
Wednesday, May 11, 2011
Absolute emission cuts not possible now: Jairam

Harikrishna, Harika win Gold at Asian Individual Chess Championships
Grandmaster P. Harikrishna and double GM norm holder D Harika have won the Gold in the Asian Individual Chess Championships in Mashhad in Iran. P Harikrishna won the coveted yellow metal in the open's section while D Harika claimed the honor in the women's section. With this feat, both Harika and Harikrishna have also made it to the next world championship cycle. Harikrishna defeated Zhao Jun of China in the last round to emerge as the champion. Harika too won her last round game against Chinese Tan Zhongyi to end as a winner. Apart from Harika, Eesha Karavade also came up with an inspired performance to win the bronze medal in the women's section.
Courtesy : AIR
Approval for FDI in Limited Liability Partnership firms
The Cabinet Committee on Economic Affairs today approved the proposal to amend the policy on allowing Foreign Direct Investment (FDI) in Limited Liability Partnership (LLP) firms. The FDI in LLPs will be implemented in a calibrated manner, beginning with the ‘open’ sectors where monitoring is not required, subject to the following conditions:
Review of Utilization of 13th Finance Commission Grants

Amendment to the Administrators-General Act, 1963
The Union Cabinet today approved the proposal to amend the Administrators-General Act, 1963 to raise the monetary limit from Rs. two lakh to Rs. ten lakh by introducing the Administrators-General (Amendment) Bill, 2011 in the ensuing session of Parliament.
Workshop on Disaster Scenario of the North East gets Underway

To Achieve Sustained GDP Growth Rate of 9 to 10 Percent with Fiscal Prudence and Moderate Inflation is a Major Challenge : Pranab Mukherjee
The Union Finance Minister Shri Pranab Mukherjee said that there are three major challenges before us today. The Finance Minister said that the first major challenge is how to bring entire society especially the poor and vulnerable section of society in the ambit of development process so that everyone shares fruits of benefit of growth and development. Shri Mukherjee said that the second major challenge is to achieve sustained GDP growth at the rate of 9 to 10 percent with fiscal prudence and moderate inflation. Third major challenge is how to develop flexibility in our economic system so that we are not adversely affected or affected to minimum extent due to global economic developments and external shocks. Shri Mukherjee was addressing the probationers of the Indian Economic Service((IES), here today.
Indian Diplomacy to Acquire a Decisive Economic Perspective to its Thinking and Strategic Approach; 2011 to See an Improvement in World Economy: says Pranab Mukherjee
The Union Finance Minister Shri Pranab Mukherjee said that Indian diplomacy has to acquire a decisive economic perspective to its thinking and strategic approach. Elaborating the same, the Union Finance Minister said while anchoring our foreign policy primarily in the promotion of our national self-interest, we need to engage with our partners in a manner that we create strong mutual stakes in each other’s development process, in general, and economies in particular. He said that we have to ensure that our interests and security are safeguarded and promoted. The Union Finance Minister Shri Pranab Mukherjee was addressing the senior officials of Indian Foreign Service (IFS) here today. He said that as a stakeholder in the international system, we need to manage the changes that are underway so that our political and economic interests are not compromised. Shri Mukherjee said that we have to prepare ourselves strategically and with the help of requisite expertise address the issues before the international community and contribute in shaping a more equitable, secure and progressive world order. The Finance Minister said that this necessitates an open mind and willing hands to bring about the change and the required momentum in our thinking and in our skills to address these challenges.
GoM set up to project govt policies in media
Prime Minister Manmohan Singh has set up a seven-member Group of Ministers to project the government's point of view effectively on various events on daily basis.The Group, headed by Home Minister P Chidambaram, includes Health Minister Ghulam Nabi Azad, I and B Minister Ambika Soni, HRD Minister Kapil Sibal, Parliamentary Affairs Minister Pawan Kumar Bansal, Water Resources Minister Salman Khursheed and MoS in PMO V Narayanasamy.
Iran agrees to resume talks on controversial nuclear programme
Iran said it has formally agreed to resume talks on its controversial nuclear programme with six major powers which have been stalled since January. According to Iranian Press TV, Iran's top nuclear negotiator Saeed Jalili has replied to a letter by the European Union foreign policy chief Catherine Ashton in this regard. Jalili said in his letter that respecting the nation's rights and refraining from pressure are the two main pillars of cooperation.Iran and the P5+1 nations had held two rounds of multifaceted talks in Geneva in December 2010 and in the Turkish city of Istanbul last January.
Courtesy : AIR
The burden of debt - Opinion
In its recent monetary policy statement the RBI has met analyst expectations by raising the repo rate by half a percentage point (or 50 basis points) from 6.75 to 7.25 per cent. As a result, the repo rate today is two percentage points higher than the 5.25 per cent it was set at a year back, on April 24, 2010. The central bank is clear about the intent of its manoeuvre. Its statement issued on May 3 notes: “Over the long run, high inflation is inimical to sustained growth as it harms investment by creating uncertainty. Current elevated rates of inflation pose significant risks to future growth. Bringing them down, therefore, even at the cost of some growth in the short-run, should take precedence.”
EU ban on herbal medicines
India has, so far, failed to get any assurance from the European Union to reconsider its ban on Indian herbal medicines even though the issue was raised at the EU through the official channel several times.The ban has come into effect from May 1, 2011, following a new EU regulatory procedure that was approved seven years back.
Australia and India to deepen economic partnership Anand Sharma raises issue of safety of India Students in Australia

Highlights of Civil Services (Exam), 2010

Protecting Biodiversity of the Eastern Ghats - Feature

US lawmaker introduces legislation to cut off aid to Pak

SC vacates its ban on publishing Amar's tele tape contents

Govt to assess economic growth impact on environment
The government on Monday said it will soon set up of an expert group to evaluate impact of economic growth on environment as part of its efforts to bring in institutional reforms and improve environmental governance."Planning Commission and Environment Ministry are very soon going to set up a high-level expert group under the chairmanship of (environmental economist) Partha Dasgupta of Cambridge University," Environment Minister Jairam Ramesh told reporters in New Delhi.
Gulf bloc welcomes more kings, demands Yemen deal
The six Gulf monarchies have responded to Arab uprisings by agreeing to expand their regional grouping to include pro-Western Jordan and Morocco and urged a quick political deal in Yemen.The Gulf Cooperation Council (GCC) welcomed bids by the two Arab kingdoms to join the six-nation grouping of Gulf monarchies, its secretary general Abdullatif al-Zayani said."Leaders of the GCC welcomed the request of the Hashemite Kingdom of Jordan to join the council and instructed the foreign ministers to enter into negotiations to complete the procedures," Zayani told reporters on Tuesday.He said the same procedure would be followed with Morocco.
SC dismisses CBI's curative petition on Bhopal
In an apparent setback to the campaign for those seeking stringent punishment for the accused in the Bhopal gas disaster, the Supreme Court dismissed CBI's curative petition against an earlier apex court judgement that diluted charges against the accused.A five-judge constitutional bench, headed by Chief Justice S H Kapadia, however, left a window of opportunity open saying the pending proceedings before the Sessions court against the Chief Judicial Magistrate's judgement awarding two years sentence to the accused, including Union Carbide India Chairman Keshub Mahindra will not be influenced by any order passed by it.
India, Pakistan begins talks on Wullar barrage-Tulbul project
India and Pakistan began a four-day talks in Islamabad on Wednesday on the Wullar barrage-Tulbul navigation project as part of the bilateral dialogue process that was revived earlier this year after a two-year gap in the wake of the Mumbai terror attacks.The Indian side is being led by Water Resources Secretary Dhruv Vijai Singh while Water and Power Secretary Javed Iqbal heads the Pakistani team.Indian High Commissioner Sharat Sabharwal met Secretary Iqbal on Tuesday ahead of the parleys.
WikiLeaks founder Assange awarded top Sydney peace prize
WikiLeaks founder Julian Assange has been awarded the Sydney Peace Foundation's Gold Medal for "exceptional courage in the pursuit of human rights".According to a Foundation statement today, veteran Australian broadcaster Mary Kostakidis praised WikLeaks as an "ingenious and heroic website that has shifted the power balance between citizen and the state by exposing what governments really get up to in out name".Acknowledging that "exposing secrets can be dangerous business", Kostakidis thanked Assange for his "heroic courage" as a whistleblower to take "great risks for our benefit".
Internet giant Google 'to make bulbs and dishwashers'

India's first 'Rock Theme Park' in Kerala to woo tourists
A 1000-feet high rocky hill cluster at Chadayamangalam in south Kerala, believed to be connected with mythical character 'Jatayu' in epic Ramayana, will woo tourists as the country's first 'Rock Theme Park'.According to local tradition, the rock, 'Jatayupara' in Kollam district, is the place where the mythical bird 'Jatayu' fell after its wings were slain by the ten-headed Ravana by his lethal sword 'Chandrahasam'.As per the epic, Ravana, who ruled Lankapuri (Sri Lanka), chopped off one of the wings of the bird when it tried to block his airship 'Pushpaka Vimanam' in which he was forcibly taking away Rama's consort Sita.The project is a blend of ecological and epic tourism and the state government, through this public-private partnership venture, is building a high-tech theme park on the rocky terrain with a mammoth statue of 'Jatayu' as its core.
Major disinvestment offer to begin in June

Facebook users’ account details inadvertently leaked: Symantec

Bhopal case: Supreme Court ruling today

Courtesy : The Hindu
Registration for Amarnath pilgrimage begins

India reacted strongly to Pakistan terming New Delhi's demand for action against all those responsible in the 26/11 Mumbai attacks as outdated

Binayak Sen on Planning Commission Committee
Within weeks of getting bail from the Supreme Court in connection with charges of sedition, human rights activist Binayak Sen has been made member of the Planning Commission's Steering Committee on Health, which will advise the panel on the Twelfth Five-Year Plan (2012-2017).Binayak Sen, who was released on bail from the Raipur jail last month, will, based on his experience of having worked as a paediatrician in Chhattisgarh's tribal belt, provide his input on the health of tribal children. He will represent the Bilaspur-based healthcare organisation, Jan Swasthya Sahyog.
All eyes in the Congress on May 13

CNN-IBN survey gives LDF the edge in Kerala but the worst in Bengal
In Kerala, the CNN-IBN survey says the Left Democratic Front (LDF) is placed marginally ahead, but the verdict is too close to call, while Headlines Today gave the Congress-led UDF a clear majority.
Assam is likely to give the Congress a third term in power, according to CNN-IBN, while it could be a hung verdict in the prediction made by Headlines Today.
Assam is likely to give the Congress a third term in power, according to CNN-IBN, while it could be a hung verdict in the prediction made by Headlines Today.
In West Bengal, according to CNN-IBN, the Trinamool Congress-Congress alliance is set to sweep the elections, while it will be a mixed verdict in other States.
A CNN-IBN-CSDS survey has projected an edge for the AIADMK-led alliance in the Tamil Nadu Assembly elections, while Headlines Today predicted a close race between the AIADMK and DMK-led combinations.
Are centums the mark of academic excellence?

Norms of service tax on food in hotel restaurants clarified

No conflict, just friendly forays

Concern over impact of Internet control rules on free speech

Transplant patient happy with new features

Obama authorised assault team to fight its way out

“Hawkish” statements define India's post-Osama stand in Pakistan
The “sabre-rattling” from different quarters in the Indian civil and military hierarchy has reinforced the growing perception in Pakistan that a hawkish security mindset and establishment is determining the mainstream narrative in India vis-à-vis Pakistan and the well-meaning Prime Minister Manmohan Singh may not be able to stay the course of dialogue.
GCC trade highlights global economic shifts

Site of proposed Nirma plant a wetland, must move: MoEF
In a victory for the farmers of Gujarat's Bhavnagar district, the Environment Ministry has decided that the site of Nirma Industries' proposed cement plant there is a wetland and an environmentally sensitive area. The plant will have to be relocated, the Ministry told the Supreme Court on Tuesday.The Ministry accepted the report of an expert body of five scientists which visited the site and concluded that the land allotted to Nirma by the Gujarat government was a “wetland,” despite the revenue classification of the area as “wasteland.” It is a coastal saline natural ecosystem, which after the construction of a dyke or bandhara, has been converted into a freshwater ecosystem.
More grain for BPL families in two weeks, Centre informs court

Shaan, Tobacco Control Ambassador of India

Courtesy : The Hindu
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