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Savings accounts are accounts maintained by retail financial institutions that pay interest but can not be used directly as money (by, for example, writing a cheque). These accounts let customers set aside a portion of their liquid assets while earning a monetary return. Some of the different kinds of savings account are health savings account, online savings account, medial savings account, individual savings account etc. Savings accounts are offered by commercial banks, savings and loan associations, credit unions, building societies and mutual savings banks.

Obtaining funds held in a savings account may not be as convenient as from a demand account.

The deck to declare Nepal a republic is now clear. Political parties have decided to declare the nation a republic at the Constituent Assembly meeting on Wednesday. They are also close to a sealing a power-sharing deal.

On Tuesday morning, the three parties— the Communist Party of Nepal (Maoists), Nepali Congress (NC) and Communist Party of Nepal (UML) — were discussing the details of an agreement over two of the most contentious issues: Amendment of interim Constitution and power-sharing.

The deal will be a compromise for the three parties. The NC and UML would give up their demand for amendment of the interim Constitution to allow removal of the Prime Minister by a simple majority instead of the existing two-thirds vote-out. The Maoists, on their part, have agreed to elect a ceremonial President immediately after the monarchy is abolished.

Though the parties were still discussing the nitty-gritty of the agreement, including the power and responsibility of the ceremonial President, till late on Tuesday evening, the general spirit of the agreement is to enter into a power-sharing deal and move ahead collectively. A senior leader told The Hindu that the top four parties would now share the post of the Prime Minister, President, Vice-President, and Chair of the Constituent Assembly. That means candidates from the Communist Party of Nepal (Maoists), NC, UML and Madhesi Peoples’ Rights Forum would now take the post of Executive Prime Minister, ceremonial President, Chair of the CA and Vice-President, respectively.

The parties have also agreed that Prime Minister Girija Prasad Koirala would table a proposal for declaration of the republic when the CA meeting commences on Wednesday. Once the House passes the proposal, Nepal will be declared a republic on Wednesday itself, ending the 240-year-long monarchy.

Home cinema, also called home theater, are entertainment systems that seek to reproduce cinema quality video and audio in a private home. In the 1950s, home movies became popular in the United States with Kodak 8 mm film projector equipment became affordable. The development of multi-channel audio systems and laserdisc in the 1980s created a new paradigm for home cinema. In the early to mid 1990’s, a typical home cinema would have a Laserdisc or S-VHS videocassette player fed to a large rear projection television. In the late 1990s, home theather technology progressed with the development of DVD, Dolby Digital 5.1-channel audio (”surround sound”), and High-Definition Television. For more sophisticated movie watching you can opt for home theater seating. There are different varieties of home theatre seating based on its value.

The roots of the famous Swiss watch manufacturer date back to the 19th century, when, in 1875, the 23-year-old Jules Audemars met Edward-August Piguet, then only 21, at Vallée de Joux, which is considered[who?] to be the cradle of prestige watch-making. Their hometown was Le Brassus. When they graduated school they went to Vallée de Joux to start working in their favorite field of watch manufacturing.

Thus Audemars started producing component parts for movements and Piguet got the job of a repasseur, whose job it was to make the final regulation of the timepiece. They founded a firm later known as Audemars, Piguet et Cie.

Their business started with Audemars managing the production and monitoring the technical part and Piguet focusing on sales. Instant success was not to come. The Audemars Piguet trademark was registered later in 1882 and only seven years later the company was officially founded. Then Audemars Piguet et Cie succeeded in becoming one of the first largest employers for watch-making in the whole Canton of Vaud, southwestern Switzerland.

For those who wish to play in waters but dont know to swim pool floats is the best way to fulfill their dreams. There are different types of pool floats such as inflatable floats, baby floats, inflatable boats etc. Inflatable boats are Lightweight and portable, you’ll navigate the water safely and easily in these durable boats made of heavy-duty nylon that are able to accommodate up to three people. Since inflating and deflating the air chambers only takes minutes, you’ll be ready to go in no time.

British telecom giant Vodafone on Tuesday announced that Arun Sarin, one of few Indian-origin chiefs of large companies outside India, is stepping down as its CEO and would be replaced by his deputy Vittorio Colao on July 29.

After five years as CEO of one of the largest mobile operators in the world, Mr. Sarin would retire at the end of Vodafone’s annual general meeting on July 29, and would be succeeded by Deputy Chief Executive Vittorio Colao.

Mr. Sarin became CEO in July 2003 and has led Vodafone’s evolution into a full-fledged communications company.

“Under his leadership, Vodafone has developed and implemented a new strategy,” the company said, adding that as part of this strategy, it had expanded into emerging markets, including Romania, Czech Republic, Turkey and most recently, India, where Mr. Sarin led the acquisition of Hutchison Essar.

Vodafone’s acquisition of Hutch Essar is the largest foreign investment made in India.

Besides, under Sarin’s leadership, Vodafone disposed of businesses in Japan and Sweden, together with interests in Switzerland and Belgium.

Vodafone’s customer base more than doubled from 120 million to over 260 million globally under his leadership, while returns to shareholders also grew with dividends rising more than 400 per cent.

“I feel I have accomplished what I set out to achieve, particularly in developing and implementing a new strategy,” Mr. Sarin said in a statement.

Vodafone Chairman John Bond said Mr. Sarin significantly expanded Vodafone’s footprint in emerging markets and the acquisition in India was very well timed and executed. Mr. Sarin, 53, is an IIT graduate and also holds an MS in engineering and an MBA from the University of California.

He started his career as a management consultant before moving, in 1984, to the Pacific Telesis Group in San Francisco, where he was instrumental in the company acquiring the first cellular licences in the U.S. as well as winning the first cellular licence in Germany and a PCN licence in the U.K.

Following the demerger from Pacific Telesis of the mobile and paging businesses to form AirTouch Communications, Mr. Sarin was appointed Senior Vice-President Corporate Strategy and Development, and later, President with responsibility to manage cellular and paging operations in 14 countries. He was a key negotiator in the merger of AirTouch with Vodafone Group Plc and was appointed CEO of U.S./Asia-Pacific region of the combined business.

In 2000, with the merger of Vodafone AirTouch’s U.S. businesses with those of Bell Atlantic and GTE to form Verizon Wireless, Mr. Sarin, while remaining a non-executive director of Vodafone AirTouch Plc, became CEO of Infospace, a provider of mobile internet content and directory services.

In 2001, Mr. Sarin joined Accel-KKR Telecom, a telecom investment and management business. In April 2003, he became CEO designate of Vodafone Group Plc and assumed the post of Chief Executive on July 30, 2003.

The next CEO Vittorio Colao, 46, is reserve officer of the Italian Carabinieri Army. Vodafone also announced on Tuesday that its non-executive directors Michael Boskin and Jurgen Schrempp would not be seeking re-election at the AGM.

The Outer Banks are a 200–mile (320-km) long string of narrow barrier islands off the coast of North Carolina, on the East Coast of the United States. They cover approximately half the northern North Carolina coastline, separating the Albemarle Sound and Pamlico Sound from the Atlantic Ocean.

The Outer Banks rentals is a major tourist destination, and is known for temperate weather and wide expanses of wide open beachfront. Recognizing the popular abbreviation “OBX” for the Outer Banks, residents petitioned for automobile license plates with an OBX prefix. After this was done in 2001, the complete run of plates (OBX-0000 through OBX-9999) was quickly exhausted. Since North Carolina plates can include eight characters, locals protested and were rewarded with an extended series of plates beginning with OBX10000. Although the “OBX” plates are available to any NC resident, they are only available at the Dare County License plate agency.

Myanmar’s military junta extended the detention of opposition leader Aung San Suu Kyi on Tuesday, ignoring world-wide appeals to free the Nobel laureate, who has been detained for more than 12 of the past 18 years, said an official.

Her period of house arrest was extended by one year, said the official. The government is thought to have also had the option of extending it for just six months. Ms. Suu Kyi has been in detention continuously since May 2003, most of the time under house arrest.Ms. Suu Kyi was personally informed of her continued imprisonment by officials from the Home Ministry who entered her home prior to the announcement. The extension was issued despite a law that stipulated no one can be held longer than five years without being released or put on trial. There have been no public announcements of previous extensions, and there was no immediate official news of the latest development.

Earlier on Tuesday, the police hauled away 20 people who were protesting Ms. Suu Kyi’s detention. Witnesses said riot police shoved members of the National League for Democracy into a truck as they were marching from the party’s headquarters to Ms. Suu Kyi’s home. Ms. Suu Kyi’s house arrest, which has been renewed annually, was believed to expire at midnight on Tuesday, said National League for Democracy spokesman Nyan Win. With the regime saying nothing, there had been uncertainly about the exact expiration.
The decision comes at a delicate time for the junta. It is facing international condemnation for the way it failed the Cyclone Nargis relief effort, with more than half of the 2.4 million survivors needed food, clean water and shelter more than three weeks after the disaster. But few expected Ms. Suu Kyi to be released, despite urging by both the U.N. and some members of ASEAN.

“Their failure to abide by their own law by refusing to release [Suu Kyi] … is a clear slap in the face to [U.N. Secretary-General] Ban Ki-moon and ASEAN diplomats,” said lawyer Jared Genser, who has been hired by Ms. Suu Kyi’s family to push for her release.

Indonesian Foreign Minister Hassan Wirayuda called for her release on Tuesday, saying it would be a way of thanking the international community for its generosity after the cyclone, which killed at least 78,000 people and left another 56,000 missing. “I hope for the best, but to be frank I’m not optimistic,” he said.

About 20 plain-clothed police officers stood guard outside Ms. Suu Kyi’s lakeside house, while six truckloads of riot police were on guard near the National League for Democracy headquarters. Standing in front of the headquarters, about 30 supporters held a banner calling for her release and chanted: “Aung San Suu Kyi. Release her immediately.” A minute’s silence was held outside the headquarters for those killed by Cyclone Nargis and for “democracy heroes.”

About 200 members attended a ceremony inside the headquarters to mark the 18th anniversary of the party’s landslide victory in 1990 elections, which the junta has never honoured.

Disposable gloves used in food processing operations is becoming popular. Many operators feel that wearing gloves prevents the transmission of foodborne related pathogens. However, wearing gloves is not a substitute for appropriate, effective, thorough and frequent hand-washing. Natural rubber latex gloves have been reported to cause allergic reactions in some individuals. Consider this when deciding whether single-use latex gloves will be used during food preparation. Hands must be carefully washed with soap and warm water, then dried before and after gloves are worn. Gloves are suitable for
mixing, deli sandwich assembly, prep work, vegetable handling, covering non-infected hand abrasions, etc.

The Rajasthan authorities and the Gujjar leadership are yet to reach an agreement on the mode of disposal of the bodies of those killed in the police firing on agitators at Bayana and Sikandra last week.

Tension prevailed in Bayana and the surrounding areas, though no major incident was reported from any part of the State. As part of the measures to put pressure on the Gujjar crowds squatting on the railway track in Pilupura, the authorities initiated a series of legal enforcements, including promulgation of the National Security Act, in as many as 15 districts. So far 50 persons have been booked in various districts under the Act.

The police have filed cases against Gujjar leader Kirori Singh Bainsla in connection with the killing of a head constable of the Rajasthan Armed Constabulary in Bayana in Friday’s violence. Besides, the Rajasthan High Court has issued summons to him for not following a court directive to maintain peace and protect public property.

As per Monday’s understanding with the Gujjar Arakshan Sangarsh Samiti (Gujjar reservation action committee), mobile teams waited for carrying out the post-mortem examination at Pilupura in Bayana tehsil of Bharatpur district, but the differences over how and when the bodies should be disposed of remained and the autopsies could not be done. The Gujjars want the bodies to be returned to them after the autopsy, while the authorities are keen on their immediate cremation.

“Something will have to be done. We hope and pray that we won’t have to use force. Though we have the wherewithal, we will surely try to avoid a forcible evacuation of the bodies,” S.N. Thanvi, Principal Secretary, who is camping in the area, said. “There is a decline in the number of people squatting around the bodies. Their number has come down to around 2000-3000 from 5000-6000 the previous day.”