Pdf 2012 www jagranjosh com - Dainik Jagran Hindi News

Current Affairs PDF June 2012 Page 12Disney XD will have to meetvarious guidelines such asserving size, calories, fat andsugar content by 2015. Theguidelines are aimed atreducing the obesity amongthe children.WHAT IS JUNK FOOD?Junk food is a term used for food that contains high levelof calories and little nutritional components. The termJunk Food was coined by Michael Jacobson, director ofthe Center for Science in the Public Interest, in 1972.Junk foods are considered to be one of the most vital reasons of obesity among the peopleacross the world. In USA more than two-thirds of the entire populations are overweight and 30per cent suffer from obesity, in addition to that there has also been a dramatic increase inchildhood obesity. In the United States, the percentage of overweight or obese children hasdoubled over the past 30 years to 25 per cent of the under-19 population.FITCH RATING AGENCY REVISED OUTLOOK ON INDIA'S FINANCIALINSTITUTIONS TO NEGATIVERatings agency Fitch on 20 June 2012 revised the outlook on India's financial institutions tonegative from stable. The outlook of six government banks, two private banks, two whollyowned government institutions and one infrastructure finance company was lowered by therating agency. The financial entities which faced the axe are as follows: Bank of Baroda (BoB)and its overseas subsidiary Bank of Baroda (New Zealand), Canara Bank, IDBI Bank and AxisBank, Export-Import Bank of India, Hudco, IDFC and Indian Railway Finance Corporation. Thedownward revision in outlook is likely to result in increased cost of fund from overseas. Majorpublic sector lender, State Bank of India which recently announced its plans to raise $2 billionfrom overseas markets will be hit the most by the revision.In the report by Fitch, the rating agency listed high customerdeposit base, established domestic franchises and adequatecapitalisation as the strengths of banks. On the other hand it alsomentioned that non-banking institutions are at greater risk becausethey lack the funding advantage. It also mentioned that in casesovereign long-term IDR is downgraded, banks with viability rating(VR) of BBB- would also be affected because of these linkages. VR isdesigned to represent its view as to the intrinsic creditworthiness of an issuer.The rating agency had earlier on 18 June 2012 also revised India's sovereign outlook tonegative. Following the downward revision of the sovereign outlook, outlook of seven PSUsincluding NTPC, SAIL, IOC, PFC, GAIL, REC and NHPC was lowered to negative. The Fitch actionthus affected 19 Indian entities in all. The rating agency further opined that weakeningeconomic and fiscal outlook, slowing business reforms as well as inflationary pressures is likelyto further put pressure on the future asset quality of the entities.CLEAN INDIA CAMPAIGN LAUNCHED FOR 100 MONUMENTS IN DELHIwww.jagranjosh.comPage12Current Affairs PDF June 2012