People of Indian Origin Chamber of Commerce and Industry (PIOCCI)

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PIOCCI Newsletter

Thursday, 6th August 2020

  1. PM Modi remembers Sushma Swaraj on her death anniversary
    Prime Minister Narendra Modi remembered senior BJP leader and former Union minister Sushma Swaraj on her first death anniversary on Thursday, saying she served India selflessly and was an articulate voice for the country at the world stage. Former external affairs minister Swaraj died of cardiac arrest last year at the age of 67. Hours before she died, Swaraj had tweeted praising the decision of the Modi government to abrogate Article 370, which gave special status to Jammu and Kashmir.
    Hindustan Times, , Thursday, 6th August 2020, 9:11 am
  2. PM Modi condoles loss of life in Ahmedabad fire
    Prime Minister Narendra Modi on Thursday expressed condolences over the death of eight people who died in the fire which broke out at Shrey Hospital in Ahmedabad, Gujarat today morning.
    ANI, Times of India, , Thursday, 6th August 2020, 6:04 am
  3. Manoj Sinha appointed as new lieutenant governor of Jammu and Kashmir
    President Ram Nath Kovind on Thursday appointed former Union minister Manoj Sinha as the next Lieutenant Governor of Jammu and Kashmir. He will replace Girish Chandra Murmu who resigned on Wednesday. In a release confirming this same, the President house said, “The President has been pleased to appoint Shri Manoj Sinha, to be the Lieutenant Governor of Jammu and Kashmir with effect from the date he assumes charge of his office vice Shri Girish Chandra Murmu.”
    hindustantimes.com, Hindustan Times, , Thursday, 6th August 2020, 2:34 am
  4. Temple to give us confidence to be Atmanirbhar: Mohan Bhagwat
    Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat said on Wednesday that the foundation-laying ceremony for the construction of the Ram temple in Ayodhya will give the country the confidence to become atmanirbhar (self-reliant).
    ET Bureau, Economic Times, , Thursday, 6th August 2020, 5:58 am
  5. HC notices to Centre, J&K on 100% job quota for domiciles
    The J&K HC on Tuesday issued notices to the Centre and the Union Territory administration on a petition challenging the legal validity of 100% reservation of government jobs for permanent residents, including those who have recently acquired domicile certificates.
    TNN, Times of India, , Thursday, 6th August 2020, 6:19 am
  6. Sebi chief Ajay Tyagi gets an extension
    The finance ministry on Wednesday extended Ajay Tyagi’s tenure as the chairman of Securities and Exchange Board of India (Sebi) by 18 months, opting for continuity amid an uncertain economic environment.
    Jayshree P. Upadhyay, Mint, , Thursday, 6th August 2020, 6:18 am
  7. India needs to look beyond what rating agencies think, says ex-RBI governor Raghuram Rajan
    Former Reserve Bank of India governor Raghuram Rajan said on Thursday that overly focusing on what sovereign rating agencies think can take one’s eyes off what needs to be done for the economy. “It is also important to convince both domestic and international investors that after the crisis associated with the pandemic is over, we will return to fiscal responsibility over the medium term, and the government should do more to convince them of that,” Rajan told the Global Markets Forum.
    Reuters, Hindustan Times, , Thursday, 6th August 2020, 9:13 am
  8. Repo rate unchanged at 4%, surge in Covid-19 subdued early signs of revival: RBI governor Shaktikanta Das
    The Reserve Bank of India (RBI) on Thursday left the repo rate unchanged at four per cent after the meeting of its six-member Monetary Policy Committee (MPC). The reverse repo rate was also kept unchanged at 3.3 per cent, RBI governor Shakti Kanta Das said at a press conference. “The renewed surge of Covid-19 infection in major economies in July has subdued early signs of revival that had appeared in May and June,” Das said.
    hindustantimes.com, Hindustan Times, , Thursday, 6th August 2020, 9:15 am
  9. India records its highest single-day recoveries
    Even as Covid-19 cases continue to increase, India recorded 51,706 recoveries, the highest in a day so far. With this the overall recovery rate has improved to 67.19%. The total active cases in the country is now nearing 6 lakh, which is less than a third of the total Covid-19 burden in the country. In the last 24 hours, 52,509 fresh cases were reported.
    TNN, Times of India, , Thursday, 6th August 2020, 6:02 am
  10. Indian-origin scientists find novel way to treat severe Covid-19
    A team of Indian-origin researchers has found that patients experiencing severe Covid-19 symptoms had improved outcomes when administered an Interleukin-6 (IL6ri) inhibitor, sarilumab or tocilizumab used in treating autoimmune diseases like rheumatoid arthritis (RA) and other several inflammatory conditions.
    IANS, Times of India, , Thursday, 6th August 2020, 12:12 am
  11. Migrants return in strength as J&K gets back to business
    Jammu & Kashmir, which had seen outbound movement of 40,000 non-Kashmiri migrant workers starting May 19 on account of the Covid-19 crisis, has reported reverse migration of around 25,000 labourers in recent weeks.
    TNN, Times of India, , Thursday, 6th August 2020, 12:24 am
  12. Greenland Ice Sheet: Indian-origin scientist to lead drilling project to understand ice sheet bedrock
    An Indian-origin scientist is all set to lead the project on Greenland Ice Sheet! The rapidly melting Greenland Ice Sheet due to climate change has left the scientists worried, since the sheet has enough ice to increase the water levels by nearly 24 feet. Even a few feet of rise in the water levels is enough to threaten the cities and regions lying on coastal areas. To understand the formation and past of the ice sheet in depth, researchers from Pennsylvania State University, University at Buffalo, University of Massachusetts and Columbia University have come up with a new project to drill through the ice.
    Bulbul Dhawan, Financial Express, , Thursday, 6th August 2020, 7:05 am
  13. Indian-Americans celebrate Ram Temple foundation stone laying ceremony
    Indian-Americans across the US celebrated the foundation stone laying ceremony of the historic Ram Temple in the holy city of Ayodhya by lighting diyas and taking around a tableau truck displaying digital images of the Ram Temple around the US Capitol Hill.
    PTI, Times of India, , Thursday, 6th August 2020, 9:27 am
  14. How immigrant businessman-turned-politician Shri Thanedar turned a gubernatorial loss into a Michigan House win
    Multimillionaire Indian-American businessman Shri Thanedar may have lost the 2018 race for governor, coming in third behind Gov. Gretchen Whitmer and Abdul El-Sayed, but he did carve out a somewhat surprising victory: he wound up getting more votes than Whitmer in Detroit. So Thanedar decided to dust himself off and try again, putting his opulent Ann Arbor mansion up for sale and moving to Detroit's Palmer Woods neighborhood, and launched a campaign for the Michigan State House in District 3.
    Lee DeVito, Detroit Metro Times, , Thursday, 6th August 2020, 9:22 am
  15. Tipirneni wins race to take on Schweikert; House incumbents on track to win primaries
    Hiral Tipirneni won the Democratic primary in the Scottsdale-based 6th Congressional District on Tuesday, clinching perhaps the state’s most compelling House race this year against Republican Rep. David Schweikert. With Tipirneni’s win, Democrats now send one of the best-funded challengers in the nation against one of the House’s worst-funded incumbents.
    azcentral.com, , Thursday, 6th August 2020, 9:25 am
  16. Mayor appoints Indian American Physician Health Commissioner of New York City
    Dave Chokshi, an Indian American physician, has been appointed New York City's health commissioner to lead the next phase of the city's fight against the Covid-19 pandemic. Making the appointment, Mayor Bill de Blasio said Aug. 4 that Chokshi was a "leader and a visionary" who was "ready to fight this fight" against the pandemic as city girds itself against the risk of a second flare up and the oncoming flu season.
    IANS, India West, , Thursday, 6th August 2020, 12:39 am
  17. Texas scientist and mother of two killed during her regular morning run
    A 43-year-old scientist and mother of two was found dead near a creek in Plano, Texas, on Saturday morning after going out for her regular morning run, police said. Sarmistha Sen had gotten up early for a run and at some point in time came across her attacker, according to Plano Police Department public information officer David Tilley. Less than two hours later, a witness saw what she believed was a body about 20 to 25 feet below near the creek. Police were called to the scene and discovered Sen's body.
    Jennifer Henderson and Eric Levenson, CNN, , Thursday, 6th August 2020, 9:35 am
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