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The Ancient Times


  • Monday 11th of December 2017 09:40:24 AM
  •  |
  • Temperature 23.06°C, Weather Haze, Cloud 0%, Wind 1.5m/s

New Delhi: The government's decision to opt out of a $500 million missile deal with Israel will leave Indian soldiers badly out-gunned by Pakistani forces, army sources told NDTV today. The bottom line is this: Pakistan has portable anti-tank missiles for its infantry soldiers which can strike Indian tanks and bunkers that are at a distance of 3-4 km; India's equivalent missiles have a range of just 2 km. India has exited advanced negotiations to buy 1,600 Spike anti-tank guided missiles because it wants a similar missile, which would boost the army's firepower, to be developed and built at home as part of Prime Minister Narendra Modi's push to reduce the country's dependence on importing arms. Spike is a man-portable "fire and forget' missile that can hit moving targets such as a tank. It is versatile since the missile independently tracks the target upon being fired. This allows the infantry soldier who has fired the missile to quickly move for cover. Spike is produced by Israel's Rafael Advanced Defence Systems.
Pakistani foot soldiers operate a locally-made variant of the Chinese HJ-8 missile that can strike targets almost twice as far away as the missiles currently operated by the Indian Army. Pakistan's infantry also operates the US-built TOW missile which can strike targets such as tanks and bunkers even further away. The Chinese HJ-8, which Pakistan calls the "Baktar-Shikan", is designed to defeat the latest generation of explosive reactive armour mounted on the T-90, the spearhead of the Indian Army's tank formations. These missiles are meant to strike deep inside Pakistani territory in the event of a war. The Baktar-Shikan has a range of between 3 and 4 kilometres. Pakistani's TOW missiles, once the mainstay for US forces, can hit targets 4 kilometres away and has been extensively proven in combat.
By contrast, the Indian Army's infantry soldiers carry either the French-German Milan 2T or the Russian 9M113 'Konkurs' missile, both of which have a range of just 2 kilometres. Last year, India concluded negotiations with Israel's Rafael for the Spike missile which was supposed to be built in India in a joint venture with the Kalyani group, which has already constructed a missile-manufacturing facility near Hyderabad. Now, however, in a strong endorsement of the PM's Make In India programme, the government has decided to back the state-owned Defence Research and Development Organisation (DRDO) which says it can deliver a world-class missile within four years. Sources in the army tell NDTV that the development cycle required for the missile will have a serious impact on infantry formations. They add that any delay in the development, testing and induction of the indigenous missile beyond four years would be unacceptable for the army. In an interview to an Israeli newspaper, Ishai David, a spokesperson for Rafael said today, "Rafael has not been officially informed of any change in the decision to purchase missiles." The Kalyani group in India was not available for comment.


New Delhi: Results of written test held for the recruitment to the post of Forest Guard under Directorate of Forests, Government of West Bengal has been announced and uploaded on the website of West Bengal Police (www.policewb.gov.in) and Forest Directorate (www.westbengalforest.gov.in). The West Bengal Forest Guard recruitment written exam was conducted by West Bengal Police Recruitment Board. To find the result on the website the candidates should search either by keying-in their Application Si No. or Written Test Roll No. \According to the official communication, the process of PST & PET will commence on and from December 4, 2017 for which the Admit Cards will be available on the website of West Bengal Police and Forest Directorate. Candidates must appear before the Special Recruitment Board, Salt Lake, Kolkata with the printed copy of their downloaded Admit Cards for the interviews.
The results notification also said that all efforts will be made to deliver SMS alert to the candidates to their registered Mobile Number intimating the date and venue of PST & PET. However, it also said that the Board will not be responsible for non-delivery of such SMS. The Admit Cards for PST & PET will also be sent to the registered e-mail ID of the candidates. No Admit Cards will be sent by post to the candidates who applied online nor will it be made available from the Office of the West Bengal Police Recruitment Board.
WB Forest Guard Result 2017: Written Exam Results Declared @ Policewb.gov.in, West Bengal Police Website Step One: Go to the official website of West Bengal Police (www.policewb.gov.in) and Forest Directorate (www.westbengalforest.gov.i.n). T Step Two: Click on the link: 'Result of Written Test in c/w recruitment to the Post of Forest Guard under Directorate of Forest'. Step Three: Candidates may find their result by entering their written test roll number or application serial number on the official website

The Ancient Times

UK's Theresa May says sorry for poor election, vows social reforms

MANCHESTER: British Prime Minister Theresa May apologized to her party on Wednesday for a disastrous election result and promised economic help for struggling families, as she tried to restore momentum to a divided government. In a Conservative Party conference speech full of idealistic language but interrupted by a prankster, May said the election campaign had been "too scripted, too presidential." "I led the campaign, and I am sorry," she said.
The Conservatives are in a sour mood after June's snap election, called three years early in hopes of bolstering the party's majority in Parliament, saw May's government reduced to a minority administration. The poor result has left May weakened and struggling to unite a government divided over Brexit and other issues. May closed the party's annual conference with a speech telling ministers to "shape up" and focus on "the daily lives of ordinary working people." In a bid to appeal to middle- and lower-income voters, May promised to put a price cap on energy bills and to get government back into the business of building public housing. British governments, including Conservative ones, built hundreds of thousands of homes in the decades after World War II.
But Conservative Prime Minister Margaret Thatcher's decision in the 1980s to allow properties owned by local authorities to be sold to residents marked a major shift, and in the last two decades successive governments have largely left house-building to the private sector. May promised "a new generation of council houses to help fix our broken housing market." Rising prices have made home ownership an increasingly elusive goal for many, especially in London and other big cities.
May needed a strong speech to help fight off rivals to her job, including ambitious Foreign Secretary Boris Johnson. But the address did not go entirely to plan. May struggled with a cough and a hoarse voice that forced her to pause repeatedly. Midway through the speech a prankster walked up and handed May a P45, the form given to people being laid off. As he was bundled away by security, the joker, identified in media reports as comedian Simon Brodkin, said "Boris told me to do it." May's office said the prankster had been arrested for breach of the peace and there would be a "thorough investigation" into how he was able to get into the high- security conference venue.

The Ancient Times

Petrol price down Rs 2.50 a litre, diesel by Rs 2.25

NEW DELHI: Petrol price was on Wednesday cut by Rs 2.50 per litre and diesel by Rs 2.25 following the reduction in excise duty on auto fuels.
Petrol in Delhi now costs Rs 68.38 a litre, down from Rs 70.88. A litre of diesel now comes for Rs 56.89 as against Rs 59.14 previously, according to Indian Oil Corp (IOC), the nation's largest fuel retailer.
The government had on Tuesday cut excise duty on petrol and diesel by Rs 2 per litre each to moderate the relentless rise in fuel prices over the last three months.
IOC Director (Finance) A K Sharma said the cut in retail selling price is higher after factoring in its impact on VAT. As things stand, excise duty is levied on fuel produced ex-refinery. Local sales tax or VAT is levied on the total of ex-refinery cost plus excise duty and commission paid to dealers.
So, till yesterday the VAT on petrol in Delhi was Rs 15.07 while today it stands at Rs 14.54. On diesel, VAT today is Rs 8.41 per litre as against Rs 8.73 previously.
The excise duty cut paused the relentless rise in rates witnessed since July 4. While petrol prices had increased by Rs 7.80 to reach Rs 70.88 a litre in Delhi yesterday, the highest since August 2014, diesel rates had risen by Rs 5.70 to touch an all-time high of Rs 59.14.
The excise duty cut would cost the government Rs 26,000 crore in annual revenue and about Rs 13,000 crore during the remaining part of the current fiscal year that ends on March 31, 2018, the government had said yesterday. The government, which had between November 2014 and January 2016 raised excise duty on petrol and diesel on nine occasions to take away gains arising from plummeting global oil prices, has been criticised for not cutting excise duty despite a sustained rise in fuel prices since early July. In all, duty on petrol was hiked by Rs 11.77 per litre and that on diesel by 13.47 a litre in those 15 months that helped government's excise mop-up more than double to Rs 2,42,000 crore in 2016-17 from Rs 99,000 crore in 2014-15. While the costliest petrol was sold in September 2013 when it was priced at Rs 76.06 a litre in Delhi, the previous highest rate for diesel was also during the BJP rule in September 2014 when it was priced at Rs 58.97 per litre. On petrol, excise has been cut to Rs 19.48 per litre from Rs 21.48 per litre and on diesel to Rs 15.33 a litre from Rs 17.33 previously. The rise in petrol and diesel prices also reflected in wholesale price inflation, which increased to 3.24 per cent in August 2017, as compared to 1.88 per cent in July.


NEW DELHI: The Reserve Bank of India (RBI) on Wednesday kept the key interest rates unchanged , as was widely expected. Repo rate - the rate at the which the central bank lends short-term money to banks- thus continues to stay at 6 per cent. The RBI had cut repo rate by 25 basis points (bps) in August.
RBI has also cut the economic growth forecast for the current fiscal to 6.7 per cent from earlier projections of 7.3 per cent.
"The decision of the Monetary Policy Committee (MPC) is consistent with a neutral stance of monetary policy in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent within a band of +/- 2 per cent, while supporting growth," RBI said in its fourth policy review of 2017-18.
SLR or statutory liquidity ratio was, however, cut by 50 basis points to 19.5 per cent with effect from October 14. Banks are required to invest certain percentage of their deposits in specified financial securities like Central Government or State Government securities. This percentage is known as SLR. However, with adequate liquidity in the system, the SLR cut is unlikely to have much impact on banks.
The announcement which came at the end of a two-day meeting of the MPC of the RBI, is in sync with what the experts had predicted. Inflation, which in August reached a five-month high of 3.36 per cent, is being billed as the reason behind RBI's decision to maintain status quo. The RBI decision of increasing inflation forecast from 4 per cent to a range of 4.2 to 4.6 per cent for the October to March half backs this proposition. Analysts expect inflation could continue to quicken, given food prices tend to rise during the winter. Reverse repo rate - the rate at which the central bank borrows money from commercial banks- was also left unchanged at 5.75 per cent. RBI Governor Urjit Patel also calarified that the central bank continues to maintain a 'neutral' stand. "The MPC (Monetary Policy Committee) decided to keep the policy stance neutral and monitor incoming data closely. The MPC remains committed to keeping headline inflation close to 4 per cent on a durable basis," the policy review said. Commenting upon the RBI's decision, Tushar Arora, Senior Economist of HDFC Bank said, " No surprises as such. Going strictly by the optics of headline inflation is unlikely to result in rate cuts". The government and industry bodies though had been pushing RBI for yet another rate cut. "There is scope for monetary easing because of inflation projections," on Tuesday, news agency PTI had quoted a finance ministry official as saying. Industry body CII (Confederation of Indian Industry) had pitched for a rate cut of 100 bps while Assocham too had written to the MPC. The slowing down of private investments being one of the major reasons behind the slump in growth, industry was hopeful of a rate cut, in order to provide a booster shot to the economy. The central bank said it is imperative to reinvigorate investment activity which, in turn, would revive the demand for bank credit by industry as existing capacities get utilised and the requirements of new capacity open up to be financed. "Recapitalising public sector banks adequately will ensure that credit flows to the productive sectors are not impeded and growth impulses not restrained," it said.

The Ancient Times

The Great Scape Ride of 2017 by Alisha Jebin, Lady in Pink Jacket

Millennial these days have lot of hobbies and passion onto the paper but how far are they willing to take their passion to the next level. Meet Alisha Jebin (24), Bangalore, currently working for Societe Generale - a French Investment bank. She might look like an average everyday 9-5 worker commuting in the never ending world of Bangalore traffic. What if I told you that she is one of youngest and fastest women on a motorcycle! Yes, there was an article that caught my eye couple of months back about a Bangalore Lady Biker completing 1600+ kms within 24 hours, and later few days back the same news populated across Social media that the Bangalore Lady Biker who took up the challenge was recognized by IBR for the fastest and Longest Kilometers covered by a Women biker in 24hours! The lady was none other than Alisha Jebin. In the fast moving world, Alisha took up the challenge to complete a Saddle Sore attempt which is to record 1600+ Kms in 24 hours on a two wheeler of any sort. 12 June 2017 will always be remembered as she recorded 1662 Kms in 22 hours in a Royal Enfield Thunderbird!.She had become the fastest and youngest women rider to complete 1600+kms in 24 hours beating the existing record. The Ancient Times reached out to Alisha after she was recognized by prestigious India Book of Records. When asked about the motive of the ride and her future plans, she said " My passion towards riding a Morotcycle came in early in life during my schooling. After I bought my Royal Enfield Thinderbird 350cc in March 2016, every weekend was a ride of 200kms and more. Once read about Chaitra Priya being the only women in India to have covered 1600kms in 24hours, I also wanted to test my endurance level, which took me one step forward in doing the saddle sore challenge. Through the monsoon rains I rode solo in the roads of Bangalore-Pune-Bangalore, through which I learnt to believe in myself better, and a confidence level I never knew I had. I do not have any future plans now. Maybe when my heart says to do it, I'll just do it :)" Being said that she is all set to conquer what her heart wants, The Ancient times is so happy to interview a young, energetic individual who wants the world to identify her on her passion and we wish Alisha all the best to future endeavors and accolades ahead.