Sunday, December 18, 2016

Kyrgyzstan’s President Atambayev arrives in India

President of Kyrgyzstan Almazbek Atambayev accompanied by the First Lady arrived in India on a state visit. President Atambayev is scheduled to meet with Indian Prime Minister Narendra Modi, President Pranab Mukherjee, and Vice President Hamid Ansari, the press service of the Kyrgyz President said.
The visit will last until December 21.President Atambayev is leading a high-level delegation comprising of ministers, senior officials and business leaders. This is his first visit to India as President.
President Atambayev will be accorded ceremonial reception on Tuesday morning. Prime Minister Narendra Modi will hold bilateral discussions with the visiting President and host a lunch for him.
President Pranab Mukherjee will host a dinner banquet in his honour. During the visit, President Atambayev will attend a Joint Business Forum.

8th Sai Sandhya by Padhmashree Penaz Masani on 1st January, 2017

17 Dec at 12:11 PM

Shubhankar Sharma bags third title of the year at 15th TATA Open 2016

Shubhankar Sharma bags third title of the year at 15th TATA Open 2016, surges ahead in Rolex Ranking

Jamshedpur, Jharkhand, December 18, 2016: Panchkula’s Shubhankar Sharma bagged his third title of the year in style with a one-shot victory at the 15th TATA Open 2016 played at the Golmuri Golf Course in Jamshedpur. The 20-year-old posted a tenacious four-under-67 in the final round on Sunday to end up with a total score of 20-under-264 at the Rs. 75 lakh event. Delhi’s Rashid Khan fired a last round of six-under-65 to earn the runners-up position at 19-under-265.

Shubhankar, who took the winner’s cheque worth Rs. 11,25,000, thus moved up from fourth to first in the Rolex Ranking. After the penultimate event of the year, Shubhankar’s season earnings now stand at Rs. 36,50,348 giving him a lead of more than Rs. 2.5 lakh over his nearest rival Shamim Khan of Delhi in the Rolex Ranking. Shamim finished tied third at Golmuri along with Bangladesh’s Md Zamal Hossain Mollah at 16-under-268.

Shubhankar Sharma (64-63-70-67), the overnight leader by two shots, had a nervous start to the final round as he missed a chip-putt to bogey the opening hole. However, he got his round back on track with birdies on the second and fourth, making a tough up and down from the bunker on the latter.

Shubhankar never really looked in trouble thereafter as he went on to make three more birdies on the seventh, 12th and 13th largely thanks to some quality chip-putts. He finally nailed a two-footer for par on the closing 18th for a well-deserved victory.

Shubhankar said, “This win is quite satisfying as I feel I wasn’t at my best in the last two rounds. I wasn’t hitting it well at the range this morning. So that was at the back of my mind when I started my round. I then had a nervy start with a bogey on the first and then hit the pole with my tee shot on the third due to which I had to take a re-shot.

“But then things started falling in place and I managed my final round really well. I made some crucial two-putts through the day as my speed control was outstanding.

“I must admit that I wasn’t comfortable till the end as Rashid challenged me till the finish. This win is a huge morale-booster for my pursuit of the Rolex Player of the Year title.

“I relished the experience of playing at the Golmuri Golf Course this week. The layout is great and the course provides a tough challenge even to the professionals. It’s definitely one of the leading championship courses in the eastern region of the country.”

Rashid Khan (69-65-66-65) shot a valiant 65 punctuated by seven birdies and a bogey to end up in second place. He threatened to take the match into a playoff by getting within one shot of Shubhankar but it was not to be as the latter closed out the match with a par on the 18th. Rashid thus moved up from sixth to fourth place in the Rolex Ranking.

Shamim Khan (66) finished tied third at 16-under-268 along with Md Zamal Hossain Mollah (69). Shamim, as a result, conceded his lead in the Rolex Ranking and slipped to second place with season’s earnings of Rs. 33,96,458.

The three players bunched in joint fifth at 15-under-269 were Chandigarh’s Abhijit Singh Chadha, Bengaluru’s Khalin Joshi and Samarth Dwivedi of Greater Noida. Khalin slipped from second to third place in the Rolex Ranking.

Final scores after Round 4 (72 holes):
264: Shubhankar Sharma (64-63-70-67)
265: Rashid Khan (69-65-66-65)
268: Shamim Khan (68-68-66-66), Md Zamal Hossain Mollah (67-63-69-69)

CAIT SUGGEST PM TO DECLARE 2017 AS LESS CASH YEAR

18th December, 2016
CAIT SUGGEST PM TO DECLARE 2017 AS LESS CASH YEAR
The Confederation of All India Traders (CAIT) has suggested the Prime Minister to declare Year 2017 as ” Less Cash Year” in the Country having a prime focus on intensifying adoption of digital payments at all levels by the citizens of the Country. ” In order to encourage people to embrace digital payment technology at both levels i.e B2C and B2B, the declaration of Less Cash Year will certainly prove to be a major announcement”-said CAIT which is strongly advocating the need of adoption of electronic payments since Year 2015 among trading community of the Country.
CAIT National President Mr. B.C.Bhartia and Secretary General Mr. Praveen Khandelwal informed that the CAIT has planned an aggressive 60 days national campaign for promoting traders to adopt digital payments. The campaign will be launched from 1st week of January to last week of February. During the campaign the CAIT will hold Digital Payment Conferences in States which will be attended by leaders of prominent Trade Associations of respective States followed by Digital Payment Camps in markets across the Country for on spot acceptance of digital payments available options.It has also planned a outdoor publicity campaign in association with local trade associations all over the Country taking forward message of faster adoption of digital payments.
Shops & Business establishments are focal point for footfall of large number of people everyday and as such the CAIT will also launch a poster campaign by putting Posters inside the Shops & Business Establishments advocating adoption of electronic payments.Digital campaign of Short Video, Whatsapp Clips will also be conducted for forwarding message of adoption of digital payments down the line across Country through social media. It has also planned various other innovative methods like Less Cash March, Street Plays etc. will be held in markets across the Country, depicting digital payments as an important instrument for conducting business in future.  Seminars, Workshops, Training Camps  will also be held across the Country to educate & aware the traders and others about digital payment solutions.
Both Mr. Bhartia & Mr. Khandelwal said that in the wake of GST taxation system every trader needs to adopt digital payments since under GST, the tax payment is proposed to be made only through Credit Card or Debit Card, NIFT or RTGS. No cash or cheque is allowed for tax payments. On the other hand various State Governments are contemplating to receive government revenue from other sources only through digital payments. Therefore, it will be advantageous for the traders to adopt digital payments at this point of time to enable them to comply with the provisions of GST and that of several other revenues which needs to be deposited with the Government.

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