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Daily NEWS Summary | 23-11-2021

The government is likely to introduce a cryptocurrency bill during the winter session of Parliament.

Daily NEWS Summary | 23-11-2021; The central government is likely to introduce a cryptocurrency bill during the winter session of Parliament that begins Nov. 29, when these currencies are said to be used to lure investors with misleading claims and to finance terrorist activities, reported PTI.

Currently, there are no specific regulations or prohibitions on the use of cryptocurrencies in the country. Against this backdrop, Prime Minister Narendra Modi held a cryptocurrency meeting with senior officials and it appears that strong regulatory steps could be taken to address the issue.

Sources said the bill would focus on investor protection, as cryptocurrencies fall under a complex asset class category. Once approved by the Union Cabinet, the government plans to introduce the cryptocurrency bill in the first week of the winter session.

In August, Finance Minister Nirmala Sitharaman said that she was awaiting cabinet approval on the cryptocurrency bill. The government and the Reserve Bank of India (RBI) have raised concerns about cryptocurrencies in recent months. The three-week winter session is scheduled for November 29 – December 23.

On Monday, the Parliamentary Standing Committee on Finance discussed the pros and cons of cryptocurrencies with various stakeholders, with several members in favor of regulating cryptocurrency exchanges rather than a total ban on cryptocurrency exchanges.

At the meeting called by the Prime Minister, it was strongly felt that attempts to mislead young people through overly promising and non-transparent cryptocurrency advertisements should be stopped. An inter-ministerial panel on cryptocurrencies chaired by the Secretary (Economic Affairs) recommended that all currencies be banned except those issued by the state.

Supreme Court denies Trinamool’s request to postpone Tripura municipal elections

Daily NEWS Summary | 23-11-2021; The Supreme Court rejected a request from the Trinamool Congress to postpone municipal elections in Tripura, saying such a move was an “extreme last resort.”

A bench of D.Y. Chandrachud and Vikram Nath, however, asked the Tripura Police Director General and the Inspector General (Law and Order) to meet with the State Elections Commission on November 24 to assess the number of CRPFs needed to “ensure good “peaceful operation. elections “. Then the officers must requisition the CRPF or the Interior Ministry forces for civic body elections is scheduled for November 25.

The court said that although “we are not inclined to agree to the prayer for the postponement of the elections,” it would be the duty of the DGP, the IGP and the Minister of the Interior to clear up any doubts about the fairness of the electoral process in Tripura.

Noting that state law enforcement agencies must act “in an impartial and impartial manner,” the court warned the DGP to strictly abide by the court’s instructions to avoid having to take “coercive measures.” The court ordered the state to provide a table of complaints filed, FIR records, actions taken, arrests made, to be presented with an affidavit of compliance on November 25, the day after the case hearing.

Jayalalithaa dies, treatment must be investigated in “eminent public interest”

Daily NEWS Summary | 23-11-2021; Tamil Nadu government before the Supreme Court described the former chief minister of Tamil Nadu, Jayalalithaa, as “possibly one of the greatest rulers” of the state with a 75-day salary and, ultimately, death in the Chennai’s Apollo hospitals should be investigated in “the eminent public interest”.

Appearing before a courtroom of Justices S. Abdul Nazeer and Krishna Murari, the state’s lead attorney, Dushyant Dave, said that “all the government wants is an investigation.”

The state reported a series of events “that evidenced the seriousness of his death.” “His property was raided in a few days. There they assassinated a guard. Someone else’s wife and daughter died. A third person who took over the computer died … This all shows the seriousness of his death, ”Dave commented.

He said the investigation into these cases was ongoing. The state was responding to a petition presented by Apollo Hospitals alleging bias by the government-appointed commission of inquiry under Judge A. Arumughaswamy into the death of the former chief minister.

During the hearing, the court asked if the Commission can be reconstituted. To this, Dave referred to Supreme Court precedents that the Executive, once it has established a Commission of Inquiry, cannot interfere with its functioning or usurp its powers. He said the Commission was only an “investigative body”. Its report would be of a purely advisory nature. “No harm would be done to anyone,” he said.

The proceedings before the Commission were stayed by the Supreme Court in April 2019 on the basis of an allegation by the Apollo Hospitals that the functioning of the Investigation Committee was “riddled with prejudice”. Apollo Hospitals argued that the Commission, instead of conducting an impartial investigation, presented an allegation alleging “criminal intent” on the part of the hospital and its doctors.

Complaint filed against the director and producers of Jai Bhim, with Suriya, in the court of Chidambaram

Daily NEWS Summary | 23-11-2021; The president of Vanniyar Sangam, Pu. Tha. Arulmozhi filed a private complaint on Tuesday with Judicial Magistrate II of Chidambaram against the producers and directors of the acclaimed film Jai Bhim and Amazon.in, which premiered the film on its OTT platform.

The complaint accused 2D Entertainment Private Limited, producers Suriya and Jyothika, director T.J. Gnanavel and Amazon.in of distorting the facts and portraying the Vanniyar community in a bad light in the film, in an attempt to create community discord.

Arulmozhi claimed that the filmmakers “senseless, intentionally and deliberately” portrayed the character of the Deputy Police Inspector, who is guilty of committing the death in custody in the film, as belonging to the Vanniyar community. “The symbolic representations in various sequences of the film Jai Bhim are in themselves a defamatory and intentional act and are intended to further defame and discredit the community,” the complaint alleges.

Arulmozhi claimed that writer Kanmani Gunasekaran, who helped provide local language words for the film, said the events were suppressed and the Vanniyar community was vilified. Gunasekaran had donated his compensation of 50,000 to producers 2D Entertainment Private Limited.

The petition called for a direction to take action against Suriya, Jyothika, Gnanavel and Amazon under various sections of the Indian Penal Code, including 153 A (which encourages enmity between different groups on the grounds of religion, race, place of birth, residence, language, etc., and the performance of acts prejudicial to the maintenance of harmony) and Articles 499, 500, 503, 504 and 505.

Covid Updates: The number of coronavirus cases reported in India was 3,45 27,263 at the time of this report, with a death toll of 4,66,159.

Meanwhile, in Europe, Slovak leaders have proposed a nationwide shutdown as hospitals across the country hit their limits amid a record rise in coronavirus infections. Inspired by neighboring Austria, the Slovak government is ready to discuss containment for all, vaccinated and unvaccinated, during its session on Wednesday. Prime Minister Eduard Heger said action was needed “immediately”. Its quadripartite coalition government was considering a two or three week lockdown. Slovakia reported 9,171 new cases of the virus on Friday, breaking the previous record of 8,342 set days earlier. At 45.3%, Slovakia’s vaccination rate is one of the lowest in the EU, well below the 27-country average of 65.5%.

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Daily NEWS Summary | 23-11-2021
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Daily NEWS Summary | 23-11-2021
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Daily NEWS Summary for the purpose of current affair section preparation, helpful indeed for competitive examination aspirants.
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