Saturday, November 14, 2015

The Central Government announced FDI reforms in 15 major sectors
The Government in the last few months has introduced many FDI policy reforms in a number of sectors viz. Defence, Rail Infrastructure, Construction Development, Insurance, Pension Sector, Medical Devices, White Label ATM Operations, Investments by NRIs on non-repatriation basis and has introduced composite cap for foreign investment. Measures undertaken by the Government have resulted in increased FDI inflows in the country. However, it was felt that the country has potential to attract far more foreign investment which can be achieved by further liberalizing and simplifying the FDI regime.
The Government in order to boost the investment environment and to bring in foreign investments in the country, has brought in FDI related Reforms and liberalisation touching upon 15 major Sectors of the Economy.  The salient measures are:
·         Limited Liability Partnerships, downstream investment and approval conditions.
·         Investment by companies owned and controlled by Non-Resident Indians (NRIs)
·         Establishment and transfer of ownership and control of Indian companies
·         Agriculture and Animal Husbandry
·         Plantation
·         Mining and mineral separation of titanium bearing minerals and ores, its value addition and integrated activities
·         Defence
·         Broadcasting Sector
·         Civil Aviation
·         Increase of sectoral cap
·         Construction development sector
·         Cash and Carry Wholesale Trading / Wholesale Trading (including sourcing from MSEs)
·         Single Brand Retail Trading and Duty free shops
·         Banking-Private Sector; and
·         Manufacturing Sector
The Crux of these reforms is to further ease, rationalise and simplify the process of foreign investments in the country and to put more and more FDI proposals on automatic route instead of Government route where time and energy of the investors is wasted. 
For Details of these changes click the following link.

Naresh —
Hillary will be on that debate stage tomorrow making her case for how she’s going to help millions of Americans — and that’s exactly who’s going to get her to the White House.
This campaign won’t be decided by a handful of billionaires writing checks; it will be won or lost on the actions of everyday people giving whatever they can to support this campaign.
I hope she can count on you. She’s working for all of us. Let’s make sure she knows she has our support:
Naresh, donate $1
Today at 3:02 AM


–Second Leg of the Program to be held at Sector 42 Stadium –

–Top Player from the Program will Attend the NBA Development League
National Tryout in the United States  –

CHANDIGARH, Nov. 14, 2015 – The second leg of ACG-NBA Jump, India’s first national basketball talent search program will tip off in Sector 42 Stadium, Chandigarh on November 21, 2015.  Satnam Singh, the first Indian-born player to be drafted into the NBA, had tipped off the program at the Thyagraj Sports Complex in Delhi on Oct. 26.  As part of the National Basketball Association (NBA) and ACG Worldwide Group’s (ACG) commitment to grow basketball in India, the first-of-its-kind program will provide basketball players from around the country the opportunity to develop their skills under the guidance of NBA-certified coaches.  One top player from the ACG-NBA Jump program will receive the opportunity to attend an NBA Development League (NBA D-League) tryout in the United States.
“ACG-NBA Jump is the next step in our continued commitment to grow the game of basketball in India,” said NBA India Managing Director Yannick Colaco.  “With Sim Bhullar becoming the first player of Indian descent to play in the NBA and Satnam Singh becoming the first Indian-born player to be drafted into the NBA, basketball playing youth in India now have relatable figures to look up to, and this program will give them the opportunity of a direct path to the professional ranks.
“Promotion of sports and youth development has always been a part of ACG’s CSR vision and this program is an important milestone towards realization of this vision,” said ACG Director Karan Singh.  “Overarching goal of the program is to identify and hone huge untapped talent pool of basketball in India. We strongly believe that our partnership with NBA to tap this potential can create a solid platform for the aspirants who are talented but do not have access to such platforms.   This initiative will also take basketball to almost every corner of India and encourage the youth to take it up as a serious sporting option.”
ACG-NBA Jump will be broken up into three phases.  In the first phase, six regional, one-day elite camps will be held in six cities: Delhi, Chandigarh, Hyderabad, Mumbai, Chennai and Kolkata.  The second phase will consist of a national elite training camp where 32 players selected from the six regional camps will assemble for a four-day training period.  In the third and final phase, one top player from the national elite training camp will be selected to attend the NBA D-League National Tryout in the United States for the opportunity to earn a spot on an NBA D-League roster.  The selected player will continue to undergo training up until the tryout in June 2016.
Sony SIX, the official broadcaster of the program, will create a feature around ACG-NBA Jump, following the program through its various stages and tracking the winner up until his NBA D-league tryout.
The NBA D-League is the NBA’s official minor league, serving to develop players, coaches, and front office executives.  Entering its 15th season, the NBA D-League features 19 teams in the U.S. and Canada, each of which is singly-affiliated with an NBA parent club.  An all-time high 38% of players on 2014-15 NBA end-of-season rosters had NBA D-League experience.
Visit to learn more about the program.  Fans can follow the NBA on Facebook ( and on Twitter (@NBAIndia) and download the NBA App for the latest news, updates, scores, stats, schedules, videos and more.
Program Schedule
26th October
Thyagaraj Stadium (Completed)
21st November
Sector 42 Indoor Stadium
28th November
Gadchibowli Stadium
12th December
IIT Powai
9th January, 2016
Netaji Indoor Stadium
16th January, 2016
Santhome School Indoor Stadium
# # #

About the NBA:
The NBA is a global sports and media business built around three professional sports leagues: the National Basketball Association, the Women’s National Basketball Association, and the NBA Development League.  The league has established a major international presence with games and programming in 215 countries and territories in 49 languages, and NBA merchandise for sale in more than 125,000 stores in 100 countries on 6 continents.  NBA rosters at the start of the 2015-16 season featured 100 international players from 37 countries and territories.  NBA Digital’s assets include and NBA Mobile, which achieved record traffic during the 2014-15 season, as well as NBA TV.  The NBA has created one of the largest social media communities in the world, with more than 915 million likes and followers globally across all league, team, and player platforms.  Through NBA Cares, the league addresses important social issues by working with internationally recognized youth-serving organizations that support education, youth and family development, and health-related causes.
About ACG Worldwide
ACG Cares Foundation is a community service platform for the ACG Worldwide Group. The ACG Worldwide Group is a leading provider of pharmaceutical machinery and products to pharmaceutical companies around the world. ACG is a global leader in hard two piece capsules shells. The group comprises of 14 companies, including subsidiaries in China, USA, Indonesia, Brazil, Thailand and Europe. ACG has 15 manufacturing facilities and more than 4000 associates working around the world. Since its inception, ACG has endeavored to fulfill its responsibility towards society and CSR has always been a part of organizational philosophy. ACG has been working with communities long before CSR became an area of active interest amongst majority of stakeholders.  . ACG’s CSR programme is driven by the basic premise of ‘Giving Back’ to the society and it is channelized through ‘ACG Cares Foundation’, which has actively pursued interventions in the thematic areas of Health, Education, Promotion of Sports and Environment.
About the NBA Development League:
The NBA Development League is the NBA’s official minor league, preparing players, coaches, officials, trainers, and front-office staff for the NBA while acting as the league’s research and development laboratory.  Featuring 19 teams with direct affiliations with NBA franchises for the 2015-16 season, the league offers elite professional basketball at an affordable price in a fun, family-friendly atmosphere.  An all-time high 38 percent of all NBA players at the end of the 2014-15 season boasted NBA D-League experience.  In fostering the league’s connection to the community, its teams, players and staff promote health and wellness, support local needs and interests, and assist in educational development through NBA D-League Cares programs.  Fans can watch all NBA D-League games
Trade and Investment Facilitator (TIF)
October  2015

United Nations’ projection for India’s exports to do well in coming times is quite encouraging for the country. According to Asia-Pacific Trade and Investment Report 2015 recently released by United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) exports from India are expected to relatively do well in 2016 as their shipments are largely directed to advanced economies in Europe and North America that are expected to expand in the coming year.
Presently, India’s exports have registered a negative growth at (-) 24.3% for a consecutive tenth month. In light of the major challenges being faced by Indian exporters in the backdrop of the global economic slowdown Ministry of Commerce and Industry recently announced increased support for export of various products and included some additional items under the Merchandise Exports from India Scheme (MEIS).
Pertaining to global trade growth, WTO lowered forecast for world trade growth to 2.8% in 2015 from 3.3% in April. These revisions reflect a number of factors that weighed on the global economy in the first half of 2015, including falling import demand in China, Brazil and other emerging economies; falling prices for oil and other primary commodities and significant exchange rate fluctuations.
However, World Trade Organisation (WTO) in its recent flagship report World Trade Report 2015 highlighted that full implementation of the Trade Facilitation Agreement (TFA) reached in December 2013 has the potential to increase global merchandise exports by US$1 trillion per annum, with developing countries expected to capture more than half of these gains.
In the direction of strengthening international economic relations India has signed 18 MOUs/ Agreements with Germany during the visit of Chancellor of Federal Republic of Germany to India in the month of October.
Signing of Trans-Pacific Partnership (TPP) Agreement by Ministers of the 12 Trans-Pacific Partnership (TPP) countries, Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, United States, and Vietnam is also a major development at the international level.

The Nehru Memorial Museum and Library
cordially invites you to a Public Lecture
(in the ‘Scientific Temper in India’ series)
at 3.00 pm on Monday, 16th November, 2015
in the Common Room, Second Floor, Annexe Building

‘From GigaWatts to Shunya:
In search of sustainable energy for India’

Prof. Rangan Banerjee,
Indian Institute of Technology Bombay,

Paris attacks: More than 150 killed

Naresh Kumar Sagar
French papers this morning 
Embedded image permalink
Paris attacks: More than 150 killed
Paris attacks: 150+ killed and many injured in a series of terrorist acts.
Paris the capital of France hit by terrotist attack and over 150 people have been killed in a series of attacks targeting young concert-goers, soccer fans and Parisians enjoying a Friday night out at popular nightspots. The worst carnage was at a concert hall hosting an American rock band, where scores of people were held hostage and attackers ended the standoff by detonating explosive belts killing at least 87 people.
Dozens were also killed in an attack on a restaurant. The attack unfolded with three suicide bombings and an explosion outside the national stadium during a soccer match between the French and German national teams. Eight attackers were dead, seven of them in suicide explosions and one killed by security forces in the music venue, Paris prosecutor’s spokeswoman Agnes Thibault-Lecuivre told Associated Press. Authorities apprehend that some attackers might still be at large and they were searching for possible accomplices.
President Francois Hollande has condemned the attacks as terrorism and declared a State of Emergency.
There was no immediate claim of responsibility for the attacks, although jihadists on Twitter immediately praised them and criticised France’s military operations against Islamic State extremists.
The attacks come weeks before global leaders gather in Paris for talks on a UN-sponsored conference on climate change issues.
PARIS CLOSES DOWN PUBLIC SPACES IN RESPONSE TERROR ATTACKS THAT KILLED AT LEAST 120..Paris has closed down many of its public spaces in response to terror attacks, saying on the city’s official Twitter account that “all of the city’s amenities” – schools, universities, museums, libraries, gyms, swimming pools and markets – will be shut down on Saturday.
State of emergency has been declared in France following a series of attacks in Paris, reportedly by people inspired by ISIS. Over 150 people have been killed and many more injured in 7 attacks.Vatican has condemned the attacks as “terrorist madness,” urging a decisive response to “homicidal hatred.”
Iranian President Hassan Rouhani has cancelled his visit to Italy and France following the deadly attacks in Paris, according to Iran’s foreign minister Mohammad Javad Zarif cited by the state news agency, IRNA.
“Due to the terrorist incidents in Paris and in coordination with the hosts, the Iranian president postponed his visit to Italy, Vatican and France to a more convenient time,” Zarif said.
Turkey, which hosts a summit of world leaders this weekend, has condemned attacks by gunmen and bombers in Paris as a crime against humanity, saying it fully supported France and its allies in the fight against terrorism.
“These attacks are not only against the French people but all humanity, democracy, freedoms and universal values. Terror has no religion, no nationality and represents no values. Terrorism is a crime against humanity,” Prime Minister Ahmet Davutoglu’s office said in a statement.
“Turkey is in full cooperation with France and other allied countries in the fight against terrorism … and we will fight with full determination.”
Chinese President Xi Jinping has condemned attacks in Paris and expressed his readiness to join France and the international community in stepping up security cooperation and combating terrorism, the Chinese foreign ministry said, according to Reuters. The Chinese and the French leaders spoke on the phone few hours after the attacks.
President Xi also offered condolences to the victims and their families.
World leaders led by UN Secretary-General today expressed shock and outrage over a wave of bombings and shootings in Paris that left over 120 people dead and pledged solidarity with France.
US President Barack Obama called the attacks an outrageous attempt to terrorise innocent civilians and vowed to do whatever it takes to help bring the perpetrators to justice.
He also telephoned his French counterpart Francois Hollande and offered support in probing the attacks.
UN Secretary-General Ban Ki-moon and the Security Council condemned the “despicable” terrorist attacks. Ban said he trusts that the French authorities will do all in their power to bring the perpetrators to justice quickly.
In a separate statement, the Security Council also strongly condemned what the 15-member body referred to as barbaric and cowardly terrorist attacks. The members of the Council also expressed their deep sympathy and condolences to the families of the victims, as well as to the Government of France.
German Chancellor Angela Merkel said she was deeply shaken by the news.
British Prime Minister David Cameron said he was “shocked” by the Paris attacks and violence.
China strongly condemned the attacks, saying it is greatly shocked by the terrorist attacks that has caused massive casualties.
Russian President Vladimir Putin offered condolences and support to his counterpart Hollande and the French people.
Iran’s President Hassan Rouhani strongly condemned the attacks in Paris, branding them as “crimes against humanity”.
The horrific terrorist attack in Paris has been described as the copycat version of the 2008 Mumbai assault by security experts in Washington who believe that the incident will be a game changer for how the West looks at the threat terrorism presents to all.
A huge fire has broken out at the vast ‘Jungle’ refugee camp near the French port of Calais, just hours after a string of bloody attacks struck Paris, leaving over 100 dead. “There’s about 10,000 square meters on fire. We don’t know the origin of the fire yet…” Phillipe Mignonet said. “The fire brigades are fighting to reduce the fire, but because of the wind it is very difficult.”The Calais deputy mayor told media that the authorities are trying to tackle the blaze.We don’t know yet, because the rescue services are unable to get into the places, because of the intensity of the fire. And because of the wind and bottles of gas it is still quite dangerous,” Mignonet said, as he referred to any possible victims. Media agencies

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