Last Updated : May 23 2019 1:03PM     Screen Reader Access
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Morning News

0815 HRS

  • Prime Minister Narendra Modi addresses world's largest financial technology festival Fintech in Singaporpower of technology; Says Fintech is a celebration of the belief in the spirit of innovation
  •  ISRO to launch communication satellite GSAT-29 from Sriharikotta this evening.
  • India International Trade Fair begins today at Pragati Maidan in New Delhi.
  • Sri Lankan Parliament meets today after Supreme Court stays President's order dissolving the house.
  • UK and European Union reach a draft agreement on Brexit.
  • Four-day Chhath Puja concludes with devotees offering prayers to the rising sun.


Prime Minister Narendra Modi addressed the world's largest financial technology festival Fintech in Singapore this morning. Addressing the gathering, Mr Modi said Fintech is a celebration of the belief in the spirit of innovation and power of technology. 

"Fintech festival is also a celebration of belief. Belief in the spirit of innovation and the power of imagination. Belief in the energy of youth and their passion for change. Belief  in making the world a better place. And it is no surprise that in just its third year, this festival is already the world's largest festival."
The Prime Minister said, technology is creating boundless opportunities to transform lives.

"To the youth of India, with its eyes firmly fixed to the future, it is an acknowledgment of the financial revolution sweeping through India and transforming the lives of 1.3 billion people.  This is an event of finance and technology and is also a festival."
Mr Modi said, it is defining competitiveness and power in the new world. He said, it is a great honour to be the first Head of Government to deliver his address at Singapore in the event. He said, it is an acknowledgment of the financial revolution sweeping through India and transforming the lives of 1.3 billion people. Mr Modi said :
"India and Singapore are also working to connect Indian and ASEAN small and medium enterprises, anchored on an Indian platform, and expanding it globally. Friends, I have heard of an advice going around in start-up circles. To increase your venture capital or VC funding by 10 per cent."
About 30 thousand people attended the keynote address of Mr. Modi at this Festival. 
The Prime Minister arrived in Singapore this morning on a two-day visit to attend the East Asia Summit, ASEAN-India informal meet and the Regional Comprehensive Economic Partnership, RCEP Summit.
Prime Minister Modi will also attend the RCEP Summit to review the progress made on the negotiations to finalise the proposed free trade agreement. 
Mr. Modi will also hold several bilateral meetings today. He will hold talks with US Vice President Mike Pence and Prime Ministers of Singapore, Australia and Thailand.    <><><>
Indian Space Research Organization will launch the communication satellite GSAT-29 this evening from the Satish Dhawan Space Centre in Sriharikotta. The ISRO's heaviest ever launch vehicle GSLV Mark-III is set to inject the satellite into a geostationary transfer orbit after its lift off at 5:08 PM. The countdown for the launch started at 2:50 PM yesterday and is progressing smoothly.
The satellite GSAT-29 has high throughput communication transponders in the Ka and Ku bands. It can augment high speed data transfer in India’s far flung and remote areas. It weighs 3,423 kgs during lift off and has an operational life of over ten years. We have a report from our correspondent:
 "The ISRO scientists are confidently going ahead with the crucial launch today, as the Cyclone Gaja has moved away from Sriharikota region. The mission assumes significance, as its success would qualify the national space agency’s fifth generation launch vehicle GSLV-Mark Three, for regular launches of four-tonne class payloads. It is also set to provide a further fillip, to the prestigious Chandrayaan-II mission, that is being planned early next year. The satellite GSAT-29 that is to be injected into the preparatory orbit today would help increase the speed and quantum of data transfer, paving way for hi-speed communication even in remotest parts of the country. Jayasingh, AIR News, Chennai."


Today is the last day for withdrawal of nomination papers for the Assembly elections in Madhya Pradesh and Mizoram. Both the states will go to the polls on the 28th of this month.
In Madhya Pradesh, full bench of the Election Commission, headed by Chief Election Commissioner O P Rawat, during its second-day visit of the state, will review the poll preparation in the remaining 33 districts. Our correspondent reports that the poll body yesterday held meetings over election preparations in 18 districts and expressed satisfaction over these arrangements.
Campaigning for second phase of Assembly elections in Chhattisgarh has reached its peak. Our correspondent reports that 72 constituencies will go to polls in this phase on the 20th of this month.

  "The BJP, Congress and other political parties are putting in their best of efforts to canvass support to their respective candidates. Union Home Minister Rajnath Singh, Uttar Pradesh Chief Minister Yogi Aditya Nath and actress Hema Malini are scheduled to address election meetings at various places to seek support for BJP candidates. While, Congress President Rahul Gandhi, who is on a two-day visit to Chhattisgarh, will also hold the public meetings at Korba, Bilaspur, Kawardha and Bhilai to canvass for his party candidates today. Total one thousand one hundred and forty eight candidates are testing their electoral fortunes in the second phase. Vikalp Shukla, AIR News, Raipur."


The 38th India International Trade Fair will begin at Pragati Maidan in New Delhi today. This year the theme of the fair is Rural Enterprises in India.
Afghanistan is the Partner Country, while Nepal will be the Focus Country. Jharkhand is participating as a Partner State in the event. Our correspondent reports that around 800 participants from different States and government departments, domestic and international companies are taking part to showcase their products during the 14-day annual event.
 "Around 800 participants from  domestic and International companies are taking part in the event to showcase their products. Countries including China, Hong-Kong, Iran, Myanmar, South Africa, South Korea and Thailand are participating in the fair. The first four day of the fair will be reserved for the business visitors for which the entry ticket will be 500 rupees per person. For general public, the  fair will open from 18th of this month. The entry ticket will be 60 rupees for adults and 40 rupees for children while during weekend and public holiday, the price of the ticket will be 120 rupees for adult and 60 rupees for children. Anand Kumar, AIR News, Delhi."


The Prime Minister Kaushal Vikas Yojana is imparting skills to millions of youths to prepare them for the job market. It has enabled more than ten lakh youths to secure jobs in industry and a large number of people are undergoing training at about 8500 training centers across the country. Several youths in Tuticorin have regained confidence in themselves due to the skill development scheme. Here is a Ground Report from our Chennai correspondent:
"Mere theoretical knowledge is not always helpful for the youth to find jobs and stand on their own. Job markets demand that they have to be employable with necessary skills. The Prime Minister’s Kaushal Vikas Yojana aims at bridging the gap between the demand for skilled workforce and the availability of trained youth. A beneficiary of the scheme, Ms Eswari from Varthagareddipatti of Tuticorin district in Tamil Nadu says:
Training's are being held in different sectors like apparels, hospitality, gems and jewellery, IT-enabled services and healthcare, to name a few. India has a demographic advantage of having more youth than even the total population of many other countries. The PM Kaushal Vikas Yojana simply aims at making them a global workforce. Jayasingh, AIR News, Chennai."


In International News,
In Sri Lanka, Parliament has been convened today following the Supreme Court's decision to stay the President’s gazette for dissolution of Parliament and holding of early elections. The three-judge bench headed by Chief Justice gave its ruling yesterday on petitions against President Maithripala Sirisena’s decision.The Court has put injunction on the Presidential gazette till 7th of December and will hold further hearings from 5th of December.


 United Kingdom and European Union negotiators have reached a framework Brexit agreement. The draft pact will be examined by the British Cabinet at an emergency meeting this afternoon. Prime Minister Theresa May's office said in London that the Cabinet will meet to consider the draft agreement, and the negotiating teams have reached in Brussels, to decide the next steps.


Back Home,
The four-day celebrations of the Chhath Puja concluded this morning with the offering of prayers to the rising sun in different parts of the country. After offering prayers to the Sun God, devotees broke their 36 hour fast and Prasad was distributed among the people. Our Patna correspondent has the details of the celebrations in Bihar.

"Devotees paid oblation to rising Sun with Thekua,seasonal fruits and other puja materials.  Lakhs of devotees paid offering to  the Sun God on the banks of ponds and water reservoirs in mithlanchal areas which includes Darbhanga, Madhubani and Sitamarhi districts of the state. A large number of devotees made special offerings at various sun temples including the Deo in Aurangabad, Badgao in Nalanda and Ular Sun temple in Patna district. K K Lal, AIR News, Patna."


As the cyclonic storm Gaja is steadily approaching the Tamil Nadu shores, weather officials have forecast rainfall at many places in north coastal Tamil Nadu, Puducherry and its adjoining districts from this evening. Other places are expected to get rain on the day of the cyclone’s landfall tomorrow, with the possibility of heavy to very heavy rain at isolated places.


  • The Supreme Court agreeing to hear review petitions on its September judgment that allowed women of all ages to enter the Sabarimala temple in Kerala gets top billing across several newspapers this morning.
  • "Supreme Court will review its Sabrimala order" headlines the Hindustan Times. The paper says 'entry of women not restricted as court refuses to grant stay but priests, protestors celebrate'. The Hindu calls it 'a win-win outcome' for both the Kerala government and the Sangh Parivar outfits.
  • Dassault Aviation CEO coming out in the defense of the Modi government over the Rafale deal also gets major traction in the papers. "Dassault's clean chit to PM" headlines the Statesman. The Indian Express highlights "CEO of Dassault counters Rahul: I don't Rafale 9% cheaper".
  • Flipkart CEO Binny Bansal quitting over allegations of personal misconduct is also highlighted by most dailies. "Flipkart promoter quits after 'personal misconduct' probe" headlines the Times of India.
  • In a sign that the people of Chattisgarh chose the ballot over the fear of bullets, the Times of India highlights "Record 76% vote in Chhattisgarh Moist areas".
  • Twitter CEO Jack Dorsey visiting India on his maiden visit also gets wide coverage. "PM Modi gave me ideas for Twitter, says Dorsey" headlines the DNA. "Government asks Twitter to help track accounts" writes the Hindu.
  • Under the caption 'Misinformation menace', the Hindustan Times writes "Vernacular social media platforms new hotebed of fake news explosion". 'From lies to hate speech, platforms like ShareChat and Helo face the same issues for which WhatsApp, Twitter are facing scrutiny' adds the daily.
  • And finally, analysing the recently released data of the 2001 Census, the Times of India writes "Hindi, Bengali speakers least multi-lingual groups in India".


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