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Credit Policy: RBI sees sticky inflation; risks to upside

April 16, 2012 By admin Leave a Comment

The Reserve Bank of India (RBI) said inflation was likely to remain near current levels during the fiscal year, with risks still to the upside, sounding a cautious note a day before it is expected to cut its policy interest rate for the first time i

n three years.

Earlier on Monday, India reported annual wholesale price index (WPI) inflation for March at 6.89%, mainly driven by higher food prices, exceeding forecasts.

“While inflation has moderated, risks to inflation are still on the upside,” the RBI said in a report.

“Monetary policy would … need to support growth without risking external balance or inflation by excessively fuelling demand,” the report said.

The RBI has left interest rates on hold after raising them 13 times between March 2010 and October 2011. It disappointed many investors a month ago when it left rates unchanged, accompanied by strong anti-inflationary comments.

On Monday, the central bank said inflationary drivers remain, with inflation “likely to remain sticky at about current levels” in the fiscal year that started this month.

“Price pressures persist with considerable suppressed inflation in oil, electricity, coal and fertilisers, (and) the incomplete pass through of rupee depreciation,” it said.

The government heavily subsidises fuel and fertilisers, and is expected eventually to free up fuel prices in order to ease its fiscal burden, which would add to inflation.

Most analysts polled by Reuters last week expected the RBI to begin its easing cycle on Tuesday with a 25 basis point cut in the policy repo rate to 8.25%, while a minority expected it to bring down the cash reserve ratio for banks by 25 basis points to 4.50%.

An RBI survey of economists forecast the Indian economy to grow at 7.2% in the fiscal year that began on April 1, little changed from the 7.3% forecast in the last survey three months ago.

Growth in Asia’s third-largest economy slowed to 6.1% in the three months to December, the weakest in nearly three years. The government has forecast growth in the fiscal year that ended on March 31 to dip below 7% for the first time in three years.

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Banking transforms lives in rural areas in northeast

September 17, 2009 By admin Leave a Comment

Agartala (Tripura)/ Jorhat (Assam), Sep.16 (ANI): Banking services are playing a major role in transforming the lives of people in rural areas of the northeast India.

To upgrade infrastructure and attract more investment, banks have undertaken several economic upliftment policies and schemes.

In Tripura, a financial outreach camp was recently organized at the State’s Pitra village to raise awareness among villagers about banking and central banking services. It also intended to bring them under the fold of mainstream banking.

Reserve Bank of India (RBI) took the initiative along with different functioning banks in the State. It came as a boon to thousands of villagers, especially farmers, who enthusiastically participated in the camp.

Villagers were familiarized with various banking facilities, security features of currency notes. They were given an opportunity to exchange their soiled and mutilated currency notes and exchange currency notes for coins.

The participants put up their queries about banking facilities in the area.

“Here we do not have any banking system. Because of the camp the villagers would be benefited. With bank accounts, people will get to know about savings and this will help them in the future,” said Bubantala Jamatia, a Pitra villager.

“This outreach camp has helped poor villagers and we are now opening accounts without depositing any money,” said Anishmia Sarkar, a villager. o improve the banking sector in northeast, the Reserve bank of India has set up a Committee on Financial Sector Development.

The committee has made several major recommendations, including financial inclusion, opening of bank branches and enhancement of credit flow to the region.

“As far as Reserve Bank of India is concerned, the approach is that we work together, the State government, the banks, the non-governmental organizations, the local Panchayati Raj institutions and the Reserve Bank will act like a catalyst to make people come together an work for economic development,” said Usha Thorat, Deputy Governor, Reserve Bank of India.

The United Bank of India (UBI) has drawn up a plan for economic upliftment of the seven northeastern States called ‘Vision 2020 for northeast’ aimed to cover rural people.

‘Vision 2020 for northeast, the plan, was declared during a press conference by UBI held at Tocklai in Jorhat in Assam.

It would include introduction of low rate interest loans for the poor, unemployed youths, farmers, women, self-help groups, small scale industries and entrepreneurs among others.

The bank also handed over rupees 750 million loan to 8,673 Union Bank of India (UBI) account holders.The loans have benefited us a lot. The bank provided us loans based on the need of the customers. We are really satisfied,” said C. Saikia, one of the customers.

At present there are 252 Union Bank of India branches in the northeast region of the country. The bank is setting up 15 branches in different parts of Assam. Two branches each will also be set up in Manipur and Nagaland. By Pinaki Das / Vaschipem Kamodang (ANI)

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Three genes linked to Lou Gehrig’s disease identified

September 10, 2009 By admin Leave a Comment

Washington, Sep 10 (ANI): Researchers at Michigan Technological University have identified three genes that play a major role in the most common type of amyotrophic lateral sclerosis (ALS), generally known as Lou Gehrig’s disease.

The team of mathematicians, led by Shuanglin Zhang, isolated the genes from the many thousands scattered throughout human DNA.

Zhang noted that the discovery does not mean an end to ALS, but it could provide scientists with valuable clues as they search for a cure.

“I felt very urgent to find the genes for ALS,” Zhang said.

“This is very nice work. It’s very challenging to map genes for complex diseases, and while many statistical methods have been developed, most don’t work well in practice. Zhang’s group has developed a method to detect genes and gene-gene interaction in complex diseases and provided evidence that it works,” said Xiaofeng Zhu, an associate professor of epidemiology at Case Western Reserve University’s School of Medicine.

“Their findings will need to be confirmed by other researchers, but I think this will be very useful for the investigators who are trying to find genes underlying complex diseases such as ALS,” said Zhu.

According to the ALS Association, only about 10 percent of patients have familial ALS, a directly inherited form of the usually fatal neuromuscular disorder, while the remaining 90 percent are diagnosed with the sporadic form of the disease.

While everyone has the three genes in question, but in people with sporadic ALS, they differ from those in people who don’t have ALS.

The mathematicians were not surprised when they tracked down the location of the genes.

“Everybody has 23 chromosomes, and the three genes on chromosomes 2, 4, and 10 interact. If you have this combination of the three genes, you are at high risk of developing the disease. It’s really exciting, especially because my husband has sporadic ALS. Maybe they can find a cure by blocking the genes,” explained Zhang’s wife Qiuying Sha.

ALS destroys the nerves in the brain and spinal cord that control voluntary movement, eventually leading to paralysis.

Zhang’s team used a new statistical method to analyse the genetic codes of 547 individuals, 276 with sporadic ALS and 271 without.

The method, a two-locus interaction analysis approach, allows the researchers to identify multiple genes associated with a complex illness.

The data set they analyzed was provided by National Institute of Neurological Disorders and Stroke (NINDS) Human Genetics Resource Center at the Coriell Institute, a publicly funded “bank” or repository for human cells, DNA samples, clinical data, and other information that aims to accelerate research on the genetics of nervous system disorders.

The study has been published in the open access journal BMC Medical Genetics. (ANI)

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Manipur police personnel behind Imphal bomb attack

September 6, 2009 By admin Leave a Comment

Imphal (Manipur), Sep 6 (ANI): In an astonishing revelation, the India Reserve Battalion (IRB) was involved in a bomb attack at a private hospital in Imphal, leaving Manipuris flabbergasted.

It is reported that militants gave Rs 5000 to an IRB rifleman to set off a grenade at the Chamber of Commerce Hospital at Thangal Bazaar in Imphal that left three persons injured.

The rifleman was identified as T. Munal, and has been apprehended by the police.

“There will be a strict control room exclusively for the commandos, so that the control room will have details about their duties and there will be a general diary which will give record of what all activities they are doing. With this sort of things and a little more check, I think with that we should be able to weed out those black sheep,” said Y. Joykumar Singh, The Director General of Police (DGP) of Manipur.

T. Munal was posted at the Battalion headquarters at Khuman Lampak in Imphal and was allegedly involved in several other attacks carried out in the state.

Munal has disclosed that a cadre of KCP (MC) militant outfit had given him the hand grenade.

The incident has shocked the people in the state. They condemned the act.

“Security forces protect us but if they do such things, the people of Manipur will be no more. We condemn the act,” said Zathlingthang, a local.

“They are here to protect the people and a rifleman committing such crime is condemnable act. The people of the state are suffering because of such crimes,” added Khomi, another local.

Meanwhile, reacting to the involvement of state police personnel in the incident, Union Home Secretary G.K Pillai, who was on a visit to assess the overall law and order situation in the state, urged the state government to bring transparency in the recruitment of constables.

“If constables come into the police force on merit, you will get a much better, more efficient police force. Complain has come that some of the people who have been recruited did not undergo adequate screening of some of them. Screening would be done by the Manipur police to remove all the undesirable elements from the state police forces,” Pillai said. (ANI)

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Tribals attend RBI’s financial outreach camp in Tripura

September 6, 2009 By admin Leave a Comment

Agartala, Sep. 6 (ANI): Thousands of tribal families turned out to participate in a financial outreach camp organized by the Reserve Bank of India in Pitra village of Tripura.

The camp was organised with the objective of bringing awareness among villagers about banking norms.

“Bank wants to lend for projects which would generate economic activity will lead to development of north east.

So we have to be able to work together. The state government, the banks, the non-governmental organisations, the locals, Panchayati Raj institutions and the Reserve Bank will act like a catalyst to make people come together and work together for economic development,” said Usha Thorat, deputy governor, Reserve Bank of India.

Organised on the occasion of Platinum Year celebration of Reserve Bank, the camp witnessed hundreds of villagers gathered at the stalls of different banks for opening of new bank accounts.

The villagers were also informed and familiarized with various banking facilities, security features of currency notes, exchange their soiled and mutilated currency notes, exchange currency notes for coins and also look into their complains with regards to banking facilities.

“In the village there is no banking system and this camp will be of great benefit to us. The villagers had no means of saving but now we think we can save something for our future,” Bubantala Jamatia, a villager

Under the model, post offices, cooperatives, NGOs, financial institutions, self-help groups, retired employees of state or central government may act as an agent of the banks and provide services to people. (ANI)

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Hamilton says he can still take the F-I title

September 4, 2009 By admin Leave a Comment

London, Sep.4 (ANI): Lewis Hamilton says he has not given up hope of retaining his F1 title – even if people think he is crazy.

The reigning champ is a massive 45 points behind fellow Brit and championship leader Jenson Button, with just 50 to play for.

“I know it sounds crazy but I’m not going to put the title out of my mind until it’s mathematically impossible. I’ll still be going for it, trying to get every single point I can. We can keep attacking and the last five races should be good for us,” The Sun quoted 24-year-old Hamilton, as saying.

Meanwhile, Giancarlo Fisichella has been released by Force India to join Ferrari for the remaining races – and is set for the reserve driver role next year.

The Italian, 36, who scored Force India’s first points by finishing second at the Belgian GP last Sunday, replaces countryman Luca Badoer.

Ferrari moved for Fisichella after it was confirmed Felipe Massa would not be back until next season following his horror crash in Hungary. (ANI)

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Lunar clock to be built by River Thames by 2012

September 3, 2009 By admin Leave a Comment

London, September 3 (ANI): Scientists and artists are planning to build a 40m-wide lunar clock by the River Thames by the year 2012.

According to a report by BBC News, the aim is to create a new London landmark close to the proposed Olympic stadium as a monument to a more natural way of marking time.

The proposed site is at East India Dock, six miles along the river from Westminster Palace. It is currently a bedraggled nature reserve.

The designers of the clock hope that the instrument will become as iconic as Big Ben, which has been marking time for 150 years.

Laura Williams, an East London artist, explained that the clock would be powered by the tides from the Thames.

“There are three giant concentric rings made from recycled glass. Light shines through from the glass in time with the Moon’s cycles so the largest ring shows the lunar phase,” she said.

“Gradually, the light waxes on all the way around the ring and connects full circle when it’s full Moon,” she added.

“The second ring is like the big hand of the clock. It’s a marker of light that tracks the Moon around the globe so that’s the lunar day cycle,” said Williams.

“The third ring – the smallest – is the small hand that tracks the tide as it goes from high tide to low,” she said.

The clock has been called Aluna. It is a word from the Kogi indigenous people of Colombia.

“It means memory, possibility. It’s also being in tune with the planet’s rhythms and living in harmony with our planet,” said Williams.

According to Dr Usama Hasan, an astronomer, in this age of iPods and atomic clocks, there is a greater need than ever for an older way of measuring time.

“Aluna is a project which tries to connect us back to the cosmic cycle, with nature. I think that’s very important especially in the very technological age we live in,” said Hasan. (ANI)

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Intensified search operations for missing Andhra CM resume

September 3, 2009 By admin Leave a Comment

Hyderabad/New Delhi, Sep.3 (ANI): Search operations for missing Andhra Pradesh Chief Minister Y.S. Rajasekhara Reddy resumed at first light on Thursday morning.

State Government sources said that they have narrowed down the search to a 20-square kilometer radius in the Nallamalla Forest Range where they believe the seven-seat Bell helicopter carrying the chief minister may have gone down on Wednesday at around 9.30 a.m.eddy’s chopper went missing while he was on his way from Kurnool to Chittoor.

He is accompanied by his Principal Secretary S Subramanyam and Chief Security Officer A S C Wesley. There were two pilots also on board the twin-engined Bell 430 helicopter that lost contact with Air Traffic Control at the Begumpet Airport in Hyderabad when it was headed for Chittoor district, about 600 kilometres from Hyderabad.

Indian Space Research Organisation chief G. Madhavan Nair and his team are monitoring a low flying remote sensing plane. Satellite images are being used to try and trace the place. So far, 41 images have been taken but none of them have revealed any information about the chief minister’s whereabouts.

As of now the Indian Government has said that it has not requested the United States for help in the matter, but has confirmed that the unmanned vehicle that is presently deployed in the north eastern part of the country is being kept on standby.

The Army, Indian Air Force (IAF), Central Reserve Police Force (CRPF) personnel, Andhra Police Greyhound commandos along with local police and district officials has entered the Nallamalla Forests to launch the massive search and rescue operation for Reddy.

About 250 Army personnel with night vision devices have joined the search operations.

“We have deployed two columns and one Ghatak (jungle warfare specialist) platoon in the area for searching the Chief Minister. Our troops are equipped with night vision devices such as goggles and hand held thermal imagers,” Army officials said.

Congress president Sonia Gandhi is expected to arrive in Hyderabad shortly to be with Reddy’s anguished family members and to get a hands on assessment of the search operation.

She has already sent Union Law Minister and Congress general secretary in charge of Andhra Pradesh affairs Veerappa Moily and Union Minister of State in the Prime Minister’s Office Prithviraj Chauhan to the city to monitor developments. Chauhan told press persons that the State and Central Governments are sparing no efforts to search for the chief minister.

Meanwhile, National Security Advisor M.K. Narayanan has said that while both the state and central governments are extremely concerned and worried about the missing chief minister, all available resources are being deployed for the search.

He said Army and Air Force helicopters have been conducting a search of the region. He also confirmed that two fixed-wing aircraft with synthetic aperture radar capabilities have been pressed into service.

Forces on the ground are also on the lookout for the missing helicopter and its individuals. arayanan said that the lack of communication is a major problem and also ruled out the probability of a Naxal strike.

“I don’t think the Naxals have the capability to bring down a helicopter,” he said.

“There is no question about calling off the search till we discover what happened there. We are hopeful we will find the Chief Minister, his chief secretary and PSO without serious injuries,” he added. (ANI)

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Sonia Gandhi to visit Hyderabad on Thursday morning

September 2, 2009 By admin Leave a Comment

New Delhi, Sep.2 (ANI): Congress President and United Progressive Alliance Chairperson Sonia Gandhi will visit Hyderabad on Thursday.

Sonia called up Reddy’s wife on Wednesday evening and is believed to have expressed concern with the family over the missing incident of Reddy.

A high-level search operation is on to trace out the missing CM.

Army’s 300 special Commandos (especially trained in jungle warfare), 5,000 Central Reserve Police Force personnel and State’s anti-Naxal Force personnel have been engaged into the seach operation.

Reddy has gone missing since 9.35 a.m. of Wednesday morning. (ANI)

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Bank of Baroda becomes a registered bank in New Zealand

September 1, 2009 By admin Leave a Comment

Wellington, Sep. 1 (ANI): The Reserve Bank of New Zealand has given permission to the Bank of Baroda to begin trading in the country, making it the nation’s 19th registered bank.

India’s third-largest public sector bank first indicated a desire to enter New Zealand when then-chairman Anil Kumar Khandelwel visited the country in 2007, stuff.co.nz reports.

The Mumbai-based lender’s registration was confirmed by the central bank on Monday.

Bank of Baroda may open its first branch in Auckland’s Mt Roskill, according to reports.

The bank’s local operation, which are is expected to begin near the end of the year, is going to target all ethnic communities, not only Indian residents.

Bank of Baroda is in some 70 countries, including offices in Australia and Fiji, and is looking to continue expanding its international operations with a joint venture to open a banking company in Malaysia, according to its latest earnings report.

Overseas business contributed some 23 percent to the bank’s operating profit.

The parent company boosted its net profit some 85 percent in the three months ended June 30 from the same period a year earlier. (ANI)

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Reserve Bank engaged in keeping inflation low

September 1, 2009 By admin Leave a Comment

New Delhi, Aug. 31 (ANI): Reserve Bank of India’s Deputy Governor K C Chakrabarty on Monday said the bank is faced with the challenging task of keeping inflation in check, when food price inflation has already reached around 10 percent.

“The food price inflation is already around 10 percent. Our key challenge is how to keep the inflationary pressure low,” he said while speaking at an event of the Institute of Banking.

He dwelt on a range of issues from drought to interest rates to government borrowings, and said the country would continue to grow at 6 percent-plus.

However, he pointed out that if the “drought affects the agriculture growth, it will partly affect the growth number”.

Commenting on interest rates, he ruled out any further cuts and said the central bank could even reverse its expansionary stance if the drought-induced inflationary prices go out of control.

“I don’t think today anybody is expecting interest rates to come down further,” he said.

Admitting the huge government borrowing to have exerted some pressure on interest rates, which have “already gone up a little-bit,” he said he expects interest rates to be stable as of now. (ANI)

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Two killed, four injured in two separate strikes on CRPF in Srinagar

September 1, 2009 By admin Leave a Comment

Srinagar, Aug 31 (ANI): At least two jawans of the Central Reserve Police Force (CRPF) were killed and four others injured in two separate militant strikes in Srinagar on Monday.

In a first incident, militants opened indiscriminate firing in Lal Chowk area, killing two CRPF jawans.

The militants also reportedly lob grenades on CRPF’s G/28 battalion, situated in Maisuma area injuring four jawans.

Following these incidents, the security forces cordoned off the Lal Chowk, and Aftab Market for search operations. (ANI)

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Susta region at Indo-Nepal border becomes a haven for criminal activities

August 25, 2009 By admin Leave a Comment

Susta (Nepal)/Gorakhpur (UP), Aug 24 (ANI): The disputed region of Susta Indo-Nepal border has become a safe haven for criminals who are a threat to wildlife as they indulge in activities like poaching, and smuggling of timber and cane.

Criminals in the adjoining Indian states of Bihar and Uttar Pradesh are now residing in Susta.either the governments of India nor Nepal are acting against these criminals.

“Through news medium you must have seen forest animals are being hunted. Apart from this there are many criminal acts which we don’t have proof about but are taking place,” said Harsh Kumar Sinha, Professor, Department of Defense Studies, Gorakhpur University.

The criminals also indulge in poaching of tigers and cutting of trees in the adjoining Valmiki tiger reserve of Valmiki Nagar in Bihar.

Both Nepal and India accuse each other of land encroachment.

The dispute over the 14, 000 hectares of land of Triveni-Susta – of Nepal’s Nawalparasi district and Valmiki Nagar owes its origin to Gandak River changing its course recently. (ANI)

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BJP announces list for assembly by elections

August 22, 2009 By admin Leave a Comment

New Delhi, Aug 22 (ANI): The Bharatiya Janata Party (BJP) on Saturday announced the list of candidates to the by elections to be held at four states of Bihar, Delhi, Gujarat and Madhya Pradesh.

Party General Secretary Ananth Kumar released the list of 11 candidates to the media in the national capital.

Kumar said party’s central election committee has authorized party president Rajnath Singh to decide the candidates for remaining six seats of Bodha Gaya, Begusarai, Aurai, and Bihar, Tendukeva in Madhya Pradesh and Jasden and Danta in Gujarat.

The BJP nominated party’s Minority Morcha National Secretary Mohd Irfan Ahmed for the Ohkhla seat in Delhi State Assembly.

The list stated:

Delhi – Dwaraka _ Pradyumna Singh Rajput, Okhla – Mohmd Irfan hmed

Bihar: Wahishwar Nagar (Reserve) Sanjay Paswan, Ramgarsh – Abhay ingh, Chinpur-Brij Kishore Bind,

Gujarat : Dhoraji – Jaisukhbhai Tesia, Kodihar- Natwar Singh Wala, Chotila-Varshmbhai Khurani, Sami -Bhairosingh Rathore, Dehagaon – Kalyan Singh Chouhan,

Madhya Pradesh Gohad- Sur Jatav Master (ANI)

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Prenatal malaria exposure ‘ups malaria, anaemia risk in some kids’

July 29, 2009 By admin Leave a Comment

Washington, July 28 (ANI): A new study led by an Indian origin scientist has unravelled the mystery behind why some children are more susceptible to malaria infection and anaemia.

Lead researcher Indu Malhotra from Case Western Reserve University School of Medicine suggests that children who are exposed to Plasmodium falciparum (P. falciparum) malaria before birth become tolerant to the malaria parasites, or their soluble products.

This tolerance, which persists into childhood, reduces the ability of the immune system to attack and destroy parasites and increases the susceptibility of these children to develop a malaria infection.

It also increases their risk for anaemia.

“This is the first time it has been shown why some children are more susceptible to malaria and anaemia than other children,” said Malhotra.

“This study is timely given President Obama’s Global Health Initiative to assist developing countries to control malaria, one of the ‘big three’ diseases,” she added.

The researchers investigated how prenatal malaria exposure affects anti-malaria immunity in young children and their susceptibility to subsequent malaria infections.

They studied 586 Kenyan newborn babies, the researchers identified those children who had been exposed to P. falciparum malaria in utero.

The babies were classified into three groups: “sensitized” – those babies whose cord blood cells produce activating cytokines in response to the malaria antigens; “exposed, not-sensitized” – babies whose bodies did not produce activating cytokines but made an inhibitory cytokine; and “not-exposed”- babies born to mothers with no P. falciparum malaria infection at delivery.

The study involving Malhotra, Christopher King and colleagues from Case Western Reserve University School of Medicine and Kenya Medical Research Institute and Division of Vector Borne Diseases showed that in first three years of life, the “exposed, not-sensitized” group had a 60 percent greater risk of malaria infection than the “not-exposed” group and a slightly higher risk of malaria infection than the “sensitized” group.

They also had lower hemoglobulin levels, a sign of anaemia, than the other babies. The T cells of “exposed, not-sensitized” children were less likely to make activating cytokines in response to malaria antigens.

The study appears in the open access journal PLoS Medicine. (ANI)

Filed Under: Health News Tagged With: ability, access, anaemia, ANI, birth, blood, blood cells, borne, case, case western reserve, case western reserve university, case western reserve university school of medicine, childhood, Christopher King, cord, cord blood, cytokine, cytokines, delivery, diseases, division, exposure, falciparum, Falciparum Malaria, Global, global health initiative, group, Health, hemoglobulin, immunity, indian origin, indu, infection, inhibitory, initiative, institute, journal, July, kenya, Kenya Medical Research Institute, Kenyan, life, malaria, malaria infection, Malaria Infections, malaria parasites, malhotra, medical, Medical Research Institute, medicine, mystery, newborn babies, Obama, origin, percent, Plasmodium, PLoS, prenatal, President Obama, Research, researcher, reserve, response, risk, school, school of medicine, scientist, sign, study, susceptibility, system, the, time, tolerance, tolerant, University, utero, vector, Vector Borne Diseases, Washington, western, western reserve university

UPSC ~ Jobs in UPSC ~ UPSC Recruitment ~ Union Public Service Commission Recruitment 2009 ~ Jobs in Union Public Service Commission at www.upsc.gov.in ~ Union Public Service Commission

July 14, 2009 By admin Leave a Comment

UPSC ~ Jobs in UPSC ~ UPSC Recruitment ~ Union Public Service Commission Recruitment 2009 ~ Jobs in Union Public Service Commission at www.upsc.gov.in ~ Union Public Service Commission

Job Vacancy in UPSC-Union Public Service Commission Advt. No. 13/2009

Union Public Service Commission (UPSC)

Advt. No. 13/2009

Applications are invited by UPSC for the following posts:

1. Computer Programmer
Vacancy: 01 posts
Department: Soil and Land Use Survey of India, Deptt. of Agriculture & Cooperation, Ministry of Agriculture
Pay Scale : PB-3 Rs.15600-39100 Grade Pay Rs.6600
Age Limit : 40 years.
2. Master (Computer Science)
Vacancy: 01 post
Department: Rashtriya Indian Military College, Dehradun, Ministry of Defence
Pay Scale : Rs.15600-39100 Grade Pay Rs.5400
Age Limit : 35 years.
3. Sr. Scientific Officer Gr.I (Instrumentation)
Vacancy: 01 post
Department: Directorate General of Quality Assurance, Department of Quality Production, Defence Quality Assurance Service, Ministry of Defence
Pay scale : Rs.10000-15200
Age Limit : 40 years.
4. Sr. Scientific Officer Gr.I (Armament)
Vacancy: 04 posts
Department: Directorate General of Quality Assurance, Department of Quality Production, Defence Quality Assurance Service, Ministry of Defence
Pay scale : Rs.10000-15200
Age Limit : 40 years.
5. Sr. Scientific Officer Gr.I (Gentex)
Vacancy: 02 posts
Department: Directorate General of Quality Assurance, Department of Quality Production, Defence Quality Assurance Service, Ministry of Defence
Pay scale : Rs.10000-15200
Age Limit : 40 years.
6. Sr. Scientific Officer Gr.I (Engineering)
Vacancy: 07 posts
Department: Directorate General of Quality Assurance, Department of Quality Production, Defence Quality Assurance Service, Ministry of Defence
Pay scale : Rs.8000-13500
Age Limit : 40 years.
7. Sr. Scientific Officer Gr.I (Electronics)
Vacancy: 01 post
Department: Directorate General of Quality Assurance, Department of Quality Production, Defence Quality Assurance Service, Ministry of Defence
Pay scale : Rs.10000-15200
Age Limit : 40 years.
8. Specialist Gr.II (Psychiatry)
Vacancy: 01 post
Department: Department of Health CHS (Non-Teaching specialist Sub-cadre) Ministry of Health & Family Welfare
Pay scale : Rs.15600-39100Grade Pay Rs.6600 + NPA
Age Limit : 48 years.
9. Assistant Professor (Neurology)
Vacancy: 02 posts
Department: Specialist Gr.II of CHS (Teaching Specialist Sub-Cadre), Ministry of Health and Family Welfare
Pay scale : Rs.15600-39100 Grade Pay Rs.6600
Age Limit : 50 years.
10. Junior Analyst (Technical)
Vacancy: 04 posts
Department: Deptt. of Science & Technology, Ministry of Science & Technology
Pay scale : Rs.9300-34800 grade pay Rs.4600
Age Limit : 30 years.
11. Research Officer (Engineering)
Vacancy: 05 posts
Department: Central Soil and Materials Research Station, Ministry of Water Resource,
Pay scale : Rs.15600-39100 grade pay Rs.5400
Age Limit : 35 years.
12. Assistant Executive Engineer (Civil)
Vacancy: 83 posts (SC-12, ST-6, OBC-22)
Department: General Reserve Engineer Force of BRO, Ministry of Shipping, Road Transport and Highways
Pay scale : Rs.8000-13500
Age Limit : 35 years.
13. Assistant Executive Engineer (Electrical & Mechanical)
Vacancy: 22 posts (SC-3, ST-2, OBC-6)
Department: General Reserve Engineer Force of BRO, Ministry of Shipping, Road Transport and Highways
Pay scale : Rs.8000-13500
Age Limit : 35 years.

Last date is: 30/07/2009

(More detailed information
http://www.upsc.gov.in/recruitment/advt/2009/advt1309.htm

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Government set to spend more to boost economic growth: Mukherjee

July 11, 2009 By admin Leave a Comment

New Delhi, July 11 (ANI): Union Finance Minister Pranab Mukherjee on Saturday said that the government would resort to more borrowings to increase ‘public expenditure’ for a higher economic growth.

The minister said this while addressing the Central Board of Directors of the Reserve Bank of India here in the national capital on Saturday.

“Obviously I choose to come back to the path of our growth trajectory. And as the private investment cannot be expected to meet the full requirement in immediate time, that’s why it was decided to step up the public expenditure and it had to be depended heavily on larger borrowing, but we will manage it with the cooperation and support and competence of RBI,” Pranab Mukherjee said.

“There should not be any apprehension that private sector would be crowded out. We will meet requirements of the private sector from the market and government borrowing will be managed in such a manner that there is no deception in the market in favour of government’s borrowings,” he added.

Earlier on July 2, the finance ministry had said that growth could rise to 7 percent this year-towards the high end of the range of private forecasts-and subsequently increase to 8.5 to 9 percent if the government adopted sweeping reforms and accelerated infrastructure development.

The government had slashed factory duties and stepped up public spending to pump the economy as the growth rate tripped to 6.7 percent in 2008-09 from 9 percent or more seen in the previous three years. (ANI)

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Mukherjee to address RBI Directors today

July 11, 2009 By admin Leave a Comment

New Delhi, July 11(ANI): Union Finance Minister Pranab Mukherjee will address the Central Board of Directors of the Reserve Bank of India, this morning.

This is the post budget customary meeting of the Central Board of Directors with the Finance Minister.

Mukherjee is likely to discuss macro economic picture as well as the interest rates with the Board Of Directors.

The directors are expected to discuss ways and means of facilitating the government’s large borrowing programme.

In the recent budget, Mukherjee announced the borrowing of four lakh crore, from different financial institutions.

Officials of the Finance Ministry and the RBI are scheduled to meet on July 17 to draw the road map for Government’s borrowing.

The RBI sources said it would ensure that the needs of productive credit would be met. And the RBI is reviewing the situation and would use available instruments to conduct the borrowing programme in a non-disruptive manner.

Corporate world has expressed its fear about the large scale borrowing of the Government form the financial institutions within the country. (ANI)

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German Chancellor meets Manmohan Singh at G8-G5 summit

July 10, 2009 By admin Leave a Comment

L’aquila, July 10 (ANI): German Chancellor Angela Merkel and Indian Prime Minister Dr. Manmohan Singh met on the sidelines of the G8-G5 summit here on Thursday.

They reportedly discussed bilateral issues and topics pertinent to the summit.

Leaders of the world’s richest nations and major developing powers would have on the table issues like global warming and international trade, with the poorer countries seeking concessions.

U S President Barack Obama would chair the climate discussions, but hopes of agreeing on ambitious emission-reducing goals have faded after China and India rejected demands to halve their emission of greenhouse gases by 2050.

The talks have been broadened to include the heads of new economic powerhouses in recognition that the world’s problems can no longer be dealt with by an elite few.

The fragile state of the global economy dominated the first day of the annual G-8 summit, with the United States, Japan, Germany, France, Britain, Italy, Canada and Russia acknowledging that were still significant risks to financial stability.

The 17-member Major Economies Forum (MEF), which groups the G-8 plus big developing nations, also looks set to embrace the two Celsius goal on Thursday, but is balking at making further commitments ahead of a decisive U.N. climate conference in December.

Progress has been hampered by the absence of Chinese President Hu Jintao, who withdrew from talks to attend to ethnic clashes in China’s northwest that have killed 156 people and wounded over a thousand.ndian negotiators said developing countries first wanted to see rich nation plans to provide financing to help them cope with ever more floods, heatwaves, storms and rising sea levels.

Broader economic concerns are also high on the agenda, with emerging nations complaining that they are suffering heavily from a crisis that was not of their making.

China, India and Brazil have all questioned whether the world should start seeking a new global reserve currency as an alternative to the dollar. They have said they may raise this on Thursday after having discussed it amongst themselves on July 8.

The debate is highly sensitive in financial markets, which are wary of risks to U.S. asset values, and the issue is unlikely to progress very far in L’Aquila.

However, a breakthrough on trade may be within reach. Diplomats say the G-8 and G-5 should agree to conclude the stalled Doha round of trade talks in 2010. Launched in 2001 to help poor countries prosper, they have stumbled on proposed tariff and subsidy cuts. By Naveen Kapoor (ANI)

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Obama, Manmohan cozy up at G8-G5 summit

July 10, 2009 By admin Leave a Comment

L’aquila, July 9 (ANI): US president Barack Obama and Indian Prime Minister Manmohan Singh cozied up to each other at a summit of the G8-G5 groupings at L’Aquila in Italy on Thursday.

Leaders of the world’s richest nations and major developing powers would have on the table raging issues like global warming and international trade, with the poorer countries seeking concessions.

US President Barack Obama would chair the climate discussions, but hopes of agreeing ambitious goals have faded after China and India rejected demands to halve the emissions of greenhouse gases by 2050.

The talks come on the second of a three-day Group of Eight summit, with discussions broadened to include the heads of new economic powerhouses in recognition that the world’s problems cannot no longer be dealt with by an elite few.

The fragile state of the global economy dominated the first day of the annual G8 summit, with the United States, Japan, Germany, France, Britain, Italy, Canada and Russia acknowledging that were still significant risks to financial stability.

The 17-member Major Economies Forum (MEF), which groups the G8 plus big developing nations, also looks set to embrace the two Celsius goal on Thursday, but is balking at further commitments ahead of a decisive U.N. climate conference in December.

Progress could be hampered by the absence of Chinese President Hu Jintao, who withdrew from talks to attend to ethnic clashes in China’s northwest that have killed 156 people and wounded over a thousand.

Indian negotiators said developing countries first wanted to see rich nation plans to provide financing to help them cope with ever more floods, heatwaves, storms and rising sea levels.

Broader economic concerns are also high on the agenda, with emerging nations complaining that they are suffering heavily from a crisis that was not of their making.

The debate is highly sensitive in financial markets, which are wary of risks to U.S. asset values, and the issue is unlikely to progress very far in L’Aquila.

However, a breakthrough on trade may be within reach. Diplomats say the G8 and G5 should agree to conclude the stalled Doha round of trade talks in 2010. Launched in 2001 to help poor countries prosper, they have stumbled on proposed tariff and subsidy cuts. (ANI)

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Credit Policy: RBI sees sticky inflation; risks to upside

Banking transforms lives in rural areas in northeast

Manipur police personnel behind Imphal bomb attack

Tribals attend RBI’s financial outreach camp in Tripura

Hamilton says he can still take the F-I title

Lunar clock to be built by River Thames by 2012

Intensified search operations for missing Andhra CM resume

Sonia Gandhi to visit Hyderabad on Thursday morning

Bank of Baroda becomes a registered bank in New Zealand

Reserve Bank engaged in keeping inflation low

Two killed, four injured in two separate strikes on CRPF in Srinagar

Susta region at Indo-Nepal border becomes a haven for criminal activities

UPSC ~ Jobs in UPSC ~ UPSC Recruitment ~ Union Public Service Commission Recruitment 2009 ~ Jobs in Union Public Service Commission at www.upsc.gov.in ~ Union Public Service Commission

Government set to spend more to boost economic growth: Mukherjee

Mukherjee to address RBI Directors today

German Chancellor meets Manmohan Singh at G8-G5 summit

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