China is celebrating its birthday with a massive parade in Beijing, with new weapons expected to be unveiled in a show of force and unity. Watch live: https://t.co/9J74co6MTQpic.twitter.com/Sq6KYUbLpw
Billionaire Francois Picault is first French donor to follow through on promise to pay for Notre Dame reconstruction with £90 MILLION donation https://t.co/IhIXwmjtfy
Mark Zuckerberg's message to employees on Elizabeth Warren: 'If she gets elected president, then I would bet that we will have a legal challenge ... against our own government' https://t.co/bYmLVQg24Bpic.twitter.com/bdLHLwNRkM
Students listening to the sergeant explain his techniques. He still has his head down in this picture, making him almost invisible. Ryan Pickrell/Business Insider
* Insider recently observed scout snipers going through stalking training at Marine Corps Base Quantico in Virginia. * Before the students entered the field, an instructor demonstrated proper technique. * Not only was everyone unable to find the sniper with various optics at the observation post roughly 1,000 feet from his position, but a dozen Marines, a couple of Army Rangers, and I were unable to find him when he was less than 3 feet away.
Imagine an enemy you can't see, an invisible hunter as lethal as any of nature's fiercest predators. A concealed sniper is by far one of the deadliest forces on the battlefield.
Insider visited Marine Corps Base Quantico in Virginia recently to observe US military snipers as they practiced hiding in plain sight. Before the training began, an instructor showed everyone how it's done.
Canada's Prime Minister Justin Trudeau speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada, March 19, 2019. REUTERS/Chris Wattie
OTTAWA/TORONTO (Reuters) - Canadian Prime Minister Justin Trudeau may be renowned internationally for his youthful persona and social media savvy, but even before the embarrassment of his recent blackface makeup scandal there were concerns about the support he needs from younger voters to win re-election.
Young Canadians wanting change after nearly 10 years of Conservative government played a critical role in electing Trudeau and his center-left Liberals in 2015, when he promised to tackle climate change, legalize marijuana and reform the electoral system - issues that resonated with younger voters.
The trouble for the 47-year-old Trudeau, pollsters say, is that these same voters are now frustrated after a series of Liberal scandals as well as the government's decision to buy an oil pipeline in an attempt to shore up Canada's key fossil fuels industry. The party is in a statistical tie with the opposition Conservatives in polls ahead of the Oct. 21 vote.
WNU editor: Prime Minister Trudeau's public support is definitely down, and I do not see it improving from now to election day on October 21. Prime Minister Trudeau's hope is to do well in three upcoming debates .... but I predict that he will fall short. The other candidates are going to gang-up on him, and Prime Minister Trudeau has a history of not responding well when he is put under pressure.
Peru's government is in the midst of a political crisis Tuesday after its president dissolved the country's congress for failing to support his anti-corruption reforms – only for lawmakers to respond by suspending him from office and appointing his vice president as their new leader.
President Martín Vizcarra's actions against the opposition-controlled congress were met with cheers early Tuesday morning by thousands of people who took to the streets of its capital, Lima, waving Peruvian flags, chanting and carrying signs with phrases like "Get out, corrupt politicians!"
Others tried to force their way into the legislature to get lawmakers out, but were driven back by police with tear gas.
In December 2016, just a few weeks before moving into the White House, President-elect Donald Trump tweeted that once he was in office, "billions of dollars can and will be saved on military (and other) purchases."
Presidential candidates often campaign for or against defense spending, but Trump was perhaps the first to promise that his business acumen — an image bolstered by his bestselling book "The Art of the Deal" — would enable him to shave billions of dollars off costly weapons, like the F-35 Joint Strike Fighter, estimated to top $1 trillion.
While Trump's critics were questioning whether he was actually capable of achieving big savings in the military budget, over at the Pentagon the man whose job it was to negotiate those weapons deals welcomed the president's attention to the issue.
As the People's Republic of China celebrates the 70th anniversary of its founding on Oct. 1, it gets mixed reviews from people around the world, according to Pew Research Center's latest Global Attitudes Survey. A median of 41% across the 32 countries surveyed have a favorable opinion of China, compared with a median of 37% who have an unfavorable opinion.
And, while majorities in most countries agree China's influence on the world stage has grown markedly, this has not necessarily translated into favorable views of the country, according to the survey of 34,904 people conducted May 13 to Aug. 29, 2019.
Beijing's carefully planned celebrations turned into a PR disaster for Xi Jinping
October 1 was meant to be a carefully choreographed showcase of China's military and economic might on the 70th anniversary of communist rule, and a celebration of the strongman president, Xi Jinping.
But after a picture-perfect parade was beamed around the world from Beijing, the one part of the country that is not under his full control ripped up the playbook, with the people of Hong Kong pouring on to the streets to challenge Xi's vision for China.
HONG KONG (Reuters) - Hong Kong police shot a teenage protester on Tuesday, the first to be hit by live ammunition in almost four months of unrest in the Chinese-ruled city, amid violent clashes on the 70th anniversary of the founding of the People's Republic.
Cat-and-mouse clashes spread from the shopping district of Causeway Bay to the Admiralty area of government offices on Hong Kong island, and then on to the New Territories bordering mainland China, with police firing tear gas and water cannon at petrol bomb throwing activists.
* A North Korean missile appears to have fallen into Japan's Exclusive Economic Zone Wednesday morning, Japan's top government spokesman said. * There were no reports so far of any impact on aircraft or ships in the vicinity.
North Korea carried out another projectile launch on Wednesday, the South Korean military and Japan's Coast Guard said, a day after North Korea announced it will hold working-level talks with the United States at the weekend.
South Korea's Joint Chiefs of Staff (JCS) said North Korea fired an unidentified projectile on Wednesday morning from around Wonsan, in southeast Kangwon province, towards the sea to the east.
Japan's Coast Guard said in a statement North Korea had launched what appeared to be a missile and urged vessels to pay attention to further information and not to approach any debris.
Ukraine on Tuesday signed much-anticipated accords with separatists from the country's east, Russia and European monitors that agree a local election can be held in separatist-controlled territory, paving the way for peace talks with Moscow.
The signing at a meeting in the Belarusian capital Minsk was largely seen as the new Ukrainian government taking a major step toward a resolution of the prolonged armed conflict in eastern Ukraine that has killed more than 13,000 people and displaced more than 1 million since 2014.
Ukrainian President Volodymyr Zelenskiy said at a briefing in Kiev that the country agreed to a snap local election in the east, which has been controlled by the Russia-backed separatists since April 2014. He sought to dispel fears about excessive concessions to the separatists, saying the election would be held only when Ukraine regains control of all its borders with Russia.
"There won't be any elections under the barrel of a gun," Zelenskiy said in response to criticism that his administration bowed to Russia's demands. "There won't be any elections there if the troops are still there."
A top U.S. Army advisor to the Saudis had previously described high casualty rates and a worrying lack of capacity in the country's National Guard.
Yemen's Houthi rebels have released video footage that they say is from a recent major battle with Saudi Arabian forces that resulted in hundreds of Saudi casualties and the capture of many more, along with the seizure of vast array of vehicles and other weapons and equipment. The Houthi's specific claims cannot be independently verified and follow questionable assertions from the group about its involvement in recent unprecedented attacks on key pieces of Saudi Arabia's oil infrastructure. However, the disclosure does come nearly two years after a senior U.S. military advisor publicly highlighted worryingly high casualty rates and poor training and sustainment practices within the Saudi Arabian National Guard, specifically, which appears to have been involved in this particular incident.
WNU Editor: A sobering read. Saudi Arabia has spent tens of billions on weapons systems, but it appears that they have ignored spending money on the more basic stuff, as well as providing the necessary training. Bottom line. If Saudi Arabia has trouble waging war against the Houthis, they will definitely not be up to the task if they waqe war against more formidable opponent, like the Iranians.
The Communist ideology is a parasite that cannot survive for long on its own.
The Soviet Union collapsed in 1991 after 69 years of tyranny and aggression. On October 1, the People's Republic of China will officially turn 70. The brutal regime of Mao Zedong and Xi Jinping has made China the world's longest surviving Communist country, and unlike the Kremlin of old, Beijing seems stronger than ever.
The contrast between China today and the Soviet Union at its death could hardly be more stark. In the early 1990s, Russia's military was swiftly losing ground to American investment and innovation, forcing a global retreat of influence and power. Today, the People's Liberation Army is quickly closing the gap with the U.S. armed forces and is projecting its newfound power from the Arctic to Africa to Australasia.
Communist China is also sprinting economically. It overtook Japan as the world's second-largest economy in 2011, and its GDP has nearly tripled since then. Many forecasters say it's a matter of when, not if, China overtakes the U.S. By comparison, the Soviet Union struggled to keep its economy even half as large as America's.
WNU Editor: The decline in GDP growth expectations have surprised many of my friends who live and work in China. This was not suppose to happen. And now there is a real fear in China that as the U.S. continues to decouple from China, China's economic growth will only decline further. As for the Central government, they are still in denial of the situation, reassuring everyone that they now lead the world .... Chinese President Xi: China Leads The World.
WASHINGTON — Since the release of the National Defense Strategy in early 2018, top Pentagon officials have stressed that the department needs to keep its focus on the long-term challenge from China. Now, with the creation of a new office focused solely on China, officials in the department hope to take a major step forward in that effort.
In June, the Department of Defense discreetly created a new job: the deputy assistant secretary of defense for China. Deputy assistant secretaries of defense, or DASD, serve as civilian subject matter experts, three levels down from the undersecretary of defense for policy, traditionally one of the most powerful positions in the Pentagon. The new job, according to a department statement, will serve as "principal advisor to the Secretary of Defense on all things China and will be the single hub for policy and strategy development, oversight, authorities review, and national-level interagency integration to align the Department's efforts on China."
* China held parade to mark the 70th anniversary of founding of People's Republic * Beijing showed off huge range of new technology designed to counter US power * Centrepiece was DF-41 ICBM, which could be the world's most powerful nuke * New hypersonic nukes, stealth drones, fighter jets and tanks were also shown
China has unveiled a bristling array of new military technology during a parade to mark the founding of the Communist nation 70 years ago.
The centrepiece was the Dongfeng-41 intercontinental ballistic missile which is thought to be capable of landing 10 nuclear warheads anywhere in the US within 30 minutes of launching.
It is also thought to have a range of more than 9,300 miles - the longest in the world - potentially making it the most powerful nuclear weapon on the planet.
Also on display was the DF-17, another intercontinental ballistic missile with a hypersonic warhead, which China claims makes it immune to all current missile defence systems.
* "There is no force that can shake the foundation of this great nation," Chinese President Xi Jinping says Tuesday in a speech commemorating the 70th anniversary of the Chinese Communist Party's rule. * Xi did not specifically mention any other country by name, and emphasized that China would pursue peaceful development. * In his speech Tuesday, Xi says the central government would "maintain long-term prosperity and stability of Hong Kong and Macao."
BEIJING — Chinese President Xi Jinping said Tuesday in a speech commemorating the 70th anniversary of the Chinese Communist Party's rule that no force could sway China's development.
"There is no force that can shake the foundation of this great nation," Xi said in Mandarin, according to an official translation broadcast through state media. "No force can stop the Chinese people and the Chinese nation forging ahead."
Xi did not specifically mention any other country by name, and emphasized that China would pursue peaceful development.
* Hong Kong is on lockdown after clashes erupted in a dozen places as police urged public to stay at home * The financial hub was rocked by blood and violence, marring China's grand National Day celebrations * Footage shows a police officer shooting a protester at close range while being hit by him with a baton * The student was in critical condition after debris of the bullet was said to be lodged an inch from his heart * A police spokesperson said the officer was forced to shoot the 18-year-old 'assailant' to save his own life * Another cop was filmed yelling at random onlookers, threatening to throw petrol bombs at protesters * Anti-riot squad fired another two live warning shots in Yau Ma Tei as they tried to disperse demonstrators * Organisers said at least 100,000 people marched along a broad city thoroughfare in defiance of a ban * Britain's Foreign Secretary Dominic Raab called the use of live ammunition by police 'disproportionate'
Hong Kong police have urged the public to stay indoors after an 18-year-old protester was shot in the chest by an anti-riot officer during a clash.
Another policeman has been filmed shouting at random onlookers, threatening to throw Molotov cocktails at 'rioter' protesters as the city is rocked by unprecedented level of violence amid China's National Day celebrations.
The injured demonstrator was hit in the chest by a police officer in the city's Tsuen Wan district this afternoon and was taken to Princess Margaret Hospital.
The bullet punctured one of his lungs and was lodged in his chest only an inch from his heart. The teenager is a secondary school pupil and was in critical condition, according to reports.
* China held a huge parade to mark the 70th anniversary of the founding of the People's Republic on Tuesday * Military display, featuring 15,000 troops, 160 aircraft and 580 pieces of equipment, was the first since 2015 * Beijing used it as an opportunity to show off its new technology - including the Dongfeng 41 ICBM, which it claims can hit anywhere in the US within 30 minutes, and the DF-17 hypersonic missile * Military show followed by civilian parade involving 100,000 people and showcasing China's economic might
China showed off its military power and economic prowess during a parade to mark the 70th anniversary of the founding of the People's Republic on Tuesday.
The display was presided over by Xi Jinping, wearing a grey jacket in echoes of Mao Zedong. Standing in an open-topped car, he watched the show from the Gate of Heavenly Peace, from where Mao proclaimed the founding of the modern nation in 1949.
The military parade was China's first large-scale display of arms since 2015 and was used to showcase the leaps that its army - which has the second-largest budget in the world behind the US - has made since then.
The Russian air force's first stealth fighter has flown in close formation with its first armed, stealth drone, possibly indicating that the two types might fly and fight together in the future.
The Okhotnik unmanned aerial vehicle made its first joint flight with an Su-57 manned fighter, the Russian defense ministry announced on Sept. 27, 2019.
* Determined to avoid becoming further embroiled in the Middle East, the United States will push Saudi Arabia to take the lead in any potential military strike on Iran. * But if Riyadh chooses to stage such an attack, it will have to contend with the consequences that the more credible its actions, the more significant Iran's retaliation could be. * Ultimately, Saudi Arabia has the means to strike back, but it will find it difficult to insulate itself from subsequent Iranian counterstrikes. * Accordingly, Riyadh will seek as much U.S. assistance and backing as possible before it proceeds.
Two weeks after a devastating attack on Saudi oil facilities at Abqaiq and Khurais, one major question remains up in the air: What are the United States and Saudi Arabia going to do in response? Both are attempting to make a compelling case that Iran was directly culpable for the attacks. With proof of Iran's guilt, they can further isolate Tehran diplomatically, potentially paving the way for an aggressive response.
Former national security adviser renounces US policy in first public comments since exit but does not discuss Trump-Ukraine
John Bolton has comprehensively repudiated the Trump administration's North Korea policy, warning that the Pyongyang regime is becoming more dangerous with every passing day.
Bolton's comments on Monday were his first public remarks since leaving his post as national security adviser three weeks ago – but he did not address questions about why he spent 17 months in an administration whose policy he vehemently disagreed with.
SEOUL (Reuters) - North Korea and the United States have agreed to hold working-level talks on Oct. 5, North Korea's state news agency KCNA said on Tuesday, a development that would break months of stalemate since a failed summit in February.
Talks aimed at dismantling North Korea's nuclear and missile programs have been stalled in a holding pattern since the second summit between U.S. President Donald Trump and North Korean leader Kim Jong Un in Vietnam ended without a deal.
WNU Editor: The career diplomats and the specialists are now going to work on the details, and I suspect that we will be hearing for the next few months complaints that the other side is not compromising enough. My analysis on these talks has not changed. It is going to take long time for anything substantive to come from these talks, and there is no guarantee of success.
BEIJING (Reuters) - Amid the roar of tanks rolling through a residential street in central Beijing at midday, 31-year-old Li Meiping cried tears of joy.
"So handsome, so handsome ... we love you, Beijing loves you," she said, holding both thumbs up to soldiers as they waved to the crowd from behind long black guns anchored to each tank.
As China's National Day military parade extravaganza wound up on Tuesday, thousands of people who were unable to see the actual parade because of tight security restrictions lined the streets behind steel barricades to watch phalanxes of tanks and armored vehicles pass on their way out of the capital.
The parade, which included some 15,000 troops, cutting-edge military hardware and a flyover by dozens of jets, is a celebration of the 70th anniversary of the founding of Communist Party-ruled China and is the most important event in the country's 2019 calendar.
WNU editor: I will be posting later today on the military hardware that was showcased in this massive parade. The first thing I noticed .... Beijing still has a problem with smog.
THE stark black-and-white images are etched for ever in the American psyche. Senator Robert F Kennedy sprawled on the hotel basement floor, eyes glazed, his head cradled in the helpless arms of fresh-faced waiter Juan Romero, his lifeblood seeping away.
TODAY's Google doodle depicts a man holding elements from the periodic table of elements which has been compiled to create the google name. But who is the Scottish chemist Sir William Ramsay?
MELANIA TRUMP was humiliated after revealing her "BeBest" initiative will encourage children to spend more time outdoors and learn about US national parks, at the same time Donald Trump faced criticism over his environmental stance.
The morning of Oct. 2, 2018, was the last day I would wake up to a normal life like everyone else, full of hopes and desires. Who would have known that it would be the last day I saw my fiancé, Jamal Khashoggi? Who would have known that when I left the house, I would become a real-life answer to the question: “Can someone’s life change in a day?”
I wasn’t supposed to be with Jamal that day when he went to the Saudi consulate to get the necessary documents for our marriage. He knew I was busy with my Ph.D. work and had told me to carry on with my studying. But in the end, I offered to go with him. Apart from being a person I loved, Jamal was a person I profoundly respected, whose life, status, experience and values I admired. I was always happy to know where he was going and to help him out, especially when he was in Istanbul, where we spent a lot of time together. It made him happy, too.
Who would have known that as we were finalizing preparations for our marriage, others were moving in for his murder? As the hours passed by in deep silence, I waited for him and stared at the gates of the consulate in fear and hope. By the time I realized something was wrong, the damage was already done. Jamal’s blood had already been spilled; his body cut up into pieces.
I still had no idea of the dark nights to come. In the days that followed, my phone rang constantly for hours. Were the calls from journalists? I could not answer most of them. Although it took a long time for the news to emerge, Jamal’s death in the consulate that day was eventually confirmed to the public on Oct. 19. Turkey was saved from being the host to an anonymous murder. That is hardly enough to ease the enormous loss of Jamal.
After the news of the atrocity, I felt detached from life for a long time. I did not read the news; I did not follow what was written during the period. Articles or phone calls would not be able to bring Jamal back. But journalists and rights groups managed to keep the issue on the international agenda for a long time, with sheer loyalty to Jamal and what he stood for. For this I am grateful, and I hope they will uphold their moral responsibility and continue to pursue justice for this brave man.
But Jamal was murdered. I will never see or have the chance to meet with him again in the earthly realm. All my dreams have been profoundly shaken. Before this, I had my own struggles in life like everyone else. Now, Jamal’s fight for justice has been added to them. Because world leaders claim to represent justice but lack morality, I have been left with the burden of carrying this feeling. I am not just the woman going after her partner’s cause in his absence, but also the one left to hold to account those who took his life.
A year later, the first thing that comes to my mind is shame, an immense disappointment that the systems of the world are built on economic interests rather than ethical values. As a researcher of the Middle East and a future academic, I can see that the day Jamal was killed was not simply the murder of a journalist. It was also the murder of fundamental values: human rights, the international rule of law, the norms of diplomacy. The situation reminded me of the words of the wise Alija Izetbegovic during the Bosnian War: “What is being defended in Bosnia today is not just Bosnia itself; what is being defended is Europe. For in Bosnia today, the values vowed to be upheld by Europe are being defended.”
Jamal supported the fight for democracy in the Middle East after the Arab Spring. “It is time for concepts like freedom of thought and democracy to arrive in Arab states as well,” he would say. It was statements like these that so provoked the current leaders of Saudi Arabia, afraid of their own shadows, their rage growing into such animosity that they carved up a human being because of his words.
Jamal only wanted to practice journalism. He acted as a journalist should. But in the minds of those who only saw journalists as spies giving intelligence to the pubic, he was extremely dangerous.
From this perspective, Jamal’s murder shows how our part of the world—the Middle East—is being left in the dark ages. Most of Jamal’s friends were either in prison or did not have such a strong voice that could speak to the whole world. But Jamal found comfort in knowing that so many like-minded people were with him and supported him. This is what he meant every time he said he was not alone with these beliefs.
What happened to Jamal showed how far human rights have been abandoned in the Arab world. Jamal’s name now represents all the nameless people in this region who would like to speak but can’t articulate what they want to say, and have to remain anonymous on social media.
The murder of Jamal, a rare man of his generation, was a blow to everyone fighting for democracy in the region. It wasn’t just people who knew him who cried at his death; it was everyone crying for the fate of the people from this region. Muslims around the world performed a funeral prayer without a body. In getting rid of his body, his killers had dealt yet another blow to those who loved Jamal.
But at the same time, they sowed the seeds of a new enlightenmentand a movement to fight for freedom around the world and, above all, in the Middle East. While I was traveling recently, a man came to help me with my suitcase, walking with me until passport control without looking at me. When we paused, I thanked him for his kind gesture. “May Jamal rest in peace,” he replied. “I wish I could do more for you. I am Iranian; I recognized you as we were boarding the plane. I am so sorry for what happened. I was very much affected by it all.” Then he said goodbye and left, and I stood there watching him walk away.
The savagery of Jamal’s killing pained anyone with a conscience. By helping me that day, that Iranian man tried to relieve his own suffering. Days later, I saw a middle-aged lady approaching me. Her eyes brimming with tears, she asked me if I was Jamal’s partner; I said yes. “Please, let me hug you,” she said, wanting to prove how sincere she was. I learned this mother was from Iraq and was suffering too, sharing in the pain of Jamal’s brutal killing. They tried to silence Jamal forever. But instead he has become the symbol of our collective moral conscience, the voice for the voiceless in the Middle East.
(TAIPEI, Taiwan) — Searchers have recovered four bodies and are looking for two people missing from three fishing boats that were struck when a bridge collapsed in Taiwan.
The National Fire Agency on Wednesday identified two of the victims as Indonesian and another as Filipino. The fourth body had not been identified.
Taiwan’s military deployed a floating platform to help workers remove debris and try to extract two of the boats from under collapsed sections of the bridge. The third boat was recovered the previous day. All the victims are believed to be fishing boat workers from Indonesia and the Philippines.
The 140-meter (460-foot) -long arched bridge collapsed Tuesday into a bay on Taiwan’s east coast, about 60 kilometers (40 miles) southeast of Taipei, the capital. A typhoon swept by the island earlier, but the weather was sunny when the bridge collapsed, and it wasn’t clear if the storm was a factor.
Ten people were taken to hospitals with injuries, including the Taiwanese driver of an oil tanker truck that fell off the bridge. The other nine are Filipino and Indonesian fishermen, with one, an Indonesian, in serious condition, Taiwan’s official Central News Agency said, citing an employment agency that recruited the workers.
Many Filipinos and Indonesians work on fishing boats registered in Taiwan, where the pay is better than in their home countries.
The 18-meter-high (nearly 60 feet) high bridge in Nanfangao, a Pacific coast fishing port, opened in 1998 and replaced a lower span that prevented large fishing vessels from passing underneath.
The company that designed the bridge, MAA Consultants, says it’s the only single-span arch bridge in Taiwan supported by cables and the second single arch-cable steel bridge in the world.
Amid worsening political tensions, hundreds of protesters gathered in the streets of Hong Kong’s financial quarter from lunchtime Wednesday in a spontaneous demonstration of anger at the shooting of an 18-year-old protester during the enclave’s worst unrest in more than 50 years.
Suited office workers joined young, black-clad activists in marching through the streets of Central district chanting “Fight for freedom! Stand with Hong Kong!” They sang the democracy movement’s anthem, “Glory to Hong Kong,” as passing bus drivers and vehicle passengers leaned out of their windows to offer gestures of support. Some carried signs accusing the police of attempted murder.
“I think we really need foreign countries to intervene,” said Chun, a 20-year-old protester. “I don’t know how or what they can do, but it’s becoming clear we can’t fight this government alone”
The latest demonstration comes after thousands of young protesters rampaged across the city Tuesday, fighting battles with police, setting fires in government offices and smashing the premises of businesses, organizations, and politicians with mainland Chinese connections.
The protester who was shot by police is in hospital in stable condition. According to official figures, 25 police officers and 66 protesters were injured and 180 people arrested in the violence, which saw protesters attack the police with petrol bombs, rocks, poles and other homemade weapons. Police responded with tear gas and water cannon but appeared unable to control the disturbances, which erupted in multiple districts across Hong Kong Island, the Kowloon peninsula and the suburban New Territories.
The government issued a statement late Tuesday condemning “online orchestration of violent acts in various districts across the territory” and what it called “very dangerous riots.” It accused those behind the disturbances of “leading Hong Kong to a chaotic and panic [sic] state.”
The police also issued a statement saying “Public safety has been jeopardized and the public order of the whole city is being pushed to the verge of a very dangerous situation.”
Democratic lawmaker Claudia Mo told TIME that “This is just becoming so chaotic that I don’t know how we can carry on like this. Violence breeds violence. You can sense the anger and hostility and desperation of the young in particular.”
She called for the resignation of the enclave’s deeply unpopular top official. “I personally wish Carrie Lam would just quit,” Mo said. “We need a different face to lead Hong Kong. Whoever that is, there just may be a chance to restart things.”
Conservative lawmaker Michael Tien said that it was time for Hongkongers to have the right to choose their own leader through universal suffrage. Presently, the chief executive, as the head of the administration is known, is appointed by a college of just 1,200 carefully vetted and mostly pro-Beijing electors.
“I think increasingly the Hong Kong middle class feels there’s a need for it [universal suffrage] rather than having the chief executive elected by 1,200 people,” he told TIME. “We desperately need a Chief Executive that can connect with young people. None of the last four chief executives has been able to do this.”
‘They want to suppress our voices and silence us’
In a separate protest, hundreds of people gathered at the West Kowloon Magistrates’ Court on Wednesday morning, in support of the 96 protesters facing rioting charges. It is the largest grouping of prosecutions since Hong Kong’s political crisis began in June. Many supporters were striking students in school uniform and expressed defiance in the wake of yesterday’s shooting.
“When I checked my phone yesterday and saw the news, I was heartbroken,” said a 16-year-old student named Lau. “I couldn’t sleep last night. This morning I woke up and I felt no better. I couldn’t make myself go to school, and I can’t imagine how others can sit in class normally like nothing happened. That’s why I decided to strike today. I think its the right thing to do.”
His 14-year-old friend said: “Even if it’s getting more and more dangerous, I won’t be afraid to come out. I won’t be scared because fear is exactly what our authoritarian government wants us to feel. They want to suppress our voices and silence us … to suppress our voices and silence us. We won’t let them do that.”
Students at a primary school opposite the court gathered on balconies and sang “Glory to Hong Kong” at the crowd outside the magistracy, who held up the protesters’ open-hand gesture—the five fingers each representing a core demand of the movement, which include universal suffrage and exoneration of all those arrested.
Protesters, who are demanding greater political freedom for Hong Kong, chose yesterday—China’s national day—to unleash their most determined attack yet. Shortly after dignitaries watched the official flag raising ceremony behind closed doors, tens of thousands of people defied a police ban to march through the city’s downtown areas calling for an end to Beijing’s authoritarianism. The Chinese flag was burned and images of China’s president Xi Jinping defaced.
Much of the city was in lockdown. Malls pulled down their shutters, almost half of the city’s subway stations were closed, and streets that would normally be thronged with shoppers and strolling families were deserted in anticipation of trouble.
By the mid-afternoon, the peaceful march turned into street occupations. Hardline protesters erected barricades and fought running battles with police across a dozen districts. Others began smashing and vandalizing storefronts. Fires were lit across the city. Two regional government offices were seriously damaged and multiple subway stations came under attack by protesters who accuse the train system’s operator of colluding with police.
Many are now wondering if the government will impose emergency powers to keep order.
“Yesterday marked a watershed towards more violence used by both protesters and the police. It seems the level of violence will continue and it could be raised by both sides,” said Willy Lam, adjunct professor at the Chinese University of Hong Kong’s Center for China Studies.
“What happened yesterday has boosted the possibility that at least parts of the [emergency powers] ordinance might be used, because things seem to be spinning out of control,” he told TIME.
Lam added that Beijing could also be expected to take a tougher line with the territory, which was retroceded to China in 1997 after 156 years of British colonial rule.
He said that in early September Zhao Kezhi, China’s top police officer, was appointed to a senior position in the Hong Kong and Macau Affairs Office.
“This is a very ominous sign,” Lam said, “that the top cop in China has been given control of Hong Kong affairs.”
Hong Kong has been roiled by four months of unrest. Early demonstrations against a now withdrawn extradition bill, which would have allowed the rendition of fugitives to mainland China for the first time, quickly grew into a democratic rebellion against the unpopular local government. Many protesters are also calling for self-determination or independence for Hong Kong.
—With reporting by Amy Gunia and Hillary Leung / Hong Kong
(LIMA, Peru) — A bitter struggle between Peru’s president and congress over who will govern the South American country threatened to become a lengthy and destabilizing legal battle as each side dug in Tuesday amid the deepest constitutional crisis in nearly three decades.
President Martín Vizcarra dissolved the opposition-controlled congress and called new elections on Monday, saying the step was needed to uproot the nation’s endemic corruption. Defiant opposition lawmakers voted to suspend him from office and appointed a vice president who recently broke ranks in his place.
The 35-member Organization of American States on Tuesday urged Peru’s Constitutional Tribunal to weigh in on the feud as both sides accused the other of abusing power and jeopardizing the nation’s stability.
The military and governors stood by Vizcarra while several private business coalitions announced they would back Mercedes Aráoz, who legislators swore into office late Monday night as the country’s rightful chief of state.
“It seems we are facing a protracted political crisis, with the dispute potentially ending up before courts,” said Maria Luisa Puig, an analyst for the Eurasia Group consultancy.
For now, Peruvians appeared overwhelmingly in favor of Vizcarra’s decision, but the events nonetheless could threaten to fuel social unrest. Vizcarra is likely to continue governing as president while any challenge from the opposition works its way through court. He has already called for new legislative elections in early 2020.
But if congress prevails, lawmakers would be entitled to stay in their posts till 2021, calling off Vizcarra’s elections and likely moving to impeach him, all moves that could irritate an already angry public with little to no faith in elected leaders.
Teresa Tintaya was among a handful of protesters outside congress Tuesday yelling phrases like, “Garbage congress, the people hate you!”
“President Vizcarra is a brave man,” she said.
Even before the turmoil, the nation was already on shaky political ground. Nearly every living former president has been ensnared in the mammoth Odebrecht corruption scandal, in which the Brazilian construction heavyweight admitted to funneling money to politicians around Latin America in exchange for handsome public works contracts.
Lower-ranking but still powerful judges, lawmakers and businessmen have been caught on wiretaps negotiating backroom deals, leading many Peruvians to conclude that no branch of their country’s turbulent government can be trusted.
Vizcarra rose to power last year after President Pedro Pablo Kuczynski resigned in relation to the Odebrecht probe and made defeating corruption his signature drive. He has succeeded where his predecessor failed in gaining the public’s support, but repeatedly clashed with congress ruled by opposition leader Keiko Fujimori’s party.
Under Peru’s law, Vizcarra is entitled to dissolve congress if it rejects two votes of confidence in his administration. Whether or not two such votes have taken place is at the crux of the conflict between the executive and legislative branches.
Vizcarra contends a rejection vote during Kuczynski’s administration counts as the first because he is continuing his predecessor’s mandate. He argues that the second happened Monday when lawmakers proceeded with a vote to select new Constitutional Tribunal magistrates, defying his warning that he would interpret it as a vote against confidence.
Almost simultaneously, opposition lawmakers rushed to approve a vote of confidence that they say in effect inhibits Vizcarra from closing congress.
Pedro Olaechea, president of the dissolved legislature, said Tuesday that he and others believe the president’s act was a “new sort of coup.” He said lawmakers are deciding how to proceed but that what is likely to follow will be a “lengthy, tedious and delicate legal matter.”
“The event we are living will generate much uncertainty,” he said.
The OAS, in its statement, said the Constitutional Tribunal, the same institution at the center of the feud, should decide on the legality of Vizcarra’s action, but the regional body also characterized the call for new elections as a “constructive step.”
“It’s appropriate for the political polarization the country is suffering from be resolved by the people at the polls,” the organization said.
The Constitutional Tribunal is expected to decide several important cases in the months ahead, including a habeas corpus request to free Fujimori, who is being held as prosecutors investigate her for allegedly laundering money from Odebrecht.
Though the terms for all six magistrates had expired, Vizcarra, legal observers and human rights groups criticized the congressional action for its speed and lack of transparency. The newspaper El Comercio reported Monday that six of the candidates up for consideration are facing potential criminal or civil charges for offenses including kidnapping, extortion and sex abuse.
By law, congress is responsible for appointing the new judges, a stipulation that Vizcarra contends fuels political conflict.
The one magistrate selected by lawmakers Monday before congress suspended voting is a relative of the head of the legislature. It is still unclear whether the newly appointed judge might take his seat and if so who he would replace and how that might change the balance of the tribunal.
Rigoberto Cueva, who was demonstrating in favor of Vizcarra on Tuesday, said that whatever happens in court, it is clear what the public is clamoring for.
“It’s not Vizcarra who has won here, it’s the people,” he said. “And the people have been demanding that congress be closed.”
___
Associated Press writer Franklin Briceño reported this story in Lima and AP writer Christine Armario reported from Bogota, Colombia.
(SEOUL, South Korea) — North Korea fired a ballistic missile from the sea on Wednesday, South Korea’s military said, a suggestion that it may have tested an underwater-launched missile for the first time in three years ahead of a resumption of nuclear talks with the United States this weekend.
The North Korea missile flew about 450 kilometers (280 miles) at a maximum altitude of 910 kilometers (565 miles) after liftoff from an unspecified place in the waters off the North’s eastern coastal town of Wonsan, Seoul’s Joint Chiefs of Staff said in a statement. South Korean and U.S. intelligence authorities were analyzing more details of the launch, it said.
Japan lodged an immediate protest against North Korea, saying the missile landed inside Japan’s economic exclusive zone. If confirmed, it would be the first North Korean missile that has landed that close to Japan since November 2017.
South Korean military officials wouldn’t officially disclose whether the missile was fired from a submarine, a barge or another possible platform. But during an emergency National Security Council meeting, council members placed weight on the possibility that North Korea performed a submarine-launched missile test and expressed “strong concerns” over the North Korean move, according to South Korea’s presidential office.
North Korea having the ability to launch missiles from submarines would be alarming because such weapons are harder to detect in advance. Some experts say the North is attempting to raise the stakes and ramp up pressure on the United States before their nuclear negotiators meet on Saturday.
“The North is trying to convey a message that time is not on the side of the United States and that it could take a different path if the working-level talks don’t go the way it wanted,” said Du Hyeogn Cha, a visiting scholar at Seoul’s Asan Institute for Policy Studies.
The Joint Chiefs of Staff statement said the weapon fired Tuesday is believed to be a “Pukguksong-class” missile. It refers to a solid-fuel missile that North Korea tested-launched from an underwater test platform in 2016, with the hope that it could eventually be a part of its submarine weaponry. That missile flew 500 kilometers (310 miles), and North Korean leader Kim Jong Un said at the time that his country had gained “perfect nuclear-attack capability.”
North Korea has been trying to obtain the ability to fire ballistic missiles from submarines, though the tests needed for that appear to have been put off while it has been engaged in nuclear diplomacy with the United States since early last year.
When the North’s news agency in July publicized photos of a newly built submarine and said its operational deployment “is near at hand,” some outside experts said it was North Korea’s biggest submarine with several launch tubes for missiles. An estimated 70 other submarines possessed by North Korea only have launch tubes for torpedoes, not missiles, according to the experts.
Cha said flight data provided by South Korea’s Joint Chiefs of Staff suggested that it was more likely that the North tested the same type of missile it fired in 2016, instead of a new weapons system.
Japan also confirmed the North Korean missile launch. It earlier said North Korea fired two missiles but later corrected itself and said there had been a single launch and perhaps the missile broke into two parts.
Japanese Defense Minister Taro Kono said the missile fell inside Japan’s exclusive economic zone. He called the launch “a serious threat to Japanese national security.” Kono also said the launch without an advance warning was an “extremely problematic and dangerous act” for the safety of vessels and aircraft.
Kono declined to say whether it was a submarine-launched missile.
Japanese Prime Minister Shinzo Abe condemned the launch and said it violated U.N. resolutions that ban North Korea from conducting any launch using ballistic technology.
“We will continue to cooperate with the U.S. and the international community and do the utmost to maintain and protect the safety of the people as we stay on alert,” Abe said.
The launch may also be seen as a way for North Korea to express its displeasure over South Korea displaying for the first time some of its newly purchased U.S.-made F-35 stealth fighter jets at its Armed Forces Day ceremony on Tuesday. The North has called the F-35 purchases a grave provocation that violate recent inter-Korean agreements aimed at lowering military tensions.
Cha stressed the North Korean launch demonstrated its expanding ability to strike allies South Korea and Japan, not the U.S. mainland.
North Korea has been maintaining its self-imposed moratorium on nuclear and long-range missile tests since Kim began diplomacy with U.S. President Donald Trump.
But since his second summit with Trump in Vietnam in February collapsed without reaching any agreement, Kim has hinted at scrapping that weapons test moratorium and demanded Trump to come up with mutually acceptable new proposals by December. In Hanoi, Trump rejected Kim’s calls for broad sanctions relief in exchange for partially surrendering its nuclear capabilities.
Tuesday’s launch, which was the North’s ninth round of weapons tests since late July, came hours after Choe Son Hui, North Korea’s first vice minister of foreign affairs, said North Korea and the United States have agreed to resume working-level nuclear negotiations on Saturday following a preliminary contact on Friday.
U.S. State Department spokeswoman Morgan Ortagus, who is traveling with Secretary of State Mike Pompeo in Rome, confirmed that U.S. and North Korean officials plan to meet within the next week.
Both North Korea and the United States didn’t say where the weekend meetings would take place.
___
Associated Press writer Mari Yamaguchi contributed to this report from Tokyo.
Prince Harry announced legal action against a British tabloid over what he called a “ruthless campaign” in an emotional announcement released Tuesday that also invoked the death of his mother, Princess Diana, who was killed in a car crash in 1997 while she was being chased by paparazzi.
Media information provided with the announcement confirmed Meghan Markle is suing the publisher of the Mail on Sunday after the tabloid newspaper published a “private letter” from the Duchess of Sussex.
“My deepest fear is history repeating itself,” Harry wrote. “I’ve seen what happens when someone I love is commoditised to the point that they are no longer treated or seen as a real person. I lost my mother and now I watch my wife falling victim to the same powerful forces.”
At issue specifically, according to numerous publications, is the publication by the Mail on Sunday of a handwritten letter said to be from Meghan to her estranged father, Thomas Markle, in August 2018, a few months after her wedding to Harry in May 2018. Thomas Markle did not attend the wedding, bowing out of the proceedings amid a paparazzi scandal that also involved the Mail on Sunday.
“The contents of a private letter were published unlawfully in an intentionally destructive manner to manipulate you, the reader, and further the divisive agenda of the media group in question,” Harry wrote in the statement. “In addition to their unlawful publication of this private document, they purposely misled you by strategically omitting select paragraphs, specific sentences, and even singular words to mask the lies they had perpetuated for over a year.”
A spokesperson from Schillings, Meghan’s legal representatives, said in a statement: “We have initiated legal proceedings against the Mail on Sunday, and its parent company Associated Newspapers, over the intrusive and unlawful publication of a private letter written by the Duchess of Sussex, which is part of a campaign by this media group to publish false and deliberately derogatory stories about her, as well as her husband. Given the refusal of Associated Newspapers to resolve this issue satisfactorily, we have issued proceedings to redress this breach of privacy, infringement of copyright and the aforementioned media agenda.”
Mail on Sunday, along with the Daily Mail and other publications, is owned by DMG Media, which was formerly known as Associated Newspapers. The company could not be immediately reached for comment.
Meghan, Harry wrote, “has become one of the latest victims of a British tabloid press that wages campaigns against individuals with no thought to the consequences.” The “continual misrepresentations” of Meghan have escalated in the last year, Harry wrote, continuing throughout her pregnancy and birth of the couple’s newborn son.
The announcement comes amid Harry and Meghan’s current South Africa tour, which has received glowing coverage from the same outlets that are accused of bullying Meghan at other times. Harry called out the “double standards” of treatment in the statement.
“The positive coverage of the past week from these same publications exposes the double standards of this specific press pack that has vilified her almost daily for the past nine months; they have been able to create lie after lie at her expense simply because she has not been visible while on maternity leave,” he wrote. “She is the same woman she was a year ago on our wedding day, just as she is the same woman you’ve seen on this Africa tour.”
(WASHINGTON) –– Ukraine’s president says no one explained to him why U.S. military aid to his country was delayed.
President Volodymyr Zelenskiy told reporters Tuesday that he stressed the importance of the military aid repeatedly in discussions with President Donald Trump, but “it wasn’t explained to me” why the money didn’t come through until September.
The Office of Management and Budget staff said the $250 million in funding had been delayed because Trump was consulting with his national security team about it.
While delaying the aid, Trump asked the Ukrainian leader in a July phone call to “look into” his Democratic rival Joe Biden.
Zelenskiy insisted Tuesday that “it is impossible to put pressure on me.” He also said he has never met or spoken with Trump’s lawyer Rudy Giuliani, who has pushed for an investigation into Biden’s son Hunter, who was on the board of a Ukrainian gas company.
(KYIV, Ukraine) — Ukraine’s leader isn’t just trying to charm U.S. President Donald Trump — he’s set his sights now on Tom Cruise, too.
Mission impossible? Maybe not — Cruise is studying possible Ukrainian locations for an upcoming film, according to Ukrainian President Volodymyr Zelensky’s office.
Zelensky tapped his roots as a TV and film comedian when hosting Cruise in the Ukrainian presidential headquarters Monday night.
As Cruise walked in, he said “You’re good-looking!,” according to video excerpts released Tuesday by his office. The Hollywood star laughed and said “it pays the bills.”
Zelensky joked about how exhausting it is to be president, and mentioned the stalled peace process for conflict-ravaged eastern Ukraine.
The video excerpts included no mention of Trump or the U.S. impeachment inquiry in which Ukraine plays a starring role.
(HELSINKI) — A man wielding a sword and a firearm killed a woman and wounded nine others Tuesday at a vocational school inside a shopping center in central Finland, police said. The attacker was seriously wounded after police opened fire, and he was taken into custody.
The police superintendent for eastern Finland, Mikko Lyytinen, told a news conference that officers were forced to shoot the man to prevent more bloodshed at the Herman shopping center in the town of Kuopio.
Police didn’t give the suspect’s age, but said he was born in 1994 and he’s a Finnish national without a prior criminal record. He was a student at the Savo Vocational College, which occupies the shopping center’s second floor.
The man’s apartment was later raided by police, and a cache of firebombs were found there. But it wasn’t immediately clear whether they were used in the rampage.
The motive for the attack remained unclear. The National Bureau of Investigation has taken over the investigation.
Police wouldn’t provide further details on the woman who was killed, but Finnish newspaper Keskisuomalainen said she was a student at the school and “the primary target” of the dark-clad attacker.
One police officer was slightly injured, and the rest of the wounded were students and staff of the school, mostly women aged 15-50. They were treated at a hospital for cuts. It wasn’t clear if the attacker used his firearm.
Prime Minister Antti Rinne tweeted that the violence was “shocking.”
The shopping center is located a few kilometers outside the center of Kuopio, about 350 kilometers (220 miles) northeast of the capital, Helsinki.
A witness told Finnish newspaper Iltalehti the man had entered a class with a bag and took out a sword and struck the teacher with it. Panic broke out among the students and some of them started to throw chairs at the attacker who fled the scene, Iltalehti reported.
An iceberg larger than the size of greater London has broken off the Amery Ice Shelf in Antarctica — the largest iceberg the shelf has produced in more than 50 years.
Scientists at the Australian Antarctic Devision and the Scripps Institution of Oceanography at UC San Diego have been monitoring the area for more than 20 years, and expected a large section would break off between 2010-2015, though they expected it would be an area they named “Loose Tooth” because of it’s resemblance to a child’s tooth hanging on. A different area of the ice shelf broke off on Sept. 26. and is now named D-28. It is 1,636 square kilometers in area, roughly 631.6 square miles.
“I am excited to see this calving event after all these years,” said Helen Amanda Fricker, a professor at Scripps, said in a public statement. “We knew it would happen eventually, but just to keep us all on our toes, it is not exactly where we expected it to be.”
The scientists say the iceberg break off — or calving — is not the result of climate change, but a part of the shelf’s normal cycle of major calving events taking place every 60-70 years. The event is also not expected to directly affect sea level rise because the ice shelf was already floating.
“But what will be interesting to see is how the loss of this ice will influence the ocean melting under the remaining ice shelf and the speed at which the ice flows off the continent,” Fricker said in the statement.
Amery Ice Shelf is the third largest in Antarctica, located on the eastern side of the continent. While scientists expected calving at Amery, glacial melt does pose a risk to global sea level rise.
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Choosing the right savings account can earn you 20-25 times more than the national average, and our weekly ranking of the top rates makes the job easy.
M1 Finance and Betterment are two of our top five robo-advisors, but they offer extremely different services. M1's forte is automated investing, without advice. Betterment is strong when it comes to setting financial goals.
Investors will be looking for evidence that Goldman Sachs has been taking steps to evolve in a rapidly changing industry when it reports earnings in two weeks.
A Roth IRA rollover transfers money from a traditional IRA into a Roth. There are lots of good reasons to make the switch, but watch out for the taxes.
Pensions and 401(k)s are two ways to save for retirement. But just because they're both employer-sponsored plans, doesn't mean you can't (or shouldn't) have both.
The interest rates you'll earn on a Roth IRA account depend on what you've invested in. There are a number of investment options to consider for a Roth IRA.
Contributed capital, also known as paid-in capital, is the total value of the stock that shareholders have directly purchased from the issuing company.
Find out if there is a tax advantage for corporations issuing preferred shares when compared to other forms of financing such as common shares or debt.
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Find out how stocks can pay dividends monthly and learn about the types of industries or companies that will most likely to do so. Finally discover how monthly dividends can be beneficial.
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Choosing the right savings account can earn you 20-25 times more than the national average, and our weekly ranking of the top rates makes the job easy.
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M1 Finance and Betterment are two of our top five robo-advisors, but they offer extremely different services. M1's forte is automated investing, without advice. Betterment is strong when it comes to setting financial goals.
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Lehman Brothers survived many financial crises in its long history until it was driven into bankruptcy. Learn more about the history behind this famous scandal.
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A Roth IRA rollover transfers money from a traditional IRA into a Roth. There are lots of good reasons to make the switch, but watch out for the taxes.
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Pensions and 401(k)s are two ways to save for retirement. But just because they're both employer-sponsored plans, doesn't mean you can't (or shouldn't) have both.
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Are you looking for UBTER Group D Syllabus Pdf ? Then, you are in right place for your search. Here we have given Uttarakhand High Court Group IV Syllabus along with exam pattern details. UBTER Group D Exam 2019 and are searching for Uttarakhand Group D Syllabus can get it over here. For much more details read further sections of the article.
UBTER Group D Syllabus 2019 Pdf
Uttarakhand Board of Technical Education (UBTER) released recruitment notification for 401 Group D posts. The starting date to fill the application process is on 17th August 2019 and the last date for final submission of application is on 19th September 2019.
Before starting to prepare for the exam its important to know about exam syllabus & pattern details. It helps to understand the structure of the exam and type of questions asked in the exam. For further details check the below table.
Uttarakhand High Court Group D Syllabus – Overview
UPSC Combined Geo-Scientist and Geologist Results 2019 are Released. Candidates who have attended the exam can check the Results from here. Only the candidates who have downloaded the Admit card are eligible to write the exam. Every year the UPSC Combined Geo-Scientist and Geologist exam are conducted in the month of May. Thus, those who want to check the UPSC Result can check from the official site.
UPSC Combined Geo-Scientist and Geologist Results
As we all know that the UPSC has successfully conducted the exam for the posts of Geologist, Geo-Scientist, Chemists and Hydrogeologists’ jobs. So now almost those who have written the UPSC Exam on 12 may 2016 are searching for results. The UPSC Geo-Scientist and Geologist exam have two phases i.e. the applicants those who have cleared written exam should attend an interview. For that, you need to check the UPSC Geo-Scientist and Geologist Results here. So, after checking the results if you are qualified then you can attend an Interview. To verify the results you need to enter the hall ticket number in the space provided. Thus, it is very important to keep the Admit card till last. (i.e. till you get Job). Therefore the contenders can check the UPSC Geoscientist results from the official site.
The Applicants those who have applied to the UPSC Geologist Exam need to check their results. Along with the Results, you need to check the cut-off marks. The Cut-off marks will be changing from year to year. This year the count of writing the UPSC Combined Geo-Scientist and Geologist exam has increased when compared to last years. So, it is very important to know the cut –off marks. Hence in our site www.recruitment.guru, we have provided the expected Cut-off marks. Thus, it helps that the candidate is qualified or not. Therefore check the total marks obtained with the expected cut-off marks list which we have provided below. Also, follow the below sections and know your UPSC Combined Geo-Scientist and Geologist Results.
Check how to Download the UPSC Combined Geo-Scientist & Geologist 2019 Exam Results
Firstly, log on to the official website of UPSC official site upsc.gov.in
Now, on the home page, there is a "Notifications" tab.
Here, you will find the list of notification related to the UPSC Geo-Scientist Result 2019.
Now, click on the corresponding link.
Later, it will take you to the results page.
Now, enter your registration number and password, date of birth of the candidate.
Later, click on the submit button.
Finally, your UPSC Geologist Exam result 2019 will appear on the window.
Download the UPSC Geologist Merit List and take a copy of the result for the further selection rounds.
UPSC Combined Geo-Scientist and Geologist Exam Result Date 2019
The Applicants those who have successfully completed the UPSC Combined Geologist and Geo-Scientist Exam are eagerly waiting to check their results. As the UPSC Combined Geologist and Geoscientist Exam results are available on the official site. So, the candidates can check the official site. But due to heavy accessing the official site it will slow down. So, in order to avoid all those problems, you can check UPSC Exam results from our site. We update every information regarding the results, admit cards, answer key and counseling dates. Stay tuned to our page regularly.
Click here to know your UPSC Geologist and Geo-Scientist Exam Results – Roll No | Name
Vardhman Mahaveer Open University has declared the VMOU BLIS Results 2019. The University currently published the results of DLIS, BLIS, MLIS, BSCP, BA III, B.Com II, III, B.Ed II, III & other Courses results are available here. Students eagerly waiting for the VMOU Exam Results can refer to this page. All the Regular and Supply VMOU Kota Result 2018-19 included in here. Also, you can have the individual results link regarding all the UG, PG, Diploma, PG Diploma, Certificate, and Lateral Entry Programmes. So, stay connected to get all the latest updated VMOU Result 2019. In fact, you can verify the www.vmou.ac.in official site of VMO University.
VMOU Result 2019 @vmou.ac.In
Here, on this page, Students can get their Semester and Annual Exam VMOU Result 2019. So, verify the page to download the Regular/ Supplementary marks list pdf from the VMOU Result 2018-19. Also, you can have the download process provided on this page recruitment.guru to have your RKCL VMOU Result at your fingertips. The University provides the UG, PG, Diploma, PG Diploma, and many other courses. So, we have comprised all the Result VMOU direct links in this article. However, we have also enlisted all the individual VMOU Result 2018-19. Furthermore, go through the below-provided links and follow the instructions available on this page to have your VMOU Online results. Also, the University conducts the RSCIT every year. So, we also provide the VMOU Kota RSCIT Result in this article.
Vardhman Mahaveer Open University has released RSCIT Results 2019 @vmou.ac.In.
वर्धमान महावीर ओपन यूनिवर्सिटी RSCIT परिणाम 2019 घोषित – Direct Link
Vardhaman Mahaveer Open University is an open university in Kota, Rajasthan, India, established on 23 July 1987, and was initially known as Kota Open University. It focussing, particularly on the humanities, commerce, library science and informatics. It is geographically distributed throughout Rajasthan, with regional centres in Ajmer, Bikaner, Jaipur, Jodhpur, Kota, Udaipur and Bharatpur, and several tens of "study centres" in cities, in addition to a special centre at New Delhi. The university has almost 50,000 new admissions in 2015 with a learner base of more than 100,000 students every year.
VMOU Supply/Revaluation Results
Students have a chance to apply for the revaluation, if the students may get low marks In the examination, they can apply for the Revaluation results. So again the head of the ExamIner will review the answer paper. After revaluation, students may get high marks. Still, if anyone got low marks, they can apply for the Supplementary ExamInations. Moreover, to get the Revaluation/Supplementary Results, students should pay the fee. Students can get all the results from this page Regular, Revaluation and Supplementary Results. Students of the Vardhman Mahaveer Open University can also get all Results Also. Just we are advising the Students to frequently visit this page to get latest updates of all VMOU Results 2019.
Dear Folks!!. Check out Kerala University Result 2019 for B.Com, MCA, BFA, M.Tech, BSc, BA, M.Sc, M. Com, M.Phil & Other Courses. The University has declared the results for various courses every day. Currently, The University has released the results of B.Ed 2nd Sem, M.Tech 1st Sem, 3rd Sem Supplementary, B.Com 2nd Sem CBCS, B.Sc 2nd Sem, M.A Arabic Supplementary, LL.B 5th year, LL.B 1st Sem 3yr, LLM 2nd Sem, M.A Political Science and other Courses results available here. Students who have been appeared for these examinations can check the results from the official website of the University i.e, keralauniversity.ac.in. Hence more, you can check the Kerala University Result at the Official Site. Moreover, we also provide the Kerala University Revaluation Result 2019 here.
Kerala University Result 2019
If you are in search of the Kerala University Exam Result 2019, then you came to the right place. Here, you can check out the semester wise results of this University regarding all the courses. So, candidates can get their respective scores of this Kerala University Exam Results 2019. Here, find the results for Kerala University Degree Result, Kerala Technical University Result, Kerala University Distance Education Result along with Kerala University Revaluation Result.
Hence more, you can verify the Kerala University Result at the official website and our site recruitment.guru. Recently, the University has published some results, and the future will release some Courses Result. Here we will be updating the Upcoming Kerala University Result link, it will work once the University will release it officially. Students anyone can check their results from this site now, here we have provided a direct link to get your Kerala University Result without any confusion.
Latest Results Update: Students can get all UG/PG Results which released from Kerala University
FIRST DEGREE PROGRAMME UNDER CBCSS FIRST SEMESTER B.COM COMMERCE & TAX PROCEDURE AND PRACTICE (337),GROUP 2(A), (2018 ADMN : REGULAR) DEGREE EXAMINATION, NOVEMBER 2018)
The University of Kerala, formerly the University of Travancore, is an affiliating university located in Thiruvananthapuram, capital of the state of Kerala, India. It was established in 1937. At present, the University has sixteen faculties and forty-one departments of teaching and research in addition to study centres and other departments. Teaching, Research, and Knowledge extension are the mandate of the Departments. They primarily focus on post-graduate (masters) programmes, MPhil programmes (1-year research degree) and doctoral research.
Kerala University Supply/Revaluation Results
Students are waiting for the results if they scored well they will lead to next year. But if they will not get more marks they can apply for the Revaluation Results. Once they applied for the Examination, the higher level Examiner will check the paper again. They can get the revaluation results within the time. Also if still get fail marks, they can apply for the Supplementary examination. For each and every semester Students can apply for the revaluation after the announcement of the main examination results. The University of Kerala will take a week or more to process the exam papers to announce the Kerala University Revaluation Results. Do stay updated with the University to know about the Revaluation Exam Results.
APSPDCL Results 2019 Released @ apspdcl.in | Check, APEPDCL JLM Selection list, Cut off Marks: Andhra Pradesh Southern Power Distribution Company Limited (APSPDCL) has declared the Junior Lineman Grade II (Energy Assistant) District Wise Selected candidates list on 30th September 2019. Applicants those who have participated APSPDCL JLM Exam 2019 on 3rd to 7th September 2019, can download selection list from the below link. Here on this page, we have provided a direct link to download APSPDCL Energy Assistant (Junior Lineman Grade-II) District wise selection list.
Latest Update: List of candidates for the post of Energy Assistant (Junior Lineman Grade-II) given the below-provided link. Also APEPDCL Energy Assistant (JLM Grade – II) 2019 – Results Released on 30th September 2019.
APSPDCL Results 2019 @ apspdcl.in
Dear Candidates, here we have updated the latest result link for the APSPDCL Recruitment 2019 Results. Applicants can get your results just by clicking the direct link provided below in the table. The APSPDCL JLM Result 2019 Released on 30th September 2019. Moreover, Along with the results, all the candidates can get the APSPDCL JLM Cut off Marks 2019 and APSPDCL JLM Merit List 2019 from the below sections. As we know that all the candidates who had attended the Pole climbing, Meter reading & Cycling tests from 3rd to 7th September 2019 are searching for the APSPDCL Energy Assistant Result 2019. All candidates can get the results from the direct link provided below.
APSPDCL/ APEPDCL JLM Result 2019 – Overview
APSPDCL JLM Result 2019 | APSPDCL Energy Assistant Cut off Marks, Merit List
Description
Details
Organization Name
Andhra Pradesh Southern Power Distribution Company Limited (APSPDCL)
All the applicants those who have participated in the APSPDCL Recruitment 2019 can get the highlighted points from the above table. Candidates can check your APSPDCL Results from the below link. Also, we have provided a direct link for the Circular Wise Cut off Marks of Junior Lineman Grade II (Energy Assistant). Even we have given an APSPDCL Results 2019 Pdf from the below link. The APSPDCL Selection process contains the Pole climbing, Meter reading & Cycling tests.
APSPDCL JLM Merit List 2019
The candidates who pass the Pole climbing, Meter reading, Cycling tests alone will be considered for selection, based on merit in total marks in SSC. If the aspirant scores highest marks in the Pole climbing, Meter reading & Cycling tests will be listed in the APSPDCL JLM Merit List 2019 and are called for the next level of the selection process (Document Verification). You can check the APSPDCL JLM Merit List 2019 after notified by the APSPDCL officials on the official webs portal apspdcl.cgg.gov.in results. Also, applicants can follow the simple steps to download the APSPDCL JLM Results easily.
Energy Assistants (Junior Lineman Grade-II) Selection List
The following applicants are selected for the post of Energy Assistant (Junior Lineman Grade-II). The selected candidates are requested to contact the phone number given against the concerned Circle and approach concerned Executive Engineers/Operation for appointment orders on 01.10.2019.
On contact, the Personnel Officer will inform you the name of the division to which alotted for getting appointment order. You are requested to approach the concerned Executive Engineer along with all relevant original certificates.
Note:- The selected candidates under Sports quota will be displayed separately after getting Approval from the Sports Authority of Andhra Pradesh.
Direct link to download APSPDCL Results 2019
APEPDCL Energy Assistant (JLM Grade – II) 2019 – Results
Durg University Click Here 2019 – Hello Folks!! Here we have good news for you. Durg University has published the Click Heres for various Courses. It announced by Annual/ Semester vice for all the Students who have appeared for the Examination. Currently, the University has released the Click Heres for LL.B part 1& 2 I Sem, M.A, B.P.Ed 1& 3rd Sem, M.Sc I Sem, M.A I & III Sem, B.Ed III Sem, M.A & M.Sc I Sem and others. Students can check the Click Heres from the official website of the University i.e, durguniversity.ac.in. Also, we have provided a direct link from the below table to get the Durg University Click Here, without any confusion. Moreover, Students can download the Click Heres at the University online web portal.
Durg University Click Here 2019
The Durg University UG & PG Click Heres are released on the official website. We update this Durg University Click Here 2019 page with the latest Click Here that is released on the official website by the official DUD board. So to know more about the DUD degree Click Here and other Click Heres candidates must bookmark this page. Currently, the University has published the Click Heres for LL.B part 1& 2 I Sem, M.A, B.P.Ed 1& 3rd Sem, M.Sc I Sem, M.A I & III Sem, B.Ed III Sem, M.A & M.Sc I Sem and others by every day. It announced by annual and Semester wise for all Courses. Students those who have appeared for these Examinations can check this from this page recruitment.guru. Because here we used to update the latest Examination Click Heres. Apart from this Students may get detailed information regarding the Admit Card, Syllabus, Time Table and others.
Latest Durg University Exam Click Here 2019
Name of the Exam
Announcement Date
Download Link
Bachelor of Computer Application (BCA) (UG) First Year (1st Year) REVAL
The Government of Chhattisgarh, exercising its powers and bringing Chhattisgarh ACT, The Chhattisgarh Vishwavidyalaya (Sanshodhan) Adhiniyam, 2015, dated 24th of April, 2015, an Act further amending the Chhattisgarh Vishwavidyalaya Adhiniyam, 1973, has established Hemchand Yadav Vishwavidyalaya, Durg. The Hemchand Yadav Vishwavidyalaya has come into existence after the division/bifurcation of existing Pt. Ravishankar Shukla Vishwavidyalaya, Raipur (C.G.) and the jurisdiction of the Vishwavidyalaya comprises 116 affiliated colleges situated in the districts of Durg, Bemetara, Balod, Rajnandgaon, and Kabirdham.
Durg University Supply/Revaluation Click Heres
Students are waiting for the Click Heres if they scored well they will lead to next year. But if they will not get more marks they can apply for the revaluation Click Heres. Once they applied for the Examination, the higher level Examiner will check the paper again. They can get the revaluation Click Heres within the time. Also if still get fail marks, they can apply for the supplementary examination. For each and every semester Students can apply for the revaluation after the announcement of the main examination Click Heres. Durg University will take a week or more to process the exam papers to announce the Revaluation Click Heres. Do stay updated with the University to know about the Revaluation Exam Click Heres.
GPSC Result 2019 Declared | Check GPSC State Tax Inspector Result 2019 Released @ gpsc.gujarat.gov.in – The Gujarat Public Service Commission (GPSC) declared the GPSC State Tax Inspector Class 3 Result 2019 on 30th August 2019. Candidates who had attended for the GPSC State Tax Inspector Preliminary Examination on 9th June 2019, can find out the GPSC Result 2019 from this page. At the bottom of this page, we have given a direct link to download the GPSC State Tax Inspector Prelims Exam Result 2019.
GPSC Police Inspector Prelims Result 2019 – Gujarat Public Service Commission (GPSC) has announced GPSC Police Inspector Prelims Result 2019. All candidates appeared in the GPSC Police Inspector Exam 2019 can download their result through the official website of GPSC.i.e.gpsc.gujarat.gov.in. The Gujarat Public Service Commission (GPSC) has conducted the exam for various posts in totally 1162. Currently, the Police Inspector Prelims Result has been released. Get a direct link from the below table.
GPSC Police Inspector Prelims Result 2019
Organization Name
Gujarat Public Service Commission (GPSC)
Post Name
Assistant Engineer, Assistant Professor, Specialist Service, Agriculture Officer, Police Inspector, and Other Posts
AE – 23rd June 2019, PI- 30th June 2019, Agriculture Officer – 23rd June 2019 Other Posts – October 2019 (Tentative)
Police Inspector Prelims Result Date
27th September 2019
Official Website
gpsc.gujarat.gov.in
GPSC Police Inspector Prelims Result 2019 – Click Here GPSC AE Result 2019 – Click Here GPSC Agriculture Officer Result 2019 – Click Here GPSC Result 2019 (All Posts) – Click Here
GPSC State Tax Inspector Result 2019 – Applicants who are interested in this Post can download the GPSC State Tax Inspector Details here. GPSC State Tax Inspector Exam date 2019 has declared on the official website and mentioned in the below table. Here we have provided a quick link to download your GPSC Exam Result 2019. The State Tax Inspector (Class 3) Exam conducted on 9th June 2019.
Through this article, we had furnished all valuable information about the GPSC State Tax Inspector Results 2019 with related links. Candidates who are looking for the GPSC State Tax Inspector Result 2019 can stop your search and take a look at this article once.
In this section, we had shared information about the GPSC State Tax Inspector Cut off Marks 2019. The GPSC State Tax Inspector Cut off is the minimum marks which candidates need to secure in the examination. Candidates who will secure the same or above the Cut off marks in the examination, they should consider as qualified. The Cut Off Score should differ based on the category and few factors. The GPSC State Tax Inspector Cut Off Marks 2019 will be released by the GPSC officials at the official site.
GPSC State Tax Inspector Merit List 2019 @ gpsc.gujarat.gov.in
The higher officials will be announcing the GPSC State Tax Inspector Merit List 2019 based on the Cut off Marks. We wish more candidates’ names will be available on the Merit List. Because if their name will appear on the Merit list they will get some priority at the time of the Interview. Aspirants who have attended the GPSC State Tax Inspector Examination 2019 can get the Merit List from the official website. And Aspirants who have shortlisted in the merit list of Mains examination can prepare for the further selection process.
How to check GPSC State Tax Inspector Result 2019?
Initially, candidates log in to the official site @ gpsc.gujarat.gov.in
On the home page, left side Result Option is available.
Now click on that option.
A page will open about all exams result related.
Now select the GPSC State Tax Inspector Result 2019 link and click on it.
Enter Hall Ticket Number, Date of Birth details and submit them.
As per the given information result will display on the screen.
Check the GPSC State Tax Inspector Exam Result 2019 and download it
ESIC Result 2019: Are you guys eagerly waiting to check your ESIC Result 2019?? then here is the great news for such applicants the officials of Employee State Insurance Corporation has released its ESIC Exam Result 2019 for the post of Staff Nurse & Various Paramedical Posts on 13th August 2019. The result consists of the name of shortlisted contenders and only such applicants can take up further rounds. However, we have provided direct links to help aspirants easily check their ESIC Merit List 2019. Click on the link given below to check your results, as well as Applicants, can check the result from the official website i.e, www.esic.nic.in.
ESIC Specialist Result 2019: Employees' State Insurance Corporation (ESIC) has declared the ESIC Specialist Result 2019 on its official website on 30th September 2019. With this, now wait is over and all such candidates who have appeared in the ESIC Specialist exam 2019 can check their result on the official website of ESIC -esic.nic.in.
ESIC Delhi Medical Officer Final Result @ www.esic.nic.in – Employees State Insurance Corporation of India has recently uploaded Final Result for the Post of Insurance Medical Officer Recruitment 2018 on 10th September 2019. Applicants those who have appeared for the following vacancies can check and download your result from the below link. Here on this page, we have provided a direct link to check and download your ESIC Result 2019 easily. In the Official website of ESIC www.esic.nic.in applicants can get the ESIC Results.
ESIC Delhi Medical Officer Final Result 2019 – Click Here
ESIC Staff Nurse Various Paramedical Post Result 2019 – The ESI Corporation Staff Nurse Result 2019 for the candidates who are appeared in the Written Test is now announced. As per the Recruitment of 1009 post Paramedical, Nursing Cadre, Lab Assistant, Lab Technician, Pharmacist, OT Assistant, Dietitian & Other Posts has been conducted Written Test. Now the appeared candidates seeking most awaited ESIC Paramedical Staff Result 2019. Here on this page, we have provided a direct link to check and download your ESIC Result 2019 easily. In the Official website of ESIC www.esic.nic.in applicants can get the ESIC Results.
ESIC Staff Nurse Various Paramedical Post Result 2019
ESIC Staff Nurse Various Paramedical Post Result 2019 – Click Here
The candidates who qualified Written exam will appear for Computer Skill Test. After completing all recruitment stage the ESI Corporation Nursing Cadre Merit list PDF declares. The candidate’s final selection will be based on the marks obtained in written examination and Skill test for respective post wise. So check here now ESIC Result Staff Nurse latest update and news. Candidates who have the name of their in ESIC Paramedical & Staff Nurse Result Merit list Selection PDF will be called for final appointment as per available vacancy in the respective region.
The ESI Corporation Nursing Cadre & Paramedical Cut off marks is declared to shortlisting candidates for next round. A Cutoff marks are minimum qualifying marks for the examination must be obtained by candidates. Candidates who have obtained marks equal or more than ESIC Staff Nurse Cut off marks 2019 will be qualifying for skill test. As per the selection process, it is mandatory for applicants to get marks as per their respective cadre and category wise minimum passing marks.
ESIC Staff Nurse Paramedical Merit List 2019 | www.esic.nic.in
The ESI Corporation is declared first the list of shortlisted candidates of Written exams. Now at the particular post, some of the candidates are required to appear for Computer skill test. After all, they declared ESIC Results of Pharmacist, Technician, Assistant and Nursing Cadre shortlisted candidates. The candidates who have qualified Written Test appeared for Document Verification and Skill Test. On the basis of Written Examination marks and Skill Test Result qualify the ESIC Staff Nurse Final Merit List PDF is prepared.
Steps to check ESIC Staff Nurse Results 2019
Visit the official website of Employees State Insurance Corporation of India i.e, www.esic.nic.in
In the Home page, click on the Recruitments tab
A new page will be open, in that ESIC Results 2019 will be available
Applicants can get all-region ESIC Result 2019 from that page
Should click on the link, it will open with a pdf file
Download or take a print out of the result for further reference.
IICT Hyderabad Technician Previous Papers Pdf download available for free of cost. Applicants who have applied for IICT Exam 2019 and are searching for previous year papers can get it on this page. Indian Institute of Chemical Technology (IICT) Board syllabus & exam pattern details link is also given on this page. For much more details read further sections of the article.
IICT Hyderabad Technician Previous Papers Pdf
Indian Institute of Chemical Technology (IICT) Board released recruitment notification for Technician Posts. Candidates who are in search of IICT Last year question papers along with answers pdf can get it on this page. Along with this you can also get IICT Technician syllabus & Exam Pattern details link over here.
Indian Institute of Chemical Technology model papers includes subjects like General Awareness, numerical ability, english, concerned subjects etc. Download IICT Hyderabad Technician solved previous year question papers subject wise by clicking on download link in the last section of the article.
IICT Exam Papers – Indian Institue of Chemical Technology Exam Details
Jammu University Results 2019 – Hello Students!! This is the right time to check your results, those who have appeared for the Jammu University Examination. Students those who are studying under the Jammu University can check their result from the official website of the University i.e, jammuuniversity.in. Currently, Jammu University has announced the results for B.A, B.Sc, B.Com, BBA, BCA, B.A Eng B.Com 3rd Sem CBCS Exam, B.Ed 1st Sem & others. Students can check or download the University Exam Result with the help of below Details. Here we have provided a direct link to verify the Exam Results. Students can click the direct link to know their individual Exam Results.
Jammu University Results
Here on this page, we have updated the latest Jammu University Exam Results. Students can verify and download the results from the official website of the University as well as on this page they can check their results with the help of the link provided in the below table. Anyone can check the results for Regular/Supplementary Students of Under Graduate and Post Graduate Students. University Provides Various Under Graduate (UG), Post Graduate (PG), Diploma, Certificate, Language and many other types of Courses, for all those Students can check their results on this page. Also, we will be providing the link for Upcoming Jammu University results, it will be work once the University will be announcing it officially. We advise the Students to keep in touch with our page recruitment.guru to get the latest updated information related to the Jammu University Exam Results.
Latest Jammu University Exam Results 2019
Name of the Exam
Release Date
Download Link
B.SC. NURSING 2ND YEAR SUBSEQUENT EXAM – HELD IN JULY 2019
The University of Jammu also known as Jammu University was established in 1969 by the Government of Jammu & Kashmir. It was established by the act of state legislature which split the Jammu and Kashmir University into the separate University of Jammu & University of Kashmir. The Jammu University is the first university which received the ISO-9001 Certification. At the initial stage of this university has 7 campuses even now it is the same. The university provides all kinds of Graduate, Post Graduate & Doctoral courses to its students. The main campus of Jammu University is located at Baba Saheb Ambedkar Road in Jammu. The university has affiliated with 157 colleges which offer all kinds of Graduate & Post Graduate Courses.
Jammu University Supply/Revaluation Results
Students have appeared for the Jammu University Examination can check their results, if they got low grades, still Students can apply for the Revaluation. The higher level Examiner will check the results and announce the Revaluation results. Still, if any students will get low marks again they can write the exam. For that, they should apply for the Supplementary Examination. For each and every semester Students can apply for the revaluation after the announcement of the main examination results. Students can keep in touch with the University website to know more information about the Revaluation Results.
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The government is looking into setting a minimum threshold of allottees for homebuyers to be able to initiate insolvency proceedings against real estate developers according to a senior government official. Under the Insolvency and Bankruptcy Code (IBC), homebuyers are classified as financial creditors, which means that even a single homebuyer may be able to initiate insolvency proceedings against a real estate developer. Corporate affair secretary Injeti Srinivas said on Tuesday that the ministry of corporate affairs had receive representations that there were a number of cases in the western and northern region " of some otherwise fairly well functioning real estate companies have been pulled to insolvency proceedings by single homebuyers who want to claims refund."If when there are 10,000 homebuyers ... a single person is able to dislocate a project when there is otherwise no issue then you may have to look at some threshold said Srinivas, speaking on the sidelines of an event commemorating the three-year anniversary of the Insolvency and Bankruptcy Board of India.Srinivas said that the insolvency law committee would look into the issue adding that the companies act already provided for a 5% threshold for the inititation of a class action lawsuit and a threshold of 20% of shareholding for the initiation of a case of mismanagement or oppression of minority shareholders and that these thresholds may be used as a guide "We may look at a threshold to build in those checks and balances by way of regulations or if necessary by way of amendment" said Srinivas.Experts have welcomed this potential move stating that the current position of homebuyers gives speculative investors inordinate leverage of real estate companies"One or two homebuyers should not be able to drag a full project comprising of hundreds of homebuyers into insolvency." said Manmeet Singh, partner at law firm L&L partners adding that there were cases in where construction was ongoing but single homebuyers had taken real estate companies to insolvency proceedings for delays of a few months.Singh said that given the downturn in the real estate market some homebuyers had initiated proceedings in the hope of extracting refunds."While the developer must be penalised for the delay but the solution is not IBC" said Singh.
A year after the crisis in the lending major IL&FS came to light and a new board with Uday Kotak as its Chairman was installed, the lending major on Tuesday said that the resolution plans for all its 302 entities are ready and so far debt of Rs 36,400 crore have been addressed.In a presentation, IL&FS said that three entities with a total debt of Rs 5,100 crore have been successfully restructured. The group and its entities have a total external debt of Rs 94,216 crore.It said that discussions on restructuring IL&FS Energy and Tamil Nadu Power Company (ITPCL) with a debt of Rs 8,000 crore are at an advanced stage while discussions for three other entities with a total debt of Rs 2,400 crore are in progress.Speaking to the media here on the completion of one year of the new board, the Non-Executive Chairman of IL&FS said that the board is confident on restructuring or resolving 50 per cent of the total debt. "We should be able to recover, restructure and/or resolve... which includes green companies as well... We believe that we should be above the 50 per cent mark... We are quite confident that we should cross 50 per cent based on our best estimates and judgements," he said.Public process has been launched for 65 entities including 54 domestic and 11 international entities and the public process for 11 others will be launched soon."Claims management process for 70 entities covering 86 per cent of external debt is in progress (in-line with insolvency and bankruptcy process)," the IL&FS presentation said.The sale of real estate assets with estimated value of Rs 3,000-3,500 crore is in progress.Regarding the challenges in the asset monetisation process, the presentation said that large number of simultaneous processes, lack of centralized database, delay in audited accounts are among the major challenges. It also described external economic environment as a challenge.It also mentioned the 'coercive' creditor actions such as auto debit, non-creation of FDs in contravention of court orders and said that a formal approval for resolution framework is awaited.It said that the new board has navigated through complexity and developed resolution plan for all 302 entities and the going concern status has been maintained to preserve value for all stakeholders. The board has formulated a unique resolution framework to balance interests of stakeholders, it added.IL&FS further said that the board is continuously evaluating options and actively considering alternatives such as InvIT for value maximisation.The IL&FS board is targeting to achieve resolution for significant quantum of addressable debt by March 2020, the presentation said.On Tuesday, the government extended Kotak's term on the board of the crisis-hit IL&FS by one year, till October 2, 2020.
Leaked audio of Facebook Inc Chief Executive Mark Zuckerberg addressing questions from staff in two internal July meetings was published on Tuesday by The Verge.In the audio, Zuckerberg talks to employees about issues ranging from the possibility of US lawmakers attempting to break up the company to its plans to compete with video-sharing app TikTok.He also urged employees to tell friends who do not like the social media platform that Facebook cares about the problems and is working to solve them.Here are six things that Mark Zuckerberg told employees, according to the transcript:FACEBOOK CAN DEFEAT A GOVERNMENT BREAK-UP ATTEMPTThe Facebook CEO said he expected the company would face, and defeat, legal challenges if Democratic US Senator Elizabeth Warren were elected president. Warren has vowed to break up giant tech companies like Facebook, Amazon.com Inc and Alphabet Inc's Google.He also said breaking up big tech companies would make election interference "more likely because now the companies can't coordinate and work together" and drew laughter by saying Facebook's investment on safety was bigger than Twitter's entire revenue.WITHOUT ABSOLUTE CONTROL, 'I WOULD HAVE BEEN FIRED'Asked how he balanced his financial responsibility to shareholders with his moral responsibility to society, Zuckerberg reminded employees of moments when he believes his concentrated control helped Facebook ride out difficulties such as Yahoo's 2006 bid for the company."One of the things that I've been lucky about in building this company is, you know, I kind of have voting control of the company, and that's something I focused on early on," he said."And it was important because, without that, there were several points where I would've been fired. For sure, for sure…"FACEBOOK HAS A 'PLAN OF ATTACK' AGAINST TIKTOKZuckerberg was also questioned about Facebook's 'plan of attack' against TikTok, the rapidly growing video app owned by Chinese tech giant ByteDance, which has gained huge popularity among teenagers.He said that Facebook was focusing its new standalone video-sharing app Lasso, but would test it first in markets where TikTok is less prominent, such as Mexico."We're trying to first see if we can get it to work in countries where TikTok is not already big before we go and compete with TikTok in countries where they are big," he said.WHY FACEBOOK ANNOUNCED DIGITAL CURRENCY PLANS EARLYZuckerberg touched on the company's ambitious plans to establish a cryptocurrency called Libra. Announced in June, the project quickly ran into trouble with skeptical regulators around the world.Zuckerberg said these responses had been part of Facebook trying "a more consultative approach" on big projects."So not just show up and say, 'Alright, here we're launching this. Here's a product, your app got updated, now you can start buying Libras and sending them around,'" he said.FACEBOOK DOES NOT WANT TO GET INTO BRAIN SURGERYFacebook announced last month that it had bought New York-based CTRL-labs, a start-up that is exploring ways for people to communicate with computers using brain signals.In the transcripts from the earlier July meetings, Zuckerberg said he thought that as part of Facebook's work on artificial reality and virtual reality, there would be a small amount of "direct brain" interface and that progress in this area was exciting.But he stressed that Facebook was focused on non-invasive approaches that do not require surgery or implants."You think Libra is hard to launch," Zuckerberg joked, imagining the headline "'Facebook wants to perform brain surgery.' I don't want to see the congressional hearings on that one."CONTENT MODERATOR REPORTS: "A LITTLE OVERDRAMATIC"Outside contractors who monitor Facebook for objectionable content have complained that their work was underpaid, stressful and sometimes traumatic. An employee asked Zuckerberg about Facebook's plan to protect these types of contractors.Zuckerberg said it was an "important issue that we're focused on" but he also said some of the reports were "a little overdramatic.""Within a population of 30,000 people, there's going to be a distribution of experiences that people have," he said.Chief Technology Officer Mike Schroepfer also stepped in to say that the company was working on technology to minimize harms for human moderators, for example, by automatically catching duplicate content.
About a year before the First World War ensnared the 'Developed World' into the biggest man-made crisis in history, John Maynard Keynes had flagged the innumerable minefields dotting India's financial landscape. "In a country so dangerous for banking as India," Keynes believed the practice of lending and borrowing must be "conducted on the safest possible principles."Of course, Keynes had not surveyed India's numerous cooperative lenders that even today largely escape active supervision of the central bank, an institution that itself owes its existence to the celebrated economist's prophetic warnings. It is not hard to imagine, therefore, what his observations would have been if his studies had also included these entities not yet considered 'systemically important' by conventional definitions.But that's where definitions could be misleading — and conceal the minefields that are not signposted often enough for the grave dangers they present to India's financial system. A simple search on the Reserve Bank of India (RBI) website on urban co-operative banks (UCBs) currently shows that 24 such local area lenders from all four corners of the country have either been placed under fresh central bank directions or have received an extension, requiring them to freeze lending and cap withdrawal of deposits.These include Bidar Mahila Cooperative Bank from Karnataka, Sri Anand Co-operative Bank from Pune, Kolikata Mahila Co-operative Bank from Kolkata and Hindu Cooperative Bank from Punjab.These banks have been placed under directions at different times during the year, with a similar Rs 1,000 per account withdrawal limit for depositors. These curbs didn't draw media attention. However, the sudden near-collapse of Punjab Mumbai Co-operative Bank (PMC) last week has once again put the spotlight on UCBs — and risks and problems associated with them.Together, UCBs accounted for 4% of deposits and 3% of outstanding loans in the banking system in 2018, although they have a major role in bringing the benefits of formal banking to the unbanked and under-banked.TALES OF THE PRODIGAL BANKSTo be sure, PMC is the largest cooperative bank to be put under RBI watch since the 2001 Madhavpura Bank crisis that was linked to a stock market scam. Both tell similar tales of profligacy and risk exposure. At Madhavpura, the exposure was to a stock broker. At PMC, about two-thirds of loans are to allegedly a single — and now bankrupt — client in the property business. The central bank defines both as 'sensitive' sectors.PMC's results in FY19 show no issues with the bank, with net NPAs of 2.19% and capital adequacy ratio (CAR) of 12.62% — above the RBI's 9% threshold. It was among the top five co-operative lenders in India, with a loan book of Rs 8,383 crore. However, this exposure excludes the bank's Rs 6,500-crore hidden loans to HDIL as of March 2019, which is facing insolvency proceedings in the NCLT. In other words, PMC's official exposure to HDIL constituted more than 75% of the bank's total loans. The bank mangement replaced 44 loan accounts with 21,049 dummy accounts, the police FIR says."Cooperative banks are a way of distribution and a tool for reaching out to customers in rural and semirural areas. Do they need much better systems and corporate governance? I think so," says Aditya Puri, CEO at HDFC Bank. "We deal with a lot of co-operative banks and when we see any stress in their operations, we immediately ask them to rectify it." 71402146 Retired RBI official JM Bhoria was appointed administrator of the bank. On Monday, the Economic Offences Wing (EOW) of the Mumbai Police registered a First Information Report (FIR) against the erstwhile chairman Waryam Singh, managing director Joy Thomas, another bank official, HDIL promoters Sarang and Rakesh Wadhawan and seven other realty companies for cheating, criminal breach of trust by banker, forgery, using as genuine a forged document and criminal conspiracy.Bhoria said that ultimately cooperative banks have been done in by poor management, which is not under RBI supervision."If you see other banks also, which are in a similar position that PMC finds itself in, there is always a link to dealings with gold, land or property. RBI is in charge of financial supervision of these banks, but management of these banks is overseen by state and central governments," Bhoria said. "Employees at these banks are not well equipped and make wrong decisions. Committees and boards at these banks, which are cooperative institutions, have to be elected and since they are elected, they have to keep their voters happy. All these factors are inherent problems in co-operative banks."BLINDSIDED FOR A DECADEThe PMC issue came to light when a whistle blower from the bank wrote to the RBI on September 17 warning about the bank's hidden exposure to the HDIL group. Subsequently, nowsuspended MD Joy Thomas and a few officials at the bank met RBI executive director Rabi Mishra to ask for some time to get their books in order. A central bank inspection of the books on September 20 led to Mint Road directions.At a press conference on Friday, Thomas sought to absolve the bank's board of any wrong doing and instead laid the blame on the RBI."We have assets of more than two and a half times the exposure to HDIL Group. So, we have enough collateral. If we had come out with these details earlier, it would have led to a run on the bank like the one we are seeing now. We wanted to prevent exactly the kind of situation we find ourselves in now in which depositors are suffering and borrowers can sit tight," Thomas said. He failed to explain how the bank had hidden the exposure for the period it has been giving loans to this group.Data from the RBI annual report show that the aggregate position of co-operative banks has deteriorated over the past one year. As of March 2019, there were 1,542 UCBs, down from 1,550 a year earlier. Last year, 39 of these banks had negative net worth, which had increased to 46 in 2019. As of March 2019, 26 banks were under RBI directions, up from 20 last year.DEVIL IN THE DETAILThe RBI's Financial Stability Report, released in June 2019, said that at the system level, CAR of UCBs remained unchanged at 13.6% between September 2018 and March 2019. However, CAR of four lenders was below the minimum required 9%."The impact of credit risk shocks ….was observed under four different scenarios. The results show that even under a severe shock of an increase in GNPAs by 2 standard deviation, the system-level CARs of UCBs remained above the minimum regulatory requirement. At the individual level, however, a number of UCBs (21 out of 54) may not be able to maintain the minimum CAR," RBI said.In a June 2018 guideline, RBI stipulated that UCBs have a professional board of management to oversee daily business operations. The central bank specified that this board should have well qualified members who do not have any business relation with the bank. For UCBs with a deposit base of over Rs 100 crore, such a board should come within a year. One is not sure whether such a board exists at PMC.UCBs face growth constraints because of high cost of capital. Unlike a commercial bank, UCBs have to raise capital from members on a par and cannot charge a premium. Besides, dividend is almost compulsory, making it like a quasi debt instrument. To address this constraint, the RBI allowed UCBs voluntary conversion into small finance banks in September 2018. No UCBs have yet taken that offer.DOTTED-LINE SUPERVISIONAlthough RBI regulates co-operative banks from the financial aspects, the management supervision is done by state and central governments. In other words, RBI can prescribe the best practices to run a bank but cannot make any changes in the bank management unless in an emergency situation.UCBs are primarily registered as cooperative societies under the provisions of either the State Cooperative Societies Act of the state concerned or the Multi State Cooperative Societies Act, 2002.RBI prescribes prudential norms for capital adequacy, income recognition, asset classification and provisioning, loans and advances, investments and liquidity requirements. Further, guidelines have also been given to UCBs in respect of single/group exposure norms and sectoral exposures."The issues in co-operative banks span governance, technology, capital and skill sets. This is a 200-year-old sector in India and is, in a way, the genesis for banking in India, so there are legacy issues. Unfortunately, the RBI is not in full control; so it is up to these banks whether they want to change their processes and systems or become extinct," said a senior RBI official.There is also the question of cross holding of deposits within these banks, with ultimately the small saver holding the can. PMC, for example, had accounts of other cooperative banks, 1,754 co-operative credit societies, including ironically, the RBI employees' credit society, and 15,000 other cooperative societies' accounts that also include co-operative housing societies, said the suspended MD Thomas."In Maharashtra, co-operative banks typically hold deposits for other credit societies and also housing societies, as local laws mandate that these societies compulsorily keep their deposits with such banks. Again this is a legislative mandate and the RBI can do nothing to change it," said the RBI official cited above.However, co-operative bank officials said that the government and RBI's attitudes toward these banks has been step-motherly. A little more care and concern for these institutions could help in making these local lenders stronger and further the federal objective of financial inclusion.They point to public sector banks that, despite record levels of NPAs, are nurtured and sustained by North Block. Then there were private sector banks, such as Ganesh Bank of Kurundwad and United Western Bank (UWB), in which deposit money was saved by merging them with stronger peers. By contrast, PMC depositors may have to wait for years before being able to withdraw all their money. 71402147 END OF THE JOURNEY?So, where does that leave UCBs? Does the RBI's action warrant a relook at these banks? And do we need these lenders in the present day and age at all?RBI officials said that the action by the central bank has to be seen as an attempt to save depositors from more damage. "Co-operative banks do a very important function in the financial system, especially for small savers. These local banks are an important element for financial inclusion. It will be wrong to assume that incidents like this would lead to the extinction of these banks. Yes, the challenges are grave but there are solutions being worked out — like converting them to smallfinance banks," said the RBI official cited above.Former co-operative bank officials say RBI has a tough job of ensuring these banks reform, without causing pain to small depositors."The RBI understands the catastrophic impact of such incidents. Currently, what is important is to restore the confidence of the depositors in the banking and financial system. The RBI has been a diligent and dispassionate regulator. It looks at things very objectively. In its mind, a bank's goodwill is not important but the systemic risk is more important," said Vikrant Ponkshe, a consultant to fintech companies and banks. Ponkshe is a former head of a large co-operative bank.However, some depositors still trust these banks mainly because of the relationship they have had with the lenders over many years. Like Jagdish Singh, a real estate broker from Andheri who had about Rs 30 lakh of his and his extended family's life savings in the bank. Singh does not know whether he will ever get to withdraw all his deposits but says he still trusts the bank officials."I have been banking with PMC for more than 20 years. Their service was excellent and we never found any problem. This has been a shock for us. Not only our family, but also our housing society has Rs 75 lakh with the bank. Now whatever happens with everyone will happen with us. I don't understand the politics behind this all, but if everything becomes normal, we will not hesitate to keep money with the bank again," Singh said.Perhaps, it is depositors like Singh who need education on the risks associated with co-operative banks.
NEW DELHI: Passenger vehicle sales continued to slide in strong double-digits last month as uncertainty over GST rate cut on automobiles, weak market sentiment and the shradh period prompted customers to defer their buying plans.Shradh is a two-week period in the Hindu calendar when people usually put off any big-ticket purchases such as houses or automobiles.According to industry estimates, passenger vehicle sales fell by around 24% to 223,000 units in September. However, good monsoon and increased liquidity in the market helped the industry fare better in wholesale volumes sequentially, which rose by around 13% over August 2019.Industry numbers were, however, spoilt by market leader Maruti Suzuki which posted a drop in domestic sales by 27.1% to 110,454 units in September. Over August, the company's volumes rose by 18.5% to cross the one-lakh mark last month.Maruti Suzuki MD Kenichi Ayukawa said while a meaningful recovery will take time, things are looking up. "Compared to last year, the market is totally different now. It is very difficult, but we have to gradually come up to high level. Compared to the previous month (August), September was better, and we are expecting October will be even better than September."Hyundai Motor sold 40,705 units in the domestic market last month, which is a decline of 14.8% over the year-ago period.Hero MotoCorp's sales fell 20.4% to 612,204 units in September. Honda Motorcycle & Scooter India reported a drop of 12.6% to see 485,659 units in the month under review."While the market remained tough in September, auto sales registered an uptick from this August which is a positive sign," concurred Rajesh Goel, senior V-P, Honda Cars India, adding, "We hope consumer sentiment improves further during the ongoing festive season and helps the sales momentum. There are attractive offers available in the market making this the best time for customers to buy new cars."N Raja, deputy MD, TKM, said the recent corporate tax cut, minimum alternate tax and improved liquidity in the market have been a welcome structural change, which should boost the industry and also improve consumer sentiments."With Navratra beginning from September 29-30, customer orders have been slightly encouraging. We hope the pace continues and the sluggishness in sales disappears in the festive season. The industry expects improvement in customer demand in October," said Raja.In September, Honda Cars India's sales dropped 37% to 9,301 units. Homegrown auto majors M&M and Tata Motors saw wholesale volumes decline 33% (to 14,333 units) and 56% (to 8,097 units), respectively. At Toyota Kirloskar Motor, sales fell 18% to 10,203 units.\71402163 Tata Motors said the company continued to focus on retail sales to trim its inventory. Mayank Pareek, president, PV business unit, Tata Motors, said, "Towards the end of the month, there was an encouraging response in terms of customer footfalls. Customers have responded well to our festive offers which is reflected in 11% more retail sales in September 2019 compared with August…Our focus continued to be on retail in line with our strategy of New Paradigm. In September 2019, our retail sales was 31% more than offtake, as a result dealer stock came down by around 10%."
About a year before the First World War ensnared the 'Developed World' into the biggest man-made crisis in history, John Maynard Keynes had flagged the innumerable minefields dotting India's financial landscape. "In a country so dangerous for banking as India," Keynes believed the practice of lending and borrowing must be "conducted on the safest possible principles."Of course, Keynes had not surveyed India's numerous cooperative lenders that even today largely escape active supervision of the central bank, an institution that itself owes its existence to the celebrated economist's prophetic warnings. It is not hard to imagine, therefore, what his observations would have been if his studies had also included these entities not yet considered 'systemically important' by conventional definitions.But that's where definitions could be misleading — and conceal the minefields that are not signposted often enough for the grave dangers they present to India's financial system. A simple search on the Reserve Bank of India (RBI) website on urban co-operative banks (UCBs) currently shows that 24 such local area lenders from all four corners of the country have either been placed under fresh central bank directions or have received an extension, requiring them to freeze lending and cap withdrawal of deposits.These include Bidar Mahila Cooperative Bank from Karnataka, Sri Anand Co-operative Bank from Pune, Kolikata Mahila Co-operative Bank from Kolkata and Hindu Cooperative Bank from Punjab.These banks have been placed under directions at different times during the year, with a similar Rs 1,000 per account withdrawal limit for depositors. These curbs didn't draw media attention. However, the sudden near-collapse of Punjab Mumbai Co-operative Bank (PMC) last week has once again put the spotlight on UCBs — and risks and problems associated with them.Together, UCBs accounted for 4% of deposits and 3% of outstanding loans in the banking system in 2018, although they have a major role in bringing the benefits of formal banking to the unbanked and under-banked.TALES OF THE PRODIGAL BANKSTo be sure, PMC is the largest cooperative bank to be put under RBI watch since the 2001 Madhavpura Bank crisis that was linked to a stock market scam. Both tell similar tales of profligacy and risk exposure. At Madhavpura, the exposure was to a stock broker. At PMC, about two-thirds of loans are to allegedly a single — and now bankrupt — client in the property business. The central bank defines both as 'sensitive' sectors.PMC's results in FY19 show no issues with the bank, with net NPAs of 2.19% and capital adequacy ratio (CAR) of 12.62% — above the RBI's 9% threshold. It was among the top five co-operative lenders in India, with a loan book of Rs 8,383 crore. However, this exposure excludes the bank's Rs 6,500-crore hidden loans to HDIL as of March 2019, which is facing insolvency proceedings in the NCLT. In other words, PMC's official exposure to HDIL constituted more than 75% of the bank's total loans. The bank mangement replaced 44 loan accounts with 21,049 dummy accounts, the police FIR says."Cooperative banks are a way of distribution and a tool for reaching out to customers in rural and semirural areas. Do they need much better systems and corporate governance? I think so," says Aditya Puri, CEO at HDFC Bank. "We deal with a lot of co-operative banks and when we see any stress in their operations, we immediately ask them to rectify it." 71402146 Retired RBI official JM Bhoria was appointed administrator of the bank. On Monday, the Economic Offences Wing (EOW) of the Mumbai Police registered a First Information Report (FIR) against the erstwhile chairman Waryam Singh, managing director Joy Thomas, another bank official, HDIL promoters Sarang and Rakesh Wadhawan and seven other realty companies for cheating, criminal breach of trust by banker, forgery, using as genuine a forged document and criminal conspiracy.Bhoria said that ultimately cooperative banks have been done in by poor management, which is not under RBI supervision."If you see other banks also, which are in a similar position that PMC finds itself in, there is always a link to dealings with gold, land or property. RBI is in charge of financial supervision of these banks, but management of these banks is overseen by state and central governments," Bhoria said. "Employees at these banks are not well equipped and make wrong decisions. Committees and boards at these banks, which are cooperative institutions, have to be elected and since they are elected, they have to keep their voters happy. All these factors are inherent problems in co-operative banks."BLINDSIDED FOR A DECADEThe PMC issue came to light when a whistle blower from the bank wrote to the RBI on September 17 warning about the bank's hidden exposure to the HDIL group. Subsequently, nowsuspended MD Joy Thomas and a few officials at the bank met RBI executive director Rabi Mishra to ask for some time to get their books in order. A central bank inspection of the books on September 20 led to Mint Road directions.At a press conference on Friday, Thomas sought to absolve the bank's board of any wrong doing and instead laid the blame on the RBI."We have assets of more than two and a half times the exposure to HDIL Group. So, we have enough collateral. If we had come out with these details earlier, it would have led to a run on the bank like the one we are seeing now. We wanted to prevent exactly the kind of situation we find ourselves in now in which depositors are suffering and borrowers can sit tight," Thomas said. He failed to explain how the bank had hidden the exposure for the period it has been giving loans to this group.Data from the RBI annual report show that the aggregate position of co-operative banks has deteriorated over the past one year. As of March 2019, there were 1,542 UCBs, down from 1,550 a year earlier. Last year, 39 of these banks had negative net worth, which had increased to 46 in 2019. As of March 2019, 26 banks were under RBI directions, up from 20 last year.DEVIL IN THE DETAILThe RBI's Financial Stability Report, released in June 2019, said that at the system level, CAR of UCBs remained unchanged at 13.6% between September 2018 and March 2019. However, CAR of four lenders was below the minimum required 9%."The impact of credit risk shocks ….was observed under four different scenarios. The results show that even under a severe shock of an increase in GNPAs by 2 standard deviation, the system-level CARs of UCBs remained above the minimum regulatory requirement. At the individual level, however, a number of UCBs (21 out of 54) may not be able to maintain the minimum CAR," RBI said.In a June 2018 guideline, RBI stipulated that UCBs have a professional board of management to oversee daily business operations. The central bank specified that this board should have well qualified members who do not have any business relation with the bank. For UCBs with a deposit base of over Rs 100 crore, such a board should come within a year. One is not sure whether such a board exists at PMC.UCBs face growth constraints because of high cost of capital. Unlike a commercial bank, UCBs have to raise capital from members on a par and cannot charge a premium. Besides, dividend is almost compulsory, making it like a quasi debt instrument. To address this constraint, the RBI allowed UCBs voluntary conversion into small finance banks in September 2018. No UCBs have yet taken that offer.DOTTED-LINE SUPERVISIONAlthough RBI regulates co-operative banks from the financial aspects, the management supervision is done by state and central governments. In other words, RBI can prescribe the best practices to run a bank but cannot make any changes in the bank management unless in an emergency situation.UCBs are primarily registered as cooperative societies under the provisions of either the State Cooperative Societies Act of the state concerned or the Multi State Cooperative Societies Act, 2002.RBI prescribes prudential norms for capital adequacy, income recognition, asset classification and provisioning, loans and advances, investments and liquidity requirements. Further, guidelines have also been given to UCBs in respect of single/group exposure norms and sectoral exposures."The issues in co-operative banks span governance, technology, capital and skill sets. This is a 200-year-old sector in India and is, in a way, the genesis for banking in India, so there are legacy issues. Unfortunately, the RBI is not in full control; so it is up to these banks whether they want to change their processes and systems or become extinct," said a senior RBI official.There is also the question of cross holding of deposits within these banks, with ultimately the small saver holding the can. PMC, for example, had accounts of other cooperative banks, 1,754 co-operative credit societies, including ironically, the RBI employees' credit society, and 15,000 other cooperative societies' accounts that also include co-operative housing societies, said the suspended MD Thomas."In Maharashtra, co-operative banks typically hold deposits for other credit societies and also housing societies, as local laws mandate that these societies compulsorily keep their deposits with such banks. Again this is a legislative mandate and the RBI can do nothing to change it," said the RBI official cited above.However, co-operative bank officials said that the government and RBI's attitudes toward these banks has been step-motherly. A little more care and concern for these institutions could help in making these local lenders stronger and further the federal objective of financial inclusion.They point to public sector banks that, despite record levels of NPAs, are nurtured and sustained by North Block. Then there were private sector banks, such as Ganesh Bank of Kurundwad and United Western Bank (UWB), in which deposit money was saved by merging them with stronger peers. By contrast, PMC depositors may have to wait for years before being able to withdraw all their money. 71402147 END OF THE JOURNEY?So, where does that leave UCBs? Does the RBI's action warrant a relook at these banks? And do we need these lenders in the present day and age at all?RBI officials said that the action by the central bank has to be seen as an attempt to save depositors from more damage. "Co-operative banks do a very important function in the financial system, especially for small savers. These local banks are an important element for financial inclusion. It will be wrong to assume that incidents like this would lead to the extinction of these banks. Yes, the challenges are grave but there are solutions being worked out — like converting them to smallfinance banks," said the RBI official cited above.Former co-operative bank officials say RBI has a tough job of ensuring these banks reform, without causing pain to small depositors."The RBI understands the catastrophic impact of such incidents. Currently, what is important is to restore the confidence of the depositors in the banking and financial system. The RBI has been a diligent and dispassionate regulator. It looks at things very objectively. In its mind, a bank's goodwill is not important but the systemic risk is more important," said Vikrant Ponkshe, a consultant to fintech companies and banks. Ponkshe is a former head of a large co-operative bank.However, some depositors still trust these banks mainly because of the relationship they have had with the lenders over many years. Like Jagdish Singh, a real estate broker from Andheri who had about Rs 30 lakh of his and his extended family's life savings in the bank. Singh does not know whether he will ever get to withdraw all his deposits but says he still trusts the bank officials."I have been banking with PMC for more than 20 years. Their service was excellent and we never found any problem. This has been a shock for us. Not only our family, but also our housing society has Rs 75 lakh with the bank. Now whatever happens with everyone will happen with us. I don't understand the politics behind this all, but if everything becomes normal, we will not hesitate to keep money with the bank again," Singh said.Perhaps, it is depositors like Singh who need education on the risks associated with co-operative banks.
The telecom industry recorded a near 9% sequential jump in adjusted gross revenue (AGR) in the June quarter, which is the sharpest on-quarter growth on this score since Reliance Jio Infocomm's entry over three years ago, signalling that the worst is perhaps over for the financially stressed sector amid some stability in tariffs, data collated by the telecom regulator showed.The telecom sector's AGR rose 8.8% sequentially to Rs 39,124 crore in the quarter ended June, FY20. The degree of growth this time round is well above the 4.75% and 2.4% sequential upticks in AGR recorded in earlier quarters ended September 2017 and June 2018 respectively."The sharp rise is sectoral AGR in the June quarter was primarily driven by Jio's continuing revenue momentum coupled with the beneficial impact of minimum recharge plans and normalisation of interconnect charge receipts, translating in visible revenue upsides particularly for Airtel," said Rajiv Sharma, co-head of research at SBICap Securities, adding that a "stabler pricing environment" had also boosted growth.The Mukesh Ambani-led telco has further consolidated its lead over the country's two older carriers on AGR, even while Airtel regained its No 2 slot on the back of strong revenue growth, relegating Vodafone Idea to third place.Reliance Jio's AGR, or revenue from licensed services, rose 9.77% on quarter to Rs 10,800.44 crore in the April-June period. Sunil Mittal-led Airtel though came in a strong No 2, on the back of a 26.15% sequential jump in AGR to Rs 7,468.63 crore, helped by strong growth in the metro markets and reversal of one—time volatility in IUC payments in the previous quarter.Vodafone Idea was the only Big 3 telco to report a 5.78% sequential fall in June quarter AGR to Rs 6,721.06 crore, having lost ground sharply in most markets.The government's licence fee and spectrum usage charge (SUC) collections though have looked up in the June quarter, driven by the strong industry AGR growth, suggesting that the battle-scarred industry may finally be pulling out of the woods.Licence fee mop-up for the government in the June quarter rose nearly 8.5% sequentially Rs 3,133 crore, while SUC takings climbed 6.33% on-quarter to Rs 1,121 crore, data put out by the Telecom Regulatory Authority of India (Trai) showed.The telecom regulator's report on the sector's June quarter performance also indicated that monthly average revenue per user (ARPU) from wireless services increase 4.06% sequentially to Rs 74.30, helped by the sustained growth on this key performance metric by the older carriers who resorted to the minimum recharge plans to weed out non-revenue generating customers.Trai's latest numbers also show the overall sectoral minutes of consumption has grown in the June quarter. The all-India average minutes of usage (MoU) per subscriber per month from wireless services has risen 1.32% sequentially to 701 in the quarter ended June.
The government is carrying out certain structural reforms which are medium to long term in nature, plus they have taken the privatisation route which is what we have all been talking about for 20 years now. Finally, we are seeing some light at the end of the tunnel, says Sridhar Sivaram, Investment Director, Enam Holdings. Excerpts from an interview with ETNOW. What do you think about the broader market? The broader markets are looking very interesting. These are the times to evaluate a lot of stocks that have had collateral damage, stocks which have corrected massively and do your extra homework because if you do not do that, you could burn more cash. But these are really interesting times. There is a concern that the Indian financial sector is not very robust. Earlier, the concern was NPAs, now it is about the survival of some of the NBFCs and private banks. The DHFL/IL&FS crisis broke the back of the market and the economy. If anything goes wrong with a private bank or a private NBFC, what happens to the market then?I may sound like a broken record but I have been speaking about this for two years now. The problem is emanating from the housing finance companies (HFCs). We call this an NBFC crisis, but all the names are HFCs and in the background, the problem comes from the real estate space. My big concern is that for HFCs in general, the reporting requirements have been very poor. They can restructure an asset and not disclose to minority shareholders or even to the banks. So there have been many people who have been advocating that we should have an AQR. I understand from the governor's interviews that they do not have the bandwidth right now to do an AQR. My second suggestion is that if you do not have the bandwidth, at least make the disclosures more stringent. Let them disclose all the restructured assets and disclose their top 100 exposures to corporates. If you just increase the exposure, the market will do the AQR on its own. So, my concern remains that HFCs and NBFCs are the pocket through which, in the last five years, 85% of incremental real estate lending has happened. The amount is roughly Rs 2 lakh crore. But I am not seeing any NPAs significant enough for a Rs 2 lakh crore lending in any of the HFCs combined put together. But in the case of banks, 25% of their real estate exposure is roughly stressed. For an HFC or NBFC, the number is 1% to 2%. There is a big disconnect here. If there is information arbitrage here, we do not know what is happening in the books and people suspect that some of these stocks are correcting. I am not surprised because we do not know and people are suspecting the worst. The markets seem to have got it right, finally. There is the corporate tax cut, disinvestment coming up, the crude is under control and everything is fine at Saudi Aramco now. What could spoil the party and how long before real consumption comes back?I will take the last question first, which is on consumption. If I look at what the government has done, the easiest thing for them to do would have been a fiscal stimulus for consumption. We would have got immediate results and everybody would have been cheering that they have taken the harder route which is doing a fiscal stimulus, but for investments. In the economic survey, they keep talking about how investment related growth is far more sustainable than consumption related one and I tend to agree on that. The government has taken the harder route but, on a medium to long term this is going to be more sustainable than say if the government had cut GST for a particular sector or something like that. We would have got a one-time blip or one-time pop and then it may have fizzled out. In my view, maybe in another six months the base effect will start kicking in. But I am very happy that the government has taken the hard route and for the long-term investors, this is a very good sign. The government is carrying out certain structural reforms which are medium to long term in nature, plus they have taken the privatisation route which is what we have all been talking about for 20 years now. Finally, we are seeing some light at the end of the tunnel.You mean to say six months before volumes for staples, autos and everything comes back?The base effects will kick in. Keep in mind that last year, roughly at this time, when the IL&FS crisis started and the worst numbers were in the fourth quarter of the last financial year. When you get into the fourth quarter and the first quarter of next year, we are basically having a lower base effect. We think that some of the investment related changes that the government has done will take at least 12 to 18 months to have a clear impact on the economy or in terms of investments. We think that the first round may be FDI related. In the domestic companies, already the capacity utilisation is 65%-70% and so nobody needs to put up capacity but there is an opportunity that some of the global players may look to shift their manufacturing base from China and so that is a huge opportunity, but it will not happen overnight. Till 15 days back, we were not even in the short list of countries. Surely today we are right at the top, provided the other issues for ease of doing business are taken care of. All the attempts from the government which are applauded right now, may not translate into big bang earnings pick-up. I will give you an example here. When banks were recapitalised two and a half-three years ago we all thought that lending activity would start and the pain in the banking sector will come to an end and banks will get capital to lend. But they used all their capital to write off NPAs. The tax cut on paper is great but what are the chances corporates may not spend the retail tax?What was not anticipated was the collateral damage or an IL&FS crisis. After the IL&FS crisis, the funding of many of the NBFC HFCs got crunched. As a result, many of the NPAs are now coming out as there are some benefits of a crisis. I just hope that this crisis is not wasted and the government and RBI use this opportunity to clean up and do some more reforms, especially on HFCs and NBFCs. One of the reasons why the whole thing has not worked out is because I am still optimistic that even though there seems to be too many dark clouds, we do not know what is going to happen on the financial markets in general and whether consumption will recover. I am reasonably optimistic that we will cross this wall of worries and move to new markets which will move higher in the next year. That is all on paper. As an investor what would you do?Same as I said on paper, which is these are really interesting opportunities. Broader markets have corrected 50, 60, 70%. But are you willing to jump in?Already jumping. Yes, you are talking about pockets which are very beaten down and which everyone is averse to enter.I said that two months back also and even now I am saying so. I started in the markets in 1994 and between 1994 and 1999, the markets did nothing. The index was at 4,000 from 1999 to 2003, barring a brief blip between 2000 when there was a tech boom. But broader markets did nothing for about eight-nine years. I am just saying that I started in a bear market and it is very difficult to make me bullish. I do find that these are very good opportunities. A couple of things are going to happen in October if we keep the festive cheer. The earnings will kickstart, the trade war talks in global markets may play havoc; oil is still a borderline case and we do not yet know whether there is enough risk there or not. Divestment is a big thing and despite all the positive rhetoric, let us see how quickly they move on this. The retail investor get very nervous when they see the volatility.There is bound to be massive volatility. So for a retail investor, a SIP or a mutual fund is the best option. For other investors, who understand the market, these are good times. They are all positive from a macro standpoint and if there is going to be rate cut or if there is a trade war between China and the US, India has the opportunity to attract some of the businesses. Earnings will go up at least optically because of tax cuts so even though the top line might not grow. Finally, the bottom line will show up because we will have two quarters of adjustments in just one quarter, given that companies will have to pay lower tax. Optically, your earnings will look better. Having said that, the markets have already adjusted for some of the earnings upgrades that may come through. Most of these are positive but the markets will be looking for further improvements in top line. Consumption revival moves at least two quarters away. Markets are no longer oversold. We have seen 8%, 9% run on Nifty, 10-12% run in smallcap indices for markets to go higher. Where are you betting or laying your bets on an earnings recovery? Yes, let us look at autos. We think it is a cyclical slowdown, especially two- wheelers. As a result, many of the auto ancillaries have also got killed. GST is set to rest now that we are seeing auto companies spending money on advertising, offering cuts. New launches…Yes, new launches. One of my issues with the auto companies was that this is a sector which had made so much money in the last five years yet they were crying the most about slowdown. They were crying the most that we need the maximum 10% GST cut, otherwise we will die and stuff like that. Now that they have realised that all this is not happening, they are looking at what is the next option which is something which they should have done six months ago which is give offers to customers to induce them to buy. If Amazon and Flipkart can get outstanding sales in just two days because of offers, this could have happened even for auto makers. Typically, in a cyclical slowdown, you have to induce the customers and these things turn and once it turns, we have seen in the past five years these companies have made outstanding margins and profits for shareholders. I am sure shareholders understand. So my view is that these are some of the sectors that I would surely look at where if the cycle turns, you will have disproportionate earnings, keeping in mind that inventory level at the wholesale, which is the company level, is decreasing sharply. At the retail level, it is reducing but you have seen wholesale numbers being very poor because the companies are shutting down production. Once the whole cycle turns, there will be very little inventory at the dealer level because that is shrinking as we speak. The company and the entire value chain has also shrunk. When it turns, suddenly you will want to have 30-40 days of inventory and so the whole thing will turn very fast. This is an optimistic assumption. I do not know when it will happen but we do think in two quarters time things will start to look interesting. Is it wiser or more prudent to be market-cap agnostic because there are quality companies which may not have the right valuation or the right market cap, right now?Yes, it depends on how large a portfolio it is. If you are running a billion-dollar portfolio or more then some of the very small companies, how much can you buy? You may want a small percentage in your portfolio and it can give you a disproportionate return but does it make a meaningful return to your portfolio? Maybe no. It may look great just to give a case study that yes, I have bought a stock at Rs 10 and it went to Rs 100. Metals are nearing half time book, the big ones. Old timers say when metal stocks are nearing half time book or 0.7 times to book, it is the best time to buy? What is your view?Yes, it is the best time to buy. But it takes some patience as far as this is concerned. Roughly at around 0.7 to half time book, they start to look very interesting. You can go back to 20 years of cycle. I remember in the previous cycle in 2003, we had done a similar exercise and it had worked very well even then. But things are changing these days and so I am not sure if it will work exactly to the tee. But it is an option one should consider and you need patience for this. When the stocks near half a book or quarter time book, you do not stop to think if it is ferrous or nonferrous, whether it is a local player or a global player, you just buy because they are available below their replacement cost?Yes, the only caveat I will make is you need to just analyse the balance sheet a bit. If it is very overleveraged, then you have other issues cropping up. You have to just look at the balance sheet. You have to do your homework a bit more than what you would normally dom but it is a metric which works reasonably well. In 2003 and 2008, if you bought infra, you made money. If you bought asset owners, you made money in 2009 or 2010. Starting 2018-19, if you bought consumer names, you made a lot of money by buying quality. What could be the trend cycle for 2019?I will buy largecap banks. I am agnostic to valuation at this stage because I think the entire opportunity for them is opening up because the NBFC, HFCs are literally falling off; PSU banks are struggling right now because of mergers and as the economy turns, these guys will have huge opportunities. Many of them have raised capital.I do not think capital is a constraint anymore. This is a space that looks very interesting and if the economy is turning and we get a capex recovery in two years time, they will be very well placed.Are you talking about the corporate banks?Yes, corporate banks but none of them are corporate anymore; all of them have 50% as retail. It is unfair to just call them corporate banks.What is your take on the divestment drive, optimistic, big bang?Yes, before this, we had actually done a detailed study on divestment. We had put all the PSU stocks on a spreadsheet and we said okay if the government were to sell up to 50% on all of them, what is the amount they will recover? This was 15 days back. So the number was Rs 1,35,000 crore. Then we said okay let us add SUUTI to it, let us add Hindustan Zinc to it and so we have everything in it, that number came to about Rs 2,05,000 crore. Keep in mind that the budget is Rs 1 lakh crore for them, which means that in two years time, if you sell all the stocks which is not a possibility at all, they can get over Rs 2 lakh crore. They were literally pushed to the wall and they had to do this because if you are going to do a fiscal stimulus like the way they have done, you need to balance the budget in some ways. Yyou can do a 50 bps, 70 bps of fiscal stimulus but what about next year? This is a step in the right direction, the intention of the government was always there. They did try with Air India. The intention was there but maybe the methods were not exactly right. They have learned from some of the earlier mistakes and this time they have chosen some of the best companies. The top three, four companies of the government which are very well run -- BPCL and CONCOR would have been the top of the list. They are selling one of the best companies. I mean it could add up the fire for the market?Yes, surely. I am very bullish on both the companies. They are actually really well run companies.
BENGALURU: Technology companies Google, Facebook, Twitter, Microsoft, and open encyclopedia Wikimedia, have received the most content takedown requests from India, said UK-based technology research firm Comparitech.India is followed by Russia and Turkey in content removal requests, according to Comparitech, which collated data from the transparency reports of top internet companies till date. The governments of India and Russia each accounted for almost 20% of the overall number of removal requests. The total number of requests sent by various countries to internet firms stood at 3,90,764 so far.The report comes at a time when the Indian government, like many governments globally, is trying to make social media companies accountable for the content shared or posted on their platforms. This is part efforts to restrict the spread of misinformation, hate speech and child abuse material. Many internet and free speech activists, however, see the move as an excuse to control and suppress free speech."Here at Comparitech, we've collated all of this data to find out which governments censor online content the most and which channels are targeted by each government. What did we find? Some governments avidly try to control online data, whether this is on social media, blogs, or both," said Paul Bischoff, an editor at Comparitech.
అశ్వద్ధామ తన సొంత బ్యానర్ పై నాగశౌర్య చేస్తున్న సినిమా ఇది. ఈ మూవీకి సంబంధించి ఆమధ్య వైజాగ్ లో భారీ యాక్షన్ ఎపిసోడ్ ప్లాన్ చేశారు. ఆ షూటింగ్ లోనే శౌర్య గాయపడ్డాడు. కోలుకున్న తర్వాత తిరిగి షూటింగ్ అయితే స్టార్ట్ చేశాడు… కానీ, ఆగిపోయిన వైజాగ్ షెడ్యూల్ ను మాత్రం కొనసాగించలేదు. ఎట్టకేలకు అప్పట్లో ఆగిపోయిన యాక్షన్ ఎపిసోడ్ ను పూర్తిచేశాడు. కట్ లేకుండా 3 నిమిషాల నిడివి ఉండే యాక్షన్ సీన్స్ గా […]
నవరత్నాల అమలు మొదలైన తర్వాతే ప్రభుత్వంపై కామెంట్ చేయాల్సి ఉంటుందన్నారు మాజీ ఎంపీ ఉండవల్లి అరుణ్ కుమార్. రివర్స్ టెండరింగ్లో ఇన్ని కోట్లు మిగులుతాయని తాను కూడా ఊహించలేదన్నారు. మేఘా లాంటి పెద్ద సంస్థలు పోలవరం కట్టేందుకు ముందుకొచ్చాయంటే ఆషామాషీగా తీసుకోలేమన్నారు. చిన్నచిన్న కంపెనీలు అయితే ఏవో ఉద్దేశాలతో తక్కువ ధరకు టెండర్ వేస్తాయని కానీ మేఘా లాంటి పెద్ద కంపెనీ ముందుకు రావడాన్ని తక్కువ అంచనా వేయలేమన్నారు. విద్యుత్ బస్సులకు, పోలవరం కాంట్రాక్టుకు చంద్రబాబు లింక్ […]
విశాఖ వేదికగా రోహిత్ కు బిగ్ టెస్ట్ వన్డే, టీ-20 ఫార్మాట్లలో పరుగుల మోత మోగించిన భారత డాషింగ్ ఓపెనర్ రోహిత్ శర్మ… టెస్ట్ క్రికెట్లోనూ ఇక ఓపెనర్ అవతారం ఎత్తనున్నాడు. పదేపదే అవకాశాలు ఇస్తున్నా…. వరుస వైఫల్యాలతో సెలెక్టర్ల సహనానికి పరీక్ష పెట్టిన యువ ఓపెనర్ కెఎల్ రాహుల్ స్థానంలో రోహిత్ శర్మకు ఓపెనర్ గా అవకాశమిచ్చారు. రాహుల్ పోయే…రోహిత్ వచ్చే… 2018 సీజన్ నుంచి ఆడిన మొత్తం 36 టెస్టు మ్యాచ్ ల్లో…రాహుల్ గత […]
రెండు నెలల్లో ఇసుక సరఫరా వ్యవస్థ మొత్తం వ్యవస్థీకృతంగా గాడిన పడాల్సిందేనని ముఖ్యమంత్రి జగన్ మోహన్ రెడ్డి అధికారులను ఆదేశించారు. స్పందన కార్యక్రమంపై సమీక్ష నిర్వహించిన సీఎం… ఇసుక ఇబ్బందులపై ప్రధానంగా ఆరా తీశారు. వరదల కారణంగా ఇసుక సరఫరాలో ఇబ్బందులు వచ్చాయని కలెక్టర్లు వివరించారు. ప్రస్తుతం వరదలు తగ్గినందున అన్ని ఇసుక రీచ్లను తెరవాలని ముఖ్యమంత్రి ఆదేశించారు. ఇసుక మాఫియాలను ఎట్టిపరిస్థితుల్లోనూ ఉపేక్షించవద్దన్నారు. ఇసుక మాఫియా అన్నది కనిపించకూడదన్నారు. ఇసుక రవాణాలో ఎక్కడా రాజకీయ జోక్యానికి […]
రేపటినుంచే తీన్మార్ టెస్ట్ సిరీస్ ఓపెనర్ రోహిత్ శర్మ కు రియల్ టెస్ట్ ఐసీసీ టెస్ట్ చాంపియన్షిప్ లీగ్ లో భాగంగా…భారత గడ్డపై తొలి సిరీస్ సమరానికి రంగం సిద్ధమయ్యింది. మూడుమ్యాచ్ ల సిరీస్ లో భాగంగా… స్టీల్ సిటీ విశాఖలోని ఆంధ్ర క్రికెట్ సంఘం స్టేడియం వేదికగా బుధవారం ప్రారంభమయ్యే తొలిటెస్ట్ లో భారత్ తో సౌతాఫ్రికా ఢీకొనబోతోంది. హాట్ ఫేవరెట్ భారత్…. టెస్ట్ క్రికెట్లో ప్రపంచ టాప్ ర్యాంకర్ భారత్…మరోసారి హాట్ ఫేవరెట్ గా పోటీకి […]
ఆర్థిక మందగమనంతో నష్టాల్లో ఉన్న బ్యాంకులను గట్టెక్కించడం.. లాభాల్లో ఉన్న వాటిని కలిపేయడం ద్వారా బ్యాంకింగ్ సంస్కరణలకు కేంద్రం నడుం బిగించిన సంగతి తెలిసిందే. ఈ క్రమంలోనే వినియోగదారులకు విస్తృత సేవలు అందించేందుకు కేంద్ర ప్రభుత్వం నడుం బిగించింది. సంస్కరణలతో ఆగిపోకుండా బ్యాంకులు వినియోగదారులకు మెరుగైన సేవలు అందించేందుకు గాను బ్యాంకింగ్ వేళల్లో కూడా మార్పులు చేయాలని కేంద్ర ప్రభుత్వం యోచిస్తోంది. ఇందులో భాగంగానే బ్యాంకుల పనివేళలను మార్చేందుకు ప్రయత్నాలు మొదలు పెట్టింది. రిజర్వు బ్యాంక్ ఆదేశాల […]
డిసెంబర్ 19 నుంచి వేలం హంగామా ప్రపంచంలోనే అత్యంత భాగ్యవంతమైన టీ-20 లీగ్ ఐపీఎల్ సరికొత్త సీజన్ వేలానికి కౌంట్ డౌన్ ప్రారంభమయ్యింది. 2020 ఐపీఎల్ సీజన్ కోసం…కోల్ కతా వేదికగా డిసెంబర్ 19 నుంచి వేలం కార్యక్రమాన్ని నిర్వహించనున్నారు. బెంగళూరుకు బై…కోల్ కతాకు సై… ఐపీఎల్ 12 సీజన్ల చరిత్రలో అత్యధికసార్లు వేలం నిర్వహించిన ఘనత బెంగళూరు నగరానికే దక్కుతుంది. అయితే…తొలిసారిగా వేలం కార్యక్రమాన్ని.. కోల్ కతా ఫ్రాంచైజీ ప్రధాన కేంద్రం కోల్ కతా నగరంలో నిర్వహించనున్నట్లు ఐపీఎల్ […]
సైరా నరసింహ రెడ్డి సినిమా విడుదల అనంతరం, మెగా స్టార్ చిరంజీవి దర్శకుడు కొరటాల శివ తో ఒక సినిమా చేయనున్నాడు. ఈ ప్రాజెక్ట్ కి సంబందించిన అధికారిక ప్రకటన ఇప్పటికే వెలువడిన సంగతి తెలిసిందే. ఈ సినిమా కి సంబందించిన ప్రీ ప్రొడక్షన్ పనులు ప్రస్తుతం జోరుగా సాగుతున్నాయి. ఈ సినిమా లో నటీనటుల, సాంకేతిక నిపుణుల ఎంపిక కూడా జరుగుతుంది. అయితే ఈ సినిమా కి సంబంధించి హీరోయిన్ విషయంలో ఇప్పటి వరకు క్లారిటీ […]
SC/ST Act: VCK hails reversal of court ruling VCK president Thol Thirumavalavan on Tuesday welcomed the Supreme Court's decision to recall an order of a two-judge Bench that diluted the Scheduled
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India's first 'tyaagi' economic reformer People loved Lal Bahadur Shastri who, in a short period, had won everyone's heart and respect with his honesty, sincerity and passionate dedication to serving the downtrodden.
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First citizenship law, then NRC in Bengal, says Union Home Minister Amit Shah Union Home Minister Amit Shah asserts this move will safeguard refugees and drive out infiltrators from India