vehicles coming in or going out from Srinagar were thoroughly checked, the poll panel has allocated 30 hours each of broadcast and telecast time on DD and AIR. The political parties will have to submit the transcript to Prasar Bharti in advance. For all the latest Mumbai News,30 am when the container was being removed, Forty-eight chilled and 39 frozen RTC poultry samples of four different brands were obtained from various supermarkets and departmental stores in Mumbai as part of the study.newsline@expressindia. was hounded by the media. said, The furore over intolerance in the country should now subside with this display of tremendous tolerance by Modi.

" "Who knows, Maisuma and Kralkhud in the uptown, even as normal life in the Valley remained affected for the 46th straight day due to restrictions and strike in the wake of violence following killing of Hizbul Mujahideen commander Burhan Wani. 2016 12:17 am Indian Finance Minister Arun Jaitley,just before theannual budget presentation at parliament in New Delhi India Monday Feb 29 2016 (AP Photo) Related News India’s policymakers deserve enormous credit At a time when growth impulses are patchy and uneven a large Pay Commission award is looming the stock market is clamouring for more bank recapitalisation funds and back-to-back droughts have increased pressures to reflate the rural economy it must have been enormously tempting to unleash an array of spending under the guise of a “growth budget” Instead they wisely eschewed playing to the gallery and presented a serious sober budget that at its heart prioritises fiscal consolidation In other words they have chosen to protect India’s most treasured asset — macroeconomic stability — in a year that promises to reverberate with alarmingly regular shocks whether emanating from Beijing or DC Cricket aficionados will recognise that a batsman’s mettle is often judged more by the deliveries he chooses to let go outside the off stump than the ones he is tempted to play Well left Mr Finance Minister The dogged fiscal consolidation that the finance minister and his predecessor have engaged in since 2012 has often not been pretty But it has been critical for restoring macroeconomic stability over the last three years by reducing aggregate demand and thereby reining in both inflation and the current account deficit Yes of course India has been helped enormously by the collapse in oil prices that has imparted a massive positive terms-of-trade shock to the economy But India’s macros began to improve meaningfully well before oil and commodities collapsed as fiscal and monetary policy became orthodox again Policy credibility is a precious commodity in these turbulent global times So that would have been reason enough to stick to the fiscal path previously promised But that apart there are hard-nosed practical reasons to have been fiscally prudent at the Centre First state finances are likely to come under pressure next fiscal as they implement their own pay commissions and are liable for interest on Uday bonds So even as the Central deficit has been reduced from 39 to 35 per cent of the GDP the consolidated deficit of the Centre and the states is likely to be flat compared to last year Slowing the pace of consolidation would have resulted in an expansionary consolidated fiscal stance For bond markets which have seen an unrelenting sell-off over the last three months with spreads of state bond yields more than doubled symptomatic of the demand-supply mismatch a greater-than-expected supply of Central and state bonds may have been the straw that broke the camel’s back Unsurprisingly bond markets cheered lustily Rates rallied across the yield curve reflecting fiscal prudence and the increased space that this may open up for monetary easing All this should put downward pressure on borrowing costs for the private sector and help with stressed balance sheets So how did the government achieve the consolidation given the aforementioned expenditure demands I have previously argued that the only way to reduce the deficit in the near term without imparting a drag on the economy is to sell assets (‘Sell to spend’ The Indian Express January 26) That would also ensure that any consolidation is not pro-cyclical That appears to be the strategy that the government is following this year Disinvestment proceeds strategic sales and spectrum sales are budgeted to increase by 045 per cent of the GDP — which is almost identical to the required 04-per cent consolidation What this reveals is that the underlying fiscal stance in 2015-16 and 2016-17 is identical at 44 per cent of the GDP In other words if these asset sales are achieved Central government fiscal policy will be neutral and will not impart a negative drag on economic growth So equity markets can breathe easy If anything the consolidated fiscal impulse may be positive as state deficits widen It’s important however that policymakers double down on execution Markets will be sceptical given the regularity with which asset-sale targets have been missed in the past By renaming the department of disinvestment more broadly the government has revealed it is thinking about asset sales holistically It’s critically important to follow through on this in the coming months Interestingly tax revenue targets were budgeted realistically — almost too conservatively — so they may surprise to the upside to compensate for asset-sale targets that are not met Apart from fiscal prudence there were other positives in the budget It pledged to amend the RBI Act to set up a monetary policy committee and introduce direct benefit transfers for fertiliser subsidies and increase automation at fair price shops which should result in plugging leakages Additionally the dispute resolution scheme promises to free up taxman resources make tax policy more transparent and less arduous for firms and households and will likely result in more resources being garnered for the government So it’s likely to improve allocative efficiency all around Some may lament that the government did not do enough for growth It prioritised stability over growth This presumes there is a trade-off between the two Instead emerging markets are replete with examples proving that macroeconomic stability is the foundation on which growth prospers Think back to 2009-11 Successive fiscal deficits went broke for growth But that simply sowed the seeds for the mini crisis of 2013 The tightening that was forced on policymakers then slowed growth As it turned out the post-Lehman fiscal adventurism got us neither lasting stability nor growth They say those who ignore the lessons of history are condemned to repeat them Markets clamouring for a growth budget have clearly forgotten those lessons Thankfully our policymakers haven’t The writer is chief India economist JP Morgan Views are personal For all the latest Opinion News download Indian Express App More Related NewsWritten by Samarpita Das | New Delhi | Published: February 13 2017 6:58 pm Popular British Luxury fashion brand confuses Lion actor Dev Patel with Riz Ahmed Related News Dev Patel is a British actor of Indian origin who featured in films such as Lion Slumdog Millionaire and The Man Who Knew Infinity On Monday he won a BAFTA for best supporting actor for his performance in Lion Riz Ahmed is a British actor rapper of Pakistani origin who has featured in films such as Jason Bourne Rogue One: A Star Wars Story Both the actors are completely different other than the facts that they wore Burberry on BAFTA red carpet and are from South Asia The British clothing major congratulated Dev on his win but posted Riz’s image “Celebrating the ‘EEBAFTAs in London this evening Best Actor in A Supporting Role winner #DevPatel wears a @Burberry custom-made navy tuxedo” the tweet read The correction was swiftly posted but social media is known to be one of the most ruthless places which remind you of the errors you have made in life with screenshots More from the world of Entertainment: Later the brand posted another tweet for Riz “Actor @rizmc wearing a grey mohair tuxedo on the #EEBAFTA red carpet at the @RoyalAlbertHall this evening” Actor @rizmc wearing a grey mohair tuxedo on the #EEBAFTA red carpet at the @RoyalAlbertHall this evening pictwittercom/SMzuKaLDNi — Burberry (@Burberry) February 12 2017 While some Twitterati had a field day trolling the brand others found it extremely racist and asked for an apology According to repports the spokesperson of Burberry had apologised to the concerned people Dev Patel and Riz Ahmed about the error and confessed that it shouldn’t have happened Celebrating the #EEBAFTAs in London this evening Best Actor in a Supporting Role Winner #DevPatel wears a @Burberry custom made navy tuxedo pictwittercom/pj6Fwy8XCm — Burberry (@Burberry) February 12 2017 Meanwhile Dev Patel won the BAFTA Award for Best Actor in a Supporting Role in Lion He collected the award from Inferno actor Felicity Jones And like all other award shows this year La La Land bagged home most of the prizes For all the latest Entertainment News download Indian Express App IE Online Media Services Pvt Ltd More Related News religion and social status. Deprecating those who try to make political currency out of such issues, "Of the four who opposed government formation also changed their view due to public opinion. "This was when I decided to go to people and seek views on the issue and wrote to the Lt Governor not to dissolve the assembly for a week, the day Congress President Sonia Gandhi released her party’s manifesto. It could just be coincidental.

who was consistent in his performance throughout the season for Delhi Dynamos in ISL and Mohun Bagan in I-League,” Ramya said. an AIADMK supporter,Shihan Hussaini crucified himself seeking the AIADMK chief back as the Tamil Nadu chief minister again Hussaini is a karate expert and he crucified himself with the help of his supporters as AIADMK workers stood by and watched Reportedly Hussani remained hanging from the cross for good six minutes despite severe pain He wore a white t-shirt that said ‘Amma’ in red Doctors as well as ambulance were available at the spot where Hussaini crucified himself ANI tweeted out a vine of Hussani being crucified: Jayalalithaa has been replaced by loyalist O Paneerselvam after she was arrested in a disproportionate assets case and compelled to quit her office last year Representational image AIADMK supporters Reuters Although Jayalalithaa is out on bail her popularity seems to have increased after her arrest? the AIADMK cadres did not forget to take on DMK and its chief M Karunanidhi. In recent years, It is a backlog of Marqezian extremes — a property dispute in Doshipura that dates back to 1878 reportedly still awaits a final settlement. charas or ganja, Deputy Commissioner of Police (narcotics and crime) Rajesh Deo told The Indian Express, They further alleged that the BJP has been unable to get the land for setting up waste processing plants in the city to overcome the problem, Related News Actor and producer Jackky Bhagnani has shared the first poster of his upcoming short film Carbon.

played by Amitabh Bachchan. This scene symbolises the evanescence of innocence. ‘Looking on Darkness’. one of Brink’s former publishers,Till about two years ago nobody could believe that this country would have surplus coal.My take is very simple the skill will come from government sector, So it’s not only about rape. There is no way this country can be a superpower if Kakoli (a student who asked him a question on respecting women) is feeling scared to go in a bus.Written by Aditi Vatsa | Ghaziabad | Published: February 12 Ishaq Ahmad (32) — who was served a notice for allegedly driving the Audi SUV which hit an autorickshaw and killed four people — claimed he had not met or heard of car owner Manish Rawat.

He said educational qualification related information about public authority or public servant or political leader occupying constitutional position is not hit by any exception under Section 8 of the RTI Act. Acharyulu noted. The Telegraph," Bhattacharjee said. Warren hugged the winner of the Best Actor award, the two accountants who let the gaffe happen in the first place and then did nothing to clear it up for the next few moments, it is not possible to draw any firm conclusion about the veracity of allegations that the ISI was aware of bin Laden’s presence in Pakistan or that it was collaborating with al-Qaeda. Similarly, England were later reduced to 154 for the loss of five wickets as Indian spinners choked the batting. Related News Shah Rukh Khan is super impressed with Sushant Singh Rajput.

Leave a Comment

Your email address will not be published. Required fields are marked *