Deepika Padukone made a splash in the city but....
Wriddhiman Saha to undergo shoulder....
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ENGLISH DAILY MORNING REPUTED NEWS PAPER, AHMEDABAD EDITION Editor : Kapilkumar M. Hirpara
Short News
No-confidence motion was case of ‘majority versus morality’: TDP chief
New Delhi: Andhra Pradesh Chief Minister N Chandrababu Naidu on Saturday said that the no-confidence motion in the Lok Sabha was a case of “majority versus morality”. “After 15 years, no-confidence motion was moved by the Opposition parties. We knew they have majority; the motion was majority versus morality,” he said at a press conference in New Delhi: Following the victory of the Prime Minister Narendra Modi-led NDA government trust vote on Friday, Chandrababu Naidu had said the Bharatiya Janata Party (BJP) betrayed the state of Andhra Pradesh, yet again. Chandrababu Naidu also took objections to Prime Minister Narendra Modi’s statement in parliament on Friday that the TDP fell into the trap laid by its Opposition party, YSR Congress party. Addressing the media in the national capital on Saturday, the TDP chief said such statements were not expected from a person sitting on a post such as that of the Prime Minister. “He said you are falling in the trap of YSRCP. I told him as far as I am doing right things, nothing can happen to me and my party. I also asked him how can he compare me with tainted people... YSRCP’s leader is going to court every week,” Chandrababu Naidu said. The Andhra Pradesh chief minister said he is one of the senior politicians in the country and it was unfair to compare him with “tainted” people.
PM Modi taunts Oppn, refers to Rahul Gandhi’s ‘unwanted hug’ at UP rally
Shahjahanpur: Prime Minister Narendra Modi on Saturday took a dig at Rahul Gandhi over the “unwanted hug” he received from Congress president Rahul Gandhi in Parliament, and said the coming together of many parties against the BJP will only help the ‘lotus’ bloom. “We asked the reasons for their no-confidence, but when they failed to give it they ended up giving an unwanted hug,” PM Modi said, referring to Rahul Gandhi’s embrace in Lok Sabha on Friday. Addressing a Kisan Kalyan Rally in Shahjahanpur, PM Modi said: “There is not just one ‘dal’ (political party) but dal over dal resulting in “dal-dal” (marshy land) which will only help the ‘lotus” bloom.” Lotus is the election symbol of the BJP. He said the coming together of several parties against the BJP will be an opportunity. Slamming opposition parties, he said they were running after the Prime Minister’s chair, ignoring the poor, youth and farmers. He used a Hindi expression that translates to more the parties, more the marshy land in which the ‘lotus’ blooms. “Are you people satisfied with what happened yesterday in Lok Sabha... Have you come to know who is at fault.
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After year-long protest, sanitary napkins exempted from GST “Sanitary napkins will be exempted from Goods & Services Tax,” said Finance Minister Piyush Goyal while addressing a press conference in Delhi following 28th meeting of GST Council. New Delhi : In a major relief to women, the GST Council Saturday decided to exempt sanitary napkins from the ambit of the Goods and Services Tax. “Sanitary napkins will be exempted from Goods & Services Tax,” said Finance Minister Piyush Goyal while addressing a press conference in Delhi following 28th meeting of GST Council. Delhi Deputy Chief Minister Manish Sisodia also said that many items under the 28 per cent slab have been removed, ANI reported. “I think the 28 per cent tax slab should be done away with. The issue is being unnecessarily dragged,” said Sisodia, who also handles the Finance portfolio as well. The demand to exclude sanitary napkin from the GST has been going on for a long time. To drive the point home, a group of students from Gwalior launched a campaign in January this year. The students sent sanitary napkins with the
BJP losing allies, will be ousted from power in 2019: Mamata Banerjee
Kolkata : A day after the Narendra Modi-led NDA government defeated the no-confidence motion in Lok Sabha, Trinamool Congress chief Mamata Banerjee said that the BJP have no numbers outside the House and will be ousted from power in 2019 by a federal front alliance of regional parties. Mamata Banerjee also announced a mega rally to be held in the iconic Brigade Parade Ground on January 19 where she will invite all opposition political leaders for the initiation of the federal front against BJP. “On January 19 in brigade parade ground, we will hold a mega rally. The rally will mark the beginning of BJP end. I will call all political leaders (opposition parties). It will mark the beginning of the federal front. Bengal will show the
path in the Lok Sabha polls. But we are not hungry for chair,” she said. Speaking at the 25th anniversary of ‘July 21 TMC Martyr’s Day’ at Esplanade situated in the heart of Kolkata, the TMC supremo said that the no-confidence motion showed how the party is fast losing numbers and allies. “Yesterday, BJP somehow managed to slip through no-confidence motion by 325:126 votes. They somehow managed to get the numbers inside the House. Those are 2014 numbers. In 2019, they will be ousted. They pulled it off because of AIADMK’s support. Had Jayalalithaa been alive, BJP would have never got their vote. But they lost their oldest ally Shiv Sena. BJP is fast losing numbers and
allies. They won the no-confidence motion through ‘acquaintances’,” Mamata Banerjee said. “M K Stalin (DMK working president) will defeat AIADMK in Tamil Nadu. In UP, if Akhilesh and Mayawati come together, their alliance will win 50 of the 80 seats. In Madhya Pradesh, they had got 28 seats but this time they will not win even 8 seats. In Rajasthan, they won 25 seats but this time they will not even win 5 seats there. In Gujarat, they will get zero. In Bihar, Laluji will grasp all the seats. In West Bengal, people will show them the doors. In Odhisa Navin Patnaik will get the seats. In Punjab, Amarinder Singh will thwart them. Where will they get the seats,” said Mamata Banerjee.
Rahul has seriously hurt image of Indian politician before world: Jaitley
New Delhi: Accusing Rahul Gandhi of “concocting” a conversation with French President Emmanuel Macron, Union Minister Arun Jaitley on Saturday said the Congress President has seriously hurt the image of an Indian politician before the world at large. Participating in the debate on ‘no-confidence motion’ in the Lok Sabha on Friday Gandhi said that Macron told him that there was no binding secrecy clause in the Rafale deal. The statement was denied by the French government. “Rahul Gandhi, by concocting a conversation with President Macron, has lowered his own credibility and seriously hurt the image of an Indian politician before the world at large,” Jaitley said in a Facebook post. The minister also hit out at the Congress President accusing him of trivialising the no-confidence motion debate stressing “facts are always sacrosanct”. “None should ever trivialise the debate. Those who desire to be Prime Minister never blend ignorance, falsehood and acrobatics.” In the post titled “Frivolity and the No
Confidence Motion”, Jaitley said the lead participants in the debate are normally senior political leaders. They are expected to raise the level of political discourse. “A Vote of No Confidence against the Government is a serious business. It is not an occasion for frivolity,” he said. The minister said if a participant in the debate happens to be a president of a national political party nourishing prime ministerial aspirations, every word he speaks should be precious. His facts should convey credibility. The NDA government on Friday faced the no-confidence motion brought in by opposition in Parliament on
Friday. The government won the motion by 325 against 126 votes in the Lok Sabha. In his speech, Gandhi had launched a frontal attack on the NDA government over unfulfilled promises and questioned the Rafale deal, demanding answers from Prime Minister Narendra Modi on why he allegedly favoured a particular businessman in the contract. Stating that Gandhi missed a great opportunity, Jaitley said “if this was his best argument for 2019, God help his party”. Attacking Gandhi, Jaitley said his lack of understanding is not only confined to basic issues but also to the niceties of protocol.
message written on them to Prime Minister Narendra Modi and urged him to exempt the taxes levied on the product and make it free of cost. Apart from sanitary napkins, the GST Council also declared stone/marble/wood idols, rakhis, sal leaves, phulbhari jhadu to be exempted from GST. There will also be a rate cute from 28 per cent to 18 per cent on items such as lithium-ion batteries, vacuum cleaners, domestic electrical appliances, paints and varnishes, water coolers, articles such as scents, perfumes, cosmetics. The GST rate cuts announced today will be effective from July 27. Talking about tax returns, Sisodia said the GST Council also approved the quarterly returns for traders having turnover up to Rs 5 crore. Finance Minister Piyush Goyal chaired the meeting of the Goods and Services Tax Council on Saturday, for the first time since taking charge of this portfolio.
J-K Police constable, abducted by militants, found dead in Kulgam Srinagar : A trainee constable of the J&K Police who was abducted from his home late night on Friday has been found dead. As per ANI, Saleem Shah’s bullet-riddled body was recovered from Qaimoh Gath area in Kulgam. Shah was on leave and was allegedly abducted by unknown militants. “Our colleague Salem Ahmed Shah was abducted and killed by terrorists in Kulgam. We condemn this cowardly act. We all
Nationwide indefinite truckers’ strike enters second day, freight rates unavailable
New Delhi : The nationwide indefinite truckers’ strike called by the All-India Motor Transport Congress’ (AIMTC) continued for the second day on Saturday. Due to the strike, the freight rates of the day remained unavailable. The truckers’ key demands include lower diesel prices, reduced toll fee and reduction in central and state taxes by getting diesel under the GST slab. With the School Bus and Company Bus Owners Association of Maharashtra extending their support to the strike, residents of Mumbai on Saturday faced trouble sending children to school. As over 8,000 buses in Mumbai and 40,000 buses across Maharashtra are reported to be affiliated to the association.Speaking to ANI, a local resident of Mumbai said, “We are facing a lot of problems. It is tough to send children to school on time. It’s also raining so streets and stations are waterlogged.
stand by his family at this critical juncture.” the Kashmir zone police tweeted. A manhunt was launched in the area to trace the missing constable, who was under training in Kathua. This is the second incident of a policeman being killed in South Kashmir this month. Earlier, on July 5, constable Javaid Ahmad Dar who was also at home on leave was abducted from Vehil, Shopian. His body was found near a stream by villagers in Pariwan, Kulgam next day.
Amit Shah in 1,800 Delhi BJP WhatsApp groups to ‘stem fake news’
New Delhi: The Delhi BJP has formed hundreds of WhatsApp groups with its national president Amit Shah as a member in each of them for providing “direct information” and stem fake news. In the run-up to the 2019 general elections, BJP’s Delhi unit leaders are revising teams upto Mandal-level and bringing the party office bearers and workers on various social media platforms, including WhatsApp.“We are trying to bring all the party office bearers and workers on social media platforms. So far, over 1800 WhatsApp groups have been formed and the number is increasing. The move is aimed to provide direct information and stem fake news,” said Neelkant Bakshi, Head (media relations) and co-incharge of Delhi BJP’s social media unit. Each WhatsApp group will have contact numbers of Amit Shah and Delhi BJP chief Manoj Tiwari, he said. In a meeting last month, Amit Shah had cautioned social media savvy workers and his party leaders against posting fake news and spreading false messages on social media platforms, saying it hurt the party’s credibility.
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Monday, 22 July, 2019
Ibrahim – From king to ascetic
One of the greatest Sufi masters Ibrahim bin Adham of the 8th century is amongst the earliest of Sufis whose lives have been documented. He came from a family of emperors who ruled in the city of Balkh in Central Asia. Ibrahim was a wealthy king whose palace was full of gold, silver and precious gems. He wore ornaments laced with jewellery and his slippers were studded with gems. One day, Ibrahim renounced the throne to lead a life of complete asceticism. The story that led to the mystic’s change of heart is a famous one. It is said that one night Ibrahim lay asleep on the luxurious bed in his palace. He heard some noises that seemed to come from the roof. On inquiring about the commotion, Ibrahim heard a voice saying: “I am looking for my camel who came here to find some grass to graze.” The king replied that looking for a camel on the palace rooftop was foolish. The voice retorted: “O ignorant one, it is just as foolish to seek God in the palace wearing silken clothes and sleeping on a golden couch.” These words were the beginning of his spiritual awakening. The next day the king called his ministers and asked him to open the palace gates and allow everyone in, as long as they are dressed in good clothes. People came to the palace in clothes of velvet and silk. Then an old man entered with torn and tattered clothes. The guards noticed a light on his face and did not dare stop him. Ibrahim saw him and asked why he came to the palace in such shabby clothes. The man replied: “I have come to a rest house.” The king reminded him that he had come to a palace and not some roadside inn. The man said: “I do not see a palace, just a rest house. Who owned this palace before you?” “My father,” Ibrahim replied. “And before him?” “My grandfather.” “And before him?” “His father.” “And where are they now?” “They have all died and gone away.” “So for each of them this was a rest house. Each one came, rested for a while and then went away. One day, you too shall die and leave this palace. Think about it Ibrahim, this is not a palace, just a rest house.” After saying this, the old man went away. Ibrahim became anguished and had strange visions each night. In order to calm himself, he decided to go hunting in the forest. Four times he heard a voice crying, “Awake!” but he steadfastly ignored it. At the fourth cry he spied a deer and prepared to give chase. However, the deer turned around and spoke to him: “You cannot hunt me; I have been sent to hunt you. Was it for this that you were created, and is this what you have been commanded?” On hearing the deer, Ibrahim let out a loud cry and turned to God in sincere repentance. A spiritual fire alighted in the king’s heart and he headed for the jungles, leaving both wealth and family forever. Ibrahim became the first Sufi to classify the stages of piety, teaching that a man could achieve the ranks of righteousness by following a journey of six steps.
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Hollywood - Bollywood
Dhadak box office collection day 1: Janhvi Kapoor and Ishaan Khatter film earns Rs 8.71 crore New Delhi : Dhadak, the Hindi remake of the acclaimed Marathi film Sairat, released on Friday. The much-awaited debut of late Sridevi’s daughter, Janhvi Kapoor, has opened at the box office with a sum of Rs 8.71 crore. Trade analyst Taran Adarsh took to Twitter to share the figures of the film with a post that read, “#Dhadak takes a HEROIC START… Rarely does a film starring absolute newcomers open so well… Day 1 is higher than #StudentOfTheYear [8 cr]… Fri 8.71 cr. India biz.” The film marks the much-awaited Bollywood debut of Sridevi and Boney Kapoor’s daughter Jahnvi Kapoor. Shahid Kapoor’s half-brother Ishaan Khatter plays the male lead. Ishaan is
already a known name, having starred in Majid Majidi’s Beyond the Clouds last year. Jhanvi, even before the film was announced, had been in the news due to her frequent public appearances. Directed by Shashank Khaitan, Dhadak also stars Ashutosh Rana, Kharaj Mukherjee and Aditya Kumar. Regarding film’s expected performance
agancy film critic Shubhra Gupta gave an average review. She said, “That sense of playfulness which director Shashank Khaitan, going by his previous films (Humpty Sharma Ki Dulhaniya and Badrinath Ki Dulhaniya) exhibited in his earlier work, a quality which made his young leads spark, is missing from Dhadak.
Los Angeles : Actor Margot Robbie is driven “insane” by her loud thoughts when she is left all alone. When she was shooting the 2014 film Suite Francaise, during which she met her husband, assistant director Tom Ackerley, Robbie got so close to some of the crew, she ended up moving into a London apartment with them – Ackerley included – and she makes sure she never goes anywhere without company. “I never do anything on my own,” Robbie told ES Magazine of the importance of friendship, reports aceshowbiz.com. “I don’t see the purpose of doing anything if I don’t do it with my friends. I go mental when I am on my own; my thoughts are so loud it drives me insane,” she added. In the wide-ranging chat, the I, Tonya star opened up about the #MeToo
movement, admitting she knew there was a problem in the industry with sexual harassment, but she didn’t realise it was something women were “allowed” to be angry about. “Because no one spoke about it, no one said, ‘I am not putting up with this any more.’ It wasn’t called a problem, it was called a fact of life. That is such a terrible mindset. If we just accept things like sexual harassment as a fact of life, it doesn’t get fixed.” The 28-yearold actor will be seen on the big screen alongside Saoirse Ronan in the upcoming movie, Mary Queen of Scots. She has also played the role of Harley Quinn in Suicide Squad. Although the film failed to please the audience, her performance as a psychiatrist who goes crazy under the influence of Joker was much lauded.
Jennifer Hudson, Taylor Swift, Ian McKellen to star in Cats movie musical Taylor Swift, Ian McKellen, James Corden and Jennifer Hudson have joined the cast of the movie adaptation of the well known musical, Cats. The movie will be directed by Tom Hooper with a screenplay by Lee Hall.
- Kapilkumar M. Hirpara
Editor
Varun Dhawan shares fanboy moment with WWE star Braun Strowman
New Delhi : Bollywood powerpacked actor Varun Dhawan is on cloud nine as he had a fan moment when he met WWE star Braun Strowman. The actor, who posed with Braun wore a grey T-Shirt and blue shorts with a grey zipper jacket and a pair of red tights, completing his look by pairing up it up with white sneakers. Meanwhile, Braun was wearing a yellow printed vest
in Maharashtra, trade analyst Girish Johar had told indianexpress.com, “I think the Maharashtra belt is important for the movie. There, people will go to the cinemas to see whether the Hindi version of much-loved Sairat is at par with the original or is it better than that. Actually, it can go either way because the comparison is inevitable.” news
Margot Robbie: If we accept sexual harassment as a fact of life, it doesn’t get fixed
and green shorts. The 31-yearold actor took to his Instagram and treated his followers with a photo of himself and Braun flexing together. He wrote, “@ braunstrowman the monster and me get into a flexing contest. Great guy had a lot of fun meeting him thank u @wwe for setting it up.” Prior to this, the October star has also met WWE stars like Jinder Mahal, Triple H, and Sasha Banks. On
the professional front, Varun is all set to share the screen space with actress Anushka Sharma in the upcoming film Sui Dhaaga. Helmed by Sharat Katariya, the film has been produced by Maneesh Sharma under the banner of Yash Raj Films. The flick is based on Prime Minister Narendra Modi’s Swachh Bharat Mission. Sui Dhaaga will hit the theatres on September 28.
Jacqueline Fernandez loves dating, but can’t handle relationships
New Delhi : Jacqueline Fernandez has recently come in limelight thanks to her secret getaway with Salman Khan. Salman was the actor who gave Jacqueline her fame after pairing up with her in ‘Kick’. The two recently came together for ‘Race 3’ and along with his other leading ladies, Salman also took Jackie to the Dabangg Tour Reloaded. Even though people assume they are in a relationship, Jacqueline made a startling revelation on Anaita Shroff Adajania’s chat show ‘Feet Up With The Stars’, stating, “I love the idea of dating, but I can’t handle relationships.” For those who have followed her since the start of her career, Jacqueline was linked to director Sajid Khan and they had a major fallout, to the extent that they would never work with each other again.
Los Angeles :’ Jennifer Hudson, James Corden, Taylor Swift and Ian McKellen will star in a new film adaptation of Andrew Lloyd Webber’s beloved musical “Cats”. Oscarwinning director Tom Hooper will helm the project which is expected to start shooting in England in November, reported Deadline. Lee Hall will adapt the screenplay for the musical, which Lloyd Webber based on T.S. Eliot’s children’s poems. The film will follow the story of a tribe of cats called the Jellicles and the night they make what is known as “the Jellicle choice” and decide which cat will ascend to the Heaviside Layer and come back to a new life.
Deepika Padukone made a splash in the city but we missed Ranveer Singh with her
New Delhi : Deepika Padukone was clicked in Mumbai on Friday evening. The actor who has been away from the limelight after the release of Padmaavat made a delightful appearance in the city with close friends. As she walked out of the restaurant after dinner, she was all jovial and addressed paparazzi with her brightest smile. Sporting a casual look, the actor looked chic and radiant. The last time Deepika made headlines was for a tellall interview to a British magazine Evening Standard where she opened up about sexual harassment she faced during the initial years of her career. She revealed
the advice given to her, “There were lots of things I was advised [to do]. To get a boob job, do the beauty pageants. They felt it was the right way to be recognised or picked up by a Bollywood director or producer. It might be an easier way to achieve what you want to achieve. But I haven’t been that person; I’ve always followed my gut.” Apart from her work, what keeps the Mastaani of Bollywood in news is her relationship with the livewire of Bollywood Ranveer Singh. Their comments on each other’s social media posts keep their fans excited and even
fuel the rumours of them dating each other. Several reports also suggest that the rumoured couple might take the wedding vows on November 10. For those who are wondering where Ranveer is, the Simmba actor’s Istagram story suggests that he is in Bengaluru for a photoshoot. Deepika has been pretty careful about signing films and after her next with Vishal Bhardwaj and Irrfan Khan got delayed, the actor hasn’t taken up any other project. However, her last silver screen outing Padmaavat has made her the reigning queen of the box office.
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Wriddhiman Saha to undergo shoulder surgery in Manchester: BCCI
New Delhi : Wriddhiman Saha will undergo a surgery on his shoulder in Manchester at the end of July or beginning of August, the BCCI confirmed today amid speculations that the Test wicketkeeper’s problem was compounded by a “bungled” rehabilitation programme at the NCA. “Wriddhiman Saha has sustained a posterosuperior labral tear. He will undergo surgery on his shoulder in Manchester at the end of July or
the 1st week of August,” the board said in a statement. “The labral repair surgery will be done by Dr. Lennard Funk in Manchester, UK. The entire course of treatment and consultation that was carried out at the NCA was performed in co-ordination with the India Team management and the GM of Operations,” it added. Saha was not picked for the upcoming Test series against England but the Board did not reveal the full extent of his fitness problems.
SPORTS ROUNDUP
David Warner returns to cricket in Australia in Darwin
Darwin : Former Australia vice-captain David Warner has played his first cricket match in Australia since his balltampering suspension, scoring 36 Saturday in a one-day match in Darwin’s limited overs Strike League. Warner played for the City Cyclones in the 50 overs match against the Northern Tide at the Marrara Cricket Ground. Australia batsman Cameron Bancroft, also suspended over the ball-tampering incident, played in the same competition on an adjacent ground. Warner and Australia
Mansi Ahlawat settles for silver at junior Asian wrestling
New Delhi: Mansi Ahlawat is still unable to believe that she lost, even after the medal ceremony. She can barely control her emotions while she explains how it was her dream to win the gold medal. With her father Pawan Ahlawat and coach Mandeep in the stands, Mansi reached the finals with dominating wins but could not go past Japan’s Akei Hanai in the final who won via technical superiority. “I never thought I would lose 10-0. My father and Mandeep are travelling with me and I wanted to win the
gold medal. I had never wrestled the Japanese wrestler before. This was not the way it should have ended,” Mansi says, holding back her tears. The Junior Asian Championships in Delhi was Mansi’s first event in this category and as the national champion in the 57kg category, she wanted to continue her dominance at the continental level as well. She did that in the first two bouts of the day by defeating Nadia Narin (100) and Zhanerka Assanova (11-0) via technical superiority. For the past four years, Mansi, along with
Bhuvneshwar Kumar’s injury a real setback for India: Sachin Tendulkar
sister Khushi, has been training at the Chhotu Ram Stadium in Rohtak, the same arena where Sakshi Malik trained before her Rio Olympics campaign. But wrestling was not the first sport they tried their hands at. Initially they trained as gymnasts but their interest veered into wrestling after watching the other girls wrestle at the stadium. Everyday, the sisters cycle 10 kilometres to reach the stadium and repeat the drill in the evening. While going back home in the evening, their father Pawan comestopickthemup after wrapping up work at his grocery shop.
Business HDFC Bank net profit misses estimates on higher provisions
captain Steve Smith were suspended for 12 months and Bancroft for nine months for their involvement in the incident during a test against South Africa at Cape Town in March. Their suspensions cover international matches and Austalia’s main domestic competitions but the trio are free to play in independent leagues such as the Strike League. Warner and Smith recently played in a Twenty20 tournament in Canada. Warner played a bright innings Saturday before falling to a topedged catch. He also took a catch in the field.
New Delhi: Bhuvneshwar Kumar’s untimely back injury could well jeopardize India’s chances of winning the five-match Test series against England. Kumar, who has been an integral part of India’s recent success in the longer format would have been a valuable asset against England’s batting. Concurring to it legendary India batsman Sachin Tendulkar also believes that Bhuvi’s injury is a real setback but India should focus on the job ahead. “Bhuvi’s injury (stiff back) is a real setback for India. I for one was expecting a lot from him. He has over the years performed at a level that you expect a certain kind of performance from him. With his ability to swing the ball, he was going to be very critical to India’s scheme of things during the Test
India vs England: I want to be the guy Joe Root looks to, says Stuart Broad London : Stuart Broad wants to be the go-to “guy” for skipper Joe Root as the seamer gears up to prove his fitness and make a comeback in the big-ticket Test series against India, beginning August 1. The Nottinghamshire pace bowler doesn’t want to look too far ahead, but next year’s Ashes series is definitely on his radar. “I think it is quite dangerous to look as far ahead as that. It can take your mind off what is really important,” Broad told Sky Sports News. “I don’t want to look too far
ahead, but a huge goal of mine is to regain the Ashes in 2019. That is number one, top of the list, but what is going to make me a better cricketer in the short term, is to be able to be in that team fit and firing and be the guy Rooty (Joe Root)
Reliance Power net rises 3 per cent to Rs 237.33 cr in April-June quarter New Delhi: Reliance Power on Saturday posted about three per cent increase in its consolidated net profit at Rs 237.33 crore in the quarter ended on June 30, 2018. The company had reported a consolidated net profit of Rs 230.85 crore in the quarter ended on June 30, 2017, a BSE filing said. According to the filing, total income of the company declined to Rs 2,370.55 crore in the first quarter of this fiscal from Rs 2,752.32 crore a year ago. The company said that its 3,960 MW Sasan ultra mega power project
(UMPP) in Madhya Pradesh operated at PLF (plant load factor or capacity utilisation) of 98.2 per cent, the highest ever quarterly station PLF achieved since commercial operation date (COD). It also said that Sasan project’s PLF continues to be the highest among all 1,000 MW plus thermal plants in the country for two consecutive quarters. Its 1,200 MW Rosa power plant in Uttar Pradesh operated at PLF of 63 per cent while the 600 MW Butibori power plant in Maharashtra operated at PLF of 45 per cent.
Mumbai: Precious metals extended its slide for the 2nd consecutive week and cracked below Rs 30,000-mark to close at Rs 29,835 per 10 grams at the bullion market during the week amid weakening global trend and considerable fall in demand from local jewellers. Traders said sentiment was downbeat as gold prices slipped to their lowest in a year in global markets, as the dollar firmed after Federal Reserve Chairman Jerome Powell’s US
economic outlook reinforced views that the central bank is on track to steadily hike interest rates, eroding appeal of the precious metal. The yellowmetal shed a whopping 2.29 per cent in its two week downslide, or Rs 695 per 10 grams. Silver slipped below the Rs 38,000-mark due to reduced offtake by industrial units and coin makers. The whitemetal plunged 3.57 per cent in its second weekly fall, or Rs 1,390 per kg.
Gold slips for the 2nd consecutive week Mumbai: HDFC Bank Ltd posted a 18.2 per cent rise in first-quarter net profit but missed analysts’ estimates as the lender chose to include all mark-to-market losses in the first quarter, leading to higher provisions. Net profit rose to 46.01 billion rupees ($669.43 million) for the quarter ended June 30, from 38.94 billion rupees a year ago, India’s second-biggest lender by assets said in a statement. Analysts had on average
expected a net profit of 47.66 billion rupees for the bank that has the highest market capitalisation in the sector at nearly $85 billion, according to Thomson Reuters data. Gross bad loans as a percentage of total loans stood at 1.33 per cent at end-June, versus 1.3 per cent at end-March. With its strong retail presence and relatively smaller exposure to sectors such as infrastructure that have led to record levels of bad loans in India’s
banking sector, HDFC Bank is a favourite among investors. Its loans at endJune grew 22 per cent from a year earlier. Private sector banks have expanded loans at a faster pace and have snatched market share from dominant state-backed lenders that account for the bulk of bad loans in India. Provisions, or the amount set aside by the bank to cover a future liability, for the quarter rose to 16.29 billion rupees from 15.59 billion rupees,
last year, with the lender not opting for a central bank dispensation of spreading bond losses over four quarters. This led to a mark-to-market loss of 3.91 billion rupees in the quarter, the bank said in a statement. Net interest income rose 15.4 per cent from a year earlier, while net interest margin came in at 4.2 percent. HDFC Bank’s smaller rival Kotak Mahindra Bank Ltd missed profit estimates earlier this week as provisions surged.
series,” Tendulkar told PTI. “And let’s not forget those runs that Bhuvi scored in England during the last series (2014). He is a decent enough batsman, who could string those partnerships at the back end of the innings. But then, I believe that we still have a lot of quality in our pace department (Ishant Sharma, Umesh Yadav, Mohammed Shami, Shardul Thakur),” he added. Another Indian seamer who will be out of action is Jasprit Bumrah. But according to Tendulkar, his absence was felt more in the ODI series. “Bumrah was certainly missed by India in the ODI series during those crucial death overs where he has been a champion bowler. He has started off well in Test cricket and this series is a wonderful opportunity for him.
looks to.” On a comeback trail, Broad will look to regain full fitness after suffering an ankle injury playing for his county against Worcestershire in the Specsavers County Championship last month. “I really need to shorten my mindset and get things that are really reachable now and get things to push towards, rather than look to ends of careers because once you do that you slow down as a person and I am not at the stage of wanting to do that.”
Sensex snap two week winning streak, slip 45 points
Mumbai: The benchmark Sensex snapped its two week winning streaks to register small losses by 45.26 points to conclude at 36,496.37, while the broader Nifty managed to maintain the key 11,000-level to close at 11,010.20, losing a marginal 8.70 points. Caution ruled roost during the week trade, weighed down by economic woes set-off by the surging June Wholesale price (WPI) inflation which shot-up to a four-year high to 5.77 per cent increased the chances of RBI hiking rates in its August meet.However, a 4 per cent drop in global crude oil amid good corporate earning results and reports of government plan to infuse capital in troubled PSU banks alleviated the situation for a brief spell, only to be marred by political drama triggering a turn-around. The no-trust motion against the BJP government on first of day of monsoon session of parliament brought investors anxiety once again, However, the market rebounded strongly in Friday session, driven by spurt in IT and Pharma counters, while the rupee hit record low at 69.13 vs US dollar. The BSE Sensex started the week positive at 36,658.71 and hovered between life time highs of 36,747.87 and low of 36,261.78 before closing the week at 36,496.37, showing a modest loss of 45.26 or 0.21 per cent. (The Sensex gained 1118.15 points or 3.16 per cent in the previous two weeks session). The Nifty also resumed the week higher at 11,018.95 and traded between 11,076.20 and 10,925.60, the index finally closed at 11,010.20, a marginal loss of 8.70 points, or 0.08 per cent. In the broader market both Smallcap and Midcap ended the week with substantial losses. Selling was led by Metal, Realty, HealthCare, Auto, Capital Goods, FMCG, Power, Banks and IPOs. Buying was witnessed in Oil&Gas, IT, Consumer Durable, Teck and PSUs. Meanwhile, foreign portfolio investors (FPIs) and foreign institutional investors (FIIs) sold shares worth Rs 1,059.35 crore during the week, as per Sebi’s record including the provisional figure of July 20, 2018. The BSE Mid-Cap index lost 235.01 points or 1.52 per cent to settle at 15,196.46. The BSE Small-Cap index lost 474.90 points or 2.93 per cent to settle at 15,721.43.
4 / Dt. 22-07-2019, Monday, Ahmedabad
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Known for building some important satellites of the country, Misra is one of the top contenders to head the Indian Space Research Organisation (ISRO) in future.
ISRO shifts senior scientist Tapan Misra from Ahmedabad to its headquarters in Bengaluru Ahmedabad : ISRO Chairman K Sivan has moved out Tapan Misra, the director of one its crucial branches to Bengaluru, appointing him as its advisor, an official said. There is a buzz that the senior scientist was shunted out due to his differences with Sivan over the increasing role of private entities in the different areas of ISRO’s operations. However, an official said the director of the Space Applications Centre in Ahmedabad was moved and has been given “the position of an advisor”. D K Das, another senior scientist, has replaced Misra. Known for building some important satellites of the country, Misra is one of the top contenders to head the Indian Space Research Organisation (ISRO) in future. For instance, A S Kiran Kumar was the
head of the Space Applications Centre before becoming the ISRO chief. Similarly, the incumbent ISRO chief was the director of Vikram Sarabhai Space Center. ISRO has several branches that work in very niche areas and usually the head of these centres is appointed as the head of the organisation.
The meeting, which will take place on Sunday in Delhi, will involve interactions with consumer representatives and energy secretaries of states procuring power from these plants.
Gujarat Govt Panel Charged With Aiding Tata, Adani, Essar Power Plants to Meet
Ahmedabad : The toplevel committee set up by the Gujarat government to find ways to bail out the loss-making, imported coal-based power plants of Adani Power, Tata Power and Essar will meet tomorrow for the first time, according to sources. The meeting, which will take place in New Delhi, will primarily involve an interaction with consumer representatives and energy secretaries of states procuring power from these plants under longterm contracts. A handful of power plants of Adani, Tata and Essar were rendered financially unviable by the Supreme Court’s judgment last year, which quashed the compensatory tariff that was awarded to them by the Central Electricity Regulatory Commission (CERC). The power distribution companies (discoms) from Maharashtra, Rajasthan, Haryana
and Punjab, besides the home state of Gujarat, are among contracted buyers of electricity from these plants. Sunday’s meeting assumes added significance given that discoms and consumer groups have strongly opposed tariff hike proposals. Sources with knowledge of the matter say if a relief package is in the offing, the committee wants to understand how it would impact all stakeholders. The panel, which was formed recently by the Gujarat government, includes former Supreme Court judge justice R.K. Agarwal, former Reserve Bank of India deputy governor S.S. Mundra and ex-CERC chairman Pramod Deo. It is being assisted by NTPC and SBI Caps. Significantly, it was Pramod Deo who as CERC chairman in 2013 approved compensatory tariff for Adani Power’s and Tata Power’s generating stations in Mundra, Gujarat.
So, there is a speculation that Misra’s removal may hurt his prospects. However, the official added that there was no co-relation with Misra’s transfer to the headquarters and his career progression. Misra, who graduated in electronics and telecommunication engineering from Jadavpur
Creative ICEX holds first product orientation netizens chide for end-users to educate them Government’s on the to-be-launched Petrol & statement on Diesel Futures Contracts the most important outside food in Ahmedabad: Indian ofcommodities. Since Commodity Exchange Cinema Halls Limited (ICEX), a Gujrat is a very
The Ahmedabad: government’s announcement on Friday the 13th July about allowing outside food in cinema halls has caught the creative side of the netizens. Since 8 days social media has been filled with reactions and hilarious jokes. From Twitter to Facebook to Instagram, social media is loaded with discussions about the same. Apart from some serious concerns that were raised by important people related to the industry; here are some memes that surfaced on the social media:
World class, World Wide. Travel just got a whole lot easier
Ahmedabad : Rushing off to the airport? Trying to pack for an extended, multi-city business trip? Hoping to stay on an extra few days after a work conference? If you’re on the go,nothing slows you down faster than a clumsy travel bag, and that is why CarltonEdge makes luggage to simplify your experience. Their efficient, wellsized, cleverlydesigned carry-on
University, Kolkata in 1984, worked for three decades at the Space Applications Centre (SAC) before taking over the reins of the centre on February 20, 2015. SAC under his leadership developed several surveillance satellites like Risat and Cartosat, which are today used by the military and security agencies to keep an eye on the enemies. The engineer also played a key role in the development of India’s own navigation system. The miniaturised version of a chipset, which is needed in a navigation device to access navigiation satellite signal, was developed under his leadership. Misra also played a key role in the development of a satelliite-based early warning system for unmanned railway crossings.
screen-based online derivatives exchange for commodities, which began operations in August 2017 by launching the world’s 1st Diamond Futures contracts is all set to take the next big step with the launch of Petrol & Diesel Futures contracts. The oil ministry gave an in-principle nod to the Exchange to launch Petrol & Diesel Futures contracts in the month of May 2018 and clearance from SEBI is awaited on it. The proposed Petrol & Diesel Futures would enable the Retail Outlets, large fleet owners, transporters, multiple industries who are bulk consumers and even indirectly the retail consumers to safeguard against the price uncertainty and protect their business margins. While SEBI approval is awaited, ICEX has already embarked on the journey to educate relevant stakeholders of the nature of the product and its utility in hedging risks against price vagaries of one
important state from the logistics point of view with a bulk of transport movement happening through this State, the company held the first of the stakeholder engagement in Ahmedabad today. Speaking on the occasion Sanjit Prasad, MD & CEO, ICEX said “Multiple industry sectors such as Agriculture, Transport, Small-scale power generation, Manufacturing, Cement, Chemical, Defence, Railways, Cement plants, Chemical plants etc. will stand to benefit by price risk hedging in this product.” Indian Commodity Exchange Limited is a nation-wide on-line trading platform in commodity derivatives. It commenced operations with the launch of Diamond Futures contracts in August 2017 and has put in place grading and vaulting facilities for diamonds in order to facilitate deliveries.
international 15-yr-old jailed in Indonesia for having abortion after being raped by brother
Jakarta: A 15-year-old girl who was raped by her older brother has been jailed for six months for having an abortion, an Indonesian official said on Saturday. The girl was sentenced on Thursday alongside her 17-yearold brother in a closed hearing at Muara Bulian District Court on the island of Sumatra, court spokesman Listyo Arif Budiman said.“The girl was charged under the child protection law for having an abortion,” he told AFP. Her brother was sentenced to two years in jail for sexually assaulting a minor. Indonesia forbids abortion unless a woman’s life is at risk or under certain circumstances if she is raped.
The law requires that an abortion must be performed by a registered professional no later than six weeks into a pregnancy, and the woman must undergo counselling. The girl, who was raped by her brother eight times starting in September last year, had the abortion about six months after becoming pregnant, Budiman said. She was helped by her mother who is facing separate charges. Police arrested the siblings in June after a male foetus was discovered at a palm oil plantation near Pulau village in Jambi province. Prosecutors had originally asked that the girl be jailed for one year and her brother for seven.
Democrats with Intel, military backgrounds tout service after Trump-Putin summit
Washington : Democrat Abigail Spanberger, a former CIA officer running in a competitive congressional race in Virginia, is using the outcry over President Donald Trump’s meeting with Russia’s Vladimir Putin to press what she and other Democrats believe will be a powerful campaign theme.She declared that her Republican rival is choosing party over country – a message Spanberger and dozens of other Democratic candidates with U.S. military or intelligence agency experience believe will resonate with voters, bolstered by their
national security credentials. By touting their service, the Democratic candidates are trying to upend a long-held political tenet that Republicans are the country’s foreign-policy hawks. This year, some Democrats see an opening, fueled by Trump’s embrace of Putin, to speak to voters worried that American alliances may be shifting. “Russia was never a daily issue, which is why our candidates were focused on bread-and-butter issues,” said Democratic strategist Maria Cardona with the Dewey Square Group, who was a Democratic National Committee spokeswoman.
Maryam Nawaz refuses to shift to Sihala rest house: Report
‘Pink Panther’ thieves wanted by Interpol found in Serbia after 15 years
Uzice, Serbia: They believed they were safe but a few blood drops betrayed them: 15 years after a daring robbery at a French jewellery store, the four alleged perpetrators have been stylish bags are every person’s found -- in Serbia. The dream. Carlton Edge bags Belfort job had all the areimmaculately crafted making it hallmarks of a “Pink sleek, tough, symbolic and ready to Panther” operation, the go places with the new generation. modus operandi used Carlton Edge salutes the maverick by an international spirit and is their partner in the jewel thief network of journey with a series of lifetime Serbs and Montenegrins warranty. No questions asked. responsible for some Including airline damage. It’s all of the most audacious robberies of the past about quality and style!
two decades. Between 1999 and 2015, these criminals are thought to have carried out at least 380 armed robberies, targeting high-end jewellery stores and snatching 334 million euros (USD 391 million) worth of loot, Interpol says. One morning in September 2003, a group of masked men burst into a jewellery shop in Belfort, a town in eastern France just 25 kilometres (15 miles) from the Swiss border.
Islamabad: Jailed former prime minister Nawaz Sharif’s daughter Maryam has refused to shift to the Sihala Rest House, saying she would prefer staying at the high-security Adiala Jail with her father and husband, according to a media report. Sharif, 68, and his daughter Maryam, 44, were arrested in Lahore on July 13 on their arrival from London after
an accountability court found them guilty over his family’s ownership of four luxury flats in London. They were later taken to Adiala Jail in Rawalpindi. Both Sharif and Maryam have been sentenced by the accountability court to 10 and 7 years in prison respectively for corruption charges linked to the Panama Papers scandal.
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