Halifax accueille des conférences avant le commencement des Jeux

first_imgLes trois conférences qui se tiendront à Halifax sur une période de dix jours accueilleront plus de 160 délégués de partout au Canada en préparation des Jeux de 2011 qui auront lieu en février. Ces conférences permettront aux représentants des équipes de mission de chaque province et territoire, aux conseillers techniques de 20 organisations sportives nationales et aux commanditaires de recevoir une mise à jour des progrès effectués en ce qui concerne la planification et l’exécution des Jeux et l’occasion pour ceux-ci de fournir de la rétroaction à la Société hôtesse. Ces conférences sont les deuxièmes pour chaque groupe: la conférence de mission (M2), la conférence technique (T2) et celle des commanditaires (S2). « C’est une tradition pour la Société hôtesse de tenir ces conférences une à deux fois avant le commencement des Jeux » dit Chris Morrissey, directeur général des Jeux. « Elles assurent que tout est en place au moment de l’arrivée à Halifax des athlètes, des officiels, des dignitaires et des autres invités qui participeront aux Jeux dans à peine plus de quatre mois. » Les délégués visiteront les sites des Jeux et vivront l’expérience de la ville et des communautés. Les Jeux seront l’hôte de la conférence M2 du 28 au 30 septembre, la conférence T2 aura lieu du 30 septembre au 2 octobre et la conférence S2 se tiendra du 4 au 6 octobre. Les Jeux d’hiver du Canada de 2011 seront le plus important événement multisports jamais tenu à Halifax et les premiers Jeux d’hiver du Canada pour la ville. Du 11 au 27 février, plus de 2 700 athlètes prendront part à des compétitions dans plus de 20 sports attirant ainsi des milliers de visiteurs, de dignitaires, d’officiels et de membres des médias. Organisés tous les deux ans, alternant entre l’été et l’hiver, les Jeux du Canada sont un événement capital pour le développement des jeunes athlètes du pays en les préparant à devenir les champions de demain, que ce soit au plan national, international ou olympique.last_img read more

Tags: , , , , , , , , , , ,

DEO launches 12 documentaries to encourage voters

first_imgKolkata: The District Election officer (DEO), North Kolkata, on Monday launched Ek Dojon Goppo, a collection of 12 audio-visual documentaries which will be displayed at various parts of the North Kolkata Parliamentary constituency including multiple Metro railway stations, in order to encourage the people to cast their votes.The move has been undertaken as the Election Commission has observed a low turnout of voters during the last Lok Sabha Election in 2014 and the Assembly elections in 2016. Apart from the audio-visual documentaries, the office of the DEO North also released a jingle titled Amar Gorber Kolkata, Amar Nirbhoy Vote, which will be played in Metro stations and on social media, to enthuse interest among the voters. The documentaries have a duration ranging between 35 seconds and 1.18 minutes. They will be played in Metro stations from Tuesday. The videos will also be uploaded on various social media platforms. “We have requested the Metro Railway authorities to play our documentaries and they have agreed to do so. We are also uploading them on social media to reach out to the maximum number of people. Apart from the documentaries, we are also staging street dramas in various Assembly constituencies, encouraging the voters to take part in the electoral franchise,” said Dibyendu Sarkar, DEO North Kolkata. Sarkar also said that during the Lok Sabha elections in 2014, the voter turnout in North Kolkata remained at 66.65 percent, which was a little lower than the average turnout in Bengal. The Chowringhee Assembly segment recorded the lowest turnout of 57.73 percent during the last Lok Sabha. It was the lowest turnout of voters in any Assembly constituency in the state in 2014. Similarly, during the Assembly elections in 2016, North Kolkata recorded an average voting percentage of 64.27, which was again lower than the average turnout in the state. According to Sarkar, the reason of low turnout in North Kolkata is apparently the migration of voters. Many persons who stay here for work and are the voters of North Kolkata, often go to their native places during the elections. The audio-visual documentaries capture various traditional aspects of the lives of the people in North Kolkata. One of the stories captures the mood of a rickshaw-puller, while the other depicts heritage trams. Videos have been made on various themes like Jorasanko Thakur Bari, Old Kolkata Adda, College Street, wrestling and others. Through all the documentaries, an appeal has been made to the voters to exercise their franchise.last_img read more

Tags: , , , , , , ,

92 largecap equity funds underperformed in 2018

first_imgNew Delhi: Most of the large-cap equity funds and government bond funds underperformed their benchmark indices over the one-year period ending December 2018, says a report. According to S&P Indices Versus Active (SPIVA) India scorecard, 92 per cent of the large-cap equity funds, 25.6 per cent of mid, small-cap equity funds and 81.6 per cent of government bond funds underperformed their respective indices over the one-year period ending December 2018. Also Read – Thermal coal import may surpass 200 MT this fiscalThe large-cap equity funds are compared to S&P BSE 100 index, while mid, small-cap equity funds to S&P BSE 400 mid, and small-cap index respectively. “The large-cap equity funds witnessed a low survivorship rate (66.7 per cent) over the 10-year period and a low style consistency (42 per cent) over the one-year period ending December 2018,” S&P Dow Jones Indices Associate Director, Global Research & Design Akash Jain said. Over the 10-year period, the return spread for actively managed large-cap equity funds, between the first and the third quartile break points of the fund performance, stood at 3.4 per cent, pointing to a relatively large spread in fund returns. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostIn line with the historically volatile nature of the mid, small-cap segment of the Indian equity market, the return spread for actively managed mid, small-cap equity funds was even higher at 5.3 per cent over the same period, the report said. The asset-weighted return for large-cap equity funds was 72 bps higher than the equal-weighted return over the 10-year period. During the same period, the asset-weighted return of Indian equity mid, small-cap funds was 91 bps higher than their benchmark, the S&P BSE 400 mid small-cap index. “Over three-year period, 88.1 per cent of ELSS Funds have underperformed their respective benchmarks and the return spread between the first and third quartile break points of the fund performance was 3.7 per cent over the 10-year period,” it said. The SPIVA India Scorecard reports on the performance of actively managed Indian mutual funds compared to their respective benchmark indices over one, three and five-year investment horizons.last_img read more

Tags: , , , , , ,

Mediterranean Days on Water Information Systems

first_imgRabat – A gathering on Water Information Systems will take place at the Faculty of Sciences of Rabat, in order to prepare for the meeting scheduled for the 20 & 21 March 2014. The meeting will focus on Water Information Systems in the Mediterranean region.Obviously, water is the most vital natural resource for our own survival, thus preserving it is crucial. Achieving this objective requires more involvement from water users and those participating in the management of water resources by raising awareness and providing information about this resource. The key is the use of, Water Information System (WIS), which allows the following: the production, the collection, the archiving, the development, and the availability of data around this natural resource.What is a WIS? What’s its composing? How can we implement it? What are the available technologies required for such a system? What are the existing experiences in this area? And what would be the opportunities and at the same time the limits of development?The answer to these questions and many more will be given and explained by the Moroccan Association of Young Geometricians (MAYG) at the gathering organized under the theme of: “Water Information Systems: Innovations, Challenges and Prospects,” on Saturday, November 7th, 2013 at the Faculty of Sciences of Rabat, starting from 9am.It should be noted that the MAYG is organizing this gathering, not only for a better exchange, but also to pave the way for the International Congress “WIS Med’s Day” (Water Information System Med Day’s) set in 2014.last_img read more

Tags: , , , ,

US home sales tumbled 12 per cent in January

WASHINGTON — U.S. home sales fell 1.2 per cent in January to their worst pace in more than three years, as persistent affordability problems have put a harsh chill in the real estate market.The National Association of Realtors said Thursday that sales of existing homes declined 1.2 per cent to a seasonally adjusted annual rate of 4.94 million last month, the slowest sales rate since November 2015.During the past 12 months, sales have plunged 8.5 per cent. Would-be homebuyers are increasingly priced out of the market as years of climbing prices and strained inventories have made ownership too costly. A solid job market has done little to boost sales, with the sharpest annual sales declines being among homes priced less than $250,000.Still, buyers may find some relief as average mortgage rates have declined this year and price growth has slowed. The median sales price in January was $247,500, a slight increase of 2.8 per cent from last year. After eclipsing wage gains for several years, home prices in this report are now increasing at a slower rate than average hourly earnings.On a monthly basis, home sales fell in the Midwest, South and West. Sales increased in the Northeast.Josh Boak, The Associated Press read more

Tags: , , , ,

SriLankan flight returns to Bangkok after smoke in cabin

Upon landing safely,to avoid prolonged exposure to smoke in the cabin, the pilot took the decision to disembark all passengers at a remote bay onto the tarmac using passenger disembarking steps which is an industry standard safety practice. Later aircraft engineers at Suvarnabhumi airport rectified the fault and the aircraft was cleared to fly after a thorough inspection. Flight UL891 finally departed Bangkok at 0337 hours on Friday with 235 passengers and landed at Bandaranaike International Airport at 0525 hours. Another 30 passengers were rerouted to the next available flight UL403 which arrived in Colombo today at 1100 hours. SriLankan Airlines flight UL 891 from Bangkok to Colombo returned to base at Bangkok’s Suvarnabhumi Airport today, after a malfunction in the air conditioning system which resulted in smoke accumulation in the cabin.The aircraft landed safely. SriLankan Airlines says none of the 263 passengers or the crew were injured.Flight UL 891 departed Bangkok at 2209 hours (Bangkok time). The smoke was detected after 19 minutes in the air. The operating crew immediately took steps to shut down the air conditioning system and requested urgency to land at Suvarnabhumi airport. The airline commended the crew of UL891 who were led by a captain with over 25 years flying experience, for handling the situation.SriLankan reiterated that the airline always maintains the highest safety standards the industry requires, and considers the well-being of the passengers its foremost priority which under no circumstance will be compromised. (Colombo Gazette) read more

Tags: , , , , ,

Somalia UN envoy welcomes progress in regaining key towns from insurgents

In a news release issued by the UN Assistance Mission in Somalia (UNSOM), Mr. Kay congratulated the Somali National Army (SNA) and the AU Mission in Somalia (AMISOM) on their efforts in south-central Somalia. He added that the UN will continue support the joint operations, and stressed the importance of ensuring that international humanitarian law and human rights are fully respected during these operations.The SNA and AMISOM have been pursuing a renewed offensive against Al Shabaab insurgents, who in 2011 were forced to retreat from the capital, Mogadishu. In a briefing to the Security Council last week, Mr. Kay, the Secretary-General’s Special Representative for Somalia, noted that the new offensive is “the most significant and geographically extensive military advance” since AMISOM was created in 2007. In a statement issued to the press today, the Council strongly condemned Tuesday’s attack on a hotel in Bula Burde, for which Al Shabaab has claimed responsibility and has caused numerous deaths and injuries. The victims included members of the SNA, AMISOM and civilians.“The members of the Security Council paid tribute to the Somalia National Army and AMISOM for the efforts and sacrifices they are making in the fight for a stable and peaceful Somalia,” the 15-member body said.Noting that fighting has affected civilian populations, Mr. Kay said today that the UN and international partners have begun addressing humanitarian needs where access is possible and needs are assessed.“Somalis living in areas now under Government control should quickly receive what they need: better security and justice, services such as health and education and a decent livelihood.”He welcomed contributions made by international partners to the Government’s efforts to ensure Somalis benefit from peace and stability, and called for more international support. “This is a turning point in Somalia’s struggle to bring lasting peace to all its people. Its friends and partners need to act quickly and generously.”He added that the UN is supporting the stabilization efforts, including by immediately making available $3 million from its Peacebuilding Fund, which provides financing to jump-start rebuilding projects in countries emerging from conflict. After decades of factional fighting, new Somali national institutions emerged in 2012, as the country ended a transitional phase toward setting up a permanent, democratically-elected Government. read more

Tags: , , , , , , , , ,

Visitor numbers drop at London museums as tourists can no longer rely

first_imgOverall, outdoor attractions did particularly well reflecting, Mr Donoghue said, an increased creativity in their displays, attractions and partnerships.Next year, he said: “The challenge for the big London attractions is not necessarily getting the numbers any more, because actually their programming is globally impressive.”The real challenge in the years to come will be ensuring that every one of those people gets a fantastic visiting experience.”A spokesman for Southern Rail has not yet responded to a request for comment. The V&A’s drop in numbers is in part due to a blockbuster year in 2015, when the Alexander McQueen show broke records The V&A's drop in numbers is in part due to a blockbuster year in 2015, when the Alexander McQueen show broke records The Natural History Museum Sir Nicholas Serota oversaw a triumphant opening of the new Tate Modern Mr Donoghue said: “ It seems sort of petty, but what actually had a real effect was Southern Rail.”Some research was commissioned which showed that one of the things which deterred people from the south of England going into London was their concern that they wouldn’t be able to get there and get back on Southern Rail.”Those using the rail company have complained of chaos thanks to a series of strikes.He added that figures would also have been affected by a drop in the total number of leisure travellers to the UK in the first part of the year, some venues undergoing refurbishment and others coming off a “blockbuster year” in 2015. The number of people visiting some of London’s most popular tourist attractions fell last year by more than a million last year, as museum and gallery-goers can no longer rely on trains to get them there, an industry leader has warned.The British Museum, V&A, National Portrait Gallery and Natural History Museum all saw a significant drop in visitor numbers in 2016 compared with the previous year, according to figures released today.Attractions across London as a whole saw an overall increase of just 0.1 per cent, while the UK average growth across 241 tourist sites was 7.2 per cent, including 15.6 per cent in Scotland.Bernard Donoghue, director of the Association of Leading Visitor Attractions (Alva), which published the figures, said the results in London were down partly to Southern Rail’s ongoing dispute, as well as terror fears and a drop in leisure visitors from overseas. Tate Britain was down 15.9 per cent, likely to be the result of a major revamp of its sister gallery Tate Modern, which increased its numbers by almost a quarter to 5.8 million.The Royal Academy credited its 17 per cent increase to 1.3 million visitors to several exhibitions including Painting the Modern Garden: Monet to Matisse last spring.Chester Zoo was the most popular attraction outside of London, in 12th place overall with 1.9 million visitors, up 12 per cent.The National Museum of Scotland, which opened 10 new galleries last year, took the top spot in Scotland due to a 16 per cent rise to 1.8 million visitors.center_img Disruption to trains has hit visitor numbers in London The Natural History Museum Sir Nicholas Serota oversaw a triumphant opening of the new Tate Modern Disruption to trains has hit visitor numbers in London He added that the UK referendum had a positive impact on visitor numbers as the fall in the value of sterling helped encourage a surge in visitors from September through to the end of the year.“We do know that there were some fears, both on the part of international visitors, and domestic families, there were security concerns about London,” he said.The ALVA figures show the British Museum maintaining its position as the most popular tourist attraction despite suffering a 5.9 per cent drop in visitors to 6.4 million.The Natural History Museum dropped 12 per cent to 4.6m, while the V&A’s similar 12 per cent drop left them with 3m. Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings.last_img read more

Tags: , , , , , , , , ,

Danijel Andjelkovic out for 6 months

← Previous Story EHF CL 2010/2011 (TOP 16): Barcelona with seven goals to Veszprem Next Story → Danijel Šarić out for five weeks The player of Toulouse, and formerly of Pick Szeged, Danijel Andjelkovic, has been injured during the league match against Saint Raphael, and the diagnosis are not good. He has a dislocated shoulder, and this means he will have to undergo a surgery, and will be out between 4 and 6 months. This means a serious blow for the team and will definitely might hurt their might for the rest of the matches this season.

Tags: , , , , , , , , ,

New video shows only American soldier still held by Taliban is alive

first_imgTHE UNITED STATES has obtained a “proof of life” video of US soldier Bowe Bergdahl, who has been held captive by Afghan insurgents since 2009, a senior official has confirmed.It was the first video providing proof Bergdahl was still alive in more than three years. The US Army sergeant is the only American soldier held captive by Taliban militants.“We received a proof of life video,” the official, who spoke on condition of anonymity, said.The video shows a frail Bergdahl making a reference to the recent death of South African leader Nelson Mandela, according to NBC News, citing unnamed officials.In September, US Defence Secretary Chuck Hagel promised to keep up efforts to win Bergdahl’s safe release.The soldier disappeared in June 2009 from a base in eastern Paktika province and the Taliban later said they had captured him.US officials at one point considered a possible swap in which Bergdahl would be let go in exchange for the release of Taliban members held at the US-run prison in Guantanamo Bay, Cuba. But the deal was never clinched.- © AFP, 2014Read: Family of young Irish boy abducted to Egypt want help from Government > Read: Victim, 16, tells her Ask.fm followers about her kidnap and family’s murder >last_img read more

Tags: , , , ,

Grossesse faire écouter de la musique à bébé stimulerait son cerveau

first_imgGrossesse : faire écouter de la musique à bébé stimulerait son cerveauSelon une nouvelle étude, faire écouter de la musique aux bébés encore dans le ventre de leur mère stimulerait le développement de leur cerveau.Les bénéfices de la musique sont multiples, même au stade fœtal. Aussi, beaucoup de femmes enceintes, jouent ou font écouter des mélodies à leur futur bébé. Une nouvelle étude menée par des chercheurs finlandais assure que cette habitude est bénéfique : elle permettrait de stimuler le développement du cerveau des bébés.”Même si nous avions déjà montré que les fœtus peuvent apprendre des détails mineurs d’un discours, nous ne savions pas combien de temps ils pouvaient conserver l’information” explique Eino Partanen co-auteur de l’étude et chercheur à l’Université d’Helsinki. Il poursuit : “Ces résultats montrent que les bébés sont capables d’apprendre à un très jeune âge, et que les effets de cet apprentissage restent apparent dans le cerveau pendant une longue période”.Pour en arriver à de telles conclusions, les chercheurs ont demandé à des femmes enceintes de jouer durant les trois derniers mois de leur grossesse la musique d’”Ah ! Vous dirais-je maman” à raison d’au moins cinq fois par semaine.Un souvenir musical qui resteÀ lire aussiLe mariage aiderait à prévenir les risques de démence, mais pourquoi ?Peu de temps après la naissance, les chercheurs ont mesuré l’activité cérébrale des nourrissons à l’écoute de la chanson et d’un air similaire avec quelques notes différentes. Cette expérience a été répétée lorsque les bébés étaient âgés de quatre mois.Les résultats, publiés dans la revue PLoS One indiquent chez les bébés une augmentation bien plus importante de l’activité cérébrale à l’écoute d’”Ah ! Vous dirais-je maman” qu’à celle de sa version modifiée. Par ailleurs, cette augmentation d’activité a également été observée à quatre mois, suggérant que les bébés garderaient le souvenir de leur écoute pendant plusieurs mois.

Selon les chercheurs, la période entre la 27ème semaine de grossesse et six mois après la naissance du bébé est cruciale pour le développement du système auditif.Le 31 octobre 2013 à 16:55 • Emmanuel Perrinlast_img read more

Tags: , , , , , , , , ,

Fierce Cold Blast Headed for US Midwest Could Break Records

first_img Get ready to bundle up. A brutal blast of Arctic cold is on its way to the Midwest U.S. this week, and it will likely drop temperatures in some cities to record-setting levels.The cold blast, caused by lobe of the stratospheric polar vortex that is positioned over the Great Lakes, far south of its usual position, may result in a large number of all-time low maximum records (daily highs) falling, according to Dr. Jeff Masters of Weather Underground.Extreme wind chills are also expected: west to northwest winds of 10–20 mph will blow during the coldest period, resulting in dangerous wind chills below minus 40 degrees to portions of 12 states.The forecast lowest wind chills of the historic, brutal cold snap coming this week, Wednesday morning. #ilwx #inwx pic.twitter.com/UrXiTW5KKv— NWS Chicago (@NWSChicago) January 27, 2019Morning lows may reach the minus 20s in the Twin Cities, while Des Moines, Iowa, Chicago, and Milwaukee may experience minus teens and minus 20s by Wednesday and Thursday, according to weather.com.A wind chill warning has already been issued for Chicago and Northwest Indiana Tuesday night/Wednesday  morning. The low overnight could hit 21 below zero, which would equal one of the 15 coldest days in Chicago history.Wednesday’s forecast high of 14 below zero would set a record for the coldest high temperature in the Windy City ever, according to CBS Chicago. Chicago’s famous Brookfield Zoo will be closed Wednesday and Thursday for only the fourth time in its 85-year history.There’s cold, and then there’s COLD! Extreme and dangerous COLD! is forecast this week from the Northern Plains through the Great Lakes with lows in the -30s and -40s and wind chills as low as the -60s Wed-Thu! If you can’t stay cozy inside, be sure to cover any exposed skin! pic.twitter.com/dJNpT0qGHs— NWS (@NWS) January 28, 2019On Sunday longtime Illinois meteorologist Gilbert Sebenste of AllisonHouse made this forecast: “The state of Illinois’ coldest temperature ever recorded, minus 36 degrees F degrees at Congerville, IL, on Jan. 5, 2009, has a very good chance of being broken, especially on Thursday morning. It could be them, Ashton, Sugar Grove, Paw Paw, or some other small city away from Chicago.”The National Weather Service in Des Moines, Iowa, warned that “this is the coldest air many of us will have ever experienced.” The service said that if people go outside, they should “avoid taking deep breaths, and minimize talking.”Map showing the all-time coldest high temperature on record in any year (composite map). Some of these records might be broken this week. @IARC_Alaska pic.twitter.com/xjFabcO0d5— Brian Brettschneider (@Climatologist49) January 27, 2019All-time record wind chills of near 50 below are also possible in northern Indiana. In northern Minnesota, the wind chill predicted for Wednesday morning “could cause frostbite to exposed skin in less than five minutes,” the National Weather Service said.The Northeast will have its coldest wind chills Wednesday night into Thursday morning, ranging from the 20s and 30s below zero across the interior to the single digits or teens below zero along the Interstate 95 corridor, said weather.com.Bottom line: It’s going to be really, really cold.“I cannot stress how dangerously cold it will be,” Accuweather meteorologist Mike Doll told USA Today. “An entire generation has gone by without experiencing this type of cold.”More on Geek.com:Photos: Niagara Falls ‘Freezes,’ Transforms Into Winter WonderlandWatch: Giants Ice Disk Floats Down Maine RiverWatch: Snow ‘Tsunami’ Devours Siberian City Mini Satellite View of Hurricane Dorian Shows Intense Storm ActivityWild Horses of NC to Ride Out Hurricane With ‘Butts to the Wind’ Stay on targetlast_img read more

Tags: , , , , , , , , ,

Vancouver man accused of shooting at woman

first_imgA Vancouver man is accused of firing a gun early Saturday as his then-girlfriend ran away from him along East 39th Street.Seth K. Teig, 29, appeared Monday in Clark County Superior Court on suspicion of first-degree assault, harassment and unlawful possession of a firearm.Judge Suzan Clark held him in lieu of $150,000 bail and appointed attorney David Kurtz to defend him. He is scheduled to be arraigned Friday.According to court records, Teig and Jackie Ross, got into an argument inside her car as she was driving west on 39th Street near Leverich Park. Teig was riding in the front seat.During the argument, Teig allegedly grabbed the steering wheel, causing the car to veer off the road. Ross apparently got out of the vehicle, and Teig threatened that if he arrived first at a nearby gas station, he would kill her before police arrived, court records say.Ross began to run away from him toward the gas station at 39th and Main streets when she heard a loud bang, court records say. She looked behind her and saw Teig’s “arm coming down,” according to court records.Teig was later arrested, and a silver semiautomatic pistol was recovered, court records say.last_img read more

Tags: , , , , , , , , ,

Pedestrian struck by car in Deerfield Beach

first_imgDEERFIELD BEACH, FLA. (WSVN) – Rescue crews took an adult pedestrian to the hospital after, officials said, the victim was hit by a car in Deerfield Beach, Saturday night.According to the Broward Sheriff’s Office, the accident took place along Northeast 20th Avenue, near Third Street. Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. #crash rptd veh vs pedestrian @BrowardSheriff #FireRescue @DFB_City 300blkNE20Av adult #trauma #Rescue 75 ➡@BrowardHealth North #breaking— PIO Mike Jachles (@BSO_Mike) February 18, 2017Police blocked off the area to investigate.Paramedics rushed the pedestrian to Broward Health North as a trauma alert.Officials said the driver involved stayed at the scene and is cooperating with authorities. last_img read more

Tags: , , , , , , , , ,

SFIO seeks investigation into RBI officials alleged role in ILFS collapse

first_imgWikipediaThe Serious Fraud Investigation Office (SFIO) suspects that a senior RBI officer may have played a role in IL&FS Financial Services (IL&FS) collapse, a media report says. It is reckoned that the total failure of RBI’s regulatory mechanism is one of the key reasons for the company’s collapse causing likely loss of millions of rupees to investors.The IL&FS crisis along with that of Dewan Housing Finance Limited (DHFL) had invited criticism of the regulatory efficiency of the pro-business government of Prime Minister Narendra Modi and Arun Jaitley as finance minister during the first stint of the Bharatiya Janata Party (BJP) and the RBI policies during the period. As the finance minister in Modi 2.0, Nirmala Sitharaman has her task cut out to clean up the mess that the non-banking financial companies (NBFC) are in and restore public confidence in them so that the liquidity crisis could be tackled.SFIO, which is investigating the IL&FS case, has directed the RBI to conduct an internal investigation into the issues linked to the non-banking financial company (NBFC) to probe the complete failure of the regulatory mechanisms, the report on the Time of India website says. SFIO has apparently found some information to suggest that former IL&FS CEO Ramesh Bawa may have had links with a senior RBI official, which helped the company dodge procedural safeguards, the report says citing an unidentified source in the SFIO. Bawa allegedly used this contact to get favourable decisions on regulatory matters. The Serious Fraud Investigation Office (SFIO) has directed the Reserve Bank of India (RBI) to conduct an internal probe as it suspects collusion at some level within RBI with IL&FS leading to the current crisis.PwC-AssochamThe SFIO has no evidence yet of any quid pro quo involving any RBI official and IL&FS, the source said. The RBI’s inspection detected problems with IL&FS way back in 2015, the report says citing an unidentified government source. The RBI, however, took until 2017 to convey to IL&FS that the company had committed serious procedural errors. The RBI informed the company that its definition of what constituted a group was wrong and gave it two years to wind down its investment and follow regulatory norms on the definition of group companies, sources said.The SFIO has asked the RBI to investigate why it failed to take timely action despite two reports about IL&FS’ problems with net-owned funds and capital adequacy ratio. The investigative agency believes that timely regulatory action could have prevented the collapse. “The probe has shown that things would only go up to a level in the RBI,” the report said quoting a source that cited SFIO’s findings. In a charge sheet filed in a Mumbai court, the SFIO pointed to several irregularities by IL&FS, including the failure to follow the RBI’s directions on non-performing assets (NPA) classification. It also said that IL&FS violated group lending norms, resulting in a grave miscalculation of net-owned funds.Serious issues with the 1987-founded IL&FS group that has about 300 subsidiaries financing infrastructure projects began coming to light last year when some of them began defaulting on repayment of loans to various institutions. Since then the crisis has snowballed into something that has hit many NBFCs and threatened to pull in even many mutual funds.last_img read more

Tags: , , , , , , , , ,

Land ministers PS lands in jail

first_imgKutub Uddin AhmedA Dhaka court on Sunday sent land minister Shamsur Rahman Sherif’s personal secretary Kutub Uddin Ahmed to jail in a case filed for corruption, reports UNB.Dhaka metropolitan magistrate AKM Moinuddin Siddique handed down the order after investigation officer of the case Mirza Zahidul Alam, deputy director of the Anti-Corruption Commission (ACC), produced him before the court.Earlier in the day, the ACC arrested Kutub Uddin Ahmed from Segunbagicha area in the city at noon and a case was filed against him with Gulshan Police Station, said ACC public relations officer Pranab Kumar Bhattacharjee.According to the case statement, Kutub Uddin illegally allotted a 10-katha plot in Gulshan in the names of some people, including his father-in-law and mother in law.last_img

Tags: , , , , , , , , , ,

EA says Dead Space 3 item farming is not a bug

first_imgWhen Dead Space 3 was launched last week the $60 investment required to buy the game was just the beginning of your potential spending. There was a further $50 of DLC to purchase, and the potential for micro-transactions built into the game to earn EA even more profit on the popular title.Some relief came in the form of what was thought to be a bug in the game. An exploit was discovered soon after launch that allowed a player to farm resources simply be exiting and re-entering a room allowing random items to continually re-spawn. By using this “exploit” you can bypass the need to use micro-transactions and always have resources available if you take the time to collect them.EA has now stated that the item farming “glitch” is actually a feature, not a bug, and one they have no intention of patching. According to EA:“We’ve deliberately designed Dead Space 3 to allow players to harvest resources by playing through the game.”The micro-transactions are there for players who wish to “accumulate upgrades instantly.” In other words, players who don’t want to spend the time searching for the resources they need and just want to progress through the game more quickly. The cost of doing so will be between $1-$3 per resource bought through the crafting system.It’s good to see EA responding to chatter about this being an exploit. It’s also nice to know they are offering an alternative to spending more money while playing the game, especially as it’s a feature that hasn’t exactly been met with open arms by the gaming community.last_img read more

Tags: , , , , , , , , , , ,

Learn to Build 14 Apps with Complete Android Developer Course for Just

first_img Share Tweet Submit Looking to get into the wonderful world of Android app development? If you have always felt amazed at how successful and popular some apps become, you too can get into this lucrative industry that serves over millions of apps to over a billion users. As Google plans to extend the reach of Android apps, making them available to not only Chrome OS, but possibly to Windows too, there couldn’t be a better time to learn everything about Android app development.Bringing you a huge 91% discount, you can learn all and everything about Android development with this Complete Android Developer Course. Promising to turn you into a coding ninja, this course will not only teach you to build amazing apps, but also to submit and generate revenue from your Android apps.91% off “Complete Android Developer Course”What is Android M? Just Google’s ultra-polished new Android platform, and the future of mobile technology. Android M opens up an amazing opportunity for developers, and budding developers, to create new, innovative apps that tap into this limitless technology – and it’s your chance to take advantage. In just six weeks, you will learn to create real apps like Uber and Instagram with project-based lessons. Complete this course and you’ll become a successful Android developer, selling your apps on Google Play in no time.Study Android M coding from scratch with over 232 lectures and 31.5 hours of content!Download Android Studio and build a simple Currency Converter appBuild a Brain Training app and a Favorite Places appCreate Uber and Instagram clones with ParseLearn to submit your apps to Google PlayEffectively market your apps and generate revenue with Google AdsStudy the latest Android M features: App Permissions and Android PayTake a look at Android Wear – the future of wearable computingWho will be teaching you everything about Android app development?Rob Percival is a Web Developer and Teacher with a degree in Mathematics from Cambridge University. After building websites for friends and family for fun, he soon learned that web development was a very lucrative career choice. He gave up his successful (and sometimes stressful) job as a teacher to work part-time and today, couldn’t be happier.Original value: $199 | Wccftech Deals: $17 at a 91% discountlast_img read more

Tags: , , , , , , , , ,

Arcadios World

Emirates welcomes Rob Gurney

first_imgSource = ETB News: Lana Bogunovich Former Helloworld chief executive officer and Qantas Airways executive Rob Gurney has been appointed by Emirates as its divisional vice president commercial operations Australasia, effective 1 October.Mr Gurney will replace Emirates’ current divisional vice president, Bryan Banston, when he departs on 10 October, after serving in the role for just over a year.“I thank Bryan for his sterling contribution as he passes the ‘baton’ to Rob with Emirates in excellent shape in the South Pacific,” Emirates divisional senior vice president, commercial operations East Barry Brown said.Mr Gurney, who has had a number of prominent roles within the industry, his most recent being chief executive officer of Helloworld, will be responsible for overseeing Emirates’ operations within one of its top three regions in terms of revenue and passenger traffic.Based in Emirates’ Sydney office, Mr Gurney will manage the key areas of Australia and New Zealand and will also assume local responsibility for the partnership between Emirates and Qantas.last_img read more

Tags: , , , , , , , , , , ,