Dear all,
Welcome.
Today is May day.
Coal gate Scam: The hearing of Supreme Court had resulted in resignation of Additional Solicitor General thereby raising disputes amidst ASG & Attorney General. Earlier, ASG had stated that the govt. had not shared its(CBI) status report on Coal block allocation. The autonomy of CBI is under question. The Supreme Court had stated that CBI should not take any directions from any minister. It had broken its faith and the investigation is questionable. The Supreme Court had summoned CBI director to file an affidavit on Coal block allocation status report. It has to be submitted by May 06. Now, CBI's autonomy would be under trial. It has to be independent and impartial. It should not be working under external pressure.
CBI's counsel had stated that it would flie an affidavit on May 06.
Earlier, Attorney General had told that neither he had seen the status report nor its draft report.
Iran: Iran had tested three home-made missiles and are supposed to be successful. The Army Ground Forces chief stated that Army and Defence Industries had jointly made the missile. But information regarding the same is not disclosed. These are mostly surface to air missiles. These are different from Naz-e-At and Faz missiles, which were tested during March End. Faz 5 has range of 75 kms whereas Naz-e-At is a medium range missile with striking range from 100-300 kms.
SEBI: The govt. is likely to empower SEBI with various chit fund schemes being brought under it. Amendment regarding the same would be brought sooner.
The new rules would grant more power to confiscation of property, investigation and access to the fraudster or the company' information. Also, Security Contract (Regulation) Act and Depository law would be amended. The money pooling schemes would be under SEBI's power.
Corruption: The govt. had stated that by March 31, 2013 there were 6816 matters pending under Prevention of Corruption Act. The CBI had during 2010, 2011, 2012 & by March'13, registered around 2121 matters. These are Andaman/Nicobar Island (29), Andhra Pradesh(409),Goa(46), Gujarat(417), Haryana(49), HP(16), J&K(141), Jharkhand(432), Karnataka(176) , Arunachal Pradesh(09), Assam(187), Bihar (310), Chandigarh(42), Chattisgarh(49), Daman/Diu(06),etc. Likewise, Kerala(189), MP(211), Maharashtra(709), Manipur(13), Meghalaya(08), Mizoram(08), Nagaland(05), NCR(933), Odisha(235), Pondicherry(26), Punjab(63), Rajasthan(294), Sikkim(02), TamilNadu(497), UP(599), Uttarakhand(61), & West Bengal(645).
Energy Politics: India is not gaining any Uranium from Australia as per an envoy posted previously there. It is still a critical issue resulting in delay of selling of Uranium. He told ABC radio that it might take time for the stated project. The Security standards pose a complex scenario. He stated that India and Canada had decided to move ahead during the year 2010. But two years had since then passed.
China's matter is different as there is no ban on selling of Uranium for military and domestic purpose. It is to note that Uranium has 31% of World reserves. During 2011-2012, it had produced 7.700 tonnes of Uranium Oxide. It is exporting it to Japan, Taiwan, China & USA.
With regards,
M.K.Pachraiya
Welcome.
Today is May day.
Coal gate Scam: The hearing of Supreme Court had resulted in resignation of Additional Solicitor General thereby raising disputes amidst ASG & Attorney General. Earlier, ASG had stated that the govt. had not shared its(CBI) status report on Coal block allocation. The autonomy of CBI is under question. The Supreme Court had stated that CBI should not take any directions from any minister. It had broken its faith and the investigation is questionable. The Supreme Court had summoned CBI director to file an affidavit on Coal block allocation status report. It has to be submitted by May 06. Now, CBI's autonomy would be under trial. It has to be independent and impartial. It should not be working under external pressure.
CBI's counsel had stated that it would flie an affidavit on May 06.
Earlier, Attorney General had told that neither he had seen the status report nor its draft report.
Iran: Iran had tested three home-made missiles and are supposed to be successful. The Army Ground Forces chief stated that Army and Defence Industries had jointly made the missile. But information regarding the same is not disclosed. These are mostly surface to air missiles. These are different from Naz-e-At and Faz missiles, which were tested during March End. Faz 5 has range of 75 kms whereas Naz-e-At is a medium range missile with striking range from 100-300 kms.
SEBI: The govt. is likely to empower SEBI with various chit fund schemes being brought under it. Amendment regarding the same would be brought sooner.
The new rules would grant more power to confiscation of property, investigation and access to the fraudster or the company' information. Also, Security Contract (Regulation) Act and Depository law would be amended. The money pooling schemes would be under SEBI's power.
Corruption: The govt. had stated that by March 31, 2013 there were 6816 matters pending under Prevention of Corruption Act. The CBI had during 2010, 2011, 2012 & by March'13, registered around 2121 matters. These are Andaman/Nicobar Island (29), Andhra Pradesh(409),Goa(46), Gujarat(417), Haryana(49), HP(16), J&K(141), Jharkhand(432), Karnataka(176) , Arunachal Pradesh(09), Assam(187), Bihar (310), Chandigarh(42), Chattisgarh(49), Daman/Diu(06),etc. Likewise, Kerala(189), MP(211), Maharashtra(709), Manipur(13), Meghalaya(08), Mizoram(08), Nagaland(05), NCR(933), Odisha(235), Pondicherry(26), Punjab(63), Rajasthan(294), Sikkim(02), TamilNadu(497), UP(599), Uttarakhand(61), & West Bengal(645).
Energy Politics: India is not gaining any Uranium from Australia as per an envoy posted previously there. It is still a critical issue resulting in delay of selling of Uranium. He told ABC radio that it might take time for the stated project. The Security standards pose a complex scenario. He stated that India and Canada had decided to move ahead during the year 2010. But two years had since then passed.
China's matter is different as there is no ban on selling of Uranium for military and domestic purpose. It is to note that Uranium has 31% of World reserves. During 2011-2012, it had produced 7.700 tonnes of Uranium Oxide. It is exporting it to Japan, Taiwan, China & USA.
With regards,
M.K.Pachraiya
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