Lack of domestic demand affecting ‘animal spirits’ of economy: RBI
The Reserve Bank of India (RBI) — in its annual report for 2018-19 — said it is the domestic demand that is holding back the animal spirits in the economy even as it acknowledges that the recent deceleration could be a cyclical one rather than deep structural slowdown.
Gold crosses record ₹40,000-mark as recession fears seep in
Closing in on the ₹50,000-mark, silver rose by ₹200 to ₹49,050 per kg on robust demand from industrial units and coin makers amid strong overseas trend.
Deepa Malik becomes the first Indian woman para-athlete to be conferred Rajiv Gandhi Khel Ratna award
Malik became only the second para-athlete after double Paralympic gold-medallist javelin thrower Devendra Jhajharia, who received the recognition in 2017, to have won the prestigious award. At 49, she also became the oldest athlete ever to have claimed the honour.
Gujarat coast put on high alert after inputs of possible entry by Pakistan commandos
The Border Security Force found two single-engine Pakistani boats abandoned in the ‘Harami Nala’ area and a search operation had been launched, a BSF spokesperson said.
Pakistan has no locus standi on Kashmir, says Rajnath Singh
India wants to have good neighbourly relationship with Pakistan, but it should first stop exporting terror to India, Mr. Singh said. He asserted that Pakistan has no locus standi on Kashmir .
Yechury in Srinagar to meet ailing comrade Tarigami
Mr. Yechury landed in Srinagar on August 9, four days after the Centre announced the revocation of Jammu and Kashmir’s special status but was turned away by the administration from the airport.
INX Media case: SC to pronounce order on Chidambaram’s plea on September 5
A bench of Justices R Banumathi and A S Bopanna also extended interim protection from arrest granted to Mr. Chidambaram till that date.
War and Peace: ‘Mere possession of books does not implicate Vernon Gonsalves’
A day after Justice S.V. Kotwal told senior advocate Mihir Desai to explain why Rajya Daman Virodhi released by the Kabir Kala Manch, and War and Peace in Junglemahal: People, State and Maoists was found at his residence, Mr. Desai said on Thursday, “None of the books are banned under Section 95 [power to declare certain publications forfeited and to issue search warrants for the same] of the Code of Criminal Procedure. Most of them are available on [online retailer] Amazon,” he said. | On War and Peace by Leo Tolstoy, a writer whose ideals the Mahatma shared
Govt for 100% privatisation of Air India: Hardeep Singh Puri
In its earlier disinvestment attempt, the government sought to sell 76% of its stake and retain the remainder. This was among the main reasons why no private player came forward to participate in the privatisation process.
Draft UN report warns of rising seas, storm surges, melting permafrost
Even under optimistic scenarios in which warming is capped at 2°C, Earth will likely see more than a 100-fold increase in the damages caused by superstorms and 280 million people displaced by rising seas, the report found.
Brazilian indigenous people speak out as Amazon fires rage
According to Brazil’s National Space Research Institute, an estimated 3,553 fires are now burning on 148 indigenous territories in the region.
