Tuesday, September 10, 2013

{Modi_brand,ICJ,Syria,Delhi's_Gangrape_verdict,Spectrum&Yuan}

Dear all,
Welcome.
Modi brand: During the two day meeting of RSS along with it's associate units post holders, it is learnt that by forwarding MP CM's name, BJP's senior leader had demanded for Opposition leader, Swaraj's, name for the post of Deputy PM. He had learnt that he could not confront directly with RSS and accordingly he had got the rumour of MP CM in opposition to Modi's name. Advani's faction had got their voice through back door for her being as Dy. PM. RSS chief, Advani and Co-leader of RSS had done meeting separately on this issue. It is supposedly strategic move and efforts are made by Advani faction.
It seems to be final move for Advani but RSS had made it clear that there would be no compromise over PM candidature. So, this move could fetch some gain to the faction. BJP President had stated about Parliamentary board meeting sooner.
ICJ: The trial of Kenyan Dy. President would be done before International Court of Justice amidst charges of raising violence during elections five years back. Kenyan MPs had appealed for
dismissal of case against him in regard to those matters. It is to note that during the said violence, around 1000 people were killed.
The Dy. President is alleged to have provided monetary help for planning violence. Also, Kenyan President would be under trial for charges of conspiracy for murder before International Criminal
Court(ICC), Hague from November 2.
Syria: US foreign minister had stated that Arab league leaders had agreed upon the fact that Syria had violated global line with alleged chemical attack. Many Arabian countries leaders had accepted to sign on statement issued by twelve countries of G-20. They had stated that usage of chemical weapons by Assad's govt. is condemnable. Qatar's foreign minister had stated that it seems that Assad govt. had moved to WMDs.
US President, Obama, would be spending two days before media for campaign to get Americans support in this regard. It is in long-term interest of USA. He would be addressing six TV channels. Also, he would be meeting top Senators as final efforts in this direction.
Delhi's Gangrape: The Saket's Fast track Court had held all four accused as guilty in the gangrape matter wherein a paramedical student was raped in a luxury bus on Dec.16 past year. She died later at a hospital due to multiple-organ failure. Argument for sentence would be done tomorrow at 11 AM after which the sentence would be given. It is hoped that the case would be declared "Rarest of rare" with awarding of death penalty to all four guilty. All four had been found guilty
under all fifteen acts.
The decision is criticized by counsel of guilty stating it as being taken under political pressure. Earlier, all the accused had been brought to the Court under tight security. It is to note that a
juvenile accused in the matter had been sentenced to three years in juvenile home.
CAPART: The Centre govt. is closing it under allegations of corruption. VRS scheme is prepared for it's Officials & Staff. The closure would be done in two years in phased manner. A full time
Director would be appointed for the purpose.
The Council for Advancement of People's action and rural technology had become a white elephant, which is not viable as per Rural development minister. NGO and civil organisation's were involved for developing technology at local level through CAPART. The govt. provided aid to them but it had become a source of corruption. During past twenty five years, twenty eight Directors had been appointed with more than 200 posts in it. Located in "India Habitat Centre", it had made ministers and secretaries as everything as per the Rural dev. minister. Now, Bharat Rural Livelihood Fund (BRLF) would be taking it's place, which is approved by the Cabinet.
2G Spectrum: TRAI would be selling spectrum with reserve price being reduced to 80%. Earlier, the mobile service spectrum was 3,640 crore INR, which is now being fixed as 1,496 crore INR.
GSM based mobile service operating at 900 MHZ would have reserve price of 288 crore for Delhi circle, 262 crore for Mumbai circle and 100 crore for Kolkata circle. Due to high price, Airtel, Vodafone like cos. had not taken part in auction of spectrum. Later, DOT had asked
TRAI to fix reserve price.
With regards,
M.K.Pachraiya
Original_app_mssg(1) 1800 MHZ spectrum
Telecon. circle    Reserve price(crore/Mhz)
1. Delhi ---------175
2. Mumbai---------165
3. Kolkata--------59
4. UP(East)-------61
5. UP(West)-------62
6. Assam----------07
7. Bihar----------37
8. Haryana--------27
9. Himachal-------06
Original_app_mssg(2) Chinese currency
HONG KONG China's yuan has joined the ranks of the most traded currencies for the first time, underlining the growing might of the country's economy, the world's second-largest.
The yuan became one of the top 10 traded currencies in 2013, rising to No.9 on the list due to a "significant expansion" in offshore trading, the Bank for International Settlements said in a report Thursday. It's a sharp jump from the bank's last survey in 2010, when the yuan, also known as the
renminbi, was No. 17 on the list.
Turnover in trades involving yuan surged to $120 billion a day on average in April 2013, three and half times more than the $34 billion in 2010.
Still, that figure is dwarfed by the dollar, which accounted for about $4.7 trillion daily.
The Bank for International Settlements, which is an international organization of central banks, said the yuan along with the Mexican peso, which rose to No. 8, "saw the most significant rise in market share among major emerging market currencies."
China's leaders want the yuan to become an international currency and have been promoting its use as an alternative to the dollar. The yuan is not yet fully convertible but Beijing has been gradually loosening controls. It has started allowing companies to settle international transactions in yuan, signed currency swap deals with Pakistan, Thailand South Korea and others and has worked with financial centers such as London and Hong Kong to develop international hubs for
offshore trading of the currency.
Earlier this year, Australia and China agreed that their currencies could be directly exchangeable, making the Australian dollar the third major currency to have direct convertibility, after the U.S. dollar and Japanese yen. The deal eliminates the need to exchange Australian dollars for U.S.
dollars in order to buy yuan and vice versa.
In other findings, Singapore overtook Japan to become the biggest foreign currency trading center in Asia and the third largest in the world, behind Britain and the United States.
The report also found that the euro's international role has shrunk since the onset of the sovereign debt crisis in the 17-nation eurozone, with its market share falling.
In contrast, the yen's share of trading jumped. Research suggested most of the rise came ahead of aggressive measures by Japanese Prime Minister Shinzo Abe this year to revive Japan's economy that pushed down the currency's value.
The bank surveyed 24 currencies in 53 jurisdictions for its report.
© 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.

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