June 30, 2020
"We are praying for each of you. According to The Washington Post, teaching the boys how to dive, pumping water out of the cave and searching alternative entrances are among the various methods that the rescue team on ground is employing to get them out. . Thailand&China caster wheels Manufacturers39;s weather forecast for this weekend has developed worries among experts who say that the currents in the cave are too forceful for beginners to risk an escape and that if the boys aren't rescued soon, they may be trapped for months. We were also scared, we also shed tears. They were trapped inside for 69 days. . Our tears also ran. The head coach of the Wild Boars soccer team, Naparat Guntawong described the 12 boys as top athletes who had bonded closely, reported BBC Southeast Asia correspondent Jonathan Head. He said that it is tough for him to offer any advice but he persuaded the boys to concentrate on "reuniting with their families. .On Friday, Elon Musk also said that it would be worth trying to "insert a 1m diameter nylon tube (or shorter set of tubes for most difficult sections) through cave network and inflate with air like a bouncy castle. ."Another Chilean miner, Mario Sepulveda, known with the nick name "Super Mario" developed through his energetic spokesmanship from his videos, also conveyed his support.
The British television host of the survival series "Man vs. Wild," Bear Grylls also tweeted, "So proud of you Jon Volanthen helping orchestrate this rescue - and no surprise you are a Scout volunteer Leader!"-- referring to one of the two British divers who first found the team. They were in a weak condition, but with only minor injuries, and were given energy gels to sustain them. The boys were forund standing on a rock above an expanse of water on the 10th day by rescuers.Also Read: Thai diver on cave rescue mission dies due to lack of oxygenMore than 100 chimneys are being drilled into the mountainside as an alternative towards the rescue mission of the team as the risk in evacuating them by diving out is too high. this rescue will be successful," he said to Agence France-Presse in a video message. The team has now garnered global attention with more than 1,000 people from various nations contributing towards their rescue, and even more that have volunteered to aid, The Washington Post reported.According to a report in The Washington Post, 64-year-old Reygadas was the 17th miner to be rescued after being lifted out of the 2,300-foot-deep mine- an incident which grabbed the attention of the world.
THE ASIAN AGE. The government added that the American engineers would arrive on Saturday to aid with the rescue.Various ideas about how to carry out the rescue are floating around social media with some suggesting the building of a "small capsule" or "mini-submarine"."Saman Kunont, a Thai military diver, died due to lack of oxygen while helping in the operation to rescue the boys. (Photo: AP) Mae Sai: Eight years ago, Omar Reygadas, a chilean miner was sealed inside a mine in the Atacama Desert in Chile along with 32 others. Elon Musk suggested an idea of his own which includes inserting an inflatable tube into the cave that will assist the group in crawling out. Soldiers carry a pump to help drain the rising flood water. He confirmed that engineers from SpaceX and Boring were en route to Mae Sai in northern Thailand to assist the rescue team there. Published: Jul 7, 2018, 4:22 pm IST Updated: Jul 7, 2018, 4:22 pm IST It has been 12 days since football team consisting of 11 to 16-year-old Thai boys, assistant coach have been trapped in Tham Luang caves. .""They shouldn't be ashamed to be scared," he added. They've all been very strong-willed, and he's sure that their tight group mentality has probably helped them through this ordeal. .Also Read: FIFA president invites Thai boys stuck in cave to World Cup finalTesla CEO, Elon Musk took to Twitter to express his support for the team by saying that he is "happy to help". He now sits in the comfort of his home in Chile while he watches experts from all over the world attempting to rescue a football team of 12 boys and their assistant soccer coach from the swamped Tham Luang caves in northern Thailand. SpaceX engineers spacecraft, while Boring is an infrastructure construction company that "has advanced ground penetrating radar & is pretty good at digging holes," Musk tweeted. Even as adult men, we cried. "We are here for you if you need any extra help," he added."It has been 12 days since the football team consisting of 11 to 16-year-old Thai boys along with their assistant coach went to explore a six-mile-long cave when the rising water level trapped them in one of the chambers of the cave complex.
The journey out is an exhausting 11-hour round trip even for expert divers.""My advice is to be firm. "He's been training them for five years, and he said they're the top athletes in his group. Experts say that they could be trapped in for more than 45 days considering the extent of the rainfall during the monsoon season in Thailand. "He may provide services for location tracking, water pumping or battery power," the Thai government posted on Facebook along with an image of Musk's tweet. "Because we were scared, too. "If, as we all hope, they are reunited with their families in the coming days and their health allows them to travel, FIFA would be delighted to invite them to attend the 2018 World Cup final as our guests," he wrote in a letter to the head of the Football Association of Thailand. I want them to know that being scared is normal. Experts say that they could be trapped in for more than 45 days considering the extent of the rainfall during the monsoon season in Thailand. "He was talking about what a tightknit team this is," Head said on the BBC World Service. "It's terrible for them - they're little - but I believe that boys with a lot of strength are going to manage to be whole when they get out," Reygadas told The Associated Press. "I have no doubt that if the government of this country puts in everything it can ."At a FIFA event this week, Portuguese soccer star Cristiano Ronaldo told reporters that "the world of football hopes that someone can find a way to take these kids out of there," CNN reported. . (Photo: AP)Reygadas told the boys, in his message, to depend on each other for mental aid while a rescue plan is being developed.(Photo: AP)Also Read: Thai boys trapped in cave found safe after 9 days, rescue operations underway.(Photo: AP)FIFA President Gianni Infantino invited the Wild Boars team to Russia for the World Cup final
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June 24, 2020
Are you familiar with the Cosa Nostra or La Cosa Nostra, the dreaded Sicilian criminal syndicate, which later shifted its activities to the United States? Lucky Luciano became the most powerful and first undisputed mafia boss in the US, who used his position to run La Cosa Nostra like a major corporation.Ironically, PNB, India’s second largest public sector bank, has a history of fraud with jewellers and diamond merchants just as the erstwhile private bank, Global Trust Bank, which folded up due to overexposure to diamantaires and was swallowed by the Oriental Bank of Commerce.But that is now past, for, raised on Mario Puzo’s Godfather and having watched the tripler based on his epic innumerable times, today I am faced with a new reality: Nostro. He loves the space where politics and economics converge. Confusion confounded? Yes, I know the feeling.Its non-fund based exposure to the same sector was another Rs 430 crores. When a bank needs to make a payment in a country where it doesn’t hold a Nostro account, it China caster wheels Factory can use a bank with which it has a correspondent relationship to make the payment on its behalf.But that’s not all, there is a Vostro account as well. This refers to an account a bank holds in a foreign currency in another bank. FB is not Facebook, Sandeep BamzaiThe writer is Editor-in-Chief, Financial Chronicle; Visiting Fellow ORF and eminent author. PNB also had exposure in two other massive fiddles — Winsome Diamonds and Shree Ganesh Jewellers. These accounts are an essential aspect of correspondent banking, where the bank holding the funds acts ascustodian for or manages the account of a foreign counterpart. It’s also known as a Bank Identifier Code (BIC). Nirav Modi My head is spinning with an onslaught of the alphabet soup. As on March 31, 2017, the total fund-based exposure to the gems and jewellery sector was Rs 2,360 crores.
The Punjab National Bank-Nirav Modi-Mehul Choksi scam and the Rotomac Global swindle has, once again, thrown into stark relief the quantum surge in the threat analysis to India’s ever-porous banking system, always ripe for a fall — government fetters leaving in their wake more questions than answers. More than that, its echoes are inherent in the questions that people ask and they always reverberate loudly.The wilful defaulters’ list of PNB reveals that it has an outstanding exposure of Rs 266 crores to MBS Jewellers, Rs 69 crores to C Mahendra Exports, Rs 45 crores to Gem Star Company, Rs 35 crores to KBM Gems & Jewellers, Rs 30 crores to Ghansham Das Gem & Jewels, Rs 29 crores to Future Jewels and Rs 17 crores to Jai Mata Jewellery.But this is not the end of it, for there is virtual barrage of acronyms being thrown at me — LoU, FB, NFB and a zillion more which directed me towards investopedia, a website that focuses on investing education and financial news.Many years ago, at the height of the Ketan Parekh scam, at a news meeting of a very large national daily, I had a tough time explaining P Notes and their devious utility in stock market transactions — the general sense being how was a promissory note involved in the equity market, till I explained that a P Note was not a promissory note but a Participatory Note, which helps mask the identity of the actual investor as he uses the sub-account of an FII to invest in capital markets. Truth, it is said, has a mind of its own, and it always manages to emerge from the cracks, and be heard.Public money recapitalised by the government for public sector banks comes with the sovereign guarantee of the Central government. A Vostro account is an account a correspondent bank holds on behalf of another bank..The SWIFT code is an international bank code that identifies particular banks worldwide.
Aforensic audit conducted by Ernst and Young after some of these aberrations came to light proved conclusively that not only were there major lacunae in the system, rogue employees were constantly compromised and involved in trickery, deception anddefalcation.There is learning from every scam, but never in the past have there been so many abbreviations to deal with..Someone in the bank obviously loves gem and jewellery makers. It chose not to learn from these fiascos. Published: Feb 21, 2018, 3:06 am IST Updated: Feb 21, 2018, 3:06 am IST A Vostro account is an account a correspondent bank holds on behalf of another bank. He set up the "commissionâ€, which included bosses from seven families, to rule all La Cosa Nostra activities.To get into the granularity of this — the Vostro account is held in the currency of the country where money is on deposit. The one thing common in the Nirav Modi/Mehul Choksi swindles is LC — letter of credit. Finally, there is FLC, or "foreign letter of creditâ€, and an AD, or "authorised dealerâ€. A Nostro account is the record of the bank whose money is at another bank.All this brings me to the cult song Spinning Wheel, by Blood, Sweat and Tears 1968:What goes up must come down/ Spinnin’ wheel got to go ’round/ Talkin’ ’bout your troubles it’s a cryin’ sin/ Ride a painted pony let the spinnin’ wheel spin/ You got no money and you got no home/ Spinnin’ wheel all alone/Talkin’ ’bout your troubles and you, you never learn/ Ride a painted pony let the spinnin’ wheel turn/ Did you find the directing sign on the/ Straight and narrow highway/ Would you mind a reflecting sign/ Just let it shine within your mind/ And show you the colors that are real/ Someone is waiting just for you/ Spinnin’ wheel.Today, almost 17 years later, we have come to know of it as Promoter’s Note and Politician’s Note, which is an instrument to round trip and bring back overseas black stash into domestic markets. Nostro accounts are often used to simplify trade and foreign exchange transactions
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June 16, 2020
"When I came back to the event and set my first record, it made me a better rider.â€Getting down and dirtyLeslie loves working on her bikes so that she knows them inside out. I was a very scrawny kid. I was fortunate to recover quickly. An adventure bike is probably next.Next up is to replace the title of "The Fastest Woman in the World†with "The Fastest Person in the World. In 2008, Leslie burned Utah’s Bonneville Salt Flats and broke the Guinness World Record previously held for over 30 years by motocross rider and stunt woman, Marcia Holley in 1978. Including riding cast iron wheels wholesale a motorcycle. So when she bought one at age 16 and everybody she knew said she’d never be able to get it running, Leslie not just rode it but also raced it. Faster than the bullet trains in Japan! What does a motorcycle do at that speed? "I’m running a motorcycle that has over 500 horsepower and weighs about 400 pounds, so I get a lot of rear-wheel spin. I had to tune out everything else and not think of the possibility of wrecking. We met up with the racer at the India Bike Week in Goa. In 2007, when she was racing at the same Salt Flats in Utah at the speed of 227 mph, the motorcycle tumbled for over 50 feet. It holds ‘pride of place’ and is displayed at her Inkling tattoo studio in Dallas, Texas.
I never get bored of it. She also owns several classic bikes from the 60s.And that’s exactly what she did. It’s important when your safety depends on the machine that you are riding. Traction is a constant issue.†Of course, she still has her Hayabusa turbo charged ‘rocket’ machine, the bike that Leslie achieved the world record on in 2008. "I keep in shape by scuba diving, horse riding, walking my dogs and exercising. There were hundreds of hours of practice, selecting, trying and fine-tuning bikes to get to the right one, learning how to ride on salt, going at speeds not previously experienced and learning how to position and adjusting on the bike, as velocity increases. There is something so fulfilling in re-building a motorbike, especially when they start off looking like they have just come out of an abandoned old barn after sitting there for many years, and then bringing them back to their former glory, the whole process is so satisfying. They aren’t very fast but they are so much fun. Then, when The World’s Fastest Indian came out (biographical sports film based on speed bike racer Burt Munro and his highly modified Indian Scout motorcycle) in 2005, I just knew it was time to go over 200 mph,†says Leslie. Yes, the grease under the nails can be a bit of a pain, but it’s always worth it.†But the best exercise of them all is chasing after her two five-year-olds!Leslie is not only a top athlete, but also an accomplished business woman who has turned her passion for the sport into a thriving career. | NIVEDITA JAYARAM PAWAR Published: Nov 26, 2017, 12:26 am IST Updated: Nov 26, 2017, 12:26 am IST Leslie is not only a top athlete, but also an accomplished business woman who has turned her passion for the sport into a thriving career. Leslie Porterfield Leslie Porterfield is the world’s fastest woman on a motorcycle (hitting 246 mph!).
It was initially as an inexpensive mode of transportation.â€Racing with the boysRacing was always a male domain and it can be quite intimidating to see a petit blonde breaking records. Leslie not just broke seven ribs, punctured a lung, and had a concussion; she also had to be airlifted to the hospital. I still have some aches from the broken ribs but I consider myself lucky,†says the girl, who the following year, rebuilt the motorcycle, recovered, and achieved her first record aboard the same motorcycle she had the accident on.. The gorgeous rider tours the world as public speaker and advocate for other woman riders.Although her record breaking run was over in a very short space of time (seconds), it took years to get to that point. Yoga is her favourite routine to stay flexible.Leslie Porterfield doesn’t like to be told what she cannot do.†And to do that, she has to go over 254 mph in the modified class on her Sir Speedy Honda, a feat which she aims to accomplish soon. Processed foods and sweets are a complete no-no. "I wasn’t brought up on motorcycles; in fact my family were not into bikes. "I enjoy restoring old bikes. "It’s not just about the safety element, tinkering with bikes is so pleasurable. Some guys are genuinely happy for me to have achieved what I have, others not so.â€Staying in top gearMotorsports racing is both a physical and mental sport and Leslie prepares by maintaining a mostly vegetarian diet and focusing on upper body strength with weights. After a certain point, with that rear wheel not getting traction, I’ll end up getting out of shape pretty quickly,†she explains. There are times that my rear wheel has gone up to 60 mph faster than my front wheel, so burning off tyres and blistering tyres is something that I have to be very careful about in managing throttle. "That was definitely my worst crash. With strong business acumen and a degree in accounting, she has built one of the most successful motorcycle dealerships in Texas. How do men react when they meet the fastest woman on wheels.
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June 10, 2020
Also, infrastructure and resources needed for complex manufacturing, like roads, skilled labor and consistent power supply, is often lacking.This has boosted sales of heavy commercial vehicles and, by extension, auto ancillary companies.9 per cent, the fastest rate among the world's major economies.Nonetheless, the recovery in investment is patchy.4 per cent over the same period.Sales at smaller private firms grew 12 per cent in 2014/15, the central bank survey showed.His Bhagirath Coach & Metal Fabricators has just invested nearly 120,000 in new machinery and plans to spend up to 1. "Today our order book is more than our execution capacity," chief financial officer Naveen Sorot said. The annual study of nearly 240,000 unlisted small- and medium-sized enterprises (SMEs) found they are saving their way to growth, helping transform India into the world's fastest-growing large economy in the past two years. Now, Patel is buying new machines, hiring workers and spending more on marketing.
Capacity utilization at his Gujarat-based factory shot up to 80 per cent from 50 per cent in 2014/15.Flexibility is an advantage "Being a small-scale company has helped us in getting more orders," said Pramod Patel, managing partner at Reliable Paints. Most are unlisted, and their earnings growth has outpaced listed companies for the past three years.Operating profit of the unlisted firms grew an annual 16. In contrast, listed companies struggled with shrinking profits.That led to a contraction in capital spending in the January-March quarter.That's an encouraging sign for Asia's third-largest economy, where stressed balance sheets at big firms and heavy reliance on bank credit, which has dried up following a surge in troubled loans, have stymied efforts to revive private investment. Sales at listed big companies rose 1. Thermax Ltd an engineering company, reported a 15 per cent drop in its order book in the last quarter from a year ago.Encouragingly, the infrastructure push has begun to feed through to the balance sheets of some bigger listed firms.With banks increasingly taking action against corporations that default on loans, a senior government official said companies are likely to keep a lid on capital outlays unless they see visible returns on new investments. Its commercial vehicles wheel plant is now using 95 per cent of capacity from little over 35 per cent in 2013/14. (Representational Image) India has more than 45 million SMEs, accounting for nearly 40 pe rcent of gross domestic product. The company, which supplies wheel rims to major automakers, has seen a big leap in capacity utilization.Patchy RecoveryFor India to consistently grow at or above 8 percent that it targets to cast iron wheels Manufacturers generate jobs for a rapidly expanding workforce, major listed enterprises will have to come to the party.India has more than 45 million SMEs, accounting for nearly 40 per cent of gross domestic product. Steel Strips Wheels, for example, reported a 55 per cent jump in earnings per share in the fiscal year that ended in March.Sharma does not face such constraints.
He says his firm is debt-free and relies mainly on internal resources to fund capacity expansion. "So we are planning to expand our production capacity". Despite that, strong consumer spending helped power economic growth of 7. While higher expenses halved net profit growth at private firms, they still grew at double-digit pace. Patel's company, which supplies industrial paint to the metals, chemical, auto and defense sectors, saw 25 per cent growth in its order book in the fiscal year ending in March.Corporate earnings at listed non-financial firms in the March quarter grew 18 percent, the strongest in the past two years, raising hopes of an improvement in their debt-laden balance sheets.Helping power smaller firms has been Prime Minister Narendra Modi's plan to build 10,000 km of new national highways and upgrade another 50,000 km as part of 32 billion infrastructure spending this fiscal year.Debt-laden big listed firms, meanwhile, are still reluctant to undertake new investments, and foreign firms can find India's labyrinthine regulations overwhelming. Sales at his autoparts company in the western Indian state of Gujarat are booming and the order book has almost doubled in the past year. "We can customize different paint shades for clients, unlike big paint companies which can only provide specific paint shades," he said
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June 02, 2020
Three women in a car, for close to 10 hours a day would sometimes get a bit stifling, so the challenge lay in terms of keeping the atmosphere in the car congenial at all times,†says Soumya. One of them told us that it was not safe for us to be sitting in the car and urged us to come to his house where he could organise lunch for us. Apparently, there was no electricity and no inflow of groceries and goods for days. We were greeted by the most welcoming smiling faces of his mother and two sisters who cooked the best Manipuri food for us, played the guitar for us, sang songs and made us feel at home. Nidhi Tiwari, Soumya Gopinath and Rashmi Koppar are the first ever to have done this road trip traversing through China, Kygyzstan, Uzbekistan and then to France in an Indian car.†Looking forward to her next trip, Nidhi reveals, "We are planning a couple of drives in north-east India with women drivers who can push their driving limits in difficult terrain.
I’m an outdoor educator and am currently consulting for an education-based project.â€Seventeen countries, 95 days and three women behind the wheel of a car, these ladies had a life changing tryst with travelThese three women travellers who have returned after an adventurous road trip from London from Delhi confess that they have the soul of a nomad. Once we were stuck between landslides, at a small village called Chamol in Manipur.†Agrees Rashmi who found this trip life changing among many things. "I am humbled by the sheer helpfulness of people we met on our journey. From the time we crossed the Indian border, up until Finland, communication was a major challenge, especially while ordering China caster wheels Factory food. A local lady named Chongpi, physically handicapped was distressed at our plight and invited us over to her house, shared what meagre food she had and gave up her bed for us. Their bags are always packed and they believe that the world is their oyster.
For Soumya Gopinath, a physiotherapist, mother of two young boys, who also runs an outdoor biking gear company and a campsite in the Western Ghats, it was an extension of her passion for trekking that started in her school days.Nidhi Tiwari of Women Beyond Boundaries (WBB) has had many years of long-distance, high-altitude driving and off-road jeeping experience, while Smita was working in the development sector for over 15 years. "I loved the changing landscapes; flood plains of Myanmar, to the Tibetan plateau in China, to the Tien Shan mountains in Kyrgystan, the fertile Fergana valley in Uzbekistan, dry, desert lands in Kazakhstan, then to the flat, yet green pastoral lands in Russia to finally reach the coniferous trees and pretty European meadows in Finland,†says Nidhi in awe of the beautiful world. He urged us to come inside his house and with a lot of trepidation we gave in. When I shared this with Soumya and Rashmi, who have been long-time friends and travelmates, they jumped right in. Nidhi states, "When we were planning this expedition, we were looking for like-minded travellers.â€Recalling another incident, Soumya adds, "Driving from Kohima to Imphal, we were stuck one day due to a strike and all the roads were blocked with nowhere to go, watching the protesters pass us by. We speak to this first all-women group on the challenges they faced and their daredevil attitude on this super adventurous trans-continental expedition. "I was introduced to trekking when I was in Class 5.It was about pushing boundaries both within and outside for the girls who clocked 23,800 km at the wheel, 17 countries and 95 days on the road. We were in a dilemma, but just trusted our instincts and drove behind him. Before going on this journey, I was wondering whether my family would be able to manage in my absence and during the trip, we faced challenges in terms of knowing the local languages. With travel, once you start, you can never truly finish
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