CHIEF MINISTER OOMEN CHANDY ADDRESSING THE GATHERING.

EMERGING KERALA GLOBAL CONNECT.

The Government of Kerala is organising the first edition of the Emerging Kerala  Global Connect from September 12 th  to 14th at Hotel Le Meridian-Kochi.

Emerging Kerala is envisioned as a biennial event which seeks to bring together thought leaders,people who matters in various sectors,key influencers,stakeholders and decision makers on to a single platform to derive ideas and thoughts and prompt action for turning Kerala into a global hub of economic activity.

The Chief Minister of Kerala Mr. Oomen Chandy, the Industries & IT  Minister Mr.P.K.Kunhalikutty along with the senior bureaucrats of the state met the Captains of IT industry here and made presentation about the investment oppurtunities in Kerala.

The  Meet in Kochi - Kerals will be inaugurated by the Prime Minister Dr.Manmohan Singh.
Kerala State Industrial Development Corporation (KSIDC) will be the nodal agency for the summit which is collaborating with CII  and NASSCOM.

RESERVE BANK OF INDIA MUST REDUCE THE LENDING  INTEREST RATES.

If the economy has to turnaround,the manufacturing sector and the service sector should show good performance. But the high interest rates for borrowing is hampering growth.RBI should seriously consider reducing interest rate.

BUSINESS CONFIDENCE ERODE IN  LAST SIX MONTHS- ASSOCHAM BIZ SURVEY.

According to the survey, 51.6 % respondents in the survey said the macro economic situation is worse than what was prevailing six months back,though 40.3% stated that they are optimistic about the  future.

The sectors like automobiles,realty and consumer durables are the worst affected  by high cost of credit .

THE BANDHAVGARH NATIONAL PARK is located in the district of Sahdol in Madhya Pradesh in India.It is declared as a Tiger Reserve under Project Tiger in 1993.

INDIA THIRD MOST PREFERRED DESTINATION FOR INVESTMENT.

According to a survey conducted by Mr. Nagesh Kumar,Chief economist UNESCAP in 179 countries,India is the Third most preferred destination for Foreign Direct  Investment by Global Industrial Giants  after China and the United States of America. This was published in United Nation's Conference on Trade and development (UNCTAD) World Investment Report for 2012.
Source : ANI and Yahoo News.

                                                             SOUTH WESTERN RAILWAY.                                                      
 

REVISION IN OPENING TIME FOR BOOKING OF TATKAL TICKETS.

According to press release of S.W.Railway,with effect from 10.07.2012,booking of tatkal tickets will commence at 10.00 Hrs on the previous day of the journey from train originating station instead of 08.00 Hrs.

No authorised agents including agents of Indian Railway  Catering & Tourism Corporation(IRCTC) and Rail Travellers' Agents (RTA)/ Rail Travelers' Service Agents(RTSA) will be allowed to book Tatkal tickets between 10.00 hrs and 12.00 hrs.

The existing restriction of not allowing the agents for booking of general tickets on the opening day between 08.00hrs and 10.00hrs will  also continue.

Looking at the World from its cosy comfort

ROGER FEDERER WINS WIMBLEDON SINGLES TITLE FOR THE SEVENTH TIME.
By defeating Andy Murray Roger Federer  equals the record of Pete Sampras.He is the oldest winner of Wimbledon title after Arthur Ashe in 1975.
Source:Yahoo sports.

OUT ?

KARNATAKA TO HAVE NEW CM NEXT WEEK ?

Karnataka will have third Chief Minister in four  years during next week.As next year will be an election year in Karnataka,the BJP high command feels that the state should have a Lingayat Chief Minister who is acceptable to the former CM B.S.Yediyurappa. Hence in all probability the present Chief Minister Sadananada Gowda  may be replaced by Jagdish Shettar.

A MOTOR BIKE COSTING RS.1.6 CRORES.

The engine is a 2 litred,machined from solid billet aluminium,chassis is a 4130 chrome moly TIG wielded by hand,fully adjustable forks and rear shocks,dual 6 piston front brakes with 12 individual brake pads and does 0 -100 in 2.8 seconds.

Source: Yahoo News.

AIR INDIA PILOTS END STRIKE - ANY LESSONS LEARNT?.

Air India Pilots have  ended the 58 day strike after the intervention of the court.The country lost about Rs.600 crores due to the strike.Who should be made accountable for the loss?.The government,the Air India Management and the pilots should be made responssible for the inconvenience caused to the public.This strike has posed few vital questions.They are:
1. Is Air India still relevant in the country.?.
2. Does the merger of Indian Airlines with Air India is a mistake?.
3. Is the backseat driving by the government (both politicians and 
    bureaucrats  included ) is the cause of this mess?.
4. Are the unions and Indian Pilots Guild in Air India has become 
    unmanageable?.
5. What is the role of  Parliamentary Committee on Civil Aviation 
     Ministry in the whole episode?.

Now,it is time for  taking few serious decisions like demerger of Indian Airlines from Air India and privatisation of Air India like Luftansa,Air France etc.By privatisation I mean like in Banks where the government still holds controlling interest.The government can hold 51%  and the remaining 49% can be offered to public by an IPO.

The airlines should be free from the government (both politicians and bureaucrats ) control and it should be run professionally. Is this asking too much?.

US PRESIDENT BARACK OBAMA MEETS RUSSIAN PRESIDENT VLADIMIR PUTIN IN LOS CABOS MEXICO WHILE ATTENDING THE G 20 SUMMIT.

Source:Rediffnews.