|Over 4,200 migrants trying to reach Europe rescued from boats in Mediterranean|
More than 4,200 migrants trying to reach Europe have been rescued from boats in the Mediterranean in last 24 hours, the Italian coastguard said. In some of the most intense Mediterranean migrant traffic of the year, a total of 4,243 people have been saved from fishing boats and rubber dinghies in 22 operations involving ships from nations including Italy, Ireland, Germany, Belgium and Britain. The Italian navy said 17 corpses had been found on one of the boats off Libya. Details of the nationalities of the victims and how they died have not yet been released. The bodies and more than 200 survivors were brought to the port of Augusta in eastern Sicily aboard the Italian navy corvette Fenice, the coastguard said.
Sunday, May 31, 2015
|S-W monsoon to be late by 4-5 days, says Met dept|
Indian Meteorological Department, IMD has said that the south-west monsoon will be delayed by four to five days this year and it is likely to arrive on the mainland of India over Kerala around 4th to 5th June. Director of IMD, B P Yadav said, the wind pressures and speed have not become conducive for the Monsoon to advance over the Indian land mass, which is causing the delay.
Earlier, it was predicted that the monsoon will arrive by 30th May.
The weather office in its long-range prediction, forecast a below normal monsoon rainfall pattern over the entire south-west monsoon season this year.
May 30 at 3:00 PM
CAIT WELCOME SITHARAMAN STATEMENT OF SAYING NO TO FDI IN RETAIL
DEMAND COMPREHENSIVE REVIEW OF FDI IN ALL RETAIL FORMATS
TRADE LEADERS CRUCIAL MEET ON JUNE 8 AT NAGPUR
The Confederation of All India Traders (CAIT) has welcomed the statement of Union Commerce Minister Mrs. Nirmala Sitharaman saying firmly no to FDI in Retail putting rest the speculations about stand of the Government on FDI in Retail. She made this statement while responding to questions of netizens during a 90-minute Talkathon yesterday.
In a communication sent today to Mrs. Sitharaman,the CAIT has also appreciated her announcement of bringing guidelines for E-Commerce and said that such guidelines must contain sufficient provisions to check business format of E Commerce Companies which are doing Business to Consumers i.e B2C activities in violation of FDI norms. The CAIT has also questioned the format of Wholesale Cash & Carry and demanded the Minister to institute a probe into the business model of all such Companies which are engaged in Wholesale Cash & Carry Activities.
The CAIT while demanding withdrawal of current notification of FDI in Multi Brand Retail as per promise of BJP election manifesto and announcements made by senior BJP leaders before Loksabha polls urged the Minister for a comprehensive review of FDI policy in all formats of retail as the Companies involved in business activities in retail in different formats are flouting the FDI policy of the Government and have greatly distorted the retail trade of India.
It said that 100 % FDI is allowed E Commerce for Business to Business i.e. B2B purposes and such Companies can not do retail trading but in practice the E Commerce Companies on the one hand are receiving foreign funds and on the other hand they are selling products directly to consumers which is in violation of the FDI policy. These Companies are openly announcing retail sales by big advertisements but so far no step has been taken by the Government to check them.
The CAIT further said that under Wholesale Cash & Carry policy of the Government, the Companies can make sales only to entities who have requisite license or VAT registration from the Government but in reality even in this format too the Retail Chains are directly selling to consumers circumventing the policy. It is an open secret that any individual can walk into their stores and purchase any item of his choice.
The CAIT has urged the Minster to look in to the issue in its right earnest as it has wider ramifications on business of more than six crore small business in India which are providing employment to 46 crore people in the Country. The CAIT has convened a special meeting of Trade Leaders of all States of the Country on forthcoming 8th June at Nagpur to deliberate on this issue and GST as well and to chalk out future course of action.
Saturday, May 30, 2015
INVESTMENT OPPORTUNITIES IN SPECIAL ECONOMIC ZONE, DUQM PORT, OMAN SEPTEMBER 18, 2017 LEAVE A COMMENT ON INVESTMENT OPPORTUNITIES IN SPE...
GOVT RAID ON FISCAL CORRUPTION & TERROR FUND Posted on June 3, 2017 Home Minister Rajnath Singh today assured that government wi...
VISIT OF BANGLADESH COAST GUARD SHIP – BCGS TAJUDDIN February 13, 2017 Chennai 12 Feb 17. A Bangladesh Coast Guard ship n...
TURKEY REFERENDUM VOTE EXPANDING ERDOGAN POWERS Posted on April 17, 2017 President of the Supreme Electoral Council of Turkey, Sadi ...