The step of cutting down the Cash Reserve Ratio by RBI has appreciated by the PM’s Economic Advisory Council Chairman C Rangarajan. The rate is decide to be reduce by 5.5% from 6 and as per this the banks has made deposits Rs 32000 crores into the banking system.
The cut down liquidity will surly put effect on the interest rates and also help to push up inflation. Rangarajan said, “The improvement in liquidity conditions will automatically have an effect on interest rates. Improvement in liquidity conditions will lead to softening of interest rates.”
The reduction will help to downing the food inflation on which changing pattern of the policy rate depends. If the results will be of positive then rates cannot be changed.
Once more the thousands of Egypt’s people together in Cairo’s Tahrir Square today , on the same date of 25 Jan of last year remark as first anniversary of the Egyptian revolution, have stood against has Egyptian ruler Hosni Mubarak who has ruled from long time period as three decades.
The youth groups along with activists starts their campaign called “The Generals are Liars” by presenting audio visual sources on which they shows in the streets of Egypt all the military’s policies and its act to be cheated.
The over all scene of Egypt is so tensed and pressurized. The fear of violence between Miliary force and protesters is the big threat for disturbance of the Egypt people.
Anna Hazare, the social activist watched the Bollywood movie “ Gali Gali Chor Hai” last night in his native village Ralegan Siddhi by screening held near the Shantiniketan ground and he was satisfied with the story of film.
Along with film’s crew Actors Akshaye Khanna, Shriya Saran and Mugdha Godse, director Rumi Jafferey and producers Nitin Manmohan and Sanjay Punamija, Anna saw the entire film that ended at 10pm despite of his ill health because the film is deal with corruption for which removal Anna is fighting.
A core committee member, Datta Awari informed reporters, “”Anna agreed to watch the film despite ill health as it deals with corruption. “
He added, “Gali Gali Chor Hai is a political satire about a common man’s fight against corruption. So, it makes sense to show it to Anna Hazare who has become the national face of a common man fighting corruption.”
A mentally disturbed Maharashtra State Road Transport Corporation bus driver Santosh Mane who was coming from the wrong side of the Pune-Solaapur Road, has killed 9 person and 27 injured by smashing all the vehicles coming on his way today morning.
As per report, 30 year old driver was mentally disturbed and ran away after acting the incident. But after 1 hour past, he has arrested near Neelayam theatre in the city. Several vehicles has hit by his bus and totally damaged.
The people that walk on road also have been covered under the incident.
The Antrix-Devas deal of 2005 that agreed for lease of 90 per cent transponders in two satellites to be built by ISRO, now come into a big controversy that harm the ISRO chief of 2005 Mr. G Madhavan Nair’s govt. position, along with other three space members these are former scientific secretary at ISRO, K Bhaskaranarayana, K N Shankara, former director of the ISRO satellite centre and K R Sridharamurthi, former managing director of Antrix.
The govt has taken action of struck off any right to hold govt. post from all of these accused ISRO members.
Bollywood actor Sanjay Dutt’s negative look Kancha Cheena in the Karan Johar’s ‘Agneepath’ has earned appreciation for the actor from all spheres, his role in the film is more appreciated compared to the lead actor Hrithik Roshan, though Sanjay Dutt said that he is not trying to outdo anyone.
In addition to this, Sanjay Dutt’s wife, Maanyata, is also very impressed with the performance of Sanjay in the film, which will hit the silver screen on January 26.
In the remake of Amitabh Bachchan’s Agneepath, Sanjay Dutt plays the negative role of Kancha, earlier played by Danny released in 1990.
As per the latest sports updates, Sachin Tendulkar’s name was not preferred for the Bharat Ratan Award, it is said that BCCI has not suggested his name for the nomination of this award.
Though, it was said that the two named suggested by the Sports Ministry to the Prime Minister’s Office (PMO) to be nominated for the first Bharat Ratna for a sportsman are those of hockey legend Dhyanchand and the man who first conquered Mt Everest, Tenzing Norgay.
It is not clear that why no other sport’s person name was suggested to the Prime Minister Office for the award. Moreover, the chess federation had suggested Viswanathan Anand’s name and the shooting federation Olympic gold medalist Abhinav Bindra’s name, while the Sports Ministry have said that no other names have been suggested to them for the Bharat Ratan award.