BSE Sensex and Nifty struggled today in early today amid mixed Asian markets and weak macro-economic data.
Economic data released after market hours yesterday showed industrial output slowed in June, though expanding for a third straight month. Retail inflation, tracked by the central bank to set interest rate policy, edged up to 7.96 per cent in July from 7.31 per cent a month earlier.
However a decline in global crude prices boosted oil & gas stocks, capping the losses for Sensex and Nifty. BPCL and ONGC rose between 1-2 per cent.
Among losers, BHEL fell over 4 per cent after its first-quarter net profit declined 58 per cent y-o-y to Rs. 194 crore and revenue declined 20 per cent.
Asian shares struggled on Wednesday after Wall Street snapped a two-day rally with the crisis in Ukraine sapping investor confidence as it threatens a fragile economic recovery in Europe.
MSCI’s broadest index of Asia-Pacific shares outside Japan was off 0.04 per cent while Japan’s Nikkei share average gave up 0.1 per cent.
Resource : http://profit.ndtv.com/news/market/article-sensex-637312?pfrom=home-bigstory
San Rafael, California: Oscar-winning actor and renowned comedian Robin Williams hanged himself in his California home and died by asphyxia, a coroner said on Tuesday based on preliminary findings.
Williams, 63, was found dead by his personal assistant at midday on Monday, suspended from a belt wedged between a door and a door frame in a seated position just of the ground, Marin County’s assistant chief deputy coroner, Keith Boyd, told a news conference.
“Mr. Williams’ personal assistant became concerned at approximately 11:45 am when he failed to respond to knocks on his bedroom door,” said Boyd.
“His right shoulder area was touching the door with his body perpendicular to the door and slightly suspended. Mr. Williams at that time was cool to the touch with rigor mortis present in his body,” Boyd added.
Officials also found a pocket knife near Williams and cuts with dried blood on his wrist that matched the knife blade.
Williams had been seeking treatment for depression, Boyd said. He would not discuss if had left a suicide note.
Funeral arrangements would be decided by the family, Boyd said. His body has been released by the coroner facility in neighboring Napa County.
Boyd would not say if any drugs or alcohol were involved and that the full toxicology report would take several more weeks, stressing that the investigation was continuing.
Comedians, politicians and several generations of fans collectively mourned the death of Williams, famous for his frenetic and freewheeling comedy.
The news of Williams’ death rippled across social media, stunning fans young and old and comedians who had been influenced by Williams since he broke out in the 1970s TV comedy “Mork & Mindy” as a strange and lovable creature from outer space.
Williams had been open about his struggles with alcohol and cocaine and in the past months had entered a rehabilitation center to help him maintain sobriety.
But many questions remained over his final months and what could have led to his apparent suicide.
On the Hollywood Walk of Fame, dozens of fans congregated around Williams’ star early on Tuesday, leaving flowers and candles to honor the versatile actor.
Williams’ appeal stretched across generations and genres, from family fare as the voice of Disney’s blue Genie in “Aladdin” to his portrayal of a fatherly therapist in the 1997 drama “Good Will Hunting,” for which he earned his sole Oscar.
The death of Williams shook Hollywood and colleagues mourned the loss of what many called a big-hearted man and one of the most inventive comedians of his time.
Sarah Michelle Gellar, who played his daughter in the recent CBS television comedy, “The Crazy Ones,” said her life was better for knowing Williams. Their show was canceled in May after one season.
“To my children he was Uncle Robin, to everyone he worked with, he was the best boss anyone had ever known, and to me he was not just an inspiration but he was the father I had always dreamed of having,” Gellar said in a statement.
Resource : http://www.ndtv.com/article/world/robin-williams-hanged-himself-with-belt-says-coroner-575045?pfrom=home-lateststories
Los Angeles, California: Legendary actress Lauren Bacall, an icon of Hollywood’s golden age who lit up the silver screen in a series of classic movies opposite her husband Humphrey Bogart, died Tuesday aged 89, her family said.
“With deep sorrow, yet with great gratitude for her amazing life, we confirm the passing of Lauren Bacall,” the Bogart estate confirmed in a brief statement on Twitter.
US media reports said Bacall had died after suffering a massive stroke at her home in New York on Tuesday morning.
Born Betty Joan Perske – “a nice Jewish girl from the Bronx,” as she later put it – Bacall electrified Hollywood in her 1944 screen debut “To Have and Have Not”, when she famously met Bogart and “taught him how to whistle.”
With her smoldering gaze and deep, husky voice, she soon became a scorching-hot property both in Hollywood and on Broadway.
Bacall spent much of the rest of her life coming to terms with her early superstardom, which grew into a seven-decade screen and stage career.
Beginning in the Golden Age of Hollywood, it would include wartime dramas and film noir with Bogart, action movies with John Wayne, a romance picture with Gregory Peck and a comedy with Marilyn Monroe.
She cemented her sultry bombshell status in “To Have and Have Not,” when she cooed to Harry ‘Steve’ Morgan, played by a smitten Bogart: “You know how to whistle, don’t you Steve? You just put your lips together and blow.”
The line gave her instant silver-screen immortality, and the American Film Institute pronounced it the 34th greatest movie quote of all time.
When Bogart died from throat cancer in 1957, Bacall placed a whistle in his coffin.
Resource : http://www.ndtv.com/article/world/hollywood-icon-lauren-bacall-dead-at-89-family-575092?pfrom=home-topstories
Jammu: Pakistan Rangers on Wednesday opened fire at Indian positions on the international border in Jammu district, a day after Indian Prime Minister Narendra Modi accused Pakistan of waging a proxy war against India.
“Pakistan Rangers violated ceasefire in Arnia area in RS Pura late yesterday (Tuesday) night and today (Wednesday) morning,” a police officer told a news agency here.
According to the officer, the Pakistan Rangers targeted three Border Security Force (BSF) posts – Pital Post, Kaku-de-Kothae and Tent Post.
“Pakistan firing started at 11.55 pm yesterday (Tuesday) night and stopped at 1 am today (Wednesday),” the officer said.
The Pakistan Rangers again resorted to firing at 3 am local time Wednesday. The firing is still on.
The officer said the BSF has effectively retaliated the firing.
Army and intelligence agencies maintain firing by Pakistan is intended to facilitate infiltration of armed guerrillas into the Indian side of the border.
While the Army guards the Line of Control (LoC), paramilitary troopers guard the international borders on both sides.
Resource : http://zeenews.india.com/news/jammu-and-kashmir/pakistan-rangers-violates-ceasefire-in-jammu-firing-still-on_954225.html
Kabul: At least eight militants were killed and 11 others injured in a military operation in eastern Afghanistan, authorities said Tuesday.
“Afghan security forces conducted a night operation and battled the militants in Chak district in eastern Afghan province of Wardak killing eight militants, including five Pakistani militants,” Xinhua quoted a provincial government statement as saying.
The foreign militants came from the Maidan Shar province, 35 km west of Kabul, the statement said.
Three Afghan Taliban local leaders named Mullah Hahad, Mullah Hamdullah and Mullah Muhib were among the dead, the statement added.
Afghanistan’s security forces took the full operational lead from foreign troops in mid-last year.
Nearly 50,000 NATO-led coalition troops, down from the peak of 130,000 in 2010, are stationed in Afghanistan, and the US plans to trim its forces to less than 10,000 next year.
Resource : http://zeenews.india.com/news/world/eight-killed-in-security-clash-in-afghanistan_954227.html
Brussels: Ukraine’s parliament backed the first reading of a bill to impose sanctions on Russian companies and individuals on Tuesday, a move that has raised concern in Europe about energy supplies from Russia.
Ukrainian Prime Minister Arseny Yatseniuk said last week that the sanctions could be imposed against 172 citizens of Russia and other countries and against 65 Russian companies, including gas export giant Gazprom, “for financing terrorism”.
Ukraine said on Monday that European energy companies would have to agree major contract revisions when purchasing Russian natural gas if parliament approved imposing sanctions on Gazprom. Parliament has scheduled a second reading of the bill for Thursday.
Russia is Europe’s biggest gas supplier, meeting almost a third of the region’s demand, around half of which flows to European clients via Ukraine. European utility companies are worried that Ukrainian sanctions could disrupt supplies during the coming winter.
Ukraine’s gas grid, Naftogaz, said on Monday that the sanctions could limit or even exclude some companies from piping gas through the country but did not refer directly to Gazprom. It said this would allow other firms to take over transit operations in Ukraine.
“The main idea is (that) transit could continue with no problems if this gas is bought at our eastern border (with Russia) by, let’s say, European companies,” a Naftogaz spokeswoman told Reuters.
Current supply contracts with European utilities are for delivery of Russian gas into the EU via Ukraine, with Naftogaz receiving a transit fee.
The European Union said gas contracts may need to be renegotiated.
“We have raised the issue of the draft law again this morning in a phone call with our Ukraine partners,” European Commission Vice-President Guenther Oettinger said. “We are confident that Ukraine remains a reliable transit partner.”
“Naftogaz’s idea that European gas companies could buy Russian gas at the Russian-Ukrainian border instead of getting it delivered through Ukraine requires a renegotiation of the transit contracts,” Oettinger said.
“This cannot be done in the short term – it is a question that would need to be discussed in a trilateral meeting between the European Commission, the Russian Federation and Ukraine,” Oettinger said, adding that the Commission was planning such a meeting for early autumn.
Russian gas flows to Ukraine have been halted three times over the past decade, affecting supplies to the European Union, by contract and pricing disputes between Moscow and Kiev.
Russia halted gas supplies destined for Ukrainian customers in June because of a row over pricing, but Russian gas transit through Ukraine to Europe has been unaffected so far.
Resource : http://zeenews.india.com/news/world/ukraine-closer-to-passing-law-for-sanctions-against-russia_954214.html
Kolkata: Politicians Sunday criticised a woman police officer for dancing in uniform alongside Bollywood superstar Shah Rukh Khan at an event here.
They pointed fingers at West Bengal Chief Minister Mamata Banerjee who was also present.
Sub-inspector Sampa Haldar was seen dancing to a popular number from the Khan-starrer “Jab Tak Hai Jaan” as a host of top police officers and Banerjee watched from the gallery at “Jai Ho”, the Kolkata Police’s annual cultural programme at the Netaji Indoor Stadium here Saturday.
Former city police Commissioner Nirupam Som said the officer has belittled the sanctity of the police uniform.
“During my tenure, I would not have allowed any officer to dance like that and belittle the sanctity of the uniform. I would have no problems had she danced in civil clothes. I wonder how the superiors allowed that,” Som said Sunday.
Former IPS officer Samir Gangopadhyay too said the police regulations did not allow any personnel to dance in uniform.
“Going by what we saw yesterday (Saturday), I am afraid that we might see our officers dancing like Chulbul Pandey,” said Gangopadhyay, referring to a Salman Khan-starrer movie where the star portrays a police inspector.
State Congress president Adhir Ranjan Chowdhury accused Banerjee of defying the constitution by allowing the officer to dance in uniform.
“The constitution doesn’t allow any person to dance like that in uniform. It’s a shame that the sanctity of police uniform was allowed to be violated. By allowing the officer to dance like that, she (Banerjee) violated the constitution of India,” said Chowdhury.
With a bevy of actors and actresses being a regular feature of government and Trinamool Congress-organised programmes, BJP state president Rahul Sinha said Banerjee’s entry into politics was a mistake.
“Going by her eagerness to involve film stars in each and every programme, it seems our chief minister has wrongly entered politics. The sooner she realises that and quits politics, the better it will be for the people of Bengal,” said Sinha.
Resource : http://ibnlive.in.com/news/shah-rukh-khans-dance-with-kolkata-police-officer-draws-criticism-opposition-targets-mamata-banerjee-for-inviting-film-stars-to-programmes/491415-8-66.html
After much tantalising and teasing, the replacement for Hyundai India’s popular premium hatchback will hit showrooms today with an all-new design. Said design is based on the ‘storm-edge’ philosophy that was first employed in India in the new Santa Fe.
From the recent spy shots that hit the web, we can glean that the new i20 will shed its conservative styling for a more aggressive one.
We also expect to see a host of mechanical changes in the car, including a new steering and suspension setup. The 2015 i20 will also make additions to its already long list of creature comforts.
We have heard that the safety features have been improved too, but how much of it trickles down to the India-spec 2015 Hyundai Elite i20, remains to be seen. You can read our take on what we can expect from the Elite i20 in India.
Resource : http://ibnlive.in.com/news/hyundai-elite-i20-to-be-launched-in-india-today/491425-25-166.html
“A retired master car thief must come back to the industry and steal 50 cars with his crew in one night to save his brother’s life.” The plot for India to salvage lost pride in England is not as serious as the 2000 flick ‘Gone in 60 seconds’, but the storyline is not dissimilar. “The former No. 1 Test team must come back, score and take 20 wickets in five days to save the Test series.”
If there were crimes in Test cricket, losing nine wickets in a session will be one of those. As a result, India are virtually behind the bars after losing the fourth Test in England – with no solution in sight to break free.
But there’s got to be someone, something to get India out of jail or at least a proper jailbreak plan to return home with a 2-2 score.
Think of Pujara as an opener
Cheteshwar Pujara may be struggling but is still the most technically correct batsman available to India. And he can’t do worse than what Shikhar Dhawan and Gautam Gambhir have done at the top.
Rahane at No. 3
Ajinkya Rahane, along with Murali Vijay, has looked the best in front of the wickets. Then why not ask your in-form batsmen to counter James Anderson and Stuart Broad than offer easy prey to English wolves on the prowl.
Respect Moeen, but only respect
19 wickets for a part-time offspinner selected primarily to bat in the middle order is nothing short of a slap on India’s face. It’s like England saying: “We don’t need a Graeme Swann to handle you, Moeen Ali is more than enough.”
Sourav Ganguly and Farokh Engineer have lambasted Indian batsmen in their ‘respectful’ treatment to Ali. And giving respect doesn’t mean you allow a part-timer to become the second-highest wicket-taker of the series. Play him out but don’t play and get out to him.
The Indians have been too defensive while handling Ali, which allowed him to set aggressive fields, create chances and eventually take control. Considered best players of spin, the Indian batting line-up needs to clear its mental blocks and punish Ail when he needs to be punished.
Many believe the series changed course when Ravindra Jadeja dropped Alastair Cook in the slips at Southampton. Then on 15, Cook went on to make 95, getting runs as well as confidence to lead the team.
Since then, many chances have been grassed and eyebrows raised over India’s slip cordon. But when your captain says “this is the best we have got”, then there’s nothing left to be said; just get your head up and catch it.
End Pankaj experiment, shop from the bench
Naman Ojha and Ishwar Pandey are the two untested players left on the bench. Seeing back-up ‘keeper Ojha playing as a batsman is both far-fetched and unreasonable. But getting Pandey into the eleven is worth pondering, especially when Pankaj Singh toiled for more than 69 overs to get his first Test wicket.
Pray for Ishant’s fitness
The missing link since India’s historic Lord’s win and two back-to-back defeats thereafter has been Ishant Sharma. His seven wickets hastened the climax at the Home of Cricket. But his absence since then due to an ankle injury is hastening the fate of this series in England’s favour – so much so that India have bowled out England only once in two Tests without Ishant. His return can make a world of difference, and India should pray for it.
Resource : http://ibnlive.in.com/news/cricketnext/how-india-can-right-their-wrongs-to-save-england-series/491420-78.html