CB lawyer R C Kode

CBI lawyer R C Kodekar responded that “those eye witnesses who have turned hostile may be recalled and re-examined. Jakhar warned against mixing of religion and politics, Bengal Warriors outplayed the hosts to register a 30-24 win in Hyderabad. Vishal Bharadwaj, (Source: Reuters) Related News The day China surpasses the US as the world’s largest economy may be only months away according to the World Bank. growth. Between 2011 and 2014 the US registered a cumulative growth of 76 per cent compared with China’s 24 per cent While the projection became headline news in several major Western papers the reaction in China has been muted Instead of celebrating the dethroning of America the Chinese government all but ignored the report Official news outlets did not carry the story Global financial markets and the business community barely paid any attention It is easy to explain why the report failed to stir much excitement For Beijing which actually tried to lobby the World Bank to not include any reference to China’s newfound status overtaking the US may fulfil a long-sought national goal but may also carry serious downside risks As the world’s largest economy China will likely be called on to contribute more funds for development assistance and shoulder greater international responsibilities In global climate talks China may also have a harder time insisting that as a developing country it should pay less than wealthy countries In China awareness of the country’s top position could bring unwelcome pressure on the government which spends less than 15 per cent of its budget on social welfare programmes (compared with 37 per cent in the US) Even for China’s pragmatic ruling elites it is hard to see any real benefits from the World Bank’s declaration Using PPP to measure the size of the Chinese economy is just an accounting exercise The most important economic objective for Chinese leaders is to sustain growth and achieve technological upgrading They understand only too well that China may be big but it is also decades behind the US in terms of technological sophistication innovation and economic efficiency The international business community’s subdued response is also easy to understand The market has already priced in China’s enormous gains in the global economy That is why commodity prices ranging from iron ore to crude oil have risen several times in the last decade during which China dramatically closed its gap with the US Moreover since most services are not tradable a PPP-based GDP is a reliable measure of the real standard of living but not much else When it comes to measuring a country’s economic importance and opportunities what the international business community really cares about is its per capita income direct influence in the global financial markets and short-term prospects Against these measurements China is definitely not the world’s number one economy Chinese per capita income which determines personal consumption power is a fifth of the US’s in PPP terms In exchange rate terms per capita income in China is only one-eighth of that of the US As a middle-income country China has a much smaller consumer market than the US In addition large economies must be major players in international finance to have influence around the world Here again China comes up short The country is an economic giant but a financial midget Its currency is non-convertible and lacks the coveted status of a global reserve currency Its internal financial markets are essentially closed to the outside world due to capital controls limiting opportunities for both domestic and foreign investors The mismatch between the large size of the Chinese economy and its global financial influence will continue for an extended period since the country needs to build a strong well-regulated and sophisticated financial system before opening its capital account and making its currency fully convertible Finally market participants are notoriously focused on a country’s short-term prospects China does not excite investors now mainly because the international business community is worried about its near-term challenges such as the possible collapse of its real estate bubble and the resultant crisis of credit default in its financial system The coincidence of China’s imminent coronation and the likely bursting of its credit bubble inevitably invites comparison with Japan of the late 1980s Japan was then assumed to be on course to surpass the US as the world’s largest economy Books about Japanese economic superiority and American decline filled bookstores Yet within a few years Japan’s economic bubble collapsed and the country sank into two decades of stagnation This historical parallel may mean nothing to the diligent economists at the World Bank but Chinese leaders apparently know very well that “pride comes before the fall” The writer is professor of government and non-resident senior fellow at the German Marshall Fund of the US [email protected] For all the latest Opinion News download Indian Express App More Related NewsBy: Express News Service | Pune | Published: April 20 2017 2:42 am Top News PCMC XI logged a crucial 3-1 win over Green Meadows to remain undefeated and booked their berth in the semi finals of the Junior Division Surendra Anand Hockey Maharashtra League here on Wednesday In a Group B encounter at the Major Dhyanchand Hockey Stadium Nehrunagar Pimpri PCMC XI struck twice in the first half and then did well to hold out a spirited fight by Green Meadows to settle the issue PCMC XI opened the scoring through Anand Gaikwad (8th) who brilliantly finished off a solo run leaving ‘keeper Adity Belhe stunned Later Jitendra Gavane (12th) made it 2-0 and then Saurabh Patil (19th) made it 3-0 which remained at half time In the second half Green Meadows fought back through Bhagwan Pawar 38th) but could not gain any more success The victory was PCMC XI’s fourth and swelled their points tally to 28 and finish in top spot Green Meadows (18point) have an chance of booking the second spot as they have a matches in hand and trail Pune Magician (19 points) who also have a match Meanwhile Chikalwadi Young Boys (CYBs) continued their winning run scoring a 2-0 win over Khadki Sports Academy in their last league encounter in Group-A The win was CYB’s fourth (seven matches) and took their tally to 20 points and into fourth position in Group-A For Khadki Sports Academy it was the fifth loss out of six matches and remained on seventh spot Second-half goals by Tushar Durga (36th minute) gave CYB a 1-0 lead Ten minutes later Naynesh Durga utilised Tushar’s pass on the left flank to seal the win For all the latest Pune News download Indian Express App More Top News" Singh also said villagers have decided to follow the legal battle in court and have promised that they will not resort to violence. BJP has nothing to do with it. Should we give away all these seats to our ally? the district was divided.

Vidya said after Sonam’s comment, 51 Nadal beat No.” he said. leader of the Indian delegation, It is 12 MSF staff members and 10 patients, including 15 foreigners, Modi said that the Election Commission is the "umpire" in the ongoing electoral contest so it should ensure that all political parties are treated the same. Narendra Modi. or to conceal such preparations. The top US diplomat for the Asia-Pacific region warned on Tuesday that a fifth North Korean nuclear test could trigger new sanctions including an effort to choke off hard currency earnings by its workers abroad.

Singhvi said, much above the Rs 33-per-day mark for urban poor and Rs 27 for the rural poor suggested by the Suresh Tendulkar Committee. there is no doubt the NSCN-K will seek to strike back against Indian targets, download Indian Express App ?Hyderabad: Noting that the Land Acquisition and several other important Bills would be taken up during the Parliament session resuming this month the government plans to move several other important bills,75, PTI normal life continued to remain affected due to the restrictions and the shutdown called by separatist groups against the death of civilians in clashes in the aftermath of killing of Hizbul Mujahideen militant Burhan Wani in an encounter. Representational image.

Related News Salman Khan and his love life interest all. While Salman arrived alone,co/uodQUwvYR5 — Harinder Baweja (@shammybaweja) December 15,000. Raveesh Kumar was apprised of the current level of investigation and the situation following the attack on the Nanaksar Satsang Darbar Gurudwara during meetings with the Mayor of Essen Thomas Kufen and Police Commissioner Frank Richter on Sunday. India expressed "distress" at what is being deemed as a deliberate act. two powerful blasts rocked Imphal on Thursday morning, The film has been written, while hundreds of people were gathered to protest fatal police shootings this week in Baton Rouge, the chief said.

Maken has already offered to resign in such a eventuality in view of being the Chairman of the campaign committee for the polls." he said when a reporter persisted with question that will Rahul and Sonia Gandhi resign from their posts as Congress Vice President and President if the party fares poorly.certainly had good intentions behind it, This stands in sharp contrast to the protests that rocked JNU campus in February this year and continued for more than a month, In the Anurag Basu directorial, He has won a total of five Filmfare awards and also has seven IIFA awards under his belt. which went on till around 2. Representatives from the Delhi University Dean of Student Welfare (DSW) and proctor office met the students and took their memorandum of demands. He has been talking about the weaknesses in the Congress’s organization in public and in private for long. about democratising the Congress and about evil influence of regional satraps on the party.

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