Union Cabinet Approves Ordinance To Bring Urban & Multi-State Cooperative Banks Under RBI Supervision

first_imgNews UpdatesUnion Cabinet Approves Ordinance To Bring Urban & Multi-State Cooperative Banks Under RBI Supervision LIVELAW NEWS NETWORK24 Jun 2020 5:39 AMShare This – xThe Union Cabinet on Wednesday approved an Ordinance to bring urban cooperative banks and multi-state cooperative banks under the supervision of Reserve Bank of India.This was announced by Union Minister Prakash Javadekar in a media briefing about the cabinet decisions.”It will give an assurance to 8.6 crore depositors in these banks that their money will stay safe”, the Minister…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Union Cabinet on Wednesday approved an Ordinance to bring urban cooperative banks and multi-state cooperative banks under the supervision of Reserve Bank of India.This was announced by Union Minister Prakash Javadekar in a media briefing about the cabinet decisions.”It will give an assurance to 8.6 crore depositors in these banks that their money will stay safe”, the Minister said.#Cabinet approves an ordinance to bring 1,482 urban and 58 multi state cooperative banks under the supervision power of @RBI. It will give an assurance to 8.6 crore depositors in these banks that their money will stay safe: Union Minister @PrakashJavdekar #cabinetdecisions pic.twitter.com/1voDml0Iiz— PIB India (@PIB_India) June 24, 2020The decision assumes relevance in the backdrop of the Punjab and Maharashtra Cooperative Bank scam, affecting lakhs of depositors.In April, a Constitution Bench of the Supreme Court had held that cooperative banks must comply with the provisions of the Banking Regulation Act with respect to their operations. The SC also held that SARFAESI Act was applicable to cooperative banks.Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

Near record heat expected in Southwest as heatwave grips large parts of US

first_imgABC NewsBy DANIEL MANZO, ABC NEWS(NEW YORK) — Tropical Storm Fay has now transitioned to a post-tropical cyclone, with winds of 35 mph. The storm’s center is located about 30 miles south of Albany, New York, on Saturday and is moving north at 17 mph.As the storm came ashore on Friday, Fay brought significant rainfall to parts of Delaware and New Jersey. Sussex County, Delaware saw 6.97inches of rain, while Margate City, New Jersey, received 5.5 inches of rain. Even some inland areas, such as Somerset and Middlesex Counties in New Jersey, saw over 2 inches of rainfall.Recorded wind gusts were generally 40 to 50 mph along the immediate coastline of New Jersey, New York and southern Connecticut.Now that Fay is weakening and heading towards Canada, a separate low pressure will come in behind it. Due to lingering tropical moisture, and upper-level wind shear, there is a good chance for scattered strong to severe thunderstorms in the Northeast Saturday. Some of those storms will have gusty winds, large hail and torrential rainfall.Meanwhile, in the Midwest, another large area is at risk for severe weather Saturday from Oklahoma to Illinois. The threat will be damaging winds and large hail. Brief tornadoes cannot be ruled out.Widespread summer heat alerts are in effect for nearly the entire southern U.S. from California to Florida. It will be very hot in the Southwest this weekend.Near-record heat will be possible in Abilene, Texas, Albuquerque, New Mexico, and Tucson, Arizona, Saturday with temperatures well into the triple digits. Records will be possible in Las Vegas, Phoenix, and Tucson with temperatures well over 110 degrees on Sunday.In Phoenix, temperatures will likely reach 116 degrees or higher on Sunday, with some isolated locations in the desert reaching 120 degrees. This would be the hottest temperature since 2017 for that region.Some of the heat will continue to expand next week, with another period of widespread heat from coast-to-coast looking likely as we head into the middle of July.Copyright © 2020, ABC Audio. All rights reserved.last_img read more

PREMIUMIndonesian coal miners face lower demand as major buyers impose lockdowns

first_imgLOG INDon’t have an account? Register here Norman HarsonoThe Jakarta Post/Jakarta Topics : The world’s top thermal coal exporter must contend with significant cutbacks in coal demand as major buyers have imposed lockdowns to curb the spread of the new coronavirus, which causes COVID-19.Multinational market research firm IHS Markit estimates that Indonesian coal exports will fall to 363 million tons this year, which would be far below the government’s target of 395 million tons.IHS Markit senior director for coal, metals and mining James Stevenson told The Jakarta Post on Friday that that the research company expected global thermal coal demand to shrink by 66 million tons this year, mainly due to drops in China (20 million tons), India (15 million tons) and Europe (17 million tons).“We had expected light growth – just a couple million tons – before the coronavirus started happenin… Linkedin Log in with your social accountcenter_img Forgot Password ? Google Facebook Indonesia coal-export demand outlook-2020 Asia China India lockdownlast_img read more

Cut too sharp for Gladness rivals

first_img Press Association It was the biggest winner to date for champion apprentice Whelan, who told At The Races: “He likes his own way out in front and just kept winding it up and winding it up. Things didn’t go to plan in the Lincolnshire, but he scoped badly and you can rule that one out.” The winning trainer’s son and assistant George Kent jnr commented: “”I said coming here that it was a fact-finding mission, so that tells us where we are at. We were not too worried by his run the last day. He showed in his work he could be competitive at this level and it’s great he got the job done. “It’s great to have this type of horse for a small yard. We need a horse like him. There’s a lovely programme for this type of horse. He had to make the step up today and thank god he did. He’s never let us down. He didn’t mind that ground today. It’s onwards and upwards.” Whelan maintained his flying start to the Flat season with a double as he got the Patrick Prendergast-trained Tantalising (4-1 co-favourite) home in the Irish Field Handicap, holding the fast-finishing Fantasy King by a neck. The trainer said: “I’m delighted with that. She picked up a lot of cheques last year as she was placed a lot. I was wondering was she ever going to get her head in front. “She was working well, but I was a bit concerned about her being ready as she was heavier on the scales, but she’s more of a mare this year rather than a filly. She’s by Sadler’s Wells, so she’ll make a nice broodmare. We’ll have to try and get some black type as it would make her very valuable.” Despite going on a fine run in handicaps last summer, this Group Three looked a little too much on paper for the gelding after he beat only a handful home in the Irish Lincolnshire on his most recent start. But he proved an impossible horse to pass in front, and while Aidan O’Brien’s long-absent Nephrite made a pleasing comeback in second, he was held by half a length, with La Collina a further nose away in third. center_img George Kent’s Custom Cut caused a 25-1 upset under Ronan Whelan in the feature race at the Curragh, the Big Bad Bob Gladness Stakes.last_img read more

Can Humans Use Evolution?

first_imgEvolution is being used.  A press release from University of Wisconsin-Madison was titled, “Using evolution, UW team creates a template for many new therapeutic agents.”  How does one use evolution?  It continued, “By guiding an enzyme down a new evolutionary pathway, a team of University of Wisconsin-Madison researchers has created a new form of an enzyme capable of producing a range of potential new therapeutic agents with anticancer and antibiotic properties.”We must keep up the heat on evolutionists till they become too embarrassed to say such things.  You cannot “use” evolution.  The moment you use it, you are doing intelligent design.  Evolution has no purpose, no aim, no guidance, no goal, and no reward – not even survival.  In Darwin’s universe, extinction happens and is just as dispassionate an outcome as survival.  If you think survival is somehow good, that’s your soul speaking.    The moment a human does the selecting, guiding or rewarding, evolution stops and intelligent design begins.  Evolution, as used by Darwin, is not just change.  It is a particular kind of change: undirected, dispassionate, purposeless, blind.  Darwin and his disciples believe that an evolutionary process could have produced all the beauty and variety of today’s highly-adapted lifeforms.  Whether it could or not, Darwin certainly would deny that anyone “used” evolution.  Darwin fought against any suggestion by compromising theologians of his day (even his close friend Asa Gray) that God used the evolutionary process to create life.    Such stories do nothing but obfuscate.  Evolution has nothing to do with it.  These scientists had a goal, and purposely selected enzymes with the properties they desired.  Darwin team, the referee just blew the whistle.  The penalty for your foul is to yield those two points to the ID team.  The title now reads, “Using selection criteria by intelligent design, UW team discovers a template for many new therapeutic agents.”  Much better; play ball.  Whoops; we just remembered the Darwin team has no goal.  Game over by forfeit.(Visited 6 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

McGregor races to Molokai Challenge win

first_img21 May 2014 Hank McGregor underlined his status as one of the best paddlers in the world by winning a second title in the Maui Jim Molokai Challenge in Hawaii on the weekend after holding off Australian star Clint Robinson in a thrilling finish to the tough 56km race. Faced with tough flat and windless conditions for the Kaiwi channel crossing between Molokai and Oahu, the title race quickly turned into a two-horse affair between defending champion Robinson and 2009 champ and current K1 world marathon champion McGregor.Made a charge The South African star made a charge with six kilometres to go and led by almost a minute as he approached the turn at the fabled China Wall, where he was able to surf the swell close to the shore, thanks to the mild ocean conditions. Robinson, however, put in a serious last ditch effort to reel in McGregor as they turned into the estuary that houses the finish, and in the final two kilometres he ground McGregor’s lead down to 30 seconds. Australians Cory Hill and Jeremy Cotter filled third and fourth places respectively before current Surfski World Series leader and Molokai debutant Jasper Mocke crossed the line to take fifth place, just ahead of another Australian stalwart, Martin Kenny.First doubles crew Twelve-time champion Oscar Chalupsky finished tenth, with the Durban North brothers, Ross and Bruce Poacher, becoming the first double skin crew home in eleventh place. Victory in the women’s race went to Rachel Clarke, with Lisa Wadling in second, followed by the double ski crew of Sally Marks and Alena Greensill.Made to work hard The field was made to work hard in the flat conditions with no assistance from the trade winds and swell, which deserted the Kaiwi channel after a fortnight of excellent downwind racing conditions. Temperatures topped 30 degrees throughout the race, with stifling humidity making racing tough for the paddlers. The prevailing conditions replicated last year’s disappearance of the trade winds, and came close to replicating the 2009 conditions in which McGregor took his maiden Molokai title.RESULTS Hank McGregor 3:35.17Clint Robinson 3:35.40Cory Hill 3:41.49Jeremy Cotter 3:44.24Jasper Mocke 3:48.34Martin Kenny 3:48.50Lewis Laughlin 3:52.58Dorian Wolter 3:57.46Hiromana Flores 3:59.13Oscar Chalupsky 4:02.15 SAinfo reporterlast_img read more

Carpet in Basements: The Issues, Solutions, and Alternatives

first_img RELATED ARTICLES Fixing a Wet BasementWhat’s the Best Basement Flooring System?Polyethylene Under Concrete SlabsAll About Dehumidifiers GBA Detail Library: Building Plans for Energy Efficient Basement Remodeling Designing dry, warm basement floorsDry, warm, basement floors are designed to manage:Water at ground level — gutters and downspouts connected to splash blocks on soil sloped away from the building;Water at the footing — perimeter pipe drainage at the footing;Water in porous materials — a capillary break (for example, free-draining gravel or a nonporous sheet good like polyethylene) underneath the slab, between the concrete walls and the soil, and between the footing and the foundation walls.Floor surface temperature — subslab rigid insulation warms the basement slab and elevates its temperature.So, you have designed your dry basement like this, or you have renovated it like this.The basement floor is dry, you thinkBefore you put any finished flooring down on what appears to be a dry floor, it’s a smart thing to determine just how dry it really is. Many basement concrete floors don’t have a capillary break or vapor barrier installed underneath them and evaporate what can be quite a bit of water off of their surface, water that is wicking from the soil up through the concrete. There are two simple tests to determine slab moisture transmission (see “Concrete in Practice 28 – Concrete Slab Moisture”). One involves just taping down a sheet of plastic for at least 16 hours and seeing if the underside of the plastic is wet (ASTM D4263). If it’s dry, congratulations – you can put down any finished flooring product you want to. If it’s wet, you might want to consider the next test, the anhydrous calcium chloride test (ASTM F1869), which can tell you the RATE of moisture transmission. Knowing this rate means that you can check flooring manufacturer recommendations on moisture transmission rates and see what types of flooring can handle what your slab is doing.Keep in mind that many types of flooring go down with water-soluble adhesives; that can be a real problem if your slab is drying a lot of water through its surface.Carpet in basementsMany, but certainly not all, carpets and carpet cushion are vapor-permeable, so if your basement slab is transmitting moisture, it can continue to evaporate up through the pad and carpet. On the other hand, if the carpet or pad is on a cool slab and it is loaded with dirt, pet and human dander, it’s just about a perfect place to cultivate dust mites and even mildew.The bottom line?If your basement slab is un-insulated and/or damp or transmitting moisture (and most are):Avoid installed wall-to-wall carpeting. Choose a hard surface material that meets manufacturer recommendations for what you know to be how much moisture is transmitting up through your basement slab.Maintain gaps for air circulation. Keep absorbent materials up off the basement floor and keep gaps between your slab and all objects, such as furniture.Keep your basement floor clean. Damp mop or vacuum your basement floor on a regular basis, based on use and traffic. If you’re using area rugs, launder or clean these on a regular basis and ideally, give them regular exposure to direct sunlight by taking them outside.Manage relative humidity in the basement. Use an Energy Star-labeled dehumidifier to keep the interior relative humidity at or below 60%.last_img read more

Everything You Never Knew You Wanted to Know About Film

first_imgTake a look at a really interesting breakdown of film stock and how moving images are captured and processed.The new web series What Is… tackles the history of film. Not the history of movies, but of the actual film stock used to capture movies. From the perforations along the side of the strip, to the individual frames themselves, take a closer look at the individual parts of film stock via TheWhatIsGuy.The video does a great job at showing the intricate details in a simplistic way. You’ll see how film with an audio strip will have either a magnetic or optical waveform.You’ll also get a really neat breakdown of frames and the different sizes of frames in the various film formats. Super-interesting stuff.What Is… also tackled film negatives in a separate bonus video. You’ll get a breakdown of color theory, and how it’s applied to creating color film.Did you find this in-depth look at the history of film interesting? Share your thoughts in the comments below.last_img read more

Police station set ablaze after man dies in custody

A 45-year-old man has died under mysterious circumstances in police custody sparking off a protest by locals who partially torched the Barhara police station premises which falls in Bhojpur district. Ram Sajjan Satva, a resident of Barhara village, died on Saturday after he was allegedly beaten up by policemen following which a crowd gathered outside the police station and pelted stones, injuring several police personnel, District Magistrate Birendra Prasad Yadav said. “The protesters also entered the police station and torched a portion of it,” Mr. Yadav said. Several vehicles parked outside the police station, furniture and some documents were set afire by the angry mob, the DM said, adding fire tenders were pressed into service to bring the situation under control. SDO Navdeep Shukla and SDPO Sanjay Kumar along with a team have gone to the village to control the situation, he said. Meanwhile, a medical report has said that Satva died of severe head injuries. The police had on Saturday picked up Satva after his daughter lodged a complaint that he used to come home drunk and tried to abuse her. Satva’s kins have alleged that he was killed in police custody. However, the police have claimed that the victim died after he jumped off the vehicle when he was taken to a government hospital for medical examination. An investigation into the matter has been launched, the DM said. read more

‘Spectacular’ Ronaldo revels in Madrid’s dream finale

first_imgBale said the win was just reward for all their hard work this season.“We have made history. We’ll enjoy this moment now. We needed confidence at half-time and we had to take our chances, which we did,” he said.Sports Related Videospowered by AdSparcRead Next View comments Yan Yan’s big fight BREAKING: Cop killed, 11 hurt in Misamis Oriental grenade blast Real Madrid’s Cristiano Ronaldo celebrates at the end of the Champions League final soccer match between Juventus and Real Madrid at the Millennium Stadium in Cardiff, Wales, Saturday June 3, 2017. Real Madrid won 4-1. APCristiano Ronaldo soaked up the acclaim after his brace fired Real Madrid to a 4-1 Champions League final demolition of Juventus and capped his “spectacular” end to the season.Ronaldo led Madrid to their first La Liga and Champions League double since 1958 by scoring 16 goals in his last 10 games of a memorable campaign, even by his sky-high standards.ADVERTISEMENT “It has been an incredible end to the season by us. The players deserve it and so do I.”Madrid midfielder Toni Kroos was happy to let Ronaldo hog the spotlight, adding: “Everybody knows that Cristiano is very important. “As a team we played very well in the quarter-finals, the semi-finals and today, but you need a guy to score the goals and he did it again.”Best in the world Madrid have won the Champions League three times in the last four years and their French forward Karim Benzema said: “It’s amazing, to win one, then two, then three! “We’ve made history and, there you go, we’re the best team in the world — it’s fantastic. “I want to keep going like that and win lots of trophies. We live football for this and tonight we’re all delighted.”It was also a special evening for Madrid’s Gareth Bale, who saluted his team’s historic triumph as the Spanish giants became the first side to retain the trophy for 27 years.Bale has been hampered by ankle and calf injuries for much of the season, but the Wales forward was able to play a part in his hometown after coming on as a 77th minute replacement for Benzema.Madrid’s dominant display gives them a 12th Champions League title and makes them the first to win it in successive years since the great AC Milan side of 1989 and 1990. Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games Cayetano dares Lacson, Drilon to take lie-detector test: Wala akong kinita sa SEA Games BSP survey: PH banks see bright horizon amid dark global recession clouds LATEST STORIES Don’t miss out on the latest news and information. Every 18 seconds someone is diagnosed with HIV The Portugal forward put Madrid ahead with a cool finish in the first half at the Principality Stadium and then scored their killer third goal from close-range in the second half.Ronaldo has now won 20 major trophies in his glittering career, with four Champions League triumphs, including three with Madrid and one at Manchester United.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSMalditas save PH from shutoutAfter producing sub-par displays in Real’s 2014 and 2016 Champions League final wins against Atletico Madrid, this was a far more inspired showing from Ronaldo and he was quick to pay tribute to boss Zinedine Zidane for resting him nine times during the season to keep him fresh for the run-in.“I had a spectacular end to the season. I prepared for that because things are won at the end of the season,” Ronaldo said. MOST READ Lacson: SEA Games fund put in foundation like ‘Napoles case’ “It was a good choice by the coach and I’m very happy.“We are a very good team and in the second-half we showed how good we are.“I’m delighted. I’m top scorer in the Champions League again. It’s been a brilliant season.”Ronaldo said the turning point was an inspirational half-time speech from Zidane, whose words fired Madrid’s three-goal blitz in the second period.“Zidane gave us a very positive half-time team talk and told us he really believed in us,” he said. ADVERTISEMENT Pagasa: Storm intensifies as it nears PAR Palace: Duterte to hear out security execs on alleged China control of NGCP BREAKING: Cop killed, 11 hurt in Misamis Oriental grenade blastlast_img read more