Major News and Events of 30 October 2012
What Happened on 30 October 2012
IAC directs attack on Mukesh Ambani, accuses government of crony capitalism
Assam supports hike in power tariff
CNG price hiked 2.57 percent in Mumbai
India's Test team will only improve with time: Dhoni
Film committees discuss for regulations to check movie theft
Television blackout in four metros as digitization deadline ends
Gadkari deputes Jaitley to end Karnataka impasse
Mamata warns media against distortion of her comments
RBI eases money supply but rates unchanged
Maruti Suzuki's second quarter net profit dipped by 5.41 percent
Pakistan cricket tour of India in Dec-Jan
Shooting of 'Paani' to begin April 2013
Microsoft launches Windows Phone 8
Cyclone Nilam passed over the Tamil Nadu coast, north of Chennai on Wednesday evening between Mamallapuram and Kalpakkam. It did not cause any serious destruction. As of now two rain-related deaths were reported in Tamil Nadu from Villupram and Thiruvannamala districts and a crew member of Prathibha Cauvery ship that ran aground lost his life while abandoning the vessel along with 22 others in a life boat.In Andhra Pradesh, there was no casualty or crop damage.Around 100 trees and some electric poles collapsed due to the strong winds. Estimation of destruction was yet to be donebut the damage may not be that much as was caused by Cylcone Thane in December last year.
India Against Corruption on Wednesday directed its attack on Reliance Industries chairman Mukesh Ambani alleging that S. Jaipal Reddy was removed as petroleum minister for refusing a RIL's proposal to hike gas charges. It also accused the government for supporting "crony capitalism."IAC's Arvind Kejriwal and Prashant Bhushan put forth their demand that the Krishna-Godavari (KG) basin allocated to Reliance Industries be taken off and accused the UPA government for giving contract on gas exploration in KG Basin and concessions amounting to a huge cost to the exchequer. They said that Reliance was "blackmailing" the government to increase the price of gas by "almost stopping" the production and resorting to "hoarding like petty traders."
Assam government in support of the decision of its energy distribution company to hike tariffs, specified that this was necessary to offset high input costs.Power Minister Pradyut Bordoloi stated that the hike declared by Assam Power Distribution Company Ltd (APDCL) was only 27 paise per unit.The current average tariff of all segments is Rs.4.01 per unit and the last hike was in May 2011. As the price of natural gas per thousand cubic metre had increased to around Rs.6,400 from around Rs.3,800 in the last couple of years and there was increase in price of coal as well.The hike is done under the Fuel and Power Purchase Price Adjustment (FPPPA) and AERC has approved the hike.
Mahanagar Gas Ltd. has increased the the price of compressed natural gas (CNG) by 2.57 percent. The hike will be effective from midnight of Wednesday-Thursday. This would lead to a hike of 85 paise per kg in Mumbai and now it will cost Rs.33.95 per kg here. This would have an effect on 2.60 lakh vehicle owners. There won't be any increase in prices of piped natural gas (PNG) used for cooking by around 600,000 customers in and around Mumbai.The new prices of CNG will be: Mumbai - Rs.33.95 per kg, Thane - Rs.34.12, Mira-Bhayander - Rs.34.37, Navi Mumbai-Kharghar - Rs.34.29 and Bhiwandi - Rs.34.97. MGL stated that even after the increase, CNG remains 69 percent and 42 percent cheaper as compared to petrol and diesel, respectively.
India captain Mahendra Singh Dhoni stated he was satisfied with how the team was performing in the shorter formats and gradually it will translate into Tests as well. In response to Sunil Gavaskar's comments that the Indian Test team appeared most vulnerable in three decades, Dhoni said on Wednesday that "on paper it might look the weakest" but he had confidence that the team will only improve with time. He accepted that with the retirement of Rahul Dravid and V.V.S.Laxman they may appear a weak side but on field the team was very different and confidence was gradually building and the team will only improve with time. Dhoni also specified that the team was ready for the hectic six months schedule during which England, Pakistan and Australia will visit India. The four-match Test series against England starts Nov 15.
Taking note of the increasing content theft in India through camcording in cinema halls, as well as increased piracy, multiple committees are speculating possibilities of specific provisions for anti-camcord regulations in the Indian Cinematograph Act 2010. A discussion on the issue was held by the Federation of Indian Chambers of Commerce and Industry's Intellectual Property Rights (FICCI-IPR) division along with the Ministry of Information and Broadcasting. The organizer was Motion Picture District Association (MPDA-India). It was discussed that Hong Kong, Malaysia and Japan are examples where anti-camcord legislation has curtailed largely the number of camcording incidents in cinemas. 90% of movie piracy is done with camcord recordings which are uploaded online within hours of movie release.
Science and Technology
Television sets which don't have set top boxes (STBs) in households across Delhi, Mumbai and Kolkata went blank as the switch over deadline to cable TV digitization ended October 31, midnight.Though in some areas of Kolkata, the television sets without STBs were found to be working.20% of the households have not installed STBs in Mumbai.Information and Broadcasting Ministry's data for all the four metros showed up to 94% digitization of cable TV households including Direct To Home (DTH) connections.TV viewers in Chennai who have not installed STB have got some days to do so as the Madras High Court granted extension of the deadline till November 5 for the process of digitization of TV signals.The Bombay High Court, however, did not agree to grant more time to cable network providers in the city to transfer to digital addressable system (DAS). But the Union government was asked to consider some relaxation during Diwali.Delhi has achieved a 97% digitization (including DTH connections) while in Kolkata it is up to 85%.
After skipping the poll campaign in Himachal Pradesh, BJP president Nitin Gadkari on Tuesday did not come to Delhi to meet party leaders from Karnataka. There B.S. Yeddyurappa is apparently keen on floating a new party. Gadkari authorized party leaders Arun Jaitley and Dharmendra Pradhan, who is in charge of Karnataka, to look into the political situation on his behalf. Though he was expected to meet Karnataka leaders, including Chief Minister Jagadish Shettar, and BJP state unit chief K.S. Eshwarappa on Tuesday.As per the sources the Karnataka leaders requested the central leadership to take steps to prevent Yeddyurappa from leaving the party.
West Bengal Chief Minister Mamata Banerjee on Tuesday alleged that some media houses are in the process to distort her comments. She warned to invoke the law to stop them from doing so in future.She stated here at Kolkata that her comments were being distorted by a section of the media and only a portion of her speeches were being used rather than the detailed speech. Her comments on dengue control was also distorted. Banerjee said that some media houses were against her as their demands were not fulfilled. They had the liberty to criticize but they were not supposed to distort her words.
The Reserve Bank of India (RBI) slashed a key policy ratio by 25 basis points to inject Rs.175 billion into the system for lending, but left policy rates static, hoping this will push growth and keep inflation under control.The cash reserve ratio, or the money against deposits which commercial banks are required to maintain in the form of liquid assets such as cash, has been slashed to 4.25 percent from 4.5 percent at present.These changes were done during the second quarter review of the monetary policy for the financial year conducted by RBI Governor D. Subbarao at the central bank's headquarters at Mint Street in downtown Mumbai.
Maruti Suzuki Tuesday recorded a 5.41 percent decline in net profit in the second quarter of the financial year 2012-13 at Rs.227.45 crore -- the fifth such decline in five months.The company had recorded a net profit of Rs.240.45 crore for the quarter which ended Sep 30, 2011.The total income increased by 7.85 percent in the quarter under review and stood at Rs.8,461.75 crore from Rs.7,845.70 crore for the quarter which ended on Sep 30, 2011.The company's domestic sales during the period dipped by 5.9 percent at 2,09,954 units from 2,22,406 units sold during the same quarter of 2011-12.Exports dipped by 32 percent at 20,422 units from 29,901 units shipped out during second quarter of last fiscal. Though, net sales for the quarter under review increased by 8.5 percent to Rs.8,070 crore from Rs.7,436 crore in the corresponding period of last financial year.
India's home ministry gave approval to the Pakistan cricket team's tour to India for a short limited-overs series in the country. This includes Ahmedabad as well and would stretch from Dec 25 to the first week of January next year. The ministry has ensured security for the visiting team, as per the officials.The series would have three one-day internationals and two Twenty20s. The ODIs most probably will be played at Chennai, Kolkata and Delhi and the Twenty20s in Bangalore and Ahmedabad. A delegation of the Board of Control for Cricket in India (BCCI) met Home Secretary R.K. Singh at New Delhi and then the approval was received.
Shekhar Kapur's project "Paani" which was long due will go on floors in April next year. He said he is now engaged in organisation-related work before he will start actual shooting. "Paani", portraying water wars, will be produced by Danny Boyle of "Slumdog Millionaire" fame. A.R. Rahman will compose its music. This project got a formal announcement at the 63rd Cannes Film Festival in 2010.
Science and Technology
Microsoft launched Windows Phone 8, the new version of its smartphone operating system, which is its latest move to compete with the market leaders Google and Apple.The new smartphone software has a Start screen in the shape of square tiles, displaying real-time information such as updates on social networking sites. The screen can be personalized by pinning of favorite applications and photos and there are three sizes and 20 colors to choose from to create "Live Tiles".It has a new user-friendly features including "Data Sense", which ensures conservation of data by compressing web images.Windows Phone 8 also has support for hardware specifications that includes multi-core processors and near-field communication (NFC), this would allows users to pay with their smartphones or connect their phones to other NFC-enabled devices.These phones will be available this weekend in Europe and in the rest of the world from November.