Must Read News Articles of the Day – 19 August

National

T.N. to file interlocutory plea on Cauvery water : After Karnataka’s refusal to release the water, Tamil Nadu CM has ordered filing of an interlocutory petition in the Supreme Court seeking release of Cauvery water as per the final award of the Cauvery Water Tribunal.

Centre funding 16 yoga research projects : The Department of Science and Technology has funded a wide range of research institutions to study the efficacy of yoga and whether it has a role in alleviating stroke, type-2 diabetes, Parkinson’s and schizophrenia.

International

NAM principles more relevant now : 17 th summit of NAM is scheduled for September 17-18 in Margarita Island, Venezuela. Venezuela is expecting PM Modi to participate in the summit, but NAM has not been in the priority agenda in the list of government.

Giant hybrid airship takes off for first time : A blimp-shaped, helium-filled airship — considered the world’s largest aircraft — has flown for the first time with a short but historic jaunt over an airfield in central England. A hybrid of blimp, helicopter and airplane, it can stay aloft for days at a time.

Editorials

Time for a National Water Commission : The proposed National Water Commission (NWC) subsumes the Central Water Commission (CWC) and Central Ground Water Board (CGWB). How specifically does it improve national water management?

The cost of political interference :US Federal Reserve did have the necessary legal authority to save Lehman. The decision not to save the firm was a political decision taken by Mr. Paulson. The authorities did not fully anticipate the disastrous consequences that followed their decision.

Economy

India Post Payments Bank set for 2017 start : India Post Payments Bank has received the certificate of incorporation from the Registrar of Companies,paving the way for the postal department’s bank to begin operations in 2017 as announced. This will be the first public sector undertaking under the Department of Posts.

Centre unveils Internet portal for online tracking of mines : The Ministry of Mines unveiled a web portal for the easy access to information regarding the mining sector in India, including a framework for rating mines.