Dear all,
Welcome.
Ship accident: A boat submerged in Yangtse river thereby causing death of 22 people at Eastern province, Xiangsu. It is to note that eight foreigners had been along with 25 passengers. Three people had been rescued. One Indian PIO from Singapore, four Indonesians and one each from Malaysia and Japan had boarded it. The boat was 30 metres long and 368 tonnes by weight. It was constructed by Anhai Bengbu Shenzau machinery company limited. It's route was not provided to officials.
Mars: A research on Mars atmosphere had revealed that red planet has got situation wherein human species would start dying within 68 days. The level of oxygen would start getting reduced. New techniques would be needed. MIT scientists had analysed data of Mars1 by which the company wants to make planet inhabited by 2024. Initially, two lakh applications had been received but around 1,000 people were shortlisted. Around 24 people would be finally selected for the mission. The realty show is expected to fetch some returns. It is to note that Dec.28 was celebrated as "Red Planet" day.
The mars atmosphere and human technology could render mission unsuccessful. After analysing oxygen, food and techniques, the 35 pages report mentions that the space crew members could die within a period of 68 days. The plants would produce insufficient quantity of oxygen. It is to note that the red planet is situated at a distance of 5.5 lakh crore kms and takes roughly 7-8 months to reach there.
Also, it is learnt that Opportunity rover is getting resetted upon it's own. It has traversed approx. 40 kms on Mars.
With regards,
Welcome.
Ship accident: A boat submerged in Yangtse river thereby causing death of 22 people at Eastern province, Xiangsu. It is to note that eight foreigners had been along with 25 passengers. Three people had been rescued. One Indian PIO from Singapore, four Indonesians and one each from Malaysia and Japan had boarded it. The boat was 30 metres long and 368 tonnes by weight. It was constructed by Anhai Bengbu Shenzau machinery company limited. It's route was not provided to officials.
Mars: A research on Mars atmosphere had revealed that red planet has got situation wherein human species would start dying within 68 days. The level of oxygen would start getting reduced. New techniques would be needed. MIT scientists had analysed data of Mars1 by which the company wants to make planet inhabited by 2024. Initially, two lakh applications had been received but around 1,000 people were shortlisted. Around 24 people would be finally selected for the mission. The realty show is expected to fetch some returns. It is to note that Dec.28 was celebrated as "Red Planet" day.
The mars atmosphere and human technology could render mission unsuccessful. After analysing oxygen, food and techniques, the 35 pages report mentions that the space crew members could die within a period of 68 days. The plants would produce insufficient quantity of oxygen. It is to note that the red planet is situated at a distance of 5.5 lakh crore kms and takes roughly 7-8 months to reach there.
Also, it is learnt that Opportunity rover is getting resetted upon it's own. It has traversed approx. 40 kms on Mars.
With regards,
M.K.Pachraiya
Original_app_mssg(1) Networth
The Reserve Bank today changed the definition of "networth" for entities authorised under the Payment and Settlement Systems Act.
"To have uniformity and clarity in respect of the computation of networth for an entity authorised under the Payment and Settlement Systems Act, it is advised that networth will consist of paid-up equity capital, free reserves, balance in share premium account and capital reserves representing surplus arising out of sale proceeds of assets," RBI said in a notification.
However, the networth would not have reserves created by revaluation of assets adjusted for accumulated loss balance, book value of intangible assets and deferred revenue expenditure, if any, it said.
The new definition would apply for the purpose of all approvals under the Payment and Settlement Systems Act.
Under the Act, an entity operating a payment system within the country has to obtain authorisation from RBI. The RBI has from time to time issued guidelines in respect of the eligibility criteria for authorisation of payment system operators, including PPI issuers, overseas principals for money transfer service scheme and card network operators, among others.
These entities have to comply with the requirements of minimum paid-up capital and net-worth, as applicable.
Original_app_mssg(1) Networth
The Reserve Bank today changed the definition of "networth" for entities authorised under the Payment and Settlement Systems Act.
"To have uniformity and clarity in respect of the computation of networth for an entity authorised under the Payment and Settlement Systems Act, it is advised that networth will consist of paid-up equity capital, free reserves, balance in share premium account and capital reserves representing surplus arising out of sale proceeds of assets," RBI said in a notification.
However, the networth would not have reserves created by revaluation of assets adjusted for accumulated loss balance, book value of intangible assets and deferred revenue expenditure, if any, it said.
The new definition would apply for the purpose of all approvals under the Payment and Settlement Systems Act.
Under the Act, an entity operating a payment system within the country has to obtain authorisation from RBI. The RBI has from time to time issued guidelines in respect of the eligibility criteria for authorisation of payment system operators, including PPI issuers, overseas principals for money transfer service scheme and card network operators, among others.
These entities have to comply with the requirements of minimum paid-up capital and net-worth, as applicable.
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