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7 must reads: Wife apologises on behalf of Tapas Pal for rape comments; Best quarter for BSE Sensex in 5 years, and more

Tuesday, 1 July 2014 - 10:06am IST | Agency: dna webdesk

#1 Even as wife apologises on behalf of Tapas Pal, Trinamool Congress seeks explanation over rape comments
Trinamool Congress tonight demanded an explanation in writing from the party's actor-MP Tapas Pal within 48 hours for allegedly threatening to kill opposition CPI(M) workers and have their women raped if a single ruling party worker was attacked in West Bengal. "Tapas Pal will need to provide a written explanation to the party within 48 hours," party spokesperson Derek O Brien said in a statement late tonight. Read more 

#2 Prime Minister Narendra Modi's gift idea for SAARC – satellite by Isro
Prime Minister Narendra Modi on Monday called upon the Indian Space Research Organisation (Isro) to develop a South Asian Association of Regional Corporation (SAARC) satellite. Addressing space scientists and engineers at the Satish Dhawan Space Center in Sriharikota after witnessing the successful launch of the Polar Satellite Launch Vehicle (PSLV-C23) in the morning, Modi asked the space community to take up the challenge of developing a SAARC satellite that can be dedicated to our neighbourhood as a gift from India. Read more 

#3 Railway budget: Commuter hopes build up around poll sops
Mumbai's harried commuters and authorities overseeing the over-saturated system are hoping this railway budget, to be tabled in Parliament on July 8, would have something to cheer for poll-bound Maharashtra, Mumbai in particular. With almost all projects having ground to a halt due to dearth of cash as well as lack of coordination between the state and railway authorities, Mumbaikars are praying the budget would rejuvenate the sector and provide relief to commuters. dna takes a look at some of the projects, which a majority of officials believe will once again kick start the railways. Read more 

#4 Best quarter for BSE Sensex in 5 years
The Bombay Stock Exchange Sensitive Index (BSE Sensex) on Monday registered its highest gain in 19 quarters as it closed 1.25% at 25,413.78. The NSE Nifty closed 1.37% up at 7,611.35. During the April-June quarter, the Sensex gained 3027.51 points and the Nifty appreciated 907 points, both up 13.5%. Investor wealth (market capitalisation) grew by Rs 16 lakh crore to Rs 90.20 lakh crore. Read more 

#5 Rainless June and April hailstorm to send onion prices skyrocketing
According to data released by the Agriculture Produce Market Committee (APMC) at Vashi, the supply of onions has been steadily going down. In the past, the wholesale market used to receive 80 truckloads a day; but now their number has dropped to 60. Each truck carries 12 tonnes on average. But, not only has the supply come down but the quality of the onion is also bad. At least 20 per cent of the supply is non-usable and is declared as waste during sorting. "Really speaking only 50% is of usable quality which can be stored for more than a week. Thus, the shortage is huge," director of APMC, Ashok Walunje told dna on Monday. The Vashi APMC market is the vegetable and fruit selling hub and is the main source for supply to Mumbai city and suburbs. Read more

#6 FIFA World Cup 2014: Disjointed Germany rely on fitness, brilliant Manuel Neuer for 2-1 win over Algeria
Germany have only their superior fitness and world-class goalkeeper Manuel Neuer to thank for scraping past Algeria 2-1 in extra time to move into the World Cup quarter-finals after doing almost everything wrong over 90 minutes. Coach Joachim Loew will no doubt be skipping any post-game celebrations as he rushes back to the drawing board to reshuffle his team ahead of their match against France if they are to confirm their status as genuine title contenders. His experiment of playing with two centre backs as his full backs failed to reap any benefits, instead making his team slower against the Algerians, who pressed high from the start. Read more 

#7 Latest on Iraq crisis: Pay $500 if you want to leave Iraq, firm tells 4 Indians; Lone Iraqi youth Indian nurses' sole contact to outside world
Several Indian nationals are currently stranded in Iraq, where the jihadist militant group the Islamic State of Iraq and the Levant​ (ISIL, or ISIS) is making rapid strides as it advances towards the capital, Baghdad. The Indian government is concentrating all its efforts in order to ensure the safe return of all its other citizens from the war-torn country. Read more

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