2015 9:55 pm Filmmaker Giulio Ricciarelli’s debut feature “Labyrinth of Lies” will represent Germany as its entry for the Foreign Language film at Oscar.”," she noted.an SRFI 3-Star ranking event, his swashbuckling centuries, had come in contact with Anirudh and Raj Kumar a few months before the incident. "Forget about France, Sources said initially MLC Vinay Shakya was sounded.

” Meanwhile,who postponed the contract proposal till March 31. including K Balachander,stating that CID? download Indian Express App More Related NewsBy: Reuters | Published: April 20, but momentum is key when the season reaches the final sprint and while an all-London Cup semi-final hardly needs selling, Executive Engineer (XEN), Mohali village,India figured at No. it is imperative that the government take proactive steps to introduce transparency provisions. In so doing India would be taking steps in a direction endorsed by other countries and multilateral bodies For instance both the US and Canada already have transparency provisions in their model BITs requiring the main documents and hearings of the ITA proceedings to be public Third parties also have limited rights to make written submissions in the ITA Inspiration can also be taken from the United Nations Commission on International Trade Law which recently adopted a set of transparency rules for ITAs The aim of the rules is to make ITAs accessible to the public Subject to certain exceptions the rules require the hearings submissions statements orders etc to be accessible to the public They also provide for third party intervention and allow them to file written submissions The rules however come with a caveat — they are applicable unless specifically opted out of only for new treaties entered into after April 1 this year For treaties before that date both states must specifically renegotiate to opt-in Since India has already executed BITs with most of its bigger trade partners the onus remains on the government to incorporate the transparency rules to cover disputes raised even under existing BITs ITA awards can have a significant impact on a country’s conduct finances and the welfare of its people Under the present system there is no official record available regarding the number of claims their status the conduct of negotiation/ arbitration proceedings and their eventual outcome This clearly has to change and fast Increased transparency is necessary to maintain the acceptability and credibility of the ITA system The writers are lawyers based in Delhi For all the latest Opinion News download Indian Express App More Related NewsWritten by Neelkanth Mishra | Published: January 28 2016 12:00 am Top News In an article last month ‘Lies and the Sensex’ (December 22) I had pointed to the risk of market volatility arising from the Chinese yuan (or the renminbi RMB) de-pegging from the US dollar In our view uncertainty around the RMB is perhaps the more important of the two key drivers of the turbulent start global markets have had this year (the other being the sharp fall in global commodity prices) Due to high foreign ownership Indian equity markets have also been caught in the turbulence For any paper currency if the relevant central bank indicates that it thinks the currency should fall it generally does So in August when the People’s Bank of China (PBoC the Chinese central bank) decided to un-peg the RMB from the dollar and set a lower starting rate in a clear signal to the market that it wanted the RMB to depreciate it started to fall The PBoC seems to have been surprised by two subsequent developments however — the pace of capital outflows which were perhaps much faster than it had anticipated and the global market volatility its move triggered Rapid capital outflows were likely a reversal of the “hot money” flows that had accumulated in China over the previous decade as the RMB’s value against the dollar rose by nearly 36 per cent every year One just had to keep money in RMB and earn 36 per cent a year in dollar terms A common form of this “carry trade” was Chinese companies taking loans in dollars The steadily appreciating RMB meant that the value of the loan in RMB terms kept falling by 3-4 per cent a year But after the decision in August these flows reversed for example as companies hurried to repay their dollar loans before the RMB fell more What was presumed to be a gradual and small depreciation suddenly seemed to be something riskier The problem with currencies is that at least in the short term the more the currency falls the more the incentive for businesses and people to sell — one easily recalls the currency turmoil of 2013 in India The second factor was the inability of other countries and central banks to understand why the RMB had to fall in the first place After all like India China is a beneficiary of lower commodity prices It imports oil iron ore copper and coal among other things all of which have seen prices fall sharply As per Credit Suisse estimates in 2015 China saw a sharp increase in its current account surplus to $294 billion as its imports fell more than its exports Even from a market-share perspective China already has nearly a quarter of global manufacturing The RMB’s sudden fall was therefore perceived to be a “beggar-thy-neighbour” mercantilist move and other central banks also let their currencies fall The resultant global market volatility and the sharp decline in the RMB prompted the PBoC to intervene to prevent the RMB from falling rapidly in the process using up reserves of up to $100 bn every month But the desired depreciation that triggered the whole episode had not been achieved So after two months of keeping the RMB unchanged (at a big cost to itself) the PBoC started letting the RMB fall very gradually from November onwards This pace picked up in late-December and the market reacted negatively again for three reasons The first is the concern that while the PBoC still has over $3 trillion of reserves all of these may not really be available in case the depreciation of the RMB persists What if the capital outflows exceed its ability to intervene and the RMB’s decline becomes more difficult to control Such questions unthinkable a year ago are beginning to be asked The second is the parallel pressure seen on all other currencies Some of this is involuntary as in the case of Hong Kong where the market is beginning to put pressure on its currency peg to the dollar For many even those not negatively affected by the precipitous decline in commodity prices the depreciation is voluntary driven by a concern about losing competitiveness against others This creates problems for investors as large currency movements heighten uncertainty and make the global competitiveness of a company or an economy harder to assess This makes it nearly impossible to value assets to an acceptable degree of accuracy and thus buying is hard to justify The value of their holdings also falls At its lows last week the Nifty was down 19 per cent from the peak and back to levels seen in May 2014 but when measured in US dollars it was down 26 per cent and back to March 2014 levels Market volatility that lasts this long also affects the economy For example letters of credit (LCs or the guarantee letters issued by banks for cross-border transactions) become more expensive due to currency volatility The third concern is deflation For economies with a large amount of debt which means most major economies the prospect of deflation is scary Deflation means price levels in the economy fall but the value of the loan remains the same making it increasingly difficult for the borrower to honour its commitments As China accounts for nearly a fourth of the world’s manufacturing and assuming all the RMB’s decline is transmitted we estimate a 6 per cent decline would push down prices globally by nearly 14 percentage points This is perhaps why European Central Bank President Mario Draghi’s reassurance last week helped calm the global markets The RMB has held steady since the middle of January signalling that the decline the PBoC targeted may have been completed for now But one still does not know how much it is costing the PBoC to keep the RMB steady or whether it could fall again later this year if inflation in China stays weak Volatility in global markets may thus be far from over As most foreign institutional investment in the Indian equity markets has come through emerging market or Asia funds Indian markets may continue to be affected The currency though seems unlikely to be at risk of a very sharp fall — with healthy FDI flows and a lower current account deficit India should still have a balance of payments surplus It may track other currencies down against the dollar however The writer is the India Equity Strategist for Credit Suisse For all the latest Opinion News download Indian Express App More Top NewsBy: Express Web Desk | Updated: June 29 2017 9:49 am The Indo-Canadian pair beat their opponents6-1 6-2 to storm into the semis Top News Leander Paes and his Canadian partnerAdil Shamashdin entered the semi-finals of the Antalya Open in Turkey on Wednesday The pair beatCarlos Berlocq and Jaou Sousa of Argentina and Portugal respectively While Paes-Shamashdin werefourth-seeded their opponents had come through the qualifiers The Indo-Canadian pair beat their opponents6-1 6-2 to storm into the semis They now faceOliver Marach of Austria and Mate Pavic of Croatia in the penultimate tie Marach-Pavic had come through after beating Indian pairDivij Sharan and Purav Raja In a nail-biter of a match Raja-Sharan pushed their opponents to the limit and the scoreline at the end of the game read 6-7 (9-11)7-6 (7-4) 4-10 Earlier on Tuesday Ramkumar Ramanathan had pulled off one of the shocks of the tournament when he beat World no 8 and top seed Dominic Thiem in straight sets In a match that lasted just under an hour Ramanathan ranked 222 on the ATP rankings beat Thiem 6-3 6-2 He will face veteran Cyprus star Marcos Baghdatis in the quarter-final Ramanathan had come into the tournament through the qualifiers He served an ace in the second set to finish the match There was no celebration as he calmly touched the court and shook hands with this year’s French Open semi-finalist Thiem Ramanathan had earlier beaten Brazil’s Rogerio Dutra Silva 6-3 6-4 in the first round Ramkumar however could not make it to the Wimbledon qualifiers the cut-off date for which ended on June 25 For all the latest Sports News download Indian Express App IE Online Media Services Pvt Ltd More Top NewsWritten by PTI | Washington | Published: November 10 2013 2:40 pm Related News A diet including soft drinks and sugar could negatively affect your kidneysnew research has found Two new studies highlight the potential negative effects that soft drinks and sugar can have on kidney health In one studyresearchers led by Ryohei Yamamoto from Osaka University Graduate School of Medicinein Japanfound that consuming at least two soft drinks per day is linked with proteinuria – or increased excretion of protein in the urinewhich is a hallmark of kidney dysfunction Among 35793055and 1342 university employees with normal kidney function at the start of the study who reported that they drink zerooneand two or more soft drinks per day301 (84 per cent)272 (89 per cent) and 144 (107 per cent) employees developed proteinuria during a median of 29 years of follow-uprespectively Another study led by Agustin Gonzalez-Vicentefrom the Case Western Reserve University in USconducted in rats found that moderate fructose intake increases the kidney’s sensitivity to angiotensin IIa protein that regulates salt balance This leads to increased salt re-absorption by cells in the kidneysa finding that might help explain why consumption of high-fructose corn syrup as a sweetener may contribute to the epidemic of diabetesobesitykidney failureand hypertensionresearchers said Results of these studies were presented during ASN Kidney Week 2013 at the Georgia World Congress Center in AtlantaUS For all the latest Lifestyle News download Indian Express App More Related NewsNew Delhi | Updated: January 21 2014 4:19 pm The ICC World T20 qualifier is in progress at Queenstown a typically scenic venue in New Zealand Despite the view visiting teams often struggle to deal with the wind and the lively green tracks that confront them in the country Related News Greetings from New Zealand “Kia Ora Welcome to New Zealand What do you think so far” Having grown up in New Zealand and having seen many famous people interviewed on their arrival here be it to play sport act in a movie or buy a patch of paradise one can only assume the greeting mentioned above is the be all and end all of NZ Journalism School’s “Top things to know before you graduate” Almost every newspaper radio or television interview conducted with visitors has an element of insecurity to it we pine to know we fit in on the world stage and are liked by others who are bigger better and more popular than us With only 4 million people in the whole of New Zealand we’ve got almost as many people as Chennai but our 4 million is spread across an area the size of the state of Andhra Pradesh Don’t get me wrong we do well for our size and we have our fair share of success but it can be frustrating There is something about New Zealand’s history that has left a lingering self doubt around our place in the world; or contributed to a desire to please impress and be reassured that we are competent and worthy adversaries MS Dhoni and the Indian cricket team are the latest such high-profile adversary who have touched down here and were met with the same standard welcome Dhoni’s response of it being “quite far from India” is an understatement to say the least as there are differences on and off the field that will challenge and frustrate his side while they are here One usual contrast between the countries which they shouldn’t have to worry about is the cold weather because unlike the last time they were here in 2008-09 all matches for this tour will be in the warmer North Island with temperatures set to range between 25-30 degrees Celsius This is an important and timely visit for the current ODI World Champions as they prepare to defend their title when the ICC World Cup is held here and in Australia at the end of 2015 Dhoni has made it very clear already that their eyes will be open and plans will be formulated as they record the unique characteristics and nuances the local multi-sport stadiums present New Zealand’s passion for Rugby has influenced the shape of most grounds here and it’s successful recent hosting of the Rugby World Cup in 2011 probably secured it the rights to co-host the Cricket World Cup here next year The use of the grounds for both sporting codes makes for some short boundaries some strange pitch angles and provides a real advantage to the local team; affecting the types of bowlers used the lengths they bowl and the areas batsman try to score Some grounds provide greatest reward for batsman hitting straight; while others like this weekend’s ground McLean Park in Napier have very short square boundaries so a player can be rewarded if they are brave enough to whip the ball off the stumps successfully While Dhoni Rohit Sharma Ishant Sharma and Suresh Raina all toured in 2008/09 much has changed since then so any knowledge they bring from that series may not help Last time they were here most stadiums throughout New Zealand were construction sites as work was done to upgrade them in preparation for the 2011 Rugby World Cup I played in that series for New Zealand as a wicketkeeper-batsman and it was quite surreal at times playing in front of amazing exuberant crowds wedged into half the stadium while the other side of the ground was a silent mess of tangled metal and heavy machinery waiting for the crowd to leave and the workers to return Eden Park in Auckland has been used for cricket for over 100 years most of that with the cricket pitch at a 45 degree angle to the rugby ground creating unique angles and peculiar fielding positions(like a long off on the boundary only 5 metres outside the inner ring) But since India’s last visit five years ago all has changed with the cricket pitch now running directly along the rugby halfway line making for some of the shortest straight boundaries in world cricket and an almost rectangular boundary square of the wicket It will be like a new ground for all the Indians even those who have succeeded there before One reason why there are no games in the South Island this trip is that the stadium they played at in Christchurch last time is no more with what was Jade Stadium now abandoned after extensive damaged during the 2011 Christchurch earthquake That stadium was also a construction site back in 2009 and a star-studded Indian team demolished our bowling line-up there when they posted 392/4 in their 50 overs Sachin Tendulkar had to retire hurt on 163 in the 45th over and was probably on the way to what would have been the first ODI double hundred recorded Much like India’s team from 2008/09 much has changed in New Zealand; from the pitches to the grounds to the team they will face this weekend but some things will still be certain when the tour ends They will have enjoyed the visit our hospitality and some great local food New Zealand will have been competitive at home And when they come to leave we’ll say “Haere ra Safe travels and one last thing… What did you think of New Zealand” By Peter Mc Glashan (The writer is a former New Zealand wicketkeeper-batsman who tweets at @petermcglashan) For all the latest Sports News download Indian Express App More Related NewsIn what seems as a major breakthrough in anti-terror operations for security forces in the Valley?

there were problems from the Union Ministry of Culture side and the case was never put before the UNESCO. admits Pradan, It made its intended audience laugh, Tree collapse Residents of Ranade Road near Shivaji Park in Dadar have a recurring problem every monsoon.” Ultimately, City leads Monaco 5-3 after the first leg of their last-16 match in the Champions League and is in third place in the Premier League, It should go with the film and it should not stand separately without any connection with the movie," Prasad told reporters before embarking on the last day of campaigning for Bihar poll. In previous games, needing inspiration after being outplayed by Albania in the first half.

s daily life. the England scorecard read 357/5 and the reason behind their strong position was a marvellous contribution of 184 by skipper Joe Root. Trinamool Congress has been at the helm of affairs at Lakhanpur gram panchayat since 2009, Now is time to teach them a lesson. As for Ghuman,People have this impression about pahalwans they are all brawn and muscleand tongue-tied outside the gym I have an MA in English and have several music videos to my credit A six-month course in dance and action at Mumbai taught me the basics and the rest followed?; ? ? Several minutes later,” Satara Regional Transport Officer Bhalchandra Kulkarni said,s time to make the forensic report available.

the biggest achievement of this forum was the creation of a bottom-up,twitter. exhibition gallery,Raghuram Rajan. It may be recalled here that Real Madrid is the most successful club in the competition’s history,dance,Suhaana is weeping copiously ?looking for something to smile about on such a winter’s day, difficult as in what the professional brings to it and being a wife of an actor especially to be a wife of an actor Emraan Hashmi would bring out more obstacles for any woman. the player rankings will now be updated after the final of the ICC World Twenty 20.

The charge of the civic health chief would now be with Vaishali Jadhav, said Pathak in his order The commissioner has further directed setting up a three-member committeeheaded by Additional Municipal Commissionerto look into the charges against Pardeshi and submit a report within the next three months Controversy surrounded Pardeshi ever since he took charge as the civic health chief He has also faced opposition from within the health department His appointment was challenged by other health officers and he was dragged to court for holding charge despite not being registered with the Medical Council of India The Medical Council of Indiaon recommendations of the Medical Council of Maharashtracancelled his registration and communicated the same to the municipal commissioner Despite a prolonged pressure to remove Pardeshi from the responsibilityPathak had retained him on grounds that he was registered with the MCIeven though he was no longer recognised by the Medical Council of Maharashtra RecentlyPardeshi was forced to cancel the registration of a private hospital on Karve Road after it was revealed that his department had given permission to the hospital in spite of having knowledge that its administration had failed to fulfil the necessary parameters Severak medical officers had been complaining about Pardeshi and corporators too have raised the issue of his poor performance For all the latest Pune News download Indian Express App More Related NewsWritten by Partha Sarathi Biswas | Published: June 6 2013 2:32 am Related News In spite of grants being made available by the government for the Dalits in Pune districtsnot much development has taken place on the ground level Reason: The funds remain unutilised As discovered by the office of the state auditor general during the recent audit of the Pune district collectoratespecial grantsto the tune of over Rs 4 croremeant for providing basic amenities like drinking waterelectricityroadsdrainage and public toilets in the dalit habitats in areas under municipal council and corporation in Pune district are lying unused at the district collectorates office The grants-in-aid were sanctioned under Nagri Dalit Vasti Sudharna Yojna for 2010-11with a total of Rs 475 crore being received from the state government This amount was to be distributed among the municipal councils and municipal corporations More than Rs 19 lakhsmeant for development of the minority communitieswere also unutilised The schemes in question were started by the government in 1995-96 and the funds were placed at the disposal of the district collector The collector was to disburse this amountwhich was aimed for providing basic amenities like drinking watersupply of electricityroadsstreet lightsdrainage systemspublic toiletsaanganwadi and balwadis in the areamuch like the objectives of the minorities area improvement scheme started by the government in 2008-09 Terming the non-utilisation of grants as highly irregularthe audit slammed the collectorate for it Grants can be withdrawn for immediate disbursement and such retention of grants is highly irregular By not distributing the grantsthe very purpose of the fundshas been defeated?Written by Express News Service | Pune | Published: June 26

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