Friday Evening News Brief, May 5

Friday evening brief May 5 2017
Good evening!
Here’s everything that transpired during the course of the day…
India successfully launched its communication satellite-9 (GSAT-9) into a Geostationary orbit. The Gsat-9, with its footprint extending all over South Asia, marks India’s first ‘space diplomacy’ endeavour allowing six neighbouring countries to use the benefits of the satellite without having to spend anything on the project. India has incurred an estimated cost of Rs 450 crore and will now have a secure hotline with the six nations that can be used during disaster management and other emergencies.
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The Supreme Court has upheld the death penalty for the four convicts in the 2012 gang-rape and murder of Nirbhaya. “The Nirbhaya rape-cum-murder case is rarest of rare case and we are compelled to give extreme punishment to ensure justice. The brutal, barbaric, and demonaical conduct of the convicts shook the conscience of humanity and they don’t deserve leniency,” the top court said, while hearing an appeal filed by the four convicts who challenged the Delhi High Court’s March 2014 confirmation of the death sentence handed to them by a trial court in 2013.
The Samajwadi Party (SP) has split, as Shivpal Yadav announced the launch of a new party – the Samajwadi Secular Morcha. The new party will be headed by Mulayam Singh Yadav, who is yet to respond to his younger brother’s declaration. “Neta ji ko unka sammaan vapas dilane, aur Samajawadion ko ek saath laane ke liye is morche ka jald hi ailaan hoga,” Shivpal said, as he made the announcement after a meeting with his brother-in-law Ajant Singh Yadav in his hometown Etawah.
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Realty act has prescribed 10% interest for delay in the delivery of homes. Delayed ongoing housing projects will be registered with Real Estate Regulatory Authority’s (RERA) only if the developer is ready to pay the buyer interest at the authority’s prescribed rate, which is 2 percentage points above SBI’s MCLR (marginal cost of fund based lending rate), and not the contractual rates of 5 per sq ft to 10 per sq ft which builders had accepted to pay when the sales agreement was signed, Chairman of Madhya Pradesh RERA said.
Pakistani police has registered a report against Nawaz Sharif for ‘creating hatred’ against the armed forces. The one-page report, known as ‘roznamcha‘ in local parlance, was lodged at Civil Line police in Rawalpindi on Wednesday by Advocate Ishtiaq Ahmed Mirza, who claimed himself as the chairman of the IM Pakistan party.
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