The government move that has had knock

The government’s shock move on November 8 to spike Rs China building block flat twin screw barrels Factory 500 and Rs 1,000 notes — fiercely criticised by the Opposition parties — immediately left millions cashless.Parliament’s Public Accounts Committee will call RBI Governor Urjit Patel and top finance ministry officials next month to review the economic situation.Finance Ministry clarifies on jewellery tax, announces new norms.. “The money coming to the banks will be used more fruitfully for the benefit of the economy,” he said on the sidelines of the Make in Odisha conclave. People are also reluctant to accept the new Rs 2,000 notes.

 

The Centre also explained to the Supreme Court on Thursday about steps taken to ease the cash crunch. Many branches are yet to get the new Rs 500 notes, while the Rs 100 notes are in short supply.People struggled to pay their domestic helps, drivers and grocers, as many of them would not be able to accept card payments, but several banks and ATMs were found shut.Opposition parties led by the Congress have stalled Parliament amid criticism over the slow pace of introducing the new notes, with banks running out of cash and ATMs having to be recalibrated to cope with the new bills.Speaking at an event in Bhubaneswar, Mr Jaitley said once the demonetisation process was complete, India’s gross domestic product (GDP) and tax base will expand significantly. As announced earlier, Rs 1,000 notes cannot be used anywhere. But as salaries got credited, banks and ATMs battled bigger crowds on Thursday with little or no cash to manage them.

 

The government move that has had knock-on effects for a mostly cash-based economy has also been followed by a spree of changing regulations for deposit, withdrawal and usage of currency, causing more chaos and confusion. The court would hear the matter on Friday. 2, it said.Anger rose among millions as a person can for now withdraw only Rs 24,000 per week through all withdrawals, but banks were forced to reduce the limit in some cases. Prime Minister Narendra Modi had claimed the crisis would not last more than 50 days.

 

People queue up at an ATM to withdraw cash in New Delhi. The earlier deadline was December 15.Mr Jaitley’s comments came on a day when the finance ministry announced that under proposed laws, there would not be any tax on jewellery legally inherited, acquired from disclosed sources, reasonable household savings or exempted income.The ministry also said that there would not be any seizure of gold jewellery to the extent of 500 grams per married woman, 250 grams per unmarried woman and 100 grams per male member of the family.

 

Union finance ministry Arun Jaitley admitted on Thursday that hardships being faced by people due to a massive cash crunch would remain for “one or two quarters”, but sought to assure that the government’s demonetisation drive would boost India’s economy in the long run. These are the first salaries credited since the two largest bills — 86 per cent of the total cash in circulation — were withdrawn.The ministry said on Thursday that the old Rs 500 notes would be accepted at petrol pumps and for airline tickets only till December

Considering various representations received from different quarters

Also, payments towards utility bills will be restricted to only individuals or households for arrears and/or current bills.The official said the old notes were allowed to be accepted for highway toll payment.. Supply of cash to bank branches and ATMs is being stepped up gradually," the statement said. No advance payments will be allowed.Public utility bills include only household bills.Only half of the ATMs went live today after the two-day break, but ran out of cash within hours. (Photo: PTI/File) New Delhi: With banks struggling to cope with rush to get alternative currency, the government tonight extended use of old defunct 500 and 1,000 notes for paying household utility bills, fuel, taxes and fees and purchases from co-operative stores by another 72 hours to November 14.

 

While withdrawing Rs 500 and Rs 1,000 notes from the night of November 8-9, the government had allowed use of the old currency at government hospitals, railway ticketing, public transport, airline ticketing at airports, milk booths, crematoria/burial grounds and petrol pumps for 72 hours. Court fee will also be allowed to be paid in old 500 and 1,000 rupee notes.This list was later expanded to include payments for metro rail tickets, highway and road toll, purchase of medicines on doctor prescription from the government and private pharmacies, LPG gas cylinders, railway catering, electricity and water bills and ASI monument entry tickets.From the list of exempted utilities, highway toll plazas have been removed as the Ministry of Road Transport and Highways has already freed national highways of any toll charges till November 14.

 

Considering various representations received from different quarters in the matter, it has now been decided that the existing exemptions may be extended until the expiry of November 14, 2016," it said. China shoe machine barrel screws Manufacturers The government has extended use of old defunct 500 and 1,000 notes for paying household utility bills, fuel and medicines till November 14.Payments towards utility bills will be restricted to only individuals or households for arrears and/or current bills."The government has been closely monitoring the implementation of the decision.The time limit set was to expire mid-night tonight, but it has now been extended by another 72 hours, an official statement said.Old Rs 500 and Rs 1,000 notes will be accepted for payment of fees, charges, taxes, penalty to central and state governments, including municipalities and local bodies.Banks have struggled to cope with the rush of people keen to exchange the defunct notes and withdraw smaller denomination and new Rs 500 and Rs 2,000 currency notes.Such old notes will also be accepted for payment of utility charges like water and electricity.It added transactions at consumer co-operative stores like Kendriya Bhandar with valid ID proof and court fee to the list of utilities where the old high denomination currency notes will be accepted as mode of payment. Banks too saw huge queues and server breakdowns in exchanging old notes and issuing fresh ones."There is enough cash with RBI

The hike in the duty will reflect from the September

It was 12 per cent on an average earlier. The Maharashtra Electricity Duty Act 2016 was on the lines of Central Electricity Act 2003 and was passed by the State Assembly this August to make the amendment in the duty.. As per the notification, residential consumers will have to pay 16 per cent duty, commercial 21 per cent, agriculture (excluding agriculture pumps) 9. The Maharashtra Electricity Regulatory Commission (MERC) had approved the hike in electricity tariff for Tata Power and Reliance Energy consumers in the city last week.3 per cent, metro rail 20 per cent and captive power 120 paise per unit. The energy department has issued a notification increasing the electricity duty for various types of consumers under the Electricity Duty Act. Earlier, consumers that opted for open access were not imposed electricity duty.

 

The hike in the duty will reflect from the September’s electricity bills. Electricity duty is similar to a tax levied on goods to create financial resources for the state kitty. “The amendment was made to save the revenue loss government was facing due to the consumers’ shift to open access.30 per cent for commercial and industrial use respectively. As per the Centre’s act, the consumers can go into open access power, as it is cheaper compared to state-owned companies,” an official from the energy department said. The state is expected to raise about `650-700 crore every year by imposing the duty.The Maharashtra government has played spoilsport this Diwali by increasing electricity duty for residential consumers to 16 per cent and 21 per cent and 9.30 per cent, advertisements and hoardings 21 per cent, industrial 9.30 per cent for commercial and industrial use The Maharashtra government has played spoilsport this Diwali by increasing electricity duty for residential consumers to 16 per cent and 21 per cent and 9. With the amendment in the month of August, industrial consumers are also included in the list.” Industrial consumers opting for open-access power will have to screw barrel of injection moulding machines Manufacturers pay the charges, the notification said

The strike was then extended for two more days

The Prime Minister was given a detailed presentation of the situation prevailing in the Valley. The Prime Minister also expressed satisfaction over the progress of the Amarnath Yatra.One person was killed in firing by security forces on a mob in Kupwara district of Kashmir, police sources said. (Photo: H U Naqash) Modi said the Centre will provide whatever help is needed by the state government.Educational institutions in the Valley were closed on account of the ongoing summer vacations, while Central University of Kashmir (CUK), Kashmir University, Islamic University of Science and Technology (IUST) and Jammu and Kashmir Board of School Education (JKBOSE) have postponed the examinations due to the prevailing situation.Public transport was completely off the roads for the fourth consecutive day, while private cars and auto-rickshaws were seen plying at few places in the areas where there were no restrictions, they said.

 

He (PM) has appealed to the people of Jammu and Kashmir to maintain peace so that the situation can normalise. The separatist groups yesterday extended the strike call till July 13 to coincide with the 85th anniversary of those who laid down their lives fighting the Aristocratic rule in the state in 1931.Meanwhile, restrictions continued on the movement of people in Srinagar and four districts of south Kashmir, officials said."The Prime Minister kept taking updates about the Jammu and Kashmir situation during his visit abroad. He (PM) also expressed hope that no innocent person should face any kind of inconvenience or loss," Minister of State in the Prime Minister's Office Jitendra Singh said after the meeting.Pal, who is posted as duty officer at Sangam police post in Bibjehara area of Anantnag district, was not at home at the time of the attack, which follows a series of attacks on police personnel and installations since the killing Hizbul Mujahideen commander Burhan Wani on last Friday.

 

The strike was then extended for two more days to protest the killings of civilians in firing allegedly by security forces.In Kashmir, while normal life remained paralysed, unidentified militants targeted a police post in Sopore, about 55 kms from Srinagar, firing seven to eight rounds but no one was injured. The biggest evidence of his concern is that he called this review meeting within hours of returning from the tour and took details," Singh said.Modi said the Centre will provide whatever help is needed by the state government, according to Jitendra Singh.

 

The shutdown call was again extended yesterday.In Delhi, Modi held a high-level meeting to review the Kashmir situation soon after his return from his five-day Africa visit.Modi said the Centre will provide whatever help is needed by the state government.In another incident, unidentified persons hurled a petrol bomb towards security forces posted on law and order duty in Noorbagh area of Srinagar, an official said, adding nobody was injured in this too.The separatist groups earlier on Friday had called for a one-day strike following Wani s killing.The strike called by the separatist extruder replacement partss Suppliers groups also affected normal life in the Valley.Shops, private offices, business establishments and petrol pumps remained shut, while government offices and banks witnessed thin attendance, the officials said.In Awantipora area of Pulwama in south Kashmir, a mob beat up and injured wife and daughter of a police Sub- Inspector Mohammad Ashraf Pal and damaged his house.There were some other incidents of violence, including a militant strike on a police post and a mob attack on the family of a police officer in which his wife and daughter were injured. It was attended by Home Minister Rajnath Singh, Finance Minister Arun Jaitley, Defence Minister Manohar Parrikar, External Affairs Minister Sushma Swaraj and National Security Adviser Ajit Doval.

 

Srinagar/New Delhi: Kashmir on Tuesday saw sporadic violence which left one person dead, raising the toll to 31, even as Prime Minister Narendra Modi reviewed the situation and appealed for calm with the hope that no innocent person would face an inconvenience or suffer any loss.The Prime Minister voiced concern over the situation in the state where the death toll rose to 31 in the violent protests and clashes with security forces, triggered by the killing of Hizbul militant commander Burhan Wani last Friday. Most of the separatist leaders, including Syed Ali Shah Geelani, Mirwaiz Umer Farooq and Mohammad Yasin Malik, are either in custody or house arrest.The injured were shifted to Sub District Hospital Awantipora where their condition is stated to be stable

The prescription drug underneath that childproof cap

They hacked off the shelf equipment and developed new pumps, motors, heating elements and ultrasound to move particles around, creating a drug-producing process that is not only faster but also more precise, more efficient and cheaper than production methods now in use.T.

 

The prescription drug underneath that childproof cap is often the culmination of myriad complex chemical reactions three-dimensional printer screws Suppliers choreographed in huge industrial facilities on several continents, across many months of time. What’s more, the products would not be one size fits all but a drug dose calibrated to each person’s needs based on factors like age, body weight and genetic variations that affect how one metabolizes and clears the drug as well as takes into account potential interactions with other medicines.Patients could, one day, potentially obtain pills from a machine that is able to take raw materials and synthesize them into drugs in a matter of hours.

The future, however, could look very different.The current version is a modular system where various elements of raw materials and sets of specialised reactors and processors can be plugged in to different sections of the assembly.”Even at this early stage of development the synthesizer is able to produce four very different classes of drugs: generic versions of the antihistamine Benadryl, antianxiety drug Valium, antidepressant Prozac and lidocaine, a local anesthetic.

 

The prescription drug underneath that childproof cap is often the culmination of myriad complex chemical reactions choreographed in huge industrial facilities on several continents, across many months DRUGS COPY.Now a team of chemical engineers at Massachusetts Institute of Technology has worked out production methods in one continuously flowing process from start to finish rather than the stops and starts of producing chemical components in batches, often at different locations. project.I.. “In many cases there was no precedent for doing the chemistry in a continuous system, we had to develop new chemistry to accomplish that,” says Timothy Jamison, one of the senior scientists on the M.

 

They devised ways for more rapid and efficient heat transfer, a critical aspect of chemical reactions, “so you have much more precise temperature control in a reaction” than with traditional processes. At this point, the system is more than a proof-of-concept demonstration but not quite a prototype that is ready to go into production; there is still some tinkering to be done to expand its capacity to crank out different classes of drugs and wring out more efficiencies in the processes. “This theme of reconfigurable unit operations is a real landmark,” says Tyler McQuade, programme manager with the Defense Advanced Research Projects Agency (DARPA), the Pentagon’s chief sponsor of technological wizardry and innovation, which funded the development. Similarly, John Lewin, a pharmacist at Johns Hopkins University and a consultant to DARPA, who was not involved with the study but reviewed the work, calls it simply, “A paradigm shift in the way pharmaceuticals are made. Their work is detailed in this week’s Science

A pollution cess of 25 paise per litre

18 earlier. Diesel will cost Rs 44.Petrol pump dealers were angry over the value added tax increase, and also hinted at launching an agitation if the government doesn’t heed to their views..6 per cent to 18 per cent.Value added tax on diesel was raised from 16.99 per litre, against Rs 59.
 
A pollution cess of 25 paise per litre was also levied on diesel.71, against Rs 44.Petrol prices were raised in Delhi by 96 paise per litre and diesel by 53 paise after the state government raised value added tax on the two fuels. Petrol will cost Rs 59. The Delhi government on Monday night hiked VAT on petrol to 27 per cent from 25 per cent, leading to a 96 paise per litre hike at pumps. Petrol prices were raised in Delhi by 96 paise per litre and diesel China building block flat twin screw barrels Suppliers by 53 paise after the state government raised value added tax on the two fuels.03 earlier

 

How many cases need to be filed on CM

How many cases need to be filed on CM KCR and his government for this unaccountable governance? How many cases need to be filed on Health Minister Eatela Rajender for not even accounting for hundreds of dengue deaths and dengue fever cases?" they ask."BJP wishes, if CM had even half of the love towards people, so many poor children wouldn&foaming barrel screw39;t be dying of # dengue," he said.The 11-month-old dog, named 'Haski', died allegedly after the veterinarian gave it an injection on Wednesday, reported news agency IANS. Health minister Etela Rajinder says unless a government-appointed committee certifies it as dengue, after blood samples test positive in Elisa test, they will not count it as a dengue death.

 

Hyderabad: Following the death of an 11-month-old pet dog belonging to Telangana Chief Minister K Chandrashekhar Rao’s official residence Pragati Bhavan, the Hyderabad police booked a veterinary doctor for criminal negligence. Being complacent is not an option since no one wants to take any chances. The same day it was taken to a private clinic where it died.Nearly 3,000 fresh cases of dengue have been reported in the last couple of weeks and there have been deaths too, along with certificates issued by hospitals saying cause of death is dengue. Following the death of an 11-month-old pet dog belonging to Telangana Chief Minister K Chandrashekhar Rao’s official residence Pragati Bhavan, the Hyderabad police booked a veterinary doctor for criminal negligence. Doctors and paramedical staff say they are really stretched catering to the demand for medical attention.

 

It was not eating anything.'Haski', one of the nine pet dogs at the chief minister's residence, suddenly took ill on September 10.While many are testing positive for dengue, thousands more are suffering from viral fever, influenza and flu symptoms.Both BJP and Congress are asking for government to concede that there is an emergency health situation and take appropriate measures.But the government is in denial. The next day, a veterinarian examined the pet, which was running high temperature.On a complaint by Asif Ali Khan, the handler of pet dogs at the chief minister's residence, the police registered a case and took up investigations.

 

A case under section 429 of the Indian Penal Code (IPC) and Section 11 (4) of The Prevention of Cruelty to Animals Act was booked against Doctor Ranjit and the in-charge of a private veterinary clinic at Banjara Hills Police Station, police said on Saturday. The complaint was lodged the next day.Both the BJP and the Congress are asking for the government to concede that there is an emergency health situation and take appropriate measures.Both the government and private hospitals are running full."It's a cruel joke on the ongoing dengue deaths in Telangana, due to criminal negligence of KCR's government," said BJP spokesperson Krishna Saagar.. The complainant alleged that the dog died due to negligence by the doctor and the in-charge of the clinic, news agency IANS reported

Flitting between dreams and reality

It takes many iconic scenes, items, quirks, accessories and settings from those films and then chides them. The song Nakhrewali plays during a fight scene, and the fight at the end is inspired by The Karate Kid. Rating: Cast: Abhimanyu Dassani, Radhika Madan, Gulshan Devaiah, Mahesh Manjrekar, Jimit Trivedi, Shweta Basu PrasadDirector: Vasan BalaWriter-director Vasan Bala’s Mard Ko Dard Nahin Hota (The Man Who Feels No Pain) is a joyous, fun, hugely entertaining and sharp film born out of deep love and heartache for a genre that disappeared from our lives all to soon — the kung fu-karate, martial arts films.MKDNH scavenges from past glories — Wuxia (films set in ancient China) and kung fu films starring Bruce Lee, Jackie Chan, John G. Avildsen’s The Karate Kid, Kill Bill granulation screw barrels Manufacturers but also, generously, from the tacky, kitschy, gaudy 1980s Bollywood movies.  
 
Flitting between dreams and reality, between what’s filmy and real in its context, it picks several iconic moments, items and cliches and uses them all, getting to show and enjoy doing the filmy while laughing at itself for doing so. In essence, having a jolly good time all along.Bala’s film has the feel and texture of sweaty, B-grade, kung fu films that many of us of a certain vintage — with access to a bulky video player and a monthly account with a video parlour bhaiyya — grew up watching. But it’s more than that.  Cool according to most of those action movies was defined as silent, male and macho. MKDNH redefines cool as middle-class goofy, and it’s both — male and female. MKDNH doesn’t just usurp the genre and all its tropes, making the film not just comic book fabulous in a Deadpool way, but also oh-so-political.It takes many iconic scenes, items, quirks, accessories and settings from those films and then chides them.Even the film’s title turns the very chauvinistic boast on its head, suggesting that dard nahin hona is a bimari, not a superpower. The film spares nothing — from bindi to the poet Rumi and his pretentious aficionados, from boy-talk about Kamal Haasan versus Rajini fans to random splashes of political commentary.MKDNH is an ode to the days of VHS tapes, a film for those crazies who love the trashy, who as teenagers sat down in living rooms, often on the floor, wide-eyed, waiting for magic to begin. Har mind-blowing kahani ke peeche there’s a very bad decision”, announces Mard Ko Dard Nahin Hota, and begins…Like all superheroes with their thinking blurbs, we hear Surya (Abhimanyu Dassani) think as he faces a gang of uniformed security men charging at him.
 
The opening shot itself — with Surya in a maroon track suit, action slo-mo, funny talk — sets the tone and then the film goes into flashback to explain.how, who, why, and what the superhero’s power and weakness is.Telling you would be a spoiler, so suffice to say, paani peete rehna chahiye.The flashback involves a pregnant Aai (Shweta Basu Prasad), a perennially harried Baba (Jimit Trivedi), Ajoba (grandfather played by Mahesh Manjrekar) and a tragedy at the hands of chain snatchers.Soon there’s a diagnosis from the doctor that we are told to look up on Google. Baba can’t deal with Surya’s peculiar problem, and wants to keep him safe and locked up. But Ajoba, who believes “control nahin karna, care karna hai”, trains him in secret — how to protect himself, how to fight, how to survive.And when attacked from all sides in school, little but toofani Supri lunges to little Surya’s defence.Supri has her own sad story, and doesn’t believe Surya when he says “Aankhon ke laser se maar de” as her drunk dad is dragging her away.As Surya grows up, wearing swimming goggles, a backpack and repeatedly saying “Ouch”, he devotes himself to watching every manner of martial arts film — Drunken Master, My Lucky Master, Game of Death — in secret, on VHS tapes.
 
From these he learns karate and kung fu, but then comes upon a real-life fight — 100-man fight by the one-legged Karate Mani (Gulshan Devaiah) and bows respectfully. He has found his sensei — master. MKDNH is split in two equal parts — while the first half is about the hero, the second is devoted to the villain, Jimmy, and his humshakal brother, Karate Mani. Or, as the film tells us, a clichéd drunk karate master and the clichéd psychotic villain.En route to meeting his hero, Surya stops in his tracks to watch in awe a girl (Radhika Madan) kick ass in a badass wayLike Supri, she too has a bad man tugging at her. And while she saves others, she needs saving, too.And then there’s the one who felt spurned by his appa and is after Karate Mani’s locket… Finally, a chain chor Surya is determined to destroy... Movies become dear to us for reasons big and small. But there are some, with their naughty asides, tiny baubles, bits of dialogue loaded with in-jokes that we get and feel a unique personal connect with. With such films we form a relationship, a personal one.MKDNH is that kind of film.I loved it.
 
I have watched it twice already — at the Toronto International Film Festival last year where it won the People’s Choice Award, and now.And this week I plan to watch it again.MKDNH’s strength lies in its clever, political screenplay, funny, crisp dialogue and the film’s goofy disposition to have fun. There’s freshness to how all its characters act and speak, and then there’s the injection of the real in the filmy for comic effect, especially at Jimmy’s Security Services, but the film’s magic lies in how it uses clichés and classic scenes.Geraftar makes repeated appearances, Langra Mani eats an orange during a confrontation, and Jimmy eats banana chips while watching a fight he has organised, taking us back to that fight in Big Boss when Bruce Lee ate a packet of potato chips.The song Nakhrewali plays during a fight scene, and the fight at the end is inspired by The Karate Kid.Even Terminator makes an appearance, for no reason. Chumma. For fun.Apart from the writing, the film’s real coup is its cast. Each and everyone is just fabulous. Mahesh Manjrekar, is the film’s soul — warm, wise and brilliant as well.  
 
Gulshan Devaiya is in a cocky league of his own, perhaps sharing that space with other character acts as, Randeep Hooda, Irrfan Khan and Pankaj Tripathi. He is always fabulous. Here he brings the film alive with both, his chamkeela performance as Jimmy, and one-legged fighting as Karate Mani. I bow to him.What a joy it is to discover, on your own and not through the PR machine in overdrive that the star of a film is the son of a much loved actress.Abhimanyu Dassani, son of Bhagyashree (Maine Pyaar Kiya), has that boy-next-door charm, but also acting and fighting chops that are quite impressive. How Bollywood welcomes him will be interesting to watch.What can I say about Radhika Madan? She bowled me over in last year’s Pataakha, and she made me fall in love with her all over again in MKDNH. Petite and very pretty, she is a naturally talented actress and a force to be reckoned with.

 

The rating agency in its base case assumed an average

2 per cent increase in EBITDA or operating profit to Rs 14,240 crore."If it had done so, such a request could have partly negated the impact of the increase in oil prices. Moody&injection molding screw head and ring39;s said the government could, however, ask ONGC to share fuel subsidies in the next few quarters or alternatively, look for higher dividends.2 per cent increase in EBITDA or operating profit to Rs 14,240 crore.11 per cent stake in Hindustan Petroleum Corp Ltd for Rs 36,915 crore. ONGC increased its borrowings by about Rs 25,000 crore in January 2018.
 
The company could reduce part of its acquisition debt by using this free cash flow," it said.. ONGC increased its borrowings by about Rs 25,000 crore in January 2018, when it acquired a 51.While ONGC has only reported standalone financial results, its consolidated EBITDA — which includes the results of ONGC Videsh Ltd, ONGC's international exploration and production business — will also benefit from the increase in oil prices.For the April-June quarter of the current fiscal, ONGC reported 47."The increase in EBITDA was largely driven by higher crude oil prices, as well as the depreciation of the Indian rupee," Moody's said.77 per cent stake in IOCL is currently valued at Rs 22,500 crore.
 
The rating agency in its base case assumed an average oil price for the remainder of the year of between USD 45 and USD 65 per barrel and expects ONGC to maintain retained cash flow/net debt above 30 per cent.ONGC's 13."If oil prices stay above USD 70 per barrel for the remainder of the year and the government refrains from asking ONGC to share the costs of any fuel subsidies, we expect ONGC to generate a consolidated free cash flow of more than Rs 20,000 crore after likely capital spending of Rs 30,000 crore and dividend payments of Rs 9,500 crore.However, the refining businesses of the company (HPCL and Mangalore Refining and Petrochemical Ltd) will likely report weaker earnings for Q1 2019 versus Q4 2018 because regional refining margins were lower by about USD 1 per barrel, Moody's added. 
 
Oil and Natural Gas Corp's (ONGC) highest ever pre-tax quarterly profit (EBITDA) provides cash flow to the state-owned firm to reduce borrowings, Moody's Investors Service said on Monday."Any such move by the government would constrain ONGC's free cash flow and debt reduction, which will be credit negative," it said."The government's decision, it said, is credit positive because it provides ONGC with cash flow to reduce its borrowings.In a report, the global rating firm said the government has decided against asking ONGC to share in the cost of any fuel subsidies.Debt reduction from free cash flow generation because of high oil prices and the absence of subsidy sharing will provide the company with a buffer to absorb declines in oil prices, it said.ONGC reported 47.The high levels of free cash flow will improve ONGC's financial flexibility, especially at a time when the company is unlikely to reduce its borrowings by selling its # 13.77 per cent stake in Indian Oil Corp (IOC), given that the share prices of IOC have fallen by about 25 per cent since September 1, 2017

 

The Budget may fix the levy

Also, companies like Cairn as well as industry associations too have made similar representations. New Delhi: For the first time in over four decades, the government is likely to convert a cess on domestically produced crude oil into an ad-valorem rate from a fixed per tonne levy, at present..The official said the Oil Ministry has made a formal representation to the Finance Ministry for making the cess ad valorem.With oil prices dropping to an 11-year low of under USD 35 per barrel, the cess translates into one-third of the realisation going away in just one levy. The ad valorem rate of cess will result in higher payouts when prices are high and lower when rates fall. Cess incurred by producers is not recoverable from refineries and thus, forms part of cost of production of crude oil.While New Exploration Licensing Policy (NELP) blocks like Reliance Industries' KG-D6 are exempt from payment of cess, pre-NELP discovered blocks like Panna/Mukta and Tapti and Ravva pay a fixed rate of cess of Rs 900 per tonne. In 2005-06, when the crude oil prices had increased from an average of USD 40 per barrel to USD 60, the OID cess was raised from Rs 1,800 to Rs 2,500 per tonne from March 1, 2006."There are indications the Budget may announce an ad valorem rate of cess instead of Rs 4,500 per tonne fixed levy currently," a senior government official said. Oil producers say the current cess rate constitutes about one-third of the oil price, which has severely impacted several small discoveries and marginal fields, making many of the projects unviable. three-dimensional printer screws Manufacturers Oil rig.

 
The Budget may fix the levy at around 8-9 per cent of the crude oil price, the official said..The Oil Industry (Development) Act, 1974, provides for collection of cess as a duty of excise on indigenous crude oil.Budget 2016-17 likely to make changes in the way Oil Industry Development Cess is l
Also, companies like Cairn as well as industry associations too have made similar representations. New Delhi: For the first time in over four decades, the government is likely to convert a cess on domestically produced crude oil into an ad-valorem rate from a fixed per tonne levy, at present..The official said the Oil Ministry has made a formal representation to the Finance Ministry for making the cess ad valorem.With oil prices dropping to an 11-year low of under USD 35 per barrel, the cess translates into one-third of the realisation going away in just one levy. The ad valorem rate of cess will result in higher payouts when prices are high and lower when rates fall. Cess incurred by producers is not recoverable from refineries and thus, forms part of cost of production of crude oil.While New Exploration Licensing Policy (NELP) blocks like Reliance Industries' KG-D6 are exempt from payment of cess, pre-NELP discovered blocks like Panna/Mukta and Tapti and Ravva pay a fixed rate of cess of Rs 900 per tonne. In 2005-06, when the crude oil prices had increased from an average of USD 40 per barrel to USD 60, the OID cess was raised from Rs 1,800 to Rs 2,500 per tonne from March 1, 2006."There are indications the Budget may announce an ad valorem rate of cess instead of Rs 4,500 per tonne fixed levy currently," a senior government official said. Oil producers say the current cess rate constitutes about one-third of the oil price, which has severely impacted several small discoveries and marginal fields, making many of the projects unviable. three-dimensional printer screws Manufacturers Oil rig.
 
The Budget may fix the levy at around 8-9 per cent of the crude oil price, the official said..The Oil Industry (Development) Act, 1974, provides for collection of cess as a duty of excise on indigenous crude oil.Budget 2016-17 likely to make changes in the way Oil Industry Development Cess is levied.Currently, state-owned Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) pay a cess of Rs 4,500 per tonne on crude oil they produce from their allotted fields on a nomination basis. While the government had effectively linked the cess rate to prevailing crude oil prices in the past, there has been no reduction when the oil prices have declined.. Most of crude oil produced in India comes from pre-NELP and nomination blocks and is liable for payment of cess..jpg Budget 2016-17 likely to make changes in the way Oil Industry Development Cess is levied.In the low oil price environment, several countries including the UK, the US, and China have changed fiscal systems to increase production and promote investments.The cess was levied at Rs 60 per tonne in July 1974 and subsequently revised from time to time.Again, when the crude prices climbed to over USD 100, the rate of cess went up to Rs 4,500 (USD 12 per barrel) with effect from March 17, 2012.The Budget for 2016-17, the second full year Budget by Finance Minister Arun Jaitley is likely to make changes in the way Oil Industry Development Cess is levied to provide relief to companies like ONGC and Cairn India that are being battered by oil prices plunging to 11-year low. Cairn has to pay the same cess for oil from the Rajasthan block

evied.Currently, state-owned Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) pay a cess of Rs 4,500 per tonne on crude oil they produce from their allotted fields on a nomination basis. While the government had effectively linked the cess rate to prevailing crude oil prices in the past, there has been no reduction when the oil prices have declined.. Most of crude oil produced in India comes from pre-NELP and nomination blocks and is liable for payment of cess..jpg Budget 2016-17 likely to make changes in the way Oil Industry Development Cess is levied.In the low oil price environment, several countries including the UK, the US, and China have changed fiscal systems to increase production and promote investments.The cess was levied at Rs 60 per tonne in July 1974 and subsequently revised from time to time.Again, when the crude prices climbed to over USD 100, the rate of cess went up to Rs 4,500 (USD 12 per barrel) with effect from March 17, 2012.The Budget for 2016-17, the second full year Budget by Finance Minister Arun Jaitley is likely to make changes in the way Oil Industry Development Cess is levied to provide relief to companies like ONGC and Cairn India that are being battered by oil prices plunging to 11-year low. Cairn has to pay the same cess for oil from the Rajasthan block

The Warriors have now won four straight over the Heat

The Warriors have now won four straight over the Heat who suffered just their fourth loss in their last 13 and their first since the all-star break.“It took me a little bit to get used to being open. He tied an NBA record on Wednesday with his 127th straight game with a three-pointer.“That’s Steph and Klay and that’s what they do,” said Warriors coach Steve Kerr.Thompson had a streak of 15 straight Warriors points in the fourth quarter. (Photo: AP )Reigning league MVP Stephen Curry and guard Klay Thompson combined for 75 points as the Golden State Warriors rallied to beat Miami 118-112 on Wednesday for their 14th win in the last 15 games. When they start yelling at you, you just have to say, ‘Screw it’ and start shooting,” Fyre said.
 
The Warriors won 118-112.The Warriors lead the league in three point accuracy and nobody does it better than Curry. “It is contagious.James equalled a season low with 12 points and committed six turnovers in Monday’s loss to the Detroit Pistons.Elsewhere, LeBron James rebounded from one of his worst games of the season to score 23 points and Channing Frye came off the bench to score 15 points as the Cleveland Cavaliers beat the Charlotte Hornets 114-103.jpg Golden State Warriors’ Klay Thompson (left) goes for a basket blown film extruder against Hassan Whiteside of Miami Heat in their NBA game at the American Airlines Arena in Miami on Wednesday.Curry finished with 42 points, seven assists and seven rebounds to lead Golden State’s offensive juggernaut which recently became the quickest team in NBA history to 50 wins.The milestone basket came on his first points of the contest in front of a crowd of 19,900 at Miami’s AmericanAirlines Arena.
 
The Heat also got 21 points and 13 rebounds from centre Hassan Whiteside and a career-high 15 points from guard Josh Richardson..“We are moving the ball and playing unselfish,” said Thompson. “When they both do it on the same night that is when we are tough to beat,” Kerr added. It is beautiful basketball and fun to watch.Frye, who was playing just his second game with Cleveland, had essentially fallen out of favour with the Orlando Magic before his trade to the Cavaliers. The Warriors won 118-112.Golden State Warriors’ Klay Thompson (left) goes for a basket against Hassan Whiteside of Miami Heat in their NBA game at the American Airlines Arena in Miami on Wednesday.”The Warriors also got 10 points and 11 rebounds from forward Draymond Green. Curry can pass Atlanta Hawks forward Kyle Korver for the record with another three pointer when the Warriors visit Orlando on Thursday. (Photo: AP ) NBA2_1.The Heat were led by guard Dwyane Wade’s 32 points — his second 30-plus game this season

 

A pretty dim light with alternating colours between red

A pretty dim light with alternating colours between red, blue, pink, purple and in between.The Xiaomi Mi LED Smart Bulb looks like a simple LED bulb but is packed with smart features that make it work wonders. If you own multiple bulbs, you can form them into a group and control them together too.Cozy Home: Strangely bright, but with a blue-white-yellow hue that makes you feel like having warm lights at home. The bulb can be operated by multiple family members and you screw barrel of injection moulding machines Factory can also operate or control the bulb from a remote location as long as the Xiaomi Mi LED Smart Bulb is connected to the internet. The intensity can be controlled on a scale of 0 to 100% with a 1% precision. However, one needs to use an E27 to B22 adapter if you want to use it in India. It features built-in Wi-Fi that connects directly to any smartphone and Wi-Fi router and operates via a simple feature-rich app. Firstly, you can lock the access using face, PIN, password or fingerprint so that it is not accidentally controlled by anyone else. Rating: When it comes to smart appliances, there are many brands that come to mind. Xiaomi’s Smart LED bulb will compete head-on against similar smart lights from well-known brands such as Philips, Syska, Wipro and a few others here in India. It consists of a total of 22 LEDs of which there are 4 x Red, 2 x Blue, 4 x Green, and 12 x White LEDs that together, in combination can produce up to 16 million colours with light temperatures that can be set between 1700K and 6500K according to your mood and requirements.
 
The heat dissipation does seem fairly good, and it would definitely help the bulb’s lifespan. All it needs is internet connectivity and you are ready to change the way your room looks within seconds — with respect to ambient light, that is.Date night: Similar to Birthday, but dimmer, with an orangish hue that simulates a candle-lit room. Give in the credentials for your Wi-Fi router/network and proceed. Priced at a sweet Rs 999 during the crowdfunding stage, this is one of the cheapest smart LED bulbs that one can buy. Once reset, you need to pull up the Xiaomi Mi Home app on your smartphone and add the Smart Bulb as an appliance. Using the app, you can set timers, schedules, colours or plain white, set the intensity or use default scene modes such as:Sunrise: which simulates the sunrise early morning and the light gets brighter gradually in 15 minutes. While the crowdfunding price is around Rs 999, the final price would be anywhere between Rs 1,200 and Rs 1,500, but we are yet to know what Xiaomi will finally price it at.The Xiaomi Mi LED Smart Bulb looks like a simple LED bulb.Using the app to change colours and intensity is very simple too.Birthday: A bright reddish-yellow hue that alternates to create a party mood lighting.. The bulb will then be added to your account and on your Wi-Fi network. With Mi LED Smart Bulb, Xiaomi had begun crowdfunding in April and will soon be on sale on their website.Movie: Produces a light blue dim hue to have ambient lighting while watching movies in the room. These bulbs can only be restricted to lamps placed in the corner, on a table or in chandeliers. This mode can be used to alert someone in the room for attention. The screen has the colours you want to produce and all you need to do is swipe left to right to choose the colour and swipe up to down to change the intensity.
 
Xiaomi’s Smart LED bulb will compete head-on against similar smart lights from well-known brands such as Philips, Syska, Wipro and a few others here in India.The Xiaomi Mi LED Smart Bulb is the size of an average bulb but uses a screw type or E27 base, which is not compatible with Indian bulb sockets which are B22 type. You won’t find anything cheaper in the market at this price point. If Xiaomi manufactures and sells this bulb in India, they should change the base or ship a free adapter within the unit. It would have been nice if the feature was built-in by the app. While the crowdfunding price is around Rs 999, the final price would be anywhere between Rs 1,200 and Rs 1,500, but we are yet to see what Xiaomi will finally price it at.

Traders said oil markets had come under pressure

The producer cartel pumped 33.52 per barrel at 0103 GMT, down 29 cents, or 0. interest rate hike, was also wighing on crude futures.jpeg granulation screw barrels Suppliers International Brent crude oil futures LCOc1 were trading at $51.6 per cent.S.52 per barrel at 0103 GMT, down 29 cents, or 0.Traders said a strong dollar, which was hovering near seven-month highs on Thursday on reinforced prospects for a near-term U.9 million barrels in the week to October 7.7 million barrels to 470.7 per cent, at $49. dc-Cover-img0qlnfa183n963o5qgfnbsj5-20160810123654.International Brent crude oil futures LCOc1 were trading at $51.
 
OPEC on Wednesday reported its oil production rose in September to the highest in at least eight years and raised its forecast for 2017 non-OPEC supply growth, pointing to a larger surplus next year despite the group's deal to cut output. Singapore: Oil prices fell on Thursday after OPEC said that its production had risen to its highest level in at least eight years and following reports of an increase in US crude stockpiles.International Brent crude oil futures LCOc1 were trading at $51.
 
This would be the first rise in oil stocks following five straight weeks of declines."Crude responded predictably, with both Brent and WTI falling," said Jeffrey Halley, senior market analyst at brokerage OANDA in Singapore.52 per barrel at 0103 GMT, down 29 cents, or 0.6 per cent. crude inventories rose by 2.83 per barrel.A stronger dollar makes it more expensive for countries who use other currencies domestically to import dollar-traded oil, potentially weighing on demand.US West Texas Intermediate (WTI) crude futures were down 35 cents, or 0.
 
Traders said oil markets had come under pressure after Organization of the Petroleum Exporting Countries (OPEC) reported a rise in production, despite the producer cartel having plans, potentially with non-OPEC producer Russia, to cut output in a bid to rein in a global supply overhang.The US Energy Information Administration (EIA) is due to publish official storage inventory data later on Thursday.6 per cent, from their previous close.Medi_.S."In the absence of any OPEC-Russia headlines to give crude its daily adrenaline shot, the market looks nervously to the EIA Crude Inventory figures due in the US this evening," Halley added.39 million barrels per day (bpd) last month, according to figures OPEC collects from secondary sources, up 220,000 bpd from August.The American Petroleum Institute, a trade group, reported on Wednesday that U

 

With the driver of the OPEC bus

Sanctions were announced.82 per barrel at 0122 GMT, down 4 cents from their last close but within a dollar of the USD 68.3 million bpd in February and a 2018 peak of at least 2.S.S.S. (Photo: File | PTI) Singapore: Oil prices on Friday hovered close to 2019 peaks reached the previous day, propped up by supply cuts led by producer club OPEC and by U. Despite a more than a quarter increase in crude prices this year, Canadian investment bank RBC Capital Markets said oil was “still below the fiscal breakeven level in a number of OPEC countries”, meaning that many producers have an interest in further propping up the market.
 
With the driver of the OPEC bus, Saudi Arabia, showing no signs of wavering in the face of renewed pressure from Washington, we believe that OPEC is likely to extend the deal for the duration of 2019 when they next assemble in Vienna in June,” RBC said. sanctions and an internal political and economic crisis, plunging from a high of more than 3 million bpd at the start of the century to not much more than 1 million bpd currently.Brent crude oil futures were at USD 67.Iranian crude oil shipments have averaged only just over 1 million bpd in March, down from 1.Beyond OPEC and Russia’s supply policy, oil prices have also been boosted by U.US West Texas Intermediate (WTI) futures were at USD 60 per barrel, virtually unchanged from their last settlement and not far off their 2019 peak of USD 60.
 
RBC said Russia was only a reluctant partner in the supply cuts, but would “ultimately opt to preserve the arrangement and retain a leadership role of a 21-nation group that accounts for around 45 per cent of global oil output”.Prices have been propped up by supply cuts by the Organization of the Petroleum Exporting Countries (OPEC) and non-affiliated allies such as Russia, often referred to as ‘OPEC+’.69 per barrel, 2019-high marked the day before. sanctions against Iran and Venezuela.S.Venezuelan crude blown film extruder oil production has also dwindled amid U.39 touched on Thursday. sanctions on OPEC-members Iran and Venezuela.Petroleum prices have been propped up by supply cuts by the OPEC and OPEC+.5 million bpd in April, before the U.Despite a more than a quarter increase in crude prices this year, Canadian investment bank RBC Capital Markets said oil was “still below the fiscal breakeven level in a number of OPEC countries”, meaning that many producers have an interest in further propping up the market

 

Akshay Kumar and Mallika Dua three-dimensional printer screw

Akshay Kumar and Mallika Dua three-dimensional printer screw Akshay Kumar’s comment on his The Great Indian Laughter Challenge co-judge Mallika Dua has got him into trouble..(sic),” he wrote Alongside his post, the journalist posted a clip from the shoot of popular comedy show The Great Indian Laughter Challenge, in which Akshay made the remark. She wrote: “Hey! Quick question.
 
The 28-year-old actress had also shared the clip on Twitter, which she later deleted after being trolled by Kumar’s fans. GEC.. Does anyone find 5:26 funny? Charming? Entertaining? Family entertainment. Journalist Vinod Dua took to Facebook to express his dismay against the Toilet: Ek Prem Katha actor. This is his sense of humour and language. “I am going to screw this cretin Akshay Kumar for telling his co-worker Mallika Dua that ‘Aap bell bajao, main aap ko bajata hun’ (You ring the bell, I will bang you). The 28-year-old actress had also shared the clip on Twitter, which she later deleted after being trolled by Kumar’s fans


All one has to do is put the excreta inside the machine

The hill station of Matheran, an Eco-Sensitive Zone that is home to over 1,000 horses, is slated to have its own composting machines.Conservationists claimed that the green cover of the hill station has been decaying gradually for the past one decade due to the nitrate-rich excreta of horses. It has a simple mechanism and can be managed with simple primary training. In a period of 72 hours, the excreta turns into manure,” said conservationist from Mumbai Siddhesh Karangutkar, from Eco Echo, who is working on the project.The machine, which will be presented to the civic authorities of Matheran, will soon be fixed at the hill station.The barrel is turned once every day for the bacteria to spread across its contents evenly.

 

Mr Karangutkar said that they were going to keep composting pits, designed by their own fellow colleague Kaustubh Yedre, on display from May 13-31 during the Matheran Festival. The capacity of the machine is 300 screw barrel of injection moulding machines Factory litres.“A horse produces about 9,000 kg of dung every year which comes up to about 9 tonnes of dung scattered across the hill station per year.The hill station of Matheran, an Eco-Sensitive Zone that is home to over 1,000 horses, is slated to have its own composting machines.

 

All one has to do is put the excreta inside the machine and add a certain yeast, which will help the composting process.. Also, horses’ urine is highly acidic, which affects the biodiversity of the hills because of which we have come up with the idea,” said an environmentalist. While Matheran has about 436 registered horses, sources confirmed that about 1,000 horses run in the 7 sq km area of the hill station that doesn’t allow private vehicles.The machine has an oval barrel with a handle to roll it propped on a stand.Environment conservationists have found a way to convert horse excreta, which is high in ammonia and nitrate content and therefore destructive to bio-diversity, into manure within three days. The hill station of Matheran, an Eco-Sensitive Zone that is home to over 1,000 horses, is slated to have its own composting machines