Lewis Hamilton to take hefty grid penalty in Belgian Grand Prix

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first_imgLewis Hamilton will start Sunday’s Belgian Formula One Grand Prix from near the back of the grid as the world championship leader takes a hefty grid penalty for exceeding his allowed allocation of engine components.”As far as I’m aware, we will be taking the penalty this weekend,” the Mercedes driver told reporters at the Spa-Francorchamps circuit on Thursday. “I have no engines left.”Just how many places he will drop on Sunday’s grid, however, remains unclear with a team spokesman saying the Briton was expected to start at the back or very close to the back of the grid. (Also read: Rejuvenated Lewis Hamilton has 50th win in his sights)Hamilton holds a 19-point lead in the standings over team mate Nico Rosberg with nine of a record 21 races still to run.The Briton has won six of the last seven grands prix and heads into the weekend gunning to become only the third driver in history to score a landmark 50th career win.last_img read more

International Tennis Federation denies trying to ban Maria Sharapova for four years

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first_imgThe International Tennis Federation (ITF) has denied that it tried to ban Russian tennis star Maria Sharapova for four years.After the ruling of the Court of Arbitration for Sport (CAS), which reduced the sanction of the Russian player to 15 months, the ITF on Thursday said that it did not “try to ban Sharapova for four years, as has been suggested”, reports Efe.The ITF said in a statement that “it was the responsibility of the Independent Tribunal – and subsequently the CAS Panel – to determine what the appropriate sanction should be”.The federation defended the independence of the members of that court after Sharapova cast doubt on its neutrality.”Sharapova’s legal team was given the opportunity to object to the appointment of any member of that Tribunal in advance of the hearing, and they agreed in writing that they had no such objection,” the note added.last_img read more

Vivo V17 Pro: Meet world’s first dual pop-up selfie camera smartphone in pictures

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first_imgOther Galleries 6 images Fri, 11 Oct, 2019 OnePlus 7T Pro McLaren Edition is as much an eye pleaser as an exotic McLaren supercarOther Photogallery CategoriesIndiaMoviesLifestyleTelevisionAdd new comment Your name * E-mail * The content of this field is kept private and will not be shown publicly. Comment *More information about text formatsPlain textNo HTML tags allowed.Web page addresses and e-mail addresses turn into links automatically.Lines and paragraphs break automatically.647×363: 483×271: 370×208: 170×96: 88×50: Section: PhotoTechnologyTechnologyGallery Image: Image: Photo By: Sneha SahaCaption: Vivo V17 Pro comes with six cameras in total. Two on the front and four on the back panel.Gallery Big Image: Thumb Image: Enable: EnableOrder: 0Image: Photo By: Sneha SahaCaption: The Vivo V17 Pro comes with dual pop-up selfie camera. The phone uses 32MP primary camera on the front and 8MP secondary shooter.Gallery Big Image: Thumb Image: Enable: EnableOrder: 0Image: Photo By: Sneha SahaCaption: The Vivo V17 Pro comes with 6.44-inch Super AMOLED display that offers aspect ratio of 20:9.Gallery Big Image: Thumb Image: Enable: EnableOrder: 0Image: Photo By: Sneha SahaCaption: On the rear panel the Vivo V17 Pro sports a 48MP primary sensor, secondary 13MP sensor, third is an 8MP shooter and fourth is a 2MP camera.Gallery Big Image: Thumb Image: Enable: EnableOrder: 0Image: Photo By: Sneha SahaCaption: The back panel of the Vivo V17 Pro uses Gorilla Glass 6. The phone sports a 4100mAh battery with 18W fast charging support.Gallery Big Image: Thumb Image: Enable: EnableOrder: 0Image: Photo By: Sneha SahaCaption: The Vivo V17 Pro will be powered by Qualcomm Snapdragon 675 processor.Gallery Big Image: Thumb Image: Enable: EnableOrder: 0Credit/Source: Credit to AllTags: vivoVivo V17 ProSource type: photogalleryPhoto By: Sneha SahaShort description: The Vivo V17 Pro is all set to launch in India on September 20. This is the first smartphone in the world to come with a dual pop-up selfie camera setup. Take a look at the pictures.Preview_unique_id: preview_5d7f2b8142e5d1568615297_1599592_editCommentContent Publish date: Monday, September 16, 2019 – 11:00Story Extra Data: eyJzZWN0aW9uIjpbIjEyMDg1MjEiLCIxMjA2Njg4Il0sImNhdGVnb3J5IjpbIjEyMDg2ODEiXSwic3ViX2NhdGVnb3J5IjpudWxsLCJzdWJfc3ViX2NhdGVnb3J5IjpudWxsLCJzdWJfc3ViX3N1Yl9jYXRlZ29yeSI6bnVsbCwicHJpbWFyeV9jYXRlZ29yeSI6IjEyMDY2ODgifQ==770×433: Short Headline: Vivo V17 Pro: Meet world’s first dual pop-up selfie camera smartphone in picturesApp headline: Vivo V17 Pro: Meet world’s first dual pop-up selfie camera smartphone in pictures1200x675:last_img read more

Brittany Ferries Invests in Two New Ships

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first_imgzoomImage Courtesy: Brittany Ferries France-based shipping company Brittany Ferries has confirmed the charter of two new cruise-ferries to serve its long-haul UK to Spain routes.To be chartered from Swedish shipping company Stena RoRo, the ships will be built at the Avic International Weihai shipyard in China, with the first arriving in 2021.The latest investment comes after work began this spring on a brand new LNG cruise ferry called Honfleur to serve the Portsmouth – Caen crossing. Like Honfleur, which arrives in 2019, both ships announced today will be registered under the French flag and will be crewed by French seafarers.“Together the three ships will spearhead a wide-ranging, five-year fleet-renewal and modernisation programme worth around GBP 400m,” Brittany Ferries said in a statement.Portsmouth is Brittany Ferries’ UK hub and will serve as the base for both ships. Upon arrival they ships cater for an ever-increasing demand for long-haul ferry travel to Spain. In 2017 the company, operated 844 sailings on routes from Portsmouth, Poole and Plymouth to Santander (Cantabria) and Bilbao (Basque Country), carrying 331,000 passengers and 150,000 cars. That was around 80 percent more than ten years earlier, as informed by Brittany Ferries.“Spain is by far the most popular foreign destination for UK holidaymakers, and we have seen significant growth in demand. Post-Brexit, we expect this to continue and today’s announcement is a clear statement of intent. As well as passenger traffic, we believe that an increase in freight capacity will open the door to more hauliers seeking direct access between Britain and the Iberian peninsula,” Jean-Marc Roué, Brittany Ferries’ president, commented.With a length of 215 meters and a width of 27.8 meters, the new 42,200-ton vessels will be the longest in Brittany Ferries’ fleet. The new ships, belonging to Stena RoRo’s new generation of ‘E-Flexer’ vessels, will be gas-ready. They will have around 300 cabins that will cater for approximately 1,000 passengers, according to the company.The announcement follows the launch of the first ever direct ferry service linking Ireland with Spain in April. Brittany Ferries’ Connemara made its first call into Santander from Cork on May 9, 2018.last_img read more

OIL net drops 11 on lower oil prices

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first_imgNew Delhi: State-owned Oil India Ltd (OIL) recently reported an 11 per cent drop in its June quarter net profit as it faced double whammy of falling oil prices and a dip in production. Net profit in April-June at Rs 624.80 crore was 11.15 per cent lower than Rs 703.22 crore net profit reported in the same period last year, the company said. Turnover too was lower at Rs 3,373.36 crore as compared to Rs 3,390.46 crore in the first quarter of the previous year. Also Read – Thermal coal import may surpass 200 MT this fiscalOIL got $66.33 for every barrel of crude oil it produced and sold in April-June 2019. This was lower than $72 per barrel price realisation a year back. Also, oil production declined to 0.813 million tonnes from 0.844 million tonnes. Natural gas output however improved to 0.712 billion cubic metes in April-June as against 0.696 bcm last year. “Average natural gas price realisation during Q1 FY 2019-20 improved to $3.69 per million British thermal unit as compared to $3.06 per mmBtu in Q1 FY 2018-19,” it added.last_img read more

US Army puts construction of Dakota Access pipeline on hold – for

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first_imgTom Fennario APTN National NewsThe U.S. Army Corps of Engineers is temporarily putting the brakes on further development of the Dakota Access pipeline on land under its jurisdiction.A statement from USACE late Monday said that it’s too soon to give a go ahead with construction of the pipeline that has seen hundreds of people arrested during daily protests.“The Army has determined that additional discussion and analysis are warranted in light of the history of the Great Sioux Nation’s dispossessions of lands, the importance of Lake Oahe to the Tribe, our government-to-government relationship, and the statute governing easements through government property,” said the release.However, the release goes on to encourage the Standing Rock Sioux to find a compromise that will allow the DAPL to be completed.“ The Army invites the Standing Rock Sioux Tribe to engage in discussion regarding potential conditions on an easement for the pipeline crossing that would reduce the risk of a spill or rupture, hasten detection and response to any possible spill, or otherwise enhance the protection of Lake Oahe and the Tribe’s water supplies.”The Standing Rock Sioux Tribe is in court suing the USACE for giving its approval of the Dakota Access Pipeline Limted (DAPL) project.A press release from the Tribe followed shortly after stating that while the Army’s response falls short of what they had hoped for, it shows that the federal government is listening.“We are encouraged and know that the peaceful prayer and demonstration at Standing Rock have powerfully brought to light the unjust narrative suffered by tribal nations and Native Americans across the country,” said Standing Rock Sioux Tribe Chairman David Archambault II.The almost 1800km DAPL is nearly complete. The final steps involve drilling under the Missouri River at Lake Oahe – which is land under the jurisdiction of the USACE, and less than a kilometre upstream from the Tribe’s reservation.The Standing Rock Sioux say a pipeline leak into their water would be “culturally and economically catastrophic” for the Tribe.Archambault credits the months of protests by water protectors from over 400 different Native American tribes and Canadian First Nations, as well as non-Indigenous allies, for buying the Sioux of Standing Rock more time.“Millions of people have literally and spiritually stood with us at Standing Rock. And for this, you have our deepest thanks and gratitude. The harmful and dehumanizing tactics by the state of North Dakota and corporate bullies did not go unnoticed because of you. Not all of our prayers were answered, but this time, they were heard.”The stand-off between water protectors, police, and workers on the pipeline has grown increasingly acrimonious. The battle over DAPL came to a head in late October when local and state police backed by the North Dakota National Guard used sound cannons, pepper spray and bean bag rounds to break up a barricade set up on Hwy 1806. Hundreds were arrested and one water protector was charged with attempted murder of a police officer.tfennario@aptn.calast_img read more

Toys R Us Canada unveils plans to open two smaller stores next

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TORONTO — Toys “R” Us Canada says it will open two new stores in the first half of 2020 — a day after the company’s president resigned from the retail chain.An executive says the two stores will be smaller than the company’s typical big-box format, but bigger than its roughly 930-square-metre Guelph, Ont., location dubbed a Toybox that opened last year.Frank Juhasz says the locations have yet to be announced, but they won’t be in a major market like Toronto.The expansion to 85 stores comes after a tumultuous time for the toy seller after its American and U.K. counterparts liquidated stores, and the Canadian business sought creditor protection.Fairfax Financial Holdings Ltd. eventually purchased the Canadian operation for $300 million and has plans to significantly grow the company.The expansion news came shortly after the company’s president, Melanie Teed-Murch, tendered her resignation Monday after more than two decades working with the company. Companies in this story: (TSX:FFH).The Canadian Press read more

Poverty unemployment key to defeating hunger FAO told as session opens

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Speaking at the opening ceremony of the 31st session of the FAO Conference, Patricio Aylwin said the problem of hunger could not be solved only by increasing agricultural production. “The problem is more complex and refers to the lack of income and employment, and consequently high levels of poverty,” he said. “Only poverty has been truly globalized in our age.”Drawing attention to the fact that FAO founder Frank McDougall and President Franklin Delano Roosevelt, for whom Mr. McDougall acted as an advisor, both believed hunger and poverty could be eradicated in a generation, Mr. Aylwin said he wondered how, 56 years later, there had been so little progress in helping the poor. The reasons for this “tragic failure” were to be found in the lack of political commitment of richer countries to help the poor ones, of developing countries themselves to help their poor, and in wrong economic approaches, he stressed. Mr. Aylwin, who served as Chile’s President from 1990 to 1994, was invited by FAO to deliver the lecture as a statesman who has contributed to the strengthening of democracy in the entire Latin American region. Turning to Latin America and the Caribbean, Mr. Aylwin said that according to ECLAC, the UN Commission in the region, there was a slowdown in economic growth during the 1990s that followed the implementation of the structural adjustments recommended by the international funding institutions. He noted that the numbers of poor people increased by 28 million while the problem of unequal income distribution persisted. Most employment opportunities were generated in the informal sector and wages in several sectors were lower than those of the previous decade.In other news from FAO, the agency announced today that it had awarded CNN’s Jim Clancy and Indian journalist Palagummi Sainath this year’s A.H. Boerma Award, which recognizes journalistic excellence in raising awareness of global hunger. The prize brings with it an award of $10,000, to be split between the winners. read more

Survey US consumer confidence slips in January

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Survey: US consumer confidence slips in January by Paul Wiseman, The Associated Press Posted Jan 29, 2016 8:21 am MDT Last Updated Jan 29, 2016 at 12:00 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email In this Wednesday, Jan. 20, 2016, photo, a shopper strolls down the street in Carytown, a stretch of shops and restaurants a few miles west of downtown Richmond, Va. On Friday, Jan. 29, 2016, the University of Michigan issues its monthly index of consumer sentiment for January. (AP Photo/Steve Helber) WASHINGTON – American consumers lost some confidence this month after the stock market tumbled and the economy showed signs of weakness, the University of Michigan said Friday.The university’s index of consumer sentiment slipped to 92 in January from 92.6 last month. A year ago, the index stood at 98.1.Richard Curtin, chief economist for Michigan’s surveys, blamed a drop in stocks that caused an “an erosion of household wealth, as well as weakened prospects for the national economy.”The Dow Jones industrial average has dropped more than 6.5 per cent so far this year, largely on fears that China’s slowing economy is dragging down global growth. And the U.S. government reported Friday that the U.S. economy expanded at an anemic 0.7 per cent annual pace from October through December.“Consumers anticipate that the growth slowdown will be accompanied by smaller wage gains and slight increases in unemployment by the end of 2016,” Curtin said.He noted that the massive snowstorm that hit the East Coast last week appeared to have had no impact on consumers’ spirits.Consumers’ assessment of current economic conditions dimmed in January, compared to December; their outlook for the future was unchanged.Laura Rosner, economist at BNP Paribas, said in a research note that the Michigan survey showed “a somewhat less healthy, though still elevated, level of consumer optimism.”On Tuesday, the Conference Board reported that its consumer confidence index rose to 98.1 in January from 96.3 last month. Economists say consumers are benefiting from a strong U.S. job market — unemployment is at a seven-year low 5 per cent — and lower gasoline prices. AAA says a gallon of unleaded gasoline costs $1.81, down from $2 a month ago. read more

Yemen conflict death toll nears 650 with UN rights office spotlighting plight

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“There has also been severe destruction of civilian infrastructure, including houses, in many districts” of Yemen, said spokesperson Ravina Shamdasani for the Office of the UN High Commissioner for Human Rights (OHCHR).Figures from 26 March up to 3 May from the field show that at least 646 civilians have been killed, including 50 women and 131 children, and more than 1,364 civilians have been injured, Ms. Shamdasani told reporters at a press briefing at UN headquarters in Geneva.“We reiterate that all suspected violations of international human rights law and humanitarian law during the conflict should be investigated, and that the intentional targeting of civilians not taking direct part in the hostilities should be immediately stopped,” she said. The human rights spokesperson also drew particular attention to the plight of persons with disabilities in Yemen – some 3 million people “who are facing serious protection concerns and increasing difficulties in meeting their basic needs.”“Those who use wheelchairs have limited or no access to public or private transport facilities due to fuel shortages and high fuel prices across the country,” she said. “As a result, some people with disabilities and their families have been unable to flee to safe areas.”“The recent events have led to the closure of 300 organizations that previously provided specialist services for people with disabilities,” Ms. Shamdasani went on to say. “Some people with disabilities require ongoing medical treatment which has been discontinued.”In recent days, UN human rights monitors have documented the destruction of a number of civilian houses, reportedly belonging to individuals affiliated with the Houthis, by airstrikes, she said.“In one incident,” she said, “on 1 May, at least 17 civilians were killed, including four children and nine women, and 27 civilians were injured as a result of an airstrike that allegedly targeted the home of a Houthi leader in the Sa’wan area of the capital, Sana’a City. Residents reported that they had believed their homes were safe as there were no military locations nearby.”In the war-torn seaside city of Aden, at least 22 civilians were killed in two separate incidents in the past week, according to the OHCHR spokesperson.“And we are particularly concerned about airstrikes which hit a military field hospital in Damnat Khadeer District, 40 kilometres north of Taiz,” she said. “UN human rights field monitors were denied access to the site, so it has been difficult to verify the death toll and establish who the victims were.” read more

Recsk copper mine northeast Hungary for sale

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first_imgHungarian state-owned company Mecsek-Oko is selling the Recsk copper mine near the town of the same name in northeas Hungary. Reserves are known to be up to 800 Mt of  ore. Mecsek-Oko CEO Bela Papp said that four  international mining companies have already purchased the tender documents. The tender deadline is May 30 this year.Mecsek-Oko believes that following the significant rise in copper price the 1,200-m deep mine can now be economical. The company estimates that around HUF100 billion will need to be invested for the mine, which was closed in 1999, to be brought back into production. Mining operations started in Recsk in 1986, but further development was abandoned in 1987, following a fall in the price of copper.The mine was previously put up for sale in early 2005, but the company that won the tender failed to complete the transaction. www.mecsek-oko.hulast_img read more

Marco Silva – Yerry Mina ready for Everton debut

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first_imgEverton manager Marco Silva has revealed that Yerry Mina is set to make his Everton debut when they host Brighton at Goodison Park on Saturday.Mina has been plagued with injury and has yet to make an appearance for Everton since his £27.2m transfer from Barcelona on deadline day, but Silva says he could feature their home league game against Brighton.Mina’s last appearance was at the 2018 World Cup when Colombia lost to England on penalties.Premier LeaguePremier League Betting: Match-day 5 Stuart Heath – September 14, 2019 Going into the Premier League’s match-day five with a gap already beginning to form at the top of the league. We will take a…Everton will be without center back Kurt Zouma next week they play Chelsea, and Silva wants to give Mina game time as he could possibly fill in for the French man.“It’s something you already know, some months ago, that Zouma won’t be able to play next week,” Silva told Sky Sports.“But our way to think is preparing the other players to play. Mina is ready to play if I make the decision.“It is the Brighton match, nothing more. We do not think about Chelsea. Our ambition and focus is on tomorrow’s match. The friendly match next week [against Gor Mahia] could be a good solution.”last_img read more

Kentucky Needs Assessment of Cybersecurity Infrastructure Market Potential

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first_img Dan Cohen AUTHOR The Kentucky Commission on Military Affairs is seeking a consultant to study the cybersecurity industry in the state.The study — made possible through assistance from DOD’s Office of Economic Adjustment — will analyze the state’s current cybersecurity infrastructure (power grids, air traffic controllers, financial systems, communication networks, stored personal identified information) to determine the overall readiness in protecting critical structures and information. Additionally, the study will assess how Kentucky can develop this sector for economic potential.Based on analysis of current readiness, the consultant will make recommendations concerning industry sector opportunities, education, legislation, economic incentives and workforce structure to ensure the commonwealth has efficient and robust systems in place in order to protect statewide infrastructure, organizations and the privacy of its citizens.The RFP is available on the state procurement website. Bid proposals are due June 30.For questions on RFP bid submissions, please contact Holly Callaghan, (502) 564-4932, Holly.Callaghan@ky.gov. last_img read more

No law prevents Sri Lankans from joining terror outfits abroad PM Wickremesinghe

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first_imgCrime scene officials inspect the site of a bomb blast inside a church in Negombo, Sri Lanka.Reuters file [Representational Image]Sri Lankan Prime Minister Ranil Wickremesinghe’s revelation that the country had information about the presence of Islamic State terrorists had sparked more controversies around the globe. On his interview to Sky News, Wickremesinghe said that officials were aware that people had gone to Syria, joined ISIS and returned to the island nation. But the perpetrators could not be arrested as there is no law in the country that forbids them from joining foreign terrorist organisations.According to the Sri Lankan PM, going abroad and taking part in an uprising or protest is not an offence and they can only arrest those who are operating terror outfits inside the country. Hence, the terrorists wander free in the country that has only freed itself from the grip of terror just a decade back.However, this comment from the PM has faced severe criticism as to how a country that promotes tourism and other leisure activities can ignore acts of terrorism with a comment that there are no laws against such activities.Sri Lanka has accused National Towheeth Jama’ath (NTJ) for the ghastly Easter Sunday attacks targeted at churches and five-star hotels even though the attacks were claimed by ISIS. According to the Sri Lankan military intelligence director, Mohammed Zahran Hashim, the leader of the NTJ was killed in the suicide bombing during the breakfast buffet at Shangri-la Hotel in Colombo.President Maithripala Sirisena said that there is information that around 130-140 ISIS-linked suspects are present in Sri Lanka and around 70 of these suspects have been arrested. He alleged that terrorism and drug mafia are connected and that his campaign against drugs may have played a role in the dreaded bombings.last_img read more

Market may pause for clarity on Modi 20 policy direction before resuming

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first_imgPrime Minister Narendra Modi and Bharatiya Janata Party chief Amit Shah wave at party workers. The party’s absolute majority is significant in that it can push economic reforms without bowing to pressure from coalition partners without catering to demands for populist sops.IANSThe market may pause until the policy direction of Narendra Modi 2.0 becomes clear after the breathtaking rally during the run-up to the Lok Sabha 2019 election results saw the benchmark indices set new all-time highs. As expected the 30-share Bombay Stock Exchange (BSE) benchmark Sensex scaled the psychological 40,000-point level to touch an all-time high of 40,124 points. The National Stock Exchange’s (NSE) 50-scrip headline index Nifty also set an all-time high of 12,041 points. Sensex closed the week at 39,434 points and Nifty at 11,844.The marked decline in the volatility index India VIX on Friday by 15 percent to 16.46 after opening at 19.40 showed that traders believed the market was close to finding the direction. The rise in Nifty futures (June) premium to about 55 percent also showed the returning confidence of the investors. The Nifty Jun FUT closed the week at 11,902. The Indian currency also gained on Friday, closing 0.6 percent higher against the dollar. The market will closely watch the Reserve Bank of India (RBI) policy guidance in June after the scheduled swearing-in ceremony and the Union Budget, likely in July, apart from global factors like oil, the direction of the US-China trade war and developments in the Middle East where tensions are brewing between Iran and US-backed Saudi Arabia, experts say.The market continued to ride the euphoria that the exit polls generated after the last round of the seven-phase polling on May 19 predicting that Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) that heads the ruling coalition of the National Democratic Alliance (NDA) would cross the 272-mark needed for absolute majority in the 542-member Lok Sabha, or the lower house of Parliament. The results on the counting day on May 23 were closer to the most optimistic predictions with the BJP ending up at 303 seats and the NDA getting 353 seats. The significance of the BJP’s performance under party president Amit Shah, who is also expected to join the government, is that the absolute majority will help it to take hard decisions that could spur the economy, unfettered by pressure from coalition partners. Nifty 50 weekly chart shows the market momentum building up. The market is expected to trade sideways as the Narendra Modi 2.0 government is sworn in and the policy direction of the National Democratic Alliance (NDA) government becomes clear. The market cheered the thumping win of the Bharatiya Janata Party (BJP) in the Lok Sabha elections with the Bombay Stock Exchange (BSE) Sensex and the National Stock Exchange (NSE) Nifty scaling the all-time high to touch 40,124 points and 12,041 points respectively. Zerodha KiteThe major opposition grouping of United Progressive Alliance (UPA) headed by Rahul Gandhi-led Congress party managed only 90 seats with the Congress losing out on the position of Leader of Opposition as it fell two seats short of the 54 required to stake a claim. The market would expect the government to act expeditiously to reform the economy because the BJP’s absolute majority and the absence of credible opposition would curb the government’s need to exhibit a populist zeal, at least in the initial years.The week could see the market trade sideways awaiting the eventual return of foreign institutional investors (FII) into the market. After four months of net inflow of capital, the market saw massive net outflow in May. Once the government is in place and the policy direction and pace firmly set, the FIIs could return, making June another month of net inflow of FII funds, traders believe.”This landslide victory has raised hopes that the government would take decisive actions to boost business sentiment and that in turn will support the market growth,” a report in MoneyControl quoted Jayant Manglik of Religare Broking as saying. “We feel this feelgood factor could extend next week too, provided feeble global cues do not spoil the party.”last_img read more

Ahead Of 2019 Session Speaker Joe Straus Orders Texas House To Research

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first_imgBob Daemmrich for the Texas TribuneHouse Speaker Joe Straus keeps watch on the chamber during debate on Senate Bill 6 on municipal annexation on Aug. 11, 2017.Texas House Speaker Joe Straus ordered House committees Thursday to research a list of issues related to Hurricane Harvey so lawmakers could be prepared to tackle them during the next legislative session.The Legislature meets every two years for 140 days and isn’t scheduled to meet again until 2019. In the periods in between sessions, the House speaker and lieutenant governor typically direct committees of the House and Senate, respectively, to research a list of policy issues.“We know that this is not going to be a normal legislative interim,” Straus said in a statement. “Hurricane Harvey has devastated our state and upended the lives of millions of Texans. While the state is taking a number of immediate actions to help Texans begin to recover, and will continue to do so, the Legislature will have a substantial role to play in both the recovery process and in preparation for future storms.”Straus prioritized public education in his directions to representatives. He asked the Public Education Committee to:Determine the financial costs of damage to schools from Harvey and recommend changes such as classroom count adjustmentsStudy the educational opportunities and challenges for students who were displaced by the storm, and how to improve the process by which school districts enroll such studentsFind solutions to prevent either students or districts from being punished by the state’s accountability system due to HarveyStraus also charged the House Appropriations Committee — the chamber’s budget writers — to examine the allocation of federal funds to Harvey recovery efforts and identify ways in which funding could be implemented to reduce to damage of future natural disasters. And the Natural Resources Committee will also be exploring the prospect of future storms. Straus instructed the committee to look at how to reduce the impact of future large storms including the role of development and infrastructure in flood prevention. Sharelast_img read more

New evidence for existence of Planet Nine

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first_img In search of the ninth planet © 2018 Phys.org It was just two years ago that astronomers at Caltech proposed the possible existence of a large planet circling the sun—which would make it the ninth known planet in our solar system. The researchers made their prediction based on observations of icy objects that exist at the edge of the solar system—their orbits were clearly being warped by a gravitational mass. They suggested a very distant planet roughly four times the size of Earth, but with 10 times its mass, could account for the odd behavior. If such a planet does exist, it would be quite distant, taking from 10,000 to 20,000 years to make one trip around the sun. Since announcing their initial findings, the team at Caltech has published papers offering more evidence of the planet—the possibility that it could have played a role in tilting the other planets in our solar system, for example. They have also suggested it as an explanation for why objects in the Kuiper Belt orbit in an opposite direction to everything else.In this new effort, the researchers suggest the behavior of a certain Trans-Neptunian object could very well be due to gravity from Planet Nine. The object, called 2015 BP519 (Caju for short), was first noted approximately three years ago, but it was only recently that the shape of its orbit was found to be very unusual—it lies nearly perpendicular to the plane established by the known planets. What makes the find so compelling is that the team of researchers who first proposed the existence of Planet Nine created a simulation that predicted the orbital angle of just such an object. And it just happened to match with what has been found. The researchers report that after Caju was first discovered, attempts were made to calculate its orbit, but they all failed. Then they added a large planet to the simulations, which resolved the discrepancies. All that is needed now, they suggest, is for someone to actually find the planet. A large international team of researchers has found what they are describing as more evidence of the existence of Planet Nine. In their paper posted on the arXiv preprint server, the group describes the behavior of a newly discovered distant object as suggestive of an influence of a large planet. Explore further More information: Discovery and Dynamical Analysis of an Extreme Trans-Neptunian Object with a High Orbital Inclination, arXiv:1805.05355 [astro-ph.EP] arxiv.org/abs/1805.05355AbstractWe report the discovery and dynamical analysis of 2015 BP519, an extreme Trans-Neptunian Object detected detected by the Dark Energy Survey at a heliocentric distance of 55 AU and absolute magnitude Hr= 4.3. The current orbit, determined from a 1110-day observational arc, has semi-major axis a≈ 450 AU, eccentricity e≈ 0.92 and inclination i≈ 54 degrees. With these orbital elements, 2015 BP519 is the most extreme TNO discovered to date, as quantified by the reduced Kozai action, which is is a conserved quantity at fixed semi-major axis a for axisymmetric perturbations. We discuss the orbital stability and evolution of this object in the context of the known Solar System, and find that 2015 BP519 displays rich dynamical behavior, including rapid diffusion in semi-major axis and more constrained variations in eccentricity and inclination. We also consider the long term orbital stability and evolutionary behavior within the context of the Planet Nine Hypothesis, and find that BP519 adds to the circumstantial evidence for the existence of this proposed new member of the Solar System, as it would represent the first member of the population of high-i, ϖ-shepherded TNOs.center_img Journal information: arXiv This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Citation: New evidence for existence of Planet Nine (2018, May 21) retrieved 18 August 2019 from https://phys.org/news/2018-05-evidence-planet.html A visual representation of the orbit of 2015 BP519, plotted with the other ETNOs as comparisons. For each orbit, the darker regions on the curve denote where an object falls below the plane of the solar system. 2015 BP519 has the highest inclination of any extreme TNO discovered to date. The full, interactive 3D orbit visualization can be found at smillholland.github.io/BP519/ . Credit: arXiv:1805.05355 [astro-ph.EP]last_img read more

TMC delegation meets SEC files complaint against Dilip Ghosh

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first_imgKolkata: A Trinamool Congress delegation on Thursday met the State Election Commissioner, registering a complaint against state BJP president Dilip Ghosh for instigating violence.The delegation team briefed State Election Commissioner A K Singh on how the BJP leaders were trying to spread communal violence ahead of the Panchayat polls. It also brought to the notice of the commission that no political leader can make such derogatory comments as those being made by BJP’s state chief. Also Read – Heavy rain hits traffic, flightsWhile speaking to the media, Trinamool Congress secretary general Partha Chatterjee pointed fingers at Dilip Ghosh without taking his name and said that he has been constantly trying to trigger violence through his speeches.”No political party leader can make the statements he has been making. He is threatening to take people to the crematorium. His derogatory statements will hardly have any impact on the people in Bengal,” Chatterjee said.Taking a dig at the Opposition parties, Chatterjee said: “The Opposition parties are saying that they were unable to file their nominations but the figures are contrary to their claim. BJP filed more nominations than Trinamool Congress did for the Zilla Parishad seats. The CPI-M and Congress have also filed their nominations. In some places, CPI-M activists were seen marching with arms to scare the people.” Also Read – Speeding Jaguar crashes into Merc, 2 B’deshi bystanders killed”The Opposition parties are talking about safe democracy. Had there been no democracy in the state, the Opposition parties would not have filed more nominations than the ruling Trinamool Congress,” Chatterjee maintained.”Our delegation has told State Election Commissioner A K Singh that the Opposition was trying to mount pressure on the commission by the hue and cry over the process of filing nominations,” Chatterjee told the media after the meeting. The delegation team comprised of Partha Chatterjee, Subrata Mukherjee, Firhad Hakim, Aroop Biswas, Jyotipriya Mallick and Nirmal Ghosh. Shantanu Mukherjee, additional secretary, state election commission said that around 50 serious complaints have been received by the commission so far. Observers are being deployed at the nomination venues, SDO and BDO offices.Incidents of Model Code of Conduct violations have been reported from 4-5 places. The issues are being looked into. Any such complaint will be dealt with strongly. To ensure free and fair nominations, section 144 has been imposed within the 200 meter radius of nomination venues.Out of the total of 825 seats in the Zilla Parishad (ZP), 143 nominations have been filed so far, among which Trinamool has filed 29, BJP 40, CPI-M 19, BSP 8, Congress 15, Forward Block 1 and others 29.last_img read more

Yatra acquires PL Worldways to further bolster its corporate business

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first_imgYatra Online Inc. recently announced the acquisition of the corporate travel business of PL Worldways Limited (PLW), a Chennai based corporate travel services provider. This acquisition will help strengthen Yatra’s foothold in the southern India region along with adding over 100 corporate clients to its existing client base of over 700. Commenting on the acquisition Dhruv Shringi, Co-Founder and CEO, Yatra Online Inc. said, “PL Worldways has an unparalleled reputation in corporate travel in the southern part of the country due to its strong customer focus and unmatched service. With this acquisition, we not only strengthen our position in the growing corporate travel market in India but also in Southern India, which has been in our cross-hairs for some time. Our endeavour will be to deliver best-in-class service to PLW’s existing customer base, through our self-booking platform and expense management solution software. We look forward to welcoming PL Worldways team to the Yatra family.”Anil Pathak, Chairman, PL Worldways said, “We are excited for PL Worldways to join Yatra family. PL Worldways’ local connect and customer service expertise will complement Yatra’s technology platform and leverage the largest hotel network in the country; helping clients optimise their travel spend and improve their travel processes.”last_img read more

After Resistance GFI Mortgage Settles with DOJ

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first_imgAfter Resistance, GFI Mortgage Settles with DOJ Agents & Brokers Attorneys & Title Companies Company News Lenders & Servicers Processing Service Providers Wells Fargo 2012-08-28 Krista Franks Brock August 28, 2012 441 Views in Data, Government, Origination, Servicingcenter_img New York-based “”GFI Mortgage Bankers Inc.,””:http://gfimortgage.com/index.html reached a $3.5 million settlement with the “”Department of Justice””:http://www.justice.gov/ regarding discriminatory lending practices Tuesday. [IMAGE]The lawsuit, filed in a Manhattan federal court, alleged GFI priced “”residential mortgage loans for qualified African-American and Hispanic borrowers higher than for similarly-qualified non-Hispanic white borrowers between 2005 and 2009,”” according to the “”DOJ.””:http://www.justice.gov/opa/pr/2012/August/12-crt-1052.html GFI “”allowed its loan officers to make subjective and unguided pricing adjustments to home mortgage loans that were not based on a borrower’s objective credit characteristics,”” according to the “”consent order””:http://www.justice.gov/iso/opa/resources/663201282893646754668.pdf file Monday in a New York Southern District Court. GFI admitted there were “”significant disparities”” between loans offered to African-American and Hispanic borrowers and non-Hispanic white borrowers, according to the DOJ’s press release Tuesday. “”The company also admitted that it provided financial incentives to its loan officers to charge higher interest rates and fees to borrowers,”” the DOJ stated. “”This type of practice has no place in the mortgage market,”” said John, Trasvi├âãÆ├é┬▒a, assistant secretary with “”HUD.””:http://portal.hud.gov/hudportal/HUD [COLUMN_BREAK]””HUD and the Justice Department have made a vigorous commitment to ending unlawful lending discrimination,”” Trasvi├âãÆ├é┬▒a added. The settlement will compensate about 600 borrowers who were treated unfairly and requires GFI to establish new pricing guidelines that eliminate the personal discretion allowed to individual loan officers. After launching an investigation in June 2007, HUD reported GFI to DOJ in January 2010. When DOJ filed suit in April 2012, GFI initially “”filed””:http://www.dsnews.com/articles/gfi-moves-to-dismiss-doj-fair-lending-suit-2012-06-04 a motion to dismiss the case. “”This lawsuit advances very aggressive and untested enforcement theories,”” said Andrew L. Sandler, GFI’s lead defense attorney. Sandler stated that GFI “”look[ed] forward to the opportunity to challenge DOJ’s flawed legal theories and factual allegations.””However, after the court declared it was “”skeptical”” federal laws allows loans to be priced with such wide discrepancies as seen at GFI, the lending company changed its tune and settled the suit. The case is one of the latest actions from the “”Financial Fraud Enforcement Task Force,””:http://www.fincen.gov/fraudenftaskforce.html initiated by President Obama in 2009. “”The Justice Department will not hesitate to litigate against lenders to enforce federal fair lending laws where the evidence warrants,”” stated Thomas E. Perez, assistant attorney general for the DOJ’s Civil Rights Division. “”With the settlement we announce today, the hundreds of victims of lending discrimination committed by GFI will be made whole, and the company has admitted the conduct that led to this lawsuit, and agreed to reform its residential lending practices,”” said Preet Bharara, U.S. Attorney for the Southern District of New York.GFI did not immediately return a request for comment on the settlement. Sharelast_img read more