Wednesday, November 26, 2014

Starred Articles

Obesity costs the world $2 trillion every year
World > Obesity > Nov 20
According to a study by McKinsey Global Institute (MGI), one third of the world's population is overweight or obese, which costs the world $2 trillion dollars annually in terms of costs related to health and lower productivity. It outranks alcoholism, climate change, air pollution and drug problems but falls behind armed conflicts and smoking. The problem is showing no signs of improving and at the current rate half of the world's population will be obese by the year 2030. Obesity also accounts for 5% of the deaths globally. Strict measures such as the promotion of healthy nutritious foods and restrictions on the advertising of high calorie foods and drinks will have to be undertaken to curb the rate of obesity.

Chinese hydroelectric dam built on Brahmaputra river
World > China > Nov 24
China has announced the completion of a major hydropower dam, called Yarlung Zangbo built on the Brahmaputra. Following the announcement, India and Bangladesh fear flash floods and related risks like landslides involving lives of millions of people downstream. India has been worried about the consequences of damming the Brahmaputra. However, Indian officials have so far been satisfied by Beijing’s explanations.
Beijing said that the dam is built to empower the development of electricity deprived regions. Thorough study of the impact of dam building and behavioral changes in the Brahmaputra will be commissioned soon.

Portuguese ex-PM Jose Socrates in jail over fraud case
World > Portugal > Nov 24
Former Portuguese Prime Minister Jose Socrates is being investigated for suspected corruption, money-laundering and tax fraud. Subsequently, he is obligated to spend a third straight night in jail after being detained by the police. The investigating judge has decided to continue the interrogation. The judge needs to rule whether Socrates should be released or held pending a trial.
The Attorney-General's office said he and three others are suspected of colluding in crimes.

Home secretary warns Britain against greatest terror threat in its history
World > Britain > Nov 24
Theresa May, home secretary has warned Britain of the greatest terrorist threat. She stated that the dangers posed by the Islamic State are larger than that of any other terror organisation ever. She also explained the diversity of terrorist groups indicating the existence of "violent individuals" and "lone wolves” who are more active than others. The counterterrorism measures adopted by UK include cancellation of overseas suspects' passports, allowing the government to control their potential return to the UK, and changes to Terrorist Prevention and Investigation Measures, allowing authorities to force suspects leave their country.

Others

Pakistan will speak to Kashmiri leaders before talks with India
World > India- Pakistan > Nov 20
Pakistan Prime Minister Nawaz Sharif has said that Pakistan will consult Kashmiri leaders before entering into any negotiations with India. He alleged that Pakistan had initiated dialogue with India regarding the Kashmir issue but India cancelled the scheduled foreign secretary talks. Therefore, he is now resorting to the Kashmiri leaders. PM Sharif has been using the Kashmir issue by speaking about it at local and international forums to garner support within the country's powerful military establishment as well as to counter intense political opposition to his rule.

CBI director Ranjit Sinha removed from the 2G scam probing committee by SC
Politics and Government > 2G Scam > Nov 20
Referring to the charges levelled against CBI chief Ranjit Sinha of helping people accused in the 2G scam, the Supreme Court has said that there appears to be some credibility to the allegations. As a result, the apex court has ordered the disgraced chief to stay out of the scam investigation. It further stated that the senior most officer investigating the scam should take over the responsibilities of the CBI chief.
2G spectrum scam was a scam involving politicians and government officials of India illegally undercharging companies for frequency allocation licenses, which they would then use to create 2G spectrum subscriptions for cell phones. The shortfall between the money collected and the money that the law mandated to be collected is estimated to be Rs. 1766 billion, as valued by the Comptroller and Auditor General of India.

Tech Mahindra makes a $240 million acquisition of LCC
Corporate > Tech Mahindra > Nov 20
India's fifth largest software services exporter Tech Mahindra, is set to acquire a US based network services company Lightbridge Communications Corporation (LCC) for $240 million. The deal is set to be finalised by late 2015. LLC is one of the global leaders in providing network engineering services to the telecommunications industry and generates an annual revenue of more than $400 million. The acquisition is set to make Tech Mahindra an important player in the network services market globally and is an important step for the company to go global.

Indians form 450,000 of the illegal immigrant population in the US
World > Illegal Immigrants in US > Nov 20
According to a report, Indians form around 4% of the immigrant population of the United States of America. The total immigrant population is around 11.2 million, which has remained unchanged since 2009. The number of Mexicans has gone down by 500,000 who form the highest of the lot. Other countries comprising the list are - China (300,000), the Philippines (200,000), South Korea (180,000), the Dominican Republic (170,000) and Colombia (150,000).

1020 rhinos killed in South Africa in 2014
World > Rhinoceros Poaching > Nov 20
According to a report from the environmental affairs of South Africa, 1020 rhinoceros were killed in the country during the current year. This is a huge setback for the government, which has been taking multiple efforts to curb the poaching of the endangered species. The increased demand for the animals' horn from Asian countries has propelled the number of deaths. The officials termed the number of deaths as tragic, but, were also boastful about the increase in arrests of suspected poachers. The country has launched a number of rescue operations for the endangered animal, including the deployment of armed forces near national parks.

Research by scientists at IIT - Bombay reduces the time and money required for dialysis by half
Science and Technology > Dialysis Treatment > Nov 21
Researchers at IIT - Bombay's chemical engineering department have come up with a special membrane, which promises to reduce money and time required for dialysis by 50%. As dialysis is a recurring process and it requires a new filter each time that needs to be imported and increases the costs involved, due to which 90% of the patients die as they cannot afford treatment. A filter developed indigenously will reduce the cost dramatically. The membrane developed by IIT - B is a key component of the filter and removes impurities from the blood during dialysis.
Dialyses is the process of artificially removing waste and excess water from the bloodstream of the people suffering from chronic kidney diseases.

CBSE to reiterate three language formula
India > Education > Nov 24
After the government decided to drop German as the third language in the curriculum of Kendriya Vidyalaya schools, the Central Board of Secondary Education (CBSE) has decided to issue a circular to all affiliated institutions saying a third language apart from Hindi and English should be a part of the syllabus. The language would be a modern Indian language. It is not clear at the moment if the board will ask private schools to discontinue teaching the third foreign language, and things will be apparent after the circular is issued.

New transport bill will require proof of registration of a parking space
Politics and Government > Road Transport Law > Nov 24
According to a new bill that is set to be passed, booking a parking space would be mandatory before buying a new car. This rule will come into effect if the government has its way and implements the new Road Transport & Safety Bill 2014. According to the law, a fresh application for vehicle registration should be accompanied by the proof of parking space approved by a government authority. While the move is a provisional one and needs to be approved by the parliament, industry experts have criticised the suggestion as the market for cars is already sluggish. Government officials on the other hand have a different opinion and say the move will create awareness among car buyers.

US officer fired 12-year old boy with fake gun
World > USA > Nov 24
A 12-year boy was shot by a US officer after he pointed a gun that was "probably fake” at a playground. The boy had pulled out a replica handgun after being told to raise his hands by the officers. The officers were called by someone on the emergency call number complaining about a 12-year boy with the “fake gun”. However the officers failed to notice that the gun was lacking the orange safety indicator usually found on the muzzle. The incident is being investigated by the police department and the officers involved have been placed on administrative leave, which is standard procedure.

Special court questions CBI over ex-PM exclusion from the coal scam probe
India > Coal Scam > Nov 25
Former Prime Minister Manmohan Singh, who was also the coal minister during his tenure at the office was not probed in the coal scam interrogation by the CBI. This move of the CBI has come under the scanner, and the investigation body was questioned by a special court. In response to the above allegation, the investigating officer retorted that the officials from the PM's office were questioned and that the questioning of the then coal minister (PM) was not necessary.
Coal allocation scam, is a political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector entities and private companies by the UPA government.

Honda admits under-reporting of accidents in US since 2003
Corporate > Honda > Nov 25
Japanese auto giant Honda Motor Co. has admitted that it failed to notify US safety regulators the occurrence of 1729 accidents related to their vehicles. It ascribed the error to a third party audit of the casualties, blaming data entry faults for the irregularity. The company assured it will take steps to rectify the error. The statement comes as a follow-up to the notice issued to the company by the National Highway Traffic Safety Administration to fulfil its legal obligation to report deaths and injuries involving air bags. The automobile giant and Japanese firm Takata Corp have been in the centre of a controversy surrounding faulty air-bags in Honda cars, provided by the latter.


Tuesday, November 25, 2014

Starred Articles

UN report: India has the world's largest youth population
World > Youth Population >Nov 19
According to a United Nations Population Fund’s (UNFPA) State of the World’s Population report, India has the largest youth population in the world with 356 million (28% of the total population) people under the age bracket of 10­35 years. China is a close second with 269 million people in the age bracket, followed by Indonesia (67 million), the US (65 million), Pakistan (59 million), Nigeria (57 million), Brazil (51 million) and
Bangladesh (48 million). The report also said that 9 out of 10 young people live in under­developed countries and with the right kind of investment for this important resource of youth, developing economies could see their economies soar to new highs.

ISRO wins Indira Gandhi prize
Awards > Indira Gandhi Prize 2014 >Nov 19
Indian Space Research Organisation has been awarded the Indira Gandhi Prize for Peace, Disarmament and Development for 2014. It was successful in proving India's competence in the field of space technology by launching India's first Mars orbiter. It was also successful in bringing the capability of Indian Scientists at par with those of advanced nations from around the world.
ISRO’s contributions in strengthening international cooperation in the peaceful use of outer space and for the organisation’s role in addressing the needs of rural Indians in remote areas also played a vital role in helping it win this award.

Myanmar hosts 12th ASEAN - India Summit
India> ASEAN Summit >Nov 19
India and other ASEAN countries attended the 12th ASEAN-India Summit held in Nay Pyi Taw, Myanmar. Those present in the Summit included President of Myanmar, Thein Sein, Prime Minister of India, Narendra Modi and all Heads of State/ Government of ASEAN Member States. Two major agreements were signed during the summit: the Agreement on Trade in Services and the Agreement on Investment of the Framework Agreement on Comprehensive Economic Cooperation between ASEAN and India.
India has been attending annual Summits with ASEAN since 2002. India became a full dialogue partner of ASEAN in 1996.

Lewis Hamilton wins World Championship
Sports > F1 Racing >Nov 23
British driver Lewis Hamilton has won his second Formula 1 world title after victory at the Abu Dhabi Grand Prix. Hamilton is only the fourth Briton to win more than one world title, joining Jim Clark, Graham Hill and Sir Jackie Stewart. He had entered the race with a 17-point lead over Rosberg and only needed to finish in the top two to win the championship.
Rosberg started from pole position and needed Hamilton to finish third to allow him to win what would have been his first title.
Brazilian driver Felipe Massa crossed the line in second place ahead of his Williams team-mate Valtteri Bottas.

Others

Doha to host World Athletics Championships in 2019
Sports > World Athletics Championships >Nov 19
Doha will host the IAAF World Athletics Championships in 2019. It was chosen over the cities of Barcelona and Eugene. It was initially overlooked for the 2017 version of the event in favour of London. The event will be the edition is set to be organised in the newly modernised Khalifa stadium and will be held in the 17 the months of September and November to avoid the soaring heat of the desert in the prior months.The city previously hosted World Indoors Championships in the year 2012. The event started in 1983 will help improve Qatar's image as a sporting destination, after an alleged controversy surrounding the selection of the country by FIFA to host the 2022 world cup.

Oxford Dictionary's word of the year – 'Vape'
World > English Word of the Year >Nov 19
The word 'vape', which means the to inhale and exhale the vapour produced by an electronic cigarette or similar device, has become the latest word, after ‘selfie’ to be given a formal recognition in the Oxford Dictionary. The move comes as a reflection of the huge popularity of electronic­ cigarettes among the masses in recent years. The word can be used both as a verb and a noun. Another such word is, 'bae' a form of endearment.

Emergency software update issued by Microsoft
Technology > Software Security >Nov 19
After a security glitch affected domain privileges of all supported versions of Windows, Microsoft issued an emergency software to fix the issue. Due to the problem, a potential attacker could upgrade unprivileged domain user account privileges to those of a domain administrator account.

Banks keeping track of education loan takers through Facebook and Twitter
Corporate > Bank Education Loan >Nov 19
Banks have started using Facebook and Twitter to keep the defaulters of education loan in check. This will enable banks to send or post reminder messages to the students through such websites. This initiative was taken due to the popularity of Facebook in India. Banks can also keep track of education loan customers who have moved abroad. This initiative was taken because approximately 5 - 6 per cent of these loans turned bad. There is no set up of credit guarantee fund for education loans yet.

Assam zoo, first to house the critically endangered Pygmy Hog
India > Assam >Nov 19
Assam zoo in Guwahati is set to bring the critically endangered pig Pygmy Hog. With this, the zoo will become the first zoo to have this rare species. This decision was announced in third week of November 2014. The motive is to transform the zoo into captive breeding centre for critically endangered mammals. A simulated habitat has been created in the zoo by growing Barenge grass in order to conserve Pygmy Hogs.
Pygmy hog is the smallest and rarest of wild pigs available in Assam. At the brink of extinction, this species disappeared from its original range in India and Nepal.

Neel Mukherjee's novel 'The Lives of Others' shortlisted for British Literary prize
Award > British Literary prize 2014
The novel 'The Lives of Others' by Neel Mukherjee has been shortlisted for British Literary prize - The Costa Book Awards, under the category of a novel.
The plot revolves around a man's extremist political activism set in 1960s Bengal. The judges called it politically charged, ambitious and sometimes harsh in its portrayal of India. The shortlisted authors include 10 males and 10 females. The winner of The Costa Book awards will be announced in January 2015 and is set to receive £ 30,000 as the winning prize.

Yahoo replaces Google as default US Firefox search engine
Corporate > World >Nov 20
A deal between Yahoo Inc. and Firefox maker Mozilla Corp has resulted in Google being replaced by Yahoo as the default search option for the users of Firefox Web browser. Yahoo is expecting a boost in its flagging search market share from this deal. The financial terms of the deal have not been disclosed, but it is stated that this partnership is a revenue sharing agreement and includes certain “guarantees”.
A “share gain” for Yahoo is also expected from this deal. Yahoo has revamped the look of its search engine, for the Firefox partnership.

Deendayal Upadhyay Gram Jyoti Yojna
India > Economy >Nov 20
Deendayal Upadhyay Gram Jyoti Yojna was approved by the Union Cabinet chaired by Prime Minister. Deendayal Upadhyay Gram Jyoti Yojna has two major components, one is the facilitation of rostering of supply to agricultural and non-agricultural consumers in rural areas and other the transmission reforms including metering of distribution transformers / feeders in rural areas.
The implementation of the scheme requires a budgetary support of Rs.33,453 cr from government of India. The scheme aims to improve the electricity related crisis in the rural areas. Contracts for execution of products will be awarded by State Discoms/Power Departments after the projects have been sanctioned. This process shall commence immediately.

Biggest overseas project signed by China
Corporate > World >Nov 20
African country's coast to get a 1,402 km railway line as a result of the largest overseas contract signed by China and Nigeria. The estimated cost of the project is USD 12 billion. China Railway Construction Corp Ltd (CRCC) claims that this project is China's biggest overseas project till date. CRCC also said that the railway project will benefit both the countries. Moreover, the project is expected to create 200,000 local jobs.
The railway line consists of 22 stops stretching from Nigeria's economic capital Lagos in the west to Calabar in the east. Chinese state-owned enterprises have invested in Africa's infrastructure industries over the last decade. CRCC lost a major 3.7 billion contract of building a rail link in Mexico due to the country's issues regarding the nature of bidding process.

World Chess Championship: Carlsen retains title
Sports > Chess >Nov 23
Magnus Carlsen successfully defended his title as World Chess Champion. He defeated challenger Viswanathan Anand in Game 11 of a 12-game match to achieve the 6.5 points needed to claim victory.
Anand really went for it, attempting a dramatic sacrificial strategy when playing with the black pieces. It was a fitting end to a rematch of the 2013 WCC, when Carlsen ended Anand's 5-time reign as champion.

Ex-IAS officer Deepak Gupta named new UPSC chief
Politics and Government > UPSC >Nov 23
Former IAS officer Deepak Gupta has been appointed as the new chairman of UPSC. He is the younger brother of former Home Secretary Madhukar Gupta. As per convention, a UPSC chief is appointed from among the members of the Commission. It is for the first time that somebody from outside has been appointed as the UPSC chairperson.
The UPSC conducts the prestigious civil services examination to select IAS, IFS and IPS officers among others. The UPSC is headed by a chairman and 10 members.
Academician David R Syiemlieh, retd IFS officer Manbir Singh, former CBI Director Amar Pratap Singh, former Navy Vice Chief DK Dewan, ex-Railway Board Chairman Vinay Mittal, educationists P Kelimsungla and Hem Chandra Gupta, and former IAS officer Chhatar Singh are other members of the Commission.

Wednesday, November 19, 2014

Starred Articles

Five global banks fined for breaking foreign exchange laws
Bank Specific > Fines > 12 Nov
British, American and Swiss regulators on Wednesday slapped fines totalling $3.4 billion on five banks after a global regulatory probe found them guilty of rigging the foreign exchange market. The banks - HSBC, Citibank, JP Morgan Chase, the Royal Bank of Scotland and UBS have been fined $1.7 billion by Britain’s market regulator, the Financial Conduct Authority, for failings over foreign exchange operations. The US Commodity Futures Trading Commission imposed fines totalling $1.4 billion on the same five banks while UBS faced an additional fine of $138 million from the Swiss regulator, FINMA. The banks failed in their responsibility to manage obvious risks that included conflicts of interest and confidentiality. Ineffective controls at the banks allowed traders to put the banks’ interests ahead of those of their clients, other market participants and the wider UK financial system, as a result, traders were able to behave unacceptably as they shared confidential information, often colluding with other traders, and attempted to manipulate currency rates. The decision over another major bank, Barclays, is pending and a suitable fine will be levied after an investigation is completed.

Rohit Sharma scores 264, becomes first man to score 250 in ODI
Sports > Cricket > 13 Nov
27 year old Indian batsman Rohit Sharma became the first man to hit 250 in a one-day international. Sharma scored 264 in the fourth ODI against Sri Lanka to beat the previous record of 219 made by fellow Indian batsman Virender Sehwag against West Indies in 2011. India scored 404 against Sri Lanka and won the match. Before 2010, no batsman had passed 200. Rohit's effort is the fourth double hundred. They have all have been made by India batsmen in India. Sachin Tendulkar became the first man to reach 200 against South Africa, with Sehwag beating that record a year later. Rohit then made 209 against Australia at Bangalore in November 2013.

India, US resolve stand-off over food security, clears way for TFA
World > Trade Facilitation Agreement > 13 Nov
The United States of America has agreed to support India’s proposal on public stockholding related to food security, finally paving the way for signing of a global trade agreement that has been stalled for months. India’s proposal will now go for ratification to the World Trade Organization (WTO) to facilitate signing of the Trade Facilitation Agreement (TFA). India had made its stand clear that I won’t sign the TFA until a permanent solution was found on the food subsidy issue. India had asked WTO to amend the norms for calculating agri-subsidies so that the country could continue to procure foodgrains from farmers at minimum support price and sell them to poor at cheaper rates without violating the WTO norms.

SBI sanctions 1 billion-dollar loan to the Adani group
Corporate > SBI > 17 Nov
In one of the largest credit grant by an Indian bank for an overseas project, the SBI granted a loan of $ 1 billion (over Rs. 6,000 crore) to Adani Mining, the Australian subsidiary of Adani Enterprises, for its coal mine project in Queensland. The Adani group already has borrowings close to Rs. 65,000 crore and the SBI’s loan offer comes at a time when banks are reporting sluggish loan demand and a rise in bad loans. The Adani group’s proposed plan to build a $ 7 billion coal mine was cleared on Monday by Australia’s Queensland state, which also announced a major investment in rail infrastructure to support the Indian conglomerate’s mega project.

Female bishops to be allowed by the Church of England
World > England > 18 Nov
In a move that possibly broke a centuries old tradition, women were allowed to become bishops at the Church of England on Tuesday. The general meeting at Westminster's Church House approved the legislation passed through UK Parliament in October this year. Women priests were ordained in 1994 but to date they have not been able to take on the Church's most senior roles, including bishop-ship. The decision has been welcomed by long-term campaigners for change, who see it as step towards widening female participation in the Church.

Others

Biggest recall in UK medical history as 22,000 dental patients face tests for blood-borne diseases
World > UK > 12 Nov
Over 22, 000 people in the UK have been asked to return to a clinic for tests, to see if they have been infected with blood-borne viruses. This is the biggest patient recall in the UK’s medical history. The recall was sparked by concerns that acceptable infection control standards were not followed by a doctor Mr. Desmond D’Mello, who was contracted to provide dental service at a dental practice centre in Nottinghamshire. This alleged drop in clinical standards might have put patients at a low risk of blood-borne viruses like Hepatitis B, C and HIV. 22, 000 patients have been recalled as this is the number of patients that D’Mello has treated during his 32-year stint at the dental practice.

Scientists develop single dose nano-medicine for osteoporosis
Science and Technology > Osteoporosis > 13 Nov
A team of engineers and pharmacologists from Indian Institute of Science, Bangalore and Al—Ameen college of Pharmacy, Bangalore, has come up with the modified Zoledronic acid (ZOL) drug, which has proved to be effective in treatment of postmenopausal osteoporosis. This new mode of treatment involving the modified ZOL drug is noteworthy because of the use of nanoparticles, for drug delivery. About nine million bone fractures occur each year due to osteoporosis, a progressive bone disease in which bone loses both its mass and density, thereby becoming weaker. ZOL is a commonly used drug, successfully reducing risk of fracture in post-menopausal women. However, its prolonged use can cause several adverse effects like unwanted bone changes. The modified ZOL drug used in the study not only prevents further bone loss but also stimulates bone growth. In the new formulation, ZOL is first absorbed on nanoparticles of hydroxyapatite and carried to osteoporotic bone by intravenous injection.

Pakistan Militant group Jundullah claims ISIS visited them to help unite Pakistan militant groups
World > Pakistan > 13 Nov
A spokesman for a small Pakistani militant group Jundullah has claimed that a delegation from the Islamic State group has visited Jundallah's leaders in Pakistan's southwestern Baluchistan province. He says the purpose of visit was to see how ISIS could unite various Pakistani militant groups. Jundullah is a branch of the Pakistani Taliban, or Tehrik-e-Taliban Pakistan. The TTP this week sacked its spokesman for announcing allegiance to the Islamic State of Iraq and Syria (ISIS). TTP considers Mullah Mohammad Omar as the Muslims' leader. Meanwhile, posters, stickers and wall-chalking supporting ISIS have appeared in some places of Lahore. The Lahore police have launched a search operation and taken some suspects into custody.

Indian cooking oil imports hits record 11.62 million tonnes for fy 2013-14
Economy > Cooking Oil Imports > 13 Nov
Due to a surge in overseas purchases of soy and sunflower oils, India's cooking oil imports have reached a new high. The increased imports have been a direct result of the drop in prices of soy and sunflower oils, which were bought at the expense of palm oil. Soy oil imports rose 79 percent to around 2 million tonnes, while sunflower oil imports rose by more than 50 percent to 1.5 million tonnes. Imports of palm oil fell to 7.96 million tonnes, down 4 per cent from the previous year. The high quantity of unsold stock in a few south-east Asian countries has led to increased buying, which could alleviate the problem of low prices. The rise is a significant one compared to last year's 10.38 million tonnes, industry experts opine that this trend could continue for an extended period of time. The surge in imports has caused worry amongst local producers, who have demanded higher import taxes to stem the tide. The government is considering raising import taxes in order to help refiners and oilseed growers.

Increase in under-cover operations by federal agencies
World > USA > 15 Nov
Undercover operations have been increased significantly by the US federal government, to map suspicious operations more accurately. Agents pose as business people, welfare recipients, political protesters and even doctors or ministers to find out any mishaps or wrongdoings. Teams of undercover officers dress as students at large demonstrations outside the courthouse and join the protests to look for suspicious activity. At the Internal Revenue Systems, undercover agents chase suspected tax evaders worldwide, by posing as tax auditors, accountants, drug dealers or yacht buyers and more. Undercover work, inherently invasive and sometimes dangerous, was once largely the domain of the Federal Bureau of Investigation (FBI) and a few other law enforcement agencies, but, changes in policies and tactics over the last decade have resulted in undercover teams run by agencies in virtually every corner of the federal government. Some of the expanded undercover operations have resulted from heightened concern about domestic terrorism since the Sept. 11, 2001, attacks. Most undercover investigations never become public, but when they do, they can prove controversial.

K Srikanth and Saina Nehwal clinch Singles title in China Open Super Series
Sports > Badminton > 16 Nov
Indian badminton players K Srikanth and Saina Nehwal created history by winning the men’s and women’s singles title of the $700,000 China Open Super Series Premier. Srikanth achieved a stunning straight-game victory over two-time Olympic champion and five-time world champion, Lin Dan of China to register his maiden Super Series title. Saina Nehwal, currently World no 5, also played brilliantly to defeat Akane Yamaguchi of Japan. 
 
Home minister warns China against constructing any roads inside Indian territory
India > Indo-China > 17 Nov
Home minister Rajnath Singh on Monday warned China against constructing roads in the Indian territory while also stating that India wants to maintain cordial ties with all its neighbours. He also stated that India will not be left with any option other than destroying the roads, if China continues to carry out construction of roads on the Indian side. Continued incursions by the Chinese troops into Indian side have led to high tension along the border, and the matter was discussed when Chinese President Xi Jinping visited New Delhi recently.

Taiwan keen on a foreign trade agreement with India
World > India-Taiwan > 17 Nov
Not being able to manage a domestic consensus in its outreach to China for strengthening economic ties on the outlines of a free trade agreement (FTA), Taiwan is keen on fast-tracking such trade pacts with India and other nations, particularly those in the Asia-Pacific region. A Taiwanese team will soon visit India to explore market for auto-mobiles, shipbuilding and textiles among other things, in the hope that the new Indian government would extend a friendly hand. Currently, China accounts for nearly 40 per cent of Taiwan's exports. In 2013, bilateral trade between India and Taiwan stood at 6.17 billion dollars with 70 Taiwanese companies having set shop or invested in Indian businesses.

World leaders call Russia a bully even as Putin hints at resolving Ukraine crisis
World > Russia > 17 Nov
Russian President Vladimir Putin faced the ire of world leaders as they met at the G20 summit held in Brisbane, Australia. An atmosphere of heightened tension exists between Russia and Australia, which has sent three ships to its northern coast after 4 heavily armed Russian navy vessels appeared there this week. Prime Minister Tony Abbott said that the four vessels were "part of a regrettable pattern" of growing Russian military bullishness. Britain’s Prime Minister David Cameron called Russia’s actions unacceptable and termed it a bully. Cameron also said that Russia will face further sanctions if it does not commit to resolving the conflict in Ukraine. Russia dismissed the West’s claims that it has been sending fresh military hardware into eastern Ukraine to break the cease-fire and fuel an all-out conflict. Putin left the G20 summit a day early on Sunday after assuring world leaders that there was a good chance of resolving the conflict in Ukraine. Many felt that Putin’s departure was because of a tense 50-minute meeting between Putin and Cameron over the weekend and subsequent edgy meetings with other world leaders. Putin, however, justified the early departure mentioning his need for rest and the long hours the journey to Moscow would take.

Poll ranks Russia bigger security risk to global markets over ISIS and Ebola outbreak
World > Russia > 18 Nov
According to a Bloomberg Global Poll of 510 international investors, Russia’s ties to the Ukraine separatist movement poses the biggest security risk to global financial markets because of ongoing sanctions and falling oil prices that threaten the Russian economy. Poll participants chose Russia as the biggest risk over the militant group ISIS and the Ebola outbreak in West Africa. Russian President Vladimir Putin said that falling oil prices could be disastrous for Russia which is the world’s largest energy exporter. Venezuela, Saudi Arabia and Iran would also be hurt by a drop in crude prices. However, the United States, China, Japan, Europe and India are poised to benefit most from cheaper oil.

Narendra Modi visits Australia, becomes first Indian PM to address Australian parliament
World> Narendra Modi’s Australia Visit > 18 Nov
Narendra Modi became the first Indian Prime Minister to address the Australian parliament, After holding bilateral talks with his Australian counterpart Mr. Tony Abbott, Mr. Modi signed five pacts on social security, transfer of sentenced prisoners, combating narcotics trade, tourism and arts and culture. He also called for a closer relationship in matters of economic partnership and the civil nuclear deal. Highlighting the issue of terrorism and its widespread reach, Modi sought closer security cooperation, a policy of no distinction between terrorist groups or discrimination between nations. He also called for collaboration in the field of maritime security. More importantly, he said, both the countries can work together to deal with piracy and range of other issues related to security. He also emphasised on the two countries' strategically important locations and how critical they are to the region and the world at large. The manufacturing opportunities, which India provides due to its development, demography and demand also found a mention in the PM's speech, where he specially highlighted the fields of agriculture, food processing, mining, infrastructure, finance, technology and energy, which can quench Australia's quest for new economic opportunities. The upcoming cricket world cup also found a mention, where the PM wished Australia all the luck in hosting the event.
During his speech, Modi also highlighted an important fact of Australian novelist and lawyer John Lang, who helped India fight the legal battle for a brave Indian freedom fighter, the Queen of Jhansi, Rani Laxmibai, against the British East India Company, in India's first War of Independence, and gifted the petition of Rani Laxmibai to the Australian premier.

Halliburton, Baker Hughes Merge in $34.6 Billion Deal
Corporate > Halliburton – Baker Hughes > 18 Nov
Two U.S. oil-drilling giants Halliburton and Baker Hughes have agreed to a $34.6 billion merger. Halliburton will retain its name in the new combined entity. The combination of the two companies’ resources, including operations and research and development, will save over $2 billion in costs and help them compete with industry leader Schlumberger.

Indian tests positive for Ebola in New Delhi after being cured of the disease in Liberia
India > Ebola > 19 Nov
A 26-year-old Indian who was treated and cured of Ebola virus disease in Liberia has been quarantined at the Delhi airport's health facility after having tested positive twice. Although his blood samples were repeatedly found free of the disease, the deadly virus showed up in his semen. India has so far been free of Ebola, a disease termed as the 'most serious health crisis in modern times' by the World Health Organisation, having claimed roughly 5,200 lives in west Africa and two in the US. The suspect will be tested again, repeatedly, over the next few days to rule out the presence of any virus before he is allowed to leave the quarantine zone. The 26-year-old carried a certificate of medical clearance from the ministry of health and social welfare, government of Liberia.

Emergency era law set to be removed after 37 years
India > Disputed Elections Act > 19 Nov
The Disputed Elections Act of 1977 passed by the late prime minister, Indira Gandhi during the emergency in 1977, which nullifies general procedure followed for disputing elections of an elected representative who becomes prime minister, is set to be removed after the law commission has submitted its fourth report to the government on Tuesday. This act provides that any other law will not apply where the elected representative goes on to become the Prime Minister or Speaker of the Lok Sabha.

Huge financial return for Cystic Foundation likely to encourage more venture philanthropy
World > Venture Philanthropy > 19 Nov
The Cystic Fibrosis Foundation, a non-profit organization dedicated to help patients fight the deadly lung disease, has received the largest financial return ever achieved for a charitable organization pursuing treatments for disease. The foundation had embarked on a risky approach – often called venture philanthrophy, 15 years ago, by funding a total of $150 million to a small biotechnology company, Vertex Pharmaceuticals, to entice it to develop drugs for the disease. It has now received $3.3 billion from selling the rights to the royalties to those drugs. That is 20 times the foundation’s budget last year. It will likely encourage a growing number of patient advocacy groups to seek their own deals with pharmaceutical companies. Proponents of this approach say it speeds drug development while also providing potential monetary rewards that can pay for even more research. However, critics have raised concerns that perhaps because a higher price means higher royalty payments, the foundation did not do enough to bring the cost down. The foundation however said that it had expressed concern over the cost of the drug to Vertex, but had no power to set the price. The foundation’s grants to Vertex and a smaller company it acquired led to the development of Kalydeco, which was approved in 2012. It is the first drug that treats the underlying cause of cystic fibrosis rather than just the symptoms, slowing the rate of decline in lung function. Vertex is testing two other drugs that have also shown promise in clinical trials. Rather than receiving royalties on sales of those drugs over the next two decades, the foundation decided to cash in now so it could have more money to put into research quickly. Vertex official have also said that the program to develop drugs for Cystic Fibrosis might have been dropped if the foundation had not been paying for it.

Tuesday, November 18, 2014

Starred Articles

National Education Day observed on 11th November
India > National Education Day > Nov 12
National Education Day was observed across India on 11th November to mark the birth-anniversary of Maulana Abul Kalam Azad, first Education minister of Independent India. This year was the 125th birth anniversary of Azad. In 2008, the Government of India had declared that Azad’s birth anniversary will be celebrated as the National Education Day. The Ministry of Human Resource Development launched the following new initiatives to mark the National Education Day:
  1. Saksham - a college level scholarship for differently abled, needy and meritorious children.
  2. Pragati - a scholarship for girl students who are pursuing technical education at college level.
  3. Skill Assessment Matrix for Vocational Advancement of Youth (SAMAVAY) allows multiple pathways between Vocational education - skills, education and job markets.
  4. Know your College Portal is an application developed for helping a prospective student makes a valued judgment of the college he/she wishes to join.
  5. Unnat Bharat Abhiyan involves higher educational institutions to work with the people of rural India in identifying development challenges and provide appropriate solutions for sustainable growth.
Minorities Affairs ministry launches Maulana Azad National Academy for Skills
Politics and Government > MANAS > Nov 12
The Minorities Affairs ministry launched the Maulana Azad National Academy for Skills (MANAS) to impart training to youths following the emphasis laid by PM Narendra Modi on skill development. The programme was launched on a pilot basis on the occasion of the 125th birth anniversary of India’s first Education Minister Maulana Abul Kalam Azad. Two MOUs were also signed on the occasion. One was signed with Health Sector Council for training programmes for 200 girls and boys through Skill Tree Consultant Ltd, the other was inked with the Security Sector Council for a security services training programme for 100 persons. The training programmes will ensure 100 percent employment for trainees. Based on the success of the programme, the ministry will expand MANAS on an all-India basis. To increase coverage of the programme, the ministry has also increased the income eligibility criterion for trainees from Rs 1.03 lakh to Rs 6 lakh (annual) to facilitate provision of training and concessional credit.

Farhan Akhtar appointed as Un Women’s goodwill ambassador for South Asia
World > UN Women > Nov 13
Bollywood actor-director Farhan Akhtar has been appointed as the South Asia Goodwill Ambassador for UN Women, the United Nations organization dedicated to gender equality and women’s empowerment. Farhan is the first man to be chosen as a Goodwill Ambassador in the organization’s history. He will serve as an advocate for UN Women's newly-launched HeForShe initiative in advocating for gender equality and women's empowerment. The organization chose Farhan for raising voice on the issue of gender equality and violence against women and girls in India through his Men against Rape and Discrimination (MARD) campaign.

K Srikanth and Saina Nehwal clinch Singles title in China Open Super Series
Sports > Badminton > Nov 16
Indian badminton players K Srikanth and Saina Nehwal created history by winning the men’s and women’s singles title of the $700,000 China Open Super Series Premier. Srikanth achieved a stunning straight-game victory over two-time Olympic champion and five-time world champion, Lin Dan of China to register his maiden Super Series title. Saina Nehwal, currently World no 5, also played brilliantly to defeat Akane Yamaguchi of Japan

Others

Railways identifies 17 areas for FDI
India > FDI in Railways > Nov 12
The Railways has identified 17 areas which can be thrown open to 100 percent private and foreign direct investment (FDI). Some of these areas include cleaning up trains, installation of bio-toilets in passenger coaches and setting up of mechanized laundry facilities, construction, maintenance and operation facilities to supply non-conventional sources of energy to the Railways, setting up of technical training institutes, testing facilities and laboratories and providing technological solutions to improve safety. FDI is also being permitted for rail route electrification, signalling system and logistics parks. The government had relaxed the FDI norms permitting 100 per cent investment in rail projects, such as high-speed trains, suburban service, dedicated freight corridors, freight and passenger terminals. Earlier, the government had relaxed the FDI norms permitting 100 per cent investment in rail projects, such as high-speed trains, suburban service, dedicated freight corridors, freight and passenger terminals.

22nd APEC Summit held in Beijing China
World > APEC > Nov 12
The 22nd Asia-Pacific Economic Cooperation (APEC) Summit was held in Beijing, China from 9th to 11th November 2014. The theme for this year was “Shaping the Future through Asia-Pacific Partnership”. The Leaders of the 21 APEC member economies concluded their meeting by issuing the 22nd APEC Economic Leaders' Meeting Declaration - Beijing Agenda for an Integrated, Innovative and Interconnected Asia-Pacific. The next APEC Summit will be held in Philippines in 2015.

Rohit Sharma scores 264, becomes first man to score 250 in ODI
Sports > Cricket > Nov 13
27 year old Indian batsman Rohit Sharma became the first man to hit 250 in a one-day international. Sharma scored 264 in the fourth ODI against Sri Lanka to beat the previous record of 219 made by fellow Indian batsman Virender Sehwag against West Indies in 2011. India scored 404 against Sri Lanka and won the match. Before 2010, no batsman had passed 200. Rohit's effort is the fourth double hundred. They have all have been made by India batsmen in India. Sachin Tendulkar became the first man to reach 200 against South Africa, with Sehwag beating that record a year later. Rohit then made 209 against Australia at Bangalore in November 2013.

India, US resolve stand-off over food security, clears way for TFA
World > Trade Facilitation Agreement > Nov 13
The United States of America has agreed to support India’s proposal on public stockholding related to food security, finally paving the way for signing of a global trade agreement that has been stalled for months. India’s proposal will now go for ratification to the World Trade Organization (WTO) to facilitate signing of the Trade Facilitation Agreement (TFA). India had made its stand clear that I won’t sign the TFA until a permanent solution was found on the food subsidy issue. India had asked WTO to amend the norms for calculating agri-subsidies so that the country could continue to procure foodgrains from farmers at minimum support price and sell them to poor at cheaper rates without violating the WTO norms.

Children’s Day observed on November 14th
India > Children’s Day > Nov 14
Children’s Day (known as Bal Divas in Hindi) was celebrated across India on 14th November. The day is observed every year on the birthday of Pandit Jawaharlal Nehru, the first Prime Minister of India, to showcase his love for children. The day is observed to increase the awareness of people towards the rights, care and education of children.

National Bal Swachhta Mission launched
India > Swachh Bharat Mission > Nov 14
The National Bal Swachhta Mission was launched in New Delhi by the Union Minister of Women and Child Development Smt. Maneka Sanjay Gandhi. The Bal Swachhta Mission is a part of the nationwide sanitation initiative of 'Swachh Bharat Mission' launched by the Prime Minister on 2nd October, 2014. Speaking at the launch Mrs. Gandhi said that children can play a very important role in achieving a clean India. They can motivate others to keep their homes and surroundings clean. The nationwide Bal Swachhta Mission will have the following six themes:-
1. Clean Anganwadis
2. Clean Surroundings e.g. Playgrounds
3. Clean Self (Personal Hygiene/Child Health)
4. Clean Food
5. Clean Drinking Water
6. Clean Toilets
During the Bal Swachhta Week from 14th to 19th November, one of the above themes would be covered at each Anganwadi Centre in the states. The events will be organized at State, District, Block, and Gram Panchayat level.

DD National to be re-launched as Desh ka Apna Channel
India > DD National > Nov 15
Public broadcaster Doordarshan is re-launching its national channel DD National as “Desh ka Apna channel" with a host of new content in order to attract more viewers. The channel will launch 8 new shows in prime time and the entire channel will have a new look and feel with new colours - purple and pink. A statement released by Doordarshan said that the channel will focus on themes like traditional family values, nation before self and trustworthiness.

Novak Djokovic wins ATP World Tour Final after Roger Federer pulls out
Sports > Tennis > Nov 16
World no. 1 tennis player Novak Djokovic won a third straight World Tour Finals after Roger Federer withdrew from the final. Federer said that he wasn’t match-fit and later revealed that he had hurt his back in the previous match. Djokovic thus becomes the first men's player since Ivan Lendl in 1987 to claim three consecutive year-end titles and his 31-match winning streak indoors remains intact.

eBay ties up with Odisha State Cooperative Handicraft Corporation
Corporate > eBay > Nov 17
American etailer eBay has tied up with Odisha State Cooperative Handicraft Corporation to ensure a steady supply of Odisha handicrafts across the world. Odisha’s finely crafted stones and statues such as Konark form of statues and pattachitra (palm-leaf etching) are very popular in USA, Australia, Canada and rest of the world.

Kisan Vikas Patra to be relaunched today; money to double in 100 months
Politics and Government > Kisan Vikas Patra > Nov 18
The government has re-launched the Kisan Vikas Patra scheme today, hoping to lure small investors away from gold and fraudulent schemes by offering attractive terms. There won't be any upper limit on investments, the minimum denomination being Rs 1,000. Investors will be able to double their money in 100 months. The government has also introduced a number of features to enhance liquidity. The certificates can be used as collateral to avail of loans. Investors can exit the scheme after two years and six months, and every six months thereafter after paying a pre-determined amount. There are no tax benefits in the scheme as of now. However, it will yield an annual rate of nearly 8.7 percent, more than most other small savings instruments. The certificates, which will be initially issued by post offices, can be bought in single or joint names and can be transferred from a person to another multiple times. Investors will also be able to transfer them from one post office to another, and later they could be made available through nationalised banks as well. The popular scheme had been closed in 2011 as part of the government's drive to rationalise small savings schemes.


Wednesday, November 12, 2014

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Russia, Iran sign nuclear construction deal for 8 units
World > Iran Nuclear Deal > 06 Nov
Russia is to build eight nuclear power units in Iran, as a new partnership agreement, guaranteed by the IAEA, was signed. According to the agreement, Russia is to construct eight units with pressurized water reactors “turn-key ready” in Iran. Four of them will be built at the Bushehr Nuclear Power Plant, also completed by Russia a year ago.
Besides, nuclear fuel for the future reactors will be provided by Russia during the whole life cycle of the new reactors. Spent fuel will be returned for processing and storage.
Iran and six powers - the United States, Russia, France, Germany, China and Britain - are in talks on curbing Iran’s atomic activity in exchange for a gradual lifting of sanctions. They face a self-imposed Nov. 24 deadline to conclude a comprehensive deal, after missing an original July target.
The United States and some of its allies suspect Iran is using its nuclear program as a cover to develop atomic bombs. Iran denies this, saying it is solely for civilian purposes.
Iran’s policy-making establishment, composed of hardline Islamists, pragmatists and reformers, agrees at least on one issue - that a comprehensive nuclear deal will help Iran to grow richer and politically stronger through the easing and eventual lifting of the sanctions.

Narendra Modi expands cabinet, inducts 21 new ministers
Politics and Government > Cabinet of Ministers > 09 Nov
In a major cabinet reshuffle, Prime Minister Narendra Modi appointed 21 ministers, including four cabinet ministers, three minister of state (independent charge) and 14 ministers of state. While former Goa chief minister Manohar Parrikar was made defence minister, Suresh Prabhu has been given the railway ministry, which is keenly watched by Modi because of his interest in building rail infrastructure in the country and also to promote his pet project of starting a bullet train in the country. Finance minister Arun Jaitley has been given the charge of information and broadcasting ministry, which was previously held by Prakash Javadekar. Former Karnataka chief minister D.V. Sadanand Gowda is the new law and justice minister. Gowda was earlier handling the railway ministry, and the law and justice ministry was with Ravi Shankar Prasad, who is now handling communications and information technology.
Portfolios
Ministers
Finance, Corporate Affairs, Information and Broadcasting
Arun Jaitley
Defence
Manohar Parrikar
Railways
Suresh Prabhu
Law and justice
D.V. Sadananda Gowda
Health and family welfare
Jagat Prakash Nadda
Rural Development, Panchayati Raj, Drinking water and sanitation
Chaudhary Birender Singh
Portfolios
Ministers
Science and Technology, Earth Sciences
Harsh Vardhan
Labour and employment (independent charge)
Bandaru Dattatreya
Skill Development and Entrepreneurship (independent charge), Parliamentary Affairs
Rajiv Pratap Rudy
Culture (independent charge), tourism (independent charge), civil aviation
Mahesh Sharma
Water resources, river development and Ganga rejuvenation
Sanwar Lal Jat
Agriculture
Mohanbhai Kalyanjibhai Kundariya
Micro, small and medium enterprises
Giriraj Singh
Chemicals and fertilizers
Hansraj Gangaram Ahir
Human resource development
Ram Shankar Katheria
Science and technology, Earth Sciences (minister of state)
Y.S. Chowdary
Finance
Jayant Sinha
Information and broadcasting
Rajyavardhan Singh Rathore
Urban development, Housing and Urban poverty alleviation
Babul Supriyo Baral
Food processing industries
Sadhvi Niranjan Jyoti
Social justice and empowerment
Vijay Sampla

U.S., China Reach new climate, military deals
World > US- China Climate Deal > 11 Nov
China and the U.S. struck new climate, military, trade and visa agreements as presidents Barack Obama and Xi Jinping made significant strides in improving an often-tense relationship. The two leaders unveiled substantial new commitments to curb greenhouse gas emissions, with China agreeing for the first time to stop increases in carbon dioxide emissions by around 2030 or earlier.
Messrs. Xi and Obama also reached two new agreements designed to avert military confrontations in Asia, one on notifying each other of major activities, such as military exercises, and the other on rules of behavior for encounters at sea and in the air.
The two sides completed deals to issue 10-year tourist and business visas and to drop tariffs on semiconductors and other information-technology products, which backers say could cover $1 trillion in trade.

Sri Lanka ready to release Indian fishermen on death row if India withdraws appeal
World > Sri Lanka - India > 12 Nov
The Sri Lankan government has conveyed to Indian authorities that Sri Lankan President Mahindra Rajapaksa would pardon the five Indian fisherman awarded death for alleged drug trafficking without any pre-conditions if India withdraws the appeal filed in the Supreme Court against the High Court verdict. A Sri Lankan minister said that Rajapaksa was pushing for the withdrawal of the Indian appeal as that would drag the case for up to six months, delaying presidential pardon.

Others

25th anniversary of the fall of the berlin Wall celebrated
World > Berlin Wall > 09 Nov
The 25th anniversary of the fall of the Berlin Wall was celebrated with a 3-day event with much pomp and gaiety as people who had been present on that day in 1989 remembered the historic moment. There were fireworks and about 8,000 lighted white balloons, which included a note of remembrance and reflection on the time when Berlin was two cities were sent into the sky on 9th November. Thousands of people poured into the streets taking part in the joyous celebration as German chancellor Angela Merkel commemorated the occasion with words of hope. The fall of the Berlin Wall had marked the end of the Cold War.
Background:
The Berlin Wall was a barrier that existed from 1961 through 1989,constructed by the German Democratic Republic (GDR, East Germany) that completely cut off (by land) West Berlin from surrounding East Germany and from East Berlin. The Eastern Bloc claimed that the wall was erected to protect its population from fascist elements conspiring to prevent the "will of the people" in building a socialist state in East Germany. On 9th November 1989, owing to several weeks of civil unrest and the liberalization of the Eastern Bloc's authoritarian systems and the erosion of political power in the pro-Soviet governments in nearby Poland and Hungary, the East German government announced that all GDR citizens could visit West Germany and West Berlin.

US air strike on Islamic State: ISIS chief reportedly injured, key aide killed
World > Iraq - Syria > 09 Nov
A close aide of Abu Bakr al-Baghdadi was killed in a United States-led coalition air strike on a convoy of militants in Iraq, it can be revealed, amid mounting speculation that the leader of the Islamic State of Iraq and the Levant was himself killed or injured in the attack. Auf Abdulrahman Elefery, who went by the code name Abu Suja, died when planes struck a convoy of Isil vehicles close to the northern city of Mosul, killing him and several other members of the jihadist group.
There were contrasting reports about the fate of Baghdadi, with Isil members writing on Twitter that he was not in the convoy, and other sources claiming that he had been either killed or "critically injured".

Gujarat passes bill to make voting mandatory in local body elections, then refrains from making it a law
Politics and Government > Mandatory Voting > 10 Nov
Gujarat became the first state to pass the Gujarat Local Authorities Laws (Amendment) Bill-2009 which makes voting in local body elections compulsory. It empowers the state government to take punitive action against those who do not vote in local body elections. However, barely a week after passing the bill, anticipating opposition from parties, the Election Commission and constitutional experts, the government has decided not to make it a law lest there are legal implications. But the government has said that the second key provision of the bill which declares 50% reservation for women in local bodies will be made effective immediately.

India might sign trade facilitation agreement if WTO increases four-year peace clause
World > Trade Facilitation Agreement > 10 Nov
A global trade deal seems to be on the cards with the US, EU and India showing signs to accommodate each other’s demands. Talks on the Trade Facilitation Agreement (TFA) for easier customs rules had hit a roadblock since the past 3 months following India's demand for providing flexibility to developing countries in fixing minimum support price for farm products. Based on current rules, several developing countries are close to breaching the cap on 10% value of production and face the threat of punitive action at WTO. India has argued that the calculation is flawed as it is based on outdated prices and has demanded that the formula be reworked. At the Bali meeting in December last year, WTO members had agreed to address India’s concerns over a four –year period during which no disputes would be raised. India however had struck to its stand of not signing the treaty. In recent weeks, officials have indicated that India is willing to sign the agreement if the four-year peace clause is extended till the formula is reworked.

Jeevan Pramaan – Digital Life Certificate for pensioners launched
India > Digital Life Certificate > 10 Nov
Prime Minister Narendra Modi on Monday launched 'Jeevan Pramaan - Digital Life Certificate for Pensioners' with a view to reduce hardships of senior citizens. Jeevan Pramaan, which is an Aadhar-based Digital Life Certificate, will be a digital certification, which will do away with the requirement of a pensioner having to be physically present or submit a physical Life Certificate in November each year, in order to ensure continuity of pension being credited into his account. Department of Electronics and IT has developed a software application which will enable the recording of the pensioner's Aadhar number and biometric details from his mobile device or computer, which will be uploaded to a central database on real-time basis, ultimately enabling the Pension Disbursing Agency to access a Digital Life Certificate.

World no. 1 badminton player Lee Chong Wei provisionally suspended for doping violation
Sports > Badminton > 11  Nov
Malaysian badminton player, Lee Chong Wei, currently world number 1, has been suspended by the Badminton World Federation (BWF) for an “apparent” anti-doping regulation violation. Now the BWF’s Doping Hearing Panel will decide whether Lee has committed the violation. Lee had tested positive for a banned substance at the BWF World Championships held in Copenhagen in August. Lee however denied using drugs to gain an advantage. If the doping allegation is proved, Lee will face a 2-year ban and will be stripped of the silver medal he won at the world championships in Copenhagen and also the two bronze medals he won at the Asian games held in South Korea in September.

Arms makers developing weapons that rely on artificial intelligence to decide targets and kill
World > Autonomous Weapons > 11  Nov
Weapons are increasingly being guided by advanced software that requires minimum human intervention. Today armed drones can be operated by remote pilots thousands of miles from the battlefield. However, arms makers are crossing into more dangerous territory. They are developing and testing weapons that rely on artificial intelligence, not human instruction, to decide what to target and whom to kill. Critics fear that such advanced weapons without human guidance would become increasingly difficult for humans to control or defend against. Britain, Israel and Norway are already deploying missiles and drones that carry out attacks against enemy radar, tanks or ships without direct human control. Concerned by the prospect of a robotics arms race, representatives from dozens of nations will meet on Thursday in Geneva to consider whether development of these weapons should be restricted by the Convention on Certain Conventional Weapons. The Pentagon had issued a directive in 2012 distinguishing between semi-autonomous and autonomous weapons. In spite of serious implications, autonomous weapons continue to be developed by the advanced nations including the USA, often concealing their identity as semi-autonomous weapons.

Aadhaar to be made mandatory for issuance of passport, government might do away with prior police verification
India > Passport Issuance > 11  Nov
Prior police verification for issue of fresh passports may no longer be required with the Ministry of External Affairs (MEA) proposing to rely on Aadhaar card for identification of the applicant and on the National Crime Records Bureau's (NCRB) database for validation of his/her criminal antecedents. Based on an applicant’s self-declaration on aspects like citizenship, criminal antecedents, criminal proceedings, summons/warrants etc., the government may soon start issuing passports on a post-verification basis. The new and simpler system has been proposed to do away with issues related to police verification and consequent delay in issuance of passports. The government will thus make Aadhaar card a mandatory requirement for issue of passports.

Modi's 'Make in India' to depend on Chinese steel
India > Make in India >12 Nov
India's steel consumption is expected to grow at its fastest pace in five years next year on Prime Minister Narendra Modi's infrastructure push, but a scarcity of raw materials means it will be at the expense of another key goal - curbing imports. India's steel imports from China, the world's biggest producer of the alloy, doubled in April-September from a year ago though the country has enough capacity to meet its demand. While India's consumption is expected to rise, China will continue to see a downtrend, likely leading to a flood of cheap steel from China just as Modi pushes ahead with a signature 'Make in India' initiative to boost industry.
India, Asia's third-largest economy, has become a major importer of iron ore and coal despite having big reserves of both at home. Once a top exporter, India is now bringing in shiploads of iron ore due to court action against illegal mining that has stifled supply, while coal behemoth Coal India is struggling to boost production.
The shortages mean that India's steel industry is running at 80 percent of capacity. But the World Steel Association expects Modi's pro-business plans to spur steel demand that has been weak in recent years. World Steel expects India's demand to rise 3.4 percent to 76.2 million tonnes in 2014, after growth of 1.8 percent in 2013. Structural reforms and improving confidence will support a further 6 percent growth in 2015.
Indian steelmakers such as JSW, Tata Steel and Jindal Steel and Power Ltd, however, run the risk of being priced out by their Chinese competitors.