Nri Newsletter from Amdavad by imexforex

VIEWS: 79 PAGES: 7

Weekly newsletter form Ahmedabad -Gujarat to keep Gujaratis connected to the homeland

More Info
									      KEEP YOU CONNECTED TO YOUR ROOTS




DATE: 15th July                          2012
AHMEDABAD       RECEIVES     28    MM    OF
RAINFALL

The city received a total of 28 mm of rainfall in the last 24 hours. Heavy showers greeted denizens early
on Wednesday morning when children got ready for schools. Between 6 am and 4 pm, various parts of
the city received nearly 17 mm of rainfall. Tuesday's rains caused heavy water logging in various parts
of eastern and central zones of Ahmedabad Municipal Corporation (AMC). Other areas like Nikol Road,
Bhairavnath and Odhav experienced water logging in the morning following heavy showers. This was
the best rainfall figures recorded this season, said officials at the AMC control room. The heavy rains led
to several gaping cave-ins in east and south zones of the AMC. Denizens of Sundaram Nagar in east
zone and Jasodanagar in south zone had to grapple with huge cave-ins. While the AMC officials
managed to repair the Sundaram Nagar cave-in by Wednesday evening, work was still underway at the
cave-in in Jashodanagar. Strong winds and heavy downpour also took its toll on the green canopy of
the city. Five trees were uprooted in Bapunagar, Nava Vadaj, Naroda, Khokhara and Maninagar. In
Bapunagar, the uprooted tree fell on a parked autorickshaw. However, no one was injured in the
incident. Two incidents of short circuit were also reported from Naranpura and Vyaswadi areas. Both
the short circuits were caused by the incessant rains. Fire brigade personnel got a call that a peacock
had got stuck on an electric pool in Shah-e-Alam area. The peacock had a miraculous escape from sure
death, thanks to a quick rescue operation carried out by officials of the Ahmedabad Emergency and Fire
Services.

                                  RAINS PLAY TRUANT IN AHMEDABAD

Despite having arrived officially, monsoon seems to be playing truant as the city continued its wait for
the rains, this weekend as well. While some parts of the city received few showers for some seconds,
no other monsoon activity was reported from Ahmedabad. The Met department has, however,
predicted one or two spells of rain or thundershowers in Ahmedabad for tomorrow. With the sky
remaining overcast for most of the day, Amdavadis didn’t complain much. “I was warned of the severe
heat in Ahmedabad and hence chose to come here during the monsoon. While there is no rain, I am
glad that at least it is not as hot as I was lead to believe. In fact I find the weather pleasant,” said
Seena Somashekharan, a student from Chennai on a visit to Ahmedabad. Ahmedabad on Sunday
recorded a temperature of 36.5 degree Celsius with Idar continuing to record the highest temperature
across the state at 37.2 degree Celsius. In the last 24 hours, 19 districts of the state received some
amount of rain with Sagbara in Narmada receiving the maximum rainfall of 58mm, while across the
state, Kutch has received the least rainfall. The average rainfall for the region for this monsoon is 4
mm, which is just 1% of the average rain. South Gujarat received the highest average rain of this
season with 150 mm of rain which is 11% of the average rainfall. Between 4 and 8 in the evening, rain
was recorded in 48 talukas of 14 districts in the state. In all, Gujarat received 25 mm of rain on Sunday.
Tapi and Valsad received the maximum rainfall with Pardi recording 52mm of rain.
                              G-AUTO SERVICES LAUNCHED IN RAJKOT

RAJKOT: Gujarat Urban development Minister Nitin Patel on Friday launched G-auto services, an
organized auto -rickshaw service, in city. Earlier, Rajkot Municipal Corporation (RMC) signed an
agreement with Nirmal Foundation founded by Nirmal Kumar, an IIM (A) graduate, which organizes
auto rickshaw drivers under the brand name 'G-Auto'. According to RMC officials, the fleet auto
rickshaw services will be available round the clock and it will be just a call away. RMC officials said that
in the first phase total 50 rickshaws will be in services and more rickshaws will be added in a phased
manner. "Our aim is to improve the informal public transport system in city through a fleet auto
rickshaw service. We want to organize the existing auto rickshaws into fleet-based service, operating
under a common brand name and meeting certain minimum service and performance requirements,''
said RMC commissioner Ajay Bhadoo . RMC has provided Rs 5 lakh as initial financial assistance to G-
Auto. Owing to its experience in the sector, G-Auto has been selected by RMC, with support from
EMBARQ India, as a strategic partner to implement fleet auto-rickshaw services in city. RMC, G-Auto
and EMBARQ, India, have worked on formalizing specific roles and responsibilities for each party
towards implement fleet services in city.

                    INTERNATIONAL COACH BUILDERS QUEUE UP FOR METRO

Engineering majors from Japan, France, China, Germany and Austria are in the race to build coaches for
the proposed Ahmedabad-Gandhinagar metro rail. Eight global giants like France's Alstom,
Construcciones Y Auxiliar De Ferrocarriles, Bombardier India, Austria's Siemens and Korea's Hyundai
Rotem are among others that have evinced interest in the Rs 15,000-crore project, being executed by a
special purpose vehicle, Metro Link Express for Gandhinagar and Ahmedabad Company Limited (MEGA).
Among other engineering companies who submitted expression of interest to supply the rolling stock
are China's Dalian Locomotive of the CNR Group, CSR Corporation, the Chinese state-owned enterprise,
Japan's Mitsubishi Electric, Nippon Sharyo Limited, Sojitz Corporation, Toyo Denki, and West Bengal-
based Titagarh Wagons. "The participation from the multinationals reaffirms the international
investors' preference to the state as an attractive and promising investment destination. The project in
itself signifies the growth and development that the state has embarked on in the past decades," said
Sanjay Gupta, executive chairman of MEGA. The firms have expressed interest in designing,
manufacturing, supplying, testing and commissioning of the passenger rolling stock on broad gauge.

           SAY GOODBYE TO QUEUES AT AHMEDABAD RTO, GO ONLINE FOR LICENCE

                                              After introducing a systematic approach for registration of
                                              vehicles, Regional Transport Office (RTO) of Ahmedabad
                                              has made online registration compulsory for a new driving
                                              licence. After this step, an automated date will be
                                              generated when you will be required at the RTO for further
                                              procedure. This system, that came into effect from July 1,
                                              will also apply to renewal and issue of duplicate driving
                                              licences as well. Prior to this development, one could simply
                                              walk into the RTO and apply for a driving licence, which no
longer will be the case. RTO had earlier tested this online system as a pilot project in issue of learner’s
driving licence, but it wasn’t obligatory. This was a positive step forward as it is mostly youngsters who
apply for this legal document for driving. They being well-versed with computers ensured 60% success
rate for the RTO in six months of implementing this system. Buoyed by this success, RTO has now gone
the online way in all of its activities. The system initially will be implemented in the two RTOs of
Ahmedabad, followed by other transport offices in Gujarat. In addition, 18 windows at the RTO will
curtail queues. A call centre to address consumer issues will further reduce burden on RTO employees.

                                     Website: www.sarthi.nic.in
                    CEPT PREPARES ROADMAP FOR A GREENER AHMEDABAD

 Solar cooling and heating roof panels over Bus Rapid Transport System (BRTS) corridors and bus stops,
                                                rooftop gardens for buildings, solar panel-oriented buses
                                                and a policy fixing eco-friendly colour facade for
                                                buildings are a few proposals to make Ahmedabad a
                                                greener and sustainable city. And to achieve this,
                                                Ahmedabad has been included in the list of cities for the
                                                development and assessment toolkit project funded by
                                                the Asian Development Bank (ADB). Awarded to the
                                                Centre for Environmental Planning and Technology
                                                (CEPT) University, the project managers are working in
                                                close association       of the Ahmedabad          Municipal
                                                Corporation (AMC) to develop a city specific green
                                                toolkit. The project, ‘Implementing the city infrastructure
                                                investments prioritisation and programming toolkit
(CIIPP)’, involves development of a toolkit that can give alternative approaches for a greener city as
well as assess how green a city is. The idea behind this is to screen cities on the green index and
sensitise the local authorities while revising the city development plan. “The final presentation is slated
for next month while the initial one was given in February in Singapore. Keeping diverse nature of the
country in mind, CEPT has included a city each from north, south, east and west. Ahmedabad is one of
these. As compared to other existing conventional assessment parameters, this toolkit is a well
structured format, extremely flexible and empowers local governments,” said project manager
Sameeha Sheth, who had presented the initial report. While the toolkit will help in assisting current
sustainability situation of Ahmedabad, including projects like BRTS, garbage disposal, water
management and others, it also aims at identifying green projects for the AMC to invest in, prioritise
these projects and safeguard investments against climate risks. Given the positivity of the people of
ahmedabad, the only successful BRTS in India, the richest municipal corporation in India, I have no
doubt that Ahmedabad has it in itself to make a success of the project. of greening

                     AMBAJI TEMPLE ADMINISTRATION BANS VIP DARSHAN

 Next time if you visit Ambaji Temple, be prepared to stand in the queue for the darshan for the Ambaji
temple administration has stopped issuing VIP passes for Darshan. Officials said the temple
administration was issuing VIP passes to those who
donated more than Rs 5000 to the trust. These people
were allowed to entered the temple sacred premises
where only the priests were allowed. Also a person
holding the VIP passes was even allowed to perform
pooja. Officials said that they were receiving complaints
from the common people saying that a person who
donates should not be allowed to enter the sacred area
and perform pooja. Officials also said that the the VIP pass
scheme was misused by those in contact with security
persons, employees, local influential people and others.
Due to rush inside the sacred area, common people
standing outside the garbha-gruha (sacred areas) could
not even do proper darshan. Hence keeping in view these
complaints and the administration ac-tion on the direction
of the chairman who is the district collector of the District not to allow any one inside the sacred area
and also do away with the VIP scheme. Now onwards only Brahmins will be allowed to enter
garbhgruha for pooja, said administration officials.
                 GUJARAT’S ‘SUICIDE CAPITAL’ RAJKOT AMONG TOP 5 IN INDIA

Rajkot is the official suicide capital of Gujarat. With suicide rate of 28 (number of suicides per lakh
inhabitants as per mid-year population estimates), it shares third spot jointly with Chennai. Only two
newly-introduced cities this year by National Crime Records Bureau (NCRB) — Kollam in Kerala and
Durg Bhilai in Chhattisgarh — are ahead of the cities with rate of 39.3 and 33.6 respectively. Jabalpur in
Madhya Pradesh ranks close fifth with rate of 27.7. Rajkot, considered the industrial hub for
Saurashtra, ranks consistently amongst top 5 cities with high suicide rates for past five years in NCRB's
annual publication Accidental Deaths and Suicides in India (ADSI). However, there is silver lining to the
fact. As per the latest findings, the rate has come down over the period of time from 41.5 per cent in
2010 to 28 in 2011. The number of suicides has partially increased with increase in population as
compared to 385 suicides in 2010; the number has risen to 390.

       ******************************************************************************


      FOR MARKET DETAILS ON FOREX,
      FOR MARKET DETAILS ON FOREX,
            EQUITY, BULLUON
            EQUITY, BULLUON
      Clliick on; http://www.riticonsultancy.in/
      C ck on
                                    Or copy past on the browser.

******************************************************************************


MARKET AT A GLANCE

BSE    17213.7       NSE     5227.25

GOLD    29315          SILVER 52982



NATIONAL UPDATE : GAAR TO BE REWORKED AS PM WANTS NEWPLAN

Prime Minister Manmohan Singh today indicated the General Anti-Avoidance Rules (GAAR) would be
written afresh, as the government strove to undo the damage to investor sentiment seen after the rules
were proposed in the Budget. A new panel headed by taxation expert Parthasarathi Shome, the head of
ICRIER (Indian Council for Research on International Economic Relations) and a former adviser to the
finance minister during P Chidambaram’s tenure between 2004 and 2008, will draft fresh GAAR
guidelines and prepare a road map for its implementation to be submitted to the government by
September 30. NRangachary, former Irda chairman, Ajay Shah, professor, NIPFP (National Institute of
Public Finance and Policy) and Sunil Gupta, joint secretary, tax policy and legislation, department of
revenue, are also on the panel. The government has apparently tried to rope in the best taxation brains
to soothe the nerves of foreign investors, which according to the chairman of the prime minister’s
economic advisory council, C Rangarajan, was the intent behind introducing GAAR. Within a fortnight
of the finance ministry having put up the draft guidelines in the public domain, the PM today approved
the constitution of the expert committee on GAAR to hold consultations with stakeholders. Singh had
asked ministry officials to address tax concerns and the draft guidelines were put up on the ministry
website the next day. Within hours, his office had clarified that the prime minister had not seen the
draft guidelines and the final version would come only after his approval. A prime minister’s office
(PMO) release said today the committee under Shome would vet and rework the guidelines based on
feedback and publish the second draft by August 31. The final guidelines would be submitted to the
government by September 30.
*********************************************************************

 FOR DETAIL INFORMATION ON MUTUAL FUND, EQUITY, AND INVESTMENTS GUIDANCE OR
    IF YOU ARE INTERESTED IN INVESTING IN EQUITIES, IPOs, MUTUAL FUNDS, BANK
                DEPOSITS OR EVEN IN REAL ESTATE, YOU MAY EMAIL TO

     Log in to; http://www.riticonsultancy.in/ OR EMAIL TO: imexforex@gmail.com

*********************************************************************



                                    RUPEE GAINS ON NARROWING
                                    TRADE DEFICIT, FOREIGN BUYING

The rupee rallied on Friday to notch its third consecutive weekly gain after
a narrowing trade deficit helped ease concerns about the country's fiscal outlook, while signs of foreign
flows also helped. Imports fell sharply in June, partly because of lower global oil prices, narrowing the
trade deficit in June and providing a silver lining for a country facing concerns about its record high
current account deficit. Traders also cited strong buying by foreign investors into Indian debt and stock
markets this month, which analysts have attributed in part to hopes for government policy reforms
after the presidential elections on July 19.




                                    GUESS - WHO IS WHO

                       $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$




For viewing latest Indian Stock Market – Gold – Currency Rate BSE-NSE Commentary
Gold-Rate Currency. http://www.imexforex.com/foreign.htm



MEDICAL CONSULTATION ONLINE–GET YOUR HEALTH RELATED PROBLEM ANSWERED.

       LOG in to http://www.familyphysicianonline.com/ . FAMILY PHYSICIAN ONLINE



                 *********************************************
         QUOTE OF THE WEEK




     IMEXFOREX SERVICES
     IMEXFOREX SERVICES
                     NOW

     ANARIE SOLUTIONS
      NRI SERVICE PROVIDERS
      NRI SERVICE PROVIDERS

https://sites.google.com/site/anariesolutions/
   E-mail: info@imexforex.com : imexforex@gmail.com

								
To top