Mukesh Ambani has retained his position as the world’s
richest Indian for the fifth year in a row, although his net worth declined by
$1.6 billion to $21 billion but remained well above that of the second-ranked
Lakshmi Mittal.
Friday, 26 October 2012
Burma Rakhine violence
New clashes
between Muslims and Buddhists have broken out in volatile western Myanmar,
leaving people dead and more than a thousand homes burned to the ground.
Italian court convicts scientists who were not able to give earthquake warning
An Italian court sentenced six scientists and a government
official 6-year imprisonment on the charges
of manslaughter. The scientists were accused of not being able to give adequate
warning of an earthquake that killed more than 300 people in L’Aquila in 2009.
All the convicts who were
member of National Commission
for the Forecast and Prevention of Major Risks, were accused of negligence
and malpractice in assessing the danger and informing the city about the risks.
France will provide car maker Peugeot
Citroen, a €7 billion ($9.1
billion) bailout package.
Why this move?
The government in France wants
to rein in rising unemployment. In return of this rescue package the government
is expected to demand a reduction in layoffs. The car-making sector is also
critical to the French economy.
Bangladesh awarded Jagjivan Ram with “Friends of Liberation War Honour”
Bangladesh awarded
Former Deputy Prime Minister and Defence Minister of
India Jagjivan Ram, “Friends
of Liberation War Honour” posthumously in recognition to his
contribution to the 1971 war.
Person in News : 2012 Hoover Medal to Narayana Murthy
NR
Narayana Murthy, co-founder of Infosys, was honored with prestigious 2012
Hoover Medal at the Global Humanitarian Technology Conference in Seattle,
Washington. The medal was given to recognize Murthy for establishing a
foundation that forges outstanding improvements in healthcare, social
rehabilitation, rural uplift and education. The Infosys Science
Foundation was established in 2009 to encourage science research in
India.
Persons in News: Rajat Kumar Gupta
Two-year
jail term to Rajat Gupta
A U.S.
court sentenced Rajat Gupta (63), the former Goldman Sachs Director and McKinsey and
Company Managing Partner a 2 year jail term.
Infant Mortality Rate Reduced to 44 Per 1000 Live Births during 2011
Infant Mortality Rate (IMR) has dropped by 3 points
from 47 to 44 infant deaths per 1000 live births during 2011. As per October
2012 bulletin of the Sample Registration System (SRS) released by the Registrar
General of India (RGI), the IMR for rural areas has dropped by 3 points from 51
to 48 infant deaths per 1000 live births while the Urban rate now stands at 29
from the previous 31/1000.
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