Wednesday Evening News Brief, October 18

Wednesday evening brief Oct 18 2017
Good evening!
Here’s everything that transpired during the course of the day…
Stock markets ended Samvat 2073 with robust gains of over 16 per cent, adding over Rs 25 lakh crore to investors’ wealth. The benchmark Sensex has gained 4,642.84 points, or 16.61 per cent, in the Hindu Samvat year 2073, while the broader NSE Nifty surged 1,572.85 points, or 18.20 per cent during this period. The BSE and NSE will conduct a special Muhurat trading session on Diwali.
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China President Xi Jinping said Beijing will not compromise on its strategic interests. “No one should expect China to swallow anything that undermines its interests,” he said opening a key meeting of the ruling Communist party elite. At the same time he expressed Beijing’s readiness to resolve disputes through dialogues.
Armed as well as paramilitary forces will be able to make calls to their families using satellite phone for Re 1 per minute from tomorrow. The current call rate for most of such connections was Rs 5 per minute, although some subsidised ones paid Re 1. “At present, Rs 500 monthly rent is charged for satellite phone connections from security forces. From tomorrow onwards, they will not need to pay any rental,” telecom minister Manoj Sinha said.
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The Taj Mahal found a place in the 2018 calendar brought out by the Uttar Pradesh government. The world famous monument recently found itself embroiled in controversy with BJP MLA Sangeet Som questioning the monument’s place in India’s heritage, stressing that history would be re-written to erase Mughal emperors from it.
The CBI said it would look into the “facts and circumstances” of the Bofors scam mentioned by private detective Michael Hershman. Hershman, who is the president of the US-based private detective firm Fairfax, claimed in television interviews recently that Rajiv Gandhi was “furious” when he had found a Swiss bank account “Mont Blanc”.
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