0815 HRS
6th September, 2013
THE HEADLINES:
Prime Minister asks G- 20 leaders to show collective commitment for the revival of growth. Cautions unconventional Monetary expansion policies of major economies may harm developing countries.
Parliament passes the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2012.
RBI asks banks to strictly adhere to mandatory KYC information and to not invade customer's privacy.
Noted Indian author Sushmita Banerjee killed by unknown gunmen in eastern Paktika province of Afghanistan.
Leander Paes and his Czech partner cruise into the Men's doubles final.
<><><>
India has asked G- 20 leaders to send a clear signal of collective commitment to work together for the revival of growth, which is the only way of ensuring a sustainable growth in quality jobs. Pointing out that a stable external environment is necessary for restoring growth, it has asked for focusing especially on the need to restore robust growth in the emerging market countries, which will also contribute to global recovery. Addressing the inaugural session of G-20 Summit in St. Petersburg, Russia the Prime Minister Dr Manmohan Singh called for cautious approach by the major economies while framing unconventional monetary expansion policy to avoid the spill over effects that harm developing countries. He also advocated strengthening the Mutual Assessment Process to prevent such a situation. Prime Minister said sudden increases in cross border flows not only affect the exchange rate but also affect credit volumes and asset prices.
<><><>
A consensus has been achieved between BRICS countries Brazil, Russia, India, China and South Africa on many key aspects and the operational details on establishment of Contingent Reserve Arrangement,CRA. The consensus emerged following an informal meeting between the heads of states in St.Petersburg in Russia ahead of the G-20 summit that began last evening. The External Affairs Ministry official told media persons that as agreed in Durban, the CRA will have an initial size of 100 billion dollars. The individual commitments to the CRA will be that of 41 billion dollars from China while Brazil, India, and Russia will contribute 18 billion dollars each; and South Africa, 5 billion dollars.
<><><>
UN Secretary General Ban Ki-moon has reiterated that the ongoing conflict in Syria must be settled diplomatically and weapons must not be supplied to any conflict side. He said this while addressing the G-20 dinner hosted by Russian president Vladimir Putin in St.Petersburg late last night. The issue of the Syrian conflict was not on the agenda of the G20 summit and the UN Secretary General thanked Russian President Vladimir Putin for letting him to bring up this problem at the dinner.
UN Secretary General Ban Ki Moon has tried to minimize the show down between Russia, US and France over military actions against Syria for alleged use of chemical weapons. High placed sources in the diplomatic circle said that though Russia has categorically opposed any action against Syria in absence of UN Report on the issue, being the host of the G 20 summit event Russia is trying to avoid any direct confrontation between the major partner countries over the issue. China is also towing the line taken by Russia while India has categorically stated that a political dialogue is the best solution before any military action against Syria is taken. On the use of chemical weapon, India has considered view that it should be universally banned across the globe. With Pushpinder Kaur, this is Manikant Thakur, from St.Petersburg, Russia for Air News.
<><><>
The Parliament passed the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2012 yesterday with the Lok Sabha approving the four new official amendments. The Rajya Sabha had passed it on Wednesday. The bill, which will replace over a century-old law, seeks to provide fair and just compensation to farmers and to those who lose livelihood on account of acquisition. It proposes compensation upto four times the market value in rural areas, and two times the market value in urban areas.
<><><>
A Constitutional Amendment Bill paving the way for the creation of a Judicial Appointments Commission (JAC) to replace the present collegium system to appoint judges to higher courts was passed in the Rajya Sabha yesterday amid walkout by the BJP. It was passed by 131 votes in favour and one against. However, the main bill - the Judicial Appointments Commission Bill, 2013, which defines the establishment of the proposed body was referred to the Standing Committee.
Also, the government decided to refer the Right to Information (Amendment) Bill 2013 to the Standing Committee of Parliament. Minister of State for Personnel and Public Grievances V Narayanasamy said this in the Lok Sabha yesterday.
<><><>
Parliament has also approved amendments to the Securities and Exchange Board of India Act that will widen the pool of eligible candidates for the post of Presiding officer at the Securities Appellate Tribunal. The Rajya Sabha yesterday passed the Securities and Exchange Board of India (Amendment) Bill, 2013 which was earlier approved by the Lok Sabha. The new Bill would replace the ordinance promulgated by the President in this regard. Securities Appellate Tribunal adjudicates upon appeals against the decisions of capital market regulator SEBI.
<><><>
The Monsoon Session of Parliament has been extended by one day and now it will end tomorrow. Both the Houses will have sittings on Saturday, the 7th September, 2013 to transact important legislative business. This decision was taken by the Cabinet Committee on Parliamentary Affairs yesterday. The session, which was earlier extended for five days was scheduled to end today.
<><><>
The RBI has asked banks to strictly adhere to the Know Your Customer, KYC procedure and refrain from seeking information that is intrusive and irrelevant to the perceived risk. In a notification in Mumbai yesterday, the RBI said it has received several complaints where personal information like number of dependents, details of family members or relatives settled abroad, assets and liabilities, investments and other similar details are being sought, thereby invading into the customer’s privacy. The RBI said only mandatory information required for KYC purpose which the customer is obliged to give should be obtained at the time of opening the account and during periodic updation.
<><><>
The CBI has said it will examine contents of the resignation letter of jailed IPS officer DG Vanzara in connection with its probe in Ishrat Jahan fake encounter case. The CBI Director Ranjit Sinha told reporters in New Delhi yesterday that the probe agency will see whether any fresh leads can be pursued from Vanzara's resignation letter. He said, the probe in the fake encounter case is already in the final phase and another charge sheet will be filed soon.
Vanzara had on Monday tendered his resignation letter and accused the Modi-led BJP government in Gujarat of failing to protect its officers. However, his resignation was not accepted by the State government.
<><><>
The tripartite talks between the Centre, Assam government and the agitating organizations from Assam demanding separate states concluded in New Delhi yesterday. Assam Home Secretary Mukti Gogoi said that discussion on separate Bodoland demand was held separately with Bodo National Conference and Bodoland Peoples Front. Mr Gogoi said, the four-day long tripartite talks were held in a positive atmosphere with an aim to meet again in mid-October for the next round of talks.
On the first day, the Joint Action Committee for Autonomous state raised the single demand of declaring an autonomous state merging Karbi Anglong and Dima Hasao district. The Koch Rajbonshi organizations apart from demanding a separate Kamtapur state also raised issues of giving Schedule Tribe status to them. On the other hand, organizations from Bodoland Territorial Area Districts including All Bodo Students Union revived their 4 decades old demand of separate Bodoland state. The Centre asked all organizations to submit their blue print of proposed states in a time frame manner.Manas Pratim Sharma, AIR News Guwahati
<><><>
IN SOME INTERNATIONAL NEWS
An Indian woman writer Sushmita Banerjee has been killed by unidentified gunmen outside her home in eastern Paktika province of Afghanistan. Provincial officials said, the attackers shot her dead outside the house. The militants dumped her dead body outside a madarasa on Wednesday night. 49-year old Sushmita was married to an Afghan businessman. Her book entitled Kabuliwaler Bangali Bou, became a bestseller in 1995. It is based on her experiences in Afghanistan and her escape from the Taliban captivity in the 1980s. The book was also a theme for a Bollywood film Escape from Taliban in 2003. Intellectuals in Kolkata have condemned the killing and described it as barbaric and uncivilised. They said, militants cannot suppress the voice of the oppressed women in Afghanistan by killing Sushmita.
<><><>
Maldivian Election Commission has completed its preparations for conducting the second multi-party elections in the country. Election office has won the praise of international observers for being meticulous in its arrangements. It has overseen that the campaigning has been peaceful and has released the corrected electoral rolls to the satisfaction of the political parties. But the real test will come tomorrow when it will grapple with distances and political sensitivities to ensure a free and fair election that is crucial for the future of the country.
Although Maldives has only about 2 lakh 40 thousand voters, the process of conducting elections are not easy. The 470 polling stations are spread over 200 inhabited islands - and some islands will see more poll officials than voters. Polling will be held in capitals of a number of countries where Maldivians nationals are living and also on 41 resort islands. Transparency International, European Union and Commonwealth observers, a delegation of former Indian Election Commissioners and UN officials - all of whom are in Maldives for overseeing the elections - have expressed satisfaction their over the arrangements made so far. Abhishek Dayal, Air News, Colombo
<><><>
India's Leander Paes with his Czech partner Radek Stepanek have cruised into the Men's Doubles final of the US Open in New York last night. The fourth seeded Indo-Czech pair defeated top seeded American twins Mike and Bob Bryan 3-6, 6-3, 6-4. Indo-Chinese pair of Sania Mirza and Jie Zheng crashed out of the Women's Doubles. The eighth seeded Aussie team of Ashleigh Barty and Casey Dellacqua defeated the tenth seeded duo 6-2, 6-2. Rafael Nadal and Victoria Azarenka have entered the semi-finals in men's and women's singles categories.
<><><>
NEWSPAPER HEADLINES
The Rajya Sabha passing the bill on judicial postings is front page news in many newspapers.
"Reprieve for RTI as bill to insulate parties is deferred" is the Hindu headline, about the bill, that seeks to keep political parties out of the act. "Why won't parties share funding info?" asks the Times of India.
India joining hands with four other developing economies is headlined by the Hindustan Times as "BRICS erects 100 billion wall to stem currency slide".
The rupee up and markets surging again is reported by the Tribune as "Rupee jumps, Sensex zooms".
"As Gods desert, will Raghu be markets Ram?" asks the Economic Times, of the new RBI governor. The same paper, after a CEO confidence survey writes "Take heart, India. CEO's say economy is on the mend".
The Business Line of the Hindu, quoting Chidambaram writes "States growing at 5 percent will give economy a bounce.
Indian author Sushmita Banerjee who wrote on her escape from the Taliban shot dead in Afghanistan is covered widely by the press. "Grisly end to a brave tale - dragged out of home and shot dead" is the Times of India headline.
Narendra Modi playing down his ambition to be the next Prime Minister finds place on the front pages of the Indian Express and Times of India.
The Olympic ban to continue on the Indian Olympic Association is prominently covered by the Hindu and the Times of India. "Olympic ban to stay as LOC firm on ethics" says the Asian Age.
Are you addicted to video games in which there are swerving cars et al? The good news is that according to a study, this boosts brain performance, and in fact is recommended by doctors for older people, writes the Times of India.
6th September, 2013
THE HEADLINES:
Prime Minister asks G- 20 leaders to show collective commitment for the revival of growth. Cautions unconventional Monetary expansion policies of major economies may harm developing countries.
Parliament passes the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2012.
RBI asks banks to strictly adhere to mandatory KYC information and to not invade customer's privacy.
Noted Indian author Sushmita Banerjee killed by unknown gunmen in eastern Paktika province of Afghanistan.
Leander Paes and his Czech partner cruise into the Men's doubles final.
<><><>
India has asked G- 20 leaders to send a clear signal of collective commitment to work together for the revival of growth, which is the only way of ensuring a sustainable growth in quality jobs. Pointing out that a stable external environment is necessary for restoring growth, it has asked for focusing especially on the need to restore robust growth in the emerging market countries, which will also contribute to global recovery. Addressing the inaugural session of G-20 Summit in St. Petersburg, Russia the Prime Minister Dr Manmohan Singh called for cautious approach by the major economies while framing unconventional monetary expansion policy to avoid the spill over effects that harm developing countries. He also advocated strengthening the Mutual Assessment Process to prevent such a situation. Prime Minister said sudden increases in cross border flows not only affect the exchange rate but also affect credit volumes and asset prices.
<><><>
A consensus has been achieved between BRICS countries Brazil, Russia, India, China and South Africa on many key aspects and the operational details on establishment of Contingent Reserve Arrangement,CRA. The consensus emerged following an informal meeting between the heads of states in St.Petersburg in Russia ahead of the G-20 summit that began last evening. The External Affairs Ministry official told media persons that as agreed in Durban, the CRA will have an initial size of 100 billion dollars. The individual commitments to the CRA will be that of 41 billion dollars from China while Brazil, India, and Russia will contribute 18 billion dollars each; and South Africa, 5 billion dollars.
<><><>
UN Secretary General Ban Ki-moon has reiterated that the ongoing conflict in Syria must be settled diplomatically and weapons must not be supplied to any conflict side. He said this while addressing the G-20 dinner hosted by Russian president Vladimir Putin in St.Petersburg late last night. The issue of the Syrian conflict was not on the agenda of the G20 summit and the UN Secretary General thanked Russian President Vladimir Putin for letting him to bring up this problem at the dinner.
UN Secretary General Ban Ki Moon has tried to minimize the show down between Russia, US and France over military actions against Syria for alleged use of chemical weapons. High placed sources in the diplomatic circle said that though Russia has categorically opposed any action against Syria in absence of UN Report on the issue, being the host of the G 20 summit event Russia is trying to avoid any direct confrontation between the major partner countries over the issue. China is also towing the line taken by Russia while India has categorically stated that a political dialogue is the best solution before any military action against Syria is taken. On the use of chemical weapon, India has considered view that it should be universally banned across the globe. With Pushpinder Kaur, this is Manikant Thakur, from St.Petersburg, Russia for Air News.
<><><>
The Parliament passed the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2012 yesterday with the Lok Sabha approving the four new official amendments. The Rajya Sabha had passed it on Wednesday. The bill, which will replace over a century-old law, seeks to provide fair and just compensation to farmers and to those who lose livelihood on account of acquisition. It proposes compensation upto four times the market value in rural areas, and two times the market value in urban areas.
<><><>
A Constitutional Amendment Bill paving the way for the creation of a Judicial Appointments Commission (JAC) to replace the present collegium system to appoint judges to higher courts was passed in the Rajya Sabha yesterday amid walkout by the BJP. It was passed by 131 votes in favour and one against. However, the main bill - the Judicial Appointments Commission Bill, 2013, which defines the establishment of the proposed body was referred to the Standing Committee.
Also, the government decided to refer the Right to Information (Amendment) Bill 2013 to the Standing Committee of Parliament. Minister of State for Personnel and Public Grievances V Narayanasamy said this in the Lok Sabha yesterday.
<><><>
Parliament has also approved amendments to the Securities and Exchange Board of India Act that will widen the pool of eligible candidates for the post of Presiding officer at the Securities Appellate Tribunal. The Rajya Sabha yesterday passed the Securities and Exchange Board of India (Amendment) Bill, 2013 which was earlier approved by the Lok Sabha. The new Bill would replace the ordinance promulgated by the President in this regard. Securities Appellate Tribunal adjudicates upon appeals against the decisions of capital market regulator SEBI.
<><><>
The Monsoon Session of Parliament has been extended by one day and now it will end tomorrow. Both the Houses will have sittings on Saturday, the 7th September, 2013 to transact important legislative business. This decision was taken by the Cabinet Committee on Parliamentary Affairs yesterday. The session, which was earlier extended for five days was scheduled to end today.
<><><>
The RBI has asked banks to strictly adhere to the Know Your Customer, KYC procedure and refrain from seeking information that is intrusive and irrelevant to the perceived risk. In a notification in Mumbai yesterday, the RBI said it has received several complaints where personal information like number of dependents, details of family members or relatives settled abroad, assets and liabilities, investments and other similar details are being sought, thereby invading into the customer’s privacy. The RBI said only mandatory information required for KYC purpose which the customer is obliged to give should be obtained at the time of opening the account and during periodic updation.
<><><>
The CBI has said it will examine contents of the resignation letter of jailed IPS officer DG Vanzara in connection with its probe in Ishrat Jahan fake encounter case. The CBI Director Ranjit Sinha told reporters in New Delhi yesterday that the probe agency will see whether any fresh leads can be pursued from Vanzara's resignation letter. He said, the probe in the fake encounter case is already in the final phase and another charge sheet will be filed soon.
Vanzara had on Monday tendered his resignation letter and accused the Modi-led BJP government in Gujarat of failing to protect its officers. However, his resignation was not accepted by the State government.
<><><>
The tripartite talks between the Centre, Assam government and the agitating organizations from Assam demanding separate states concluded in New Delhi yesterday. Assam Home Secretary Mukti Gogoi said that discussion on separate Bodoland demand was held separately with Bodo National Conference and Bodoland Peoples Front. Mr Gogoi said, the four-day long tripartite talks were held in a positive atmosphere with an aim to meet again in mid-October for the next round of talks.
On the first day, the Joint Action Committee for Autonomous state raised the single demand of declaring an autonomous state merging Karbi Anglong and Dima Hasao district. The Koch Rajbonshi organizations apart from demanding a separate Kamtapur state also raised issues of giving Schedule Tribe status to them. On the other hand, organizations from Bodoland Territorial Area Districts including All Bodo Students Union revived their 4 decades old demand of separate Bodoland state. The Centre asked all organizations to submit their blue print of proposed states in a time frame manner.Manas Pratim Sharma, AIR News Guwahati
<><><>
IN SOME INTERNATIONAL NEWS
An Indian woman writer Sushmita Banerjee has been killed by unidentified gunmen outside her home in eastern Paktika province of Afghanistan. Provincial officials said, the attackers shot her dead outside the house. The militants dumped her dead body outside a madarasa on Wednesday night. 49-year old Sushmita was married to an Afghan businessman. Her book entitled Kabuliwaler Bangali Bou, became a bestseller in 1995. It is based on her experiences in Afghanistan and her escape from the Taliban captivity in the 1980s. The book was also a theme for a Bollywood film Escape from Taliban in 2003. Intellectuals in Kolkata have condemned the killing and described it as barbaric and uncivilised. They said, militants cannot suppress the voice of the oppressed women in Afghanistan by killing Sushmita.
<><><>
Maldivian Election Commission has completed its preparations for conducting the second multi-party elections in the country. Election office has won the praise of international observers for being meticulous in its arrangements. It has overseen that the campaigning has been peaceful and has released the corrected electoral rolls to the satisfaction of the political parties. But the real test will come tomorrow when it will grapple with distances and political sensitivities to ensure a free and fair election that is crucial for the future of the country.
Although Maldives has only about 2 lakh 40 thousand voters, the process of conducting elections are not easy. The 470 polling stations are spread over 200 inhabited islands - and some islands will see more poll officials than voters. Polling will be held in capitals of a number of countries where Maldivians nationals are living and also on 41 resort islands. Transparency International, European Union and Commonwealth observers, a delegation of former Indian Election Commissioners and UN officials - all of whom are in Maldives for overseeing the elections - have expressed satisfaction their over the arrangements made so far. Abhishek Dayal, Air News, Colombo
<><><>
India's Leander Paes with his Czech partner Radek Stepanek have cruised into the Men's Doubles final of the US Open in New York last night. The fourth seeded Indo-Czech pair defeated top seeded American twins Mike and Bob Bryan 3-6, 6-3, 6-4. Indo-Chinese pair of Sania Mirza and Jie Zheng crashed out of the Women's Doubles. The eighth seeded Aussie team of Ashleigh Barty and Casey Dellacqua defeated the tenth seeded duo 6-2, 6-2. Rafael Nadal and Victoria Azarenka have entered the semi-finals in men's and women's singles categories.
<><><>
NEWSPAPER HEADLINES
The Rajya Sabha passing the bill on judicial postings is front page news in many newspapers.
"Reprieve for RTI as bill to insulate parties is deferred" is the Hindu headline, about the bill, that seeks to keep political parties out of the act. "Why won't parties share funding info?" asks the Times of India.
India joining hands with four other developing economies is headlined by the Hindustan Times as "BRICS erects 100 billion wall to stem currency slide".
The rupee up and markets surging again is reported by the Tribune as "Rupee jumps, Sensex zooms".
"As Gods desert, will Raghu be markets Ram?" asks the Economic Times, of the new RBI governor. The same paper, after a CEO confidence survey writes "Take heart, India. CEO's say economy is on the mend".
The Business Line of the Hindu, quoting Chidambaram writes "States growing at 5 percent will give economy a bounce.
Indian author Sushmita Banerjee who wrote on her escape from the Taliban shot dead in Afghanistan is covered widely by the press. "Grisly end to a brave tale - dragged out of home and shot dead" is the Times of India headline.
Narendra Modi playing down his ambition to be the next Prime Minister finds place on the front pages of the Indian Express and Times of India.
The Olympic ban to continue on the Indian Olympic Association is prominently covered by the Hindu and the Times of India. "Olympic ban to stay as LOC firm on ethics" says the Asian Age.
Are you addicted to video games in which there are swerving cars et al? The good news is that according to a study, this boosts brain performance, and in fact is recommended by doctors for older people, writes the Times of India.
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