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Stobart Air on Emergency

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Petrol Price

JUST IN: Petrol price cut by ₹ 2 per litre, diesel by 50 paise with effect from midnight tonight

TIMES NOW's photo.
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Bangkok bombing female suspect is ‘in Turkey

Bangkok bombing female suspect is ‘in Turkey
The female suspect who rented the apartment where explosives were found is in Turkey, and her husband is Turkish, media reports say, citing her family. Thai police earlier issued warrants for two suspects. The move came after bomb-making materials were found during a raid on a property close to the international airport, part of the investigation into last month’s fatal bomb blast in Bangkok

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ECB borrowing July 2015

ECBs stand at US$ 2.1 bn during July 2015

 

 Indian firms have raised US$ 2.1 billion through external commercial borrowings (ECBs) in the month of July  2015 as against US$ 3.2 billion during June 2015 by automatic and approval route. The borrowings stood at US$ 2.1 billion in July 2015 as compared to US$ 3.7 billion in July 2014.

 

     External commercial borrowings (ECBs) since April 2011                                                                 (US$bn)

     Source: PHD Research Bureau, compiled from RBI ,  Note: ECB contains both automatic and approval routes

 

India has received gross ECBs worth around US$280 billion between FY2001 and FY2016 (till July 2015).

 

  Gross ECB Inflows                                                                                                                                                                  (US$bn)

Source: PHD Research Bureau, compiled from RBI Note: ECB contains both automatic and approval routes

 

A closer look at the ECBs pattern reveals that the lion’s share in ECBs during the month of July 2015 is held by on-lending/sub-lending contributing to about 37%  of the total followed by refinancing of earlier ECB contributing to about 33%, overseas Acquisition at about 7% and rupee expenditure at 6.4%.

 

      Pattern showing ECBs during July 2015                                                                     (% share in total)

      Source: PHD Research Bureau, compiled from RBI, Note: ECB contains automatic and approval route both.

 

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Core Infra Growth

July core infra grows at 1.1%

 

The core infrastructure grows to 1.1% (Y-O-Y) in July 2015 as compared to 3% (Y-O-Y) in June 2015. The combined index of Eight Core Industries stands at 168 in July 2015 with a growth rate of 1.1% in July 2015 as compared to 4.1% in July 2014. Crude oil and Natural gas registered a growth rate of (-)0.4% and (-)4.4% respectively in the month of July 2015.

 

   Sector wise trend in monthly production                                                            (% growth)

Sector

Weight in IIP

July’15

June’15

Crude Oil

5.22

-0.4

-0.7

Natural Gas

1.71

-4.4

-5.9

Petroleum Refinery Products

5.94

2.9

7.5

Coal

4.38

0.3

6.3

Fertilizer

1.25

8.6

5.8

Electricity

10.32

3.5

0.2

Cement

2.41

1.3

2.6

Steel

6.68

-2.6

4.9

Overall

37.90

1.1

3.0

  Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India

 

In cumulative terms, core infrastructure industries registered a growth of 2.1% during April- July 2015-16 as against 5.5% during the corresponding period of the previous year.

 

    

    Sector wise trend in production                                                                                   (% growth)  

Sector

Weight

Apr-July 2015-16

Apr- July 2014-15

Crude Oil

5.22

-0.7

-0.4

Natural Gas

1.71

-4.2

-5.2

Petroleum Refinery Products

5.94

3.9

-2.3

Coal

4.38

5.7

6.4

Fertilizer

1.25

4.1

4.9

Electricity

10.32

2

11.4

Cement

2.41

1

11.2

Steel

6.68

1.4

5.9

Overall

37.90

2.1

5.5

   Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India

 Trend in growth of steel, cement, electricity, coal and overall                     (%)

Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India

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Hillary to Naresh

Hillary Clinton

To

nksagar_1@yahoo.com
Today at 5:42 PM
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FIH Hockey World League

Hero MotoCorp Ltd Logo

 

 

 

 

 

 

 

NEW DELHI, 31 AUGUST, 2015

HERO MOTOCORP TO BE THE TITLE SPONSOR OF THE FIH HOCKEY WORLD LEAGUE FINAL

CONTINUES TO PROMOTE INDIAN SPORTS ON A GLOBAL STAGE

 

 

THE INTERNATIONAL HOCKEY FEDERATION (FIH) HAS ANNOUNCED HERO MOTOCORP LTD AS TITLE SPONSOR OF THE 2015 MEN’S HOCKEY WORLD LEAGUE FINAL.

 

TAKING PLACE IN RAIPUR, CHHATTISGARH BETWEEN 27 NOVEMBER AND 6 DECEMBER 2015, THE EVENT WILL BE CALLED THE ‘HERO HOCKEY WORLD LEAGUE FINAL’.

 

THE SPONSORSHIP SEES HERO CONTINUE ITS ONGOING SUPPORT FOR THE SPORT OF HOCKEY AND THE FIH. HERO HAS PROVIDED THE TITLE SPONSORSHIP FOR NUMEROUS FIH FLAGSHIP EVENTS, INCLUDING THE MEN’S WORLD CUP 2010, JUNIOR WORLD CUP 2013 AND THE INAUGURAL MEN’S WORLD LEAGUE FINAL 2014, WHICH WERE ALL HELD IN THE CAPITAL. HERO WAS ALSO TITLE SPONSOR OF THE MEN’S CHAMPIONS TROPHY IN BHUBANESWAR LATER IN 2014.

 

MR. PAWAN MUNJAL, CHAIRMAN, MANAGING DIRECTOR AND CEO, HERO MOTOCORP LTD., EXPRESSED HIS DELIGHT AT THE PARTNERSHIP. HE SAID, “THE ‘HERO HOCKEY WORLD LEAGUE FINAL 2015’ IS YET AGAIN GOING TO BRING WORLD-CLASS HOCKEY TO THE COUNTRY. THIS WILL GIVE AN OPPORTUNITY FOR ALL THE TOP TEAMS INCLUDING AUSTRALIA, GERMANY, NETHERLANDS, GREAT BRITAIN, BELGIUM, ARGENTINA, CANADA AND INDIA TO SHARPEN THEIR SKILLS BEFORE THEY HEAD INTO THE RIO OLYMPICS NEXT YEAR.

 

“AS A KEEN SUPPORTER OF OUR NATIONAL GAME, I AM ALSO QUITE HAPPY TO SEE THE EVENT BEING HELD AT RAIPUR IN THE STATE OF CHHATTISGARH, BECAUSE THIS WILL GIVE A GOLDEN OPPORTUNITY FOR HOCKEY FANS THERE TO SEE TOP CLASS ACTION UP CLOSE FOR THE FIRST TIME. THIS MOVE WILL CERTAINLY GO A LONG WAY IN FURTHER POPULARIZING THE GAME IN THE COUNTRY.”

 

FIH CEO KELLY FAIRWEATHER NOTED: “HERO IS ONE OF WORLD’S LEADING BRANDS; THEREFORE TO PARTNER WITH ONE OF INDIA’S MOST SUCCESSFUL BUSINESSES ONCE AGAIN IS FANTASTIC FOR OUR SPORT. WE’VE ALREADY SEEN THE EFFECT THAT HERO’S COMMITMENT TO HOCKEY HAS HAD, ESPECIALLY IN INDIA WHERE THE NATIONAL MEN’S TEAM HAS ALREADY QUALIFIED FOR RIO 2016.

 

“THEIR SUPPORT EXTENDS MUCH BEYOND INDIA HOWEVER AS THEIR INPUT CONTINUES TO FUEL THE GROWTH OF HOCKEY AROUND THE WORLD. WE LOOK FORWARD TO WORKING WITH HERO IN RAIPUR AS WE AIM TO MAKE THE HERO HOCKEY WORLD LEAGUE FINAL A TRULY FANTASTIC EVENT FOR EVERYONE INVOLVED.”

 

FOLLOWING THE CONCLUSION OF THE HOCKEY WORLD LEAGUE SEMI-FINALS IN JULY, THE FIELD IS NOW SET FOR THE FINAL.

 

THE WORLD LEAGUE FINAL LINE-UP INCLUDES EIGHT NATIONAL MEN’S HOCKEY TEAMS WHO QUALIFIED THROUGH THE WORLD LEAGUE SEMI-FINALS IN BUENOS AIRES AND ANTWERP.

 

THEY INCLUDE AUSTRALIA, RANKED NUMBER ONE IN THE FIH WORLD RANKINGS, NETHERLANDS (2), GERMANY (3), BELGIUM (4), GREAT BRITAIN (5), ARGENTINA (6), HOSTS INDIA (8) AND CANADA (13).

 

THE EVENT WILL BE HELD IN THE 3,000 CAPACITY RAIPUR INTERNATIONAL HOCKEY STADIUM WHICH WAS OPENED AS A DEDICATED HOCKEY FACILITY IN AUGUST 2014.

 

HERO IS THE WORLD’S LARGEST MANUFACTURER OF TWO-WHEELED VEHICLES. IN 2001, THE COMPANY BECAME THE LARGEST TWO-WHEELER MANUFACTURING COMPANY IN INDIA AND ALSO THE WORLD’S LARGEST PRODUCER OF TWO-WHEELERS IN TERMS OF UNIT VOLUME SALES IN A CALENDAR YEAR – A POSITION IT CONTINUES TO MAINTAIN TO DATE

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ANOTHER BLOW TO THE CONSTITUTIONAL RIGHTS AND DEMOCRACY OF THE COUNTRY – RELIGIOUS OUTFITS SHUNTING THE DOORS OF SECULARISM IN INDIA

National Alliance of People’s Movements (NAPM) strongly condemns the murder of senior rationalist scholar Prof. M M Kalburgi and demands Govt. to order a probe into the matter immediately

August 31, 2015, New Delhi  : Prof. M. M. Kalburgi hailing from Dharwad, Karnataka, a renowned rationalist scholar and former Vice-Chancellor of Hampi University, Karnataka, was shot dead on 30th August 2015 by unidentified gunmen at his residence, at point blank range. The murderers escaped on a motorcycle. The National Alliance of People’s Movements strongly condemns the murder, which is suspected to be yet another attempt of right wing extremists to kill persons with rationalist views.

Earlier, leading rationalist and anti-superstition activist Dr. Narendra Dabholkar was murdered in Pune on 20th August 2013, and left leader and outspoken critic of Hindutva, Shri Govind Pansare was murdered in Kolhapur on 20th February 2015. This latest foul murder of Prof. M. M. Kalburgi, along with the earlier two murders, is suspected to have been committed by right wing religious extremists.

With a BJP government at the Centre providing tacit support, right wing Hindutva elements are emboldened and are increasingly coming out openly against persons who are merely critical of Hinduism. They are intolerant of persons who differ from them, and deliberately get “hurt feelings” or “hurt sentiments” at the slightest excuse. They choose to interpret even mere discussions, debates and statements about Hindu practices and rituals as an insult to Hinduism, and resort to threatening and attacking speakers and writers. They have also been indulging in “moral policing” accompanied by violence. If this trend is not immediately checked and turned back, the people of India will lose their freedom of speech and association, and India’;s secular democracy will turn into fascism.

So far, despite considerable popular uproar regarding the premeditated killings, the police has been unwilling or unable to make arrests in both Dabholkar and Pansare murder cases, which took place in broad daylight, just like the murder of Kalburgi. What is common to all three premeditated murders is that the victims had all been repeatedly threatened by right wing extremists due to their rationalist views and opposition to obscurantist beliefs.

Bajrang Dal, Vishwa Hindu Parishad and Shri Ram Sene have staged statewide protests against their views and are suspected to be responsible for the killings. Co-convenor of the Bajrang Dal’s Bantwal (Karnataka) cell, Bhuvith Shetty, showing his extremism towards religious freedom and independent views, is openly celebrating the murder with a tweet, which states: “Then it was U.R.Ananthamurthy and now M.M.Kalburgi. Mock Hinduism and die dogs (sic.) death. And dear K. S. Bhagwan you are next”. This is naked terrorism by a religious extremist, which government must urgently deal with in accordance with the law.

The Constitution of India guarantees liberty of thought, expression, belief, faith and worship to all citizens, and prescribes development of scientific temper, humanism and the spirit of inquiry and reform as every citizen’;s fundamental duty. The words and actions of these fundamentalist terror groups goes directly against the spirit of the Constitution. But governments have been lackadaisical, perhaps even deliberately so, in investigating these crimes and reining in the groups which have been issuing veiled as well as naked threats (like the tweet above) to persons who are rationalist in thought and belief.

The rise of religious fundamentalism is bringing the democracy and secularism of India into serious question, and may permanently and irreversibly destabilize the Republic. It is high time for government to declare these religious outfits as terror groups and take necessary actions against them. Without such stern and rapid action, we may soon witness situations like those happening in Bangladesh, where Islamic fundamentalists are killing rationalist bloggers.

The National Alliance of People’s Movements, therefore demands that

1)        CBI must thoroughly investigate the murders of Narendra Dabholkar, Govind Pansare and M.M.Kalburgi with a sense of urgency, arrest the suspected murderers and the guiding forces behind them, and ensure that sufficient hard evidence is made available to the public prosecutor to secure conviction.

2)        Prime Minister Narendra Modi must unequivocally declare his stand as well as the union government’;s stand regarding all the three premeditated murders, and institute procedures to deal with such acts of terrorism.

3)        Terrorist outfits regardless of the religion to which they belong or claim to support, must be declared as “terror groups” since, in direct contravention of the country’s democracy and secularism, they openly violate the freedom of speech by threatening and even eliminating persons who express different views. 

Medha Patkar – Narmada Bachao Andolan and the National Alliance of People’s Movements (NAPM); Prafulla Samantara – Lok Shakti Abhiyan & Lingraj Azad – Samajwadi Jan Parishad – Niyamgiri Suraksha Samiti, NAPM, Odisha; Dr. Sunilam, Aradhna Bhargava – Kisan Sangharsh Samiti & Meera – Narmada Bachao Andolan, NAPM, MP; Suniti SR, Suhas Kolhekar, Prasad Bagwe – NAPM, Maharashtra; Gabriele Dietrich, Geetha Ramakrishnan – Unorganised Sector Workers Federation, NAPM, TN; C R Neelkandan – NAPM Kerala; P Chennaiah & Ramakrishnam Raju – NAPM Andhra Pradesh, Dr. Sandeep Pandey, Arundhati Dhuru, Richa Singh, Nandlal Master – NAPM, UP; Sister Celia – Domestic Workers Union & Rukmini V P, Garment Labour Union, NAPM, Karnataka; Vimal Bhai – Matu Jan sangathan & Jabar Singh, NAPM, Uttarakhand; Anand Mazgaonkar, Krishnakant – Paryavaran Suraksh Samiti, NAPM Gujarat; Kamayani Swami, Ashish Ranjan – Jan Jagran Shakti Sangathan & Mahendra Yadav – Kosi Navnirman Manch, NAPM Bihar; Faisal Khan, Khudai Khidmatgar, J S Walia, NAPM Haryana; Kailash Meena, NAPM Rajasthan;Amitava Mitra & Sujato Bhadra, NAPM West Bengal; Bhupender Singh Rawat – Jan Sangharsh Vahini & Rajendra Ravi, Madhuresh Kumar and Shabnam – NAPM, Delhi 

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Aviation festival

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Dear Sophie,

The next phase of aviation innovation is happening right now and the Aviation Festival MENA is at the heart of it.

By 2020, just under 100 million passengers and over 4 million tonnes of air freight will pass through Dubai Airports.

To ensure your airline is profitable, successful and reaching the right networks to facilitate this growth, we’ve brought the biggest names in the aviation industry to Dubai to help.
> Click here to download the conference brochure now.

Learn from these leaders of the aviation industry:

  • Turkish Airlines, VP IT, Mustafa Egilmezbilek
  • Saudia Airlines, CEO, Abdul Mohsen Jonaid
  • Royal Jordanian Airlines, CEO, Captain Haitham Misto
  • Nok Air, CEO, Patee Sarasin
  • flynas, CEO, Paul Byrne
  • Regent Airways, CEO, Sam Issac
  • Libyan Wings, CEO, Edgardo Badiali
  • Bahrain Airport, COO, Mohamed Khalil
  • Pegasus Airlines, CCO, Guliz Ozturk
  • Los Angeles Airport, CIO, Dominic Nessi
  • Gulf Air, CIO, Dr Jassim Haji
  • Oman Air, CIO, Sourav Sinha
  • Gulf Air, COO, Captain Nasser Al Salmi
  • RwandAir, Deputy CEO & COO, Jean-Paul Nyirubutama
  • Spicejet, COO, Sanjiv Kapoor
  • IndiGo, Chief Aircraft Acquisition & Financing Officer, Riyaz Peermohamed
  • Emirates, Head of GDS, Ameen Malik Allibhoy
  • Dubai Airports, Head of Digital Media, Matt Horobin
  • Dubai Duty Free, SVP IT & Logistics, Ramesh Cidambi
  • flynas, CCO, Steve Allen
  • AirAsia Berhad, GM – India, Sri Lanka, Bangladesh, Suresh Nair
  • Somon Air, Commercial Director, Ejaz Khan,

 > Click here to download the conference brochure now.

This is a massive opportunity for you learn from the leaders in the Middle Eastern aviation industry.

Don’t miss the most exciting aviation event in the Middle East.

Best wishes,
Emma Taylor
Conference Manager

 

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CKP Header-Cven 28-08-15t

Cordially invite you to attend

The Fourth C K Prahalad Memorial Lecture 2015
delivered by

Raghuram Rajan 28-08-15
Dr. Raghuram Rajan
Governor, Reserve Bank of India
on

“Reforming the Financial Sector”

Friday, 18th September, 2015 | 10:00 AM  – 11:00 AM
Crystal Room, The Taj Mahal Palace, Mumbai

Ananta Aspen Centre and Confederation of Indian Industry cordially invite you to the Fourth C K Prahalad Memorial Lecture 2015.  Dr C. K Prahalad (1941-2010), management guru, teacher, thinker and visionary was passionate in his belief of India’s inherent potential and its chosen destiny. He  strongly felt that a country with a billion people should not look outward for “best practices” but innovate “next practices”.

His belief in the Indian capacity for innovation, given its diversity and interrogative intellectual traditions made him celebrate Indian achievement and achievers. In all of these he also demonstrated his belief that innovation should focus on those at the bottom of the pyramid. His contributions in management like ‘competitive advantage’, strategy as stretch’, fortune at the bottom of the pyramid’ and ‘co-creation’ will continue to excite students and colleagues to walk those roads.

KEYNOTE SPEAKER
Dr. Raghuram Rajan took over charge as the 23rd Governor of the Reserve Bank of India on September 5, 2013. Prior to that, he was the Chief Economic Advisor, Ministry of Finance, Government of India and the Eric J. Gleacher Distinguished Service Professor of Finance at the University of Chicago’s Booth School.  He was also Chief Economist at the International Monetary Fund (2003-2006). Dr. Rajan had chaired the Indian Government’s Committee on Financial Sector Reforms (2007-2008).

Dr. Rajan has attained his B.Tech (Elec.) degree from IIT, Delhi in 1985, MBA from IIM, Ahmedabad in 1987 and Phd from MIT, US in 1991.

His work spans a broad range of areas in financial economics, most important to the development of economies worldwide, ranging from the central role of banks in creating liquidity and the role of finance in economic growth to the nature of corporations and their financing.  He co-authored, “Saving Capitalism from the Capitalists” with Luigi Zingales in 2003. He then wrote “Fault Lines: How Hidden Fractures Still Threaten the World Economy,”for which he was awarded the Financial Times-Goldman Sachs prize for best business book in 2010.

Dr. Rajan is a member of the Group of Thirty. He was the President of the American Finance Association in 2011 and is a member of the American Academy of Arts and Sciences. In January 2003, the American Finance Association awarded Dr. Rajan the inaugural Fischer Black Prize for the best finance researcher under the age of 40. The other awards he has received include the global Indian of the year award from NASSCOM in 2011, the Infosys prize for the Economic Sciences in 2012, the Center for Financial Studies-Deutsche Bank Prize for Financial Economics in 2013, and the ‘Central Bank Governor of the Year’ Award by EuroMoney Magazine in 2014. In January 2015, he was named ‘Governor of the Year’ by the Central Banking Publications.

 CHAIR
Rahul Bajaj 28-08-15 Mr Rahul Bajaj, Chairman, Bajaj Auto Ltd.

Rahul Bajaj heads Bajaj Group of companies. Group activities include manufacture and sale of motorised two-, three- and four-wheel vehicles, home appliances, electric lamps, wind energy, special alloy and stainless steel, cranes, forgings, infrastructure development, material handling equipment, travel, general and life insurance and investment, consumer finance, and asset management.Mr Bajaj is a former member of the Rajya Sabha (the upper house of parliament), former chairman of Indian Airlines and former chairman of the board of governors of the Indian Institute of Technology, Bombay.

He is also a member and former chairman of the International Business Council, World Economic Forum; a member of the global advisory board, Harvard Business School; a member of the International Advisory Council of the Brookings Institution in Washington, DC; and a member of the executive board of the Indian School of Business. He is the recipient of many awards, including the Padma Bhushan from the government of India and honorary doctorates from six universities. He has a BA (honours) in economics, a law degree from Mumbai University and an MBA from Harvard.


WHEN
Friday, 18th September, 2015 |10:00 AM  – 11:00 AM
Registration begins at 09:30 AM. Please be seated by 09:45 AM

WHERE
Crystal Room, The Taj Mahal Palace, Mumbai

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