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  HIGHLIGHTS
   
 

India International Trade Fair Held
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  Explore the magic of Metal
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 02. NEWSMAKERS
Continued from page 1

Prime Minister attends CHOGM 2007

The Prime Minister, Dr. Manmohan Singh with the President of Uganda, Mr. Yoweri Kaguta Museveni and Queen Elizabeth II, during National Anthem of Uganda at CHOGM meet in Kampala, Uganda on November 23, 2007.

Sixteen Presidents, 20 Prime Ministers and 12 delegates from the 53-member bloc of English-speaking countries discussed a range of issues including environment, governance and human rights, during the three-day meet. Dubbed the “Lake Victoria
Declaration on Climate Change”, the leaders issued a statement on climate change policy, intended as a follow-up to the Langkawi Declaration on Environment, issued in 1989, during a Commonwealth leaders’ summit in Langkawi, Malaysia.

In the new declaration, the leaders said that measures to control environmental degradation should not compromise development strategies drawn up by individual countries.

On the contrary, measures to tackle the impact of climate change should support positive economic and social transformation of societies. The leaders also called for support
for improved land use management, including conservation and sustainable use of forest resources.

 

The Lake Victoria Declaration highlighted five action points:
“Serious deterioration of the environment was a threat to the well-being of current and future generations; delay in halting environmental degradation would result in permanent and irreversible damage; threats to the environment needed to be viewed and addressed in a balanced perspective, mindful of the needs to eradicate poverty, provide sustainable development, and enhanced quality of life for all; most environmental problems transcended national boundaries, and therefore required solutions that were mutually reinforcing at global, regional, national and community levels; and, solutions to environmental challenges also required active participation by all.”

Referring to the mode of action, the leaders “resolved, individually and collectively, to pursue active participation through the United Nations Framework Convention on Climate Change, caucusing together and leveraging from our shared vision and diversity to the fullest extent possible”.

In the joint communiqué released at the end of the summit, the Heads of State said they were committed to sustaining democracy, good governance and human rights, stopping genocide, combating corruption and to “the fuller integration in the global trading regime of low-income states” through the elimination of export subsidies. The leaders acknowledged the value of the Commonwealth’s strategic partnerships with other nternational and regional organizations and encouraged the Commonwealth Secretariat to further develop these links so as to enhance cooperation in areas of common interest.”
Referring to terrorism, the leaders “reaffirmed their strong condemnation of terrorist acts in all their forms and manifestations and recognised that terrorism continues to present a serious challenge to international peace and security”. They stressed the continuing need
for comprehensive efforts at local, national, regional and international levels, to counter terrorism, which also take into account the conditions conducive to the spread of terrorism.

Britain’s Queen Elizabeth II inaugurated the meeting of the Commonwealth, of which she is titular head, on November 23. Prime Minister Singh had a string of bilateral meetings with various heads of Commonwealth member countries including President Festus Gontebanye Mogae of Bostwana, Prime Minister Gordon Brown of Britain, Prime Minister Dr. Keith Mitchell of Grenada, President Abdullah Badawi of Malaysia, Prime
Minister Helen Elizabeth Clark of New Zealand and President Mahinda Rajapaksa of Sri Lanka during the Retreat Session at the Munyonyo Commonwealth Resort, Kampala, on November 23.

Interceptor missile test-fired

Wheeler Island (Orissa): India on Thursday demonstrated its capability to defend itself against ballistic missile attacks by successfully testing a hypersonic interceptor missile. The missile destroyed an incoming target missile in a direct hit over the Bay of Bengal.

The interception took place at an altitude of 15 km, in what is called the "endo-atmosphere." The debris fell into the sea. The launch has propelled the nation into the elite club, comprising the United States, Russia and Israel. The target missile, a modified, single-stage Prithvi missile called 'TGT-04,' lifted off from Chandipur-on-Sea, Orissa, at 11a.m. Five minutes later, the interceptor missile, named 'AAD-02' (Advanced Air Defence), roared off from a mobile launcher at Wheeler Island, about 70 km across the sea from Chandipur.

As the target missile climbed to an altitude of 110 km and had a free fall at a speed of 2.5 to 3 Mach, the AAD-02, speeding at 4.5 Mach, performed intricate manoeuvres and homed in on the target in a head-on collision. The interception took place 25 seconds after the AAD-02 took off. Radars at Konark and Paradip in Orissa picked up the target missile in its ascent mode and communicated its velocity and position to the MCC. The MCC classified it as a ballistic missile and assigned the task of waylaying it to the AAD-02. The interceptor lifted off, homed in on the target, using a radio frequency seeker on board, and achieved a "direct hit."

Source : The Hindu

Manmohan scholarships in Cambridge

In recognition of Prime Minister Manmohan Singh's achievements as an economist, his Cambridge alma mater, St.John's, said that it would launch a scholarship in his name in New Delhi to spot and develop potential Indian leaders in the fields of economics, science and technology and social sciences.

A spokesman of the university said the privately-funded Manmohan Singh Scholarship will send three serving scholars from India every year to St. John's College, Cambridge, where the Prime Minister had studied economics and won the Wright's Prize for distinguished performance in the mid-1950s.

"There has always been an important tradition at Cambridge University of identifying, developing and nurturing leaders," Stephen Teal, development director of St. John's, said.

"There have been leaders such as India's first Prime Minister Jawaharlal Nehru, Nobel laureate Amartya Sen and former Prime Minister Rajiv Gandhi, and of course, Manmohan Singh. We want to continue that tradition in the areas of science and technology, economics and social sciences."

The scholarships, sponsored by the Tatas, British Petroleum and Rolls Royce, will initially fund three Ph.D. places beginning January 2008, but seek to take the number up to at least four by 2009. The closing date for the first year's applications is the end of January 2008.

The Prime Minister as well as the Master of St. John's, Prof. Christopher Dobson, will attend the launch in New Delhi on November 27, Mr Teal said.

" He added: "This scheme has been named after one of our most notable alumni and we are very proud of our association with Dr Singh and of what he has done for India."

The scholarship idea came jointly from a former student and a former master of St. John's. Both wanted to help bright young Indians who could not otherwise afford to study at Cambridge. India-born student Abhijit Banerjee, CEO of Immediance, the world's first online stock exchange for shares in private companies, and former master Richard Perham wrote jointly to Dr Singh in 2004 suggesting a scholarship in his name. The proposal was developed during a meeting of St. John's alumni over dinner at the Prime Minister's residence last year.

Subsequently, Dr Singh visited Cambridge in autumn last year to receive an honorary doctorate. There he spoke fondly of his years at St. John's and of the "inclusive character" of Cambridge, which had welcomed both Nehru, who had an exclusive schooling at Harrow, as well as him.

"Before the First World War, a young man from Allahabad came up to Trinity via Harrow. After the Second World War, a simple young Indian came to St. John's from an obscure university in Punjab. Cambridge University embraced both," he had said in a moving speech on "inclusive globalisation". "It was then that we realised just how fond Dr Singh was of the place," said Mr Teal. "We knew that the university was trying to set up ties with India, and we came up with this scheme, which is the first of its kind for Ph.D. students."

Source: The Asian Ag

New Secretary General of the Commonwealth

The High Commissioner of India to the UK , H,E . Mr Kamalesh Sharma, who was India's candidate for the position of Secretary General of the Commonwealth has been elected for a four year term by the Commonwealth Heads of Government at Kampala, Uganda .

Four Indians to feature in 'My Brilliant Brain' on National Geography

Mumbai: Four Indians will be part of a special programme of the National Geographic channel, in an in-depth series 'My Brilliant Brain' exploring the human mind and what makes a genius. Siddharth Nagrajan and Nischal Narayanam from Hyderabad, Tataghat Avatar Tulsi from Bangalore and Raghav Sachar from Mumbai will be featured by Nat Geo in the series being billed by it as its biggest initiative this year.

The 10-part series, premiering December 10 runs through till December 21. The Indian sections being presented by national award winning actor Konkana Sen Sharma.

Source : The Hindu

India produced 168 billionaires in 2006

Powered by the booming stock markets, India produced 168 new billionaires -- easily the highest ever -- in 2006-07. Also as many as 30 have moved up at least 100 places -- another record. As a result, the membership of the Billionaire Club has touched 533 and their combined wealth stands at Rs 12.32 lakh crore. The top five are worth over Rs 50,000 crore each.

To put these figures in context, eight years ago, when Business Standard compiled its first list of the wealthiest people in the country, the 100 that comprised it were worth Rs 84,000 crore. The details of the rankings of India's richest are being carried in The Billionaire Club magazine, which is being distributed free with the daily on Friday.

There are now 48 Indians with wealth above $1 billion (Rs 4,000 crore, or Rs 40 billion), making them dollar billionaires. There were 23 last year and only three in 1999. Reliance Industries [Get Quote] Chairman Mukesh Ambani is the Billionaire of the Year with a net worth of Rs 1.45 lakh crore. His brother, Anil Ambani comes second with a net worth of Rs 97,090 crore. No wonder, the Ambani brothers are now the richest family in the world.

Sunil Mittal, the promoter of Bharti Airtel is at number three with a net worth of Rs 73,429 crore. billionaires by initial public offerings, the top seven are real estate developers, led by KP Singh of DLF. Singh was ranked fourth in the compilation of India's richest after his real estate conglomerate came out with its mega initial public offering.

The magazine also shows inherited wealth is no longer the only way to become a billionaire. In fact, the majority of the BS billionaires are self-made.

Source:  Rediff

Fifth National Park for Kashmir
 
Jammu and Kashmir will soon get its fifth national park. The new national park, which will be known as the Qazinag National Park, will come up near Uri in Baramulla. The move will pave a way for the conservation of critically endangered Markhor goat, listed under the Red List of the International Union for the Conservation of Nature and Natural Resources (IUCN), among other highly endangered wild species in the region. The park will be set up by the State Wildlife Department in collaboration with the Wildlife Trust of India (WTI) and the World Wildlife Organisation. The park, which is likely to be the state’s largest national park, will be constituted of two prominent wildlife sanctuaries — Limber Wildlife Sanctuary and the Lachipora Wildlife Sanctuary, besides the Narinag Conservation Reserve. The Qazinag National Park will be the fifth national park in the state after Kishtwar National Park in Jammu region, Hemis High Altitude National Park Leh in Ladakh region, and the City Forest National Park and Dachigam National Park, both close to Srinagar.

Sikkim to get its first Airport at Pakyong
 
Pakyong in Sikkim is all set to get the first of the three Greenfield airports to be constructed in the Northeastern Region. The Airport Authority of India (AAI) plans to finish the construction work within 24 months. The proposed airport will initially cater to smaller turboprop aircraft like the ATR 72s and will give Sikkim its first airport. Presently, the nearest airport to Sikkim is located 124 kms/78 miles away at Bagdogra in West Bengal.



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