Government claims pulses prices easing markets and consumers disagree

first_imgThe government on Thursday said prices of pulses were easing as per reports from states due to de-hoarding operations and arrival of fresh crop, but a look at the retail rates reveal that this daily source of protein continues to remain dear.”Retail prices of pulses have registered declining trends as per market reports from the states. Release of pulses seized under de-hoarding operations is being expedited,” the ministry of consumer affairs, food and public distribution said in a statement.”Arrival of new crop has also started. This will help to moderate prices further,” it said, adding that Tur or Arhar dal was cheaper by as much as 3.59 percent in the past week alone at Rs.152.11 per kg on November 18, against Rs.157.77 before that.Similarly, it said the price of Urad dal was down by 6.08 percent — from Rs.150.43 a week ago to Rs.141.28 on Wednesday.But at the retail level, the government’s claims did not appear to hold ground.At the Big Basket online retail store, Tur dal was quoting way above at Rs.201 per kg and Rs.375 for a two-kg bag.Reliance Fresh also priced its Tur dal at a price of Rs.219 per kg.At other retail stores, prices fluctuated anywhere between Rs.190 and Rs.230 per kg.Even the commerce ministry data on wholesale price index for October, released on Monday showed that the pulses remained dearer by 52.98 percent over the past year.Even when compared with the previous month, there was a spike of 9.17 percent.The build-up during the current fiscal year, that is since April 2015, has also been rather steep at 41.45 percent.Similarly, data on consumer price index released by the ministry of statistics and programme implementation showed a 22.24 percent inflation rate of pulses as on July 2015, compared to the previous year.The consumer affairs ministry also said thousands of tonnes of pulses had been seized under the de-hoarding operations by the states, which were auctioned or offloaded in the market to increase availability.Curiously, while data released on November 12 said 1,33,828.31 tonnes had been seized, that released six days later showed a lower quantity of 1,32,777.14 tonnes had been confiscated.At the same time, the prices of some other items of mass consumption — onions and tomatoes — were rocketing.On Wednesday, Cabinet Secretary P.K. Sinha reviewed the prices and availability of essential commodities, especially pulses, tomatoes, onions and edible oils in an inter-ministerial meeting.”It was observed that the increase in prices of tomatoes and onions is largely on account of disruption of supplies due to heavy rains in the southern states which is expected to be temporary,” a press note issued after the review said.”The situation is expected to ease in the coming days,” the statement added.last_img read more

IAF hero Abhinandan Varthaman to be conferred Vir Chakra on Independence Day

first_img IBTimes VideoRelated VideosMore videos Play VideoPauseMute0:00/0:55Loaded: 0%0:00Progress: 0%Stream TypeLIVE-0:55?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window. COPY LINKAD Loading … IAF Wing Commander Abhinandan Varthaman.Wing Commander Abhinandan Varthaman will be conferred the Vir Chakra gallantry medal on the Independence Day. The Indian Air Force (IAF) braveheart, who stayed in Pakistan’s captivity for over 50 hours after his MiG-21 Bison crashed during a dogfight with Pakistan in February this year, became the face of the military confrontation between India and Pakistan.During the February 27 air-skirmish between the IAF and Pakistan Air Force a day after Balakot strikes, Abhinandan Varthaman shot down a Pakistani F-16 fighter jet near the Line of Control. However, he was captured by Pakistani forces and returned to India after three days.Varthaman’s name was highly recommended by the IAF for the gallantry awards. Along with him, IAF’s Squadron Leader Minty Agarwal will also be awarded the Yudh Seva Medal for her role as a fighter controller during the February 27 dogfight between the two air forces. IAF pilot Abhinandan Varthaman met and interacted with his colleagues in Jammu and Kashmir.TwitterAlso, pilots of the five Mirage-2000 fighter jets, who had dropped bombs on a Jaish-e-Mohammed (JeM) terror launch-pad in Balakot sector in Pakistan’s Khyber-Pakhtunkhwa province, are also likely to be decorated with Vayu Sena medals. “The final list of gallantry awardees will get the nod from President Ram Nath Kovind on August 14. Only after the list has been formally approved by the President can we disclose the names of awardees to the general public,” a senior Indian Air Force official told news agency IANS.India-Pakistan dogfightTensions between India and Pakistan escalated after Indian fighters bombed terror outfit Jaish-e-Mohammed’s biggest training camp near Balakot sector, deep inside the Pakistani soil on February 26. Pakistan retaliated by attempting to target the Indian personnel the very next day. However, the IAF thwarted their plans.IAF hero Abhinandan strayed into Pakistan’s territory after shooting down the F-16. But, his aircraft, a MiG-21 Bison, had been hit by a missile forcing him to eject from the fighter jet before it crashlanded in Pakistan. Though Pakistani security forces captured him but later released Abhinandan to India at the Wagah border.The Indian strike on the Jaish-e-Mohammed camp came two weeks after the terror group claimed responsibility for a suicide attack on a CRPF convoy in Kashmir, killing 40 troopers. Indian Air Force pilot Abhinandan Varthaman held his head high and crossed over to the Indian sidecenter_img Closelast_img read more

Etihad conditions set speed bumps for debtladen Jets resolution plan

first_imgTime is running out for the troubled Naresh Goyal-promoted private airline Jet Airways as the interim funding plans that could validate the debt resolution plan has hit fresh turbulence.Jet’s strategic partner Etihad Airways reportedly set stiff conditions for backing the resolution for converting debt into equity at an extraordinary general meeting last week. The indifference of Abu Dhabi-based United Arab Emirates (UAE) national carrier that holds 24 percent stake in the debt-laden Indian carrier could delay a deal to bail out Jet, cobbled together by a State Bank of India (SBI)-led consortium of lenders. Further delay in implementing the debt resolution plan will push Jet further into the problem with its creditors and affect its daily operations.A final decision on a proposal from the consortium to lend another Rs 500-crore to the ailing airline is pending, according to media reports. The lenders may also seek additional securities, including share pledges or guarantees from promoters for sanctioning the loan, media reports say.On February 21, the airline’s shareholders approved five enabling resolutions to convert its debt into equity, appoint lenders’ nominees on the board, and increase the authorised share capital of the company, according to a report in Business Standard.The EGM passed the resolution with the support of about 97 percent of the shareholders though Etihad abstained from voting, the website said citing unnamed sources. According to them, Etihad is waiting for clarity on the funding from the SBI and the state-owned National Investment and Infrastructure Fund (NIIF). The Gulf carrier has been pushing for SBI and the NIIF to own 51 percent by investing an additional Rs 2,200 crore.Etihad’s demand for a right of first refusal (RoFR) after one year is apparently a sticking point with the SBI for resolving the issue. The Gulf-based carrier also wants the SBI to get a confirmation from market regulator Securities and Exchange Board of India (Sebi) that the right, if exercised, would not trigger the mandatory open offer, the report says. However, Sebi norms make it mandatory for investors to make an open offer to shareholders if their shareholding goes beyond a threshold. According to reports, Etihad will bring in further capital under the bank-led resolution plan that seeks to bridge an Rs 8,500-crore gap.However, lenders’ sources said they would be meeting shortly for converting part debt into equity and other elements of the resolution plan.Sources with direct knowledge of the negotiations have rejected reports that the SBI is planning to move insolvency proceedings against Jet before the National Company Law Tribunal as the airline’s daily operations get more and more hampered, imperilling its financial and operational viability.The Jet pilots have threatened to keep off the cockpits if they are not paid before March 1, further complicating the matter for the beleaguered airline, according to a report.last_img read more

3 Apan Jewellers owners sent to jail

first_imgProthom Alo File PhotoA day after issuing warrants for the arrest of three owners of Apan Jewellers, separate courts here on Tuesday sent them to jail in five cases filed for laundering money and dodging tax, reports UNB.Four metropolitan magistrates — Nurunnahar Yeasmin, Satyabrata Shikder, Mazharul Haq and Ahsan Habib — passed the orders when Dildar Ahmed and his two brothers — Gulzar Ahmed and Azad Ahmed — surrendered before the courts seeking bail.Of them, Dildar was sent to jail in three cases filed with Dhanmondi, Ramna and Uttara police stations while his brothers in two cases filed with Gulshan police station.Earlier, Dhaka metropolitan magistrate Nur Nabi issued a warrant on Monday for the arrest of Dildar Ahmed as he did not appear before the court on expiry of his bail granted by the High Court in two cases filed under the Money Laundering Prevention Act and for accumulating illegal wealth.Besides, Dhaka metropolitan magistrate Nurunnahar Yeasmin issued warrants for the arrest of two other owners of the jewellery brand — Gulzar Ahmed and Azad Ahmed – on the same charges on Sunday in the two cases.On 22 August, an HC bench granted anticipatory bail to the three brothers in the two cases filed against them.On 12 August, Customs Intelligence and Investigation Directorate (CIID) filed five cases against the three owners of Apan Jewellers after 15 maunds of illegal gold and some diamond jewellery were recovered from its branches.Five CIID assistant revenue officers filed the cases with Gulshan police station, Dhanmondi police station, Ramna police station and Uttara police station following directives of the National Board of Revenue (NBR).Apan Jewellers hit the limelight after the rape of two private university girls by Shafat Ahmed, son of Dildar Ahmed, and his cohort in a Banani hotel came to the fore.One of the rape victims filed a case with Banani police station on 6 May last accusing five people, including Shafat.last_img read more

Army Navy Country Club Links 8th Annual Red Dress Event

first_imgThe Links will hold its 8th annual Red Dress event Feb. 5 at the Army Navy Country Club, 2400 18th Street, from 6 p.m. – 9 p.m. The event is broken into two segments, the segment from 6 p.m. – 7 p.m. will include heart healthy buffet reception with refreshments and free health screenings. The segment from 7 p.m. to 9 p.m. will have a panel discussion. Panelists include Dr. Patricia McNeil,  Holy Cross Hospital; Dr. Cynthia Crawford-Green, Washington Hospital Center and Dr. Kelly Epps, INOVA. Allson Seymour from Fox 5 News will emcee the event. To RSVP for the event, email RSVP to dmvhearthealth@gmail.com.last_img read more

Hubble images spawn theory of how spiral galaxies turn into jellyfish before

first_img Explore further Hubble views a scattering of spiral and elliptical galaxies Prior research has shown that in dense parts of the galaxy, elliptical galaxies tend to outnumber spiral galaxies—likely due, some have suggested, to some unknown transformation process. In this new effort, the researchers suggest that the mysterious transformation process appears to come about as spiral galaxies encounter the enormous heat present in dense galaxy clusters.Dense galaxy clusters are thought to come about due to happenstance arrangement of galaxies—those that are close enough to others, draw ever closer to each other due to gravity—as the area of space grows more dense the gasses between the galaxies grows hotter. Anything that approaches the dense area is impacted by the heated gas.In studying images captured by Hubble, the researchers have witnessed what they believe to be the process by which galaxies evolve in such dense parts of space. They believe that when a spiral galaxy nears a dense galaxy cluster, its colder gases tend to get pulled in to the cluster, causing a stretching of the spiral, and resulting in what is known as a jellyfish galaxy—so named because of its resemblance to the sea creature. Stars from the outer edges of the spiral galaxy are pulled into the cluster, wrecking its signature shape. Over time, the entire spiral galaxy is pulled into the cluster where it melds with other galaxies to form an elliptical galaxy.The new theory explains both the presence of jellyfish galaxies and so-named orphan stars that don’t appear to exist as part of any galaxy—they’re actually in transit, the researchers believe, after being pulled from a spiral—eventually they’ll wind up as part of an elliptical galaxy. 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. HST images of extreme cases of ram-pressure stripping in galaxy clusters at z > 0:2. From left to right: galaxy C153 in A2125 at z = 0:20 (WFPC2, F606W+F814W, Owen et al. 2006); galaxy 234144–260358 in A2667 at z = 0:23 (ACS, F450W+F606W+F814W, Cortese et al. 2007); galaxy F0083 in A2744 at z = 0:31 (ACS, F435W+F606W+F814W, Owers et al. 2012). Credit: arXiv:1312.6135 [astro-ph.CO] , arXiv Journal information: Astrophysical Journal Letters More information: Jellyfish: Evidence of extreme ram-pressure stripping in massive galaxy clusters, H. Ebeling et al. 2014 ApJ 781 L40 DOI: 10.1088/2041-8205/781/2/L40 . On Arxiv: http://arxiv.org/abs/1312.6135AbstractRam-pressure stripping by the gaseous intracluster medium has been proposed as the dominant physical mechanism driving the rapid evolution of galaxies in dense environments. Detailed studies of this process have, however, largely been limited to relatively modest examples affecting only the outermost gas layers of galaxies in nearby and/or low-mass galaxy clusters. We here present results from our search for extreme cases of gas-galaxy interactions in much more massive, X-ray selected clusters at z > 0.3. Using Hubble Space Telescope snapshots in the F606W and F814W passbands, we have discovered dramatic evidence of ram-pressure stripping in which copious amounts of gas are first shock compressed and then removed from galaxies falling into the cluster. Vigorous starbursts triggered by this process across the galaxy-gas interface and in the debris trail cause these galaxies to temporarily become some of the brightest cluster members in the F606W passband, capable of outshining even the Brightest Cluster Galaxy. Based on the spatial distribution and orientation of systems viewed nearly edge-on in our survey, we speculate that infall at large impact parameter gives rise to particularly long-lasting stripping events. Our sample of six spectacular examples identified in clusters from the Massive Cluster Survey, all featuring M F606W < –21 mag, doubles the number of such systems presently known at z > 0.2 and facilitates detailed quantitative studies of the most violent galaxy evolution in clusters. © 2014 Phys.org (Phys.org) —A trio of researchers, two from the University of Hawaii, and one from the University of Dunham in the U.K. has found evidence from the Hubble Space Telescope that suggests jellyfish galaxies come about when spiral galaxies are ripped apart as they move towards dense galaxy clusters. In their paper published in The Astrophysical Journal Letters, the team describes how six images of jellyfish captured by Hubble appear to show how spiral galaxies morph into elliptical galaxies. Citation: Hubble images spawn theory of how spiral galaxies turn into jellyfish before becoming elliptical (2014, January 30) retrieved 18 August 2019 from https://phys.org/news/2014-01-hubble-images-spawn-theory-spiral.htmllast_img read more