Thursday, 6 June 2019

China shadow on local steel prices

However, the sentiment will be weak.In fact, JSW had raised steel prices on Monday but the market is not responding, an official of the company, said. The global headwind comes at a time demand appears to be floundering because of a slowdown in the auto industry and general election, which tempered construction related activities. Moreover, input costs continue to remain high for integrated large players such as Tata Steel, SAIL and JSW among others, who depend on imported coking coal. A combination of these factors will keep margins of Indian steel mills under check."It is hard to predict how the year will pan out as yet since we are just two months into it. Industry will watch budget numbers closely to see if there is any uptick in capital expenditure, which will be positive for steel demand. The impact of US-China trade war will be another key determinant as far as prices are concerned," Jayanta Roy, senior vice-president & group head, corporate sector ratings, ICRA, said.Demand from the auto sector may also revive in the second half if consumers rush to beat the BS-VI deadline of April 2020. Since prices of personal vehicles are expected to go up to meet the new emission norms, there may be a pre buying, leading to demand for flat steel products.The ICRA report notes that there has been a contraction in gross contribution levels of a domestic blast furnace operator by Rs 3,000 a tonne last quarter. In the current quarter, with coking coal prices remaining firm and steel prices under pressure, there may be a further contraction in gross contribution levels by around Rs 400-500 per tonnes more.Domestic steel consumption growth eased to 7.5 per cent in 2018-19 from 7.9 per cent a year ago. The demand growth moderated to 6.4 per cent in April 2019 and is likely to remain lower than last fiscal. DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: The Telegraphhttp://echometer.com/UserProfile/tabid/61/userId/538400/Default.aspx

English classes, legal services cut for immigrant kids under US government care

It's now up to the various non-profit and private organizations that care for the children to cover the cost of teachers, supplies, legal services and even recreational activities and equipment — if they can, or choose to. Health and Human Services says it currently has 13,200 children in its care, and more are coming. The Border Patrol said Wednesday that 11,500 children without a parent crossed the border just last month. The kids are transferred to the care of Health and Human Services after the Border Patrol processes them. Health and Human Services contracts out their care and housing to nonprofits and private companies. 'As we have said, we have a humanitarian crisis at the border brought on by a broken immigration system that is putting tremendous strain (on the agency),' Health and Human Services spokeswoman Evelyn Stauffer said. 'Additional resources are urgently required to meet the humanitarian needs created by this influx - to both sustain critical child welfare and release operations and increase capacity.' Health and Human Services is seeking nearly USD 3 million in emergency funding to cover more beds and provide basic care. An official at one of the shelter providers said the government notified them on May 30 that they wouldn't be reimbursing costs of providing education and other activities. The providers pay for things like teacher salary upfront and are then reimbursed by the government. The official, who spoke on the condition of anonymity because he was not authorized to speak on the matter, said his employer was scrambling to figure out how it would cover the cost of teachers. The provider hasn't laid anyone off, but worries about children who desperately need to learn English and be intellectually stimulated. Advocates are also worried about the ramifications of cutting recreational activities. Funding cuts may result in physical education coordinators from being let go and in a lack of adults who can supervise children playing outside. 'The kids are inside 23 hours, and the hour they spend outside is a real lifeline for them,' said J.J. Mulligan, an attorney at the Immigration Law Clinic at University of California, Davis, who has visited and spoken to many of the children at the facilities. 'Most of them come from Latin American countries where soccer is king, so the ability to play with their friends really brings them joy in dark circumstances.' In a memo to staff obtained by The Associated Press, Southwest Key interim CEO Joella Brooks said she was working with the government to figure out why the funding had ended and how it can continue to offer the services. Southwest Key is a nonprofit and the largest provider of shelters for immigrant children. 'In the meantime, remember the service, encouragement and compassion you provide to these youth every day matters a great deal. Please continue to stay focused on taking good care of them,' Brooks wrote. US Rep. Raul Grijalva, D-Arizona, was critical of the cuts. 'By eliminating English classes and legal aid that are critical to ensuring children successfully navigate the asylum process, the Trump Administration is essentially condemning children to prison and throwing away the key until their imminent deportation,' Grijalva, who represents a district on the border, said in a statement. ... DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: Deccan Chroniclehttps://www.vox.com/users/ruheenasazzu/

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India inks Rs 300-crore deal to buy more 'Balakot' bombs

No Modi-Imran bilateral at SCO, PM set to meet Xi again The air strikes against the JeM terror base were India's response to the Pulwama attack in which 40 CRPF men were killed on February 14. IAF's Mirage 2000 fighters hit three targets in Balakot with five Spice bombs with penetrator warheads that allowed them to pierce through the rooftops before exploding inside to cause maximum damage. Each bomb was carrying around 80 kgs of explosives in a 900-kg steel casing, with the explosion caused by time-delay fuses sending a lethal quantity of shrapnel that would have instantly killed the occupants of the buildings. The bombs hit their targets in a vertical attack angle, leaving holes measuring 80 to 90 cm in diameter on the rooftops of the structures. Pakistan has refused to acknowledge the damage caused by the IAF's unprecedented, peace-time, cross-border strike. However, in an exclusive interview to HT in March, IAF chief Air Chief Marshal BS Dhanoa asserted that Indian fighter planes had struck their intended targets with precision. NSA Ajit Doval's upgrade is PM Modi's sharp message on national security Pakistan Air Force fighters made a failed attempt to bomb Indian military installations on February 27, leading to an aerial engagement along the LoC during which an Indian combat jet was shot down and its pilot captured and briefly detained by Pakistan. DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: Hindustan Timeshttp://yarp.com/780f029918ba

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Jagan Mohan Reddy replaces Chandrababu Naidu's farmer welfare scheme

The scheme was to be started in May next year at the start of the kharif season but has been advanced to the rabi season that starts on October 15. Mr Jagan Mohan Reddy had drawn the outline of the programme after interacting with farmers across the state during his padayatra. The Chief Minister said agriculture and its allied fields, which engage over 62 per cent of the population, should be benefited by welfare schemes. The Cabinet of Mr Jagan Mohan Reddy will take oath at 11.49 am on Saturday. It is learnt that Mr Reddy will initially induct 15 ministers and expand the Cabinet later. Another version that is making rounds says that he will induct all 25 ministers, which is the maximum permissible size of the Cabinet. Mr Reddy may reveal the names of his Cabinet colleagues at the YSRCLP meeting that he has called on Friday morning. There are many aspirants for Cabinet berths. Highly placed sources in YSRC hinted that the CM may induct six ministers from the Reddy community, two each from the Kamma and Kapu groups, three each from the Backward Classes and the Scheduled Castes, one from the Scheduled Tribes and one each from the Brahmin, Kshatriya and Vysya communities. It is also learnt that the Assembly session will be held for three days from June 12. The new MLAs will take oath on June 13 and the Speaker will be elected on the same day. On June 14, the Governor will address a joint session. ... DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: Deccan Chroniclehttp://c4uc.org/User-Profile/userId/8307.aspx DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: Hindustan Timeshttp://danmooredesigns.com/UserProfile/tabid/61/userId/353195/Default.aspx

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Pak military voluntarily cuts defence budget amid crisis, Imran Khan applauds move

We shall maintain effective response potential to all threats. Three services will manage impact of the cut through appropriate internal measures," Maj Gen Ghafoor said. Voluntary cut in def budget for a year will not be at the cost of def & security. We shall maint effective response potential to all threats.Three services will manage impact of the cut through appropriate internal measures. It was imp to participate in dev of tribal areas & Bln. — Maj Gen Asif Ghafoor (@OfficialDGISPR) June 4, 2019 Pakistan's Prime Minister Imran Khan said on Tuesday that he was very appreciative of the Pakistani military's "unprecedented voluntary initiative of stringent cuts in their defence expenditures" especially in light of the country's poor financial situation. Imran Khan said he was grateful for the move that came "despite multiple security challenges" that Pakistan faces. Pakistan's Science and Technology Minister Fawad Chaudhry said this was "not a small step at all. Only a strong civilian-military coordination can rescue Pakistan from the deep problems of governance and economy," he said. On May 28, Pakistan Prime Minister's Special Assistant on Information, Firdous Ashiq Awan, had announced that the country's federal budget will be presented on June 11. Last month, the government announced that all civil and military institutions would contribute to the austerity-oriented federal budget for 2019-20. "There will be austerity in the coming budget. We will try to keep government expenditures to the minimum possible level," Imran Khan's adviser on Finance and Economic Affairs Hafeez Shaikh had said. Pakistan in 2018 was the 20th biggest military spender in the world with an expenditure of USD 11.4 billion, a report published by the Stockholm International Peace Research Institute (Sipri) said in April. The military spending of 2018 made up for four per cent of Pakistan's gross domestic product (GDP) which is the highest level since 2004, according to the report by the Sweden-based institute. The top military spender in the world is the United States, which spent USD 649 billion on its forces last year. The US military spending, however, has decreased by 17 per cent over the past decade, the report said. ... function catchException() {try{ twitterJSDidLoad(); }catch(e){}} function getAndroidVersion(ua) {ua = (ua || navigator.userAgent).toLowerCase(); var match = ua.match(/android\\s([0-9\\.]*)/);return match ? match[1] : false;}; var versions='4.2.2'; var versionArray=versions.split(',');var currentAndroidVersion=getAndroidVersion();if(versionArray.indexOf(currentAndroidVersion)!=-1){var blocks = document.getElementsByTagName('blockquote'); for(var i = 0; i < blocks.length; i++){blocks[i].innerHTML = '';}}DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: Deccan Chroniclehttp://rhubarbblue.com/UserProfile/tabid/61/userId/392699/Default.aspx

Hina Khan: I will share a picture holding my own Oscar one day

Overwhelmed with the experience of meeting Marc, Hina shared on Instagram, 'Meeting mark reassured me more than ever to the fact that being humble and inclusive is the trademark attribute of success. And for the language of Cinema Oscars is like a dictionary, it defines everything!' Thanking Marc Baschet for letting her hold his Oscar trophy and wishing to have one for herself one day, Hina Khan added, 'I grew Years in just a few moments when I met the Oscar winner producer Mark Bachet for (No Mans Land) and this experience is worth a lifetime. Thank you for giving me an opportunity to hold your Oscar (wish I could share the picture) no worries I will share a picture holding my own Oscar one day (inshallah) #DreamBig #WeCanDreamAtleast #LetsLeaveTheRestToAlmighty. Thank you, Mark, for your kind words, hope to work with you soon珞 and thank you @rahatkazmi for introducing me to him.' The Kasautii Zindagi Kay star shared a video where she captured all the awards and certificates won by Marc. Hina Khan created a lot of buzz with her red carpet appearances at the prestigious Cannes Film Festival. She not only stunned all with her gorgeous appearances but also released the first look poster of her debut film Lines. Lines is helmed by Hussain Khan and is written by Kunwar Shakti Singh and Rahat Kazmi. Kazmi has also co-produced the film along with Tariq Khan and Zeba Sajid. DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: The Indian Expresshttp://echometer.com/UserProfile/tabid/61/userId/536348/Default.aspx

Girls outsmart boys in Tripura HS

bir Debnath ranked fourth, Shubham Banik fifth and Sagar Paul of Umakanta Academy in Agartala secured the sixth position.Supratima Dutta stood seventh with 466 marks, Pallab Debnath of B.B. Institution with 464 marks came eighth, while Birat Debnath, Rismita Dhar and Krishnendu Saha jointly ranked ninth with 463 marks.Punit Debnath of Chandrapur Government Higher Secondary School in Gomati district was ranked 10th with 462 marks.Tanushree Biswas of Chandrapur Colony Higher Secondary School in Gomati district stood first scoring 451 in total and letter marks in five subjects from the humanities.Twenty-one schools secured 100 per cent pass rate.However, New Hindi Higher Secondary School and Chandrapur Higher Secondary School of West Tripura district had zero pass percentage. Science stream students grabbed the top 10 positions in this year's High Secondary examination, the results of which was declared by the Tripura Board of Secondary Education (TBSE) on Thursday.In terms of pass percentage, girls outshone boys' highest score of 79.1 per cent by achieving 81.91 per cent.Addressing a news conference here, TBSE president Bhabatosh Saha said, "The top 10 positions in the merit list were taken by the science stream students."Altogether 27,155 candidates, including 13,249 girls, appeared for the Higher Secondary exam from 400 schools."This year, the pass percentage increased to 80.51, slightly higher than last year's 78.62," Saha said.He added that 79.05 per cent, 84 per cent and 78.13 per cent of students from humanities, science and commerce streams respectively passed the exam. DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: The Telegraphhttp://www.subzerotyler.com/UserProfile/tabid/61/userId/107524/Default.aspx