Dear all,
Welcome.
Terrorist outfits: US had accepted India's demand of putting ban on Jamat-ud-Dawa(JUD) outfit. Also, two terrorists of Lashkar-e-Taiba had been declared as "Global terrorist". US foreign dept. had stated that Lashkar was declared a terrorist outfit during December 2001. But it had since then evading by changing names & it's people had been working under JUD. US Fin. ministry had stated that besides, economic ban had been put on two declared "Global terrorist". With declaration, US would have power to seize assets of JUD.
On the other hand JUD had rejected US action citing their organisation to be collecting donations only. It has no relations with Lashkar or any other terrorist outfit. Also, Lahore High Court & Supreme Court had given clean chit to it.
It is to note that United Nations had appealed Pakistan for taking action against JUD during 2008. JUD leaders are stated to have been conducting rallies. Earlier during 2012, prize worth 1 crore dollar was put on it's chief, Hafiz Saed.
Welcome.
Terrorist outfits: US had accepted India's demand of putting ban on Jamat-ud-Dawa(JUD) outfit. Also, two terrorists of Lashkar-e-Taiba had been declared as "Global terrorist". US foreign dept. had stated that Lashkar was declared a terrorist outfit during December 2001. But it had since then evading by changing names & it's people had been working under JUD. US Fin. ministry had stated that besides, economic ban had been put on two declared "Global terrorist". With declaration, US would have power to seize assets of JUD.
On the other hand JUD had rejected US action citing their organisation to be collecting donations only. It has no relations with Lashkar or any other terrorist outfit. Also, Lahore High Court & Supreme Court had given clean chit to it.
It is to note that United Nations had appealed Pakistan for taking action against JUD during 2008. JUD leaders are stated to have been conducting rallies. Earlier during 2012, prize worth 1 crore dollar was put on it's chief, Hafiz Saed.
SEBI: SEBI is in favour of self regulation on Mutual Fund industry amounting 10000 crore INR. At a MF summit, SEBI Chairman had stated that Self regulatory organisations (SRO) is in demand in MF industry. It is hoped that implementation would be done. Rules in regard to regulator distributor and investors consultant are being framed. Although, concept of SRO is challenged before Court.
Justice BN Srikrishna led Financial Planning Supervisory Foundation had brought the matter before the Court. It had argued stating that if company appoints SRO for controlling its agent and distributors, conflict of interest might occur. Pension fund arena should come under Mutual fund and Real Estate Investment trusts and infrastructure should extend offer to investors.
Justice BN Srikrishna led Financial Planning Supervisory Foundation had brought the matter before the Court. It had argued stating that if company appoints SRO for controlling its agent and distributors, conflict of interest might occur. Pension fund arena should come under Mutual fund and Real Estate Investment trusts and infrastructure should extend offer to investors.
Electricity projects: with the view to develop InterState High Voltage transmission capability, Electricity ministry had approved nine new projects worth 12,500 crore INR. These would be benefiting States of UP, MP, Haryana, Maharashtra, Chattisgarh etc.
Under the project, 765 KV lines would be laid which would be transmitting 2100 MW of electricity. Also, Substations of 765/400 KV range would be constructed.
These would be helping transmission of 660 MW from NTPC, Sepat, 1600 MW from Gadarwada & 1320 MW from Sasan. Haryana would improve such HV transmission. These projects would be developed on the basis of tariff based competitive bidding. During next three years, 28,000 MW InterState electricity transmission capability would be developed. By the year 2017, it would become 66000 MW. The Project costs of these would be 2525 crore for Gadarwada, 2473 crore for Seepat, 2360 crore for Gadarwada second phase with 2191 crore for Chattisgarh IPPS addition system and 1050 crore for Vindhyanchal five transmission line. It includes 823 crore INR project for Chattisgarh IPPS and 612 crore for 400 MW project for Neyvelli Lignite's TS project. Besides, Hyderabad's connectivity line of 396 crore INR and Northern region 35th scheme amounting 88 crore is also included.
Crime against women: US is in process of an agreement with India as regards crime against women as collective gangrape with murder of two Dalit women is heinous crime. Ambassador for issue had stated during Congressional hearing that process for having an agreement in this regard is going on. US Senators had expressed concern over recent gangrape incidents and had asked US govt. to talk to India. The gangrape incidents are fearful and Indian people had expressed reaction upon the issue. Talks regarding women empowerment is continuing. Obama administration is discussing upon gender based discrimination.
Senate foreign relations committee had organised a conference on "Crime against women & fighting discrimination" wherein Senator had stated that US Senators had been fearful that two minor girls were brutally killed after gangrape. Attacks on women folks is happening.
It is not only in India. In Pakistan, a 25 year pregnant women was stoned to death as she got married with her choice. Terrorist outfit, Boko Haram, had abducted 200 school girls in Nigeria.
India, Nigeria, Pakistan & US newspapers are ridden with such news. It had crossed social, economic, religion, education and international borders. Every one in three women is victim of such harrassment. Every one in five women is victim of gangrape. They are bereft of fundamental rights. Incidents like acid attack, forced marriage, gangrape, trafficking etc. are going on with women folks.
Under the project, 765 KV lines would be laid which would be transmitting 2100 MW of electricity. Also, Substations of 765/400 KV range would be constructed.
These would be helping transmission of 660 MW from NTPC, Sepat, 1600 MW from Gadarwada & 1320 MW from Sasan. Haryana would improve such HV transmission. These projects would be developed on the basis of tariff based competitive bidding. During next three years, 28,000 MW InterState electricity transmission capability would be developed. By the year 2017, it would become 66000 MW. The Project costs of these would be 2525 crore for Gadarwada, 2473 crore for Seepat, 2360 crore for Gadarwada second phase with 2191 crore for Chattisgarh IPPS addition system and 1050 crore for Vindhyanchal five transmission line. It includes 823 crore INR project for Chattisgarh IPPS and 612 crore for 400 MW project for Neyvelli Lignite's TS project. Besides, Hyderabad's connectivity line of 396 crore INR and Northern region 35th scheme amounting 88 crore is also included.
Crime against women: US is in process of an agreement with India as regards crime against women as collective gangrape with murder of two Dalit women is heinous crime. Ambassador for issue had stated during Congressional hearing that process for having an agreement in this regard is going on. US Senators had expressed concern over recent gangrape incidents and had asked US govt. to talk to India. The gangrape incidents are fearful and Indian people had expressed reaction upon the issue. Talks regarding women empowerment is continuing. Obama administration is discussing upon gender based discrimination.
Senate foreign relations committee had organised a conference on "Crime against women & fighting discrimination" wherein Senator had stated that US Senators had been fearful that two minor girls were brutally killed after gangrape. Attacks on women folks is happening.
It is not only in India. In Pakistan, a 25 year pregnant women was stoned to death as she got married with her choice. Terrorist outfit, Boko Haram, had abducted 200 school girls in Nigeria.
India, Nigeria, Pakistan & US newspapers are ridden with such news. It had crossed social, economic, religion, education and international borders. Every one in three women is victim of such harrassment. Every one in five women is victim of gangrape. They are bereft of fundamental rights. Incidents like acid attack, forced marriage, gangrape, trafficking etc. are going on with women folks.
Court rulings:
1. Vodafone: A PIL on Vodafone mediation matter is stated to heard by Court on July 1.
2. Satyam Infotech: IT company's scam involving fraud worth 9,000 crore INR would have it's hearing on verdict deliverance by CBI Spl. Court on July 28. As per CBI Spl. Public prosecutor, all accused had been told to be present during the hearing. It includes chief accused along with ten others.
Earlier, CBI had filed three charge sheets on April 7, 2009, Nov.24,2009 & January 7, 2010. During the hearing CBI had argued that it had committed fraud worth 14,000 crore INR by changing accounts. Satyam's counsel had stated that the accused is not responsible for fraud. All related documents are submitted to CBI.
With regards,
1. Vodafone: A PIL on Vodafone mediation matter is stated to heard by Court on July 1.
2. Satyam Infotech: IT company's scam involving fraud worth 9,000 crore INR would have it's hearing on verdict deliverance by CBI Spl. Court on July 28. As per CBI Spl. Public prosecutor, all accused had been told to be present during the hearing. It includes chief accused along with ten others.
Earlier, CBI had filed three charge sheets on April 7, 2009, Nov.24,2009 & January 7, 2010. During the hearing CBI had argued that it had committed fraud worth 14,000 crore INR by changing accounts. Satyam's counsel had stated that the accused is not responsible for fraud. All related documents are submitted to CBI.
With regards,
M.K.Pachraiya
Original_app_mssg(1) Financial Stability Report
RBI had stated that due to formation of stable govt., reforms in development is likely. Also, due to asset quality improvement & profit, banking system is improved.
In it's FSR, it is stated that risks for economy had slightly reduced but CAD & fiscal debt. could pose challenge to growth. It is stated that Bank's Capital Ratio had also been more than required. The Supply related problems need to be addressed to curb price hike. Due to high prices and lesser returns on financial sector investment, people are opting for better returns.
In it's ninth report, it is stated that recession & high prices had resulted in negative effect on savings investment balance. As per GDP, bank deposits per family is reduced. Expenditure on gold is increased. GDP per family savings during 2007-08 had been 12% which came down to 7% during 2013-14. During the period, purchase of valuables got increased. The report also states that 7 out of 8 quarterlies had seen difference in development and high prices. Development had been less than 5% but price rise had been high.
Original_app_mssg(1) Financial Stability Report
RBI had stated that due to formation of stable govt., reforms in development is likely. Also, due to asset quality improvement & profit, banking system is improved.
In it's FSR, it is stated that risks for economy had slightly reduced but CAD & fiscal debt. could pose challenge to growth. It is stated that Bank's Capital Ratio had also been more than required. The Supply related problems need to be addressed to curb price hike. Due to high prices and lesser returns on financial sector investment, people are opting for better returns.
In it's ninth report, it is stated that recession & high prices had resulted in negative effect on savings investment balance. As per GDP, bank deposits per family is reduced. Expenditure on gold is increased. GDP per family savings during 2007-08 had been 12% which came down to 7% during 2013-14. During the period, purchase of valuables got increased. The report also states that 7 out of 8 quarterlies had seen difference in development and high prices. Development had been less than 5% but price rise had been high.
No comments:
Post a Comment