Thursday, August 22, 2013

Border Disturbances Can Vitiate Ties, India Cautions China

Beijing: As Chinese army incursions continue to recur, India has cautioned China that any disturbance of peace and tranquillity in the border areas can vitiate the overall atmosphere of bilateral ties.

Speaking at a seminar on China-India ties here, Indian ambassador to China S Jaishankar stressed that any disturbance at the border will have an adverse impact on the public perception which is vital for improvement of bilateral ties.

In his speech titled, " Old Ties-New Model?", he said, "today, constraints on conflict and confrontation are indisputable. It has put the focus on maintaining peace and tranquillity on the disputed border between India and China".

The closed door seminar was organized by the New Delhi-based Observer Research Foundation (ORF) and China Foreign Affairs University Conference, in which strategic analysts from both sides took part. Continue Reading...

Thursday, August 8, 2013

Eye swelling, headache after cataract surgery

Around 12 individuals in Morang locale, who experienced waterfall surgery throughout an eye camp at Sundarpur VDC in Morang on June 21, have griped of a few issues, for example eye swelling and persistent cerebral pain. 

A percentage of the victimized individuals have been conceded to Biratnagar-based Ramlal Golchha Eye Hospital (RGEH), while the remaining have headed off to Kathmandu and different healing centers in Morang for medicine, as per Shiv Narayan Chaudhary, the relative of one of the chumps. RGEH had organised the camp in a joint effort with nearby Sundarpur Saving and Cooperatives. An Australia-based organisation and Tilganga Institute of Ophthalmology had supposedly loan the healing center some assistance to organise the camp. A woman holds a tissue to her irritated eye.

An alternate victimized individual, Bhawani Prasad Dahal of Sundarpur VDC-8, who was conceded to RGEH on July 18 in the wake of having issues emulating waterfall surgery , is experiencing medicine. "My father (Bhawani Prasad) had been recommended pharmaceuticals inside 72 hours of the surgery at the healing center. Nonetheless, his condition's did not make strides. Later, specialists took out his left eyeball, idiom that the eye got harmed," said the chump's offspring, Bhim Prasad. "My father has been experiencing cerebral pain and left taking nourishment for as far back as one and a half weeks." 

Shiv Narayan, who carried his relative Phirani Devi Chaudhary to RGEH, said a percentage of the chumps have been left without a friend in the world as they need cash to head out to Biratnagar for medicine. RGEH Manager Shiv Narayan Pradhan said while taking care of such a substantial number of patients one or two cases commonly fall flat. "The patients may have gotten tainting after the surgery . After an operation, eyes ought to be secured from tainting work the following 72 hours",he said.

Tuesday, August 6, 2013

Huge Fire Closes Nairobi's International Airport

Nairobi, Kenya : A spectacular fire caused major damage Wednesday at the international airport in Nairobi, Kenya, one of the busiest in Africa, according to news reports and social media accounts. There were no reports of casualties, and the cause appeared to be undetermined.

Fire at Nairobi airport
Smoke billows from Jomo Kenyatta International Airport in Nairobi, Kenya, early Wednesday on 07/08/2013
The blaze broke out at 5 a.m. local time (7 p.m. Tuesday PDT) and gutted the arrivals building of Jomo Kenyatta International Airport, according to Kenya's Daily Nation newspaper. The paper quoted the head of security for the Kenya Airports Authority, Eric Kiraithe, as saying: “By our own standards this is so big.”

The airport was closed and passengers evacuated, the BBC reported, adding that there were unconfirmed reports that the blaze had begun in the airport's immigration offices. Continue Reading..,

Thursday, August 1, 2013

Here's how Telangana Bifurcation Impacted RBI Bond Auction

The proposed bifurcation of Telangana from the state of Andhra Pradesh (AP) impacted the auction pricing of the latter's development loans at the Reserve Bank of India (RBI) on Wednesday. Investors got a higher premium on the cut-off yield at 9.84 percent for tenure of ten years.
Yield, which is not the same as interest or coupon rate, is the total interest income on a particular security.

AP was raising Rs 1,000 crore loans through the RBI auction process for which the entire volume was sold fully. Last time, the state had raised similar Rs 1,000 crore wherein the central bank had allowed a cut-off yield at 8.25 percent in an auction dated April 23, 2013. However, these two are not strictly comparable due to prevailing liquidity (availability of money) situations in different months.

With the latest yield, according to bond traders, the state beat West Bengal that was offering the highest yield in earlier auctions. The eastern state is now ranked second with a cut-off yield at 9.72 percent in the state loan auctions dated July 31. Continue Reading...