2012, ഒക്‌ടോബർ 31, ബുധനാഴ്‌ച

Increased DA from December

THIRUVANANTHAPURAM: The government employees and pensioners will receive dearness allowance (DA) increased in July along with their salaries and pension for the month of December, Finance Minister K M Mani said. The arrears in the dearness allowance for the period from July to November will be credited to the provident fund account of the employees, while pensioners will receive it in cash. The government expected an annual additional financial liability of Rs 1,170 crore on this account, the minister said in a release.

Increased DA from December

THIRUVANANTHAPURAM: The government employees and pensioners will receive dearness allowance (DA) increased in July along with their salaries and pension for the month of December, Finance Minister K M Mani said. The arrears in the dearness allowance for the period from July to November will be credited to the provident fund account of the employees, while pensioners will receive it in cash. The government expected an annual additional financial liability of Rs 1,170 crore on this account, the minister said in a release.

Sensex rebounds by 75 points on value-buying


MUMBAI: The BSE benchmark Sensex on Wednesday recovered by 75 points on emergence of value-buying in metal, auto and pharma stocks as investors judged yesterday’s fall as excessive amid firming global cues.

The 30-share Sensex, which had lost 205 per cent in the previous session, bounced back by 74.53 points, or 0.40 per cent, to close at 18,505.38.

Maruti Suzuki and Dr Reddy’s rose 2-3 per cent after robust earnings, while metal stocks including Hindalco, Jindal Steel and Sterlite Industries also notched up smart gains.

Among Sensex components, overall 20 stocks gained including HDFC, SBI, ICICI Bank and Sun Pharma.

Brokers said today’s upward move was supported by recent under-performers after RBI disappointed markets by not cutting repo rate.

Analysts said auto stocks were in demand on expectations the vehicle sales might surge due to the festival season, while banking shares rose on hopes of better earnings on hike in liquidity.

The Indian market received further boost on firming global trend after economic data from South Korea and Taiwan signalled that the global slowdown may be easing.

The National Stock Exchange index Nifty rose by 21.80 points, or 0.39 per cent, to close at 5,619.70, after touching the day’s low of 5,583.05.

Sectorally, the BSE healthcare index gained the most (1.72 per cent), followed by auto sector (1.55 per cent), realty (1.43 per cent) and metal (1.20 per cent).

Sensex rebounds by 75 points on value-buying


MUMBAI: The BSE benchmark Sensex on Wednesday recovered by 75 points on emergence of value-buying in metal, auto and pharma stocks as investors judged yesterday’s fall as excessive amid firming global cues.

The 30-share Sensex, which had lost 205 per cent in the previous session, bounced back by 74.53 points, or 0.40 per cent, to close at 18,505.38.

Maruti Suzuki and Dr Reddy’s rose 2-3 per cent after robust earnings, while metal stocks including Hindalco, Jindal Steel and Sterlite Industries also notched up smart gains.

Among Sensex components, overall 20 stocks gained including HDFC, SBI, ICICI Bank and Sun Pharma.

Brokers said today’s upward move was supported by recent under-performers after RBI disappointed markets by not cutting repo rate.

Analysts said auto stocks were in demand on expectations the vehicle sales might surge due to the festival season, while banking shares rose on hopes of better earnings on hike in liquidity.

The Indian market received further boost on firming global trend after economic data from South Korea and Taiwan signalled that the global slowdown may be easing.

The National Stock Exchange index Nifty rose by 21.80 points, or 0.39 per cent, to close at 5,619.70, after touching the day’s low of 5,583.05.

Sectorally, the BSE healthcare index gained the most (1.72 per cent), followed by auto sector (1.55 per cent), realty (1.43 per cent) and metal (1.20 per cent).

28 killed in wedding party blaze in Saudi Arabia

RIYADH: Twenty-eight people were killed and 37 injured in a blaze that hit a wedding party in Saudi Arabia’s eastern town of Abqaiq, a senior security official said on Wednesday.

The fire was sparked on Tuesday night by a falling power cable, added General Abdullah Khushaiman, the director of civil defence in the kingdom’s eastern region.

Witnesses said that the power cable snapped and came down due to celebratory bullets shot in the air by some guests.

28 killed in wedding party blaze in Saudi Arabia

RIYADH: Twenty-eight people were killed and 37 injured in a blaze that hit a wedding party in Saudi Arabia’s eastern town of Abqaiq, a senior security official said on Wednesday.

The fire was sparked on Tuesday night by a falling power cable, added General Abdullah Khushaiman, the director of civil defence in the kingdom’s eastern region.

Witnesses said that the power cable snapped and came down due to celebratory bullets shot in the air by some guests.

Myanmar must protect Muslims and halt discrimination, UN says


 Story Dated: Wednesday, October 31, 2012 22:0 hrs IST 
Text Size
GENEVA (Reuters) - U.N. human rights investigators called on Myanmar on Wednesday to halt deadly sectarian violence and warned it not to use the conflict as a pretext to remove Rohingya minority Muslims.

Some 89 people have been killed in clashes between Buddhist Rakhines and Muslim Rohingyas in western Myanmar in the past 10 days, according to the latest official toll.

"This situation must not become an opportunity to permanently remove an unwelcome community," said a joint statement issued by Tomas Ojea Quintana, U.N. special rapporteur on Myanmar, and independent experts on minority issues and the internally displaced.

They voiced their "deep concern about the assertion of the government and others that the Rohingya are illegal immigrants and stateless persons".

"If the country is to be successful in the process of democratic transition, it must be bold in addressing the human rights challenges that exist," Ojea Quintana said.

"In the case of Rakhine State, this involves addressing the long-standing endemic discrimination against the Rohingya community that exists within sections of local and national government as well as society at large."

The Rohingyas say their homes were burned down by Rakhines armed with slingshots, wooden staves, knives and gasoline.

The United Nations says more than 97 percent of the 28,108 people who have fled the violence are Muslims, mostly stateless Rohingya. Many now live in camps, joining 75,000 mostly Rohingya displaced in June after a previous explosion of sectarian violence killed at least 80 people.

Fearful Buddhists and Muslims are arming themselves with homemade weapons, testing the reformist government's resolve to prevent a new wave of violence.

Rita Izsak, U.N. independent expert on minority issues, said the Rohingya constituted a minority which must be protected according to international minority rights standards.

"The government must take steps to review relevant laws and procedures to provide equal access by the Rohingya community to citizenship and promote dialogue and reconciliation between communities," she said.

The U.N. refugee agency has called on authorities to restore law and order so as to prevent further bloodshed and displacement. An estimated 6,000 people are stranded on boats or on islets along Myanmar's western coast, it said on Tuesday.

"We are appealing to neighbouring countries, Bangladesh being very much one of them, to keep borders open. It is clearly important that people do have access to safe haven," UNHCR spokesman Adrian Edwards told a news briefing on Tuesday.

(Reporting by Stephanie Nebehay in Geneva and Martin Petty in Rakhine; editing by Andrew Roche)

Myanmar must protect Muslims and halt discrimination, UN says


 Story Dated: Wednesday, October 31, 2012 22:0 hrs IST 
Text Size
GENEVA (Reuters) - U.N. human rights investigators called on Myanmar on Wednesday to halt deadly sectarian violence and warned it not to use the conflict as a pretext to remove Rohingya minority Muslims.

Some 89 people have been killed in clashes between Buddhist Rakhines and Muslim Rohingyas in western Myanmar in the past 10 days, according to the latest official toll.

"This situation must not become an opportunity to permanently remove an unwelcome community," said a joint statement issued by Tomas Ojea Quintana, U.N. special rapporteur on Myanmar, and independent experts on minority issues and the internally displaced.

They voiced their "deep concern about the assertion of the government and others that the Rohingya are illegal immigrants and stateless persons".

"If the country is to be successful in the process of democratic transition, it must be bold in addressing the human rights challenges that exist," Ojea Quintana said.

"In the case of Rakhine State, this involves addressing the long-standing endemic discrimination against the Rohingya community that exists within sections of local and national government as well as society at large."

The Rohingyas say their homes were burned down by Rakhines armed with slingshots, wooden staves, knives and gasoline.

The United Nations says more than 97 percent of the 28,108 people who have fled the violence are Muslims, mostly stateless Rohingya. Many now live in camps, joining 75,000 mostly Rohingya displaced in June after a previous explosion of sectarian violence killed at least 80 people.

Fearful Buddhists and Muslims are arming themselves with homemade weapons, testing the reformist government's resolve to prevent a new wave of violence.

Rita Izsak, U.N. independent expert on minority issues, said the Rohingya constituted a minority which must be protected according to international minority rights standards.

"The government must take steps to review relevant laws and procedures to provide equal access by the Rohingya community to citizenship and promote dialogue and reconciliation between communities," she said.

The U.N. refugee agency has called on authorities to restore law and order so as to prevent further bloodshed and displacement. An estimated 6,000 people are stranded on boats or on islets along Myanmar's western coast, it said on Tuesday.

"We are appealing to neighbouring countries, Bangladesh being very much one of them, to keep borders open. It is clearly important that people do have access to safe haven," UNHCR spokesman Adrian Edwards told a news briefing on Tuesday.

(Reporting by Stephanie Nebehay in Geneva and Martin Petty in Rakhine; editing by Andrew Roche)

2 dead as Nilam crosses TN coast

Chennai: Cyclone Nilam Wednesday swept across north Tamil Nadu coast near Mahabalipuram, about 55 km from here, leaving two persons dead, including a crew member of an oil tanker that ran aground off the city. 

The crew member drowned after a life boat carrying him and 21 colleagues capsized in choppy waters off Besant Nagar locality in south Chennai in high velocity winds just hours before the cyclone hit the coast. He was brought dead to a hospital while 15 others were rescued. 

They had attempted to escape using the life boat after the ship with 37 crew ran aground having been drifted by high velocity winds. Two others are in a serious condition, Chennai Port Trust officials said. 

Navy, Coast Guard and other agencies are searching for the remaining six. The other 15 remained onboard "Pratibha Cauvery", the officials said. 

In Puducherry, a 46-year old man slipped into the rough sea and drowned when he, along with his friends, was walking on the pier to see the sea conditions during the cyclonic storm. 

It was much relief to the authorities as the cyclone, forecast to be accompanied by wind speeds reaching 110 kmph, made the landfall with a maximum speed of only 65-75 kmph, saving the state of largescale destruction. 

About 4,000 people residing close to coast in Mahabalipuram, a famous tourist spot known for its temples and sculptures, were evacuated to safer places, officials said. 

"Cyclonic storm NILAM moved north-northwestwards, crossed north Tamil Nadu coast near Mahabalipuram, south of Chennai between 4 pm and 5 pm today," a weather bulletin said. 

The system, which brought heavy downpour in several parts of the state in the last two days, would move northwestwards and weaken into a deep depression during the next six hours. 

It would continue to bring more rainfall over north coastal Tamil Nadu and Puducherry, even upto 25 cm or more, the bulletin said. 

"Rainfall at most places with isolated heavy to very heavy falls would also occur over south coastal Andhra Pradesh, Rayalaseema and north interior Tamil Nadu during next 24 hours," it added. 

Gale winds reaching upto 65-75 kmph gusting to 85 kmph would prevail along and off north Tamil Nadu, Puducherry and adjoining south Andhra Pradesh coasts in the next six hours and gradually decrease thereafter.

Sea condition will be very rough to high along and off north Tamil Nadu, Puducherry and adjoining south Andhra Pradesh coasts during the next six hours and fishermen have been warned against venturing into the sea till Thursday. 

Power supply was suspended in many parts of Chennai where more than 100 trees were uprooted by the storm, forcing people to remain largely indoors. 

Educational institutions will remain closed in coastal districts of Tamil Nadu tomorrow, Chief Minister J Jayalalithaa said after reviewing the situation. 

Southern Railways announced diversion and partial cancellation of trains, especially those passing through coastal districts. 

Trains were also being operated at low speed to ensure safety, officials said. 

A report from Karaikal in the union territory of Puducherry said life was affected in the town adjoining Tamil Nadu following heavy rains. 

Officials said educational institutions in the district remained shut for third consecutive day. 

2 dead as Nilam crosses TN coast

Chennai: Cyclone Nilam Wednesday swept across north Tamil Nadu coast near Mahabalipuram, about 55 km from here, leaving two persons dead, including a crew member of an oil tanker that ran aground off the city. 

The crew member drowned after a life boat carrying him and 21 colleagues capsized in choppy waters off Besant Nagar locality in south Chennai in high velocity winds just hours before the cyclone hit the coast. He was brought dead to a hospital while 15 others were rescued. 

They had attempted to escape using the life boat after the ship with 37 crew ran aground having been drifted by high velocity winds. Two others are in a serious condition, Chennai Port Trust officials said. 

Navy, Coast Guard and other agencies are searching for the remaining six. The other 15 remained onboard "Pratibha Cauvery", the officials said. 

In Puducherry, a 46-year old man slipped into the rough sea and drowned when he, along with his friends, was walking on the pier to see the sea conditions during the cyclonic storm. 

It was much relief to the authorities as the cyclone, forecast to be accompanied by wind speeds reaching 110 kmph, made the landfall with a maximum speed of only 65-75 kmph, saving the state of largescale destruction. 

About 4,000 people residing close to coast in Mahabalipuram, a famous tourist spot known for its temples and sculptures, were evacuated to safer places, officials said. 

"Cyclonic storm NILAM moved north-northwestwards, crossed north Tamil Nadu coast near Mahabalipuram, south of Chennai between 4 pm and 5 pm today," a weather bulletin said. 

The system, which brought heavy downpour in several parts of the state in the last two days, would move northwestwards and weaken into a deep depression during the next six hours. 

It would continue to bring more rainfall over north coastal Tamil Nadu and Puducherry, even upto 25 cm or more, the bulletin said. 

"Rainfall at most places with isolated heavy to very heavy falls would also occur over south coastal Andhra Pradesh, Rayalaseema and north interior Tamil Nadu during next 24 hours," it added. 

Gale winds reaching upto 65-75 kmph gusting to 85 kmph would prevail along and off north Tamil Nadu, Puducherry and adjoining south Andhra Pradesh coasts in the next six hours and gradually decrease thereafter.

Sea condition will be very rough to high along and off north Tamil Nadu, Puducherry and adjoining south Andhra Pradesh coasts during the next six hours and fishermen have been warned against venturing into the sea till Thursday. 

Power supply was suspended in many parts of Chennai where more than 100 trees were uprooted by the storm, forcing people to remain largely indoors. 

Educational institutions will remain closed in coastal districts of Tamil Nadu tomorrow, Chief Minister J Jayalalithaa said after reviewing the situation. 

Southern Railways announced diversion and partial cancellation of trains, especially those passing through coastal districts. 

Trains were also being operated at low speed to ensure safety, officials said. 

A report from Karaikal in the union territory of Puducherry said life was affected in the town adjoining Tamil Nadu following heavy rains. 

Officials said educational institutions in the district remained shut for third consecutive day. 

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