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text 2020-09-03 01:59
Reimbursement by the UN for

 

The UN had a positive cash balance of USD 412 million at the end of 2010 but it finished 2018 with a negative cash balance of USD 323 million - a decrease of USD 735 million in an eight-year period. The United Nations is now effectively borrowing for prolonged periods from troop- and police-contributing countries.In his report on improving the financial situation of the world body, he said, as of March 31, 2019, the total amount payable to troop- and police-contributing countries with respect to active peacekeeping missions was USD 265 million. In some cases, TCCs and PCCs are owed 100 to 200 times their cumulative annual financial contributions to the UN," he had said."It results in TCCs/PCCs bearing unsustainable burdens.The United States is responsible for 22 per cent of the USD 5.The UN chief requested the General Assembly to increase the Working Capital Fund to USD 350 million effective July 1, 2019 and to create a Peacekeeping Working Capital Fund of USD 250 million and authorise its use to address the liquidity challenges of active peacekeeping operations among ways to help improve the financial situation of the world body and deal with timely payment of dues to troop and police contributing countries.Mr Guterres said while the UN is working to become more effective, nimble, accountable, transparent and efficient, the success of the organisations efforts depends not only on the internal efforts of the Secretariat, but also on the support of Member States and on the predictability and adequacy of their financial contributions to UN programmes and activities.The UN chief added that which troop- and police-contributing countries will or will not be paid depends on the cash position of the individual missions to which they contribute and is not determined by their individual capacity to shoulder that unfair burden." The overall level of unpaid peacekeeping contributions is also affected by the decision of one Member State to contribute at a level approximately 3 per cent below its applicable rate of assessment," he said. The level of arrears at the end of 2018 was USD 529 million, equivalent to more than 21 per cent of that years assessments and nearly 150 per cent of the liquidity reserves," he said.

Earlier this year, Indias Permanent Representative to the UN Syed Akbaruddin had said that the financial situation of the United Nations peacekeeping, particularly the non-payment/delayed payment of arrears to the troop/police contributing countries, is a "cause for concern".He said the arrears to troop and police contributing countries (TCCs/PCCs) could increase to USD 588 million by June 2019 "in the worst-case scenario"."Regrettably, some member states pay neither in full nor on time.. The delays in reimbursing the contributing countries expose them to financial challenges in pursuit of their efforts and consequently have an adverse impact on the operations and the delivery of their mandates," he said. The United Nations, however, is not fulfilling its obligation towards them in a timely manner," he said."Peacekeeping operations also face frequent cash constraints that forced the Organisation to postpone the settlement of its obligations to troop- and police-contributing countries," he said.Expressing concern about the organisations deteriorating financial health, the UN chief, said the UN is facing deepening liquidity problems in its regular budget, a trend that must be urgently halted and reversed.4 billion regular budget for 2018 and 2019 and more than 28 per cent of the USD 6.Of this, the UN owes USD 38 million to India, followed by Rwanda (USD 31 million), Pakistan (USD 28 million), Bangladesh (USD 25 million) and Nepal (USD 23 million), Antonio Guterres said in his report."That has created a paradox. In 2017 and 2018, 73 member states had paid their contributions in full by the end of the first quarter, compared with 62 in 2016 and 67 in 2015.United Nations: The United Nations owes India USD 38 million, the highest it has to pay to any country, for the peacekeeping operations as of March 2019, UN Secretary General Antonio Guterres has said as he voiced concern over the world bodys deteriorating financial health.

"Reimbursement by the UN for their contributions is key to supporting those efforts.As of the end of the 2017/18 peacekeeping fiscal year, outstanding contributions to peacekeeping operations amounted to almost USD 2 billion, well above the USD 1.7 billion peacekeeping budget for the year to June 30.3 billion unpaid as on June 30, 2017.Mr Guterres said that regular budget assessments are issued at the beginning of each year and member states are required to pay their contributions in full within 30 days."At the same time, the Organisation is asking those same countries to do more to train their personnel and improve the quality of their equipment, all while operating in increasingly challenging environments. tilting pad thrust bearing Manufacturers So far, 74 member states have paid in full in 2019.He had said that the practice of delaying payments to TCCs/PCCs, even as contractual obligations to others are met, cannot continue unaddressed.Antonio Guterres further said that troop- and police-contributing countries make every effort to provide well-trained and well-equipped personnel to peacekeeping operations, and they continue to improve on that objective. Many of them are low-income countries for which that imposes a significant financial burden," he said.

 

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text 2020-08-06 02:52
While the finer details of

 

The move, according to experts, addresses the decade-old grouse of home loan borrowers that banks are reluctant to pass on the rate cut benefits.Says PK Gupta, Managing Director, SBI: "The MCLR of a bank depends on a banks cost of funds. The difference between the two benchmark rates, being MCLR, will impact consumer on an annual basis while the repo rate home loan will impact consumer on immediate basis. However, the RBI has put this direction on hold and would be releasing a circular on it soon. More lenders are likely to follow suit, as SBI is the market leader with around 35 per cent of share of home loans.

While the finer details of the product are awaited, the interest rate on a home loan linked to the repo rate will be 8.55 per cent, which is 10 basis points over the one-year MCLR.Currently loans are linked to marginal cost of funds-based lending rate (MCLR). In the new product, if the RBI cuts interest rates, the borrowers will get the benefit immediately.”"In a repo rate-linked home loan, the differential (with MCLR) can be slide bearings Manufacturers higher, lower or even negative depending on the rate cycle," explained Gupta. While the RBI has cut the repo rate by 50 basis points between February and May to spur economic growth, MCLR has come down by a mere 21 basis points for new borrowers, and has actually risen by 4 basis points for old borrowers. Says Vipul Patel, Managing Director and Ffounder, MortgageWorld, a mortgage advisory firm, "MCLR is derived by a formula where repo plays a pivotal role. But the flip side is that if the RBI raises repo rates, lending rates will go up immediately. But the point is that this difference can shrink if the MCLR is revised downwards by SBI.

 

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text 2020-07-28 03:07
Preliminary work for the

 

MSRDC had decided to start the work from April 20, asking for three months to complete the same.“The present shock absorber bearings used in the Sion flyover have been bought from three different companies so they require proper measurement to be taken,” said one of the workers.According to an officer from the Maharashtra State Road Development Corporation (MSRDC), the order has been placed a being manufactured.As the work did not start in April due to the LS China plain bearings Factory polls in the city, MSRDC has decided to finish the work within one month as the monsoon is expected to hit the city next month.After getting permission from the traffic police, it has decided to finish the work within two months.Preliminary work for the Sion flyover has started Monday, with measurement of the shock absorber bearing currently underway.

The measurement has to be very accurate and we have to stretch ourselves to measure the bearings,” he added. This assumes significance as the present bearings had been bought from three different companies.“To reach the bearings up there is quite challenging. Officials are now planning to get the work done in a month’s time.A total 126 bearings will be replaced, and care will be taken this time to procure all 126 shock absorber bearings from the same supplier.The measurement work will take a couple of days after which the actual work will start, during which time the flyover will be closed to traffic.The traffic police is supporting the measurement work.

 

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text 2020-06-02 03:15
To celebrate her new body

 

Whatever I achieve, there will be two people who will say ‘You’re such a small thing. “I’ve been called Lilliput and ‘flat-screen’ a lot of times.Deepika has become an ambassador for skinny shaming only now, even though there were an army of people who have deal with unsolicited advice and an intrusive poke in the ribs on a daily basis. “She also struggles with self-esteem issues, because she believed she wasn’t pretty according to the pre-conceived beauty standards,” Khyati sighs.In no time, an army of keyboard warriors descended to post nasty comments on the upload, with some trolls criticising Deepika for looking “starved,” “malnourished” and “anorexic” others took the opportunity to advise her to eat better. Trolls had a field day on social media after the actress put up a photo of herself in a black slip dress from Vanity Fair photoshoot.Celebrity trainer Leena Mogre, who has in the past trained the likes of Kareena Kapoor Khan, Katrina Kaif, Madhuri Dixit Nene, Kangana Ranaut, and Salman Khan, rubbishes the claim that Deepika is anorexic or unhealthy. They have very high standards of beauty, and a very flawed one, if I can say that.

“A lot of times, people say things like I am lucky that I am thin because I have no issues to worry about.JULIE SAM Published: Jul 18, 2017, 12:04 am IST Updated: Jul 18, 2017, 12:04 am IST It’s high time, we look beyond these conventional standards and beauty types and really celebrate who we are: Khyati GAS TURBINE BEARINGS Deepika Padukone being trolled for her frame, in an instance, proves that thinness isn’t a privilege.Nutritionist Karishma Chawla says that in some cases skinny shaming can also translate into physical problems. To celebrate her new body, she unveiled a photoshoot with captions like “Lost excuses and found results”. One comment read, “I think ur still missing RS (Ranveer Singh) and going in depression…Get over it n eat something… (sic). The media professional has been bearing the brunt of her high metabolism rate for as long as she can remember.Neelima adds that the popular culture opinion that thin is desirable has made it difficult for people of her body-type to break the notion. How did you do it?’” she rues. It’s high time, we look beyond these conventional standards and beauty types and really celebrate who we are — neither of us have to be apologetic about our looks,” she concludes firmly. So, they’ve also given up on themselves,” she explains. “Deepika falls somewhere between an ectomorph, which means someone who is usually petite and underweight, and a mesomorph, which refers to an athletic body type,” she states.

 

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