Latest News At A Glance - The India Saga



Latest News At A Glance

Union Minister Venkaiah Naidu declared NDA’s vice-presidential candidate  Senior BJP leader and Union Minister M Venkaiah Naidu will be the…

Latest News At A Glance

Union Minister Venkaiah Naidu declared NDA’s vice-presidential candidate 

Senior BJP leader and Union Minister M Venkaiah Naidu will be the NDA candidate for the post of Vice President. The announcement was made by BJP President Amit Shah in New Delhi this evening after the Party Parliamentary Board meeting.

Voting concludes to elect 14th President of India

Voting was held today to elect the 14th President of India as members of Parliament and legislative assemblies exercised their franchise at designated centers at Parliament House and state assemblies complex.

A total of 714 MPs voted in the Presidential polls in Parliament House. Briefing media in New Delhi, Secretary General, Lok Sabha and returning officer for Presidential elections, Anoop Mishra said, four MLAs also voted in Parliament house and 54 MPs exercised their franchise in their states.

GST Council decides to hike cess on cigarettes

GST Council has decided to hike cess on cigarettes in its meeting held in New Delhi this evening. The council took the decision after reviewing the compensation cess rates on cigarattes. 

The new rate will come into effect from midnight tonight. Briefing reporters after the meeting, Finance Minister Arun Jaitley said that Cess on cigarettes of up to 65 mm has been raised by 485 rupees per thousand sticks and on those exceeding 65 mm by 792 rupees per thousand sticks. 

The change in cess would fetch five thousand crore rupees additional revenue. He said, the next meeting will take place in first week of next month to review progress of new indirect tax regime GST.

Roger Federer lifts a record 8th Wimbledon title beating Marin Cilic in Men’s singles

Roger Federer won a record eighth Wimbledon title and became the tournament’s oldest champion today with a straight-sets victory over Marin Cilic. 

Federer claimed his 19th Grand Slam title beating Cilic 6-3, 6-1, 6-4. The 36-year old Federer is also Wimbledon’s oldest men’s winner of the modern era, succeeding Arthur Ashe, who was almost 32 when he won in 1976.

Monsoon session of Parliament begins; Both Houses adjourned

The Monsoon session of Parliament began today and both Houses paid tributes to the departed sitting and former members and the victims of Amarnath terror attack before adjourning till tomorrow.

As soon as the Lok Sabha met, Speaker Sumitra Mahajan read the condolence message over the death of sitting MP Vinod Khanna and some former members of the House.

MoU Signed between Department of Defence Production and BEL 

Bharat Electronics Limited (BEL), a Navratna Schedule ÂAÂ Central Public Sector Enterprise (CPSE) under the Department of Defence Production, Ministry of Defence signed a Memorandum of Understanding (MoU) for the financial year 2017-18 with the Ministry. The annual MoU was signed between Secretary (Defence Production) Shri Ashok Kumar Gupta on behalf of the Ministry of Defence and Chairman and Managing Director, BEL Shri MV Gowtama. 

The revenue from operations has been targeted at Rs. 9000 crore. The Operating Profit to Revenue from Operations target has been set at 14 percent and PAT to Average Networth has been set at 15 percent. 

News Source – newsonair