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Must Read News Articles – October 8

NATIONAL

Colombia’s Santos wins Peace Nobel for deal with FARC: Colombian President Juan Manuel Santos won the Nobel Peace Prize on Friday for his resolute efforts to end more than five decades of war in his country, despite voters’ shock rejection of a historic peace deal.

SC blocks BCCI funds to State units: Ban to remain till State associations accept  Lodha panel reforms.

Indo-Pak. border will be sealed by 2018: Rajnath: Amid rising tensions between India and Pakistan following the surgical strikes across the Line of Control, Rajnath Singh said that the entire stretch of 3,323 km border would be “completely sealed” by December 2018, for which a time-bound action plan would be formulated.

SC stays commercial release of GM mustard: The Supreme Court on Friday stayed the commercial release of Genetically Modified (GM) mustard crop and asked the Centre to seek public opinion on such seeds before releasing them for cultivation, even as the government approval is awaited.

Centre: Polygamy not progressive now: The government said Muslim women, merely by virtue of their religious identity and the religion they profess, cannot be relegated to a status more vulnerable than women of other religious faiths.

EDITORIALS

Chittoor’s euthanasia seekers: Parent’s unable to cough up the money needed for treatment are moving petitions seeking euthanasia for their ailing children.

A data dependent MPC: In making the decision to cut the repo rate by 25 bps, the Monetary Policy Committee was neither dovish nor hawkish, just pragmatic. MPC has room to improve.

INTERNATIONAL

ECONOMY

Pension funds may fuel start-ups: Centre mulls policy measures to enable pension funds, insurance firms to invest in start-ups

Regulatory norms need Parliamentary control: Securities and Exchange Board of India Chairman U.K. Sinha called for greater parliamentary oversight over the norms set by regulators.

Forex reserves touch record high of $372 billion: India’s foreign exchange reserves scaled a new high of $371.99 billion. The increase was on account of a $1.468-billion surge in the foreign currency assets.

 

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