Gangrape,Laws&Neo_Political_scenario

Dear all,
Welcome.
The UN Secretary general, Ban-ki-moon had expressed condolence on Delhi Gangrape victim's demise. He told that the Govt. of India must implement reforms & bring culprits before the law.
He had condemned the incident & brutal killing of the girl who was cremated on Sunday early morning.
Many people had taken candle march & demanded stricter law for fighting against such violence. Ban ki moon had also apprised Indian govt. of strengthening of essential services for such victims. He told that UN's women and other agencies are always ready for technical assistance on such issues.
 
Irish law: Ireland had decided to pass a new law in regard to abortion in case of danger to the mother's life. After witnessing strong public protest following the death of NRI/PIO dentist, Savita Hallapanwar who died due to not being aborted. Ireland would legalise the abortion. As per sources, doctors refused to conduct abortion despite being told by Savita. Later, she died on October 28, 2012. Her foetus was running 17th week.
As per Irish Health Minister, the govt. was informed of the oppostion against abortion. The govt. is committed to protection of pregnant women. It is to note that abortion law is stricter in Ireland in entire Europe. Being a Roman Catholic country, the debate on legalising abortion is likely to happen. As per the Irish PM, whip would be issued for voting & there would be no independent voting.

Indian law: The Delhi's bus Gangrape accused would be taken for trial on charges of murder by Delhi Police. The trial is to be held at Delhi's Saket Court. The Delhi Police had already sent a report upon asking by the Home ministry. Upon death of the victim, PM had discussed about law & order in the meeting at his residence. Her case had shocked the conscience of the nation along with attention of various news media. The Earlier suggestion provided by the New Delhi govt. was to make Gangrape a non-bailable offence. The Delhi CM, Deikshit, had asked to Chief Justice of Delhi High Court to make five Fast track courts. Also, it had been suggested that such rape cases would be heard daily at Delhi. Amidst prevailing rumours of victim's getting treated at Delhi's hospital itself, it was also stated by Foreign minister that the victim was sent to Singapore upon consultation with the hospital doctors.    

NBA: Whereas the conscience of the nation was shocked with grief outpouring upon victim's death on Saturday early morning at 2:15 am, the Central govt. had decided not to showcase such news via Newschannels telecast regarding victim's final rituals of her body. The News Broadcasing Association(NBA) had been issued eight(08) directions in this regard along with handling of the chaotic situation. The Metro railway would remain close to avoid any unwanted happenings along with the implementation of Act 144 thus prohibiting assembling of more than four persons. India gate had further been closed for proposed demonstration with protesters gathering at Jantar Mantar. Various areas saw demonstrations like Candle March, protest at Rashtrapati Bhawan etc. The victim's body was brought in Air India's 150 seater A1380 plane & was cremated at Dwarka Sector 22 crematorium amidst presence of Home Minister for State.

Police Atrocity: After exploding of public outcry, a Parliamentary committee has asked Delhi State Police Commissioner regarding atrocities on women. Also, problems of lesser vehicles & vacant official posts were earmarked by the committee. The chronology of events were narrated by the Commissioner. He stated that after the information, the PCR vans went into action. He is supposed to have told that with it, the accused were arrested quickly. Also in another incident, a notice had been issued to Delhi Police & Delhi Metro for preserving the CCTV footage of two metro stations of Dec.23 upon petition by two accused for killing of Police constable. Yet in another incident, for violent demonstration against the gangrape, Delhi Police & Delhi Metro Rail Corporation (DMRC) had been summoned. When the investigating officer told that as the investigation is being handed over to crime branch, DMRC could not be sent notice for the same, the Metropolitan magistrate issued notice and asked for reply by Dec.28.

Modi as PM: The Gujarat Assembly results had been declared with Modi emerging as PM contestant. While BJP is likely to project his image for winning Southern State elections like Karnataka, widespread rumours prevail over his campaigning in the Telangana region.
Although, surveys indicated Modi ahead of Congress but if GPP had been able to divide the vote bank, it may pose danger too. During 2009 assembly elections, BJP got 35% votes whereas Congress got 32% votes, which is merely 3% difference. During this election, record polling had happened therein Gujarat.
A myth prevails that excessive polling goes against ruling party, but Bihar & Punjab elections had been able to break it.
Since 1995, 42 States underwent polling, out of which 18 times it went in favour of ruling party whereas 26 times, it went against ruling parties.

An important factor is that youths involvement had made elections reach 70% polling. Around 40% of voters were of the age group 18-40 years, which indicate one sided results either in favour or in opposition. The analyst state that on development issue, inclination for Modi is far obvious as he had conducted a youth rally too. 
While Modi brand had emerged as tough contest for Congress, it would be Modi's strategy on how he tackles situation like chaos & thrives upon it with his supposedly tougher stand on Bureaucracy for getting desired results.

With regards,
 M.K.Pachraiya

Victim_demise&AFSPA

Dear all,

Welcome & plz read on the app. mssg.

Singapore: The 23-year-old girl, who put up a brave battle for life after she was gang-raped and brutally assaulted in a Delhi bus on December 16 that had created a nationwide outrage, died on Saturday morning in a hospital here.

The girl, who was admitted to the well-known multi-organ transplant facility Mount Elizabeth Hospital here on Thursday morning in an extremely critical condition, breathed her last at 4:45 am (2:15 am India time). She was earlier treated at the Safdarjung Hospital in Delhi.

Latest developments:

1. On Twitter, Aam Aadmi Party leader Arvind Kejriwal invites all for a condolence meeting at Jantar Mantar at 11 am.
2. Leader of Opposition in Lok Sabha, Sushma Swaraj, tweeted: “Her death has shaken the conscience of the nation. We must wake up and make India safe for daughters”.
3. In a bid to avert chaos following the Delhi gang-rape victim’s death, Delhi Police spokesperson Rajan Bhagat said that Section 144 has been imposed in the New Delhi district. Protesters can carry out peaceful protest at Jantar Mantar and Ramlila Maidan though, added Bhagat.
4. Congress President Sonia Gandhi condoles death of Delhi gang-rape victim.
5. Aam Aadmi Party (AAP) leader Arvind Kejriwal tweeted this morning: “Aren't we all responsible for her death? Can we all now do something so that half of humanity starts feeling safe amongst us?...Her death is a matter of shame and sorrow for all of us. Let's resolve that we will not let her death go in vain”.
6. Reports say that JNU students will take out a silent march following Delhi gang-rape victim’s death.
7. Condoling the death of Delhi gang-rape victim, Minister for Women and Child Development Krishna Tirath appeals for calm, saying mindset of society needs change.
8. Home Minister Sushilkumar Shinde said he was deeply saddened by the demise of the victim. “We tried our best to provide her the best possible health care...Government is committed to seek deterrent punishment for all the accused”.
9. President Pranab Mukherjee 'deeply distressed by the unfortunate demise of the 23-year-old girl'.
10. Condoling the death of Delhi gang-rape victim, Minister for Women and Child Development Krishna Tirath appeals for calm, saying mindset of society needs change.
11. The body of the Delhi gang-rape victim, who died this morning, will be flown to India by a special chartered aircraft this afternoon, announced Indian High Commissioner to Singapore TCA Raghavan.
12. Delhi Police will invoke murder charges against the six men allegedly involved in the gang-rape and brutal assault of the girl in a moving bus after she died in a Singapore hospital 13 days after treatment.
13. Reacting to the news of the death of the gang-rape victim, Delhi Chief Minister Sheila Dikshit said it was a shameful moment not just as the CM but also as a citizen of the country.
14. Ten Metro stations - Pragati Maidan, Mandi House, Barakhamba Road, Rajiv Chowk, Patel Chowk, Central Secretariat, Udyog Bhawan, Race Course, Khan Market and Jorbagh - will remain closed.
15. Fearing large-scale protests following the death of the gang-rape victim, Delhi Police announced that India Gate and its surrounding areas that comprise the capital's power centre would be out of bounds for the general public.
16. Prime Minister Manmohan Singh condoled the death of the Delhi gang-rape victim and expressed the hope that the entire political class and civil society will set aside narrow sectional interests and agenda to make India a demonstrably safer place to live in.
17. The Singapore government condoled the death of the Delhi gang-rape victim, who breathed her last at the Mount Elizabeth Hospital this morning.
18. The 23-year-old girl, who was gang-raped and brutally assaulted in a Delhi bus a fortnight ago, died early morning in a hospital at Singapore.

AFSPA: The National Minorities Commission head had criticized Ex-Army chief's involvement in the agitation against Delhi Gang rape incident. He questioned whether troops deployed in the J&K were ever investigated for trial on such charges. The CIC told that it would have been better had the people like Ex-Army Chief advised as to how to handle the crisis. When Ex-Army chief was in power, many cases against troops had come alleging rape too. Whether they had been investigated? Did any one made any such effort to provide justice to the victim? However, he lamented upon Delhi's Gang rape incident. He stated that if Ex-Army chief wishes to condemn it, had he ever noticed complexities in it?

 

With regards,

M.K.Pachraiya

Indian_Politics&Women_rights

Dear all,
Welcome.

Indo-Russia agreement: Russian Premier had, in his one day visit to India, signed around 10 agreements worth 22,000 crores INR(300 crore dollars). In a joint statement, both countries had agreed for cooperation on more than 40 issues. These included purchases of 42 new Sukhoi Su30 MKI, & 71 nos. of MI-17 V5 helicopters etc.
The venue was turned down from Hyderabad House to PM's residence itself due to continuing agitation in Delhi. As per Vladimir Putin, trade exchange would become double during next few years.
Also, Indian companies would try for stakes in Russia's Oil & gas sector. India had sought for it's oil companies opportunities in Russia's Siberia, Far East, & Arctic region. Also, Iran's nuclear programme & tension erupted was discussed. UN Security Council reforms & situation of Afghanistan after NATO-led coalition forces return by 2014 were also discussed.

Syria: The Russian foreign Minister had told that if Syria uses chemical weapons against rebels, it would be a political suicide for Bashar-al-asad govt. Asad had given assurance that it would not have any such plans. It is to note that violence during the past 21 months had resulted in loss of 44,000 lives. Russia still continues to be its major ally. It is keeping vigil on Syria. As per it, every now & then, rumours spread that Syria is going to use chemical weapons against rebels. Russia had also been alleged of using cluster bombs in Syria.

CVC: The Central Vigilance Commission is likely to adopt a stricter stand on corrupt staff. It had lashed at govt. machinery for not taking action on its recommendations. It has evidence of leaving such employees because of whom, lakhs of revenue loss occured to the govt.

Women rights: Whereas Delhi CM, Sheila Dikshit, had claimed Home ministry Delhi Police Spl. Estt. (DPSE) except VVIP security being given to Sushil Shinde, it is seen that Women's rights and their security issues are rarely brought up in the Parliament. Presently, there are 87 women members in both the Houses but the questions about women, in this regard, asked by them are very few in number. The Delhi's gang rape matter resulted in tears raising of Jaya Bachchan but she had asked only 05 questions in the LS/RS about womens. Likewise, Smriti Irani had asked 144 questions out of which only 04 were related to the womens. Dy. Chairman of RS, Najma, had mentioned only once but never asked any such question about womens. Also, Child & Women Health minister had also not asked anything related to women so far.
But there are exceptions like Congress member, Prabha Thakur, who did ask more than a dozen questions concerning womens problems. Also, NCW head, Girija Vyas, hadn't asked any such question so far.The Minister of State for Urban development, Deepa Dashmunshi, had asked about dozen a problems prior to holding the said post. The Punjab's Dy. CM's wife had asked about dozen a questions about womens.
The Govt. of Delhi, erstwhile Union territory's, CM had opposed the making of National War memorial near India Gate citing it as a tourist place. Under the proposal, a War memorial is to be made near India Gate canopy with names of martyrs inscribed on it. After Kargil war, it had been under discussion. But as per CM, it would pose problem to common visitors.

With regards,

ManojKumar, Bhilai

WHO,Reporting,Banking&maths

Dear all,
Welcome.

 

Today is the 125th anniversary of Srinivas Ramanujan, Indian mathematician. He had contributed in analysis of numbers and derived 3,884 equations. He was the youngest member of member of Royal Society (FRS). He used to write equations without mentioning logical steps. He died in harness.

 

Banking Technology as deterrent: The Finance minister, P.Chidambaran, had hailed Indian Banking system for its capability to sustain any challenge posed before it. Addressing 102 establishment day of Central Bank of India, he told that Indian Banking system is capable of handling any challenging work as had been exhibited earlier too. From January 1, 2013, a new responsibility is given for transfer of subsidy directly to bank account. Four years back, when he had asked for cancelling of loan worth 70,000 crores INR, it was executed successfully. Likewise, Educational loan facility extended during seven years back was also handled successfully. A total of 3 lakh crores INR had been disbursed.
He stressed upon the technology so as to make banking facility reachable to all sections of the society.
All PSU banks strike was also tackled using technology for smooth working of banks. But it is presumably a wild card to rely upon.

 

Malaria: WHO had in its 2012 annual report stated that by 2015, malarial cases in India would reduce by 50-75%. Due to grant-in-aid & continual efforts by participating countries, Malaria eradication programme at global level had strengthened. However, with reduction in grant-in-aid, it may also prove fatal for present  efforts & success gained during past 10 years.
The South-East Asian countries like Bhutan, Nepal, Sri Lanka & Thailand had registered 75% decline between 2000 & 2011. As per report, India would register 50-75% decline by 2015. The plans for malaria eradication are progressing in India, Nepal & Thailand. In India, anti-malarial mosquito net is being provided. In 2011, more than 17 crore people were tested for malaria with around 10 crores Indian people.
WHO had appealed to all member countries to provide grant for saving lives of childrens.

 

Wikileaks: The Wikileaks founder, Julian Asanje, had stated that Wikileaks would issue/reveal around 1 million documents already kept with them, which would affect all countries. Presently, he had taken asylum in Ecuador with door for talks open too. As per his supporters, the next year would also be equally busy as usual.

As per Centre for research & Security studies, around 53 people had been killed amidst allegations of hate & insulting god since the year 1990. In Pakistan, it tantamounts to death sentence, which is not reviewed. Even during hearing, the counsel dare to open evidence for themselves being charged. Recently, Rimsa maseeh's case gained media attention as she was alleged to be carrying burnt Islamic book. But his neighbour came forward stating that it was kept by some Muslim cleric itself.

 

Around 139 reporters from 29 countries worldwide lost their lives while on duty, which is 30% more than previous year. Press Emblem Campaign (PEC) had provided the information. As per it, most of the reporters got killed while providing coverage of Syrian conflict. After the Iraq war, it is the biggest bloodshedding struggle of the 21st century. Around 36 reporters were killed during their work. As per PEC, since 2008, around 569 reporters got killed . During past five years, Phillipines, Mexico, Iraq, Honduras, Pakistan, syria, Somalia, Brazil, Russia & India itself accounted for 2/3 of such killings.

 

ASSOCHAM CSR Excellence Award: M/s. TATA Steel had been awarded the fifth issue of CSR excellence award 2012-13. It is given for urban services, infrastructure development, health facilities, and providing sustenance measures in rural areas, emergency management, & supporting NFP(Not for profit) groups.

 

With regards,

 

M.K.Pachraiya

Surveys&Political_scenario

Dear all,
Welcome.

The Govt. of Delhi, erstwhile Union territory's, CM had opposed the making of National War memorial near India Gate citing it as a tourist place. Under the proposal, a War memorial is to be made near India Gate canopy with names of martyrs inscribed on it. After Kargil war, it had been under discussion. But as per CM, it would pose problem to common visitors.

Egypt's referendum: The opposition parties had claimed fraud during initial stage of public opinion poll in regard to change of the disputed constitution. The coalition titled, National Salvation Front, had asked people to come out in open for stopping it. Earlier, Muslim brotherhood had told that 56.5% votes went in favour of change whilst 43% votes rejected it. For supporting new constitution, 50% or greater polling is required. The opposition leader & IAEA Ex-chief, Al-Bardei told that first stage results indicate open fraud, reduced polling & dismay for Islamic leadership.

Surveys: The Gujarat Assembly results had been sealed in EVMs. It would be declared along with HP State results on December 20. Although, surveys indicate Modi ahead of Congress but if GPP had been able to divide the vote bank, it may pose danger too. During 2009 assembly elections, BJP got 35% votes whereas Congress got 32% votes, which is merely 3% difference. During this election, record polling had happened therein Gujarat.

A myth prevails that excessive polling goes against ruling party, but Bihar & Punjab elections had been able to break it.

Since 1995, 42 States underwent polling, out of which 18 times it went in favour of ruling party whereas 26 times, it went against ruling parties.

An important factor is that youths involvement had made elections reach 70% polling. Around 40% of voters were of the age group 18-40 years, which indicate one sided results either in favour or in opposition. The analyst state that on development issue, inclination for Modi is far obvious as he had conducted a youth rally too. It could have been successful or not is a big question mark?

The December 20 could further decide upon his candidature for Prime ministership too. Please read on...
a. 1-92 seats: Hermit stage
If Modi reaches it, Congress may form govt. or BJP minus Modi might work. In such a scenario, his vision about Delhi may crash. The rebels may further come forward. If he is bereft of govt. machinery, Godhra riots & fake encounters may terrify him. However, it is having almost no chance.
b. 93-100 seats: Wounded & feeble(weak)
If Modi reaches this number, it might be dangerous. He would like to join or call opposition. Many in BJP would like him to see so that they may get importance. The dissidents would be powerful and may mingle with Waghela or Keshubhai. It would testify Modi.
c. 101-110 seats: Delhi March start
It would be relaxing victory for Modi but with dissidents still active. Modi may be CM & strenghten himself.After sometime, Delhi March might follow.
d. > 115 seats: Clear claim
If Modi gets more than 115 seats, he would shut up his critics & rule the Gujarat in a similar style with his acceptability with NDA. He would make efforts towards getting a role for selection of candidates with other senior like Jaitley holding party.

With regards,

M.K.Pachraiya
 

Swiss_acc&Vaccine

Dear all,
Welcome.

FATF: With the rise of Anti-corruption movement world over, the notoriety-gained country in regard to blackmoney deposition, Switzerland, is now vying for cleaning its image. Already, OECD countries have allowed to share information regarding bank account details.

A new bill is prepared for approval with Federal Council. After it gets passed, it would be difficult to hide big sums of black money in Swiss banks.
Federal Council had asked Finance ministry to prepare the said bill, which would be put up for approval next year. It would allow only those accounts, which are tax payers.
An affidavit would have to be submitted by the account holder. The tax haven, Switzerland, is under tremendous pressure, for being transparent. It has Indian black money, which had become a big political issue. FATF's amended recommendation would be made effective & money laundering matters would have to be reported to Money Laundering reporting Office.

Vaccine: Now, the vaccine for Japanese Encephalitis fever would be developed sooner in India. It would be available in the market thereby reducing our dependence on China. These are developed in the National Institute of Virology(NIV).

Presently, 15 States are affected by Japanese Encephalitis. The govt. is providing vaccines to childrens aged less than 6 months. Earlier, it was purchased from China but after the approval of DCGI, the drug control authority in India, a company named biological-e had made this vaccine in India. It is developed in collaboration with Intercell AG and wish to sell at retail price.
DCGI officials state that 3 more companies were competing with Bharat Biotech completing final stage of clinical trial. It is using indigenous technique. ICMR, Pune based NIV had given license for commercial production and within few months, it would start it. Likewise, psanofi Pasteur is also doing final stage of clinical trial. Another company viz. Panisia biotech is also in process of making it with the help of National Institute of Immunology Sc.(NII). The scope of Japanese Encephalitis :
- Spread in 113 districts of 15 States
- 181 death in last year followed by 136 this year
- Assam, Uttar pradesh & Bihar most affected.

With regards,

 

M.K.Pachraiya

Nostradamus_Prophecy

Dear all,
Welcome.

Nostradamus was a 16th century fortune teller, whose prophecies regarding ruining of the world is talked of nowdays. He was a doctor & a teacher. He included prophecies in his poems & those have been interpreted.

After seven days & seven nights, dangerous things would be observed. The tide would be increased drastically and a python would be beyond sky. He would die six times before the earth and humanity would be terrorified. For the sixth in the forecast mentioned, a star would burn for 7 days, the cloud would form after two suns being present. A big dog would shout during entire night & the country would change.

Most educational & scientific sources state that Nostradamas forecast is wrongly interpreted or translated or is feeble to be presented for real future. The future predicted by Nostradamus stated the end of the world by December 21, 2012. Even Tibetan Buddhists have told about serious happenings during 2012. Many people believe that Nostradamus, in his book, Prophecies, stated incidents in various stanzas.

As per it, an arrow in Saggitarrus star sign indicates happenings, three eclipses would happen followed by earthquakes on Sun & Earth. Disasters would increase as we reach 2012. Solar storms would rise making it warm the earth so that poles may melt.
At the start of Aquarius star sign, disaster would start & most of the earth would be flooded causing loss of lives & property.
Many incidents are said to be found akin to those predicted by Nostradamus. But many things are unbelievable like Earthquake can't occur in the Sun. It needs rocky terrain, which is not on Earth. Solar storms may come but there is no major storm. Meteors falling may happen as usual.
NASA's Near Earth Object Program(NEOP) & European Space agency are monitoring such heavenly bodies orbiting earth.
The prophecy is a riddle with individuals carving out their own meanings. As per CERN laboratory deputed Indian team leader, Americans are fearful & hence predict such dangers.

Is it real that world may end by Dec 21 or 23 in the year 2012?

Nostradamas stated that he saw an fire circle nearing Earth, which could be cause for human extinction. Many believe it to be 2012.
As per him, Sun would, during 2012, divert from its original path & touch galaxy's South located Dark Rift & would not return back. This may pose danger as it would be an untoward incident.
If Third world war happens, a meteorite may fall in Indian Ocean and would cause water splashing continents therey resulting in submerging of nations. Even Earth may change its axis like the one happened with Japanese tsunami occurence. December 21 is the forecasted day for such disaster.

 

With regards,

MKP, India

Sino-Inc_acquisition

Dear all,

Welcome.

 

Canada approved China's biggest overseas energy acquisition, a $15.1 billion takeover by state-owned CNOOC of Canadian oil and gas producer Nexen, but vowed Friday to reject any future foreign takeovers in the oil sands sector by state owned companies.

Prime Minister Stephen Harper said the government would only consider future takeover deals in the oil sands by state-owned companies in exceptional circumstances.

"To be blunt, Canadians have not spent years reducing ownership of sectors of the economy by our own governments only to see them bought and controlled by foreign governments instead," Harper said.

Harper's Conservative government has been studying whether CNOOC's deal and a smaller foreign takeover, Malaysian state-owned oil firm Petronas' $5.2 billion bid for Progress Energy, represent a "net benefit" to the country. The Harper government also approved the Petronas deal on Friday.

The prime minister's comments shed light on Canada's policy toward foreign takeovers in the oil sands, particularly when the foreign company is owned by the state.

Concerns have been raised that approvals could lead to a flood of deals that put control of Canada's vast energy resources in foreign hands.

"I do not believe that any major industrialized country would allow a major sector of its economy to be transformed into the property of a foreign government through a couple of transactions," Harper said.

The prime minister said the Alberta oil sands represent 60 percent of all the oil production around the world that is not already in state hands and said he wants to keep it that way.

"The government's concern has been that very quickly a series of large-scale controlling transactions by foreign state-owned companies could rapidly transform this industry from one that is essentially a free market industry to one that is effectively under the control of a foreign government," Harper said.

"That is obviously not something that we find desirable."

CNOOC and other big state-owned Asian energy companies have increased purchases of oil and gas assets in the Americas as part of a global strategy to gain access to resources needed to fuel their economies. Chinese companies have moved more carefully since CNOOC tried seven years ago to buy Unocal but was rejected by U.S. lawmakers who cited national security fears.

Harper's government originally turned down Petronas' bid for Progress Energy in October. The government did not publicly explain the decision to block the deal but said a new policy framework for foreign takeovers will be released soon. Petronas was allowed to reapply.

The decision to turn it down in October has raised doubts about whether Canada is open to foreign investment.

Harper's Conservative government also rejected Anglo-Australian BHP Billiton's hostile takeover bid for Potash Corp. in 2010 and the sale of Vancouver-based MacDonald, Dettwiler and Associates' space-technology division to an American company in 2008.

Harper has lobbied the Chinese to invest in Canada's energy sector and has said foreign investment is needed to develop Canada's vast oil and gas deposits. Turning down CNOOC's bid would have harmed relations with China. China's growing economy is hungry for Canadian oil. Chinese state-owned companies have invested billions in Canadian energy in recent years.

The Canadian province of Alberta has the world's third-largest oil reserves after Saudi Arabia and Venezuela: more than 170 billion barrels. Daily production of 1.5 million barrels from the oil sands is expected to increase to 3.7 million in 2025.

Nexen, a mid-tier energy company in Canada, operates in western Canada, the Gulf of Mexico, North Sea, Africa and the Middle East, with its biggest reserves in the Canadian oil sands. It produced an average of 213,000 barrels of oil a day in the second quarter of this year.

Nexen's board approved the takeover in July after CNOOC offered a 62 percent premium on the stock price. Shareholders voted overwhelmingly to support the deal in September. The stock has long traded at 10 percent discount to the offer on fears Canada would not approve the takeover.

Nexen stock traded down 6.5 percent after Industry Canada said an announcement would be made after the close. Progress traded down 5.4 percent.

In an apparent show of commitment to Canada's interests, CNOOC is pledging to set up a regional headquarters in Calgary, Alberta, where Nexen is based. It also says it will keep the Canadian company's management and projects in place and list shares on the Canadian bourse in Toronto.

Petronas has also made a series of promises in the proposed takeover of Progress.

© 2012 The Associated Press

 

Id & travel: The Identity card, while travelling in reserved train compartment, had become mandatory with effect from today. It had given details about the list of documents that could serve as identity like Driving license, Passbook with photo, PAN Card, Voter Card, Postal a/c passbook etc.

 

With regards,

 

M.K.Pachraiya

Manufacturing_sector

Dear all,
Welcome.

Anti-dumping duty: The Central govt. had started investigation into the domestic complaints regarding alleged solar cell dumping in India by US, China, Malaysia & other countries. Director General of Anti-Dumping(DGAD) coming under the Ministry of Commerce had taken cognizance of the fact & started initial investigation after getting the first-hand evidence.
In a notification, DGAD stated that complaints about cheaper solar cells and manufactured outside India & being dumped here are received. The Directorate may recommend for anti-dumping duty on the quantity after checking the complaint, and its effect. The Solar manufacturers Association had registered a complaint. DGAD would check the solar cell imports during Dec.2011. However, the data pertaining to past three years would also be checked. The Association had sought retrospective anti-dumping duty on it.

 

Manuf. sector: India may become second most competitive economy during the next five years. The Global research firm, Deloitte, and "US Council on Competitiveness" stated it in a report.
China would continue to remain on top in manufacturing sector till next five years whereas India & Brazil would move to second and third position respectively. The report states that availability of skilled labour, strong domestic demand, and incomparable geographical location might render such status. India has already speciality in service sector & it could be seen in manufacturing too. But hurdles are to be removed in Education & Basic Infrastructure sector for development. If it happened, India's achievements would be apprised all over the world during the next five years. Presently in manufacturing sector, next to China is Germany & USA later. India stands at fourth position with S.Korea as fifth, Taiwan as sixth & Canada as seventh along with Brazil as eighth, Singapore as ninth & Japan as tenth position holder.
With higher interest rates, dearness & recession in EU countries, the economic growth may further slack in Q3 of this fiscal year. However, in Q4, it may improve. It is predicted by ASSOCHAM. It was 5.5% in Q1 followed by 5.3% in Q2.

  
With regards,

 

M.K.Pachraiya