Professional Documents
Culture Documents
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partly been fixed and it is
capable of being fixed.
In order to bring in the best
of talents to head the State-run
banks, the Government also
announced appointment of two
private sector bankers to head
Bank of Baroda and Canara
Bank
while
also
making appointments to three
other large State-run banks from
within the Government sector.
Continued on Page 4
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In an apparent message to
Pakistan, Mukherjee said our
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neighbours must ensure that
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their territory is not used by
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forces inimical to India which
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rejects any attempt to use terrorism as an instrument of
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State policy.
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While we offer our hand
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not stay blind to deliberate acts
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India is a target of vicious terUTf]TeTa^eTaR^\TcWTTbbT]cXP[^]T]Tbb^U^da_T^_[T
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?C8 rorist groups operating from
across the borders. Except for
pressure, it is time for serious Our institutions are the infra- and admiration we have for the language of violence and
thinking by people and their structure of this idealism. The those who shaped the Indian the cult of evil, these terrorists
parties. Sounding a note of finest inheritance needs con- dream in 1947? The answer have no religion and adhere to
caution, he said, The roots (of stant care for preservation.
may not be comfortable but the no ideology. Our neighbours
vibrant democracy) are deep
Urging the polity to intro- question has to be asked.
must ensure that their territobut the leaves are beginning to spect over the state of affairs
He then went on to say, ry is not used by forces inimiwilt. It is time for renewal.
inside Parliament, he said, If Institutions of democracy are cal to India. Our policy will
Asserting that the most we do not act now, will our suc- under stress. Parliament has remain one of zero tolerance
precious gift of the Constitution cessors seven decades hence been converted into an arena of for terrorism.
is democracy, Mukherjee said: remember us with the respect combat rather than debate.
Continued on Page 4
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he Government on Friday
T
committed to help Iran in
developing the Chabahar Port,
which is expected to boost trade
ties between the two nations.
This came after Iranian
Foreign Minister Javad Zarif
sought Indias cooperation to
work with Tehran for development of the strategic port. He
is the first key Minister of Iran
to come to India after the historic nuclear pact between
Tehran with Western countries
in July which will lead to lifting of sanctions. Zarif said
that Iran considered India its
strategic partner.
In a tweet, Prime Minister
Narendra Modi said, We had an
extensive and fruitful discussion
on India-Iran relations.
Modi conveyed Indias com-
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Department of Government of
Delhi in this regard and the
approval of the Commissioner
of Police has already been
taken," Srivastava said.
"We are going to appeal
against the court order and
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there is sufficient
group to do so," he said
It may be recalled that
slapped with charges including
that of organised crime, India's
test discard S Sreesanth and
two other cricketers Ajit
Chandila and Ankeet Chavan,
were on July 25, discharged in
the sensational 2013 IPL-6
spot-fixing case by the court
which held that police had
failed to make out a case
against them.
Additional Sessions Judge
Neena Bansal Krishna in her
order had discharged all the 36
people in the case accused of
cheating by impersonation and
conspiracy along with charges
under the tough provisions
Maharashtra Control of
Organised Control Act
(MCOCA).
"The court in its order in
the IPL spot fixing case accepted the efforts of the Special
Cell in bringing forth the contamination which has threatened the sports, especially
IPL. It also said that it (Special
Cell) has exposed the nexus
between various players, the
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he Ar vind Kejriwal
Government is now all set
to flex its muscles to take control of the Anti-Corruption
Branch (ACB) by directing
vigilance section of each
department to furnish details
about the steps they had taken
to reduce corruption in the
national Capital.
In a circular to all the
departments, secretary-cumdirector vigilance Sukesh
Kumar Jain has sought not only
the details about the officers
who had been posted in their
respective vigilance section,
but also steps they had taken to
reduce corruption in Delhi. Jain
said the circular should be
accorded top priority as the
same had to be put up before
chief secretary KK Sharma.
The ongoing tussle
between the Kejriwal
Government and Raj Niwas
over control of the ACB had
reached its crescendo with Jain
directing Joint Commissioner
of Police Mukesh Kumar
Meena to look after the training branch of the department.
But Meena had refused to do so
saying he had been appointed
as the ACB head by none other
than the Lieutenant Governor
himself.
He had even gone a step
ahead by issuing summons to
Chief Minister Ar vind
Kejriwal's trusted lieutenant
and principal secretar y
Rajendra Kumar and a dozen
others in the transport fitness
scam. The Delhi Government
too had reacted by ordering a
commission of enquiry into the
scam.
A senior officer said the
AAP Government was yet to
acknowledge Meena as the
head of the ACB. "That's pre-
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Southeast Delhi, informed
police about the incident after
which action was taken.
Soon after the complaint
was lodged at Defence Colony
Police Station, SHO Defence
Colony Police Station Kuldeep
Singh, along with his team,
immediately reached the
school and nabbed the accused
driver after the girl pointed at
the accused.
A case under the appropriate sections of the Indian
Penal Code and POCSO Act
was registered and the cab
driver was arrested. The girl's
father told police that his
daughter and a few more children of the same school used
a privately hired school van for
the past some months. On
Wednesday, the girl and two
more students of her class sat
inside the van while the van
driver had gone to bring other
students of higher classes.
Mehfooz who was also waiting
for students of his van came
close to the girl, groped her
and kissed her. The girl felt suffocated due to that forceful
act, said a police officer.
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floated for procurement of equipment. The
commissioning of the laboratories will be complete
by May next year," said the official.
In another related development, the
Government is also planning to keep operation
theatres functional in the State-run hospitals on
all Saturdays. Baba Saheb Ambedkar Hospital,
Deen Dayal Upadhyay Hospital and
Sanjay?Gandhi Hospital, among others are the first
few hospitals that will keep their OTs functional
on Saturdays in the first phase.
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evoked a deep sense of
patriotism.
"I feel good when I watch
such a film. Cinema should be
used to carve a character and
sense of patriotism among
the youth of the nation....I
think this is what such a
movie does," he told the
audience.
Advani said they (youth)
should be dedicated towards
the country and the spiritual
character in them will help
them succeed. "To achieve
great success, IQ is not
enough but a person should
have deep rooted spiritualism
in him/her," he said.
The documentary film
enthralled the audience with
the montage and narration by
Pratibha about the various
moments of freedom struggle
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and circle rates on agriculture
land in Delhi, but after this
notification, their circle rate is
now equivalent to market rate.
"Before the notification,
there was huge difference
between market rate and
circle rate. For instance,
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From Page 1
The Government has decided to
inject C70,000 crore in PSBs in four-year
period starting this fiscal with C25,000
crore, of which C20,000 crore would be
given within a month. The remaining
C5,000 crore would come in the last
quarter of this fiscal. Of this C25,000
crore each will happen in 2015-16 and
2016-17 and C10,000 crore each in
2017-18 and 2018-19. Of the C25,000
crore allocated this fiscal, the distribution of C5,000 crore among eight
banks would be decided in the fourth
quarter after looking at the performance of various banks in the first nine
months.
The Government has estimated
capital requirement of PSU banks over
four year period at C1.80 lakh crore. Of
this, banks would have to raise C1.10
lakh crore from the market. The RBI
said in a statement, following a meeting of its central board chaired by
Governor Raghuram Rajan. Indias
Central bank, whose accounting year
goes from July to June had, last year,
transferred C52,679 crore of its surplus
profit to the Government, The central
board of directors of the RBI at its meeting held today (Thursday), approved
the transfer of surplus amounting to
C658.96 billion for the year ended June
30, 2015 to the Government of India.
Adhia said this estimate is based on
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From Page 1
We reject any attempt to use
terrorism as an instrument of
State policy. Infiltration into our
territory and attempts to create
mayhem will be dealt with a
strong hand, he said.
Stressing on the need for
peace and furthering regional
cooperation he said: Peace,
friendship and cooperation bind
nations and peoples together.
Recognizing the shared destiny
of the Indian sub-continent, we
must strengthen connectivity,
expand institutional capacity
and enhance mutual trust to further regional cooperation. As we
make progress in advancing our
interests globally, India is also
engaged in pro-actively promoting goodwill and prosperity in our immediate neighbourhood. It is heartening that the
long-pending land boundary
issue with Bangladesh has been
finally resolved.
Vested interests chip away
at social harmony, in an attempt
to erode many centuries of secularism. In an age of instant
communication through everimproving technology, we must
,QGLDSOHGJHV,UDQPQ
From Page 1
A MoU was signed
between India and Iran for
development and operation of
two terminals at Chabahar
Port on May 6, 2015 and discussions are on for concluding
the agreement between the
organisations of the two
Governments.
Gadkari said that the
Ministries of Shipping, Finance,
Commerce and Industry will
together deliberate on the issue,
including how to take ahead
the ports development in phases.
The port which is located
at the convergence of the
Indian Ocean and the Sea of
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From Page 1
Nor did the then Finance Ministers (Pranab
Mukherjees) proposal, when he introduced the
Bill in 2011, have any 18 per cent cap. So that is
clearly an afterthought, he said.
The Finance Minister said the rates would be
decided as per the fiscal position and economic
situation and the Constitution need not be
amended for that.
On the Congress demand for a dispute
redressal authority, the Standing Committee
had unanimously recommended that we must not
have the dispute redressal mechanism or authority in the Bill, Jaitley said.
All Congress party members were privy to
that report. Chidambaram accepted that report
in 2013, and then accepted the formula that disputes should be resolved in the GST Council
which is one-third central voting power, two-third
States with three-fourth majority required for any
decision, Jaitley said. So both these conditions
are contrary to what its own stand was when he
was Finance Minister, he added.
The third condition of up to one per cent additional tax for inter-State movement of goods was
a compromise between the Centre and the States,
to which Congress-ruled States were privy.
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What is at the crux of the matter is, however, that the focus of the programme
is not toilet construction but on behaviour change and community involvement
in Sanitation as the preferred approach. The States are free to choose their
approach, given their socio-economic-cultural milieu.
Realising that the health benefits accrue only when the entire village becomes
free from open defecation, my Ministry has focussed on creating open defecation free (ODF) villages, besides increase in coverage. The parameters of ODF
have now been standardised and a uniform definition provided to the States.
The process is now on to roll-out the mechanism for verification of ODF by
the States. A framework is also being put in place to incentivise better performing
States, so that focus is on outcomes and moving ahead on a fast track.
CaPX]X]V^U2^[[TRc^ab
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We are also making efforts to provide safe and potable drinking water to
all the rural population. Though we have already achieved the millennium development goal, the issues related with the quality of drinking water in the rural
areas still remain a concern. In order to achieve the targets, my Ministry has
formulated guidelines to provide minimum 8 to 10 liters per capaita per day
potable water through suitable community water purification plants in water
quality affected habitations. In the naxal affected and difficult areas, 20,000 habitations across the country are being provided with solar power based dual pumping piped water supply in collaboration with national clean energy fund.
In the states of Assam, Bihar, Jharkhand and Uttar Pradesh, a separate World
Bank assisted project costing Rs. 6000 cr. has been launched. The project is estimated to benefit about 78 lakh rural populations in these states with provision
of piped water supply.
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he Congress on Friday
alleged that Lok Sabha
T
Speaker Sumitra Mahajan was
pressurised by the Government
to admit the adjournment
motion on Lalit Modi issue. It
also attacked the NDA
Government saying the BJP
was running a weak and inefficient Government, which had
no coordination plan either in
the Lok Sabha or the Rajya
Sabha to ensure smooth functioning of Parliament.
Congresss leader in the
Lok Sabha, Mallikarjun Kharge,
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proved in this session. The ruling party did not want the
house to run. BJP is intoxicated with power. No major
Legislative business could be
transacted in either House of
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in a statement.
CRPF officer Prakash
Ranjan Mishra has become
the only person from paramilitary or police forces to have
been decorated with a gallantry medal the seventh time
for displaying exemplary
courage in anti-Naxal operations.
Mishra, a commandotrained officer of the elite CoBRA
unit of the CRPF, has been honoured with the Police Medal for
Gallantry (PMG) on the eve of
the Independence Day.
The officer is on a special
deputation to Jharkhand Police,
since May 2013, from CRPF
and is currently posted as
Additional Superintendent of
Police in Naxal-affected Khunti
district of the State. He is a
Deputy Commandant rank
officer in the CRPF.
Forty seven medals have
been awarded for displaying
conspicuous valour in Naxal
theatre, whereas, North East
D_`3ecd_]c_VVYSYQ\cQbbUcdUTV_bWbQVd
New Delhi: The CBI on Friday
arrested Customs Commissioner Atul Dixit, Deputy
Customs Commissioner Nalin
Kumar and businessman
Sahdev Gupta here in a graft
case in which the trio had
allegedly defrauded the
Government exchequer to the
tune of over C74 crore.
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he Union Ministry of
Home Affairs has taken a
T
series of proactive steps to
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ugust 30 is going to be a
historic day in the modern
A
political history of Bihar. It is
likely to script a new preface of
political future of the State.
That day, two old comrades,
whose friendly and unfriendly ties saw many ups and downs
in the past quarter century, will
be seen rubbing shoulders at a
pre-poll rally at the historic
Gandhi Maidan here.
Incidentally, Prime Minister
Narendra Modi will hold a rally
in Bhagalpur two days later on
September 1 and may make
some big announcement.
Chief Minister and JD(U)
leader Nitish Kumar and former
Chief Minister and RJD supre-
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n a major development in
the cash-for-vote scam, the
IAnti-Corruption
Bureau court
in Hyderabad on Friday
ordered that the voice samples
of two Telugu Desam Party
members of Telangana
Assembly be sent to the State
Forensic Science Laboratory
for comparison with the voices on audio and videotapes.
The two MLAs include A
Revanth Reddy, the prime
accused and S Venkata
Veeraiah another accused in
in the case of bribing a nominated member of Assembly
Elvis Stephenson.
Both the MLAs were
arrested by the Telangana
ACB and questioned about
their role in the scam.
Presently they are out on bail.
The order came after the
Anti-Corruption Bureau filed
a memo before the court on
Friday seeking directions that
the records of speeches of the
two MLAs in the State
Assembly should be sent to
the SFSL for testing.
The ACB also handed
over the recorded speeches of
the two MLAs in the
Assembly to the court.
Accepting the request of the
ACB, the court forwarded the
recorded speeches to the SFSL.
The order came a day
after the SFSL report confirmed that the audio and
video tapes of cash-for-vote
scam were genuine and no
tampering was done with
them. ACB had sent 14 audio
and video recordings of
Revanth Reddys meeting with
the nominated MLA Elvis
Stephenson and Venkat
Veeraias telephonic conversation with another accused
when they tried to broker a
deal with Stephenson to
secure his vote for a TDP candidate in legislative council
elections.
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olitical gambles sometimes acquire a momentum beyond initial intent.
The mess in the
Monsoon Session of
Parliament, which ended earlier
this week, is a standout example.
The Congress and the BJP have
walked themselves into a Mexican
standoff from which there is no
easy withdrawal.
One could argue the Congress
is more to blame. It has embarked
on a maximalist, ultra-hardline
position way too early in the life of
the Narendra Modi Government.
A strategy of permanent disruption
that may have made sense at the
end of the fourth year of the
Government, and after a period of
Congress re-building in real-world
politics, outside Parliament, has
been deployed at the beginning of
the second year itself.
The Congress approach has
been quizzical, not just to outside
observers but even to some party
veterans. As early as the Budget
Session, when the Congress had
agreed to help pass the insurance
Bill for instance, there were differences between senior MPs and a
younger brigade, essentially the
Rahul Gandhi generation. It had
led to a shouting match in full view
of other, non-Congress MPs, with
a former Cabinet Minister in the
Manmohan Singh Government
being upbraided by a younger
party colleague for having conceded ground on the insurance Bill
much too easily.
As such, even if the Lalit
Modi episode had not lent itself for
use, the Congress would very likely have come up with a plan to disrupt this session. More than the
resignation of External Affairs
Minister Sushma Swaraj which
would have been a political victory had it happened the Congress
was motivated by the desire to
delay the Constitutional
Amendment Bill for the Goods
and Services Tax. This would
ensure GST would not come into
operation by April 1, 2016, but be
delayed to April 1, 2017.
Consequently, any fiscal benefit
would be denied to the NDA
Government till the 2017-2018
financial year, with only one year
for its term to end.
The Congress other assessment was (and remains) that the
BJP will do badly in Bihar. As such,
it saw the destruction of the
Monsoon Session agenda as part
of the larger pre-election campaign.
Of course, even if Bihar Chief
Minister Nitish Kumar and RJD
chief Lalu Prasad win Bihar, it
remains unclear how this will
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Sir Without going into the allegations and counter-allegations
which are being levelled both by
the ruling combine and the opposition parties against each other,
over whose adamant attitude was
responsible for the washout of the
Monsoon Session of Parliament,
there is no denying that, what
happened has sent wrong signals
across the globe from a country
which is the worlds largest
democracy. The imposition the of
principle of no work, no pay for
MPs continues to remain a
wishful idea.
On the 69th Independence
Day, it is incumbent upon all our
MPs cutting across party lines to
thoroughly introspect if all this is
a healthy sign for the success of
a parliamentary democracy?
What would other democratic
nations learn from us? We, the
people of India, bow our heads in
shame over such disruptive acts.
Hemant Kumar
Via email
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Sir The only culprit of the nonfunctioning of Parliament is the
Congress led by its president
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Sir Of late, and ironically in
this age of modernity and modernisation, blind faith has
trounced Indias rationality. How
else does one explain the tremendous faith so many people repose
in men and women who claim to
have supernatural powers, but are
the proverbial wolves in saints
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Communication, we were
trained in achieving the ethical
ideals of journalism; that is, to
ensure factual reporting with
an aim of educating or informing the general masses, to scrutinise the activities of those in
power and authority, to be
sensitive when reporting or
writing about the victims of
natural or human tragedies,
and finally to remain unbiased.
These canons of journalism
were formulated to keep media
organisations accountable to
the public who rely on journalists to report the truth. I
remember being told that one
of great achievements of our
working democracy is free,
plural and vigorous press.
Reality check
However, the reality is
starkly different. The way news
organisations and media persons conduct themselves, it
seems the fine line between
political activism and journalism is eroding fast. One can
argue that there are compelling
reasons for this inevitable
change: unlike in the distant
past, for example in the
Gandhian era, journalism is no
longer idealism, but a profession. Large media organisations
run for profit and naturally
they are required to cater to the
financial interest of their owners. The major reliable source
of income for media outlets is
advertising, and therefore it
sometimes become impossible
to defy advertisers prejudices.
However, the problem arises
when these interests become so
constricting that truth is compromised.
The Indian media is often
accused of being politically
biased towards the Congress.
But it is natural as the most of
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Journalists dilemma
The tragic story of South
African photojournalist Kevin
Carter is an apt example of
journalists dilemma: to be
first in reporting a tragedy or
to be right. Carter was assigned
the task of capturing heartrending photographs of starvation in Sudan in March 1993.
Following his job requirement
to a T, he took photograph of
a starving frail toddler who was
struggling to approach a feeding centre when a hooded vulture landed nearby to make the
child his prey. Religiously carrying out his assigned task,
Carter took photograph and
left the scene to an imagined
consequence. He was awarded
the Pulitzer Prize for the photograph. But three months
later, Carter committed suicide
out of remorse: he was not
allowed to touch the child for
fear of transmitting disease. His
suicide note, as reported by The
Life and Death of Kevin Carter,
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2WX[S_^a]QP]Xb]^cCP[XQP]XbPcX^]
he recent decision of the
T
Telecom Ministry directing
the internet service providers to
block access to 857 websites
hosting pornographic content
has resulted in a massive outcry. The ban has its origin in a
public interest litigation (PIL)
filed in the Supreme Court in
2013 by Kamlesh Vaswani, a
lawyer, on the pretext that porn
plays a destructive role in society and promotes violence
against women.
Though Communications
and Information Technology
Minister Minister Ravi Shankar
Prasad has explained that it is
not an attempt at Talibanisation
of the internet but a move
based on the SCs observations
while hearing Vaswani's petition, social activists have highly criticised the directive as a
restraint on individual freedom. However, given the public criticism a new order has
been issued asking the service
providers to block access to only
those sites which have child
pornographic content.
is much higher
P Demand for porn, shot
without the consent of women
involved, is higher
P Most of the porn clippings are the result of betrayed
relationship
P A large number of porn
clippings enter the market after
being used to blackmail the
women
P The life of a woman
involved in forced or consented porn is more vulnerable
than a prostitute as it becomes
difficult for a porn actor to
overcome the freezed image
and get rid of the stigma
P High digitalisation has
made the situation worse as
things go viral within a few seconds. In other words it takes
just a few seconds to strip a
woman publically.
P Tendency among people, habituated to porn, to frequently demand change, excitement, and new innovations in
porn
P Most of the porn actors
in India belong to the poor and
oppressed class
P Children of the porn
actors, not being accepted in
the mainstream society, are
often forced into this industry
P The porn actors, in
India, are more vulnerable to
sexually transmitted diseases
The market demand for
porn clippings, especially MMS
shot by hidden cameras, is
much higher compared to the
adult movies. So high is the
demand that even high brands
are unable to safeguard the
modesty of the women.
Reprobates seep through security and implant hidden cameras in washrooms, hotels, hostels, trial rooms, either to gratify their nauseating mentality
or make some quick money.
HRD Minister Smriti Irani
noticed one such hidden camera in the trial room of a Fab
India showroom in Goa. A few
well-known names too have
experienced such humiliation.
A lot of cases related to school
kids have been reported. Of
Frivolous citation of
Indian constitution
Citing Article 19 and 21 of
the Constitution, the annoyed
citizens are trying to substantiate their arguments against
the move of the Government.
Article 21 guarantees the protection of life and personal liberty. It says that no person shall
be deprived of his life or personal liberty except according
to procedure established by the
law. Similarly Article 19 guarantees freedom of speech and
expression. These two articles
are included in our
Constitution to safeguard the
rights of the citizens but not to
ensure loopholes to exploit the
weak.
We are fighting for our
rights but at what cost?
Watching porn within the confinement of our bedroom is of
course our personal choice but
is it limited to our personal
space? Are we watching animated
movie?
When
other human beings are
involved, it doesnt remain a
personal choice.
Many would argue that
some do enter this industry
deliberately. True, sometimes
they do but we need to analyse
the complex structure of our
society to understand the reason. In a patriarchal society
women are either worshipped as
goddesses or consumed as an
object, denying them human
rights. Both the constructed
images constrict the horizon
they live within. Once they
trespass the laxman rekha
they are not taken back. Often
young women who leave home
to be with the men they love are
betrayed. Sometimes women
to carve my future in
Bollywood. However, there are
a lot of people in Bollywood
who discriminate against me. I
dont want to do something that
is illegal in this country. I want
a chance, and I hope that there
is some sense of acceptance.
Despite all her attempts to
change her image she is still
addressed as a porn star. If a
world renowned name is not
able to overcome her past and
start afresh how can we expect
others who are less privileged
in terms of beauty, name and
fame to start anew?
Since time immemorial it
has been the policy of men in
power to criticise women in
public whom they have exploited in private.
Many have argued that
India even being the land of
Kamasutra and Khajuraho
temple considers sex a taboo.
The aesthetic representation of
love and union transcends the
erotic images of Kamasutra
and Khajuraho into something
spiritual. Apart from other
Hindu values depicted through
the sculptors of Khajuraho,
the Kama scenes, when seen
in combination of sculptures
that precede and follow, depict
the spiritual themes such as
moksha. As Stella Kramrisch
puts it, This state which is like
a man and woman in close
embrace is a symbol of moksa,
final release or reunion of two
principles, the essence
(Purusha) and the nature
(Prakriti). The deities and
nymphs symbolise eternal
beauty to be worshipped; not to
be objectified or exploited.
Can we still claim that
watching porn is our personal
choice and it doesnt harm anyone? Either we ban porn completely or grow up to be mature
enough to accept and respect the
porn actors as other professionals without any hypocrisy.
(Anish Gupta and Aaleya
Giri teach Economics and
English respectively at Delhi
University. They can be reached
at pioneer.article@gmail.com)
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Banerjee said.
RBI Governor Raghuram
Rajan, after the monetary
policy announcement on
August 4, had said that the
central bank may cut interest
rate even out of the policy
cycle depending on how
macroeconomic indicators
play out.
RBI mostly tracks the
consumer price inflation for
its policy decisions and its
next review is due on
September 29.
Inflation in food items,
especially rice, vegetables and
fruits, eased at a wholesale
level. Overall wholesale inflation in the food category was
(-)1.16 per cent as compared
to 2.88 per cent in June.
Vegetable prices declined
24.52 per cent, with potato
prices slumping 49.27 per
cent. Inflation in onion was () 0.49 per cent in July, against
18.54 per cent in June.
and healthcare.
Asian markets ended
mixed on Friday as European
stocks were ruling higher as
Parliamentary voting began
for Greeces third bailout
from its foreign creditors.
ICICI Bank was one of
the top gainers (up 3.58 per
cent) while SBI, HDFC,
HDFC Bank and Axis Bank
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FY14.
The Corporation had collected C3,582 crore premium
in April, 2015 against C2,966
crore in April, 2014 and sold
8,43,235 policies in April, 2015
against 7,14,572 policies in
April, 2014, the data said.
On Thursday, LIC
Managing Director VK
Sharma had hinted that the
Coproration had the necessary
approval from the regulatory
authority and it would launch
a ULIP by August-end.
The insurer earlier had a
ULIP plan in January 2013,
that too after a gap of two
years. After the new norms for
traditional products kicked in
from January 1, 2014, life
insurance companies had to
stop selling existing products
and introduce new ones. LIC,
too, had to withdraw its products from the market and
introduced new variants compliant with guidelines.
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n a move to strengthen
insurance penetration in the
Icountry,
Indias largest life
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Raghuram Rajan.
RBI Deputy Governors
Harun R Khan, Urjit Patel, R
Gandhi, and SS Mundra
attended the meeting. Other
Directors of the Central Board
present at the meeting included Anil Kakodkar, Kiran
Karnik, Nachiket Mor, YH
Malegam, Dipankar Gupta, G
M Rao, Ela Bhatt, Indira
Rajaraman, and Damodar
Acharya.
The meeting was also
attended by Government nominee directors on the Central
Board, Hasmukh Adhia,
Secretary, Department of
Financial Services and Ajay
Tyagi, Additional Secretary
(Investment) Department of
Economic Affairs.
Ar vind Subramanian,
Chief Economic Adviser also
attended the board meet.
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West Bengal in terms of investment and would rather encourage its companies to scout for
business opportunities in the
state.
Replying to shareholders'
questions, Mistry said, I think
most Tata companies will look
at Bengal and other geographical areas on 'merit'. Nothing
stops them (group companies)
from looking and we actually
promote them. Mistry said
that it was wrong to say that we
are not investing in Bengal.
TCS is investing in a
new campus, he informed
shareholders, affirming that it
was only a perception among
people that Tatas were not
keen on the state. Mistry,
however, chose not to comment on the Singur issue,
when shareholders asked him
about the Tata Group's outlook towards Bengal.
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Islamabad: Pakistan on Friday
summoned Indias Deputy
High Commissioner here and
lodged a protest over the
National
Investigation
Agencys (NIA) decision not to
oppose bail to Swami
Aseemanand, an accused in
the case of the 2007 Samjhauta
blasts in which 42 Pakistanis
were among 68 killed.
Foreign Office (FO) said
that
Deputy
High
Commissioner JP Singh met
the Director General (SA&
SAARC), who lodged a
protest against the decision of
the National Investigation
Agency (NIA) to not oppose
the bail granted to
Aseemanand on Special
Leave Permission.
PTI
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Prize winning author
IJhumpa
L ahiris second
novel The Lowland is among
the six books which are part
of the summer reading list of
US President Barack Obama.
Obama is currently on a
summer vacation along with
his family in Mar thas
Vineyard an island in
Massachusetts.
Published in 2013, The
Lowland is a novel about two
brothers in Kolkata.
The book was placed on
the shortlist for the 2013 Man
Booker Prize, that eventually
went to The Luminaries by
Eleanor Catton.
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radication of corruption
has snowballed into a
E
major issue over the past couple of years but currently it is
also time to rid our fellow people of those facepalming
moments which are attributed to instances displaying
sheer stupidity. National
Geographical Channels
Science of Stupid is now
returning with Season 3 this
Independence Day.
The current season of
Science of Stupid has come up
with some of the craziest,
most spectacular and painful
user generated clips ever
recorded.
Manish Paul, who has also
hosted the previous two seasons, will explain the logic and
science behind all kinds of
mishap activities performed
by individuals from around the
world. NGC will reveal tricks
on how to get Freedom from
Stupidity this Independence
Day by explaining science in
simple terms, looking at everything including weight, volume,
momentum, combustion and
even how the brain functions.
User generated content
footage of unbelievable fails
have been combined with animation sequences and slowmotion photography to
explain the mishaps.
Paul shared, This new
season features episodes which
are much more exciting than
any you wouldve seen earlier.
It not only has some mind-
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0 lead in the three-match series. The visitors lost opener Lokesh Rahul (5), who was
trapped LBW by Rangana Herath. Shikhar
Dhawan (13) and Ishant Sharma (5) were
at the crease at the end of day's play.
The 25-year-old wicket-keeper batsman
found able allies in Lahiru Thirimanne (44)
and Jehan Mubarak (49) as they put on valuable partnerships to frustrate the Indians.
At lunch time, it looked that India will
run away with an easy victory with Sri Lanka
reeling at 108 for five but Chandimal
changed the complexion of the game as he
clobbered the bowlers to record his fourth
Test century. Chandimal hit 23 boundaries,
including four sixes, in his fighting knock
and raised a 125-run stand with Thirimanne
for the sixth wicket. With Mubarak he was
involved in a 82-run partnership.
Off-spinner Ravichandran Ashwin,
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<96=C2E?2
6^ecP[b^]P\Tb &U^a0aYd]P
?C8 =4F34;78
B08=00BBDA4B
8=380>5<430;
90:0AC0) India ace Saina
BPX]P=TWfP[SdaX]VcWT\PcRW 0?
?;0H43F8C7;>CB>5
?0C84=240=38CB7>F43
Assured of atleast a
bronze at the World
Badminton Championship,
ace shuttler Saina described
her quarterfinal win as special and said patience was
the key to her success, here.
I am very lucky. It
was like a final. It was very
special, said Saina after
ekeing out a thrilling 21-15,
19-21, 21-19 win over 2011
edition gold medallist and
former World No. 1 Wang
Yihan in an hour and 12
minutes gruelling battle.
At the highest level,
the difference is very little.
Everyone is good in the top
10. The margin of error is
very little as you can see it
was 21-19. Luck played a
big role and today for me,
it was lot of patience and
little bit of luck here and
there. she said.
It is a first in many
ways. So I will want to
thank my coaches, my families, parents and my hard
work. It is a god gift for
me, she added.
?C8