Sunday Morning News Brief, June 11

Sunday morning brief Jun 11 2017
Good morning!
Here’s everything you need to know to start your day…
Driven by sales of houses costing below Rs 30 lakh, there is a sharp rise in home loans. After years of selling pricey luxury homes, builders are moving towards modest apartments to suit middle-class pockets. As a result, almost half of all bank credit comprised loans to housing, given the almost non-existent corporate loan demand.
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The Army has started using ‘through the wall’ radars to catch terrorists in Kashmir. The radar is being used to help the security forces pinpoint the location of terrorists, who hide behind specially created walls or in underground cavities in houses during combing operations. A few such radar systems have already been imported from the United States and Israel.
In Army’s latest recruitment, 11 boys from Jammu & Kashmir have become officers. They graduated from the Indian Military Academy in Dehradun on Saturday along with 479 others. Lt Umar Fayaz was their immediate senior. Fayaz, just 23 and commissioned into the Army in 2016, was killed on May 9 in Shopian, south Kashmir, after terrorists abducted him from the wedding of a cousin he had gone to attend.
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Gorkhaland Janmukti Morcha has called for a month-long shutdown of government offices, civic agencies and banks from Monday. The GJM’s call for total non-cooperation with the Bengal government and the renewed demand for Gorkhaland came within hours of CM Mamata Banerjee ruling out any “compromise” with forces using “bombs and stones”.
The IIM-C has registered a two-fold rise in the number of women admitted for the 2017-19 batch. With women accounting for 31% of the new students, this batch boasts of the highest female representation at IIM-C to date. Officials say this is also the strongest girl squad among the top three IIMs – Ahmedabad, Bangalore and Calcutta – in recent memory.
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