Cry for a free Baloch nation
The Naresh Kumar Sagar Daily
ウィキリークス、レイプ被害者の実名を暴露 サウジのゲイを”アウティング”したケースも
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huffingtonpost.jp – 情報の透明性を徹底するために、個人情報やレイプ被害者の実名を暴露したり、電子カルテの内容を公開する必要はない。 しかし、政府機関の機密情報を公開するウェブサイトとして知られているウィキリークスは、そんなことにこだわらない。 それどころか、何百人もの罪なき人々の極秘情報を公開しているウィキリークスの悪事を暴いたAP通信の報道に対し、AP通信は不当な扱いをしているとか、記事が述べている情報につい…
Cry for a free Baloch nation resonates on the 10th martyrdom anniversary of Nawab Akbar Shahbaz Khan Bugti
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blogs.timesofindia.indiatimes.com – As the dawn of August 26th approached this year, Baloch activists in exile yet again embarked on a mission to make the world aware of the hardships and discrimination suffered by people in Balochis…
Khadi gowns at Nalanda varsity’s first convocation ceremony
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thehindu.com – The first convocation ceremony of Nalanda University will be breaking away from tradition on Saturday when not only students but also President Pranab Mukherjee, who is the chief guest, and other d…
Delhi Government Ads Promoted Kejriwal And AAP, Says Top Auditor
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FDA screening all US blood banks for Zika
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abc7chicago.com – The government told all U.S. blood banks Friday to start screening for Zika, a major expansion intended to protect the nation’s blood supply from the mosquito-borne virus. Previously, blood testing…
Press Conference by Maharashtra CM, Devendra Fadnavis at BJP HQ, New Delhi: 27.08.2016
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On the Spot with Shutapa Paul: Piyush Goyal
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WOMEN SUPPORTS BSP/बीएसपी की आगरा रैली में महिलाओं का रेला
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ACS-26-08-16-हाजी अलीबाबत हायकोर्टाने दिलेला निर्णय सर्वच प्रार्थनास्थळांना मार्गदर्शक ठरेल का?
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SELL ME THIS PEN – THE PERFECT ANSWER TO SELL ME THIS PEN INTERVIEW QUESTION – WOLF WALL STREET
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What she does takes the internet by storm
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Buzz of change in Maldives, Mohammed Nasheed flies secretly to Lanka
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U.S. aid to Pakistan shrinks amid mounting frustration over militants
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in.reuters.com – WASHINGTON Pakistan’s continued support for resurgent militant groups hostile to the United States, coupled with warming U.S. military and business relations with India, is sharply diminishing Isla…
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Her boyfriend didn’t want to kiss her on camera. What she did instead SHOCKED
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newspip.com – Get some laughs from these clever pregnancy announcements When a newborn’s on the way, it’s such an exciting time that it deserves to be treated with some fun and creativity! When wrap your teeth w…
フジ大村｢足切断されてあなたもうスポーツ出来ないけど、どんな気持ち？｣被災者少年に無神経ｲﾝﾀｳﾞｭｰ :【2ch】ニュー速クオリティ
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Why Lean Startup Is Hard In Practice
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5th ENERTIA Summit & Conclave 2016
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enkaysagar.wordpress.com – Sub: Calling you as a “Special Invitee” to attend the“5th ENERTIA Summit & Conclave 2016 – Future of Energy-India Vision 2032”and Concurrent twin discussions ofENERTIA Foundation – ENERTIA Think …
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RBI’s Next Thousand Days
RBI’s Next Thousand Days
Rajiv Kumar
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What Urjit Patel can do to help improve India’s investment climate
Urjit Patel will take over as Governor of RBI on September 4. Close to 53, he is among the youngest to be appointed to this position. One ho pes this is part of a larger move by Prime Minister Narendra Modi and the NDA government towards placing younger persons in high policy positions, in line with India’s demographic profile.A lot of ink has been spilled on Patel being an inflation hawk. This is an irrelevant discussion now that an inflation target has been hardwired and maintaining a pre-determined inflation rate is the law of the land.
Patel is duty bound to implement the law, in consultation with the monetary policy committee (MPC). With these statutory changes, it does not matter one tiny bit if the Governor is a hawk, an eagle or a dove. The days when the Governor was the monarch or James Bond of Mint Road are definitely behind us.
Patel can, however, help the investment climate by focussing on improving the monetary policy transmission mechanism and ensuring sufficient liquidity in the system, both of which will help bring down lending rates even when repo rates are left unchanged by the MPC.
It is amply clear that reining in food inflation, responsible for sustained high inflation during UPA’s two terms as also at present, is key to controlling headline CPI inflation rate. Food prices that constitute 46% of the consumer price index are not readily amenable to monetary policy measures. Therefore, food inflation requires addressing supply side constraints.
Patel will have to persuade and cajole his government counterparts to bring down barriers that currently prevent private traders, with their ears to the ground, to move food supplies in and out of the country , and across state borders, thereby improving the supply response for emerging shortages and surpluses.
Additionally , RBI should set up its own system for food price monitoring so that it does not have to depend on dodgy and delayed government statistics to initiate necessary action. Patel certainly does not want to land in the situation in which some of his predecessors found themselves, where both interest rates and food inflation remain elevated.
Cleaning up of commercial bank balance sheets and ridding them of dubious accounts and non-performing assets will have to be pursued. Having worked together with him on the board of one of India’s largest commercial banks, i know of his frustrations in securing honest and correct data on advances and NPAs.
Hopefully, that experience will not make him go for the jugular and force banks to clean up their balance sheets by March 2017. That could have unforeseen deleterious consequences for the corporate sector as also for banks themselves. Taking a longer term approach that allows banks to take advantage of growth over the upswing of the business cycle, to nurse some non-performing assets back to health may be a better approach.
This does not imply that Patel should not expose the cronies and wilful defaulters. But it does imply that banks are allowed some more space to help those honest entrepreneurs who currently find themselves in trouble because of cyclical downswing, delays in clearing their receivables either by the government or corporate clients due to financial constraints. A physician’s approach rather than that of a surgeon would perhaps be more apt at this stage.
Patel would also do well to pay far more attention than given by any of his predecessors, to financial technology.While there has been substantial progress over the past 10 years Indian banks, by and large, are way behind the curve in designing their processes and compliances around a core IT and digital system.
Digital India, to be successful, will necessarily have digital finance as one of its principal components. Opening 210 million new Jan Dhan accounts will be of no avail in improving financial inclusion if these are not digitally linked to payments and credit flows.
Can the RBI, under Patel, at least start a sustained attempt at using `fintech’ to reduce intermediation and compliance costs and initiate a conversation on India’s move towards digital money that would be transformative?
Completing the digital transformation of the financial sector could be Patel’s legacy.
Completing the digital transformation of the financial sector could be Patel’s legacy.
There are other challenges as well.Will Patel do away with statutory liquidity ratios (SLR) that encourage lazy banking? Will he bring the tamasha of priority sector lending to its logical end in these days of universal access to credit through digital networks?
Will he agree to the finance minister’s budget announcement of opening an independent debt management office in the North Block?
These issues would require Patel to work closely with the government and become an important member of the macroeconomic management team which has the goal of maximising employment generation with macroeconomic stability. Being a team player and minimising the perception of RBI being at odds with the government would bring kudos for Patel during the next thousand days.
Will he agree to the finance minister’s budget announcement of opening an independent debt management office in the North Block?
These issues would require Patel to work closely with the government and become an important member of the macroeconomic management team which has the goal of maximising employment generation with macroeconomic stability. Being a team player and minimising the perception of RBI being at odds with the government would bring kudos for Patel during the next thousand days.
The writer is senior fellow at Centre for Policy Research, Delhi
TICKETS SOLD OUT FOR INDIA’S FIRST-EVER OFFICIAL INTERNATIONAL CRICKET SERIES IN THE U.S. THIS WEEKEND
The official Indian cricket team is set to play a two-match Twenty20 international series against defending champions West Indies at the Central Broward Regional Park Stadium on August 27 and 28, 2016
August 27, 2016 – New Delhi/Lauderhill, FL. The official Indian cricket team is set to play its first-ever international series in the U.S. this weekend. Cricket enthusiasts from all over the U.S. are traveling to Lauderhill to watch the historic series, and the tickets for the two matches have already been fully sold out. The matches will begin on Saturday and Sunday at 10:00am EDT/ 7:30pm IST.
The Twenty20 international series against defending T20 champions West Indies will be played at Central Broward Regional Park Stadium, which is the U.S.’s only venue officially certified by the International Cricket Council (ICC) to host One Day Internationals (ODIs). The 110-acre multipurpose facility features a 560-feet diameter stadium with a 20,000 seating capacity.
Cricket is among the world’s most popular games that is played in over 100 countries. Of note, it was the national sport in America in the 18th and 19th century, and counts Benjamin Franklin among its fans.
Cricket is based on the same basic principle as baseball, though with different rules, terminology, playing equipment, number of players and field size. For example, the leather ball used in cricket is heavier by half an ounce and is thrown by a bowler, instead of a pitcher, by bouncing it off the ground and not through the air. Cricket has two batsmen or runners at a time, and scoring is based on four and six runs when the ball hits the boundary on the ground or in the air respectively, or as multiples of singles when the batsmen run between the wicket.
Says Lt. Anurag Thakur, President of the Board of Control for Cricket in India (BCCI),“History repeats itself! It is a great coincidence that the audience strength for the first ever international matches being played by Team India in the U.S. is the same as the turnout for America’s cricket match with Canada in 1844, the first international sporting event of the modern world. Our fans are our biggest strength and with an aim to ensure that the game of cricket reaches them, this step has been undertaken. With the overwhelming response received so far on tickets, I am certain that this initiative will be well received by a large number of existing fans and cultivate a potential fan base.”
The Indian Cricket Team’s contingent for the two T20 International matches comprises of Mahendra Singh Dhoni (captain), Rohit Sharma, Shikhar Dhawan, Virat Kohli, Ajinkya Rahane, K. L. Rahul, Ravindra Jadeja, Ravichandran Ashwin, Jasprit Bumrah, Mohammed Shami, Bhuvneshwar Kumar, Umesh Yadav, Amit Mishra and Stuart Binny. The West Indies squad comprises of Andre Fletcher, Andre Russell, Carlos Brathwaite (captain), Chris Gayle, Dwayne Bravo, Evin Lewis, Jason Holder, Johnson Charles, Kieron Pollard, Lendl Simmons, Marlon Samuels, Samuel Badree, Sunil Narine.
The 3.1 million strong Indian diaspora has contributed significantly in the progress of the U.S. and in bringing the world’s oldest and largest democracies together. According to the U.S.-India Business Council, U.S. companies have already invested $28 billion in India and are on track to invest an additional $45 billion in the next 2-3 years. During his address to the Joint Meeting of the U.S. Congress in June 2016, India’s Prime Minister Narendra Modi had remarked, “The embrace of our partnership extends to the entirety of human endeavor — from the depths of the oceans to the vastness of the space. A strong India-U.S. partnership can anchor peace, prosperity and stability from Asia to Africa and from Indian Ocean to the Pacific. India and the U.S. have combined their strengths in science, technology and innovation to help fight hunger, poverty, diseases and illiteracy in different parts of the world. The constraints of the past are behind us and foundations of the future are firmly in place.” India and the U.S. are meeting for the Strategic & Commercial Dialogue in New Delhi next week.
For more details, please contact:
In the U.S.:
Esther Young, Gutenberg Communications
esther@gutenbergpr.com, +1.646.775.6314
In India:
Puneet Khunger, Gutenberg Communications
puneet@gutenbergpr.com, +91.9810191409
Enertia Think Tanks Meet
24th August 2016
Dear Naresh Kumar Sagar Ji,
Sub: Calling you as a “Special Invitee” to attend the“5th ENERTIA Summit & Conclave 2016 – Future of Energy-India Vision 2032”and Concurrent twin discussions ofENERTIA Foundation – ENERTIA Think Tank (EASE – ENERTIA Alliance for Sustainable Energy)forum GSFI E(Grid Smart Forum of India) “6th GRID Smart 2016 & 4th DISTRI Vision INDIA 2016”.
Theme : “INDIA – An Energy & Economy SuperPower by 2032 ; Towards a “Better INDIA for a Better World”
Day & Venue : Friday, 26th August 2016, The Metropolitan Hotel, CREST Hall, Bangla Sahib Road, New Delhi (10-30 am to 2-00 pm followed by Power Luncheon)
GREETINGS to “Your Goodself” from “The National non-profit cause”,ENERTIA Foundation – ENERTIA Think Tank (EASE – ENERTIA Alliance for Sustainable Energy) forum GSFI (Grid Smart Forum of India); our sister National RE Umbrella body,REPA – Renewable Energy Promotion Association, and ‘Falcon Media’, Publishers of“ENERTIA – Asia’s Premier Journal on Sustainable Energy, Renewable Power, Hydro Resources & Environment”.
It is our pleasure at “ENERTIA Foundation” to announce the “5th ENERTIA Summit & Conclave 2016 – Future of Energy-India Vision 2032”, concurrent withENERTIA Think Tank (EASE – ENERTIA Alliance for Sustainable Energy)forum GSFI (Grid Smart Forum of India)“6th GRID Smart 2016 & 4th DISTRI Vision INDIA 2016”, being organized jointly in association with our sister National RE Umbrella Body, REPA (Renewable Energy Promotion Association) and ‘Falcon Media’ onFriday, 26