Today's GK(28-9-13)

Sania-Cara pair lifts Pan Pacific Open

Sania Mirza continued her impressive run as she captured her fourth title of the season and 18th overall with Cara Black of Zimbabwe, recording a come-from-behind win over Liezel Huber and Hao Ching Chan to lift the Pan Pacific Open trophy, here on Saturday.

The unseeded slayers of the top seeds in the semifinals, pipped the American-Taipei combination 4-6, 6-0, 11-9 in one hour and 25 minutes.

After losing the opening set, Sania and Cara made a stunning recovery with three breaks to push the match to super tiebreaker, where the Indian-Zimbabwean combo rallied again to edge past the rivals 11-9 win.

Ecstatic after the win, Sania tweeted, “#champions #yesss #wedidit #comeonnnnnn.”

Sania has been struggling to find consistent partners this season and today’s title was her fourth with third different partner.

She won Brisbane and Dubai events with American Bethanie Mattek Sands and the New Haven title came with Chinese Jie Zheng.

MISS PHILIPPINES MEGAN YOUNG CROWNED MISS WORLD 2013

It was an evening of extravagant entertainment when Megan Young of Philippines was crowned Miss World 2013 at the Bali Nasa Dua Convention Center in Bali, Indonesia!

While Miss France, Marine Lorphelin finished as the first runner-up, Miss Ghana Carranzar Naa Okailey Shooter was the second runner up.

Megan Young was crowned by last year's winner, Miss World 2012 Yu Wenxia of China PR. She beat 127 contestants from all across the world to emerge victorious.

India's First Naval and Maritime Exposition Conference Concluded

India's first ever Naval and Maritime Exposition and Conference, NAMEXPO 2013 concluded on 27 September 2013 at Cochin, Kerala with a demonstration and visits to Naval ships, INS Satpura, INS Kabra and INS Sudarshini. All these ships are indigenously made in Indian shipyards.

The five-day NAMEXPO witnessed participation from 50 domestic and international exhibitors, 2000 business visitors, 15 official delegations besides 6500 general visitors.

Indian Naval and Coast Guard officers and personnel and Naval officers from more than 25 countries also visited the Exposition and interacted with exhibitors and participants.

About the event

NAMEXPO 2013 was held from 23 to 27 September 2013 at Cochin, Kerala.

NAMEXPO 2013 was organised by Confederation of Indian Industry (CII) in association with Indian Navy, Kerala Government, and Union Ministries of MSME, Shipping and Earth Sciences.

The primary objective of this expo is to make the leading experts related to the sector of maritime aware of the latest trends and techniques which will help in the expansion and recent as well as future development of this sector.

The Countries which were participated in the expo are Australia, Denmark, France, Germany, Japan, Russia, Sweden, South Africa, Singapore, US, UK, UAE, Vietnam.

United Nations Security Council Voted to Eliminate Syria's Chemical Weapons

Ravindra Kumar Elected as President of the Indian Newspaper Society (INS)

Ravindra Kumar, Editor of The Statesman was elected as President of The Indian Newspaper Society for the year 2013-14 at its 74th Annual General Meeting held in Bangalore on 27 September 2013.

Ravindra Kumar succeeded K N Tilak Kumar of Deccan Herald and Prajavani. At the meeting, Kiran B Vadodaria (Sambhaav Metro) was elected as Deputy President and P V Chandran of Grihalakshmi as Vice President.

Sanjay Gupta (Dainik Jagran, Varanasi) was chosen as the honorary treasurer of INS for the year 2013-14. V Shankaran is the Secretary General of the Society. The executive committee of INS represents the current 990 members from newspapers, journals, periodicals and magazines.

About Indian Newspaper Society (INS)

• Indian Newspaper Society (INS) (formerly Indian and Eastern Newspaper Society) acts as the central organisation of the Press of India, an independent body authenticating circulation figures of newspapers and periodicals in India.

• INS is an organization which plays a major role in protecting and promoting the freedom of press in India.

• INS was founded in 1939. Its headquarters are at New Delhi.

• INS membership comprises the owners, proprietors and publishers of print media who discusses and suggest various measures to the government regarding the problems related to the newspaper industry. It is a kind of pressure group which works to protect the interest of newspaper industry in particular and print media in general.

World Rabies Day Observed on 28 September

World Rabies Day observed on 28 September 2013 across the world to raise awareness about the impact of rabies disease and to deliver the message that rabies is preventable.

The theme for the year 2013 is Rabies: Understand it to defeat it.

World Rabies Day is an initiative of Global Alliance for Rabies Control and the day started it in 2007 to create a global opportunity for people to focus on rabies prevention.

The World Rabies Day is observed each year on 28 September- on the death anniversary of Louis Pasteur who developed the first efficacious rabies vaccine with his colleagues.  The day aims to raise awareness about the impact of rabies on human beings and animals, and provide information on how to prevent the disease.

About Rabies

Rabies is a viral disease that causes acute encephalitis (inflammation of the brain) in warm-blooded animals. The disease is zoonotic, meaning it can be transmitted from one species to another, such as from dogs to humans, commonly by a bite from an infected animal.  The rabies virus infects the central nervous system, ultimately causing disease in the brain and death.

Iraq Ratified Comprehensive Nuclear Test Ban Treaty (CTBT)

Iraq Government on 27 September 2013 ratified the Comprehensive Nuclear Test Ban Treaty (CTBT) at 68th session of UN General Assembly at New York, US.

Iraq's ratification of the treaty raised the number of countries that have adhered fully to the treaty to 161.

To enter into force, the CTBT must be signed and ratified by 44 specific states, only 36 of which have done so including France, Russia and Britain. The remaining eight are China, the United States, India, Pakistan and North Korea; Israel, widely believed to have atomic weapons; Iran, suspected of wanting them; and Egypt.

About Comprehensive Nuclear Test Ban Treaty (CTBT)

1. The Comprehensive Nuclear-Test-Ban Treaty was adopted by the United Nations General Assembly as a resolution (A/RES/50/245) on 10 September 1996.
2. The Comprehensive Nuclear-Test-Ban Treaty (CTBT) bans nuclear explosions by everyone, everywhere: on the Earth's surface, in the atmosphere, underwater and underground. So far 183 States have signed the Treaty of which 161 have now also ratified it.
3. The Treaty establishes a CTBT Organization (CTBTO), located in Vienna, Austria to ensure the implementation of its provisions, including those provisions for international verification measures

Malala Yousafzai Presented with Peter J. Gomes Humanitarian Award by Harvard University

Malala Yousafzai, a Pakistani schoolgirl and education rights campaigner presented with the 2013 Peter J. Gomes Humanitarian Award (Harvard Humanitarian of the year) by Harvard University on 27 September 2013.

16 years old Malala received the award by Dr Allen Counter, Director of the Harvard Foundation for her contribution in promoting the education among girls.

About Malala Yousafzai

Malala Yousafzai is a Pakistani school pupil and education activist from the town of Mingora in the Swat District of Pakistan's northwestern Khyber Pakhtunkhwa province. Malala Yousafzai was shot in the head by a Taliban militant in October 2012 after she campaigned for girls' right to education.

Science and Technology

Mars is Composed Mostly of Carbon Dioxide

The measurements by Curiosity rover of NASA, the most advanced spacecraft to land on Mars, the Red Planet, re-instated the fact, in the month of July 2013, that the planet was composed of mostly carbon dioxide and a few other gases. These measurements match very closely with the findings of the Viking which had revealed about this in late 1970s. Apart from this, the scientists had also revealed the same earlier with clues from the Martian meteorites that fell on Earth. It was revealed lately that the atmosphere of Mars was mostly dominated by carbon dioxide. However, it was surprising that earlier Viking had found that nitrogen was the second most abundant gas to be found in Mars’s atmosphere. But, measurements from Curiosity found that nitrogen as well as argon was nearly equal in abundance on the Martian air. The differences in the findings could be because of the use of different tools to collect the samples from the atmosphere. NASA’s Goddard Space Flight Center’s Paul Mahaffy, the in-charge of Curiosity’s air sampling experiments explained that despite the difference in findings of Viking and Curiosity, the notion that Mars had lost almost all the original atmosphere to space, is very much clear. This has what led to the change of this planet into the cold desert.
The Curiosity Rover of NASA is the nuclear-powered, six-wheel rover which landed in ancient crater near the equator of Mars in 2012. The study however did not explain anything about the presence of Methane on Mars. In 2012, the team of Curiosity reported that there was no definitive aroma of Methane near its landing site. Since that time, a lot of air samples have been collected by the rover. In context with this, NASA has already decided to launch a Mars-orbiting spacecraft in order to solve the mystery of Methane on Mars.
This new rover will be called Maven and it will target the Martian atmosphere. Scientists will explore whether Methane actually exists on Mars or not and will also find out about its abundance. Apart from this, Maven will also find out whether it varies year after year. The mission chief scientist of this is Bruce Jakosky of the University of Colorado.

Variations in Structure of Brain Arteries Caused Migraine

Researchers at the Perelman School of Medicine at the University of Pennsylvania discovered that variations in arterial anatomy of brain lead to the asymmetries in cerebral blood flow, which in turn contributes to process of triggering migraine. The study conducted by the researchers found out that the networks of arteries which supply the blood flow to brain are incomplete in people suffering from migraines. It is important to note that the arterial supply of blood to brain receives protection from series of the connections between major arteries called circle of Willis. The circle of Willis is the term named after English physician, who described this first in the 17th century.
It was found by the researchers that people suffering from migraine and especially the migraine with aura, will mostly have missing circle of Willis. It was earlier believed that the root cause of migraine was dilation of blood vessels in head. In the study, it was found that blood vessels have a different role to play, than suspected earlier. It was suggested in the study that the structural alterations of the blood supply to brain can increase the vulnerability to alterations in the cerebral blood flow, which in turn contributes to the abnormal neuronal activity starting migraine.

Singing Can Help Learn Foreign Language Better

Researchers at the University of Edinburgh’s Reid School of Music found that singing in the foreign language can help a person significantly in improving their ability to learn a foreign language. It was found that the adults, who heard short Hungarian phrases and sang them, helped them perform better in comparison to people who just spoke those phrases. People who sang these phrases performed better than the ones who repeated the phrases by speaking rhythmically. Researchers performed the study by asking three randomly assigned groups of twenty adults to participate in a total of five tests. It was found that the singing group could perform better in four out of five tests. It was found that in one test, the participants who learnt a foreign language through singing could perform twice better than the others. It was also found out that the participants who learnt by singing could also recall the Hungarian phrases with more accuracy in a long term.
The researchers opted for Hungarian language because it is unfamiliar to most of the English speakers and is also one of the most difficult languages to master. This language has a completely different structure as well as the sound system in comparison to the Germanic or Romance languages like French and Spanish.

New Horizons Spacecraft spotted the largest moon of Pluto Charon

NASA’s Pluto-bound New Horizons Spacecraft in first week of July 2013 spotted Charon – the largest moon of Pluto that orbits at a distance of more than 19000 kilometer from the planet. Charon was captured in a cosmic snapshot by the spacecraft from a distance of about 885 million Kilometers. The New Horizon Aircraft of NASA spotted the ice-covered moon of the dwarf planet using its highest-resolution telescopic camera. The Pluto bound aircraft is orbiting Pluto for fast nine and a half year and Charon is among one of its greatest milestone, till date.
About Charon
Charon orbits the dwarf planet Pluto at a distance of 19000 kilometers and when seen from the new horizon, it seems to be about 0.01 degree way. Charon was discovered by James Christy of the Naval Observatory in 1978.

NASA’s Pluto Mission

In 2006, NASA dispatched an ambassador to the planetary frontier. The New Horizons spacecraft is now halfway between Earth and Pluto, on approach for a dramatic flight past the icy planet and its moons in July 2015. Hal Weaver, of the Johns Hopkins University Applied Physics Laboratory, Laurel is the Project Scientist of the New Horizons Project.

A rudimentary human liver from stem cells

In what is likely to be an important step towards regenerating complex organs from a person’s own cells, a team of Japanese scientists has used reprogrammed stem cells to produce a rudimentary human liver that could function in mice. The research could, in time, find clinical application as a way to help those with life-threatening liver damage, according to Takanori Takebe of the Yokohama City University Graduate School of Medicine in Japan. First, the human iPS cells were turned into progenitor liver cells. The progenitor cells were then cultured in a dish along with two other sorts of cells that interact with each other during the liver’s embryonic development. “We just simply mixed three cell types, including the human iPS-derived hepatic progenitors, and found that they unexpectedly self-organise to form a three-dimensional liver bud — [which] is a rudimentary liver,” remarked Prof. Takebe during the briefing. In human embryonic development, the liver bud normally forms five or six weeks after gestation. “We basically mimicked this very early transition process,” he said. The human liver buds were then implanted in mice, and cells in those buds continued to proliferate vigorously. Blood vessels that had developed in the buds rapidly connected with those of the host animal.

Scientists decoded Human Brain’s ability to Pay Attention

Scientists from Dartmouth’s Geisel School of Medicine and the University of California, Davis studied communications between synaptically connected neurons under conditions where subjects shifted their attention toward or away from visual stimuli that activated the recorded neurons. The Scientists were able to demonstrate that attention operates at the level of the synapse to improve sensitivity to incoming signals, sharpen the precision of these signals and selectively boost the transmission of attention grabbing information while reducing the level of noisy or attention-disrupting information. They reached this conclusion using the highly sensitive measure of attention’s on neuron-to-neuron communication. The scientific results point to a novel mechanism by which attention shapes perception by selectively altering presynaptic weights to highlight sensory features among all the noisy sensory input.
While scientific findings are consistent with other reported changes in neuronal firing rates with attention, they go far beyond such descriptions, revealing never-before tested mechanisms at the synaptic level. In addition to expanding our understanding of brain, this scientific study could help people with attention deficits resulting from brain injury or disease, possibly leading to improved screening and new treatments.

Today's GK(27-9-13)

India clinches bronze in Asia Cup hockey

Indian women defeated China via the penalty shootout to clinch the bronze medal in the eighth women’s Asia Cup hockey tournament here today.

India, which needed to win the tournament to qualify for next year’s World Cup to be held at The Hague, Netherlands, edged past China 3-2 in the shootout after both the teams were locked 2-2 at the regulation time.

By virtue of this win, the Indians managed to avenge their 0-1 defeat to the Chinese in the pool stages of the tournament.

India dominated proceedings in the first half and scored two field goals through Anuradha Devi Thokchom (16th minute) and Vandana Katariya (31st) to go into the breather with a comfortable 2-0 lead.

China pulled one back in the 51st minute through Yan Yan’s field goal to liven up the match.

The Indians had themselves to blame as some sloppy defending towards the end allowed China to draw parity when Wu Mengrong scored the equaliser in the 64th minute.

Thereafter, both the teams played cautiously in the last six minutes to take the encounter into the shootout.

In the shootout, the Indians came out on top, converting three of their chances as against the two by the Chinese girls.

Meanwhile, Japan stunned defending champion Korea 2-1 in the final to win the Asia Cup and secure a place in next year’s World Cup.

Sri Srinivasan was sworn in as Judge of US Court

Sri Srinivasan was on 26 September 2013 sworn in as judge of the US Courts of Appeal for the District of Columbia Circuit. It is the second most powerful court of the United States. He is the first Indian-American to be on the bench of the US Courts of Appeal for the District of Columbia Circuit. He was administered oath of office by Justice Sandra Day O’ Connor.

He is 46 years old. He was born in Chandigarh. His parents migrated to the United States in 1970s.

He was confirmed by the US Senate by a huge 97-0 vote for this job. Srinivasan was first nominated by US President Barack Obama on 11 June 2012. On 2 January 2013 his nomination was returned to the President, due to the sine die adjournment of the Senate.

On 3 January 2013, Obama re-nominated him for the same office.  Prior to this appointment, Srinivasan was the principal deputy solicitor general of the United States. Srinivasan started his legal career by serving as a law clerk for Judge J Harvie Wilkinson on the US Court of Appeals for the Fourth Circuit from 1995 to 1996.

Union Ministry of Tourism Launched -777 Days of Incredible Indian Himalayas-Campaign

Union Ministry of Tourism on 27 September 2013 launched -777 Days of Incredible Indian Himalayas- campaign to promote virgin peaks of Himalayas and make India a favoured tourist destination.

The campaign is aimed at attracting more foreign tourists for round the year and reminding the world that a major part of the Himalayan range is in India.

Minister of State for Tourism K.Chiranjeevi launched the 777 days of Incredible Indian Himalayas campaign in New Delhi to mark the World Tourism Day- 27 September.

The Ministry of Tourism also decided to meet 50 percent of Peak fee chargeable by Indian Mountaineering Foundation from the climbing expeditions during the period of 777 days of the campaign.

Adventure Tour Operators Association of India (ATOAI) is collaborating with the Ministry in the campaign and has designed special adventure programmes for 777 days. ATOAI would organise trekking, river rafting, Himalayan run, mountain and bike events as part of this campaign.

The campaign also invoked six Himalayan states including Jammu and Kashmir, Himachal Pradesh, Uttarakhand, West Bengal, Sikkim and Arunachal Pradesh for promoting Himalayas.  The 777 Days of Incredible Indian Himalayas campaign also aimed to spread awareness about the fact that 73 per cent of the Himalayan range lies in India.

On this occasion, Union Tourism Minister K. Chiranjeevi  launched two new promotional films -Greatest Show on Earth and Life Altering Journey on Himalayas - along with a map of the Himalayas. 

Voter has right to negative voting: SC

In a landmark verdict, the Supreme Court on Friday held that citizens have right to cast negative vote rejecting all candidates contesting polls, a decision which would encourage people not satisfied with contestants to turn up for voting.

The apex court directed the Election Commission to provide ‘none of the above options’ at the end of the list of candidates in electronic voting machines (EVMs) and ballot papers to allow voters to reject those contesting polls.

A bench headed by Chief Justice P Sathasivam said that negative voting would foster purity and vibrancy of elections and ensure wide participation as people who are not satisfied with the candidates in the fray would also turn up to express their opinion rejecting contestants.

It said that the concept of negative voting would bring a systemic change in the election process as the political parties will be forced to project clean candidates in polls.

The bench noted that the concept of negative voting is prevalent in 13 countries and even in India, parliamentarians are given an option to press the button for abstaining while voting takes place in the House.

The court said right to reject candidates in elections is part of fundamental right to freedom of speech and expression given by the Constitution to Indian citizens.

It said that democracy is all about choice and significance of right of citizens to cast negative voting is massive.

With the concept of negative voting, the voters who are dissatisfied with the candidates in the fray would turn up in large number to express their opinion which would put unscrupulous elements and impersonators out of the polls, it said.

The bench, while reading out the operative portion of the judgement, did not throw light on a situation in case the votes cast under no option head outnumber the votes got by the candidates.

It said that secrecy of votes cast under the no option category must be maintained by the Election Commission.

The court passed the order on a PIL filed by an NGO, People’s Union for Civil Liberties (PUCL) which had submitted that voters be given the right to negative voting.

Agreeing with the NGO’s plea, the bench passed the path-breaking verdict and introduced the concept of negative voting in the election process, saying that it would further empower the voters in exercising their franchise.

The latest verdict is part of series of judgements passed by the apex court on the election process.

Earlier, the apex court had restrained people in custody from contesting elections.

The apex court has also ruled that MPs and MLAs would stand disqualified after being convicted of serious crimes.

The government has brought an ordinance seeking to negate the court’s judgement striking down a provision in the electoral law that protected convicted lawmakers from immediate disqualification.

A two-judge bench of the apex court had felt that the issue on negative voting needed to be adjudicated by a larger bench as there were certain doubts over the interpretation of the ruling passed by a Constitution Bench in the Kuldip Nayar Vs Union of India case relating to a voter’s right.

Under the existing provisions of Rule 49(O) of the Representation of People Act, a voter who after coming to a polling booth does not want to cast his vote, has to inform the presiding officer of his intention not to vote, who in turn would make an entry in the relevant rule book after taking the signature of the said elector.

According to the PUCL, Rule 49(O) was violative of the constitutional provisions guaranteed under Article 19(1)(a) (Freedom of Speech and Expression) and Article 21 (Right to Liberty) and violated the concept of secret ballot.

 

Association of Mutual Funds in India Appointed Sundeep Sikka as Its Chairman

World Tourism Day observed on 27 September

World Tourism Day observed on 27 September 2013 across the world to bring awareness about the importance of tourism.

The purpose of this day is to raise awareness on the role of tourism within the international community and to demonstrate how it affects social, cultural, political and economic values worldwide.

Theme for 2013: Tourism and Water: Protecting our Common Future
   
This year’s theme highlights tourism’s role in water access and shines a spotlight on the actions currently being taken by the sector in order to contribute to a more sustainable water future, as well as the challenges ahead.

As the most widely celebrated global day for tourism, the day represents a unique opportunity to raise awareness of tourism’s role in water access and shine a spotlight on the sector’s contribution to a more sustainable water future.

Background

World Tourism Day was first celebrated in 1980 by the United Nations World Tourism Organisation.

The United Nations World Tourism Organization (UNWTO) decided in September 1979 to institute World Tourism Day, which was first celebrated on 27 September 1980. 27 September  was chosen as the date for World Tourism Day because that date coincided with an important milestone in world tourism: the anniversary of the adoption of the UNWTO Statutes on 27 September 1970.

Vidit Gujrathi Won Bronze in World Junior Chess Championship

The Government notified GAAR (General Anti Avoidance Rules)

The Union government of India on 26 September 2013 notified GAAR (General Anti Avoidance Rules). It seeks to check tax avoidance by investors routing their funds through tax havens. It will come into effect from 1 April 2016. The GAAR will apply to entities availing tax benefit of at least 3 crore rupees. It will apply to foreign institutional investors, FIIs that have claimed benefits under any Double Tax Avoidance Agreement (DTAA).

Investments made by a non-resident by way of offshore derivative instruments or P-Notes through FIIs, will not be covered by the GAAR provisions. The notification said, investments made before 30 August 2010, will not be scrutinised under GAAR.

Eight Scientists Selected for Shanti Swarup Bhatnagar Awards 2013

Angela Merkel Won Third Term in German Elections

Chancellor Angela Merkel won a third term by a landslide victory in German elections on 22 September 2013.

Chancellor Angela Merkel's conservative Union bloc - the Christian Democratic Union (CDU) and Bavarian Christian Social Union (CSU) won 41.5 percent of vote, but finished just short of an absolute majority.

The centre-left Social Democrats (SPD) won 25.7 percent of votes and the ecologist Greens won 8.4 percent votes.

Final results gave the CDU/CSU 311 seats, the Social Democrats 192, the centre-left Social Democrats (SPD) 64 seats and the ecologist Greens 63 seats.

About Angela Merkel

Angela Dorothea Kasner, better known as Angela Merkel, was born in Hamburg, West Germany, on 17 July 1954. Trained as a physicist, Merkel entered politics after the 1989 fall of the Berlin Wall.

Rising to the position of Chairwoman of the Christian Democratic Union party, Merkel became Germany’s first female chancellor, and one of the leading figures of the European Union, following the 2005 national elections.

Egyptian Iron and Steel Company signed a contract with Tata Steel to boost its production

First Ever Allard Prize for International Integrity Presented to Anna Hazare

The University of British Columbia’s Faculty of Law on 25 September 2013 presented Anna Hazare with the inaugural Allard Prize for International Integrity at Vancouver, Canada.

The Allard prize is one of the world’s largest awards recognizing efforts to combat corruption and to promote human rights.

About Allard Prize

The Allard Prize established in October 2012 by UBC Law alumnus Peter A. Allard, QC and the Allard Prize is awarded to an individual, movement or organization that has shown exceptional courage and leadership in combating corruption, especially through promoting transparency, accountability and the rule of law. The prize money for the award is 100000 US Dollars.

About Anna Hazare

Kisan Bapat Baburao Hazare born on 15 January 1940, popularly recognized as Anna Hazare, is an Indian social activist who is particularly acknowledged for his contribution in order to the development of Ralegan Siddhi, a village in Ahmednagar district, Maharashtra, India and his efforts for establishing it as a model village, for which he was awarded the Padma Bhushan by Government of India, in 1992. He played a large part in the 2011 Indian anti-corruption movement.

Raghuram Rajan awarded with the Fifth Deutsche Bank Prize

Reserve Bank of India governor Raghuram Rajan was awarded on 27 September 2013 with the Fifth Deutsche Bank Prize for Financial Economics 2013.They gave this award in recognition of his macro economics research which influenced financial and macro-economic policies around the world.

Raghuram Rajan was chosen for the prize from more than 260 nominations from top universities, central banks and research centres in 37 countries.

While presenting the prize Jurgen Fitschen, Co-Chairman of the Management Board explained that Raghuram Rajan revealed the relationship between the financial sector and the rest of the economy is so complex and it is not good enough to simply look at the size of the financial sector in relation to the gross domestic product (GDP), as is done so often at present.

Jurgen Fitschen also explained that Raghuram Rajan also expected the financial crises of 2008 in 2005 three ahead of global financial crises.

About Deutsche Bank Prize

• The Deutsche Bank Prize in Financial Economic honors outstanding achievements in researching globally relevant questions of financial economics and macroeconomics.
• The Centre for Financial Studies (CFS) awards the prize bi-annually in partnership with Goethe University Frankfurt.
• The Deutsche Bank Prize is sponsored by the Deutsche Bank Donation Fund. It carries an endowment of 50000 Euro.
• The prize is one of the most generously endowed in the areas of financial economics and macroeconomics in Europe.

About Deutsche Bank

Deutsche Bank is a German global banking and financial services company with its headquarters in the Deutsche Bank Twin Towers in Frankfurt, Germany.

About Raghuram Rajan

• Raghuram Govinda Rajan is the current and the 23rd Governor of the Reserve Bank of India.
• He worked as chief economic adviser to India's Ministry of Finance .
• He acted as Chief economist at the International Monetary Fund from 2003 to 2007.
• He co-authored Saving Capitalism from the Capitalists with Luigi Zingales in 2003.
• He wrote Fault Lines: How Hidden Fractures Still Threaten the World Economy published in 2010.For this book he won the Financial Times and Goldman Sachs Business Book of the Year Award for 2010.

Navneet Kaur Dhillon won the Multimedia Award at the Miss World 2013

KC Ponnappa Took Over the Office as Chairman of Nilgiri Planters’ Association

Sanjay Govind Dhande Appointed as UGC Member

Sanjay Govind Dhande, former director of IIT Kanpur, on 25 September 2013 appointed as a member of UGC for a term of three years.Sanjay Govind Dhande's tenure as UGC member would be till 24 September 2016.

The Union Government on 18 September 2013 removed social scientist Yogendra Yadav from the membership of the University Grants Commission (UGC) for joining the Aam Admi Party.

About Sanjay Govind Dhande

Sanjay Govind Dhande is an India Engineer and Educationist. He was former director of the Indian Institute of Technology- Kanpur and he has act as a temporary charge of the Indian Institute of Information Technology and Management Gwalior.

Sanjay Govind Dhande was the founder director of PDPM Indian Institute of Information Technology Design and Manufacturing Jabalpur. He served as a part-time member of Telecom Regulatory Authority of India