Major News and Events of 15 November 2012
What Happened on 15 November 2012
BJP plans anti-government protest Nov 21
Diwali could not boost the realty sector: Survey
Banks hit by slowdown; sharp increase in bad loans, government to infuse capital
India in the final of Sultan of Johar Cup
International percussion artists to jam in Kolkata
'Start-up Weekend' in Hyderabad from Friday
Shiv Sena chief Bal Thackeray's condition was improving and was responsive to treatment, party leaders said on Friday. Anxious people kept thronging his residence Matoshri and parts of the city remained closed. The senior party leader Subhash Desai said Thackeray was having breathing problems and team of doctors was constantly attending to him and his condition was "gradually improving".Other leaders, including Shiv Sena MP Sanjay Raut and Maharashtra Navnirman Sena chief Raj Thackeray, also Thackeray's nephew,gave assurance to the people that his condition was "stabilizing". VVIPs, industrialists and film personalities continued to visit the Thackeray residence
The BJP has announced a nationwide protest on Nov 21, a day prior to parliament's winter session. This will be against the UPA government on "price rise, corruption, scams, and FDI in retail".Party president Nitin Gadkari will also participate in the agitation in Itanagar in Arunachal Pradesh. Bharatiya Janata Party (BJP) vice-president Mukhtar Abbas Naqvi informed that the protests will be held across all districts of the country.They will focus on the government's decision to put a cap on subsidized cooking gas cylinders, allegations against Prime Minister Manmohan Singh in coal blocks allocations, and charges against a member of Congress president Sonia Gandhi's family. Naqvi also said that the "attack" by the Congress on constitutional authorities is also part of the protest. Prominent BJP leaders will spearhead in major urbancenters, Gadkari will coordinate in Itanagar, capital of Arunachal Pradesh.
Aggressive marketing, promo offers failed to boost up the real estate sector in the country ahead of Diwali, as per survey by Assocham. Builders and investors expected a 100 percent jump in demand ahead of the festival but it increased only by 20 percent due to high prices of houses in and around the national capital region (NCR).Major factors for the low response were high land prices and the unprecedented rise in cost of construction materials, iron and cement.The survey was done in Delhi-NCR, Mumbai, Bangalore, Chennai, Kolkata, Ahmedabad, Hyderabd, Pune, Chandigarh and Dehradun.
The slowdown in economic growth has affected the performance of Indian banks that led to a sharp increase in bad loans as stated by Finance Minister P. Chidambaram. He also informed that the government would soon inject capital into the lenders. NPA (nonperformingassets) or bad loans were on the rise and increased by 0.98 percent at the end of the second quarter of the current financial year from that of September-end 2011. Sectors like infrastructure, steel, construction, textiles, food processing and telecom were affected and were largely responsible for the increase in NPAs of the public sector banks.
Indian hockey's junior men's team got into the final of second Sultan of Johar Cup here as they defeated New Zealand 3-1 in their fourth league match played at the Taman Daya Hockey Stadium on Thursday. Mandeep Singh scored the goal in the 19th minute, in the 27th minute Harjeet Singh got the target for India while skipper Manpreet Singh scored in the 34th minute putting 3-0 on board till half-time.In the second half Benedict Van Woerkom scored the only goal for New Zealand. India is the only undefeated team in the competition with ten points from four games with their two earlier wins that is 2-0 win over Australia, 3-1 win over five times world junior champions Germany and a goalless draw against Pakistan.Before the final on Nov 18, India will meet Malaysia in their last league match Nov 17.
Three of the best international percussionists will be in Kolkata to celebrate drums and rhythms with the "Mighty Trio on Drums" concert at the Rabindra Sarobar on Dec 1.The live open air event will have American drummer and percussionist Greg Ellis, English percussionist and recording artist Pete Lockett and Indian tabla player and percussionist Bickram Ghosh.100 drums of different types, including acoustic and electric, will accompany the trio at the concert which is organised by Kolkata Metropolitan Development Authority (KMDA) in partnership with the Calcutta Classical Guitar Society (CCGS). There will be a performance by renowned American contemporary danseuse Doris Martel as well.
Science and Technology
Progress Software India, a global software company, is organizing the 'Start-up Weekend' from Nov 16 to 18 at its campus in Hyderabad to create a start-up ecosystem in the country.The winning ideas will acquire an entry to compete at the Global Start-up Battle scheduled to be held in Rio, Brazil.The Startup Weekend will be organized in over 100 cities with more than 10,000 participants and 1,200 teams across the globe. The idea which will be the winner will get to compete on a global platform.The top 10 pitches will be sorted out by voting and team formation will be done on the basis of selected ideas.These teams over the next two days, will interact with mentors, target and acquire customers and try to come up with a minimum viable product.All the teams will be able to make presentations before a team of entrepreneurs, venture capitalists and angel investors, who will then choose the top three ideas.