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,
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[email protected]
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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.