top 10 news today in English.: headlines and trending

 31/05/2023 todays top news

1. Trend to challenge anti-money laundering law irks SC The apex court on Tuesday deprecated and stopped a concerted attempt by some accused in money laundering cases to challenge the validity of certain provisions of PMLA in order to plead for interim relief of “no coercive step” by the Enforcement Directorate. Petitions Dealing with a batch of petitions by accused in the alleged liquor scam case in Chhattisgarh, a vacation bench of the top court said such petitions challenging the Prevention of Money-Laundering Act (PMLA), and in the process seeking consequential reliefs, amounts to bypassing other available legal remedies. ‘Already decided’ “The court is constrained to observe that despite the Vijay Madanlal judgment there is a trend prevailing in writ petitions filed before this court under Article 32 challenging the constitutional validity of Sections 15 and 63 and other provisions of the PMLA, which has been decided…” it said. Article 32 of the Constitution gives individuals the right to approach the Supreme Court if they feel their fundamental rights have been violated. ED's power On July 27 last year, the Supreme Court had in the ‘Vijay Madanlal Chaudhary vs Union of India' case upheld the ED’s powers to arrest, search and seize property under the PMLA. A rebuke When lawyers representing the accused realised that their pleas challenging validity of PMLA would not earn them the shield from arrest, they sought to withdraw the petitions. But, the vacation bench ensured that they would not come back with the same challenge later. The court said it was the duty of senior advocates to guide the briefing counsel about the fallacy in the approach -- to mount fresh challenges to provisions of a legislation which have been upheld by the SC.

2 .Identify this international airline Clue 1: It became a public limited company after World War II Clue 2: Its first international flight was marked by a Lockheed Constellation airliner in 1948 Clue 3: One of its flights was blown up mid-air in a terrorist attack killing all passengers aboard in 1985

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3. ‘Despite challenges, India to sustain international airline’ India’s growth momentum is likely to continue in 2023-24, RBI said, even as it made a case for pushing structural reforms to deal with the geopolitical developments and also to achieve sustained growth in the medium-term. Risk factors RBI’s annual report flagged slowing global growth, protracted geopolitical tensions and a possible upsurge in financial market volatility as possible downside risks to growth. GDP Amidst strong global headwinds, the Indian economy is expected to have a growth of 7% in real GDP in 2022-23. Surplus govt transfers The size of RBI's balance sheet increased by 2.5% during the financial year to Rs 63.45 trillion from Rs 61.90 trillion in FY22, following which it transferred a surplus of Rs 874.16 billion to the government. Inflation With a stable exchange rate and a normal monsoon -- unless an El Nino event strikes -- the inflation trajectory is expected to move down over 2023-24, with headline inflation edging down to 5.2 % from the average level of 6.7 % recorded last year. Forex gains The central bank's net income rose to Rs 2.35 trillion rupees ($28.4 billion) in the fiscal year 2023, from Rs 1.6 trillion in the previous year on higher forex gains. During the year, RBI saw a gain of Rs 1.03 trillion from foreign exchange transactions, which allowed it to increase the size of its contingency fund, the report showed. Digital transactions In 2022-23, total digital payments recorded a growth of 57.8% and 19.2% in volume and value terms, respectively, on top of growth of 63.8 % and 23.1 %, respectively, in the previous year.

6.2 Magnitude Earthquake Detected Off New Zealand Coast

Agence France-Presse | Wednesday May 31, 2023, Wellington

The US Geological Survey on Wednesday reported a strong 6.2-magnitude earthquake off New Zealand's southern coast, near the mostly uninhabited Auckland Islands.

Seoul Military Releases Photos Of Salvaged N Korea Spy Satellite Debris

Agence France-Presse | Wednesday May 31, 2023, Seoul

South Korea's military released images of part of a North Korean spy satellite that crashed soon after launch Wednesday due to a rocket failure, with Seoul's military finding and salvaging the debris.

Radio Broadcaster Shot Dead Outside His Home In Philippines: Cops

Agence France-Presse | Wednesday May 31, 2023, Philippines

A radio broadcaster was shot dead outside his home in the central Philippines on Wednesday, police said, the latest in a long list of journalists killed in the country.

Japan Says North Korea Missile Launch Violates UN Resolutions

Agence France-Presse | Wednesday May 31, 2023, Tokyo

North Korea's launch of a "ballistic missile" violates UN Security Council resolutions, Japan said Wednesday, after what Pyongyang said was a failed attempt to put a satellite in space.

Report Details How China Launched 'Smear Campaign' Against Dalai Lama

Asian News International | Wednesday May 31, 2023, Lhasa

The Chinese Communist Party (CCP) recently launched a smear campaign on social media against the Dalai Lama, Tibet's spiritual leader, who has lived in exile in India since 1959 when he was forced to flee his homeland.

Canada Issues Evacuation Order After New Wildfire, Potential Ammonia Leak

Reuters | Wednesday May 31, 2023, Canada

Canadian emergency officials issued a mandatory evacuation order for parts of Bedford, Nova Scotia, after authorities noted a new wildfire and the potential for an ammonia leak in the area, CBC News reported on Tuesday.

North Korea Says Its Spy Satellite "Crashed Into Sea"

Agence France-Presse | Wednesday May 31, 2023, Seoul

North Korea said it had launched a military reconnaissance satellite early Wednesday but that it crashed into the sea, state media reported.

Evacuation Alerts Cause Panic In Seoul After N Korea Spy Satellite Launch

Reuters | Wednesday May 31, 2023, Seoul

Wailing air raid sirens and cell phone alerts calling for rare evacuations rattled residents of the South Korean capital, Seoul, early on Wednesday after North Korea launched what it said was a satellite.

Woman Who Accused Biden Of Assault Asks For Russian Citizenship

Agence France-Presse | Wednesday May 31, 2023, Washington

A woman who accused Joe Biden during the 2020 presidential race of sexual assault appeared Tuesday in Moscow, where she said she was asking President Vladimir Putin for Russian citizenship.

"Acute Food Insecurity In Pak Likely To Rise In Coming Months": Report

Asian News International | Wednesday May 31, 2023, Islamabad

Acute food insecurity in Pakistan is likely to rise in the next months if the country's economic and political turmoil intensifies, aggravating the consequences of the 2022 floods, according to a new United Nations report released on Monday, Dawn rep

Japan Issues Brief Missile Alert As North Korea Fires Space Launch Vehicle

Agence France-Presse | Wednesday May 31, 2023, Tokyo

Japan briefly activated its missile alert warning system for the Okinawa region on Wednesday morning after South Korea's military said North Korea had launched what it called a "space launch vehicle".

North Korea Fires 'Space Launch Vehicle' Amid Tensions, South Korea Says

Agence France-Presse | Wednesday May 31, 2023, Seoul

North Korea has fired what it claims is a "space launch vehicle", the South's military said early Wednesday, prompting city officials in Seoul to issue a warning to citizens to prepare to evacuate.

NATO Upbeat On Sweden Bid As US Urges Turkey To Say Yes

Agence France-Presse | Wednesday May 31, 2023, Oslo, Norway |

NATO's chief voiced guarded optimism Tuesday on welcoming Sweden to the alliance as the United States pressed holdout Turkey to drop its objections, two days after President Tayyip Recep Erdogan won re-election.

Watch: Chinese Jet Carries Out "Aggressive Maneuver" Near US Spy Plane Over South China Sea

Reuters | Wednesday May 31, 2023, Washington

A Chinese fighter jet carried out an "unnecessarily aggressive" maneuver near a U.S. military plane over the South China Sea in international airspace, the United States said on Tuesday.

UN Nuclear Watchdog Asks Russia, Ukraine To Protect Zaporizhzhia Plant

Reuters | Wednesday May 31, 2023, Washington

UN International Atomic Energy Agency (IAEA) chief Rafael Grossi asked Ukraine and Russia to respect five principles to safeguard Ukraine's Zaporizhzhia nuclear power plant, suggesting he had not secured their agreement on protecting the facility.