indian-parliament-reuters

Centre Alerts States to Take Drought Relief Steps

In the wake of most districts in the country not receiving enough rainfall so far, the Union government has empowered state governments to initiate drought relief measures by utilising funds under the State Disaster Response Fund (SDRF). Aug 10, 2014
who-declares-ebola-outbreak-an-international-health-emergency

WHO declares Ebola outbreak an international health emergency

Nigeria/ Johannesburg, Aug 09 (ANI): The World Health Organization said that the world's worst outbreak of Ebola that has killed nearly 1,000 people in West Africa represents an international health emergency and could continue spreading for months. Nigeria became the third African nation, after Sierra Leone and Liberia, to declare a national emergency as the region's healthcare systems struggle to cope with the advance of the disease. Nigerian President Goodluck Jonathan's spokesman Reuben Abati outlined the plan to help battle the deadly Ebola virus, after Jonathan declared a national state of emergency, and approved 1.9 billion naira of emergency funds to contain it. Aug 9, 2014
basic-countries-meet-in-new-delhi-to-hold-talks-on-climate-change

BASIC countries meet in New Delhi to hold talks on climate change

New Delhi, Aug 8 (ANI): The ministers of the BASIC nations - China, Brazil, South Africa and India held talks on environment change in New Delhi on Friday and discussed the future course of action on climate negotiations. The leaders, along with their negotiators, held strategic talks with India's Environment Minister Prakash Javadekar ahead of the forthcoming rounds of climate negotiations aimed at forming the global 2015 agreement. BASIC Group is a platform of the four countries for coordination on issues related to climate change. Javadekar emphasized on the importance of developing nations in initiating steps towards climate change. During the news conference, Javadekar also stressed on India's plan to go solar and informed about the large amount of funds being put into solar projects. Aug 8, 2014
national-herald-case-hc-exempts-sonia-and-rahul-from-appearing-in-court-till-aug-13

National Herald Case: HC exempts Sonia and Rahul from appearing in Court till Aug 13

New Delhi, Aug 06 (ANI): Congress leader and advocate Abhishek Manu Singhvi on Wednesday said that the High Court has exempted Congress President Sonia Gandhi and Vice President Rahul Gandhi from appearing in the Court till August 13. Senior BJP leader Subramanian Swamy had filed a petition alleging misappropriation of assets worth Rs 2000 crore of the National Herald newspaper. Swamy had also accused Sonia, Rahul and others of conspiring to cheat and misappropriate funds by just paying Rs 50 lakh by which Young Indian obtained the right to recover Rs 90.25 crore which the Associate Journal Limited had owed to the Congress party. Aug 6, 2014
rbi-keeps-repo-crr-unchanged-cuts-slr-by-50-bps

RBI keeps repo, CRR unchanged; cuts SLR by 50 bps

Mumbai, Aug 05 (ANI): India_s central bank, Reserve Bank of India (RBI), keeps its key policy repo rate unchanged as widely expected, but lowers banks_ minimum bond holding requirements, known as the statutory liquidity ratio (SLR) by half a percentage point. The RBI has lowered the SLR, by half a percentage point to 22 percent to free up more money for lending, effective from August 09. RBI governor Raghuram Rajan said the move was aimed at giving more funds to private sector and for the public sector firms. The repo rate has been unchanged since January, when the RBI increased it by a quarter percentage point. Aug 5, 2014