NewsPrint 29 January: Crony Socialism to Stigmatised Capitalism, Says CEA and More...
Don't have time to keep a tab on news throughout the day? CNN-News18 brings you the day's top news and newsmakers in less than 3 minutes! Here are today's top picks: Budget session commences with President's speech, Jaitley tables Economic Survey 2018 in the Parliament, Bruno Mars, Kendrick Lamar Win Big At Grammys,David Beckham Set to Unveil His Own MLS Club, OPPO, Qualcomm to Make 5G Mobile Phones
INDIA Crony Socialism to Stigmatised Capitalism, Says CEA
Addressing the media on issues relating to the Economic Survey, chief economic adviser Arvind Subramanian said, in the understanding of the role of the private sector, India has moved from crony socialism to stigmatised capitalism. Meanwhile, the Budget session of the Parliament was green flagged today by President Ramnath Kovind. In his speech, the President said that his government wants to empower minorities and not appease them. He also highlighted the need to uplift women and farmers and praised other welfare schemes by the government. After the inaugural speech Finance Minister Arun Jaitley tabled the Economic Survey 2018 in the Lok Sabha prepared by the chief economic adviser.
ENTERTAINMENT Bruno Mars, Kendrick Lamar Win Big At Grammys
Bruno Mars and Kendrick Lamar emerged as big winners at the 60th Grammy Awards, which was dotted by surprises, star performances and comments on President Donald Trump, apart from key social and political debates. Rapper Jay-Z, who was leading the nomination pack with eight nods this time, went back empty-handed, while Mars bagged seven honours, including Record of the Year, Album of the Year and Song of the Year. Lamar won Best Rap Performance and Best Rap Song for "Loyalty" featuring Rihanna and Best Rap Album for "Damn" at the gala. This year, Lorde was the only woman to be nominated in Album of the Year category. Pop singer Alessia Cara became the first Canadian to win Best New Artist at the Grammys, hosted by James Corden. Carrie Fisher was awarded her first Grammy posthumously for best spoken word album for her audiobook recording of "The Princess Diarist."
SPORTS David Beckham Set to Unveil His Own MLS Club
David Beckham will unveil his long-sought Major League Soccer expansion team at a Monday news conference in Miami, bringing a conclusion to a turmoil-filled four-year quest. Just over 11 years after announcing he would leave Real Madrid for the MLS Los Angeles Galaxy in a deal that included the chance to purchase an expansion team at a reduced rate, Beckham will make good on plans he first announced in February 2014.
TECH OPPO, Qualcomm to Make 5G Mobile Phones
OPPO on Monday announced a partnership with global chip-maker Qualcomm Technologies where Qualcomm will support OPPO to make 5G-ready mobile phones. As part of the "5G Pioneer Initiative", Qualcomm will provide comprehensive solutions such as the radio frequency front-end field to OPPO. OPPO plans to launch 5G mobile phones in 2019.