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MNS workers storm govt office amid rage over pothole deaths

Members of the Raj Thackeray-led Maharashtra Navnirman Sena (MNS) today attacked a government office in adjoining Navi Mumbai, to vent their ire over potholes dotting the 39-km stretch between Sion and Panvel. Accidents on pothole-riddled roads have claimed five lives in adjoining Thane region since last month. The victims lost balance and fell as their two-wheeler hit potholes.

The MNS workers stormed in the office of the Public Works Department (PWD) at Turbhe claiming that the Sion-Panvel road is dotted with potholes and has endangered lives of commuters. The protesters shouted slogans, smashed office equipment, threw chairs, pulled down cupboards and smashed window panes, computer terminals, CPU and printers in the office, police said.

They shouted slogans against public works minister Eknath Shinde of Shiv Sena and demanded registering of offences against those responsible for the "shoddy" condition of roads. The demanded that officials concerned be booked for murder in cases of pothole related deaths. An official of the APMC police station said offences have been registered against the protesters.

"If people are dying due to poor condition of roads, MNS will continue to undertake such actions. If the roads are not repaired, the next target will be Mantralaya, the state secretariat in south Mumbai," Navi Mumbai MNS unit chief Gajanan Kale said.

Reacting to the incident, Raj Thackeray said, "If the government can't see potholes, it will at least see this protest". Meanwhile, a video of the PWD office attack has gone viral on social media.

On Saturday, Maharashtra PWD minister Chandrakant Patil appeared to make light of deaths due to potholes, when he said,
"When you talk about a death in such an accident, you forget that five lakh other people have travelled on the same
road. You can not put the entire blame on the (condition of) roads alone."

The MNS protest came a day after Congress workers in Mumbai counted potholes in suburban Bandra as part of its "Aao Potholes Giney" (Come, let us count potholes) campaign, accusing the Shiv Sena-ruled Brihanmumbai Municipal Corporation of not being prepared for the monsoons.

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Shamita Shetty's driver abused and beaten up in Thane road rage

Bollywood actress Shamita Shetty's driver was bashed up by a motorist and his friends in Majiwada, Thane. The incident took place followed by an accident in Thane on Tuesday afternoon. According to reports, Shetty travelled from Andheri to Thane for some personal work, when a car rammed into her BMW from the rear near Viviana Mall, Majiwada. When her driver got off the vehicle to check for any damages, the motorist and two of his friends started abusing him.

Following the incident, Shamita's driver approached Rabodi police station and filed a complaint against the attackers. The police have already managed to identify the vehicle and are currently working on tracing its owner. Meanwhile, Rabodi police have also registered a case against the trio under Sections 279, 323, 427, 504, 506, and 34 of the Indian Penal code.

Shamita Shetty, sister of actress Shilpa Shetty Kundra, is a Bollywood actress and an interior designer. She made her Bollywood debut in 2000 with the blockbuster Mohabbatein. Her portrayal in the film earned her the IIFA Award for Star Debut of the year.  She also featured in a couple of movies later and her notable work includes Zeher, Mere Yaar Ki Shaadi Hai, Bewafa and Cash. She was also a contestant on Bigg Boss, the reality show in 2009.  She is currently a contestant on the reality show season 9 of Colors, Fear Factor: Khatron Ke Khiladi. She had endorsed Pantene with her sister Shilpa Shetty Kundra for a year. She has also been associated with brands like Audi, Aldo, IIJAS Jewellery exhibition and many more.

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Fitbit to leverage Google Cloud for improved health care

Representational picture

San Francisco: Global wearable brand Fitbit has announced to use Google's new Cloud Healthcare API to help the company integrate further into the healthcare system, such as by connecting user data with electronic medical records (EMR). Combining Fitbit data with EMRs can provide patients and clinicians a more comprehensive view of the patient profile, leading to more personalised care, the company said in a statement late Monday.

"Working with Google gives us an opportunity to transform how we scale our business, allowing us to reach more people around the world faster, while also enhancing the experience we offer to our users and the healthcare system," said James Park, co-founder and CEO of Fitbit.

"This collaboration will accelerate the pace of innovation to define the next generation of healthcare and wearables," he added.

The companies will also look to help better manage chronic conditions like diabetes and hypertension by using services such as Fitbit's recently acquired "Twine Health".

Using Google's Cloud Healthcare API, "Twine" can make it easier for clinicians and patients to collaborate on care, helping lead to better health outcomes and positive returns for employers, health plans and hospitals.

"At Google, our vision is to transform the way health information is organised and made useful. By enabling Fitbit to connect and manage key health and fitness data using our Google Cloud Healthcare API, we are getting one step closer to this goal," said Gregory Moore Vice President, Healthcare, Google Cloud.

"Together, we have the opportunity to deliver up-to-date information to providers, enhancing their ability to follow and manage the health of their patients and guide their treatment," he added.

Google Cloud will provide Fitbit with next-generation cloud services and engineering support, allowing Fitbit to scale faster.

Fitbit products are carried in over 45,000 retail stores and in 86 countries.

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One Less God Review - A rather pretentious mimicking of real tragedy

One Less God

U/A: Drama, Thriller
Director: Lliam Worthington
Cast: Joseph Mahler Taylor, Sukhraj Deepak, Mihika Rao
Rating: 

As a film that hopes to capture the terror heralded by the 26/11 attacks on Mumbai, 'One Less God' is rather feeble, nondescript and ineffective. The scope is narrow and the budget too small to do justice to a disaster that is amongst the most unforgettable in recent history. This is drama written around a real-life crisis but at no point does it feel real. The 2008 Mumbai attacks included a series of terrorist strikes that felled 164 people across south Mumbai - carried out by 10 members of the Laskar-e-Taiba, an Islamic terrorist organisation based in Pakistan. But none of that drama or tragedy is captured here with any grit or enticement.

The Mumbai siege is presented in a slap-dash fashion that never really gets the audience involved. The focus is largely on the Taj Mahal hotel and what it's guests went through in the final hours before their falling victim to the terrorist onslaught. The film focuses its efforts on the men and women attempting to survive, while intermittently cutting across to the two men perpetrating the attack. The bits of humour that creep in at odd times appears to be in bad taste.

Check out the trailer here:

Everything here seems rather pretentious and ineffective. The general cross-national mix of characters, their touristy experiences and the aftermath of the siege may have some diverse moments but we never feel attached or interested enough to be affected. There are barely any validating moments here. The performances are bad, the direction is sloppy, there are continuity breaks that look ridiculous, the art direction and production values leave a lot to be desired. Even the attempt to go one-up on the much awaited Dev Patel, Armie Hammer, Nazanin Boniadi, Jason Isaacs starrer 'Hotel Mumbai'- (a film that covers the same territory), by releasing earlier, reeks of Opportunism.

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The Least Of These: Inconsistent drama based on real-life tragedy

The Least Of These
U/A: Drama
Dir: Aneesh Daniel
Cast: Sharman Joshi, Stephen Baldwin, Shari Rigby
Ratings: 

Aneesh Daniel's attempt to relook at real-life events that triggered the grisly murder of Graham Stuart Staines - Australian born evangelist/poor leprosy patients' caregiver, living and working in the remote regions of Orissa - is a rather tame experience.

It's obvious the filmmakers were eager to avoid any confrontations with right-wing fanatics, who had a major role to play in triggering the gruesome killing of Staines (Stephen Baldwin) and his two sons. Don't know how much of a spoiler the censor board played in this regard, but needless to say, this is a largely sanitised version of the truth and does a great disservice to the lives lost in the throes of a communal crossfire. Defanged of the court ordained facts, including the name of the convicted killer (Dara Singh) and his right-wing Hindu fundamentalist political affiliations, this film merely plays around with the 'conversion' issue.

The narrative device employed here is in itself flawed. It's the late 1990's. Journalist Manav Banerjee (Sharman Joshi) moves with his pregnant wife to a small town in Orissa. The editor (Prakash Belawadi) of the New Orissa Daily treats him like a stringer and expects him to coerce stories about forced conversions from the villagers. Manav, who shuns lepers and is clearly biased against Christian groups, would rather do the exposé without being personally involved. But his editor deems it necessary that Manav himself play victim to the conversion hoax to expose the Australian missionary's so-deemed unlawful activity. With his wife delivering prematurely and costs of hospitalisation mounting by the day, Manav is forced to toe the line.

While forgiveness plays an important part in this misrepresented drama, it doesn't have the effect of a great act here. It is depicted so ineffectually that there is little impact on the viewer. The actors are either over-the-top or inconsistent. Joshi overstates his eagerness by repeating phrases like 'I am a journalist' and 'He is a leper'. Scripting by Andrew E Mathews is so slack that his turnaround defies logic. Even Baldwin and Shari Rigby fail to arouse empathy. Technically too, this film is not upto the mark. The direction, editing and cinematography lack distinctive focus. This unaccomplished production doesn't amount to anything!

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Radio City Encourages Listeners To Stay Indoors With Ghar Se Na Niklenge Anthem

The nation has come to a standstill as people have been asked to stay at home and observe social distancing to curb the spread of the virus. Motivating people during this tough situation and encouraging them to continue staying indoors, Radio City, India’s leading radio network launches ‘Ghar se na niklenge’ anthem. In addition to staying indoors, the foot tapping anthem urges citizens to come forward and support the nation by donating for the PM Cares Fund.

Radio’s City’s ‘Ghar Se Na Niklenge’ Anthem has been voiced by famous Bollywood singers like Divya Kumar, Benny Dayal, Asees Kaur, Meghna Mishra, and Nakash Aziz. The anthem is being aired across Radio City’s Hindi Speaking markets. Making the audience match steps with their groovy dance moves, the music video of the anthem features Radio City RJ’s along with artists like Sahil Khattar, Sushant Poojary, Paul Marshal, Rahul Shetty, Deepak Singh, Himanshu Parihar, Hiten Shah, Vaibhav G, Manan Sachdeva, Shashank Dogra, Aishwarya Radhakrishnan, Dhruv Dutt, Sonali Kar, Macedon D Mello, Sanam Johar, Abigail Pandey, Raveena Chaudhary, and Sneha Kapoor. The video will be amplified extensively across Radio City’s social media handles, including Facebook, Instagram, YouTube, and TikTok.

Sharing his thoughts on the anthem, Mr. Kartik Kalla, Chief Creative Officer, Radio City, said, "It’s been over a month and a half that we’ve been in lockdown and needless to say, it’s becoming increasingly tough to stay positive and motivated through it all. However, maintaining social distancing and staying at home is critical to flatten the curve. Radio City has always strived to utilise the power and reach of radio to connect with its audience and bring a positive change in the society. The ‘Ghar se na niklenge’ anthem is yet another creative approach from the Radio City’s AudaCITY team to not only entertain our listeners but also create awareness of the importance of staying indoors. We also support our Honourable Prime Minister’s message and through this anthem are encouraging our listeners to donate for the PM cares Fund. I would like to thank all the artists who have come forward and supported us in this initiative."

Speaking about the initiative, Batameez Dil singer, Benny Dayal said, "Amidst such unprecedented times when the world is grappling to fight the Coronavirus pandemic, staying home is the only way to prevent the spread of this deadly virus. Music has the power to bring people together, uplift mood, and provide comfort. A huge shout out to the Radio City team for making me a part of the ‘Ghar se na niklenge’ anthem and spread joy in others’ lives. I humbly request everyone to stay home and stay safe."

Sharing his thoughts on the anthem Actor, Indian Youtuber and Television host, Sahil Khattar said, "It is imperative for people to stay indoors to safeguard themselves and others as well. Radio City’s ‘Ghar se na niklenge’ anthem has brought all of us together to cheer up the audience. We need to understand the gravity of the situation and stay united in making the purpose of this lockdown a success. Let’s stay at home and defeat this pandemic together."

Speaking about the Radio City’s ‘Ghar se na niklenge’ anthem, the Shubharambh singer, Divya Kumar said, "I am elated to lend my voice to the ‘Ghar se na niklenge’ anthem by Radio City. I think it is our collective responsibility as citizens to abide by the rules and stay indoors for our nation. I am certain that this anthem will make you groove to its tune and help spread some positive vibes amidst the tough times."

The second phase of the campaign will be spearheaded by Pepeta choreographer, Rajit Dev, who will launch #RadioCityNamasteChallenge, a digital campaign that will urge viewers and listeners of Radio City to come up with their version of the hook step of the anthem and share it on their social media handles, tagging Radio City.

Radio City’s ‘Ghar Se Na Niklenge’ Anthem, is a collaborative effort of Radio City team and established Bollywood singers, TV personalities, social media influencers, and industry choreographers, who have joined hands to bring a smile to people’s faces and help them understand the importance of not leaving their homes during the lockdown.

You can watch The Radio City’s ‘Ghar Se Na Niklenge’ Anthem here: 

About Radio City:

Radio City, a part of Music Broadcast Limited (MBL) is a subsidiary of Jagran Prakashan Ltd. Being the first FM radio broadcaster in India and with over 17 years of expertise in the radio industry, Radio City has consistently been the number one radio station in Bengaluru and Mumbai with 24.5% and 15.7% average listenership share respectively. (Source: RAM Data, TG: 12+ Period: Week 1, 2013 to Week 21, 2019). Radio City Delhi ranks #2 with 13.4% average listenership share (Source: RAM Data, TG: 12+ Period: Week 1, 2019 to Week 21, 2019).

Music Broadcast Limited currently has 39 stations across 12 states, comprising 62% of the country’s FM population. Radio City reaches out to over 69 million listeners in 34 cities covered by AZ Research 2019 (Source: AZ Research Report). The network provides terrestrial programming along with 18 other web-stations, through its digital interface, www.radiocity.in.

Radio City has spearheaded the evolution of FM radio by offering content that is unique, path-breaking and invokes city passion amongst listeners with its brand philosophy of "Rag Rag Mein Daude City". The network introduced humour and the concept of agony aunt on radio with Babber Sher and Love Guru respectively. It also initiated Radio City Freedom Awards, a platform to recognize independent music and provided a launch pad to budding singers with Radio City Super Singer, the first singing talent hunt on radio.

Radio City bagged 73 awards across national and international platforms like Golden Mikes, India Radio Forum, New York awards, ACEF awards etc. in 2018-2019. Radio City has consistently featured for the 7th time in ‘India’s Best Companies to Work For’ study conducted by Great Place to Work Institute. In 2019, Radio City ranked 6th in ‘Best Large Workplaces in Asia’, according to the GPTW survey. Radio City has also been recognized in ‘India’s Best Workplaces for Women – 2019’ and has ranked amongst the Top 75 organizations on the list.

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Aurangabad train tragedy: Why migrants are still walking on tracks

'Videsh se log flight se laye ja rahe hain, aur gareeb patri par mar rahe hain (People are being brought back from abroad on flights and the poor are dying on railway tracks)," said a migrant, who was walking on the tracks to reach his hometown in UP, about the tragic incident at Aurangabad. Most migrants are aware of it, but choose to walk on the tracks to avoid police action on the highways.

They fear they will be stopped from walking home and beaten and quarantined by the police. Speaking to mid-day, many of them said they don't have a choice.

mid-day has been reporting about the plight of the migrants who claim the government is not helping them with food and have also spent all their money since the lockdown began as they have been out of work. Many of them also claimed they decided to walk home as despite giving all required documents to board the special trains, local authorities are not telling them of the next procedures. Some of them decided to walk as they don't have the required documents. After the disturbing sight of hundreds of migrants walking home on highways, comes another such sight of them walking on railway tracks.


Tukaram Kuldip and his friends are walking from Mumbai Central to UP

Tukaram Kuldip, a resident of Basti, Uttar Pradesh, started walking from Mumbai Central on Thursday night, and by Friday morning had reached Thane. "We are a group of 30 people going to Basti. We submitted relevant documents at Nagpada police station to board the special trains, but there is no response. We are starving. Sarkar theek hai achche ke liye band kiya hai, lekin ham gareebon ka kya ? Videsh se log flight se laye ja rahe hai aur gareeb patri par mar rahe hai. (It's good the government has implemented the lockdown, but what about us poor people? People are being brought back from abroad on flights and the poor are dying on the railway tracks) We heard about the Aurangabad incident. Nobody wants to die like that but we have no options left. Ghar par hamare log bhi hain. (We have family at home)."

'Should we starve here?'

Another group of 30 migrants was walking on the railway tracks near Mulund railway station. A member of the group, Jalaluddin Khan, told mid-day. "We know it's dangerous. So should we starve here? Should we get beaten up by the police? Nobody knows what we are going through since the past one month. We are given half-cooked rice by the local civic corporation to eat once a day. We just want the government to take us home." This group belongs to Basti, Uttar Pradesh.

"Our group members submitted the forms at the concerned police station for the special trains but they got rejected. We don't know why. No one told us anything. We will see if there are any arrangements in Thane, otherwise we will continue walking," Khan said.


Udaybhan Yadav and his family are walking to Basti 

Another migrant worker, Udaybhan Yadav, a resident of Basti, started his journey from Mulund along with his wife and eight-year-old child. Yadav used to work at a hotel in Mumbai. "My parents are worried about us as we have no money and are not getting enough food here. We don't know when things will return to normalcy."

Railway speak

"We have been on alert since the lockdown was announced. The gateman and the keymen have been briefed to alert us about the movement of migrants. We have been counselling and taking action against those walking on the tracks," said Atul Pathak, IG Central Railway Mumbai division.

Inputs by Vishal Singh

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Made in Heaven co-director Prashant Nair: Busy working on the Uphaar Cinema tragedy

He stood shoulder-to-shoulder with Zoya Akhtar, Reema Kagti, Nitya Mehra and Alankrita Shrivastava as he co-directed the much-loved Amazon Prime series, Made In Heaven, last year. However, before the second season goes on floors, Prashant Nair has made a graceful exit from the picture. The Spain-based filmmaker is instead consumed with bringing a real-life story to the screen.


A still from Made in Heaven 

"I am not part of the second season as I am working on a web series based on the Uphaar Cinema tragedy," says Nair, referring to the 1997 fire at the Delhi theatre that had claimed 59 lives and injured over 100 people. "I am the show-runner, director and creator of the series that is being developed with Endemol Shine India. It's currently in the research phase," he adds.


Prashant Nair

It has been a memorable week for the filmmaker, whose latest offering, Tryst with Destiny, won the Best Screenplay award at the Tribeca Film Festival. "The organisers kept the competition section open virtually so that [the jury] can watch the links. When they announced the win, I was in my pyjamas at 2 am, feeling remarkably unglamorous, reading Danny Boyle's lovely feedback on the movie," he laughs. Though glad that the Viineet Kumar Singh-starrer has received acclaim, Nair feels rather disconnected from the win. "I wanted to experience this moment with my cast and crew. And damn, we didn't even get a selfie with Robert De Niro [who is the co-founder of the festival]!"

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Average time spent on TV in Mumbai grew by one hour and 42 minutes in COVID-19 era: Report

Compared to the pre-COVID period, television viewership in India increased by 40 per cent as more and more people stay at home due to the restrictions, said a report on Thursday. In the week starting April 11, individuals watching TV for all seven days increased to 48 per cent, according to the latest report by TV viewership monitoring agency BARC (Broadcast Audience Research Council) and data measurement firm Nielsen.

For the study, the pre-COVID-19 period referred to January 13-February 2. The highest growth in TV viewership was recorded in some of the biggest metros like Delhi and Mumbai, according to the report.

The results showed that viewership growth in the 15-21 age group is driven largely by the urban market. he 15-21 age group contribute to 16 per cent of the total TV viewership in India, said the report.

Compared to the pre-COVID period, average time spent on TV in Mumbai grew by one hour and 42 minutes. In Delhi, the time spent rose by around an hour and 26 minutes. In Mumbai and Delhi, where COVID-19 cases are among the highest in the country, news consumption on TV grew by 251 per cent and 177 per cent respectively.

Growth in movie viewership is coming largely from pay platforms across urban and rural markets - 82 per cent and 69 per cent respectively. News stays strong in the Hindi speaking market with over 200 per cent growth in week 15 over the pre-COVID period, said the report.

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Aamir Khan encourages budding scriptwriters to write more enthusiastically; will announce winners of script contest on social media 

In 2017, Aamir Khan started a project to boost budding writers in the Indian film industry. The second edition of Cinestaan India's Storyteller Script Contest, a nationwide hunt for scripts where the five winners take home a total cash prize of Rs. 50 lakh was launched this February. From the past few months, the four-member jury consisting of Aamir Khan, Anjum Rajabali, Juhi Chaturvedi and Rajkumar Hirani has gone through numerous entries to choose five compelling stories that can be taken to screen. 

However, this time instead of the on-ground event to announce the winners, Aamir Khan will unveil the winners on social media. Meanwhile, Khan is urging writers to not let the prevailing situation dampen their creativity. He said that budding writers should write with more enthusiasm, especially during these times. 

Says Rohit Khattar, Chairman of Cinestaan Digital, “I am grateful to our esteemed jury in working with us to bring Indian storytelling talent to the forefront especially during these surreal times. Thank you to the thousands of writers who had applied. The quality of the work was stellar and we would like to congratulate the winners who are truly deserving and wish them success.”

Speaking about the winners, Anjum Rajabali, the Jury Chairperson said, ‘We started this contest with the larger objective of attracting more people to write scripts. It’s very important that we improve the quality of our scriptwriting so that the quality of our cinema goes up. The caliber of scripts in this edition was better than last year and it’s heartening to see that the talent is developing. Thank you to the jury members for giving their valuable time in reading and assessing the scripts. Truly appreciate the Cinestaan team’s hard work. I have not seen this kind of unconditional support and generosity before, with the only reward being to encourage good writing in this country.’

Juhi Chaturvedi says, ‘As a writer, I understand the joy of being appreciated, especially on a big platform like this which motivates us to write more. Congratulations to the winners. I’m very happy that through this contest I was able to be a small part of your journey.’

Raju Hirani while congratulating the winners said, ‘I’m happy that the objective with which this contest was started, to inspire scriptwriters and give them a platform to send their scripts from all parts of the country - slowly and steadily we are moving towards our goal. The caliber of scripts this year has been better than last year.’

All the entries of the second edition of the contest went through a transparent and stringent process of evaluation at various levels. The shortlisted synopsis were asked to send in a complete script which were then assessed and then the winners selected by the jury. All scripts have been registered by the contestants with the Scriptwriters Association and other similar recognized bodies to ensure that the writers' content is completely protected.

‘Cinestaan India’s Storytellers Script Contest’ was launched by Cinestaan Digital Pvt. Ltd. and is India’s biggest Script Contest. The winners of the contest are awarded cash prizes worth Rs. 50 lakhs.

ALSO READ: Aamir Khan dismisses distributing money to the poor in wheat bag, says “Robin Hood doesn’t want to reveal himself”




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Lockdown 3.0: Andhra Pradesh hikes liquor prices by 50 percent to discourage consumption

A day after reopening the liquor shops, Andhra Pradesh government on Tuesday increased alcohol prices by 50 per cent. The government said the move was aimed at discouraging liquor consumption. The shops had reopened on Monday with a hike of 25 per cent in liquor prices.

However, the hike failed to deter the tipplers, who gathered in large numbers at the shops across the state, flouting the social distancing norm to check the spread of COVID-19. As the scenes of long queues and chaos raised fears of further spike in the number of corona cases in the state and the government came under criticism for encouraging liquor sale during a pandemic, it hiked the prices by 50 per cent on Tuesday.

Officials said the new prices will come into force with immediate effect. However, shops will open only after the issue of formal orders and the new prices are updated online. There was utter confusion on Monday when the shops reopened for the first time after the lockdown began as the prices following 25 per cent hike were not updated online.

The government claimed that another 50 per cent hike has been taken as further step towards discouraging alcohol consumption. With the latest hike the prices have increased by 75 per cent in two days. Officials said the latest decision was taken to discourage liquor consumption in view of the conditions that prevailed on Monday.

The YSR Congress Party (YSRCP) government said the number of liquor shops would be further reduced by 15 per cent by the end of this month. The YSRCP, which had promised total prohibition, started phase-wise implementation after coming to power in May last year.

As a first major step towards prohibition in October last year, the Jagan Mohan Reddy government took over the state. The state-owned Andhra Pradesh Beverages Corporation Limited (APBCL) took control of the liquor shops from private contractors after reducing the number of outlets to 3,500 from 4,380 earlier.

In December, the government had claimed that as a result of its steps the liquor consumption came down in the state.e retail liquor business and increased the price to discourage consumption.

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Fire breaks out at Shivneri luxury buses garage in Pune

Pune: Fire broke out at a garage of Shivneri luxury buses in Pune on Wednesday. The garage of Shivneri luxury buses is owned by Maharashtra State Road Transport Corporation (MSRTC). "Two fire tenders along with two water tankers are present at the spot," officials told ANI.

However, no casualties have been reported so far. Further details in the matter are still awaited.

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ACID - Astounding Courage In Distress

Even after 70 years of Independence, there is a segment of our society which has not freed from Its narrow-minded mentality. It's a segment of male dominating society which consider women inferior to men and make them deprived of the respect they deserve for. Women is the mother of a society and a good society can never be made without respecting women. There are women in society who decide to fight for their rights. ‘Astounding Courage In Distress’ is the story of such a girl Ruhana, who doesn't loose her hope in adverse conditions and fight bravely for her rights and achieve her target. Ruhana becomes a role model for society. Ruhana, born in a poor Muslim family of Pratapgarh, is a lovely daughter of her parents. Her parents want to educate her so that she can be successful in life. Ruhana is also a hardworking girl. The small family is very happy but one day Abbu (Ruhana's father) dies in a accident. A big struggle starts for the family. Poverty has become a nightmare for them. Ruhana gets the news that her school has organized a race with a prize money of Rs 5000. Ruhana registers her name for the race. She hides this from her mother, Shabana because she won't allow Ruhana to participate in race because of board exams. Abhishek is the sport teacher in Ruhana's school and he is training all participants for this race. Abhishek is very hard at rules. He gets impressed by Ruhana’s hardwork and trains her specially. Meanwhile, Bilaal, a distant relative of Ruhana, comes to India from Dubai for watching a Property. Bilaal is sad for the death of his cousin brother and helps his family in this tough time. Ruhana takes Bilaal as father figure. After some time, he goes back to Dubai. Shabana starts working in a shop. She does mistakes and get insulted. Its painful for Ruhana and therefore she gives training to her mother about all products in the shop. This makes Shabana's job very easy. Ruhana takes all responsibilities of family and simultaneously also prepares for race and board exams. Bilaal comes back India and this time he goes with Shabana, Ruhana to watch a girl for marriage. He rejects the girl and Ruhana makes fun of whole incidence. One day, Bilaal is sitting with his friends and they talk about marriage. His friends advise him of marrying Ruhana as they think she loves him that’s why she is coming so close to him. This changes Bilaal’s way of thinking and he keep this proposal in front of Shabana. He also creates problem in Ruhana’s school life. Shabana asks Bilaal to leave them which makes him furious and he decides to take a revenge on them. He also attacks Abhishek in frustration. Shabana and Ruhana forget this all and starts living happily. Ruhana not only comes first in race but also comes top in her board examination. Everything is going good but suddenly something happens which puts a big question on her future, her dreams, her life. An Acid attack which burns not only her body but also her dreams. Her future depends only on her strong determination. Will the double standard hypocrites of society survive the willpower and strong determination talented girl?




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Why Arbitrage Funds can be a Worthwhile Bet amidst the COVID-19 Pandemic

Posted by Equitymaster
      

During the COVID-19 lockdown, individuals are losing patience -- moving freely and not following the necessary social distancing. This lack of civic sense and maturity on their part is weakening our fight against the deadly contagion pathogen.

The capital markets, as a result, also has witnessed intense volatility and bears are running lose. Certain sections of investors, however, have shown tremendous maturity during these challenging times.

At a time when Foreign Portfolio Investors (FIIs) have net sold or dumped Indian equities (owing to markets worldwide falling sharply and margin calls being hit), domestic fund managers are looking for value-buying opportunities in the carnage of the markets.

It is also heartening to see retail and High Net-worth Individuals (HNIs) buying into various equity-oriented mutual funds in a lump sum as well as the SIP (Systematic Investment Plan) mode. Monthly SIP inflows have touched a record high in March 2020 and the SIP folios, too, surged to 3.12 crore.

However, in debt-oriented schemes, investors seem to be pressing the panic button. The mutual fund industry recorded a net outflow of Rs 1.95 trillion in March 2020. Barring Overnight Funds and Gilt Funds, all other sub-categories of debt mutual funds have reported an outflow in March 2020.

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Advance tax payment obligations, deterioration in asset quality, potential risk of defaults in the COVID-19 lockdown, and heightened volatility in the Indian debt market are some of the key reasons for outflows from debt-oriented mutual schemes.

[Read: Why Investors Pulled Out Money from Debt Mutual Fund Schemes in March]

The massive outflows were also seen from the Liquid Funds and Arbitrage Funds.

Table 1: Action in March 2020
Mutual fund category Rs in Crore
Net outflows in March 2020 Net AUM as on March 31, 2020
Arbitrage funds -33,767 52,210
Liquid funds -1,10,037 3,34,725
Overnight funds 26,654 80,174
(Source: AMFI, PersonalFN Research)

Unprecedented redemptions in the Arbitrage Funds and Liquid Funds, as well as the net inflows recorded by the overnight funds, suggest that investors preferred safety over returns. As you know, liquidity is a key concern as the world continues to fight the COVID-19 pandemic.

Some arbitrage schemes such as Tata Arbitrage Fund and ICICI Prudential Equity-Arbitrage Fund had stopped taking in fresh subscriptions in the third week of March 2020 for the lack of arbitrage opportunities as markets faced broad-based selling.

But now markets are finding some sort of stability and bouncing back -- rallied over 20% from March lows - although the bears continue to run loose.

So, is it a time to consider arbitrage funds again?

Yes, I think so.

Arbitrage Funds aims to exploit the price differential in two different segments (spot and futures or cash and derivatives) of the equity market. They buy stocks in the spot market and sell in the future market simultaneously thereby making gains with the price differential (called the spread).

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The differential usually is in sync with the prevailing interest rates in the economy; but depending on the market volatility, it could sometimes be higher as well. That being said, these are short-term opportunities that spring up due to lack of information to a set of market participants in one of the markets.

The capital market regulator's mutual fund categorisation and rationalisation mandates that an Arbitrage Fund must strictly follow the arbitrage strategy and invest at least 65% of its total assets in equity & equity related instruments.

Since the transactions are in either direction, the positions are completely hedged. And the remaining 35% of the total asset is deployed in debt and money market instruments.

In March 2020, when the stock futures started quoting at a discount to the spot prices in the cash market, it was a concern. But now that we have seen some sharp up-moves in the Indian equity markets as the government has done relatively well in containing the spread of the deadly virus (compared to other nations) and thanks to the prompt fiscal measures also have been taken -- both by the Ministry of Finance (the Rs 1.75 trillion package) and the Reserve Bank of India (by reducing policy rates sharply, keeping monetary policy stance 'accommodative as long as it is necessary', and ensuring enough liquidity in the system) -- in my view, it would be perceived positively by the markets in times to come and enough arbitrage opportunities would be available. It is possible that Arbitrage Funds may even perform a tad better vis-a-vis Liquid Funds.

Table 2: Report Card of Arbitrage Fund, Liquid Funds and Short Duration Funds
Scheme category Returns (Absolute %)
1 Month 3 Months 6 Months 9 Months 1 Year
Ultra-Short Duration Fund 0.65 1.44 1.89 4.91 6.51
Arbitrage Fund 0.04 1.33 2.58 4.18 6.28
Liquid Fund 0.58 1.37 2.69 4.21 6.02
Overnight Fund 0.22 1.02 2.25 3.58 5.1
Short Duration Fund 1.43 1.97 3.45 5.06 5
Crisil Liquid Fund Index 0.49 1.4 2.83 4.43 6.32
Nifty 50 Arbitrage Index -0.17 0.85 2.02 3.62 5.8
Category average returns presented
Data as on April 17, 2020
(Source: ACE MF, PersonalFN Research)

Over the last one year, the returns generated by Arbitrage Funds have been quite satisfactory. In fact, these funds have outperformed those clocked by Liquid Funds. The 3-month returns clocked by Arbitrage Funds have been almost at par with Liquid Funds.

Do note that an Arbitrage Fund carries low risk and the returns depend on the market conditions and fund manager's ability to reap rewards from arbitrage opportunities.

Short-Term Capital Gains (i.e. realised profits within a year) on arbitrage funds are taxed at 15%, while the Long-Term Capital Gains (i.e. gains made after staying invested for more than a year) are taxed at 10% for gains above Rs 1 lakh in a financial year.

To park money for the short-term for an investment time horizon up to 1-year, you may consider investing in an Arbitrage Fund.

And if you have an extreme short-term time horizon (of 3 to 6 months), consider a Liquid Fund with high-quality debt papers, which does not have high exposure to Commercial Papers (issued by private entities).

Alternatively, if you wish to park in a much safer category, you would be better off investing in an Overnight Funds.

Happy Investing!

PS: If you wish to select worthy mutual fund schemes, I recommend you to subscribe to PersonalFN's unbiased premium research service, FundSelect.

Additionally, as a bonus, you get access to PersonalFN's popular debt mutual fund service, DebtSelect.

Each fund recommended under FundSelect goes through our stringent process, where they are tested on both quantitative as well as qualitative parameters.

Every month, PersonalFN's FundSelect service will provide you with insightful and practical guidance on equity mutual funds and debt schemes - the ones to Buy, Hold, or Sell.

If you are serious about investing in a rewarding mutual fund scheme, Subscribe now!

Join Now: PersonalFN is now on Telegram. Join FREE Today to get 'Daily Wealth Letter' and Exclusive Updates on Mutual Funds

Author: Rounaq Neroy

This article first appeared on PersonalFN here.



PersonalFN is a Mumbai based personal finance firm offering Financial Planning and Mutual Fund Research services.

Disclaimer:
The views mentioned above are of the author only. Data and charts, if used, in the article have been sourced from available information and have not been authenticated by any statutory authority. The author and Equitymaster do not claim it to be accurate nor accept any responsibility for the same. The views constitute only the opinions and do not constitute any guidelines or recommendation on any course of action to be followed by the reader. Please read the detailed Terms of Use of the web site.




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Goans skip beaches, hit hinterland to beat summer heat, encourage agro-tourism



While tourists from across the world come to Goa to enjoy on its picturesque beaches, the locals have of late been holidaying in the state's hinterland to get respite from the summer heat and humidity. Several Goans have been rushing these days to the riverfronts in the rural talukas of Sanguem in South Goa district and Sattari in North Goa district, thus encouraging a new trend of 'agro-tourism' in the state.

There are at least 100 farms in Goa, which operate seasonally, mostly in summer, away from the beaches, a senior state tourism official said. "While foreign and domestic tourists enjoy on the beaches, the locals in the beach belt try to search for something else. The agro-tourism has, thus, come as a good alternative," Goa's tourism minister Manohar Ajgaonkar said. The state government plans to provide all possible help to boost this hinterland tourism, he said.

"We aim to provide a diverse experience to the visitors. They should know all facets of Goa, right from beaches to our green hinterland," Ajgaonkar said. Prashant Desai, the son of former panchayat minister Venkatesh Desai, has turned a bushy patch at Advai village in Sattari into an agro-tourism destination. "The initial concept was to have modern farming with the cross plantation of banana, areca nut, coconut, papaya, lemon and other trees. But, a few of my well-wishers suggested that I should develop this place into a farm to attract tourists," he said. Now, the locals in large numbers throng the place, famous as the 'peacock farm'.

"My weekends since last four months have been full and now with the vacations on, we have advanced bookings even on weekdays," Desai said.
He claimed that about 90 per cent of the people coming to his farm were locals, while 10 per cent were visitors from other places, including Mumbai, who got to know about it through the social media. In the hinterland, one can also find inspirational stories of aspiring tourism entrepreneurs. Ramchandra Salgaoncar, who manages a papaya farm at Bhironda village in Sattari, left his cushy corporate job to venture into 'agro-tourism'. "I left my job in October last year and since then have been associated with this project of agro-tourism. It is a satisfying experience," Salgaoncar said. While Goa has the image of being a beach destination, several hotel owners from the coastal belt drive to Salgaoncar's farm to enjoy a quiet vacation during weekdays.

"The hoteliers are busy during weekends at their own resorts, so they can spare time to visit the farm only on weekdays," he said. The agro-tourism concept has been welcomed by professionals from various fields in the state and also young students, who prefer to skip weekends and get some discounts during weekdays to enjoy at these farms, Salgaoncar said. "The concept of tourism has changed. Now, people don't want to go to public places with their families. They want a private space where their families can safely enjoy. That is where small farms like ours flourish," he said. The Tanshikar farm in Sanguem taluka has been among the first few 'agro-tourism' ventures. Chinmay Tanshikar, who turned his ancestral farm into a tourist attraction, claimed that the number of visitors to his place has been increasing every year. "The word of mouth publicity works better than any other media campaign," he said.

Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates

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New start-up in Mumbai offers private, lockable and secure self-storage units


Ameya Davda and Devak Davda at the Sewri facility. Pic/Datta Kumbhar

If there is one problem that most of us perennially face in our daily lives, it is the lack of storage space. But, one man's problem could well be another man's opportunity. Entrepreneurs Ameya Davda and Devak Davda's startup, Space Valet, is a case in point. Their recently launched service aims to be a one-stop storage solution that offers private, lockable and secure self-storage units of various sizes to stash your belongings.

Home away from home
"Think of it as the sophisticated spare closet or stock room you've always longed for in Mumbai," says Davda who along with his cousin Devak came up with this idea when they returned to India after completing their studies abroad. "I was in California and Devak in London, and while we were there, we learnt how popular cell storage is among people. It's a 60-year- old concept and almost a 40-billion dollar industry," he adds. On returning to Mumbai, Davda teamed up with his cousin to launch the startup which they felt would be a good fit in an overcrowded city. They then conducted a survey to find out if people would avail of a service like this. "People are always on the lookout for additional storage space, more so in Mumbai," he says. The top reasons for self-storage rental, he observed, was the lack of storage space at home, temporary storage while moving, and storing things people don't want or need. The most popular things being stored are wedding outfits and furniture.


A walk-in closet

How it works
The process is simple. You either call up the facility or browse the website and find a suitable storage plan. You then order as many boxes as you need, and then pack and label your belongings. "You don't need to move a finger. Our tie up with Movers and Packers ensures a pick-up facility. When you want your stuff back, go online and click on the tab to recall the boxes," he explains. The plan starts from R299 a month and goes up to R11,000. Storage options range from boxes to a large store room. The key to the storage lies with the customer only. Cleanliness and security are common concerns among customers, according to the results of their survey. The facility, therefore, has a designated person to solely look after the cleanliness of the storage space. There's also a 24x7 security and surveillance to keep the goods safe. "We maintain the right kind of environment so that your possessions don't deteriorate over time," he says. Now, the big challenge for the duo is to popularise the concept. "We want to educate people that this is a viable solution to your space crunch."

Where: www.spacevalet.in
Price: Rs 299 onward
Call: 9930832832

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Some Brokerages offer zero brokerage while some old brokerages charge 0.5% and above. Is it wise to open account with zero brokerage company? (SHEIK)

Can I Open account with zero brokerage company for share buy/sell.Whether it is safe? Please clarify..




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Tax-News.com: South Africa Drops Paper Forms To Encourage E-Filiing

The South African Revenue Service has removed certain paper forms from its branches in an attempt to encourage more taxpayers to file tax returns electronically.




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Survey: Does Gallows Humor Among Physicians Encourage Accusations of Murder and Euthanasia?

Nearly three quarters of the sample reported having been "humorously" accused of promoting death; for example, being called "Dr. Death," in a recent survey of palliative care medicine practitioners.




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Tax-News.com: IMF Encourages Hong Kong To Consider Tax Reforms

The International Monetary Fund has urged Hong Kong to consider tax reform options to boost revenues while maintaining the economy's competitiveness and flexibility.




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Indians Spend Over 1,800 Hours A Year On Smartphone Averagely

An average Indian is spending one-third of his or her waking hours on phone - nearly 1,800 hours a year. Three out offour respondent said if smartphone




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Is a Pediatric Doctor's Firearm Storage Discussion With Parents Wrong?

Pediatric Doctor: Is Gun Storage Discussion With Parents Wrong? Due to the increasing number of teenage suicidal cases, the scientists have suggested




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Time to Encourage People to Wear Face Masks as a Precaution: Study

Amid the rapid spread of COVID-19 across the globe, a new study has stressed that it's time to encourage people to wear face masks as a precautionary




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Achieving Universal Health Coverage Should Top Your Agenda, Say G20 Leaders

In Japan G20 leaders should focus on fulfilling their obligations to improve and expand their nations' health care systems. In a commentary published




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Losing Medicaid Coverage Linked to Reduced Use of Healthcare

Among adults with mental health disorders, losing Medicaid coverage was found to lead to lasting reductions in overall healthcare use and in outpatients




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Switzerland should encourage older people to work longer, says OECD

Switzerland should do more to help older people, especially women, work longer in order to meet the challenge of a rapidly ageing population, according to a new OECD report.




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Average Size Of Startup Funding Up 27 Pct To Rs.4.6 Crore

The average size of funding received by start-ups from angel investors grew 27 pct to Rs.4.67 crore in 2015, from Rs.1.06 crore in 2009, a report said.




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Hitachi Data Systems adds Native NAS and Cloud Tiering to Virtual Storage Platform

Hitachi Data Systems (HDS), a wholly owned subsidiary of Hitachi, Ltd. (TSE:6501)




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Norway should improve incentives to encourage people to work longer, says OECD

Norway is better placed to cope with population ageing than most other countries. But it could still do more to improve incentives and opportunities for people to stay working longer which would help ensure the country’s long-term future, according to a new OECD report.




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Reflections on 120 years of women's suffrage in New Zealand

On 19 September 1893 New Zealand became the first self-governing country in the world to grant the right to vote to all adult women. New Zealand's Permanent Representative to the OECD Rosemary Banks says the 120th anniversary of this decision is an time to reflect on that achievement.




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Somalia Average Precipitation

Precipitation in Somalia decreased to 7.17 mm in December from 34.67 mm in November of 2015. Precipitation in Somalia averaged 22.51 mm from 1901 until 2015, reaching an all time high of 136.24 mm in November of 1961 and a record low of 0.75 mm in December of 1967. This page includes a chart with historical data for Somalia Average Precipitation.




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Somalia Average Temperature

Temperature in Somalia decreased to 26.12 celsius in December from 26.64 celsius in November of 2015. Temperature in Somalia averaged 26.88 celsius from 1850 until 2015, reaching an all time high of 29.60 celsius in May of 2007 and a record low of 23.72 celsius in January of 1904. This page includes a chart with historical data for Somalia Average Temperature.




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Tax: the average tax burden on earnings in OECD countries continues to rise

The average tax and social security burden on employment incomes increased in 26 out of 34 OECD countries in 2011 according to the new OECD Taxing Wages publication. Tax payers in Ireland, Luxembourg, Portugal and the Slovak Republic were among those hit with the largest increases.




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Reforms in a few countries drive a decline in average OECD labour taxes

Income tax and social security contributions declined slightly for the average worker across the OECD in 2018, driven by major reforms in a handful of countries, according to a new OECD report.




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Taxes on polluting fuels are too low to encourage a shift to low-carbon alternatives

Taxing polluting sources of energy is an effective way to curb emissions that harm the planet and human health, and the income generated can be used to ease the low-carbon transition for vulnerable households. Yet 70% of energy-related CO2 emissions from advanced and emerging economies are entirely untaxed, offering little incentive to move to cleaner energy, according to a new OECD report.




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Canada Exports Food, Beverage And Tobacco Products

Exports (Bop) - Food, Beverage And Tobacco Products in Canada increased to 2685.50 CAD Million in March from 2594.50 CAD Million in February of 2020. Exports (Bop) - Food, Beverage And Tobacco Product in Canada averaged 1423.40 CAD Million from 1988 until 2020, reaching an all time high of 2808.70 CAD Million in December of 2016 and a record low of 425.60 CAD Million in March of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Food, Beverage And Tobacco Pro.




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Canada Exports of Alcoholic Beverages

Exports of (bop) - Alcoholic Beverages in Canada increased to 94.30 CAD Million in March from 89.20 CAD Million in February of 2020. Exports of (bop) - Alcoholic Beverages in Canada averaged 74.41 CAD Million from 1988 until 2020, reaching an all time high of 121.10 CAD Million in February of 2001 and a record low of 36.30 CAD Million in April of 1988. This page includes a chart with historical data for Canada Exports of (bop) - Alcoholic Beverages.




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Iraq Average Temperature

Temperature in Iraq decreased to 8.92 celsius in December from 16.21 celsius in November of 2015. Temperature in Iraq averaged 21.78 celsius from 1819 until 2015, reaching an all time high of 37.40 celsius in July of 2000 and a record low of 3.84 celsius in January of 1911. This page includes a chart with historical data for Iraq Average Temperature.




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Iraq Average Precipitation

Precipitation in Iraq increased to 24.20 mm in December from 16.28 mm in November of 2015. Precipitation in Iraq averaged 16.30 mm from 1901 until 2015, reaching an all time high of 82.94 mm in March of 1974 and a record low of 0.01 mm in September of 1936. This page includes a chart with historical data for Iraq Average Precipitation.




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Burundi Average Temperature

Temperature in Burundi increased to 21.08 celsius in December from 20.68 celsius in November of 2015. Temperature in Burundi averaged 20.09 celsius from 1850 until 2015, reaching an all time high of 22.86 celsius in September of 2013 and a record low of 17.62 celsius in December of 1860. This page includes a chart with historical data for Burundi Average Temperature.




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Burundi Average Precipitation

Precipitation in Burundi decreased to 193.09 mm in December from 235.28 mm in November of 2015. Precipitation in Burundi averaged 100.01 mm from 1901 until 2015, reaching an all time high of 327.19 mm in November of 1961 and a record low of 0.02 mm in July of 1935. This page includes a chart with historical data for Burundi Average Precipitation.




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OECD encouraged by Israel’s recent investigative activity, but remains seriously concerned with overall efforts to enforce foreign bribery laws

Israel is not sufficiently proactive in detecting and investigating foreign bribery, with no prosecutions over the past 7 years, despite 14 allegations of foreign bribery involving Israeli individuals or companies. The OECD Working Group on Bribery is, however, encouraged by the recently-opened investigations, and will pay close attention to how these evolve.




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Angola Average Temperature

Temperature in Angola increased to 23.52 celsius in December from 23.43 celsius in November of 2015. Temperature in Angola averaged 21.83 celsius from 1857 until 2015, reaching an all time high of 25.17 celsius in October of 2005 and a record low of 17.23 celsius in July of 1932. This page includes a chart with historical data for Angola Average Temperature.




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Angola Average Precipitation

Precipitation in Angola increased to 193.26 mm in December from 119.29 mm in November of 2015. Precipitation in Angola averaged 82.07 mm from 1901 until 2015, reaching an all time high of 310.41 mm in January of 1912 and a record low of 0 mm in June of 1946. This page includes a chart with historical data for Angola Average Precipitation.




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Norway should improve incentives to encourage people to work longer, says OECD

Norway is better placed to cope with population ageing than most other countries. But it could still do more to improve incentives and opportunities for people to stay working longer which would help ensure the country’s long-term future, according to a new OECD report.




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Universal Health Coverage

Universal Health Coverage is about everyone having access to good quality health services without suffering financial hardship. Although most OECD countries offer all their citizens affordable access to a comprehensive package of health services, they face challenges in sustaining and enhancing such universal systems.




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OECD seriously concerned by lack of foreign bribery convictions, but encouraged by recent efforts by the Australian Federal Police

Australia’s enforcement of its foreign bribery laws has been extremely low, with just a single case leading to prosecutions out of 28 referrals in 13 years. Cases may have been closed prematurely. Australia must vigorously pursue foreign bribery allegations.




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Japan can do more to encourage smooth transition of laid-off workers back into jobs, says OECD

Japan could help laid-off workers find a job more quickly by improving co-ordination between public employment services and companies, as well as ensuring that all workers benefit from adequate Employment Insurance (EI) benefits, according to a new OECD report.




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South Africa Exports of Prepared Foodstuffs Beverages & Tobacco

Exports of Prepared Foodstuffs Beverages & Tobacco in South Africa increased to 3490.92 ZAR Million in March from 2608.19 ZAR Million in February of 2020. Exports of Prepared Foodstuffs Beverages & Tobacco in South Africa averaged 2920.53 ZAR Million from 2014 until 2020, reaching an all time high of 4194.88 ZAR Million in October of 2018 and a record low of 1704.27 ZAR Million in January of 2015. This page includes a chart with historical data for South Africa Exports of Prepared Foodstuffs Beverages & Tobacco.




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South Africa Imports of Prepared Foodstuffs Beverages & Tobacco

Imports of Prepared Foodstuffs Beverages & Tobacco in South Africa increased to 2612.43 ZAR Million in March from 2292.20 ZAR Million in February of 2020. Imports of Prepared Foodstuffs Beverages & Tobacco in South Africa averaged 2502.29 ZAR Million from 2014 until 2020, reaching an all time high of 3674.84 ZAR Million in October of 2019 and a record low of 1707.09 ZAR Million in June of 2014. This page includes a chart with historical data for South Africa Imports of Prepared Foodstuffs Beverages & Tobacco.