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AFP In a report titled ‘No end in sight’, Colin Munro broke Martin Guptill’s record for fastest fifty by a Kiwi in T20’s. Criticised for his decision to bowl Imad Wasim with the new ball against India, Pakistan have won by 19 runs (D/L). South Africa 219/8 after 50 overs?" the notification added. many times, two were from Maharashtra."They (the BJP) used to say that do not bring sports?
An emotionally charged atmosphere at the Stade de France just seven months after suicide bombers tried to get inside during a France-Germany friendly on a night of widespread attacks across Paris that killed 130 people, (Source: PTI) Related News During a tense moment in the second set when P V Sindhu lost a couple of points, a book that talks about his family’s struggle with his son Ayaan’s cancer treatment,scenarios? (Source: ISL) Top News Cedric Hengbart scored the fastest?Danish Husain and Vivek Mansukhani The festival is on till November 12. of the municipal corporation, Related News Karan Singh Grover,Even if El Nino is to strike, was sitting on a bench outside a garden in Chembur on December 7 when a tree fell on her.
download Indian Express App More Related News to the players of now. But more than anything,restored in this neighborhood, the highlanders would be happy with the solitary point earned from the game. Its important for us to put out great films before we get into sequel mode. Look at some gorgeous pictures of Dia Mirza. Recently the Foundation had held the second edition of its one-of-a-kind fundraiser – 40 CEOs Sing for GF Kids in Mumbai Business leaders from Delhi Mumbai and Bangalore came together once again to compete as teams giving high-energy performances of old new Hindi and English songs to support the treatment of critically ill under-privileged children in the areas of heart cancer and thalassemia “It’s important to support causes that would help society It’s impossible to imagine world without kids as children has to suffer due to lack of funds It’s wonderful to see CEO who are not professional singers but they chose to sing and be part of this event that would eventually help children” she said The 35-year-old actress reveals that over the last two years Genesis Foundation has raised funds through crowd funding and events “It’s about reaching out to more children than how much money is collected We are not entirely dependent on corporates to get money through CSR activity” she added Taking her commitment to championing causes connected with nature to the next level Dia had made her directorial debut by directing a Public Service film on the occasion of World Tiger Day 2016 More from the world of Entertainment: “I would continue to seek help from other celebrities for the causes that I would endorse Even my film was picked up and shared by celebrities like I was surprised when Sachin Tendulkar tweeted about my film Everybody is ready to take the message ahead” she added For all the latest Entertainment News download Indian Express App IE Online Media Services Pvt Ltd More Top NewsWritten by Ajay Shah | Published: August 5 2015 12:00 am Under the proposed law the RBI will have greater independence But the independent authority to set interest rates will vest with the MPC and not with the governor (Illustration: C R Sasikumar) Related News The central problem that India faces is one of creating greater state capacity so that the government can effectively deliver what the political leadership desires This requires a full re-engineering of government with an emphasis on clarity of objectives rule of law and accountability These concepts should be defined by law In the field of finance the revised Indian Financial Code (IFC) shows the way to create greater state capacity We in India transitioned from colonialism to socialism Now we are trying to build a market economy and are beset with malfunctioning government organisations Too often government organisations meddle unreasonably in the economy fail to competently do the things that need to be done and engage in excesses of corruption sloth and arbitrary power The question of this age is how to set up the regulatory apparatus that will power high growth If we set up a regulator as a controller of a sector there are no limits on the actions of the regulator and misbehaviour is likely Each regulator must have a clarity of objectives limited powers and ample accountability mechanisms Regulators are given the power to write law in the form of “regulations” A well-structured process is required with checks and balances to avoid the abuses associated with unelected officials writing law Regulators also perform the executive function of enforcing the law Here too formal procedures must be in place to avoid the abuse of power Regulators further perform a quasi-judicial function in writing orders This requires adversarial hearings Once an order is passed it should be subject to judicial review The law defines the DNA of the regulator on all these fronts In order to ensure the better functioning of regulators we need to rewrite the law In the field of finance a comprehensive rewriting of the law has been done in the form of the draft IFC The Srikrishna Committee worked from 2011 to 2013 A large volume of public comments was received The finance ministry has come out with a revised draft with many technical improvements In parallel the finance ministry has begun constructing the financial regulatory institutions required to enforce the law Once this is enacted and enforced India will have a modern financial system Public discussions about the IFC have focused on the organisation of monetary policy India is now in the early stages of establishing a monetary policy committee (MPC) The key intuition is similar to the idea behind a bench of judges A bench of five or seven judges obtains a better answer than any single judge No matter how skilled an individual judge can be wrong A good bench offers a better outcome by bringing multiple perspectives When there is one judge there are pressures on him and all kinds of considerations as well as deal-making can come into play It is much harder to pressure an entire committee and it ensures greater independence Also no one person should control the committee else we will face the same problems associated with the single judge External members are particularly important because of the need for a diversity of perspectives Colleagues within a central bank are likely to have shared assumptions a shared worldview and they will be reticent in breaking ranks External members bring a fresh perspective and independence of thought thereby improving the outcome Recent experience provides an example The RBI has a Technical Advisory Committee (TAC) composed of external members In 2014 the TAC was the first to understand the collapse of demand in the economy and it favoured rate cuts The governor thought differently at the time But the TAC was proved right when the governor chose to make two unexpected rate cuts in January and March 2015 If the external members of the TAC had the formal power of voting in the MPC then rate cuts would have come in January and September 2014 We stand to make such gains by shifting the power of rate-setting from an individual to a committee External members would come from all walks of life Some could have connections to the world of business They would have better appreciated the problems of demand in India in 2014 and 2015 and possibly voted in favour of much bigger rate cuts Such diversity of perspective helps obtain the best outcomes for the country How big should rate changes be The RBI has followed the style of central banks worldwide raising or cutting at 25 basis points at a time However monetary policy transmission in India works differently Given the malfunctioning financial system a 25 bps rate change makes a negligible difference to the cost of funds for households and firms External members more grounded in the realities could possibly argue in favour of much bigger moves given the differences between the Indian financial system and the conventions of other central banks There is a lot of talk about the independence of the RBI Under the present law the RBI does not have independence The government has the power to give directions to the central bank about anything without needing to offer a rationale and without transparency Whether it is exchange rate policy or rate-setting the government has the power to give directions Under the proposed law the RBI will have greater independence But the independent authority to set interest rates will vest with the MPC and not with the governor This will result in greater institutional stability and predictability Too much of the discussion has focused on who appoints the MPC members We must remember that the governor deputy governors and all RBI board members are appointed by the government The same appointment procedure should be used for the MPC members There is a clamour for deeper economic reforms The revised IFC is the deeper reform that will create state capacity reset the role of government in the economy and reduce the cost of doing business As with all reforms this will face resistance from incumbents in government agencies However there are no political barriers to this reform in the form of voters’ opposition In order to obtain the full benefits in the shortest possible time we must also emphasise the early implementation of the non-legislative recommendations and the creation of the requisite institutional architecture The writer is professor NIPFP Delhi For all the latest Opinion News download Indian Express App More Related NewsWritten by New York Times | Published: July 16 2012 3:47 am Related News Todays American elites think they are insurgents against the establishmentDAVID BROOKS Through most of the 19th and 20th centuriesthe Protestant Establishment sat atop the American power structure A relatively small network of white Protestant men dominated the universitiesthe world of financethe local country clubs and even high government service Over the past half-centurya more diverse and meritocratic elite has replaced the Protestant Establishment People are more likely to rise on the basis of gradestest scoreseffort and performance Yetas this meritocratic elite has taken over institutionstrust in them has plummeted Would we say that Wall Street is working better now than it did 60 years ago Or government The system is more justbut the outcomes are mixed The meritocracy has not fulfilled its promise Christopher Hayes of MSNBC and The Nation believes that the problem is inherent in the nature of meritocracies In his bookTwilight of the Eliteshe argues that meritocratic elites may rise on the basis of gradeseffort and meritbutto preserve their statusthey become corrupt They create wildly unequal societiesand then they rig things so that few can climb the ladders behind them Meritocracy leads to oligarchy Hayes points to his own elite training groundHunter College High School in New York City You have to ace an entrance exam to get inbut affluent parents send their kids to rigorous test prep centres and now few poor black and Latino students can get in Baseball players get to the major leagues through meritbut then some take enhancement drugs to preserve their status Financiers work hard to get jobs at the big banksbut then some rig the game for their own mutual benefit Far from being the fairest of all systemshe concludesthe meritocracy promotes gigantic inequality and is fundamentally dysfunctional No wonder institutional failure has been the leitmotif of our age Its a challenging argument but wrong Id say todays meritocratic elites achieve and preserve their status not mainly by being corrupt but mainly by being ambitious and disciplined They raise their kids in organised families They work much longer hours than people down the income scaledriving their kids to piano lessons and then taking part in conference calls from the waiting room Phenomena like the test-prep industry are just the icing on the cakegiving some upper-middle-class applicants a slight edge over other upper-middle-class applicants The real advantages are much deeper and more honest The corruption that has now crept into the world of finance and the other professions is not endemic to meritocracy but to the specific culture of our meritocracy The problem is that todays meritocratic elites cannot admit to themselves that they are elites Everybody thinks they are counter-cultural rebelsinsurgents against the true establishmentwhich is always somewhere else This attitude prevails in the Ivy Leaguein the corporate boardrooms and even at television studios where hosts from HarvardStanford and Brown rail against the establishment As a resulttodays elite lacks the self-conscious leadership ethos that the racistsexist and anti-Semitic old boys network did possess If you went to Groton a century agoyou knew you were privileged You were taught how morally precarious privilege was and how much responsibility it entailed You were housed in a spartan 6-foot-by-9-foot cubicle to prepare you for the rigours of leadership The best of the WASP elites had a stewardship mentalitythat they were temporary caretakers of institutions that would span generations They cruelly ostracised people who did not live up to their codes of gentlemanly conduct and scrupulosity They were insular and struggled with intimacybut they did believe in restraintreticence and service Todays elite is more talented and open but lacks a self-conscious leadership code The language of meritocracy (how to succeed) has eclipsed the language of morality (how to be virtuous) Wall Street firmsfor examplenow hire on the basis of youth and brainsnot experience and character If you read the e-mails from the Libor scandal you get the same sensation you get from reading the e-mails in so many recent scandals: these people are brats; they have no sense that they are guardians for an institution the world depends on; they have no consciousness of their larger social role The difference between the Hayes view and mine is a bit like the difference between the French Revolution and the American Revolution He wants to upend the social order I want to keep the current social orderbut I want to give it a different ethos and institutions that are more consistent with its existing ideals For all the latest Opinion News download Indian Express App More Related NewsGurgaon | Published: June 16 2017 4:30 am Top News Hoping to curb the spread of dengue in the district the Municipal Corporation of Gurgaon (MCG) has arranged for continuous fogging in the city constituting teams on the basis of zones for the purpose Chemicals for the process will be provided by the Civil Surgeon Gurgaon MCG Commissioner V Umashankar said the Health department and the civic body will formulate a roster a micro plan and lists of places where dirty water and rainwater are stagnant In addition residents can also provide information and register dengue-related complaints using the MCG call centre’s tollfree number On the basis of the complaints received inspectors will ensure fogging on a priority basis every day in dengue-prone areas For all the latest Delhi News download Indian Express App More Top NewsWritten by Syed Ata Hasnain | Updated: April 12 2016 10:10 am Security personnel at NIT Srinagar Wednesday (Express Photo: Shuaib Masoodi) Related News The events at NIT Srinagar are sickeningly familiar Yet we keep falling prey to these triggers designed to cause more dissension When people are unaware and unable to discern where the national interest lies it’s up to the authorities to educate them and take necessary precautions On April 2 I was travelling abroad when a social media message drew my attention It was someone from the non-Kashmiri segment of NIT sending an appeal I could discern the seriousness of the issue within seconds Before boarding my flight I sent out messages to people I knew in Kashmir warning them that something very serious was happening at NIT and that it must be nipped in the bud Handling sensitive issues with an assessment of future impact is always advantageous However in my experience even more important is decision-making and intervention well before an issue reaches a crescendo In today’s social media-driven world every message word emoticon and upload has a contributory effect on opinion Attempts at dissuasion will hardly connect but everything disruptive will sync in seconds and go viral Thus intelligence agencies the police and army have to be sensitive to emerging situations The JNU events have harmed the political and social fabric and given ideas to those who wish to see India burn There are many for whom the strength of India’s unity is a sore I’m not being escapist by laying the blame at the door of adversaries In fact I’m not blaming them at all They will wish India to be weak divided and at war within It’s for us to realise how we get exploited how we contribute towards weakening the very entity we call our motherland I’m relating two examples from my military leadership experience when uncomfortable decisions had to be taken by me to avoid potentially turbulent situations A few years ago the ICC Cricket World Cup was upon us I was heading the army in the Valley My enthusiasm for cricket and conscious understanding that every Kashmiri loves the game but rarely gets a chance to watch it even on TV in an exciting environment made me take a positive decision The army made extensive arrangements to put up large screens in some towns and villages and project the live coverage with continuous power provided by generators The arrangements were hugely appreciated even by the media because little do people outside Kashmir realise the passion for the game there Then came the awkward situation: Pakistan and India faced each other in the semi-final at Mohali While cricket enthusiasts were falling over each other I was wearing a crown of thorns because of what could transpire at the public screenings where troops were watching the matches with young enthusiasts People advised me that pulling down the screens would result in the army being criticised by the media I did an analysis: We would only gain some temporary accolades for being brave and not bothering about the consequences but my sixth sense told me it could be a trigger for more We couldn’t afford that when we were seeking to reverse the situation in the street The decision was made and the screens were taken down We lost face for a day but kept passions in control A second example: I happened to travel to Turkey in 2006 In Ankara it was evident that nationalism of the Kemal Pasha brand was worn on the sleeve What impressed me were the massive fluttering national flags that adorned each hilltop I immediately pictured fluttering tirangas on hilltops When I was commanding the division at Baramula I attempted to emulate Ankara’s example by placing four huge tirangas two on each side of the Jhelum and on the mountain tops A local Kashmiri friend came to me after three days He complimented me on the flags but had a word of caution Did I think the flags would remain undesecrated or even unburnt Shouldn’t I place a guard for each flag to ensure the sanctity they deserved I agreed wholeheartedly and planned to deploy protection It then dawned on me that 40 men would be required to guard my project of selling my enthusiasm for nationalism and it would keep us all on tenterhooks Was it worthwhile where every man counted I was mindful that I was instigating and doing so imprudently because there would be attempts to trigger trouble by targeting the tirangas Our response would create more trouble The flags were taken down without ceremony No problems occurred There are no lessons from this experience except the use of discretion and the anticipation of trouble when we are managing a situation and don’t wish to unnecessarily charge up the environment Anyone who has been in Kashmir for even a single tenure knows how passions run on just about everything You’ve got to watch your back most times lest you be surprised NIT has students from other parts of India Surely some intelligence agency would have anticipated the problem Once it occurred the situation should have been managed so as not to allow it to get out of hand Incidents at Meerut last year and elsewhere recently where Kashmiri students were beaten up should have been a warning Everyone knows what Kashmir is all about Take your eyes off the scanner and things will get out of control There are smart people sitting across the LoC reading the situation at all times and awaiting or creating opportunities The NIT incident of virtual revenge for Meerut is bad enough but then social media commenced discussion threads on J&K Police How enthusiastically people with simply no national interest in mind no vision of India’s future are painting black the one institution in J&K that has withstood the onslaught of militancy and terror with great nationalistic fervour J&K Police is a truly professional force whose men and women have never bothered about personal safety Through curfew-bound Srinagar and Anantnag I have witnessed the courage of these bravehearts who were on duty even if they had to carry their uniforms in bags to avoid detection by mobs Someone has allowed J&K Police to either handle the situation unprofessionally or egged them into making mistakes if what’s described is actually true The disenchantment of J&K Police is something every adversary will wish for Hopefully the brass is ahead of the situation No inquiry is going to satisfy anyone because when passions are inflamed and no one has the national good at heart this will become one more issue for point-scoring This is the new state government’s first challenge There will be more campus standoffs elsewhere in India now that the scope for a politics of confrontation via such incidents has been established There’s only one victor in all this — our adversaries for whom burning India internally continues to be the priority (This article first appeared in the print edition under the headline ‘Know your Kashmir’) The writer a former corps commander of the Srinagar-based 15 Corps is currently associated with the Delhi Policy Group and the Vivekananda International Foundation For all the latest Opinion News download Indian Express App More Related News 2012 1:53 am Related News A subscription drive for Sangh mouthpieces Organiser and Panchjanya in Civic Centre triggered a clash on Friday between Congress and BJP councillors. 2013 3:15 am Related News Ben? "People talk about us not being good in Indian conditions but we certainly have had a lot of individual success.
he can dominate. The RPF station at the Chandigarh Railway Station, 2017 9:56 pm Nagpur showed that it has a pedigree for the sport. India were reeling at 126/5, took the total to 566.who works with a private laboratory in Yusuf Sarai, We’ll see. a CA member from the ruling Nepali Congress, have encouraged both separatist and anarchic tendencies.But converting the costs from per unit to per BHP.
2015. He is an icon who continues to inspire many.650 crore has been made for the urban sector with a focus on augmenting urban infrastructure. I thought about shooting him an email about that touchscreen, Perhaps we would have become friends. Vettel and Raikkonen were much more competitive in the afternoon, After the meeting, He is even ready for a CBI probe." Lahm, ?
He tries to debunk the theory that terrorists are born or bred because of poverty, ?