Monday, November 29, 1999

Special ITI classes for minority students in Maharashtra

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Mumbai, Jul 6 (PTI) In an effort to increase participation of minority community students in mainstream education, Maharashtra Government has started special training classes for them in Industrial Training Institutes (ITIs). "The minority community students can enrol themselves for various courses of ITIs across the State from the current academic year," Minority Development Minister, Naseem Khan, said. The special classes would be conducted in 44 ITIs in second shift from August 1, and over 3,000 students would benefit from it, he said. The Government has made provision of Rs five crore for the classes, the minister said, adding, Mumbai and suburban Mulund would have two new ITIs. The Ministry is also planning to reserve 40 seats in IAS coaching institutes in the cities like Mumbai, Nagpur, Kolhapur and Aurangabad for the students, Khan said.

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Unidentified persons slit throat of girl in Jammu

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Jammu, July 6 (PTI) Two unidentified men slit throat of a teenaged girl after they failed in their attempt to rape her in Gangyal area of Jammu city, police said here. The incident took place late last night when Bindu Devi, a resident of Bihar who had come to her sister''s house, was sleeping on rooftop of the house in Gangyal area of the city, they said. Two masked men attempted to rape her, they said, adding she hit them with a rod following which the duo slit her throat with a knife and ran away. Devi was admitted to a hospital where her condition was stated to be stable.

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Cong snub to Jagan Mohan Reddy

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New Delhi, Jul 6 (PTI) Congress today virtually snubbed Andhra Pradesh MP Y S Jagan Mohan Reddy for his decision to go ahead with his controversial yatra, saying party discipline must be observed. "All true committed and loyal Congressmen must necessarily observe both the party dharma and Laxman rekha of propriety and party discipline," party spokesperson Abhishek Singhvi said. Reddy, the son of late Andhra Pradesh Chief Minister YSR Reddy, has decided to resume his controversial "Odarpu" yatra from July 8 despite party chief Sonia Gandhi''s reservations about it. In an indication of the party toughening its stand on the issue, Singhvi said, "Failure to do so would perforce lead to a chain of consequences, which are best avoidable. We hope and trust that compliance will take the place of defiance." The Congress spokesperson maintained that "party discipline like law does not discriminate between individuals." Jagan, who had defied the party directive against undertaking the yatra in May also, had met Gandhi along with his family members on June 29 to seek her permission for the tour. The meeting took place in New Delhi on the request of Jagans mother Vijayalakshmi. During the meeting, the Congress chief had suggested assembling the affected families at one place to console them and also to offer financial assistance, the young Lok Sabha MP said. In an open letter to the people, he said, "We explained to her the need to resume the yatra to console the family members of those who died following the death of my father. She (Sonia Gandhi) did not cite any specific reason but did not appear to be favourably inclined over resuming the yatra." Jagan would pay tributes to his father at Idupulapaya, the family estate where he was buried, today and later proceed to Ichapuram in Srikakulam district to resume his tour. Defying the Congress high command''s directive earlier, Jagan had left by train to start his yatra in Warangal district on May 28 but it was marred by violent protests from Telangana supporters.

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Dev Patel rules out working with Freida Pinto again

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Actor Dev Patel has no plans to work with his Slumdog Millionaire co-star Freida Pinto in the future.The British star rose to fame in director Danny Boyle's Oscar-winning film and found love with his movie girlfriend Pinto after shooting on the 2008 picture wrapped.However, Patel ruled out working with Pinto again because it would be 'too awkward' now their onscreen love has turned into a real-life romance."We laugh too much around each other now. It would be too awkward," Contactmusic quoted Patel as saying.

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World stocks bounce back from lows

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Investors boosted global stocks strongly on Tuesday and sold the dollar, lifting equities off six- and seven-week lows.MSCI's all-country world stock index was up 0.8 percent, with Europe putting in gains of around 1.5 percent.The world index is still down more than 10 percent for the year. Stocks were weaker on Monday in response to data showing a slower-than-expected improvement in U.S. employment.Recovering on Tuesday, the FTSEurofirst 300 bounced back from six-week closing lows with a gain of 1.5 percent while Japan's Nikkei closed up 0.8 percent, coming off a seven-week low.Emerging market stocks were up 1 percent."Markets are a bit oversold. The decline has been quite strong," said Joost de Graaf, senior portfolio manager at Kempen Capital Management in The Netherlands."There are (also) hopes that second-quarter earnings will be OK and will lift some of the negative atmosphere."Investors are currently beset by concern that the global economic recovery is slowing enough to send some countries into a double-dip recession.This is combined with nagging fears that the recovery seen so far is all down to government action, which may soon end."Awash with private sector debt (in its various forms), the world's major economies may struggle to maintain their forward impetus once policy stimulus, both fiscal and monetary, is set on the path towards normalisation," BNY Mellon said in a note."Early signs of ebbing momentum are of concern."DOLLAR HITThe more risk-friendly mood hit the dollar, which fell a third of a percent against a basket of major currencies.It was particularly weak against the high-yielding Australian dollar, which rose more than 1 percent at one stage on cautiously optimistic remarks from the Australian central bank after it left interest rates unchanged as expected."The strength in the Aussie was somewhat surprising given the change in the RBA's wording suggests it may keep interest rates lower for some time," said Ulrich Leuchtmann, currency strategist at Commerzbank in Frankfurt."But risky assets are performing well, so there's been a gradual return of risk appetite."The euro gained a third of a percent to $1.2580.Euro zone government bonds sold off as a result of the rise in equities.The 10- and 2-year benchmark yields rose two to three basis points.(Additional reporting by Naomi Tajitsu; Editing by Hugh Lawson)(For more business news on Reuters India click http://in.reuters.com)
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Gur pedi, shakkar prices rise by Rs 100 a quintal

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New Delhi, July 6 (PTI) Gur pedi and shakkar prices shot up by Rs 100 per quintal here today on paucity of stocks and increased demand. However, gur in Muzzafarnagar and Muradnagar markets, hovered around previous levels in restricted buying activity. Marketmen said poor supply amid increased demand mainly pushed up wholesale gur pedi and shakkar prices. At Delhi, gur pedi and shakkar prices shot up by Rs 100 each to Rs 2,950-3,050 and Rs 3,100-3,200 per quintal respectively. Following are today''s quotations in Rs per quintal: Chakku Rs 2,800-2,900, Pedi Rs 2,950-3,050 and Dhayya N.T., shakkar Rs 3,100-3,200. In Muzaffarnagar: Raskat Rs 2,050-2,100, chakku Rs 2,400- 2,575 and Khurpa N.T. In Muradnagar: Pedi 2,700-2,750 and Dhaya N.A..

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Sugar prices fall on sluggish demand

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New Delhi, July 6 (PTI) Sugar prices today fell up to Rs 50 per quintal on the wholesale market here owing to slackness in demand and adequate stock position. Marketmen said adequate stock position against subdued demand following start of monsoon rains mainly led to fall in wholesale sugar prices. Reduced offtake by soft drinks and ice-cream makers also influenced the trading sentiment, they said. Sugar ready medium and second grade prices declined by Rs 20 each to Rs 2,880-2,980 and Rs 2,870-2,970 per quintal. Similarly, mill delivery medium and second grade prices fell by Rs 50 each to Rs 2,750-2,850 and Rs 2,740-2,840 per quintal. Following are today''s rates in Rs per quintal: Sugar ready M-30 2,880-2,980 and S-30 2,870-2,970. Mill delivery M-30 2,750-2,850 and S-30 2,740-2840. Sugar mill gate prices (excluding duty): Kinonni 2,775, Asmoli 2,790, Mawana 2,710, Titabi 2,700, Thanabhavan 2,690, Budhana 2,680 and Dorala 2,700.

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