Posts

Showing posts from August 4, 2017

Sebi tells listed companies to disclose loan defaults within one working day

http://www.livemint.com/Money/8tATej18E9OvAKaYHU1U2I/Sebi-asks-listed-firms-to-inform-exchanges-on-loan-default-i.html

IOC to buy up to 50% stake in Adani backed Mundra LNG terminal for Rs750 cr

http://www.livemint.com/Companies/m60r5pnFXmJXbtzDFuIlbO/IOC-to-buy-up-to-50-stake-in-Adani-backed-Mundra-LNG-termin.html

Infosys declines Narayana Murthy’s request to make probe report public

http://www.livemint.com/Companies/qmPYlzG89MHcp6VtYEsjFJ/Infosys-declines-Narayana-Murthys-request-to-make-probe-rep.html

General Atlantic to buy out computershare from Karvy joint venture

General Atlantic to buy out Computershare from Karvy joint venture http://www.livemint.com/Companies/4ZZ0nRoWUyWPHIMLBprbeI/General-Atlantic-to-buy-out-Computershare-from-Karvy-joint-v.html

Ale -ag writes to PM modi on gm mustard debate

ABLE-AG writes to PM Modi on GM mustard debate http://www.livemint.com/Politics/UzHKaCdByVgBUJjf6o8H2H/ABLEAG-writes-to-PM-Modi-on-GM-mustard-debate.html

World bank bars indian pharma companies famy care and olive health care from receiving it's contracts

World Bank bars Famy Care, Olive Healthcare from receiving its contracts http://www.livemint.com/Industry/4fi9R90nS19cas0gmJgeUL/World-Bank-bars-Famy-Care-Olive-Healthcare-from-receiving-i.html

RBI’s MPC statement: An omission on China

N S Vageesh, Aug 03, 2017 The Reserve Bank of India’s monetary policy statement gives a bird’s eye view of global developments and the state of top economies in the world every two months and by extension the developments that have a bearing on the domestic economy. The statement normally contains a reference to the heightened risks that are visible across economies — both advanced and emerging — and although couched in generalisms, does flag those issues that can have a potential negative effect on our trade and commerce. This time, there was an expectation or perhaps curiosity about how the RBI would deal, in its international tour de force, on the border tension with China that has been dominating the headlines for the past month. China is, after all, our main trade partner with annual bilateral trade at about $71 billion, although weighted in their favour. A couple of thousand soldiers are said to be standing eyeball to eyeball at the Doklam plateau in the tri-jun

Notable growth in bitcoin market in India: Jaitley

K R Srivats, Aug 04, 2017 The Centre on Friday admitted that there has been a "notable growth" in the bitcoin market in India over the last few years. There is evidence that crypto currency/ bitcoins are being used in the country, Finance Minister Arun Jaitley told the Lok Sabha in a written reply. This is even as there are no regulations governing bitcoins in India. It may be recalled that the Reserve Bank of India had in February this year advised that it has not given any licence/ authorisation to any entity/ company to operate such schemes or deal with bitcoins or any virtual currency. Reference http://m.thehindubusinessline.com/news/notable-growth-in-bitcoin-market-in-india-jaitley/article9802341.ece

Govt plans Rs45,000 crore investment in north-east states

Aug 04, 2017 India on Thursday sought Japan's assistance in a slew of areas-tourism, skill development, food processing, infrastructure development as well as making buildings resistant to earthquake damage-in a bid to fast-track development in its north-east region. Addressing the first Japan-India Coordination Forum for Development of the North Eastern Region, Naveen Verma, secretary in the ministry for development of the north-eastern region, said India plans to spend Rs 45,000 crore for the development in the region bordering China, Bhutan, Bangladesh and Myanmar. “This is being spent in pockets. What we are looking at is the gaps, the gaps that are not being met either by the state plans or by our interventions,” Verma said, adding “that is an area where we can look at the scope of collaboration.” Verma noted that India's north-east had a lot of skilled manpower which “can certainly help boost the Japanese economy.” Given that the north-eastern regio

Onion price rise: After jump in tomato rates, now onion likely to cost more

FE Online, Aug 04, 2017 After a steep surge in prices of tomato, onion prices have also started rising rapidly. The cost of one kilogram of onion was trading at an average price of Rs 23 in Maharashtra’s Lasalgaon wholesale market on Thursday against Rs 12.70 per kg, The Indian Express reported today. Earlier this week the Reserve Bank of India (RBI) cut its benchmark repo lending rate by 0.25% points to 6%. The spike in onion prices has been sudden, just like the one people experienced in the case of tomatoes. It is despite the fact that Lasalgaon wholesale market recorded about 22,000 quintals of onion arrivals on Thursday as compared to 13,000 quintals in the preceding two days, according to The Indian Express report. Also as it is the month of ‘Shravan’ in the Hindu calendar when onion consumption is supposed to be low, it comes as another interesting part about the price spiral of the bulb. In fact, as per the report, the cost of the essential commodity quoted at an avera

समुद्र के रास्ते भारत के खिलाफ पाकिस्तान-चीन ने चली नई चाल

Aug 04, 2017 भारत के खिलाफ चीन और पाकिस्तान की नापाक साजिशों को लगभग पूरी दुनिया जानती है चाहे जम्मू-कश्मीर हो चाहे सिक्किम सीमा। इस बीच भारत के खिलाफ चीन और पाकिस्तान समुद्र के जरिए नई साजिश रच रहे हैं। एक निजी चैनल के मुताबिक पाकिस्तान के ग्वादर बंदरगाह से भारत में बड़ी मात्रा में ड्रग्स और नशीले पदार्थों की तस्करी का खुलासा हुआ है। पाकिस्तान के इस बंदरगाह पर चीन का नियंत्रण है। काफी समय से इस बात की आशंका जताई जा रही थी कि ग्वादर बंदरगाह का इस्तेमाल चीन आने वाले दिनों में भारत के खिलाफ करेगा जो इस खुलासे के बाद सच साबित हुआ। भारतीय कोस्ट गार्ड ने दो दिन पहले गुजरात में नशे की तस्करी के खिलाफ बड़ी कार्रवाई को अंजाम दिया है। कोस्ट गार्ड टीम ने एक विदेशी पोत से हेरोइन के जखीरे को बरामद किया। इस जहाज से 1500 किलो हेरोइन बरामद हुई जिसकी कीमत लगभग 3 हजार करोड़ रुपये से भी ज्यादा बताई जा रही है। समुद्र के रास्ते नशे की तस्करी के खिलाफ अब तक की यह सबसे बड़ी कार्रवाई बतायी जा रही है। चैनल के खुलासे में यह पता चला कि ये ड्रग्स पाकिस्तान के ग्वादर बंदरगाह से आबूधाबी होते हुए भारत प

भारत के लिए परेशानी बनेगी अमेरिका की नई आव्रजन व्यवस्था

Aug 04, 2017 भारत के लिए अमेरिका की नई आव्रजन व्यवस्था परेशानी का सबब बनने जा रही है। नई व्यवस्था में उन लोगों को ही इस देश में काम करने का मौका मिल सकेगा, जो हर तरह से योग्य व सक्षम होंगे। गौरतलब है कि अमेरिकी राष्ट्रपति डोनाल्ड ट्रंप आव्रजन नीति में बदलाव करने जा रहे हैं। अब एक नया एक्ट बनाया गया है। रिफार्मिंग अमेरिकी इमीग्रेशन फॉर स्ट्रांग इंप्लॉयमेंट (रेज) एक्ट के लागू होने के बाद ग्रीन कार्ड को हासिल करना भी मुश्किल हो जाएगा। बिल को सीनेटर टाम कॉटन व डेविड पेरड्यू ने तैयार किया है। अगर कांग्रेस इसे पारित कर देती है और ये कानून की शक्ल ले लेता है तो अमेरिका में केवल उन लोगों को प्रवेश मिल सकेगा जो उच्च शिक्षित व तकनीकी रूप से बहुत माहिर हो। अभी तक ग्रीन कार्ड हासिल करने के लिए लाटरी सिस्टम का सहारा लिया जाता है, लेकिन रेज के बाद अंक आधारित व्यवस्था अमल में आने लग जाएगी। जिन तथ्यों पर बहुत ज्यादा ध्यान दिया जाने लगेगा उनमें अंग्रेजी में दक्षता, शिक्षा, भारी भरकम तनख्वाह की नौकरी के प्रस्ताव व उम्र शामिल होगी। अमेरिका के राष्ट्रपति डोनाल्ड ट्रंप ने व्हाइट हाउस में कहा कि अ

Abu Dujana driving force behind AQIS, says Al Qaeda chief Zawahiri in new video message

Santosh Chaubey, Aug 04, 2017 Al Qaeda chief Ayman al-Zawahiri has confirmed that slain Al Qaeda commander Abu Dujana al Pasha was the driving force behind the formation of Al Qaeda in the Indian Subcontinent (AQIS). According to al-Zawahiri's new video message, released by Al Qaeda's propaganda arm As-Sahab and available on social media platforms including the Twitter handles of some terror monitors, al Pasha "united several jihadi groups belonging to the Indian Subcontinent". Abu Dujana al Pasha, also known as Abu Dujana al Basha, was Zawahiri's son-in-law and played a key role in Al Qaeda's terror operations. Reports say he was known as the "hidden commander" in Al Qaeda. Though relatively unknown to the outside world, al Pasha worked hard to establish AQIS. The US had declared him a Specially Designated Global Terrorist in 2009. Zawahiri had announced the formation (birth) of AQIS through a video message i

Hafiz Saeed to register Jamaat ud Dawah as political party, renames it as Milli Muslim League Pakistan

 Prabhash K Dutta,  August 3, 2017 Most wanted terrorist Hafiz Saeed has decided to launch his own political party. According to reports from across the border, Hafiz Saeed has decided to rename his terror outfit Jamaat ud Dawah as the Milli Muslim League Pakistan. Hafiz Saeed has planned to register the Milli Muslim League Pakistan as a political party with the Election Commission of Pakistan. The development assumes significance in the wake of the ouster of Nawaz Sharif as the Prime Minister of Pakistan after a Supreme Court order. On the other hand, Hafiz Saeed is known to have close relations with the Pakistani Army and the ISI. Incidentally, Pakistan Tehreek-i-Insaaf chief Imran Khan - the most vocal opponent of Nawaz Sharif - also finds himself in soup after a female party colleague accused him of sending obscene messages to women workers and leaders. Earlier this week, the Pakisan's Punjab government extended the house arrest of Jamaat ud Dawa (JuD) chief Hafiz

Demonetisation cat is out of the bag

M Y Siddiqui, August 3, 2017 A Parliamentary Committee on Demonetisation has submitted its report, which will be tabled during the Monsoon session of Parliament. Accordingly, the report calls demonetisation a blunder. Not a single objective has been met, it reportedly says. Findings of the Committee reveal no major black money was found. It says Finance Ministry accepts that only details of 4,172 crores of suspicious money which could be black. (Prime Minister Modi had predicted 5-7 lakh crores would have been black). According to the Committee’s findings, demonetisation had no effect on terror funding. Neither cashless nor was less cash society formed as Finance Ministry was projecting. People have shifted back to pre-November 8, 2016, level cash transactions. In a further revelation, the report says demonetisation killed small scale industries and major unorganised sector. Bhartiya Mazdoor Sangh, a trade union affiliate of BJP, has reported a loss of four crore jobs and

Pakistan constructing six dams in PoK with China's assistance

PTI,  Aug 03, 2017 Pakistan is constructing six dams on the Indus river in PoK with China's assistance and India has made demarches to both Islamabad and Beijing conveying that it is in violation of its sovereignty and territorial integrity, the Rajya Sabha was informed today.  According to the government's information, Pakistan is constructing six dams on the Indus river in Pakistan-occupied- Kashmir with assistance committed to those projects by China, Minister of State for External Affairs V K Singh said in a written reply.  "India has a clear and consistent position that these territories are illegally occupied by Pakistan and that any collaborative activity there is in violation of India's sovereignty and territorial integrity," he said.  "Accordingly, we have made demarches to both Pakistan and China conveying the position. The government will continue to maintain this position," Singh added.  Reference http://economictim

Jio phone will be made in china not india

https://phoneradar.com/jio-phone-will-made-china-not-made-india-intex/