: NEW DELHI, Feb 19: Amid heightened threat perceptions, Railways have decided large-scale commando training for their RPF personnel apart from standardising and upgrading zonal RPF training centres and installing ‘integrated security system’ in the four metro cities. In two years, five zonal training centres of RPF will be upgraded and equipped with modern devices to train the personnel to thwart terror attacks, Minister of State for Railways R Velu said in the Lok Sabha today.He said proposals have also come for creation of three more battalions of the Railway Protection Force (RPF). In a written reply, he said slots have been sought in reputed training institutes of other paramilitary forces for the commando training of the RPF personnel. Railways have also released Rs 14 crore for procurement of vehicles for RPF for improved mobility of the force, he added. The five zonal RPF training institutes identified for upgrade are in Kharagpur, Kimber Garden in Southern Railway, Bandikui in North Western Railway, Rajahi Camp in Gorakhour and Mokama in East Central Railway. (PTI)
Friday, February 20, 2009
Railways to upgrade security infrastructure
Principal Pnb changes asset allocation of Ultra Short Term Fund
Principal Pnb Mutual Fund has announced changes in asset allocation pattern of Principal Ultra Short Term Fund (PUSTF) with effect from March 24, 2009. The scheme accordingly will invest its entire corpus in debt instruments as well as money market instruments with low to medium risk profile.
The scheme would invest in such instruments, which have an average maturity of upto one year. The amount of investment in securitised debt may be upto 50% of the net assets of the scheme. It may also invest upto 50% of net assets of the scheme in such derivative instruments. However, the fund's existing asset allocation pattern is as follows:- The scheme invests 50%-100% of net assets in the fixed rate debt instrument as well as money market instruments while 50-100% in floating rate debt instruments and money market instruments.
Principal Pnb changes asset allocation of Ultra Short Term Fund
Principal Pnb Mutual Fund has announced changes in asset allocation pattern of Principal Ultra Short Term Fund (PUSTF) with effect from March 24, 2009. The scheme accordingly will invest its entire corpus in debt instruments as well as money market instruments with low to medium risk profile.
The scheme would invest in such instruments, which have an average maturity of upto one year. The amount of investment in securitised debt may be upto 50% of the net assets of the scheme. It may also invest upto 50% of net assets of the scheme in such derivative instruments. However, the fund's existing asset allocation pattern is as follows:- The scheme invests 50%-100% of net assets in the fixed rate debt instrument as well as money market instruments while 50-100% in floating rate debt instruments and money market instruments.
Fortis MF launches FTP-Series 14 C
Fortis Mutual Fund has launched initial offer period of Fortis Fixed Term Plan - Series 14 C on February 19, 2009. The new issue will be closed for the subscription on March 16, 2009. The NFO price for the fund is Rs 10 per unit. The scheme offers two plans- regular as well as institutional plan and along with this will have two sub-options of growth and dividend options. The dividend option offers dividend payout and dividend reinvestment facilities.
Under the regular plan, the minimum amount of investment is Rs. 5,000 and in multiples of Rs 10 thereafter. While under the institutional plan, the minimum amount of investment is Rs. 25 lakh and in multiples of Rs 10 thereafter.
Fortis Mutual Fund is a close-ended income scheme with an objective to achieve growth of capital through investments made in a portfolio of fixed income securities maturing on or before the maturity of the scheme.
Under the regular plan, the minimum amount of investment is Rs. 5,000 and in multiples of Rs 10 thereafter. While under the institutional plan, the minimum amount of investment is Rs. 25 lakh and in multiples of Rs 10 thereafter.
Fortis Mutual Fund is a close-ended income scheme with an objective to achieve growth of capital through investments made in a portfolio of fixed income securities maturing on or before the maturity of the scheme.
Signs of US protectionism worrying: Pranab
NEW DELHI: In an apparent criticism of the protectionist measures built into the US government's multi-billion corporate bailout package, India has said that these were "worrying signs" from the world's biggest economy.
"We are already witnessing worrying signs of protectionism in the world's biggest economy. We need to argue against this trend at the international fora," External Affairs Minister Pranab Mukherjee said inaugurating the 42nd Indian Labour Conference.
He was apparently referring to Washington's bar on firms receiving bailout money from hiring foreign workers if they are to replace Americans at work, though he did not make any direct mention.
Industry estimates suggest nearly 100,000 Indians were among the 163,000 that had applied for non-immigrant skilled workers visa (H-1B) in FY'09. The US has capped the number of H-1B visas at 65,000 a year.
The bailout-condition could affect Indian skilled workers. In the wake of the global financial meltdown, Mukherjee said, "We will need to press for trade and aid flows to developing countries and look at regional cooperation to strengthen defences against such crises".
Mukherjee said there was a need to invest more in infrastructure, provide adequate credit support to the poorer sections of the society and create better facilities for upgrading skills and re-skilling of the workforce.
Soruce:http://timesofindia.indiatimes.com/India/Signs-of-US-protectionism-worrying/articleshow/4160429.cms
"We are already witnessing worrying signs of protectionism in the world's biggest economy. We need to argue against this trend at the international fora," External Affairs Minister Pranab Mukherjee said inaugurating the 42nd Indian Labour Conference.
He was apparently referring to Washington's bar on firms receiving bailout money from hiring foreign workers if they are to replace Americans at work, though he did not make any direct mention.
Industry estimates suggest nearly 100,000 Indians were among the 163,000 that had applied for non-immigrant skilled workers visa (H-1B) in FY'09. The US has capped the number of H-1B visas at 65,000 a year.
The bailout-condition could affect Indian skilled workers. In the wake of the global financial meltdown, Mukherjee said, "We will need to press for trade and aid flows to developing countries and look at regional cooperation to strengthen defences against such crises".
Mukherjee said there was a need to invest more in infrastructure, provide adequate credit support to the poorer sections of the society and create better facilities for upgrading skills and re-skilling of the workforce.
Soruce:http://timesofindia.indiatimes.com/India/Signs-of-US-protectionism-worrying/articleshow/4160429.cms
Mumbai attackers had hit list of 320 world targets: Report
NEW DELHI: Lashkar-e-Taiba (LeT) ringleaders had ambitions well beyond Mumbai and had placed India's financial hub in a list of 320 worldwide locations as potential targets for commando-style terror strikes, Britain’s daily Guardian said in a report published on Thursday.
According to the report, western intelligence agencies that accessed the computer and email account of the Lashkar’s communications chief Zarar Shah found a list of possible targets, only 20 of which were in India.
Two of the November 2008 attack's key planners - Shah and Lashkar's operations chief Zakiur Rehman Lakhvi - are now in police custody in Pakistan.
Analysts say the computer list is more of a statement of intent because Lashkar would need time to set up terrorist cells in so many places.
Islamabad's decision to bring criminal charges against nine men accused of involvement in the Mumbai attack has partly placated Indian officials but the government in New Delhi has said it wants to see people brought to justice for terrorist acts.
"There has been some speculation that raids in Spain which netted 12 men- an Indian and 11 Pakistanis - were a result of the investigations into Lashkar's role in the Mumbai attacks," the report said.
"The dozen men were reportedly picked up for forging passports and other travel documents for terror organisations, including al-Qaida.
Pakistan's government has said the Mumbai attacks were partly planned from Spain.
The US has been trying behind the scenes to coordinate intelligence exchanges between the two nuclear-armed rivals. The CIA has worked hard to be seen to help New Delhi - including by recovering phone numbers deleted by the terrorists on their satellite phones.
India has also received crucial evidence from the US agency FBI in connection with the 26/11 attacks.
Intelligence agencies have warned that Mumbai raises the spectre of a new style of terrorist assault. The city was brought to a halt by 10 heavily armed gunmen rampaging through the CST railway station, a house, restaurant Café Leopold, and hotels Trident-Oberoi and Taj for three days, killing over 180 people.
Source:http://timesofindia.indiatimes.com/
According to the report, western intelligence agencies that accessed the computer and email account of the Lashkar’s communications chief Zarar Shah found a list of possible targets, only 20 of which were in India.
Two of the November 2008 attack's key planners - Shah and Lashkar's operations chief Zakiur Rehman Lakhvi - are now in police custody in Pakistan.
Analysts say the computer list is more of a statement of intent because Lashkar would need time to set up terrorist cells in so many places.
Islamabad's decision to bring criminal charges against nine men accused of involvement in the Mumbai attack has partly placated Indian officials but the government in New Delhi has said it wants to see people brought to justice for terrorist acts.
"There has been some speculation that raids in Spain which netted 12 men- an Indian and 11 Pakistanis - were a result of the investigations into Lashkar's role in the Mumbai attacks," the report said.
"The dozen men were reportedly picked up for forging passports and other travel documents for terror organisations, including al-Qaida.
Pakistan's government has said the Mumbai attacks were partly planned from Spain.
The US has been trying behind the scenes to coordinate intelligence exchanges between the two nuclear-armed rivals. The CIA has worked hard to be seen to help New Delhi - including by recovering phone numbers deleted by the terrorists on their satellite phones.
India has also received crucial evidence from the US agency FBI in connection with the 26/11 attacks.
Intelligence agencies have warned that Mumbai raises the spectre of a new style of terrorist assault. The city was brought to a halt by 10 heavily armed gunmen rampaging through the CST railway station, a house, restaurant Café Leopold, and hotels Trident-Oberoi and Taj for three days, killing over 180 people.
Source:http://timesofindia.indiatimes.com/
Jobs must be protected, Pranab tells industry
NEW DELHI: With economic slowdown leading to huge layoffs in certain sectors, the government on Friday said jobs must be retained even if it meant cut in compensation.
"Jobs must be protected even if it means some reduction in compensation at various levels," finance minister Pranab Mukherjee said at International Labour Conference here.
He said the government is making all out efforts to ensure flow of credit to boost trade and investment, consumption and to stimulate additional demand through public and private expenditure.
Mukherjee later told reporters that in the interim Budget he had talked of encouraging investments in infrastructure and in housing and real estate, adding that the government is providing adequate resources for programmes like NREGA and Bharat Nirman.
"If the work can be stepped up to a considerable extent, these are directly linked with employment creation and also demand creation. (If) more and more good roads are constructed, cement, steel, every thing will be required. They will get jobs. These types of programmes should be expedited and adequate resources will be provided," he said.
His remarks came as the government on Friday informed Parliament that 5 lakh people lost their jobs during the four- month period ending December 2008, on account of economic crisis in sectors including textiles, automobile and IT.
Mukherjee said the social welfare net needs strengthening because it will provide the base for socially harmonious shift in the pattern of employment.
Strengthening of local demand, empowerment and ownership of the growth process can be ensured only through directed investment aimed at the socially disadvantaged sections of the society, the finance minister said.
"Only then can we mitigate the trend for large-scale labour migrations. Strengthening of the health and education services and the protection of the pension systems is the need of the hour if we, as a nation, are to turn this crisis into an opportunity," Mukherjee said.
His remark came as the interim pension regulator is slated to roll out a new pension system for all citizens, except the government employees from the beginning of next fiscal.
The government has earmarked over Rs 1,800 crore for this scheme, which will include the unorganised sector as well.
"We must display spirit of solidarity by sharing equally the pain of this crisis. A humane globalisation is the answer to the current crisis and its attendant danger of social discord or, even, the heightened risk of terror," he said.
Mukherjee said the government has taken several measures also to protect those who are not exposed. The steps include social protection and unemployment benefits, facilitating additional training and targeted safety nets.
"We are working in the direction of supporting productive, profitable and sustainable enterprises together with a strong social economy and a viable public sector so as to maximise employment," Muckier added.
In his interim Budget speech, the finance minister had quoted Nobel laureate Amartya Sen as saying, "along with old slogan of growth with equity, we also need a new commitment towards downturn with security, given the fact that occasional downturns are common-possibly inescapable- in market economies."
Employment generation schemes have to be expanded and social security nets have to be strengthened to protect the vulnerable sections of the society, he said.
Soruce:http://timesofindia.indiatimes.com/
"Jobs must be protected even if it means some reduction in compensation at various levels," finance minister Pranab Mukherjee said at International Labour Conference here.
He said the government is making all out efforts to ensure flow of credit to boost trade and investment, consumption and to stimulate additional demand through public and private expenditure.
Mukherjee later told reporters that in the interim Budget he had talked of encouraging investments in infrastructure and in housing and real estate, adding that the government is providing adequate resources for programmes like NREGA and Bharat Nirman.
"If the work can be stepped up to a considerable extent, these are directly linked with employment creation and also demand creation. (If) more and more good roads are constructed, cement, steel, every thing will be required. They will get jobs. These types of programmes should be expedited and adequate resources will be provided," he said.
His remarks came as the government on Friday informed Parliament that 5 lakh people lost their jobs during the four- month period ending December 2008, on account of economic crisis in sectors including textiles, automobile and IT.
Mukherjee said the social welfare net needs strengthening because it will provide the base for socially harmonious shift in the pattern of employment.
Strengthening of local demand, empowerment and ownership of the growth process can be ensured only through directed investment aimed at the socially disadvantaged sections of the society, the finance minister said.
"Only then can we mitigate the trend for large-scale labour migrations. Strengthening of the health and education services and the protection of the pension systems is the need of the hour if we, as a nation, are to turn this crisis into an opportunity," Mukherjee said.
His remark came as the interim pension regulator is slated to roll out a new pension system for all citizens, except the government employees from the beginning of next fiscal.
The government has earmarked over Rs 1,800 crore for this scheme, which will include the unorganised sector as well.
"We must display spirit of solidarity by sharing equally the pain of this crisis. A humane globalisation is the answer to the current crisis and its attendant danger of social discord or, even, the heightened risk of terror," he said.
Mukherjee said the government has taken several measures also to protect those who are not exposed. The steps include social protection and unemployment benefits, facilitating additional training and targeted safety nets.
"We are working in the direction of supporting productive, profitable and sustainable enterprises together with a strong social economy and a viable public sector so as to maximise employment," Muckier added.
In his interim Budget speech, the finance minister had quoted Nobel laureate Amartya Sen as saying, "along with old slogan of growth with equity, we also need a new commitment towards downturn with security, given the fact that occasional downturns are common-possibly inescapable- in market economies."
Employment generation schemes have to be expanded and social security nets have to be strengthened to protect the vulnerable sections of the society, he said.
Soruce:http://timesofindia.indiatimes.com/
Swatch Watches Shops in India
Swatch Kiosk
Garuda Mall, Magarth Road
Bangalore
Chandigarh Swatch Store
SCO 21, Sector 17E
chandigarh
Phone: +91 172 5012033
Spencer's Plaza
Anna Salai Street
Chennai
Phone: +91 44 2841 8051
Fax: +91 44 2532 2503
Swatch Kiosk
Shipra Mall, Indirapuram
Ghaziabad
MGF Metropolitan Mall
Ground Floor, Mehrauli Rd
Gurgaon 122002
Phone: +91 124 510 1268
The Hub
GS Road
Guwahati
Karpa Building,
The Mall
Mad Monk Maya
Manali
Inorbit Mall
1st Floor, F-6, Malad West
Mumbai 600064
Phone: +91 22 6675 7264
Atria The Millenium Mall
Shop No 1222, Dr Annie Besant Road
Mumbai 400026
Phone: +91 22 2481 3523
E-Mail: swissboulevard@gmail.com
Select City Walk Mall
F-16, 1st floor, A-3 District Centre, Saket
New Delhi 110017
Phone: +91 11 40588744
Fax: +91 11 40588799
E-Mail: minoo@ethoswatches.com
Unitech Mall
FF 133, The Great India Place, Sector 38A
Noida 201301
Phone: +91120 4223995
Fax: +91120 4223996
Cine Wonder Mall
Ghodbunder Road
Thane
Soruce:http://www.swatch.com/in_hi/shop/locator.html
Garuda Mall, Magarth Road
Bangalore
Chandigarh Swatch Store
SCO 21, Sector 17E
chandigarh
Phone: +91 172 5012033
Spencer's Plaza
Anna Salai Street
Chennai
Phone: +91 44 2841 8051
Fax: +91 44 2532 2503
Swatch Kiosk
Shipra Mall, Indirapuram
Ghaziabad
MGF Metropolitan Mall
Ground Floor, Mehrauli Rd
Gurgaon 122002
Phone: +91 124 510 1268
The Hub
GS Road
Guwahati
Karpa Building,
The Mall
Mad Monk Maya
Manali
Inorbit Mall
1st Floor, F-6, Malad West
Mumbai 600064
Phone: +91 22 6675 7264
Atria The Millenium Mall
Shop No 1222, Dr Annie Besant Road
Mumbai 400026
Phone: +91 22 2481 3523
E-Mail: swissboulevard@gmail.com
Select City Walk Mall
F-16, 1st floor, A-3 District Centre, Saket
New Delhi 110017
Phone: +91 11 40588744
Fax: +91 11 40588799
E-Mail: minoo@ethoswatches.com
Unitech Mall
FF 133, The Great India Place, Sector 38A
Noida 201301
Phone: +91120 4223995
Fax: +91120 4223996
Cine Wonder Mall
Ghodbunder Road
Thane
Soruce:http://www.swatch.com/in_hi/shop/locator.html
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