Critics are of the opinion that the mission is not involved any new technology and the 460 crores spend for the mission could have been spend on GSLV which will help ISRO enhance its commercial worth. ISRO chief K Radhakrishnan said that all the criticisms are baseless and it will help ISRO enhance its brand value and credibility. He also pointed out that Chandrayan -1 , which faced criticism , was the first and only mission which found moisture in Moon’s polar region.
In addition to gold, the import value of imported brass scrap has also been cut down. Imported vegetable oils like RBD palm oil and crude soybean oil are also undergone a tariff value change. According to the fluctuation in the global market , the tariff values of Gold and silver can be again changed.
Since its inception the newspaper has been taking employees on a contract basis and recently when complaints arouse, Janayugom made a few employees permanent. It is said that the newspaper is forcing its employees to enter in contracts that are not in line with the labor law of the country. However, according to the recent reports, dude to the intervention of Newspaper Employees Union, Janayugom withdrew its layoff threats and promised to solve the issue by the end of November.
To study the problem of employees a committee is also formed which include K.P Rajendran, Adv. D.B Binu and P Raju. The Newspaper Employees Union welcomed the decision and the employees are of the opinion that its is a temporary solution and they are looking forward to a permanent one.
Marissa Mayer has begun the lay off. The report says that the CEO is planning to send home any one who is rated as either ‘misses or occasionally misses’ at least twice in the past five quarters. Mayor has said that some employees are already being fired. Experts are of the openion that Yahoo has more employees than the company actually needs. Well, looks like the CEO is finally doing what her predecessors should have done 5 years before.
The company claims that the new strategy will facilitate faster browsing better use of internet at lower costs.
The government is set to simplify the student visa through AFL (assessment-level framework). It is planning to extend the visa processing to to low-risk institution that offer university degree courses. The minsiters are of the openion that the change will boost the training and vocational education sector of the country.
To fight inflation, the Reserve Bank Governor has again raised interest rates. This move will result in banks raising interest rate making living tough for the already suffering common man. Raghuram Rajan, The RBI governor claims the decision to hike the main lending or repo rate from 0.25 per cent to 7.75 per cent will be helpful in fighting inflation.
The inflation is expected to last till the end of this fiscal year (March). Let us wait and see if these efforts can help the already slumbering rupee perform well. However, both the stock market and rupee have in fact positively responded towards the new policies. Let us hope that the new regime will bring in positive changes to the slow paced Indian economy.
