Thursday, February 5, 2015

Putin, Merkel and Hollande talks on Ukraine

5 02 2015 France's President Francois Hollande (R) talks with German Chancellor Angela Merkel (Reuters / Daniel Dal Zennaro)
Putin, Merkel and Hollande will have talks to bring end to civil war in Ukraine.
The leaders of the three states will discuss what specifically the countries can do to contribute to speedy end of the civil war in the southeast of Ukraine, which has escalated in recent days and resulted in many casualties,” Russian president.
French president and the German chancellor are set to visit Moscow on Friday after a trip to Kiev, in order to find a peaceful solution to the escalating violence in Ukraine, the Kremlin has confirmed.
Leaders of Germany and France will meet with Ukrainian President Petro Poroshenko in Kiev on Thursday and his Russian counterpart Vladimir Putin in Moscow on Friday, according to Reuters.
“Together with Angela Merkel we have decided to take a new initiative,” Hollande told a news conference. “We will make a new proposal to solve the conflict which will be based on Ukraine’s territorial integrity.”
“In view of the escalating violence in recent days, the chancellor and President Hollande are intensifying their efforts, which have been going on for months, for a peaceful settlement to the conflict in eastern Ukraine,” Merkel’s spokesman Steffen Seibert said in a statement.
Medi agencies

Fighting between Myanmar army, ethnic insurgents leaves at least 20 killed

Clashes between Myanmar soldiers and ethnic insurgents this week has killed at least 20 people near the northeastern border with China, Reuters reported. Myanmar’s Information Ministry said on Thursday that nine soldiers and 11 rebels were killed in a series of clashes from Monday in northern Shan and Kachin states. Various rebels groups have fought the central government in Myanmar since independence in 1948. Clashes often flare up despite ceasefires struck by the government with almost all of the factions.

Eight wounded in rocket attacks on Damascus

At least eight people were wounded in a rocket attack on residential areas of the Syrian capital on Thursday, state news agency SANA said. Shells fired from the east of Damascus could be heard landing in the center of the city, Reuters quoted a witness as saying. The projectiles were fired by Islam Army, an insurgent group based in the eastern Ghouta region on the outskirts of town, according to Lebanon’s Hezbollah-run al-Manar television.

​32 dead, 11 missing, 15 rescued in TransAsia plane crash

The death toll in the crash landing of TransAsia plane in northern Taiwan rose to 32 as of Thursday, with 11 others remaining missing, and 15 people rescued, local officials said, warning that the number of victims could yet rise. TransAsia Airways flight GE235 was carrying 58 passengers when it slammed into a river in Taipei on Wednesday. Thirty one of the passengers were tourists from mainland China. Rescuers have pulled out the bodies of the jet’s pilot and co-pilot, both of whom died in the crash. A black box of the plane has also been retrieved.

Russia files UN initiative to cut off Islamic State’s funding

Russia has introduced a draft resolution to the UN Security Council that focuses on cutting off the Islamic State’s funding. “The draft resolution has already been presented and is currently being discussed. We hope that it will be adopted by the Security Council in the coming days,” spokesman of the Russian Mission to the UN, Aleksey Zaytsev said. The announcement comes a day after the 15-nation Security Council condemned the Islamic State’s execution of the Jordanian pilot, who was being held captive. In November, Russian ambassador to the United Nations Vitaly Churkin said that the Islamic State makes around $3 million per day by selling Syrian and Iraqi oil.

​Suspected ISIS gunmen attack Libya oilfield, kill 12

Twelve people have been killed in an attack by gunmen on a Libyan oilfield, Reuters quoted a local official as saying. Four of the victims were foreign nationals – two Filipino and two Ghanaian. “Most were beheaded or killed by gunfire,” said the commander of a security force in charge of protecting the al-Mabrook oilfield, Abdelhakim Maazab. Islamic State (formerly ISIS / ISIL) is said to be behind the attack, which took place on Tuesday night, according to French diplomatic and Libyan sources. The oilfield is located about 170 km (105 miles) south of Sirte. The latest attack comes after an assault on a hotel in Tripoli that killed at least nine people.

​Over 100 killed in Boko Haram attack in Cameroon

More than 100 people have been killed in a northern Cameroon town in the latest attack by Islamist militant group Boko Haram, Reuters quoted a local civic leader as saying. Residents of Fotokol were murdered inside their homes and in the local mosque on Wednesday. “Boko Haram entered Fotokol through Gambaru early in the morning and they killed more than 100 people in the mosque, in the houses and they burned property,” according to a man who lost one of his sons in the attack.

Greece’s Golden Dawn party members to stand trial on criminal charges

A Greek judicial panel ruled on Wednesday that the leader and members of the extreme right Golden Dawn party, totaling 72 people, will stand trial on accusations of having participated in a criminal group. The party came third in the elections last month with 6.3 percent of the votes. Thirteen members of the party were re-elected to the parliament and were due to be sworn on Thursday, but it is still unknown how the ruling will affect the situation. The party insists the charges are a part of political conspiracy against them.

Russia denounces ISIS murder of Jordanian pilot

Russia’s Ministry of Foreign Affairs has condemned the execution of Jordanian pilot Muadh al-Kasasbeh who was brutally killed by Islamic State militants. The ministry offered its condolences to the family of al-Kasasbeh and the population of Jordan. The statement on the ministry’s official website called for a consolidation of efforts in the fight against terrorism. “Such brutal crimes once more emphasize the necessity to consolidate the efforts of the whole world community in the fight against absolute evil,” the statement said.

Machete attack in NE Congo leaves at least 21 killed

Machete-wielding attackers killed at least 14 men and seven women overnight in the town of Mayangose in the northeastern part of the Democratic Republic of Congo, Reuters reported. Ugandan militants from the Allied Democratic Forces group that operates along the Congo border “this time… spared the young children,” Kavota said. Martin Kobler, head of the UN peacekeeping mission to Congo (MONUSCO), said that over 20 people had been killed in the attack.

No demands yet from Sudan captors of 2 Russians – airline

The captors of two Russian citizens in Sudan have not yet announced any demands for their release, TASS quoted UTair airline officials as saying on Wednesday. The Russian embassy earlier said it was working to free a manager of UTair airline, and a technician of UTair-Engineering, who were reportedly kidnapped in Sudan’s Central Darfur state on January 29 by unknown men.

Jordan ready to intensify role in anti-Islamic State coalition

Jordan will intensify its efforts in cooperation with an international coalition fighting the Islamic State, Reuters quoted a spokesman for the government as saying on Wednesday. The meeting with top security officials was headed by King Abdullah. The statement came a day after militants released a video purporting to show the brutal killing of a captured Jordanian pilot. “We are talking about a collaborative effort between coalition members to intensify efforts to stop extremism and terrorism to undermine, degrade and eventually finish Daesh,” Mohammad al-Momani said, using an Arabic acronym for the Islamic State.

German govt approves draft law to prevent jihadist recruitment

Chancellor Angela Merkel’s government approved a draft law on Wednesday aimed at preventing radical German Muslims from traveling to Iraq and Syria, Reuters said. The bill, when approved by parliament, will make Germany the second EU member state after France to implement “foreign fighters” measures sought by the UN in a resolution last year, according to Merkel’s spokesman, Steffen Seibert.

Australian reporter Greste freed in Egypt arrives in Brisbane

Al-Jazeera journalist Peter Greste arrived home in Australia on Thursday after his release from Egypt, AFP reported. The award-winning correspondent was deported from Cairo on Sunday. Greste was detained for more than 400 days for allegedly aiding the blacklisted Muslim Brotherhood.

EU criticizes Jordan for execution of jihadists after pilot killed

The EU has issued a statement of solidarity with Jordan over the killing of one of its military pilots by Islamist fighters, but criticized Amman’s immediate execution of two Iraqi jihadists, Reuters reported. “While all efforts must be made to counter terrorism and hold the perpetrators accountable, our reaction to the threat posed by [the Islamic State] needs to be consistent with our common values on justice and the rights of prisoners,” foreign policy chief Federica Mogherini said on Wednesday.

Egypt court sentences 230 anti-Mubarak activists to life

An Egyptian court on Wednesday sentenced 230 activists from the 2011 revolt against Hosni Mubarak to life imprisonment, France 24 TV said, citing judicial sources. They included leading campaigner Ahmed Douma. Thirty-nine other defendants, all minors, were sentenced to 10 years in prison. All the defendants were reportedly found guilty of taking part in clashes with security forces near Cairo’s Tahrir Square in December 2011.

Ukraine parliament complains about Russian officials to Hague Tribunal

Ukraine’s parliament, the Verkhovnaya Rada, on Wednesday recognized the jurisdiction of the Hague Tribunal. MPs also reportedly asked the court to bring Russian officials to justice for alleged crimes against Ukraine. The parliament also asked Ukrainian security services to collect evidence against officials in Russia and the self-proclaimed Donetsk and Lugansk republics in eastern Ukraine about their alleged crimes.

Nearly 1,000 Iraq Kurdish fighters killed battling Islamic State since June

Nearly 1,000 Iraqi Kurdish Peshmerga fighters have been killed fighting the Islamic State jihadist group since June, AFP reported. Jabbar Yawar, the secretary general of the ministry responsible for the Peshmerga, said on Wednesday that 999 Kurdish fighters were killed and 4,569 wounded between June 10 and February 3. Previous casualty figures released on December 10 put the toll at 727 killed and 3,564 wounded.

Amnesty International urges wealthy nations to accept Syrian refugees

Amnesty International says wealthy nations should agree to accept hundreds of thousands of Syrian refugees, maintaining they cannot safely remain within the region, AP said. About 380,000 of the 4 million Syrians sheltering in neighboring Lebanon, Jordan and Turkey should be relocated abroad, the humans rights watchdog said in a report on the Syrian refugee crisis. The report published on Wednesday found that about 80,000 had been offered new homes as refugees overseas, while 300,000 more remain in legal limbo.

US-led forces launch 11 airstrikes on Syria’s Kobani

The US and its allies launched 11 airstrikes near the Syrian city of Kobani, Reuters said. The strikes were conducted since early Tuesday morning, according to the Combined Joint Task Force. They hit 10 tactical units of the Islamic State (IS, formerly ISIS), destroyed three staging positions and a fighting position. In Iraq, tactical units were targeted, as well as a facility that made improvised explosive devices and checkpoints near the cities of Bayji, Tal Afar, al Asad, Rawa, al Huwayja and Mosul.

Islamic State kills 50 captives in Syria this year

The Islamic State (IS, formerly ISIS) has killed 50 people this year in Syria, accusing them of spying or being enemy fighters, Reuters said, citing a monitor. The ultra-hardline group killed the people mainly through beheadings and shootings, according to the Syrian Observatory for Human Rights. Al-Qaeda’s Syria wing Al-Nusra Front killed six captives, while around 20 others were put to death by other insurgents or pro-government groups, the Observatory said.

Riots in northern Guinea leave 50 injured

Around 50 people were injured in riots in the town of Labe in northern Guinea, Reuters said. People protested a shake-up in the civil service and clashed with security forces, officials said on Wednesday. Labe is a stronghold of opposition to President Alpha Conde, who came to power in 2010 as the country’s first democratically elected leader. Around 24 members of the security forces and 25 civilians were hurt in the riots that started on Monday.

Armed men storm Libya’s al-Mabrook oilfield

Four local employees were possibly killed after an armed attack at the al-Mabrook oilfield in Libya this week, Reuters quoted a French diplomatic source as saying on Wednesday. The oilfield is run by Libyan state-run oil company NOC and France’s Total owns a stake in it. It was closed when the Es Sider oil port shut down in December due to clashes. Total had already withdrawn staff from the site in 2013. “The site was subcontracted to a Libyan firm,” according to the source.

9 Chadian soldiers, 200 Boko Haram fighters killed in clashes

Clashes between Chadian troops and Boko Haram fighters during a raid in neighboring Nigeria on Tuesday killed 200 Islamists and nine soldiers, AFP reported, citing Chad’s military. The military said on Wednesday the clean-up operations in the Nigerian town of Gamboru were continuing.

Minibus carrying Ukrainians collides with truck in SW Russia

A minibus reportedly carrying Ukrainian citizens smashed into a truck in southwest Russia’s Belgorod region on Wednesday, killing 11 people, TASS reported, citing the Interior Ministry. The Mercedes Benz minibus with Ukrainian plates, transporting 14 passengers, was reportedly heading from Kharkov, Ukraine, to Belgorod. It is thought the driver might have fallen asleep at the wheel. The minibus veered into the lane of oncoming traffic and collided with a truck, according to initial reports.

Syria urges Jordan to cooperate in fighting ISIS after pilot killing

Syria urged Jordan to work with it to fight Islamic State (IS, formerly ISIS) and Al-Qaeda’s Syria wing, condemning the “heinous” killing of a Jordanian pilot by militants, Reuters said. The Syrian Foreign Ministry called on Jordan, “to cooperate in the fight against terrorism represented by the organization Daesh and Al-Nusra Front… and other terrorist organizations associated with them in Syria and the region,” Syria’s news agency SANA said on Wednesday.

Russia won’t insist Ukrainians use passports for entry

The Russian Foreign Ministry regrets Ukrainian decision to close the border to Russian citizens with domestic IDs, or passports, TASS reported. However, Moscow will not introduce similar measures for Ukrainians, due to humanitarian reasons, the ministry said. It added that Russia has not yet received official notification from Kiev that starting on March 1, Russian citizens will be able to enter Ukraine only with an international travel passport.

Turkish regulator seizes control of bank linked to president’s rival Gulen

Turkey’s banking regulator has taken over control of Bank Asya, affiliated with a moderate Islamic movement which is locked in a feud with the government, AP said. The Banking Regulation and Supervision Agency said that the saving deposit insurance fund had seized control of Bank Asya’s management, appointing a new CEO and board, citing a violation of banking regulations on transparency. The move comes amid a government crackdown on the movement led by US-based cleric Fethullah Gulen. Turkey has issued an arrest warrant for Gulen accusing him of plotting against the government.

‘Security reasons’ behind new Ukraine border rules for Russians – Poroshenko

Russian citizens will be required to present international passports when crossing into Ukraine starting from March 1 due to “security reasons,” Ukrainian President Petro Poroshenko told reporters on Tuesday. “The decision to tighten policy was solely based on security concerns,” Poroshenko said. The new passport rule was signed into law on Tuesday by Ukrainian Prime Minister Arseny Yatsenyuk. Prior to the new rule’s implementation, Russian citizens have qualified for visa-free entrance into Ukraine that required only a domestic passport. Earlier, Yatsenyuk reportedly attributed the new travel rule to an idea produced by Russian President Vladimir Putin. This was dismissed by Russian Foreign Minister Sergey Lavrov on Tuesday. “In reference to the international passport requirement for Russian citizens, if I heard correctly, the Prime Minister Yatsenyuk said that this initiative was initially Putin’s, who at one point expressed this idea…what Yatsenyuk said is not true,” Lavrov stressed. Ukrainian citizens are still exempt from the need to have international passports when crossing the Russian border. Media agencies

Repo in Corporate Debt Securities :Reserve Bank Directions

5 02 2015
Repo in Corporate Debt Securities (Reserve Bank) Directions, 2015

In order to further develop the corporate debt market, RBI has decided to permit bonds issued by multilateral financial institutions like World Bank Group (e.g., IBRD, IFC), the Asian Development Bank and the African Development Bank in India as eligible underlying for repo in corporate debt securities.

The Reserve Bank of India having considered it necessary in public interest and to regulate the financial system of the country to its advantage, in exercise of its powers conferred by section 45W of the Reserve Bank of India Act, 1934 (RBI Act) and of all the powers enabling it in this behalf, gives the following directions to all the persons dealing in repo in Corporate Debt Securities.
Short title and commencement of the directions– These directions may be called the Repo in Corporate Debt Securities (Reserve Bank) Directions, 2015 and they shall come into force with effect from February 03, 2015 and shall supercede all other Directions issued in this regard.

Eligible underlying collateral for repo in Corporate Debt Securities
·         Listed corporate debt securities of original maturity of more than one year which are rated ‘AA’ or above by the rating agencies registered with Securities and Exchange Board of India (SEBI), that are held in the security account of the repo seller, in demat form.
·         Commercial Papers (CPs), Certificates of Deposit (CDs) and Non-Convertible Debentures (NCDs) of original maturity upto one year which are rated A2 or above by the rating agencies registered with SEBI.
·         Bonds which are rated ‘AA’ or above, by the rating agencies registered with SEBI or internationally recognised rating agencies, and which are issued by multilateral financial institutions like the World Bank Group (e.g., IBRD, IFC), the Asian Development Bank or the African Development Bank and other such entities as may be notified by the Reserve Bank of India from time to time.

Tenor- Repos in corporate debt securities shall be for a minimum period of one day and a maximum period of one year.
Trading– Participants shall enter into repo transactions in corporate debt securities in the OTC market.
Reporting of Trades– All repo trades shall be reported within 15 minutes of the trade on the reporting platform of Clearcorp Dealing Systems (India) Ltd. (CDSIL).

Settlement of trades
·         All repo trades in corporate debt securities shall settle either on a T+0, T+1 or T+2 basis under DvP I (gross basis) framework.
·         Repo transactions in corporate debt securities shall be settled through the clearing house of the National Stock Exchange (NSE), i.e., the National Securities Clearing Corporation Limited (NSCCL), the clearing house of the Bombay Stock Exchange (BSE), i.e., Indian Clearing Corporation Limited (ICCL), and the clearing house of the MCX-Stock Exchange, i.e., MCX-SX Clearing Corporation Limited (CCL), as per the norms specified by NSCCL, ICCL and CCL from time to time.
·         On the date of reversal of repo trades, the clearing houses shall compute the obligations of the parties and facilitate settlement on DvP-I basis.

Prohibition on sale of repoed security– The security acquired under repo shall not be sold by the repo buyer (lender of the funds) during the period of repo.
Disclosure–The details of corporate debt securities lent or acquired under repo or reverse repo transactions shall be disclosed in the “Notes on Accounts” to the Balance Sheet.

The document on directions is enclosed herewith for your ready reference.

Warm regards,

Dr. S P Sharma
Chief Economist & Director-Research

AAP survey predicts

5 02 2015
AAP survey predicts decisive landslide victory in February 7 elections
Wednesday, February 4, 2015
Aam Aadmi Party leader and noted psephologist Yogendra Yadav on Wednesday made public the findings of the pre-poll survey commissioned by the party before the Delhi assembly elections.
Survey findings are based on questions to 3188 respondents (the exercise conducted on Jan 31 & Feb 1) in 35 constituencies (odd assemblies picked).
The main findings of the survey are :
  • Choice for CM           : Arvind Kejriwal 53%, Kiran Bedi 34 %, Ajay Maken 7 %
  • Party vote percentage : AAP 46%, BJP 33%, Cong 11 % (finally adjusted from raw data)
  • Seat projection for parties (likely scenario) : AAP 51, BJHP 15 and Cong + others 4.

Please find attached the entire AAP survey findings and the power point presentation.

Speaking about the opinion polls, Yogendra Yadav said the direction of all major polls published and telecast by the newspapers and news channels this week are unanimous in their findings that the AAP is headed for a clear victory in Delhi assembly elections.
He requested all the agencies which have conducted these pre-poll surveys to make public their raw data, which will make the exercise more credible.
AAP Media celll

‘The Iconisation of Yogmaya Neupane’

5 02 2015
Nehru Memorial Museum and Library
cordially invites you to a Public Lecture
(in the ‘India and the wider World’ series)
at 3.00 pm on Friday, 6th February, 2015
in the Seminar Room, First Floor, Library Building
‘The Iconisation of Yogmaya Neupane’


Prof. Michael Hutt,
School of Oriental and African Studies South Asia Institute,
University of London, UK.

According to a popular tradition, on 14 July 1941 an elderly female religious ascetic named Yogmaya Neupane committed suicide by hurling herself into the raging Arun river in the Bhojpur district of eastern Nepal.  67 other people followed her example, and none of their bodies was ever found.  On 8 March 2011, to mark International Women’s Day, a statue of Yogmaya Neupane was unveiled in the district headquarters town of Bhojpur.  This was the latest development in an iconisation process that constructs and promotes Yogmaya as Nepal’s first female revolutionary.  In this lecture Prof. Hutt will attempt to establish the facts of Yogmaya’s life, so far as this is possible, present and discuss a selection of verses from Sarvartha Yogabani, the text that is held to preserve her utterances, and then analyse the attempts that have been made by various activists and scholars to construct her as, variously, a feminist rebel, a social reformer, and a progressive poet.

Prof. Michael Hutt holds a BA in South Asian Studies (Hindi) and a Ph.D. on the history of the Nepali language and its literature, both from SOAS, University of London.  He has been engaged in teaching and research relating to Nepal and the Himalaya at SOAS since 1987 and has served as Head of the South Asia Department and Dean of the Faculty of Languages and Cultures.   He has also published on Nepali and Bhutanese politics, the Nepali diaspora in India, Nepali art and architecture, and the Bhutanese refugee issue.  His most recent books are The Life of Bhupi Sherchan: Poetry and Politics in Post-Rana Nepal (2010) and Eloquent Hills: Essays on Nepali Literature (2013).

South African Tourism’s annual road show

5 02 2015

South African Tourism (SAT) organizes one of the biggest road show’s in India and year-on-year, the tourism board has received a tremendous response for this multi-city event. The road show has proven to be an effective platform for the Indian travel trade partners to meet products and suppliers from South Africa and to interact and identify mutually beneficial areas of collaboration.

As you might be aware, India is among the top three tourism source markets for SAT in Asia and the tourist arrival figures from India to SA has seen an evident growth. In order to sustain progress and widen its audience reach in India, South African Tourism will continue to invest heavily in stakeholder engagement initiatives, to explore newer markets, traveler segments and plan focused initiatives to leverage the available opportunities. SAT did face few challenges in 2014 but they have a robust and ambitious goal for India in the coming months.

There are around 63 South African companies participating in the road show this year with many making their India debut.  Ms. Hanneli Slabber, Country Manager, South African Tourism, India, will be present on the occasion and would be able to share details on the following points:

  • Brief on the Road show this year. How is it different from last year? Variety of SA products and suppliers have come to India  for this road show
  • Importance of India market (India is among top 3 in Asia and top 10 globally for SAT)
  • Importance of New Delhi market for South African Tourism
  • Length of stay and spends related trends from Indian travelers to South Africa
  • Recent initiatives undertaken by SAT in India to promote South Africa and plans for 2015
  • Newer activities that Indians are taking up in SA (Voluntourism, Unique adventure activities, Self-drive holidays, Destination wedding etc.)
  • Growing MICE Tourism segment and future opportunities

Also, the road show will provide the media an opportunity to interact with South African suppliers who can share details on:

  • Why India is an important market for them? How many Indians do they actually see every year (in a game reserve, or doing adventure activities, or visiting vineyards etc.)
  • What products and services do they offer and how it would appeal to Indian travelers?
  • Trends observed by SA products with regards to Indian travelers
  • Arrival figures, length of stay and spends of Indian travelers visiting SA

We would be happy to facilitate an interaction for you with Ms. Hanneli Slabber, Country Manager, South African Tourism, India and South African suppliers who might be of interest to you.

Please find attached Ms. Slabber’s profile and the list of South African suppliers who will be present at the Roadshow this year.

Look forward to hearing from you.

Aakriti Jain I Account Executive I Avian Media
A-33, Second Floor, Feroze Gandhi Road
Lajpat Nagar-II, New Delhi 110024

Raghuram Rajan ‘Dullard Grade’ RBI Governor – Opposes FDI

5 02 2015
Raghuram Rajan ‘Dullard Grade’ RBI Governor – Opposes FDI
February04, 2015 (C) Ravinder Singh
It is shocking RBI governor with education qualifications like Burger
– Meat Patty and Cheese Slices and Salad wrapped between Bread Pieces
is junk food. He has Engineering Degree followed by MBA and ‘Essay On
Banking’ = JUNK GRADE.
He doesn’t understand a thing, can’t even Read Simple RBI Stats that I
could comprehend as 3rd or 4th Standard Student.
    Industry contributes under 25% of GDP – Manufacturing less than 30%
therefore contributes just 7.5% of GDP but even this weight of
Consumer Durables which has highest Value Additions is barely 8.46% or
roughly 2% of GDP.
    In last 8 months even Consumer Durable Share of 2% has further
collapsed by over 30% – What is the Logic of Keeping Foreign Companies
Out of Indian Market? – India should actually attract 100% FDI in all
sectors Until Indian Companies are Prepared to Compete With Foreign
Investors and Supporting Indian R&D based Small & Medium Companies and
Strengthening PATENT OFFICE.
    When Banks Should Charge ‘PENAL INTEREST RATES’ on Companies Who Had
Not ‘Paid Back’ Loans on Time. Rs.50,00,000 Crore is Locked Up and not
Paid Back.
    RBI should have INSISTED on ‘Reducing Petroleum Prices to Rs.35 Per Liter’.
    RBI should INSIST on 30% to 50% Equity for Public in SEBI Companies.
    RBI should have INSISTED on 50% of Capital for Projects to come from
IPOs not Bank Loans.
    RBI should have INSISTED on Intellectual Property Rights for Indians.
Massachusetts Institute of Technology, Ph.D., May 1991. Thesis: Essays
on Banking.
Indian Institute of Management (Ahmedabad), M.B.A., March 1987.
Indian Institute of Technology (Delhi), B.Tech. (Electrical), May
No. 22: Index of Industrial Production (Base : 2004-05=100)
INDUSTRY    Weight     2012-13    2013-14    Oct.2014
General Index    100.00    172.2    172.0    162.4
2 Use-Based Classification
2.1 Basic Goods    45.68    153.6    156.9    162.0
2.2 Capital Goods    8.83    251.6    242.6    241.5
2.3 Intermediate Goods    15.69    146.7    151.3    145.9
2.4 Consumer Goods    29.81    190.6    185.3    148.3
2.4.1 Consumer Durables    8.46    301.1    264.2    191.7
2.4.2 Cons. Non Durables    21.35    146.9    154.0    131.1
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, New Delhi-110016, India. Ph; 091- 9718280435, 9650421857

BBC: Buddhists: Mummified monk ‘not dead’

5 02 2015

A mummified monk found preserved in Mongolia last week is shocking those who uncovered him.
A mummified monk found preserved in Mongolia last week is baffling those who uncovered him, with senior Buddhists saying he is still alive.