Rojgar Samachar 2014 Itanagar journalist Tongam Rina payment gateway RuPay

Rojgar Samachar 2014

World Diabetes Day and Children's Day on 14 November

India launched its own payment gateway 'RuPay', equivalent of Visa and Mastercard.

Finance Minister Chidambaram made a strong case for encouraging foreign and domestic investment to boost growth and said PSUs alone are expected to pump in Rs 1.33 lakh crore in the current financial year.

Itanagar journalist Tongam Rina has been honoured by the 'Reporters Without Borders' (Reporters Sans Frontier-RSF), the international organisation that works for freedom of the press and information.

    About five per cent deficit rains due to possible El Nino factor could have a bearing on economic growth by 1.75 per cent in the 2014-15 fiscal, affecting lakhs of unskilled jobs, an Assocham report said.

    Queensland government has approved the proposed AUD 16.5 billion (USD 15.46 bln) coal development project of Indian major Adani Group in the Galilee Basin in the state's central region.

    Tata Power announced the appointment of Ashok S Sethi as Executive Director of the company.

    Ace drag-flicker V R Raghunath, striker Dharamvir Singh, Tushar Khandekar and former skipper Bharat Chetri were recommended by Hockey India for the prestigious Arjuna Award this year.

    State-owned BHEL has commissioned another Gas Turbine Generating unit at a power project in Oman.
    Reliance Industries leads pack of 54 Indian cos in Forbes'' annual list of tworld's 2000 largest & powerful public cos, with Chinese cos occupying top 3 slots on the list.


    Private sector activity among emerging market economies was broadly stagnant for the second successive month in April, indicating falling output in India, China, Brazil and Russia, an HSBC survey said.

Employment News November 2013

World Diabetes Day

The theme for 2009-13 is Education and Prevention.

World Diabetes Day is an annual campaign, led by the International Diabetes Federation (IDF) and its member associations. It engages millions of people worldwide in diabetes advocacy and awareness.

The world Diabetes day is celebrated every year on 14 November. 

The date was chosen because it marks the birthday of Frederick Banting, who, along with Charles Best, is credited with the discovery of insulin in 1921.

Children's Day

Children's Day was celebrated in India as the birth anniversary of Pandit Jawaharlal Nehru the first Prime Minister of India after Independence.

The day is celebrated to commemorate the affection of Jawaharlal Nehru towards children.

International funding agencies WB, ADB assure Odisha of USD 313m aid for cyclone

International funding agencies, the World Bank and the Asian Development Bank, have assured a financial assistance of USD 313 million to Odisha government for restoration and rehabilitation activities in cyclone Phailin hit areas.

Accepting Odisha's proposal of constructing an additional 162 cyclone shelter houses as they helped in providing safe stay for people after evacuation from the coast, WB team agreed to provide assistance of USD 55 million for the purpose, the sources said. 

The WB also agreed to finance USD 153 million for construction of pucca houses within five kilometer from the coast in Ganjam and Puri districts and in the bank of Chilika lake, besides slum development proposals of Berhampur town.

Narahari Rao, Deputy Country Director ADB, and Harish Verma Senior Project Officer, ADB, on their part assured the state government that they would be providing USD 105 million for installing cyclone-proof power infrastructure (at the expenditure of 70 million USD) and strengthening of embankments (35 million USD) in cyclone prone areas in Odisha. 

President to open N-waste management unit in Kalpakkam

President Pranab Mukherjee will Friday inaugurate the nuclear waste immobilisation plant (WIP) of the Bhabha Atomic Research Centre (BARC) at Kalpakkam near here through video conferencing from Mumbai, the research agency said.

The president will participate at the graduation function of BARC training school Friday and give the Homi Bhabha Award to the toppers in each discipline

The facility, apart from vitrification - transforming a liquid into glass - will also handle intermediate nuclear waste, separation of residual uranium from high level liquid waste.

NASA Cassini Spacecraft provided New View of Saturn and Earth

NASA in November 2013 released a natural-color image of Saturn from space, the first in which Saturn, its moons and rings, and Earth, Venus and Mars, all are visible.

The panoramic mosaic of the majestic Saturn system was taken by Cassini Spacecraft of the NASA.

Cassini Spacecraft---Cassini Spacecraft was launched in 1997 and explored the Saturn system for more than nine years. NASA has planned to continue the mission through 2017 with the anticipation of many more images of Saturn, its rings and moons, along with scientific data.  

Wholesale inflation rises to 7% in Oct

The headline inflation number, the wholesale price index or WPI, has increased to 7 per cent in October from 6.46 per cent in September.

Food inflation has almost tripled since last October to over 18 per cent. 

Vegetable prices played a key role. Overall, vegetable prices jumped over 78 per cent, while onion prices saw a whopping 278 per cent increase.

However, it has come down from the October 2012 number of 7.32 per cent.

SBI not to merge any associate bank in this fiscal

State Bank of India has gone back on its plan to bring one of its associate bank’s under its fold in the current fiscal.

For the time being, the associate bank merger is on the backburner. Nothing is going to happen till March 31, 2014,” said S. Vishvanathan, Managing Director, Associates and Subsidiaries.

Arundhati Bhattacharya, the incumbent SBI chief, said, “We need to do a little more consolidation on our side before we take that (another bank) on. It is not off the table, but at this point we need to pay attention to what we are doing in a better manner.”

INS Vikramaditya set to join Indian Navy on Nov. 16

Defence Minister A.K. Antony will induct the long-delayed aircraft carrier INS Vikramaditya, designed to boost India’s maritime capabilities, at a shipyard in Russia on Saturday.

Contracted for in 2004, during the NDA regime, the vessel has been delayed by over five years and has seen several time and cost-overruns in the last nine years.

The ship is powered by eight boilers and can achieve top speeds of 30 knots per hour.

Note: INS Vikramaditya is a Kiev class aircraft carrier which was commissioned by Russian Navy in 1987 under the name Baku.

Note-- India Plans TO Increase 200 war heads shipyards in Next 50 Years.

Paras Ajmera resigned from MCX Board

Paras Ajmera, Director of Multi-Commodity Exchange (MCX) resigned from the board on 12 November 2013.

Paras Ajmera is a nominee of promoter Financial Technologies India Ltd (FTIL) to the board of directors of Multi Commodity Exchange of India Ltd (MCX).

MCX on 13 November 2013 informed the BSE that FTIL had withdrawn the nomination of Paras Ajmera, a shareholder director, from the board with effect from 12 November 2013, consequent to his resignation from the MCX Board.

Yogesh Agarwal, the Chairman of PFRDA Resigned; Anup Wadhawan Took Over

The Chairman of Pension Fund Regulatory and Development Authority (PFRDA), Yogesh Agarwal resigned from the post of Chairman on 13 November 2013.

He resigned because of the Government’s decision to not allow him to be a part of the selection panel for members of the regulator.

Points To remember---

Anup Wadhawan was appointed as the new Chairman of PFRDA by the Finance Ministry. 

It is important to note that Yogesh Agarwal had one and half years more as his tenure of the Chairman.