Sunday, 14 August 2011

I am single now and I don't know about 'him': Katrina

Katrina Kaif, to an Indian Kashmiri Father and...

Katrina Kaif’s success story is a combination of hard work and a heavy dose of luck. Criticised for acting, diction and language at the beginning of her career, Kaif today is in an enviable position having signed three movies with Yashraj Films, and might grab that coveted role opposite Aamir Khan in Dhoom 3. She tells Priyanka Pereira about her journey to the top and pairing with Salman Khan, though this time just on screen.
After a rather unconventional role in Zindagi Na Milegi Dobaara , will Mere Brother Ki Dulhan take you a notch higher?
It was a very risky role because the character Dimple did not fit in as the traditional Bollywood heroine. We had this joke going on where people told me, that after watching this film my fans are going to send me 'Get well soon' cards--they are either going to think I am crazy or simply love the character.
People are already talking about your grunge look in the song Dhunki .
All the college kids are loving it. They love dressing up that way and it is an easy look to achieve.
Your Hindi seems to have improved a lot of late. Are you still continuing with your training?
Of course, I am. I still practise Hindi. I have tutors on every film, who help me with the diction and language.
Imran Khan said in an earlier interview that MBKD will silence those who doubt your acting abilities. You think so?
Imran meant it in a nice way but I told him I did not think anyone doubted my acting credentials (laughs). So then Imran became silent.

SBI net profit down by 45.7% to Rs1,584 crore

Economic development in India
On the back on higher provisioning for bad loans and investment depreciation, State 

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Bank of India’s (SBI) net profit fell by 45.7 per cent to Rs 1,584 crore in the April-June quarter of 2011-12 compared to Rs 2914 crore in the previous quarter. However, the bank’s net interest income (NII) rose nearly 33 per cent to Rs 9,699 crore.

Provisions for non-performing assets (NPA) increased by 75 per cent to Rs 2,782 crore compared to Rs 1,733 crore in the same period previous year. Total income for the quarter increased by 25 per cent to Rs 27,732 crore (Rs 22,142 crore). Net NPAs of the bank has come down to 1.61 per cent in April-June 2011-12 compared to 1.70 per cent in the previous year.

Net interest margin (NIM), which is key driver of profitability of banks, improved to 3.62 per cent in April-June quarter 2011-12 compared to 3.18 in the corresponding period in the previous year. SBI expects to maintain the NIM at 3.5 per cent level for rest of the financial year.

Talking about fresh slippages coming from across sectors such as iron and steel, mining, infrastructure, textile, gems and jewellery, Choudhuri said that it is indicative of overall stress in the economy. Bank is also looking at additional capital from the government to strengthen its capital adequacy ratio. “The government is committed to a well capitalised SBI. It will put in substantial money for rights issue. We expect the government to infuse Rs 5,000-9,000 crore worth of capital into SBI,” Choudhuri said.

The bank’s market share in advances has increased, while its market share in deposits has decreased on quarter-on-quarter basis. Current account savings account (CASA) ratio of the of the bank improved to 47.89 per cent compared to 47.51 per cent in corresponding period in the previous year.

Total deposits went by 16.5 per cent to Rs 9,50,072 crore. Advances increased by 18.7 per cent to Rs 7.88,153 crore.

SBI is expecting deposit growth of 20-21 per cent and credit growth of 16-18 per cent in 2011-12. The bank expects operating profit of Rs 7,000 crore and net profit of Rs 2,500 crore in In July-September quarter of 2011-12.

SBI net drops 46% in Q1 on higher bad loan provisioning


Higher provisioning for non-performing assets (NPAs) and depreciation on investments dented State Bank of India's net profits for the first quarter ended June 30, 2011 to Rs 1,584 crore, down 46 per cent decline over Rs 2,914 crore recorded in same period last year.
The sharp fall was despite a 32-per cent increase in net interest income (NII) at Rs 9,700 crore (Rs 7,304 crore) and an 18 per cent increase in operating profit at Rs 7,242 crore (Rs 6,134 crore). However, the latest quarterly net profit was much higher than the Rs 20.88-crore recorded in the last quarter of fiscal 2010-11.

NIM GUIDANCE

The net interest margin (NIM) stood at 3.62 per cent (3.18 per cent). “I had at the beginning of this fiscal given an NIM guidance of 3.5 per cent. We have done better at 3.62 per cent in the first quarter.
Now that we have hiked our base rate to 10 per cent, I am tempted to raise my NIM guidance for the fiscal to 3.6 per cent,” the Chairman, Mr Pratip Chaudhuri, told reporters at a press conference here on Saturday.
Mr Chaudhuri, who assumed charge in April, said that he expects an NII of Rs 10,000 crore and a net profit of Rs 2,500 crore in the second quarter of this fiscal.
SBI's bottomline performance in the first quarter was weighed down by a 60-per cent increase in provisioning for NPAs at Rs 2,782 crore (Rs 1,783 crore).
The Reserve Bank of India's recent move to impose stiffer prudential norms for sub-standard and doubtful assets compounded the problem for SBI as it had to make an additional one-off provision of Rs 995 crore (part of Rs 2,782 crore) for the quarter under review.
Also, an additional provision of Rs 550 crore was made towards the shortfall in countercyclical provisioning buffer which is to be met by September 30, 2011.
Besides provisioning for NPAs, the bank also made a provision of Rs 1,048 crore towards depreciation of investments in government securities and equity portfolio.
Of this Rs 1,048 crore, the provision for depreciation in Government securities stood at Rs 450 crore, diminution in value of SBI Bonds (Government contribution for bank's 2008 rights issue) at Rs 218 crore and equities portfolio at Rs 300 crore.
On a consolidated basis, SBI's net profit for the first quarter stood at Rs 2,770 crore (Rs 3,447 crore) on a total income of Rs 39,126 crore (32,808 crore).

COST OF DEPOSITS UP

Mr Chaudhuri said the average cost of deposits for the quarter under review was up 39 basis points at 5.66 per cent as on June 2011 from 5.27 per cent as on June 2010 and by 40 basis points from 5.26 per cent as on March 2011.
On the other hand, the yield on advances was up by 113 basis points at 10.43 per cent as on June 2011 from 9.30 per cent as on June 2010 and by 87 basis points from 9.56 per cent as on March 2011.

Recalling When a Wall Split a City Apart

Günter Schlusche stood in what was once the foundation of Bernauer Street 10A, right in front of the cinder blocks and mortar that remained, just as they had half a century earlier, when East German workers bricked up the house’s windows the day the Berlin Wall went up.


“This is like a sunken ship that has surfaced to tell its story,” Mr. Schlusche said of the border house, evacuated on Sept. 24, 1961, and demolished less than four years later. The foundation was recently unearthed as workers expanded a section of the Berlin Wall Memorial that will be unveiled on Saturday to commemorate the 50th anniversary of its construction.
“Although it may not be a Greek temple, this is archaeology,” Mr. Schlusche said, shouting to be heard over the din of landscapers running mowers and leaf blowers to prepare for the arrival of Chancellor Angela Merkel, who will attend the ceremony.
Two years ago, the 20th anniversary of the fall of the wall was celebrated by the German government with guests from all over Europe. A ceremonial toppling of giant dominoes was meant to represent the fall of Communism across Eastern Europe.
This is a darker moment to recall, the morning of Aug. 13, 1961, when Berliners awoke to find that soldiers had erected barbed-wire barricades, closed down road traffic and sealed off rail links between East Berlin and West Berlin. To this day, the memory dredges up unresolved issues. Germans have never quite come to terms with the building of a wall that sundered their city for 28 years, forging a border where Germans shot Germans for trying to travel across town.
The degree of ambivalence about the fall of Communism and the end of the East German state was evident in a survey published by the daily newspaper Berliner Zeitung, in which a third of Berliners thought that the building of the wall was either justified or partly justified to stem the tide of refugees leaving for the West.
The task has fallen to Mr. Schlusche, the Berlin architect who coordinated the construction of the Holocaust Memorial not far from the Brandenburg Gate, to act as the conductor of the orchestra of builders, landscape architects, designers and painters to create a fitting monument on nearly a mile of land here that could finally help Germans come to terms with this element of their complicated past.
The problem that confronted Mr. Schlusche and the team from the Berlin Wall Memorial was how to evoke the ominous feelings of a wall that is now mostly gone. Work crews demolished large sections of the wall after it was finally opened on Nov. 9, 1989, while individuals chiseled away pieces for souvenirs. Within a few years visitors could no longer tell in many cases where this relic of the cold war once stood.
The incomplete memorial is like a park, with peaceful fields of grass punctuated with information stands. Famous pictures are reproduced on the sides of adjoining buildings, such as the photographer Peter Leibing’s iconic image of a young East German soldier in his metal mushroom-shaped helmet making a balletic leap over the barbed wire to freedom. It is striking as a 20-foot-tall, black-and-white painting.
But sections of the wall itself remain the focal point. Alongside original sections of the barrier, workers erected metal poles of the same height — roughly 12 feet — made from red-rusted steel that is often used in sculptures.
“A reconstruction is never authentic,” Mr. Schlusche said. “We are preserving the authentic.” The metal poles represent what he calls a “remapping” of the wall, not an attempt to recreate.
Ingrid Böttcher, a Berlin resident for 46 years, said she was uncertain about the steel poles when she read about them in the newspaper. But standing in front of them she declared, “It works.” She was hosting visitors and had just come from showing them the famous border crossing called Checkpoint Charlie, which she said was “just a carnival,” with actors in old military uniforms posing for photographs in a sea of tourists.
Bernauer Street is more reflective. The displays include photographs of the victims, including small children, killed trying to cross the border. Visitors listen to audio testimony and watch videos as they walk along the former death strip, the no man’s land on the eastern side of the wall where guards shot to kill.
“You would be dead and he would be dead, and I would have quickly ducked over there,” said Axel Marquardt, 46, who grew up in the former East Germany near Magdeburg.
Mr. Marquardt recalled the first time he saw the wall. It was winter and he could see the prints from the guard dogs in the snow. He said he watched the patrols go by and thought to himself, “You could never make those 10 meters,” or roughly 30 feet.
Disagreements over the wall’s place in history are usually descried in terms of East Germans versus West Germans. But the lingering animosity today is mostly among East Germans, pitting the victims of the government against those who worked for the system, said Hope M. Harrison, a professor of history and international affairs at George Washington University. She was in Germany this month promoting the translation of her book detailing how the Soviets tried to resist the demands of the East German leader, Walter Ulbricht, to seal off Berlin.
“Among German historians and German experts it’s now taken for granted that Ulbricht wanted to close the border and the Soviets didn’t,” Ms. Harrison said. “But most Germans still put it off on the Soviets and the cold war and the U.S.-Soviet conflict.”
Mr. Schlusche said despite the remaining disagreement, the project was in many ways less controversial than the Memorial to the Murdered Jews of Europe, designed by the New York architect Peter Eisenman and made up of 2,711 gray concrete slabs of different heights, placed not far from the Brandenburg Gate.
“That was a symbolic location whereas here we have the original location,” Mr. Schlusche said. Beneath his feet, strips of metal marked where tunnels to freedom were dug under the wall by escaping East Germans, and a few feet away where a tunnel by the Stasi, the East German secret police, was dug to prevent them.
The memorial is half a mile long right now and will ultimately stretch to four-fifths of a mile. “Our job,” Mr. Schlusche said, “is to make the terrain speak for itself.”

Libyan rebels' key town battle

Tripoli in Libya on the Kitab-ı Bahriye (Book...

Libyan rebels have been involved in a gun battle in the key town of Al Zawiyah just 18 miles (30km) from the capital Tripoli.

The rebels claim they have reached the centre of the town, but the Gaddafi regime says it remains in control.
A plume of smoke could be seen rising to the north of the town, close to the Mediterranean coastline, and there was sporadic gunfire to the south.
Ian Woods, Sky News senior news correspondent, was with two colleagues from other media organisations, travelling along the main coast road towards Tripoli along with two Libyan government minders, when their minibus became caught up in the firefight.
He reported: "We were making the regular journey from the Tunisian border to Tripoli to be based at the government supervised Rixos Hotel in the city.
"Earlier in the day several members of the media travelled in the opposite direction without incident.
"But at around 5pm, the minibus was waved to a halt by soldiers on the outskirts of Al awiyah and was forced to take a detour through the northern suburbs.
"However, as it did so, gunfire could be heard and government soldiers were seen retreating down side streets, waving the minibus away."
Al Zawiyah was the scene of fierce fighting five months ago, witnessed by Sky's Alex Crawford.
She and her colleagues filmed 2 days of artillery assault by government tanks, attacking rebels who were trying to defend the town.
It was eventually recaptured, but many civilians were killed.
It has been held by the regime ever since, but it's strategic location on the coast makes it a prized target for the National Transitional Council because it would cut the regime's supply lines to the west of Tripoli.

PM asks Anna to take grievances to Delhi police

Manmohan Singh, current prime minister of India.
A fresh standoff on Saturday appeared to be brewing between Anna Hazare and government with the Gandhian seeking Prime Minister Manmohan Singh's intervention over the strict conditions imposed for his indefinite fast from August 16 but was sternly told by him to approach the Delhi police




In a late night response to Hazare who rejected Delhi police conditions to limit his protest to three days and 5,000 people, Singh told the social activist that his grievances needed to be "addressed by the statutory authorities who have taken the decision".
"My office does not in any way get involved in the decision-making process", the Prime Minister said.
Hazare accused the government of "deceit" by putting conditions on his agitation and sought the intervention of the Prime Minister asking him to "show courage" and protect his fundamental rights.
Singh said "the terms and conditions on which you are entitled to carry on with your protest are decided by the statutory authorities concerned taking into account the prevailing circumstances and other relevant factors".
The Prime Minister went on to add "we are all committed to the Constitution of India and to uphold it in both letter and spirit".
Address
ing a press conference after Delhi Police sent a letter carrying 22 conditions, Hazare made it clear that he was ready for any eventuality in case government decides to crackdown on his protest, saying he would not mind going jail or beaten up by police.
"Fast will take place in Jai Prakash Narain Park. We will continue with the protest beyond three days...the government is scared that its corruption will be exposed," said a defiant Hazare whose fast in April had forced the government to come out with a lokpal bill with which he is not satisfied.
The government introduced lokpal bill in Lok Sabha which has been referred to Standing Committee of Parliament and is expected to be taken up in the winter session.
The ambit of the proposed legislation excludes the Prime Minister, the higher judiciary and the conduct of MPs inside Parliament but Hazare wants the Bill to cover them besides the entire bureaucracy.
Lawyer Shanti Bhushan said they agree with almost all the conditions laid by Delhi Police for the protest but would not give an undertaking that the protest will end by the third day and the number of protesters will not go beyond 5,000. termning it "unconstitutional".


Saturday, 6 August 2011

UN chief urges Assad to end Syria crackdown

Video grab said to be tank in Hama. 3 Aug 2011

In a telephone call to the Syrian leader, Mr Ban also said the use of mass arrests against protesters must be stopped, the UN said.
It was the first contact between the two men since April.
President Assad is facing increasing international condemnation for using troops and tanks to quell protests.
Activists say about 1,650 civilians have been killed and ten of thousands arrested since the anti-government demonstrations began in March.
The UN Security Council recently issued a statement condemning the crackdown.
"In a phone conversation with President Assad of Syria today, the secretary-general expressed his strong concern - and that of the international community - at the mounting violence and death toll in Syria over the past days," said UN spokesman Martin Nesirky.
He said Mr Ban "reflected to the Syrian president the clear message sent by the Security Council and urged the president to stop the use of military force against civilians immediately".
Turkish concern
UN Secretary-General Ban Ki-moon (file image)
Mr Nesirky said the UN leader also renewed calls for Syria to allow missions from international humanitarian agencies and the UN High Commissioner for Human Rights.
There has so far been no response from the Syrian government.
In another development, Turkish Prime Minister Recep Tayyip Erdogan said Foreign Minister Ahmet Davutoglu would visit Syria on Tuesday.
He said Turkey could not "remain a spectator" to events across the two countries' long shared border.
"We have reached the end of our patience and that is why I am sending the foreign minister to Syria on Tuesday," Mr Erdogan was quoted as saying by the Anatolia news agency.
"He will have talks there during which he will convey our messages with determination," he said.
He added: "We do not consider the problems in Syria a question of foreign policy but a domestic matter."
On Friday, the US, French and German leaders condemned Mr Assad's use of force to quell unrest and said they were discussing "new measures" against Damascus.
The statement followed further bloodshed across Syria as security forces cracked down hard on protests following Friday prayers.

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