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at Wednesday, June 30, 2010
Visvesvaraya Technological University, Belgaum has published the BE/BTech Semester Results for the year 2010
VTU has announced the all Semester results for the engineering courses. Students those who awaiting for the semester results can now check their results,
You can get the results from below link
Click Here For Results or here http://results.vtu.ac.in/
Click Here For Official Website VTU http://www.vtu.ac.in/
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Madhya Pradesh Professional Examination Board (Madhya Pradesh Vyavsayik Pareeksha Mandal) declared Pre-Polytechnic Test (PPT) Results 2010
Click here for Results
http://vyapam.nic.in/results/RESULT_10/ppt_result10/default_results.htm
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at Friday, June 25, 2010
Govt decontrols fuel; hikes petrol, diesel prices
NEW DELHI: In a major decision to bring petroleum products in line with market rates, the government today freed petrol from all pricing controls and hiked diesel prices by Rs 2 a litre, Oil Secretary S Sundareshan announced after the meeting of the Empowered Group of Ministers.
Petrol and diesel will cost up to Rs 3.73 per litre more, households will have to pay an additional Rs 35 per cylinder and poor man's cooking medium kerosene will be dearer by Rs 3 a litre from today, the government said here.
The decision follows a ministerial panel meeting on freeing up petrol prices and cutting subsidies on diesel, kerosene and cooking gas, to help rein in the fiscal deficit, which is projected at 5.5 percent of the gross domestic product in 2010/11 and free up revenues for other programmes.
The move will help boost profits of state-run oil firms that have been losing revenue from government-set lower prices.
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at Thursday, June 24, 2010
These are the Indian Rupee Symbol Shortlisted Designs.
The Indian rupee is all set to be recognized with it’s very own symbol. This new move to have a symbol to denote India’s currency, the rupee.
Indian government had invited designs for the Indian Rupee Symbol, in which about 4,000 rupee symbols were send to the finance Ministry and out of which 5 designs have been selected for last phase decision. The Decision from Finance Ministry will come today. According to insiders a sign of Hindi Letter (र) with a intersecting sign like Euro have will be our symbol for Indian Rupee.
The Cabinet Ministers will finalize the symbol today and sources say that chances are that a symbol reflecting the Hindi alphabet ‘R’ is most likely to be accepted.
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at Thursday, June 17, 2010
South Indian Bank has tied up with Bank of New York Mellon to facilitate remittances from the US to India.
V.A. Joseph, the bank's managing director, told that Malayalam superstar Mammootty, the bank's global brand ambassador, would launch this facility at Kochi on Friday.
The South Indian Bank has 580 branches spread across 26 Indian states.
(source : headlinesindia)
H33
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India is set to add 347,463 jobs in the organised sector by the end of the first quarter of this fiscal as the robust turnaround in the economy has encouraged organisations to recruit new employees, says a global manpower consulting firm.
A study by Ma Foi Randstand reveals that 153,564 jobs were created during January-March 2010 and another 347,463 are to be added by June-end.
"The pace of job creation in India, in fact, is little faster than what we envisaged in our study," said Ma Foi Chief Executive K. Pandia Rajan, releasing the study here.
Detailing the city-wise employment trends, Rajan said the national capital region is set to emerge as largest employment opportunity provider with 38,350 jobs, followed by Mumbai (27,650 jobs) and Chennai (11,900 jobs).
The organised sector in India accounts for merely 9 percent of jobs. The government, the public sector and the private sector each contribute to one third of jobs in the organised sector, Rajan said.
The latest projection for job creation during April to June and estimates of actual job creation from January to March 2010 for the organsied sector was arrived at after surveying the employment trends in 650 companies across 13 industry sector in eight major cities - Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Mumbai and Pune, said Rajan.
The 13 industry sectors from which the data was generated during the survey included banking, financial service and institutions (BFSI), Information Technology and IT Enabled Services (IT and ITES), pharma, healthcare, trade, including consumer retail service, energy, transport, storage and communication, real estate and construction, hospitality, media and entertainment.
The other three industry sectors which were included in the survey were manufacturing of non-machinery and equipments, education, training and consultancy.
(source : headlinesindia)
H32
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Nasdaq listed Cognizant Technology Solutions, a Chennai based IT solutions company, today announced the acquisition of Paris based Galileo Performance, an IT testing and consulting company, for an undisclosed sum.
Galileo offers optimization of business performance to French corporates through IT system measurement, management and testing.
"The acquisition will enable Cognizant to offer testing services to the French market. The addition of French speaking consultants will help us better," Francisco D'Souza, Cognizant's president and CEO said.
Outsourced testing services have been growing significantly as this lowers the cost of quality assurance, software maintenance and ensuring tighter alignment of IT with business objectives and risk mitigation.
(Source : Headlinesindia)
H31
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A day after Rs.7 crore was seized from two vehicles owned by Telugu Desam Party's Peram Haribabu, the leader today denied that the money belonged to him, while the ruling Congress alleged the funds were meant for upcoming bypolls in Telangana.
Haribabu told reporters that the money seized by police from his two vehicles belonged to his two friends.
The cash was seized by police Wednesday in Kadiri mandal of Anantapur district from a Tata Safari and a Scorpio owned by Haribabu.
Police arrested five people including Haribabu's father Ramakrishna Naidu.
As the police launched a probe, the TDP leader from Chittoor district met Anantapur Superintendent of Police M.K. Sinha.
After the meeting, Haribabu said he had given his vehicles to his friends who withdrew the money from a bank in Hospet in Karnataka and were going to Tirupati for buying a vehicle.
Meanwhile, police produced five accused, including Haribabu's father, in a court in Kadiri.
Superintendent of Police Sinha told reporters that the income tax department would conduct a probe into the source of the money and will ascertain whether it was black money.
Tax department officials today conducted searches at the residence of Haribabu, a mine owner, in Tirupati.
(source : Headlinesindia)
H30
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Heavy monsoon rains in western India have damaged houses and flooded parts of Maharashtra, killing at least 46 people, officials say.
A government minister said landslides, flooding and electrocutions had led to the deaths.
Some 600 houses have been damaged in the state. Suburban train services in the capital Mumbai have been disrupted after the tracks came under water.
The monsoon season generally lasts from June to September.
In Mumbai, eight people died on Wednesday in a wall collapse during torrential rains and one man was killed when a beam fell on him at a construction site.
Heavy rainfall can be deadly in hilly areas of the country which are more more prone to landslides, flash floods and building collapses.
H29
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Oscar-winning film-maker Danny Boyle will be artistic director for the London 2012 Olympic Games opening ceremony, organisers have announced.
The Slumdog Millionaire director said he was "honoured" by his appointment.
Boyle said it was a "unique opportunity to contribute to what I'm sure are going to be a fantastic Games."
Director Stephen Daldry is one of four other "creatives" who will oversee the Olympic and Paralympic Games' opening and closing ceremonies.
Beijing 2008 Games designer Mark Fisher, TV director Hamish Hamilton and producer Catherine Ugwu will also be part of the team.
H28
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Saudi Arabia has launched its own car named 'Ghazal-1'. The Ghazal makes history as it is the first indigenously developed car for the Saudi conditions.
The car which is designed to suit the desert conditions in Saudi Arabia is developed by is designed by engineers at King Saud University (KSU). The car is an SUV with a unique design and tough build.
Currently Toyota is the leading car seller in the Saudi - Gulf region.
H27
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FIFA World Cup 2010, the mega event of football is all set to begin today on June 11, 2010. The entire world is shaken up by the World Cup fever so as the football maniacs. They are eagerly looking forward to see their favorite team winning against the rivals in the World Cup matches.
The grand event of FIFA World Cup is more like a festival that spreads its color all over the world. The first match of World Cup 2010 will be held between South Africa and Mexico on Friday.
H26
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The much waited Indian film Raavan aka Ravana is all set to be released on June 18, 2010 in India and everyone is looking forward to seeing the acting skills of the Bachchan couple. The centre of this film are three characters ;Beera (Abhishek Bachchan), Ragini played by (Aishwarya Rai Bachchan) and Dev Pratap Sharma played by South star (Vikram).
Going by the cast and crew, one can predict that the movie is going to be a crowd puller.
It is directed by Mani Ratnam, who has delivered a hit film “Guru” with Abhishek Bachchan and Aishwarya Rai. Music is composed by the internationally acclaimed Grammy winning musician A R Rehman. Tamil star Chiyaan Vikram is making his debut in Bollywood. Actor Govinda has never done an act similar to this ever before.
It is going to be released in around 2200 screens worldwide.
According to reports, the Hindi version of the film Raavan is to be released in 1250 screens in India and 325 screens in over 35 countries. The Tamil version Ravanan will release in 225 screens in India and in 150 screens overseas. The Telugu dubbed version Villain will run in 215 screens in Andhra Pradesh and in additional 25 screens in U.S., Australia and New Zealand.
H25
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Noted lawyer and BJP candidate Ram Jethmalani and Union Commerce Minister Anand Sharma were today elected in the Rajya Sabha polls in Rajasthan while a Congress-supported Independent candidate was defeated.
Congress-backed Independent candidate Santosh Bagrodia, a former Union Minister who had been a member of the Rajya Sabha on behalf of the party, lost in the election by a huge margin when he got only 11 votes against 41 first preference votes required for victory.
Anand Sharma, whose term in Rajya Sabha from Himachal Pradesh had expired a few months ago, was fielded from Rajasthan because his party in his home state was not not able to return him from there. Sharma and the other Congress party candidate Ashk Ali Tak got 51 first preference votes each.
H24
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1. Indian Railway Catering and Tourism Corporation (IRCTC) has offered a special tour package, `Bharat Darshan', for Bihar tourists wishing to go on a pilgrimage to Varanasi, Mathura, Brindavan, Amritsar, Vaishno Devi and Haridwar. A special train having the load combination of 10 Sleeper coaches, will start from Patna on a 10-day journey to these destinations. Each passenger will have to pay Rs 5,130 for the package which meals, night stay as well as transportation by buses as and when required.
2. IRCTC is also offering a summer tour package for the family and youths in particular. Under this, a train will originate from Patna to take the booked passengers to Darjeeling, Gangtok and Pelling for around Rs 5000 each.
3.Tour package for pilgrimage from Patna to the four Dhams __ Badrinath, Kedarnath, Gangotri and Yamunotri.
4. Bookings have begun at the IRCTC office at the Biscomaun building near Gandhi Maidan.
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The results of the Engineering Agriculture and Medicine Common Entrance Test (EAMCET) 2010 were declared on Wednesday, Jun 16.
The students, who appeared for the exam on May 30, 2010, can obtain their marks and ranks on the following link:
http://results.oneindia.in/ap/eamcet-2010/
On the behalf of Andhra Pradesh State Council of Higher Education (APSCHE), JNT University, Hyderabad, conducts the EAMCET annually.
EAMCET is the entrance exam held yearly for admissions into professional courses in Government/Private Colleges in Andhra Pradesh.
H23
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Although India has become synonymous with outsourcing, Indian companies created nearly 60,000 jobs in the US between 2004-09 through nearly 500 investment and acquisition deals worth USD 26.5 billion.
This fact was highlighted in a report, "How America Benefits from Economic Engagement with India", released by influential Congressman Jim McDermott in the presence of India's Deputy Ambassador to the US Arun Singh.
The study comes on the heels of US President Barack Obama ending tax incentives to US companies that move jobs outside the country. Instead, his government would route the incentives to those creating jobs inside the US, he had said last year.
"We will stop letting American companies that create jobs overseas take deductions on their expenses when they do not pay any American taxes on their profits," Obama had said.
The report released yesterday investigates one specific aspect of globalisation of the American economy, namely, the United States-India business relationship.
During 2004-2009, 90 Indian companies made 127 greenfield investments worth USD 5.5 billion, and created 16,576 jobs in the US. Greenfield investments are investments made to start a new venture by constructing new operational facilities from the ground up.
The top three destination states for greenfield investments were Minnesota, Virginia and Texas, in that order.
It is noteworthy that the software and IT services sector, which account for bulk of the outsourcing deals, received less than 15 per cent of the total investment. The investments mainly were in mining, manufacturing, and other industries, the report said.
The top three states in terms of jobs created were Ohio, Texas, and California, the report said.
During 2004-09, 239 Indian companies made 372 acquisitions in the United States.
The five US industrial sectors that received the most greenfield investment were Metals; Software & IT Services; Leisure & Entertainment; industrial machinery, equipment & tools; and financial services, accounting for almost 80 per cent of total greenfield investment in the US.
The report, jointly produced by University of Maryland, India-US World Affairs Institute and Federation of Indian Chambers of Commerce and Industry, gives a comprehensive analysis of America's economic engagement with India during the period 2004 to 2009.
H22
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In the second such incident within a week, an Indian-owned jewellery shop in the city's Belgrave Road was robbed of goods worth thousands of pounds, a media report said on Wednesday.
Jitendra Vaitha of Bipin Jewellers said he saw how the robbery took place on the CCTVs installed outside and inside the shop.
The gang used a heavy duty cutter to slice through the security shutters of the shop late on Monday night and entered the shop by breaking the toughened glass window with a sledge hammer.
"There were three of them. They cut the grille first and then smashed the window. Then one got in and took goods from the window display," Vaitha was quoted by the Leicester Mercury as saying.
This is the second such incident since robbers on Tuesday drove a van into the entrance of Alankar Jewellers, also on Belgrave Road, in broad daylight and robbed it.
Shop keepers at the jewellery market on Belgrave Road, known as Leicester's Golden Mile, are now apprehensive about security in the area. This is the seventh robbery reported within a year.
H21
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Spanish police said on Tuesday that they had broken up a vast international network that produced fake credit cards, an operation that led to the arrests of 178 people in 12 countries.
Members of the gang used real credit card numbers to produce fake cards which they then used to withdraw money from cash machines and make payments, police said in a statement. The network was also involved in “theft, swindling, sexual exploitation and money-laundering”. Its activities brought them “profits of more than 20 million euros”, police said.
Seventy-six people were held in Spain as part of the operation, 30 in France, 16 in Romania, 16 in Germany, 12 in Ireland, eight in United States, seven in Italy, four in Hungary, three in Finland, two in Australia, two in Sweden and two in Greece.
H20
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Bollywood star Aamir Khan says he will soon post his first message on microblogging site Twitter but before that he plans to do a live chat on Facebook to keep the impostors at bay.
"I've been using Facebook a lot... the problem is anyone can be an impostor on the Internet. So I am thinking of a live chat on Facebook so that people will at least know it's me and not some impostor," said Aamir here.
And the reason for the actor's concern is genuine.
"I have close to 300,000 friends on Facebook... I stay in touch with my friends and fans there and both of us know each other," he said.
Looking dapper in a jet black Chinese collar suit, the 45-year-old was in the capital today, in a younger than ever avatar, to launch two new smartphones - Samsung Wave and Samsung Galaxy S.
Aamir is the brand ambassador of Samsung.
Asked about joining Twitter, as advised by none other than the Big B, he said: "Since Amitji has asked me to join Twitter, I guess I will soon have to be on the social scene as he has got that kind of voice, I just can't say no to him. But I don't know how regular I'll be on Twitter.
"Amitji showed me the functions of Twitter when we were in London and right now I am just trying to understand it. I'll send my first tweet soon."
H19
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Dambulla, June 16: India beat Bangladesh by six wickets in their opening match of the Asia cup cricket tournament here today.
India bowled out Bangladesh for 167 in 34.5 overs and chased the target in 30.4 overs.
Gautam Gambhir smashed 82 off 101 balls with six fours while Mahendra Singh Dhoni contributed 38. Part-time spinner Virender Sehwag was the leading wicket-taker for India, claiming four wickets, three of them coming in one over, in 2.5 overs.
H18
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In a sigh of relief to the salaried class, the government today dropped the contentious proposal to tax provident and pension fund withdrawals and decided to continue with the major tax incentive on housing loans.
In the revised Draft Taxes Code (DTC), which will replace the 50-year-old Income Tax Act, the finance ministry decided to drop its earlier proposal to tax the Government Provident Fund or the Public Provident Fund withdrawals.
"In the absence of adequate social security benefits, taxation of withdrawls from retirement benefits would be harsh," says the revised DTC.
It also said that the proposal to bring in perquisities like government accomodation to be part of salary has also been dropped.
Though the revised DTC is silent on the personal income tax rates and slabs, it said that home buyers would continue to get tax benefits on payment of interest on housing loans up to Rs 1.5 lakh annually.
Revenue Secretary Sunil Mitra said the taxation rates in the first draft, which suggested 10 per cent tax on income from Rs 1.60-10 lakhs and 20 per cent on income between Rs 10-25 lakhs and 30 per cent beyond that, were illustrative.
He said the tax rates would be made known only in the proposed Act, a bill for which will be introduced in Parliament in the coming monsoon session.
The proposals, which did not find favour with stakeholders like salaried class and the industry, were part of the first draft released in August last year.
The government received 1,600 representations on the first draft. The government has asked the stakeholders to give their views on the revised draft by end of this month.
The revised draft also dropped the proposal to impose Minimum Alaternate Tax (MAT) on gross assets, a move which too was fiercely opposed by the industry.
H17
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Technology comes on stream to safeguard the web's address system and make it harder for criminals to create fake sites.
Moves to make the web's address system more secure will take a major step forward next month.
In the planning for a decade, the Domain Name System Security Extentions, DNSSEC, will help protect users from cyber attacks such as phishing and spam.
The security layer will be added to the web's address system in July.
It should close the loophole that allows hackers to intercept DNS data and redirect users to fake websites.
The Domain Name System (DNS) was created in 1984 to allow computers to 'read' net domain names but it had no security features, offering rich possibilities for criminals.
"DNSSEC will improve the security of the web so we can have more confidence in the activities on the network as it increasingly becomes part of our working lives and home lives," said Leslie Daigle the chief internet technology officer at the Internet Society, which is the home of the standards body that developed DNSSEC.
The new security extension, DNSSEC, basically works by using cryptography and digital signatures to verify each query and ensure that each response that is made has not been compromised or intercepted.
Cyber-criminals are increasingly using false DNS servers to intercept legitimate web addresses and redirect users to fake sites, which steal personal information.
"It acts like tamper-proof packaging to make sure if you type in the website name of your bank that you actually get to the machine that your bank wants you to use and not to a machine that looks like that of your bank but is operated by those who want to take you to a different website to steal your log-in details," said Ms Daigle.
H16
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Microsoft's flagship Office 2010 software suite has gone on sale worldwide to consumers.
The release concludes a long trial programme which saw details of its web-friendly features widely previewed.
Microsoft has also released cut-down versions of Office programs for the web and handsets that can be used by those who do not possess the "full" version.
Also included in Office 2010 are features that hook into popular social networking sites such as Facebook.
H15
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Privacy could be enhanced if data was allowed to fade, suggests research.
Dutch researcher Dr Harold van Heerde is looking into ways to gradually "degrade" the information that sites gather about visitors.
Slowly swapping details for more general information can help guard against accidental disclosure, he said.
"There are so many weak points in security that you can never be sure that your data is safe," said Dr van Heerde.
H14
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People with plenty of a B-vitamin in their blood appear to be at a reduced risk of lung cancer, even if they smoke, a European study suggests.
High levels of Vitamin B6 and the amino acid methionine cut the risk by half, a study of 400,000 people suggested.
These occur naturally in nuts, fish and meat or can be taken as supplements.
But experts told the Journal of the American Medical Association that stopping smoking remained the best way of reducing lung cancer risk.
And, as yet, it is too early to say that taking vitamins would provide any extra protection, they say.
Higher vitamin levels could simply reflect healthier lifestyles.
More studies are needed before scientists can be confident that increasing levels of B-vitamins in the diet can reduce the risk of lung cancer, and also to understand why this might be, says the World Cancer Research Fund (WCRF) which was involved in the research.
H13
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The number of people unemployed in the UK increased by 23,000 to 2.47 million during the three months to April, official figures have shown.
The unemployment rate was 7.9%, up from 7.8% in the quarter to January.
However, the number of people claiming Jobseeker's Allowance fell in May by 30,900 to 1.48 million, the Office for National Statistics (ONS) said.
And unemployment did fall in some parts of the UK, including Wales, and the north-east of England.
Further, when compared with the figures for the three months to March, overall unemployment has fallen from 2.51 million.
The ONS added that the number of people classed as economically inactive - those out of work and not seeking employment - rose by 29,000 during the three months to April to 8.19 million.
This is the highest level since records began, and represents 21.5% of the working age population.
H12
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Britain will stop giving aid money to China and Russia, as "it is not justifiable" any longer, the UK government has said.
International Developement Secretary Andrew Mitchell announced a review into how the UK funds overseas development work in around 90 countries.
"The money will be redirected towards those countries where they can make the most difference," he said.
In 2008-09, China received more than £40m, while Russia got £190,000.
Britain's annual bilateral aid budget stands now at £2.9bn.
Mr Mitchell said that, apart from Russia and China, "other country programmes which are less effective will be closed or reduced".
H11
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The death toll from Monday's boat accident in India's northern state of Uttar Pradesh has risen to 62 with the recovery of more bodies, officials say.
Police say 17 people swam to safety after the disaster on the River Ganges in Ballia district.
The ferry was on its way to a temple near Ballia and was carrying more than 70 people, well above its capacity of 30, police say.
Boats in India are often overloaded, which leads to frequent accidents.
Most of the passengers on the boat were women and children, local police official Shivendra Yadav told the Associated Press news agency.
"As the boat entered the midstream, it failed to take the weight of the people and collapsed," said Mr Yadav.
Among the bodies recovered, 38 were women and children, said a senior police official.
H10
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Indian inflation has risen to a two-year-high, raising the possibility of interest rate rises.
The wholesale price index rose to 10.16% in May, the highest since 2008.
Rising food and fuel costs have pushed the rate well above forecasts, which were nearer 9%. The government says prices will come down soon.
The rise in the inflation rate comes after India recorded its fastest growth in manufacturing in at least 15 years in April.
H9
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at Wednesday, June 16, 2010
At least three people have been killed after a series of powerful earthquakes in Indonesia, officials say.
The Indonesian earthquake agency said the largest quake, off the coast of Papua in eastern Indonesia, had a magnitude of 7.1.
There have been reports of collapsed homes in some areas. Papua is one of Indonesia's most remote and underdeveloped provinces.
A tsunami warning was issued but it has since been lifted.
The first quake, with a magnitude of 6.4, struck at 0306 GMT off the coast of the island of Yapen, in Papua, which has a population of about 70,000.
It was followed 10 minutes later by the largest quake 18 miles (29km) beneath the ocean floor off the northern coast of Papua province, the US Geological Survey said on its website.
Two people died on Yapen when their homes collapsed.
National Disaster Mitigation Agency spokesman Priyadi Kardono told the Reuters news agency that the dead were a 47-year-old woman and a five-month old baby.
H8
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The Afghan Taliban says it has captured dozens of Pakistani soldiers after attacking their checkpoint in a cross-border raid.
Pakistani security sources confirm some troops are missing.
The Taliban says it is holding up to 40 Pakistani troops after its raid in the Mohmand tribal area on Monday.
Afghan officials said eight soldiers had been handed over to the Pakistani consulate in Jalalabad, but Pakistan's army said it had no knowledge of this.
H7
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A mentally ill woman who killed her six-week-old daughter by sitting on her has been detained indefinitely.
Julia Lovemore, of The Rowans, Milton, near Cambridge, earlier admitted the manslaughter of baby Faith on the grounds of diminished responsibility.
Her daughter was declared dead on arrival at hospital on 17 June 2009.
The judge at Cambridge Crown Court said the 41-year-old was "profoundly mentally disordered and suffering from religious delusions at the time".
She was detained indefinitely under the Mental Health Act.
The court heard the mother-of-two had suffered mental health problems since the age of 26 and had recovered, but had a relapse after the birth of her first child in July 2006.
She and her husband were described a "religious fanatics" in court.
Julia Lovemore was visited by a community psychiatric nurse and a health visitor on the day of the killing.
When they arrived, they found her husband David Lovemore, 39, downstairs praying for his wife, and their older child was sitting on the stairs.
The 41-year-old and Faith were not seen by the visitors, who left to call for more help because they were disturbed by Mr Lovemore's behaviour, the court heard.
H6
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The former boss of the now bankrupt US lender Taylor, Bean & Whitaker (TBW) has been charged with 16 counts of fraud, worth more than $1.9bn (£1.3bn).
Lee Farkas, who was chief executive and then chairman of TBW, was accused of trying to misappropriate money from banks and federal institutions.
The indictment also accused Mr Farkas and other unnamed conspirators of trying to obtain money from the Troubled Asset Relief Program (Tarp).
TBW ceased operating in August 2009.
Mr Farkas is charged with conspiracy, bank fraud, wire fraud and securities fraud.
TBW once oversaw some $30bn-worth of residential loans but filed for bankruptcy last August.
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France's retirement age will be raised from 60 to 62 over the next eight years as part of sweeping pension reforms, the government has announced.
French labour minister Eric Woerth told reporters that working longer was "inevitable", and necessary to balance the public finances.
The move is designed to reduce France's pension costs and bring public borrowing down.
The move is likely to be met with stiff resistance from labour unions, however.
Demonstrations against raising the retirement age were seen even before the measure was formally announced, with more strikes and protests expected in the coming months.
But Mr Woerth said it was time for France to follow the lead of other European countries in addressing it deficit.
"All our European partners have done this by working longer. We cannot avoid joining this movement," he said.
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at Tuesday, June 15, 2010
Amupmdc 2010 Results are declared today by the Association of Management of Unaided Private Medical & Dental Colleges Maharashtra.
Amupmdc 2010 Results are published on the official site :-
http://www.amupmdc.org/
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Maoist guerrillas in Bihar set ablaze a railway station and a bank as well as attacked a police station and a camp of the Special Auxiliary Police to enforce their two-day shutdown, officials said on Tuesday.
The incidents took place late Monday. Guerrillas torched the Ismailpur railway station in Gaya district on the busy Gaya-Mughalsarai rail route, disrupting train services for several hours. Long route trains, including the Rajdhani Express, were affected.
“Maoists first attacked the Ismailpur railway station and forced the railway officials to vacate the place. They then torched the railway station. The documents of the record room were completely destroyed,” a police official in Gaya told IANS. No casualties were, however, reported.
In Jamui district, Maoists set on fire a branch of the State Bank of India. “Maoists set ablaze an SBI branch at Khadigram under Barhat police station,” an official said.
In another incident, over 100 armed guerrillas attacked a police station and a camp of the Special Auxiliary Police in Rohtas district.
“The alert police officials forced Maoists to flee after an hour-long encounter,” Rohtas Superintendent of Police Vikas Vaibhav said.
The Communist Party of India-Maoist (CPI-Maoist) called for a two-day shutdown in Bihar and Jharkhand beginning Monday to protest the arrest of two Maoists in Bihar — Sambhuji in Rohtas district and Kamruddin in Patna district.
In view of the shutdown, at least nine trains were cancelled and some diverted in Bihar. The trains cancelled include the Patna-Barka Kana Singrauli Express, the Barka Kana-Patna Express and the Singrauli-Garhwa Express, said an official of the East Central Railway.
“An alert has been sounded in the State and adequate security arrangements are in place,” Additional Director General of Police P.K. Thakur said.
Public transport was hit in some rural areas. A few long-route buses also called off their services.
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New Delhi, Jun 15: It was a close call for 102 passengers on board an Indian Airlines flight as the as two tyres of the IC 113 plane burst on landing at the Indira Gandhi International (IGI) Airport, Delhi on Tuesday, Jun 15.
All the passengers on board the the Mumbai-Bhopal-Indore-Delhi flight managed to escape what could have been a massive disaster unhurt. The evacuation process is now underway.
An emergency has been declared.
When the aircraft with the deflated tyres was taxiing towards the parking bay smoke arose indicating that something was wrong.
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Chief Economic Advisor Kaushik Basu today said he favoured freeing the prices of petroleum and petroleum products, reiterating the opinion of top policy advisors like Planning Commission Deputy Chairman Montek Singh Ahluwalia. Moreover, he said, eventually prices would be decontrolled, and the only thing being deliberated is the timing of such a decision.“My belief is that fuel prices ought to be decontrolled. I feel that a certain amount of decontrol ought to be done and will eventually be done,” Basu told reporters here.
He said decontrolling prices of fuel products would raise the inflation index but the adverse impact would even out in six months. Basu’s comments came on a day when India’s headline inflation, as measured by the Wholesale Price Index, breached the double-digit mark at 10.16 per cent in May. “The inflation figure you are looking at may increase in the short term, but six months down the line, you would see lower inflation, even as the index will reflect international prices,” he said.The chief economic advisor said with the decontrol of fuel prices, the underrecoveries of oil companies would go down and the fiscal situation would improve, curtailing inflationary expectations.
Basu said if prices were artificially kept at a low level, the impact on inflation would be long-lasting due to the widening fiscal deficit, while if these prices were linked with global rates, the impact would be immediate but for a short period.Moreover, he said direct subsidy should be given to vulnerable sections that would be severely affected by rising fuel prices.The report of an expert group headed by former Planning Commission member Kirit Parikh demanding market-linked prices for petroleum products is lying with the government. A meeting of the empowered group of ministers, presided over by Finance Minister Pranab Mukherjee, had met last week to consider this. A decision was deferred since there was lack of quorum. The group meets again on June 17.
http://www.business-standard.com/india/news/fuel-prices-should-be-decontrolled-says-kaushik-basu/398265/
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Delay in fuel price hike to make the ground more slippery for oil firms
Mumbai: Even as the empowered group of ministers (eGoM) is expected to meet this week to decide on hiking fuel prices, analysts say every delay in action on prices will be a missed opportunity for the government, at a time when global oil prices are hovering in the $75 a barrel range. A decision to hike the prices will reduce subsidy burden of state oil companies, which is currently estimated at around Rs 65,000 crore ($13.8 billion) for FY 2010-11. Oil marketing companies are keenly looking forward to the June 17 meeting of the eGoM. “Let us see how the meeting goes. Only then will we be able to assess the impact the decision will have on us,” says SK Joshi, director — finance, BPCL. State-owned upstream companies share the burden of subsidies for Indian refiners such as IOC, which loses Rs 110 crore ($23.3 million) a day from the programme. “Lifting current restrictions preventing refiners from selling oil products at market prices would provide greater visibility to cash flows. However, the maximum benefit from deregulation is likely to accrue to producer ONGC, which has borne the highest subsidy burden owing to its larger size and capacity to spin off cash,” said Philipp Lotter, senior vice-president, Moody’s.
Oil prices were up in Asian trade on Monday as a strengthening euro lifted the market. New York’s main futures contract, light sweet crude for delivery in July, gained 96 cents to $74.74 a barrel, while Brent North Sea crude for July delivery advanced 92 cents to $75.27.
This is a good time to raise fuel prices, as global prices are low. Once they go up again, the situation will get tougher,” says Sanket Singh, an analyst with Frost & Sullivan. He said in the medium to long term, oil prices have to go up, despite the prices remaining low at the moment owing to a slow pick-up in most economies. Recently, the government more than doubled natural gas prices to $4.20/mmbtu from $1.80/mmbtu earlier this year and assigned “Maharatna” status to IOC and ONGC, thus giving them greater autonomy for investments.
“The recent increase in the government’s gas price to international levels is likely to raise ONGC’s revenues by Rs 5,500 crore ($1.2 billion) at its current output. Its extension to oil prices would provide respite for state-owned energy companies by significantly reducing the subsidy burden,” Lotter said. Moreover, lower global oil prices provide scope for freeing up domestic ones to match them. Uncapping controls now would raise petrol prices by Rs 3.35 per liter, or 6.9%, and raise diesel by 9.2% or Rs 3.49, he added.
………..MG Arun / The Financial Express newspaper.http://www.financialexpress.com/news/delay-in-fuel-price-hike-to-make-the-ground-more-slippery-for-oil-firms/633700/0
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One Laptop per Child redesigns its low-cost PC, designed for primary school pupils in the developing world, for use by older children.
The so-called $100 laptop has undergone a facelift in order to be used by secondary school children.
The machines, designed by One Laptop per Child (OLPC), are based on the original XO laptop, which was built for primary school children.
The new computers feature a larger keyboard and upgraded software.
Uruguay, which has already distributed nearly 400,000 XO laptops to primary schools, has ordered 90,000 of the new laptops, known as the XO-HS.
It has also ordered 10,000 machines designed by rival Intel, which makes the Classmate PC, also developed for children.
"We want to see how students react and analyze the advantages and disadvantages of each," said Miguel Brechner, director of the Technological Laboratory of Uruguay, who is in charge of the country's Plan Ceibal (Education Connect) project.
The government scheme has given many people in the country their first taste of computers and the internet.
It has delivered 380,000 XO laptops to primary school students and nearly 20,000 to teachers.
The 90,000 XO-HS machines will be rolled out to some of Uruguay's 230,000 high school students.
"We are expanding our reach," said Mr Nicolas. "We still want to focus on 6-12 year olds - and motivate them - but they need a laptop to grow into."
Deliveries of the new laptops will begin in September 2010.
Mr Nicolas said that they would also be offered to other countries interested in connecting high-school students.
The original XO laptop was designed specifically for children in the developing world and featured a rugged design aimed at keeping out water and dust, a sunlight-readable display and open source software.
It was designed by OLPC, a spin out from US university MIT.
The organisation originally aimed to sell the green and white machines in lots of one million to governments in developing countries for $100 each.
However, it had difficulty getting governments to commit to bulk orders.
Mr Nicolas said that 1.2 million machines had been deployed so far and OLPC was contracted to supply a further 500,000. Each laptop ordered by Uruguay cost $209.
The new XO-HS laptops will be based on the same design as the original, but will be tweaked to appeal to be used by older children.
In particular, it will feature a larger keyboard better suited to older students and will be offered in different colours to the original machines.
Although it will have the ability to run two operating systems - including Microsoft Windows - the project has chosen to use Linux.
It is one of the most significant changes to the machine's outward appearance since it was first launched.
However, a more radical transformation could be on the horizon.
Earlier this year, OLPC founder Nichols Negroponte recently announced a partnership with chip-maker Marvell to design a touchscreen tablet computer.
The firm had previously announced a prototype of a similar device, which Mr Negroponte said could cost as little as $75.
The machine - known as the XO-3 - promises wi-fi, high-quality video and stills cameras, 3D graphics and low power consumption. It could be launched as early as 2011.
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at Monday, June 14, 2010
Abhishek Bachchan, is perhaps the only star in the Indian film industry, creating unique historical records with his film’s promotions. Last year, his whirlwind promotional tour for his film Delhi 6 across seven cities, was a world record for public appearances by a film star at different cities in 12 hours. The Junior Bachchan has now achieved yet another exceptional feat. For his upcoming film Raavan’s promotions, he created history by chatting with over 50,000 fans online at the office of Zapak. Tremendous excitement by his fans, eventually lead to a system crash. However, it was restored immediately.
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Bengali film Industry is not behind Hollywood or Bollywood when it comes to the Award functions. The industry, which is also known as ‘Tollywood’, locally, has chosen the ‘Siam Pavalai’ theatre in Thailand as its venue for the ‘Film Award Bangla 2010 (FAB 2010)’. The 6th floor of the ‘Paragon Complex’, will see the event hosted on June 13 and 14.
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at Wednesday, June 9, 2010
Indian Railway Enquiry on SMS: 139
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