Kumaraswamy says his govt will complete full term

Agencies
August 30, 2018

Bengaluru, Aug 30: The JD(S)-Congress coalition government in Karnataka has "taken off" smoothly and will complete the full term without hiccups, Chief Minister H D Kumaraswamy said here today on completion of 100 days in office.

The coalition government is "secure" and there are no differences between the ruling allies, he asserted, and strongly criticised the BJP for "creating confusion" among people by constantly questioning the stability of his government.

"How can anyone say the government has not taken off when the Centre has appreciated the state for its relief work in flood-hit Kodagu. Even the President of India has praised the state for taking active steps to provide the relief," Kumaraswamy said at a press conference here.

"Only an active government can think of announcing Rs 4,500 crore farm loan waiver and relief from indebtedness to small farmers, landless agricultural labourers and those from the economically weaker section," he said.

Kumaraswamy hit out at the BJP, saying the opposition party was living in an imaginative world.

"Since land denotification and crimes are not happening, Yeddyurappa feels that our government has not taken off. But for this, what else the BJP leaders can talk about. BJP leaders are living in an imaginative world," he said replying to a query on BJP state president B S Yeddyurappa' remark that the coalition government has not yet taken off fully.

Asked if political rumblings and differences have been sorted out with the ruling partner, Kumaraswamy said, "We can resolve only if there are fights. There are no fights."

He said that the coalition government is "secure" and will complete the term without hiccups.

On senior Congress leader and former chief minister Siddaramaiah's comments about becoming chief minister again, fuelling speculation that all is not well within the coalition government, Kumaraswamy said: "Everyone should have the aspiration to become a chief minister. Anybody can become a chief minister. Yeddyurappa can also. You cannot grow in politics if you don't have aspiration."

Congress leader and Deputy Chief Minister G Parameshwara, who was present at the press conference, also ruled out any serious differences between the coalition partners.

"All decisions are being taken with proper consultation. Even farm loan waiver was announced after a discussion between the coalition parties," he said.

Senior Congress leader and Revenue Minister R V Deshpande said that a common minimum programme has been chalked out and decisions are taken accordingly. "There are no internal differences nor any fights."

Earlier during the day, Kumaraswamy called on Congress president Rahul Gandhi and expressed gratitude for the party's support on completion of 100 days of the coalition government in Karnataka.

In a brief meeting, he also urged the Congress chief to help speed up the process of expansion of the cabinet and appointment of chairman for corporation boards in the state.

The state chief minister also met Union Home Minister Rajnath Singh and submitted an interim memorandum seeking release of Rs 1,118.40 crore relief funds for flood-hit eight districts including Kodagu in the state.

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Agencies
July 25,2020

In a study conducted in 117 countries, researchers have found that the world is experiencing the most dramatic reduction in the seismic noise (the hum of vibrations in the planet's crust) in recorded history due to global COVID-19 lockdowns.

Measured by instruments called seismometers, seismic noise is caused by vibrations within the Earth, which travel like waves and the waves can be triggered by earthquakes, volcanoes, and bombs - but also by daily human activity like travel and industry.

This quiet period was likely caused by the total global effect of social distancing measures, closure of services and industry, and drops in tourism and travel, the study published in the journal Science, reported.

The new research, led by the Royal Observatory of Belgium and five other institutions around the world including Imperial College London (ICL), showed that the dampening of 'seismic noise' caused by humans was more pronounced in more densely populated areas.

"Our study uniquely highlights just how much human activities impact the solid Earth, and could let us see more clearly than ever what differentiates human and natural noise," said study co-author Stephen Hicks from ICL in the UK.

For the findings, the research team looked at seismic data from a global network of 268 seismic stations in 117 countries and found significant noise reductions compared to before any lockdown at 185 of those stations.

Researchers tracked the 'wave' of quietening between March and May as worldwide lockdown measures took hold.

The largest drops in vibrations were seen in the most densely populated areas, like Singapore and New York City, but drops were also seen in remote areas like Germany's the Black Forest and Rundu in Namibia.

Citizen-owned seismometers, which tend to measure more localised noise, noted large drops around universities and schools around Cornwall, UK and Boston, US - a drop in noise 20 per cent larger than seen during school holidays.

The findings showed that countries like Barbados, where lockdown coincided with the tourist season, saw a 50 per cent decrease in noise.

"The changes have also given us the opportunity to listen in to the Earth's natural vibrations without the distortions of human input," the study authors wrote.

Earlier in April, a study published in the journal Nature, reported at least a 30 per cent reduction in that amount of ambient human noise since lockdown began in Belgium.

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Agencies
July 19,2020

New Delhi, Jul 19: Indian equities will be driven by a host of factors like corporate earnings, coronavirus cases trend and geo-political developments this week, according to analysts.

Market participants will also keenly watch the progress of monsoon, with experts saying that the farm sector revival will play a key role in lifting the coronavirus-hit economy.

"With no major event, the ongoing earnings season and global cues will continue to dictate the market trend. Besides, the progress of monsoon will also be closely watched," Ajit Mishra, VP - Research, Religare Broking, said.

Globally, the rising coronavirus infections and geo-political tensions have created uncertainty on the economic recovery front.

With India's COVID-19 cases fast approaching the 11 lakh mark, the third-highest behind the US and Brazil, and the death toll nearing 27,000, participants are expected to tread cautiously going forward.

At global level, confirmed COVID-19 cases have crossed 1.4 crore and deaths totalled about 6 lakh.

Markets globally will closely follow developments on the trade and political level between the US and China, according to analysts.

"We would continue witnessing stock-specific action as the earnings season unfold. Though the near-term momentum looks positive, we would advise traders to be cautious, given flaring US-China trade relations, persistent rise in virus cases and implementation of fresh lockdowns in parts of the country," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

HDFC Bank will remain in focus on Monday after having announced its June quarter earnings on Saturday.

The lender reported 19.6 per cent rise in its standalone net profit at Rs 6,658.62 crore for April-June 2020; while its income rose to Rs 34,453.28 crore during the quarter.

Other major companies to announce their quarterly results this week are Axis Bank, Bajaj Finance, Hindustan Unilever Limited, Bajaj Auto and ITC.

"Going ahead market participants will closely track the development related to covid vaccine, the rising infection of coronavirus, development on economic activities, corporate earnings and US-China relationship," said Sumeet Bagadia, Executive Director, Choice Broking.

On weekly basis, the Sensex gathered 425.81 points or 1.16 per cent, and the Nifty gained 133.65 points or 1.24 per cent.

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Agencies
July 18,2020

New Delhi, Jul 18: India's national cybersecurity agency CERT-in, has warned people of credit card skimming spreading across the world through e-commerce platforms.

Attackers are typically targeting e-commerce sites because of their wide presence, popularity and the environment LAMP (Linux, Apache, MySQL, and PHP), the Computer Emergency Response Team (CERT-In) said in a notice on Thursday.

Recently, attackers targeted sites which were hosted on Microsoft's IIS server running with the ASP.NET web application framework, it said.

Some of the sites affected by the attack were found to be running ASP.NET version 4.0.30319, which is no longer officially supported by Microsoft and may contain multiple vulnerabilities, CERT-In said.

The notice also included a list of best practices for website developers including the use of the latest version of ASP.NET web framework, IIS web server and database server.

The advisory is based on research by Malwarebytes which found that this skimming campaign likely began sometime in April this year.

Credit card skimming has become a popular activity for cybercriminals over the past few years, and the increase in online shopping during the pandemic means additional business for them, too, Malwarebytes said in a blog post, adding that attackers do not need to limit themselves to the most popular e-commerce platforms.

Researchers from global cybersecurity and anti-virus brand Kaspersky had warned in December last year that more cybercriminal groups will target online payment processing systems in 2020. 

It said that over the past couple of years, so-called JS-skimming (the method of stealing of payment card data from online stores), has gained immense popularity among attackers. 

Kaspersky researchers in their report said they are currently aware of at least 10 different actors involved in these type of attacks.

Their number will continue to grow during the next year, the report said, adding that the most dangerous attacks will be on companies that provide services such as e-commerce as-a-service, which will lead to the compromise of thousands of companies.

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