Month: August 2022

2022 MG Gloster launched in India at starting price of Rs 32 lakh, check details

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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British carmaker Morris Garages today launched a new addition to its premium SUV in the country. MG Motor India has unveiled and launched the updated 2022 MG Gloster, which is the country’s first premium SUV with Level 1 Autonomous Driving. The updated SUV has been priced at Rs 31.99 lakh (ex-showroom). The premium SUV will come in 2WD and 4WD options with 6 and 7-seater variants. The vehicle can be bought in three different trims – Super, Sharp and Savvy. The updated Gloster will be available in four colours including one new – Deep Golden (new), Metal Black, Metal Ash and Warm White.

“The Gloster is known for being bold, sturdy, versatile, and luxurious, and we are grateful for our customers’ response to it. With its 2WD and 4WD trims, powerful engine options, next-gen technology, Autonomous Level 1 and MY MG Shield Package, the ‘Advanced Gloster’ is designed to delight and excite our new-age customer,” said Rajeev Chaba, President and Managing Director, MG Motor India.

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Some of the features in the vehicle like Door Open Warning (DOW), Rear Cross Traffic Alert (RCTA) and Lane Change Assist (LCA) are a first for the segment. Other features include British Windmill Turbine-themed alloy wheels for the 4WD variant, a 31.2 cm touchscreen infotainment system with Android Auto and Apple CarPlay support, new i-SMART features and the i-SMART app being released to the Android ecosystem. The i-SMART app will now allow drivers to use over 35+ Hinglish voice commands, in addition to the 100 commands that the MG Gloster already used to come with the car.

No upgrades and changes have been made to the powertrain and chassis of the SUV and it will still be using the 2.0-litre turbo and twin-turbo engines. The Gloster will be taking on the Toyota Fortuner and recently launched Jeep Meridian and Hyundai Tucson.

ALSO READ:  Maruti Suzuki new Alto K10 launched today: Check expected price, features and specifications

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Telangana and UP reports most cybercrimes, cases rise by 5% in 2021, says NCRB data

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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India reported 52,974 cases of cybercrime in 2021, an increase of over 5 percent from 2020 (50,035 cases) and over 15 percent from 2019 (44,735 cases), according to latest government data.

Over 70 percent of the cybercrime cases were reported from Telangana, Uttar Pradesh, Karnataka, Maharashtra and Assam, the National Crime Records Bureau’s (NCRB) ‘Crime In India 2021’ report showed.

The average rate of cybercrime incidents (per one lakh population) was recorded at 3.9 in the country in 2021, stated the NCRB, which functions under the Ministry of Home Affairs.

The charge-sheeting rate in cybercrime cases in 2021 was recorded at 33.8, the report showed, suggesting that the police probe was completed only in one-third of the cases registered across the country.

Fraud was the motive in 60.8 percent (32,230) of the cybercrime cases, followed by sexual exploitation in 8.6 percent (4,555) cases and extortion in 5.4 percent (2,883) cases, according to the report.

Also Read: India witness 82 murders and 11 kidnappings every day in 2021, says NCRB data

Among states and union territories, the highest number of cybercrime cases was reported from Telangana (10,303), followed by Uttar Pradesh (8,823), Karnataka (8,136), Maharashtra (5,562) and Assam (4,846), while Delhi lodged 356 such offences.

The rate of cybercrime was the highest in Telangana (27) followed by Assam (13.8), Karnataka (12.1), Uttarakhand (6.3) and Maharashtra (4.5). Delhi’s rate for such offences was 1.7, according to the NCRB.

Of the cyber offences reported across the country, 4,071 were incidents of identity theft, 11,422 of cheating by impersonation, and over 9,000 cases of publishing or transmitting obscene, sexual content.

Also Read: V K Saxena to take legal action against AAP leaders for alleging corruption charges

There were also 55 cases related to tampering with computer source documents and 648 of ransomware, the report showed. Another 1,176 cases were registered under the category of ‘cyber stalking or bullying of children and women’, 170 under ‘data theft’, and 1,624 ‘fraud debit/credit card’, among others, it stated.

A total of 15 cases of ‘cyber terrorism’ were lodged across the country in 2021, with three each in Jharkhand, Rajasthan, and one each in Karnataka, Kerala, Meghalaya, Punjab, Telangana, Uttarakhand, the NRCB stated.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Coriander prices skyrocket but relief may come soon

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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“Aajkal free main paani nahi milta, aur aapko ye Rs 160/200 per kilo ka dhaniya chaiye (people don’t even give water for free, and you want Rs 160/200 per kg green coriander)?”, quipped Shankar Chowdhury, a local vegetable vendor, in Noida’s Sector 34 in Uttar Pradesh.

The price of the most used herb in Indian kitchens has skyrocketed this summer. Chowdhury, who sources his vegetables from the Azadpur Sabzi Mandi in Delhi, said that in September, the wholesale price at the mandi ranged from Rs 100-120 per kg.

According to data by Commodity online and Commodity insights (websites to check mandi price), coriander leaves are currently selling at an average price of Rs 8,000 per quintal (Rs 80 per kg) at the Azadpur Mandi.

The prices have been skyrocketing since March due to the uneven monsoon (heavy monsoon in Rajasthan, the country’s largest coriander producer) and low production.

Last year in July, the spot prices for coriander in Kota (the biggest market for coriander in India) stood at Rs 6,000 per quintal, while this year, the prices touched Rs 10,000 per quintal, according to data by Agriwatch.

This year at Kota Mandi, total coriander supply from March 1 to August 19 was reported at 6,724 MT compared to 7,500 MT during the same period last year, down by 10.35 percent in the wake of lower production, as per a report by Agriwatch. (1MT =10 quintal)

According to official data by the Spices Board of India, the area per hectare for sowing coriander for 2021-2022 is estimated to be 6,31,698 hectares while the production is estimated to be at 8,00,742 tonnes. The production this year is estimated to go down by 10.3 percent.

‘Embarrassed to ask for free dhaniya’

For many Indians, especially those from the north, vegetable shopping ends with vendors pushing a handful of free and fresh coriander bunches and chillies in bags as a ‘bonus’. But this summer, this was rare.

“The herb is so costly these days, I have stopped asking for free dhaniya. If you do, you will have to get into a debate with the vendor, and it gets embarrassing,” said 34-year-old Pushpa Chouhan, a Noida resident.

Many vendors pointed out that since May, they stopped giving coriander leaves as the buying rate from mandi increased.

“In February-March, I used to give a bundle for free when people bought vegetables in bulk, as it was at Rs 20-30 per kilo. Now, if they ask, I just give 2 or 3 strands as it feels weird to say no to the customer,” said Santosh Kumar Jaiswal, another vendor in Noida.

According to Shivraj Singh Dhakkad, a wholesale trader from Guna, Madhya Pradesh, the mandi has not received much supply from farmers and the markets in Rajasthan, resulting in the price going up.

How much are the farmers getting?

“I am getting Rs 60-80 per kg from the mandi. The maximum this summer was Rs 100,” said Richa Singh, owner of Bheemraj Farms, Jaipur.

Singh said the difference in what the farmer gets, what mandi sells, and what the retail price stands at comes because of losses incurred by mandi sellers and retail owners as coriander is a perishable crop and needs to be sold within a maximum of a week on buying.

Coriander is grown as a Rabi season crop in the north and central parts of India, with sowing being done between the middle of October and the middle of November. It takes approximately 100 days for maturity, though harvesting for green leaves starts earlier. So, usually, during summer, crop production goes low.

“This year due to late monsoon and also heavy monsoon in Rajasthan not only damaged the crop but also caused problems with transportation which was also aided by a hike in petrol and diesel prices causing the spike in prices,” said Jain.

Can consumers expect prices to go down?

According to experts, the prices will come down soon with the monsoon going away. “We have already seen them going down in different parts. It has started to swing between Rs 60 and Rs 100 per kg in Rajasthan. So, with monsoon going away, prices will go down,” added Jain.

As coriander is also used for producing and retailing dry coriander seeds and powder, we have seen the prices in total surge due to monsoon, shortage of the commodity, and international demand. “Still, it will start correcting from the highs now,” said agri commodities expert Manoj Kumar Jain.

Jain said prices are expected to go down as there is a possibility that sowing will increase.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Russia temporarily stops gas flow to Europe through Nord Stream 1

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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In an advance announcement, Russia’s Gazprom temporarily suspended the supply of natural gas through a significant pipeline from Russia to Europe early on Wednesday.

The Russian state-controlled energy giant said earlier this month that it would cut the flow of gas through the Nord Stream 1 pipeline until Saturday for what it says is a three-day pause for routine maintenance at a compressor station.

According to Gazprom, the only remaining turbine, which is located at the Portovaya compressor station, needs maintenance. The head of Germany’s Federal Network Agency, Klaus Mueller, has said that the maintenance work is technically incomprehensible and he considers it a way of punishing Germany for siding with Ukraine since the Russian invasion.

ALSO READ: India needs to overcome the job challenge to become a higher-income country

Gazprom has repeatedly reduced the flow of gas through Nord Stream 1 claiming technical issues such as equipment repairs. Germany calls these cuts a political move to sow uncertainty and push up prices amid the war in Ukraine.

Russia has also reduced the flow of gas to other European countries which have sided with Ukraine in the war.

Russia recently has accounted for about a third of Germany’s gas supplies. The government said last week that the drop in gas flows confirmed that Germany can’t rely on Russian deliveries, announcing that it would step up its gas storage requirements and take further measures to conserve supplies.

ALSO READ: Global Eye | Experts discuss six months of Russia-Ukraine war  US mid-term elections

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Auto sector in cruise control ahead of festive season, suggests report

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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The Festive season is going to continue the growth momentum for the auto sector in India, as per a report by brokerage firm Sharekhan. The report states that positive sentiments and exciting new launches will keep growth momentum in the two-wheeler and personal vehicle (two- and four-wheelers) segments.

“Rural demand is expected to be driven by normal monsoon and government subsidies. We expect two-wheeler volumes to recover, especially in the entry and executive motorcycle segment, which has been sluggish lately and has started showing improvement in the previous months,” said Sharekhan.

The report further added that new launches in the personal vehicle and two-wheeler segments are likely to spark consumer excitement in the medium term.

“We expect robust recovery in CV sales, led by increasing economic activity and improving sentiments of fleet owners at a lower cost of ownership under BS-VI vehicles and a low base. Buses and 3Ws are also expected to see recovery,” added the brokerage firm.

ALSO READ: Kotak Equities cautious on auto stocks despite a tailwind for the sector

Medium and Heavy Commercial Vehicles (M&HCVs) sales will remain at healthy levels, driven by improving economic and infrastructure activities. Light commercial vehicles (LCVs) are expected to do well because of the surge in e-commerce and better last-mile connectivity. Buses and three-wheelers (3W) are also expected to see recovery, driven by reopening of schools and offices and easing of mobility restrictions.

Talking about commercial vehicles, Umesh Revankar, VC and MD of Shriram Transport Finance Company said, “Demand from M&HCV is predominantly coming from the infrastructure development because wherever the application is for the infrastructure the demand is very high.”

How are companies expected to perform?

The brokerage firm noted that in the two-wheeler segment, Hero MotoCorp is expected to report sales of 4.8 lakh units in August 2022, an increase of 5.8 percent from the corresponding period a year ago, aided by recovery in rural markets.

While TVS Motors is expected to report wholesale movement of 3.3 lakh units, seeing a growth of 12.4 percent, Bajaj Auto’s monthly sales are expected to be around 3.6 lakh units, down by 2.5 percent from August 2021.

The brokerage firm expects Royal Enfield (RE) to sell 67,000 units in the month.

In the three-wheeler segment, Bajaj Auto and TVS Motor are expected to see strong recovery in August 2022.

Maruti Suzuki’s monthly sales are expected at 1.6 lakh units up by 24.1 percent from the corresponding period a year ago while Tata Motors is expected to deliver 48,000 units, showing a growth of 71.3 percent from August 2021 in the personal vehicle segment.

M&M and Escorts tractor sales are expected to report muted growth on a sequential basis due to seasonality and a high base. While in the commercial vehicle segment Tata Motors, Ashok Leyland, are expected to show a growth in sales in August 2022, by 14.7 percent and 48 percent respectively, and Eicher Motors sales are expected to decline by 14.5 percent from the corresponding period a year ago.

The S&P BSE Auto index traded green in the last trading session surging 762.04 points or 2.5 percent at 30,334.18. TVS Motors closed up at 2.98 percent, Bajaj Auto closed at 1.3 percent up and Hero Moto Corp closed 0.5 percent in the green on the BSE on Tuesday.

In the trading session on Tuesday, Maruti Suzuki closed at Rs 9,051, up 2.45 percentl Tata Motors climbed over 3.8 percent and closed at Rs 471; M&M, Escorts Kubota and Eicher Motors closed at over 2 percent  in the green on the BSE. While Ashok Leyland settled at Rs 154, climbing 3.98 percent.

ALSO READ: Mahindra launches new cargo electric three-wheeler Zor Grand, check features and price

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Inox Leisure to add 834 screens after FY23

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Multiplex operator Inox Leisure is confident in pursuing an expansion strategy and has a pipeline of 834 additional screens after FY23, according to the latest annual report of the company. The company, which was operating 692 screens in 73 cities across India as on June 30, 2022, estimates the total screen count to go up to 752 by the end of the ongoing fiscal year.

“We are confident about pursuing our expansion strategy and with diligent efforts, we continuously work to expand the number of screens around the nation and strengthen our balance sheet,” said Inox Leisure. Even in FY22, when the exhibition industry was impacted due to COVID-induced restrictions, “the company witnessed the highest screen addition, accounting for 32 in the industry (eight multiplex cinema theatres).” “We are prepared to welcome the movie-viewing audience back to our theatres and provide great services since we have a strong pipeline of future films,” it said.

Also Read: PVR-Inox merger: Will your popcorn or ticket price get expensive? Here is what experts think

As of June 30, 2022, Inox has 163 properties with 692 screens and a total seating capacity of 1.55 lakh. In FY22, its revenue from operations was at Rs 677.87 crore as compared to Rs 98.74 crore a year ago when the operation was heavily impacted due to the pandemic.

On the revenue front, Inox is also working on the use of alternate content for cinema audiences. “Whether it is a live screening of sporting events or screening of sponsored films or hosting live comedy events, INOX has innovated hugely in the space of alternate content to offer unique experiences,” it said adding the introduction of Esports into cinemas is an opportunity to offer alternate content experience.

Inox Leisure also has tied up with ICC to screen live matches at selected INOX cinemas. It has launched the sale of official merchandise of the superheroes and sportspersons, as an alternate revenue source.

Also Read: Reliance buys brands from Campa maker Pure Drinks Group

“We will bring characters from Disney, Marvel, Lucas Films, Warner Bros, DC Comics and Universal closer to the audience,” it said. In March, the company announced a merger with rival PVR and its board approved a draft scheme of amalgamation, which is subject to the receipt of regulatory approvals including from NCLT, SEBI and others.

According to the company, it has received an observation letter with no adverse observations from BSE and an observation letter with no objection” from NSE in relation to the scheme of amalgamation. “The company has filed a necessary application with NCLT, Mumbai,” it said.

Also Read: Swiggy Instamart saw 16x growth in order between June ’21-22, metro cities key demand drivers

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

India witness 82 murders and 11 kidnappings every day in 2021, says NCRB data

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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An average of 82 people were murdered daily across India in 2021, while more than 11 kidnappings were reported every single hour during the year, according to latest National Crime Records Bureau (NCRB) report.

The rate of murder per one lakh population was highest in Jharkhand, while that of kidnapping and abduction in Delhi, NCRB’s ‘Crime in India 2021’ report showed.

A total of 29,272 cases of murder involving 30,132 victims were registered during 2021, showing a marginal increase of 0.3 percent over 2020 (29,193 cases), showed the NCRB, which functions under the Ministry of Home Affairs.

Also Read: V K Saxena to take legal action against AAP leaders for alleging corruption charges

While 1,01,707 cases of kidnapping and abduction involving 1,04,149 victims were registered during 2021, showing an increase of 19.9 per cent over 2020 (84,805 cases), nearly a lakh were “recovered” too, during the year, the data showed.

Among the top five states reporting murders were Uttar Pradesh (3,717 cases, 3,825 people), Bihar (2,799 cases, 2,826 people), Maharashtra (2,330 cases,381 people), Madhya Pradesh (2,034 cases, 2075 people) and West Bengal (1,884 cases, 1,919 people), it showed. Delhi recorded 459 cases in which 478 people were murdered, according to the NCRB figures.

‘Disputes’ (9,765 cases) was the motive in highest number of murder cases during 2021 followed by ‘personal vendetta or enmity’ (3,782 cases) and ‘gain’ (1,692 cases), according to the annual report. However, the rate of murder (per lakh population) was highest in Jharkhand at 4.1 (1,573 cases,606 people) followed by Andaman and Nicobar Islands at 4 (16 cases, 18 people), the data showed.

Delhi had a crime rate of 2.2 for murder. In terms of kidnapping and abduction, India logged 1,707 cases in 2021 which was a rise of 19.9 percent from 2020.

Of those kidnapped or abducted, 17,605 were male, 86,543 female and one transgender. Of all the victims, 69,014 (10,956 male and 58,058 female) were children and 35,135 (6,649 male, 28,485 female and one transgender) were adult, the report stated.

Also Read: Arvind Kejriwal launches virtual school for students across India

Also, during 2021, a total of 99,680 kidnapped or abducted people (17,477 male, 82,202 female and one transgender) were recovered, out of which 98,860 people were “recovered alive” and 820 people found dead, it added.

Among the top five states reporting kidnapping and abduction were Uttar Pradesh (14,554 cases, 14,714 people), Bihar (10,198 cases, Maharashtra (10,502 cases, 10,680 people), it showed.

According to the NCRB, Delhi reported 5,527 cases involving 5,888 victims of kidnapping and abduction, at a rate of 26.7 the highest among states and Union Territories in India.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Irfan Pathan stuns fans with acting debut in Tamil thriller ‘Cobra’ co-starring Chiyan Vikram

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Former Indian pacer Irfan Pathan made his debut in cinema with the Tamil film Cobra. The film was released in theatres today, August 31, and has received an overwhelming response with fans going gaga over Pathan’s act as an Interpol agent.

In the film, Pathan is sharing the screen with Tamil stars Chiyaan Vikram and Srinidhi Shetty of KGF fame. The Tamil action drama is getting a good response at the theatres on its opening day.

Many fans praised Irfan Pathan’s performance in the debut movie. One fan wrote, “IrfanPathan’s debut, his dubbing sync & natural performance on screen was too good.”

#Cobra +ve’s

• @chiyaan’s hard-work & acting skills 👌🏻

• Interval twist 🐍

• Interrogation scene (2nd Half)🔥

• Meenakshi’s character 👩🏻‍💼

• @IrfanPathan’s debut (His dubbing sync & natural performance on screen was too good)

• Background characters in Hallucinations 😂 pic.twitter.com/jM2PGsTUkL

— KARTHIK DP (@dp_karthik) August 31, 2022

Though another user called Cobra an average film, but he liked Irfan Pathan’s acting. “#cobra 1st half average, interval verithanam, 2nd half below average. Love portion semma lag, Irfan Pathan acting good. Totally Average film, watched only for Chiyaan,” the tweet read.

#cobra 1st half average,interval verithanam🥵🔥 2nd half below average 🥱😵🚶‍♀️🚶‍♀️
Love portion semma lag👎 , irfan pathan acting good❤,
Totally Average flim 🙌
Watched Only for chiyaan❤#cobrareview #CobraFromAugust31

— Ganesh (@Ganesh57148467) August 31, 2022

Some fans found it hard to believe that it was the former cricketer’s debut movie due to his convincing portrayal of the character. “Special appreciation for IrfanPathan sir. It would never look like a debut role. He pulled it off perfectly. Kudos sir,” wrote a user.

Special appreciation for @IrfanPathan sir. It would never look like a debut role. He pulled it off perfectly. Kudos sir 👏#cobra #CobraFDFS #ChiyaanVikram

— Praveenbabu (@bpraveenbabu96) August 31, 2022

Many others also appreciated Irfan Pathan’s acting in the movie. Here are a few more comments praising the former pacer.

@IrfanPathan 👏 Three Beauties @SrinidhiShetty7 @mirnaliniravi And @MeenakshiGovin2 Superb Performance 👌❤️

Totally A Superb And Stunning Visuals With Engaging Screenplay 💯👌🔥#COBRA – BLOCKBUSTER 🔥#Cobra 🐍🔥💥 #CobraFromToday

(2/2) pic.twitter.com/PkTsrPz1gQ

— Vijay Trends (@VijayTrends47) August 31, 2022

First Review #Cobra !

A Unique Concept with Terrific Direction, Climax & Production Designing! #Vikram gave Award Worthy Performance ! He Stole the Show all the way. @IrfanPathan Good to see you ✌️ ! An engaging film with twists & turns ! Multiplex Fans will love it ! ⭐️⭐️⭐️1/2

— Umair Sandhu (@UmairSandu) August 29, 2022

#CobraReview #Review #Cobra#CobraFDFS
Positive
Chiyan vikram
AR Rahman
Irfan pathan
Interval block
Police custody scene
Negative
Story
Screen play
Villain
Length#Cobra – One time watchable pic.twitter.com/7KXvI5Zr66

— Vijay pandi (@Vijay_pandi10) August 31, 2022

Earlier, when the trailer of the film was released, several cricketing stars like Suresh Raina and Robin Uthappa heaped praise on Irfan for his look in the movie and wished him all the best.

So happy for you brother @IrfanPathan to watch you perform in #Cobra. This looks like a complete action packed film, wishing you & entire cast huge success on this. Can’t wait to watch this one 🤗 🙌 pic.twitter.com/UZiaiJMsYq

— Suresh Raina🇮🇳 (@ImRaina) August 26, 2022

Watch out for this dasher!! Congratulations my brother on yet another avatar in your journey. I’m so happy for you and I can’t wait to watch #cobra and whistle when you come onscreen. Wishing you all the love and success!! Love you brother!! ❤️❤️🤗🤗🙌🏾🙌🏾 pic.twitter.com/CGMT2KKBo9

— Robin Aiyuda Uthappa (@robbieuthappa) August 26, 2022

Chiyaan Vikram also joined the fans for the screening of Cobra in a theatre in Chennai, as fans welcomed their beloved actor with excitement and joy.

Fans of #ChiyaanVikram welcome @chiyaan & #DhruvVikram to theatres for the first time in three years with #Cobra ❤️‍🔥#CobraFromToday @AjayGnanamuthu @arrahman @7screenstudio @RedGiantMovies_ @Udhaystalin @IrfanPathan @SrinidhiShetty7 @proyuvraaj pic.twitter.com/EuZswCozZW

— Hashtagatte (@Hashtagatte) August 31, 2022

Cobra is directed by Ajay Gnanamuthu and produced by S.S. Lalit Kumar under the 7 Screen Studio banner. The music of the movie has been composed by A.R. Rahman. The story of the action drama revolves around the main character played by Vikram named Madhiazhagan Cobra, a math professor, who executes flawless assassinations of the most powerful global leaders.

Pathan played cricket for India between 2006 to 2012. He represented India in 29 Tests, 120 ODIs and 24 T20Is. Pathan is best known for his hat-trick in a Test match against Pakistan in January 2006, when in the first over of the match he accounted for the wickets of Salman Butt, Younis Khan and Mohammad Yousuf.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

FM Nirmala Sitharaman to review state of economy at FSDC meeting on Sept 15

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Finance Minister Nirmala Sitharaman will review the state of the economy amid global and domestic challenges at a meeting of the Financial Stability and Development Council (FSDC), scheduled on September 15. The 26th meeting of the high-level panel to be held in Mumbai will be attended by all financial sectoral regulators, including RBI Governor Shaktikanta Das, sources said.

The FSDC is the apex body of sectoral regulators, headed by the Union finance minister. The meeting will review the current global and domestic economic situation and financial stability issues, including those concerning banking and NBFCs, according to the sources.

The council would also discuss measures required for further development of the financial sector and to achieve inclusive economic growth with macroeconomic stability, they said. As per the RBI estimate, the country’s GDP is expected to witness a growth of 7.2 percent in the current financial year amid elevated retail inflation at 6.7 percent.

ALSO READ: India’s GDP likely grew 15% in June quarter of FY23 — details here

The focus of both the government and RBI is to tame inflation, which has remained above the RBI’s tolerance level of 6 per cent since January this year. Besides, the falling rupee hovering around 80 per dollar is adding pressure to inflation. The recent pronouncement of Fed chairman Jerome Powell to brace for more large interest rate hikes in coming months to rein in inflation will have implications for other currencies of the world, including the rupee.

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The FSDC meeting will also review activities undertaken by the FSDC Sub-Committee chaired by the RBI Governor and the action taken by members on the past decisions of FSDC. The last meeting of FSDC was held in February after the presentation of the Budget 2022-23.

Besides RBI Governor, Securities and Exchange Board of India Chairman Madhabi Puri Buch, Insurance Regulatory and Development Authority of India (IRDAI) Chairman Debasish Panda, Insolvency and Bankruptcy Board of India (IBBI) Chairman Ravi Mital and Pension Fund Regulatory and Development Authority Chairman Supratim Bandyopadhyay will attend the meeting.

The sources said the FSDC meeting will also be attended by Minister of State for Finance Bhagwat Kishanrao Karad, Finance Secretary T V Somanathan, Economic Affairs Secretary Ajay Seth, Revenue Secretary Tarun Bajaj, Financial Services Secretary Sanjay Malhotra, and other top officials of the finance ministry.

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Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow