13 Sep

Senate House Working On NDAA Defense Funding This Week

first_img ADC AUTHOR The Senate Armed Services Committee kicked off Capitol Hill’s defense legislative activity Monday afternoon as the Readiness subcommittee began markups of the fiscal 2020 National Defense Authorization Act in a closed Monday afternoon session.Tuesday morning the House Appropriations Committee finalizes its defense spending bill, hoping to complete it before the upcoming Memorial Day recess. The House will debate its bill in a public hearing.The Senate Armed Services Committee’s fiscal 2020 NDAA markup and most of its subcommittee activity will be closed except the Personnel panel which will hold a public markup Tuesday afternoon.The House defense appropriations bill and Senate’s NDAA draft are both key to setting fiscal 2020 DOD funding, though final appropriations aren’t expected until next fall. Once approved, the measures will establish defense spending toplines for the GOP-led Senate and Democrat-led House, and will tee up negotiations over the summer.Here is a roundup of the important hearings taking place on Capitol Hill this week:House Transportation Committee hearing with Coast Guard officials testifying on the fiscal 2020 budget, Tuesday, 10 a.m.House Appropriations Committee markup of the defense appropriations bill, Tuesday, 10:30 a.m.House Armed Services Committee/House Veterans’ Affairs Committee joint hearing with DOD and VA experts testifying on preventing veteran suicide, Tuesday, 2 p.m.Senate Armed Services Committee Personnel subcommittee markup of the fiscal 2020 NDAA, Tuesday, 2:30 p.m.Senate Armed Services Committee closed-door markup of the fiscal 2020 NDAA, Wednesday, 9 a.m.House Veterans’ Affairs Committee hearing on implementation of the VA Mission Act, Wednesday, 10 a.m.House Veterans’ Affairs Committee hearing with oversight agencies testifying on ideas to improve VA efficiency, Wednesday, 2 p.m.Senate Veteran’s Affairs Committee hearing on a series of VA health and benefits bills, Wednesday, 2:30 p.m.last_img read more

5 Sep

Budget 2015 3yr FDs could get Tax Exemption Financial Institutions Call for

first_imgReutersThe upcoming Budget 2015 could see the Narendra Modi government making fixed deposits of three years and above tax-free against the current five-year term, in a bid to bring term deposits on par with mutual funds and tax-free bonds, which have seen a large number of investors. In a pre-budget meeting with Finance Minister Arun Jaitley, senior bank executives and heads of financial institutions recommended the introduction of corporate tax slabs, in the lines of individual taxation.The banking industry reportedly strongly supports the idea of fixed deposits of lower maturity being considered for tax-free status. In the recent past, mutual funds have been able to draw many customers, thanks to the three-year lock-in period, making the financial instruments more attractive to the common man.However, banking officials want a level playing field, and fixed deposits allow the cost of funds to be brought down. Tax rebates under Section 80C are inconsistent in their minimum lock-in periods, with investments in public provident funds account being locked-in for 15 years, while the national savings certificate has a six-year lock-in period, and three-years for equity linked savings scheme (ELSS.)As a percentage of gross domestic spending, financial saving has slipped by 10 basis points to 1.7% in 2012-13, with gross domestic savings too witnessing a more significant 1.2% fall to 30.1%, for the same period, according to EconomicTimes.Currently, investments up to ₹1.5 lakh in post office savings schemes, bank deposits, principal on home loan, public provident fund and life insurance are exempted from tax.last_img read more

5 Sep

Sensex rebounds by 213 points on bargian hunting

first_imgBargain hunting and unravelling of short positions by investors propelled a barometer index of the Indian equities markets into provisionally closing with gains of 213 points on Thursday.The barometer 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) made gains after six consecutive days of losses. It provisionally closed higher by 213 points or 0.85 percent during the day’s trade.Similarly, the wider 50-scrip Nifty of the National Stock Exchange (NSE) made gains during the day’s trade. It rose by 71 points or 0.93 percent at 7,683.25 points.The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 25,136.71 points, provisionally closed at 25,248.56 points (at 3.30 p.m.) — up 212.52 points or 0.85 percent from the previous day’s close at 25,036.05 points.The Sensex touched a high of 25,289.58 points and a low of 25,034.14 points during the intra-day trade.The barometer index had receded by 1,134.23 points during the last six consecutive sessions, whereas the NSE Nifty declined by 343 points.Market observers said that short coverings of position by investors led the relief rally after six consecutive days of losses.”Markets ended in the green after six straight sessions of losses led by covering of short positions by traders,” Vaibhav Agarwal, vice president and research head at Angel Broking, told IANS.Agarwal pointed out that markets positive trajectory might be short-lived due to the logjam in parliament and absence of fresh triggers.”We do not expect any meaningful upside from current levels in the absence of any major trigger,” Agarwal elaborated.”Investors will watch out for inflation and industrial production data over the next couple of days, for further direction. We also expect volatility to spike next week ahead of the US FOMC (Federal Open Market Committee) meet.”Lately investors confidence was eroded due to the logjam in parliament which has dimmed the prospects of the Goods and Services Tax (GST) bill getting passed during the winter session.Should the bill not secure clearance in this session, it will miss its intended roll-out date of 1 April next year.Moreover, the continued selling of equities by the foreign investors ahead of a likely US rate hike spooked investors.Apart from value buying and short coverings, forecast of positive monthly industrial output and inflation data points slated to be released on Friday brought back investors said Anand James, co-head, technical research desk with Geojit BNP Paribas Financial Services.”Forecast and expectations of healthy index of industrial production (IIP) data and cooling of consumer price index (CPI) has added positive sentiment to the markets,” James told IANS.last_img read more

3 Sep

SC accepts lower court judges disciplinary rules

first_imgSupreme CourtThe Appellate Division of the Supreme Court on Wednesday accepted the gazette notification on the disciplinary rules for lower court judges, reports UNB.A five-member Appellate Division bench, led by acting chief justice Abdul Wahhab Miah, granted the disciplinary rules citing that the government issued the gazette giving primacy to the opinions of the apex court at every stage.Some media outlets are making unnecessary comments on gazette notification without reading it, the apex court observed.Earlier, attorney general Mahbubey Alam read out the gazette on judges’ disciplinary rules before the Appellate Division bench.On 11 December last, the government issued the gazette notification.Later, on 13 December, the SC fixed 3 January (today) for an order on the notification.The lower judiciary was officially separated in November 2007 but the disciplinary rules for lower court judges had not been formulated.On 2 December 1999, the Supreme Court in the Masdar Hossain case issued a seven-point directive, including formulating separate disciplinary rules, for the lower court judges.The law ministry on 7 May 2015 sent a draft of the rules to the Supreme Court which was similar to the Government Servants (Discipline and Appeal) Rules 1985.last_img read more

3 Sep

Russia forces among dozens dead in IS east Syria attacks

first_imgA man carries a wounded child out of a building following a car bomb explosion in the northern Syrian city of Idlib on May 26, 2018. Photo : AFP Russia forces among dozens dead in IS east Syria attacksRussian fighters were among dozens of pro-government forces killed in eastern Syria this week in a deadly wave of attacks by Islamic State group jihadists, Moscow and a monitor said Sunday.After the collapse of its so-called “caliphate” last year, IS now only holds tiny pockets of Syria, mainly in the vast desert stretching to its eastern border.This week, the jihadists ramped up their hit-and-run attacks on regime positions there, according to the Syrian Observatory for Human Rights war monitor.The deadliest was on Wednesday, when IS targeted a group of Syrian and allied Russian fighters near the town of Mayadeen in the eastern province of Deir Ezzor.”There were 35 pro-government forces killed, including at least nine Russians. Some of those Russian nationals were government troops, but not all of them,” said Observatory head Rami Abdel Rahman.The remaining 26 were all Syrian forces, he told AFP. A steadfast ally of President Bashar al-Assad, Moscow has helped his army recapture swathes of territory since 2015 by providing air strikes and ground troops.There are also widespread reports of private Russian mercenaries on the ground.Moscow’s defence ministry said Sunday four of its servicemen were killed in clashes in Deir Ezzor.Two were military advisers supporting Syrian artillery operations and died immediately, and another two died of their wounds in a Russian-operated military hospital in Syria.Three others were wounded.IS claims attackRussia did not specify when, where, or whether IS was involved, but it appeared to be the same incident as the IS attack reported near Mayadeen.The jihadist group itself claimed it attacked regime forces in eastern Syria on Wednesday.The assault was the largest in series of IS guerilla raids on regime positions this week.On Tuesday, 26 regime forces were killed in a surprise IS attack in desert areas of the neighbouring province of Homs, according to the Observatory.And a pair of IS assaults between Saturday night and Sunday morning killed at least 11 pro-regime forces in Deir Ezzor.”The latest attack brings to 76 the number of Syrian troops and allied Iranian and Russian forces killed since the escalation,” Abdel Rahman said Sunday.He said the uptick came the day after the last IS fighters were bussed out of southern parts of Syria’s capital Damascus, including the ravaged Palestinian camp of Yarmuk, in a negotiated withdrawal.Many headed towards the Badiya, the stretch of Syrian desert extending from Homs province through Deir Ezzor to the eastern border with Iraq.The Observatory said the evacuated fighters were actively involved in the recent attacks.”IS is trying to take the initiative and show it can still threaten the regime and its allies despite the losses it suffered in other areas,” said Abdel Rahman.Government positions in the Badiya make for an easy target: they are few and far between, so reinforcements take a long time to arrive.’Hinder’ armyRussian-backed Syrian troops hold the western half of Deir Ezzor province, which is divided diagonally by the Euphrates River. US-backed fighters hold the east bank.The river is meant to serve as a de-confliction line to prevent the two sides from clashing as they pursue separate assaults against IS.A Syrian military source based in the east told AFP that Assad’s troops had cleared large parts of territory from IS, which was now lashing out.”Daesh wants to hinder the army’s combing operations in the Badiya by waging these intermittent attacks,” said the source, using the Arabic acronym for IS.It confirmed Russian military advisers were present during Wednesday’s attack and were among those killed.Russia’s government officially acknowledges that 92 soldiers have been killed in Syria, although some estimate the number is even higher.The highest casualties were in March, when a transport plane crashed at Hmeimim airbase where Moscow’s airforce is based, killing all 39 people on board.On Sunday, a local Russian newspaper in the Siberian city of Chita reported on the funerals of four soldiers it said were killed in Syria on May 23.The international group Conflict Intelligence Team said up to six Russian soldiers could have been killed in the attack, quoting social media reports of a funeral for a Russian soldier that took place in the Western Russian city of Smolensk this week.last_img read more

3 Sep

Jimmy Carter to teach Sunday school days after breaking hip

first_img Tagshomepage featured Jimmy Carter Sunday school,You may also like The Associated Press,Load Comments,Israeli health advocate pens prayer to encourage vaccination News • Photos of the Week By: The Associated Press News Share This! By: The Associated Press Share This! The Associated Press By: The Associated Press Instagram apostasy stirs controversy over Christian ‘influencers’ August 30, 2019 Vatican, Catholic colleges weigh-in on emerging AI ethics debate Facebook Twitter Pinterest LinkedIn ReddIt Email,About the authorView All Posts As Amazon burns, Vatican prepares for summit on region’s faith and sustainabilit … August 30, 2019 Photos of the Week August 30, 2019 Catholicism Share This! Share This! Facebook Twitter Pinterest LinkedIn ReddIt Email Facebook Twitter Pinterest LinkedIn ReddIt Email Share This! Facebook Twitter Pinterest LinkedIn ReddIt Email Facebook Twitter Pinterest LinkedIn ReddIt Email,ATLANTA (AP) — Former President Jimmy Carter plans to teach Sunday school this weekend just days after undergoing surgery for a broken hip, a spokeswoman said Thursday.Carter, 94, was released Thursday morning from a Georgia hospital after getting a hip replacement. He plans to continue recuperating at his home in rural Plains, said a statement from Carter spokeswoman Deanna Congileo.RELATED: A Bible study led by 92-year-old Jimmy Carter is a sight to behold (COMMENTARY)Carter’s wife, Rosalynn Carter, went home with her husband after she was admitted to the hospital Wednesday for observation and testing after she “felt faint,” Congileo said.“Both President and Mrs. Carter extend their thanks to the many people who sent well wishes the past few days,” Congileo’s statement said.Jimmy Carter suffered a broken hip Monday as he was leaving to go turkey hunting. Congileo said he will undergo physical therapy as part of his recovery.She said Carter also plans to teach his regular Sunday school class this weekend at Maranatha Baptist Church in Plains.RELATED: Jimmy Carter, 93, talks about his new book: ‘Faith’Carter became the longest-lived president in U.S. history in March when his age surpassed that of former President George H.W. Bush, who died Nov. 30 at the age of 94 years, 171 days.Nearly four years have passed since Carter revealed he had been diagnosed with cancer. Carter said in August 2015 he had melanoma that had spread to his liver and brain. He received treatment for seven months until scans showed no sign of the disease.last_img read more

2 Sep

CenterPoint Energy Sending Resources To Florida Not Impacting Houston Recovery

first_img Share View the map on the CenterPoint Energy siteMore than 80 CenterPoint Energy linemen and support personnel are heading East Monday morning to assist a fellow utility with anticipated power outages resulting from Hurricane Irma.As the Houston area continues to recover following Hurricane Harvey, CenterPoint Energy says they have ample resources available to continue restoration efforts for customers in Houston who are able to receive power.CenterPoint Energy partners with other utilities in mutual assistance agreements to provide resources during widespread power outage emergencies.last_img read more