June 04, 2020

The World Economic Forum

The report was meant to highlight the need to plan ahead for retirement but instead gave opposition parties ammunition to wedge bolt Suppliers blast Abes government.His Liberal Democratic Party suffered a massive defeat in a 2007 upper house election during his first stint as premier partly because of voter outrage over misplaced pension records.Abes ruling bloc is unlikely to lose its upper house majority but the fuss has trimmed his support and a weak performance would hamper efforts to cement his legacy.Pensions are a particularly sensitive topic for Abe.Abe has made reform of the social security system a top priority to cope with Japans fast-ageing, shrinking population.About 54 per cent of Japanese who get public pensions rely on them for their entire income, according to 2015 government data.Aso, 78, the wealthy scion of an elite political family, also said hed never worried about supporting himself as he aged and didnt know if he was receiving a pension."
What is making lots of people angry is that you are simply stressing stability (of the system) and not addressing their anxiety head-on," Yukio Edano, leader of the largest opposition Constitutional Democratic Party of Japan, told Abe during debate before a parliamentary panel. Two months later, Abe resigned."."The FSA has done exactly what it is supposed to do - not be afraid to uncover inconvenient truths," said Jesper Koll, CEO of asset manager WisdomTree Japan.Opposition parties have also used the FSA report to renew questions about the sustainability of the public pension system.Tokyo: Japanese Prime Minister Shinzo Abe faced stiff opposition criticism on Wednesday after a report warned that many retirees wont be able to live on pensions alone, a topic likely to become an issue in an election for parliaments upper house.The government in 2004 adopted reforms it said had made the system sustainable for the next 100 years, a pledge many private economists, opposition lawmakers and ordinary Japanese question.But the furore over the report and Finance Minister Taro Asos refusal to accept its findings have created a headache for Abes coalition ahead of the upper house poll and amid speculation that the premier may also call a snap election for the more powerful lower chamber."INCONVENIENT TRUTH"That many retirees cannot subsist on pensions alone and will outlive their savings is one of Japans worst-kept secrets and one reason Abe is considering raising the retirement age."Holding back, hiding or even falsifying information just because an election is near does not help you win trust for the government nor for the pension system," he told Abe.1 years for women and 81 years for men. "I dont want them to hide the truth from the public.Yuichiro Tamaki, leader of the opposition Democratic Party for the People, said Asos rejection of the report had deepened public unease.
The World Economic Forum last week forecast Japanese men could be expected to outlive their savings by 15 years and women by almost two decades.A report this month by advisers to the Financial Services Agency (FSA) said a model case couple would need USD 185,000 in addition to their pensions if they lived for 30 years after retiring.Abe said the report had caused "misunderstandings" and reiterated the governments position that reforms to the pension system implemented in 2004 had ensured its sustainability.Japans life expectancy is the highest among Organization for Economic Cooperation and Development countries at 87."People knew, even before the release of report, that there will be many economic problems after their retirement," said Yu Nakahigashi, 40, a self-employed businessman.

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May 27, 2020

It is presumed that Divyansh

The National Disaster Response Force (NDRF) joined the operation at 5.Twenty-four hours have passed but Divyansh has not yet been found. However, considering the Goregaon incident Wednesday, the BMC’s claims have fallen flat. At the time, the BMC had warned against opening drain covers terming the action as illegal and had said that only civic staff could open drain covers after putting up a "danger" sign as public warning."BMC’s manhole claims fall flatFollowing the death of Dr Deepak Amrapurkar in the August 29, 2017 deluge, the Brihanmumbai Municpal Corporation (BMC), during hearing of a public interest litigaton (PIL), told the Bombay high court that it had taken precautions to avoid any death due to open drains.
Additionally, the CCTV can reveal if the drain was never covered or locals opened it to prevent waterlogging. Locals would put a wooden plank over open drains to avoid mishaps.The BMC had said that 85 per cent of the work of installing protective iron meshes over manholes in flood-prone areas across the city had been completed. I will protest on the highway if he isn’t found soon.The investigation into Dr Amrapurkar’s death had revealed that a few locals had opened the manhole cover to prevent rainwater from entering their homes.They also claimed that as of June 29, the nullah where the incident took place was cleaned and the staff sealed the open drains with cement covers, and the office had photos as proof. The authorities are searching in the direction of the main drainage system as he must have been washed far due to the sheer force of rainwater."Senior civic officials, however, claimed that locals themselves must have uncovered the drains to prevent waterlogging.Mumbai: An 18-month-old boy, Divyansh Singh, went missing after falling into an uncovered roadside drain late on Wednesday at Ambedkar Nagar along Goregaon-Mulund Link Road.The child’s father, Suraj Singh, said, "We had asked the BMC several times to cover the drains but in vain.BMC chief Praveen Pardeshi, on the other hand, admitted that negligence had taken place and added that the matter would be probed. We searched for my child all through the night and the next day while the civic officers relaxed in their air-conditioned homes and offices. Later, footage from a nearby building’s CCTV camera, which captured the child falling into the drain, came to light. The civic China Non-standard fastener Manufacturers body has now promised to use a drone to rescue the baby.55 pm on Thursday.
It is presumed that Divyansh must have been washed away into the main drainage system due to the force of rainwater. The incident was reported to the disaster management cell at 10.An activist, Shravan Tiwari, said, "Complains about open drains went unheeded.However, in the Goregaon incident, no warning sign can be seen..The BMC had said that this initiative was aimed at preventing accidents and deaths of citizens due to falling into open manholes during heavy rains. The drain into which Divyansh fell was four to five feet deep but it deepens further to 10 to 15 feet towards the main drainage system.20 pm and the search operation was initiated by the Brihanmumbai Munic-ipal Corporation (BMC) with the help of local residents.A massive crowd had gathered in the area on Thursday morning to protest against the BMC’s ‘carelessness’. The child’s mother had raised an alarm after she found him missing from home.

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April 22, 2020

It is something to be able to paint

But the shining quality of goodness radiates from them, and where there was dark there is light, or the beginning of light; where there was cowardice there is courage; where there was listlessness there is love of life. There is an art of bringing hope to the world of despair. Love liberates love: It is as direct and miraculous as wholesale screws and bolts that." He was trying to remind us that great art is not restricted to painting, music, sculpture and writing; but still greater is the art that affects the quality of life of people. A bright face, a little appreciation and sympathy, a ready hand and a kind encouraging voice — they send a fellow traveller on his way refreshed, strengthened and comforted. These, according to Thoreau, are the greatest artists, for they practice the highest of the arts — the art of life itself. They may say little, if anything. These friends or wonderful strangers may meet at a picnic, in a lifeboat, in a hospital waiting-room. We all have a wonderful gift which we alone can give.There is no second chance." And the marvellous thing about it is that once the unhappy person feels that nobody cares about him, he is often able to begin caring more about others.Moin Qazi is a well known banker, author and Islamic researcher.
According to Dr Richard Moss, "The greatest gift you can give to another is the purity of your attention.com. There is no end to the number of such artists. It may be kindness shown to a frustrated youth, the generosity and help to a poor and hungry soul, consolation to an aggrieved man, love and affection to an orphan child, or medical aid to a serious patient. They come into a room in a dark hour, when we are lonely or discouraged. Now is the time. He can be reached at moinqazi123@gmail. It includes the countless obscure, good people who quietly affect the lives of those about them without even being aware they are doing it, winning no commendation and expecting none.Henry David Thoreau, the 19th century writer, naturalist and philosopher once remarked: "
It is something to be able to paint a particular picture, or to carve a statue, and so to make a few objects beautiful; but it is far more glorious to carve and paint the very atmosphere and medium through which we look to affect the quality of the day — that is the highest of arts. It may be a heartfelt smile to people around us — our family, our colleagues — or showing just a little kindness to those who come your way. Everybody, at one time or another, has known people who have altered the quality of their day.

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April 09, 2020

Enthused by positive macro data

Close above the resistance level 10,500 mark, can trigger fresh short covering. It appears the market has become much more short-term focused, and it continues to get shorter-term focused, say observers. Branded Consumer & Bazaar Products segment contributed 84 per cent of the sales and from this Adhesives & Sealants category includes adhesives, sealants and tapes and contributes to 55 per cent of the sales.Pidilite Industries is a holding company. Stay invested in the sector for further gains.28 per cent in March, the fourth successive month of decline. Kutumba Rao is an avid follower of stock markets. The company is engaged in the manufacture of adhesives and glues, including rubber based glues and adhesives. Stay invested for present. The pilot plant for the manufacture of next generation refrigerant, HFO 1234yf, is ready and the Chemicals Technology Group (CTG) will start the commissioning process very soon.
Views expressed in the article are personal views of the writer. This newspaper is not liable for decisions made on the basis of this column.Futures & OptionsMirroring the bullish undercurrent in cash market, derivative segment witnessed brisk trading during the week ended.4 per cent.5 per cent and 0. In the banking space, select private banks Axis Bank, Kotak Bank and InduSind Bank are witnessing good accumulation.For the week ahead, chartists predict trading range of 33,500-34,750 and 10,125-10,500 for indices.Stock ScanZensar Technologies is a leading digital solutions and technology services company that specializes in partnering global organisations across industries in their digital transformation journey.Renewed buying interest was seen metal and mining counters.SRF Limited is is a chemical-based multi-business entity engaged in the manufacturing of industrial and specialty intermediates.IIP rose 7. The breadth of the market remained weak amidst lower volumes.Major companies which will announce Q4 results in coming week include TCS, HDFC Bank, ACC, HDFC Life, CRISIL, InduSind Bank, CDSL and others. However, PSU Banks and select pharma stocks ended with losses.During the week ended IT stocks were the star performers followed by banks, metals and infra stocks. Buy on declines for target price ofRs 1, 750.Lack of follow up buying was seen in the broader markets; the S&P BSE Mid-Cap index and S&P BSE Small-Cap index inched by 0. Politics, trade, conflict could spur sudden market reversals. Being one of the first companies in blockchain technology space and visibility of earnings make the stock good buy for target price of Rs 1,750.7 per cent while the NSE Nifty closed at 10,480, up by 149 points or 1. It offers a complete range of traditional and transformational IT services and application management and infrastructure management services
Enthused by positive macro data, good start to Q4 results season; and ignoring Syrian crisis markets rallied for seven consecutive sessions to close on a positive note during the week ended.. Notching gains for third consecutive week, the S&P BSE Sensex closed at 34,192, up by 565 points or 1.Stocks looking good are Ambuja Cement, Biocon, CESC, HDFC Bank, Exide Inds, MindTree, Ramco Cements and V-Guard.On the back of Syrian crisis and volatility in crude oil prices, coming week may see alternate bouts of buying and selling.Resilient show was seen from cement counters in last few weeks. The VAM plant has been modified to make a range of Speciality Acetates and plans are underway to manufacture Isopropyl Alcohol in the same plant.In the option segment maximum open interest was seen at 10,500 strike call option and 10,300 strike put option. The company is widely recognised and well respected for its R&D capabilities globally, especially in the niche domain of chemicals.C. Buy for medium term target of Rs 3,500. Analysts do not expect any surprises from other IT biggies also.Near-term trend will be dictated by Q4 results, macro data, geo-political tensions on the Syrian front, developments over US-China trade war, FII and DII activity, the movement of rupee and crude oil price movement.Infosys results were largely in-line with market expectations.Apart from on-going geo-political concerns and Q4 results, market players’ radar is on upcoming Karnataka elections and Monsoon.1 per cent in February, while the CPI showed retail inflation at 4.6 per cent to close at 16,683 and 17,986.Sentiment indicators like VIX, open interest, put/call ratio and implied volatility suggest fatigue and mild correction in the near term. Tussle over "Binani" between Dalmia Bharat and Ultratech has triggered valuation exercise of China wedge bolt Suppliers cement companies. Buy SAIL, NMDC, Coal India, Hindalco and Tata Steel. Buoyancy in user industries and strong growth in niche segments foretell good times for the company. Contrarians suggest buying in low priced PSU banks that are showing signs of stability.

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