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MORNING NEWS

0815 HRS

23.01.2018

THE HEADLINES,

  • Prime Minister Narendra Modi holds bilateral talks with Swiss President in Davos; Two leaders discuss steps to further deepen bilateral cooperation built upon their shared values of democracy and diversity; Mr. Modi meets Global CEOs and presents exciting business opportunities in India; To deliver landmark keynote address at plenary session of World Economic Forum today.
  • International Monetary Fund projects India's growth rate at 7.4 per cent in 2018 as against China's 6.8 per cent making it the fastest growing economy.
  • Supreme Court to hear today interim applications of Rajasthan and Madhya Pradesh regarding release of hindi movie Padmavat.
  • Om Prakash Rawat to take over as Chief Election Commissioner today.
  • Nation pays homage to Netaji Subhash Chandra Bose on his 121st birth anniversary today.
  • And, in United States, Senate approves temporary funding bill to end government shutdown.

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Prime Minister Narendra Modi met Swiss President Alain Berset in Davos last night and discussed ways to deepen bilateral ties on the sidelines of the World Economic Forum (WEF) annual summit. Mr Modi said in a tweet on reaching Davos, held talks with the President of the Swiss Confederation and reviewed the scope of our bilateral cooperation and discussed ways to deepen it even further. Mr Berset said the discussions marked the meeting of the biggest and the oldest democracies in the world. Thanking Mr Modi, the Swiss President said he would continue to strengthen ties with India.

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The Prime Minister met global CEOs in Davos yesterday and presented exciting opportunity for global businesses. Addressing a round-table of top CEOs in Devos last night, Mr Modi narrated India's growth story. Under the tagline of "Made of India means business", the roundtable was attended by 40 CEOs of global companies and 20 from India.

After the meeting, MEA spokesperson Raveesh Kumar tweeted about Mr Modi narrating India's growth story and presenting exciting opportunities for global business in India at Davos.

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The Prime Minister will address a plenary session of the 48th the World Economic Forum (WEF) at Davos today. The session will be moderated by WEF chairman Klaus Schwab. The Prime Minister will showcase ‘New India’ to global chief executives at the summit.

Film Actor Shahrukh Khan, who was  honoured with WEF's 24th Crystal Award, said it is a matter of great pride that Indian Prime Minister is addressing the plenary session of the Summit.

"Matter of Honour है कि हमारे प्राइममिनिस्टर साहब नरेन्द्र मोदी जी जो हैं ओपनिंग स्पीच देंगे और पिछले कुछ दिनों के अंदर हमारी इकनॉमिक ग्रोथ जो है, Our country we are being touted as perhaps the now by 2050 to be the second largest Economic in the world और ये सब जो है इसके बारे में जब हमारे प्रधानमंत्री जी बतायेंगे। ease of doing work, Economics of opening up invesment coming internationally And also creating a local market in india. so i think it's matter of Great honour.

Businessman Ajay Singh said Our Prime Minister is in Davos at a time when the entire world is looking towards India with high hopes.

 "हमारे प्रधानमंत्री ऐसे वक्त पर यहां पर हैं जब भारत की तरफ सब लोग देख रहे हैं और लोगों को यह लगता है कि आने वाले समय में भारत ही विश्व का नेतृत्व करेगा, जो हमारी इकनॉमी है, तेजी से बढ़ रही है। बहुत रिफार्म्स हुए हैं। पिछले दो तीन वर्ष में। जिस प्रकार से जीएसटी का हमने रिफार्म किया, डिमोन्टाइजेशन का किया।

Our Correspondent covering the Summit has files this report.

"All eyes will be on Prime Minister Narendra Modi when he will address the plenary session at the World Economic Forum today in the snow laden town of Davos in Switzerland. He will encapsulate making of a new, young and innovative India. Mr Modi will also showcase India’s investment potential at the summit. Besides, there will be seven more round tables organized by Invest India on finance, financial inclusion for promoting digital payments, clean energy solutions for a better future, development of railway industry in India, developing skills in a digital world and promoting design in India. All the six union ministers including Railway minister Piyush Goyal and Commerce and Industry minister Suresh Parbhu will attend these session. With Rajesh Jha, Vasundhra, AIR News, Davos, Switzerland."              

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 The International Monetary Fund (IMF) has projected India to grow at 7.4 per cent in 2018 as against China's 6.8 per cent, making it the fastest growing economy among the emerging economies. Due to demonetisation and implementation of the Goods and Services Tax (GST), India’s economy slowed down a little bit to 6.7 per cent in 2016. In 2017, India’s growth rate dropped to 6.7 per cent. In its latest World Economic Outlook update released yesterday in Davos, Switzerland on the sidelines of the World Economic Forum, the IMF has projected a 7.8 per cent growth rate for India in 2019.

China, during the same period is expected to grow at 6.6 per cent and 6.4 per cent, the IMF said.

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The Supreme Court will hear today the interim applications of Rajasthan and Madhya Pradesh governments in the Padmavat row. The two states moved the apex court yesterday seeking recall of its 18th January order by which controversial Bollywood movie was allowed to be released in theaters across the country. The states claimed that section 6 of the Cinematograph Act empowers them to stop exhibition of any controversial movie on the grounds of possible violation of law and order.

Earlier, the Apex Court had rejected a plea seeking cancellation of the Censor Board's certificate granted to the movie. The Court had also trashed the submission that the screening of the movie may cause serious threat to life, property and law and order. The bench had said that maintaining law and order is the job of the state.

On Thursday, the apex court had paved the way for a nationwide release of movie by staying the ban on screening of the film in Gujarat and Rajasthan. The court had also restrained other states from issuing any such notification or order banning the screening of the film.

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Mr Om Prakash Rawat will take over as the Chief Election Commissioner today. He will succeed Mr AK Joti, who retired yesterday. Mr Rawat's tenure will end in December this year. He was appointed Election Commissioner in August 2015. Born on December the 2rd, 1953, Mr Rawat is a former Madhya Pradesh cadre IAS officer.

Former finance secretary Ashok Lavasa was appointed Election Commissioner on Sunday. His appointment will come into effect from the day he assumes office.

Sunil Arora is the other Election Commissioner in the three-member panel body.

<><><> 

Former Gujarat chief minister Anandiben Patel will be sworn-in as Madhya Pradesh Governor today. A Raj Bhavan official said in Bhopal that Chief Justice of Madhya Pradesh High Court Justice Hemant Gupta will administer the oath of office to Ms. Patel in a function at Raj Bhavan.

Presently Gujarat Governor OP Kohli holds additional charge of Governor "Madhya Pradesh".

<><><> 

The full dress rehearsal of the Republic Day Parade will he held at Rajpath in New Delhi today. The rehearsal will begin at 9:50 AM from Vijay Chowk and will proceed to the Red Fort. Our Correspondent reports that all offices in the vicinity of Rajpath will remain closed till 1 PM today.

"The Delhi traffic Police has made elaborate arrangements for the smooth conduct of the Parade. Traffic from Vijay Chowk to India Gate on Rajpath has been closed from last evening and no traffic will be allowed till the parade is over today. Similarly, traffic will not be allowed at Rafi Marg, Janpath and Man Singh Road till the parade rehearsal today is over. The Metro rail services will remain available for the commuters at all metro stations during the full dress rehearsal parade. However, boarding and de-boarding at the Central Secretariat and Udyog Bhawan metro station will not be permitted till 12 noon and Lok Kalyan Marg and Patel Chowk metro station from 8:45 AM to 12 noon today. The Police has also requested Google Maps to show alternative routes and inform people about the traffic restrictions. WITH SHASHANK KUMAR REPORT  tanvi Taneja, AIR NEWS DELHI."

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The ASEAN flag will fly in the sky over Rajpath for the first time this Republic Day as 10 leaders of the grouping will attend the glittering function, which will showcase India's military might.

According to a release issued by the Home Ministry yesterday, Five Mi-17 V5 helicopters of the Indian Air Force would precede the parade commander the lead helicopter will carry the national flag. The second helicopter will carry the ASEAN flag and the other three choppers will carry the flags of the Army, Navy and the Air Force, while the echelon aircraft will shower flower petals.

<><><> 

The Nation pays homage to India's great freedom fighter  Netaji Subhash Chandra Bose on his 121st birth anniversary today. It was on this day in 1897, that Netaji was born in Cuttack in Odisha. A number of functions are being organised in different parts of the country to mark the occasion. A function will also be held at the Central Hall of Parliament to pay tribute to him.

President Ram Nath Kovind, Vice President M Venkaiah Naidu, and Prime minister Narendra Modi have paid rich tributes to Netaji Subhas Chandra Bose.

<><><> 

The US government partial shutdown is set to end after Senate Republicans and Democrats voted to approve a temporary funding bill. The US Senate last night approved a measure with an 81-to-18 vote to fund the federal government through February 8th, sending the bill to the House of Representatives. Senator Chuck Schumer said Democrats would support the bill if Republicans address a programme that shields young immigrants from deportation. The Democrats refused to vote for the bill unless they secured protections for recipients of the Obama-era programme. If it passes the House as expected, government could re-open today.

US President Donald Trump has said that he will make a long-term deal on immigration only if it is good for the country and will work towards solving the problem, once the government is funded.

<><><> 

The US has asked Islamabad to immediately arrest or expel Taliban leaders who are carrying out terror activities across the border in Afghanistan and prevent them from using Pakistani territory to support its operations. A White House statement on this regard came days after the Taliban claimed responsibility for a major terror attack at the Inter-Continental Hotel in Kabul that killed at least 22 people.

<><><> 

South Korea's Hyeon Chung continued his dream run in the Australian Open, stunning former world number one Novak Djokovic of Serbia 7-6 , 7-5, 7-6 and reaching a Grand Slam quarter-final for the first time in his career. Chung also became the first Korean to reach the quarter-finals of a Grand Slam tournament.

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NEWSPAPERS HEADLINES

  • The arrest of one of the Indian Mujahiddeen's most wanted terrorists, Abdul Subhan Qureshi  by the Delhi Police on Saturday, is the top headline in most dailies. The Hindustan Times headline reads, " Indian Mujahiddeen co-founder and Gujarat blasts mastermind held after gun fight". The Statesman reports that Abdul Subhan Qureshi was also one of the ideologues of the banned Students Islamic movements of India SIMI - and had been evading arrest for the last nine years.
  • Prime Minister Narendra Modi hosted a dinner for top CEOs at the Swiss city of Davos - to showcase  India's economic reform agenda at the World Economic Forum's annual meeting, is covered by DNA. The Asian Age reports that Mr. Modi will deliver the opening plenary address at the summit today.
  • The Supreme court hearing the petition seeking  a probe into the death of judge B H Loya of the Sohrabuddin 'fake' encounter case, is another top story. The Times of India headline reads, "Loya death serious issue says Supreme court, Transfers all cases to itself.
  • "Karni Sena blinks on Padmaavat" headlines the Pioneer. Three days ahead of the scheduled release of the film Padmaavat - the Shri Rajput Karni Sena, showing some flexibility yesterday, said it was ready to watch the Bollywood movie to end the deadlock on the issue.
  • The Statesman reports that 20 disqualified Delhi MLAs of the ruling AAP withdrew their petitions yesterday - seeking a stay on the Election Commissions recommendation for disqualification to the President, at the Delhi High Court, saying they would file fresh pleas in the matter.
  • India has moved up a notch to overtake Japan and become the 5th 'most attractive investment destination', in a survey of global CEOs, reports the Times of India.
  • The IMF projecting a 7.8 percent growth rate for India in 2019 is covered in the Statesman. The Economic Times reports that Stock benchmarks hit new milestones on Monday, with the Sensex closing at 35,798 and the Nifty closing at 10,966.20.

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