Major News and Events of 06 July 2014
What Happened on 06 July 2014
Akshay Kumar sings in woman's voice
RBI to swap old gold with new one
Technology Firms in India seek clarity on taxes and GST
Wimbledon men's title goes to Novak Djokovic
Fresh Poverty Line: Rs. 32 in rural and Rs. 47 in urban areas
Gujarat Governor Dr Kamla Beniwal has been transferred to Mizoram to serve the remainder of her term. Vakkom Purushothaman who was holding the position of Governor of Mizoram has been shifted to Nagaland. Margaret Alva, present Governor of Rajasthan has been given the additional responsibility to discharge the functions of Gujarat till new arrangements are made in the the state. Recently, the Governors of few states have been asked to step down as they were appointed by the Congress government. 87-year-old Beniwal was reported to have bitter relationship with former Gujarat CM Narendra Modi over the appointment of Lokayukta in the state.
Bollywood actor Akshay Kumar lip-syncs to woman's voice for a song in his upcoming film It’s Entertainment. The song Johnny Johnny based on a famous nursery rhyme has been sung by Akki in a fun avatar. It has lines such as ‘haanji main peela di gayi’, ‘maine pee nahi’ The catchy number has already jumped four million likes online. The movie has been directed by the duo of Farhad-Sajid.
With a view to standardise the stock of the yellow metal, the Reserve Bank of India (RBI) has decided to swap the reserves of old gold with new one. To optimise the management of the gold reserves, the Central Bank has informed the nominated banks to provide the quotes for swapping of gold. As per the proposal, RBI will exchange comparatively impure gold from its vault in Nagpur and will get the purer form of yellow metal. RBI has a gold reserve of $20.79 billion and forex reserve of $315.77 billion by June 27. During the month of May, the import of gold slumped to 72 per cent due to government restrictions.
Science and Technology
The companies dealing in technology are seeking clarity over the execution of the Goods and Service Tax (GST) taxes on licences of software and the infrastructural development in small cities, in the upcoming budget. Technology giants like BlackBerry and Microsoft and industry bodies like Nasscom expect the Modi government to focus on the Information and Communications Technology (ICT) for the economic growth. The government had earlier indicated that it will boost the electronic manufacturing industry to check the dependency on imports and treat this industry on priority.
Serbian Tennis player Novak Djokovic has won the Wimbledon title for the second time. He shattered the Swiss star Roger Federer’s dream of a record victory for the eighth time. Djokovic held on for a 6-7 (7), 6-4, 7-6 (4), 5-7, 6-4 victory and later carried the golden trophy. After winning the match, he fell on his knees and ate the pinch of the grass of the court. He was greeted by the Duke and Duchess of Cambridge who also attended the Wimbledon final. Altogether it was a hard fought battle and the audience was totally engrossed in it.
Dr C. Rangarajan, Chairman of the Prime Minister’s Economic Advisory Council, presented his report on the level of poverty in India. The report found that the 29.5 per cent of the total population lived below the poverty line (BPL) in 2011-2012, whereas the Planning Commission had estimated the statistics to be 21.9 per cent using the Tendulkar panel methodology. Under the Tendulkar methodology, a person was considered poor if his daily expenditure was below Rs 27 in rural areas and Rs. 33 in urban areas. While according to the Rangarajan Committee, the BPL category can be counted if a person’s daily per capita expenditure is below Rs 32 in rural areas and Rs 47 in urban areas.