Presentation of Sovereigns Medal for Volunteers

Presentation of Sovereigns Medal for Volunteers

first_imgLt.-Gov. Arthur J. LeBlanc invested Jaime Battiste of the Eskasoni, First Nation, Cape Breton Regional Municipality, with the Sovereign’s Medal for Volunteers today, Jan. 25, at a ceremony at Government House, Halifax. Mr. Battiste, who currently works for the Mi’kmaw Kinamatnewey as treaty education lead for Nova Scotia, was recognized for his volunteer efforts to advance and educate others about Mi’kmaq law and treaty rights. His passion for educating others and for being involved has influenced many to develop the same interests and to devote their time to their community. In addition, he has volunteered as legal advisor to the Mi’kmaq Grand Council and is also an active volunteer with athletics, youth advocacy, and fundraising. “On behalf of The Queen and all Nova Scotians, it is a great pleasure and honour to recognize Mr. Battiste with this medal for his exceptional efforts to promote and preserve this very important aspect of Nova Scotia’s history, heritage and culture,” said Lt.-Gov. LeBlanc. “His voluntary efforts set a fine example for others.” Established in 2016 by then Gov.-Gen. David Johnston, the Sovereign’s Medal for Volunteers recognizes the exceptional volunteer achievements of Canadians from across the country in a wide range of fields. As an official Canadian honour, the Medal for Volunteers incorporates and replaces the Governor General’s Caring Canadian Award. The medal builds on the legacy and spirit of the Caring Canadian Award by honouring the dedication and commitment of volunteers.last_img read more

Innovation Rebates Approved

Innovation Rebates Approved

first_imgNova Scotia Business Inc. (NSBI) has approved two new business development incentives in the form of an innovation rebate. Agropur Cooperative is a North American dairy industry leader, with a complete line of dairy products. The Truro-based operation will use the rebate to create an innovative production line, novel to the national ice cream market in Canada. The company is eligible to earn a maximum innovation rebate of $1,843,776 through NSBI once the project is completed within three years. Scotian Gold is a grower-owned tree fruit cooperative that stores and packs over 50 per cent of the province’s apple production. The company is based in Coldbrook, King’s Co. and plans to expand its storages with new technology, equipment and software in order to increase fruit quality and extend the marketing season. The company is eligible to earn a maximum innovation rebate of $477,333 through NSBI once the project is completed within three years. To be considered for an innovation rebate, a company’s total project costs must be between $2 million and $15 million. An approved rebate is 25 per cent against eligible project costs. the Innovation Rebate Program was developed in consultation with Nova Scotia companies the Innovation Rebate Program provides financial incentives on projects that enable a company to increase innovation capacity through private-sector capital investments or adoption of new technologies and business processes companies may be eligible for a 25 per cent rebate based on eligible project costs, as defined in the Innovation Rebate Program Guidelines the total project cost must be between $2 million and $15 million. The maximum amount of eligible project costs to which the Innovation Rebate Program will be applied is $15 million the maximum rebate amount for an eligible project, including related parties, cannot exceed $3,750,000 over a 24-month period the innovation rebate works as a rebate against a company’s direct costs and is only paid out once the project is complete. Quick facts:center_img Information on NSBI transactions can be found at http://www.novascotiabusiness.com/fundingdisclosures . -30-last_img read more

Seoul scraps joint Olympic hockey team with Pyongyang

Seoul scraps joint Olympic hockey team with Pyongyang

first_imgSeoul: South Korea are dropping their plan for a joint women’s field hockey team with the North at the 2020 Tokyo Olympics, officials said Thursday, after Pyongyang failed to co-operate. Sporting ties triggered a rapid diplomatic thaw on and around the peninsula last year, but are stagnating with the wider process over the North’s nuclear arsenal deadlocked. The two Koreas formed their first-ever unified Olympic team — a joint women’s ice hockey squad — for the 2018 Winter Games in the South, where they proved a media sensation despite losing all five of their matches by a combined scoreline of 28-2. Also Read – We don’t ask for kind of tracks we get: Bowling coach ArunThe two Koreas then formed several joint teams for the 2018 Asian Games in Indonesia and in February agreed to send unified basketball, judo, field hockey and rowing squads to Tokyo. But just weeks later a summit between North Korean leader Kim Jong Un and US President Donald Trump collapsed in disagreement over sanctions relief and what Pyongyang would be willing to give up in return. That left North-South relations in limbo, with Pyongyang not responding to offers of talks or implementing previous agreements. Also Read – Bastian Schweinsteiger announces retirement, could join Germany set-upThe International Olympic Committee has stipulated that, in team sports, any joint team Tokyo entries must have qualified as a single unit. That means a joint women’s team needed to enter the IHF Women’s Hockey Series Finals in Ireland from June 8 to 16. Thursday was the deadline for submitting squads and, with the North not responding, the South decided to enter alone. “It will just be the South Korean team, not a unified team,” an official at the Korea Hockey Federation in Seoul told AFP. South Korea’s sports minister Park Yang-woo held out hope of a change of heart by Pyongyang. “We have repeatedly sent our request but there has been no response. We will wait until the very last minute,” he told reporters earlier this week. “If there is progress in talks for joint teams later, we will resume discussions but we have to prioritise the opinions of the athletes,” he said.last_img read more

Poll results have a strong message Himachal is changing CM Thakur

Poll results have a strong message Himachal is changing CM Thakur

first_imgThe Bharatiya Janata Party, which retained all four Lok Sabha seats in Himachal Pradesh, has set a record of sorts. The vote share of 69 pc scored by the BJP, is highest in the country, much more than 62 pc Prime Minister Narendra Modi’s home state Gujarat. Ashwani Sharma, Assistant Editor, the Millennium Post, spoke to Chief Minister Jai Ram Thakur at Shimla on Friday to get the sense of factors favouring the BJP landslide victory. The BJP has won all four seats with a very high margin. Your response? Also Read – Pak activated 20 terror camps & 20 launch pads along LoCThis was a rare, and unusual election. I never had doubts about winning all four seats. But, our goal, right from the beginning, was to increase the margin of victory. We have won Kangra Parliamentary seat by highest ever margin of 5.77 lakhs, Mandi 4.05 lakhs, Hamirpur 3.87 lakhs and Shimla (Reserve) 3.27 lakhs. There is not a single assembly constituency, including those of defeated Congress candidates and top leaders like Virbhadra Singh were the BJP hasn’t got a big lead. Nine constituencies have lead between 30,000 to 39,000 plus votes. Former CM Virbhadra Singh has admitted that he has never seen such a worst defeat of the Congress in his lifetime. Also Read – Two squadrons which participated in Balakot airstrike awarded citationsThe poll data shows a big jump in the BJP’s vote share in the state. A/ The vote share of the BJP in this election also has created a record in the BJP’s electoral history in the country. It’s 69 per cent – much higher than Gujarat’s 62 per cent. Even the percentage of the total votes polled is highest at 72 per cent in any Lok Sabha election. Some assembly constituencies, including my own (Seraj) polled 81 per cent votes. The number of women voted in the poll was as high as 74 per cent. This is highly satisfying. What kind of poll strategy was in place for the poll? Our poll strategy was very simple. Five years of Prime Minister Narendra Modi was high-point. We had started preparations for the 2019 poll immediately after 2014 elections. It’s not that we became active suddenly before the poll and achieved a landslide win. Our single point agenda was to see Modi’s return on the basis of good works he had done. Whether it was Ujjwala Yojana, Kisan Nidhi Yojana (some instalments already deposited to farmers’ bank accounts), Modi healthcare or other welfare schemes. The schemes trust in Modi’s leadership against hollow promises of the Congress, and lack of credible leadership. But, there was a nationalist agenda in the polls to woo the voters. A/ Not as such from our side. This was an issue which the people themselves got motivated. The people saw Modi as a decisive leader, who could strike lethally, after Pulwama, giving the Indian army a free hand to deal with those conspiring against India. There were people on the other side who were asking for proofs of surgical strike and Balakot, also raising questions and seeking count of the militants’ bodies at Balakote action. So you are giving credit of victory to Prime Minister Modi. Modi ji deserves all credits, besides our national president Amit Shah. Our seniors viz Shanta Kumar ji, Prem Kumar Dhumal—both former Chief Ministers, union health minister J P Nadda, state BJP president Satpal Satti, my cabinet ministers and MLAs everyone have worked hard. I have campaigned in all 68 assembly constituencies and held 106 poll meetings. Our organisational machinery and back-up strategy were also well coordinated. You were in Chief Minister’s role first time to lead the BJP to the polls. Was this election different? A/ Yes. This election was definitely different. There were people (leaders) who had misconceptions about themselves that political fortunes of the state swings with them. Pt Sukh Ram was one of them. The poll results have cleared their illusions. Himachal Pradesh has changed a lot. These leaders should accept the realities of change. How tough this election was for the BJP? A/ Every election is a challenge and should be fought decisively. Many people tried to create this impression that the election in Mandi, my home district, will be very tough. Former Chief Minister Virbhadra Singh said I could not come out of my assembly constituency Seraj. All such myths have been watered down. The percentage of votes polled by the BJP has a strong underlying message. Never before this, during the tenure of any earlier Chief Ministers, such a high margin of victory was scored by the BJP. The election of Krishan Kapoor from Kangra and resignation of Anil Sharma has created two vacancies in the cabinet. What will your fill-up these? These will be filled-up in due course after consultations with the party high command. But this will not come in the way of the government’s working and our goals on the development front. Once the new government is formed at the centre. What kind of help do you expect? Himachal Pradesh is lucky to get a liberal help from Modi ji. During the past one and a half year, I have worked in random with the centre, got projects worth Rs 10,000 crore sanctioned. We are working on the next agenda to explore more possibilities of help in areas like Tourism, infrastructure, Fruit processing, agriculture hydro-power and global investments.last_img read more

Twitterati pour advises for Sitharaman to rekindle economic growth

Twitterati pour advises for Sitharaman to rekindle economic growth

first_imgNew Delhi: India’s new Finance Minister Nirmala Sitharaman might not have spilled the beans on her plans to accelerate the economic growth rate, but the avid twitterati has been getting notes and advises regarding her next moves on the social media platform. Inundated with congratulatory messages, the Twitter handle of the new Minister of Finance and Corporate Affairs also contains in-depth advises on the next level of economic reforms and growth oriented moves that she should undertake. Also Read – Pak activated 20 terror camps & 20 launch pads along LoC As per Sitharaman’s Twitter handle, messages with themes such as the upcoming budget 2019, disinvestment, new economic reforms such as GST 2.0 have been gaining traction. Shivam Mehra tweeted: “We need a great investment in agriculture and property industry as they are the back bone of every business there. Today businesses are running but not at the expected level. Markets need some investment to shoot up. (sic).” On the Budget wishlist, Prasenjit Ghosh tweeted: “We need jobs! Reduce taxesIncentivize investments & exports Disinvest PSUs and give infra push Labour reforms to support SMEs (sic).” Also Read – Two squadrons which participated in Balakot airstrike awarded citations Similarly, J.V. Naidu tweeted: “Spare some miney for middle class , increase NIL tax to 10L PA , so that people have money to spend and money rotation is there and economy increases. “Give 1% rebate in GST for general public in retail sector who uses digital form of payment (sic).” These advises are understandable, as in the last 48-hours, macro data points have painted a gloomy picture of the economy, showcasing a slowdown in GDP growth rate and contraction in core industries’ production. Additionally, farm distress, unemployment and subdued consumer sentiment have aroused fears of a short-to-mid term slowdown. Furthermore, the slowdown has become evident in sectors such as automobile, FMCG and aviation. On the other hand, the relief came from another set of data which showed that India met its revised fiscal deficit target for the last fiscal year. Even the various employee associations of the many departments under her Ministry assured Sitharaman of support, which she will require to boost revenues and control expenditure. However, on whether any advise was adhered to or not will only be known once the hustle-and-bustle of the appointment subsides, and work begins on the full Union Budget for 2019-20. The budget will be presented on July 5, in which the new government’s priorities and programmes will be known. Besides the budget, the Economic Survey, which gives the status of the country’s economy, will be presented in Parliament on July 4. On Friday, Sitharaman after being the second woman Defence Minister, the first being Indira Gandhi, became the second woman to head the Finance Ministry, after the former Prime Minister. Sitharaman was among the three women who became part of the Union Cabinet in the 17th Lok Sabha. Before Sitharaman, Indira Gandhi was the only female Finance Minister who served for a short period. Prior to the Defence Ministry, Sitharaman held the Commerce and Industry portfolio.last_img read more

Communal clashes over use of loudspeakers in UP

Communal clashes over use of loudspeakers in UP

first_imgPilibhit: Communal tension prevailed in Rohaniya village in Uttar Pradesh’s Pilibhit district where a mob ransacked a temple and took away the idols. In the incident which took place on Wednesday evening, the mob also broke the loudspeakers in the temple. The police have registered a complaint against five men but no arrests have been made yet. According to reports, the temple situated on the outskirts of the village, attracts a sizeable crowd of devotees every evening and devotional songs are played on the loudspeakers. Also Read – Pak activated 20 terror camps & 20 launch pads along LoC The village has both Hindu and Muslim population. A mob reached the temple late Wednesday evening and asked them to stop using the loudspeaker, especially in view of the Eid celebrations. The people in the temple protested saying that the ‘namaz’ is carried out inside the village. The angry mob then cut off the wire of the loudspeaker and even removed the idols and threw them away. When the priest protested, the mob beat him up as well. The police was called in and the idols were restored in the temple. Tension continues to prevail in the village and additional forces have been deployed.last_img read more

Facebook to launch updated Portal devices in 2019

Facebook to launch updated Portal devices in 2019

first_imgSan Francisco: Social networking giant Facebook is set to launch updated version of its video chat device ‘Portal’ later in 2019. Andrew Bosworth, Vice President of Facebook’s Augmented Reality (AR) and Virtual Reality (VR) confirmed that the company has a lot more to unveil “later this fall”, related to Portal, The Verge reported on Monday. According to Bosworth, Facebook would also reveal some “new form factors” that Portal would be shipped with. Also Read – Spotify rolls out Siri support, new Apple TV app Speculations suggest these “new form factors” could include the “Ripley” device that has appeared in Portal firmware repositories, the report said citing TechCrunch. According to Cheddar, the device named “Ripley” would allow customers to attach a camera to the top of their television sets which would eliminate the need of a dedicated video chatting device. The device was first launched in November 2018. While the smaller device was priced at $199, the larger “Portal Plus” was made available for $349 with 10-inch display and 15-inch display, respectively. The device is also powered by Amazon’s voice assistant Alexa and comes with front cameras. “Hardware is coming to the home, and we want to make sure that human connection, connection between two people, is a first-party experience on that hardware,” Bosworth said.last_img read more

Me Too Nana Patekar gets clean chit from Mumbai police Tanushree cries

Me Too Nana Patekar gets clean chit from Mumbai police Tanushree cries

first_imgMumbai: In a relief to actor Nana Patekar, Mumbai Police has informed a local court that it has no evidence to prosecute him in a molestation case lodged against him by actor Tanushree Dutta. Dutta, whose complaint against Patekar in October last year sparked a nationwide ‘#MeToo’ movement on social media, expressed disappointment over the “clean chit” to him and called the police and the legal system “corrupt”. The suburban Oshiwara police on Wednesday filed a ‘B Summary’ report before a metropolitan magistrate in Andheri, Deputy Commissioner of Police Paramjit Singh Dahiya said. A ‘B-Summary’ report is filed when police do not find any evidence against the accused to file a charge sheet and seek trial. The magistrate court is yet to pass an order on the closure report.last_img read more

Sudan opposition chief US demand probe on protest crackdown

Sudan opposition chief US demand probe on protest crackdown

first_imgOmdourman (Sudan): Sudan’s veteran opposition leader Sadiq al-Mahdi called on Friday for an “objective” international investigation into last week’s deadly crackdown on protesters, after the ruling military council rejected such a probe. Mahdi’s call was backed by top US envoy Tibor Nagy, who urged an “independent and credible” investigation into the June 3 killings. Thousands of protesters who had camped outside the army headquarters in central Khartoum for weeks were dispersed in an operation which left dozens dead. Also Read – IAF receives its first Rafale fighter jet from France The crackdown followed the collapse of talks between protest leaders and generals, following the ouster of president Omar al-Bashir. The generals had repeatedly pledged they would not disperse the sit-in, but on Thursday admitted that “mistakes” had been made. Mahdi, speaking after attending Friday prayers at a mosque in Khartoum’s twin city of Omdurman, condemned the operation. “The protest’s dispersal was wrong. There should be an independent international investigation into it,” he told AFP. Also Read – Cosmology trio win Nobel Physics Prize “It’s important that the probe is objective and not biased in favour of the authorities.” Mahdi’s elected government was toppled in a 1989 coup led by Bashir, who then ruled for three decades before being ousted in April following mass protests. Nagy, the US assistant secretary of state for Africa, also called for an investigation. “The USA believe very strongly there has to be an investigation which is independent and credible which will hold accountable those committing the egregious events,” he said in the Ethiopian capital Addis Ababa, after a two-day visit to Khartoum. Along with the newly-appointed US special envoy to Sudan, Donald Booth, Nagy met with military council chief General Abdel Fattah al-Burhan on Thursday. The June 3 crackdown left about 120 people dead and hundreds wounded, according to doctors linked to protesters, while the health ministry put the death toll at 61. The protest movement has also called for an international probe, something rejected by the military council. “We do not accept an international investigating committee. We are a sovereign state,” council spokesman Shamseddine Kabbashi told reporters late Thursday. Expressing “regret” over the crackdown, Kabbashi said the plan had been to clear an area close to the sit-in — but “excesses happened”. He said the military is carrying out its own inquiry, whose findings are to be released on Saturday. On Friday, worshippers at the mosque linked to Mahdi’s National Umma Party appeared frustrated with the generals’ version of the crackdown. “The way the sit-in was dispersed was harsh and unacceptable,” said Salim Gebril, a university professor and member of the National Umma Party. “They (the military rulers) keep saying they are looking forward to reaching an agreement (with the protest leaders) but their tone sounded as if they may take another route.” Another worshipper, Abdelrahman Amir al-Tom, found the military council’s statement to be “extremely disappointing”. Protest leaders and generals have now agreed to resume talks after mediation led by Ethiopian Prime Minister Abiy Ahmed. Mahdi believes the mediation “may have a positive impact,” and may help both sides overcome the differences. “In the end, the military council cannot rule, that is clear, and civilian forces cannot talk about a future without the participation of the military council,” the former premier said.last_img read more

No H1B visa caps for data localisation US State Department

No H1B visa caps for data localisation US State Department

first_imgWashington: The US has no plans to impose caps on the H-1B work visas for nations that force foreign companies to store data locally, according to a state department official who said the Trump administration’s review of worker visa programmes is “completely separate” from the ongoing discussions with India over the free flow of data. The State Department spokesperson’s remarks came after reports emerged that the US had told India it was considering capping the H-1B visas at 10-15 per cent for countries that had a data localisation policy. Also Read – Merkel warns UK Brexit deal ‘unlikely’ without compromise: London The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. “The Trump administration’s Buy American Hire American Executive Order called for a broad review of US worker visa programmes, including the H-1B programme,” the spokesperson said. “This review is not targeted at a specific country and is completely separate from our ongoing discussions with India about the importance of ensuring the free flow of data across the borders,” the spokesperson said. Also Read – India, China should jointly uphold peace and stability, resolve disputes through dialogues: Chinese ambassador Two years ago, President Donald Trump signed the ‘Buy American and Hire American’ executive order, which seeks to create higher wages and employment rates for American workers and to protect their economic interests by rigorously enforcing and administering America’s immigration laws. It directed the Department of Homeland Security, in coordination with other agencies, to advance policies to help ensure the H-1B visas are awarded to the most-skilled or highest-paid beneficiaries. “The Trump administration has no plans to place caps on H-1B work visas for nations that force foreign companies to store data locally,” the spokesperson said. In New Delhi, Ministry of External Affairs spokesperson Raveesh Kumar on Thursday said no communication has been received on the issue from the US. International companies usually store data on global servers and the requirement to store data locally would require them to make an additional investment. But policymakers in India believe storing data locally would help monitor and conduct investigations if the need arises. The reported threat by the Trump administration to limit the number of H-1B work visas issued to technology professionals would need legislative changes by the Congress, legal experts in the US believe. Any such move by the US would harm the country, said Rick Rossow from the Center for Strategic and International Studies think-tank. “The move limiting Indians’ ability to use the H-1B programme would be a self-harming, short-sighted move for the United States,” he told PTI. “India has been an incredible source of much-needed technology talent for the last generation. And workers coming to the United States under the H1B programme are a crucial people-to-people bridge between our nations, Rossow said in response to a question. “The statute just doesn’t give them any leeway to do that and they are going to have to look elsewhere for leverage,” Lynden Melmeda, former chief counsel at US Citizenship and Immigration Services, told Forbes magazine. Cyrus Mehta, an immigration attorney, said, “The Congress would have to amend the law to award fewer H-1B visas to India. The current law does not authorise the US government to discriminate against a certain country within the annual H-1B limit. “It is very difficult for the administration to seek an amendment through the Congress given how polarised it is and that the two houses are controlled by different parties,” he argued. “Since the Congress sets the cap and it is in law (last revised in 2004) I don’t get how the administration could just make this change, said Alyssa Ayres from the Council on Foreign Relations think-tank. However, William Stock, a founding member of Klasko Immigration Law Partners, said that President Trump might use his executive authority to implement such a move. Stock said that Section 212 (f) of the Immigration and Nationality Act allows the president to define a category of foreign nationals and suspend their entry into the country if that entry is deemed to be detrimental to the interests of the United States.last_img read more

No six pack but Malinga still a biggame hunter Jayawardene

No six pack but Malinga still a biggame hunter Jayawardene

first_imgManchester: Former Sri Lanka captain Mahela Jayawardene praised Lasith Malinga for his ability to step up in big games after the paceman inspired his country’s shock World Cup win over England. Malinga returned figures of four for 43 to help Sri Lanka dismiss England for 212 as they stunningly beat the hosts by 20 runs in Leeds on Friday. The 35-year-old, often criticised for his unathletic body, rolled back the years at Headingley when he removed England openers James Vince and Jonny Bairstow. Also Read – Djokovic heaps praise on ‘very complete’ MedvedevHe then got rid of dangermen Joe Root and Jos Buttler to leave England in turmoil. It was a welcome riposte to the social media doubters who poked fun at Malinga when he was photographed with his shirt off exposing a portly belly before the England match. “It’s not about the six pack, it’s about the skill and Lasith Malinga showed that in spades in Sri Lanka’s win over England,” Jayawardene wrote in his column for the International Cricket Council. “He has done it so many times for Sri Lanka over the years but it was great to see him at his best. He was on a mission with the new ball. Also Read – Mary Kom enters quarterfinals, Saweety Boora bows out of World C’ships”Big players perform in big games and that is what he did, removing Root and then Jos Buttler who could have won the game for England as well.” Coming into the game as underdogs, Dimuth Karunaratne’s side blew open the race for semi-final places with their unexpected victory and Jayawardene said that is good for the tournament. England, bidding to win the World Cup for the first time, suffered their second defeat of the group stage following an equally surprising loss to Pakistan. “It’s a great win for Sri Lanka, but also for the World Cup and it opens things up a little,” said Jayawardene.last_img read more

Centre mulls various options for consolidation of PSU general insurers

Centre mulls various options for consolidation of PSU general insurers

first_imgNew Delhi: The government is exploring various consolidation options including merger of state-owned general insurance companies with New India Assurance with a view to create synergy and unlock value. The Department of Investment and Public Asset Management (DIPAM) under the Ministry of Finance is also looking at other options including stake sale in three state-owned insurance firms like National Insurance Company, Oriental Insurance Company and United India Insurance Company, sources said. Also Read – Maruti cuts production for 8th straight month in SepThe idea is to fast track stake sale in the public sector general insurance companies, which has been pending for the past two years, sources said. Various options including issuance of fresh shares which could be subscribed by New India Assurance are also being explored, they said, adding that direct sale of stake to New India is also in the consideration. Another option being considered is to merge all the four companies, instead of the proposed three, to create an LIC-type mega insurer in the general insurance space and avoid undercutting each other. Once the merger is complete, the government will go for a dilution of its stake in the broader entity. Also Read – Ensure strict implementation on ban of import of e-cigarettes: revenue to CustomsThe government had appointed E&Y as a consultant to see through the completion of the merger process. The consolidation in the public sector general insurance companies is part of disinvestment strategy of the government. In 2017, state-owned New India Assurance Company and General Insurance Corporation of India were listed on the bourses and exchequer earned money out of stake sale. The government has fixed disinvestment target of Rs 90,000 crore for the current fiscal as against Rs 85,045 crore in the previous fiscal. It is to be noted that the government, in the Budget 2018-19, had proposed to merge National Insurance Company, Oriental Insurance Company and United India Insurance Company. The Centre in the Budget had announced that the three companies would be merged into a single insurance entity. The process of merger could not be completed due to various reasons, including poor financial health of these companies. The two of these public sector companies are struggling to maintain the solvency ratio. As against the insurance regulator Insurance Regulatory and Development Authority’s (IRDA) solvency ratio norm of 1.5, National Insurance has an insolvency ratio of 1.5, while United India’s level is comparatively lower at 1.21.last_img read more

SC to hear Friday rebel AAP MLA Devender Sehrawats plea challenging disqualification

SC to hear Friday rebel AAP MLA Devender Sehrawats plea challenging disqualification

first_imgNew Delhi: The Supreme Court has agreed to hear on Friday a plea by rebel AAP MLA Devender Sehrawat challenging the disqualification notice issued to him by the Delhi Assembly Secretariat for joining the BJP allegedly before the Lok Sabha polls. A vacation bench comprising justices Sanjiv Khanna and B R Gavai on Thursday told senior advocate Soli Sorabjee, appearing for Sehrawat, that the matter will be listed for hearing on Friday. The bench told Sorabjee to serve a copy of the petition to the parties, including the Delhi Assembly Speaker and the Aam Aadmi Party (AAP).last_img read more

DHFL falls over 8 over delay in financial results

DHFL falls over 8 over delay in financial results

first_imgMumbai: DHFL scrip slipped over 8 per cent after the company postponed the declaration of its financial results for the March quarter. In a regulatory filing, the company said that owing to “certain unforeseen operational engagements”, including non-availability of a few directors on the date of the board meeting, the financial results for the March quarter had been postponed to July 13, 2019. At 1.32 p.m., the DHFL scrip was trading 8.02 per cent lower at Rs 75.15 per share. The scrip fell over 34 per cent in the past one month. Earlier in the week, the scrip had taken another hit when the mortgage lender had partially defaulted on its commercial paper.last_img read more

Stop calling luxury cars as sin goods reduce GST JLR

Stop calling luxury cars as sin goods reduce GST JLR

first_imgNew Delhi: The government should stop classifying luxury cars as sin goods and reduce tax burden on such vehicles, as manufacturers contribute healthily in the country’s economic growth, according to Jaguar Land Rover India. Stating that heavy tax burden has restricted growth of the luxury car market in India, Jaguar Land Rover India President and Managing Director Rohit Suri told PTI that if the criteria of sin goods classification is based on expensiveness, then even going to five-star or wearing expensive shirts and shoes would also be ‘sin’. Also Read – Maruti cuts production for 8th straight month in Sep At present luxury vehicles in India attract top GST slab of 28 per cent and additional cess of 20 per cent on sedans and 22 per cent on SUVs, taking the total tax incidence to 48 per cent and 50 per cent, respectively. “The government calls it (luxury vehicles) sin goods. This does not allow the market to grow. We can’t understand how it is a sin-good. I can understand something which impacts your health like cigarettes but does driving a car impact your health?” Suri said. Also Read – Ensure strict implementation on ban of import of e-cigarettes: revenue to Customs He argued that it was unfair to classify luxury vehicles as sin goods just based on the expensiveness, without looking at their contribution to India’s economic development, such as by providing employment across the value chain. “If you classify this (luxury vehicles) as sin goods then there are ten more goods like wearing expensive shirts or shoes, which are also sin…In that case, every five-star hotel should be sin and people going there should be called sinners. “We employ around 2,400 people. We give employment to people across our value chain. If the market remains restricted then we are going to be handicapped,” Suri said. At present, the Indian luxury vehicles market is around 40,000 units annually, and JLR with its product portfolio addresses a segment of around 27,000 units. “The market size is small, all because of the high GST rate that the government continues to apply,” he added. “We are very keen, we are hoping that the government will stop calling us sin goods. Do you want to stop the growth of the industry by classifying it as sin goods? It is something we are clearly not happy with the way it is being branded,” Suri lamented.last_img read more

Wont tolerate mob lynching or any crime Jharkhand CM

Wont tolerate mob lynching or any crime Jharkhand CM

first_imgRanchi: Jharkhand Chief Minister Raghubar Das has asserted that there will be no discrimination on the basis of caste or religion while dealing with those involved in mob lynching or other crimes and anarchy won’t be tolerated.Talking about the recent lynching of a Muslim youth, accused of stealing a motorcycle in Saraikela Kharsawan district, he said, “My government strongly condemns this incident. Our commitment is to punish the criminals… Jharkhand is the only state in the country where such cases are taken up on a fast-track basis with quick punishment to the guilty.” Also Read – How a psychopath killer hid behind the mask of a devout laity!Prime Minister Narendra Modi had last month said in Rajya Sabha that this lynching incident pained him and the guilty should get severest punishment. He, however, said that for this incident, the entire state should not be pronounced guilty and everyone put in dock. Tabrez Ansari was beaten up by a mob and a video showed that he was purportedly made to chant ‘Jai Shri Ram’ and ‘Jai Hanuman’. He later died. Das urged people to refrain from taking law in their hands and expressed his government’s commitment to “punish the criminals” irrespective of caste or the religion. Also Read – Encounter under way in Pulwama, militant killedHe also lashed out at the opposition for “giving a communal colour” to stray incidents and said things should not be blown out of proportion and “the government or any particular political party should not be blamed for such incidents”. It is a matter of great sadness that the opposition starts playing politics on such issues, he said. “Be it this kind of crime or any crime, my government will not tolerate any anarchy… There will be no discrimination in punishing criminals… the colour of blood is the same. Our motto is to ensure communal harmony, peace and brotherhood,” Das told PTI in an interview here. He said his government has constituted a special investigation team to probe the incident and 11 people have been arrested and two police officers suspended. According to him, there had been lynching cases during Congress regime too but this is the first time that action against the guilty is being taken through fast-track courts in Jharkhand. Das said that Jharkhand has followed SC guidelines fully in this regard. The apex court had in 2018 said that “horrendous acts of mobocracy” cannot be allowed to overrun the law of the land and issued a slew of guidelines to deal with such cases. PTIlast_img read more

SSKM doctors conduct rare surgery to remove foreign object from boys chest

SSKM doctors conduct rare surgery to remove foreign object from boys chest

first_imgKolkata: A team of doctors conducted a rare surgery and saved the life of a six-year-old boy at SSKM Hospital on Sunday.According to sources, the patient identified as Rohit Dolui of Daspara at Ghatal in West Midnapore was suffering from cough, fever and breathlessness since last three years. Despite he was treated by several doctors, none could identify exactly what was the problem. In every occasion, when he fell sick with symptoms of fever, nausea, cough and breathlessness doctors reportedly prescribed antibiotics and other medicines but failed to Also Read – Centuries-old Durga Pujas continue to be hit among revellersdetect the actual cause of the problem. Rohit’s mother Manabi had informed doctors that her elder son said Rohit had swallowed something three years ago but no doctors could find any foreign object inside his chest. Since May this year, Rohit’s condition started deteriorating. Recently Manabi took him to a doctor at Panskura who advised her to take him to some hospital in Kolkata. On Saturday, Manabi brought her son to SSKM Hospital. After preliminary check, concerned doctor had a look on the ‘Fiber Optic Bronchoscopy’ report and found something is stuck on the lower right part of the lungs. Immediately X-ray and other necessary examinations were done. Also Read – Bengal family worships Muslim girl as Goddess Durga in Kumari PujaFollowing the tests, doctors decided to operate on Rohit’s chest to remove the foreign object. A medical team was set up under the leadership of ENT head of the department Arunava Sengupta. On Sunday, after almost a hour of surgery doctors successfully removed a small object made out of plastic from Rohit’s chest. According to doctors, this case was very rare case as the boy was carrying a foreign object almost adjacent to his lungs since the past three years. This could have been fatal if the object remained inside for a few more days. According to doctors, Rohit’s condition was stable and he had been kept under observation.last_img read more

Hima Das returns to 400m run grabs 5th gold in July

Hima Das returns to 400m run grabs 5th gold in July

first_imgNove Mesto (Czech Republic): Indian sprinter Hima Das extended her sensational run by claiming her fifth gold of the month as she returned to her pet 400m competition with a season-best time of 52.09 seconds here. The timing on Saturday slower than her personal best of 50.79 seconds, which she managed at the Jakarta Asian Games and she also narrowly missed out on the World Championships qualifying mark of 51.80. However, it was better than the timing of 52.88, which she managed earlier in the season. Also Read – Puducherry on top after 8-wkt win over ChandigarhIt was Hima’s fifth gold medal since July 2 when she ran her first competitive race in Europe. In her first competitive 200m race of the year, she clocked 23.65 on her way to gold at the Poznan Athletics Grand Prix in Poland on July 2. After that, she won her second 200m gold at the Kutno Athletics Meet, also in Poland, on July 7 with a time of 23.97. On July 13, she won her third 200m gold at the Kladno Athletics Meet in Czech Republic with a time of 23.43 while her fourth gold came at the Tabor Athletics Meet in the same country on Wednesday. Also Read – Vijender’s next fight on Nov 22, opponent to be announced laterIt was the first competition in 400m for the 19-year-old from Assam, fondly called the ‘Dhing Express’, since she struggled to finish the Asian Athletics Championship in April this year because of a back issue. Meanwhile, MP Jabir also won a gold in the 400-metre hurdles race, clocking 49.66 but Mohammad Anas settled for a third-place finish in the 200m with a timing of 20.95 seconds. Winning a silver was Nirmal Noah Tom in the 200m event with a 46.05.last_img read more

Punjab Haryana CMs pay tributes to Udham Singh

Punjab Haryana CMs pay tributes to Udham Singh

first_imgChandigarh: Rich tributes were paid on Wednesday, the martyrdom day of Udham Singh, who devoted his life to avenge the Jallianwala Bagh massacre. Remembering the freedom fighter, Punjab Chief Minister Amarinder Singh tweeted: “Humble tributes to Sardar Udham Singhji who sacrificed his life to avenge the Jallianwala Bagh massacre. The saga of his courage and valour would remain forever etched in the hearts.” Haryana Chief Minister Manohar Lal Khattar said: “Heartiest tributes to the brave son of Mother India Shaheed Sardar #UdhamSinghji on his ‘Balidan Diwas’. The nation will always be grateful for your commitment & supreme sacrifice.” Also Read – Uddhav bats for ‘Sena CM’ Actor-politician Sunny Deol also remembered the freedom fighter. The Bharatiya Janata Party (BJP) MP from Gurdaspur Lok Sabha Constituency, Sunny Deol, tweeted a picture of Udham Singh and wrote: “Salute to courage, valour and sacrifice of martyr Udham Singh.” Belonging to the Ghadar Party, Udham Singh was hanged on July 31 in 1940 for assassinating Michael O’ Dwyer, the former Lieutenant Governor of Punjab. The assassination was in revenge for the Jallianwala Bagh massacre in Amritsar in 1919.last_img read more

Rebel CongJDS Karnataka leaders move SC against disqualification

Rebel CongJDS Karnataka leaders move SC against disqualification

first_imgNew Delhi: Rebel Congress-JD(S) leaders from Karnataka on Thursday moved the Supreme Court challenging their disqualification as MLAs from the state assembly.A total of 17 rebel MLAs were disqualified from the House ahead of the July 29 trust vote moved by then chief minister H D Kumaraswamy. Kumaraswamy lost the floor test, paving way for a BJP-led government in the state under B S Yediyurappa. Two rebel Congress leaders — Ramesh L Jharkhiholi and Mahesh Kumathalli — and an independent leader R Shanker, who were disqualified on July 25, had moved the apex court on July 29. Other 14 rebel MLAs were disqualified on July 28 by then Speaker K R Ramesh Kumar. After the fall of the Congress-JD(S) government on July 29, Ramesh Kumar had resigned as the Speaker. Also Read – Uddhav bats for ‘Sena CM’The disqualified JD(S) MLAs — A H Vishwanath, K Gopalaiah and Narayana Gowda — filed a joint petition challenging the July 28 decision of disqualification by K R Ramesh Kumar. The Congress MLAs who have approached the apex court are Prathap Gouda Patil, B C Patil, Shivaram Hebbar, S T Somashekar, Byrathi Basavaraj and Munirathna. Other Congress leaders who were also disqualified are Roshan Baig, Anand Singh, M T B Nagaraj, Sudhakar and Sand Shrimant Patil. They have sought direction for quashing and setting aside the order of the Speaker rejecting the resignations tendered by them. Also Read – Farooq demands unconditional release of all detainees in J&KIn the petition, they have also narrated the sequence of events leading to their disqualification and sought a direction to call for records of the proceedings before the Speaker, pertaining to the resignation and disqualification proceedings against them. The rebel leaders have alleged that the decision taken by Ramesh Kumar before his resignation as the Speaker was wholly “illegal, arbitrary and mala fide” exercise of his power under the 10th Schedule of the Constitution. They also questioned his decision to reject their resignations by holding that it was not voluntary and genuine. They alleged that the Speaker acted in haste as he had received a letter from the party to take action accordingly, adding the action of the Speaker is thus in violation of the fundamental rights of the petitioners guaranteed under Articles 19 & 21.last_img read more