It’s all in the economy

first_imgThe French politician who formally congratulated the mayor of Paris for losing the 2012 Olympics bid to London made perfect sense. The straitjacket of security, he explained, would drive summer tourists away from London towards grateful France. Paris would get the holiday business while London paid the 9 billion-pound bill,The French politician who formally congratulated the mayor of Paris for losing the 2012 Olympics bid to London made perfect sense. The straitjacket of security, he explained, would drive summer tourists away from London towards grateful France. Paris would get the holiday business while London paid the 9 billion-pound bill for the effete glory of a forgettable media event. Win-win for the Eiffel Tower.Boris Johnson, mayor of London, who has delivered all Olympics facilities within budget and a year ahead without being accused of anything more corrupt than an occasional ogle, must have sneered and chortled in response. But there is a major philosophical lesson to be learnt about fate. The lucky, win. The truly lucky know when to lose.A very powerful Congress leader, his demeanour touched by a faraway wistful look, whispered a fantasy to me the other day: that the Congress had chosen to sit in Opposition after winning 206 seats in the summer of 2009. Some crumbly structure would perforce have made a grab for power, doubtless with former Congress allies like DMK queuing up for the telecom ministry as their price for support to a BJP prime minister. Within weeks the whole lot would have been compromised at bargain rates, since they would be trading in used goods. Suresh Kalmadi would have welcomed the return of this version of NDA, since he could have bought out their bigwigs with nothing more expensive than the occasional first class ticket to a sports jamboree. This government would have either sought to sabotage investigations into both the Commonwealth Games and 2G spectrum, or defended them on some silly technical ground, leaving the quiet but well-fed Congress on a high moral plateau. The rackety NDA government would have collapsed in derisive confusion; Congress would win a clear majority in the winter 2011 general elections and Rahul Gandhi would be sworn in as the undisputed prime minister.advertisementThe BJP should be feeling extraordinarily pleased that it lost the last general elections.In 2004 the BJP was unprepared for defeat; but then no ruling party is ever ready for bad news. In 2009 the BJP was unprepared for victory, which is less forgivable. The fault lay not in any individual, but in a more basic flaw: it had not still fully absorbed the extent to which the Indian voter had shifted from an emotional agenda to an economic ambition. In 2009 some of the more media-magnetic BJP campaigners were still behaving as if they were on the sets of a 1950s Bollywood historical melodrama. That age had, paradoxically, exhausted itself with the culmination of the Ram temple movement; once the mosque at Ayodhya was destroyed, it took its emotions along with it. The BJP lost the Assembly elections of 1993 in the very heartland that had sustained its most powerful emotional appeal; Digvijaya Singh became chief minister of Madhya Pradesh that year.Two general election defeats have created a double benefit for the BJP. The voter is ready to empathise again, feeling that enough punishment has been meted out. And the party understands that serious correctives are essential if the show is to go on. The first is happening. There is a visible rise in the BJP vote across the north. The party could shock its enemies and surprise its friends in the next Uttar Pradesh Assembly elections. It has stemmed the bleed in Madhya Pradesh and returned to form in Rajasthan, while remaining steadily ahead in Gujarat. The correctives are still a work in progress. Nitin Gadkari’s principal task over the next year will be to put together a viable economic policy for the party which the voter can assess, measure and then identify with.Why has the Congress slipped? Corruption is the easy answer, but not a complete one. The voter is angry about the theft of public money, of course. But he is truly livid at the fact that corruption has derailed economic growth. The first is sufficient cause for the visible and escalating concern that we see around us; the second can lay the seeds for insurrection. The Indian industrialist is talking through his bank account, investing abroad rather than at home. The worker is seeing the gains for which he abandoned the culture of strikes, being frittered away. There is confusion in villages as the landowner demands a share in that fixed lottery called land prices.Protest is a legitimate part of any Opposition’s duty, but that alone cannot convert the BJP into a ruling party. It has to rise above protest and become an alternative; from a trade union into the management structure that the shareholders of democracy can hire when the present management is voted out.advertisementIt tells us something when the language of business becomes perfectly applicable to the business of contemporary politics.last_img read more

India Today @ the Olympics: Poonia stays back in London to enjoy the Games

first_imgThe sights and sounds associated with an Olympic Games are very different from any other sporting event in the world.The Olympics are the mother of all sporting events and nothing else even comes close to matching the scale — on or off the field of play.Even when an athlete finishes his or her competition, they can stay at the Games Village till the end of the Games and take in the sights and sounds on display, not to mention watching other athletes strut their stuff against the world’s best.While a lot of Indian athletes, such as bronze medal-winning shuttler Saina Nehwal as well as bronze and silver medal winning shooters, Gagan Narang and Vijay Kumar, have gone back home after the completion of their events, some have stayed back.Indian discus thrower Krishna Poonia is one such athlete who has stayed back — not only watch others compete, but cheer for her contingent.Poonia, who finished seventh in the discus final, enjoyed watching the men’s 100 meters final last week. A couple of days later, she came to the Excel Arena with her husband-cum-coach to cheer for Indian boxing star Vijender Singh.last_img read more

UPSC notifies recruitment at 108 faculty and non-faculty posts

first_imgThe Union Public Service Commission (UPSC) has notified Online Recruitment Applications (ORA) for 108 various faculty and non-faculty posts.Interested candidates should apply online through UPSC website till August 28, 2014.Vacancies and Pay scale:Total vacancies: 108 posts1. Assistant Directors (Chemistry): 3 postsPay Scale: PB-3 of Rs 15600-39100 + Grade Pay of Rs 54002. Assistant Directors (Plant Pathology): 4 postsPay Scale: PB-3 of Rs 15600-39100 + Grade Pay of Rs 54003. Assistant Directors of Air Safety: 4 postsPay Scale: PB-3 of Rs 15600-39100 + Grade Pay of Rs 66004. Aeronautical Officers: 15 postsPay Scale: PB-3 of Rs 15600-39100 + Grade Pay of Rs 54005. Legal Officers: 2 postsPay Scale: PB-3 of Rs 15600-39100 + Grade Pay of Rs 54006. Deputy Registrars of Trade Marks & Geographical Indications: 4 postsPay Scale: PB-3 of Rs 15600-39100 + Grade Pay of Rs 76007. Professor of Agriculture Chemistry: 1 postPay Scale: PB-4 of Rs 37400-67000 + Grade Pay of Rs 87008. Assistant Engineers (NQA) in Mechanical Engineering: 11 postsPay Scale: PB-2 of Rs 9300-34800 + Grade Pay of Rs 46009. Assistant Engineers (NQA) in Metallurgical Engineering: 3 postsPay Scale: PB-2 of Rs.9300-34800 + Grade Pay of Rs 460010. Assistant Drugs Controllers (India): 10 postsPay Scale: PB-3 of Rs 15600-39100 + Grade Pay of Rs 660011. Specialists, Gr.III, Assistant Professors (Neurology): 8 postsPay Scale: PB-3 of Rs.15600-39100 + Grade Pay of Rs 660012. Specialists, Gr.III, Assistant Professors (Paediatric Cardiology): 3 postsPay Scale: PB-3 of Rs.15600-39100 + Grade Pay of Rs 660013. Specialists, Gr.III, Assistant Professors in Orthopaedic Surgery (Sports Injury): 6 postsPay Scale: PB-3 of Rs 15600-39100 + Grade Pay of Rs 660014. Superintendent (Legal): 2 postsPay Scale: PB-2 of Rs.9300-34800 + Grade Pay of Rs 480015. Assistant Public Prosecutor: 32 postsPay Scale: PB-2 of Rs 9300-34800 + Grade Pay of Rs 4600Experience in relevant field is also desirable, check the detailed advertisement on the website for more information.advertisementSelection Procedure: Candidates will be shortlisted on the basis of the information provided by them on the application. Selection of candidates short listed will be done on the basis of their performance in the interview.Candidates shortlisted for interview will be required to send self attested copies of documents/relevant certificates in support of the claims made in the application as and when demanded by the Commission.Application Fees: Candidates are subjected to pay a non-refundable application fee of Rs 25 in the form of an SBI Challan paid at the bank by cash or by using net banking facility of the SBI or by using visa/master credit/debit card.SC/ ST/ PH/ Women candidates are exempted from payment of application fees.How to Apply: Interested and eligible candidates should apply online through UPSC website http://www.upsconline.nic.in by due date.Candidates willing to apply for more than one post should apply separately for each post.If claiming an experience, candidates should upload their experience certificate in a single pfd file.After submitting the Online Recruitment Application (ORA), candidates should take out a printout of the finally submitted Online Recruitment Application and retain it for future referenceImportant Dates               Last date to apply online: August 28, 2014 (11.59 PM)Last date for printing online submitted applications: August 29, 2014 (11.59 PM)Official UPSC website link to apply:http://upsconline.nic.in/ora/VacancyNoticePub.phplast_img read more

Doordarshan is hiring! Earn upto 85,000 per month

first_imgDoordarshan has invited applications from eligible candidates for filling up the posts of Advisor (Business Development). The profile will be on contractual basis. The interested candidates can apply in a prescribed application format latest by October 24.Vacancy details:Total posts: 1Name of the posts: Advisor (Business Development)Eligibility criteria:Educational qualification:The candidates should have acquired a post graduation degree from a recognised university or institutePG diploma in Business Administration or PG Diploma in Marketing Management.Experience:The candidates should have 15 years of experience in Business DevelopmentExperience interaction with Government Agenecies/Sector (Customer Relationship Management _CRM)Age limit: The candidates’ age should be between 45 and 55 years.Pay scale:The candidates will get a consolidated salary of Rs 75,000 to Rs 85,000 per month.How to apply: The eligible candidates can send their detailed application form along with photocopies of the documents in support of the qualification, experience to Deputy Director Admn (SCOR), Doordarshan Bhawan, Copernicus Marg, Mandi House, New Delhi – 110001′ through a proper channel so as to reach before the closing date. Important date:Last date for submission of application: October 24For more details, the candidates can visit the official website.last_img read more

Gremio: No Barcelona deal for Arthur

first_imgTransfers Gremio refute claims of €40m Arthur agreement with Barcelona Ryan Benson 02:23 2/22/18 FacebookTwitterRedditcopy Comments(0) arthur-cropped Getty Images Transfers Barcelona Grêmio Primera División Serie A The young midfielder Arthur has been linked with a move to Camp Nou, but speculation suggesting a deal has been struck is supposedly false. Reports of a €40million agreement between Gremio and Barcelona for midfielder Arthur are wide of the mark, according to the Brazilian club’s president Romildo Bolzan.Barcelona’s interest in the 21-year-old midfielder is long-standing, having been linked with him regularly towards the end of 2017, when Arthur was a key part of the Gremio side which won the Copa Libertadores.AdChoices广告Arthur was photographed wearing the Catalan club’s jersey in a meeting with their sporting director Robert Fernandez in December. Article continues below Editors’ Picks Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Megan Rapinoe: Born & brilliant in the U.S.A. A Liverpool legend in the making: Behind Virgil van Dijk’s remarkable rise to world’s best player Although that angered Gremio, they have been in regular dialogue with Barca ever since over a potential move, with reports in Spain claiming on Tuesday that an agreement had finally been made.But Gremio insists such claims are purely speculation, with a deal still to be struck.Speaking to Radio Bandeirantes, Bolzan said: “A deal has still not been finalised.”There have been plenty of discussions, but at this stage the transfer cannot be considered a foregone conclusion.”last_img read more

All you need to know about Brazil

first_imgBrazil v Croatia Everything you need to know about Brazil ahead of World Cup 2018 Rupert Fryer Last updated 1 year ago 13:00 5/22/18 FacebookTwitterRedditcopy Brasil - Argentina Eliminatorias Sudamericanas 10112016 Pedro Vilela/Getty Images Brazil v Croatia Austria v Brazil Croatia Brazil Austria Friendlies What the Selecao’s current first team, who will make the squad in Russia, how did they qualify and what is their record in the tournament? Excluding hosts Russia, five-time world champions Brazil were the first team to qualify for World Cup 2018.The most decorated national team in football history, the Selecao are the only team to have competed in every edition since the tournaments formation in 1928.GOALREAD MORE: GOALPROFILE: Brazil boss Tite | Brazil’s World Cup qualificationThis year, they will be looking to put breathing space between themselves and Italy and Germany, who each have four world titles. Editors’ Picks Goalkeeper crisis! Walker to the rescue but City sweating on Ederson injury ahead of Liverpool clash Out of his depth! Emery on borrowed time after another abysmal Arsenal display Diving, tactical fouls & the emerging war of words between Guardiola & Klopp Sorry, Cristiano! Pjanic is Juventus’ most important player right now Below, Brasil Global Tour look back at the evolution of this Brazil side under coach Tite and tell you everything you need to know about the favourites for Russia 2018.HOW DID BRAZIL QUALIFY FOR WORLD CUP 2018?Gabriel Jesus Brazil Ecuador 01092016After a stumbling start under previous coach Dunga, Brazil romped to qualification following the appointment of Tite in June 2016. The former Corinthians boss kicked off a new era with a 3-0 defeat of Ecuador in Quito, thanks to two goals from Gabriel Jesus on what was a dream debut for both coach and player.The Selecao cemented their place well in advance of Russia 2018, securing qualification in March 2017 with four qualifiers to spare as Tite led them to eight consecutive victories.WHO IS BRAZIL’S STAR PLAYER?Neymar BrazilThe most-expensive player in the game’s history, Neymar remains Brazil’s star player. However, Tite has successfully reduced the team’s reliance on the PSG man. ‘Neymardependencia’ became a buzz word for the Selecao from the 2013 Confederations Cup onwards, but this Brazil team have successfully integrated others into their attacking play. Centre-forward Gabriel Jesus is the top scorer under Tite with 9 goals, and midfielder Paulinho has matched Neymar’s total of 7 under the current coach. Philippe Coutinho has at last become a regular in the side and he has 5.Regardless, Neymar will be vital to the Selecao’s chances of capturing their sixth world title. He will arrive in Russia during what should be his peak years and his long injury lay-off following foot surgery last month should also ensure he is well rested come June.WHO IS THE BRAZIL COACH?Tite Brazil 23032018A long and successful domestic career saw Tite twice go close to landing the Brazil job before finally getting the gig in June 2016. After a relatively modest playing career, he made his way in coaching in in Southern Brazil before, first tasting the big time when he led Gremio to a Brazilian Cup in 2001. He claimed the Copa Sudamericana with Internacional seven years later – between two brief stints in the Middle East – before earning international prestige with Corinthians.He took the Timao to the Brazilian league title in 2011 before cementing the club’s first ever Copa Libertadores title the following year, which he promptly followed up by seeing off Chelsea to win the Club World Cup.Tite had always been a defensive-minded and conservative coach, with his Corinthians teams famously tasting Libertadores success with something akin to a 4-6-0 formation. But, after leaving the Timao in 2013, he took a year-long sabbatical to travel the world in order to further his understanding of the game and expand his tactical ideas. He returned to Corinthians in 2015 and immediately led them to another Brazilian league title, this time with a considerably more attacking approach as he asked his side to press high and remain compact. Far and away the leading candidate for the role following Dunga’s dismissal after Copa America 2016, he was handed the Brazil job at the third time of asking.WHO IS IN BRAZIL’S WORLD CUP SQUAD?Brazil celebrateTite has had a remarkably settled side during his two-years in the role. In fact, of the starting XI selected for his debut on the bench, until March only one player had lost his place in the team – Willian was replaced by Coutinho. Renato Augusto may now drop out of the first XI, with his place currently being contested by Willian and Fernandinho, while Thiago Silva could also have taken Marquinhos’ place at the heart of the defence. The only other change will take place at right-back after Dani Alves was forced out of the World Cup with a knee injury. Fagner of Corinthians and Danilo of Manchester City will now compete for that role.The squad as a whole has been very settled. Earlier this year, Tite went as far as officially confirming 16 of the 23 players he will take the World Cup: The then starting XI of Alisson, Dani Alves, Marquinhos, Miranda, Marcelo, Casemiro, Paulinho, Renato Augusto, Coutinho, Neymar and Gabriel Jesus, and five substitutes, Ederson, Thiago Silva, Fernandinho, Willian and Roberto Firmino. March saw Douglas Costa and Shakhtar midfielder Fred secture their places in the squad and there would be no great surprises when Tite named his final 23 on March 14.All 23 players who made the cut had called up had previously made Tite squads. Juventus’ Alex Sandro would miss out to Filipe Luis for the role of reserve left-back, while Corinthians goalkeeper Cassio pipped Neto to be named third-choice goalkeeper. Gremio’s Pedro Geromel has won the race for the final reserve slot in central defence, but his team-mates Luan and Arthur missed out.Your #Brasil squad for World Cup 2018— Brasil Global Tour (@BGT_ENG) May 14, 2018WHAT IS BRAZIL’S STARTING LINE-UP?Brazil XI 14052018The team shown above has long been Tite’s starting XI, however, March’s friendlies saw Renato Augusto left out of both matches amid increasing speculation that he will be replaced long-term by Willian and/or Fernandinho. For matches against supposed weaker opposition who will set out to stifle with a low block, Tite could move Coutinho into central midfield and restore Willian to the right-side of his 4-1-4-1, as we saw against Russia in Moscow. Against tougher teams who will press and seek to dominate possession, such as the recent match against Germany in Berlin, Fernandinho could be drafted in to add some solidity to the midfield and Willian would drop to the bench. Thiago Silva, meanwhile, surprisingly played both matches against Russia and Germany in March and is now a real contender to replace Marquinhos in the centre of defence.The loss of Dani Alves is likely to see Corinthians full-back Fagner introduced at right-back, though Danilo will hope to prove he should start instead.WHO AND WHEN DO BRAZIL PLAY?Brazil team England 14112018 Group E Brazil Switzerland Costa Rica Serbia The Selecao open their campaign against Switzerland in Rostov before meeting Costa Rica and Serbia. Date Fixture Venue Kick-off time (local/UK) June 17 Brazil v Switzerland Rostov-on-Don 21:00/19:00 June 22 Brazil v Costa Rica Saint Petersburg 15:00/13:00 June 27 Serbia v Brazil Moscow – Spartak Stdm 21:00/19:00 HOW WILL BRAZIL PREPARE FOR THE WORLD CUP?Brazil boss Tite will announce his World Cup squad on May 14 with the players slated to arrive at the Granja Comary training complex in Teresopolis on May 21.The Selecao will then face their final two warm-up matches as the Brasil Global Tour returns in June. They face Croatia at Anfield in Liverpool, England on June 3, before facing Austria in Vienna on June 10.WHERE WILL BRAZIL STAY IN RUSSIA? WHAT IS BRAZIL’S WORLD CUP RECORD?Cafu Brazil World Cup 2002 Year Host Brazil’s finish Round of exit 1930 Uruguay 6 First round 1934 Italy 14 First round 1938 France 3 Semi-final 1950 Brazil 2 Final 1954 Switzerland 5 Quarter-final 1958 Sweden 1 Champions 1962 Chile 1 Champions 1966 England 11 First round 1970 Mexico 1 Champions 1974 West Germany 4 Semi-final 1978 Argentina 3 Semi-final 1982 Spain 5 Quarter-final 1986 Mexico 5 Quarter-final 1990 Italy 9 Round of 16 1994 USA 1 Champions 1998 France 2 Final 2002 Japan/South Korea 1 Champions 2006 Germany 5 Quarter-final 2010 South Africa 5 Quarter-final 2014 Brazil 4 Semi-final 2018 Russia ??? Qualifiedlast_img read more

Hunter Group in Talks to Sell Two VLCC Newbuildings

first_imgzoomIllustration. Source: Pixabay under CC0 Creative Commons license Norwegian investment company Hunter Group has received an offer to sell two of its very large crude carrier (VLCC) newbuildings.Under the offer, the units would be sold for a total of USD 196 million, or USD 98 million per vessel.Hunter Group said that the bid was received from a third party buyer, adding that it is currently “in advanced discussion in finalizing a sale”.The company has eight 300,000 dwt VLCCs currently under construction at Daewoo Shipbuilding & Marine Engineering. Four of these are scheduled for delivery in 2019, two each in September and October, the company informed.Following the end of the first quarter of 2019, the company secured USD 420 million of financing from a syndicate of international shipping banks. The loan will finance approximately 60% of the construction cost with available draw at delivery of each vessel. Key terms include 275 bps margin, 16 years repayment profile, and a 5-year tenor.Hunter Group revealed the deal as part of its first quarter of 2019 financial report. The company’s net profit from continuing operations came in at USD 331 t in Q1 2019 compared to USD 1,308t in Q1 2018, mainly attributable to a combination of financial income and advisory fees.last_img read more