Friday, 26 October 2012

Mukesh Ambani richest Indian for fifth straight year: Forbes


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.

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.

Thursday, 25 October 2012

ICRISAT-led research to improve lives of people in semi-arid tropics


The world’s largest international agriculture research coalition, the Fund Council of CGIAR (Consultative Group on International Agricultural Research), has sanctioned two 10-year research programmes directed at improving food, nutrition and income security of billions of poor in the semi-arid tropics of the world.

Person in News : Jaspal Bhatti


Jaspal Bhatti  passed away

Wednesday, 24 October 2012

Profit Sharing Formula in Mining Related Activity


The Mines and Minerals (Development and Regulation) Act, 1957 does not provide for any profit sharing formula between Government and local people. However, the Government has proposed a provision for sharing of benefits with the local population in the draft Mines and Minerals (Development and Regulation) Bill (MMDR bill), 2011, which would enable monetary benefit to families affected by mining related activities, and creation, management and maintenance of local infrastructure in areas affected by mining related operations.

What is Alzheimer’s disease?


Alzheimer’s disease is most common form of dementia (loss of memory). The disease, caused by the degeneration of brain cells and nerves, impacts functioning of the brain, affecting day-to-day activities in its victims. The disease is generally diagnosed in the people over 65-year age. The main symptoms include difficulty in remembering recent events which gradually develops into advance symptoms like confusion, irritability and aggression, mood swings, trouble with language, and long-term memory loss. There is no cure for the disease, which worsens as it progresses, and eventually leads to death.
About a fourth of the world's Alzheimer's patients live in India

What is Youth Unite for Voter Awareness (YUVA) ?


The Election Commission of India unveiled an initiative to identify the missing and non-voters to encourage them for voting. The Commission has designed a YUVA strategy which abbreviates “Youth Unite for Voter Awareness” (YUVA) to encourage increased participation of young women and men in the electoral process.

Person in News : Malala Yousafzai


Malala Yousafzai is a school student and education activist from the town of Mingora in the Swat District of Pakistan’s North-West Frontier Province. She is famous for her education and women’s rights activism in the Swat Valley, where the Taliban has at times opposed girls from attending school. Yousafzai gained prominence by giving interviews in print and on television. She was appointed as chairperson of the District Child Assembly Swat.

Person in News : Monisha Kaltenborn


First Woman Team Principal in Formula one

Persons in News : Felix Baumgartner


First Skydiver to break Sound  barrier

Person in News :Ali Zidan


New Prime Minister of Libya

Five New Non-Permanent Member Countries on UNSC


The UN General Assembly elected five new non-permanent members to the Security Council. The New Members are:    
1. South Korea
2. Luxembourg
3. Argentina
4. Australia
5. Rwanda
The newly elected member countries will have 2-year term in UN body that will begin on January 1, 2013.
The members which will be replaced are Colombia, Germany, India, Portugal and South Africa, whose term ends on December 31, 2012.


The others Non permanent members in Security Council are Azerbaijan ,Guatemala , Morocco ,Pakistan ,Togo from 1 January 2012 to 31 December 2013.

Person in News :Anaka Alankamony


Indian Squash player Ms Anaka Alankamony clinched Ipswich Open women’s title after defeating top seed Kylie Lindsay of New Zealand.

Person in News : Yash Chopra


Renowned filmmaker Yash Chopra(80) passed away.

Human DNA Profiling Bill soon

The Human DNA Profiling Bill, to create a DNA data centre to profile people accused of serious crimes and unknown deceased is on the anvil
  • Proposal was considered in 2007, but then dropped down due to factor in ethical, moral and legal issues on the sensitive issues.
  • The Bill is drafted by the Department of Biotechnology.
  • The bill allows DNA profiling for cases of culpable homicide, murder, etc.

Bharti Airtel: World’s fourth largest mobile operator


As per the ‘Scoreboard’ report by analyst firm Wireless Intelligence,Bharti Airtel with over 250 million mobile subscribers is world’s fourth-largest operator in terms of subscribers. Airtel overtook Telefónica ofSpain to reach this position.

Persons in News: Sunil Gangopadhyay


Eminent Bengali writer and poet Sunil Gangopadhyay passed away.

EC prohibits publication/broadcast Opinion Polls during election in Gujarat and HP


The Election Commission put a ban on the publication/broadcast kind of opinion poll during the period of assembly elections in Gujarat and Himachal  Pradesh.

Hyderabad ranked 3rd best city for 2013 visit


Travel guide book Lonely Planet ranked Indian city and capital of Andhra Pradesh, Hyderabad at 3rd position to visit in 2013.