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Saturday evening news brief, April 28

Apr 28, 2018
Saturday evening brief Apr 28 2018
Good evening!
Here’s everything that transpired during the course of the day…
China, India should be ‘good neighbours, good friends’, said Xi Jinping after meeting PM Modi. President Xi Jinping said China and India are the “backbone” of the world’s multipolarisation and economic globalisation, and the two countries should jointly make positive contributions to the global peace and development. The talks between PM Modi and Xi at Wuhan focused on diverse areas of India-China cooperation. Read.
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Reliance Industries clocked record profits of Rs 9,435 crore in the fourth quarter of fiscal 2018, up 17 per cent. This indicates that RIL makes around Rs 105 crore a day. The digital services business, run under the Jio brand, posted a net profit of Rs 510 crore in Q4FY18. This is the second time in a row the telecom unit has declared a profit. RIL’s consolidated profit was Rs 8,046 crore a year earlier.
North Korea hailed its summit with the South as a “historic meeting” that paved the way for the start of a new era. The official KCNA news agency carried the text of the leaders’ Panmunjom Declaration in full and said the encounter opened the way “for national reconciliation and unity, peace and prosperity”. In the document, Kim Jong Un and Moon Jae-in “confirmed the common goal of realising, through complete denuclearisation, a nuclear-free Korean Peninsula”.
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The government today dismissed Congress’s allegations that it is trying to “privatise” India’s heritage. The government affirmed that the contract signed with Dalmia Bharat Group giving it access to The Red Fort does not entail any profit-making activity. Dalmia Group signed a contract with the government to adopt Red Fort for five years at the cost of Rs 5 crore per year. Congress had alleged that the government is in the process of privatising India’s heritage.
Kiran Bedi announced that villages with open defecation will not be eligible to avail the benefits of free rice scheme. The announcement came following Bedi’s visit to Mannadipet village in Puducherry. Bedi, who was anguished at the slow pace of rural sanitation initiatives, set a four-week deadline for the villages to achieve open defecation and garbage-free status. Puducherry chief minister V Narayanasamy has dismissed Bedi’s order, calling it “unconstitutional”.
Copyright @ 2018 Bennett, Coleman & Co. Ltd.

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