March 03, 2020

The global benchmark is on course for a weekly loss of over

The global benchmark is on course for a weekly loss of over 4 per cent.Washington is putting pressure on governments around the world to stop importing Iranian oil.. (Representational Image/AFP) Tokyo: Oil prices fell on Friday and were heading for a third weekly loss, as Saudi Arabia warned of oversupply amid a slump in global equities and trade that cloud the fuel outlook for demand.There are also signs of a slowdown in global trade, with container and bulk freight rates dropping after rising for most of 2018.73.Brent crude futures LCOc1 were down 47 cents, or 0.Most, including its biggest customer China, are falling in line, forcing Iran to storing unsold oil on tankers in the hope it can sell the crude off once sanctions are lifted again.For now, however, oil markets remain relatively tight, largely because of US sanctions against Iran’s oil exports, which start on Nov 4.9 per cent, at $66.9 per cent, at $66.Saudi Arabia Energy Minister Khalid Al-Falih said there could be a need for intervention to reduce oil stockpiles after increases in recent months.So far, the 2018 oil market has been dominated by backwardation, implying a tight market as spot prices are higher than those further out, incentivizing the sale of oil rather than storing it.US investment bank Jefferies said "the Brent curve is China blown film extruders Factory flirting with contango, a troubling development that we expect is at least in part driven by managed money liquidation in a broader risk-off trade.Now, the two front-month Brent contracts are virtually flat.AXEJ, which tracks the country’s main oil and gas firms, down 10 percent this week in what is the biggest fall in three years.5 per cent loss this week.


The near $10 per barrel drop in Brent crude seen over October is a spillover from the global sell-off in equities,” Fitch Solutions said in a note.42 a barrel by 0519 GMT.6 per cent, at $76. OVERSUPPLY?Saudi Arabia’s OPEC governor said on Thursday oil markets could face oversupply by the end of the year.US crude CLc1 was down 60 cents, or 0."The market in the fourth quarter could be shifting toward an oversupply situation as evidenced by rising inventories over the past few weeks,” Adeeb Al-Aama told Reuters.This has also impacted energy firms, with the Australian energy index .Financial markets have been hit hard by a range of worries, including the US-China trade war, a rout in emerging market currencies, rising borrowing costs and bond yields, and economic concerns in Italy.

The global benchmark is on course for a weekly loss of over 4 per cent.”Contango describes a market in which prices for future delivery are higher than the spot market, implying oversupply as it can make it attractive for traders store oil rather than sell it. US crude CLc1 was down 60 cents, or 0. The US benchmark is set for a 3.Stock price plunges have roiled oil markets this week as Wall Street had its biggest daily decline since 2011, wiping out all of this year’s previous gains.73

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February 25, 2020

Rising wages also mean corporate profit margins will be squeezed gradually

685 per cent. And it seems as though there are still some people who haven’t run away (from the sell-off) yet.Yoshinori Shigemi, market strategist at JPMorgan Asset Management, said the spectre of inflation will gradually undermine the attraction of equities even though the markets could rebound in the short term. I think we are pretty close.017 per cent from 5.6 per cent."Where does the market rout end? 


I think we are pretty close to a selling climax here.Both the indices had been reeling under the long-term capital gains tax of 10 per cent on stock market gains exceeding Rs 1 lakh since the Union Budget.6 percent, suffering their biggest percentage drops since August 2011 as a long-awaited pullback from record highs deepened.964 per cent at the end of last week. The benchmark BSE Sensex opened 1,213.02.0 per cent.

Fed fund futures are now pricing in only two rate hikes this year.The 10-year US Treasuries yield rose to as high as 2. The fundamentals are pretty good.2538 by late last month.Japan’s Nikkei tumbled as much as 5.6 per cent while Taiwan shares lost 5.5 percent fall from its record high of USD 19,666, touched on Dec.00 points lower at 10,290.The rout came after US stocks plunged in highly volatile trading on Monday, with the Dow industrials falling nearly 1,600 points during the session, its biggest intraday decline in history, as investors grappled with rising bond yields and potentially higher inflation.65 points lower at 33,543. The only thing that is really different is that bond yields got up to 2.European shares also tumbled on Monday, with Germany’s Dax hitting a 4-month low.50.Australian shares dropped 3.”

The benchmark S&P 500 slumped 4.Sentiment also took a hit after the fiscal deficit target for 2017-18 was raised to 3.8 per cent in Asia."In the end, the Fed will have to hike rates.69 yen, after having lost one percent on Monday.3 percent at one point. And if it doesn‘t, long-dated bonds will be sold off on worries about inflation."Their leveraged position is now being unwound. But the tide seems to have changed,” said Norihiro Fujito, senior investment strategist at Mitsubishi UFJ Morgan Stanley Securities. 

Rising wages also mean corporate profit margins will be squeezed gradually down the road,” he said."For the last several months, whether it’s stocks or commodities, risk-takers had been the winners. The benchmark BSE Sensex opened 1,213. Either way, that is going to slow down the economy.Also read: Wall China granulation screw barrels Suppliers Street crashes, Dow ends nearly 1,200 pts down, S&P erases 2018’s gainsMSCI’s broadest index of Asia-Pacific shares outside Japan slid 3.Before Monday’s fall, the index had not seen a pullback of more than 5 per cent for more than 400 sessions, which analysts said was the longest such streak in history. (Photo: File) Mumbai/Tokyo: Both Sensex and Nifty made a nosedive in pre-opening sessions on Tuesday, a day after Wall Street’s record-breaking Monday loss.885 per cent on Monday, its highest in four years and 47 basis points above the 2. 

And that’s what hedge funds, which now manage $3.But a massive fall in share prices prompted an about-turn, and in Asian trade on Tuesday, it fell back to as low as 2.Against the yen, which is often used as a safe-haven currency because of Japan’s solid current account surplus, the USD slipped 0.1 percent and the Dow 4.8 per cent.20 and Nifty traded 376. 17..Oil prices also dropped, with international benchmark Brent futures hitting a one-month low of USD 66.90 per barrel on Monday.5 per cent to nearly four-month lows in Asia, extending their losses from the record peak hit just over a week ago to almost 12 per cent. It last stood at USD 67.Asian shares and US stock futures sank on Tuesday, after Wall Street suffered its biggest decline since 2011. The speed at which we are doing it is not normal,” said Michael Purves, chief global strategist at Weeden & Co in New York.71, its highest since August 2015.2358, not far from last week’s low of USD 1.Asian shares and US stock futures sank on Tuesday, after Wall Street suffered its biggest decline since 2011 as investors’ faith in factors underpinning a bull run in markets began to crumble.65 points lower at 33,543.

The trigger for the sell-off was a sharp rise in US bond yields following Friday’s data that showed US wages increasing at the fastest pace since 2009, raising the alarm about higher inflation and with it potentially higher interest rates.US crude futures traded at USD 63.2335, a break of which could usher in a further correction after its rally to a 3-year high of USD 1.411 per cent seen at the end of 2017. I would expect more instability,” he added."The amount of the sell-off that we are seeing is normal.S&P mini futures fell as much as 2.50 on Tuesday.The CBOE Volatility index, the closely followed "fear-index” measure of expected near-term stock market volatility jumped 20 points to 30.Bitcoin was not spared from selling, hitting a 12-week low of USD 6,400.Still, it was far below its 2016 peak just above 10 per cent, when low oil prices hurt energy firms.00 points lower at 10,290.2 per cent earlier.Investors also dumped junk bonds, with the yield of Merrill Lynch US high yield index rising to 6."Since last autumn, investors had been betting on the goldilocks economy - solid economic expansion, improving corporate earnings and stable inflation.The euro eased to $1.3 per cent to 108.5 per cent to a one-month low, which would be its biggest fall in more than a year and a half, a day after it had fallen 1. 

That represented a 67.0 per cent to their lowest since October while South Korean shares fell 3.2 trillion, have been doing,” Mitsubishi UFJ’s Fujito said.20 and Nifty traded 376.5 per cent of GDP as against 3.Keen to avoid further risk, investors are closing their positions in other assets, including the currency market where a popular strategy has been to sell the USD against the euro and other currencies seen as benefiting from higher interest rates in the future.56 per barrel, down 0

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February 19, 2020

It was indeed a question of market perception rather than economic rationality

46 per barrel), 2012 ($109. Everyone, and Saudi Arabia much more than the others, was acutely feeling the pinch of falling oil revenues. No alternative market of rising demand has been discovered.45), 2013 ($105. Iran pumping crude into the oil market has created problems at a time when demand was low and sluggish because of the continuing economic recession in the eurozone and in North America.Market analysts are, however, coy about speaking on the big-picture state of the world economy.


The moot question on oil prices is that it has to be less arbitrary than it has been so far.6 billion in 2014-15 to $29. And it has to reflect the pull and push of general economic trends.1 billion in 2015-16. Meanwhile, there is a compelling need on the part of the oil-producing countries to maintain a reasonable price band to maintain stability for themselves as well as for the rest of the world. It was a windfall for the Modi government. This was an unprecedented measure. According to ministry of petroleum and natural gas figures, India has imported 202.It seems that the influential cartel of the Organisation of Petroleum Exporting Countries (Opec) has at last managed to break out of the gridlock of production glut and declining prices. It is a call that the Arab governments need to take for themselves.98 in May 2016.87), when the world economy was experiencing the tailspin of the global recession. If demand does not pick up due to persistent low economic growth in advanced economies, will the reduction in oil production help in increasing export revenue There are very faint signals of revival in the Western economies. 

There was a time in 1997 when Opec felt oil prices should operate within a certain band, and that it should not fall too low nor should it rise too high. It seems that the influential cartel of the Organisation of Petroleum Exporting Countries (Opec) has at last managed to break out of the gridlock of production glut and declining prices. There was an irrational surge in crude oil prices in 2011 ($107. At its meeting in Algiers on Thursday, Saudi Arabia, the country with the largest production and market share, had agreed to cut its output after resisting it for more than a year. As a matter of fact, India’s oil import bill has been falling, though the quantum of oil imported had increased.4 million tonnes in 2014-15.7 billion it had paid for 189. As the oil import bill is higher, a lower price is preferable. 

It was forced to cancel bonus payments to government employees, and cut the salaries of ministers by 20 per cent and of members of the Shura, its consultative council, by 15 per cent.1 million tonnes for $64 billion in 2015-16 compared to $112. Problems perhaps could have been avoided if there was rational pricing in these years. Speculation in oil prices, which is not much talked about in trade circles, seemed to have caused much harm. Though the details have to be worked out as to how much each of the 14 member-countries would reduce, it is clear that the large chunk of reduction would have to happen with Saudi Arabia.It has been a happy, or uncanny, depending on the point of view, coincidence that ever since the Narendra Modi government came to power in May 2014, international oil prices have been falling steadily.As an emerging market economy, India’s stakes in the oil market are double-edged. 

The need to do something to push crude prices up was compelling. While the debate would continue even as economists and statisticians do their number-crunching, there is one fact that stands out.The author is a Delhi-based commentator and analyst.50 in May 2015 to $45. Of course, there is the gratuitous advice offered to Opec members, especially Gulf Arab countries, that they need to diversify their economies and they should not remain a single-commodity setup. India’s petroleum product exports fell from conical twin screw barrels Suppliers $56. Saudi leaders held that if they were to cut back on production, Iran, its main rival in the region, would establish its dominance, and it would be difficult for Saudi Arabia to clutch its way back into the top slot. It stands to gain from low crude oil prices as well as from an increase in prices. The Opec members seem to have realised that stubbornly holding on to the status quo would not help and that it was not the way to move forward.73 in May 2014 to $62. China, Japan and India, three of the largest Asian economies, are not clocking growth rates that would stimulate greater consumption of crude oil. 

It was indeed a question of market perception rather than economic rationality, but the markets do not exactly work on the neat demand-supply equilibrium.It is, of course, futile to blame the manipulation of crude oil prices by the manipulators in Western markets. The reason for the continuing oversupply of production has been because of the coming out of Iran after the United Nations economic sanctions ended as a result of a deal with regard to its nuclear programme was worked out. Opec needs to evolve its own rationale for pricing. There are differing views whether the low prices were passed on to the end-user, whether the oil marketing companies have made good their liabilities, and whether the economy as a whole benefited from it. The wild swings would cause problems not only for the consumers in the rest of the world, specially in the emerging and developing economies, but it would also destabilise the domestic economies of the Opec members themselves. It has to be noted that the speculation happens in Western oil markets rather than in oil-producing countries. Opec is in control of the production output, but there is not much it can do about price fluctuations, which tend to swing from bubble to bust. The price per barrel slid from $105. Lower oil prices had a negative impact on India’s petroleum product exports

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January 20, 2020

Leaves of all the senior officials including Deputy

In addition to this, six Flood Rescue Teams of Mumbai Fire Brigade will be posted at the Regional Command Centres and emergency support functions like BEST (bus transport system), police, traffic police and education officers have been alerted.As per the IMD forecast, there is a possibility of very heavy rainfall in Ratnagiri, Sindhudurg, Mumbai, Thane, Raigad and Palghar districts on June 9. (Photo: File) Mumbai: With the IMD predicting "heavy to very heavy" rainfall along the Maharashtra coast, including Mumbai, over this weekend, the Mumbai civic body is preparing itself to prevent and tackle monsoon-related disasters.On the steps being taken, the BMC said three teams of National Disaster Response Force (NDRF) will be stationed at Parel, Mankhurd (for eastern suburbs) and Andheri Sports Complex (for western suburbs).Besides, Navy personnel will be deployed in Colaba, Worli, Ghatkopar, Trombay, Malad for flood rescue if required, the BMC release said.Dewatering pumps will be kept ready and flood-prone spots will be monitored closely during the heavy rain period, statement said. BMC administration has taken a number of precautionary measures to tackle any eventuality in view of extremely heavy rainfall warning by the IMD from June 9 to 11."


Leaves of all the senior officials  including Deputy Municipal commissioners (DMCs), Assistant Commissioners (AMCs) and heads of departments have been cancelled and they have been directed to be available in their headquarters on June 9 and 10 (Saturday and Sunday)," it said.Dewatering pumps will be kept ready and flood-prone spots will be monitored closely during the heavy rain period, statement said.The education officers monitoring school premises in all 24 administrative wards have been asked to keep shelter schools open 24/7.They are equipped with walkie-talkies and flood rescue material. 

There is a similar forecast for the six districts of Konkan region, including Mumbai, and surrounding areas on June 10 and 11..The Brihanmumbai Municipal Corporation (BMC) administration has taken a number of precautionary measures to tackle any eventuality in view of extremely heavy rainfall warning by the India China building block flat twin screw barrels Suppliers Meteorological Department (IMD) from June 9 to 11, a statement issued by the civic body said

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January 14, 2020

Geopolitical events could keep prices elevated above

45 per barrel, respectively, after Saudi Arabia said it intercepted missiles over Riyadh and U. Only Russia, at currently just under 11 million bpd, pumps out more.Brent crude futures were at $72.S. President Donald Trump warned Russia of imminent military action in Syria."Geopolitical risks outweighed an unexpected rise in inventories in the U.S.


Oil markets remained tense on Thursday on concerns over a military escalation in Syria.5 yuan to 428. supplies weighed. crude oil inventories rose by 3.Ongoing concerns of a prolonged trade dispute between the United States and China are also keeping markets on edge.China lashed out at the United States on Thursday saying that the trade disputes, in which both sides have threatened to impose tariffs on imports of several products, were "single-handedly provoked by the U. crude production last week hit a fresh record of 10.U.S.S.

Geopolitical events could keep prices elevated above $70 Brent in April and May, but our balances suggest a high likelihood of a downward correction in 2H18,” Barclays bank said. Oil markets remained tense on Thursday on concerns over a military escalation in Syria, although prices were some way off Wednesday’s late-2014 highs as bulging U..Ample supplies:Although markets were tense, supplies remain ample especially due to the United States, and analysts said this would likely weigh on prices at some point.4 percent from their last settlement. supplies weighed. For WTI, the bank forecast prices of $58 and $55 a barrel for this year and next.20 a barrel, up 38 cents, or 0."Barring any geopolitical shocks, we see limited upside potential for oil prices from current levels due to ongoing oversupply, mainly from the U.The United States now produces more crude than top exporter Saudi Arabia.” and that Beijing was prepared to escalate the spat if Washington did not back off from its threatened import tariffs.S.In China, Shanghai crude futures rose by 10.

The Chinese Commerce Ministry also said there had been no bilateral negotiations with the United States on the trade frictions.53 million barrels per day (bpd), up by a Wholesale injection molding screw head and rings quarter since mid-2016.64 million barrels.U.S.4 percent from their last close. and Russia, and also a slowing demand growth outlook,” said Georgi Slavov, head of research at commodities brokerage Marex Spectron.3 million barrels to 428.Barclays said it expected Brent to average $63 per barrel in 2018 and $60 in 2019.A trade dispute between the United States and China also kept markets on edge.S.,” ANZ bank said.S.2 per barrel, up 2. 

WTI crude futures were at $67.33 per barrel at 0648 GMT, up 27 cents, or 0.Both Brent and WTI on Wednesday hit their highest since late 2014 of $73. Singapore: Oil markets remained tense on Thursday on concerns over a military escalation in Syria, although prices were some way off Wednesday’s late-2014 highs as bulging U.Meanwhile, U.5 percent, with record volumes traded.09 and $67.7 yuan ($68.S

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January 06, 2020

He said even in Uttar Pradesh operators of petrol pumps with little education

He said even in Uttar Pradesh operators of petrol pumps with little education were able to tamper chips in petrol dispensing machines to deliver less petrol.In his half-an-hour long speech, Mr Yadav asked his party workers and supporters to be prepared for 2019 general elections and UP Assembly elections in 2022.


Mr Yadav demanded that the elections should be conducted through ballet and not through machines. The SP leader attacked the Prime Minister Narendra Modi saying he failed to keep the promises given to citizens and his party is misleading people of India. He gave examples of ATM frauds and said when all this could happen then EVMs can also be tampered. China blown film extruders Manufacturers Akhilesh Yadav (Photo: PTI) Mumbai: Samajwadi party leader Akhilesh Yadav addressed a huge rally in Sion in Mumbai on Sunday. He claimed that ruling Bhartiya Janta Party (BJP) cannot contest elections on the issue of development and hence it has adopted British policy of divide and rule.Yadav demanded that the elections should be conducted through ballet and not through machines.."All the claims about bringing back black money, curbing corruptions and benefits of imposing GST have fallen flat,” he said

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December 30, 2019

I find myself kayaking past it for the second time in my life

So, when my kayak draws up next to a flat orange piece of plastic, I decide to pick it up. My paranoid mind tells me they are here to window shop for their lunch. Plastic.I barely snap my hand back as the water around me changes. Grey. I know this land like the back of my hand.The beauty of our own backyard is often lost on us. 


I’ve carved up my first state of Gujarat. I turn around and kayak back.The beauty of our own backyard is often lost on us. All it needs is for you to think of them. Surely not coastal Maharashtra or Malwan.(Kaustubh Khade is an IITian, Asian Silver Medalist in kayaking & a Limca Book Record holder. It’s day 36. And Orange. Then when I am clear of the near and present, I laugh. 

Being on the water everyday for 7-9 hours, paddling in the harsh sun, doesn’t allow for too many detours.The next day, I chase a pod of dolphins surfacing together, forming lines of breaking spray just 3 metres ahead of me. It is the enemy and no one knows this better than someone who’s seen it strewn all along our coastline. I dip my hand in the water when the plastic pumps. However, one always wants to preserve it. My kayak is swarmed with jellyfish. I get the GoPro out and take a moment to be with my new found friends. 

And it’s tentacles run a Mexican Wave. Jellyfish When we think of beach destinations or possible tropical paradises, we think Maldives or Greece. The clear green water comes alive with orange. But when I am 4 km out of the port of Ratnagiri, I am optimistic and feel I can make a difference. They’re Green. 

I find myself kayaking past it for the second time in my life, when I set off on a 3,000-km solo kayaking trip from Kutch to Kanyakumari. Just as I catch up to them, paddling furiously, they break away playfully and change course.The waters of Maharashtra are blue. I paddle hard and fast out. However, one always wants to preserve it. 

And I have 47 more to China injection molding screw head and rings Suppliers go. And the orange jellyfish that I was going to pull out with my bare hand drifts away majestically. Often, I’m too dehydrated or out of the way to pick it up. One lone wolf consecutively dives out in glee. He recently kayaked the 3,000km west coast of India solo). I laugh and maintain mine

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December 23, 2019

We are confident that these two products will be well received by our elite

We are confident that these two products will be well received by our elite Indian customers and reinforce AMG&three-dimensional printer screws Factory39;s reputation as # the mist preferred performance brand in the country," Folger said.23 crore (ex-showroom).The company also introduced AMG GT Roadster at a starting price of Rs 2..23 crore. 


The GT Roadster pumps out 476 HP of power and can achieve a top speed of 302 km per hour. Mercedes-Benz on Monday launched AMG GT R in India with prices starting at Rs 2. New Delhi: German luxury carmaker Mercedes-Benz on Monday launched AMG GT R in India with prices starting at Rs 2.6 seconds and can achieve a top speed of 318 km per hour.The company is confident that these two models will bring more customers and redefine the performance motoring segment altogether, he added."Bringing the fastest cars from the fastest family in the world is proof of the increasing importance of India as a market and its potential for performance sports cars," Mercedes-Benz India MD & CEO Roland Folger told reporters here.The 585 HP AMG GT R can race to 100 km per hour in just3.19 crore.The company is confident that these two models will bring more customers and redefine the performance motoring segment altogether.With these launches, Mercedes-Benz now has 12 AMG models in India

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December 16, 2019

The pace of the film is slow too

He sensitively handles the grievous subject without compromising on the ghastly truth behind these acts of pure evil. How Devki emerges a winner is what &China granulation screw barrels Suppliers39;Mom' is all about. You may put the film on your to-do list this weekend.Director Ravi Udyawar's debut film, ‘Mom,’ is an eye-opener of sorts in today’s misogynistic society where preconceived notions about how women should carry themselves still exist. Turning your eyes elsewhere will be criminal when she is on screen in the film. 


They deliver a power-packed performance in crucial scenes of the film.Mathew Francis (Akshaye Khanna), a tough cop, makes an entry to solve the mystery but fails to prove Abhimanyu and his gang guilty.If you thought you have seen it all from Sridevi, think again. First half deals with rape of the daughter and second half with the revenge saga, the only difference in this one is that Nawaz and Akshaye's characters were prominent enough to make Mom stand out. 

Devki's life changes upside down when a bunch of local ruffians attack Arya in a party. Not undermining the efforts of other talents who make the film, as a whole, a very gratifying watch. Starring Sridevi, this film primarily revolves around the menacing issue of gang rape, set rightly in the heart of Delhi and Uttar Pradesh, Indian states that is most notorious for abuse against women. The elder daughter Arya is Anand's real daughter and was raised by Devki after her mother passes away. She seeks help of a popular detective Dayashankar (Nawazuddin Siddiqui). Ravi has done a brilliant job. Soon after, Devki decides to seek revenge from the criminals. The movie is perhaps a reflection of the society and the upbringing of a huge male population who still looks down upon women and treat them as mere sexual objects.' Rating: Director: Ravi Udyawar Cast: Sridevi, Nawazuddin Siddiqui, Akshaye Khanna, Abhimanyu Singh, Adnan Siddiqui, Sajal Ali and Pitobash Tripathy'Maatr,' 'Neerja,' ‘Akira,’ ‘Begum Jaan,’ ‘Anaarkali of Aarah’; quite a few female-centric stories in the past year have embraced the audiences. Along with the Indian filmmakers who're willing to tell such tales, the audience also seems to be willing to accept such heroic tales of women. Abhimanyu Singh, a rich spoilt # lad along with his goon gang rape Arya and leave her unconscious in the middle of an isolate road. 

From Sridevi's profession to the execution of the plot, the film is picked up from Maatr. 'Mom’ is definitely one such.From Sridevi's profession to the execution of the plot, the film is picked up from Maatr. Akshaye Khanna, Nawazuddin Siddiqui, Adnan Siddiqui, Sajal Ali and Pitobash Tripathy were too good in their respective roles. Mom will surely face the battle of plagiarism. But the one to save this old wine in a new bottle is Sridevi's stellar performance. She pumps in so much life into the film that it is her performance that steals the show.Although the production of the film makes it look grand and fancy, the climax is too dramatic for such an intense film.

Devki (Sridevi), a school teacher, resides in Delhi with her husband Anand and two young daughters. Her screen presence, her personality, the way she projects her character, her facial expressions are top-notch.Kudos to Abhimanyu Singh, the main antagonist, who makes you feel disgusted throughout, that’s the beauty of his villainous character.The biggest hiccup of the film is that it is exactly the replica of Raveena Tandon's last release Maatr. Ravi Udyawar's directorial debut tracks the journey of a mother seeking revenge for her daughter’s gang rape. A still from 'Mom. 

The pace of the film is slow too. First half is dragged in a lot of aspects, the pain of seeing her miserable daughter is stretched a bit too much. The interesting part of the film is that the plot of the film is not extraordinary, but the great performances and gripping subject line make 'Mom’ watchable

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December 10, 2019

The department has decided to close the verification

The taxpayers have provided response for 13.58 lakh taxpayers who made partial declaration of accounts/amounts in their earlier responses.58 lakh taxpayers who made partial declaration of accounts in the past.89 lakh crore.Taxpayers have provided response for 13.68 lakh new cases have been identified for e-verification process New Delhi: The income tax department has identified 5.68 lakh new cases have been identified for e-verification process," the I-T department said.68 lakh new cases for verification, including 1.92 lakh people who have made suspicious deposits of Rs 5 lakh and above between November 10 and December 30.


The department has used big data analytics for comparison of deposits made after the November 8 decision to scrap high- value banknotes with information in its database to identify tax-payers whose cash transactions do not appear to be in line with the tax-paying profile.Under &China screw barrel of injection moulding machines Suppliers39;Operation Clean Money' launched by the I-T department on January 31, the department has sent SMS and e-mails to 17. In addition to the earlier 18 lakh cases, 5.72 lakh person have responded on sources of the cash deposits. Such incremental data analysis has already led to identification of new cases for e-verification, he said.The department initiated the second phase of the # 'Operation Clean Money' on April 14, under which more than 60,000 persons, including 1,300 high risk persons, have been identified for investigation into claims of excessive cash sales during the demonetisation period. In addition to the earlier 18 lakh cases, 5. 

 The department has decided to close the verification in cases where there was justifiable explanation of source of cash.More than 6,000 transactions of high value property purchase and 6,600 cases of outward remittances shall be subjected to detailed investigations under the Operation Clean Money II.The department had engaged two specialised data analytics agencies and a business process management agency to analyse large volume of cash deposit data, track the compliance status of taxpayers and reporting entities.71 lakh new accounts relating to 1.33 lakh accounts involving cash deposits of around Rs 2.Post demonetisation on November 8, the tax department is flushed with information from various sources, including statement of financial transactions (SFT) filed by banks. The online responses have been assessees and no further action will be taken in cases of satisfactory explanation," the I-T department said.33 lakh accounts involving cash deposits of around Rs 2.. Of these, 9."

The income tax department has also identified 3.Under this, detailed investigations would be conducted on businesses like petrol pumps, traders and property purchasers claiming cash sales as the source of cash deposits which have been found to be excessive compared to their past profile or industry norms during the note ban period.89 lakh crore.The tax department is conducting analysis in conjuction with previously available/analysed data

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December 03, 2019

The traction control system also gets five modes

Kawasaki claims that Ninja ZX-10RR was approximately 2 seconds faster than the standard motorcycle at its Autopolis test track in Kumamoto, Japan. It makes over 113Nm of torque at 11,500rpm and the motor has been mated to a 6-speed gearbox. It comes with a special Winter Edition matte black paint to set it apart from the standard motorcycle. The traction control system also gets five modes and there’s a three-mode launch control too, along with ABS.com.


Additional features on the Kawasaki Ninja ZX-10RR includes Kawasaki’s KQS quick-shifter that allows both clutchless upshifts and downshifts. Source: Zigwheels.Kawasaki Ninja ZX-10R is likely to be priced around Rs 20 lakh and was shown at INTERMOT motorcycle show.7mm more valve lift than the standard ZX-10R) and the cylinder head has been modified for clearance. It has a good amount of power and lots of electronic goodies. The connecting coolant passage between the cylinders have also been narrowed down to accommodate race kit pistons to withstand the stresses of higher-rpm engine speeds. The wheels are seven-spoke forged aluminium units sourced from Marchesini and they are wrapped around with the super sticky Pirelli Diablo Supercorsa SP tyres. Kawasaki Ninja ZX-10R Introduced in February last year, the Kawasaki Ninja ZX-10R is one of the most impressive litre-class motorcycles in the Indian market. Kawasaki also offers race kit parts as an accessory whether that will be offered in India remains skeptical. 

The main purpose of the new motorcycle is for Kawasaki to meet the superbike racing homologation requirements. The bike features Bosch inertial measurement unit (IMU) that measures data across 6 axes of movement. The tappets have been carbon coated and the crankcase is more rigid. Powering the bike is a liquid-cooled, 998cc inline four unit which pumps out at 200PS, and gets a 10PS boost with ram air. It is likely to be priced around Rs 20 lakh and was showcased at the INTERMOT motorcycle show and has a limited production of just 500  units. 

The race kit also gets high-lift camshafts (conical twin screw barrel. However, the Japanese two-wheeler giant will now launch the Ninja ZX-10RR in the country on March 11, 2017Kawasaki claims that Ninja ZX-10RR was approximately 2 seconds faster than the standard motorcycle at its Autopolis test track in Kumamoto, Japan. It makes over 113Nm of torque at 11,500rpm and the motor has been mated to a 6-speed gearbox. It comes with a special Winter Edition matte black paint to set it apart from the standard motorcycle. 

The traction control system also gets five modes and there’s a three-mode launch control too, along with ABS.com.Additional features on the Kawasaki Ninja ZX-10RR includes Kawasaki’s KQS quick-shifter that allows both clutchless upshifts and downshifts. Source: Zigwheels.Kawasaki Ninja ZX-10R is likely to be priced around Rs 20 lakh and was shown at INTERMOT motorcycle show.7mm more valve lift than the standard ZX-10R) and the cylinder head has been modified for clearance. It has a good amount of power and lots of electronic goodies. The connecting coolant passage between the cylinders have also been narrowed down to accommodate race kit pistons to withstand the stresses of higher-rpm engine speeds. The wheels are seven-spoke forged aluminium units sourced from Marchesini and they are wrapped around with the super sticky Pirelli Diablo Supercorsa SP tyres. 

Kawasaki Ninja ZX-10R Introduced in February last year, the Kawasaki Ninja ZX-10R is one of the most impressive litre-class motorcycles in the Indian market. Kawasaki also offers race kit parts as an accessory whether that will be offered in India remains skeptical. The main purpose of the new motorcycle is for Kawasaki to meet the superbike racing homologation requirements. The bike features Bosch inertial measurement unit (IMU) that measures data across 6 axes of movement. The tappets have been carbon coated and the crankcase is more rigid. 

Powering the bike is a liquid-cooled, 998cc inline four unit which pumps out at 200PS, and gets a 10PS boost with ram air. It is likely to be priced around Rs 20 lakh and was showcased at the INTERMOT motorcycle show and has a limited production of just 500 conical twin screw barrel units. The race kit also gets high-lift camshafts (0. However, the Japanese two-wheeler giant will now launch the Ninja ZX-10RR in the country on March 11, 2017


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November 19, 2019

He told the participating Members of Parliament

Government and RBI are fully aware of cyber security challenges and ensuring strong firewalls around the systems. Finance Minister Arun Jaitley (Photo: PTI) screw barrel of injection moulding machines Factory New Delhi: Finance Minister Arun Jaitley today said the government and the Reserve Bank are taking measures to bring down the digital transaction cost with an aim to move towards a less-cash economy. 


Less cash, he said, can be gradually substituted to the possible extent through digital transactions.Some of them suggested that security measures are required both in case of hardware and software in order to secure the data and transactions made through digital mode.Chairing the 5th Meeting of the Consultative Committee attached to his ministry, Jaitley said digital transactions are a parallel mechanism, not a substitute, for cash transactions and "cashless economy is actually a less cash economy as no economy can be fully cashless".

Expressing views, one MP cited the example of Bangladesh Bank heist and expressed the concern about cyber security if digitisation is done at such a fast pace. Some members raised the concern that Aadhaar alone should not be basis for bank transactions and banks should keep their KYC norms strict along with Aadhaar.MPs who attended the meeting include Baijayanta Jai Panda, Dilip Kumar Mansukhlal Gandhi, Ram Charitra Nishad, Subhash Chandra Baheria, Supriya Sadanand Sule, Poonam Mahajan, Sharadkumar Maruti Bansode and Shri Suresh Chanabassappa Angadi (all Members of Lok Sabha).
Regarding the availability of POS machines, he said POS machines are manufactured by two companies in China and the government has waived duties on them so that these machines become cheaper and reach the shopkeepers easily. He said the government was trying its best to minimise common man's pain.

According to an official release, Jaitley said the Centre has announced various incentives to attract people to shift to digital mode of payment and the response is quite positive so far in this regard. Digvijaya Singh, Rajeev Chandrasekhar, Ranvijay Singh Judev, Sanjay Seth, Satish Chandra Mishra and Kumari Selja were among the Rajya Sabha MPs. The issue of virtual currency, bitcoins was also raised as they are believed to be used by black money hoarders.Regarding connectivity and infrastructure issue in rural India, suggestions were made to strengthen the institution of business correspondents.Suggestions regarding infrastructure for having internet facility on continuous/permanent basis, without disruption, has to be ensured for making digital payments successful especially in sub-urban and rural areas were also made.As part of efforts to promote e-payments, the Finance Minister said the government is providing various incentives for digital transactions including on debit card use.

The Finance Minister added that 55 per cent petrol pumps in the country are accepting payment through digital means and with the government providing incentives, more people are switching to this mode.Some members also requested the Finance Minister to relax conditions for Tamil Nadu in view of recent cyclone that caused major disruptions in supply of electricity and internet connectivity. He told the MPs that the government and RBI are fully aware of cyber security challenges and ensuring strong firewalls around the systems.Jaitley assured the members of the Committee about cyber security measures being taken by the banks under RBI supervision.

He told the participating Members of Parliament (MPs) that the government is trying to encourage digitisation as much as possible because an excessive cash economy has its own social and economic costs and consequences.Jaitley further said the government and the RBI have taken various steps to bring down the cost of digital transactions and specifically mentioned about MDR charges.Jaitley further said the government is conscious of the need of cyber security of high level to secure digital payments

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