US-South Korea joint drills may bring catastrophe to region, says Pyongyang

NKorea, Trump trade nuclear barbs

The drills, lasting 12 days, seek to coordinate a response to a possible invasion by North Korea



LATEST NEWS :  North Korea on Friday warned that the controversial joint military exercises of South Korea   and the US, which are scheduled to start next week, could bring a catastrophe to the security in the region.


The annual Ulchi Freedom Guardian exercises, which will start on August 21, would “further drive the situation on the Korean Peninsula into a catastrophe”, according to a brief statement released by the North Korean state agency KCNA.



Every year in August, the South Korean and US forces jointly hold military exercises which include the world’s largest computer-simulated war games and involve several thousand troops from both countries, reports Efe news.


The exercises, which last 12 days, seek to coordinate a response to a possible invasion by North Korea.


Despite the defensive nature of the maneuvers, North Korea still criticises the operation every year and considers them as preparations for an attack of Pyongyang.


The statement came after a heated exchange of threats with Washington earlier last week.


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ASUS launches ZenFone Zoom S with dual rear cameras at Rs 26,999

ASUS ZenFone Zoom S (Photo: Twitter)

This phone is especially for photography lovers


LATEST NEWS :  Taiwanese electronics giant ASUS on Thursday launched its new ‘ZenFone Zoom S’ smartphone with a dual-camera for photography lovers for Rs 26,999.


The 5.5-inch device, available on Flipkart, comes with a 2.3X optical and 12 X digital zoom and 12MP dual camera setup on the rear and a 13MP front camera.



“On the onset of ‘World Photography Day’, ASUS India wishes to rejuvenate the passion and commitment of photography enthusiast by launching ‘ZenFone Zoom S’,” said Peter Chang, Regional Head, South Asia and Country Head, System Business Group-ASUS India, in a statement.


With a high-capacity 5000mAh battery onboard, the phone can last up to two days on a single charge, the company claimed.


Powered by Qualcomm Snapdragon 625, ‘ZenFone Zoom S’ comes with 4GB RAM and 64GB internal storage.


The ‘ZenFone Zoom S’ features ‘ASUS SuperPixel Camera’ for low-light photography.


The device has an improved ASUS ‘TriTech’ autofocus system with new ‘Dual Pixel PDAF’ technology as one of its three focusing technologies along with the second-generation laser autofocus and subject tracking autofocus.


ASUS ‘TriTech’ automatically chooses the best technology to use depending on the subject, and achieves focus in an amazingly fast 0.03 seconds.

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10-year-old Chandigarh rape victim delivers baby after SC denies abortion


Mother and child were stable, adding newborn was in intensive care as it was underweight: Hospital


LATEST NEWS   :   A 10-year-old girl, who was raped by her uncle repeatedly, delivered a girl child in a government hospital here on Thursday, hospital officials said.


The mother and child were stable, hospital sources said, adding the newborn was in intensive care as it was underweight.



The rape victim was admitted to the Government Medical College and Hospital in Sector 32 for the past two days as a team of doctors monitored her health.


The delivery took place through Cesarean surgery.


The Supreme Court had last month refused to allow the rape victim to undergo an abortion due to grave risk to her life.


A division bench of Chief Justice J.S. Khehar and Justice D.Y. Chandrachud turned down the plea after the report of a medical board, set up by Chandigarh’s Postgraduate Institute of Medical Education and Research (PGIMER) on the court’s orders to examine the pregnant child, warned that an abortion would risk the girl’s life.

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Just 10 days left to file GST return: A step-by-step guide to do it

GST, Goods and services tax, GST regime, GST rollout, indirect tax, tax

Last date of filing GSTR-3B for July 2017 is August 20 and for the month of August is September 20


Latest news :  Businesses can start filing their first tax return under the new Goods and Services Tax (GST) regime as the GST Network has started the facility for return filing and paying taxes on its portal.


The GST returns for July and August will be filed on the Goods and Services Tax Network (GSTN) portal by filling up GSTR 3B form in which the taxpayer needs to provide consolidated details of outward supplies and input credit.


The taxpayer has to file a summary of self-assessed liabilities, input tax credit (ITC) and details of tax payment. The last date of the filing the GSTR-3B for July 2017 is August 20, 2017, and the same for the month of August 2017 is September 20.



Here is the process of uploading invoices on GSTN:


1.Type and log into the GST portal with valid credentials.


  1. After doing so, go to perform the following steps by clicking on: Services > Returns > Returns Dashboard command.



  1. After the File Returns page, select the financial year and the return filing period (month) for which you want to file the return and click on Search.



  1. The File Returns page will appear. This page displays the due date of filing the returns, which the taxpayer is required to file using separate tiles. In the GSTR-3B tile, click the ‘prepare online’ button.

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Gorakhpur tragedy: Cure hidden in Swachh Bharat Mission, says CM Yogi

Gorakhpur tragedy: Cure hidden in Swachh Bharat Mission, says CM Yogi

Nearly 70 children have died at the BRD Medical College in Gorakhpur since August 7



LATEST NEWS  :    Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday stressed the importance of the Swachch Bharat Mission in the eradication of diseases such as encephalitis, which claim the lives of hundreds of children every year.


He regretted that children were dying even 70 years after India’s Independence.



“The cure of diseases such as encephalitis is hidden in the Swachch Bharat Mission. I been saying this repeatedly as I represent eastern UP,” he said after unfurling the national flag on the occasion of Independence Day.


In the last three decades, Japanese Encephalitis and Acute Encephalitis Syndrome have claimed over 50,000 lives in eastern Uttar Pradesh, mostly in the Gorakhpur district.


Adityanath said in his first Independence Day speech as the chief minister that a large numbers of people, including children, died of diseases such as encephalitis, chikanguniya, kala azar, swine flu and other vector borne diseases.


Nearly 70 children have died at the BRD Medical College in Gorakhpur since August 7. Many of the deaths were alleged to have been caused by shortage of oxygen, a claim dismissed by the state government.


The CM said a resolve has been taken to celebrate I-Day as ‘sankalp diwas’ to establish India as a super power and free the country of terrorism, naxalism and anarchy.


“We will have to take that resolve collectively in Uttar Pradesh also as the road to development of the country passes through the state,” the chief minister said.


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In a war over Doklam, why China will likely be the eventual loser

Doklam: The word from Ground Zero

An idecisive war will puncture China’s unbending and all-accomplishing image so assiduously built up


LATEST NEWS  :  On June 16, it became public information that Indian troops had entered the Doklam region near the Chumbi Valley tri-junction area wedged between Bhutan, India and Tibet/China, and stopped a Chinese People’s Liberation Army (PLA) construction crew from completing the hard-surfacing of an earlier dirt track. The Doklam plateau is one of the disputed territories between Bhutan and China. It is closely opposite Sikkim and slightly north of the narrow Siliguri corridor connecting the mainland territory of India to its seven northeastern states and region.


Bhutan and China do not have formal diplomatic relations. Despite that, the two states have held a number of meetings to resolve their boundary differences inclusive of the Doklam area, without any resolution so far. Separately, framework agreements between India and China lay down that no unilateral changes to the territorial status quo in their disputed boundary areas will be undertaken by any party – in this instance, inclusive of Bhutan – pending a final, mutually-acceptable delineation. Independently, there is a longstanding agreement between Bhutan and India allocating to and allowing India to provide security to Bhutan.

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Sahara’s Aamby Valley up for auction at reserve price of Rs 37,392 cr

Aamby Valley, Sahara

The Bombay High Court on Monday put up the beleaguered Sahara Groups Aamby Valley for auction



LATEST NEWS :  In a major setback to the Subrata Roy-owned Sahara Group, the Bombay High Court on Monday put up its prestigious Aamby Valley property in Maharashtra for a public auction.



The Official Liquidator (OL) for the Aamby Valley City in Lonavala has put up a reserve price of Rs 37,392 crore, as part of efforts to partially recover the pending dues to various lenders.


The development came three days after the Supreme Court declined to entertain the Sahara Group’s plea to postpone auction of the prime hill station property nestled in the lush green Western Ghats in Pune district.


Bombay High Court OL Vinod Sharma issued notices in prominent media on Monday for the public auction of “sale/lease” on an “as-is-where-is-whatever-there is’ of the Aamby Valley City, around 90 km from here.


In view of the huge quantum of properties to be disposed, the auction would be conducted in two phases spread over two days, the OL said.


The property comprises an integrated hill-city township called Aamby Valley City Development, which was the first of its kind Megalopolis, spread over 6,761.64 acres, land measuring 1,409.87 acres surrounding this project and another 321.66 acres within adjoining Satara district.


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Sun Pharma posts net loss of Rs 425 cr in Q1 on one-off charge

sun pharma


US sales drop 42%; Rs 950-cr charge related to settlement of antitrust case in US



LATEST NEWS   :    Drug major Sun Pharmaceutical on Friday reported a consolidated net loss of Rs 425 crore for the quarter ended June 30, mainly due to one-time exceptional item.


The company had posted a net profit after taxes, share of profit/loss of associates, joint ventures and non-controlling interests of Rs 2,033.71 crore for the same period a year ago, Sun Pharmaceutical Industries said in a filing to the BSE.


Consolidated total revenue from operations of the company stood at Rs 6,208.79 crore for the quarter under consideration as against Rs 8,256.26 crore for the corresponding period of the previous fiscal, it added.



The company and one of its wholly owned subsidiaries entered into settlements with certain plaintiffs in respect of an antitrust litigation relating to Modafinil in the month of July 2017, whereby the company agreed to pay an aggregate amount of $147 million, Sun Pharma said.


“Since this event relates to the conditions that existed at the end of the reporting period, the corresponding Indian rupee liability at Rs 950.50 crore has been provided in the consolidated unaudited financial results and disclosed as an exceptional item,” it added.


Shares of Sun Pharmaceutical Industries today closed at Rs 451.30 per scrip on the BSE, down 1.92 per cent from the previous clsoe.


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