The FDI limit in PSU-promoted oil refineries will continue at 49 per cent
The government on Thursday permitted 100 per cent foreign investment under the automatic route in oil and gas PSUs which have received in-principle approval for strategic disinvestment. The move would facilitate privatisation of India’s second-biggest oil refiner Bharat Petroleum Corp Ltd (BPCL). The government is privatising BPCL and selling its entire 52.98 per cent stake in the company. According to a press note of the Department for Promotion of Industry and Internal Trade (DPIIT), a new clause has been added to the FDI policy for oil and natural gas sector.
“Foreign investment up to 100 per cent under the automatic route is allowed in case an ”in-principle” approval for strategic disinvestment of a PSU has been granted by the government,” it said. The decision regarding this was taken by the Union Cabinet last week.
Two out of the three companies that have put in an initial expression of interest (EoI) for buying out the government’s entire 52.98 per cent stake in BPCL are foreign entities. The FDI limit in PSU-promoted oil refineries will continue at 49 per cent — a limit that was set in March 2008.
As of now, the government is selling the stake in only BPCL. Indian Oil Corporation (IOC), the nation’s largest, is the only other oil refining and marketing company under direct government control. Hindustan Petroleum Corporation Ltd (HPCL) is now a subsidiary of state-owned Oil and Natural Gas Corporation (ONGC).
The government had in March 2008 raised the FDI limit in oil refineries promoted by public sector companies from 26 per cent to 49 per cent. The firm acquiring the government’s 52.98 per cent stake in BPCL will also have to make an open offer to buy an additional 26 per cent stake from other stakeholders at the same price, as per the takeover rules.
Mining-to-oil conglomerate Vedanta and US-based private equity firms Apollo Global and I Squared Capital’s arm Think Gas are in the race to buy the government’s stake in BPCL.
Why does it seem like everyone you follow on Instagram knows exactly how to pose and find their light to get the best selfie or photo? Realistically, you know they probably took dozens—or hundreds—of snaps to get the one they posted, but it feels like they all know some cheat codes you don’t.
Well, the cheat codes are right here, babe. This is how you get the perfect shot.
D.I.Y. selfies are the way to go
We’ve all been there. The outfit is fire. The makeup is on point. The venue is achingly cool. Your followers, you reason, simply must know you were there and looking hot to boot. You hand your phone to your friend, expecting them to work a little magic, and after they take a bunch of photos and hand the phone back to you… the shots all suck. You look awful! Now what?
You know yourself and your angles better than anyone, so if you really want a killer pic that’ll rack up the likes, you can always just do it yourself. Phones have had front-facing cameras for a decade now. It’s time to embrace selfies if you haven’t yet, the opinions and secondhand embarrassment of other people in the room be damned.
“Selfies are my favorite!” said Nivine Jay, a Los Angeles woman who has nearly 54,000 followers on the app, many of whom quickly double tap whatever she posts. And “whatever she posts” tends to be selfies.
She went on, “You want to find a well-lit window, stand in front of it, slightly part your lips, and click away. Try to look directly at sunlight if you can. Your eyes will get a little watery, but trust me: the photo will be worth it!”
Practice makes perfect
Here’s a hot tip: You don’t have to post every picture you take. Some of them can just be for practice! Some may be destined for the deleted folder! That’s fine.
“Don’t be afraid to try different poses out and slightly turn your face in different ways to find out which looks best,” said Jay. “You want to feel confident and comfortable.”
Tatiana Katkova, a photographer based in New York, said, “If you feel insecure taking photos, you can just practice doing some poses at home in front of the mirror so you can feel more confident and know your angles.”
Pose, baby! Pose! (But watch the hands.)
Midwest-based photographer Bryan Hempstead tells Lifehacker that body language is the key to a solid shot, “so just try to relax as best as you can.
“As far as the shot goes, try and keep the camera straight and not at a harsh angle. Don’t cut off appendages like ankles or knees. Turn on the grid setting on your camera or phone to practice framing your shot and try not to have anything—like a horizon or tree—intersect heads.”
He also mentioned that “most people don’t know what to do with their hands in the moment.” That’s definitely true, whether you’re selfie-ing or someone is taking your picture.
“Just to keep it basic, you can throw them in your pocket, put a hand on your hip, or cross your arms and grab your waist or grab onto your jacket. Have fun and play around with it,” he said. Remember you can take as many photos as you want; no one has to know how many you rejected in your quest to find The One.
Katkova added, “I’d recommend a pose in motion. Walk away from the person who’s taking a photo, look back at the camera and smile. It’s easy and always looks cute.”
Get a second opinion (or more)
Before you hit “post,” consider hitting “send”—to a few friends you trust to be brutally honest and/or hype you up appropriately.
Jay said she has “an ongoing group chat” with her best friends where they all send their most recent selfies for judgement and support. They “make sure it gets approval by everyone” before they post, and that’s not a bad idea. If you just spent 15 minutes snapping pics of yourself, analyzing those intently, and messing with filters—not to mention standing in bright light that’s probably giving you a few spots in your vision—your perception of the pics can be warped. A fresh set of eyes or two can be really helpful here.
Call for backup
You can’t do everything yourself. Sometimes, it really is helpful to have a friend take your photos, hype you up, direct your poses, and generally make you feel less awkward.
“I work a lot with people [who] aren’t used to being in front of the camera and aren’t super confident,” explained Hempstead. “The best advice I can give is if you don’t feel confident or cool, have the photographer put on some music you like to help create a safe, fun space. Have someone tell jokes or do something funny behind the camera to help alleviate the pressure off of you. Candid laughter beats a forced smile any day.”
He suggested taking your pics in an outfit you like or while listening a song you love for an added confidence boost.
Yes, you’re on a mission to get likes, comments, and the sweet, sweet seratonin rush that comes with strangers’ approval of your face, but take a step back here. Remember, you’re lovely just how you are. Even if your makeup isn’t perfect or you don’t look like your idealized version of yourself, you’re still a cutie who deserves to document that outfit, that face, that day—whatever!
Jay reminds you to have fun with it. “We are all our own harshest critics. Any photo you take is going to turn out beautiful as long as the lighting is good!”
Katkova pointed out that it’s not just important to have fun for your own benefit; enjoying yourself enhances the shot, too. “When you’re taking a photo for Instagram, you should always keep in mind that people like to see the energy and emotions,” she said. “So if you’re having fun and smiling, it always catches people’s attention.”
“Try not to be so hard on yourself,” added Hempstead. “Don’t wait until you have lost weight, fixed your teeth, or put on makeup. Just take photos, create memories, and have a good time. I promise you will enjoy looking back on these in the future.”
Decent start from Sri Lanka in their low-scoring chase of 82 runs against India in the third T20I at Colombo. Sri Lankan bowlers were on top right from the start of the Indian innings. Wanindu Hasaranga was the top performer for Sri Lanka with his four wickets for just nine runs. None of the Indian batsmen crossed the 30-run mark. Kuldeep Yadav was the top scorer for India with his 23 runs followed by Bhuvneshwar Kumar’s 16 runs. Before the T20Is, India had won the ODI series 2-1 and a win in this game will mean the visitors will take the T20I series as well. On the other hand, Sri Lanka will look to continue their winning momentum and seal the T20I series with a win in the final game of the tour. (LIVE SCORECARD)
3rd T20I Live, Sri Lanka vs India From R. Premadasa Stadium, Colombo
Rahul Chahar to Avishka Fernando, OUT Caught and Bowled
Sri Lanka 23/1 in 5.5 overs.
Sri Lanka 22/0 in 5 Overs!
Sri Lanka 22/0 in 5 overs.
Decent start from Sri Lanka batters in the chase of 82 runs.
Sri Lanka 5/0 in 2 overs.
Varun Comes In Attack!
Spinner Varun Chakravarthy comes into attack.
Sri Lanka In Action!
Sri Lanka 3/0 after 1st over.
Bhuvenshwar Kumar to Avishka Fernando, 1 run. First run for Sri Lanka.
Sri Lanka Need 82 Runs To Win!
Sri Lanka need 82 runs to win the final T20I and seal the T20I series.
India 81/8 in 20 overs (Kuldeep Yadav 23*, Bhuvneshwar Kumar 16; Wanindu Hasaranga 4/9) against Sri Lanka.
Sri Lankan bowlers have completely dominated the game till now.
India 75/8 in 19 overs.
Final 2 Overs!
India 66/8 runs in 18 overs.
What a brilliant spell from birthday boy Wanindu Hasaranga.
Hasaranga- 4 wickets for 9 runs in 4 overs.
Hasaranga to Chakravarthy, OUT caught by Karuratne.
Eighth wicket falls for India. Fourth wicket for Hasaranga.
India 63/8 in 16.4 overs.
Shanaka to Rahul, OUT caught by wicket-keeper Minod Bhanuka. Rahul wanted to go for an upper cut but fails to do so.
India 62/7 in 16 overs.
Shanaka to Chahar, FOUR to fine leg. Boundary after a long time, first one since the fourth over.
Hasaranga to Bhuvneshwar Kumar, OUT caught by Shanaka, a one handed catch. Hasaranga gets another.
India 55/6 in 14.5 overs.
India 53/5 in 14 overs. Sri Lanka have totally dominated the till now.
India 43/5 in 12 overs.
Can India go past 100 runs?
Dasun Shanaka to Nitish Rana, OUT caught and bowled. Another wicket for Sri Lanka and now India don’t have any recognised batsman in the lineup.
India 36/5 in 9 overs.
India In Trouble!
India 35/4 in 8 overs.
4 Wickets Put Sri Lanka On Top!
A poor start from India as they lost their top four in the powerplay overs.
India 29/4 in 6 overs.
Hasarnaga to Gaikwad, OUT ANOTHER WICKET!
Gaikwad this time.
India 25/4 in 5 overs.
Hasaranga to Samson, OUT LBW. Another wicket falls for India. Sri Lanka on top.
India 24/3 in 4.4 overs.
Mendis to Padikkal, OUT RUN OUT!! Another wicket falls for India. First it was an appeal for LBW and the two batsmen were on the middle of the crease and there was no coordination between the two of them.
Padikkal goes this time.
India 23/2 in 4 overs.
Mendis to Gaikwad, FOUR good shot from Gaikwad.
India 19/1 in 3.3 overs.
Karunaratne to Padikkal, FOUR to the covers.
Good Start For Sri Lanka!
India lost captain Shikhar Dhawan in the first over. Good start for Sri Lanka.
India 5/1 in 1 over.
Chammera to Dhawan, OUT caught in the slips by de Silva and yes the ball carried to the fielder.
India 5/1 in 0.4 over.
Chameera to Gaikwad, misfield and it’s a FOUR to the covers. First runs for India.
Chameera to Gaikwad, NO RUN. Slower ball and Chameera is getting swing right from the first ball.
Bad News For India!
Here’s the official update on Navdeep Saini.
UPDATE: Navdeep Saini suffered a left shoulder injury while fielding during the second T20I vs Sri Lanka on 28th July.
He might have to undergo scans to ascertain the extent of injury. His progress is being monitored by the medical staff.#TeamIndia#SLvIND
Hello and welcome to the third and final T20I between India and Sri Lanka that will be played in Colombo. It was a thriller in the second T20I where Sri Lanka won a nail-biting encounter against India by 4 wickets. The series is levelled by 1-1 and this game will be the series decider. India fielded four debutants in the last game after their eight players were isolated as they were deemed close contacts of all-rounder Krunal Pandya, who tested positive for COVID-19. India had won the ODI series 2-1 and a win in this game will mean the visitors will take the T20I series as well. Sri Lanka will look to continue their winning momentum and win the final game to seal the T20I series.
Huawei P50 Pro and Huawei P50 smartphones have been launched in the Chinese market. The two phones sport unique capsule-like rear camera modules. The Pro model comes with two SoC variants — powered by Kirin 9000 and Snapdragon 888 — aimed at different markets. The vanilla model comes in a single Snapdragon 888-powered model. Even though both the processors support 5G, the phones offer 4G connectivity. Huawei P50 Pro is the more premium model of the two, and it comes with a quad camera setup on the back with a 50-megapixel main camera and a 64-megapixel telephoto shooter. Huawei P50, on the other hand, has a triple rear camera setup, headlined by a 50-megapixel main sensor.
Huawei P50 Pro, Huawei P50 price, availability
The new Huawei P50 Pro is priced at CNY 5,988 (roughly Rs. 68,800) for the 8GB + 128GB storage model. The 8GB + 256GB storage option is priced at CNY 6,488 (roughly Rs. 74,500) and the 8GB + 512GB storage variant is priced at CNY 7,488 (roughly Rs. 86,000). Pre-orders will begin July 30, whereas sale will commence starting August 8. It comes in Cocoa Tea Gold, Dawn Powder, Rippling Clouds, Snowy White, and Yao Gold Black colour options.
There are two other models with 12GB + 512GB storage and Kirin 9000 SoC — one is priced at CNY 7,988 (roughly Rs. 91,800) and the other model is priced at CNY 8,488 (roughly Rs.97,500). Both are slated to be available in September.
Coming to Huawei P50, the phone is priced starting at CNY 4,488 (roughly Rs. 51,600) for the 8GB + 128GB storage option and CNY 4,988 (roughly Rs. 57,300) for the lone 8GB + 256GB storage option. It will be up for sale sometime in September. Huawei P50 comes in Cocoa Tea Gold, Snowy White, and Yao Gold Black colour options.
Huawei P50 Pro specifications
Huawei P50 Pro runs on HarmonyOS 2. It features a 6.6-inch full-HD+ (1,228×2,700 pixels) OLED curved display with up to 120Hz refresh rate, 1440Hz high frequency PWM dimming, 300Hz touch sampling rate, 450ppi pixel density, and P3 wide colour gamut coverage. It is powered by two processor options – HiSilicon Kirin 9000 and Qualcomm Snapdragon 888. Huawei P50 Pro packs up to 12GB RAM and offers up to 512GB of internal storage. It supports Nano Memory card for storage expansion (up to 256GB).
There’s a quad camera setup on the back of Huawei P50 Pro that includes a 50-megapixel primary colour camera with f/1.8 aperture and optical image stabilisation (OIS). It is accompanied by a 40-megapixel monochrome lens with f/1.6 aperture, a 13-megapixel wide-angle lens with f/2.2 aperture, and a 64-megapixel telephoto camera with f/3.5 aperture. It supports 3.5x optical zoom and 100x digital zoom. At the front, there is a 13-megapixel selfie camera with f/2.4 aperture and auto focus support.
Huawei P50 Pro packs a 4,360mAh battery with 66W Wired Super Fast Charge and 50W Wireless Super Fast Charge. It also supports wireless reverse charging as well. The phone is IP68-rated water and dust resistant. Connectivity options include 4G, Wi-Fi 802.11 ax, Bluetooth v5.2, USB Type-C port, and NFC. There is an in-display fingerprint sensor on board. Other onboard sensors include gravity sensor, infrared sensor, hall sensor, barometer, gyroscope, ambient light sensor, proximity sensor, camera laser focus sensor, and colour temperature sensor. The phone measures 158.8×72.8×8.25mm, and it roughly weighs 195 grams.
Huawei P50 specifications
As for Huawei P50, it also runs on HarmonyOS 2. However, it features a slightly smaller 6.5-inch full-HD+ (1,224×2,700 pixels) OLED flat display with up to 90Hz refresh rate, 1440Hz high frequency PWM dimming, 300Hz touch sampling rate, 458ppi pixel density, and P3 wide colour gamut coverage. It is powered by the Snapdragon 888 SoC, paired with 8GB RAM and up to 256GB storage. There’s Nano Memory card support for storage expansion (up to 256GB).
There is a triple camera setup on Huawei P50 that includes a 50-megapixel main camera with f/1.8 aperture, a 13-megapixel secondary sensor with f/2.2 aperture, and a 12-megapixel telephoto lens with f/3.4 aperture and OIS. It supports 5x optical zoom and 50x digital zoom. It has the same selfie camera as the Pro model.
Huawei P50 packs a smaller 4,100mAh battery with 66W Wired Super Fast Charge. It is IP68-rated water and dust resistant. It supports all the same connectivity options as Huawei P50 Pro. Sensors on board include gravity sensor, hall sensor, gyroscope, compass, ambient light sensor, proximity sensor, camera laser focus sensor, and colour temperature sensor. The phone measures 156.5×73.8×7.92mm and weighs 181 grams.
HYDERABAD: Telangana recorded 623 new Covid-19 cases and 3 deaths on Thursday even as the number of active cases in the state stood at 9,188. The total count of cases since the beginning of the pandemic last year, stand at 6,43,716 and the death toll stands at 3,796. The number of active containment zones in the state stood at 33. Apart from two containment zones in Hyderabad, Mahabubabad, Jayashankar Bhupalpally, Jagtiyal, Kaimnagar and Bhadadri Kothagudem have majority of the active containment zones in the state. A total of 746 patients were declared recovered on Thursday, taking the total count of recovered patients to 6,30,732. The case fatality rate (CFR) stands at 0.58 percent while the recovery rate stood at 97.98 percent now. So far 79.8 percent of overall cases in the state have been asymptomatic while 20.2 percent have been symptomatic. On Thursday, 1,11,947 samples were tested for the novel coronavirus. Telangana has now completed testing 2.17 crore samples and has reached 5.85 lakh sample testing per million population. The Greater Hyderabad Municipal Corporation (GHMC) recorded 70 new cases on Thursday, while neighbouring Medchal Malkajgiri recorded 29 cases, Ranga Reddy recorded 33 and Sanga Reddy recorded 5 cases. Outside of Hyderabad city and its outskirts, Jangaon, Peddapalli, Yadadri Bhongir, Warangal Urban and Khammam saw more cases.
Rolex Rings IPO was subscribed 9.26 times on Thursday
Rolex Rings’ share sale via initial public offering (IPO) was subscribed 9.26 times on Thursday- July 29 – the second day of its issue. The public offer opened for subscription on July 28 and will close tomorrow – July 30, remaining open for investors for a period of three days. The IPO was oversubscribed at the end of the first of its issue.
On Thursday, retail individual investors showed overwhelming interest as the portion reserved for them was subscribed 15.89 times – the highest among the three groups of investors. The portion set aside for non-institutional investors (NII) was subscribed 5.85 times, while qualified institutional buyers (QIB) showed tepid interest as the portion reserved for them was subscribed 0.23 times.
Rolex Rings’ Rs 731 crore IPO consists of a fresh issue of ₹ 56 crore and an offer for sale of up to Rs 675 crore. The leading forging company is selling shares in the price band of Rs 880-900 per share and the retail investors can buy shares in a minimum of one lot of 16 shares up to a maximum of 13 lots.
The company will use the IPO proceeds for long-term working capital requirements and for general corporate purposes.
”Rolex Rings is one of India’s top five bearings makers and has a sizable exposure to the automobile ancillary segment.
At the higher end of the price band, the issue is priced at a PE ratio of ~25 times based on FY21 earnings per share (on a post-issue basis). This is lesser than its listed peers Ramkrishna Forgings and MM Forgings.
Given a decline in the company’s topline and bottomline, and concerns around the company’s delayed repayments in the past we remain ‘Neutral’ on the prospects of the issue. Given a fancy for IPOs in the ongoing season, the company may still see strong subscription numbers. However, from a long-term perspective, it would be better to wait and watch a few more quarters before investing,” SEBI-registered investment advisor INDmoney said in a report.
The Prime Minister was speaking on the the first anniversary of National Education Policy. File
Prime Minister Narendra Modi today addressed the nation on the occasion of the first anniversary of the National Education Policy.
Here are the top five announcements
The Prime Minister announced that medical and dental courses in the country will have a 27 per cent reservation for OBCs and 10 per cent for Economically Weaker Sections (EWS) under the All India Quota Scheme in undergraduate and postgraduate programmes.
He launched an Academic Bank of Credit that will provide students with flexible options for entry and exit in higher education. “Multiple entry/exit will help students break away from the shackles of sticking to one stream. One can select their course and can exit if they are not interested. This is a revolutionary change,” said the Prime Minister.
The Prime Minister also said that a tool to translate engineering courses into 11 regional languages has been developed. He said this will especially help students from underprivileged backgrounds and backward classes.
He said Indian Sign Language has now been given the status of a language subject and students can now study it like any other language. This, the Prime Minister said, will ensure inclusivity for students with disabilities.
Prime Minister Modi also launched the AI for All initiative that aims to provide everyone in the country with an elementary understanding of artificial intelligence. He said the programme will make the country’s youth future-oriented, open doors to an AI-driven economy and ensure that digital revolution in the country comes at the same time for both urban and rural areas.
Russia on Thursday fined Google RUB 3 million (roughly Rs. 30 lakhs) for violating personal data legislation, Google’s first fine for that offence, Moscow’s Tagansky District Court said.
Google confirmed the fine and offered no further comment.
The penalty comes amid a wider standoff between Russia and Big Tech, with Moscow routinely fining social media giants for failing to remove banned content and seeking to compel foreign tech firms to open offices in Russia.
State communications regulator Roskomnadzor said last month that Google, a subsidiary of Alphabet, could be fined up to RUB 6 million (roughly Rs. 60 lakhs) for not storing the personal data of Russian users in databases on Russian territory.
Russia has previously fined Google for not deleting banned content. Google has also irked the Russian authorities by blocking some YouTube accounts owned by pro-Kremlin figures and media.
HYDERABAD: A man was arrested from Telangana‘s Vikarabad district for allegedly killing two donkeys and injuring one. Krishna, was said to have been irked by the braying of the donkeys which had been left near his fields by some shepherds who had come from Narayanpet district. “We have booked a case against the accused and produced him in the court,” Kulkacherla sub-inspector Vittal Reddy told TOI on Thursday. He said Krishna was booked under IPC Section 429 which carries a punishment up to five years’ imprisonment for killing or maiming an animal. A case has also been filed under The Prevention of Cruelty to Animals Act. A group of migrant shepherds from Renipatla village in Maddur mandal brought the cattle to Cheruvumundili Thanda in Vikarabad district for grazing. The shepherds also brought along three donkeys which carried provisions and utensils for cooking, clothes and other essentials. When the donkeys started braying, an irritated Krishna, who works in a farmland close by, allegedly brought a knife and stabbed all the three donkeys.
Centre is planning a follow up scheme to the existing urban rejuvenation mission
Centre is planning to bring in a follow up scheme to the existing Atal Mission for Rejuvenation and Urban Transformation (AMRUT), as it covers only 60 per cent of the urban population and the Housing and Urban Affairs Ministry wants to extend its coverage to 100 per cent of the areas.
Minister for Housing and Urban Affairs Hardeep Puri in response to a question in Lok Sabha gave this information, saying that the Government is actively considering a follow up scheme for AMRUT which will cover all urban areas.
AMRUT, which was launched in June 2015 by the NDA government, is aimed at providing robust sewage system and tap water connection to each urban household. It also counts septage, storm water drainage management and sewerage treatment as its focus areas.
Mr Puri further informed the lower house during Question Hour that Finance Minister Nirmala Sitharaman in her budget statement had talked about a follow up to the AMRUT scheme.