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Major News and Events of 13 November 2012

What Happened on 13 November 2012


S. Gurumurthy tweets on Gadkari, BJP avoids issue

The BJP's internal-rift over party chief Nitin Gadkari's business dealings continued today with RSS ideologue S. Gurumurthy's varying versions on giving him a clean chit and the party avoiding the issue. The Congress said the clean chit had "no meaning". Bharatiya Janata Party (BJP) leader Mukhtar Abbas Naqvi told reporters: "We will discuss it later." His remark came after Gurumurthy's varying tweet messages on giving Gadkari a clean chit emerged. Today, Gurumurthy said in a tweet: "Let me clarify that I have given clear chit to Gadkari on Purti affairs. That is all...I have deleted only the tweets they (media) are misinterpreting. not all." Media reports attributed to an earlier tweet of his said that he had not given a clean chit to Gadkari but only cleared the air on the allegations in media over his companies. Based on a report by Gurumurthy, the BJP had last week given a clean chit to Gadkari over allegations of financial misappropriation in his Purti Group.

Diwali trading low, gold falls by Rs.85

With a seven-day rising streak, gold prices fell byRs.85 in special Diwali trading on Tuesday in the lack of any major buying activity in the midst of a weak global trend. While gold fell down byRs.85 toRs.32,400 per 10 grams after gainingRs.1,535 in last seven-sessions, silver lost 500 atRs.61,600 per kg on reduced off take. Response turned bearish in the lack of buying support as traders were in festive mood and opened their establishment only to carry out Diwali puja. The weak global trends on European finance ministers struggling to agree on Greek aid, strengthened the dollar and curbed bullion's appeal as alternative investment. Gold in New York, which usually sets price trend on the domestic front, fell 0.2% to $1,726.70 dollar an ounce.

Eight die in cracker factory blast

At least eight people were killed and over a dozen injured in a massive explosion in a cracker factory in Uttar Pradesh, police said today. The tragedy happened overnight in Yakubpur village in Auraiyya district. The explosion was so deadly that it destroyed a series of houses. Police said the rescue operation went on till early today and said eight of the injured were in critical condition. "The seriously injured have been rushed to Kanpur," an official said. Superintendent of Police (Auraiyya) Sanjay Kakkar said that three constables and a police officer had been suspended forderelictionof duty. Maiku Lal, owner of the cracker manufacturing unit, held a license but he had started producing the crackers from his house, some 250 yards from his unit, Kakkar said.

South Africa the focus country at Trade Fair 2012

South Africa is the focus country at the 32nd India International Trade Fair (IITF) in Delhi. Belarus will be the 'partner country' at the 14-day fair, and its Prime Minister Mikhail V. Myasnikovich will inaugurate it along with President Pranab Mukherjee. The trade target between the two countries has been set at $15 billion by 2015. The earlier target of $10 billion by 2012 was surpassed a year ahead of schedule. India is one of South Africa's top 10 exporting countries and among the top five nations importing from South Africa. Indian companies investing in South Africa include Mahindra, Tata, UB Group, pharmaceutical giants like Ranbaxy and CIPLA, IT companies and some in the mining sector. Several South African companies operate in India such as the Airports Company South Africa, which is assisting Mumbai airport, Sasol, First Rand Bank, Old Mutual (insurance) , SAB Miller (breweries) and Adcock Ingram (pharmaceuticals). There is now a new accent towards informal business development and cooperation at the level of small and medium enterprises, including for technology and market development.

Sensex ends 0.3% down on Diwali

The first trading session of Samvat 2069 concluded on a weak note as Sensex on Tuesday closed nearly 52 points lower at over one-week low of 18,618.87, the first time since 2007 the BSE benchmark logged losses in muhurat trades, after investors booked profits amid tepid globalcues. The Bombay Stock Exchange 30-share barometer Sensex logged a high of 18,732.71 a few minutes after the onset of business today but profit-booking pulled it down to settle at 1-1/2-week low of 18,618.87 -- a fall of 51.47 points or 0.28%. Insipid global stock market sentiment and recent weak economic data continued to weigh on the market for the second straight day after Sensex dipped by 13.34 points on Monday. Though there was no usual trading on Tuesday, a special Muhurat trading was conducted on stock exchanges from 3.45pm to 5.00pm.

India upset Ireland in World Team Squash Championship

In the WSF Women`s World Team Squash Championship, India beat the higher-ranked Ireland in a dramatic tie which went down to the wire in Nimes, France. The historic World Squash Federation event, boasting a record entry of 26 nations, is the first ever to be staged in France, and the first to feature three all-glass show courts. India, ranked 10th, had to really try hard to put it across Ireland, the No 7 rank. India`s number 1 female player Dipika Pallikal paved the way with a four-game victory over the experienced Irish champion Madeline Perry, but the squad number two Joshana Chinappa let slip a 2-1 lead to allow Aisling Blake and Ireland back into the tie. But the teenager Anaka Alankamony held her nerve to see off Laura Mylotte 12-10, 11-3, 11-7 to give India a sensational victory at La Parnasse Arena.

Bollywood celebrates Yash Chopra`s legacy with 'Jab Tak Hai Jaan'

The best of Bollywood came to celebrate the legacy offilm-makerYash Chopra at thepremierof his film ‘Jab Tak hai Jaan’ yesterday at Yash Raj Films studios. The cast of the film, Shah Rukh Khan, Katrina Kaif and Anushka Sharma greeted the guests. "We are missing him every moment. I hope everyone enjoys the film. His legacy has been wonderfully celebrated," Shah Rukh said. Memories of the latefilm-makerfilled the red carpet with posters from his pictures placed along the carpet. Guests included the cream of the industry like Amitabh Bachchan with wife Jaya Bachchan, Abhishek Bachchan and Aishwarya Rai Bachchan, Aamir Khan with wife, Karan Johar, Imran Khan, Hritik Roshan, Randhir Kapoor, Rajiv Kapoor, Anil Kapoor, Sonam Kapoor, Arjun Kapoor, Shahid Kapoor, Vinod Khanna, Dilip Kumar, Saira Banu and Jeetendra. "We are excited to see the film. We thank the family for this premiere. Yash ji would have liked this," said Amitabh Bachchan. Yash Chopra had passed away on Oct 21 after being diagnosed with dengue. ‘Jab Tak Hai Jaan’ was supposed to be his last film.




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