1. AP launches ‘Mee Bhoomi’ digital depository of land records
The Andhra Pradesh government has launched `Mee Bhoomi', a digital depository of land records.
The portal, http://meebhoomi.ap.gov.in/, makes all land details along with Adangal/Pahani and 1-B details, available to the people.
It also lists details of land owners, area, assessment, water source, soil type, nature of possession of the land, liabilities, tenancy, and crops grown. One can also view individual/ village adangal and 1B details on the website.
Besides the survey number or pattadar number, it also gives the option of entering the Aadhaar card number to view land details. Users can also search for their field measurement book (F.M.B) on the website. The details of any transactions will also be updated on the website.
With respect to grievances related to land, people can register a complaint at the closest Mee-Seva centre, which will process the same within 15 days.
Making the portal mobile-friendly, the government has also launched an Android app.
2. RBI issued final guidelines for 6-year and 13-year Interest Rate Futures
The Reserve Bank of India (RBI) issued the final guidelines for the 6-year and 13-year
cash settled Interest Rate Futures (IRF) on government securities with residual maturity of 4-8 years and 11-15 years respectively under the Interest Rate Futures (Reserve Bank) (Amendment) Directions, 2015.
For this purpose, RBI amended the Interest Rate Futures (Reserve Bank) Directions, 2013 dated 5 December 2013.
For the 6-year cash settled IRF contracts, the underlying shall be a coupon bearing government security of face value of 100 rupees and the residual maturity of 6-year IRF is between 4 and 8 years on the expiry of futures contract.
For the 13-year cash settled IRF contracts, the underlying can be a coupon bearing government security of face value of 100 rupees and residual maturity will be between 11 and 15 years on the expiry of futures contract.
Moreover, the RBI also expanded the residual maturity for the existing 10-year cash settled IRF from 9-11 years to 8-11 years to provide market participants a greater choice and flexibility to hedge their interest rate risk across different tenors.
3. Moldova's Prime Minister Chiril Gaburuci resigned
Moldova's Prime Minister Chiril Gaburuci resigned from his post after he was questioned about the authenticity of his high school and university degrees.
Gaburuci became the Prime Minister of Moldova in February 2015. He headed a pro-European government that relies on the Communist Party of Moldova. Earlier, he had been Chief Executive Officer of Azerbaijan’s mobile telecom company Moldcell until January 2015.
Gaburuci has earlier also expressed his will to resign, saying that he lacked the tools to reform financial and judicial institutes such as the central bank and prosecutor’s office.
4. Sir Wesley Winfield Hall inducted into the ICC Cricket Hall of fame
Veteran West Indies fast bowler Sir Wesley Winfield Hall was inducted into the ICC Cricket Hall of Fame. With this, he becomes 80th cricketer to be inducted in the ICC Cricket Hall of Fame and 18th from West Indies itself.
Sir Wesley Hall had played a total of 48 Tests in his one decade career spanning from 1958 to 1969. In his Test career, he took 192 wickets which included five wickets in an innings for 9 times and 10 wickets in a match on one occasion.
5. Dick Costolo resigned as CEO of Twitter Inc
Dick Costolo resigned as the Chief Executive Officer (CEO) of Twitter Inc after serving the company for five years. Costolo will demit the office of CEO on 1 July 2015.
Twitter co-founder and Square Inc's CEO Jack Dorsey will take over as the Interim CEO of the company on 1 July 2015 and will stay until a replacement is found.
Costolo joined the company in 2009 as its Chief Operating Officer. In 2013, he helped the company to go public and recently he struggled to attract new users to the service.
6. US becomes world’s largest oil producer, surpasses Saudi Arabia
The United States has overtaken Saudi Arabia as the world’s biggest oil producer in 2014 while India has recorded the highest growth in energy consumption among major economies.
USA Oil Production
The US produced 15.9% more oil in 2014 at 11.6 million barrels of oil per day to topple Saudi Arabia’s 11.5 million bpd production, according to BP Plc’s Statistical Review of World Energy release
Russia with 10.8 million bpd oil production was placed third.
The US surpassed Russia as the world’s largest producer of oil and gas, producing 1,250.4 million tons of oil and oil equivalent natural gas in 2014. This compared with Russia’s 1,062 million tons of oil equivalent.
Refining:
Though India is heavily dependent on imports to meet its oil needs
India is self-sufficient and fourth largest in refining capacity of 4.3 million bpd.
Top three nations are
US (17.79 million bpd)
China (14.09 million bpd)
Russia (6.3 million bpd).
7. Vinita Bali appointed as Chair of Board of Directors of GAIN
Vinita Bali was appointed as the Chair of Board of Directors of the Global Alliance for Improved Nutrition (GAIN). Vinita succeeded Jay Naidoo, who led GAIN in the global fight against malnutrition since its creation in 2002.
Vinita has been on the board of GAIN since 2010 and has led large companies in a variety of marketing and general management roles in the India, UK, Nigeria, South Africa, Chile and the US.
She also serves on the Advisory Board of The Division of Nutritional Science at University of Cornell and is the Vice Chair of CARE India. She is among the 27 global leaders appointed by the UN Secretary General to stand on the Lead Group of the Scaling Up Nutrition (SUN) movement.
8. Egypt's New Suez Canal to open on August 6
Egypt's New Suez Canal will open on August 6, the canal authority chairman said on Saturday, a project that President Abdel Fattah al-Sisi hopes will stimulate an economy suffering double-digit unemployment.
The army began work 10 months ago on the new canal, built alongside the existing 145-year-old historic waterway at a cost of $8 billion and part of a multi-billion-dollar project to expand trade along the fastest shipping route between Europe and Asia.
The Suez Canal is a vital source of hard currency for Egypt, particularly since a 2011 uprising that scared off tourists and foreign investment.
"The digging and dredging works will conclude on July 15. The opening of the New Suez Canal will be on August 6, according to the orders of the Egyptian people and the Egyptian president," Mohab Mameesh, chairman and managing director of the Suez Canal Authority, told a news conference in Ismailia.
1. AP launches ‘Mee Bhoomi’ digital depository of land records
The Andhra Pradesh government has launched `Mee Bhoomi', a digital depository of land records.
The portal, http://meebhoomi.ap.gov.in/, makes all land details along with Adangal/Pahani and 1-B details, available to the people.
It also lists details of land owners, area, assessment, water source, soil type, nature of possession of the land, liabilities, tenancy, and crops grown. One can also view individual/ village adangal and 1B details on the website.
Besides the survey number or pattadar number, it also gives the option of entering the Aadhaar card number to view land details. Users can also search for their field measurement book (F.M.B) on the website. The details of any transactions will also be updated on the website.
With respect to grievances related to land, people can register a complaint at the closest Mee-Seva centre, which will process the same within 15 days.
Making the portal mobile-friendly, the government has also launched an Android app.
2. RBI issued final guidelines for 6-year and 13-year Interest Rate Futures
The Reserve Bank of India (RBI) issued the final guidelines for the 6-year and 13-year
cash settled Interest Rate Futures (IRF) on government securities with residual maturity of 4-8 years and 11-15 years respectively under the Interest Rate Futures (Reserve Bank) (Amendment) Directions, 2015.
For this purpose, RBI amended the Interest Rate Futures (Reserve Bank) Directions, 2013 dated 5 December 2013.
For the 6-year cash settled IRF contracts, the underlying shall be a coupon bearing government security of face value of 100 rupees and the residual maturity of 6-year IRF is between 4 and 8 years on the expiry of futures contract.
For the 13-year cash settled IRF contracts, the underlying can be a coupon bearing government security of face value of 100 rupees and residual maturity will be between 11 and 15 years on the expiry of futures contract.
Moreover, the RBI also expanded the residual maturity for the existing 10-year cash settled IRF from 9-11 years to 8-11 years to provide market participants a greater choice and flexibility to hedge their interest rate risk across different tenors.
3. Moldova's Prime Minister Chiril Gaburuci resigned
Moldova's Prime Minister Chiril Gaburuci resigned from his post after he was questioned about the authenticity of his high school and university degrees.
Gaburuci became the Prime Minister of Moldova in February 2015. He headed a pro-European government that relies on the Communist Party of Moldova. Earlier, he had been Chief Executive Officer of Azerbaijan’s mobile telecom company Moldcell until January 2015.
Gaburuci has earlier also expressed his will to resign, saying that he lacked the tools to reform financial and judicial institutes such as the central bank and prosecutor’s office.
4. Sir Wesley Winfield Hall inducted into the ICC Cricket Hall of fame
Veteran West Indies fast bowler Sir Wesley Winfield Hall was inducted into the ICC Cricket Hall of Fame. With this, he becomes 80th cricketer to be inducted in the ICC Cricket Hall of Fame and 18th from West Indies itself.
Sir Wesley Hall had played a total of 48 Tests in his one decade career spanning from 1958 to 1969. In his Test career, he took 192 wickets which included five wickets in an innings for 9 times and 10 wickets in a match on one occasion.
5. Dick Costolo resigned as CEO of Twitter Inc
Dick Costolo resigned as the Chief Executive Officer (CEO) of Twitter Inc after serving the company for five years. Costolo will demit the office of CEO on 1 July 2015.
Twitter co-founder and Square Inc's CEO Jack Dorsey will take over as the Interim CEO of the company on 1 July 2015 and will stay until a replacement is found.
Costolo joined the company in 2009 as its Chief Operating Officer. In 2013, he helped the company to go public and recently he struggled to attract new users to the service.
6. US becomes world’s largest oil producer, surpasses Saudi Arabia
The United States has overtaken Saudi Arabia as the world’s biggest oil producer in 2014 while India has recorded the highest growth in energy consumption among major economies.
USA Oil Production
The US produced 15.9% more oil in 2014 at 11.6 million barrels of oil per day to topple Saudi Arabia’s 11.5 million bpd production, according to BP Plc’s Statistical Review of World Energy release
Russia with 10.8 million bpd oil production was placed third.
The US surpassed Russia as the world’s largest producer of oil and gas, producing 1,250.4 million tons of oil and oil equivalent natural gas in 2014. This compared with Russia’s 1,062 million tons of oil equivalent.
Refining:
Though India is heavily dependent on imports to meet its oil needs
India is self-sufficient and fourth largest in refining capacity of 4.3 million bpd.
Top three nations are
US (17.79 million bpd)
China (14.09 million bpd)
Russia (6.3 million bpd).
7. Vinita Bali appointed as Chair of Board of Directors of GAIN
Vinita Bali was appointed as the Chair of Board of Directors of the Global Alliance for Improved Nutrition (GAIN). Vinita succeeded Jay Naidoo, who led GAIN in the global fight against malnutrition since its creation in 2002.
Vinita has been on the board of GAIN since 2010 and has led large companies in a variety of marketing and general management roles in the India, UK, Nigeria, South Africa, Chile and the US.
She also serves on the Advisory Board of The Division of Nutritional Science at University of Cornell and is the Vice Chair of CARE India. She is among the 27 global leaders appointed by the UN Secretary General to stand on the Lead Group of the Scaling Up Nutrition (SUN) movement.
8. Egypt's New Suez Canal to open on August 6
Egypt's New Suez Canal will open on August 6, the canal authority chairman said on Saturday, a project that President Abdel Fattah al-Sisi hopes will stimulate an economy suffering double-digit unemployment.
The army began work 10 months ago on the new canal, built alongside the existing 145-year-old historic waterway at a cost of $8 billion and part of a multi-billion-dollar project to expand trade along the fastest shipping route between Europe and Asia.
The Suez Canal is a vital source of hard currency for Egypt, particularly since a 2011 uprising that scared off tourists and foreign investment.
"The digging and dredging works will conclude on July 15. The opening of the New Suez Canal will be on August 6, according to the orders of the Egyptian people and the Egyptian president," Mohab Mameesh, chairman and managing director of the Suez Canal Authority, told a news conference in Ismailia.
No comments:
Post a Comment