1. Narendra Modi launches 'Saansad Adarsh Gram Yojana'
Prime Minister Narendra Modi on Saturday launched the
‘Saansad Adarsh Gram Yojana’, an ambitious village development project under which each MP will take the responsibility of developing physical and institutional infrastructure in three villages by 2019.
Speaking at the launch in New Delhi Mr. Modi said, under the scheme it is envisaged that under the leadership and through the efforts of Members of Parliament, one village would be developed by each MP by 2016.
He said on the basis of the model created by this experience, it is envisaged that two more villages would be developed by each MP by 2019 and that one village will be developed every year.
“We are nearly 800 MPs. If before 2019 we develop three villages each, we reach nearly 2,500 villages. If in the light of this scheme, the states also create a similar scheme for MLAs, then 6-7000 more villages can be added,” Mr. Modi said.
2. Pak violates ceasefire, fires at forward posts in Poonch
After a brief lull, Pakistan on Saturday again violated the ceasefire by firing on forward posts along the LoC in Poonch district of Jammu and Kashmir, drawing retaliation from India.
Pakistani troops resorted to firing on forward Indian posts along LoC in Banwat sector of Poonch district from 1300 hours, a senior Army officer told PTI.
Indian troops guarding the border took positions and retaliated resulting in exchanges which were going on when last reports came from the area, he said
There was no loss of life on our side, the officer said.
The last instance of firing by Pakistan along the 192-km IB was when its Rangers targeted four BSF Border Out Posts (BoP) in Hiranagar sector of Kathua district for 20 minutes on Thursday night.
3. India joins 5-nation team to construct Thirty Meter Telescope
he construction of ambitious next- generation Thirty Meter Telescope, to be built at an estimated cost of $1.47 billion by an international consortium consisting of institutions from India, the US, Canada, Japan and China, has begun this week in Hawaii.
The gigantic telescope, scheduled to be ready by 2020, will provide astronomers with unparalleled power to observe the intricacies of the universe from the comfort of Earth.
India is a significant partner in this ambitious international project, which would enable scientists to answer some of the most fundamental questions in modern science.
Last month, the Union Cabinet chaired by Prime Minister Narendra Modi had given its approval for India’s participation in the Thirty Meter Telescope (TMT) Project at Mauna Kea, Hawaii, USA at a total cost of ₹1,299.8 crores from 2014-23.
4. IIM-B professor on World Economic Forum panel on real estate
Dr Venkatesh Panchapagesan, Associate Professor, Finance & Control Area, and Coordinator of the IIM Bangalore-Century Real Estate Research Initiative, has been appointed member of the advisory committee of the World Economic Forum on real estate.
Dr Panchapagesan is expected to provide insights on the initiative 'Emerging Horizons in Real Estate - an Industry Initiative on Asset Price Dynamics' and will help with the initial report at the World Economic Forum meeting at Davos in January.
The report will aim to provide an understanding on how real estate bubbles develop, identify suitable key indicators to detect bubbles and discuss potential action.
The initiative has emerged from discussions held by Infrastructure & Urban Development Governors (Chairpersons and CEOs of leading Infrastructure and Urban Development Companies, including Real Estate) at Davos in January 2014.
5. Naidu asks ISRO to provide satellite pictures
With Cyclone Hudhud racing to hit Visakhapatnam on Sunday, Andhra Pradesh Chief Minister N. Chandrababu Naidu has requested Indian Space Research Organization (ISRO) and the Central Government to provide satellite pictures of the area.
The Chief Minister has said that the satellite pictures of the area would help in speeding up rescue and restoration work for officials and personnel monitoring the situation.
Mr. Naidu has been closely monitoring the situation in the four districts of Visakhapatnam, Vizianagaram, Srikakulam and East Godavari to be affected by the cyclone.
6. Obama contragulates Satyarthi, Malala on Nobel Peace prize
The U.S. President Barack Obama has congratulated Indian anti-child labour activist Kailash Satyarthi and Pakistani teenager Malala Yousafzai on winning the Nobel Peace Prize, saying this is a victory for all who strive to uphold the dignity of every human being.
“On behalf of Michelle, myself and all Americans, I want to congratulate Malala Yousafzai and Kailash Satyarthi on winning the Nobel Peace Prize. Today’s announcement is a victory for all who strive to uphold the dignity of every human being,” Mr. Obama said in a statement on Friday night.
7. Mundra: Final guidelines on small and payment banks likely in a month
The Reserve Bank of India is likely to come out with final norms on small and payments banks in a month, RBI Deputy Governor S.S. Mundra said today.
"We have received comments (on discussion paper).... Soon, in a month or so, RBI will come out with final guidelines on small and payment banks," he said addressing students from the NMIMS in Mumbai.
The banking regulator had come out with draft guidelines earlier and had invited comments by August 28.
In order to deepen the financial inclusion programme and bring more unbanked people under the formal financial system, RBI had mooted the idea of small and payments banks.
Mundra sought to dismiss concerns on the profitability of such banks, saying they can earn from a variety of avenues such as charging for transactions and through investments in Government bonds, which is allowed.
Once released, the final norms will allow micro-finance institutions (MFIs), telecom players, non-banking finance companies (NBFCs) and public sector companies eligible to apply for bank licences.
Prime Minister Narendra Modi on Saturday launched the
‘Saansad Adarsh Gram Yojana’, an ambitious village development project under which each MP will take the responsibility of developing physical and institutional infrastructure in three villages by 2019.Speaking at the launch in New Delhi Mr. Modi said, under the scheme it is envisaged that under the leadership and through the efforts of Members of Parliament, one village would be developed by each MP by 2016.
He said on the basis of the model created by this experience, it is envisaged that two more villages would be developed by each MP by 2019 and that one village will be developed every year.
“We are nearly 800 MPs. If before 2019 we develop three villages each, we reach nearly 2,500 villages. If in the light of this scheme, the states also create a similar scheme for MLAs, then 6-7000 more villages can be added,” Mr. Modi said.
2. Pak violates ceasefire, fires at forward posts in Poonch
After a brief lull, Pakistan on Saturday again violated the ceasefire by firing on forward posts along the LoC in Poonch district of Jammu and Kashmir, drawing retaliation from India.
Pakistani troops resorted to firing on forward Indian posts along LoC in Banwat sector of Poonch district from 1300 hours, a senior Army officer told PTI.
Indian troops guarding the border took positions and retaliated resulting in exchanges which were going on when last reports came from the area, he said
There was no loss of life on our side, the officer said.
The last instance of firing by Pakistan along the 192-km IB was when its Rangers targeted four BSF Border Out Posts (BoP) in Hiranagar sector of Kathua district for 20 minutes on Thursday night.
3. India joins 5-nation team to construct Thirty Meter Telescope
he construction of ambitious next- generation Thirty Meter Telescope, to be built at an estimated cost of $1.47 billion by an international consortium consisting of institutions from India, the US, Canada, Japan and China, has begun this week in Hawaii.
The gigantic telescope, scheduled to be ready by 2020, will provide astronomers with unparalleled power to observe the intricacies of the universe from the comfort of Earth.
India is a significant partner in this ambitious international project, which would enable scientists to answer some of the most fundamental questions in modern science.
Last month, the Union Cabinet chaired by Prime Minister Narendra Modi had given its approval for India’s participation in the Thirty Meter Telescope (TMT) Project at Mauna Kea, Hawaii, USA at a total cost of ₹1,299.8 crores from 2014-23.
4. IIM-B professor on World Economic Forum panel on real estate
Dr Venkatesh Panchapagesan, Associate Professor, Finance & Control Area, and Coordinator of the IIM Bangalore-Century Real Estate Research Initiative, has been appointed member of the advisory committee of the World Economic Forum on real estate.
Dr Panchapagesan is expected to provide insights on the initiative 'Emerging Horizons in Real Estate - an Industry Initiative on Asset Price Dynamics' and will help with the initial report at the World Economic Forum meeting at Davos in January.
The report will aim to provide an understanding on how real estate bubbles develop, identify suitable key indicators to detect bubbles and discuss potential action.
The initiative has emerged from discussions held by Infrastructure & Urban Development Governors (Chairpersons and CEOs of leading Infrastructure and Urban Development Companies, including Real Estate) at Davos in January 2014.
5. Naidu asks ISRO to provide satellite pictures
With Cyclone Hudhud racing to hit Visakhapatnam on Sunday, Andhra Pradesh Chief Minister N. Chandrababu Naidu has requested Indian Space Research Organization (ISRO) and the Central Government to provide satellite pictures of the area.
The Chief Minister has said that the satellite pictures of the area would help in speeding up rescue and restoration work for officials and personnel monitoring the situation.
Mr. Naidu has been closely monitoring the situation in the four districts of Visakhapatnam, Vizianagaram, Srikakulam and East Godavari to be affected by the cyclone.
6. Obama contragulates Satyarthi, Malala on Nobel Peace prize
The U.S. President Barack Obama has congratulated Indian anti-child labour activist Kailash Satyarthi and Pakistani teenager Malala Yousafzai on winning the Nobel Peace Prize, saying this is a victory for all who strive to uphold the dignity of every human being.
“On behalf of Michelle, myself and all Americans, I want to congratulate Malala Yousafzai and Kailash Satyarthi on winning the Nobel Peace Prize. Today’s announcement is a victory for all who strive to uphold the dignity of every human being,” Mr. Obama said in a statement on Friday night.
7. Mundra: Final guidelines on small and payment banks likely in a month
The Reserve Bank of India is likely to come out with final norms on small and payments banks in a month, RBI Deputy Governor S.S. Mundra said today.
"We have received comments (on discussion paper).... Soon, in a month or so, RBI will come out with final guidelines on small and payment banks," he said addressing students from the NMIMS in Mumbai.
The banking regulator had come out with draft guidelines earlier and had invited comments by August 28.
In order to deepen the financial inclusion programme and bring more unbanked people under the formal financial system, RBI had mooted the idea of small and payments banks.
Mundra sought to dismiss concerns on the profitability of such banks, saying they can earn from a variety of avenues such as charging for transactions and through investments in Government bonds, which is allowed.
Once released, the final norms will allow micro-finance institutions (MFIs), telecom players, non-banking finance companies (NBFCs) and public sector companies eligible to apply for bank licences.
1. Narendra Modi launches 'Saansad Adarsh Gram Yojana'
Prime Minister Narendra Modi on Saturday launched the
‘Saansad Adarsh Gram Yojana’, an ambitious village development project under which each MP will take the responsibility of developing physical and institutional infrastructure in three villages by 2019.
Speaking at the launch in New Delhi Mr. Modi said, under the scheme it is envisaged that under the leadership and through the efforts of Members of Parliament, one village would be developed by each MP by 2016.
He said on the basis of the model created by this experience, it is envisaged that two more villages would be developed by each MP by 2019 and that one village will be developed every year.
“We are nearly 800 MPs. If before 2019 we develop three villages each, we reach nearly 2,500 villages. If in the light of this scheme, the states also create a similar scheme for MLAs, then 6-7000 more villages can be added,” Mr. Modi said.
2. Pak violates ceasefire, fires at forward posts in Poonch
After a brief lull, Pakistan on Saturday again violated the ceasefire by firing on forward posts along the LoC in Poonch district of Jammu and Kashmir, drawing retaliation from India.
Pakistani troops resorted to firing on forward Indian posts along LoC in Banwat sector of Poonch district from 1300 hours, a senior Army officer told PTI.
Indian troops guarding the border took positions and retaliated resulting in exchanges which were going on when last reports came from the area, he said
There was no loss of life on our side, the officer said.
The last instance of firing by Pakistan along the 192-km IB was when its Rangers targeted four BSF Border Out Posts (BoP) in Hiranagar sector of Kathua district for 20 minutes on Thursday night.
3. India joins 5-nation team to construct Thirty Meter Telescope
he construction of ambitious next- generation Thirty Meter Telescope, to be built at an estimated cost of $1.47 billion by an international consortium consisting of institutions from India, the US, Canada, Japan and China, has begun this week in Hawaii.
The gigantic telescope, scheduled to be ready by 2020, will provide astronomers with unparalleled power to observe the intricacies of the universe from the comfort of Earth.
India is a significant partner in this ambitious international project, which would enable scientists to answer some of the most fundamental questions in modern science.
Last month, the Union Cabinet chaired by Prime Minister Narendra Modi had given its approval for India’s participation in the Thirty Meter Telescope (TMT) Project at Mauna Kea, Hawaii, USA at a total cost of ₹1,299.8 crores from 2014-23.
4. IIM-B professor on World Economic Forum panel on real estate
Dr Venkatesh Panchapagesan, Associate Professor, Finance & Control Area, and Coordinator of the IIM Bangalore-Century Real Estate Research Initiative, has been appointed member of the advisory committee of the World Economic Forum on real estate.
Dr Panchapagesan is expected to provide insights on the initiative 'Emerging Horizons in Real Estate - an Industry Initiative on Asset Price Dynamics' and will help with the initial report at the World Economic Forum meeting at Davos in January.
The report will aim to provide an understanding on how real estate bubbles develop, identify suitable key indicators to detect bubbles and discuss potential action.
The initiative has emerged from discussions held by Infrastructure & Urban Development Governors (Chairpersons and CEOs of leading Infrastructure and Urban Development Companies, including Real Estate) at Davos in January 2014.
5. Naidu asks ISRO to provide satellite pictures
With Cyclone Hudhud racing to hit Visakhapatnam on Sunday, Andhra Pradesh Chief Minister N. Chandrababu Naidu has requested Indian Space Research Organization (ISRO) and the Central Government to provide satellite pictures of the area.
The Chief Minister has said that the satellite pictures of the area would help in speeding up rescue and restoration work for officials and personnel monitoring the situation.
Mr. Naidu has been closely monitoring the situation in the four districts of Visakhapatnam, Vizianagaram, Srikakulam and East Godavari to be affected by the cyclone.
6. Obama contragulates Satyarthi, Malala on Nobel Peace prize
The U.S. President Barack Obama has congratulated Indian anti-child labour activist Kailash Satyarthi and Pakistani teenager Malala Yousafzai on winning the Nobel Peace Prize, saying this is a victory for all who strive to uphold the dignity of every human being.
“On behalf of Michelle, myself and all Americans, I want to congratulate Malala Yousafzai and Kailash Satyarthi on winning the Nobel Peace Prize. Today’s announcement is a victory for all who strive to uphold the dignity of every human being,” Mr. Obama said in a statement on Friday night.
7. Mundra: Final guidelines on small and payment banks likely in a month
The Reserve Bank of India is likely to come out with final norms on small and payments banks in a month, RBI Deputy Governor S.S. Mundra said today.
"We have received comments (on discussion paper).... Soon, in a month or so, RBI will come out with final guidelines on small and payment banks," he said addressing students from the NMIMS in Mumbai.
The banking regulator had come out with draft guidelines earlier and had invited comments by August 28.
In order to deepen the financial inclusion programme and bring more unbanked people under the formal financial system, RBI had mooted the idea of small and payments banks.
Mundra sought to dismiss concerns on the profitability of such banks, saying they can earn from a variety of avenues such as charging for transactions and through investments in Government bonds, which is allowed.
Once released, the final norms will allow micro-finance institutions (MFIs), telecom players, non-banking finance companies (NBFCs) and public sector companies eligible to apply for bank licences.
Prime Minister Narendra Modi on Saturday launched the
‘Saansad Adarsh Gram Yojana’, an ambitious village development project under which each MP will take the responsibility of developing physical and institutional infrastructure in three villages by 2019.Speaking at the launch in New Delhi Mr. Modi said, under the scheme it is envisaged that under the leadership and through the efforts of Members of Parliament, one village would be developed by each MP by 2016.
He said on the basis of the model created by this experience, it is envisaged that two more villages would be developed by each MP by 2019 and that one village will be developed every year.
“We are nearly 800 MPs. If before 2019 we develop three villages each, we reach nearly 2,500 villages. If in the light of this scheme, the states also create a similar scheme for MLAs, then 6-7000 more villages can be added,” Mr. Modi said.
2. Pak violates ceasefire, fires at forward posts in Poonch
After a brief lull, Pakistan on Saturday again violated the ceasefire by firing on forward posts along the LoC in Poonch district of Jammu and Kashmir, drawing retaliation from India.
Pakistani troops resorted to firing on forward Indian posts along LoC in Banwat sector of Poonch district from 1300 hours, a senior Army officer told PTI.
Indian troops guarding the border took positions and retaliated resulting in exchanges which were going on when last reports came from the area, he said
There was no loss of life on our side, the officer said.
The last instance of firing by Pakistan along the 192-km IB was when its Rangers targeted four BSF Border Out Posts (BoP) in Hiranagar sector of Kathua district for 20 minutes on Thursday night.
3. India joins 5-nation team to construct Thirty Meter Telescope
he construction of ambitious next- generation Thirty Meter Telescope, to be built at an estimated cost of $1.47 billion by an international consortium consisting of institutions from India, the US, Canada, Japan and China, has begun this week in Hawaii.
The gigantic telescope, scheduled to be ready by 2020, will provide astronomers with unparalleled power to observe the intricacies of the universe from the comfort of Earth.
India is a significant partner in this ambitious international project, which would enable scientists to answer some of the most fundamental questions in modern science.
Last month, the Union Cabinet chaired by Prime Minister Narendra Modi had given its approval for India’s participation in the Thirty Meter Telescope (TMT) Project at Mauna Kea, Hawaii, USA at a total cost of ₹1,299.8 crores from 2014-23.
4. IIM-B professor on World Economic Forum panel on real estate
Dr Venkatesh Panchapagesan, Associate Professor, Finance & Control Area, and Coordinator of the IIM Bangalore-Century Real Estate Research Initiative, has been appointed member of the advisory committee of the World Economic Forum on real estate.
Dr Panchapagesan is expected to provide insights on the initiative 'Emerging Horizons in Real Estate - an Industry Initiative on Asset Price Dynamics' and will help with the initial report at the World Economic Forum meeting at Davos in January.
The report will aim to provide an understanding on how real estate bubbles develop, identify suitable key indicators to detect bubbles and discuss potential action.
The initiative has emerged from discussions held by Infrastructure & Urban Development Governors (Chairpersons and CEOs of leading Infrastructure and Urban Development Companies, including Real Estate) at Davos in January 2014.
5. Naidu asks ISRO to provide satellite pictures
With Cyclone Hudhud racing to hit Visakhapatnam on Sunday, Andhra Pradesh Chief Minister N. Chandrababu Naidu has requested Indian Space Research Organization (ISRO) and the Central Government to provide satellite pictures of the area.
The Chief Minister has said that the satellite pictures of the area would help in speeding up rescue and restoration work for officials and personnel monitoring the situation.
Mr. Naidu has been closely monitoring the situation in the four districts of Visakhapatnam, Vizianagaram, Srikakulam and East Godavari to be affected by the cyclone.
6. Obama contragulates Satyarthi, Malala on Nobel Peace prize
The U.S. President Barack Obama has congratulated Indian anti-child labour activist Kailash Satyarthi and Pakistani teenager Malala Yousafzai on winning the Nobel Peace Prize, saying this is a victory for all who strive to uphold the dignity of every human being.
“On behalf of Michelle, myself and all Americans, I want to congratulate Malala Yousafzai and Kailash Satyarthi on winning the Nobel Peace Prize. Today’s announcement is a victory for all who strive to uphold the dignity of every human being,” Mr. Obama said in a statement on Friday night.
7. Mundra: Final guidelines on small and payment banks likely in a month
The Reserve Bank of India is likely to come out with final norms on small and payments banks in a month, RBI Deputy Governor S.S. Mundra said today.
"We have received comments (on discussion paper).... Soon, in a month or so, RBI will come out with final guidelines on small and payment banks," he said addressing students from the NMIMS in Mumbai.
The banking regulator had come out with draft guidelines earlier and had invited comments by August 28.
In order to deepen the financial inclusion programme and bring more unbanked people under the formal financial system, RBI had mooted the idea of small and payments banks.
Mundra sought to dismiss concerns on the profitability of such banks, saying they can earn from a variety of avenues such as charging for transactions and through investments in Government bonds, which is allowed.
Once released, the final norms will allow micro-finance institutions (MFIs), telecom players, non-banking finance companies (NBFCs) and public sector companies eligible to apply for bank licences.
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