Wednesday, June 29, 2011

JPSC Result the Case of Poor Governance


Ranchi, June,29:The most controversial Public service commission of the country JPSC once again came under the poor governance ambit of the state government.

The high profile Recruiter of the Jharkhand government is yet to get their full time chairman in the office after the announcement of appointment of Shiv Basant  a senior IAS officer without his proper eligibility for that post of Chairman.

When the technical matter highlighted by the experts the government is trying to make him eligible for the post by appointing him as the head of Finance commission and pushing him for VRS whose application is pending with the Union Government and UPSC, only after the acceptance of VRS he can became eligible for the post.

Government is expecting that formality will be clear in few days and new chairman will take their seat.

Entire batch of the previous governing body of the JPSC including Chairman Dileep Prashad and other members are facing trial for the corruption and they are under the judicial custody in Birsa Central Jail Ranchi.

JPSC has multiple issue as PT result is pending staff shortage is also their other members are yet to be appointed. It is a failure of Jharkhand government to equip their organizations with resources to delegate their responsibility.

China credit market worsening...


Bejing,June,29: Global markets are eyeing over the Greece's debt woes, but the world second biggest economy China's debt situation is not that much different from Greece game.

Chinese banks are also witnessing pain in their books as the balance sheet of  banks are not giving rosy picture because in there off-balance sheet lending, very few facts and a lot of fears is visible.

The amount of Chinese bank credit book has doubled from December 2007 to May 2011, which is the perfect textbook example of a credit bubble in the system.

Despite the fact that the loan growth rate in China has been halved to 15% over the last 2 years, the value of lending extended during that time which is prime concerns for them. 

Total outstanding of Chinese bank loans stood at USD 6,500 per capita in 2010 with respect to GDP per capita of USD 4,400, which is not going to sustain in near future.

There is an overhang though of the excesses those were booked in the previous 2 years on the book of banks. When they mature over the coming 2, 3 years, the will certainly see defaults. In China non-performing loans (NPL), which at 1% of total loans, are bound to increase going forward.

Some analysts are even estimating that this could increase to 6% of loans, 10% of loans, and even 15% of loans within a few years’ time. However as per general consensus NPL of Chinese bank are inching to get double in 3 year.

The worsening situation in China will create big storm in world economy as China is not much transparent and once the bubble will burst will derail the global growth.


UPPSC PT 2011 Participants Speculating Over Cut-off


 UPPSC,Allahabad had successfully conducted the PT examination for the lower subordinates in Various centre spread across the Uttar Pradesh on June 26.

The UPPSC examinations are targeted by the Civil services aspirants from the Hindi speaking states including Madhya Pradesh,Uttar Pradesh,Rajasthan,Bihar and Jharkhand.

Aspirants from the above states participate in each other’s State Public Service Examination and getting selected in services consistently in each other states.
  
                        


The UPPSC PT-2011 was in line with the previous trend, of GS and Optional paper so the students are again wondering and roaming to speculate over the cut-off.

UPPSC will soon declare the answer key series wise to their web site as it has done in the past.Aspirants are eagerly waiting for the BPSC,MPPSC and JPSC PT result as well.

Tuesday, June 28, 2011

Toyota etios Liva the Game Changer for Indian Car Market




New Delhi,June,28: World’s number one Toyota Motor has unveiled his first hachback for Indian car market.

The brand new Toyota Liva is  place around Rs 4 lakh and the top-end  fully loaded model with multiple airbags and anti-lock braking system, will be priced around Rs 6 lakh.

The Variants of  Toyota Liva

Toyota Etios Liva J:It is the base variant of petrol model of Toyota Etios Liva that comes with less standard specifications and luxuries like - Dual SRS Airbags, ABS, EBD, Driver Seatbelt Warning 

Toyota Etios Liva G: The model comes affixed with some additional features like Tubeless Tyres, Power Windows, Electric Power Steering, Central Locking, keyless entry and Immobilizer

Toyota Etios Liva G Plus: This model of Toyota Etios Liva petrol comes added with optional features like Dual SRS Airbags, ABS, EBD, Driver Seatbelt Warning.

Toyota Etios Liva V: This model include some additional features Chrome Garnish on Boot, Rear Defogger, Tachometer, Audio System (with Remote), Audio Controls on Steering Wheel,Chrome Accented Air Vents, Remote Fuel Lid Opener, Door Ajar Warning, Dual SRS Airbags. It comes with alloy wheels as well.

Toyota Etios Liva VX: This is top end variant of Toyota Etios Liva petrol which comes with all the Standard features including Audio Controls on Steering Wheel and Safety features. It comes with alloy wheels and roof spolie

Toyota Liva, is going to be the game changer in the Indian car market. Liva is loaded with the 1.2-litre fuel efficient engine from the world's top carmaker will be cheaper than most hatchbacks, the fastest-growing segment in the 2.5-million Indian passenger car market, and compel the rivals to consider price cuts. 

The price band of the hatchbacks such as market leader Maruti Swift, Hyundai i20, Nissan Micra, Skoda Fabia, Volkswagen Polo, and Fiat Punto start from Rs 4.3 lakh and go over Rs 8 lakh for different variants.

Steel Authority of India Limited has got Golden Peacock Environment Management Award


New Delhi, June, 28: Steel Authority of India Limited (SAIL) has got the Golden Peacock Environment Management Award for the year 2011. SAIL's ambitious initiatives and achievements in the environment management, has made them suitable candidate for the award. The award was presented by Union Minister for Home Affairs P. Chidambaram in a function. 

The Golden Peacock Award, is created by the Institute of Directors, New Delhi, are presented annually under the multiple categories. The winners of the Golden Peacock Awards for 2011 were selected by an expert jury headed by Justice P.N. Bhagwati, former Chief Justice of India and Member, UN Human Rights Commission, and were honored on the juncture of the 13th World Congress on Environment Management.

Talking at a panel discussion during the 'Environmental Initiatives for Corporate Sustainability' seminar, SAIL Chairman, C.S. Verma, told that the steel industry "is putting in concerted efforts and adopting a multi-pronged strategy" to minimise the emission of greenhouse gases and to achieve greater sustainable practices.

Highlighting the achievements of SAIL in this endeavor, he said that in the last four years; SAIL has succeeded in reducing particulate emissions by 52%, specific water consumption by 11% and specific energy consumption by 5%, while increasing solid waste utilization by 18 %. SAIL has continuously been undertaking continuous proactive steps in complete environment management and preservation.

To improve the environment in the premises of plants and in its surrounding habitat, company has put in strong efforts such as constant operation of air pollution control systems, regular maintenance and sewage treatment plants, recycling of solid wastes and adoption of cleaner and environment friendly technologies.