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A Voice of IT People
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Year-8 Vol.-6 | 10 September 2014
E-mail : info@aiita.org | Website : www.aiita.org | www.alma.asia
PRESIDENT VIEW
Santosh Shukla, Advocate president@aiita.org
Nothing Just Happens! Nothing Just Happens Creflo Dollar always says "nothing just happens!" Everything happens because something caused it to happen. The law of cause and effect not only applies to success, but equally applies to failure. What Dr Moses says is that most of you would agree that such statements make sense when it comes to prosperity and success. But would you agree that cause and effect apply to poverty and failure as well? What I mean is that it is generally accepted that if you are rich then you must have worked very hard to get rich. You must have done something special or extraordinary in order to acquire your wealth. However, if you are a failure it is generally thought that you did not do anything, but simply happened to find yourself in that situation. Failure seems to be accepted as default circumstances in people's lives. But I dare say that the person that is a failure also did something extraordinary or special to be in that situation. They worked very hard at becoming and remaining failures. It takes effort to be successful. You have to dream of success, see yourself a success, plan, work on your plans every day, overcome obstacles, keep yourself motivated in the face of temporary defeat and not fold your hands to opportunities. Similarly, it takes effort to be and remain a failure. You have to dream of failure, see yourself a failure, not plan, avoid working on anything worthwhile every day, give in to temporary defeat and fold your hands to opportunities.
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Japan and India vow to boost defence ties during summit nations. Japanese Prime Minister Shinzo Abe and his Indian counterpart Narendra Modi also agreed to speed up talks on a so-far elusive deal on nuclear energy cooperation, welcoming what they called "significant progress" in the negotiations. "From this day on, Prime Minister Modi and I will work hand-in-hand to dramatically strengthen relations in every field and elevate ties to a special, strategic global partnership," Abe told a joint media event after a summit with Modi. They also agreed to accelerate talks on the possible sale of an amphibious aircraft to India's navy - likely to become Japan's first overseas military sale in nearly 50 years and a result of Abe's more muscular approach to defence in the face of an assertive China. Modi, on his first major foreign visit since a landslide election win in May, arrived on Saturday for a five-day trip aimed at capitalising on his personal affinity with Abe to bolster security and business ties. "We intend to give a new thrust and direction to our defence cooperation, including collaboration in defence technology and equipment, given our shared interest in peace and stability and maritime security," Modi said. In a sign of their warmth, the two leaders greeted each other with a bear hug TOKYO: Japan and India agreed to strengthen defence ties as Asia's when they met on Saturday in Japan's ancient capital of Kyoto for an second and third biggest economies keep a wary eye on a rising China, with informal dinner. Modi is one of three people that Abe follows on Twitter, Prime Minister Narendra Modi lashing out at the "expansionism" of some while the Indian leader admires Abe's brand of nationalist politics.
Swiss economy most competitive Don't mess with nuclear Russia, once again; EU, U.S., Japan improve President Vladimir Putin says GENEVA: The European Union is becoming more competitive but Switzerland, Singapore and the United States are the three economies to beat, an annual survey by the World Economic Forum said. The Global Competitiveness Report published by the Genevab a s e d b o d y, which is most famous for gathering politicians and billionaires for an annual exchange of views at the Alpine resort of Davos, showed the same 10 countries filling the top 10 spots for at least the third year running. Switzerland's slick e f f i c i e n c y, i n n o v a t i o n a n d macroeconomic stability kept it on top for a sixth year in a row, although it was marked down for the difficulty of finding qualified workers. "A potential threat to Switzerland's competitive edge might be the
increasing difficulties faced by businesses and research institutions in finding the talent they need to preserve their outstanding capacity to innovate," the report said. The United States muscled into third place ahead of Finland and Germany, while J a p a n leapfrogged Hong Kong and the Netherlands to take sixth spot. EU states such as R o m a n i a , Portugal and Latvia were among those rising up the ranks of competitiveness. Greece, which is still bringing up the rear for the EU, in 81st place globally, jumped 10 places up the rankings from 91st last year. Greece was helped by improvements in its goods and labour markets and a sharply reduced budget deficit, which improved the outlook despite still very high levels of government debt.
LAKE SELIGER: President Vladimir Putin said on Friday Russia's armed forces, backed by its nuclear arsenal, were ready to meet any aggression, declaring at a pro-Kremlin youth camp that foreign states should understand: "It's best not to mess with us." Putin told the assembly, on the banks of a lake near Moscow, the Russian takeover of Crimea in March was essential to save a largely Russian-speaking population from Ukrainian government violence. He said continued fighting in eastern Ukraine, where pro-Russian separatists launched an uprising in April, was the result of a refusal by Kiev to negotiate. Ukraine, and Western governments, accuse Russia of sending troops and armour to back the separatists in a conflict that has already killed over 2,000 people. Russia denies the charge. "Russia is far from being involved in any large-scale conflicts," he said at the camp on the banks of Lake Seliger. "We don't want that and don't plan on it. But naturally, we should always be ready to repel any aggression towards Russia. "Russia's partners...should understand it's best not to mess with us," said Putin, dressed casually in a grey sweater and light blue jeans.
India to tighten up banking risk management - Jaitley NEW DELHI: Finance Minister Arun Jaitley said t h a t t h e government was working to tighten u p r i s k management in the banking sector, responding to recent scandals that have raised doubts about lending practices at state banks. Jaitley did not name any bank, but his comments followed the launch of an investigation into whether the head of state-controlled Syndicate Bank took bribes to roll over a loan to family-controlled Bhushan Steel. "Some recent instances have been disturbing," Jaitley told a banking audience in New Delhi. "I would only hope that they are a drop in the ocean and we have all learnt the
lessons from such incidents, and there will be no repetition of them." The investigation into Syndicate Bank has raised broader concerns about weak oversight, corruption and politically directed lending at India's dominant state banks, which are weighed down by bad loans. In his maiden budget last month, Jaitley said state banks would need $40 billion in fresh capital by 2018 to meet international capital adequacy standards. Much of this cash is expected to be raised on financial markets. The Central Bureau of Investigation has arrested the chairman of Syndicate Bank and is questioning the head of Bhushan Steel, which owes $6 billion and was this week put under tighter scrutiny by its creditors.The companies and their heads all deny wrongdoing.
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vk;Vk lsUVj xksgkuk ¼gfj;k.kk½ }kjk Reliance Digital launches dual SIM 3G handset euk;k x;k Lora=rk fnol NEW DELHI: Reliance Digital launched
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dk;ZØe dh v/;{krk dj jgs Jh jes'k ywFkjk ,oa vU; vfrfFkx.kksa us vkJe ds cPpksa dks LVs'kujh lkexzh] feBkb;k¡ ,oa Hkkstu lkexzh HksaV dh vkSj vius mn~cks/kuksa ls mUgsa lekt ds vkn'kZ ukxfjd cuus dh çsj.kk nhA vkHkkj çn'kZu Jh Hkkjr ywFkjk us fd;kA bl vk;kstu ij vk;Vk ds lHkh inkf/kdkfj;ksa us c/kkb;k¡ nhA
Reconnect Quad Core 4.7" dual SIM 3G smartphone, priced at Rs.12,999, a company statement said here. Reliance Digital is the consumer durables and information technology concept from Reliance Retail, a unit of Reliance Industries Ltd (RIL). RIL also o w n s Reliance Jio Infocomm. The device ensures b e t t e r powersaving through efficient media processing and has flexibility to handle the media formats of the future, thereby enhancing user interfaces. It comes with a powerful 2000 mAh Li-Ion battery that delivers better multimedia experience with music playback time of eight hours, four hours of video playback, a talk time up to six-seven hours and a standby time of 225 hours, the statement added.
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Medical tech sector, if supported, can compete with China'
SECRETARY VIEW
NEW DELHI: India's medical technology sector can become a $50 billion industry in the next decade and compete with China in the global market provided industry and the government act together to boost domestic manufacturing, a top official has said . "It is essential that the sector exploits the cost advantage if it wants to compete with China for the global market,"
Dr. Rajeev Shrivastav info@aiita.org
Amitabh Kant, secretary, Department of Industrial Policy and Promotion (DIPP), said addressing the 7th Medical Technology Conference organised by the Confederation of Indian Industry (CII) here. "Due to its potential, CII is happy to acknowledge the medical technology sector as a sunrise sector," said CII director general, Chandrajit Banerjee. Medical technology in India is currently just a $6.3 billion industry. An extensive report on the sector "Vision Document 2025", jointly prepared by CII and Boston Consulting Group, was released on the occasion. Among the key recommendations of the report are the pressing need for both a separate regulatory act for medical technology, as well as for giving manufacturing incentives like tax support and low cost funding to spur investments. "Classification of medical devices as drugs burdens the process of investment with fiscal policy obstacles and regulatory hurdles.
India seeks African countries' 'Cyborg moths' come closer to reality support for its stand at the WTO WASHINGTON: Scientists have that can identify survivors or public health NEW DELHI: India that there were 21 sought cooperation countries in the world from African countries which use public at the World Trade stockholding for food Organization (WTO) security purposes and on the issue of food security many more countries are a n d t r a d e f a c i l i t a t i o n . expected to resort to the same in the future. "Most of these countries could possibly violate the de minimis levels that were agreed upon in WTO," Kher said. On the growth of the India-Africa t r a d e According to Commerce Secretary Rajeev Kher, the relations, Kher said trade had Indian stand at the WTO grown ten-fold over the past ten deliberations on the trade years. "Africa is one of India's facilitation agreement was m o s t i m p o r t a n t t r a d i n g supported by the G-33 and partners and there was a endorsed by 46 countries, s i g n i f i c a n t a m o u n t o f including several countries complementarity between from Africa. "India, therefore, India and Africa and the two was not the sole country in the should work together to f r a y, " K h e r s a i d . T h e develop regional value chains," commerce secretary observed Kher added.
developed methods for electronically manipulating the flight muscles of moths and for monitoring the electrical signals moths use to control those muscles. According to the researchers at North Carolina State University, these methods would make it possible for them to develop remotely-controlled moths, or "biobots," for use in emergency response. Alper Bozkurt, an assistant professor of electrical & computer engineering at NC State said that in the big picture, we want to know whether we can control the movement of moths for use in applications such as search and rescue operations and the idea would be to attach sensors to moths in order to create a flexible, aerial sensor network
hazards in the wake of a disaster. The new findings in the paper involve methods
developed by Bozkurt's research team for improving our understanding of precisely how a moth coordinates its muscles during flight. By attaching electrodes to the muscle groups responsible for a moth's flight, Bozkurt's team is able to monitor electromyographic signals-the electric signals the moth uses during flight to tell those muscles what to do.
Behavioral Training in Management and Technical Sectors is the Need of the Hour
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Systems. He has competed Doctor of Philosophy (PhD), Business Administration and Management, General in 2013 from Bikaner U n i v e r s i t y, R a j a s t h a n . B e i n g professional he has 11 years of rich experience in Industry along with Training & Development. He has prior experience in Sales, Marketing & CRM having worked with Godfrey Phillips India Limited and Tata Teleservices Limited. Anurup has a credit of more than 8 publications in National & International Conferences. He conducted several training programs. Dr. Anurup is Professional Trainer with an unparalleled enthusiasm helping to increase the effectiveness of the organization by designing, delivering and implementing a best in curriculum for corporate clients. He excels in operating core elements of behavior training ranging from Out Bound Te a m b u i l d i n g & L e a d e r s h i p workshops, customer Service, Result Orientation, People Development, Negotiation Skills, Problem Solving skills, Creativity & Innovation, Communication Skills, Business Etiquette, Selling Skills, Presentation skills, Time Management to other skills developments projects.
Still awash with cash, world economies take turn for the worse China's economy is slowing. The euro zone's is a flat line. Japan's sank in the second quarter. Britain has wage deflation. The U.S. economy is ticking over at best. In a world preoccupied by geopolitical crises - from Ukraine, Iraq and Gaza to the Ebola outbreak in West Africa - the global economy has taken something of a back seat. But there are increasing signs it is in trouble despite being awash with cash from record low interest rates. Many policymakers across the world would like to move away from this ultra-loose monetary policy, which they introduced to drag their countries out of the financial crisis. But the economies are not playing ball. Essentially, the economic doldrums have pushed back the time when central banks can start the process of normalising monetary policy. Indeed, in many places it is more likely that central banks will loosen more than pull in. Take China. Data in July showed cash flowing into the economy plunging to a near six-year low. The housing sector, around 15 percent of the world's second largest economy, is also faltering. So although overall growth projections for the year remain roughly on track, the latest data has brought the potential for looser Chinese monetary policy. "The shrinking amount of cash flowing into the economy will harm economic growth," Chen Dongqi, deputy chief at the government think-tank Academy of Macroeconomics Research, told Reuters. "The window has been opened for cutting interest rates and the reserve requirement ratio." In a similar vein, the issue in the moribund euro zone is not one of reining in monetary largesse but of whether the European Central Bank should extend it by buying government bonds in a quantitative easing programme. The bank has already thrown more than 1 trillion euros ($1.34 trillion) into the economy, much of it repaid, and is poised to inject up to another 1 trillion euros if necessary. Yet there was no growth across the 18-country bloc in the second quarter and inflation is running at a deflationthreatening 0.4 percent. "The risks surrounding the economic outlook for the euro area remain on the downside," ECB President Mario Draghi said earlier in the month. Jacob Funk Kirkegaard, a fellow at the Petersen Institute of International Economics, reckons that the main problem facing central banks is that the pillars of world economic growth are not level and that economies are not working together. "There is no country (now) to pick up the slack," Kirkegaard said. "From the perspective of the U.S. consumer coming to the rescue of global demand, forget about it." That was underlined by the latest U.S. jobs data, which showed steady job creation but flat wages in the private sector and little improvement in long-term unemployment. Along with an economy expanding at only a modest rate, this has all been enough to persuade Federal Reserve chief Janet Yellen to lower expectations for a rate hike until hiring and wage data show the effects of the financial crisis are "completely gone."
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EDITOR CHOICE
Dr. Dilip N. Pandit editor@aiita.org
NEWS
PM to head monitoring committee of 'Digital India': Ravi Shankar Prasad NEW DELHI: Post the cabinet meeting held earlier, Union Law and Telecom Minister Ravi Shankar Prasad confirmed that the monitoring committee of 'digital India' will be headed by Prime Minister Narendra Modi. "The Monitoring committee of 'Digital India' will be headed by the Prime Minister," said Prasad in the cabinet briefing. Prime Minister Modi had said that India is no longer known as the land of black magic and snake charmers and had added that that it was time for a 'digital India' and
the idea will be used to revolutionize health and education in India by assuring the use of broadband for education for rural areas, and telemedicine for the poor. This pan-India programme was proposed by the Centre on July 10 to bridge the divide between digital 'haves' and 'have-nots'. Further, throwing light on the various other approvals made by the cabinet in today's meeting, Prasad confirmed of the Nagpur metro project being approved by the cabinet. The approval came just a day before Prime Minister Modi's visit to the city to lay the foundation stone for the 39 kilometer corridor. Prasad also informed that cabinet has approved building of 1836 Base Transceiver Station (BTS) towers in left-wing extremist areas. Along with Prasad, the cabinet meeting held earlier today was attended by leaders like External Affairs minister Sushma Swaraj and Human Resource Development Minister Smriti Irani.
Tibet's glaciers at India committed to boosting ties NATO would respond militarily to Crimea-style infiltration - general with Arab world: Sushma their warmest in N E W D E L H I : mutual strategic interest. India has been rebels in Ukraine's Emphasizing the w a t c h i n g p o s t - A r a b S p r i n g Russian-speaking 2,000 years g o v e r n m e n t ' s developments very closely...India east. Some
The Tibetan plateau, whose glaciers supply water to hundreds of millions of people in Asia, were warmer over the past 50 years than at any stage in the past two millennia, a Chinese newspaper said, citing an academic report. Temperatures and humidity are likely to continue to rise throughout this century, causing glaciers to retreat and desertification to spread, according to the report published by the Chinese Academy of Sciences' Institute of Tibetan Plateau Research. "Over the past 50 years, the rate of temperature rise has been double the average global level," it said, according to the report on the website of Science and Technology Daily, a state-run newspaper. Glacier retreat could disrupt water supply to several of Asia's main rivers that originate from the plateau, including China's Yellow and Yangtze, India's Brahmaputra, and the Mekong and Salween in Southeast Asia. In May, Chinese scientists said Tibetan glaciers had shrunk 15 percent - around 8,000 square km (3,100 square miles) over the past 30 years. The new report said a combination of climate change and human activity on the plateau was likely to cause an increase in floods and landslides there. However, rising temperatures had also improved the local ecosystem, it said. The scientists urged the government to work to reduce human impact on the region's fragile environment. But Beijing is building a series of large hydropower projects there, with construction of several megadams expected to start by 2020. China has built thousands of dams in the past few decades in a bid to reduce its reliance on imported fossil fuels.
"unflinching commitment" to expand ties with the Arab world, External Affairs Minister Sushma Swaraj said there was no change in India's policy of "extending strong support to the Palestinian cause, while maintaining good relations with Israel". Addressing the inaugural session of the First India-League of Arab States Media Symposium here, Sushma Swaraj told the Arab delegates that India's ties with the Arab world "is pivotal to our national development goals as well as regional peace and stability". She underlined the Narendra Modi government's "unflinching commitment to sustaining and expanding relations with the Arab world that is bound to us by centuriesold cultural and civilizational ties". "We see West Asia as a vital part of India's extended neighbourhood. The region, situated at the crossroads of Asia, Africa and Europe, is crucial to our national interests in myriad ways." She said that "continued peace and stability in the region is in India's
remains ready to provide any support, but strongly believes that it is for the Arab countries to decide their destiny, without any external interference or diktats from outside." On the Modi government's stand on the conflict in Gaza, she told the delegates: "Let me clarify India's position on the ongoing Israel-Gaza conflict that has created conflicting interpretations in sections of the media. "On such a sensitive issue, there is no room for confusion or misunderstanding. Let me repeat, and underline, once again: There is no change in India's policy of extending strong support to the Palestinian cause, while maintaining good relations with Israel. India is deeply concerned at the loss of large number of civilian lives in Gaza. "We have called on both sides to exercise maximum restraint and work towards a comprehensive resolution of the Palestinian issue. Apart from strong political support to the Palestinian cause at international, regional and bilateral levels, India has been contributing budgetary, economic and developmental assistance to Palestine and its people."
BERLIN: If Russia tries to infiltrate troops into a NATO country, even out of official military uniform as it did before it annexed Ukraine's Crimea, NATO will respond militarily, the alliance's top commander said in an interview published. Soldiers wearing uniforms without national markings were deployed when Russia entered Crimea from late February. Although President Vladimir Putin initially denied involvement, he admitted in April that Russian forces had been active there. Kiev and Western governments are now waiting to see if Moscow will intervene to support besieged
defence experts have said Putin might also look to the former Soviet republics in the Baltics which have large ethnic R u s s i a n minorities, such as Estonia or Latvia. U.S. Air Force Gen. Philip Breedlove, NATO's Supreme Allied Commander Europe, said although NATO had no plans to intervene in non-NATO member Ukraine, NATO countries in eastern Europe needed to start preparing for a possible threat from "little green men" referring to soldiers in unmarked uniforms. "The most important work to prepare a nation for the problem of 'little green men', or organising of Russian (speaking)population, it happens first. It happens now," Breedlove said in an interview published online by German newspaper Die Welt.
Djokovic still favourite for U.S. Open, says McEnroe REUTERS: Roger Federer is the form player going into U.S. Open but Novak Djokovic is favourite to win the title for a second time, according to former champion John McEnroe. Federer, who reigned supreme at Flushing Meadows with five consecutive titles from 2004, won the Cincinnati title last week on the back of reaching the final in Toronto and with world No.2 Rafa Nadal injured, many believe the 33-year-old Swiss maestro can claim an 18th grand slam title. "Obviously not having to deal with (Nadal) is a huge positive for him
potentially down the road if he's at a stage at the end of the event," McEnroe said in a conference call with TV channel ESPN for whom he will be working as a commentator during the year's final grand slam. "I would give a slight, slight favourite to Djokovic based on it being best-of-five. He's younger and he can go the distance perhaps a little bit more easily than Roger at this stage. A little bit. "Depending on what happens leading up to it if they were to play in the final, some of it would have to do with how much was left in the tank from previous matches." Djokovic beat Federer in an epic Wimbledon final but the 27-year-old, who has just married long-time girlfriend Jelena Ristic, lost early in Toronto and Cincinnati and McEnroe believes the Serb has lost focus.
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