Friday, December 9th, 2011

HEADLINES

• Parliament stalled again; opposition demands chidambaram's resignation.
• Blow to Aadhar project as bill is rejected
• Food inflation comes down to 6.6%

NATIONAL NEWS

• Australia woos Indian students with new post study – work deal
  • The Australian government has review the Knight review of the student visa programme.
  • As per the Knight review recommendations all students who have spent atleast two academic years studying will be given two years of work right, research graduates three years of work right and for the P.hd students four years of work right.

• Parliamentary panel wants domestic workers brought under the bill against sexual harassment
  • India has voted in favour of the ILO's decent work for domestic workers.
  • The definition of the employee, employer and work place should be changed to bring the domestic workers within the bill.
    
    
• Blow to Aadhar project as bill is rejected
  • The parliamentary committee has rejected the National Identification Authority of India bill, to give legal authority to Aadhar project
  • The bill is rejected because of the projects high cost, concerns regarding national security, privacy and duplication of the National population register's authority.
    
    
• CAG Vinod Rai elected U.N external audit panel chief
  • India's CAG has been elected as the the chairman of the panel external auditor of the united nations.
  • Apart from Rai, Jagbans Singh the director general has been elected as the chairman of the technical group of the panel.
    
    
• Bills on CWC and Exim bank introduced
  • A bill seeking the mini ratna company Central Warehousing Corporation (CWC) an independent body without government being the guarantor was introduced in the Lok shabha.
  • The government also introduced another bill to increase the authorised capital of the export import bank of India (EXIM) from Rs.2000 crore to Rs. 10,000 crore.

• States have 4 weeks to enforce number plate scheme.
  • The supreme court has ordered all the states to implement the scheme of having tamper proof, high security number plates

• Air India, Kingfisher's bank account frozen by service tax department for failure to pay up levy to the tune of Rs.220 crore.

INTERNATIONAL NEWS

• Preeta Bansal, eminent Indian lawyer has been appointed by the US president as a member of the advisory council of the administrative conference of the United states.
  
  
• Fossil hunters find super predator's eyes.
  • A pair of ancient compound eyes that belonged to the world's first super predator have been discovered by the fossil hunters in Australia.
  • Anomalocaris was a soft bodied marine beast had eyes on stalks.

EDITORIALS, OPINIONS AND COLUMNS

• An opinion on the latest controversy of internet monitoring

BUSINESS NEWS

• 100 % FDI in single brand retail likely with riders.
• FDI worth 6500 crore in power sector cleared.