1)Sheila Dikshit to be Kerala Governor
Former Delhi Chief Minister Sheila Dikshit is all set to be appointed Governor of Kerala.Ms. Dikshit, who led the Congress to a record three consecutive victories in the Delhi Assembly elections and remained the Chief Minister from 1998 to 2013, will replace Nikhil Kumar, former Delhi Police Commissioner, sources said.Mr. Kumar, earlier appointed Nagaland Governor, is expected to contest the coming Lok Sabha elections on a Congress ticket from Bihar. He was earlier a member of the 14th Lok Sabha from the Aurangabad constituency in Bihar, representing the Congress.PTI adds: Ms. Dikshit met Union Minister Sushilkumar Shinde in the morning and the decision to make her Kerala Governor was conveyed to her, they said.During the Delhi Assembly elections last December, Ms. Dikshit suffered an ignominious defeat in the New Delhi seat at the hands of Aam Aadmi Party leader Arvind Kejriwal.She had also represented the Kannauj Parliamentary constituency of Uttar Pradesh between 1984 and 1989.
2)Interest rates of small savings schemes raised
The Union government has raised the interest rates on select fixed deposit schemes offered by post offices.Interest rates on time deposits of various maturities have been raised by 10 to 20 basis points.The rate hike comes just ahead of the Lok Sabha poll announcement by the Election Commission. The rate hike will come into effect from April 1, 2014.The interest rates on the five-year senior citizens savings scheme, the five-year monthly income scheme, five-year and 10-year National Savings Certificates and Public Provident Funds have been kept unchanged.A communiqué from the Ministry of Finance has stated that necessary notifications will be issued separately in due course.The rate hike decision is in line with the recommendations of the Shyamala Gopinath Committee for Comprehensive Review of National Savings Fund (NSSF).
3)India has to set up new boxing body
With the provisional exclusion of the Indian Boxing Federation (IBF), the International Boxing Association (AIBA) has suggested that a new national federation be floated to revive the country’s relations with the international boxing community.The AIBA, which suspended the IBF on December 6, 2012 due to alleged irregularities in its elections held that year, said that it received “different claims from various groups of people on the way the sport of boxing was managed in India and it has therefore now become totally impossible for AIBA to make proper judgments in terms of handling the National Federation’s affairs in India.”
AIBA did not give us a chance: IBF secretary Bhandari
4)Dark days
Sahara chief Subrata Roy was sprayed with ink by a lawyer on Tuesday near the Supreme Court. The court was not satisfied with his plan to refund Rs. 20,000 crore in deposits and sent him to judicial custody till March 11
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