Thursday Evening News Brief, November 2

Thursday evening brief Nov 2 2017
Good evening!
Here’s everything that transpired during the course of the day…
State Bank of India has lowered home loan rate by 0.05 per cent to 8.30 per cent, the lowest in the industry. It has also reduced the auto loan by a similar percentage point to 8.70 per cent. “With this reduction, SBI’s offering in home loan is the lowest in the market. The new rates will be effective November 1,” SBI said in a statement. The bank had last cut the rate on January 1. Read.
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Prime Minister Narendra Modi while addressing a BJP campaign rally at Kangra in Himachal Pradesh today ridiculed the Congress as a “laughing club”. The Prime Minister said that Himachal Pradesh has suffered under the Congress and on election day, the people will bid farewell to those who have looted them. He went on to ask the opposition party to introspect on why people all over the country are turning away from it one by one.
Indian badminton player Kidambi Srikanth has risen two places to a career-high No 2 in the latest BWF men’s singles ratings. The 24-year-old shuttler’s prolific form in 2017, during which he has claimed an Indian record four Super Series titles, has helped him reach 73,403 rating points, the best ever by an Indian male badminton player. He is second to Viktor Axelsen, whom he eliminated from last week’s Denmark Open in the quarter-finals.
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US President Donald Trump today vowed that he will terminate the popular green card lottery. The development comes a day after an ISIS-inspired Uzbek man who entered the US under the programme killed eight people in New York in the deadliest terror attack in the country since 9/11. Trump said he wants to move US immigration to a “merit- based system” and not allow immigrants to bring their extended families.
A huge “monster” planet that’s far too big for its sun could lead scientists to rethink their theories of astronomy. The planet, known as NGTS-1b, is the size of Jupiter, but it orbits around a red dwarf star that’s only half the size of its sun. Scientists not only didn’t predict that such a massive planet would be able to orbit such a small star, but it contradicts some of the predictions at the heart of their understanding of how planets form.
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