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Thursday Morning News Brief, June 1

Jun 1, 2017 , , , ,
Thursday morning brief Jun 1 2017
Good morning!
Here’s everything you need to know to start your day…
PM Modi has said there is a wide scope for cooperation in an interdependent world. India and Spain have both faced the scourge of terrorism and will focus on fighting it even as they build mutual cooperation in areas such as infrastructure, railways and smart cities, PM Narendra Modi said, as he held talks with Spanish President Mariano Rajoy. The strong reference to “zero tolerance” to terrorism came as India and Spain sealed seven agreements in areas such as energy, security and civil aviation.
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A woman IRS officer from Karnataka, Nandini K R, has topped the civil services exam 2016. This is for the third year in a row that a woman has bagged the top rank in the elite exam. The second and third rank went to Anmol Sher Singh Bedi from Amritsar in Punjab and Gopalakrishna Ronanki, respectively. As per final results announced yesterday, 1,099 candidates – 846 men and 253 women – were recommended by UPSC for IAS (180), IPS (150), IFS (45) and other Group A and B central services (834).
Indian homemakers generated $9 billion in sales through WhatsApp and Facebook, a report has said. The gross sales made by these homemakers, using basic internet tools are projected to grow to anywhere between $48-60 billion in size by 2022, the Zinnov report pointed out. What’s aiding the growth of these re-sellers is the increased usage and access of smartphones in tier I cities which make up 50-60% of the market while tier II and tier III cities contribute the rest.
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The US is facing isolation as Donald Trump is readying Paris climate pact pullout. Trump’s case on withdrawing the US from the accord is premised on the argument that meeting climate change goals by reducing its carbon footprint is detrimental to the US economy and will affect job creation. Trump and his aides maintain that fear of global warming is overstated by the liberal elites, and the establishment commitment to address the “non-existent” threat actually destroyed the US economy.
Satyendar Jain has moved the Delhi high court seeking quashing of tax evasion proceedings against him. Jain said a penal provision invoked against him was not in force when the alleged illegalities were committed and that the provision came into existence on November 1, 2016 through an amendment, but the I-T department had admitted that the transactions were made between March 2011 and March 2016.
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