MORNING NEWS AUDITORIAL | 19th April, 2018 • THE GARLAND SAGA • SBI RESEARCH AT ODDS WITH GOVT CLAIM ON CASHLESNESS • INCOME TAX WARNS SALARIED CLASS ON MISREPORTING RETURNS. • JUDGE LOYA VERDICT LIKELY TODAY • TRUMP SAYS NORTH KOREA MEETING HIS WAY, ELSE HE’LL WALK AWAY • TEEN UNEARTHS BLUETOOTH TREASURE

 

Good Morning,

 

Yes if we took you down the nostalgia lane, that’s because the man behind the animation, Bhimsain Khurana passed away yesterday. His simple messaging, music and animation still lives in our public memory, even if the message may have got diluted. And that wasn’t the only thing from the past that resurfaced yesterday, The telecast of longest running television series in India, Krishi Darshan, has been discontinued on the national channel. The Show has been playing since 26 January 1967, will now be aired on the farmer specific channel of Doordarshan; DD Kisan.

 

Don’t go too far into the memory lane, drawing you to the present is our today’s edition of the Auditorial.

 

BASAVA REJECTS AMIT SHAHs GARLAND

 

Rich build temples for Shiva

What can I, a poor man, do?

My legs are pillars

My body is the temple

My head makes the golden cupola

Oh, Lord of kUDala sangama

The standing will perish

The moving will stay on.

 

Those are the words from one of the vachanas of Basavanna, a 12th-century philosopher, poet and social reformer, who is believed to have founded Lingayatism. which became popular during the Bhakti Movement, rejected caste hierarchy and Hindu rituals like wearing thread.

Basava is in high demand now, if not his teachings then his statue at least, more so yesterday as it was Basava Jayanti yesterday.

On March 19, Siddaramaiah-led Karnataka government recommended religious minority status for Lingayats and Veerashaiva Lingayats (followers of Basavanna) to the Centre. Ahead of the Assembly election, Siddaramaiah’s decision could cause a split in votes, which would have traditionally gone to the BJP.

Prime Minister Narendra Modi paid floral tributes to a Basavanna bust in Albert Embankment Gardens, in London. He said it wasn’t political. That he was thrown a softball when an audience member tossed Modi a softball about Basavanna just ahead of Karnataka election next month on an apparent unscripted show Bharat ki Baat moderated by CBFC chief and lyricist Prasoon Joshi in the UK, obviously did not smell of politics at all, just like the mega show didn’t seem unscripted where Modiji was speaking about Modiji, referring to Modiji in the third person.

Congress Chief Rahul Gandhi was also tweeting about Basavanna and Siddharamaiah was also garlanding. Basavanna didn’t seem to mind any of that but scheduled to garland the 12-foot tall statue of the Lingayat icon and social reformer, Shah was put on a crane, along with BJP state president B S Yeddyurappa. But Basaveshwara remained out of Shah’s reach, prompting him to fling the garland at the statue. The garland, however, slipped off and fell.

 

If you don’t believe us, check out the video here:

 

 

 


 

SBI RESEARCH AT ODDS WITH GOVT CLAIM ON CASHLESS-NESS

 

SBI Research on Wednesday dropped a bombshell saying the shortfall in currency with public stood at a staggering Rs 70,000 crore. The fresh data point is at odds with the government and RBI’s assertions that there is no cash shortage whatsoever in the system. According to the Finance Ministry, the government has reserves worth Rs 1.75 lakh crore or a sixth of the currency in circulation and the prevailing cash crunch is due to the unusual demand for cash since February.

However, SBI Research’s data hints that the shortage is partly due to a shortfall in annual cash supply.

SBI Research estimates that currency with the public should have been Rs 19.4 lakh crore by March 2018 against the current figure of Rs 17.5 lakh crore, indicating a gap of Rs 1.9 lakh crore. “The shift to digital modes could be about Rs 1.2 lakh crore. The apparent shortfall thus could be around Rs 70,000 crore or even less,” said Sowmya Kanti Ghosh, chief economist, SBI Research in a note.

 


 

INCOME TAX WARNS SALARIED CLASS ON MISREPORTING RETURNS.

 

The Income Tax Department today cautioned salaried class taxpayers against using illegal means like under-reporting of income or ‘inflating’ deductions while filing their returns, stating violators will be prosecuted and their employers will be intimated to take action against them.

 


 

JUDGE LOYA VERDICT LIKELY TODAY

 

And speaking about action, even though the hostile witnesses turned a half-century as the 50th witness in Sohrabuddin fake encounter case stumbled ahead, blinded by the justice. The Supreme Court will today pronounce its verdict on a batch of petitions seeking a probe into the death of CBI special judge Brijmohan Harikishan Loya, who was presiding over the Sohrabuddin Sheikh encounter case.  BJP president Amit Shah was one of the accused in the Sohrabuddin Sheikh encounter case. He was later discharged.

 


 

AROUND THE GLOBE

 

TRUMP SAYS NORTH KOREA MEETING HIS WAY, ELSE HE’LL WALK AWAY

 

U.S. President Donald Trump said on Wednesday he hoped an unprecedented summit with North Korean leader Kim Jong Un would be successful after a recent visit to Pyongyang by CIA Director Mike Pompeo but warned he would call it off if he did not think it would produce results.

Trump told a joint news conference with Japanese Prime Minister Shinzo Abe that his campaign of “maximum pressure” on North Korea would continue until Pyongyang gave up its nuclear weapons.

“If I think that it’s a meeting that is not going to be fruitful, we’re not going to go,” he added. If the meeting when I’m there is not fruitful, I will respectfully leave the meeting.”

 


 

TEEN UNEARTHS BLUETOOTH TREASURE

A medieval treasure trove that belonged to the legendary King Harald Bluetooth — the Danish ruler who inspired the name for Bluetooth technology — was recently unearthed on a German island by a 13-year-old and an amateur archaeologist, according to news sources. After more digging, with help from professional archaeologists, the team uncovered remarkable artifacts, including braided necklaces, pearls, brooches, Thor’s hammer (a representation of a mythical weapon forged by dwarves), rings and up to 600 chipped coins, including more than 100 that date to Bluetooth’s era

Bluetooth is known for bringing Christianity to Demark in the 10th century. He’s also credited with uniting swathes of modern-day Norway, Germany, Sweden and Denmark under his rule. This feat inspired Intel’s Jim Kardach to name the tech service in honor of Bluetooth in 1997, given that “the new technology that would unify communications protocols like King Harald had united Scandinavia,

 


 

And that is all that we have for you for today, we will be back with more unscripted garland fails, Income Tax cautions, state of cashlessness, kings who rule our tech at least in name and more. Thank you for listening and have a super productive day. Good Bye, from Takeapart.in