Dortmund director We dont care what Hoeness thinks

first_imgMichael Zorc believes Uli Hoeness’ claim that Borussia Dortmund are favourites for Saturday’s game against Bayern Munich is irrelevantDortmund head into this weekend’s ‘Der Klassiker’ hoping to maintain their unbeaten start in the Bundesliga and extend their lead at top of the standings.Bayern president Hoeness claimed earlier this week that Dortmund enter the game as the clear favourites.But Dortmund sporting director Zorc is uninterested in what Hoeness thinks.“It doesn’t matter what is being said before such a game,” said Zorc in a press conference on YouTube.borussia dortmund, marco reus, jadon sancho, paco alcacerReport: Dortmund hammer four past Leverkusen George Patchias – September 14, 2019 Borussia Dortmund put four past Bayer Leverkusen.Borussia Dortmund leapfrogged Bayern Munich to claim second place in the Bundesliga. After handing out a 4-0 thrashing of…“The favourites aren’t 1-0 up from the start of the game. Of course, we noticed that (Hoeness’ comments), but we don’t care.“We’re enjoying the situation at the moment and feel we have a good reason to approach the game with confidence.”Dortmund coach Lucien Favre also made it clear that he expects a difficult game against Bayern.The Bundesliga match between Dortmund and Bayern will begin at 18:30 (CEST) at Signal Iduna Park.last_img read more

Suspect wanted for credit card and identity theft in Santee

first_img Categories: Local San Diego News Tags: Crime FacebookTwitter KUSI Newsroom, KUSI Newsroom December 29, 2017 Suspect wanted for credit card and identity theft in Santee Posted: December 29, 2017 SANTEE (KUSI) — San Diego County Crime Stoppers and investigators from the Santee Sheriff’s Station are asking for the public’s help to locate a suspect wanted in connection with using a stolen credit card and identity theft.On October 31st, an unknown suspect used a stolen credit card at several businesses in the city of Santee, including the Walmart located at Parkway Plaza, the 7-11 located at 375 W. Madison Avenue and the Target store located at 250 Broadway. The suspect used the stolen credit card to purchase food, electronics and other high priced items. The total amount charged to the stolen credit card was around $800.The suspect is known to frequent the Santee area and usually purchases Bugler brand tobacco and rolling papers. He also uses a skateboard for transportation.Suspect Description: The suspect is described as a white or hispanic man between 25 and 35-years-old. He was last seen wearing a black or navy hooded sweatshirt, black fitted hat, black pants, black Chuck Taylor tennis shoes and a black and white lanyard around his neck.If you recognize the suspect call the Santee Sheriff’s Station at (619) 956-4000 or the Crime Stoppers anonymous tip line at (888) 580-8477. Crime Stoppers is offering up to a $1,000 reward to anyone with information that leads to an arrest in this case. Information on how to send anonymous emails and mobile app tips can be found on our website www.sdcrimestoppers.org. last_img read more

Public Utilities Department to implement changes after audit highlights oversight issues

first_imgPublic Utilities Department to implement changes after audit highlights oversight issues Posted: September 6, 2018 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) – The San Diego Public Utilities Department is making some changes after a city audit found employees working to fix faulty water meters were taking twice the amount of time than planned.San Diego City Councilman Scott Sherman was here to explain these new changes. Categories: Good Morning San Diego, Local San Diego News Tags: Scott Sherman FacebookTwitter KUSI Newsroom KUSI Newsroom, September 6, 2018last_img read more

Judge blocks Trumps asylum policy but delays enforcement

first_img Posted: April 9, 2019 A U.S. judge decided Monday to block the Trump administration’s policy of returning asylum seekers to Mexico as they wait for an immigration court to hear their cases, but the ruling is on hold for several days.Judge Richard Seeborg in San Francisco granted a request on behalf of 11 asylum seekers from Central America and legal advocacy groups to halt the practice while their lawsuit moves forward, but he held off on enforcing his decision until Friday to give the government a chance to ask an appeals court for a review.The policy lacks sufficient protections to ensure migrants don’t face “undue risk to their lives or freedom” in Mexico, the judge said. Seeborg also said a law that President Donald Trump’s administration cited as its authority to send back migrants does not apply to asylum seekers such as those who sued.It was not immediately clear whether the administration would ask an appeals court to put the ruling on hold. The U.S. Department of Justice declined to comment. Trump tweeted that the ruling was “unfair to the U.S.”The launch of the policy in January at the nation’s busiest border crossing — in San Diego — marked an unprecedented change to the U.S. asylum system, government officials and asylum experts said. Families seeking asylum typically have been released in the U.S. with notices to appear in court.The Trump administration says the policy responds to a crisis at the southern border that has overwhelmed the ability of immigration officials to detain migrants. Growing numbers of families are fleeing poverty and gang violence in Guatemala, Honduras and El Salvador.The ruling came a day after Homeland Security Secretary Kirstjen Nielsen resigned and as the administration faces repeated court setbacks on strict anti-immigration measures that were a signature campaign promise for Trump, including losses on such policies as separating families at the border and ending protections for young immigrants.The lawsuit says the Trump administration is violating U.S. law by failing to adequately evaluate the dangers that migrants face in Mexico.Under the new policy, asylum seekers are not guaranteed interpreters or lawyers and don’t get to argue to a judge that they face the potential of persecution or torture if they are sent back to Mexico, Judy Rabinovitz, an attorney for the American Civil Liberties Union, said at a March court hearing.Seeborg said in his ruling that “further procedural protections would be required to conform to the government’s acknowledged obligation to ensure aliens are not returned to unduly dangerous circumstances.”The ACLU and other groups also argue in the lawsuit that a law allowing the return of some immigrants to Mexico does not apply to asylum seekers who cross the border illegally or arrive at a border crossing without proper documents.Seeborg agreed, saying the “plain language” of the law supported that interpretation.“Try as it may, the Trump administration cannot simply ignore our laws in order to accomplish its goal of preventing people from seeking asylum in the United States,” Rabinovitz said in a statement after the ruling.The administration hopes that making asylum seekers wait in Mexico will discourage weak claims and help reduce an immigration court backlog of more than 800,000 cases.Justice Department attorney Scott Stewart said at the March hearing that there was a process to protect immigrants who could face harm in Mexico. All 11 plaintiffs in the lawsuit are represented by attorneys, and 10 already have appeared for court proceedings, he said.Border Patrol arrests, the most widely used gauge of illegal crossings, have risen sharply over the last year but are relatively low in historical terms after hitting a 46-year low in 2017.The launch of the policy followed months of delicate talks between the U.S. and Mexico. Mexicans and children traveling alone are exempt from it.___ AP, AP Judge blocks Trump’s asylum policy but delays enforcement April 9, 2019 Categories: California News, Local San Diego News, National & International News Tags: Immigration FacebookTwitterlast_img read more

Time Inc is Really Really Excited About Tablets

first_imgMagazine publishers are jumping on the Apple iPad app bandwagon in droves and arguably for good reason. It’s a sleek, nifty device that not only has captured the attention and imagination (and dollars) of consumers but also is a vibrant new platform for distributing content.At Time Inc.—which already has launched apps for Time and Entertainment Weekly—the vibe among upper management is of sheer enthusiasm. By upper management, I’m referring specifically to CEO Ann Moore. During parent company Time Warner’s “Investor Day” Thursday, Moore updated attendees on the division’s recent performance (it reported an operating income of $50 million during the first quarter 2010, versus a loss of $32 million during the same period last year) and gushed about providing paid content through mobile and portable devices. In addition to the Time and Entertainment Weekly apps, Moore said the company is readying several more from its other magazine brands, including a People app and food, beauty and cleaning apps for Real Simple.Here’s a sampling of soundbites from Moore’s presentation and the Q+A session that followed, in no particular order:At my lunch table today, I was shocked that not one of you had an iPad.We see the next flood of new portable color touchscreens headed to market in the next 18 months as a game changer. It will be the opportunity that content producers like Time Inc have been waiting for to reestablish value for quality digital content. It’s argued that it will be impossible to get consumers to pay for digital content since they’ve grown up getting everything for free. We disagree.It’s become increasingly clear that customers will pay for trusted quality content that’s easy to access and fairly priced.The tablet restores something we lost when we went to the Web. Our readers can once again literally touch our content while still having that familiar “lean back” experience of a magazine. In real time, they can link in instead of linking out to the rest of the story on Time.com.We’ve spent decades perfecting the craft of making magazines. Now we can apply all that experience to the new virtual magazine, letting consumers feast on incredible images … as well as the stories behind them with just a little flick.The advertising can be so good it can become content itself. It can help you evaluate products. And when you’ve made your decision it can help to find you a place to buy them.As more and more hardware manufacturers come in with these e-readers there is just huge demand for our product, for our video product, for my print product—it’ll all be combined. We think very healthy business models will be coming out of it. We’ll be making more money in those businesses than we’ve been making with our traditional dot-coms.We have a great deal of work to do over next 12 to 18 months, to develop business models, evolve products and talk to consumers and advertisers.People are paying. We know people will pay for it … it’s a business model that is just really very delicious.Oh, and one other thing that came up during Time Warner’s Investor Day: the possibility of a Time Inc. sell-off. Company chairman and CEO Jeff Bewkes said (again) that it won’t happen, indicating that it is in an “attractive” position in relation to the competition and in a good growth mode for 2010. “It’s a good business, and we’re good at it,” he said.last_img read more

Times Top Editor Leaving for State Dept

first_imgWith a new CEO and a new set of titles, it’s been a busy week (in the midst of a busy year) for Time Inc. The company’s flagship title is also undergoing significant changes with an incoming round of new digital hires and a website relaunch scheduled for the fall.They’ll be going through it with out Managing Editor Richard Stengel though.Stengel, Time’s ME since 2006, plans to leave his post at the magazine, sources with knowledge of the situation say. As Capital New York first reported, he plans to accept a position in the U.S. Department of State, pending confirmation. No timeline has been announced for his departure, but Nancy Gibbs, deputy managing editor of Time, is expected to replace Stengel.Gibbs—along with Tina Brown’s former No. 2 and current Time.com ME, Edward Felsenthal—is overseeing the hiring of nearly two-dozen staffers as the brand prepares to unveil a redesigned website. Stengel’s move won’t affect that schedule, a source says.They add that Stengel had been on a leave of absence from the magazine since July, working with Time Inc. Editor-in-Chief Martha Nelson on corporate editorial projects.Stengel’s parting follows last week’s story that Douglas Frantz, national security editor for The Washington Post, had also left his position for a job in the State Department.To stay updated on the latest FOLIO: news, become a Facebook fan and follow us on Twitter!last_img read more

Dominos Comeback Hits Its Stride

first_imgIn terms of scale, Brenner admits that the brand doesn’t have lofty goals of expanding its reach to pre-recession totals. “This is a whole different strategy,” she says. “Bigger isn’t necessarily better. We don’t have to go more than double from where we’re at now.”What she means is the approach is more targeted now, and to a degree, more premium. The commerce model showcases shelter products, which requires no physical inventory. The print component is a quasi-hybrid magazine, meaning it has the look, feel and higher price point of a SIP, but with ad-supported pagination you’d find in most regular issues.Brenner feels that for the time being there aren’t any natural competitors in Domino’s space. But she can foresee other publishers adapting a similar model–one rooted in advertising and commerce. However, she also makes it clear that it’s not something a brand can develop on a whim. “I think we had an advantage of starting over,” she says. “It can be hard to have something and add on to it. It’s not always a benefit to be first, but it’s [e-commerce] a game changer.”Looking ahead, Brenner is candid on how she sees the future of digital ad dollars, which is why she thinks print is still such an important component. “I don’t think CPMs will improve,” she says. “Print is an art and digital is about analytics and measurement.” Nevertheless, she confesses she sees a lot of promise in native advertising and its ability to organically blend editorial and advertorial content. Still, she isn’t counting on that avenue alone, which is why Domino has been discussing branded product opportunities. Domino magazine was one of the unfortunate victims of “The Great Recession,” but the brand returned in 2013 with a new model and a new strategy. That is, now it’s mixing traditional and emerging strategies like print advertising and e-commerce while targeting a niche audience. Although Condé Nast essentially shuttered the title in 2009, it kept the brand alive through quarterly SIPs. Today, Condé Nast has a minority stake, and Domino Media is operating independently. When Domino relaunched last year it introduced its audience to a robust e-commerce site with more than 30,000 products. And its first quarterly print issue was a single sponsor promotion with Target, which was a carryover partnership from when the dormant brand was producing SIPs. Beth Brenner, publisher and chief revenue officer, suggests that the commerce model is strong and growing, but more than that, the brand retooled its print strategy and locked in 36 advertisers for its April issue. “That was our strategy from the beginning,” she says. “Advertising is definitely important because we are a commerce company rooted in advertising.”last_img read more

Rogers Media Cuts 60 Staffers Shutters LouLou Magazine

first_imgWhile the news and general interest-focused L’actualité remains on the block, both the English and French editions of LouLou will cease publication after their respective December issues.Moreover, English-language magazines Flare, Sportsnet, MoneySense, and Canadian Business will all go digital-only in 2017, leaving Hello! Canada, the two editions of Chatelaine, scaled-back versions of Maclean’s and Today’s Parent, and yet-unsold B2B titles Advantages and Advisor’s Edge as Rogers’ only remaining magazines in print.Like its counterparts south of the border, Rogers Media, which was to this point the largest magazine publisher in Canada in terms of both revenue and total readership, has been faced with mounting pressure to offset losses on the print side of the business by further investing in its digital properties.“It’s been clear for some time now that Canadians are moving from print to digital, and our job is to keep pace with the changes our audiences are demanding,” said Steve Maich, SVP of digital content and publishing, in a September statement. “We are so much more than a collection of magazine brands, and we’ve seen rapid growth on our digital platforms over the past few years. Now is the time for us to accelerate that shift.”This is a developing story. Rogers Media’s intent to exit both the B2B and French-language magazine businesses, revealed in September, left anxious staffers waiting for the other shoe to drop.Two weeks ago, the Toronto-based publisher’s sale of its B2B titles to Chicago-based EnsembleIQ seemingly left the staffs of those magazines, including Canadian Grocer and The Medical Post, unscathed.Employees at Rogers’ French-language titles aren’t so lucky.At least sixty staffers have been laid off at Châtelaine, L’actualité, and LouLou — three of the five most widely read French-language magazines in North America, according to data from the Alliance for Audited Media — several Canadian outlets reported yesterday.The sweeping cuts come alongisde announcements that Rogers will in fact retain ownership of women’s lifestyle magazine Châtelaine and its English-language sister title, but will slash the frequency of both from 12 to six issues per year.last_img read more

Committee Resumes Consideration of Civilian Nominees

first_imgJohn McCain (R-Ariz.), chairman of the Senate Armed Services Committee, appears to have relented on his pledge to block civilian Pentagon nominees from advancing to a confirmation vote on the chamber floor.The committee held a confirmation hearing Thursday for four nominees, including John Conger, who the president nominated in March to be the principal deputy to the Pentagon comptroller. Conger currently is the acting assistant secretary of defense for energy, installations and environment.McCain had slowed the advance of civilian nominations through the Armed Services Committee since he became chairman at the beginning of the year. But with Obama expected to sign the fiscal 2016 defense authorization bill into law after the House and Senate reworked the original version to reflect the recent budget deal, McCain on Thursday said he planned to move forward with the confirmations of the four nominees after Thanksgiving.“Hopefully we can get that done and let you get to work,” McCain told them, reported CQ.Appearing with Conger were Stephen Welby, nominated to be assistant defense secretary for research and engineering; Franklin Parker, nominated for assistant secretary of the Navy for manpower and reserve affairs; and Alissa Starzak, nominated for Army general counsel. Starzak was pressed by lawmakers on the legality of closing the military prison at Guantánamo Bay.There currently are 13 civilian nominations for DOD posts pending in the committee, including Eric Fanning to be secretary of the Army. Dan Cohen AUTHORlast_img read more

Nipsey Hussle Beloved LA Rapper And Activist Lived As A Patron To

first_img Nipsey Hussle, Beloved L.A. Rapper And Activist, Lived As A Patron To His Community Facebook News NETWORK ERRORCannot Contact ServerRELOAD YOUR SCREEN OR TRY SELECTING A DIFFERENT VIDEO Apr 1, 2019 – 4:52 pm Remembering Nipsey Hussle Twitter The GRAMMY-nominated rapper was fatally shot outside of his clothing store, the Marathon Clothing, in Los Angeles, on SundayJennifer VelezGRAMMYs Apr 1, 2019 – 12:06 pm GRAMMY-nominated rapper and activist Nipsey Hussle was fatally shot outside of his clothing store, the Marathon Clothing, in Los Angeles on Sunday (March 31), police confirmed. He was 33.Hussle, born Ermias Asghedom, highlighted life in South Los Angeles and the socio-economic struggles people in the community faced, from single mothers working to feed their families to his own rise from financial struggle, through his poignant lyrics. He released his much-awaited official debut album, Victory Lap, in February 2018 after years of releasing several mixtapes, including The Marathon mixtape. For Hussle, creating the album was a weaving of his experiences and represented a coming full circle on his own terms. “We want to just hear great lyrics, great music, great flow and great storytelling and so I just wanted to really be intentional that that was the goal with the album,” he told the Recording Academy. “You know, I even had a conversation with the label people and it was just like, you know, the heads of the label, but what do you all expect from me on this one? Because for me, but my goal, my big picture goal to move forward and to make a step toward what my goal is as an artist, I need to make something really authentic and really organic on this first one.”The debut album was nominated for Best Rap Album at the 61st GRAMMY Awards and was a project that Hussle made with fans in mind.”When I went into recording this album I [had] a ton of mixed tapes … So I just went back through all of my projects and I listened and I put myself in the mindset of a fan. And I was like what made me a fan in it, you know? And each project had two or three moments that people really held onto,” he said. “Some have more than others and I wanted the album to be a collection of those moments. I didn’t want to be nostalgic, but I wanted to be aware of why they’re connected.Hussle, a native of the Crenshaw district in South Los Angeles, was also an entrepreneur and activist who was heavily invested in his community. A day before the launch of his album, he opened a co-working STEM Center in the area called Vector90 Too Big To Fail. He owned a clothing store on Slauson called The Marathon Clothing.Beyond being a businessman and an artist, Hussle was also a loving father of two. Fatherhood served as an inspiration for his music:”Fatherhood has affected and inspired me deeply … when I went about doing music, I was really in the studio, spending the night, you know, sacrificing my personal time. Just really putting all my energy and time into the studio and I thought that was the most effective way to do it, he said. “But then having a kid, my daughter years back and then my son recently, it made me understand a balance and you might even get more inspired leaving the studio some time, going out and living and just taking her, your daughter, your kids somewhere and you might come back and what you’ve been trying to do sitting in this room wasn’t going to get done sitting in this room.You had to go out and breathe a little bit and come back in and you refresh and you ready to go. “Hussle saw life as a metaphor for a marathon that included not only his resiliency, but also his community’s. “Make sure that you stick to what you believe in,” he said. “The story that I’m telling on this album made the moment that I’m in even more special and important because it shows you the distance and the ground we covered.”Hussle is survived by his girlfriend, actress Lauren London, and his two children.One Take: Nipsey Hussle On L.A., Ice Cream, Kendrick Lamar & MoreRead more Nipsey Hussle Lived As A Patron To His Community nipsey-hussle-beloved-la-rapper-and-activist-lived-patron-his-community Email last_img read more

Recent Wilmington Real Estate Transactions

first_imgWILMINGTON, MA — Below are real estate transactions in Wilmington during the week of April 15, 2018:28 Apache Way — Sale Price: $650,000 — Buyer: James Collins — Seller: Robert S. Braid & Anne M. Braid — Sale Date: 4/20/18 — Use: 1-Family Residence — Lot Size: 24,829sf2 Dadant Drive — Sale Price: $740,000 — Buyers: Paul J. Gagnon & Tammy M. Gagnon — Seller: Michael Tkachuk, Trustee — Sale Date: 4/19/18 — Use: 1-Family Residence — Lot Size: 20,038sf11 Oakridge Circle — Sale Price: $427,500 — Buyer: Amy Saw & Tin Htet — Seller: Cheryl A. Gustafson — Sale Date: 4/20/18 — Use: 1-Family Residence — Lot Size: 16,117sf91 Shawsheen Avenue — Sale Price: $545,000 — Buyer: Cynthia J. Saba & William J. Scanlon — Seller: Paul Gagnon & Tammy Gagnon — Sale Date: 4/19/18 — Use: 1-Family Residence — Lot Size: 21,780sfLike Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedRecent Wilmington Real Estate TransactionsIn “Business”Recent Wilmington Real Estate TransactionsIn “Business”Recent Wilmington Real Estate TransactionsIn “Business”last_img read more

Trump to let US firms sell tech to Huawei

first_img Post a comment US firms can again deal with Huawei. Óscar Gutiérrez/CNET President Donald Trump agreed Saturday to lift some restrictions against US companies selling high-tech gear to Chinese telecom giant Huawei, says a report. “We’re talking about equipment where there’s not a great national-emergency problem with it,” Trump said after a meeting with Chinese President Xi Jinping, according to The Wall Street Journal.In May, Trump signed an executive order essentially banning Huawei because of national security concerns that the company is too closely tied to the Chinese government and that its gear could be used to spy on other countries and companies. Huawei has repeatedly said those fears are unfounded. More on Huawei Tags Mobile Security Huawei ban: Full timeline on how and why its phones are under fire Trump could use Huawei ban as leverage for US-China trade deal US companies reportedly bypassing Trump ban on sales to Huawei Huawei says Trump’s ban will hurt US 5G deployment FCC commissioner wants Huawei gear out of US networkscenter_img The easing of restrictions is part of a general cease fire on trade reached between Trump and Xi during a meeting on the sidelines of a Group 20 meeting. Trump said the deal to restart talks would see the US delaying added tariffs on Chinese products in return for China buying American farm goods. It’s not yet clear exactly what Huawei restrictions will be lifted. “We’re going to work with China on where we left off to see if we can make a deal,” Trump reportedly said during a news conference. The president said he’d hold off on the Huawei issue until the end of negotiations, the Journal said.John Neuffer, president of the Semiconductor Industry Association, a trade group for makers of chips for computers, phones and other equipment, told the Journal he needed more details on what Huawei can now buy from member companies. He added, though, that he’s “encouraged the talks are restarting and additional tariffs are on hold.”Unnamed sources told the Journal that US national security officials have been exploring ways of narrowing the Huawei prohibitions so they pinpoint sales of US gear used in “chokepoints,” places where the Chinese company’s tech could control wireless networks. Security experts have voiced concern about foreign powers disrupting US communications networks, especially during a national emergency.Originally published June 28, 9:44 a.m. PT.Update, 10:20 a.m.: Adds mention of concern about “chokepoints.” Share your voice 0 Huaweilast_img read more

BSE closes points 18375 up on June 9

first_imgBSE closes points 183.75 up on June 92.6K views00:00 / 00:00- 00:00:0000:00BSE closes points 183.75 up on June 92.6K viewsBusinessNew Delhi, June 09 (ANI): Trading at the Bombay Stock Exchange today closed 183.75 points up to stand at 25,580.21. At the National Stock Exchange the Nifty closed 71.20 points up to stand at 7,654.60. Unitech and Grasim Industries Ltd. were among the top gainers of Group A with an increase of 17.16% and 11.38% along with Sobha Dev and Sun TV Network with an increase of 8.96% and 8.95% respectively, while the top losers of Group A include Pipavav Defence and Godrej Consumer Products Ltd. with a decrease of 4.98% and 3.12% along with Bajaj Finserv Ltd. and MCX with a decrease of 2.96% and 2.79% at the close of the markets. The Auto sector is up 234.63 points at 15,419.15 while the banking sector is up 28.77 points at 17,817.36 and the realty sector is up 127.98 points at 2,256.01. The Indian currency is up 0.16% at Rs 59.07 per dollar.Ventuno Web Player 4.50New Delhi, June 09 (ANI): Trading at the Bombay Stock Exchange today closed 183.75 points up to stand at 25,580.21. At the National Stock Exchange the Nifty closed 71.20 points up to stand at 7,654.60. Unitech and Grasim Industries Ltd. were among the top gainers of Group A with an increase of 17.16% and 11.38% along with Sobha Dev and Sun TV Network with an increase of 8.96% and 8.95% respectively, while the top losers of Group A include Pipavav Defence and Godrej Consumer Products Ltd. with a decrease of 4.98% and 3.12% along with Bajaj Finserv Ltd. and MCX with a decrease of 2.96% and 2.79% at the close of the markets. The Auto sector is up 234.63 points at 15,419.15 while the banking sector is up 28.77 points at 17,817.36 and the realty sector is up 127.98 points at 2,256.01. The Indian currency is up 0.16% at Rs 59.07 per dollar.last_img read more

Budget 2017 Higher likelihood of repo rate cut in February if govt

first_imgIf Union Finance Minister Arun Jaitley sticks to the fiscal consolidation path while presenting the Union Budget for FY2018, there is a higher likelihood of a repo rate cut in the Monetary Policy Committee’s February 2017 meeting, Aditi Nayar, a senior economist at ICRA, said in a note released on Monday (January 15). RBI governor Urjit Patel conveys subtle message to Modi Govt before Budget 2017However, Aditi added that the room for incremental rate cuts would be limited to 25 bps over the next six months as the Reserve Bank of India (RBI) focuses more on achieving the mid-point of the inflation target range of four per cent. “With concerns regarding the sustainability of the rebound in industrial growth in November 2016 and headline CPI inflation likely to undershoot the RBI’s target for Q4 FY2017, there is a higher likelihood of a repo rate cut in February,” she said.On the inflation front, ICRA expects the CPI inflation to record one more sub-3.5 per cent figure in January 2017, before recording an uptick in February-March 2017 as the favourable base effect wanes. Overall, the rating agency continues to expect CPI inflation to undershoot the RBI’s projection of five per cent for the fourth quarter of FY2017. Going ahead, food items, particularly vegetables, may continue to display a seasonal moderation in January 2017. Moreover, a 13 per cent rise in rabi acreage for pulses has led to a decline in prices in the ongoing month. Overall, rabi sowing is seven per cent higher than year-ago levels, though on a small base. While precipitation has been low in the post-monsoon season, healthy reservoir levels on a seasonally adjusted basis would support the yields, ICRA said.Earlier last week, government data showed that the CPI inflation eased to a 25-month low at 3.4 per cent in December 2016 from 3.6 per cent in November 2016. Food and beverages inflation declined to a 59-month low at two per cent in December 2016 from 2.6 percent in November 2016. The core-CPI inflation (excluding food and beverages and fuel and light) eased marginally to 4.9 per cent in December 2016 from five per cent in November 2016, displaying a limited reaction to changes in supply and demand after the note ban.last_img read more

Khaleda will participate in next polls under Hasina

first_imgTofail AhmedCommerce minister Tofail Ahmed said the present government led by prime minister Sheikh Hasina will work as the election time supportive government in the next national polls.”You can write this down in your diaries — I am certain Khaleda Zia will take part in the elections under prime minister Sheikh Hasina,” the minister told journalists at the Secretariat on Monday when government offices resumed after Eid vacation.“The national elections will take place before 29 January, 2019. It will be conducted by the Election Commission under the government of Sheikh Hasina. There is no chance that this will change. If someone does not want to participate in the polls, we cannot force them,” Tofail said in reply to another question.The minister claimed price hike during the Eid season was tolerable. He also said 2500,000 metric tons of rice will be imported from Vietnam, and that will help contain the price hike.last_img read more

PaturiaDaulatdia ShimuliaKanthalbari ferry services resumed

first_imgFerry services on Paturia-Daulatdia and Shimulia-Kanthalbari routes in the Padma River resumed after a five hours of disruption caused by dense fog on Thursday morning.Salauddin, an assistant general manager of Bangladesh Inland Water Transport Corporation (BIWTC) at Aricha, said the ferry services on Paturia-Daulatdia were disrupted since 6:00am due to poor visibility caused by thick fog.During the time, four ferries remained stranded in the mid-river, he said.Over five hundred vehicles were waiting at the both ghats for crossing, he added.Ferry services resumed around 10:50am as the fog removed.Also, ferry services on Shimulia-Kanthalbari route in the Padma River resumed after a five-hour disruption caused by dense fog in the morning.The ferry services were disrupted between  5:00am and10:00am due to poor visibility caused by thick fog, said Shah Newaz Khalid, assistant general manager of BIWTC.last_img read more

Russia assures no more US strikes against Assad regime

first_imgSyria’s presidential advisor Buthaina Shaba’an said on Wednesday that her government’s main ally, Russia, assured the Syrian government that there will be no more US strikes on Syrian military positions.Her remarks came a couple of weeks after the US launched 59 Tomahawk missiles on the Shayrat Air Base in central Syria, in retaliation for an alleged toxic gas attack by the Syrian army on a rebel-held town in Idlib province, Xinhua news agency reported.The Russians “stressed to us that they are standing by Syria, and we understood from them that the American aggression will not be repeated,” Shaba’an told pan-Arab al-Mayadeen TV in an interview.Further slamming the strike, Shaba’an said the US missile strike was a “reckless aggression that took place without investigation,” adding that what the United States is doing today reflects “confusion.”The official said that the alleged chemical attack was a setup, citing what she described as western specialists as saying that there was no aerial bombardment on the targeted area in the Khan Sheikhoun town.Shaba’an said the US strike wasn’t a military, but a political message, adding that the alliance between Russia, Syria and Iran is “stronger than ever.”Meanwhile, the presidential advisor said that the US is in a state of declination, while Russia, China and India are rising high.She said her country was expecting an investigation team from the Organization for the Prohibition of Chemical Weapons (OPCW), stressing that the Syrian government is in no possession of chemical weapons.last_img read more

AL starts issuing letters to party nominees for polls

first_imgAwami LeagueRuling Bangladesh Awami League (AL) on Sunday started issuing letters to the candidates the party nominated for the upcoming 11th parliamentary elections to be held on 30 December.On Saturday, the candidates were asked to collect their letters from the AL president’s Dhanmondi office in the capital.Primarily, Prothom Alo came to know that AL president and prime minister Sheikh Hasina will compete from Gopalganj-3 and Rangpur-6 constituencies while party general secretary Obaidul Quader, also road transport and bridges minister, will compete from Noakhali-5.AL general secretary Obaidul Quader started handing over the letters to the candidates from 10:00am.Besides, Mujibul Huq (Cumilla-11), speaker Dipu Moni (Chandpur-3), SM Rezaul Karim (Pirojpur-1), Saifuzzaman Shikhar (Magura-1), Sheikh Fazle Nur Tapos (Dhaka-10), home minister Asaduzzaman Khan Kamal (Dhaka-12), Sadek Khan (Dhaka-13), Aslamul Haque (Dhaka-14), Nizamuddin Hazari (Feni-2), Khalid Mahmud Chowdhury (Dinajpur-2), Simin Hossain RImi (Gazipur-4), Fahmi Golandaz Babel (Mymensingh-10), Sheikh Jewel (Khulna-2), Mashrafe Bin Mortaza (Narail-2), Muhibul Hasan Chowdhury Naufel (Chattogram-9), Dr Abdur Razzak (Tangail-1) and Enamul Haque (Rajshahi-4) also got party tickets to contest in the polls.Prothom Alo, however, could not verify the letters independently.The candidates nominated from other parties of the 14-party alliance and grand alliances are likely to be announced on Monday.Quader said he will make the final announcement of all the 300 candidates later.On Saturday night, Quader held meetings with the leaders of JaSad and Workers’ Party, components of the 14-party alliance, at AL headquarters in the capital about seat sharing.Later, he held another meeting with JaPa (Jatiya Party) leader and former dictator HM Ershad, a component of Grand Alliance, for four hours and gave hints about the seats to be shared with them.The alliance partners tried to negotiate for more seats than the AL was ready to share with them.Quader told them they will issue letters to the AL nominated candidates on Sunday and the alliance partners’ candidates on the next day.If the matter is not resolved by then, party chief Sheikh Hasina will consider the matter, he added.“The issue of seat sharing is still under discussion. All the candidates of Grand Alliance will be announced formally by two days,” Quader told newsmen after the discussion.He, however, hinted that they would share not more than 65-70 seats with alliance partners, including the JaPa.last_img read more

Worlds largest amphibious aircraft makes maiden flight

first_imgChina’s domestically developed AG600, the world’s largest amphibious aircraft, performed its maiden flight on Sunday from an airport on the shores of the South China Sea, the latest step in a military modernization program.China has stepped up research on advanced military equipment as it adopts a more muscular approach to territorial disputes in places such as the disputed South China Sea, rattling nerves in the Asia-Pacific region and the United States.State television showed live images of the AG600 lifting off from Zhuhai airport in the southern province of Guangdong, which sits on the South China Sea coast.It returned about an hour later and taxied to its stand accompanied by martial music and greeted by crowds waving Chinese flags.Xinhua news agency said the aircraft was the “protector spirit of the sea, islands and reefs”.It had previously been scheduled to make its first flight earlier this year but it is unclear why it was delayed after ground tests took place in April.State-owned Aviation Industry Corp of China (AVIC) has spent almost eight years developing the aircraft, which is roughly the size of a Boeing Co 737 and is designed to carry out marine rescues and battle forest fires.However, state media has also noted its potential use in the South China Sea, where China, Vietnam, Malaysia, the Philippines, Taiwan and Brunei all have overlapping claims.The AG600’s chief designer, Huang Lingcai, was quoted in the official China Daily earlier this month as saying it can make round trips without refueling from the southern island province of Hainan to James Shoal, claimed by China but which is located close to Sarawak in Malaysian Borneo.Powered by four turboprop engines, the AG600 can carry 50 people during maritime search-and-rescue missions, and can scoop up 12 metric tons of water within 20 seconds for fire fighting trips, according to state media.The aircraft has received 17 orders so far from Chinese government departments and Chinese companies. It has a maximum flight range of 4,500 km (2,800 miles) and a maximum take-off weight of 53.5 tonnes.It can use conventional airports and also land and take-off from the sea.China is in the midst of a massive military modernisation program, ranging from testing anti-satellite missiles to building stealth fighters and the country’s first indigenous aircraft carrier, to add to an existing one bought from Ukraine.last_img read more

BJP ends Lefts rule in Indias Tripura

first_imgTripura BJP president Biplab Kumar Deb along with the party`s National General Secretary Ram Madhav celebrate the party`s performance in the recently concluded Tripura assembly elections, in Agartala on 3 March 2018. Photo: IANSIn a saffron surge in the northeast, the BJP put up a spectacular show in Tripura on Saturday, ending 25 years of the Left rule, and was looking to formation of coalition governments in Nagaland and Meghalaya in the face of hung verdicts.The BJP and its ally Indigenous People’s Front of Tripura (IPFT), a tribal-dominated party, were together leading in 39 out of 59 constituencies for which trends of results were available. The BJP on its own was ahead in 33 seats, two more than the half-way mark, while its ally was leading in seven. The IPFT has already bagged one seat.In Tripura, the BJP which had no MLAs in the outgoing assembly and had polled just 1.5 per cent votes in the 2013 elections, losing deposits in 49 of the 50 constituencies it contested, recorded a scintillating performance securing over 42 per cent of votes in the 18 February elections.The Left Front, which had 50 seats in the last elections, was ahead in just 18 seats. The CPI-M-CPI alliance has polled over 44 per cent of votes, about six per cent less than the last elections. The CPI-M alone has polled 43.3 per cent, one per cent higher than the winning BJP.Chief Minister Manik Sarkar, who has been heading the Left Front government for the last 20 years, was ahead in Dhanpur constituency.The BJP’s leading candidates included state party President Biplab Kumar Deb (Banamalipur), who could be the next Chief Minister of the state. The other winners are Sudip Roy Barman (Agartala), Ratanlal Nath (Mohanpur), A. Rampada Jamatia (Bagma), Dilip Kumar Das (Barjala), Diba Chandra Hrangkhawl (Karamchara), Ashish Kumar Saha (Bordowali), Ratan Chakraborty (Khayerpur), Atul Debbarma (Krishnapur) and Sushanta Chowdhury (Majlishpur).IPFT’s leading candidates included Narendra Chandra Debbarma (Takarjala), Mevar Kumar Jamatia (Asharambari) and Prashanta Debbarma (Ramchandraghat).“We are happy with the trends in Tripura where the BJP looks like forming a government with 40 or more seats,” BJP General Secretary Ram Madhav told reporters in Agartala.He conceded that the CPI-M gave a good fight but people voted for change to throw up “a revolutionary verdict, a historic verdict”.The Congress, which had 10 members in the outgoing assembly, failed to even open its account this time. Many of its candidates may even lose their deposits.Among the notable Left candidates trailing were sitting Tribal Welfare Minister Aghore Debbarma (Asharambari), Forest and Rural Development Minister Narensh Chandra Jamatia (Bagma), Deputy Speaker Pabitra Kar (Khayerpur), Bijay Laxmi Sinha (Kamalpur), Samiran Malakar (Pabiachara), Manoranjan Debbarma (Mandai Bazar), Ratan Das (Ramnagar), Manindra Chandra Das (Kalyanpur-Promodnagar) and Chief Whip Basudeb Majumder (Belonia).Among the Left Front’s leading candidates were Health and PWD Minister Badal Choudhury (Hrishamukh), Education Minister Tapan Chakraborty (Chandipur), Information, Food and Civil Supplies Minister Bhanulal Saha (Bishalgarh), Sports and Youth Affairs Minister Sahid Chowdhury, Assembly Speaker Ramendra Chandra Debbarma and Jail Minister Manindra Reang.A total of 290 candidates, including 23 women of the ruling CPI-M, Communist Party of India, BJP and Congress and many independents, were in the fray.Polling in Charilam (reserved for the tribals) was deferred to March 12 after CPI-M candidate Ramendra Narayan Debbarma died a week before the 18 February polls.Over 92 per cent (excluding 50,700 postal ballots) of Tripura’s over 25 lakh voters cast their votes on February 18, setting a new record in India’s electoral history.In Nagaland, the ruling Naga Peoples Front (NPF) was leading in 20 and has already won four seats in the 60-member assembly. Interestingly, the BJP, leading in seven seats, has two ministers in the NPF government but had stitched a pre-poll alliance with the National Democratic Progressive Party (NDPP) that was leading in 14 seats.The figures are for the 50 out of 59 seats that went to polls on 27 February.The NPF headed by Chief Minister T.R. Zeing has already passed a resolution, expressing its desire to continue its alliance with the BJP.The National Peoples Party was ahead in three seats while independents were leading in two.The voting was held in 59 of the total 60 constituencies as three-time Chief Minister Neiphiu Rio of the NDPP was declared elected unopposed from Northern Angami-II constituency.Meghalaya, once a Congress bastion, appeared headed for a government of non-Congress forces. The ruling Congress has won 11 seats and was leading in nine more. In the last elections, it had won 29 seats in the 60-member assembly.The National People’s Party (NPP), a possibly BJP ally, has won three and was ahead in 16 constituencies. The BJP was leading in two constituencies.With power at the Centre, the BJP can look to cobble a post-poll coalition to form a government roping in smaller parties with the NPP at the head. The smaller winning parties include PDF, ahead in four constituencies, UDP, which has won two and was ahead in four seats.The HSPDP has won one seat and was ahead in one more. The KHNAM has won one seat while the NCP was ahead in one seat. Independents have won two seats and were ahead in two more.The BJP has already despatched its leader and North East Democratic Alliance convenor Himanta Biswa Sarma to Shillong to try and form a non-Congress government in Meghalaya.The Congress has also sent its senior leaders Ahmed Patel and Kamal Nath in view of the a likelyhood that it may emerge as the single largest party in the Meghalaya assembly polls.Ram Madhav gave indications of the BJP strategy, saying: “There is a possibility of a non-Congress government in Meghalaya and our effort would be towards that.”Polling for 59 out of the state’s 60 assembly seats was held on 27 February. The election to one seat was countermanded following the killing of a candidate.In Meghalaya, Chief Minister Mukul Sangma was favourably placed in both the constituencies – Ampati and Songsak – from which he is in the electoral race.NPP chief Conrad Sangma, son of late P.A. Sangma, was leading over his nearest rival Bakul Ch. Hajong of the BJP. Sanhma has won five consecutive terms from Ampati constituency since 1993.Polling to the Williamnagar seat was countermanded following the killing of NCP candidate Jonathone Sangma in an IED blast at Sawilgre area in East Garo Hills district on 18 February.last_img