News Dabba 13 June: 5 stories across the web for a balanced news diet
Here are the daily updates that the internet is talking about through various news websites.
Anushka Vani brings you the daily updates that the internet is talking about through various news websites. Here's a glance through some of the National and International news updates, from the demolition of Afreen Fatima's house, the Yen falling lowest against the US dollar, Amazon plea rejected against Future Group company to pay penalty, Rahul Gandhi to appear before ED, to Chicago’s weekend shootings.
The Wire’s piece on communalism talks about the 'Rule of Law Lost in Rubble'
The Wire reports on the reactions of disbelief, criticism, and peaceful protests by activists, a section of the opposition politicians, journalists and social media commentators against the Prayagraj Development Authority that demolished JNU student Afreen Fatima’s house. The report states that the Jawaharlal Nehru University Students Union (JNUSU) staged a demonstration on the JNU campus on Sunday, June 11, after the Uttar Pradesh authorities demolished the house of Fatima’s father Javed Ahmad who is a leader of the Welfare Party of India, as he is labeled as the ‘mastermind’ of the protest that took place against the Bhartiya Janata Party (BJP) Leader’s remarks against Islam. According to the report, the house was demolished within hours of a notice that was handed to Fatima while the rest of her family was in police custody. Read the full report on The Wire.
Reuters reports Yen falls to the lowest level since 1998 as the US yields March higher
Reuters reports today that the Yen has tumbled to its lowest against the US dollar in 24 years. It states that the gap between Japanese and the US benchmark yields widened after the red-hot US inflation data drove US Treasury yields higher. According to the report, the US dollar rose as high as 135.22 Yen. Since October 1998, this is the highest benchmark for the US dollar against Yen. The report also states that the Central Bank's efforts to raise interest rates to curtail inflation will be the focus for this week, as the Federal Reserve and the Bank of England are expected to raise rates. There is a possibility that the Swiss National Bank would do the same. With banks increasing the rates, some changes are expected from the Bank of Japan (BOJ). The report also mentions that the BOJ would buy 500 billion Yen of Japanese government bonds. Read the full report on Reuters.
Amazon plea rejected, e-retail to deposit Rs 200 Cr penalty in 45 days, reports Telegraph
Telegraph today’s report is focused on the legal battle between Amazon and the Future Group. The National Company Law Appellate Tribunal (NCLAT) on Monday rejected Amazon’s plea that challenged the decision of the Competition Commission of India (CCI) to suspend the approval for the e-commerce major’s deal with the Future Coupons. The report further adds that a two-member bench by Justice M Venugopal and Ashok Kumar Mishra, defended the findings of the CCI and directed the company to pay the penalty of Rs 200 crore that was imposed on the company by the Fair-Trade Regulator, Amazon is expected to pay the penalty within 45 days starting from Monday. Read the full report on Telegraph.
The Indian Express as Rahul Gandhi appeared before ED for questioning in National Herald case
The Delhi Police detained Congress leaders amid a protest outside the All-India Congress Committee (AICC) headquarters in support of Rahul Gandhi, reports The Indian Express. In continuation to the money laundering case related to the National Herald Newspaper, Rahul Gandhi appeared before the Enforcement Directorate (ED). The report adds that the Congress party’s Chief Ministers Ashok Gehlot and Bhupesh Baghel and its Lok Sabha and Rajya Sabha members of the parliament (MPs) staged a protest holding placards and shouting slogans from the AICC headquarters to the ED office. Read the full report on IE.
The Print reports as 5 killed, 16 injured in Chicago’s weekend shootings
Amid the ongoing debate around measures on gun violence in the US, Chicago on Saturday witnessed multiple incidents of shootouts resulting in the death of five persons while 16 others are injured, the Print reports. According to the report, a 37-year-old woman was shot and killed at approximately 12:10 am on Saturday, followed by another attack at 2:27 where a 34-year-old man was found with gunshots, which was followed by a deadly shooting around 3:30 am where a 23-year-old man was killed and three others were injured. Read the full report on The Print.