Amaco Jubail emerge champions of ‘JF Winter Cup 2019’

Kuwait: State of Karnataka is enriched with Daasa culture, which had contributed immensely to its literature, culture, art & philosophy. Daasa tradition in Karnataka was part of the Bhakti movement which flourished from around 15th century and it extended considerable spiritual influence over the masses. Kuwait Kannada Koota, a socio-cultural association for the people of Karnataka in Kuwait, organized its annual Daasotsava on 14th February 2020 in remembrance of these saints, thereby displaying the rich cultural heritage of the state. 

The program started with a warm welcome address by Mrs. Spoorthy Kamath, convener of cultural committee. Divine invocation prayer by Mrs. Vasantha Ashok and Mrs. Sandhya Arun set the trend for the event. This was followed by lighting of the traditional lamp by the 2020 executive committee, comprising of President Mr. Rajesh Vittal, Vice President Mr. Sandeep Chabba, General Secretary Mr. Praveen Kumar Shetty and Treasurer Mr. Pradeep Rao. President, while welcoming the gathering, spoke about the importance of Daasas in Kannada literature & history and briefed about the series of upcoming programs. Cultural programs started with fancy dress competition by Koota children comprising of all age group starting from infants to elder kids. This program stole the show as the efforts & time invested by children and their parents were clearly visible. 

2019 executive committee was felicitated by the current committee for wonderfully managing Koota affairs & programs. This was followed by the release of Koota magazine “Marala Mallige", comprising of informative articles, drawings, poems etc., entirely contributed by the association members. Event’s main attraction “Vrindavana Leelavarana", a colorful dance drama spectacularly portrayed by 54 Koota children, was very well appreciated & received by the attendees. Association children who successfully completed 10th and 12th were felicitated as a token of encouragement. Executive committee gave away prizes to Kids who excelled in the stage competitions held earlier. Audience was treated to a divine and melodious Bhajan program conducted astutely by the ladies & men. Koota women performed Bhajan Kolata, along with ladies bhajan, in a well-coordinated manner. Vote of thanks was proposed by the secretary of Koota, thanking those who contributed for the success of the event. Another attraction was a quiz competition “Rasa Prashne", conducted efficiently between the programs, by Mr. Mahesh Shiramgond. 

The whole event was planned and executed astutely by the cultural committee under the leadership of Convener, Mrs. Spoorthy Kamath. Public Relations Committee, led by Mrs. Suparna Dambal, welcomed the members in a vibrant & colorful way, showcasing a beautifully erected divine mantap. The event was sponsored by Unimoni, LIC HFL, VSPL, Geetherb, Kotak Life Insurance, Joy Alukkas, Lulu Hypermarket & Total Environment. The program ended with a sumptuous satvik lunch, sponsored by the senior Koota member, Mr. Ramachandran Seetharaman.

The World Bank says that a lack of credit and drop in private consumption have led to a gloomy growth outlook for India with a steep cut in growth rate for the current fiscal year and only a modest gain projected for the next year.

India's growth rate is forecast to be only 5 per cent for the current fiscal year, weighed down by a growth of only 4.5 per cent in the July-September quarter, according to the 2020 Global Economic Prospects report released on Wednesday.

"In India, [economic] activity was constrained by insufficient credit availability, as well as by subdued private consumption," the Bank said.

The growth rate is forecast by the Bank to pick up to 5.8 per cent in the next fiscal year and to 6.1 per cent in 2021-22.

India's growth rate was 6.8 per cent in 2018-19.

The 5 per cent growth rate projection for the current financial year is a sharp cut of 2.5 per cent from the 7.5 per cent forecast made by the Bank in January last year, toppling it from the rank of the world's fastest growing economy.

India's performance follows a global trend of lowered growth weighed down by developed economies.

The report estimated world economic growth rate to be only 2.4 per cent last year and forecast it to edge up 0.1 per cent to 2.5 per cent in the current year.

Even with the lower growth rate of 5 per cent in the current fiscal year and 5.8 per cent forecast for the next, India holds the second rank among large economies, behind only China with an estimated growth rate of 6.1 per cent for 2019 and 5.9 per cent this year.

The report blamed "weak confidence, liquidity issues in the financial sector" and "weakness in credit from non-bank financial companies" for India's slowdown.

The Bank predicated India's recovery to 5.8 per cent in the coming financial year for India but "on the monetary policy stance remaining accommodative" and the assumption that "the stimulative fiscal and structural measures already taken will begin to pay off."

It also warned that sharper-than-expected slowdown in major external markets such as United States and Europe, would affect South Asia through trade, financial, and confidence channels, especially for countries with strong trade links to these economies."

The Bank said that the growth of advanced economies was 1.6 per cent last year and "is anticipated to slip to 1.4 per cent in 2020 in part due to continued softness in manufacturing."

In contrast the growth of emerging market and developing countries is expected to accelerate from 3.5 per cent last year to 4.1 per cent this year, the report said.

In South Asia, Bangladesh is estimated to have the highest growth rate of 7.2 per cent in the current fiscal year, although down from 8.1 per cent last fiscal year.

But its higher regional growth rates are coming off a lower base with a per capital gross domestic product of $1,698 compared to $2,010 for India.

Bangladesh is expected to grow by 7.3 per cent in the next financial year.

Pakistan's growth rate is estimated at only 2.4 per cent in the current fiscal year and is projected to rise to 3 per cent in the next, according to the Bank.

The Bank blamed monetary tightening in Pakistan for a sharp deceleration in fixed investment and a considerable softening in private consumption for the fall in growth rate from 3.3 per cent in the 2018-19 fiscal year.

Sri Lanka's growth rate was estimated to be 2.7 per cent last year and forecast to grow to 3.3 per cent this year.

Nepal grew by an estimated 6.4 per cent in the current fiscal year and will rise to 6.5 per cent in the next.

New Delhi, Jan 14: One of the four Nirbhaya gang rape convicts, who are scheduled to be hanged on January 22, moved a mercy plea before President Ram Nath Kovind to set aside the death sentence issued against him.

He also moved the Delhi High Court to set aside the death warrant issued by a trial court. This hearing is scheduled for Wednesday before a bench of Justices Manmohan and Sangita Dhingra Sehgal.

The petition, filed through advocate Vrinda Grover, seeks setting aside of the January 7 order issuing the warrant of his execution.