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96-year-old Mann Kaur sets world record
Report dated 06/10/2012 @ 12:55 PM
At the age of 96, 100 meter distance in 1 minute 1 second. It seems next to impossible but Mann Kaur had done this and has set an example for many. After getting two world records on her name, Mann has also participated in the Half Marathon that was scheduled in Delhi on September 30.
She said that after winning some competitions at the all India level she had gone to US and participated in the world master athletics held in 2011. She set two world records, one was to complete 100 meter in 1 minute 1 second and other for completing 200 meters in 2 minutes 24 seconds. However now she has further improved her timings and is preparing for Asian master athletic championships scheduled in Taiwan in November this year and after that in August 2013 she will participate in the world master games to be held in Italy.
Now 49% FDI in insurance, 26% in pension sector
Report dated 06/10/2012 @ 12:53 PM
After opening up the multi-brand retail sector to foreign direct investment, the Union Cabinet has cleared the way for higher FDI in pension and insurance sectors. However, foreign investors would not be able to gain controlling shares of pension and insurance providing companies with the cap being fixed at 49% for insurance sector and 26% for pension sector.
Services Sector grows at fastest pace in 7 Months
Report dated 06/10/2012 @ 12:52 PM
India's services sector expanded at its fastest pace in seven months as a spurt in new business encouraged firms to hire more staff, a survey showed, suggesting the worst of the economic slump may be over. The HSBC purchasing manager's index for the services sector, which gauges the activity of hundreds of Indian companies, rose to 55.8 in September from August's 55.0.
India's services sector makes up for over 60 percent of the country's gross domestic product and a strong reading augurs well for the economy, where growth has faltered in recent months against the backdrop of political upheaval.
A similar survey showed factory activity expanded at a steady pace in September as new orders and output rose.
Court issues ultimatum to ensure schools have proper toilets
Report dated 04/10/2012 @ 2:03 PM
India's Supreme Court has ordered the central and state governments to ensure that all schools have proper toilets and drinking water within six months. The Court also said the governments must implement its earlier directions that ordered toilets be installed, especially for girls in all educational facilities, as a lack of such basic facilities was a violation of the right to free and compulsory education guaranteed in the Indian constitution.
Studies have shown that parents of girls do not send them to school if there are no toilet facilities.
Another study showed that while one in ten schools lack drinking water facilities, 40% lack a functional common toilet and another 40% lack a separate toilet for girls.
Critics have long said that both central and state government schools are poorly run and badly managed.
Goa government to provide financial assistance to married women
Report dated 04/10/2012 @ 2:01 PM
The Goa government has launched the Griha Aadhar scheme by which it will provide Rs.1000 per month as financial assistance to housewives from the middle, lower-middle and poor sections of the community.
The scheme is meant for married women living in Goa for the last 15 years and whose gross family income, does not exceed Rs.300,000 per annum. Married women includes widows and divorcees whose gross income does not exceed Rs.1.5 lakhs per annum.
Chief Minister Manohar Parrikar said he is fulfilling an election promise, and the government has made provision of Rs.150 crore for the current financial year as India's food inflation is expected to remain high. Distributions will commence later in October.
Goa's senior citizens will also soon be able to withdraw cash from their bank accounts at the doorstep through young people who will be hired on a commission basis to provide the service.