Powered Industrial Trucks: California’s Requirements for Equipment, Workplace Postings, Safe Operation, and Training

June 26, 2008

According to federal OSHA’s most recent statistics, more than 90,000 workers each year are injured, and 100 workers die, in forklift accidents. Workers are killed when a forklift tips over, when a forklift collides with pedestrians, when the worker is crushed by a forklift, or when the worker falls from a forklift.

This Special Report will help you navigate Cal/OSHA’s sometimes—confusing industrial truck standards, which are arranged differently than federal OSHA’s regulation and have different specific requirements. This Report will also help you ensure that your equipment meets Cal/OSHA standards by providing a comprehensive checklist you can use to inspect your equipment. Safe operating rules—which must be posted in the workplace—and training and instruction requirements are all thoroughly explained.

Download the entire report (PDF)

You can check ComplianceOnline for more OSHA related webinars from experts

iPhone 3G in India by Vodafone

June 25, 2008

Be the first to own the iPhone 3G in India, with Vodaforne. With support for Enterprise features like Microsoft Exchange, Maps with GPS and the new App Store, iPhone 3G puts even more features at your fingertips. And like the original iPhone, it combines three products in one-a revolutionary phone, a widescreen iPod, and a breakthrough Internet device with rich HTML email and full web browsing. iPhone 3G. It redefines what a mobile phone can do-again.

Click here to pre-register


June 25, 2008

May 13 was an important day in India’s fight against terror. Nine low-intensity blasts went off in the tourist city of Jaipur, killing 62 people. Places of worship and crowded areas were targeted. It was the day when India changed the questions it usually asks after a terrorist attack. No more why, how or who. From now on, it will only be ‘when and where next?’

The nature of terrorism has changed over the past three decades. Concentrated in the Valley for the better part of the 1980s, it moved to big cities — particularly Mumbai in the 1990s. Since the turn of the millennium, it began trickling down to the smaller cities.

As India searches for a way to combat this wave of terror — which agencies believe is being orchestrated by the Pakistan’s Inter-Services Intelligence — here is a look at the country’s top ten most wanted men. The 10 names, by itself, neatly define terrorism in India: Some outfits born from India’s bloodiest phase of violence before the Kashmir Valley became a hotbed in the 1980s — the Khalistan movement.

Intelligence agencies say they are gaining capability to strike in India. Also a part of this list are past masters of all things crime and anti-national: the Mumbai mafia. These may seem like spent forces, but they are very much active and help the ISI in many ways, the intelligence agencies say.

Rounding off the list of India’s most wanted are the men of the moment: the face of terror in India as we know it today and a faceless man, a man who for all you know is now plotting the answer to those two questions: ‘When and where next’.

Here is the list:

  1. Rahil Abdul
  2. Shahid Bilal
  3. Dawood Ibrahim
  4. Abdul Tunda
  5. Tiger Memon
  6. Lakhbir Singh Rode
  7. Ranjit Singh Neeta
  8. Ayub Memon
  9. Chota Shakeel
  10. Paramjit Singh

Source: Rediff

India beats UK in number of science PhDs

June 25, 2008

India may have a long way to go before becoming a global powerhouse in science but there’s some reason to celebrate. India has pipped the UK, a biotech power, and left far behind electronics giants South Korea and Taiwan in the number of science doctorates it generated from 1983 to 2003.

Between 1983 and 2003, India’s science PhDs went up from 3,886 to 6,318, while it went up from 2,430 to 3,780 in the UK. South Korea, which began with 281 PhDs, surged to 3225, while Taiwan began with 8 and closed at 202.

Source: Times of India

House Approves $150 Million More for FDA in Fiscal 2008

June 25, 2008

Lawmakers voted last week to give the FDA $150 million more for this fiscal year, which ends Sept. 30. The agency could continue to spend the money through Sept. 30, 2009.

The amount approved in the House vote on H.R. 2642, a supplemental funding bill, is a little more than half the $275 million approved by the Senate in its amendment to the bill in May.

The Senate version included $100 million for medical devices, drugs and biologics as suggested by FDA Commissioner Andrew von Eschenbach in a letter to Sen. Arlen Specter (R-Pa.).

Also last week, the House Agriculture Subcommittee approved a fiscal 2009 budget of approximately $2.1 billion for the FDA.

The budget includes $282 million more than originally requested by the administration, according to subcommittee Chairwoman Rosa DeLauro (D-Conn.). That increase covers the additional $275 million that HHS Secretary Mike Leavitt recently requested.

Source: FDANews

How to Dispose of Unused Medicines

June 24, 2008

Is your medicine cabinet filled with expired drugs or medications you no longer use? How should you dispose of them?

Most drugs can be thrown in the household trash, but consumers should take certain precautions before tossing them out, according to the Food and Drug Administration (FDA).

Guidelines for Drug Disposal

  • FDA worked with the White House Office of National Drug Control Policy (ONDCP) to develop the first consumer guidance for proper disposal of prescription drugs. Issued by ONDCP in February 2007, the federal guidelines are summarized here:
  • Follow any specific disposal instructions on the drug label or patient information that accompanies the medication. Do not flush prescription drugs down the toilet unless this information specifically instructs you to do so.
  • If no instructions are given, throw the drugs in the household trash, but first:
    • Take them out of their original containers and mix them with an undesirable substance, such as used coffee grounds or kitty litter. The medication will be less appealing to children and pets, and unrecognizable to people who may intentionally go through your trash.
    • Put them in a sealable bag, empty can, or other container to prevent the medication from leaking or breaking out of a garbage bag.
  • Take advantage of community drug take-back programs that allow the public to bring unused drugs to a central location for proper disposal. Call your city or county government’s household trash and recycling service (see blue pages in phone book) to see if a take-back program is available in your community.

Source: FDA

Even you can learn more about various FDA related rules and regulations at ComplianceOnline

Home loans: Why your age and tenure are important

June 23, 2008

Source: Rediff & ApnaLoan

Choosing right home loan tenure is as important an option as choosing an interest rate for the loan or focus on repayment and prepayment options.

There are several factors to be considered when one decides to take a home loan for a specific period.

Is age on your side?

The first important factor is the age. The younger the age, higher is the tenure available to a home loan borrower. This means, if one decides to take a loan in her/his 30s, s/he can get a loan for 20 years — the maximum loan tenure offered by most Indian banks currently.

Interest rates: Beware of ups and downs

When taking a loan, one must take into account the fact that interest rates fluctuate during the loan tenure. You just have to consider the interest rate movement on home loans in the last eight years to understand how fluctuating these rates have been.

The fluctuation will impact the home loan EMI (the amount of money you pay every month to your lender), whether one takes a loan at a fixed interest rate or floating interest rate.

Why age is important

If the loan borrower is younger, s/he can get an extension in her/his loan tenure. Remember that some banks offer maximum loan tenure of 25 years. If the loan borrower is in her/his 40s, the only option available in such a case would be to increase the EMI. And this can cause a lot of pain especially in times of soaring inflation.

But this is easier said than done. The reason is, by the time you are in your 40s, the rate of increase in potential income is much lesser as compared to what one can expect at a younger age, say in mid 20s or early 30s.

Another benefit of a younger age is the increased loan eligibility. Even though the current income is taken into account while giving a loan, the potential of increase in salary is also taken as a factor. So, one can easily opt for a top-up loan (a loan on top of an already existing loan) to meet personal needs or take care of an increased EMI if at all a borrower faces such a situation.

There are repayment options such as step-up repayment facility where the EMI is low in the initial period and increases at a later stage. This actually coincides with an increase in salary of a salaried borrower. This could be ideal for young borrowers who are climbing rungs professionally. But this is an option available for the younger lot.

How it makes a difference!

Let’s take an example. A 30-year old individual, say Amit, takes a home loan of Rs 30 lakh at an interest rate of 9 per cent for 20 years say in 2006. Amit earns about Rs 50, 000 per month then. Now let’s assume that the interest rate on Amit’s home loan increases to 11 per cent in 2008. Since Amit is 30 years old, he has an option of increasing the loan tenure to 25 years (even after increasing the loan tenure to 25 years Amit is still below his retirement age of 60 years as mentioned above).

Impact of changed rates with the tenure increase option

As the table below shows in the five years since 2003 Amit’s EMI has increased by Rs 4,605 in 2008. This is an annual increase of Rs 921 every year. This may not pinch much when prices are down but when inflation is around 11 per cent (as the figures for the week ending June 7 showed) then it sure pains a lot.

EMI increase if Amit increases his tenure Situation in 2003 Situation in 2008 if the tenure is increased to 25 years
Interest rate 9 per cent 12 per cent
EMI on a Rs 30 lakh loan Rs 26, 992 Rs 31, 597

Now let’s see the calculations if Amit were in his 40s. In this case the option of increasing the loan tenure would not be available as adding 25 years would take Amit beyond the eligible age of 60 years. The only option then would be to increase his home loan EMI.

Impact of changed rates if the EMI is increased

EMI increase if Amit were in his 40s Situation in 2003 Situation in 2008 if the EMI is increased
Interest rate 9 per cent 12 per cent
EMI Rs 26, 992 Rs 33, 033