The big news: 16 hostages rescued after militant attack at Nagrota, and nine other top stories
In other headlines, Morgan Stanley steeply marked down Flipkart’s valuation, and 75 were killed when a plane carrying the Brazilian football team crashed.
A look at the headlines right now:
- Army rescues 16 hostages, begins combing operation after militant attack at Nagrota base: Three militant attacks on military camps since January raise concerns about security arrangement at military bases.
- Morgan Stanley lowers Flipkart valuation by 38% to $5.54 billion, fourth cut in nine months: Flipkart’s current valuation after the latest markdown stands at $5.54 billion – the lowest since September 2014.
- 75 passengers dead as plane carrying Brazilian football team crashes in Colombia: Six passengers were rescued alive, including three members of the team.
- Kerala’s Sree Padmanabhaswamy temple eases dress code for women to salwar kameez from sari: A woman had moved the high court against the temple’s policy.
- Supreme Court questions Centre on delay in ad hoc appointments of retired judges to high courts: A bench led by Chief Justice TS Thakur also sought to know details of government funds allotted for improving judicial infrastructure in the country.
- Islamic State claims jihadist ‘soldier’ behind Ohio State University attack: The terrorist group said the incident was carried out in response to its ‘calls to target citizens’.
- BJP wins 109 of 126 seats in Gujarat municipal and panchayat polls: Prime Minister Narendra Modi congratulated party workers and thanked his voters for reinforcing their trust in the party.
- Women enter Haji Ali dargah after five years: On October 24, the shrine’s administration had told the Supreme Court that it would lift the ban on women’s entry into the inner sanctum in a month.
- Lok Sabha passes amendments to taxation law with stricter rules on undisclosed wealth: Now, people can come clean on black money by paying 30% tax, 10% penalty and 33% surcharge on their unaccounted for money.
- Submit details of bank transactions between November 8 and December 31, Modi tells BJP legislators: The prime minister was addressing the party’s parliamentary board on Tuesday.