Piyush Goyal $250b Energy 5Yr Plan Resource $400b

June02, 2015 (C) Ravinder Singh progressindia008@yahoo.com

Tarzans of Narendra Modi Government Piyush Goyal and Nitin Gadkari are busy issuing Tenders to spend $250b and $150b in five years term leaving nothing for Farmers Food Storage & Processing, MSMEs, All Services by Bank Credit.

Credit growth in 2014-15 was just $80b for an economy of $2000b [?] inflation was 6%and when  Corporate don’t secure capita through IPOs or Fixed Deposits and Foreign Investors are not investing in Power & Roads all the Capital Is Secured Through Bank Loans.

Even though Coal & Power growth was 7.6% and 11.9% yet core sector Growth was NEGATIVE (-) 0.4%.

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News from the Tow Center View this email in your browser

UPCOMING EVENTS

NewsLynx: The Impact Platform On Thursday, June 4 at 6:00 pm, the Tow Center will host a launch of Michael Keller and Brian Abelson’s report on their work in developing and implementing NewsLynx.  NewsLynx is a tool that enables newsrooms to track impact, combining quantitative metrics with qualitative annotations. Keller and Abelson will speak on the development of NewsLynx, and present their findings. A panel discussion will follow. RSVP here ON THE TOW BLOG The NewsLynx impact tracker produced these key ideas Michael Keller and Brian Abelson With the rise of non-profit, foundation-funded newsrooms, the field of Measurement and Evaluation (M&E), which emerged in the international development community, has taken a strong foothold in journalism. As non-profit newsrooms apply for grants and appeal to donors for funding, they often need to explain in formal reports “how well” their stories performed – not just in terms of impressive traffic, but in qualitative evaluations of the “impact” their reporting had on the world: Did it change a law? Did it move the needle in the conversation? Did it meet the expectations — however defined — the organization had for it? Read the blog post here Eyewitness Media – How do Online & Broadcast Compare? Claire Wardle This time last year, almost to the day, Sam Dubberley and myself presented the results of a new study on user-generated content and its use by broadcast media. You can find the full report here, and our presentation here.  Our research assistant on that project was the super smart Pete Brown. Over the past year Pete has been working on a partner study, examining the integration of user-generated content (which we now call eyewitness media – see why here) by online news sites. His research was published last week, and you can find the research website and full pdf here. What I want to do here is compare the two reports. What are the main differences between the ways in which television broadcasters and news websites use eyewitness media? There are differences, and it turns out digital media performs better, but not so much that we can all go home. Read the blog post here TOW CENTER REPORTS The Traffic Factories Caitlin Petre Amateur Footage: A Global Study of User-Generated Content Claire Wardle, Sam Dubberley and Pete Brown The Art and Science of Data-Driven Journalism Alexander Howard TOW CENTER IN THE NEWS Facebook’s Instant Articles App May Mean The End Of The Media Paywall Science 2.0 Study: Metrics have ‘powerful influence’ on journalists’ morale Journalism.co.uk The Public Report Card That Has Everyone Scratching Their Heads Columbia Journalism Review ‘Like’ on Facebook Follow on Twitter Share on Tumblr Watch Tow Events Tow Center Website

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For Immediate Release AIRASIA X AND FLIGHT CENTRE FORGE KEY SUPPLIER AGREEMENT SEPANG, 2nd June 2015 – AirAsia X, the long-haul low-cost carrier, an affiliate of AirAsia Group has signed an agreement with The Flight Centre Travel Group (FLT) to strengthen its distribution channel in Australia. The agreement is the airline’s first in Australia and will see FLT and AirAsia Group work together proactively to promote the airline’s fares, create new and unique offerings for customers and grow the outbound travel market. Benyamin Ismail, acting CEO of AirAsia X said, “AirAsia X sees solid growth opportunities in Australia and is focussed on reinforcing the benefits of the strength of our network across Asia to over 100 destinations including Malaysia, Indonesia, Thailand, China, Japan, South Korea, India and many more.” “By working more closely with FLT, we can highlight our offerings to the company’s extensive customer database and proactively promote to travellers across all of the company’s brands and sales channels, particularly its 1000 retail travel shops. “This brand diversity is important because the traditional low cost carrier (LCC) model is evolving and gaining popularity among a broader customer base. “While budget conscious travellers often look to LCCs, we are also seeing increased interest from other demographics, including those who are looking to save on the flight component of their holidays and spend more on accommodation.” AirAsia Group co-founder and AirAsia X Group CEO, Datuk Kamarudin Meranunsaid, ”AirAsia and AirAsia X’s low cost model has provided direct access for many first time travellers to experience overseas travel, but we also recognise the importance of entering strategic partnerships with established retail leaders like FLT in countries such as Australia.” Executive General Manager of Flight Centre Australia, Melanie Waters Ryan said “AirAsia Group has a strong network and its key destinations – including Bali, Phuket, Kuala Lumpur and Krabi – are among the most popular holiday destinations for FLT’s customers and Australian travellers in general,” Flight Centre Australia executive general manager Melanie Waters-Ryan said. “We look forward to working more closely with the AirAsia team and believe this relationship will deliver tangible benefits to both companies and to the travelling public in general. The agreement will see FLT gain access to AirAsia’s full product range via an application programming interface (API) into the Global Distribution System.

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India and Sweden sign 6 agreements

India and Sweden sign 6 agreements in the presence of President Pranab Mukherjee & Swedish Prime Minister Stefen Lofven

Naresh Kumar Sagar

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Second Bi-monthly Monetary Policy Review for 2015-16

Policy repo rate cut by 25 basis points from 7.5% to 7.25%

Reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.5% to 7.25% with immediate effect; kept the cash reserve ratio (CRR) of scheduled banks unchanged at 4% of net demand and time liabilities (NDTL); Continue to provide liquidity under overnight repos at 0.25% of bank-wise NDTL at the LAF repo rate and liquidity under 14-day term repos as well as longer term repos of up to 0.75% of NDTL of the banking system through auctions Continue with overnight/term variable rate repos and reverse repos to smooth liquidity. Consequently, the reverse repo rate under the LAF stands adjusted to 6.25%, and the marginal standing facility (MSF) rate and the Bank Rate to 8.25%.

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Global buzz

​Sen. Lindsay Graham enters GOP presidential race, declares support for drone warfare

US Senator and long-time military advocate Lindsey Graham announced on Monday his candidacy for president. A staunch Republican who frequently criticizes what he considers to be President Barack Obama’s weak and ineffectual foreign policy, the South Carolina native threw his hat into the ring by declaring “security through strength” is the best way to protect America in a dangerous world that is “falling apart.” He added in a televised speech: “If I’m president of the United States and you’re thinking about joining Al-Qaeda or ISIL, I’m not going to call a judge. I’m going to call a drone, and we will kill you.”

UN could stop half of humanitarian aid in Iraq due to funding shortage

The UN will be forced to slash or shut down almost half its aid operations in Iraq without an immediate injection of new funds, Reuters reported. The number of people in need of assistance continues to increase as the resources to help them dry up, according to Lise Grande, the UN Humanitarian Coordinator for Iraq. She forecast a “summer of discontent” as a renewed Islamic State offensive in western Iraq has displaced tens of thousands of people over the past month. Many more are likely to flee the fighting.

Swedish police detain 2 over ‘terror training, recruitment’

Sweden’s intelligence agency Sapo said on Monday it had made two arrests as part of a crackdown on recruitment of Islamic militants planning to fight in Iraq and Syria. The raids took place in the capital Stockholm and the central Swedish town of Orebro. A 45-year old man was arrested in Orebro, a town described by police as the fourth largest contributor of jihadist fighters from Sweden after Stockholm, Malmo and Gothenburg. Sapo says 110 people have traveled to Syria and Iraq from Sweden to join Islamic militant groups. However, that the figure may be as high as 300.

Nigeria petrol tanker accident kills 69

An oil tanker truck exploded in a crowded bus station in the south of Nigeria, igniting 11 other vehicles and killing 69, Nigeria’s Red Cross said on Monday. About 30 other victims have been hospitalized with severe burns, AP quoted Red Cross Chairman Peter Emeka Kathy as saying. Local officials said the tanker was laden with petrol when its brakes failed and it ploughed into the bus station at Onitsha, the capital of Anambra state, on Sunday.

More than 6,400 killed in Ukraine conflict – UN

At least 6,417 people have been killed since the beginning of the Ukrainian conflict in mid-April 2014 through to May 30, 2015, the UN human rights office said on Monday. They included at least 626 women and girls, and another 15,962 people had been wounded. An overall decrease in shelling since a truce was agreed in February had resulted in a decrease in civilian casualties, the rights office said in its latest report.

Indoor smoking banned in Beijing

The toughest anti-smoking legislation in China’s history came into effect on Monday in Beijing, AFP reported. The law makes smoking in offices, restaurants, hotels and hospitals illegal. Venues where the ban is flouted are liable to fines of up to 10,000 yuan ($1,600). The law prohibits smoking in some open-air spaces close to schools, hospitals and sports venues. However, the legislation “fails to make clear who is ultimately responsible, thus leaving the possibility that they will pass the buck to each other,” state-run newspaper Beijing Youth Daily said.

ISIS kills at least 33 Iraqi soldiers in Anbar province ambush

At least 33 Iraqi army soldiers and allied fighters have been killed in an ambush by the Islamic State of Iraq and the Levant (IS, formerly ISIS/ISIL) group in the western Anbar province, Al Jazeera reported. More than 40 soldiers were injured in Monday’s attack in al-Seddiqiya, east of the provincial capital Ramadi, according to military sources. Separately, at least 12 civilians were killed and another 18 injured by Iraqi army shelling of a mosque and a market in Fallujah, 50 kilometers east of Ramadi, according to local sources.

Japan pension system hacked, more than 1m pieces of personal data leaked

Japan’s pension system has been hacked, leading to the leak of some 1.25 million bits of personal data. Japan Pension Service staff computers were improperly accessed by an external email virus, according to the system’s president, Toichiro Mizushima. The leak involved combinations of names, identification numbers, birth dates and addresses. The embarrassment revived memories of a scandal that helped topple Prime Minister Shinzo Abe in his first term in office, Reuters said.

Saudi-led strikes hit Yemen arms depots, 8 killed

At least eight civilians were killed and 20 wounded on Monday in explosions sparked by Saudi-led air strikes on rebel arms depots around the Yemeni capital, AFP reported. Munitions and shrapnel flew into a residential neighborhood after the strikes on the Mount Noqum base on the eastern outskirts of Sanaa, according to witnesses. Debris from the explosions fell as far as five kilometers, and residents had to flee for safer areas.

EU border agency: 5,000 migrants rescued in Mediterranean in 3 days

More than 5,000 migrants have been rescued from drowning in the Mediterranean Sea over the past three days, according to the EU border agency Frontex. “This is the biggest wave of migrants we have seen in 2015,”dpa quoted Frontex Executive Director Fabrice Leggeri as saying. Rescuers discovered 17 bodies during the operations, which began on Friday, when 25 boats filled with people trying to escape Libya departed for Europe.

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Will The Avengers be appearing in Marvel’s ‘Antman’?

After Avengers :Age of Ultron,  next “Ant-Man” hits theaters on 24th July and buzz is that Falcon and some members of the Avengers might be making a special appearance in the film!!!

Speculations have emerged Anthony Mackie’s Falcon character and some of the Avengers will be making an appearance on “Ant-Man”

The “Ant-Man” director Peyton Reed has teased it may possible the Falcon and other Avengers will be seen in the upcoming 12th installment in the Marvel Cinematic Universe, but refusing to reveal any more information, telling Empire Magazine the information is “classified.”

This isn’t the first teaser-spoiler Marvel has pulled on its fans. It previously released a brief look at the Vision in a trailer before it officially launched movie posters for April’s “Avengers: Age of Ultron.

The next evolution of the Marvel Cinematic Universe brings a founding member of The Avengers to the big screen for the first time with Marvel Studios’ “Ant-Man.” Armed with the astonishing ability to shrink in scale but increase in strength, master thief Scott Lang must embrace his inner-hero and help his mentor, Dr. Hank Pym, protect the secret behind his spectacular Ant-Man suit from anew generation of towering threats. Against seemingly insurmountable obstacles, Pym and Lang must plan and pull off a heist that will save the world. Marvel’s “Ant-Man” stars Paul Rudd as Scott Lang aka Ant-Man

“Ant-Man” also stars Evangeline Lilly, Bobby Cannavale, Michael Peňa, Judy Greer, Tip Harris, and Wood Harris

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