Nuclear_Energy,China_sea,Court rulings,Govt._bonds,Nepal,

Dear all,
Welcome.
Nuclear Energy: India stood at 13th position in nuclear based electricity production world wide. As per IAEA, nuclear energy is also used to produce electricity. The Power Reactor Information System (PRIS) data suggests that India has 27 reactors inclusive of six under construction. India produces 9,41,413 GW electricity annually out of which 33232 GM is generated from nuclear plants. It is 3.53% of total electricity produced.
India govt. had recently approved two 3400 MW power projects besides other indigenous technology and international cooperation made such nuclear plants.
South-China sea: The dispute in South China sea had intensified with Vietnam deciding to include submarine fleet considering China's construction. It would house Russian missiles and would be first in South-East Asia. SPRI suggests that it had purchased it from Russia. These missiles have striking capability of 300 kms. These are water to surface missile and would have Chinese coastal cities under the range.
It is to note that China had made claims in South China sea region.
Court rulings:
1. MSME Minister of State had been freed of charges while hearing of a petition in regard to his comment on UPA head, Sonia's skin colour.
2. Jama masjid: A PIL seeking inclusion in protected monuments list was heard by Delhi High Court wherein ASI had filed affidavit stating that the then PM had, on Oct.20, 2004, wrote to Imam that directions had been issued to ASI for maintenance. The structure is not protected but it has historical significance and ASI had been doing maintenance since 1956. The next hearing is scheduled on may 6.
Govt. bonds: Central govt. had taken back it's proposal in regard to control of govt. bonds. Public date management had been controlled by RBI and it was discussed as loan disbursement and market activities road map is to be prepared by govt. An agency was suggested during budget presentation for handing over govt. bond regulation to SEBI.
Nepal: It had denied further intake of any foreign rescue teams as already sufficient numbers of teams are present. Nepal officials believe that there are adequate specialists as per United nations coordinator. The airport at Kathmandu faces problem of landing planes.
With regards,

 

M.K.Pachraiya
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TOKYO: The Bank of Japan's massive stimulus programme lowered real interest rates by slightly less than 1 percentage point, an estimate by the central bank showed on Friday.

"The actual improvement in economic activity and prices was mostly in line with the mechanism anticipated" by the quantitative and qualitative easing (QQE) programme, the BOJ said in a research note.

The BOJ compiled the estimates on the effect of its stimulus as two years have past since the launch of qqe which aims to accelerate inflation to 2 per cent by flooding markets with cash via aggressive asset purchases.

On Thursday, the BOJ rolled back the timeframe for reaching its 2 percent inflation target but refrained from expanding its stimulus programme, convinced a steady economic recovery will gradually nudge up prices.

 

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Towns and villages near the epicentre of Saturday's earthquake in central Nepal have suffered "almost total devastation", the Red Cross says.

Assessment teams say they have found survivors in a "desperate situation".

Nepal says 6,204 people are known to have died in the 7.8-magnitude quake and 13,932 were injured.

But the fate of thousands more in many remote areas remains unknown and the government has warned that the death toll could rise to more than 10,000.

Although rescue teams from Nepal and the international community are operating in the capital Kathmandu and the surrounding area, landslides and poor weather have hampered efforts to reach isolated districts. Aid is beginning to arrive in some of the worst-affected areas In Kathmandu, hopes of rescuing more trapped survivors are fading and the focus turns to recovering bodies - such as that of 14-year-old Anita's father, who died in a collapsed building. The home ministry says that 20 helicopters carrying relief have landed in the districts of Sindhupalchok, Dolakha, Rasuwa, Nuwakot, Dhading and Gorkha.

But correspondents say that there is a severe shortage of helicopters, and although China is expected to send more, Nepal has appealed to other countries for further aircraft.

On Thursday there was good news in the capital when a 15-year-old boy and a woman in her 20s were pulled from the wreckage of two collapsed buildings in Kathmandu.

But there has been growing anger at the government's response to the disaster, with a number of protests breaking out.

Media caption Large crowds cheered as a teenager emerged from the rubble, as Yogita Limaye report. The home ministry said on Friday that rescue and relief operations in Kathmandu would focus on devastated pockets of the city including the areas around the central bus terminal and around historic monuments - where there is a small chance people remain trapped in several collapsed tall buildings.

Searches will also be conducted for survivors around historic monuments in the ancient towns of Patan and Bhaktapur.

In a statement the International Federation of Red Cross and Red Crescent Societies (IFRC) said that Sindhupalchok, north-east of Kathmandu, stood out as one of the worst affected areas.

"One of our teams that returned from Chautara in Sindhupalchok district reported that 90% of the homes are destroyed," said Jagan Chapagain, head of IFRC's Asia Pacific division.

"The hospital has collapsed, and people are digging through the rubble with their hands in the hope that they might find family members who are still alive."

He added: "We can expect the situation to be the same if not worse in many other places where aid has not yet been delivered."

Up to 40,000 homes are believed to have been destroyed in Sindhupalchok, the IFRC said.

The World Health Organization estimated on Thursday that about 1,400 people had been killed there.

Shortages of food and water in the capital have forced thousands of workers to board buses and flee to their home towns and villages.

A lack of buses and the slow distribution of aid have led to clashes between protesters and riot police.

Aid officials say that in the months ahead Nepal faces challenges on numerous fronts in addition to the relief effort, including the reconstruction of collapsed latrines and the removal of the bodies of dead animals.

The UN has also warned of the challenges facing Nepal's farming community, which comprises up to two-thirds of the country's 27 million people.

It says that the quake destroyed seed stocks for the mid-May rice sowing season, as well as grains kept dry in stone storage huts that have now been razed to the ground.

If farmers miss this month's planting season, they will be unable to harvest rice - Nepal's staple food - until late 2016, the UN says.