1. ISRO creates history with Mars Mission
India on Wednesday became the first country to successfully put a spacecraft around Mars in its first attempt. The ambitious Rs. 460 crore Mars Orbiter Mission (MOM), launched on November 5 last year, had a perfect Mars Orbit Insertion (MOI) to get captured into the Mars orbit.
The Liquid Apogee Motor (LAM) and the eight small thrusters on board India's orbiter to Mars ignited on time at 7.17 a.m. The spacecraft's velocity was slowed down 1.09 metres per second against the targeted 1.1 metres per second. At the end of the burn-time of 24 minutes, the spacecraft was inserted into the Martian orbit.
"The periapsis achieved was 427 km and the apoapsis was 78,500 km. The final values will be obtained after several hours," said Mission Director, MOM, V. Kesava Raju.
Prime Minister Narendra Modi, who arrived in Bangalore on Tuesday night for another engagement, spent nearly two hours watching India's moment of glory.
"India has successfully reached Mars. History has been created today. We have reached the unknown and achieved the impossible," Mr.Modi said.
2. Supreme Court quashes allocation of 214 coal blocks
The Supreme Court on Wednesday cancelled all but four of the 218 coal block allocations it had declared illegal and arbitrary in its August 25, 2014 verdict.
Acting on the Central government's assurance that it is “fully prepared” to face the cancellation of the coal block allocations and will not have any difficulty to take the coal industry forward, a three-judge bench led by Chief Justice of India R.M. Lodha passed the order, opting that the "natural consequence" of its August 25 judgment declaring the allocations would be to cancel them.
On the Centre's request to save 40 functional coal blocks and six ready-to-function ones, the court said 42 of them would continue to function for the next 6 months, till March 31, 2015, to give the government "breathing space to manage the emerging situation".
These 42 blocks would have to pay an additional levy of Rs. 295 per metric tonne of coal extracted to make up for the loss highlighted in the CAG report in the coal scam.
The four functional coal blocks exempted from cancellation are two ultra mega power projects, one operated by NTPC and another by SAIL.
3. Visvesvaraya award for Kalyani
Baba N Kalyani, the Chairman & Managing Director of Bharat Forge has been conferred with the “Bharatratna Sir M Visvesvaraya Memorial Award-2014” by the Federation of Karnataka Chambers of Commerce & Industry. Instituted in 1999 to commemorate the birth anniversary of Sir M Visvesvaraya, NR Narayana Murthy, Azim H Premji and Devi Shetty are past recipients of this award.
4. Army of jobseekers now 11cr-strong
Over 113 million persons were "seeking or available for work", that is, they were unemployed, according to Census 2011 data released today. This huge number made up around 15% of the working age population of about 748 million persons in the 15 to 60 years age group. These unemployed persons were distributed over nearly 70 million families or households. That's about 28% of all households in the country.
5. Banks must plan talent, leadership needs well in advance: RBI panel
In a bid to focus on quality and efficiency in banks, an RBI panel on Tuesday recommended that banks plan for their talent and leadership requirements at least five years ahead, and stressed that placement of employees needs to be based on well-laid out parameters rather than being ad-hoc or discretionary.
“Talent and leadership requirements need to be planned strategically over the long term, say over five years and above,” Reserve Bank of India said in a report released by a committee on Capacity Building in Banks and Non-Banks.
The ambit of the report is essentially human resource (HR) intervention that would be required for improving the efficacy and efficiency of personnel employed at various levels by banks, and non-banking financial companies regulated by the Reserve Bank.
6. Govt to infuse Rs. 650 cr more in Exim Bank this year
The Export and Import Bank of India has received Rs. 650-crore capital and is due to receive another Rs. 650 crore this year, as part of capital infusion from the Government of India.
“Last year, we got Rs. 700 crore from the government…this year (it) will give us Rs. 1,300 crore. Of that, we have already received Rs. 650 crore about ten days ago. Rest we will receive in the second half of this fiscal,” said Yaduvendra Mathur, Chairman and Managing Director, Exim Bank. He was speaking to the media at an event in Mumbai.
7.White House to ‘respectfully accommodate’ Modi’s navaratri fast
In view of Prime Minister Narendra Modi observing navaratri fast during his U.S. visit, the White House on Tuesday said this is unlikely to be an issue as they respectfully accommodate the practices of visitors.
“We are aware of the Prime Minister’s plans to fast during his visit to Washington. As with all guests hosted by U.S. Presidents over the years, we always work to respectfully accommodate the practices of our visitors,” said Caitlin Hayden, spokesperson of the National Security Council.
8. Rower Dushyant gets bronze, shooters flop
Rower Dushyant Chauhan was the lone bright spot after the shooters
drew a blank as India managed just one bronze medal to slip to the 14th position in overall standings on the fifth day of competitions in the 17th Asian Games in Incheon on Wednesday.
Dushyant was the only athlete to manage a podium finish as he grabbed a bronze in the men’s lightweight single sculls event on what turned out to be a mixed day for the Indian contingent.
The strong shooting squad, which had accounted for the bulk of medal collection so far, drew a blank on Wednesday which led to India dropping one place in the medal table.
With the addition of just one bronze, India took their tally to 12 (1 gold, 1 silver, 10 bronze). Powerhouse China continued to lead the pack with 99 medals (50-25-24) followed by hosts South Korea with 70 medals (24-23-23) and Japan (64 = 18-23-23).
India on Wednesday became the first country to successfully put a spacecraft around Mars in its first attempt. The ambitious Rs. 460 crore Mars Orbiter Mission (MOM), launched on November 5 last year, had a perfect Mars Orbit Insertion (MOI) to get captured into the Mars orbit.
The Liquid Apogee Motor (LAM) and the eight small thrusters on board India's orbiter to Mars ignited on time at 7.17 a.m. The spacecraft's velocity was slowed down 1.09 metres per second against the targeted 1.1 metres per second. At the end of the burn-time of 24 minutes, the spacecraft was inserted into the Martian orbit.
"The periapsis achieved was 427 km and the apoapsis was 78,500 km. The final values will be obtained after several hours," said Mission Director, MOM, V. Kesava Raju.
Prime Minister Narendra Modi, who arrived in Bangalore on Tuesday night for another engagement, spent nearly two hours watching India's moment of glory.
"India has successfully reached Mars. History has been created today. We have reached the unknown and achieved the impossible," Mr.Modi said.
2. Supreme Court quashes allocation of 214 coal blocks
The Supreme Court on Wednesday cancelled all but four of the 218 coal block allocations it had declared illegal and arbitrary in its August 25, 2014 verdict.
Acting on the Central government's assurance that it is “fully prepared” to face the cancellation of the coal block allocations and will not have any difficulty to take the coal industry forward, a three-judge bench led by Chief Justice of India R.M. Lodha passed the order, opting that the "natural consequence" of its August 25 judgment declaring the allocations would be to cancel them.
On the Centre's request to save 40 functional coal blocks and six ready-to-function ones, the court said 42 of them would continue to function for the next 6 months, till March 31, 2015, to give the government "breathing space to manage the emerging situation".
These 42 blocks would have to pay an additional levy of Rs. 295 per metric tonne of coal extracted to make up for the loss highlighted in the CAG report in the coal scam.
The four functional coal blocks exempted from cancellation are two ultra mega power projects, one operated by NTPC and another by SAIL.
3. Visvesvaraya award for Kalyani
Baba N Kalyani, the Chairman & Managing Director of Bharat Forge has been conferred with the “Bharatratna Sir M Visvesvaraya Memorial Award-2014” by the Federation of Karnataka Chambers of Commerce & Industry. Instituted in 1999 to commemorate the birth anniversary of Sir M Visvesvaraya, NR Narayana Murthy, Azim H Premji and Devi Shetty are past recipients of this award.
4. Army of jobseekers now 11cr-strong
Over 113 million persons were "seeking or available for work", that is, they were unemployed, according to Census 2011 data released today. This huge number made up around 15% of the working age population of about 748 million persons in the 15 to 60 years age group. These unemployed persons were distributed over nearly 70 million families or households. That's about 28% of all households in the country.
5. Banks must plan talent, leadership needs well in advance: RBI panel
In a bid to focus on quality and efficiency in banks, an RBI panel on Tuesday recommended that banks plan for their talent and leadership requirements at least five years ahead, and stressed that placement of employees needs to be based on well-laid out parameters rather than being ad-hoc or discretionary.
“Talent and leadership requirements need to be planned strategically over the long term, say over five years and above,” Reserve Bank of India said in a report released by a committee on Capacity Building in Banks and Non-Banks.
The ambit of the report is essentially human resource (HR) intervention that would be required for improving the efficacy and efficiency of personnel employed at various levels by banks, and non-banking financial companies regulated by the Reserve Bank.
6. Govt to infuse Rs. 650 cr more in Exim Bank this year
The Export and Import Bank of India has received Rs. 650-crore capital and is due to receive another Rs. 650 crore this year, as part of capital infusion from the Government of India.
“Last year, we got Rs. 700 crore from the government…this year (it) will give us Rs. 1,300 crore. Of that, we have already received Rs. 650 crore about ten days ago. Rest we will receive in the second half of this fiscal,” said Yaduvendra Mathur, Chairman and Managing Director, Exim Bank. He was speaking to the media at an event in Mumbai.
7.White House to ‘respectfully accommodate’ Modi’s navaratri fast
In view of Prime Minister Narendra Modi observing navaratri fast during his U.S. visit, the White House on Tuesday said this is unlikely to be an issue as they respectfully accommodate the practices of visitors.
“We are aware of the Prime Minister’s plans to fast during his visit to Washington. As with all guests hosted by U.S. Presidents over the years, we always work to respectfully accommodate the practices of our visitors,” said Caitlin Hayden, spokesperson of the National Security Council.
8. Rower Dushyant gets bronze, shooters flopRower Dushyant Chauhan was the lone bright spot after the shooters
drew a blank as India managed just one bronze medal to slip to the 14th position in overall standings on the fifth day of competitions in the 17th Asian Games in Incheon on Wednesday.
Dushyant was the only athlete to manage a podium finish as he grabbed a bronze in the men’s lightweight single sculls event on what turned out to be a mixed day for the Indian contingent.
The strong shooting squad, which had accounted for the bulk of medal collection so far, drew a blank on Wednesday which led to India dropping one place in the medal table.
With the addition of just one bronze, India took their tally to 12 (1 gold, 1 silver, 10 bronze). Powerhouse China continued to lead the pack with 99 medals (50-25-24) followed by hosts South Korea with 70 medals (24-23-23) and Japan (64 = 18-23-23).
1. ISRO creates history with Mars Mission
India on Wednesday became the first country to successfully put a spacecraft around Mars in its first attempt. The ambitious Rs. 460 crore Mars Orbiter Mission (MOM), launched on November 5 last year, had a perfect Mars Orbit Insertion (MOI) to get captured into the Mars orbit.
The Liquid Apogee Motor (LAM) and the eight small thrusters on board India's orbiter to Mars ignited on time at 7.17 a.m. The spacecraft's velocity was slowed down 1.09 metres per second against the targeted 1.1 metres per second. At the end of the burn-time of 24 minutes, the spacecraft was inserted into the Martian orbit.
"The periapsis achieved was 427 km and the apoapsis was 78,500 km. The final values will be obtained after several hours," said Mission Director, MOM, V. Kesava Raju.
Prime Minister Narendra Modi, who arrived in Bangalore on Tuesday night for another engagement, spent nearly two hours watching India's moment of glory.
"India has successfully reached Mars. History has been created today. We have reached the unknown and achieved the impossible," Mr.Modi said.
2. Supreme Court quashes allocation of 214 coal blocks
The Supreme Court on Wednesday cancelled all but four of the 218 coal block allocations it had declared illegal and arbitrary in its August 25, 2014 verdict.
Acting on the Central government's assurance that it is “fully prepared” to face the cancellation of the coal block allocations and will not have any difficulty to take the coal industry forward, a three-judge bench led by Chief Justice of India R.M. Lodha passed the order, opting that the "natural consequence" of its August 25 judgment declaring the allocations would be to cancel them.
On the Centre's request to save 40 functional coal blocks and six ready-to-function ones, the court said 42 of them would continue to function for the next 6 months, till March 31, 2015, to give the government "breathing space to manage the emerging situation".
These 42 blocks would have to pay an additional levy of Rs. 295 per metric tonne of coal extracted to make up for the loss highlighted in the CAG report in the coal scam.
The four functional coal blocks exempted from cancellation are two ultra mega power projects, one operated by NTPC and another by SAIL.
3. Visvesvaraya award for Kalyani
Baba N Kalyani, the Chairman & Managing Director of Bharat Forge has been conferred with the “Bharatratna Sir M Visvesvaraya Memorial Award-2014” by the Federation of Karnataka Chambers of Commerce & Industry. Instituted in 1999 to commemorate the birth anniversary of Sir M Visvesvaraya, NR Narayana Murthy, Azim H Premji and Devi Shetty are past recipients of this award.
4. Army of jobseekers now 11cr-strong
Over 113 million persons were "seeking or available for work", that is, they were unemployed, according to Census 2011 data released today. This huge number made up around 15% of the working age population of about 748 million persons in the 15 to 60 years age group. These unemployed persons were distributed over nearly 70 million families or households. That's about 28% of all households in the country.
5. Banks must plan talent, leadership needs well in advance: RBI panel
In a bid to focus on quality and efficiency in banks, an RBI panel on Tuesday recommended that banks plan for their talent and leadership requirements at least five years ahead, and stressed that placement of employees needs to be based on well-laid out parameters rather than being ad-hoc or discretionary.
“Talent and leadership requirements need to be planned strategically over the long term, say over five years and above,” Reserve Bank of India said in a report released by a committee on Capacity Building in Banks and Non-Banks.
The ambit of the report is essentially human resource (HR) intervention that would be required for improving the efficacy and efficiency of personnel employed at various levels by banks, and non-banking financial companies regulated by the Reserve Bank.
6. Govt to infuse Rs. 650 cr more in Exim Bank this year
The Export and Import Bank of India has received Rs. 650-crore capital and is due to receive another Rs. 650 crore this year, as part of capital infusion from the Government of India.
“Last year, we got Rs. 700 crore from the government…this year (it) will give us Rs. 1,300 crore. Of that, we have already received Rs. 650 crore about ten days ago. Rest we will receive in the second half of this fiscal,” said Yaduvendra Mathur, Chairman and Managing Director, Exim Bank. He was speaking to the media at an event in Mumbai.
7.White House to ‘respectfully accommodate’ Modi’s navaratri fast
In view of Prime Minister Narendra Modi observing navaratri fast during his U.S. visit, the White House on Tuesday said this is unlikely to be an issue as they respectfully accommodate the practices of visitors.
“We are aware of the Prime Minister’s plans to fast during his visit to Washington. As with all guests hosted by U.S. Presidents over the years, we always work to respectfully accommodate the practices of our visitors,” said Caitlin Hayden, spokesperson of the National Security Council.
8. Rower Dushyant gets bronze, shooters flop
Rower Dushyant Chauhan was the lone bright spot after the shooters
drew a blank as India managed just one bronze medal to slip to the 14th position in overall standings on the fifth day of competitions in the 17th Asian Games in Incheon on Wednesday.
Dushyant was the only athlete to manage a podium finish as he grabbed a bronze in the men’s lightweight single sculls event on what turned out to be a mixed day for the Indian contingent.
The strong shooting squad, which had accounted for the bulk of medal collection so far, drew a blank on Wednesday which led to India dropping one place in the medal table.
With the addition of just one bronze, India took their tally to 12 (1 gold, 1 silver, 10 bronze). Powerhouse China continued to lead the pack with 99 medals (50-25-24) followed by hosts South Korea with 70 medals (24-23-23) and Japan (64 = 18-23-23).
India on Wednesday became the first country to successfully put a spacecraft around Mars in its first attempt. The ambitious Rs. 460 crore Mars Orbiter Mission (MOM), launched on November 5 last year, had a perfect Mars Orbit Insertion (MOI) to get captured into the Mars orbit.
The Liquid Apogee Motor (LAM) and the eight small thrusters on board India's orbiter to Mars ignited on time at 7.17 a.m. The spacecraft's velocity was slowed down 1.09 metres per second against the targeted 1.1 metres per second. At the end of the burn-time of 24 minutes, the spacecraft was inserted into the Martian orbit.
"The periapsis achieved was 427 km and the apoapsis was 78,500 km. The final values will be obtained after several hours," said Mission Director, MOM, V. Kesava Raju.
Prime Minister Narendra Modi, who arrived in Bangalore on Tuesday night for another engagement, spent nearly two hours watching India's moment of glory.
"India has successfully reached Mars. History has been created today. We have reached the unknown and achieved the impossible," Mr.Modi said.
2. Supreme Court quashes allocation of 214 coal blocks
The Supreme Court on Wednesday cancelled all but four of the 218 coal block allocations it had declared illegal and arbitrary in its August 25, 2014 verdict.
Acting on the Central government's assurance that it is “fully prepared” to face the cancellation of the coal block allocations and will not have any difficulty to take the coal industry forward, a three-judge bench led by Chief Justice of India R.M. Lodha passed the order, opting that the "natural consequence" of its August 25 judgment declaring the allocations would be to cancel them.
On the Centre's request to save 40 functional coal blocks and six ready-to-function ones, the court said 42 of them would continue to function for the next 6 months, till March 31, 2015, to give the government "breathing space to manage the emerging situation".
These 42 blocks would have to pay an additional levy of Rs. 295 per metric tonne of coal extracted to make up for the loss highlighted in the CAG report in the coal scam.
The four functional coal blocks exempted from cancellation are two ultra mega power projects, one operated by NTPC and another by SAIL.
3. Visvesvaraya award for Kalyani
Baba N Kalyani, the Chairman & Managing Director of Bharat Forge has been conferred with the “Bharatratna Sir M Visvesvaraya Memorial Award-2014” by the Federation of Karnataka Chambers of Commerce & Industry. Instituted in 1999 to commemorate the birth anniversary of Sir M Visvesvaraya, NR Narayana Murthy, Azim H Premji and Devi Shetty are past recipients of this award.
4. Army of jobseekers now 11cr-strong
Over 113 million persons were "seeking or available for work", that is, they were unemployed, according to Census 2011 data released today. This huge number made up around 15% of the working age population of about 748 million persons in the 15 to 60 years age group. These unemployed persons were distributed over nearly 70 million families or households. That's about 28% of all households in the country.
5. Banks must plan talent, leadership needs well in advance: RBI panel
In a bid to focus on quality and efficiency in banks, an RBI panel on Tuesday recommended that banks plan for their talent and leadership requirements at least five years ahead, and stressed that placement of employees needs to be based on well-laid out parameters rather than being ad-hoc or discretionary.
“Talent and leadership requirements need to be planned strategically over the long term, say over five years and above,” Reserve Bank of India said in a report released by a committee on Capacity Building in Banks and Non-Banks.
The ambit of the report is essentially human resource (HR) intervention that would be required for improving the efficacy and efficiency of personnel employed at various levels by banks, and non-banking financial companies regulated by the Reserve Bank.
6. Govt to infuse Rs. 650 cr more in Exim Bank this year
The Export and Import Bank of India has received Rs. 650-crore capital and is due to receive another Rs. 650 crore this year, as part of capital infusion from the Government of India.
“Last year, we got Rs. 700 crore from the government…this year (it) will give us Rs. 1,300 crore. Of that, we have already received Rs. 650 crore about ten days ago. Rest we will receive in the second half of this fiscal,” said Yaduvendra Mathur, Chairman and Managing Director, Exim Bank. He was speaking to the media at an event in Mumbai.
7.White House to ‘respectfully accommodate’ Modi’s navaratri fast
In view of Prime Minister Narendra Modi observing navaratri fast during his U.S. visit, the White House on Tuesday said this is unlikely to be an issue as they respectfully accommodate the practices of visitors.
“We are aware of the Prime Minister’s plans to fast during his visit to Washington. As with all guests hosted by U.S. Presidents over the years, we always work to respectfully accommodate the practices of our visitors,” said Caitlin Hayden, spokesperson of the National Security Council.
8. Rower Dushyant gets bronze, shooters flopRower Dushyant Chauhan was the lone bright spot after the shooters
drew a blank as India managed just one bronze medal to slip to the 14th position in overall standings on the fifth day of competitions in the 17th Asian Games in Incheon on Wednesday.
Dushyant was the only athlete to manage a podium finish as he grabbed a bronze in the men’s lightweight single sculls event on what turned out to be a mixed day for the Indian contingent.
The strong shooting squad, which had accounted for the bulk of medal collection so far, drew a blank on Wednesday which led to India dropping one place in the medal table.
With the addition of just one bronze, India took their tally to 12 (1 gold, 1 silver, 10 bronze). Powerhouse China continued to lead the pack with 99 medals (50-25-24) followed by hosts South Korea with 70 medals (24-23-23) and Japan (64 = 18-23-23).
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