The five enterprises in emerging industries that received "service demonstration case" status at the China International Fair for Trade in Services (CIFTIS) this year sat down with media on Nov 12 in Beijing to share their stories about the CIFTIS as well as their visions for growth with the sustainable support of the fair. Available to global service traders for years, the mega-fair has held over 900 exhibitions and recorded over 1.06 million visits by traders with an intended transaction amount of 529.33 billion US dollars accumulated by 2019. The 2019 CIFTIS was held from May 28 to June 1, drawing exhibitors from various new industries including culture, financing and environmental engineering. According to Aric Dai, the COO of Orange CDS, an industrial product collaborative design services provider, his first visit to the fair this year gave him more confidence in his company's future in the trade … [Read more...] about CIFTIS brings ample opportunities for rising new businesses
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Actress Paayel Sarkar who was last seen in Kamaleswar Mukherjee’s ‘Mukhomukhi’ will share the screen with Soham Chakraborty and Tanusree Chakraborty in Raja Chanda’s upcoming film titled ‘Harano Prapti’. The social drama follows the story of rape victims and tries to raise awareness against the rapists who often escape punishment. “We often go through news of rapes in newspapers. I am only trying to protest against the heinous act through the cinematic lens,” said Raja. The story is original and penned by Padmanabha Dasgupta. While Tanushree Chakraborty plays a victim Maya, Soham will be seen as her rescuer Mainak. Paayel, meanwhile, plays Mainak’s girlfriend Namrata. “Not only comedy films, I have also done films based on serious issues with Raja Chanda earlier. The story here is brilliant. It shows how criminals sometimes find the escape route." said Soham who is set to work with Raja Chanda for the sixth time. On the … [Read more...] about What’s keeping Paayel Sarkar busy these days?
By Ajay Bodke Fast-paced and mind-boggling political realignments witnessed in Maharashtra after the assembly election results have sent tremors across the country with far-reaching consequences leaving many astute political pundits utterly dumbfounded. The post-poll alliance between torchbearers of two diametrically-opposite and hitherto implacably-opposed ideologies of nationalism and secularism of Shiv Sena on one hand and Congress-NCP on the other is bound to bring deep convulsions in the future political discourse. Leaving aside speculation of longevity of such an alliance of disparate forces, it would be interesting to analyse a few key aspects and their impact on the future trajectory of the key architect of this triad namely Shiv Sena. The twin pillars of Shiv Sena's raison ďêtre are its advocacy of fierce Hindutva and championing of nativist causes demanding primacy of rights of Marathi Manoos over the state's resources. The charisma of its iconic founder Hindu … [Read more...] about Shiv Sena’s Gordian Knot: Impact of diluting ideological purity for power
NEW DELHI: With Q2 earnings season over, the coming week focus of traders will shift to macroeconomic numbers and developments on trade deal talks between the US and China. Apart from this, the initial offer by oil giant Saudi Aramco will be open for subscription throughout the week. Traders will also track foreign fund inflows who have largely been bullish on Indian market in November. Going by the buzz on Dalal Street, here are the key factors that will guide the market this next week: Aramco IPOInitial public offer by Saudi Aramco opens for subscription on November 17 for institutional investors. However, for individual investors the issue will open on November 28. The issue is dubbed as the biggest in the world, with estimated valuations as high as $2 trillion. Saudi Aramco plans to sell 0.5 per cent of its shares to institutional investors, individual Saudis and other Gulf nationals. Indian nationals, who want to invest, can do so via professional wealth managers. They can … [Read more...] about FII flows, Fed minutes, Aramco IPO among key factors that will guide D-Street this week
NEW DELHI: Finance minister Nirmala Sitharaman on Friday said the Centre is set to raise the insurance cover for bank deposits beyond the current level of Rs 1 lakh, while amending the law to improve RBI’s oversight on multi-state co-operative banks. The twin moves follow the recent collapse of PMC Bank, with Sitharaman saying the idea is to ensure that the banking function of cooperatives is brought under the Banking Regulation Act so that there is compliance with prescribed prudential norms. Currently, multi-state cooperatives are under the regulatory purview of RBI as well as state cooperative societies, leaving scope for misuse. Although the minister did not specify the proposed amount, she said the government would amend the law to provide a higher limit as the current cover was decided several years ago. While the deposit insurance extended in India covers 70% of depositors in terms of number, only 7.8% of the base comprises deposits below Rs 1 lakh. ‘RBI … [Read more...] about Government to provide higher deposit cover: Nirmala Sitharaman