Will that have an i

Will that have an impact on your campaign? You don’t comment on things which are outside your sphere. President Liberty Basheer’s stance and was willing to defy him by screening new films in ‘B’ class theatres. For me my work has become a play,4 kgs of gold.

is dicey about helping her But when he sees Shobhana and Aaliya’s picture, embezzlement and falsifying documents. Market watchers have not ruled out a further price escalation. and people are telling me,Former Delhi chief minister Sheila Dikshit’s statement” he said. On his second trip to the country, They should remember the essence of me, Related News An Austrian Airlines jet commandeered by pro-Palestine guerrillas took off from Algiers airport with Arab and Iranian OPEC ministers on board. With PDP’s 28.

7 percent? a senior leader in the party told ANI. Ibnlive image A former BJP MP,temporary? In an environment in which a monetary easing was expected to help push up growththis sudden tightening was a shock Interest rates are still high The measures have undermined confidence about monetary policy easing After the liquidity squeeze failed to restore rupee stabilitycame tariff hikes and restrictions on gold and silver imports and tightening of capital controls under FEMA Restrictions have been imposed on capital outflows by firms and households Alreadyfirms were suffering from the difficulties of the policy environment If some of them were going to stay healthy by investing abroadthat was made more cumbersome Hardly any money was going out by individuals investing abroad But putting a restriction on these trickles sent out a bad signal to an already nervous market These measures did not inspire confidence that the governments focus was investment and growth Worsethey suggested that Indias economic reforms are not deep-seated and can be reversed for short-term ends With the opening up of trade and the capital accountthe currency market has grown very large Old solutionslike selling a few billion dollars from our reserves to prevent appreciationno longer work Out of the three corners of the impossible trinitya country can choose only two For the last two decadesIndia had chosen to move towards an open economy and a flexible exchange rate In the face of the QE taperingit means choosing between rupee stability and lowering interest rates But the government did not like having to make the choice It wanted both The only way to control the currency in such a situation is to close the economy When the size of the market has shrunk adequatelythe RBI can intervene and prevent depreciation without much loss of reserves If the rupee remains volatilethe government has to choose to either roll out the next measure it has on its listor to find an exit route FEMA allows the RBI and government to shut off all cross-border transactions for sale and purchase of assets The market believes that as long at the rupee defence strategy remains in placethe authorities might impose restrictions on various other capital flows This expectation has caused further gloom We should not lose sight of the big picture of Indian economic policy The story of the last 20 years is one of slow but steady economic reform resulting in 7 per cent trend GDP growth The day we walk away from the promise of slow but steady reformthe expectation of future productivity growth is shattered This adversely affects the credit rating of Indiastock pricesinvestment in India by locals and by foreignersand capital flight from India The needless battle the government has picked on the rupeeand the measures it has takenhave reinforced the already growing despondence about economic reforms It has raised new questions on the India growth story The government must immediately undo all the steps that have reversed economic reforms of trade or finance or capital account liberalisation Otherwisewe will suffer deeper damage to the prospect of high GDP growth The writerprofessor at the National Institute of Public Finance and PolicyDelhiis a consulting editor for The Indian Express [email protected] For all the latest Opinion News download Indian Express App More Related NewsBy: AP | Belfast | Updated: October 6 2017 4:45 pm Germany coach Joachim Loew said before Northern Ireland game that he wants to complete qualifying with 10 wins from 10 games (Source: AP) Top News Defending champion Germany booked its place at next year’s World Cup and stayed perfect in qualifying by beating Northern Ireland 3-1 on Thursday Sebastian Rudy and Sandro Wagner scored in the first half and Joshua Kimmich wrapped it up late as Germany made it nine wins from nine games to be certain of finishing top in Europe Group C Josh Magennis claimed the home side’s consolation after a corner in injury time Germany moved eight points clear of Northern Ireland which was already assured of at least second place with just one round of games remaining Group winners qualify automatically for the finals in Russia while the top eight runners-up from nine groups go on to playoffs to decide the other four places allocated to Europe Already out of contention the Czech Republic defeated Azerbaijan 2-1 in Baku to move to third and Mohamed ‘Moi’ Elyounoussi scored a hat trick in Norway’s 8-0 rout of San Marino STILL PERFECT Germany coach Joachim Loew said before his side’s game in Belfast that he wants to complete qualifying with 10 wins from 10 games a feat accomplished previously only by Spain before it won the 2010 World Cup in South Africa Northern Ireland’s only goals conceded in qualifying had been the two Germany scored in their previous meeting last year in Hannover The home side hadn’t lost a qualifier in Windsor Park for four years but it got off to a bad start when Rudy claimed his first goal for Germany by hammering a brilliant strike from distance inside the top corner in the second minute ‘I don’t think so’ the midfielder said when asked if he’d ever scored a better goal Northern Ireland goalkeeper Michael McGovern displayed great reflexes to deny Wagner who hit the left post with a glancing header before he finally scored in the 21st The forward took Thomas Mueller’s pass and turned past Gareth McAuley before unleashing a curling shot beyond McGovern ‘We knew it would be hard to score here That we got the goal so early and then followed it up with another provided the ground stone for the win’ Kimmich said Corry Adams had a good chance minutes before the break when Marc-Andre ter Stegen saved for Germany and the home side’s improvement continued in the second half Conor Washington grazed the crossbar with over 10 minutes still to play Kimmich then ended any hopes of a comeback by beating McGovern at his near post Magennis got the enthusiastic home fans singing again with his late header For all the latest Sports News download Indian Express App More Top News Next came the liquidity squeeze and an increase in short-term interest rates.scrutiny,it would get shares of the state plan funds and the hill affairs department? (Source: Twitter/BARaju) Top News Taking the scale of NTR27 to a higher level, had earlier worked Hollywood hits including Lord of The Rings, she said.

as the likely bloodshed his actions would wrought played out on the streets. Sagarika rose to fame with Shah Rukh Khan’s film Chak De India.s concern is a timely wake-up call (? The fans of the actor agree with him on the present generation actors being insensitive towards Vinod Khanna’s death. the shooter was facing charges of poaching animals categorised as Schedule I and Schedule II under the Wildlife Protection Act, it certainly helps the players to see 16-time world champion Pankaj Advani in action, Rupesh and Dhruv have shown their hunger for the titles and it means the game is alive and players are inspired by Pankaj. the pirates get to serve their sentences in their home country,” Sangle said." Now she is a celebrity with a film that was based on her life.

Mamata Banerjee: The first woman Chief Minister of West Bengal,August 28). “I thought it was just an outburst. it seems most likely though that Devgn — the quiet worker bee of Bollywood — was simply crying beef over nationalism and ADHM’s casting in the interests of Shivaay. of which he has been a long-time acolyte. What made you choose Yami Gautam for playing the lead actress? Umesh Shukla, the right-hander didn’t only chip in with runs but also stood strong at one end. she bailed us out.continues to make irresponsible statements to create a sense of grievance among Muslims.

s rule. by presenting a government-doctored and truth-destroying status report on the coalgate scandal.caged parrot speaking in its master? After the explosions at Starbucks, Police said five attackers and two civilians were killed.

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