Dear all,
Welcome.
Times person of the year: Times magazine had selected Ebola virus treatment making doctor as the Times person of the year.
Egypt: Egypt had translated Indian Constitution draft for its contribution towards maintaining democratic institutions. It's first ever Arabic translation had been issued by League of Arab States
Secretariat and Indian Embassy.
Arab had praised for making such constitution, who caters to all sections of society. It depicts religious and caste diversity which had been praised by organisers and persons prsent there.
Court ruling:
Nursery admission: Delhi High Court had put stay on abolishion of point system for nursery admission. The Justice Bench had cited that children aged three years have no doubts regarding discrimination and autonomy.
The next hearing is scheduled on January 15. It is to note that earlier HC single member bench had ruled onNov. 28 for cancellation of point system. Also, more autonomy was advocated for private schools.
The private schools were asked for making their own rules. The Delhi's Education ministry and NGO had gone against stated order.
Spectrum: Mobile services might go costlier as it is in demand by companies. TRAI had recommended for 23% increase in spectrum price.
The telecom. commission had fixed base price for 900 MHZ as 3,693 crore INR. CDMA for 800 MHZ is reserved price for 3646 crore INR. It is 17% more. During 2013, CDMA spectrum was not sold.
Coal mines: Central govt. had stated that it is not going to privatise coal mines. The Spl. provision bill 2014 seeks to re-auction coal blocks which had been cancelled by Supreme coal for allocation. It
would also improve coal sector. It would be replacing the ordinance made after Supreme Court's order for cancellation of allocation of 204 mines. TMC had opposed it uner rule 72(1) as it would pave the way for privatisation.
It is to note that 42 coal blocks which are in operation would have allocation cancelled on March 31, 2015. The Bank loans given to the private companies is under threat of getting converted into NPAs.
Basel III: The PSU banks would have lesser govt. stake but it could not be less than 52% against earlier stated 58%. The Banks would be able to raise capital for meeting Basel III norms. All Banks had been told to reduce stakes in phased manner. It would help banks get 1,60,825 crore INR. Central govt. would contribute 78,895 crore INR.
STP: Central govt. had asked States to set up Sewage treatment plants away from Ganges river. Under any rural plan, such permission would not be granted by Central govt. Water resources minister had visited many cities and aken this step. STPs located near rivers discharge their effluents without treatment thereby causing pollution. Also, report on 38 Sewage treatment plants had been sought.
Welcome.
Times person of the year: Times magazine had selected Ebola virus treatment making doctor as the Times person of the year.
Egypt: Egypt had translated Indian Constitution draft for its contribution towards maintaining democratic institutions. It's first ever Arabic translation had been issued by League of Arab States
Secretariat and Indian Embassy.
Arab had praised for making such constitution, who caters to all sections of society. It depicts religious and caste diversity which had been praised by organisers and persons prsent there.
Court ruling:
Nursery admission: Delhi High Court had put stay on abolishion of point system for nursery admission. The Justice Bench had cited that children aged three years have no doubts regarding discrimination and autonomy.
The next hearing is scheduled on January 15. It is to note that earlier HC single member bench had ruled onNov. 28 for cancellation of point system. Also, more autonomy was advocated for private schools.
The private schools were asked for making their own rules. The Delhi's Education ministry and NGO had gone against stated order.
Spectrum: Mobile services might go costlier as it is in demand by companies. TRAI had recommended for 23% increase in spectrum price.
The telecom. commission had fixed base price for 900 MHZ as 3,693 crore INR. CDMA for 800 MHZ is reserved price for 3646 crore INR. It is 17% more. During 2013, CDMA spectrum was not sold.
Coal mines: Central govt. had stated that it is not going to privatise coal mines. The Spl. provision bill 2014 seeks to re-auction coal blocks which had been cancelled by Supreme coal for allocation. It
would also improve coal sector. It would be replacing the ordinance made after Supreme Court's order for cancellation of allocation of 204 mines. TMC had opposed it uner rule 72(1) as it would pave the way for privatisation.
It is to note that 42 coal blocks which are in operation would have allocation cancelled on March 31, 2015. The Bank loans given to the private companies is under threat of getting converted into NPAs.
Basel III: The PSU banks would have lesser govt. stake but it could not be less than 52% against earlier stated 58%. The Banks would be able to raise capital for meeting Basel III norms. All Banks had been told to reduce stakes in phased manner. It would help banks get 1,60,825 crore INR. Central govt. would contribute 78,895 crore INR.
STP: Central govt. had asked States to set up Sewage treatment plants away from Ganges river. Under any rural plan, such permission would not be granted by Central govt. Water resources minister had visited many cities and aken this step. STPs located near rivers discharge their effluents without treatment thereby causing pollution. Also, report on 38 Sewage treatment plants had been sought.
Anti-Sikh riots: Modi govt. had decided to grant compensation of five lakh INR to 3325 victims of Anti-Sikh riots during 1984. The compensation would be additional. It would cost 166 crore INR.
It is to note that earlier Election Commission had sought clarification in this regard prior to elections citing Model Code of Conduct. HOme minister had clarified that decision had been pending.
It is being implemented after third stage of elections.
Earlier, UPA govt. had announced package of 717 crore INR to them during 2006. It included 3.5 lakh INR with financial support to loosers. A total of 517 crore was disbursed while 200 crore was
disputed amount.
With regards,
M.K.Pachraiya
Original_app_mssg(1) Russia
After formation of new govt. Russian premiere's visit to India for annual summit today is expected to have discussions on many projects including strategic ones. The agenda is wide and it could include
Civil nuclear cooperation, space tech, hydrocarbons, new fighter planes (5G), synthetic rubber production etc.
A delegation level talk would be held prior to signing of agreement. Around 15 agreements are expected. World diamond conference is also likely to be jointly inaugrated. Some features:
1. Civil nuclear deal for 25 plants by both countries.
2. Sukhoi super jet 100 and MS21 planes
3. Russian navigation satellite glossnas based
4. Komov 226 helicopter supply and production incl. tractors too.
5. Smart cities
6. Siberian Oil gas sector cooperation
7. oil export worth 30-50 lakh tonnes
Original_app_mssg(2) GSAT16
The communication Satellite was launched from French Kourou on
Monday after its launch being suspended twice earlier. The LAM was
started after it getting into orbit. It was run for 6081 secon. It
was established at 36,000 kms away from earth in Geo Stationary orbit.
The LAM would be started thrice for increasing it's path. The
transponders had been switched ON. The minimum height is of 16,005
kms.
Original_app_mssg(3) Economy
UNITED NATIONS (AP) — The global economy will grow by more than 3 percent in 2015 and 2016, the United Nations predicted Wednesday, but that growth will be uneven in some regions.
The U.N.'s annual economic report says growth edged up in 2014 at an estimated 2.6 percent.
The U.N. is forecasting 3.1 percent economic growth in 2015 and 3.3 percent growth in 2016.
The World Economic Situation and Prospects 2015 report says business investment will be a major driver in the United States, growth in the world's least developed economies will exceed the global average, and strong household consumption will keep East Asia the world's fastest growing region.
But troubles in the eurozone, including high unemployment, continue to hold back Western Europe; China's growth becomes more moderate; and Russia's economic activity is flat after it "came to a standstill" amid tensions over Ukraine.
Long-term unemployment remains a problem in many regions recovering from the Great Recession, the report says.
While "unexpected shocks" like the rise of the Islamic State group in the Middle East have hurt global recovery, the report says the effects so far have been limited because the global oil markets have remained stable. "Any actual or feared conflict-related decline in oil supplies(has been) offset by oil production increases, notably in the United States," the report says.
Among developed economies, the report says the United States will see 2.8 percent growth in 2015 and 3.1 percent in 2016. The European Union will edge up 1.7 percent in 2015 and 2 percent in 2016. Japan, hurt by lower private consumption caused by a higher consumption tax, will see just 1.2 percent growth in 2015 and 1.1 percent in 2016.
Among developing countries, the U.N. report says China will see 7.0 percent growth in 2015 and 6.8 percent in 2016. India will continue to drive the South Asian region with 5.9 percent growth in 2015 and 6.3 percent in 2016.
Large public investment projects are expected to help Latin American countries, with Brazil expected to grow 1.5 percent in 2015 and 2.4 percent in 2016. Mexico will see 3.4 percent growth in 2015 and 3.8 percent in 2016.
"Near-zero growth" is forecast for Russia in 2015, at just 0.2 percent, with 1.2 percent expected in 2016.
Africa has some of the strongest growth numbers, helped by investment and private consumption. Nigeria should see 6.1 percent in 2015 and 5.9 in 2016, and the continent overall is expected to see 4.6 percent in 2015 and 4.9 in 2016.
But the Ebola outbreak that has crushed economies in West Africa's Liberia, Sierra Leone and Guinea.
Original_app_mssg(3) Economy
UNITED NATIONS (AP) — The global economy will grow by more than 3 percent in 2015 and 2016, the United Nations predicted Wednesday, but that growth will be uneven in some regions.
The U.N.'s annual economic report says growth edged up in 2014 at an estimated 2.6 percent.
The U.N. is forecasting 3.1 percent economic growth in 2015 and 3.3 percent growth in 2016.
The World Economic Situation and Prospects 2015 report says business investment will be a major driver in the United States, growth in the world's least developed economies will exceed the global average, and strong household consumption will keep East Asia the world's fastest growing region.
But troubles in the eurozone, including high unemployment, continue to hold back Western Europe; China's growth becomes more moderate; and Russia's economic activity is flat after it "came to a standstill" amid tensions over Ukraine.
Long-term unemployment remains a problem in many regions recovering from the Great Recession, the report says.
While "unexpected shocks" like the rise of the Islamic State group in the Middle East have hurt global recovery, the report says the effects so far have been limited because the global oil markets have remained stable. "Any actual or feared conflict-related decline in oil supplies(has been) offset by oil production increases, notably in the United States," the report says.
Among developed economies, the report says the United States will see 2.8 percent growth in 2015 and 3.1 percent in 2016. The European Union will edge up 1.7 percent in 2015 and 2 percent in 2016. Japan, hurt by lower private consumption caused by a higher consumption tax, will see just 1.2 percent growth in 2015 and 1.1 percent in 2016.
Among developing countries, the U.N. report says China will see 7.0 percent growth in 2015 and 6.8 percent in 2016. India will continue to drive the South Asian region with 5.9 percent growth in 2015 and 6.3 percent in 2016.
Large public investment projects are expected to help Latin American countries, with Brazil expected to grow 1.5 percent in 2015 and 2.4 percent in 2016. Mexico will see 3.4 percent growth in 2015 and 3.8 percent in 2016.
"Near-zero growth" is forecast for Russia in 2015, at just 0.2 percent, with 1.2 percent expected in 2016.
Africa has some of the strongest growth numbers, helped by investment and private consumption. Nigeria should see 6.1 percent in 2015 and 5.9 in 2016, and the continent overall is expected to see 4.6 percent in 2015 and 4.9 in 2016.
But the Ebola outbreak that has crushed economies in West Africa's Liberia, Sierra Leone and Guinea.
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