Centre seeks to spend 54,589 crore more this fiscal
The government today sought parliamentary approval for additional spending. The total supplementary demand for grants is pegged at 68,294.30 crore, but the actual cash outgo will be 54,588.63 crore because of 13,705.09 crore in internal savings.Part of the extra demand is for unforeseen expenditure such as a special police force for Naxal-hit areas, but much of it is for rural development, education and to compensate oil companies for selling fuel below market rates.
-Mukherjee intends to provide Rs 4,000 crore for implementing the Right To Education.
- The government will also require Rs 2,860.11 crore for increasing India’s quota in the IMF.
- Grant for oil market companies, which will receive Rs 14,000 crore as compensation for selling fuel below the market price.
- Pradhan Mantri Gram Sadak Yojana and IAY would get grant of 7337.5 Cr
- Also, the supplementary demand for grants has earmarked Rs 669 crore for providing assistance to Bhopal Gas Leak victims.
- The other large beneficiary is Jammu & Kashmir, which is proposed to get an additional Rs 4,300 crore by way of Special Plan Assistance (Rs 1,779 crore) and as Special Central Assistance in its capacity as a special category state.
Look at it to view spending in various programmes
India, U.S. sign accord on reprocessing spent fuel
India and the U.S. signed the much-debated agreement on modalities for reprocessing spent nuclear fuel, under the civilian nuclear deal between the two countries.
It is Pursuant to Article 6(iii) of the bilateral ‘123 Agreement' on civilian nuclear cooperation between USA and India. Upon entry into force, it will enable reprocessing by India of United States-obligated nuclear material under International Atomic Energy Agency safeguards.
Centre approves higher allocation for RTE Act
Finance Ministry has now approved an allocation for Rs.2,31,000 crore as against the Rs.1,71,000 crore suggested earlier, the Right of Children to Free and Compulsory Education Act over the next five years.
The Expenditure Finance Committee (EFC) under the Finance Ministry has also agreed to increase the Centre's share effectively to 68 per cent and reduce the State share to 32 per cent for implementing the Right to Education (RTE) Act, The previous sharing pattern was 55:45 and the burden was to be shared equally from 2011-12.
The total outlay approved by the EFC includes Rs.24,000 crore allocated to the States by the 13th Finance Commission.
Centre to acquire RBI's stake in Nabard and National Housing Bank
After acquiring the Reserve Bank of India's stake in State Bank of India, the government plans to pick up the central bank's stake in the National Bank of Agriculture and Rural Development (Nabard) and housing finance regulator National Housing Bank (NHB).
At present, the RBI holds a stake of about 72.5 per cent in Nabard and the remaining lies with the government. On the other hand, the NHB is wholly-owned by the RBI.
There would be a totaL cash outgo of Rs.1,900 crore as in Nabard (Rs.1,450 crore) and NHB (Rs.450 crore) for the acquisition of RBI's stake in both these institutions and the government has sought Parliament's approval for the purchase.
Some Facts:
Nabard, with a paid-up capital of Rs.2,000 crore, was set up as an apex development bank with the mandate of facilitating credit flow for promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts. It was the Narasimhan Committee that recommended the transfer of RBI's stake in State Bank of India, Nabard and NHB to the government to differentiate the central bank's role as the owner of banks and the sector regulator.
In 2007, the government acquired the 59.73 per cent stake held by the RBI in the country's largest bank, SBI, for Rs.35,531.33 crore.
Jaipur's Jantar Mantar inscribed in the World Heritage List
Bihar Govt. declares drought in 28 districts
With an irregular monsoon leading to a huge rainfall deficit, the Bihar government declared 28 of its 38 districts “drought-afflicted.”
Shyam Saran being sent as special envoy to Nepal
In an effort to end the stalemate in Nepal over the election of a new prime minister, India is sending its former Foreign Secretary, Shyam Saran, as special envoy to Kathmandu.
BlackBerry manufacturer Research in Motion (RIM) stated that it compromise the integrity and security of the BlackBerry Enterprise Solution. This has further intensified the stand-off between Indian government and RIM. In return the government warned that if it doesnt come out with some ‘technical solution', the users will have to face blocking of their ‘BlackBerry-to-BlackBerry messenger' service even though they would be able to continue with its voice and email services.
- A number of governments have recently threatened to curb use of the BlackBerry on security grounds, with Saudi Arabia joining the UAE, India and Kuwait. Governments are concerned they cannot monitor BlackBerry traffic, because unlike rivals Nokia and Apple, RIM controls its own networks, which handle encrypted messages through server centres in Canada and Britain.
- UAE has banned BlackBerry services, saying data being exported to a server in Canada is a security hazard
- Saudi Arabia has also banned BlackBerry messenger and web browser services over security reasons
- Pakistani regulator has blocked BlackBerry internet browsers citing concerns over blasphemy
- India wants BlackBerry to let intelligence agencies access email data
The Concern:
BlackBerry’s server is based in Canada where the encryption level is very high. Intelligence agencies in other countries find it had to access and decode data and it does not possess a master key or does any back door exists in the system that would allow RIM or any third party to gain an unauthorised access to the key or corporate data
India, Nepal agreement on wildlife conservation
India and Nepal have agreed to strengthen their respective National Action Plans under the Global Tiger Forum for tiger conservation in a time-bound implementation. This resolution is the outcome of the Fourth Nepal-India Consultative meeting on Trans-Boundary Biodiversity Conservation held earlier this month.
ADB to lend $222.2 m for rural road projects
The Asian Development Bank (ADB) will grant a loan of $222.2 million to India for constructing and upgrading over 4,700 km of rural roads in Madhya Pradesh, Orissa, West Bengal and Chattisgarh. This is the last installment of funds under the ADB’s Rural Road Sector II investment programme.
Centre to release additional 4.57 lt grain for APL families
THECentre is making an additional allocation of 4.57 lakh tonne foodgrain to states for above poverty line (APL) families on the public distribution system (PDS). This is to ensure distribution of atleast 15kg per APL family/month, for a period of six months from August 2010.
e-selling of imported gold bars, coins from August 2
In a first of its kind initiative, National Spot Exchange Limited (NSEL) and Shree Ganesh Jewellery House Limited (SGJHL) have launched electronic trading of gold bars and coins. . SGJHL is a government-appointed canalising agency with the requisite authorisation to import gold. And for the first time, a private organisation will participate in e-Selling of imported gold bars and coins. The service starts from August 2
West Bengal has been chosen as the first phase of the project as it is one of the largest precious jewellery manufacturing base in the country.
Centre to expand PDS cove
The Centre plans to expand the coverage of Below Poverty Line (BPL) population under the public distribution system (PDS) to 8.07 crore from the current 6.52 crore based on the acceptance of the Tendulkar Committee's poverty projections for 2011 by the Planning Commission. This will result into an outgo of about 34 million tones of food grains annually and a food subsidy of about Rs. 54,000 crore annually on BPL account alone.
The poor would continue to get 35 kg of wheat at the subsidised rate of Rs. 4.15 a kg or rice at Rs 5.65 a kg. The 2.5 crore poorest of the poor (Antyodaya Anna Yojna) beneficiaries will also continue get their entitlement of wheat at Rs. 2 a kg or rice at Rs. 3 a kg.
In addition, the government enhanced the entitlement for the APL to 15 kg per family per month at the rate of Rs. 6.10 a kg for wheat and Rs. 8.30 a kg for rice.
Bharat Nirman may run on 3G money
The rural development ministry, which runs the programme, pointed to a deficit of 10,000 crore, and called for an immediate infusion of funds to enable it to meet its deadline of linking 55,000 rural habitats by March 2012. So rural development ministry is now looking towards the Planning Commission to bail it out by setting aside a chunk of money collected from the auction of 3G spectrum. Government has received 1,06,000 crore from the auction of 3G.
The budget for the Bharat Nirman’s rural connectivity programme, which has been blended into the Pradhan Mantri Gram Sadak Yojana (PMGSY), was pegged by the rural development ministry at 22,000 crore for 2010-11. Of the 22,000 crore outlay, 4000 crore was to accrue to the programme by diverting a part of cess levied on diesel. The ministry gets 4,000 crore every year from the Central Road Fund (CRF). A sum of 6,500 crore was to come in the form of plan assistance, while another 1,500 crore was to be obtained from the World Bank and the Asian Development Bank. That still leaves the ministry with a deficit of 10,000 crore.
Dam for dam in Arunachal Pradesh
INDIA will build up hydro power projects in Arunachal Pradesh to counter the Chinese buildup in the area. China is developing a hydel project on the Yarlung Tsangpo in Tibet. Beijing may have assured that the project would not impact the flow of the river into India, but New Delhi is not sitting back. It is focusing on setting up projects on the Siang River, which what the Yarlung Tsangpo is known as after it enters India in Arunachal Pradesh.
The Siang basin has a potential for 20,000 MW, of which only three specific projects with a total capacity of 11,000 MW have been identified.
e-Abhijoga project launched in Orissa
The State government launched e-Abhijoga by which a citizen can now submit grievance online from anywhere in the world and at any time.
Additional foodgrains for States
To keep the prices of foodgrains in the open market under control, the Centre has released an additional 4.57 lakh tonnes of rice and wheat to the States for providing at least 15 kg of grains to the Above Poverty Line families under the Public Distribution System. This additional quota of subsidised foodgrains will be for six months and at the current Central issue prices.
Wheat is provided to APL beneficiaries at Rs. 6.10 a kg and rice at Rs. 8.30 a kg.
3-member committee to probe corruption charges in CWG
The Commonwealth Games Organising Committee formed a three-member panel to probe allegations of irregular financial transactions with a little-known U.K.-based company.
Maharashtra to levy “green tax” on old vehicles
The Maharashtra government decided to levy environment tax on commercial vehicles which are over eight years old and private vehicles which are over 15 years.
NCAER estimated that the number of high-income households should have reached 46.7 million by March 2010, exceeding the 41 million households counted as low-incomes.
It started with just 13.8 million households described as high-income, or earning more than Rs 1.8 lakh per annum at 2001-02 prices. Meanwhile, 65.2 million households were classified as low-income or earning less than Rs 45,000 per year. The NCAER estimated that middleincome households, or those earning between Rs 45,000 and Rs 1.8 lakh per annum, rose sharply from 109.2 million to 140.7 million in the decade.
Two-thirds of middle class live in urban India, says report
NCAER, in the report also estimated the number of families having income between Rs 2 lakh and Rs 10 lakh per annum, which is close to the World Bank definition of middle class, at 28.4 million by 2009-10. The number of such middle-class households was 4.5 million in 1995-96 and 10.7 million in 2001-02.
India has one of the highest savings rates in the world, with savings constituting an estimated 36% of the GDP.
BPCL to start community kitchen
Bharat Petroleum Corporation Limited (BPCL) is to set up a community kitchen at the district headquarters hospital. The project is mooted as part of the Union Government's ‘Vision-2015' programme to make the domestic LPG available to the deprived sections of society wherever possible through the common LPG kitchen mode. As per the scheme guidelines, a minimal cooking charge of Rs. 5.67 for an hour would be levied from the users of community kitchen.
Cable operators may have to go digital by 2013
Information & Broadcasting ministry has recommended that all cable operators need to switch to digital systems by December 2013 that would provide consumers with better quality audio and video television signals.
Pattnaik wins Sand Sculpture Championship for 5th time
Renowned Indian sand artist Sudarsan Pattnaik has won the first prize at the 8th International Sand Sculpture Championship for his sculpture about the effects of global warming.
Health Ministry claims to have saved Rs. 700 crore
In India where corruption and many wrong doings have been the part of our system and which has also taken common wealth games into its net, Union Health and Family Welfare Ministry claims to have saved Rs. 700 crore by re-tendering contracts for setting up six All India Institute of Medical Sciences (AIIMS)-like institutions across the country.
Some facts about Jatropha plant as a biodiesel fuel
Goa stops illegal iron ore exports
The Goa government has decided to freeze mining exports of all companies found selling iron ore illegally. The state government has also made it mandatory for iron ore carrying vessels to take clearance from the state mining department before leaving berth.
International Affairs
Netherlands troops leave Afghanistan
Dutch troops ended their mission in Afghanistan after four proud years.
The Netherlands' deployment began in 2006 and has cost the lives of 24 soldiers. NATO's request for an extension of the mission sparked a political row that led to the Dutch government's collapse in February, and the announced drawdown.
Cluster bomb treaty takes effect
A landmark international treaty to ban cluster munitions took effect, requiring signatories to stop the use, production and transfer of the deadly weapons. China, Russia, the United States and Israel are among those that have rejected the deal, which obliges those that have ratified to destroy stockpiles.
WHO delists Shantha bestseller
Shantha’s Shan5 vaccine is no longer on its list of pre-qualified medicines, in effect terminating what was a contract worth $340 million over three years. WHO delisted it after white sediment was found sticking to glass vials containing the vaccine.
Hyderabad-based Shantha Biotech is 80% owned by French pharmaceutical major Sanofi Aventis, which bought the company in July 2009, with Shan5 being the main attraction. Shan5 is estimated to account for more than three-fourths of the revenues of Shantha.
Shan5 is a ‘five-in-one’ vaccine to protect infants against diphtheria, whooping cough, tetanus, hepatitis-B as well as a bacterium that causes diseases such as pneumonia and meningitis.
IGC reduces wheat forecast by 13MMT
The International Grains Council (IGC) has said it lowered its estimate of world wheat production for 2010-11 by 13 million metric tonnes to 651 MMT
New Report Shatters Belief That India Has Larger N-Stockpile than its neighbour Pak
As per the report titled “Global Nuclear Weapons Inventories, 1945-2010”
- Pakistan has assembled 70-90 N-warheads against India’s 60-80
- It has produced enough fissile material to manufacture 90 more warheads
- India has fissile material to produce between 60 to 105 warheads — almost the same as Pakistan
- The report says that majority of Indian and Pakistani warheads not ‘‘operationally deployed’’
- The report estimated that China’s nuclear arsenal comprised at least 240 warheads
- China would increase its number of warheads on long-range ballistic missiles from 50 to well over 100 in the next 15 years
- Another report (by Stockholm International Peace Research Institute) said Pakistan had at least 60 nuclear warheads and was capable of producing 100 more warheads at short notice
Angel of Death
British and American forces fighting the Taliban in Afghanistan have unveiled a new weapon, the “Angel of Death”, which is touted as the world’s biggest flying artillery gun.
US to attend Hiroshima memorial for first time after 65 years on
Sixty-five years after nuclear destruction in Hiroshima, the United States will for the first time send an envoy to commemorate the bombing that rang in the nuclear age. Its World War II allies Britain and France, both declared nuclear powers, will also send their first diplomats to the ceremony in the western Japanese city in a sign of support for the goal of nuclear disarmament.
Japan, the only country that has ever been attacked with atomic bombs — first on August 6, 1945 in Hiroshima, and three days later in Nagasaki — has pushed for the abolition of the weapons of mass destruction ever since.
United Nations secretary general Ban Ki-moon, will be the first UN chief to attend the ceremony.
U.S., U.N. declare HuJI a terrorist group
The U.S. declared the Pakistan-based Harkat-ul Jihad (HuJI) a foreign terrorist organisation and slapped sanctions on its commander Mohammad Ilyas Kashmiri, 46, believed to have been in close contact with Lashkar-e-Taiba operative David Headley, for their terrorist activities in India and Pakistan.
Elena Kagan confirmed for Supreme Court
Elena Kagan, Solicitor General in the Obama administration and former Dean of Harvard Law School, has been confirmed by the Senate as an Associate Supreme Court Justice.
The vote, 63-37 along partisan lines, made Ms. Kagan the third woman Justice in the court and the fourth in the Court's history.
RBI pitches for credit default swaps
The Reserve Bank of India has proposed introduction of credit default swaps.
CDS is a swap contract in which the buyer for protection against a bond or loan makes regular premium payments to a counterparty who assumes the risk in the event of a default. In a way, credit default swaps work like an insurance cover. The premium of the cost of cover is determined by the CDS spread.
RBI issued its draft guidelines on CDS whereby RBI-regulated lenders, mutual funds and listed companies can buy credit protection on the bonds they hold. The protection can be sold by banks and finance companies with a net worth of over 500 crore and non-performing assets of less than 3%. Banks that intend to sell protection need to have a capital adequacy of at least 12% while non-banks it would be 15%.
The biggest gainers will be large corporates, particularly infrastructure companies. A bank which risks hitting its exposure limits in respect of a particular loan can safely continue lending without hitting its exposure limit by purchasing protection through CDS. Once the CDS is purchased the banks exposure will be to the entity that is providing protection.
Note: Credit default swaps had got a bad name following the global financial crisis as it emerged that AIG had sold protection against subprime loans most of which turned bad.
There are a number of ways in which CDS in India will be different from those that brought down AIG.
First, the protection can be sold against risks of a single issue. In the case of AIG the protection was provided for a mortgage backed security representing thousands of unknown home loans.
Secondly, the protection can be bought by only those who actually hold the bonds. The crisis was accentuated by the fact that many investors not holding any bonds bought protection betting on the default of a particular corporate.
Thirdly, RBI has severely restricted the number of parties that can issue of protection.
RBI takes away key portfolios of KC Chakrabarty
The Reserve Bank of India has taken away all key portfolios of its Deputy Governor KC Chakrabarty after his comments on the central bank's monetary policy. The announcement on the Reserve Bank's website gave no reason for the changes, which cut the number of departments in Chakrabarty's portfolio from eight to four.
Chakrabarty, who took up his three-year post in June 2009, had remarked off the record that RBI should have been more aggressive in raising rates to combat inflation. His remarks in the past have moved markets.
The apex bank had at credit policy meet on July 27 lifted the repo rate, at which it lends to banks, by 25 basis points to 5.75%. It raised the reverse repo rate, at which it absorbs excess cash from the system, by 50 basis points to 4.5%.
FDI plunges 45% to $1.41 b in June
Foreign direct investment (FDI) in the country has declined by about 45% to $1.41 billion in June this year. The FDI inflows in June 2009 were $2.58 billion. The sectors which attracted foreign investment include services, telecommunication, construction activities and computer software and hardware.
Foreign investment in May 2010 was at $2.2 billion. FDI during the first quarter of 2010-11 was at $5.80 billion. During April-June 2009-10, FDI inflows were $7.01 billion.
An index to measure loyalty
Every relationship is based on expectations and experiences. How a person reacts after realising and acknowledging both these features is what determines the future of the relationship. This is the basis for a new product launched by Pune-based global consulting and solutions integration company, Nihilent. Called Predictive Customer Loyalty Evaluation (CLE), the model was launched in Pune.
Nihilent has a tie-up with the Indian Statistical Institute.
RELIANCE Industries (RIL) has agreed to buy 60% stake in the Marcellus shale acreage in the US for $392 million, or around 1,810 crore.
Some facts: Shale gas is defined as natural gas from shale formations. The shale acts as both the source and the reservoir for the natural gas. Older shale gas wells were vertical while more recent wells are primarily horizontal and need artificial stimulation, like hydraulic fracturing, to produce.
It is also true that shale gas production is seen as a potential health hazard by many people. The fracturing process referred to requires large volumes of water, sand and several toxic chemicals. Home owners in areas of shale gas production have complained about fouled drinking water and illness. Recently, New York City requested a ban on shale gas production in the catchment area for its drinking water supply.
Adani buys coal mines in Australia for 12,221 crore
Adani group flagship company, Adani Enterprise (AEL), acquired the coal mines of Australia's Linc Energy in a cash and royalty deal worth A$ 2.9 billion (Rs 12,220.6 crore).
Direct tax collections soar 15.8%
Net direct tax collections grew a strong 15.8% in the first four months of the current fiscal over the same period last year. It is increasing the chances of government raising more than the 4.2 lakh crore it has budgeted for the year.
Food inflation eases to 9.53%
Food inflation eased to a 13-month low in July. Inflation in the food price index rose to an annual 9.53% in the week ended July 24 as fruit and vegetables became cheaper. It was marginally higher at 9.67% in the previous week.
Inflow from FIIs crosses $10bn mark
overseas fund houses pumped a whopping Rs 16,600 crore ($3.5 billion) into the domestic stock market in June, taking their total investment so far this year to over Rs 47,690 crore ($10.4 billion).
Food inflation slides to a 13-month low
Food inflation dipped to a 13-month low of 9.53% in the week ended July 24. The index of wholesale prices of farm products declined 0.14 percentage points from 9.67%
Deaths :-
K M Mathew passes away
Media doyen and chief editor of Malayala Manorama daily, K M Mathew passed away.
Awards
Konkani litterateur Ravindra Kelekar presented Jnanpith Award 2006
Lokamanya Tilak award for Sheila Dikshit
Delhi Chief Minister Sheila Dikshit was awarded this year's Lokmanya Tilak awardon the 90th death anniversary of Bal Gangadhar Lokmanya Tilak.
Leelavathi Award for Simon Lehna Singh
Well-known physicist-turned author, journalist and television producer of Indian origin Simon Lehna Singh has been selected by the International Mathematical Union for the Leelavathi Award in recognition of his outstanding contribution to public outreach in mathematics.
Named after the immortal mathematical treatise of the great Indian mathematician Bhaskaracharya, the award carries a cash prize of Rs.10 lakh and a citation.
Bengal beat Punjab to win Santosh Trophy after 11 years
Bengal made a spectacular comeback to beat Punjab 2-1, ending their 11 years title drought in the 64th National Football Championship for Santosh Trophy.
BCCI refuses donation for CWG
The Commonwealth Games suffered another blow, with the BCCI refusing to give Rs. 100 crore in donation sought by the Organising Committee.
Gagan Narang lands a bronze medal
Gagan Narang bagged the air rifle bronze medal in the 50th shooting World championship with a score of 699. This was only the fifth World championship medal for an Indian shooter after the gold medals of Abhinav Bindra and Manavjit Singh Sandhu, silver medal of Dr. Karni Singh and the bronze medal of Rajyavardhan Singh Rathore.
Mayookha sets National record
Mayookha Johny bettered Anju George's triple jump National record with a leap of 13.68 metres on the second day of the 50th National inter-State athletics championships. That was achieved on her second jump and the21-year-old Kerala girl came up with a 13.68m effort on her next jump to go past Anju's 2002 mark by one centimetre.
Indian women hockey team win bronze in Asian Champions trophy
The Indian Women's Hockey Team won a bronze medal in the inaugural Asian Women Champions Trophy Hockey at Busan, South Korea. They beat stronger China 2-1 in the bronze medal play-off.
Indian wrestlers win 21 medals at Asian Cadet Championship
Indian grapplers bagged 21 medals, including nine gold medals in the recently concluded Asian Cadet Wrestling Championship in Pune. players from 22 countries participated in various events of the tournament.
In the men's free style event, India got nine medals including five gold medals, three silver and one bronze. Deepak (50 kg), Harphool (54 kg), Anil (58 kg), Sumit (69 kg), and Rajesh (76 kg) were the gold medal winners. In female wrestling, India won nine medals including four gold, two silver and three bronze. Sanju Jakhar (38 kg), Ritu (40 kg), Vinesh (43 kg) and Priyanka (49 kg) were the gold medal winners.
India comfortably won the team championship in both men free style and female wrestling.
Webber wins Hungarian GP
Australian Mark Webber took back the Formula One championship lead from Lewis Hamilton after snatching victory in a Hungarian Grand Prix. Lewis Hamilton has got retired from Hungarian GP and this is related to its bad performance in Hungarian GP.
Somdev finally cracks the top-100 code
India Tennis player Somdev Devvarman sealed a top-100 place in the world rankings for the first time in his career moving up seven places to No. 96. He became the first Indian since Leander Paes in 1999 to be slotted in the top-100 of the ATP rankings.
TN Police wins Hockey Tournament
Tamil Nadu Police thrashed ABM Infotech 10-0 on the opening day of the Syed Ahmed memorial hockey tournament.
Nimdia wins bronze
Five-year-old Ridit Nimdia of Rajasthan has made India proud by winning the bronze medal in the sixth World schools chess championship in the under-7 category in Turkey.
Nimdia is the youngest player to be awarded FIDE rating in chess which he received at the age of four years and 270 days. He is also the youngest to defeat a FIDE-rated player in a World championship.
Petroleum's reign continues in Table Tennis
In 40th inter-institutional table tennis championship, the result are
Men: Petroleum beat Railways 3-0 (Sourav Chakraborty bt Aman Balgu; Soumyadeep Roy bt Harmeet Desai 11; A. Amalraj bt Anirban Nandi).
Women: Petroleum beat Air India 3-0 (Mouma Das bt Mallika Bhandarkar ; Poulomi Ghatak bt Ashlesha Bodas; Madhurika Patkar bt Prajakta Tipale 11) .
RBI beats DYSS in Hockey game
RBI defeated DYSS 4-2 in a Travancore Cup hockey tournament match.
- Gujarat bans mobile phones in schools
- Singapore Minister to attend Nalanda panel meet
- Mahatma Gandhi University has decided to honour N. Ram, Editor-in-Chief of The Hindu, renowned artist A. Ramachandran and veteran musician V. Dakshinamoorthy.
- NHRC chief K G Balakrishnan favours continuance of death penalty
- UAE, Saudi Arabia to block BlackBerry
- The Pakistan army is moving closer to inducting Predator drones
- Hollywood star Julia Roberts has converted to Hinduism in the hope of having a peaceful life in her next incarnation
- The manufactureur of BlackBerry smartphone is Canada-based manufacturer Research In Motion (RIM)
- Chairman of Nalanda Mentor Group (NMG) is Nobel laureate Amartya Sen
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