The Truss Times
980 views | +0 today
Follow
Your new post is loading...
Your new post is loading...
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : ‘New York Times’ website restored after hacker attack.

The Truss Times - Online News Portal : ‘New York Times’ website restored after hacker attack. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : Shah Rukh Khan and Salman Khan to clash next Eid?

The Truss Times - Online News Portal : Shah Rukh Khan and Salman Khan to clash next Eid? | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

Shah Rukh Khan and Salman Khan to clash next Eid?

 

While Salman Khan has already announced a film release on Ramzan Eid next year, the trade says that Shah Rukh Khan, who had a super-bumper release this year on the same occasion, also wants to bring his next film on that day.

 

Salman's Wanted, Dabangg and Bodyguard had released on Eid and met with super success. This Eid, SRK brought Chennai Express, a film that rewrote box-office history.

 

So next year, both these Khans will reportedly stake their claim to the box office on the same date.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : Ranbir, Katrina in 'Jagga Jasoos'

The Truss Times - Online News Portal : Ranbir, Katrina in 'Jagga Jasoos' | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

Ranbir, Katrina in 'Jagga Jasoos'.

 

Anurag Basu's next, post his superhit Barfi, is a family entertainer titled Jagga Jasoos.

 

We have learnt that after much speculation, Katrina Kaif will play the leading lady opposite the charming Ranbir Kapoor.

 

While the film was originally to be shot in 2014, our sources tell us that all efforts are being made to start shooting the film this year itself to ensure that it releases next year.

 

We had already reported earlier that Ranbir and Anurag are partners on this one.

 

The trade is excited about Ranbir and Kat teaming up for the third time, especially because their earlier two film outings — Ajab Prem Ki Ghazab Kahani and Raajneeti — were both well received at the box office.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : Stop Back Pain Before It Starts.

The Truss Times - Online News Portal : Stop Back Pain Before It Starts. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

Stop Back Pain Before It Starts.

 

You don't have back pain...yet. Want to keep it that way? Try these techniques to prevent the pain long before it's begins.

 

Sit pretty

 

You don't need a fancy ergonomically designed office chair, but you should have one that provides good support so that your back is curved like an S, not a C, says Jeffrey Goldstein, MD, director of the spine service at the New York University Langone Medical Center.

 

Every half hour, get up and walk around for a few seconds to take some of the stress off your back.

 

Stand tall

 

Imagine a line coming down through your body from the ceiling, says physical therapist René Garrison.

 

Your ears, shoulders, hips, and knees should all stack up along that line, with your head stacked directly atop your neck, not jutting forward.

 

Wear soft soles

 

"If your shoe has little cushioning, every time your foot strikes concrete, you'll jar the bones and muscles in your low back," says Raj Rao, MD, vice chairman of the department of orthopedic surgery at the Medical College of Wisconsin. (That holds true for flats as well as heels.)

 

Look for a shoe with a cushioned sole, or buy an insert like Spenco For Her Women's Q-Factor Cushioning Insole ($17; amazon.com). When you're at home, pad around in thick flip-flops or well-cushioned sneakers.

 

Don't smoke

A 2010 review of 40 studies found that smokers have more low back pain than nonsmokers, possibly because smoking reduces blood flow to the spine, says Dr. Rao.

 

Learn how to lift

 

You know to hoist heavy objects using your legs, not your back. But what about a very light object?

 

Answer: Lean over it, slightly bend one knee, and extend the other leg behind you. Hold onto a chair or table for support.

 

Downsize your pillows

 

"Sleeping with two or three pillows under your neck can strain your muscles," says Jessica Shellock, MD, an orthopedic spine surgeon at the Texas Back Institute.

CAN YOU REALLY THROW YOUR BACK OUT? 

Just the other day, a patient said, “I was working in the garden and I threw my back out.” Then she asked, “When you throw your back out, what exactly is going out and where does it go? And how do you get it back in?” These were good questions and ones for which I did not have ready answers.

The fact is, you cannot actually throw your back out — it’s a figure of speech, or, if taken literally, a myth. However, the experience of sudden, severe back pain is no myth to the person suffering through it. And it can certainly feel as though some major structures in the back have moved, or that to feel better something must be returned to its original location. If one could see inside the painful back — and increasingly, we can, with imaging tests such as magnetic resonance imaging (MRI) or computerized tomography (CT) — one will commonly see normal anatomy or mild abnormalities that have nothing to do with the pain, even in the face of excruciating symptoms.

Throwing Your Back Out: Still a Mystery

When people say they have thrown their back out, what they usually mean is that while performing a specific movement (such as twisting or bending forward) they have developed sudden and severe pain. The low back is the most common site for pain of this sort, and while there are several causes of this problem, including muscle spasm, arthritis, and, less commonly, a “slipped” or ruptured disc or even a fracture, the cause is often mysterious.

Many people assume that a “thrown” back is due to disc herniation (or disc bulge or rupture), meaning that a disc has stretched or “slipped” out of place and is pressing on a nerve. (That may be where the notion of “thrown out” comes from.) But more often than not, a disc cannot be blamed for back pain. Even rarer causes of severe back pain are infections or tumors; fortunately, of all back pain, these represent less than 1 percent of cases. In the absence of obvious injury (such as a motor vehicle accident), a sudden “movement” of the bones of the spine is not a typical cause of sudden back pain. Despite everything that’s known about back pain, we still don’t know why most back pain occurs; we simply do not understand it well enough to identify the cause in most cases.

Treating the “Thrown Back”

For many people with back pain, the name of the condition is much less important than what can be done to reduce pain. Even though the diagnosis can sometimes direct the choice of treatment, for most of the common causes of back pain, treatments are similar. Here are some of the most popular options:

Physical therapy — This may include a program of stretching and exercises, advice about posture and how to safely lift objects.Over-the-counter or prescription medications — Pain relievers, anti-inflammatory agents and muscle relaxants are among the most effective and often will be needed only for a short time.Chiropractic care — Some people experience more rapid pain relief with chiropractic therapy.Complementary and alternative therapies — Treatments such as acupuncture and massage may be helpful, although most of them are unproven remedies.Injections and surgery — If sudden and severe pain does turn out to be due to a ruptured (or herniated) disc and other treatment options prove ineffective, an injection of corticosteroids with a long-acting anesthetic agent may be warranted, as may be surgery.

Specific recommendations will depend on your individual situation. Talk with your health care professional for advice about evaluation and treatment.

How To Prevent More Back Trouble

There are a number of reasonable ways to reduce the risk of recurrent back pain, including:

Lose excess weight.Wear comfortable, well-cushioned shoes with low heels.Go easy on your back — when you need to move a heavy object, get help, divide the package up, or use a dolly rather than doing it on your own.Adjust your computer terminal and work station or have an “ergonomic evaluation” by your employer to see whether your work environment contributed to your back pain.Stretch and exercise regularly.Talk to your doctor about taking extra calcium, vitamin D and a weight-bearing-exercise program to reduce your risk of osteoporosis and fracture. Additional bone-building drugs also may be recommended.

The Bottom Line

Sometimes a phrase used to describe an experience or a condition takes on importance and meaning beyond what it truly deserves. The concept of “throwing your back out” is one such a phrase. It suggests a structural problem in the back that is not present in most cases. Rather than illuminating the condition, the term misleads and should probably be abandoned. Don’t be surprised if your doctor uses different terms to describe your back condition than you do, or if different doctors use different terms (such as strain, muscle spasm, ligament injury or degenerative disc disease), because the difficult truth is that most back pain is difficult to name.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : Pakistan terror threat to Sriharikota.

The Truss Times - Online News Portal : Pakistan terror threat to Sriharikota. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

Pakistan terror threat to Sriharikota.

Chennai: The CISF has beefed up its vigil of the Indian space ce­n­tre, located in Srihar­ikota on the TN-Andhra Pradesh border, based on the Cen­tr­al alert that militants from Pakistan may travel thro­­gh Lanka and launch an attack on vital installations on the TN coast, including the ports, from the sea.

 

“There is a threat from the sea to the Satish Dh­a­w­an Space Centre in Sri­har­ikota and three major ports, incl­u­d­ing Chennai port, in TN. W­e have incre­ased our vig­il, doubling the shifts, we function with limited staff,” a senior CISF official said.

 

The CISF has also been asked to safeguard all the vessels, harboured in ports like Chennai, Ennore and Thoothukudi, from possible attacks, the official added.

 

The Intelligence Bureau had been issuing a series of alerts on Pak-trained milit­ants trying to infiltrate the TN coast to unleash terror in the state. The state poli­ce, along with the Coast Guard and Navy, has alre­ady started 24-hour patrolling of the sea after the alerts from Delhi started coming last week.

 

“The alert indicated that the Pak militants may use My­laduthurai as a possible dr­op zone after travelling fr­om Lanka via the sea. We ha­ve been receiving alerts on Madurai for the last six ye­ars, but nothing happe­n­ed so far.  Now the Central ag­­ency is saying that Pak mi­­­l­itants may reach My­l­a­d­u­thurai by boat from La­n­ka,” a police officer noted.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : Bangladeshi cricketers deny corruption charges.

The Truss Times - Online News Portal : Bangladeshi cricketers deny corruption charges. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

Bangladeshi cricketers deny corruption charges.

 

Two Bangladeshi cricketers declared their innocence on Tuesday after confirming they were among those charged with match-fixing following a probe earlier this month by the sport's world body.

 

Paceman Mahbubul Alam and left-arm spinner Mosharraf Hossain said they would defend themselves against charges of fixing in the Bangladesh Premier League (BPL), a scandal that has already brought down teammate and national hero Mohammad Ashraful.

 

"I am innocent, I was not involved in any kind of corruption," said Alam, 29, who has played four Tests and four one-day matches for his country.

 

"I have appointed a lawyer to represent me in the (upcoming) disciplinary panel hearing," Alam said.

 

Hossain, 31, also confirmed he would contest the charges laid under the Bangladesh Cricket Board's (BCB) anti-corruption code, ahead of the deadline later Tuesday for officially responding to the allegations.

 

Selim Chowdhury, owner of the Dhaka Gladiators BPL franchise, confirmed that he and his son, co-owner Shihab Chowdhury, have also been charged along with the franchise's Indian CEO Gaurav Rawat.

 

Selim Chowdhury said they would all plead not guilty at the hearing. The International Cricket Council (ICC) announced this month that seven unidentified people had been charged with fixing involving the Dhaka Gladiators, following an investigation by its anti-corruption officials.

 

Another two were charged with failing to report corruption when they were approached during the 2013 season of the Twenty20 tournament, in a scandal that further shook confidence in the game across South Asia.

 

English all-rounder Darren Stevens became the first among the nine accused to reveal his identity, when he confirmed that he has been charged with failure to report a corrupt approach made to him.

 

The scandal has already ensnared Ashraful, the former Bangladesh captain, who made a tearful confession to match-fixing on national television in June after being quizzed by the ICC's officials.

 

He was allegedly involved in fixing a match between the Dhaka Gladiators and the Chittagong Kings. Local media have reported that the batsman was paid about one million taka ($12,800) to lose the match on February 2.

 

Ashraful, who became the country's youngest Test centurion in 2001 at the age of 17, was also allegedly involved in fixing another match 10 days later against the Barisal Burners, which his team lost by seven wickets, local reports have said.

 

Across the border in India, the sport is embroiled in separate spot-fixing and betting scandals in the Indian Premier League, with three cricketers among 39 people charged by police in July.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : Google buys virtual imaging patents from Foxconn.

The Truss Times - Online News Portal : Google buys virtual imaging patents from Foxconn. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

Google buys virtual imaging patents from Foxconn.

 

Google has bought virtual imaging patents from Taiwanese supplier Foxconn, which could be used in its interactive "Google Glass" devices.

   

No details were released on the amount of the transaction.

   

The patents relate to a technology that permits virtual images to be super-imposed over real ones, according to media reports.

   

They could be used in the interactive voice-activated eyewear being developed by the US internet giant.

   

Facebook, Twitter and major news organizations have already tailored applications for Glass, which has only been made available to developers and a limited selection

of "explorers" who paid $1,500 each for the eyewear.

   

Envisioned uses range from practical tasks such as shopping or delivering local weather reports to sharing real time video streams or playing augmented reality games in which the world is the board.

   

Foxconn Technology, whose parent company is Taiwan-based Hon Hai Precision Industry, is the main supplier in Asia for Google's biggest rival Apple, particularly for the manufacture of iPhones.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : LG teases 'just right' tablet.

The Truss Times - Online News Portal : LG teases 'just right' tablet. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

LG teases 'just right' tablet.

 

Expected to be unveiled officially at September's IFA consumer electronics show, the G Pad 8.3 is thought to be small, lightweight and designed to compete directly with the iPad Mini and Nexus 7 tablets.

 

The video, which consists of a number of vox pops with people apparently

stopped randomly on the street, gives a snapshot view of current tablet use and the disadvantages as well as advantages of current devices.

 

In the video, consumers claim that their existing tablet is too big to take out of the house, and when asked what would make a tablet better, the answers are overwhelmingly speed -- of opening and closing applications -- and a smaller form factor which would make it more mobile and therefore easier to carry with them, whether for work or on the annual holiday.

 

There are even requests for a device that links seamlessly with other smart devices such as TVs, phones and computers.

 

Although LG reveals no specifics about the tablet it is planning to launch, the overwhelming message is that it will be light and thin enough to be truly mobile, will pack a hell of a processing punch, will offer a superior video playback experience to an HD smartphone and will synch with existing Android and more specifically LG products. And, with IFA set to start officially on September 6 in Berlin, we won't have long to wait in order to find out what the tablet looks like or how much it will cost.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : Snowstorm leaves 12,000 families stranded in Peru.

The Truss Times - Online News Portal : Snowstorm leaves 12,000 families stranded in Peru. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

Snowstorm leaves 12,000 families stranded in Peru.

 

Around 12,000 families have been left stranded after a two-day snowstorm cut off access to a high-altitude area in southern Peru, officials said Monday. Carabaya, a remote indigenous province some 1,550 km southeast of here, has been completely cut off after snow and ice blocked highways connecting the region with the outside world, Xinhua reported citing a Peruvian official who Monday urged the central government to provide support to the community.

 

Ronald Gutierrez, mayor of Carabaya province, called on the central government to send basic goods, including food, coats and medicine, saying children and the elderly were suffering the most from the frigid temperatures.

 

"We urgently need a helicopter to bring us the aid," Gutierrez said.

 

Peru's high-altitude communities, such as Carabaya, are struggling through a harsh winter season that has seen several deaths due to respiratory ailments and  economic damage to local crops and animal stocks.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : Sonia Gandhi back home from hospital.

The Truss Times - Online News Portal : Sonia Gandhi back home from hospital. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

Sonia Gandhi back home from hospital.

 

Sonia Gandhi has recovered from a touch of viral fever and is fine now, says party official.

 

New Delhi: Sonia Gandhi, the president of India’s ruling Congress party who is widely seen as the country’s most powerful politician, was back home from hospital on Tuesday after she took ill during a marathon parliament debate, officials said.

Gandhi, 66, was led limping out of the lower house on Monday evening by her son and colleagues, and then taken by car to the All India Institute of Medical Sciences hospital in New Delhi.

A Congress party official said Gandhi had a touch of viral fever and was fine now. “Madam Gandhi is home now. She is perfectly fine,” the official said.

The Italian-born politician, who has led her party to two successive terms governing the world’s largest democracy, has played a slightly reduced public role since being treated abroad for an unknown illness in 2011. Still, she is the world’s sixth most powerful woman, Forbes magazine said last year.

The party is usually very secretive about Gandhi’s health, but several media reports said in 2011 that she had been treated for cancer at New York’s Sloan-Kettering Cancer Center.

On Monday, Gandhi participated in a parliament debate on a scheme to provide cheap food to more than two-thirds of India’s poor—one of her pet projects—when she felt unwell.

Gandhi and her son, Rahul, are banking on the nearly $20-billion food security programme to boost the Congress party’s prospects ahead of a difficult election next year and the party’s campaign is built around the two members of the Nehru-Gandhi dynasty.

Food for all programme

Television images showed the normally strong-looking leader trembling as she read out from a clutch of papers a short speech on the food security bill, one of the world’s largest welfare programmes and one that Gandhi has insisted on to ensure India’s poor are not left behind in its emergence as an economic power.

“It’s time to take the historic step,” she said. “It is my fervent appeal that we shall pass this unanimously.”

Critics say the programme will strain government finances further at a time when the economy has slowed and the country’s external imbalance has deteriorated, with the rupee currency languishing at record lows.

The food security bill was passed two hours after Gandhi and her son left parliament. It must now go to the upper house.

Gandhi became Congress party president some years after the 1991 assassination of her husband, former Indian prime minister Rajiv Gandhi.

She declined to become prime minister despite pressure from the party after the first victory in 2004, and chose the quiet economist Manmohan Singh for the top job. However, she arguably wields more power over policy than the prime minister.

Her son is now leading the party’s preparations for a national election—due to be held in less than a year.

The Gandhi family, descended from India’s first prime minister, Jawaharlal Nehru, enjoys a status similar to royalty in the country of 1.2 billion. They are not related to independence hero Mahatma Gandhi, a close ally of Nehru.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : STF commander, jawan killed in Chhattisgarh Naxal encounter.

The Truss Times - Online News Portal : STF commander, jawan killed in Chhattisgarh Naxal encounter. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

STF commander, jawan killed in Chhattisgarh Naxal encounter.

 

RAIPUR: A Special Task Force (STF) commander and a jawan were on Tuesday killed in an encounter between the ultras and security forces in Maoist-hit Bastar region of southern Chhattisgarh, police said.

 

"The incident took place between the forests under Madum police station (Bastar district) and Mardapal police station (Kondagaon district) limits when a joint party of STF and local police was coming out of the forest after an intense operation," Bastar superintendent of police Ajay Yadav said.

 

Those killed were identified as company commander Lav Bhagat and constable Selestian Kujur, Yadav said.

 

The patrol party was on a combing operation for the past two days in the bordering areas of Dantewada, Narayanpur, Kondagaon and Bastar districts of Bastar division.

 

"They succumbed to bullet injuries while being taken out of the forest," the SP said.

 

Earlier, on Monday afternoon, a face-off had taken place between security personnel and Maoists in the forest of Narayanpur area in which two women Naxalites were killed, he said.

 

"After an hour of the gunbattle, security personnel recovered bodies of two women Naxals, dressed in Maoist uniforms, from the spot," the SP said, adding some weapons were also recovered from the spot.

 

Additional forces have been rushed into the forest to help the patrol party reach back to their camp, the SP added.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : UP MLA arrested in Goa dance bar raid.

The Truss Times - Online News Portal : UP MLA arrested in Goa dance bar raid. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

UP MLA arrested in Goa dance bar raid.

 

Girls from different cities like Punjab and Delhi were apparently rescued during the raid.

 

Panaji: Uttar Pradesh MLA Mahendra Singh was among the six persons arrested by Goa Police following a raid at a Panaji dance bar who have been booked under the Anti-Prostitution Act, the police said. Police inspector Rajendra Prabhudesai Tuesday night said that Singh, the MLA from Sitapur constituency, was arrested Monday night.

 

Six girls, from Punjab, Delhi, Mumbai, UP and Chhattisgarh, were rescued during the raid.

 

Prabhudesai said police had already informed the UP Assembly Speaker about Singh's arrest as that was mandatory under law.

 

Singh is reportedly a four-time MLA from Sitapur. Earlier, DSP Mahesh Gaonkar said that two other people from UP, were also arrested.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : Birla said close to acquiring Jaiprakash’s Gujarat Cement Unit.

The Truss Times - Online News Portal : Birla said close to acquiring Jaiprakash’s Gujarat Cement Unit. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

Birla said close to acquiring Jaiprakash’s Gujarat Cement Unit.

 

The move may help Jaiprakash to cut debt the firm accumulated to expand in power, sports and construction businesses.

 

Mumbai: Billionaire Kumar Mangalam Birla’s UltraTech Cement Ltd. is close to buying Jaiprakash Associates Ltd.’s Gujarat cement unit for about Rs3,700 crore ($564 million), two people with knowledge of the matter said.

A deal may be announced as early as next week, one of the people said, asking not to be identified because the process is confidential. Completing the transaction may take about six months, the person said.

The sale may help Jaiprakash, developer of India’s only Formula One track, cut debt that chairman Manoj Gaur accumulated to expand the company’s power, sports and construction businesses. Gaur is selling assets to cut costs and reverse a two-year decline in profit, as a cash crunch prompts lenders to raise interest rates for the first time since 2011.

Askari H Zaidi, a spokesman for Jaiprakash, didn’t respond to an e-mail and a call seeking comment. Pragnya Ram, a spokeswoman of the Birla group based in Mumbai declined to comment.

The companies have been in discussions for the 4.8 million ton unit for more than a year, according to people with knowledge of the matter. UltraTech had offered about Rs4300 crore for the Gujarat unit, two people familiar with the process said in November. The valuation has since fallen because of concerns about production at one of Jakprakash’s mines, the people said.

Jaypee Group is seeking to reduce debt by Rs15000 crore by selling its cement plants in southern and western India, some of its power generation units and property, Suren Jain, managing director at Jaiprakash Power Ventures Ltd., said in an interview this month.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : Krishna Janmashtami Celebrations.

The Truss Times - Online News Portal : Krishna Janmashtami Celebrations. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

Krishna Janmashtami Celebrations.

Also called :                  Janmashtami / Dahi Handi

Observed by:                Hindus

Date  :                            Bhadrapada, Ashtami                     2013 date  :        28 August

Observances:               Fasting, praying                              Related to  Krishna

Maharashtra

Govinda sport

Janmaashtami/ Gokulashtami ( Marathi- गोकुळाष्टमी ), popularly known in Mumbai and Pune as Dahi Handi, is celebrated with enormous zeal and enthusiasm. The handi is a clay pot filled with buttermilk that is positioned at a convenient height prior to the event. The topmost person on the human pyramid tries to break the handi by hitting it with a blunt object. When the handi breaks, the buttermilk is spilled over the entire group, symbolizing their achievement through unity. Handis are set up around the city, and groups of youngsters –called Govinda Pathaks – travel around in trucks trying to break as many handis as possible during the day.

Many – such Govinda Pathaks – compete with each other, especially for the handis that dole out hefty rewards. The event, in recent times, has gathered a political flavor, and it is common for political parties and rich community groups to offer prizes amounting to lakhs of rupees.

Some of the most famous handis are at Dadar, Lower Parel, Worli, Mazgaon, Lalbaug, Thane and Babu Genu, Mandai in Pune.

Cash and gifts are offered for Govinda troops to participate; for over 4,000 handis in Mumbai, 2,000 Govinda troops compete for the prizes.

Manipur

Janmaashtami – popularly known in Manipur as Krishna Janma – is a significant festival celebrated at two temples in Imphal, the capital city of Manipur. The first festival is at the Govindaji temple, and the second is at the International Society for Krishna Consciousness temple. Devotees of Lord Krishna gather mostly at the ISKCON temple.

Northern and Eastern India

Places in Uttar Pradesh that are associated with Krishna's childhood, such as Mathura, Gokul and Vrindavan, attract visitors from all over India, who go there to participate in the festival celebrations.[8] People in the city of Dwarka in Gujarat – where Krishna is believed to have established his Kingdom – celebrate the festival by visiting the Dwarkadhish temple. In Jammu, kite flying is an important part of the celebration on his day.

In the eastern state of Odisha, in the region around Puri and in Nabadwip, West Bengali people celebrate Janmashtami by fasting and worship until midnight. Purana Pravachana from the Bhagavata Purana are recited from the 10th Skandha. This section deals with pastimes of Lord Krishna. The next day is called Nanda Utsav or the joyous celebration of Krishna's foster parents Nanda and Yashoda. On this day, people break their fast and offer various cooked sweets during the early hours.

South India

In Southern India, floors in houses are decorated with footprints made from flour, to symbolize Krishna's childhood sport of stealing butter from houses.

Nepal

Eighty percent of the population of Nepal identify themselves as Hindus and celebrate Krishna Janmashtimi. They observe Janmashtami by fasting until midnight. They chant Slokas from the Bhagavad Gita and sing religious songs called bhajans. The temples of Lord Krishna are decorated, and bhajans and kirtans are sung or played. The Krishna Mandir in Patan Durbar Square, Narayanhiti Krishnamandir, and other temples of Lord Krishna are the centers for festivities on Krishna Janmaasthimi. Numerous devotees flock to the ancient Krishna temple in old Patan Durbar Square to keep vigil through the revered night of his birth. Observances include people sitting closely together, bodies rocking as women chant the many names of Lord Krisha, such as Narayan, Narayan and Gopal, Gopal. Some sing hymns, others clap their hands, while some others pray. Crowds of men and women edge their way slowly up narrow steps through the seated devotees to the temple's dark interior, to where the main idol stands. There they offer flowers, coins and food, and wait for a glimpse of the Krishna Janmashtami idol. After the temple priest gives them prasad, they make their way home.

Bangladesh

Janmashthami is a national holiday in Bangladesh.[11] On Janmashthami, a procession starts from Dhakeshwari Temple in Dhaka, the National Temple of Bangladesh, and then proceeds through the streets of Old Dhaka. The procession dates back to 1902, but was stopped in 1948 following the establishment of Pakistan and subsequent attacks by Muslim mobs in Dhaka. The procession was resumed in 1989.

Pakistan

Janmashthami is celebrated by Pakistani Hindus in the Shri Swaminarayan Mandir in Karachi with the singing of bhajans and delivering of sermons on Krishna.

Outside South Asia

The first ever elected government official in the world to issue proclamation for the celebration Janmashtami is Janet Napolitano, while she was the Governor of Arizona. The festival is also celebrated widely by Hindus in Caribbean in the countries of Guyana, Trinidad and Tobago, Jamaica and the Dutch Colony of Surinam. The Hindus in these countries origianted from Uttar Pradesh and are the descendants of indentured immigrants from UP.

 

Street plays

 

For the past few years, several thousand teams of youth perform street plays on the occasion of Janmashtami worldwide. The performers of these plays are inspired by Pandurang Shastri Athavale, of the Swadhyay Pariwar, to spread the message of Krishna. They disseminate the thoughts of Bhagavad Gita through street plays around the week of Janmashtami.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : Ankita is not my first girlfriend: Sushant Singh Rajput.

The Truss Times - Online News Portal : Ankita is not my first girlfriend: Sushant Singh Rajput. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

Ankita is not my first girlfriend: Sushant Singh Rajput.

 

Sushant Singh Rajput tells us how he worked his charm on his ladylove and also on his parents:

 

What was your parents' reaction when they heard that you are giving up engineering for acting?

They were shocked. I come from a family of doctors and engineers and everyone expected me to take up a similar career. That was the most natural thing to do! I remember when the results of the All India Engineering exams came out. I ranked 7th. I even got a scholarship. But it was during the sixth semester of my engineering course that I decided to call it quits and pursue acting seriously. When I told my parents about my decision, they were aghast and could not say anything. And I took their silence as a nod of approval (Laughs).

 

What was your favourite hangout in those days?

Along with some of my college friends, I would often bunk classes and drive to Murthal, which is about 50 km from New Delhi, just to have some piping hot parathas. There was this small roadside dhaba where they would serve absolutely delicious aloo parathas with dollops of butter.

 

Were you Mr Popular?

On the contrary, I was a loner. I could hardly make friends. But, I am still in touch with the few friends I made in school and college.

 

What about girlfriends?

I would be lying if I say Ankita is my first girlfriend. But, she is my first serious relationship.

 

How did you impress Ankita?

Oh that was hard work! I tried all the tricks I picked up from watching those romantic Shah Rukh Khan movies. But she could see through all my ploys. She hated me initially. But, finally she gave in and said yes. When you are spending 16 to 17 hours with a person who is persistently trying to woo you, you really don't have much choice!

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : HOW TO LIVING A TENSION FREE LIFE?

The Truss Times - Online News Portal : HOW TO LIVING A TENSION FREE LIFE? | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

HOW TO LIVING A TENSION FREE LIFE?

 

Is it really possible to live a life without crushing tension or stress in modern world? It is true that stress is a natural phenomenon given to us by the nature to deal with day to day problems or emergency. Stress spurs a man to action. There are other simple methods to reduce tension. Fortunately the best treatment is easy and it costs nothing. And the best of the benefits is that you don’t get any side-effects.

 

Here are some tips:

 

 

Talk to people in your family

 

You may not be talking to your loved ones, or maybe no one's starting any conversation. The easiest way to start a conversation is to tell them what you've done through the day, and ask them what had chanced with them.

 

Listen to music

 

Music has got a lot of power to relieve your mind. I am a musician and play many instruments. Music has the power to change the pattern of impulses in your brain. Avoid soft music to relieve you. This is a rubbish convection. It has been scientifically proven that soft or sad music can make you even more Unhappy. My advice is that you buy an iPod and listen to all the stuff that you prefer.

 

 

 

Think Positive

 

Dont even remember all the negatives that had chanced on you through the day. You must think about what's to be done, rather than what's happened to you. Think of your future instead.

 

Share your secrets with someone.

 

If you have trouble doing this, surround yourself with kind, loving friends and see how they talk to you. Be sure that you talk to them the same way. Eventually, you learn to be just as kind to yourself as your supportive friends are.

 

 

Take it Easy

 

It is true that you can’t do without work. We must work very hard to achieve. It is good for health and mind. But once a day at least for one hour it is useful to forget work and do the things which relax you.

 

Simplify Your Life

 

A man makes his life complicated himself and gets in the grip of Tension wave. Too many expectations, too many aims, too many friends to appease, too many love affairs to handle – bothering you from all the sides the whole day and the whole month. Simplify your life – have only one love affair or wife, have a few good friends, have one or two aims in life. You can’t handle everything efficiently. After all you are a human being.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : Karnataka high court stays proceedings against Vijay Mallya and Kingfisher Airlines.

The Truss Times - Online News Portal : Karnataka high court stays proceedings against Vijay Mallya and Kingfisher Airlines. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

Karnataka high court stays proceedings against Vijay Mallya and Kingfisher Airlines.

 

BANGALORE: The Karnataka high court has stayed for eight weeks further proceedings against Kingfisher Airlines (KFA) and its chairman Vijay Mallya before the special court for economic offences, Bangalore in relation to three complaints filed by the Income Tax department for not remitting the amount under tax deducted at source (TDS) for the financial years 2009-10, 2010-11 and 2011-12.

 

Justice KN Keshvananarayana passed this interim order following a petition filed by KFA and Mallya. The judge also ordered a notice to the Income Tax department in this regard.

 

The petitioners claimed that proceedings pertaining to the issue are pending before the high court as well as Income Tax Appellate Tribunal (ITAT) and the authorities failed to consider the same before filing/registering complaint. They further claimed that the requirements under the Income Tax Act have not been complied with as notices have preceded the alleged authorization to the commissioner and the same is without jurisdiction.

 

According to them, it is only the chief commissioner of Income Tax or the director general Income Tax who have the said jurisdiction.

 

The BFAL contends that it is running under loss and salaries to employees have been paid from borrowed money and TDS was not deducted.

 

The Income tax (I-T) department had filed these complaints under section 276B of the Income Tax Act, 1961 against KFA and Mallya.

 

KFA is facing a total TDS demand for Rs 401 crore.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : Wipro to enter Nifty from Sep 27, Reliance Infra to exit.

The Truss Times - Online News Portal : Wipro to enter Nifty from Sep 27, Reliance Infra to exit. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

Wipro to enter Nifty from Sep 27, Reliance Infra to exit.

 

 

IT major Wipro will enter the National Stock Exchange's 50-share Nifty index with effect from September 27, while Reliance Infrastructure would exit.

 

The decision regarding these changes were announced on Tuesday by the India Index Services & Products Ltd, a joint venture of NSE and Crisil, which manages the various indices at the exchange.

 

Earlier, Wipro was dropped from the CNX Nifty index from April 1 as its non-IT businesses were hived off into a separate unit.

 

As part of periodic review, the new changes would become effective from September 27, 2013.

 

A host of changes have also been made in various other indices of NSE such as CNX Nifty Junior Index, CNX 100 Index, CNX 200 Index CNX 500 Index, Nifty Midcap 50 Index, CNX Midcap Index and CNX Smallcap Index by its Index Maintenance Sub-Committee during a periodic review, it said.

 

Besides, sectoral indices for IT, auto, realty, media, PSE and service would also see some changes.

 

The stocks being excluded from Nifty Junior index are Ashok Leyland, Indian Hotels Company, while Mahindra & Mahindra Financial Services Ltd and Oil India would be included in the index.

 

In the CNX 100 index, Ashok Leyland, Indian Hotels and Reliance Infrastructure would be replaced by Mahindra & Mahindra Financial Services, Oil India and Wipro.

 

Those being dropped from CNX 200 Index include GVK Power & Infrastructures, Gujarat Gas Company, IVRCL, Lanco Infratech, Torrent Power, Amtek Auto, City Union Bank, Core Education & Technologies, Dewan Housing Finance Corporation, India Infoline and Jindal Saw.

 

The stocks that being added to CNX 200 index include Wipro, Bharti Infratel, Berger Paints, Crisil, MMTC, CMC, Coromandel International, Oberoi Realty, Page Industries, Thermax and Torrent Pharmaceuticals.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : Nadal cruises into US Open second round.

The Truss Times - Online News Portal : Nadal cruises into US Open second round. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

Nadal cruises into US Open second round.

 

Rafael Nadal nudged a career-best hard-court win streak to 16 straight matches as he crushed Ryan Harrison 6-4, 6-2, 6-2 on Monday in an opening round rout at the US Open.

 

Nadal achieved his 54th win of the season against just five defeats, taking victory with 28 winners.

 

“I just played very well, I’m happy the way I was playing,” said Nadal. “I don’t know if it was my best or not, but it was very good because I was able to win.

 

“I started the tournament with a good win, an important win. The first round is not easy. Conditions out there today were difficult, I’m so happy to be through.”

 

Evans upsets Nishikori

 

Roger Federer found his match called of by rain before the start against Grega Zemlja.

 

Japan’s 11th seed Kei Nishikori became the first upset just a few hours after the start when he lost to British qualifier Dan Evans 6-4, 6-4, 6-2.

 

Nishikori lost in just under two hours, as he dropped serve six times to the number 179, committing 20 unforced errors in defeat.

 

“It’s not easy to lose the first round in a Grand Slam, but I didn’t play well and he played well,” said Nishikori. “Nothing I could do. I didn’t play well these three weeks, the two (August) Masters.

 

“I thought I was getting better, but still, the serve wasn’t there and there were a lot of unforced errors that I shouldn’t do.”

 

French eighth seed Richard Gasquet beat US journeyman Michael Russell 6-3, 6-4, 6-2.

 

Australian Bernard Tomic needed almost four hours to fight past Albert Ramos 6-3, 3-6, 4-6, 7-6 (7-1), 6-3, while Nikolay Davydenko went to the limit against Rhyne Williams of the US, 6-3, 4-6, 1-6, 7-5, 6-0.

 

Serena sinks Schiavone

 

In women’s play, Serena Williams started her title defence with a 6-0, 6-1 crushing of former French Open winner Francesca Schiavone, with the top seed winning the first ten games, But Williams admitted: “I was nervous before the match, I was really tight.”

 

Third seed Agnieszka Radwanska crushed Spain’s Silvia Soler-Espinosa 6-1, 6-2. Fifth seed Li Na, the former French Open winner, beat Olga Govortsova 6-2, 6-2.

 

German eighth seed Angelique Kerber defeated Czech Lucie Hradecka 6-1, 6-1; Jelena Jankovic eliminated American Madison Keys 6-3, 6-4. Venus Williams defied her 33 years and fragile fitness to upset Belgian 12th seed Kirsten Flipkens 6-1, 6-2.

 

Australian Open semi-finalist Sloane Stephens need to rally past Mandy Minella 4-6, 6-3, 7-6 (7-5).

 

Wimbledon finalist Sabine Lisicki started with a win over Vera Dushevina 6-2, 7-6 (7-3).

 

Laura Robson of Britain overcame recent injuries to return to winning form, beating Spain’s Lourdes Dominguez Lino 7-5, 6-0.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : US judge approves $20 million settlement in Facebook suit.

The Truss Times - Online News Portal : US judge approves $20 million settlement in Facebook suit. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

US judge approves $20 million settlement in Facebook suit.

 

Judge clears deal in which Facebook will pay $20 million for using members ‘likes’ as endorsements for ads.

Facebook’s sponsored stories programme used members’ names or likenesses to endorse ads without getting their permission, according to the legal filing.

 

 

San Francisco: A US judge on Monday approved a deal in which Facebook Inc. will pay $20 million for using members “likes” as endorsements for ads.

The pot of money is to be divvied up among attorneys, Internet privacy rights groups, and Facebook users who filed claims in the class-action lawsuit.

US District Judge Richard Seeborg reasoned that the sum, a small fraction of the billions being sought in the case, was fair given the challenges of proving Facebook members were financially harmed or that signalling “likes” for products didn’t imply some form of consent.

Facebook’s Sponsored Stories programme used members’ names or likenesses to endorse ads without getting their permission, according to the legal filing.

Seeborg estimated the size of the class represented in the suit as 150 million people, but noted that so few had filed claims that there was ample money in the settlement fund.

“The settlement as a whole provides fair, reasonable, and adequate relief to the class, in light of all the circumstances, including the low probability that a substantially better result would be obtained through continued litigation,” the judge wrote in a ruling endorsing the deal.

The settlement calls for Facebook to modify its rules to give members greater control when it comes to how their information is used regarding Sponsored Stories.

“Sponsored Stories, in Facebook’s view, does nothing more than take information users have already voluntarily disclosed to their “friends,” and sometimes redisplays it to the same persons, in a column that also contains more traditional paid advertising,” the judge wrote while detailing his decision.

“Plaintiffs faced a substantial burden in showing they were injured by the Sponsored Stories.”

So few Facebook members have filed claims that those negotiating the settlement proposed paying out $15 to each person and having enough cash left over for attorneys fees and routing funds to Internet privacy groups, according to the ruling.

An original settlement rejected by the judge recommended the same pool of money, but allocated none of it to Facebook members.

The lawsuit was filed in early 2011 after Facebook launched its Sponsored Stories advertising programme.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : Why Indian IT needs to tweak business model.

The Truss Times - Online News Portal : Why Indian IT needs to tweak business model. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

Why Indian IT needs to tweak business model.

 

India's information technology (IT) industry might allow a good crisis go to waste. As US lawmakers bicker over immigration reform, delaying what could be costly and restrictive visa rules, Indian IT companies are beginning to relax. The reforms could have been disruptive to their business model. However, it would be a mistake to go back to business as usual.

 

Differences between Democrats and Republicans are delaying reforms.

 

The millions of dollars spent in lobbying on Capitol Hill may have paid off after all. But what the industry cannot afford to miss is the real message from all this: thou shalt not depend on visas for your business model to work.

 

This message was delivered two years ago, in a bottle called Border Security Bill. Republicans and Democrats unanimously passed a law to boost patrols along the US-Mexico border with aerial drones and armed guards. Indian IT companies footed much of the bill. The law raised visa fees for companies with over 50% of staff on work visas, the profile of most Indian IT firms.

 

Charles D Schumer, a Republican senator and lead sponsor of the legislation, pulled no punches when he said the measure would only impact afew, "foreign companies known as chop shops that outsource good, highpaying American technology jobs to lower-wage, temporary immigrant workers from other countries." He named Infosys as an example.

 

But visa restrictions are only a symptom of something deeper: the perception that they ship jobs out of US. High levels of unemployment in the US have brought this into focus.

 

The industry has responded to the emotionally-charged debate about job loss by circulating media statements about insufficient talent in the US. This demonstrates the lack of a more visionary strategy and lobbying effort in America.

 

Indian IT exporters should think about what got them to this pass. Founded on the premise of labour arbitrage, the 30-year-old industry has been very successful. It delivered quality services at a fraction of the prevailing cost and made a name for itself with its core audience: Fortune 500 and Global 2000 companies. Profitability was high.

 

What members of the industry forgot for so long is to act truly global. They cannot exist in a bubble where they engage only with large companies. They must engage with the communities they operate in, and hire locally in meaningful numbers. A preference for higher margins cannot make it a parochial island — they employ far more Indians than locals in most countries they do business in, and non-Indians are non-existent in their senior leadership. And yet, India barely contributes 2-8% of sales.

 

Indian IT companies must go out of their way to create currency for their brands in their major markets — something that travels beyond their loyal clients. The wall of negativity must be scaled.

 

One Indian IT company recently sponsored the San Francisco Marathon. But such initiatives are still exceptions rather than the norm. Big-splash events can get a certain kind of exposure, but what these companies must recognise is the need for a consistent effort to make themselves more accessible and likeable among a wider audience: that includes students, recent graduates, job applicants, lawmakers and other average Americans. As long as the industry gets more than 60% of its Rs 4.6-lakh crore revenue from the US, this is a necessity.

 

Spending money on lobbying works to some extent, but a renewed effort requires more than just issue-centric bursts of activity. That, at best, will remain symptomatic treatment. What the industry really needs are advocates of goodwill, and clusters of influential advocates. There are well-defined models of public engagement and outreach.

 

A good place to start would be employees who are members of local communities and can be informal advocates of a corporation's goodwill.

 

Then there are schools and universities, with whom active lines of communication and collaboration can be established, especially as they form the pools of talent from which hiring must be done.

 

For an industry that continues to evolve and innovate, the question is not so much about opportunities to act or the ability to do so but about willingness to spend time and energy to walk the line for as long as it takes.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : US ‘ready’ to strike Syria, oil price worry for India.

The Truss Times - Online News Portal : US ‘ready’ to strike Syria, oil price worry for India. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

US ‘ready’ to strike Syria, oil price worry for India.

 

The US defence chief said on Tuesday his forces were ready to launch strikes against the Syrian regime over alleged chemical attacks, amid growing Western and Arab calls for action. Global stock markets dived and world oil prices hit a six-month high over fears of possible military intervention, as the drumbeat of war grew louder.

 

With oil prices rising, the crisis couldn’t have come at a worse time for India. The rupee is in freefall, markets are tanking and economy is virtually at a standstill. High oil prices will further widen the current account deficit that the government is struggling to control.

 

“We are prepared. We have moved assets in place to be able to fulfil and comply with whatever option the president (Obama) wishes to take,” US defence secretary Chuck Hagel said in Brunei.

 

Calling the use of chemical weapons a “moral obscenity”, secretary of state John Kerry said, “President Obama believes there must be accountability for those who would use the world’s most heinous weapons against the world’s most vulnerable people”.

 

Though he did not spell out the consequences, Kerry was making a case for military intervention, according to experts.

 

“The question now is not whether the United States will respond,” said Richard Haas of the Centre for Foreign Relations in a conference call, adding, “but only when.”

 

There have been reports of the US moving its warships into the region in preparation of a cruise missile strike, which, Haas offered, was one of the possibilities.

Senior military officers from Western and Muslim countries met in Jordan to discuss the regional impact of the war in Syria, wrapping up a two-day meeting on Tuesday.

 

India will be watching the developments closely, having tried and failed earlier to end the dispute, working with its IBSA partners Brazil and South Africa.

The Washington Post cited senior US officials as saying the action would probably last no more than two days and involve missiles or long-range bombers, striking military targets not directly linked to Syria’s chemical weapons arsenal.

 

In Paris, French President Francois Hollande said his country was “ready to punish” those behind the alleged chemical attacks.

 

Britain said its armed forces were drawing up contingency plans, and Prime Minister David Cameron recalled parliament from its summer break to debate the crisis.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : Cabinet clears mega power projects.

The Truss Times - Online News Portal : Cabinet clears mega power projects. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

Cabinet clears mega power projects.

 

NEW DELHI: The Cabinet Committee on Investment has cleared a slew of project investments, in which it has given go ahead to 18 power projects worth Rs 83,772 crore and nine other projects worth Rs 92,500 crore, finance minister P Chidambaram said here on Tuesday.

 

He said the banks have already disbursed Rs 30,000 crore for the power projects. The government has asked that the fuel supply agreement (FSA) for the power projects should be completed by August 31 and if there is any pending FSA that has to completed by September 6.

 

Regarding the other nine projects, Chidambaram said those projects are in petroleum and natural gas, roads, railways and steel sectors.

 

"Banks have already disbursed Rs.26,000 crore for the other nine projects," the finance minister said.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : Deepak Sandhu named chief information commissioner.

The Truss Times - Online News Portal : Deepak Sandhu named chief information commissioner. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

Deepak Sandhu named chief information commissioner.

 

NEW DELHI: Former media advisor to the prime minister and information commissioner Deepak Sandhu has been appointed the chief information commissioner. He will succeed Satyananda Mishra. The decision was taken in a meeting on Monday after PM Manmohan Singh met with leader of opposition Sushma Swaraj and DoPT minister V Narayanasamy.

 

Sandhu is an information officer (1971 batch) who has been principal director general in the Press Information Bureau and has been media advisor to the PM. Sandhu joined the Chief Information Commission on September 2009. A Pearson fellow, she has also held positions in AIR and DD.

more...
No comment yet.
Scooped by Truss Times
Scoop.it!

The Truss Times - Online News Portal : Rs 33,000 crore outlay to ensure food security.

The Truss Times - Online News Portal : Rs 33,000 crore outlay to ensure food security. | The Truss Times | Scoop.it
Latest news In India, States News of India, World News, Latest Cricket News, Latest Hollywood news, Latest Bollywood News, Headlines, Breaking News, Latest Politics News, Latest Business News, Hindi News, English News...
Truss Times's insight:

Rs 33,000 crore outlay to ensure food security.

 

NEW DELHI: The annual additional subsidy on account of the food security scheme is likely to increase from the estimated Rs 25,000 crore to around Rs 33,000 crore.

 

The spurt is on account of commissions to be paid to fair price shops along with transportation charges, and the additional outlay will have to be shared by both the Centre and states.

 

Overall, the food subsidy is pegged at around Rs 1.33 lakh crore, increasing the Centre's payout. The burden is likely to be a cause for concern for the government since the expanded outlay will have a cascading effect on the current account deficit (CAD).

 

Food ministry sources said state governments are yet to work out commission.

 

As of now, only three states - Delhi, Haryana and Uttarakhand — have launched the scheme based on the food security ordinance. "So far, we have no information of any other state launching the scheme immediately. The Act will come to force in the next 10 days with clear signs of all parties supporting the Bill, which will pave way for its passage in the Rajya Sabha," sources said.

 

However, advocating a strong case in favour of the scheme amid growing economic concerns, food minister K V Thomas had told the Rajya Sabha last week that when the food security scheme is implemented across the country the total pay out on account of subsidy would be around Rs 1.25 lakh crore.

 

He had said that the present subsidy on the ongoing public distribution system is to the tune of Rs 1.09 lakh, which is based on 2001 Census and 1992-93 poverty data. He had said that even if there is no food security scheme, the subsidy will be Rs 1.13 lakh crore in the current fiscal. "Now, when the Food Security Bill is implemented, which includes several schemes, like the mid-day meal programme and other initiatives for women and children, the subsidy will be about Rs 1.25 lakh crore. The government is confident that it can be managed," Thomas had said in response to a question.

 

As per government's estimate, the annual allotment of foodgrains to 35 states and Union Territories will be around 55 million tonnees with maximum of 9.6 million tonnes going to Uttar Pradesh, and Bihar ranks second at 5.5 million tonnes.

more...
No comment yet.