Pinch for Frank Friday || 9th Oct 2015 ||

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•  India has reacted very sharply to reports of US mulling a nuclear deal with Pakistan on the lines of India-US pact. India stated that anyone considering a nuke pact should first see Islamabad's proliferation track record.
•  In a big relief for telecom major Vodafone India, the Bombay High Court set aside an order of Income Tax Appellate Tribunal (ITAT), which had ruled that the IT department had powers to raise tax demand on the company in a Rs. 8,500 crore transfer pricing case.
• Hillary Rodham Clinton has joined her Democratic presidential rivals in opposing President Barack Obama’s Pacific trade deal, delivering a major blow to a Democratic president as she works to court her party’s liberal base. 
• Under growing domestic pressure over her open-door policy on refugees, Germany's Angela Merkel has come out swinging, insisting "we will manage" the crisis, set to define her nearly decade-old chancellorship. The migrant crisis has deeply polarised Germany.
• In much anticipation, NASA has discovered that Pluto has red water ice and blue skies. The Earth-like skies were seen in the first color images of Pluto's atmospheric hazes, which show them shining against the darkness of space.
• The Nobel Prize 2015 in Literature went to 67-year-old Belarusian author Svetlana Alexievich. The Nobel was awarded for her polyphonic writings, "a monument to suffering and courage in our time". She used the skills of a journalist to create literature chronicling the great tragedies of the Soviet Union and its collapse- World War II, the Soviet war in Afghanistan, the 1986 Chernobyl nuclear disaster and the suicides that ensued from the death of Communism.

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