June 14: When we think we lead, we are most led.

On this day, 14 June...

1834 - The first U.S. patent for a practical underwater diving suit was issued to Leonard Norcross of Dixfield, Maine.

1834 - The first U.S. invention of sandpaper was covered by four patents issued on this date.

1881 - A patent was issued for his invention of a piano player to American John McTammany.

1938 - Chlorophyll was patented as a "therapeutic agent for the use in the treatment of infection" of the bloodstream, infected parts, and for open cuts and wounds.

1942 -1st bazooka rocket gun produced in Connecticut, US. (Bazooka is the common name for a man-portable recoil-less anti-tank rocket launcher weapon.  The innovative bazooka was among the first generation of rocket-propelled anti-tank weapons used in infantry combat).

1942 - Anne Frank begins her diary. (The Diary of Anne Frank is a book of the writings from the Dutch language diary kept by Anne Frank while she was in hiding for two years with her family during the Nazi occupation of the Netherlands. The family was apprehended in 1944, and Anne Frank died of typhus in the Bergen-Belsen concentration camp. The diary was retrieved by Miep Gies, who gave it to Anne's father, Otto Frank, the family's only known survivor. The diary has since been published in more than 60 different languages).

1943 - Helicopter buses were proposed by Greyhound for large-scale public travel. Igor Sikorsky had mooted the idea.  Greyhound Skyways began with a pair of four-place S-51 Sikorsky Helicopters, painted in blue-and-white with a greyhound logo. Within just a few years, it closed after facing the reality of being non-economic.

1944 - 1st B-29 raid against mainland Japan.

1962 - Albert DeSalvo, better known as the Boston Strangler, murders Anna Slesers, his first victim. {The Boston Strangler is a name given to the murderer (or murderers) of 13 women in the Boston area, the US in the early 1960s. The crimes were attributed to Albert DeSalvo based on his confession, details revealed in court during a separate case and DNA evidence linking him to the last murder victim. Since then, parties investigating the crimes have suggested that the murders were committed by more than one person}.

1987 - Rajiv Gandhi, PM, rules out the termination of Rs. 1700 crore Bofors gun deal.

1991 - Punjab was declared "disturbed area"; Army deployed.

2013 - The US government charges NSA leaker Edward Snowden with violating the Espionage Act and theft of government property.

Born

1920 – Bharat Bhushan, actor.

1955 - Kirron Kher, actor, politician.

1960 - Shekhar Suman, comedian.

1968 – Raj Thackeray, politician.

1969 - Steffi Graf, German tennis star who won 22 Grand Slam singles titles.

RIP

2010 – Manohar Malgonkar, writer.

2013 - Massive flooding occurs in northern India killing up to 10,000 people.

Titbits

1989 - Zsa Zsa Gabor arrested for slapping Beverly Hills motorcycle patrolman. (She was a Hungarian-American actress who began her stage career in Vienna and was crowned Miss Hungary in 1936.  She emigrated to the United States in 1941 and became a sought-after actress with "European flair and style," with a personality that "exuded charm and grace).

You may have known...

Dairy cows produce more milk when they are listening to music.

Business News

• GST: Govt Notifies List of Goods which may be Disposed Of Post-Seizure.

• Govt amends CGST Rules: Notifies Changes in GST Returns w.e.f 1st July. The notification amended the rules relating to refund on account of inverted duty structure, refund of input tax credit, rules relating to the anti-profiteering authority, etc applicable from 1st July 2018.

• Cabinet Clears HDFC Bank's Proposal to Raise Rs 24,000 Crore via FDI.

• Hong Kong-based Branches of PNB and IOB have been put under Enhanced Supervisory Oversight and Barred from Proactively Soliciting Customer Deposits by the Hong Kong Monetary Authority as the Capital Adequacy Ratio of the Two Lenders Fell Below the Regulatory Requirements.

• Fitch Ratings Downgrades Viability Rating of SBI, Bank of Baroda on Poor Asset Quality.

• SEBI Cancels Registration of JPMorgan Mutual Fund following the transfer of its schemes to Edelweiss Mutual Fund. SEBI has also withdrawn the approval given to JPMorgan Asset Management India to act as an asset management company to JPMorgan Mutual Fund.