Thailand's popular Tiger Temple to shut down soon

June 1, 2016

Bangkok, Jun 1: Thailand may close down its famed Tiger Temple, popular among Indian and foreign tourists, as wildlife officials have started relocating its 137 tigers, mostly Bengal tigers, amid allegations of illegal trafficking and animal mistreatment by temple authorities.

tiger

In the first batch, more than 100 tigers will be taken away from Wat Pa Luangta Bua Yannasampanno, popularly known as the Tiger Temple, said the Department of National Parks, Wildlife and Plant Conservation.

The popular Buddist temple at Kanchanaburi, 140 kilometres from Bangkok, where visitors can pet and take selfies with tigers, started keeping and breeding tigers 15 years ago and has promoted itself as a spiritual sanctuary where wild animals and humans can peacefully coexist.

The temple authorities have been accused of being involved in illegal wildlife trade and animal mistreatment for almost a decade by government officials and animal rights activists.

However, the monks who live in the temple grounds deny abusing the tigers or trafficking any animals and refuse to handover animals to authorities as the place earns thousands of dollars a month from tourism.

Suphitphong Phakcharung, vice-president of the Wat Pa Luang Ta Bua Foundation, said the group opposed to the action because the temple had raised the tigers for more than 10 years without a problem.

The Wildlife department's deputy director Adisorn Noochdumrong led the relocation operation himself on Monday armed with a search warrant from a provincial court.

"We are trying to solve problems step by step," he said.

The department hopes to relocate all 137 tigers in seven days. Most of the tigers will be sent to the Khaoson and Khao Prathap Chang breeding centers in Ratchaburi province.

However, due to the temple's attitude, Adisorn admitted that the operation may take longer than seven days.

Tensions were running high at the temple on Monday as officials and temple representatives met. Officials have also found dozens of dead cubs at the temple site.

The temple monks plan to take legal action against the department and ask the court to revoke the search warrant.

Kasetsart University Faculty of Forestry lecturer Anak Pattanavibool said the authorities were right to relocate the tigers because the state was the animals' rightful owner.

"The procedure to keep the tigers at breeding centers is the best choice we can do, because these tigers were raised in captivity and cannot be returned to the wild. Furthermore, many of them are Bengal tigers, which are not native to Thailand," Anak said.

"We cannot give them to a zoo or other countries because they are the government's property, so the government has to keep them until they naturally die," he said.

The wildlife department said seven tigers were given to the temple in 2001 to be raised on behalf of the state and the tiger population rose to the level it has reached today.

However, the officials said the department's attempts to seize the animals were always rebuffed by the temple.

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Agencies
July 2,2020

Paris, Jul 2: Several interacting exoplanets have already been spotted by satellites. But a new breakthrough has been achieved with, for the first time, the detection directly from the ground of an extrasolar system of this type.

An international collaboration including CNRS researchers has discovered an unusual planetary system, dubbed WASP-148, using the French instrument SOPHIE at the Observatoire de Haute-Provence (CNRS/Aix-Marseille Universite).

The scientists analysed the star's motion and concluded that it hosted two planets, WASP-148b and WASP-148c. The observations showed that the two planets were strongly interacting, which was confirmed from other data.

Whereas the first planet, WASP-148b, orbits its star in nearly nine days, the second one, WASP-148c, takes four times longer. This ratio between the orbital periods implies that the WASP-148 system is close to resonance, meaning that there is enhanced gravitational interaction between the two planets. And it turns out that the astronomers did indeed detect variations in the orbital periods of the planets.

While a single planet, uninfluenced by a second one, would move with a constant period, WASP-148b and WASP-148c undergo acceleration and deceleration that provides evidence of their interaction.

The study will shortly be published in the journal Astronomy & Astrophysics.

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Agencies
June 12,2020

New Delhi, Jun 12: The Supreme Court on Friday asked Solicitor General Tushar Mehta to convene a meeting of the Finance Ministry and RBI officials over the weekend to decide whether interest incurred on EMIs during the moratorium period can be charged by banks.

A bench comprising Justices Ashok Bhushan, Sanjay Kishan Kaul and M.R. Shah queried Mehta as the court was concerned since the Centre has deferred loan for three months.

"Then how can interest of these 3 months be added?" the apex bench asked. Mehta replied: "I need to sit down with the RBI officials and have a meeting."

SBI's counsel, senior advocate Mukul Rohatgi, intervened during the proceedings and said "all banks are of the view that interest cannot be waived for a six month EMI moratorium period".

"We need to discuss it with the RBI," insisted Rohatgi.

Justice Bhushan then asked Mehta to convene a meeting of the RBI and Finance Ministry officials over the weekend, and listed the matter for further hearing on June 17.

The top court, during the hearing, indicated that it was not considering a complete waiver of interest but was only concerned that postponement of interest shouldn't accrue further interest on it.

After the RBI said the waiver of interest charges on EMIs during moratorium will lead to loss of 1 per cent of the nation's GDP, the top court had earlier asked the Finance Ministry to reply, whether the interest could be waived or it would continue during the moratorium period.

The top court said these are not normal times, and it is a serious issue, as on one hand moratorium is granted and then, the interest is charged on loans during this period.

"There are two issues in this (matter). No interest during the moratorium period and no interest on interest," said Justice Bhushan. The observation from the bench came on a petition by Gajendra Sharma, in which he sought a direction to declare portion of the RBI's March 27 notification as ultra vires to the extent it charged interest on the loan amount during the moratorium period.

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Agencies
July 19,2020

New Delhi, Jul 19: Three of the 10 most valued companies added a total of Rs 98,622.89 crore to their market valuation last week, led by stellar gains in IT major Infosys.

Seven companies from the coveted list witnessed a decline in their market valuation last week, but their cumulative loss of Rs 37,701.1 crore was less than the total gain made by three firms -- Reliance Industries Limited, Hindustan Unilever Limited and Infosys.

The market capitalisation of Infosys zoomed Rs 52,046.87 crore to Rs 3,85,027.58 crore. Shares of Infosys had rallied over 9 per cent on Thursday after the company posted a stronger-than-expected 12.4 per cent rise in the first quarter consolidated net profit.

Hindustan Unilever Limited added Rs 25,751.07 crore in its market valuation which stood at Rs 5,48,232.26 crore at close on Friday. Reliance Industries' m-cap jumped Rs 20,824.95 crore to Rs 12,11,682.08 crore.

In contrast, HDFC's valuation plunged Rs 13,920.21 crore to Rs 3,13,269.70 crore and that of Tata Consultancy Services (TCS) declined Rs 7,617.34 crore to Rs 8,26,031.21 crore.

The valuation of ICICI Bank tumbled Rs 4,205.71 crore to Rs 2,29,156.24 crore and that of Kotak Mahindra Bank by Rs 4,175.28 crore to Rs 2,62,864.37 crore.

Bharti Airtel's m-cap dipped Rs 4,009.83 crore to Rs 3,09,521.05 crore and HDFC Bank's by Rs 3,403.97 crore to Rs 6,03,463.97 crore.

The valuation of ITC declined by Rs 368.76 crore to Rs 2,38,469.29 crore.

In the ranking of top-10 firms, RIL was at the number one rank followed by TCS, HDFC Bank, HUL, Infosys, HDFC, Bharti Airtel, Kotak Mahindra Bank, ITC and ICICI Bank.

During the last week, the 30-share BSE index advanced 425.81 points or 1.16 per cent.

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