30 AUGUST EMPLOYMENT NEWS 2013

30 AUGUST EMPLOYMENT NEWS 2013
DBTL Scheme extened to 235 districts

DBTL Scheme extened to 235 districts government has decided to extend the direct transfer of cash subsidy to cooking gas consumers in 235 more districts, Finance Minister P Chidambaram.
Oil ministry officials said the scheme would be extended in phases.

The scheme is extended to another 34 districts of the country on September 1 to cover 14.7 million consumers, an oil ministry statement said on Wednesday.

An aadhaar number is mandatory for availing the subsidy in these districts.

The "direct benefit transfer for LPG or DBTL" scheme is now covering 7.3 million cooking gas consumers in 20 districts

India bags Gold in Archery World Cup Stage 4 competition

India bagged a Gold medal in the Archery World Cup Stage 4 competition in Wroclaw, Poland yesterday. 

 In the Women's Recurve Team final, the sixth seeded Indian team of Deepika Kumari, Laishram Bombayla Devi and Rimil Buriuly defeated the top seeded South Korean team of Yun Ok-Hee, Ki Bo Bae, and Joo Hyun Jung, 219-215 to clinch the Gold. 

This is the Indian trio's second successive Gold. They had brought success to the country in July 2013, after winning the Stage 3 meet at Medellin, Colombia.

Deepika concluded the four World Stages with two golds (Medellin, Wroclaw) and two silvers (both Shanghai) and one bronze (Medellin). Deepika had returned empty-handed from Stage 2 in Antalya.

Based on her performances in the four World Stages, Deepika finished inside top seven to qualify for the World Cup Finals to be held on 21 to 22 September 2013 in Paris.

Based on their rankings after four stages of the World Cup, top seven archers in men's and women's sections make the cut for the Finals, while the hosts country (France) get a quota berth. Dola Banerjee is the only Indian to have won a gold in the 2007 World Finals.

Skype under process of developing 3D video calls
Microsoft's corporate vice-president for Skype , Mark Gillett said that
the lab experimentation has been done to analyse the capability of 3D-screens and 3D-capture.
Gillett said that there has been a lot of progress in screens and people have started to buy televisions and computer monitors capable of delivering 3D image, but there is a lack of 3D capture devices and the company has been working on just that, BBC reports.
According to the report, the vice-president said that Skype is working with the technology where multiple cameras need to be attached to the computer, precisely calibrate them and point them at the right angle and are now aiming at using that technology to make it work in practical with supporting devices.
Gillet agreed with Hollywood director James Cameron who said that all forms of entertainment will eventually be 3D but warned that 3D video chats will take longer to catch on than other uses.

RBI opens special dollar window for 3 oil marketing firms

To take the pressure off the rupee due to unrelenting demand for the dollar, the Reserve Bank of India has opened a special window to meet the entire daily dollar requirements of three public sector oil marketing companies.

In the backdrop of the domestic currency’s plunge, the central bank has activated the forex swap window, whereby it will undertake sell/buy of dollar-rupee forex swaps for a fixed period with Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum through a designated bank.

A forex swap entails simultaneous purchase and sale of identical amounts of one currency for another with two different value dates (normally spot to forward).

Forex dealers say with the oil companies’ dollar demand getting quarantined, the rupee should stabilise. In a late evening statement, the RBI said the swap facility, operational immediately, will remain in place until further notice.

HTC developing its own operating system

HTC developing its own operating system a mobile operating system for the Chinese market.

The software would have the advantage of being culturally and linguistically tailored to Chinese consumers as well as allowing the development of an applications platform in line with Chinese regulations.
Samsung, also aiming to reduce its dependence on Google's Android, will this fall present its first devices running Tizen, a new Linux-based open-source operating system that the South Korean company has been involved in developing.

Shome to head panel on tax policies---

The government has set up a 7-member Tax Administration Reform Commission (TARC) which will be headed by Parthasarathi Shome.

The TARC will revisit tax laws and suggest measures for putting in place a stable and non-adversarial tax administration.

Some other key tasks will be:

Review the current mechanism of dispute resolution covering time and compliance cost and recommend steps for strengthening them for both domestic and international taxation.

Suggest a system to enforce better tax compliance — by size, segment and nature of taxes and taxpayers, that should cover methods to encourage voluntary tax compliance.

Reviewing the existing mechanism and recommend measures for deepening and widening the base of tax and taxpayers.

Management Aptitude Test

Management Aptitude Test (MAT) will be conducted on September 1, 2013, in the offline mode and September 7, 2013, onwards in the online version.

One of the major entrance tests for management, MAT scores are accepted by more than 500 institutes across the country.

The number of participating institutes may vary from test to test. All participating institutes in MAT are approved by the All India Council for Technical Education or the Distance Education Council or university affiliated colleges or university departments.

Indian Air Force receives its Boeing C-17 Globemaster III

The Indian Air Force (IAF) has received its third Boeing C-17 Globemaster III, a large, versatile military transport aircraft capable of carrying heavy, oversize loads long distances and landing on rough and unprepared surfaces.

Boeing is on track to deliver two more C-17s to the IAF this year, and five in 2014. The third plane joins the first and second India C-17 airlifters, which arrived in June and July, respectively.

Once India receives its full complement of ten aircraft, it will be the largest C-17 operator outside the United States.

In operation since 1991, the C-17 has been used in humanitarian and military missions around the world and recently surpassed 2.6 million flight hours.

Boeing has delivered 256 C-17s in all, including 222 to the US Air Force, 34 to Australia, Canada, India, Qatar, the United Arab Emirates, the United Kingdom and the 12-member Strategic Airlift Capability initiative of NATO and Partnership for Peace.

Bar-coded tickets for Cuttack ODI  for the India-Australia One Day International

Odisha Cricket Association will introduce bar-coded tickets for the India-Australia One Day International to be played at the Barabati Stadium in Cuttack on October 26.

Addressing a press conference here on Thursday, OCA secretary Ashirbada Behera said that during the last match played in the stadium, there were reports of many fans illegally entering the ground by forging tickets, thereby causing problems for many bona fide ticket holders. 

We will arrange three-tier ticket checking systems in the stadium. Designated persons would be deployed from outer gates to inner gates with machines to track the bar-coded tickets,

Air India to operate Boeing 787 to Japan

Air India is to operate Boeing 787 to Japan. 

This follows clearance by the International Civil Aviation Organisation which has said that the Directorate General of Civil Aviation is fully capable of giving clearance for operations.

Wipro launches aviation IT products with Qatar Airways

Wipro in partnership with Qatar Airways today announced the launch of a range of information technology products for the aviation industry.

In September 2012, Wipro entered into a partnership with Qatar Airways to research and develop the portfolio.

The aviation IT product portfolio comprises two categories of solutions: enterprise and mobility solutions, the Bangalore based company said in a release.

The company said extensive product portfolio aims to address critical airline business functions, which have a direct bearing on service quality, operational efficiency and strategic decision making.

Enterprise solutions include products for crew management, route profitability analysis, loyalty management, in-flight catering, aircraft maintenance planning and crisis management; while mobility solutions include products for pilots, cabin crew and flight dispatchers.

5.1 magnitude quake in China affects 52,000

Over 52,000 people have been affected by the 5.1-magnitude earthquake which hit the border of southwest China’s Yunnan and Sichuan provinces, local authorities said on Thursday.

Some 126 aftershocks have been recorded, the largest measuring 4.4 on the Richter scale, according to a statement from the disaster relief headquarters of Diqing Tibetan Autonomous Prefecture.

The quake hit the border area of Rongxian County in Sichuan and Deqen and Shangri-la counties in Yunnan at 4:44 am on Wednesday, the China Earthquake Networks Centre said.

No casualties have been reported, although the quake has destroyed dozens of houses, cut off road traffic and telecommunication in two counties, affecting 52,617 residents of Yunnan, 5,000 of whom have been relocated, state-run Xinhua news agency reported on Thursday.

National Sports Day is being celebrated marking the birth anniversary of hockey legend Dhyan Chand. 

Lok Sabha Speaker Meira Kumar congratulated all sportspersons for their achievement in various sporting activities.

A scheme known as Come and Play has been launched for general public to make optimal use of Sports Authority of India stadia.

National coaching camps are being organised by the concerned federations in these stadia so that state-of-art facilities could be made available to sportspersons to enable them to achieve excellence in sports.

Malaysia plans to impose sales tax by 2015

Malaysia hopes to impose a goods and services tax by 2015 to boost revenue and curb its fiscal deficit, a senior government official said on Thursday.

The announcement comes as Malaysia’s economy and financial markets come under pressure amid rising domestic debt, a swollen fiscal deficit and a shrinking current account surplus. 

The central bank recently cut the country’s growth forecast this year to 4.5-5 per cent, while Fitch Ratings downgraded Malaysia’s credit rating outlook to negative from stable, citing a lack of fiscal reforms.

Nabard sanctions Rs 113.70 cr to Karnataka under RIDF

The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 113.70 crore to Karnataka under Rural Infrastructure Development Fund (RIDF).

NABARD has also allocated Rs 900 crore for various rural and agricultural infrastructure projects in the state.