Thursday, March 30, 2017


French President Francois Hollande said Thursday that Britain must agree on the conditions of its exit from the EU before the bloc’s members discuss other issues such as a trade deal. “First we must begin discussions on the modalities of the withdrawal, especially on the rights of citizens and the obligations arising from the commitments that the UK has made,” Hollande said. “On the basis of what progress is made, we could open discussions on the framework of the future relations between the UK and the EU,” he added. Hollande’s approach echoes that of German Chancellor Angela Merkel who Wednesday snubbed Prime Minister Theresa May’s call for negotiations on the UK’s exit from the EU to run alongside talks on defining the conditions of their future relationship. (AFP


Uttar Pradesh Chief Minister Yogi Adityanath has directed to provide medical relief to injured passengers of the derailed train Mahakaushal express free of cost who have been admitted to district hospital Mahoba or referred to Jhansi medical college. He said, no negligence should be allowed in treatment and medical aid to the victims.
District police chief Mahoba Gaurav Singh told AIR that 52 passengers were injured when Nizamuddin bound Mahakaushal express derailed near Kulpahar railway station in Mahoba district late last night. He said, two of the injured have been referred to Jhansi. Mr Singh said, all injured are out of danger. He said, central agencies are reaching Mahoba to probe the accident. Railways have already announced an inquiry conducted by a senior grade officer. District authorities have also initiated probe into it.
State Health Minister Sidharth Nath Singh has said that he himself is monitoring the relief operation and medical help to victims. No causality is reported so far. Quoting sources, AIR correspondent reports that 8 bogies of the train including four AC coaches, one sleeper, two general and a SLR coach of the train were affected in the accident. Cause of the accident is yet not known.
Officials said, Railway traffic is disrupted on Mahoba- Jhansi rail section. Mahakaushal express has started its onward journey with 10 coaches leaving derailed bogies. Eight additional coaches were attached to the train at Jhansi railway station. Local passengers have been sent to their destinations by buses. Above one dozen trains have been either diverted or cancelled due to this accident.
Railways have opened helpline numbers at different stations following the derailment. Help line numbers working at Mathura are 0565 2402008 and 2402009, Allahabad- 0532 1072 and 2408149, Kanpur- 0512 1072 and 2323015 ,16, 18. Helpline number at Jhansi is 0510-1072, Gwalior 0751-1072 and Banda 05192-1072.




CPR is pleased to invite you to the first lecture in a series on ‘Globalisation in Question’:
Is Dollar Hegemony Inevitable? Possibilities for Reform in the Global Reserve System
Monday, 10 April 2017, 4:30 – 6:00 p.m.
Prof Anush Kapadia
Image Source
The global reserve system is dominated by a single currency, the US dollar, in which the vast bulk of global trade and finance is conducted. This currency hegemony gives the world’s only superpower the exorbitant privilege of having its own liabilities function as the global currency. Several scholars argue that the scale of this privilege help seed the financial crisis of 2007. Emerging markets poured their savings into dollar-denominated debt, creating a flood of cheap credit that lead to wild speculation and subsequent collapse. Since the crisis, several reform measures for this destabilising global reserve system have been suggested, with speculation on everything from a return to the gold standard, an elevation of the IMF’s Special Drawing Right (SDR), and the rise of the Chinese Renminbi being discussed. This lecture offers a systemic account of how the global reserve system works in order to evaluate these claims. It argues that that global currencies will continue to be nationally based, hence reforms will have to focus on international institutions capable of disciplining the (existing and/or rising) hegemon rather than creating new synthetic currencies like the SDR.
Prof Anush Kapadia teaches sociology in the Humanities and Social Sciences Department at the Indian Institute of Technology, Bombay. He has studied at Amherst College and Columbia University, having completed his doctoral thesis in anthropology in 2009. Prior to IIT Bombay, Prof. Kapadia taught at City University, London and Harvard University. His research focuses on the politics of financial systems, trying to understand how system-design choices are also political choices, and how these choices lead to macro-social outcomes such as growth or crises.

This is a first in our series of monthly lectures on “Globalisation in Question”, where we will draw upon renowned scholars and practitioners to address specific undercurrents of globalisation and their impact on a variety of issue areas.


Prime Minister of Malaysia Mohammed Najib Bin Tun Abdul Razak today arrived in India on a six day visit. On the first leg of his visit, Mr Razak reached Chennai this afternoon. The visiting dignitary is scheduled to meet Governor and Chief Minister of Tamil Nadu.
Briefing about the visit in New Delhi this evening, Joint Secretary (South) in External Affairs Ministry Jaideep Mazumdar said Prime Minister Razak will hold delegation level talks with Prime Minister Narendra Modi on Saturday. The two leaders will discuss entire gamut of bilateral relations including terrorism. Several agreements will be signed after the talks between the two leaders.
Mr Razak will address Trade expo by Malaysia – India Business Council Forum on Monday. He is scheduled to call on President and Vice President during his stay in New Delhi. He will also visit Jaipur on Sunday.


Aam Admi Party unofficial  reports ticket distribution in the MCD polls is the reason behind Rishi’s outburst.AAP’s Janakpuri MLA Rajesh Rishi quoted couplets saying a regime nears its end if one relies on sycophants and tagged Kejriwal. Rishi later deleted the tweets. as per media reports.The party tried to control the damage, claiming that everything is fine between the leadership and the MLA. Despite repeated attempts, the Jankapuri MLA could not be contacted. His office said, Rishi has been away since morning.
AAP’s Bawana MLA had quit the party early this week, launching on attack on the Delhi government. He was also learnt to have been upset with the party over ticket distribution. AAP has 65 MLAs in the 70-member Assembly. Rishi was in news after his brother was arrested for assaulting a women last month. Interestingly, the party had fielded Rishi, along with other Poorvanchali MLAs, to take on Delhi BJP President Manoj Tiwari when note ban was announced.
Few days after Bawana MLA Ved Parkash quit the AAP, another party legislator aired his dissatisfaction today, cautioning Delhi Chief Minister Arvind Kejriwal against “sycophants”.
Delhi ruling outfit AAP is embarrassed with its  preparations to contest its first civic polls in Delhi on April 23 after the disappointing performance in Punjab and Goa.
Another controversy around AAP ,Delhi Lieutenant Governor Anil Baijal has directed chief secretary M M Kutty to recover 97 crore rupees from Aam Aadmi Party (AAP). The money was allegedly used by the AAP government on advertisements which is in violations of the Supreme Court guidelines.
Mr. Baijal also ordered an inquiry into the spendings on advertisements projecting Chief Minister Arvind Kejriwal and his party and asked the chief secretary to fix responsibility. The AAP will have to reimburse the money within a month.
In a report earlier this month, the Comptroller and Auditor General had also found that the AAP government spent 29 crore rupees in releasing advertisements outside Delhi which was beyond its responsibility.
In 2015, the Supreme Court said that government ads cannot feature Chief Ministers or other political leaders. It exempted photos the Prime Minister, President and Chief Justice of India from its ban. Last year, the court relaxed its rules to permit photos of union ministers and Chief Ministers.


New Delhi / Dubai, United Arab Emirates, 30thMarch, 2017: Aster DM Healthcare, the Dubai based healthcare conglomerate, has reported a healthy 2016-17 fiscal yearled by its continued expansion and acquisition strategy. Over the past year, the group has expanded its network across GCC as well as India.
Key Milestones achieved in FY 2016 -17, as well as upcoming launches:
·         Aster DM Healthcare Group completes 3 decades of operations in 2017
·         Total 317 medical establishments, including 18 hospitals, 98 clinics and 201 pharmacies as on 30, January 2017
·         3 new hospitals: Successful launch of Medcare Women & Children Hospital in Dubai and soft launch ofMedcare Hospital in Sharjah. Aster Hospital in Dohais nearly completed.
·         8 new clinics and 25 pharmacies added in GCC under Aster, Medcare and Access Brands
·         2 new specialty clinics launched: IVF and Women Care, under both Aster and Medcare brands
·         Acquisition of 60% stake in Harley Street Medical Centre, Abu Dhabi, marking the company’s foray into niche healthcare specialty, including a day-care surgical centre
·         Launch of AsterOnline and Aster Chronic Care@Home services- Introduction of innovative technological solution for patient care
·         Started construction of upcoming Aster Hospital in Qusais, set to be a 100-bed facility
·         Signed the contract for a  Aster Hospital in Sharjah
India and Asia- Pacific:
·         Launched Aster CMI- a 509 beds quaternary care facility at Bangalore
·         Opening of 3 new Aster Clinics in Bangalore
·         Acquisition of majority stake in a chain of 3 reputed hospitals in Gundur and Vijayawada, Andhra Pradesh, with a combined strength of around 500 beds
·         Expansion of Aster Prime Hospital in Telengana , Hyderabad, India
·         Acquisition of land and project mobilization of Aster Hospital- a 500 bed facility in Thiruvananthapuram, Kerala
·         On-going construction of Aster MIMS- a 200 bed facility at Kannur, Kerala 

Successful credit financing with Axis Bank for US $ 295 Million
Aster DM Healthcare also announced the closure of US $295 Million, comprehensive group-wide credit facility with Axis Bank. Based on the company’s performance and pipeline of projects, Axis Bank offered attractive terms and conditions that facilitated the financing process.
Commenting on the company’s performance, Dr. Azad Moopen, Founder Chairman and Managing Director of Aster DM Healthcare said, “The growth of our operation remains aligned to our vision ofmaking quality healthcare easily accessible to the communities that we serve, across the world. We are at an exciting stage of our journey, as we continue to bridge the gap between available quality services and needs of our patients on a day-to-day basis. It opens the door to improvise and introduce innovative as well as sustainable solutions that can bring about a quantum leap in the primary healthcare delivery model that we have today. In 2016,we have been successful in expanding our horizons in both India and Middle East.”
The company currently operates under the Aster, Medcare and Access brands across 9 markets, including UAE, KSA, Qatar, Bahrain, Oman, Kuwait, Jordan, India and Philippines.
About Aster DM Healthcare:
Aster DM Healthcare is a healthcare network with over 317 operating facilities across 9 countries, including 18 hospitals, 98 clinics & 201 retail pharmacies, as on January 30, 2017. The organization has 19,151 employees including 2,081 full-time doctors as on January 30, 2017.

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