Saturday, 19 October 2013

MV_Seamen,Asaram_Bapu, Modi_brand,Lobbyist,Coastal_Police,&Chinese_Economy

Dear all,
Welcome.

MV Seamen Guard Ohio: South Indian State, TN Police had made 33 crew members on board of vessel MV Seamen along with 35 weapons & 5680 rounds. It is to note that entry into Indian territorial waters and keeping live rounds is illegal for which ship had been seized. Also, case had been registered against crew members. The owner company, Edwenfort, official had claimed that both weapons and rounds are licensed and are for sea pirates.
The 33 crew members had been taken to Police Station and arrested after interrogation. Two members had been left on ship for maintenance. The case is registered under Weapons act 1959 & Essential goods act 1955. The Police specialist team had found that it had been inside Indian territorial waters with illegal possession of weapons.
Also, another case against local ship agent for purchase of 1500 litre diesel is also registered. Washington based Edwentfort's President had claimed that all the arms are legally possessed & are registered. They are kept for security of ships moving in high risk zones. He also claimed that ship gives protection to Indian ships too. US foreign dept. had been made aware of it. The ship was beyond the range of 12 nautical miles.

Asaram Bapu: The hearing of case at Gandhinagar Court is over & is pending for decision on his remand. Also, Gujarat Police had conducted his test even after Rajasthan Police had done it. Gujarat High Court would also be hearing bail petition of Narayan sai. Police had told that he is absconding and the affidavit is false. Court had asked for original documents and delayed the hearing date. Gandhinagar Police had sought Asaram Bapu's ten day remand for collection of evidences against him.

Modi brand: The Gujarat CM, Narendra Modi, would be announcing his victory rally in Congress hold, Kanpur. Modi would be talking about development and good governance against his opponents. On the other hand, Western UP communal violence had dismayed voters which would also be tried to be addressed.
Kanpur had been selected strategically. The forward based party has new leader as Modi. His strategist had selected backward region of Central UP. It is SP's hold s welll as Congress leaders constituency too. Along with Modi would also be Ex-CM, Kalyan Singh & Uma Bharti. After two rallies at Aligarh & Rampur addressed by Congress no. 2, Modi would be looked for. The election based polarisation had created how much fertile base for BJP by communal violence, would be
ascertained by Modi. Due to riots, SP govt. has dismayed Thakurs and they would be suitably attracted by BJP President, who would be joining Modi.
Modi had been benefited by Madni's statement that Congress is trying to encash by hue & cry about him. Modi would try to send message that his acceptability is due to developmental model and not angry
Hinduism.
On the other hand, Congress had not given importance to his rally stating that he should gain acceptability within his party first and then he should think of public support. The State Congress President had told that due to upcoming elections, all political parties would try to showcase power. As per him, Congress is not doing any special review. BJP has 10 seats and Congress has 22 seats. It could reveal the real difference.
BSP had also given due importance with State President stating that all political parties are trying to attract voters. About rally, their State President had stated that public is not going to be misled. How they could forget Gujarat riots?
SP would also be eyeing though it appears to look unfazed by it. As per party spokesman, every party has right to conduct rally but it should not disturb communal balance. The rally would not have any effect.

Corporate lobbyist: Persons involved in claiming working against law as found in Radia's tapes would be sooner under law. Around 6,000 tapes had been checked out of which twelve had been found to have criminal conspiracy. Five years back, her name was put on surveillance & she was interrogated later. After Supreme Court's order, CBI would file initial investigation afresh.
The Supreme Court had sent the matter to CBI and also one matter had been sent to Chief Justice and another one to CVO of mining dept. for action. The govt. officials and private companies officials are found to be talking against law. CBI team would be investigating further uptil next two months. Court would hear the same again on December 16. The decision would be taken after filing of FIR.
It is to note that complaint about Nira Radia's activities had been found during 2008 after which Income tax department had put her phone on surveillance. It also mentioned about telecon. minister, A.Raza & 2G spectrum allocation.
The Court had asked for transcript of entire talks. CBI had then confirmed about 14 criminal matters in it. It also included appointment of Railway Board members.

Coastal Police: Central govt. is considering deployment of separate cadre for sea coast security. The Southern State's proposal are being considered by Home ministry. These cadres would be provided along with special weapons, communication, & search equipments. These would be trained by Coast guards and Navy. Also, two Naval Police academy are being considered for Eastern & Western Coasts.
Tsunami alert & warning system: India is deploying warning system at South China sea to prevent recurrence of tsunami happened during 2004. It would take next ten months for installation of system. China is also deploying such system.
Presently, Pacific ocean tsunami warning centre is giving alert messages. It was raised two years back at Regional Integrated Multi-hazard Early warning system for Africa and Asia. In it, it was suggested that India should develop such system for South China sea.
With regards,

M.K.Pachraiya
Original_app_mssg(1) China
China's economic growth rebounded in the latest quarter, easing pressure on communist leaders for more stimulus and allowing them to focus on longer-term reforms.

The world's second-largest economy grew by 7.8 percent over a year earlier in the three months ending in September, boosted by higher government spending, data showed Friday. That was up from a two-decade low of 7.5 percent the previous quarter.

"The fundamentals of China's economy are turning for the better," said a National Bureau of Statistics spokesman, Sheng aiyun, at a news conference.

The improvement eases pressure on communist leaders who say their priority is longer-term reforms aimed at steering the economy to slower, more sustainable growth based on domestic consumption instead of exports and investment.

The abrupt drop in global demand for Chinese goods prompted them to backtrack temporarily and launch a mini-stimulus of higher spending on railway construction and other public works to prop up growth and avoid politically dangerous job losses.

Communist leaders are due to meet in November to craft an economic development blueprint that reform advocates hope will include market-opening and more financial support to private entrepreneurs.

The country's top economic official, Premier Li Keqiang, said earlier Beijing would try to keep growth above 7.5 percent. That is far above levels forecast for the United States, Europe and Japan but barely
half of 2009's 14.2 percent growth.

Analysts have warned the rebound might not last because growth depends on government spending. Global demand is weak and Chinese consumer spending is growing more slowly than Beijing wants.

"China's economy rebounded in the third quarter because of the government's stimulus measures," said Moody's Analytics economic Alaistair Chan in a report.

The deceleration of China's economy is denting revenues for suppliers of commodities and industrial components such as Australia, Brazil and Southeast Asia. Lower Chinese demand already has depressed prices for iron ore and other raw materials.

Friday's data highlighted the economy's heavy reliance on government-led investment and the weakness of trade.

Spending on factories and other fixed assets contributed 55.8 percent of the latest quarter's growth, or 4.3 percentage points of the 7.8 percent expansion, according to Sheng. Domestic consumption was 45.9 percent of growth, or 3.7 percentage points of the total.

Trade was so weak that its contribution to overall growth was negative, according to Sheng, and detracted 0.1 percentage point from the quarter's growth rate.

September exports suffered a rare and unexpectedly sharp decline of 0.3 percent, falling short of forecasts. Surveys of manufacturers show September activity barely expanded.

The International Monetary Fund is forecasting Chinese growth this year of 7.6 percent, which would be the weakest performance since the early 1990s. Some private sector analysts have cut their growth forecasts for next year to below 7 percent.

In an apparent effort to lower expectations, Finance Minister Lou Jiwei said in June that growth as low 6.5 percent might be acceptable. In a positive sign for the ruling party, Sheng said the economy created 10 million jobs in the first three quarters of the year.

Factory output in September rose 10.2 percent from a year earlier, up 1.1 percentage points from the first half's growth rate, according to statistics bureau data.

Growth in fixed asset investment rose 20.2 percent in the first three quarters of the year, compared with 0.1 percent for the first half, the data showed. Retail sales also accelerated, rising 13.3 percent in September, up from a 12.9 percent growth rate for the first three quarters.
© 2013 The Associated Press.

Friday, 11 October 2013

Nobel_peace,EC,Court_rulings,Worldfloat,Modi_brand,Bank's_license&Phailin

Dear all,
Welcome.
Nobel Prize for Peace: OPCW had been awarded Peace prize for this year for it's work regarding destruction of chemical weapons. The recent instances of Syrian chemical attack had stressed upon it's need. It had destroyed more than 25,000 tonnes of chemical weapons since it's inception. By 2013, 80% of chemical weapons available had been destroyed. Uptil date, it was not considered for prize rather Pak girl advocating education, Malala, & Congo's doctor were considered to be strong holders for it. Doctor had run the campaign for raped womens.
It is to note that earlier, EU had been conferred this peace prize. OPCW was established during 1997 for implementation of chemical weapons treaty signed durin January 13, 1993. A 30 member team is presently in Syria for destruction of weapon manufacturing facilities.
A record 259 nominations had come for peace prize this year. it included U2 singer, Russian President, Wikileak's Asanje, Congo's doctor, US troop Mening, Egypt's Computer scientist,& Ex-Mathematics Professor.
 
Election Commission: It had written to five State's Chief secretaries regarding ban on advertisements of Central or State's plans. After many States had published advtertisements for their welfare schemes, steps are being taken.
EC believes that it hinders providing of equal opportunities to candidates. It would also benefit ruling parties. It is to note that five States where elections are being held are Chattisgarh, Madhya Pradesh, Rajasthan, Delhi & Mizoram.

Court rulings:
a. 2G scam: Supreme Court had constituted new Bench as one amongst Justice is going to retire. The previous bench had cancelled all 122 licenses issued to allottees during tenure of Ex-telecon. minister.
b. Absconders: The Supreme Court had become stricter on those who take bail from Supreme Courts and then are found missing. The apex Court had warned Judges that Court should not be silent on such issues. Bail during appeal, or order for not surrender & later getting missing issues should have their appeals rejected.
The Bench had stated it during endorsing an Allahabad High Court verdict. While appeal is being considered, such persons take orders and are escaping imprisonment. The duty of Judges is not to penalise any innocent person. But, it is to be ensured that it should not be silent upon criminal's play. If Courts are ignorant, social structure might collapse and chaos would prevail. The appeals should be settled as early as possible. High Courts could suitably dispose off such appeals. If the accused or his counsel doesn't appear before the Court, such appeal should be rejected. 
c. AAP: Delhi High Court had asked from AAP party members about foreign country's donations thus violating rule. The two member Bench had asked from Addl. solicitor general upon petition filed & by October 23. Also, it had sought report of Central govt. in this matter. Court had asked Centre to apprise it of Foreign Contribution regulation act (FCRA) violation.

Worldfloat: Indian social networking site, Worldfloat, had started news video search facility. It had provided Watch video alternative so that users would be able to view live telecast, news and entertainment. It's founder had stated that by December, it's value would cross 6,000 crore INR. The new search engine would be Alhada. With it, world wide news would be provided thus making it unique.

Modi brand: BJP's PM candidate's proposed rally on Oct.27 had ten trains hired for the rally workers. The party leaders had also toured during past month. Buses had also been hired for the purpose. Besides, 10 special trains with 18 boggies each are hired.
These trains would be run at various regions towards Patna. It includes Kishenganj, Poornaiya, Bhagalpur, Saharsa, Betha, Samastipur etc. BJP is hiring buses from other States too due to their non-availability. It is hoped that rally would make a record. Other states people are also supposed to visit from Tamilnadu, Hyderabad, Rewari amounting roughly one lakh. East Central Railways would be running special trains with a working plan.

New bank's license: A four member committee had been formed by RBI for grant of new bank licenses. It would be headed by Ex-Governor, RBI, Dr. Jalan. The other members are Ex-Dy. Governor, Thorat, SEBI's Ex-Chairman, Bhave, Financial specialist, N.More. The work could be started by next year January. The Jalan committee would be scrutinizing 26 applicatins and later recommend for new licenses. RBI would finally decide over the matter. It is to note that Tata, Birla, Ambani had applied for new bank's license.

Cyclone Phailin: The Bay of Bengal originated Cyclone is moving towards South Eastern coastal States. It is likely to reach Paradeep by Saturday evening. Besides local administration, Army & IAF is also told to be alert. As per meteorological dept, it is coming at 15 kmph with speed of air upto 205 kmph. It is 500 kms away. National Disaster Response Force (NDRF) is being deployed having 40 troops in each team. Besides, C-130 plane and helicopters are kept ready.
With regards,

M.K.Pachraiya

Elec.commn,CAD,IMF,2G,Asaram&Modi_brand

Dear all,
Welcome.
Election Commission: The Election commission had issued warning to all candidates to refrain from TV & Newspapers 48 hours prior to the assembly elections being held in five States. The advisory is being issued like previous elections. ED would not leave any chance for candidates about ignorance on the subject.
In an advisory, EC had stated that all five States viz. Chattisgarh, Rajasthan, MP, Mizoram & Delhi would have banned media for election material i.e. through TV, radio, Press conference etc. 48 hours prior to the scheduled elections. EC had issued warning that it's violation would attract fine or sentence for upto two years.
EC had stated that if any candidate takes part in TV show debate, he would be violating such code of conduct. EC had also warned media that from first phase polling uptil end of final stage of elections, organising of exit polls and display of their results are banned. EC had also cited Press Council of India's guidelines and stated that purposeful reports on election and candidates are responsibility of press. During the election period, it is not hoped for wrong election campaign or publishing of any exaggerated report on incidents.
As per norms, two or three candidates attract media's attention. The candidate should not leave main issue and attack the opposition candidate. As per Election rules, communal bias or caste based election campaign is banned. It is not hoped that media would promote any special candidate. But if it is so, party would be answerable for it.
Current account deficit: The Rating agencies believe that during Sept. month, trade deficit had been minimum during past 30 months, which would bring stability in rupee value. It would also help in reducing current account deficit. During first quarterly, CAD had been 4.9% of GDP. But it could be 1% during the next quarterly. During past fiscal year, it had been 4.8% of GDP.
CRISIL had stated that during second quarterly, reduction in trade deficit by 2000 crore dollars is a good sign. It believes that if exports are increased likewise, CAD could be less than 3.9%. India ratings had stated that due to reduction in CAD and regulatory steps, the dollar-rupee exchange rate could be around 59-61 rupee. The agency believed that CAD would be lowered during second quarterly, & could be around 1%  of GDP. The export import data are also good. Exports had risen by 11.15% and imports have declined by 18.1% due to which trade deficit had been 676 crore dollars.
During past three months, exports had increased with Commerce ministry hoping that target of 325 crore dollars could be attained. the oil & gold imports had lowered. During past fiscal year, CAD was high. The govt. target is to make it by 7000 crore dollars during 2013-14 so that it remains 3.8% of GDP.
IMF: India's growth rate of 3.9% rather than earlier 5.6% is based upon market value and not upon data used by govt. & specialists. It had been stated after mixed reaction by Govt. of India, which had stated that IMF had not selected correct data for estimating growth rate. The economic scenario is decided upon market value. In World economic scenario report, India's growth rate had been estimated to be 3.8% whereas Indian statistical dept. had assumed it to be 4.4%.
HSBC: The financial services co., HSBC, had stated that India's infrastructure & service sector had, continuously for three months, been sluggish. During March 2009, it had registered maximum decline.
2G scam: Supreme Court had constituted new Bench as one amongst Justice is going to retire. The previous bench had cancelled all 122 licenses issued to allottees during tenure of Ex-telecon. minister.
Absconders: The Supreme Court had become stricter on those who take bail from Supreme Courts and then are found missing. The apex Court had warned Judges that Court should not be silent on such issues. Bail during appeal, or order for not surrender & later getting missing issues should have their appeals rejected.
The Bench had stated it during endorsing an Allahabad High Court verdict. While appeal is being considered, such persons take orders and are escaping imprisonment. The duty of Judges is not to penalise any innocent person. But, it is to be ensured that it should not be silent upon criminal's play. If Courts are ignorant, social structure might collapse and chaos would prevail. The appeals should be settled as early as possible. High Courts could suitably dispose off such appeals. If the accused or his counsel doesn't appear before the Court, such appeal should be rejected.
Asaram Bapu: Asaram's son had published an advt. stating that he is ready for legal battle in matter related to sexual harrassment of two girls. He had put forward his stance through his counsel, which is being seen as public request.
He had stated that Asaram is innocent and alleged that fake claims are made. If required, they would move to High Court, Supreme court & Human rights organisation too.
Modi brand: BJP's PM candidate's proposed rally on Oct.27 had ten trains hired for the rally workers. The party leaders had also toured during past month. Buses had also been hired for the purpose. Besides, 10 special trains with 18 boggies each are hired.
These trains would be run at various regions towards Patna. It includes Kishenganj, Poornaiya, Bhagalpur, Saharsa, Betha, Samastipur etc. BJP is hiring buses from other States too due to their non-availability. It is hoped that rally would make a record. Other states people are also supposed to visit from Tamilnadu, Hyderabad, Rewari amounting roughly one lakh. East Central Railways would be running special trains with a working plan.
With regards,
M.K.Pachraiya