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POLITY-DAILY-NEWS-02-08-2016
Anandiben offers to quit as Gujarat chief minister
About two months ahead of her 75th birthday, Anandiben Patel has offered to step down as Gujarat’s first woman chief minister. In a social media post, she asked the Bharatiya Janata Party (BJP) leadership to relieve her of the top responsibility in the state. Citing examples of party members who have stepped down after attaining the age of 75, Anandiben Patel said she was following the same. “Since sometime, senior party
ECONOMICAL-DAILY-NEWS-02-08-2016
Kerosene, LPG prices to be raised every month
The government decided to increase retail prices of subsidised cooking gas and kerosene on a monthly basis.
In a policy change that has been slipped in quietly, the price of kerosene sold through the public distribution system and domestic LPG cylinders would be increased every month. Kerosene price has been raised by 25 paise from August 1 and that of LPG by Rs 1.93 a cylinder, to narrow losses from selling below market
Government clears 89 single-brand retail, 1 multi-brand proposals
NEW DELHI: Government today said it has approved 89 proposals for foreign investment in single brand retail trading (SBRT) and one in the multi-brand sector up to March. "The government has approved 89 proposals for foreign investment in single-brand retail trading and one for foreign investment in the multi-brand retail trading sector up to March 2016," Commerce and Industry Minister Nirmala Sitharaman said in
India plans to set up SEZ in Myanmar
NEW DELHI: It is not just Iran's Chabahar port and connectivity to Eurasia that has caught attention of the Modi government. India plans to set up a SEZ in Sittwe in Myanmar where it has already built a port. The proposed SEZ by India will rival Chinese SEZ located 80 km down of strategically-located Sittwe as Delhi plans to make it as an economic hub. The aim of the SEZ is to help expand India's footprints in South East
Investors Say Brexit May Affect India's Trade, Currency: India Ratings
New Delhi: Brexit is likely to impact global growth and capital flows, which will have implications on India's currency, trade and current account, says a survey of fixed-income investors in the country. The survey by India Ratings and Research (Ind-Ra) also said that majority of investors expect the bad loan stress in the banking system to end. However, 26 per cent (investors) believe it would end only in FY 2018-19 and 22
BANKING-DAILY-NEWS-02-08-2016
RBI ushers in on-tap bank licence
In what could be Raghuram Rajan’s last banking reform before he bows out in the first week of September, the Reserve Bank of India (RBI) on Monday released the final guidelines for on-tap licensing of universal banks in the private sector, under which it ring-fenced the banking system from large industrial houses, excluding them from floating banks in the future. But conglomerates have been allowed to hold up to 10 per
APPOINTMENT-DAILY-NEWS-02-08-2016
Lt Gen Bipin Rawat to be new Army vice-chief
NEW DELHI: The government has finally cleared the names of Lt General Bipin Rawat as the new Army vice chief from September 1, while Lt Gen P M Hariz will replace him as the Southern Command chief. The force on Monday also got a new signal officer-in-chief in Lt Gen A R Prasad. But the suspense over some other top-level crucial appointments continued despite the Chandimandir-based Western Army Command,
Air Marshal B Suresh Assumes Appointment of AOP
Air Marshal B Suresh AVSM VM assumes charge as Air Officer-in-Charge Personnel (AOP) at Air Headquarters today. A graduate of the 'Rashtriya Indian Military College', Dehradun and 'National Defence Academy' Kharakvasla, the Air Marshal was commissioned as a fighter pilot in the Indian Air Force on 13 Dec 1980. He is a meritorious graduate of the 'Tactics and Air Combat Development Establishment'
SCIENCE AND TECHNOLOGY-DAILY-NEWS-02-08-2016
NASA will launch spacecraft to bring samples from asteroid:
US space agency NASA will launch a spacecraft in September to a near-Earth asteroid known as Bennu to harvest a sample of surface material and return it to the Earth to scan for signs of life. NASA’s OSIRIS-REx spacecraft will measure the spectral signatures of Bennu’s mineralogical and molecular components. Ideally, the sample will come from a region in which the building blocks of life may be found. OVIRS (OSIRIS-REx
LEGAL-COURT BILL-ACT-DAILY-NEWS-02-08-2016
Lok Sabha passes bill to fast track debt recovery
NEW DELHI: The Lok Sabha has passed a Bill that amends four different Acts, seeking to expedite disposal of debt recovery applications that can take many years under the current regime. The changes will strengthen the insolvency framework that is being implemented through the Insolvency and Bankruptcy Code passed by Parliament in May. "One of the big challenges that we face is with regard to the enforcement of
LS clears Bill for speedy recovery of bad loans
The Lok Sabha on Monday passed a Bill, which provides for expeditious recovery of bad loans by banks. The Bill, passed by voice vote, also proposes to move towards online debt recovery tribunals (DRTs). The Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016, seeks to amend four laws -Securitisation and Reconstruction of Financial Assets and Enforcement
Parliament passes NIT, Science Education & Research (Amendment) Bill, 2016
The Parliament has passed the National Institutes of Technology, Science Education and Research (Amendment) Bill, 2016. The bill was first passed in Lok Sabha in July 2016 and later in Rajya Sabha in August 2016. Now the bill will go for presidential assent as per Article 111 of Constitution. Key Facts The Bill seeks to establish the National Institute of Technology (NIT), Andhra Pradesh as an institute of national
Strategic Forces Command exempted from ambit of RTI Act, 2005
The Strategic Forces Command (SFC), which forms part of the National Command Authority (NCA), was on 30 July 2016 added to the Second Schedule of the Right to Information Act (RTI), 2005. In this regard, Union Government issued a notification mentioning SFC has been brought under sub-section (2) of Section 24 of the RTI. The Section 24 of the RTI exempts security and intelligence establishments from its purview.
ENVIRONMENT-DAILY-NEWS-02-08-2016
Day isn’t far when people will need to carry oxygen cylinders, warns NGT
Voicing concern over environment degradation, the National Green Tribunal (NGT) today observed that people will soon need to carry oxygen cylinders as it pulled up authorities in Himachal Pradesh for not planting a single tree after clearing a forest area for a road project. "Half of the country is facing floods and half of the country is dry. Temperature of Shimla is going up. Show us one tree which you have planted. Will
SPORT-DAILY-NEWS-02-08-2016
Serbian Novak Djokovic and Simona Halep of Romania on 31 July 2016 won men’s and women’s singles title in the 2016 Rogers Cup. The Rogers Cup also known as Canadian Open/Masters was held in Toronto (for men) and Montreal (for women) from 25 July to 31 July 2016. The men's competition is a Masters 1000 event on the Association of Tennis Professionals (ATP) tour. The women's competition is a Premier 5
R Ashwin becomes No. 1 Test bowler
India off-spinner Ravichandran Ashwin has surged to the top of the MRF Tyres ICC player rankings for Test bowlers after a superb outing in the first Test against the West Indies in Antigua which the visiting side won by an innings and 92 runs. Ashwin, who was top-ranked in the 2015 year-ending rankings, not only regained the top spot with his second-innings haul of seven for 83 but has also gained in the batsmen’s
Novak Djokovic wins 2016 ATP Toronto Masters
Novak Djokovic (World no 1) from Serbia has won the 2016 ATP Toronto Masters also known as the Rogers club title in the men’s single category. In the final match, he defeated Kei Nishikori (World no 6) of Japan by 6-3, 7-5 score. It was Djokovic’s his 66th career title and fourth Canadian title (won in 2007, 2011 and 2012). Women’s singles title Simona Halep (World no 5) of Romania won the Rogers club title in
Wrestler Narsingh Yadav gets NADA’s clean chit in doping case
The National Anti-Doping Agency (NADA) has given clean chit to wrestler Narsingh Yadav in the doping case. With this he can participate in 2016 Rio Olympics. Narsingh Yadav was given clean chit after the NADA disciplinary panel exonerated him from charges of violating anti-doping rules of NADA. It was found that the wrestler was a victim of sabotage done by a competitor and there is no fault and negligence on
AWARD AND HONOUR -DAILY-NEWS-02-08-2016
Ladies night! Femina honours the South Indian super women achievers
Femina Power List South 2016 awards, held in Bengaluru on July 24, saw south India's most powerful women achievers being feted for their outstanding achievements. Among the winners were Sudha Murthy, Sharmila Nicollet and Anjum Hassan. Here is a glimpse of the event.
UK Ex-PM David Cameron Under Fire Over Resignation Honours List
LONDON: Former British prime minister David Cameron was under fire on Monday from the opposition Labour party over allegations that he used his resignation honours list to reward colleagues and friends. Cameron had resigned on June 24, the day the results of the Brexit referendum on Britain's membership of the European Union were revealed in favour of an exit from the EU. An outgoing British premier has the right
Oldest elephant in Kerala set to enter Guinness World Records
Dakshayani, an 86 year old elephant who is set to enter Guinness Records as the world’s oldest living elephant, was honoured in Thiruvananthapuram, the capital of Kerala. According to news agency IANS, the elephant belongs to the Travancore Devaswom Board (TDB) which controls a large number of temples in the state including the famed Sabarimala temple of Lord Ayyappa. Reports suggest that the TDB has applied
UP CM Akhilesh Yadav honours Vishal Bhardwaj with Yash Bharti Award
Uttar Pradesh Chief Minister Akhilesh Yadav on Monday honoured film-maker Vishal Bhardwaj with Yash Bharti Award. Vishal Bhardwaj, who has won major several awards in his career, has added one more feather to his cap with this award. The respectable award was presented to the film-maker for his outstanding contribution to art and cinema. The 'Haider' director, who was accompanied with his singer wife
Madhya Pradesh and Kerala among the big winners at the National Tourism Awards
Madhya Pradesh won the first prize in the category of Best State/Union Territory for Comprehensive Development of Tourism for being able to provide a complete and varied travel experience to tourists. The official awarding criteria by Ministry of Tourism stated, "With emphasis on better infrastructure especially in the field of power and roads, destinations in MP have become more accessible and tourist friendly. The state
Gujarat grabs three awards in National Tourism Awards 2014-15
Gujarat has been adjudged the winner of the Best Film Promotion Friendly State Award 1st Prize, the State for Most Innovative Use of Information Technology – Social media / Mobile App Award and the Best State for Comprehensive Development of Tourism Award under the National Tourism Awards 2014-15. It is the third straight victory for the Gujarat under the Best Film Promotion Friendly State category while it has been
Jayaprakash Reddy honoured with Jandhyala Award
Film actor Jayaprakash Reddy was honoured with the Jandhyala Memorial Award at the valedictory of the 21st State-level comedy playlet competition held at Siddhartha Auditorium in the city on Sunday. Sumadhura Kalaniketan organised the three-day comedy playlet contest as part of its 43rd anniversary celebrations. Participating in the award presentation function, Deputy Speaker of Assembly Mandali Buddha Prasad
Karnataka wins accolade at National Tourism Awards
The Department of Tourism, Government of Karnataka was conferred with the '3rd place for the Best State/UT in Comprehensive Development of Tourism'. Priyank Kharge, Minister for IT & BT and Tourism, along with Dr. N Manjula, IAS, Director, Department of Tourism, received the award from Sumitra Mahajan, Speaker of Lok Sabha. Dr. Mahesh Sharma, Union Minister of State for Tourism (Independent
DEFENCE -DAILY-NEWS-02-08-2016
Now, IAF to fit all AN-32s with underwater locators
NEW DELHI: The Indian Air Force is now scrambling to install underwater locator beacons in its older transport aircraft, which are tasked to fly over the sea, after failing to locate the AN-32 that went down with 29 people in the Bay of Bengal on July 22. The ill-fated AN-32, which crashed in an area where the average sea depth is well over 3,000-metre, had been fitted with emergency locator transmitters (ELT) or beacons
Indian, Chinese troops hold border meetings in Ladakh, vow to maintain peace
Indian and Chinese troops on Monday held a ceremonial Border Personal (BP) meeting along Sino-India border in Ladakh sector of Jammu and Kashmir and agreed to uphold treaties and agreements signed between the two sides to maintain peace and tranquility along the Line of Actual Control (LAC). “Both sides also sought to build on the mutual feeling to uphold the treaties and agreement signed between the
GOVERNMENT SCHEME-DAILY-NEWS-02-08-2016
Union Government caps prices of 24 essential drugs
The Union Government has capped the prices of 24 essential drugs used for treatment of cancer, HIV, bacterial infections, anxiety and cardiac conditions. In this regard, the Drug pricing regulator National Pharmaceutical Pricing Authority (NPPA) has issued an order. It revised ceiling prices of 24 scheduled formulations of schedule-I under Drugs (Price Control) Amendment Order, 2016. With this cost of these 24
Parliament passes Indian Medical Council (Amendment Bill), 2016
The Parliament has passed Indian Medical Council (Amendment) Bill, 2016 to conduct of uniform entrance examination for admission to all medical educational institutions. The bill seeks to replace the Indian Medical Council (Amendment) Ordinance, 2016 and its provisions will come in to force retrospectively from May 24, 2016. Key Features of Bill Introduction of a uniform entrance examination for all medical educational
PM Modi sets up a virtual digital cabinet
Prime Minister Narendra Modi has redefined many aspects of the PM office with his approach and active deployment of smart technologies, especially modern communication tools. Now he has set up a virtual digital cabinet as he communicates with all the cabinet colleagues via mobile app. This allows free flow of uninterrupted and secure information between the cabinet ministers without the formal requirement of
Union Government constitutes DISHA for timely implementation of Central Schemes
The Union Government has constituted the District Development Coordination and Monitoring Committee (DDCMC) for effective development and coordination of Central Government’s programme. It will be known as DISHA and first meeting will be held on August 13, 2016. It will monitor the implementation of 28 schemes and programmes of Union Ministry of Rural Development and other Ministries to promote synergy
Government Seeks Approval For Rs 1 Lakh Crore Extra Spending
New Delhi: The government on Monday sought parliament's approval to spend an extra Rs 1.03 lakh crore ($15.43 billion) in the fiscal year ending in March 2017. In a supplementary demand for grants laid before parliament by the finance ministry, the government said net cash outgo would be Rs 20,948 crore. The additional expenditure includes Rs 5,000 crore for a rural jobs programme, about Rs 4,200 crore for road
Namami Gange Projects Worth Rs. 400 crore Approved
In another major step towards implementation in Namami Gange in mission mode the empowered steering committee (ESC) of National Ganga River Basin Authority (NGRBA) today approved various projects worth Rs. 400 crore (approx). The projects include development of ghats and crematoria in the stretch from Rudraprayag to Guptkashi (Uttrakhand), rehabilitation/development works of ghats and crematoria at
MoC launches Twitter Sewa to address the complaints of common man.
Sewa to provide a transparent, clean, responsive and accountable administration-Manoj Sinha . Hon’ble Minister of Communications Sh. Manoj Sinha today launched “Twitter Sewa” for addressing the complaints and concerns of common man and other stake-holders in the telecom and postal sectors. The twitter handle of the Minister will be @manojsinhabjp. Launching the Sewa here, Shri Sinha said that this is in tune with
Pradhan Mantri Rojgar Protsahan Yojana
A new scheme “Pradhan Mantri Rojgar Protsahan Yojana”(PMRPY) has been announced in the Budget for 2016-17 with the objective of promoting employment generation and an allocation of Rs. 1000 crores has been made. The scheme is being implemented by the Ministry of Labour and Employment in 2016-17. Under the scheme employers would be provided an incentive for enhancing employment by reimbursement
PM Modi lauds Swachh Bharat Gramin August campaign
New Delhi, Aug 2 (IBNS): Prime Minister Narendra Modi on Tuesday lauded the Swachh Bharat Gramin August campaign as a great initiative. The Prime Minister said that the cleanliness drive is set to eradicate open defecation. "Launch of @SwachhBharat Gramin August campaign is a great step to ensure
Schemes for Environmental Conservation
The Ministry of Environment, Forest and Climate Change is implementing National River Conservation Programme, sub-schemes of Conservation of Natural Resources and Eco-Systems, National Afforestation Programme & Green India Mission, National Coastal Management Programme, National Mission on Himalayan Studies under Climate Change Program under the Central Sector & Centrally Sponsored
Indian Leather Development Programme
The ‘Indian Leather Development Programme’ (ILDP) a central sector scheme, is under implementation with an approved outlay of Rs. 990.36 crore, during 12th Plan period with the following six sub-schemes: Integrated Development of Leather Sector (IDLS) - Assistance is provided for technology up-gradation/modernization of leather units as investment grant @30% to small & micro units and @20% to
3000 Jan Aushadhi Stores to be opened
To make quality drugs available at affordable prices to people under Pradhan Mantri Jan Aushadhi Yojana (PMJAY), it has been decided to open 3000 Jan Aushadhi Stores (JAS) under the Yojana across the country by the end of March 2017. In order to open JAS proposed within Government hospital premises, a one-time financial assistance is provided to the extent of Rs. 2.50 lakh (Rs. 1 Lakh for furnishing, Rs.
Suresh Prabhu flags off Agartala-Delhi train 'Tripura Sundari Express'
AGARTALA: Passenger train services between Delhi and Agartala were flagged off on Sunday by Railway Minister Suresh Prabhu, finally putting an end to the 67-year-old popular agitation for railway services to Tripura. The much awaited weekly passenger train named "Tripura Sundari Express" would run on the newly laid broad gauge track, between Agartala and Anand Vihar station of Delhi and Anand Vihar and Agartala
SUMMIT-DAILY-NEWS-02-08-2016
India to host international summit on tobacco-control
India will host a crucial global summit in November to eliminate the illicit trade of tobacco products in which delegates from 180 countries will take part. "India is hosting the 7th session of the Conference of the Parties (COP7) to the WHO Framework Convention on Tobacco Control (WHO-FCTC)," Minister of State for Health Anupriya Patel said in a written reply to a question in the Lok Sabha. She said the summit scheduled
STATE -DAILY-NEWS-02-08-2016
Madhya Pradesh government restarts diamond mine auction
NEW DELHI: The Madhya Pradesh government has started afresh the pilot round of auction of diamond mines, a day after it was scrapped due to poor response. A good response is expected from companies this time round, officials said, citing interactions with the bidders. Vivek Austin, director, geology and mining, said some firms could not complete the formalities for bidding and have requested fresh auctions. "Last time, due
Mamata Banerjee Anounces Rs 2 Crore Grant for East Bengal
Kolkata: West Bengal Chief Minister Mamata Banerjee on Monday announced a Rs 2 crore grant for city soccer giants East Bengal for infrastructure development and an annual Rs 50 lakh aid for two years to all clubs playing in the city premier division league. Speaking at the 97th foundation day ceremony of the East Bengal club, the chief minister called upon the state Sports Department and all soccer clubs to take help of
FOREIGN TOUR -NEWS-02-08-2016
VK Singh to fly to Saudi to sort out matters
New Delhi,(IBNS): Minister of State for External Affairs, General VK Singh will visit Saudi Arabia soon to sort out the problems Indians are facing there. The announcement was made by India's External Affairs Minister Sushma Swaraj on twitter. Reacting to a tweet by a man who alleged that almost 800 Indians are starving for three days in the Saudi city of Jeddah, Swaraj said on Saturday that her colleague VK Singh will
BOOK IN NEWS--02-08-2016
India Rising: Fresh Hope, New Fears authored by Ravi Velloor
India Rising: Fresh Hope, New Fears: Ravi Velloor. A book titled India Rising: Fresh Hope, New Fears by Ravi Velloor chronicles India's journey in the decade before Prime Minister Narendra Modi's rise. The book was released in April 2016 by Singapore Emeritus Senior Minister (ESM) Goh Chok Tong. The book captures the significant events of the years under former India Prime Minister Manmohan Singh and examines
