Updates : January 24, 2010

Abbreviations:
PMEGP : Prime Minister’s Employment Generation Programme
PMLA : Prevention of Money Laundering Act
WGRFIS : Working Group on Future Role of Financial Institutions
SREP : Supervisory Review and Evaluation Process

Books:
‘The Creator’- Vedic Philosophy: From the eyes of a Scientist
The book has been written by Dr BN Singh, a metallurgist and ex-CMD of Rashtriya Ispat Nigam limited(RINL). Its released today by Chairman cum Managing Director PK Bishnoi.

Events & Happenings:
January 24 – National girl child day of India

Prime Ministers Office has ordered an internal inquiry into the lapse in the advertisement issued by the Women and Child Development Ministry on National Girl Child Day. PMO also apologized for inclusion of photograph of a foreign national in Government advertisement on girl child. The inquiry will be headed by the additional secretary Mr. Sudhir Kumar in Women and Child Devolpment Ministry. A newspaper advertisement given by the government today carried a photograph of a former Pakistan Air Force chief along with that of Prime Minister and Congress President.

86th Birth Anniversary of Karpoori Thakur
Karpoori Thakur popularly known as Jan Nayak , served as the Chief Minister of Bihar for two times.

National :
Andhra Pradesh: Sahajeevan Rally:
The Telangana Joint Action Committee (JAC) holds ”Sahajeevan Rally” to build confidence among the people of Andhra Pradesh who made Hyderabad their home saying their interests will be fully safeguarded after the separate State was created.

Business & Economy:
Union Bank of India receives SEBI nod for Asset Mangement JV
Union Bank of India receives much needed approval from market regulator SEBI to launch Union KBC Asset Management Company as Joint venture with KBC Asset Management.

Maruti’s Profit 3 Fold:
Maruti Suzuki India Ltd. (MSIL) reports over three-fold increase in its net profit at Rs.687.53 crore in the third quarter of the current fiscal ending December 31, 2009, against the same quarter of previous fiscal, while its net sales went up by over 62 per cent to Rs.7,334 crore. A favourable conditions in the domestic market supported by the government’s stimulus package and ease of automobile finance helped achieve good sales.

Sports:
Chess : Chennai Open 2010
Chennai Open 2010 is an international Grandmaster Chess Tournament inaugurated on January 24, 2010. More than 400 players taking part in this event which is sponsored by LIC and ONGC.

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