NEW DELHI: Chief economic advisor Krishnamurthy Subramanian on Friday said that the government's economic reforms are showing its impact. Addressing the media, Subramanian also spoke on the road towards the $5 trillion economy and support for the small and medium businesses. "Evidence of measures to boost investment is actually seen in the record FDI inflows - $35 billion in the first half of 2019-20 as against $31 billion during the same period last year. It's a good sign of foreigners seeing India as a very important destination," Subramanian said. Also, capitalisation of public sector banks and giving last-mile funding to realty projects was announced. As much as Rs 4.47 lakh crore has been sanctioned to non-banking financial institutions and housing finance companies to support retail lending, he said, adding that 17 proposals amounting to Rs 7,657 crore had been approved under partial credit guarantee scheme. Also, 66 per cent of budgeted capex of Rs 3.38 lakh crore has … [Read more...] about Economic reforms showing impact; focusing on increasing consumption: CEA
Cataclysmic comet impacts
Understanding human behaviour and unlearning are key to creating impactful sound designs, according to Oscar winning sound designer Resul Pookutty.“While working in the Hindi film Blue, I had felt the responsibility of recording the sound in the deep sea to explore how sound behaves there. It’s all about the impression you create,” he said at the Kochi Design Week on its concluding day. Citing his experience in working for the film Slumdog Millionaire, which fetched him the Oscar, he said good designs were born from sights and sounds around us.“The sounds of cars and other premises like city traffic are different from the past. So, a sound designer can’t rely on his memory to recreate such sounds today. The contradiction a sound designer faces is that tradition tells him memory is everything but technology says he doesn’t need it at all,” he said, adding that sound represented time in a visual, which was an abstract space. Suresh Eriyat, … [Read more...] about ‘Unlearning key to creating impactful sound designs’
Email By Alan Weedon Posted December 15, 2019 06:37:47 Photo: Hong Kong's railway expertise is found around the globe, including in Melbourne and Sydney. (ABC News: GFX/Jarrod Fankhauser) Related Story: Violence spreads across Hong Kong New Territories on 24th weekend of unrest Related Story: Driverless trains are being embraced around the world — what could go wrong? Related Story: Sydney's driverless Metro train line opens, but the doors don't Map: Hong Kong In 2009, Melburnians were promised a rail network that would be akin to that of Hong Kong's — reliable, on time, and one that could keep up with a rapidly growing population. Key points: Hong Kong's subway operator, MTR, has been criticised by pro-democracy protesters It is a part of Australian franchises that run rail services in Sydney and MelbournePro-democracy advocates say Australia should reconsider its links to MTR That was because Hong Kong's majority state-owned Mass Transit Railway (MTR) … [Read more...] about Hong Kong’s rail operator MTR is under fire from protesters — could it impact Australian services?
NEW DELHI: Punjab Minister and former cricketer Navjot Singh Sidhu continued to face flak from BJP leaders for hugging Pakistan Army Chief Qamar Javed Bajwa during the oath-taking ceremony of Prime Minister Imran Khan in Islamabad last month. The latest salvo was fired on Sidhu by Defence Minister Nirmala Sitharaman, who said his gesture of hugging Pakistan's army chief impacted soldiers back home and asserted that he could have "avoided it". "Sidhu has a lot of admirers...somebody of that stature going there and then hugging the chief of the army, an army about which in India we have very clear feelings, it certainly has an impact on soldiers..., it demoralises the people. I wish Sidhu would have avoided it (hug)," Sidhu was quoted by PTI as saying during an interaction at the Indian Women's Press Corp (IWPC). Sidhu had claimed that he hugged Bajwa as the army chief told him that the Pakistan government was working for opening of the Kartarpur corridor for Sikh pilgrims from Indian … [Read more...] about Sidhu’s hug to Pakistan Army chief impacted our soldiers, says Defence Minister
NEW DELHI: About 150 flights from Delhi airport were impacted, as heavy smog at Delhi airport closure led to about 40 flights diversions, hundreds delayed and about 15 flights cancelled. Flights to Delhi were diverted to Jaipur, Lucknow and Amritsar between 9Am and 1 PM due to low visibility at Delhi airport. The visibility at Delhi airport fell to below the minimum visibility required due to smog, primarily created by crop burning in Punjab and Haryana, and has engulfed the city for the past one week. Sources said that the visibility dropped below the permissible level between 9 AM and 1 PM leading to diversions. “Due to low visibility at Delhi Airport 37 flights have been diverted between 9 am and 1 pm to places including Jaipur, Amritsar and Lucknow among others,” said a spokesperson for Delhi airport. The visibility, however, improved post 1 PMleading to normal movements at the airport. “However, there were delays in departure due to delay in arrival of the … [Read more...] about 150 flights impacted due to Delhi smog