...

The Supreme Court has overturned the Court of Appeal decision and found in favour of the ratepayer in this much-anticipated business rates case involving the rateability of a property which was undergoing substantial renovation. The ratepayer submit...

The lockdown of public life in Germany and the disruption of global economy due to the Coronavirus also complicate and delay the development, construction and commissioning of renewable energy projects in Germany. This has dangerous consequences as ...

(MENAFN - ACCESSWIRE ) LOS ANGELES, CA / ACCESSSWIRE / May 9, 2020 / The COVID-19 public health crisis is having far-reaching impacts on the US econ... ......

White House employees, and reporters, watch President Donald Trump, aboard Marine One, depart the White House in Washington, Tuesday, May 5, 2020. (Al Drago/The New York Times) WASHINGTON — In his eagerness to reopen the country, President Donald Trump faces the challenge of convincing Americans that it would be safe to go back to the workplace. But the past few days have demonstrated that even his own workplace may not be safe from the coronavirus. Vice President Mike Pence’s press secretary tested positive for the virus Friday, forcing a delay in the departure of Air Force Two while a half-dozen other members of his staff were taken off the plane for further testing. That came only a day...

Across the banking sector, the Bank of England and the Financial Conduct Authority predict that firms’ utilisation of artificial intelligence (AI) solutions will triple in the next three years (BoE and FCA Joint Report on Machine Learning in U...

Published in April, “If I Had Your Face” is a story of gender inequality and lives ruled by the money of men, of impossible beauty ...

Have you wondered what it's like to get tested for COVID-19 in Japan? With little Japanese, Joe Oliver learned the hard way after being sent ...

You want to make a movie and bring down the religious Satmar community? Do it, but do it well and correctly.

Is it really because of Israeli airstrikes or is it more complicated?

In the lead-up to the Truth Matters conference in October, we will be focusing our attention on the sufficiency, authority, and clarity of Scripture. Of our previous blog series, none better embodies that emphasis than Frequently Abused Verses. The following entry from that series originally appeared on February 19, 2016. -ed.

Tim Tebow was featured on the cover of the July 27, 2009 issue of Sports Illustrated, decked out in his Florida Gators uniform. But what made the image so striking was the message written in Tebow’s eye black—under his right eye was the word “Phil,” and under his left the numbers “4:13.”

That inscription may have been meaningless to the average football fanatic, but Tebow’s large evangelical constituency certainly recognized it as Bible reference. As he explained years later in an interview, he chose Philippians 4:13 because “‘There’s not a better verse for an athlete.’ It reads, ‘I can do all this [sic] through Him who gives me strength.’” ^[1] http://www.christianpost.com/news/tim-tebow-explains-why-he-tebows-uses-bible-verses-70824/#96Qczp0O7LZR8jsT.99

It’s not hard to understand the gravitational pull a verse like that could have on an athlete. No doubt countless men and women invoke God’s power for their various feats of strength and stamina. Even Jon Jones—a notorious MMA fighter who pummels people for a living—has it tattooed across his chest.

And in this era of unbridled self-esteem, who wouldn’t want the power of God enabling and animating the fulfilment of his hopes and dreams? Celebrity pastor, Joel Osteen, does nothing to quench such optimism and enthusiasm.

It is possible to see your dreams fulfilled. It is possible to overcome that obstacle. It is possible to climb to new heights. It is possible to embrace your destiny. You may not know how it will all take place. You may not have a plan, but all you have to know is that if God said you can . . . you can! Today, why don’t you begin to open yourself up to possibilities in your future by simply declaring this verse, “I can do all things through Christ who gives me strength?” ^[2] http://devotion.wedaretobelieve.com/2013/01/i-can-joel-osteen-ministries-daily.html

Osteen’s interpretation begs an important question about Philippians 4:13. When Paul wrote that he—and by extension, we—can “do all things” through Christ’s strength, was he promising victory and success in all our personal endeavors? Does “all things” essentially mean anything we want? And if so, why does any Christian ever fail at anything?

The preceding verses make Paul’s true intent quite clear:

Not that I speak from want, for I have learned to be content in whatever circumstances I am. I know how to get along with humble means, and I also know how to live in prosperity; in any and every circumstance I have learned the secret of being filled and going hungry, both of having abundance and suffering need. I can do all things through Him who strengthens me. (Philippians 4:11–13).

Christ’s strength wasn’t just a vague force enabling Paul to whatever ends he desired. It strengthened Paul to be content in spite of the harsh difficulties he faced. He wasn’t talking about hypothetical goals, but about the very real adversity he faced on a daily basis.

Specifically, he was talking about his unfair imprisonment at the time of his writing to the Philippian believers. Here’s how he described it at the beginning of his epistle:

Now I want you to know, brethren, that my circumstances have turned out for the greater progress of the gospel, so that my imprisonment in the cause of Christ has become well known throughout the whole praetorian guard and to everyone else, and that most of the brethren, trusting in the Lord because of my imprisonment, have far more courage to speak the word of God without fear. (Philippians 1:12–14) 

Paul wrote that he could do all things through Christ strengthening him when he was confined to the squalor and oppression of a Roman prison cell. And through his divine strengthening, He was able to look beyond his own suffering and rejoice in the gospel’s furtherance as a result of his imprisonment.

Paul never “discovered the champion” in himself, nor did he long for the fulfillment of his personal dreams. His delight was in extending the reach and influence of the gospel, and he labored to that end whether he was free or incarcerated. He was the benchmark of suffering for the sake of the gospel (2 Corinthians 11:23–33), and he rejoiced in the strength Christ gave him to endure all of it. John MacArthur elaborates:

No matter how difficult his struggles may have been, Paul had a spiritual undergirding, an invisible means of support. His adequacy and sufficiency came from his union with the adequate and sufficient Christ: “I have been crucified with Christ; and it is no longer I who live, but Christ lives in me; and the life which I now live in the flesh I live by faith in the Son of God, who loved me and gave Himself up for me” (Galatians 2:20). . . . Paul was strong enough to endure anything through Him who strengthen[ed] him. . . . What he is saying is that when he reached the limit of his resources and strength, even to the point of death, he was infused with the strength of Christ. He could overcome the most dire physical difficulties because of the inner, spiritual strength God had given him. ^[3] John MacArthur, The MacArthur New Testament Commentary: Philippians (Chicago: Moody Press, 2001) 303.

Philippians 4:13 doesn’t lose any relevance just because we’re not allowed to define “all things” as everything we want to do. On the contrary, Paul’s example of suffering has the broadest possible application for Christians: “All who desire to live godly in Christ Jesus will suffer persecution” (2 Timothy 3:12 NKJV, emphasis added). Suffering shouldn’t come as a surprise to the Christian. Whether or not we end up in a prison cell like Paul, we can embrace Philippians 4:13 as he did—the promise of Christ’s strength to endure all suffering for His sake.

The idea of aircraft being powered by plasma drives might sound like something from a science fiction film, but a group of Chinese scientists has developed a prototype that might one day make it a reality.The team, from the Institute of Technological Sciences at Wuhan University, said in a paper published on Tuesday that they had developed a prototype of a plasma jet device capable of lifting a 1kg (2.2lb) steel ball over a 24mm (one inch) diameter quartz tube.While that might not sound like…

For years, Western companies have struggled to profit from a Chinese consumer market that thrives on cheap knock-offs of iconic brands. But that frustration is now turning into optimism, as local courts begin to stamp out thieves and cheats, lawyers say.More companies are filing intellectual property (IP) lawsuits amid a shift in attitude towards protecting original ideas, trademarks and patents, according to official data. The rush has accelerated after the phase-one trade deal in the US-China…

“Wow, your shirt is really see-through. Are you wearing matching underwear?” the man says lewdly.It’s a virtual reality simulation – but it’s enough to shock 23-year-old Elizabeth Lee into silence as the scene plays out on her headset.The VR technology is part of the Girl, Talk project which is aimed at helping women fight back against harassment in Singapore.“I would think that I would respond in a more confrontational way,” Lee admits. “It felt very physically close … it was just really…

‘Build back better’ is often easier said than done after a disaster, but one example from the People’s Republic of China shows that it can be done well. 

NEW DELHI: Since the election results were announced last week — handing out a clear mandate to the Narendra Modi-led BJP — real estate brokers across the country have been prodding buyers to book their dream homes fast, since with a stable government on the cards, builders could increase prices any time soon. Business for thousands of brokers has been thin over the last year or so as negative sentiment engulfed the market and home sales tanked. Investors fled and genuine home buyers waited anxiously to see if a new stable government can infuse life into the economy. “It might just be a case of brokers trying to perk up […]

GURGAON: The managing director of real estate company Vigneshwara Group and two of his family members have been booked by Gurgaon Police in a multi-crore fraud case. Some estimates put the scale of the fraud at more than Rs 1,000 crore. Despite taking money from around 700 investors for properties in and around Gurgaon in 2006-07, and promising assured returns till possession, the group allegedly didn’t begin construction of some projects and defaulted on payments to investors. An FIR was filed at Sushant Lok police station against group MD Sunil Dahiya, his brother Sanjay and father Daryav Singh. Dahiya hasn’t been taken into custody yet because he complained of illness […]

The Ministry of Environment, Forest and Climate Change (MoEFCC) has drafted the Environment Impact Assessment (EIA) notification 2020 to curb the construction violations across the country. The new draft would replace the EIA notification 2006. The Ministry of Environment, Forest and Climate change (MoEFCC) has proposed a new set of environment clearance norms in its Environment Impact Assessment (EIA) notification 2020. Earlier, the environment approvals to construction projects  were given as per the criteria stated in the EIA notification 2006; however, the new draft would replace the former set of rules. The Ministry has placed the EIA report in the public domain on March 12, 2020 and has sought views and comments […]

New Functional Safety Ready AVR® DA Microcontroller Family Enables Real-Time Control, Connectivity and HMI Applications

CHANDIGARH: TDI Investors Association, which includes 70 member investors from Chandigarh, on Wednesday created a row, alleging that the owners had cheated them of Rs 150 crore. The association, in a press conference, alleged that a legal agreement was signed between the company and the members in 2005 after which they paid 80% of the cost for showrooms in the mall and were promised possession by 2008. The members blamed the company of not giving them possession till date and neither paying them the returns. The project includes 70 shops varying from 400 sq ft to 1,000 sq ft. TDI chairman Ravinder Taneja, however, trashed the allegations, blaming the authorities […]

NEW DELHI: Foreign direct investment (FDI) in the real estate sector could jump over two-fold in the next one year with easing of FDI rules in the construction sector, realtors’ body NAREDCO said today. Real estate developers and consultants were of the view that this move would give fillip to cash-starved realty sector, which is reeling under a slowdown since last 2-3 years. It will help developers in raising funds to complete projects. Yesterday, the Cabinet relaxed FDI rules in construction sector by reducing minimum built-up area as well as capital requirement and easing the exit norms. “Reduction in minimum built-up area to 20,000 sq meters from 50,000 sq meters […]

NEW DELHI: The Delhi state consumer panel has asked real estate firm Omaxe Buildhome Pvt Ltd to pay over Rs 11 lakh to a retired Indian Airlines official after holding the realty firm of “deficiency of service” in the allotment of a flat at Greater Noida in Uttar Pradesh. The Delhi State Consumer Disputes Redressal Commission (SCDRC), presided by judicial member S A Siddiqui, asked the firm to pay Rs 11.14 lakh to Secunderabad resident Pradeep Chaudhary. Chaudhary had approached the Commission alleging “unfair trade practice” and “deficiency of service” on the firm’s part and said that despite his strong opposition, the company, on its own, changed the location of […]

CHENNAI: Strong English speaking skills and a wide mix of industries that promotes cross pollination of work culture has made Chennai one of the top 12 cities in the world for real estate investments. This is the first global recognition the city has received; it is also the lone Indian city on the list. The Candy GPS Report, published on Friday, identifies 12 cities around the globe with the potential to show strong residential property price growth in the next few years. The report — produced by Candy & Candy, Savills World Research and Deutsche Asset & Wealth Management — said, “Prices in these rising cities are generally much lower […]

BANGALORE: Property has always been a major investment avenue of the rich. Now, some of the people one would expect to focus on enterprising ventures are also looking at rent-yielding property. Infosys co-founder NR Narayana Murthy’s family office has bought high-end luxury apartments in Bangalore and Mumbai, said sources familiar with the development. Catamaran Ventures, which manages part of Murthy’s wealth, has previously invested in e-commerce, FMCG and education ventures. Another source said that Premji Invest, the family office of Wipro chairman Azim Premji, is also scouting for real estate assets in metros. A couple of years ago, Premji, in his personal capacity, had picked up a few properties in […]

Alastair Hughes, CEO (Asia Pacific) of Jones Lang LaSalle (JLL), who was in Bangalore to hold a board meeting of the Asia Pacific region comprising China, Japan, Australia, South East Asia and India, spoke to BusinessLine to share the real estate market sentiment and key issues on corporate leasing. How is the realty market in India as compared to other countries in Asia Pacific ? India has seen a dramatic recovery. The hangover did not last very long as it had in 2010-2011. The market is very dynamic here right now. While Asia-Pacific began to recover in 2012-2013, India went through a lull, largely due to lack of business confidence, […]

The real estate and property development industry, hurting from the slowdown in the country’s economic growth, is hoping for lower interest rates and grant of infrastructure industry status to enable developers to access cheaper finance. The industry is hoping that a stable government acting decisively would help not only to revive economic growth, but also look into specific problems faced by the industry. “The Indian economy and the real estate sector have gone through multiple years of stress,” Anuj Puri, chairman & country head of JLL India, said. “A change in sentiment is imminent now that a pro-business government with a clear mandate has been elected to power, so this […]

With the Narendra Modi government taking charge on Tuesday, real estate players hope the sector will get due priority, which will help bring the economy back to 8-9 percent growth. “The new government will pave way for realty reforms and take concrete steps to implement its promise given in the BJP manifesto to ensure housing for all in eight years,” Confederation of Real Estate Developers’ Associations of India (Credai) Lalit Kumar Jain said. The merger of Housing and Urban Development Department will ensure coordination and proper control, he said. “The new government will bring in a positive change to developers and buyers in the otherwise dark era that has been […]

New Delhi: Nearly 60 percent of Indians think that next one month would be a good time to buy real estate with improvement in consumer sentiments following formation of a stable government, according to a survey by global research firm Ipsos. “Almost six in ten (57 percent) Indians think the next 30 days will be a good time to buy real estate, such as a house, vacation property or investment property,” Ipsos said in a statement. Founded in France in 1975, Ipsos is an independent market research company controlled and managed by research professionals. “With the formation of a new stable government at the Centre, the consumer sentiment which was […]

BANGALORE: Global private equity funds more than doubled their investment in India’s real estate sector in the quarter to March as they foresee an improvement in economy leading to stable long-term yields, according to a report by brokerage Cushman & Wakefield. PE funds invested Rs 2,800 crore in the country’s commercial and residential real estate during the period, a 145% jump over the year-ago quarter, the report said. “This is the highest quarterly private equity investment since Q2 of 2009 by private equity funds in the realty sector, driven by huge investment in commercial real estate and steady fund raising by developers in the residential asset class,” it said. Sanjay […]

The real estate sector is pinning hopes on the new government for revival. Confederation of Real Estate Developers Association of India (CREDAI) Chairman Lalit Kumar Jain expressed hope that the new government would bring in a positive change to real estate developers and buyers by introducing reforms given the challenges of slump in sales, high prices and liquidity crunch that the sector has been facing. ‘Housing for all’ “We expect the government to take concrete steps to implement its promise given in the BJP manifesto of ensuring ‘Housing for All’ in eight years,” he added. For an immediate plan of action, Jain suggested efficient and accountable governance in building approval […]

Nine years after it was formed, New York-based Brahma Management has lined up big investments for the Indian real estate market . Brahma, an FDI-funded investment and asset management company, has already invested around Rs 2,500 crore in the sector and has plans to put in another Rs 3,000 crore over the next two years. So far, its investments in the realty sector include Gurgaon-based projects Brahma City and Athena, and The Valley, a joint venture township project in Panchkula. While Athena is a retail and commercial office center, Brahma City is a gated township spread over 150 acres of land. Indian real estate market has been facing strong headwinds […]

NEW DELHI: Real estate developers and property consultants today welcomed the RBI decision to cut statutory liquidity ratio (SLR), saying this would enable banks to lend more to industry, including cash-starved realty sector. However, developers demanded easing of interest rates to boost housing sales. RBI today decided to keep the key policy rate unchanged but slashed statutory liquidity ratio (SLR) by 0.5 per cent to unlock about Rs 40,000 crore into the system. “The RBI’s move to cut SLR by 50 basis points to 22 per cent will give banks more headroom to lend and thereby spur lending in future. However, the much anticipated cut in rates would have been […]

In his first full-fledged review of the monetary policy, Reserve Bank of India (RBI) Governor Raghuram Rajan stuck to the continuing hawkish stance of inflation control first, which has seen the repo rate go up by another 25 basis points. The repo rate is the rate at which the central bank lends money (liquidity) to the financial system, and is the key policy rate. After the RBI action on October 29, it stands at 7.75 per cent. The most rate sensitive sector that always watches the central bank’s action closely is real estate. Equated monthly instalments (EMIs) are the biggest expense for a typical household, and with the floating interest […]

Welcoming the 0.25% rate cut by two of the biggest home loan financiers SBI and HDFC, realty sector participants today said the move will help revive interest in the gloomy market. “This is a positive move to boost property sales and spur industry growth. Home buyers who were earlier waiting for rates to come down will now certainly look at buying their dream homes,” industry body Confederation of Real Estate Developers Association of India (Credai) Chairman Lalit Kumar Jain said. “The home loan rate cuts from certain banks have occurred after nearly a year, and will augur well for investment sentiments in the market,” property consultant CBRE South Asia’s Chairman […]

The intuitive habit of drawing macroeconomic conclusions (about India) from the corporate feedback (and vice versa) is fraught with risk. After all, only half of India’s GDP and 10% of India’s employment are in the formal sector. Further, only a fraction of the formal sector is listed.” This is not any Swadeshi ideologue speaking. This is what the Asia Pacific/India Equity Research paper of Credit Suisse titled “India’s better half: The Informal Economy” says about the most unique aspect of Indian economy. The paper points out that corporate sector accounts for only one-fourth of the national capital formed – the share of listed corporates in it is even less, just […]

Capitedge India Investment Advisory, a realty fund and asset management firm floated by six former members of Indian realty team of American banking giant Wells Fargo, is coming out with a residential properties-focused fund in India. This would mark its first fresh fundraising exercise after floating an independent investment advisory firm, which is also managing the remaining assets of Wells Fargo after it shut operations in the country last year. While the founding partners are closely associated in operations, Hiral Soni is driving the domestic fundraise and investment strategy, as per the company website. She was previously with Marvel Realtors and had later also set up a boutique investment banking […]

Financial sector development can play a crucial role in driving economic growth.

This publication provides estimates of purchasing power parities (PPPs) and real expenditures for 22 economies in Asia and the Pacific. These are summary regional results from the 2017 cycle of the International Comparison Program (ICP).

Financial sector development can play a crucial role in driving economic growth.

The passage of contentious Telangana bill in the Lok Sabha may not have much impact on investment sentiment in realty sector across Hyderabad, as the city has already been planned to serve as a joint capital for next 10 years, according to property consultant Jones Lang LaSalle. “The Bill is being viewed with mixed feelings by various stakeholders, but it is still too early to gauge its impacts on the real estate industry. That said, it is likely to end the political uncertainty that Hyderabad has been facing for the past few years. “The outcomes are still unclear, but Brand Hyderabad is not likely to be overly affected as it […]

MUMBAI/DELHI: Niche luxury brands like Italian suit maker Kiton and British shoemaker John Lobb have started bespoke made-to-order services in India, but they are in no hurry to open swanky stores in the country. Reason: inability to find a place on the right location at reasonable rates. “Rentals in India are as high as international markets, but the demand is not as much,” said Pratik Dalmia, founder of Mumbai-based Regalia Luxury, which has the rights to market and sell Kiton and John Lobb brands in India. Steep rentals and lack of quality retail real estate at strategic locations near high-income neighbourhoods are making it hard for luxury brands to expand […]

MUMBAI: Indian real estate market witnessed a significant change in the last decade mainly backed by opening up of FDI in the sector and shift in preference to high-rises over traditional low-rise structures, according to a report. The opening up of the sector to foreign direct investment in 2005 initiated the entry of new avenues for funding, and capital inflow witnessed a spike, property consultant CBRE said in its report titled ‘Inflection Point: Ten years of organised real estate in India (2005-2014)’. Restrictive legislations till 2004 provided limited scope of funds for the sector. However, opening up of the sector to FDI in 2005 opened up new avenues for investment, […]

MUMBAI: US private equity firm Kohlberg Kravis Roberts & Co has made its entry in the country’s real estate sector by finalising investments of Rs 750 crore in two property projects. KKR has struck a structured debt transaction for Rs 400 crore for the Bhartiya Group’s integrated township project in Bangalore, two people with direct knowledge of the transactions said. It also agreed to provide a Rs 350 crore structured loan to the Wadhwa Group’s luxury home project in west central Mumbai, they said. The group will use the money to repay other lenders of the project, where the cost of apartments ranges from Rs 1.5 crore to Rs 10 […]

BANGALORE: When Sameer Rana was looking for a dream property last month, he was spoilt for options in the real estate market. Yet, the 44-year-old investment banker was not sure whether he had all the information to spend Rs 2 crore on an apartment. “Is the area safe? Are the nearby schools good? Will the builder give possession of the house on time? All such questions plundered my mind and I did not have the time to go through every property myself to decide,” Rana said, adding, “Brokers could not be trusted.” But now online start-ups, including Housing-.com, PropTiger, and CommonFloor, are setting up their own teams, data science labs […]

The dust has settled on the elections drama and the BJP is now firmly in the driver’s seat. By and large, this is being seen as the best possible news for the Indian real estate sector – and rightly so. Narendra Modi has the business mind-set, background and also determination which are called for to bring India’s entire economy back on track. What the real estate sector now awaits is his policy approach to the issue of housing in India. Now, as the country stands poised on the verge of a major change in economic climate, it is a good time to reflect on why boosting the housing sector is […]