Daily Archive: August 2, 2017

Global Crude oil price of Indian Basket was US$ 51.24 per bbl on 01.08.2017

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 51.24 per barrel (bbl) on 01.08.2017. This was higher than the price of US$ 50.80 per bbl on previous publishing day of 31.07.2017.

In rupee terms, the price of Indian Basket increased to Rs. 3282.97 per bbl on 01.08.2017 as compared to Rs. 3255.21 per bbl on 31.07.2017. Rupee closed stronger at Rs. 64.07 per US$ on 01.08.2017 as compared to Rs. 64.08 per US$ on 31.07.2017. The table below gives details in this regard:

Particulars Unit Price on August 01, 2017 Previous trading day i.e. (31.07.2017)
Crude Oil (Indian Basket) ($/bbl) 51.24               (50.80)
(Rs/bbl) 3282.97           (3255.21)
Exchange Rate (Rs/$) 64.07               (64.08)

 

 

How do you assess threat perception: HC to Centre, Delhi

New Delhi, Aug 2 The Delhi High Court today asked the Centre and the Delhi Police to inform it about the system adopted in assessing the threat perception of an individual seeking security.

A bench of Acting Chief Justice Gita Mittal and Justice C Hari Shankar posed the query during the hearing of a plea by Aam Aadmi Party (AAP) leader Ashish Khetan alleging death threat from right-wing organisations.

Khetan has also sought framing of guidelines to be adopted by probe agencies for dealing with such complaints.

Taking note of the submission, the bench asked the counsel for the Centre and the police whether there were any guidelines in this regard.

It directed the authorities to file a report with regard to the way they assess threat perception of an individual and provide security and fixed the matter for further hearing on August 9.

The Supreme Court had refused to interfere in the matter and transferred the plea to the high court.

Senior advocate Kapil Sibal, appearing for Khetan, said this was not a matter related to an individual and sought framing of guidelines.

He said neither the police nor its chief had responded to Khetan’s complaint despite the petitioner having a rank of a Cabinet minister. Nobody had given him a hearing, he said.

‘होटल के अंदर बंदूकधारी ऐसे घूम रहे थे, जैसे हम विधायक नहीं अपराधी हैं’

आयकर विभाग ने बुधवार को बेंगलुरू में कर्नाटक के मंत्री डी.के.शिवकुमार के आवास और निजी रिसॉर्ट पर छापेमारी की. जिस रिसॉर्ट में छापा पड़ा है उसमे डी के शिवकुमार की मेजबानी में गुजरात कांग्रेस के 44 कांग्रेस विधायक रुके हुए हैं.

इस बीच रिसॉर्ट में ठहरे कांग्रेसी विधायकों ने इल्जाम लगाया कि अधिकारीयों ने उनके कमरों में भी तलाशी ली. गुजरात के कांग्रेसी विधायक शक्तिसिंह गोहिल ने कहा कि ‘होटल के अंदर बंदूकधारी इस तरह घूम रहे थे, मानो हम विधायक नहीं, अपराधी हैं.’

Man found hanging inside police station’s toilet

New Delhi, Aug 2 :  A 32-year-old man was found hanging in the toilet of a police station here in the early hours of Wednesday, police said.

Additional Deputy Commissioner of Police Vijayanta Arya said the deceased, Raj Kumar, a resident of Uttar Pradesh, was found hanging in the toilet of Jehangirpuri police station in northwest Delhi in the early hours of Wednesday.

“He had come to the police station in connection with an ongoing inquiry related to a habeas corpus petition where he was a respondent,” the officer said.

“The Judicial Magistrate and SDM (Sub-Divisional Magistrate) were called on the spot and a request for post-mortem by a board of doctors was made,” Arya said.

Another police officer told IANS the body has been moved to the Babu Jagjivan Ram Hospital in Jehangirpuri, adding that the man was in a state of depression.

Stating that all mandatory actions are being taken, the officer said the home department will form a board to conduct the autopsy of the deceased.

RBI Monetary Policy: Repo Rate Cut by 25 Basis Points; Home Loans to Get Cheaper

New Delhi, August 2: The Reserve Bank of India (RBI) has taken a middle path as it has announced a cut of 25 basis points in policy rates. With this, the repo rate has come down to 6 per cent, whereas the reverse repo rate has come down to 5.75 per cent. After the announcement, loans will get cheaper, spurring demand. RBI said that it is keeping a close eye on inflation for future policy decisions.

It was expected that the Reserve Bank of India will cut its repo rate by 25 basis points to 6 per cent– which is the lowest since November 2010. This expectation was there due to the historic low in consumer inflation. The inflation was just 1.54 per cent in June. The policy rate was 6.25 per cent before this.

Scientists produce food from electricity and CO2

London, Aug 2 (PTI) Scientists have successfully produced protein powder using electricity and carbon dioxide, an advance that may help combat food scarcity and hunger across the world.

The entire process requires only electricity, water, carbon dioxide, and microbes.

The method releases food production from restrictions related to the environment as the protein can be produced anywhere renewable energy, such as solar energy, is available, researchers said.

“In practise, all the raw materials are available from the air. In the future, the technology can be transported to, deserts and other areas facing famine,” said Juha-Pekka Pitkanen, Principal Scientist at VTT Technical Research Centre of Finland.

After exposing the raw materials to electrolysis in a bioreactor, the process forms a powder that consists of more than 50 per cent protein and 25 per cent carbohydrates – the texture can also be changed by altering the microbes used in the production, ‘Futurism’ reported.

The protein created can be used as a fodder replacement as well, thus releasing land areas for other purposes, such as forestry. The method allows food to be produced where it is needed, researchers said.

“In the long term, protein created with electricity is meant to be used in cooking and products as it is. The mixture is very nutritious, with more than 50 per cent protein and 25 per cent carbohydrates. The rest is fats and nucleic acids,” Pitkanen said.

“The consistency of the final product can be modified by changing the organisms used in the production,” Pitkanen added.

According to estimates by the researchers, the process of creating food from electricity can be nearly 10 times as energy-efficient as common photosynthesis, which is used for cultivation of soy and other products.

Currently, the production of one gramme of protein takes around two weeks, using laboratory equipment that is about the size of a coffee cup, researchers said.

The next step is to produce the material in quantities sufficient for development and testing of fodder and food products. This would also allow a commercialisation to be done, researchers said.

Global #Crudeoil price of Indian Basket was US$ 51.24 per bbl on 01.08.2017

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 51.24 per barrel (bbl) on 01.08.2017. This was higher than the price of US$ 50.80 per bbl on previous publishing day of 31.07.2017.

In rupee terms, the price of Indian Basket increased to Rs. 3282.97 per bbl on 01.08.2017 as compared to Rs. 3255.21 per bbl on 31.07.2017. Rupee closed stronger at Rs. 64.07 per US$ on 01.08.2017 as compared to Rs. 64.08 per US$ on 31.07.2017. The table below gives details in this regard:

Particulars Unit Price on August 01, 2017 Previous trading day i.e. (31.07.2017)
Crude Oil (Indian Basket) ($/bbl) 51.24               (50.80)
(Rs/bbl) 3282.97           (3255.21)
Exchange Rate (Rs/$) 64.07               (64.08)

 

 

Noida land scam: SC reduces sentence of ex-UP chief secy

New Delhi, Aug 2 (PTI) The Supreme Court today upheld the conviction of former UP chief secretary Neera Yadav in a land allotment scam from 1993-95 in Noida but reduced her jail term from three to two years.

A bench of Justices Kurian Joseph and R Banumathi also upheld the conviction of former IAS officer Rajiv Kumar in the case and modified his jail term from three to two years.

The CBI had alleged that Yadav, a 1971 batch IAS officer, was chief executive officer of Noida in 1995 when she violated norms in allotting a prime plot of land to an industrialist.

It was alleged that she entered into a criminal conspiracy with 1983-batch IAS officer, Rajiv Kumar, then deputy chief executive officer, Noida, to change land use of a plot which was earmarked for a guesthouse and also increased its area in violation of norms.

The probe agency had said that Yadav, during her tenure as Noida CEO, misused her official position as a public servant and got herself allotted a plot in violation of norms.

“The allotment was done despite the fact that the application submitted by her was incomplete in many respects and was submitted after the closing date of the scheme,” CBI had said.

It was also alleged that she got two plots allotted in the names of her two daughters, knowing full well that rules in Noida permitted only one plot of land to one family.