| Good evening! |
| Here’s everything that transpired during the course of the day… |
| India has demanded that the WTO unequivocally endorse the centrality of the multilateral system. Taking a tough stand, India also demanded special treatment for developing countries and addressing its concerns on food security. The tough posture came after the US sought to block a deal on public stockholding, putting the WTO ministerial at Buenos Aires at risk of a collapse. Read. |
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| The Economic Offences Wing took over the probe in PanCard Clubs case. More than 50 lakh investors were allegedly duped of approximately Rs 7,035 crore in the scam. An EOW officer said the agency has registered a case of cheating and named 6 directors of PCL in the FIR. Earlier, Sebi had asked PCL, a timeshare company, to not sell its properties. |
| A US channel has suggested that Adam’s Bridge or Ram Setu between India and Sri Lanka may have been built by humans. Citing images from a Nasa satellite, the show on Science channel claims that investigators have found a line of rocks 30 miles long between Sri Lanka and India. The stones in the image sit on a ‘sandbar’, which occurs in areas with shallow water. Analysis of the rocks found on the sea bed shows that they predate the sand. |
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| The Doklam standoff had put “severe pressure” on India-China ties, Chinese foreign minister Wang Yi told Sushma Swaraj. Lessons must be learned and efforts made to avoid such an incident in the future, Wang said. While enhancing strategic communication at all levels and restoring dialogue mechanisms both sides should also properly manage differences to maintain peace and tranquility in the border areas, he added. |
| Underworld dons Dawood Ibrahim and Chhota Shakeel may have parted ways, Indian intelligence believes. Shakeel is said to have moved out of Karachi’s Clifton area, where the two had been based, to an unknown location. The rift between the two occurred from Shakeel’s discomfiture about Dawood’s younger brother Anees’ alleged interference in the gang’s operations. |
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