Britain votes to leave EU, markets rocked
Transcription
Britain votes to leave EU, markets rocked
www.divyadelhi.com RNI NO.-DELENG/2013/54397 Daring & Dynamic New Delhi NATIONAL ENGLISH WEEKLY Vol. 4 No. 14 27 June to 03 July, 2016 `5 E-mail : [email protected] Britain votes to leave EU, markets rocked Britain has voted to leave the European Union, forcing the resignation of Prime Minister David Cameron and dealing the biggest blow since World War Two to the European project of forging greater unity. Global stock markets plunged, and the British pound saw its biggest one day drop in history, as results from a referendum defied bookmakers’ odds to show a 52-48 per cent victory for the campaign to leave the bloc Britain joined more than 40 years ago. The United Kingdom itself could now break apart, with the leader of Scotland, where nearly two-thirds of voters wanted to stay in the EU, saying a new referendum on independence from the rest of Britain was “highly likely”. US President Barack Obama tried to limit the fallout from Britain’s vote to leave the European Union which threatens to harm the US economic recovery and distract US allies from global security issues. Obama, who had argued passionately against the UK leaving the EU in a trip to the Britain this year, vowed that Washington would still maintain both its “special relationship” with London and close ties to Brussels. In an emotional speech, UK Prime Minister Cameron, who led the campaign to remain in Europe to defeat, after promising the referendum in 2013, said he would leave office by October. “The British people have made the very clear decision to take a different path and as such I think the country requires fresh leadership to take it in this direction,” he said in a televised address outside his residence. “I do not think it would be right for me to be the captain that steers our country to its next destination,” he added, choking back tears before walking back through 10 Downing Street’s black door with his arm around his wife Samantha. The British pound fell as much as 10 per cent against the US dollar to levels last seen in 1985 on fears the decision could hit investment in the world’s fifth-largest economy, threaten London’s role as a global financial capital, and usher in months of political uncertainty. The euro slid 2.0 per cent against the US dollar. World stocks saw more than $2 trillion wiped off their value. European stocks ended down 7.0 per cent STOXX, the biggest one day fall since 2008. US stocks fell suffered the largest selloff in ten months sharply, with the Dow Jones industrial average .DJI losing 3.4 per cent. Investors rushed to put their cash in the safety of gold which clocked up its biggest daily gain the global financial crisis of 2008, ending Friday up 5.0 per cent at $1,315 an ounce. Quitting the world’s biggest trading bloc could cost Britain access to the trade barrier-free single market and means it must seek new trade accords with countries around the world. A poll of economists by Reuters predicted Britain was likelier than not to fall into recession within a year. The EU arose out of the ashes of two world wars to unite a continent and now faces the challenge of maintaining economic and political unity without Britain, which has the EU’s biggest financial center, a UN Security Council veto, a powerful army and nuclear weapons. “It’s an explosive shock. At stake is the break-up pure and simple of the union,” French Prime Minister Manuel Valls said. “Now is the time to invent another Europe.” German Chancellor Angela Merkel called the “Brexit” vote a watershed for European unification. The result emboldened eurosceptics in other EU member states, with French National Front leader Marine Le Pen and Dutch far-right leader Geert Wilders demanding their countries also hold referendums. Le Pen changed her Twitter profile picture to a Union Jack and declared “Victory for freedom!” The British vote will trigger at least two years of divorce proceedings with the EU, the first exit by any member state. Cameron, in office since 2010, said it would be up to his successor to formally start the exit process. His Conservative Party rival Boris Johnson, the former London mayor who became the most recognizable face of the Leave camp, is now widely tipped to seek his job. “We can find our voice in the world again, a voice that is commensurate with the fifth-biggest economy on earth,” he told reporters at Leave campaign headquarters. Lawmakers from the opposition Labour Party launched a no-confidence motion to topple their leader, leftist Jeremy Corbyn, accused by opponents in the party of campaigning tepidly for its Remain stance. 2 Lead Story 27 June to 03 July, 2016 Errant builders can escape jail with fine Modi talks trade with presidents court,” the proposed rules said. Though the draft rules signal a big relief to builders and property dealers, they have to comply with the orders of the regulator or appellate tribunal within 30 days. To bring parity in case of delay in payment by the promoter and buyer, students, all of whom had failed in one or more subjects. This ensured that the pass percentage jumped from an embarrassing 39.5 per cent to a more than respectable 72.25 per cent. According to the board’s academic regulations, not more than 1 per cent grace marks can be given. All this was done on May 23, just six days before the intermediate examination scandal of propping up toppers rocked Bihar. r aI trust among Afghanistan people towards India than towards Pakistan", he said. He said under Prime Minister Narendra Modi's stewardship, India's foreign policy has maintained a broad continuity, however, the renewed thrust has allowed a much broader consensus in the US in dealing with India. n s t it u t e o echnology fT that exact dates and venues will be determined later. “In the month of September, the BCCI is willing to host a mini IPL or IPL overseas with all the eight teams participating,” Thakur told reporters. “It will be a shorter format, not home and away matches but a lesser number of matches; in a two-week window we will be able to complete it.” The IPL has traditionally been held in India - barring the 2009 edition when it moved to South Africa over security concerns surrounding elections - in the months of AprilMay. The Champions League, which featured the leading T20 teams from major countries, used to held in the latter half of the year, around September-October. It was last held in 2014, before the three founding board - the BCCI, Cricket Australia and Cricket South Africa - mutually decide to call it off owing to poor viewership, audience apathy and unstable sponsorships. As per the ICC FTP, India were due to host Bangladesh for one Test match in the first week of September. However, when the BCCI recently announced the fixtures for the home season, that one-off Test with Bangladesh had been pushed back, leaving the slot vacant for a tournament such as the mini-IPL. Afghan people trust India more than Pakistan with New Delhi making significant investments in developmental projects in the war-torn country, a former senior Indian diplomat has said. India has capability and interest to play a strong role in west of India, including in Afghanistan and Mid-east, as well as to the east, former foreign sectary G Parthasarthy said in his address to Foundation for India and Indian Diaspora Studies (FIIDS) in San Francisco on implications of India's regional foreign policy this week. India has "significant investment" in Afghanistan and "there is more R ud Chandigarh: It seems that failure is not something the Punjab School Education Board takes well. When a huge number of students failed the 2016 Class X exam, the board doled out nothing less than 27 grace marks to a massive 1.12 lakh Mini IPL in Sept, BCCI to confirm dates later The BCCI has announced its plans to hold a mini-IPL in September 2016, using the window once allotted for the defunct Champions League Twenty20. Anurag Thakur, the BCCI president, confirmed the development on Friday in Dharamsala, where the board is conducting its first annual cricket conclave, and to new heights. The diversification of trade, encouraging the possibility of Indian investments in potash mines in Belarus and collaboration in the field of science and technology particularly by drawing on the talent of the youth were priority areas of discussion,” External Affairs Ministry Spokesperson Vikas Swarup said. In the meeting between Modi and President of Tajikistan Emomali Rahmon, it was decided to celebrate the 25th anniversary of the establishment of bilateral relations in a manner “befitting” the strong bonds between the two countries. “They spoke of the intensification of trade and economic linkages, working towards better connectivity between the two countries and of ongoing security cooperation. The yearly celebration of the International Day of Yoga was a special item of discussion,” said Swarup. 27 grace marks Afghan people trust help 1L clear board India more than Pak, exam in Punjab says Parthasarthy t New Delhi: The multifaceted engagement between India and Qatar in different fields would further deepen and strengthen the ongoing cooperation, President Pranab Mukherjee said. In a message to Qatar’s Emir Sheikh Tamim bin Hamad Al on the eve of the anniversary of his accession, Mukherjee said the historical and friendly relations between the two countries are anchored in millennia-old cultural, religious and economic ties, characterised by extensive people-to-people contacts. “I am confident that our multifaceted engagement in different fields would further deepen and strengthen our ongoing cooperation for the mutual benefit of our two peoples. “I take this opportunity to convey to your highness my best wishes for your good health and well-being and for the progress and prosperity of the friendly people of the state of Qatar,” the President said. Prime Minister Narendra Modi held separate bilateral talks with Presidents of Tajikistan and Belarus and explored ways to expand cooperation in areas of trade and investment with the resourcerich Central Asian countries. The Prime Minister held the meetings on the sidelines of the annual summit of the Shanghai Cooperation Organisation (SCO) in Uzbekistan capital. In the meeting between Modi and President of Belarus Alexander Lukashenko, both leaders reviewed diverse aspects of the bilateral ties and emphasised the need to take relations to new heights. “During the meeting, the two leaders discussed the anniversary of 25 years of diplomatic relations between India and Belarus focusing on all the different spheres of bilateral ties. “The two sides e phasised the need to take relations en India-Qatar’s ties to further strengthen: Prez of tajikistan, belarus in Tashkent M ana g m the plot, apartment or building to avoid going to the jail. “On payment of the sum of money, any person in custody in connection with the offence shall be set at liberty and no proceedings shall be instituted or continued against such person in any it is proposed that the interest rate will be the State Bank of India’s prime lending rate plus 2 per cent. The act provides for imprisonment of up to three years for builders who do not follow the rules, and up to one year for real estate agents and buyers and/ or monetary penalties if they violate orders of appellate tribunals. The draft rules specify promoters can’t discriminate against anyone in the allotment of apartment, plot or building on any ground. A real estate regulatory authority will also have to be set up in states and UTs so that buyers can have access to information relating to promoters and projects. & NEW DELHI: After making a bold provision in the Real Estate Regulation Act to jail errant builders and real estate agents, the draft rules for implementation of this law made public seemed to provide an escape clause to the jittery sector. It proposes a “compounding fine” to escape imprisonment. By paying 10 per cent of the estimated cost of the project, builders can avoid going to jail. Similarly, property dealers can also escape imprisonment by paying 10 per cent of the plot’s or apartment’s cost. According to the draft rules, a builder can pay 10 per cent of the estimated cost of Rudra Institute of Technology & Management Admission Guidance in School/ Collages for 10th/ 12th, BBA/MBA, BCA/MCA, L.L.B., B.ED, M.ED, M/B/D. Pharma, BDS, MBBS, BE/B. TECH, Phd [email protected] 9999248010 8285331970 27 June to 03 July, 2016 CITY/ NCR 3 Sisodia, over 60 MLAs Black money window: IT detained on their way to RCR dept holds session in Delhi New Delhi: The Income Tax department held an awareness conference to popularise the scheme of one- time domestic black money compliance window in the business community and others in Delhi. A session on the Income Declaration Scheme (IDS) was held in Wazirpur Ring Road area by Principal Commissioner of Income Tax (Range-12) A K Chauhan. He addressed about 200 participants who were brought together by the manufacturers and traders association of the area in north Delhi. Chauhan told the participants about the salient features of the scheme and said the declarants under IDS will face no action under the Income Tax Act and the Wealth Tax Act if they declare their untaxed assets under it. He said by making a onetime payment of penalties under IDS, the declarants of such assets can also get rid of lengthy litigations and inquiries by the taxman. “The scheme is a one-time opportunity and declarants should use it and come out clean,” Chauhan said. During the session, Chauhan also provided answers to a number of questions raised by the traders and other participants. He assured he will take their suggestions and demands to the higher authorities. IDS was started this month and will accept declarations till September 30. The Central Board of Direct Taxes and the Finance Ministry have asked the taxman to accord high priority to the publicity of the scheme and ensure good participation. Under the scheme, income as declared by eligible persons would be taxed at the rate of 45 per cent which is 30 per cent plus a ‘Krishi Kalyan Cess’ of 25 per cent and a penalty at the rate of 25 per cent. These taxes have to be paid by November 30 after the window closes in September. The scheme was announced by the government with an aim to weed out black money from the domestic economy. IDS will apply to undisclosed income whether in the form of investment in assets or otherwise, pertaining to financial year 2015-16 or earlier. Declarations under IDS can either be made online on the official e-filing website of the IT department or before various regional Principal Commissioners of IT in the country. Many Bills waiting nod, little headway so far New Delhi: The Delhi assembly’s special session that ended on June 13 approved the Value Added Tax (Third Amendment) Bill 2015, making it significantly the only legislation among a clutch cleared earlier that is likely to reach the stage of notification sometime later this month after lieutenant-governor Najeeb Jung gives the final go-ahead. Besides the VAT Bill, the only other Bill of the Delhi government that has been conclusively dealt with from among the ones forwarded to Jung after their approval by the assembly—against the LG’s stand that all Bills have to be approved by him prior to being placed in the assembly—is the one seeking to amend the Delhi Members of Legislative Assembly (Removal of Disqualification) Act, 1997 to exempt 21 parliamentary secretaries from the purview of the office-of-profit clause. The Centre referred this Bill to President Pranab Mukherjee, who withheld assent, creating a crisis for the AAP government. Differing over the interpretation of Section 26 of the GNCTD Act, the Delhi government had earlier passed these Bills in the assembly without the LG’s prior approval. Jung took no action to clear them when they reached his desk, leading to an impasse that was broken only on March 30 this year, when CM Arvind Kejriwal in his budget day speech said that he was ready to get prior approval for the Bills from LG, provided the BJP MLAs took the responsibility of getting the legislations passed by the Centre on a priority. New Delhi: Delhi Deputy Chief Minister Manish Sisodia and over 60 Aam Aadmi Party legislators were detained by police while they were on their way to Prime Minister Narendra Modi's residence here to protest the arrest of a party MLA. The MLAs were detained for violating prohibitory orders around 7 RCR. The protest march comes a day after AAP MLA Dinesh Mohaniya was arrested on charges of molestation and sexual harassment amidst high drama when he was addressing a press conference. Mohaniya, who is also vice chairman of Delhi Jal Board, was picked up by a police team while addressing a press conference at his office in Khanpur. He was booked for allegedly misbehaving with a group of women who approached him with a complaint regarding water crisis in their locality. Sisodia said although they were detained and taken to the Parliament Police Station, he and his partymen were ready to go to Tihar Jail. "Modiji, you have arrested us and kept us in Parliament Street Police Station. We are ready to go to Tihar Jail. But do not stop the work of Delhi," he tweeted. Delhi Chief Minister Arvind Kejriwal had earlier tweeted, "Complaint filed against Manish Sisodia yesterday. Manish will go to 7, RCR today to surrender himself before PM," he said. Sisodia had yesterday tweeted, "Modiji, your enmity is with us. Arrest us. But do not stop the work of Delhi. We all are coming to surrender before you". The Deputy CM had yesterday said when he went for a surprise inspection at Gazipur Mandi, some people who were running illegal business, registered a complaint alleging that he had threatened them. "I am sure that Modiji will tomorrow, will convert this complaint into accusations like violence, eve teasing a girl and extortion and get me arrested," he had stated. Referring to yesterday's incident, Special CP Law and Order North S B K Singh said the president of Gazipur Aadhti Association had given a letter at Gazipur Police Station stating that Sisodia adopted a "dictatorial attitude" on hearing their grievances during his visit to Gazipur Mandi. "He was worried that Sisodia could get something wrong organised due to his position. No police action is made out in the matter," he said. 4 EDUCATION 27 June to 03 July, 2016 Ayurveda courses a big hit among foreign students JAIPUR: Degree and diploma courses in ayurveda in Rajasthan are drawing students from SAARC nations, Europe and USA. The National Institute of Ayurveda (NIA), Jaipur, run by the ministry of Ayush, has received ‘expression of interest’ from foreign students to study ayurveda. Shankar Rao, director of NIA, said, “This year again, we have received a phenomenal response from foreign students. The popularity of ayurveda has been increasing. Students are making a beeline for its courses because of the vast job opportunities this stream offers.” Students interested in MD and PhD courses can apply for admission on website: www.nia.nic.in The NIA is affiliated with Dr Sarvepalli Radhakrishnan Rajasthan Ayurved University which one among four such universities in the country. Here, students are exposed to the ancient science of ayurveda from ancient and modern texts. The state-ofthe-art labs are equipped with advanced medical and surgical equipment along with a pharmacy unit for drug production. “Our labs have facilities for conducting bio-chemistry, haematology and microbiology and drug tests. Besides, our pharmacy production unit has all natural resources required to make medicines,” said Rao. Here, special courses were introduced for foreigners keeping in mind their interest. In the past three years since the establishment of Ayush ministry, the people’s awareness of ayurveda has increased considerably. Paul Dsouza of Italy has showed interest in applying for a diploma course in introduction to ayurveda. “I am a researcher on ancient medical sciences. I have read a lot about ayurveda and found several principles of ayurveda to be true in the light recent medical findings,” he told Rao in an email. Every day, the institute has been receiving applications from foreigners seeking admission and guidance for research work. So far, 50 foreign students have completed their diploma courses from here. NIT fee hiked to `1.25L from `70K per annum NEW DELHI: After IITs, fees in National Institutes of Technology (NITs) are all set for a hike from Rs 70,000 to Rs 1.25 lakh per annum. The HRD ministry has approved this proposal of the NIT Council and the increased fees will be effective from new admissions. The fee hike will not affect those who have already taken admissions, a senior official told. In a separate decision, the ministry also decided to hike the fees for the Indian Institutes of Science Education and Research (IISER) from Rs 15,000 per semester to Rs 25,000 per semester from “prospective effect”. The decision was taken at a meeting chaired by HRD Minister Smriti Irani’. “A decision has been taken to raise the fees at NITs for undergraduate as well as post graduate courses for which Rs 70,000 was charged. Now the students who join NITs will have to pay Rs 1.25 per year for these courses,” the official said. “The fee hike would only for new students who get admission and not for those who are already studying,” the official said. Earlier, this year, the HRD ministry had hiked the fees for IITs from Rs 90,000 to Rs 2 lakh per an- num. However, on the lines of the decision taken with regard to IITs, the ministry has decided to give a total fee waiver for the differently-abled, students from SC and ST community and those belonging to families with annual income less than Rs 1 lakh. Students from families with annual income of less than Rs 5 lakh will also be entitled to a fee waiver of two-thirds amount. The officials said the fee hike has been affected with an aim of providing more resources to these institutions so that highest quality education can be provided. Nearly 50% of DU aspirants from Delhi NEW DELHI: There will be no respite for high cutoffs in Delhi University colleges with BA (honours) English likely to see a new high. Maximum number of applications (1,15,786) have been received for this course this year, followed by BA programme with over 98,000 applications and BA (honours) Political Science too crossing the 90,000 mark. The online registration for the undergraduate admission 2016-17 ended on Wednesday at 5 pm and as per data till that time the highest number of applications have been from Delhi. The payment of registration fee continued till 12 midnight and a few thousand more candidates joined the growing number of DU aspirants. In all till 5 pm Wednesday 2,50,220 applicants completed the registration process, which included 1,29,910 male, 1,20295 female and 15 others category candidates. The number of applications from persons with disability once again remained less than that of the total number of seats. As against 1,620 seats only 1,184 candidates filled the online form. The competition gets tougher even in the sports and ECA category as over 18,000 aspirants are now vying for 2,700 seats as against 16,000 plus applicants last year. Among the reserved categories the highest number of applications are from OBC candidates which is close to 50,000 this year. The next step is the university will send the admission data to the colleges and the colleges will work out the cutoff for the first list. The first list is going to be issue on June 30 at 9 am and admissions will also commence on the same date. Apart from English, political science and BA programme, courses like BCom (honours), BCom programme, economics, physics and chemistry will remain “exceptionally high” predicts a principal of a North Campus college, adding, “the first cutoff list is only for the top 10% of the applicants.” HRD ministry approves common counselling for IISERs with IITs NEW DELHI: The HRD ministry allowed common counselling from next year for admission to seven Indian Institutes of Science Education & Research (IISERs) along with IITs and NITs. IITs/NITs introduced common counselling last year. Though IISERs were keen for common counselling from this year, the ministry said it should not be rushed. “We advised caution. It is a good idea. Common counselling has found support among students,” a highly placed source said after the daylong meeting of the standing committee of IISERs. There are 1,120 seats in the seven IISERs — 200 each in the five campuses in Kolkata, Pune, Mohali, Bhopal and Trivandrum, and 60 seats each in the newer centres of Tirupati and Behrampur. Like in the IITs, it has also been decided that 15 per cent of the supernumerary strength of each IISER will be made available to foreign students. However, the candidates will have to clear the joint entrance test. Indian students make it to the IISERs through three routes: by clearing JEE, bagging Kishore Vaigyanik Protshahan Yojna (KVPY) awards and being among the top 1 per cent of each school board, including CBSE. As for NRI students studying in India and getting admission through one of the three routes, the fee charged will be the same as those taken from Indians. Foreign nationals will also be allowed admission for post-doctoral research. “They will have to fulfil all the existing criteria,” a source said. Outside the media glare in little less than a decade, the five original IISERs started during UPA-I have made a mark with cutting-edge research in various fields, especially biotechnology. “In ranking and research, IISERs are just below Indian Institute of Science,” a senior official said. In terms of output, each IISER has about six or seven US patents and also have on an average 1,000 research papers published in international-refereed journals. UGC amends norms for tie-ups with foreign institutes NEW DELHI: Indian educational institutions which enter into academic tie-ups with foreign institutes will have to ensure that students who opt for these courses will study at least one semester for post-graduate degrees and two semesters for under-graduate degrees abroad. At a meeting held on Wednesday, the University Grants Commission decided to amend the existing guidelines. As per the decisions, Indian institutes which get top accreditations will now be able to approach the UGC to seek its nod for entering into academic tieups with highly-rated education institutions abroad. Under the previous norms, only foreign institutes could seek permission for academic collaborations. "Today, the UGC has taken a decision as per which the highest graded Indian institutions can engage in academic collaboration with foreign educational institutions of highest grade in their country or those who have crossed the threshold limit," HRD minister Smriti Irani told reporters as she announced the decisions. As per the new norms, the name of the foreign institute will also be mentioned on the degree certificate for such courses. The norms, which will soon be notified, also specify a minimum degree of collaboration as per which at least one semester for post-graduate degrees and two semesters for under-graduate degrees have been specified. A window of one year has been provided for institutes, which already have a global partnership, to get their pacts approved by UGC, the HRD minister said. A committee of experts will examine the proposals for these collaborations. Irani said there have been instances where institutes fraudu- lently advertise collaborations with foreign institutions creating problems for students. It has been decided that the UGC will approach the state government concerned for action in such cases, she said. The MoUs will provide sufficient autonomy to the institutions, officials said, adding that students from foreign institutions will also be allowed to come to Indian campuses under these norms. Irani also said it will be ensured that within 30 working days all applications will be responded to and in a yes or no situation in 60 working days. Officials said that guidelines for collaborations had been previously brought out in 2012 during the previous regime but they had not attracted any proposals. 27 June to 03 July, 2016 EVENTS Summer camp concludes on a high note Satya Education and welfare Association Organised a summer camp which is undoubtedly liked by almost all the kids. The much awaited summer camp ended on a high note on June 25. Many kids participated and learned many basic things which will help them to lead their life in an easy way. The kids which they learnt in the summer camp includes – Yoga, computer, personal development, drawing etc. The kids in a very enthusiastic way learned the things which were taught to them, even they showed such an immense eagerness towards learning new things. The kids always want to learn but in a different way, which includes summer camp, trekking and many more. At the finale of the summer camp, certificates were distributed to the kids for showing their enthusiasm towards the event. The teachers were felicitated for their time given to the event. The other members of the organisation Chander, Manmohan, Kuldeep Raj thanked the teachers for their gesture shown towards the summer camp which concluded on a high note. French Brand Marie Claire makes a fashionable entry in India The Epic brands hosted a memorable evening for Delhi’s fashionistas and social fraternity to launch French lifestyle brand Marie Claire in India. The evening kicked off with a scintillating fashion show showcasing the latest collection of Marie Claire by international models in a delightful style. Choreographed by Ketan Bhatia and styled by Anuj Lalwani the collection featured Casual, Urban, Denim and Evening wear of Marie Claire. With exotic cocktails and canapés doing the rounds, the evening was graced by former Miss India and Bollywood Actor Neha Dhupia along with Padamshree Shahnaz Hussain, fashion designers Samant Chauhan, Dolly J, Gautam Gupta, Sadan pande, Rosy Ahluwalia, Akash Agarwal, socialites Salloli Kumar, Vesna Jacob, Varun Katyal, Nalin Gupta, astrologer Jai Madaan, Ketan Bhatia, Anuj Lalwani, Lavina Kharakwal, Shalini Kochar amongst others. “It is an absolute privilege to be here at the launch of Marie Claire in India, at a platform that make certain the Indian women have access to one of the best fashion brands of the world and beauty in equal measure”, said the world renowned woman entrepreneur Shahnaz Hussain. The host of the evening Amiteshwar Grover and Harman Kalra, Director Epic Brands personally took care of the guests and made the event a night to remember. 5 Moulin Rouge Night The Japanese bar and kitchen Benihana was in a new avatar at the Moulin Rouge night hosted by White Pepper and IDP Events recently. With DJ Shubz made the people dance on his tunes, Japanese sushi and exotic snacks made the guests grooving till the wee hours. Among those spotted from the social circle include a lot of young Splitsvilla actors and models that included Nalin Gupta, Shainee Soni, Gaurav Arora, Varun Jhamb, Jagnoor Aneja, Barkha Sharma, Neha Sahni, Abhishek Shandilya, Saksham Dhall, Abhishek Kaushik and Harsh Singh. The host of the night Diljeet Singh personally took care of all the guests. 6 Editorial Brexit may deliver fatal punch to Paris climate pact Even before the entry into force of the Paris climate agreement that saw global jubilation just six months ago, we are faced with the possible risk of exit by referendum from the pledge of an ambitious reduction in the emission of Green House Gases (GHGs). The United Kingdom, one of the 28 countries of the European Union (EU) that collectively pledged the ambitious reduction of at least 40 percent by 2030 compared to 1990, is holding a yes-no referendum on June 23 to determine if it wants to be part of the Union. Brexit, an exotic word coined by the media to describe “British exit”, is likely to deal a huge blow to the carefully and successfully negotiated Paris agreement, turning the euphoria generated to EU-phobia. Brexit is making global headlines. Not only the British and European elite but world renowned politicians, heads of the state, Nobel laureate economists, the IMF chief, academia and media have written and opined about possible impact of Brexit. Such impact analysis has remained confined to the flow of immigrants, economic growth, employment potential, market, trade, foreign investment, EU regulations and constraints and Britain’s global image. Many experts, including those from India, have analysed the impact of Brexit on their own countries. It is strange, and even inexplicable, that the impact of Brexit on the Paris deal and global warming has been minimal. The economic impact has been quantified by well-known consultancy agencies but not the climate impact. Even US President Barack Obama, who was in Britain on the day the world leaders gathered in New York to sign the Paris pact, campaigned against Brexit side-by-side with Prime Minister David Cameron. He highlighted the loss of trade opportunities and degradation of Britain’s privileged global image. The media, that was ecstatic in reporting the deal, now focussed mainly on the adverse impact on Britain’s energy access than on the climate deal. The British people, who will stamp on the yes-no ballot, are unclear on what happens to the Paris deal if Britain, the EU’s second biggest GHG emitter, leaves. The referendum is taking place with scant regard to the future impact on the Paris deal, about which Cameron had said: “The whole world now signed-up to play its part in halting climate change. What is so special about this deal is that it puts the onus on every country to play its part.” The issues of immigrants, trade and economic growth overshadow the impact of Brexit on climate change. Under the Paris agreement, all parties, including regional economic organizations like EU and their member states, each member state individually and the EU as a whole, will be responsible for the allocated emission level. Brexit would mean that EU, as well as Britain, has to notify its revised pledge. This would mean renewed consultations with the remaining 27 EU countries and a new exercise within Britain of determining its national contribution. Till now, 177 member states have signed the Paris agreement but only 17 have ratified it through their national legal process. Its entry into force will be when 55 Parties to the Convention, accounting for at least an estimated 55 per cent of the total GHG emissions, have ratified the Protocol. The 17 Parties - nearly all of them small island countries - that have ratified the pact represent only 0.04 percent of the total global GHG emissions. There is a long way to go before the Paris agreement enters into force and the legal implementation begins. China and the US together account for nearly 40 percent of global GHG emissions. The EU, which has a 10 percent share, is therefore key to making the Paris agreement work. The process of revising pledges is likely to delay this at a time when urgency and ambition to address climate change is of paramount importance. But the scenario after Brexit -- as of today the yes-no votes seem to be running neck-and-neck -- may be even more scary than just delay in operationalising the Paris agreement. Hard core conservationists, right wingers who are doggedly fighting with a fear-fuelled drive against immigration -- are not far from the likes of Australia’s Tony Abbott or Canada’s Stephen Harper, who had just walked out of the Kyoto Protocol -- 15 years after its implementation began. We also saw the dastardly personification of that extremism when British MP Joe Cox was murdered in broad daylight. Coxit had shown that Brexit could even be Climexit for the UK. Coming at the time when 14 of the last 15 years were the hottest in human history and May 2016 was the hottest month on records, Brexit would be the first and even fatal blow to the Paris agreement. 27 June to 03 July, 2016 The UNAIDS declaration on eradication is a half-done job The high-level meeting on AIDS, convened at the United Nations, New York, started on June 8 and virtually ended in a few hours. The Political Declaration, which was being negotiated for the past couple of months, was unanimously adopted on the first day without any discussion, leaving the large number of civil society participants and community groups in disbelief. The 25-page declaration, which runs into 79 paragraphs, contains commitments addressing all sections of society vulnerable to HIV/ AIDS, women, young people and adolescent girls, migrant populations, and poor and marginalised communities. But nowhere in the last 27 paragraphs, which contain various global targets and commitments, is there any mention of the key affected populations — sex workers and their clients, people who use drugs and the LGBT community. Evidence exists on how countries have not adequately invested in preventing new infections among these groups and how a large proportion among them are still denied access to anti-retroviral treatment (ARV) because of deep-rooted stigma and oppressive legal systems. The reasons for this are not difficult to seek. The UN system operates on the principle of consensus and has to accommodate conflicting policies and cultures to arrive at a commonly acceptable position on issues. It is quite clear that some countries in West Asia, and East and Central Asia are generally opposed to prevention efforts aimed at sex workers, gay men and people who use drugs. These two regions still see sharply increasing rates of new infections among these very populations who are criminalised and stigmatised by national laws, policies and practices. In hammering out a draft resolution acceptable to divergent shades of political opinion, the co-facilitators of the meeting had to accommodate every aspect of AIDS response into it. In the process, the sharp focus that is needed on prioritising prevention, treatment and care for the key affected populations is missing in the Declaration. Even in countries that have been able to report a drastic reduction of new infections, evidence has shown rising rates of new infections among sex workers, people who inject drugs, and the LGBT communities. This is true even in the hyper-epidemic countries of sub-Saharan Africa. Global public opinion has, therefore, been looking for a strong resolution sharply focusing on the main issues and how they should be prioritised for the next five years to achieve the ambitious targets set for 2020. On the positive side, the Declaration has successfully set quantitative targets the world community has pledged to fulfil by 2020 and later by 2030. These relate to committing financial resources for treatment programmes to fulfil the 90-90-90 targets (by the year 2020, 90 per cent of HIVinfected people will get to know about the disease; 90 per cent of them will receive “antiretroviral cure”; 90 per cent of those receiving “antiretroviral cure will have viral suppression”), overseas development assistance to reach the agreed 0.7 per cent of GDP for developed countries, and spending a quarter of the AIDS budgets on prevention. The commitment to put 30 million people on treatment is a commendable objective, which is expected to save the lives of 11 million people in the next 15 years, and stop a further 16.5 million people from getting infected by HIV. The looming crisis of funding AIDS programmes because of a sharp reduction of external as- sistance from sources such as the Global Fund for AIDS TB and Malaria (GFATM) for middle-income countries was also identified as a challenge. Thirty-six countries that were identified as accounting for about 90 per cent of the new infections are mostly from the middle-income group. While bio-medical interventions like treatment can be progressively integrated into general health systems, the threat of closure of prevention programmes for key populations cannot be underestimated. There is understandable anxiety among community members about the stoppage of funding from both external and domestic sources for prevention and treatment programmes targeting them. No firm assurance was forthcoming in the Declaration to clear such apprehensions. India’s health minister, in his plenary address, made a passionate appeal for ending AIDS by 2030, and put forward a fivepoint action plan for achieving this objective. He assured the world body of India’s commitment to apply the TRIPs-related flexibilities for manufacturing affordable ARV generic drugs. Despite a disabling legal system, India’s national programme has managed to extend the benefits of prevention and treatment programmes to key populations in the last 15 years. With no important world event planned for the next five years concerning HIV/AIDS and with ambitious targets set at the meeting, it is hard and determined work that lies ahead for countries to fulfil the commitments they have made at the meeting. Five years is not a long period in the global fight against AIDS but the next five will determine whether ‘Ending AIDS by 2030’ is an achievable goal or will remain a distant dream. Govt building homes that poor don’t want Over 10 years, the central government spent Rs 21,482 crore ($3.2 billion) building houses for the urban poor but 23 per cent of them are vacant, according to a May 2016 answer to the Lok Sabha. The information that 238,448 of 1,032,433 houses built are empty comes at a time when the proportion of Indians living in slums has risen over five years from 17 per cent of the urban population to 19 per cent, according to official data, and 19,000 of 33,000 slums are not acknowledged by the government (2012 data). The vacant houses include 224,000 built under the JNNURM and 14,448 houses under the Rajiv Awas Yojana (RAY) - now discontinued and subsumed into the Pradhan Mantri Awas Yojana launched in June 2015 - the Ministry of Housing and Urban Poverty Alleviation said. “In spite of the continuous efforts by the government, slum dwellers are reluctant to move to the houses built by the government due to lack of proper infrastructure and means of livelihood,” the statement to Parliament said, explaining further that the new houses often lack electricity and water, cheaply available-often through illegal connections-in slums. The new houses are usually not close to workplaces, the ministry acknowledged. “Houses are too far from workplaces, which means additional commuting time and expense,” Kulwant Singh, India advisor, urban basic services, UN-Habitat, wrote in his Hindu Business Line column in January 2016. “In a slum, basic amenities such as electricity and water are often ac- quired at dirt-cheap prices. There is a certain degree of empathy and firmness that these projects lack, which consequently takes away effectiveness.” Maharashtra (54,282) has the highest number of Editor vacant houses, folRajesh Chauhan lowed by Andhra [email protected] Pradesh (24,611), states in which 24 Consultant Editor pc and 35 per cent Hardeep Singh Bedi of the urban [email protected] lation, respectively, lives in slums. Over Advertisment the last 10 years, Miss Radhika Maharashtra got [email protected] the most money to build housing for Layout & Design slum-dwellers (Rs Dheeraj Mishra 3,246 crore), [email protected] lowed by West Bengal (Rs 2,384 crore). Printed, Published and Of 683,724 houses Owned by Rajesh Chauhan, sanctioned under Published at BG-6/305B, PaPMAY, 0.1 per cent, shchim Vihar, Delhi-110063. or 710 houses, have Printed at BB Graphic Printer, been constructed Z-57, Okhla Industrial Area, till now, according Phase II, New Delhi-110020. to the reply to the RNI NO.-DELENG/2013/54397 Lok Sabha. 27 June to 03 July, 2016 BUSINESS SPICEJET OFFERS ROCK-BOTTOM FARES, FLYERS BODY WRITES TO DGCA Hotting up the low-fares war among airlines, SpiceJet on Wednesday rolled out a new scheme offering base costs as low as Rs444 on some destinations on its domestic network with a select booking period and limited number of seats. No sooner did the no-frills carrier announce its Monsoon Bonanza Sale, flyers body Air Passengers Association of India (APAI) wrote to aviation regulator DGCA, seeking to know if it was mulling any action on such “bogus” schemes by airlines. The five-day sale launched on Wednesday will be open till the midnight of June 26, the airline said, adding the travel period under the offer stands between July 1 and September 30. The SpiceJet promo one-way base fare of Rs444 are for select sectors, including Jammu-Srinagar, Ahmedabad-Mumbai, Mumbai-Goa, Delhi-Dehradun and Delhi-Amritsar routes. Fares would vary accord- ing to sector, depending on the travel distance and flight schedules, and timings are subject to regulatory approvals and change(s), it said. Besides SpiceJet, IndiGo, GoAir and Air Asia India had recently come out with similar low-fare offers. Alleging that the airlines were “taking for a ride” the passengers with such schemes, APAI wrote to Directorate General of Civil Aviation to raise concern over the issue. “This has reference to the advertisement released by SpiceJet in todays news papers ... We started getting complaints from as early as 10.20 AM from many of our members stating that no such fare is available even for short distance of less than 500 km,” APAI founder and national president D Sudhakara Reddy said in the strongly-worded letter. According to APAI, its members found that most of these fares offered in the flash sale Panasonic eyes `100 cr revenue from its pc range ‘toughbook’ Japanese tech major Panasonic is betting big on segments like Government and manufacturing to boost revenues from its rugged PC range Toughbook to Rs 100 crore by March 2018. The company, which claims to have a 60 per cent share of the rugged PC market in India, said it expects a major chunk of the business to come from the Government sector. “We have seen a 30 per cent growth, which is faster than the 20 per cent growth seen in the market. We see strong demand in new areas like police, fire service, pharma, oil and gas,” Panasonic Senior GM and National Business Head Gunjan Sachdev told reporters here. Panasonic is poised to keep up the strong pace of growth it has been witnessing in the segment in the past few years and touch Rs 100 crore by March 2018, he added. Sachdev said about 40 per cent of the revenues currently come from the Government sector, while the remaining is from the private players. This, he said, would be reversed in the next few years with the Government accounting for a larger share given the strong demand being created under initiatives like Digital India. Panasonic’s competitors globally in the segment include Dell, HP and Getac, among others. “In India, the rugged PC market is still small, about Rs 110 crore. This is expected to grow to Rs 165-170 crore in the next few years. We also expect to increase our share of the market from 60 to 65 per cent by then,” Sachdev said. are for flights originating from Delhi and for nearby destinations such as Amritsar, Chandigarh, etc. “We then asked our office to try for other destinations. (Here also) even in the first half of the day when the advertisement has appeared, no such fares are available. So what is the logic for such of- fers?,” APAI said. “We strongly believe that these are nothing but gimmicks and the gullible passengers are being taken for a ride (in the name of such low fare schemes,” he said. Reddy, in his letter, also sought to know the “action” the DGCA intended to take over such offers by the airlines. 7 Govt allows airlines to import upto 18-year old planes Domestic airlines can now import aircraft that are up to 18 years old into the country with the government amending more than two-decade rules in this regard. The move is expected to provide a fillip for the government’s ambitious efforts to boost regional air connectivity as it gives more leeway for operators in expanding their fleet. Till now, aircraft that are more than 15 years old were not allowed to be imported. As part of larger efforts to improve the ease of doing business in the domestic aviation sector, which has huge growth potential, the Directorate General of Civil Aviation (DGCA) has made changes to rules that had come into effect way back in July 1993. With the revised norms, pressurised aircraft that are not over 18 years old or those which have not completed 50 per cent of design economic pressurisation cycle can be imported. A pressurised aircraft is one which is equipped to handle cabin pressure at an altitude of above 10,000 feet. Such planes should not have completed “15 years of age or 75 per cent of design economic life or 45,000 pressurisation cycle”. Ban on big diesel cars, suvs not the right way: Javadekar Environment Minister Prakash Javadekar on Wednesday said the ban on diesel cars and SUVs with engines above 2,000cc in Delhi-NCR by courts ‘is not the right way’. Calling it ‘unfortunate’, he said the Government is already taking measures to curb pollution and the ban has resulted in vehicles with latest technologies not being allowed while old polluting vehicles continue plying on the roads. “I am very sure that courts will also appreciate that there has to be a certainty of policy and execution. Policy and execution are the job of the executive, legality of any decision is the job of the judiciary,” Javadekar said here. He further said: “Legislature’s job is to legislate and these are the few organs, which are created by the Constitution, which must work independently. We must sustain each other and we must work independently that is the real need of the hour. When all will move in one direction, we will achieve goals more than what we have planned to achieve.” Commenting on the ban imposed on registration of big diesel cars and SUVs in Delhi-NCR since December last year, the Minister did not refer to the Supreme Court by name but just mentioned courts and the NGT. “I think that this is not the right way, it’s unfortunate ...Court also needs to appreciate that because you are banning the latest vehicles and old vehicles are plying on the roads that are more polluting,” he said. Javadekar was apparently referring to the Supreme Court, which has extended the ban until the next hearing which is expected in July. Air pollution has not increased only in last two years. It has aggravated over the last ten years, he added. “Judiciary now should also appreciate that the Government has taken steps...(like) migration to Euro VI to fight pollution,” the Minister added. He further said: “In the environment ministry we have made emission norms more stringent practically for all industries and that’s the right direction in controlling pollution. So we are taking decisions we are making all efforts.” Javadekar was speaking at the inauguration of a new Rs100-crore plant of Force Motors from where the company will supply engines and axles to Mercedes-Benz India. Tata sons ordered to pay $1.17 bn to Japan’s Ntt docomo Tata Sons has been ordered to pay Japan’s largest mobile phone firm NTT DoCoMo USD 1.17 billion in compensation for breaching an agreement on India joint venture. The London Court of International Arbitration ruled in favour of DoCoMo over price it was entitled for exiting the Indian joint venture, the Japanese firm said in a statement. In November 2009, Docomo had acquired 26.5 per cent stake in Tata Teleservices for about Rs 12,740 crore (at Rs 117 per share). Later, in April 2014, the company decided to exit after the joint venture struggled to grow subscribers quickly. DoCoMo said its 2008 investment was with an understand- ing that it would get at least 50 per cent of its acquisition price if it exits the Indian company in five years. Accordingly, it sought Rs 58 per share or Rs 7,200 crore from Tatas to buy out Japanese telecom major’s 26.5 per cent stake in the loss-making Tata Teleservices for Rs 23.34 a share. The Japanese firm had filed for arbitration on January 5, 2015. The company said “it received on June 23, 2016, from the London Court of International Arbitration a binding arbitration award under the arbitration proceeding regarding its stake in Tata Teleservices (TTSL), a telecommunication service provider in India.” “The award orders that Tata Sons pay damages to DoCoMo in the amount of approxi- mately USD 1.172 billion for Tata Sons’ breach of the shareholders agreement, upon DoCoMo’s tender of its entire stake in TTSL to Tata Sons or its designee,” it said in a statement. According to the arbitration award, Tata Sons will receive or designate a recipient for DoCoMo’s entire stake in TTSL. DoCoMo said it is uncertain whether Tata Sons will pay the awarded damages. “As of the date of this press release, some matters remain uncertain, including whether Tata Sons will pay the awarded damages and when the delivery of TTSL’s shares will be made. Accordingly, DoCoMo is not able to predict how events will unfold,” it added. Tatas offer to DoCoMo was in line with … 8 EVENTS 27 June to 03 July, 2016 India’s Talent Dhamaal 2016 Gulshan’s Rich Looks Makeup Studio in association with GT production House, organised the biggest talent show on Indian TV screen which is “India’s Talent Dhamaal”, audition which started in Meerut, Rohini (Delhi), Shimla and Gaziabad is looking for singer, dancer, actor makeup artist. Shows main judges will be dance master Saroj Khan, Former Mrs. World Aditi Gowitrikar, Bollywood Singer Shankar Sahney. India’s Talent Dhamaal provides a perfect platform to promote talented people to showcase their unique talent. Peoples will be invited from different places in India. As it has been mentioned they will be screened by the Panel of judges. Aspirant actors can participate in the talent hunt through a ground event that has already kicked off in a two day event in Meerut. The second audition was conducted in Rohini (Delhi) at D-Planet, C-5/77, Sector-11, Rohini. The judges in the Rohini audtion were Sunny Chauhan, VK Sharma, Suresh Yadav, Shakeel Khan, Gulshan Idrsh, Seetu and Singer selector Gabru Irani, and the third audition was conducted in Gwalior, organised by Vashu Sharma event management company. Success audition in Morena by Street Rockers event company, it was an awesome talent hunt show. The third audition conducted in Gaziabad at B-block, H.no. 432 Gagan Vihar-25, Futa road, Street no. 10, Bhojpura, Gaziabad, and the fourth audition in Shimla at A-La-Carte- Scandel Point, The Mall, Shimla. The anchor of the Shimla event was Alisha Khan, Cordinators- Raman Nagpal and Ridhi Chauhan. The audition was organised by Anokhe event, the main judge of the Shimla audition Neena Arvind is also the GM of Satyapal Fashion House in Gurgaon. The upcoming audition is going to take place in Delhi (Rohini), at Bug Gam- ing Lounge, 9th floor, Kings Mall, Nera Rohini West Metro Station . First round of Mr and Miss Delhi 2016 ended on a high note The much awaited first round of Miss and Mrs Delhi 2016 audition has come to an end in a high note under the Banner of Shree Entertainment ,dalji films and dream planner the talented people participated in the competition with zeal. The organaiser Sonu Pathak told that The Director of this much awaited competition is Anshul Malik and Neil Nitin Mishra the cinematography was Done by senior cinematographer Adesh Sharma (BALAJI FILMS) the programe was managed by preeti Thakur and Sanjay Sharma. The event was co-ordinated by Abhishek ,Pooja Pathak,shejaz Khan,Neeru sehgal.