Twitter Dada Life, Mark Knight, Shiba San Announced For Groove Cruise 2018 https://www.instagram.com/p/BYcLaMoFYBX/?taken-by=groovecruise Who’s Headlining Groove Cruise 2018? dada-life-mark-knight-shiba-san-announced-groove-cruise-2018-0 Email Facebook The “world’s largest floating dance music festival” has announced phase 1 of its 2018 lineupBrian HaackGRAMMYs Aug 31, 2017 – 11:52 am Start resting up, pull your extra champagne glasses out of storage, and get ready to scarf some bananas, because the phase 1 lineup of Groove Cruise Miami 2018 was just announced, and electro-house festival madmen Dada Life are sitting proudly atop the list of headliners.Additional headliners announced for the 3-day dance cruise, hosted by Whet Travel aboard Royal Caribbean Cruise Lines, include American future bass dj/producer Gryffin, German-American trance demigod Markus Schulz, deep house/ghetto funk protégé Shiba San, and U.K. tech-house legend and Toolroom Records label boss Mark Knight. News Groove Cruise Miami will set sail on Jan. 26, 2018, on the Royal Caribbean Enchantment Of The Sea, with planned stops in CocoCay and Nassau along the Friday-to-Monday weekend excursion. Tickets are on-sale now.Arizona Decadence New Year’s Eve 2017 Headliners Announced: Zedd, Justice, Armin Van BuurenRead more
6:29 Audi’s corporate grille keeps getting bigger, but so does the S6’s performance. We’ll let it slide. Audi We’ve known the specs of the forthcoming 2020 Audi S6 for a while now, for both European and US models, but one thing we’ve been kept in the dark on was just how much it’d cost stateside. Not anymore. Audi on Thursday announced US pricing for its hotted-up midsizer, and we’re definitely interested.So just how much can you expect to shell out for your fancy German Q-ship? For the entry-level Premium Plus trim, you’ll spend $73,900, which actually compares favorably with the E53 AMG, which is only slightly cheaper but down 15 hp and a whopping 59 pound-feet of torque. Step up to the top-level Prestige trim at $77,800, and you’re more in BMW M550i xDrive territory, where the S6 is way down on power compared with the 4.4-liter turbo V8 in the Bimmer.Unlike the Euro model, our S6 will run on gasoline and be powered by the same 2.9-liter V6 engine that produces an extremely healthy 444 horsepower and 443 pound-feet of torque in the Audi RS 5. It’s is a very healthy if not wildly exciting powerplant, but this car isn’t exactly meant to be a hooligan. Unfortunately, there’s still no sign of the nerd-catnip Avant wagon version coming to the US.Some of the other highlights of the 2020 S6 include a 48-volt mild hybrid system that powers (among other things) an electric compressor that seeks to eliminate or at the very least drastically reduce turbo lag, making the engine more responsive. The compressor spins at a slow-compared-with-a-turbo 70,000 rpm but has a superfast 250-millisecond response time.The S6, of course, gets Quattro all-wheel drive and Audi’s latest eight-speed Tiptronic gearbox as standard and there will be an optional S sport package, for those drivers who want to turn the wick up a bit on a back road. Audi More From Roadshow 2019 BMW 330i xDrive review: The new and improved 3 Series 2020 Audi S6 gives the sedan a dash of sport 2019 Mercedes-AMG E53 Sedan review: A breath of fresh(er) air Share your voice 0 2019 Audi RS5 Sportback is a goody two-shoes 2020 BMW 7 Series first drive: Travel comfortably and carry a big grille Performance Cars Luxury cars Sedans Now playing: Watch this: Tags 39 Photos Post a comment Audi
Viru and Bhajji are both music enthusiastsTwitter/ICCThe love Virender Sehwag has for music has become well known. The former India opener has revealed how he used to hum Bollywood songs while facing bowlers in international cricket. Furthermore, during the Cricket All-Stars event in the United States which featured an array of retired cricket legends playing T-20 cricket as part of one of two teams – one captained by Shane Warne and the other by Sachin Tendulkar – the former India captain was heard singing some famous Bollywood numbers to himself while the bowler was running in to bowl.Now, Sehwag’s love for music, especially Kishore Kumar’s songs has come to light again with him crooning a few lines of the legendary singer’s famous number ‘Chala jata hoon kisi ki dhun mein, dhadakte dil ke tarane liye.’You’ve seen Harbhajan Singh!Now it’s time to see @virendersehwag on the ? pic.twitter.com/4z8AhPLZww— ICC (@ICC) July 6, 2019Twitter/ICCThis was during one of the interactions that the official social media team of the World Cup had with the stars on the sidelines of the India vs Sri Lanka game. But Viru wasn’t the only Indian star who showed his singing skills. His former teammate and now, co-commentator Harbhajan Singh also performed for the official Twitter handle of ICC.Not surprisingly, Harbhajan, a Punjabi, decided to perform one of Punjabi music legend Gurdas Mann’s most famous numbers ‘Mamla gadbad hain.’ Harbhajan too, has been a music lover and has even featured as a singer in some music videos.?HARBHAJAN SINGHS ? Watch @harbhajan_singh below ? pic.twitter.com/Jw1EkyWu7Q— ICC (@ICC) July 6, 2019Twitter/ICCBoth cricketers are covering the World Cup for Star Sports and are commentating in Hindi. These two were part of the great period of Indian cricket in the early 2000s when, under Sourav Ganguly’s captainship, the team broke many barriers and became a formidable side. They were also key members of the Indian 2003 World Cup team which reached the finals where they lost to Ricky Ponting’s Australia. It must be remembered that in that tournament, the Indian team lost just two matches out of 11, both to the Australians.
A Jet Airways Boeing 737 aircraft taxis past an Air India Airbus A321 aircraft at Mumbai’s Chhatrapathi Shivaji International Airport February 3, 2013. Picture taken February 3, 2013.Reuters fileThe debt conundrum in two of India’s leading airlines, Jet Airways and state-owned Air India, can be dealt with a silver bullet, experts have said. That silver bullet is nothing but the merger of the two. It may appear foolhardy to marry the two ailing airlines, but industry observers see merit in this option.Jet Airways had earlier brushed aside the option of acquiring debt laden rival Air India, when the latter’s privatisation was floated. Now Jet itself has landed on the block, waiting for a suitor.The irony is that Indian demand for travel continues to grow, with passengers on domestic flights rising by double digits for 46 straight months since September 2014. The market reached the milestone of 100 million travelers in 2017, and shows no signs of slowing down this year.Writing in Bloomberg, David Fickling argues that the merger of Jet airways and Air India will address the key reason behind the recent troubles of both, especially those of Jet. He says that cutthroat price war in Indian aviation scene, which has been forcing airlines into deep discounting, is one of the primary reasons behind the continued struggles at Jet Airways.And the major share of the blame is on Air India, which has no hopes of turning around, even if they didn’t depress prices further. In the event, once-healthy airlines like Jet have been in a losing battle against the state-owned carrier.Besides brutal price competition, the Indian airlines have also been in major fleet expansion drive in the last decade, another byproduct of intense competition. Both the Maharaja and Jet Airways are being crushed under the weight of a reckless fleet expansion drive, he points out.Suicidal discountingIf the only two full service carriers in India were to merge, both could do away with suicidal discounting, he argues. A rationlisation of ticketing will itself be a crucial part of the turnaround of both the airlines, he says. Besides, the “the seasoned professional management that the Maharajah so desperately needs would be on hand in the shape of Goyal, Jet’s chairman, and his executive team,” avers Flickling.Well, this route might may not resolve all of the issues plaguing the two airlines, especially, Air India, with its plethora of legacy issues. However, it does seem to be a step in the right direction, though at the cost of the customers.A look at the way air travel in India is shaping up will baffle observers. India is one of the most thriving airline markets in the world the country has an emerging middle class. Air travel demand is growing each year.The Nikkei daily put this paradox in perspective in a report in August 2018:”The irony is that Indian demand for travel continues to grow, with passengers on domestic flights rising by double digits for 46 straight months since September 2014. The market reached the milestone of 100 million travelers in 2017, and shows no signs of slowing down this year.” ReutersYet, airline companies are bleeding, owing to a factor euphemistically termed as “competitive fare environment.”If major airlines in India have been losing altitude despite the county being one of the biggest markets, then there’s a problem at hand. Many experts have already said the looming crises at Jet Airways and Air India will finally pose a threat to Prime Minister Narendra Modi’s re-election bid as well. It would be sad if a private person buys the iconic Air India building: Nitin Gadkari The failure of Kingfisher Airlines is still an unfinished page in the book of great Indian corporate fiascos. Air India was given a very expensive bailout in 2012 and is still on life support system. And Jet Airways is the latest entrant to the roll of dishonour. The government will have to get down and get its hand dirty sooner rather than later.Will a merger of two weak airlines create a healthy airline? That paradoxical proposition is worth a try, by all means. Close
Finance Ministry officials had said the government could raise about 10-15 per cent of the proposed Rs 7.1 lakh crore government borrowings this fiscal through sovereign bonds. TwitterThe Prime Minister’s Office (PMO) wants the Finance Ministry to re-look the idea of issuing foreign currency overseas sovereign bonds and critically examine issues raised by former bankers and economists before taking any call on implementing the budget proposal.The PMO has asked the ministry to seek more consultation from stake-holders before proceeding with any plans. Finance Ministry officials had said the government could raise about 10-15 per cent of the proposed Rs 7.1 lakh crore government borrowings this fiscal through sovereign bonds.The chief architect of the proposed bond was the former Finance Secretary Subhash Chandra Garg and he had a lone supporter in this campaign. Chief Economic Adviser Krishnamurthy Subramanian had said this is the right opportunity for India to raise funds through overseas sovereign bonds at a much cheaper rate, compared with those in the domestic market.Garg has since been moved to the Power Ministry and the sudden move just after the Budget presentation and its approval by Parliament is being seen by many paying the price for pushing the idea of foreign money into India by a government led by a largely nationalist, right-wing party where the ‘swadeshi’ card evokes sentiments. The former Finance Secretary is being seen as hurting such sentiments, while former RBI Governors and other experts shot down the idea as risky.The opposition to the proposed bond is widespread. The government should not issue foreign sovereign debt without getting into larger public consultations, and the many arguments it has given in favour of issuing such securities do not hold, Rathin Roy, member of the Economic Advisory Council to the Prime Minister, had recently said.He said government should pay attention to what several former Governors of the Reserve Bank of India are saying, the sovereign liabilities are in perpetuity.Roy also dismissed the contention that such bonds are cheaper after the hedging costs are added. Noting there was a reason why the country hadn’t issued overseas debt for 70 years, he had said that Brazil, Argentina, Turkey, Greece, and Indonesia had all paid a price for foreign currency sovereign borrowings.”I have grave concerns about this proposal on grounds of economic sovereignty, and about the macroeconomic consequences… the government should instead look at relaxing the rupee bond limits for foreign portfolio investors,” Roy said.Former RBI Governors Raghuram Rajan, C. Rangarajan and Y.V. Redy and former Chief Statistician Pronab Sen had also raised concerns over the Finance Ministry’s proposal.Rajan has said that any plan to issue foreign currency debt has no real benefit and is fraught with risks. A global bond sale won’t reduce the amount of domestic government bonds the local market has to absorb and the country should worry about short-term “faddish investors buying when India is hot, and dumping us when it is not”, he had written in a newspaper column.Rangarajan has said that borrowing in foreign currencies may expose the economy to risks as the rupee’s depreciation or current account deficit cannot be contained in the long run. Former Finance Minister Yashwant Sinha has said that even in the face of the 1991 balance of payment crisis, the government did not go for sovereign bonds.The main fear is as they argued it could create long-term economic risks by exposing the government’s liabilities to currency fluctuations.All of these experts had suggested issuing rupee bonds instead of foreign currency bonds.In an interaction with IANS, Ashiwini Mahajan, the co-convenor of the RSS-affiliated Swadeshi Jagran Manch (SJM), said: “About 95 per cent of the experts are saying the move is risky. The average depreciation in the rupee is 6.23 per cent in the last few years. The overseas rates of interest is 3.25 per cent, so together it makes 9.5 per cent.”In India, the government borrows at 6-7 per cent. So how the foreign currency bonds are cheap? The whole idea of a sovereign bonds is bad idea for any other country, not just for India. Everywhere the sovereign borrowing has led these countries into the debt trap, into the vortex of debt. It is a risk not worth taking. It is a foolish idea.”The benchmark 10-year bond yield rose as much as 11 basis points to 6.55 per cent after the news of a rethink of the proposal, as market participants fear this may boost government borrowing in the domestic market.Finance Minister Nirmala Sitharaman, in her maiden Budget speech on July 5, had announced: “India’s sovereign external debt to GDP is among the lowest globally at less than 5 per cent. The government would start raising a part of its gross borrowing programme in external markets in external currencies. This will also have beneficial impact on demand situation for the government securities in domestic market.”Garg had told Indian business leaders last week that the overseas debt move was part of efforts to bring down real interest rates for Indian firms, and to help the economy grow faster.
This frame grab taken from footage filmed by bystander John Wauldron on 10 August 2018 with his Galaxy S8 at Chambers Bay Park and Golf Course in University Place Washington, shows an empty passenger airplane, stolen from the Seattle-Tacoma airport, making an unlikely upside-down aerial loop, then flying low over Puget Sound before crashing into the sparsely populated Ketron Island in the northwestern US state of Washington. Photo: AFPA young mechanic described as suicidal stole an empty passenger plane from Seattle-Tacoma Airport, took it on an hour-long flight that included a hair-raising loop as F-15 fighter jets gave chase, then crashed, killing himself.Officials ruled out any link to terrorism in the incident, which took place late on Friday, and saw the man holding a conversation with an air traffic controller in which he seemed to apologize for what he was doing.Video taken by a bystander showed the 76-seat plane making a big, slow loop-the-loop, then flying low over Puget Sound before crashing into Ketron Island, a sparsely-populated area in the northwestern US state of Washington.The crash sparked a fire in the dense forest. Flames lit up the night as they spread from the burning wreckage to nearby trees. Officials said there were no victims on the ground.The stolen plane was a twin-engine turboprop Q400 belonging to Horizon Air, its parent company Alaska Airlines said on Twitter.The Pierce County Sheriff’s office ruled out terrorism.- Joyrider or suicidal? -“Most terrorists don’t do loops over the water,” said Sheriff Paul Pastor. “This might have been a joyride gone terribly wrong.”But Ed Troyer, who also works at the sheriff’s office, described him as “suicidal.”He was identified as a 29-year-old airline mechanic called Rich or Richard, who lived locally and had acted alone. His full name was not given.The sheriff’s office said the F-15s arrived minutes after the plane was stolen and kept the aircraft “out of harm’s way and people on the ground safe.”The fighter jets flew at supersonic speed, triggering a boom first taken to be an explosion, as they raced to intercept the plane.In a video statement, Horizon Air’s chief operating officer Constance von Muehlen said the plane was taken by one of its employees.”We believe (the plane) was taken by a single Horizon Air employee and no other passengers or crew were on board,” she said.The plane was stolen at around 8:00 pm (0300 GMT Saturday) and crashed 90 minutes later, officials said.President Donald Trump was briefed and the White House praised authorities’ quick response to the crisis.- ‘Bizarre’ -John Waldron, who captured the plane’s loop-the-loop on video, told CNN he was out for an evening stroll when he saw two fighter jets following a turboprop plane, initially thinking they were practicing for an air show.”So I started to capture video, just because I thought it was kind of bizarre,” he said, later realizing that the jets were chasing the plane.Then the plane “did a complete loop… I couldn’t believe he recovered.”He estimated that the plane, at its lowest point, was no more than 100 feet (30 meters) above the water.Then the pilot pulled the plane “pretty much straight up. And kind of at an angle. And almost stalled the aircraft. Somehow he got it leveled back off. And then made his way down toward the island.”Waldron said he had been prepared to “run and take cover.” He briefly turned away, then turned back and saw the explosion as the plane crashed.- ‘A broken guy’ -In a conversation with the control tower, the pilot, who identified himself only as “Rich,” came across as excitable, confused, and even apologetic.”Congratulations, you did it,” the control tower tells him, according to an audio feed aired on CNN.”Let’s turn around the air and land it and not hurt anybody on the ground.””I don’t know, man,” the pilot answers. “I don’t want to. I was kind of hoping that was going to be it, you know.”During the conversation, he says he had put some fuel in the plane “to go check out the Olympics” — the Olympic Mountains which lie about 100 miles (160 kilometers) away.But he later worried he was running low, saying the fuel had burned “quite a bit faster than I expected.”The control tower then pushes him to land at a nearby military base.”I wouldn’t want to do that. They probably have anti-aircraft,” he responds.”This is probably jail time for life, huh?” he later says, according to a recording published by the Seattle Times.”I’ve got a lot of people that care about me. It’s going to disappoint them to hear that I did this,” he said.”I would like to apologize to each and every one of them. Just a broken guy, got a few screws loose, I guess. Never really knew it until now.”