Today in History (September 1st, 1960)
On September 1, 1960, the 86th U.S. Congress adjourned sine die without agreeing on a bill that would have given President Dwight D. Eisenhower the authority to refuse to buy sugar from the Dominican Republic. This legislative failure was tied to broader U.S.-Dominican relations, with the Eisenhower administration seeking to use economic pressure to influence the Dominican government’s actions but facing opposition in Congress.
Summary of Today’s News
Statehood for J&K may take time; polls can be held: govt
The Indian government has informed the Supreme Court that it cannot specify when full statehood will be restored to Jammu and Kashmir, but it asserts that the region is ready for elections anytime. They view the Union Territory status as temporary due to historical disturbances, suggesting that full statehood may take some time.
Decoding the OCCRP’s Adani report.
Rule 19A of India’s stock market regulations requires publicly listed companies to maintain at least 25 percent public shareholding to ensure fair trading. An investigation has found that two Mauritius-based funds traded heavily in shares of Adani companies between 2013 and 2018. Additionally, a UAE-based firm owned by Vinod Adani, a member of the Adani promoter group, received substantial fees from these funds. This raises concerns about potential stock market manipulation and insider trading.
Chinese President Xi yet to confirm presence at G20 summit in Delhi
Chinese President Xi Jinping has not confirmed his attendance at the upcoming G20 Summit in Delhi, leading to uncertainty. Most other world leaders have confirmed their participation. If President Xi doesn’t attend, Chinese Premier Li Qiang is expected to represent China. This potential absence would be unusual, given Xi’s regular attendance at G20 summits in the past. It comes amid recent tensions between India and China over various issues, including territorial disputes and military cooperation. The situation could impact China’s role in the summit’s discussions and outcomes.
Assam based oncologist Ravi Kannan wins 2023 Ramon Magsaysay award.
Dr. R. Ravi Kannan, a surgical oncologist and Director of the Cachar Cancer Hospital in Assam, has been awarded the 2023 Ramon Magsaysay Award for his outstanding contributions to cancer treatment in Assam, particularly for the poor. Under his leadership, the hospital expanded its services, introduced pro-poor initiatives such as free treatment and lodging, and trained caregivers in pain management. This led to a significant increase in patient compliance rates.
