Dear all,
Welcome.
Today is Dr.B.R.Ambedkar Jayanti. He had been a founder member of Constitutional Draft Committee. He worked for upliftment of downtrodden & oppressed folks. At Uttar Pradesh, the erstwhile ruling party, Bahujan Samajwadi Party, had decided to celebrate the said anniversary
for which around 515 hoardings were allowed by the City municipal corporation. But some of these are reported to have been removed by Corporation's squad stating that it had been illegal & also called for eight trucks worth PAC personnel at the Lohia path, Lucknow. It is to note that earlier desecreation of Ambedkar's statue had also been reported.
Modi brand/Red tape: Modi's brother had alleged irregularities into the PDS citing that around seven lakh poors had been altogether removed from the list. He believes it to be handiwork of bureaucracy. After legislative assy. elections, BPL list had excluded around seven lakh people. Other facilities like ration, kerosene etc. had been stopped. Food dept. claims that EC identity is compulsory and accordingly the list is updated. As per Modi's brother, around 40 tankers of kerosene had been curbed due to it. Also as the distributors commission is not raised, they are finding other such sources.
Free trade Agreement(FTA): A joint statement had been issued by PM & German Chancellor regarding it. The Chancellor stressed upon increasing FDI in Insurance sector and lessen import tax upon EU automobile companies. BJP had termed it as disputed. The issue is being sorted without experts advise. BJP leaders suspected that it would fill Indian market with EU products in dairy, poultry, sugar, wheat, confectionery, food oil, plantation products etc. It would affect agricultural sovereignty.
BJP is in process of removal of it's label of being communal party. It would talk to all its thinkers. Under this strategy, it had contested Goa's legislative assy. election. As per National Secretary, it would hold talks with all religious thinkers, which had been a propaganda as being communal party. It was stated that people want change and removal of Congress govt. country wide. They would appeal for sensitive candidate. Also, Gujarat CM, Modi, would be campaigning for the party at South Indian State, where he had campaigned earlier but couldn't lead to victory.
Ratings: The govt. had started vying for credit rating agencies. Fitch had been assured of taking economic reforms ahead and strengthening balance. The govt. had decided to inform the agencies about the steps taken for making better image. Meetings with S&P would be held on April 25 followed by Moody's on May 7.
A meeting of Friday with Fitch was attended by Finance Secretary wherein Fitch representatives were concerned about Fiscal deficit. Also, it asked about various measures to be taken for attaining revenue targets. Gold import was cited and investment increase was stated to have begun.
Also, it was told that due to increase in crude oil price and stability of rupee, the deficit would lessen. Also, projects approval had been shown.
IPO grading : Every company bringing IPOs has to get its grading through SEBI's authorised credit rating agencies. The grades would be given on the basis of financial management to working competency affecting factors. Such gradings are given on five nos. The more the number, the stronger the share. Besides, equity's formal knowledge has to be mentioned in it so that nivestor could review it. Under SEBI ICDR regulation, the grade has to be revealed. These are to be mentioned in advt, notifications, etc. The risk factors are also to be mentioned in it.
The grades have lower value 1 & higher value as 5. It is done to have an opinion about the share before investor from professional credit rating agencies.
With regards,
ManojKumar, Bhilai(CG)
Welcome.
Today is Dr.B.R.Ambedkar Jayanti. He had been a founder member of Constitutional Draft Committee. He worked for upliftment of downtrodden & oppressed folks. At Uttar Pradesh, the erstwhile ruling party, Bahujan Samajwadi Party, had decided to celebrate the said anniversary
for which around 515 hoardings were allowed by the City municipal corporation. But some of these are reported to have been removed by Corporation's squad stating that it had been illegal & also called for eight trucks worth PAC personnel at the Lohia path, Lucknow. It is to note that earlier desecreation of Ambedkar's statue had also been reported.
Modi brand/Red tape: Modi's brother had alleged irregularities into the PDS citing that around seven lakh poors had been altogether removed from the list. He believes it to be handiwork of bureaucracy. After legislative assy. elections, BPL list had excluded around seven lakh people. Other facilities like ration, kerosene etc. had been stopped. Food dept. claims that EC identity is compulsory and accordingly the list is updated. As per Modi's brother, around 40 tankers of kerosene had been curbed due to it. Also as the distributors commission is not raised, they are finding other such sources.
Free trade Agreement(FTA): A joint statement had been issued by PM & German Chancellor regarding it. The Chancellor stressed upon increasing FDI in Insurance sector and lessen import tax upon EU automobile companies. BJP had termed it as disputed. The issue is being sorted without experts advise. BJP leaders suspected that it would fill Indian market with EU products in dairy, poultry, sugar, wheat, confectionery, food oil, plantation products etc. It would affect agricultural sovereignty.
BJP is in process of removal of it's label of being communal party. It would talk to all its thinkers. Under this strategy, it had contested Goa's legislative assy. election. As per National Secretary, it would hold talks with all religious thinkers, which had been a propaganda as being communal party. It was stated that people want change and removal of Congress govt. country wide. They would appeal for sensitive candidate. Also, Gujarat CM, Modi, would be campaigning for the party at South Indian State, where he had campaigned earlier but couldn't lead to victory.
Ratings: The govt. had started vying for credit rating agencies. Fitch had been assured of taking economic reforms ahead and strengthening balance. The govt. had decided to inform the agencies about the steps taken for making better image. Meetings with S&P would be held on April 25 followed by Moody's on May 7.
A meeting of Friday with Fitch was attended by Finance Secretary wherein Fitch representatives were concerned about Fiscal deficit. Also, it asked about various measures to be taken for attaining revenue targets. Gold import was cited and investment increase was stated to have begun.
Also, it was told that due to increase in crude oil price and stability of rupee, the deficit would lessen. Also, projects approval had been shown.
IPO grading : Every company bringing IPOs has to get its grading through SEBI's authorised credit rating agencies. The grades would be given on the basis of financial management to working competency affecting factors. Such gradings are given on five nos. The more the number, the stronger the share. Besides, equity's formal knowledge has to be mentioned in it so that nivestor could review it. Under SEBI ICDR regulation, the grade has to be revealed. These are to be mentioned in advt, notifications, etc. The risk factors are also to be mentioned in it.
The grades have lower value 1 & higher value as 5. It is done to have an opinion about the share before investor from professional credit rating agencies.
With regards,
ManojKumar, Bhilai(CG)
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