The Morning Wrap: Federal Reserve Hikes Interest Rates In Nearly A Decade; 'Bhakts Without Borders' Gets Grammy Nomination

17/12/2015 9:00 AM IST | Updated 15/07/2016 8:25 AM IST
Joshua Lott via Getty Images
CHICAGO, IL - DECEMBER 16 : Traders in the Standard & Poor's 500 stock index options pit at the Chicago Board Options Exchange (CBOE) react to the Federal Reserves interest rate hike December 16, 2015 in Chicago, Illinois. The Federal Reserves raised the interest rates for the first time since 2006 by 0.25 percentage points. (Photo by Joshua Lott/Getty Images)

The Morning Wrap is HuffPost India's selection of interesting news and opinion from the day's newspapers. Subscribe here to receive it in your inbox each weekday morning.

Essential HuffPost

Read how experts, locals were in the dark as a massive new atomic city rose In India. Tribal lands were taken for a top-secret atomic city, known as Challakere in Karnataka, where centrifuges will spin uranium capable of being used in powerful bombs. This is part 3 of a special investigative series published in collaboration with the Center for Public Integrity.

The National Human Rights Commission has taken suo motu cognizance of a report from the Centre for Public Integrity, published on Monday by The Huffington Post. The report, part of a four-part investigative series authored by the journalist Adrian Levy, detailed how India’s nuclear industry has created a 'river of death' in Jadugoda district's Subarnarekha River in Jharkhand.

All things considered, the Mumbai-Ahmedabad bullet train is still a good idea.

The upcoming sequel of X-Men that releases next year has upset a US-based Hindu statesman with its comparison of the villain to Krishna.

Main News

In a big push to prioritise combating air pollution in Delhi, the Supreme Court on Wednesday ordered a slew of measures including a ban on registration of diesel-run sport utility vehicles (SUV) and cars with 2000 cc engines in the capital and the National Capital Region till 31 March, 2016.

Upping the ante against the central government on Wednesday, Chief Minister Arvind Kejriwal claimed that the Central Bureau of Investigation had seized documents from the Delhi Secretariat, which had nothing do with allegations of corruption against a senior bureaucrat in his office. He claimed that the entire exercise was to whisk away files which could prove financial irregularities in the Delhi & District Cricket Association (DDCA) when it was headed by Finance Minister Arun Jaitely.

The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signalling faith that the US economy had largely overcome the wounds of the 2007-2009 financial crisis.

In a relief to Nestle India, the Supreme Court on Thursday stayed class suit proceedings initiated against it by the Centre before the National Consumer Disputes Redressal Commission (NCDRC) over the Maggi noodles controversy.

Off The Front Page

'Bhakts without borders', an album of bhajans, has been nominated for the 58th Grammy Awards, to be held in Los Angeles next year on 15 February.

Maharashtra government on Wednesday 'justified' the beef ban in the state high court, says eating a particular food is not a fundamental right.

Lalu, a Doberman and a sniffer dog beat a debilitating disease to win silver for Karnataka.

Frustrated after not receiving his scholarship money for three years, a 22-year-old student messaged the Bihar deputy chief minister on Facebook — only to have the money credited to his bank account in lightning speed.


The India-Japan rail diplomacy is a setback for China’s One Belt, One Road initiative, writes Tien Sze Fang in The Indian Express: "The Indo-Japanese rail agreement is widely seen as a blow to China’s “high-speed rail diplomacy”. However, it is premature to conclude that China is out of the game."

Rising crimes by juveniles can’t be fixed with legal solutions alone, according to a Hindustan Times editorial: "The problem will not go away if we only look at legal solutions and not try to address the social and economic backgrounds that such juveniles come from. A study of the family income of the juveniles apprehended in 2014 showed that around 55.6% came from households with an annual earning of less that Rs 25,000."

MV Ramana and Suvrat Raju in The Hindu write about the "strange love" for nuclear energy: "The prospect of a nuclear deal with Japan is worrying because it ignores voices on the ground and takes India a step closer to the construction of untested and expensive reactors."

It is good to see Indian intellectuals retain their 'moral voice', writes Prabhat Patnaik in The Telegraph: "The need for a moral voice - even of an individual if not a group - in the prevailing circumstances was emphasized for me by the renowned economist, Joan Robinson... The protest by the intelligentsia is its own vindication."

Like Us On Facebook |
Follow Us On Twitter |
Contact HuffPost India

More On This Topic