Tuesday, Oct 11th 2011

HEADLINES

• Congress to finalize on Telengana shortly
• Kasab's death sentence suspended
• CBI Names Marans in the FIR. Search their premises.
• Lokpal panel release audio tapes

NATIONAL NEWS

• New policy rings in free roaming
  • The draft national Telecom policy 2011 will remove national roaming charges, make broadband available for demand, bring in a one nation, one licence policy and allow mobile numbers to be ported to any part of the country
  • It proposes to afford the telecom industry the status of a infrastructure sector helping it get easy credit flow for funding roll out plan or extension.
  • The telecom operators would not require separate licence for operations in various parts of the country, and a single licence across the country would suffice.

• SRM University's satellite to take to the skies
  • SRMSAT, the first ever private satellite by an Indian private university is to be launched in to space in the PSLV – C18
  • SRMSAT is a Nano satellite designed to monitro the green house gases, carbon dioxide, water vapour in the tropics using a grating spectrometer.
  • PSLV- C18 will also carry the Indo – French satellite Megha Tropiques

INTERNATIONAL NEWS

• Joint group to work on India – Sri lanka fishing issues
  • The India – Srilanka joint working group will meet to sort out the fishing issues between the two countries.
  • The Indian government has also promised to take up repair work of the 79 damaged schools in the Northern war ravaged areas of Sri Lanka

• Russia China to Sign pact on technological modernisation.
  • Russia and China would sign a sweeping cooperation pact on technological modernisation, which might have far reaching implications for India's relationship with Russia.
  • Problems in getting high end technologies from the west and the impressive economic progress made by China are the major reasons for Russia for agreeing the terms.
  • China is Russia's largest trading partner

• Two Americans Share economics Nobel
  • American Economicst Thomas Sargent and Christopher Sims were awarded Nobel for their path breaking working on developing tools that policy makers are using frantically today in a bid to extricate the economy from the persistent global economic downturn.

EDITORIALS, OPINIONS & COLUMNS

• An Op-ed on Megha – Tropiques and its working
• Avoidable downgrade – article on downgrading of SBI's credit worthiness

EMINENT PERSONS IN THE NEWS

• Jagjit Singh, India's great Gazal singer dead.
• Environmentalist and lawyer Mohan Dhariya has been awarded the Indhira Gandhi award for national integration.
• Pedro Verona Rodriguez Pires was awarded a prize of $5 Million for good governance and turning Cape Verde, a small Island nation in to a model of democracy , stability and prosperity

ECONOMY & BUSINESS NEWS

• 600 million high speed internet connections by 2020.
• India – Czech agree to liberalize Visa regime.
  • India and Czech Republic on Monday agreed to liberalise the business visa regime and set a $2-billion target for bilateral trade by 2012 to enhance their economic cooperation and widen the exchange at various levels.