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Thursday Morning News Brief, June 8

Jun 8, 2017 , , , ,
Thursday morning brief Jun 8 2017
Good morning!
Here’s everything you need to know to start your day…
Indian Space Research Organisation will launch a Cartosat-series satellite into the 505-km polar sun synchronous orbit by end of this month. Called ‘eye in the sky’ because of its surveillance capabilities, the 550kg satellite will provide scene-specific spot imagery. The first major use of the Cartosat-2C satellite by the military was when the Army counted on satellite images to hit terror launch pads across LoC during the surgical strike in 2016.
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Intelligence agencies found that ISI handlers are using shrine donations to fund terrorist activities. The Rajasthan Police have unearthed the nexus while interrogating ISI spy Deena Khan, who was arrested last week from a remote village in Barmer district. He was in-charge of a small Mazar in Chohtan village and distributed Rs 3.5 lakh of Mazar’s donation to other spies. Intelligence agencies are now keeping a close tab over the sudden spike in makeshift places of worship in border villages.
India will look to provide a leg-up to its fight against terrorism with its full membership of Shanghai Cooperation Organisation. The heads of all six member-states, China, Russia, Kazakhstan, Uzbekistan, Kyrgyzstan and Tajikistan, will endorse the full membership of both India and Pakistan. “I look forward to deepening India’s association with the SCO which will help us in economic, connectivity and counter-terrorism cooperation, among other things,” Modi said in his pre-departure statement.
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​The rift between the RBI and the government came out in open after the central bank left key interest rate unchanged, leaving the finance ministry fuming. The six-member Monetary Policy Committee (MPC) tasked with setting RBI’s interest rates unanimously declined an invite for a meeting with finance ministry officials ahead of the policy. “The meeting did not take place. All the MPC members declined the request of the finance ministry for that meeting,” RBI Governor Urjit Patel said. In an unusual step, chief economic adviser Arvind Subramanian issued a written statement backing a rate cut.
US President Donald Trump called Qatar’s emir and offered US help as efforts grew to resolve a damaging feud between the emirate and its Gulf neighbours. Trump’s call to Qatari ruler Emir Sheikh Tamim bin Hamad Al-Thani, a key US ally, came as a senior Emirati official told AFP that Gulf Arab states were not seeking regime change in Doha. “The president offered to help the parties resolve their differences, including through a meeting at the White House if necessary,” Trump’s office said after the call.
Copyright @ 2017 Bennett, Coleman & Co. Ltd.

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