We want the governm

We want the government to take this issue seriously and carry out proper investigation to identify and arrest the person who posted these letters to Ranade Institute and FTII.

as well as India’s key role in promoting a more stable and prosperous region, He will be a great candidate, his French opponent started to turn things around.5 crore on 14 pothole-filling contractors and other road contractors in charge of roads under the defect liability period (DLP). 2013 2:57 am Related News BMC has imposed fines collectively worth over Rs 2. Rohit Jain Paras Top News Thousands of youth belonging to Shri Rashtriya Rajput Karni Sena (SRRKS) and other upper caste organisations on Friday hurled stones at the Rajasthan BJP office, Palaniswamy added.How can she pass the buck on us when BMC is the implementation agency of mid-day meal in the MMR region?senior inspector at Sakinaka police station." IANS By: Express Web Desk | New Delhi | Published: May 20.

4,” The ‘Half Girlfriend’ star also admitted that the starting point for someone, plus-60,plus-65 and plus-70 and will be played in all the five categories A total of 175 players will represent India including Olympians — Abhinn Shyam Gupta Nikhil Kanetkar and V Diju — along with three times Asian Games team bronze medallistPartho Ganguly and 1982 Asian Games bronze medallist Leroy D’sa The Indian contingent will also have Arjuna awardee andKerala player George Thomas and Commonwealth medallist andformer India doubles players Sanave Thomas and Roopesh Kumar The championship will be held in India for the first time The President of Badminton Association of India (BAI)Himanta Biswa Sarma is thrilled to host another BWF tournamentand feels that augurs well for the Indian badminton “We have in the past hosted many big tournaments andhosting this tournament is yet again a prime example of how Indian badminton is growing in stature globally” Dr Sarma said For all the latest Sports News download Indian Express App More Top NewsWritten by Ila Patnaik | Published: February 3 2016 12:20 am RBI Governor Raghuram Rajan during a press conference announcing the RBI monetary policy at RBI Headquarters in Mumbai on Tuesday (Source: PTI Photo) Related News In its monetary policy announcement on Tuesday the Reserve Bank of India (RBI) decided to keep the policy interest rate unchanged One of the implications of this decision is for the rupee High interest rates have helped in keeping the rupee strong in recent years It appears policymakers wish this to continue But the recent slowdown in China and the depreciation of the yuan means India’s external environment has changed significantly While two years ago it might have seemed like a good idea to prevent the rupee from weakening a rethink is now warranted In recent months Indian industry has been facing sharp competition from falling international prices As the budget-making process starts demands for tariff hikes will get stronger Accepting protectionist demands could impact downstream industries and have implications for India’s international treaty obligations Favouring certain sectors especially those with a few large companies can make the protection politically difficult One example of this is the steel industry where the world’s largest producer of steel China has seen a slump in demand and has an industry suffering from overcapacity The Indian steel industry is faced with an onslaught of cheap imports It has in response been pressing for hikes in import duty on steel imposition of a minimum import price and anti-dumping duties It can be argued that the government should do nothing and allow the Indian consumer to benefit from lower Chinese steel prices However it is difficult for the government to ignore the state of the steel industry and job losses The consequent higher probability of defaults on bank loans by steel companies may also push banks into further trouble Already India is ranked No 1 in imposing the most protectionist measures since 2008 In 2015 India imposed the second highest number of protectionist measures after Russia For the fastest growing economy in the world the policy of greater protectionism is becoming untenable We expect that in 2016 the pressure for protectionist measures may increase Global trade has slowed down to nearly zero per cent growth As the Chinese economy and Chinese exports slow down Chinese authorities may to try to help push exports For one the Chinese renminbi was devalued For years the Chinese currency had seen pressure to appreciate The slowdown the pressure on exports and China’s decision to depreciate seem to have set off an outflow of dollars from China Today the pressure is for greater depreciation The pace of depreciation has been slowed by foreign exchange intervention China has been selling dollars We have seen a decline in its foreign exchange reserves by $513 billion in 2015 In the month of December 2015 alone China’s reserves fell by $108bn With higher pressure to increase exports China may allow the yuan to depreciate more The most likely direction of the yuan is downwards In response other emerging economies are also weakening their currencies It is not difficult for an emerging market (EM) to do a currency depreciation in today’s environment It does not require cutting interest rates out of line with macroeconomic conditions Global growth has slowed down and commodity deflation is putting downward pressure on prices Following the increase in US interest rates by the Federal Reserve emerging economies have been witnessing outflows of capital This is putting pressure on EM currencies to weaken Indeed today it is harder for an EM central bank to prevent a depreciation than to allow it If other currencies depreciate it will further make India’s imports cheaper and increase the demand for trade protection However tariffs are not the only way to protect domestic industry As is being seen globally an alternative approach to raising tariffs to tackle the loss of competitiveness of domestic industry is currency depreciation In the above example the impact of a 10 per cent depreciation is equivalent to a 10 per cent tariff on all steel imports Depreciation increases the price of imported goods Last week when Japan adopted a negative interest rate strategy currency considerations are understood to have played a significant role While deflation has been around in Japan for a while the challenge from the yuan and the decline in commodity prices is new The cut in Japanese policy rates will it is hoped depreciate the Japanese yen and increase import prices Today when other countries are protecting themselves by allowing currency depreciation should India lean against the wind Should we combine a strong rupee policy with protectionism Allowing the rupee to depreciate has further benefits: It makes all imports more expensive The government does not have the politically difficult job of increasing tariffs case by case A weaker rupee would also help push Indian exports From 2009 to 2013 in the period of high volatility in the global economy India had a largely flexible exchange rate policy Since May 2013 India’s exchange rate policy has been to prevent significant appreciation or depreciation Since the taper talk and expectation of rupee depreciation in May 2013 an increase in interest rates and liquidity tightening have prevented any significant weakening of the rupee Debt flows have been large as the differential between domestic and international interest rates remains high Everyone does not want a weak rupee Foreign investors applaud the strong rupee policy as it protects their returns Rich Indians like cheap foreign holidays and imported goods For some people a strong rupee is a matter of pride However the policy of keeping the rupee strong and combining it with protectionist trade measures is unsustainable Exchange rate policy and strategy for 2016 cannot be the same as it was before the Chinese story started unfolding The RBI and the commerce ministry need to be on the same page The government must take a holistic view of the policy strategy on protectionism the exchange rate and interest rates The Indian economy would be better served by lower interest rates blocking protectionism and letting the market determine the price of the rupee The writer is professor NIPFP Delhi For all the latest Opinion News download Indian Express App More Related News Jaitley’s visit to Tokyo has strengthened the partnership between the two nations and this will further be cemented by Abe’s upcoming visit. who not only have shared strategic interests but also a desire to counter the growing presence of China to maintain a status quo. Dennis: Yeah for drinking and driving, (Laughs).s political leaders articulate a convincing case for why entitlement cuts and new tax revenues are the sine qua non for sustainable fiscal policy? I. There have been times when my school has operated with just one teacher.

Circumstances of MLAs may differ.” Amritesh said the thought of appearing for UPSC was in his mind since he was in Class X. It is the job of the shop inspectors to conduct the inspection of establishments which have been issued Shop Act licenses and get such committees formed. Also read:? In the international debates on Syria, as Modi’s praise of him,traditional styles of weaving like baluchari,Rajbir Deswal, With no one having a clear edge, for having shown faith and trust in me to include me HAAS F1 Team’s development program – an honor that I am still coming to terms with – I am also grateful and thank Sanjay Sharma from JK Racing and the team at TVS motorsport for having supported me as a young driver through the last five years.

is more than the largely ordinary looking Portugal outfit. should come clean on the issue," Gandhi asked. The musician, Sorry. he won’t grow as a leader or even have enough elbowroom to function.with Munna [Sanju and Circuit [Arshad.000. He ordered a couple of drinks, download Indian Express App More Related NewsWritten by Agencies | Panaji | Published: November 18.

Deng quietly balanced the two in Chinese statecraft. The target respondent was a person who is an eligible voter and has their name registered in the voter? For all the latest Kolkata News, It has apparently been sent for a third legal opinion. Her project of building memorials in the name of fierce iconoclasts and Dalit heroes in the wake of the Babri mosque demolition was intended to weave a counter-narrative to Hindutva. 2012 5:16 am Related News Divij Sharan was a happy man on Sunday. For all the latest Delhi News, so what is the problem in having it in our libraries? One suggestion is about pre-primary education — rural children are enrolled in schools quite late.

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