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Media information 2017
Engaged
Informed
Enriched
Media information 2020
Media information 2020
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SUNDAY | JANUARY 1 2017 • RABI AL THANI 3, 1438 khaleejtimes.com VOL XXXVIII NO. 259 ESTABLISHED 1978 LATE EDITION
LET THE GIVING BEGIN
Fireworks KT celebraTes The
set to ring in
themed NY Year of GivinG
NATION EUROPE AND THE AMERICAS
Angel Tesorero and • V I NAY K A M AT •
G
Sherouk Zakaria
IVING IS AN ANTHEM. It
sounds simple but it defines
dubai — The UAE was on who we are: our values, our
Saturday poised to ring in a
themed New Year, named
philosophy, our language. It is
the Year of Giving, with a often called the ultimate human emo-
message of compassion and tion; to give is to ennoble oneself. To
spectacular firework displays give is to realise the reason to be.
in the nation’s hot spots. Khaleej Times welcomes, and cel-
More than half-a-million
people, including tourists ebrates, The Year of Giving by mak-
from different parts of the ing a promise to its readers: We will
Bringing all the up-to-the-minute Informed and in depth, our daily
planet, packed various loca- strive to make a difference to your
tions in Dubai alone, includ- lives. We have a lot to learn from our
ing the Downtown, where
the Burj Khalifa, the world’s
readers just as we have a lot to share.
tallest building, will shoot The giving universe is a sharing uni-
myriad of colours into the verse that treats readers as equals
night sky in a pyrotechnics and givers as friends.
extravaganza. Giving is deeply transformative.
This time around, the cel-
ebrations assumed special Announcing 2017 as The Year of
significance because of what Giving, the President, His Highness
the New Year signifies for the Shaikh Khalifa bin Zayed Al Nahyan,
UAE. With 2017 declared as spoke about the culture of giving
the Year of Giving, the famed
Dubai fireworks will send out
back to the community and enhanc-
messages of love, hope and ing the spirit of volunteering and
compassion. loyalty to the country.
developments across the UAE, with coverage of Europe and the Americas
“I’ve read about the Year Giving goes beyond giving. “Giving
of Giving in the newspaper is not only donations or charity, but
and online, and I admire the
UAE leadership for coming real giving is making a difference,”
up with such initiative,” said explained His Highness Shaikh
Jason Yi, a Chinese tourist. Mohammed bin Rashid Al Maktoum,
“The country is setting a Vice-President and Prime Minister of
good example for other na-
tions to follow, especially in
the UAE and Ruler of Dubai.
this time of serious conflicts Working together and making a
in the region,” said Algerian difference are two qualities that dif-
tourist Bessine Yousef. ferentiate a great newspaper from
Emirati Fuad Salman Al the rest. How can a newspaper work
Alawi, who was at the recently-
inaugurated Dubai Water Ca- along with its readers to make a
nal, said the canal is a testi- difference to their lives? How can a
mony of what the country newspaper stop thinking of itself as
pieces covering all of the news in the makes sure no move is missed, from
achieved in 2016 and the aspi- a newsmaker and become a friend,
rations its citizens have for the
new year. “We are certain that
mentor and guide? How can a news-
the coming year will be a lot paper look beyond eyeballs, shares
better than the previous ones and likes and be truly caring? How
not only for the UAE but for can a newspaper think beyond in-
the Arab world in general.” forming readers, and simply inspire?
Fireworks explode from Auckland’s
> SEE PAGES 3, 6-9 Sky Tower as the New Year is
welcomed on Sunday. — AP > TURN TO PAGE 10
Modi offers NY sops to poor, traders
seven emirates. Trump to Brexit
new delhi — Indian Prime Minister Modi, in his 45-minute speech
Narendra Modi on Saturday an- — first in Hindi and then English
nounced a slew of sops for the poor, — announced that the government
farmers and small traders, the groups would give rebates of four and
perceived to be worst hit by the de- three per cent for home loans of up
monetisation that caused widespread to Rs900,000 and Rs1.2 million,
economic upheaval in the country. respectively, under the Pradhan
In a New Year Eve address that Mantri Awas Yojana in 2017.
sounded more like a budget speech, He said that the government has
Modi announced interest subven- decided to enhance the credit guar-
tion on housing for the urban and antee for Micro Small and Medium
rural poor, provided enhanced Enterprises (MSMEs) from Rs10
credit guarantees to small traders million to Rs20 million.
and MSMEs, gave a 60-day inter- In this fight against Terming demonetisation as a
est waiver on select farm loans, and “historic cleansing ritual”, Modi
ensured higher interest earnings corruption and black said people had taken the biggest
for senior citizens. money, it is clear that “shudhi yagna” after Diwali, and
The prime minister directed you would like to walk had, through their stoicism in the
banks to go out of the way to help shoulder to shoulder face of adversity, proved that a ma-
the not-so-privileged. He said that with us (the govt) jority of Indians wanted freedom
pregnant women will be given from corruption. — IANS
Rs6,000 in their bank accounts to Narendra Modi
take care of initial medical needs. Indian Prime Minister > SEE PAGE 17
reaDY recKoner TrenDinG on KT DiGiTal
SALE
Don’t treat Akhilesh back VIDEO
yourself with in party after Dubai Water Canal
antibiotics expulsion for NYE fireworks
bit.ly/DXBwaterCanal
INDIA P16
REGION
Dubai crowd gathers
Russia looks for NY fireworks
bit.ly/DUBAInye
to ‘friendlier’
Trump
Rs 40
Rs 100
RO 0.300
BD 0.300
HEALTH PAGE 4 EUROPE P18 Long queues at Dubai
Mall Metro station
bit.ly/DXBmallMetro
Baghdad South Koreans
PAKISTAN
BAHRAIN
OMAN
suicide blasts
INDIA
rally to demand Malayali takes military
kill dozens ‘Park-free’ 2017 position in Kyrgyzstan
3.00
AED
REGION PAGE 14 INTERNATIONAL P19 bit.ly/MalayaliMajor
Opening soon : Marina Mall Abu Dhabi, Ezdan Mall Gharafa, Doha City Centre, Ezdan Mall Wakra Doha Qatar.
A look at happenings across the Middle INTERNATIONAL
KT APP UAE’s highest rated EMAIL write to us at
and only all-in-one news app letters@khaleejtimes.com
[1310029]
East, staying ahead of the curve across Bringing the world to our readers every
business
the region every day. single day, reaching around the world to We believe that Saudi CuRRENCIES BuY SEll golD
1 oz uAe gold
bullion coin
DMe oman
Indian 17.95 17.37 SToCK MARKET INDEX
Arabia will account for london $/oz
BreNT
Buy for
Pak rs 29.03 28.11 Dubai — DFM oIl Flying cars or an airship?
WTI
1,268.11 0.00 Dh 5,092.41*
2.5% to 3% of emerging Sri lankan rs 42.58 40.98 3,414.93 -1.78 PrIce Mumbai /10gm Sell for
market indices Philippine Peso 13.93 13.56
$ 52.37 50.77 49.52 30,678 0.00 Dh 4,961.41* Sergey Brin, the Google co-founder, has
Sachin Mohindra, portfolio B. Taka 23.84 22.00 abu Dhabi — aDX Dubai Dh/gm * Indicative retail price
secretly been building a massive airship at
provided by DMCC at
manager at Abu Dhabi’s invest AD (rATeS Are AGAINST Dh1) 4,522.56 +9.65 0.00 0.00 0.00 149.50 0.00 7pm on Friday.
the Nasa Ames Research Centre. Page 29
monDAY | mAy 1, 2017
cover every international development
News at a
glance Dubai homes: bargains
Off-plan
transactions by
price bucket in first
get bigger anD better
25%
quarter of 2017
ABOvE DH1m
64%
36%
y-o-y increase in
BElOW DH1m transactions of ready
properties in Q1 2017
INDIA
no fallout seen from uS
100%
visa curbs for india
SEE PAGE 24
47%
53%
y-o-y increase in
recorded off-plan sales
in Q1 2017
Off-plan
transactions by
Developers have been reducing property sizes
price bucket in first to portray cheaper sales prices
quarter of 2016 Mario Volpi, chief sales officer, Kensington Exclusive Properties
Daily news coverage makes sure our
Avoid stereotypes Deepthi Nair as The Greens and Jumeirah Village Cir-
BUSINESS
cle, the opposite has transpired. We stipu-
when hiring staff
late the shift to larger-size units is the ef-
SEE PAGE 25 dubai — The tides are slowly changing. fect of home ownership as end-users take
Dubai property is not only seeing a shift in advantage of price discounts.
preference from lower value ticket items “In the off-plan space, we have seen a
to higher, but there is also currently more preference for larger units, which in cer-
demand for larger ticket sizes. tain communities is translating into
According to a recent report released larger spaces. End-users and investors
by GCP and Reidin, off-plan deals above have taken advantage of payment plans
Kt gRAPHiC • SOuRCE: gCP AnD REiDin
Dh1 million accounted for 47 per cent as well as prices to upsize their units,”
of overall transactions in Q1 2016, says Hussain Alladin, head of research
whereas one year later, it accounts for at GCP Group.
64 per cent. The market is also shifting Confirming the trend, Myles Bush,
We have witnessed towards bigger units, indicating greater CEO, PH Real Estate Brokers, says:
end-user activity. “We have witnessed a larger number of
readers are up to speed on events on one A vital read every day for the UAE’s
a larger number of big
“In communities driven by investor de- ‘big ticket’ transactions over the last
Experiences count for ticket transactions over mand such as Downtown and Sports City, three months.”
luxury consumers the last three months there was a shift from larger to smaller
SEE PAGE 26 Myles Bush, size units. Whereas in communities such > TURN TO PAGE 29
CEO, PH Real Estate Brokers
Manufacturing slows down in China Only 13 Indian states
Sue-Lin Wong and Kevin Yao
notify Rera rules
new delhi — The much-awaited era,” Housing and Urban Poverty
of the world’s fastest growing economies. business chiefs, looking to keep up to
Real Estate Act comes into force Alleviation Minister M Venkaiah
beijing — Growth in China’s man- today with a promise of protecting Naidu said.
ufacturing sector slowed faster the right of consumers and usher- The minister said the law will
than expected in April, an official ing in transparency, but only 13 make “buyer the king”, while de-
survey showed on Sunday, as pro- states and Union Territories (UTs) velopers will also benefit from the
ducer price inflation cooled and have so far notified rules. increased buyers’ confidence in
policymakers’ efforts to reduce The government has described the regulated environment.
financial risks in the economy the implementation of the con- “The act ushers in the much-
weighed on demand. sumer-centric act as the beginning desired accountability, transpar-
The National Bureau of Statis- of an era where the consumer in ency and efficiency in the sector,
tics’ official Purchasing Managers’ king. Real estate players have also defining the rights and obligations
Index fell to a six-month low of welcomed the implementation of of both the buyers and develop-
51.2 in April from March’s near the act, saying it will bring a para- ers,” Naidu said.
five-year high of 51.8. digm change in the way the Indian The developers will now have
Analysts polled by Reuters had real estate sector functions. to get the ongoing projects that
predicted a reading of 51.6, the The government has brought in have not received completion cer-
ninth straight month above the the legislation to protect home tificate and the new projects reg-
speed with developments at home and
50-point mark that separates buyers and encourage genuine istered with regulatory authorities
growth from contraction on a private players. within 3 months from today.
monthly basis. The Real Estate (Regulation and Under the rules, it is mandatory
Demand weakened across the Development) Bill, 2016 was for the states and UTs to set up the
board with the biggest decline in the passed by Parliament in March last authority. However, only 13 states
input price sub-index, which fell to Recent sharp declines in iron ore and onshore steel prices point to some of the pressures China’s year and all the 92 sections of the and UTs have so far notified the
51.8, its slowest expansion since manufacturers are facing. — AFP Act comes into effect from May 1. rules. The states that have notified
June last year, from 59.3 in March. “The Real Estate Act coming the rules are Uttar Pradesh, Gujarat,
Zhou Hao, an economist at into force after a nine-year wait Odisha, Andhra Pradesh, Mahar-
Commerzbank in Singapore, said thorities, has started to work.” Growth in China’s services But growth is expected to slow as and marks the beginning of a new asthra, Madhya Pradesh and Bihar.
recent sharp declines in iron ore Chinese steel and iron ore fu- sector slowed slightly to 54.0 in authorities step up a battle to cool The Housing Ministry had last
92
and onshore steel prices point to tures tumbled to multi-month lows April, compared with the previous the property sector and as the cen- year notified the rules for five
some of the pressures the country’s earlier this month as market senti- month’s reading of 55.1, which tral bank and banking regulator take Union Territories — Andaman
manufacturers are facing. ment turned bearish on demand was the highest since May 2014. steps to contain financial risks. and Nicobar Islands, Chandi-
“We believe that this on one outlook and worries mounted China’s economy grew a faster- The People’s Bank of China is garh, Dadra and Nagar Haveli,
hand reflects that there is little about a glut of steel later this year. than-expected 6.9 per cent in the expected to guide short-term in- Daman and Diu, and Lakshad-
improvement in underlying de- The employment sub-index first quarter, boosted by higher terest rates higher, and step up its sections of Real Estate weep, while the Urban Develop-
abroad
mand,” Zhou wrote in a note. slipped to 49.2 from 50.0 in March government infrastructure spend- oversight of the financial sector, ment Ministry came out with
“On the other hand, the de-le- while the raw materials inventories ing and the nation’s gravity-defy- amid a crackdown on banks’ shad- Act comes into effect such rules for the National Capi-
PAKISTAN
veraging effort by the Chinese au- sub-index was unchanged at 48.3. ing property boom. ow banking businesses. — Reuters from may 1 tal Region of Delhi. — PTI
Old car, new tricks: Adding safety tech to an older vehicle
detroit — Old cars can learn new aftermarket systems to an older car departure warning on a new, 2017 departure warning. Starting with
tricks. For a few hundred dollars, or save up for a new one. Balance Altima SL, you have to spend the 2018 model year, all vehicles
drivers can add new safety technol- the cost of new safety — which can $28,570 for the car and add sold in the US will be required to
ogy — like forward collision warn- be hefty — with the increased $3,000 in options. have backup cameras. And most
ing systems or backup cameras — maintenance older cars usually For a fraction of that amount — new cars will have standard au-
to older cars. need. If you don’t want an extra $500 — you could add an after- tomatic emergency braking by
Covering all the latest news as it happens
Cars are lasting longer than ever camera cluttering up your dash- market forward collision system, 2022.
thanks to improving quality. The board, you may want to save up for backup camera and blind spot de- Shawn Sinclair, an automotive
average US vehicle is now 11.6 a new car with built-in systems. tection monitors to an older car. engineer with Consumer Reports
years old, according to the consult- To get blind spot monitoring, You could also consider a late- magazine, says forward collision
ing firm IHS Markit. forward collision warning and lane model used car. A 2015 Nissan warning is the most important fea-
But that means millions of car Altima SL with blind spot monitor- ture to consider if you’re thinking
27%
owners are missing out on technol- ing, a rearview camera and lane de- about adding tech to your car. Even
ogy that could potentially save their parture warning can be found for less though it won’t stop the car from
lives. Forward collision warning than $20,000, for example. hitting an obstacle — automatic
system, for example, can reduce Buyers may want to wait on a braking isn’t available as an after-
the risk of a crash by 27 per cent, new car because the cost of safe- market option — it will warn driv-
according to the Insurance Insti- ty tech is coming down. Toyota is ers so they can slow down or ma-
tute for Highway Safety.
risk of a crash reduced now offering a $300 package on neuver away. Blind spot detection
Consumers have to do the math in case car has a forward some vehicles that includes for- and rear cameras are two others Buyers may want to wait on a new car because the cost of safety
to decide whether it’s better to add collision warning system ward collision warning and lane she considers critical. — AP tech is coming down. — AP
across Pakistan. SPORT
From cricket to football, no sports fan can THURSDAY | MARCH 30, 2017
Federer survived a stern test from Agut to
reach the Miami Open quarterfinals, while
top-seeded Swiss compatriot Stan Wawrinka
was eliminated on his birthday
Page 52
ASIA AND THE PHILIPPINES afford to miss Khaleej Times each day SSM
AUSL IES
A
Coverage every day makes sure no KOHLI Virat Kohli is
certainly not the
most popular
man in Australia
currently. — PTI
important development across Asia is A
ustralian media labelled Indian skipper Virat
Kohli “classless” and childish on Wednesday af-
ter his provocative comments at the end of a
hard-fought but incendiary Test series.
Newspapers laid into the winning captain for
saying he no longer counted the Australian players as
friends, and they also took umbrage at India’s apparent
snub when invited to join the tourists for a drink.
Kohli said he would not think of the Australians as friends
“ever again” after India sealed a 2-1 victory in a pulsating
missed.
series marked by flare-ups between the world’s number one
and two teams.
“Virat Kohli had to shake hands and move on after series
win but he acted like a child,” read a headline in Sydney’s
Daily Telegraph,, which also called Kohli an “egomaniac”.
“Kohli’s latest classless act”, another headline said.
The Australian’s Peter Lalor wrote: “If there were any
doubts about the poor spirit between the Indian and Austra-
lian sides it was confirmed after the series when the home
side shunned a suggestion the two sides drink together.”
Kohli’s behaviour was compared to that of his opposite
number Steve Smith, who apologised for calling Murali
Vijay a “****&%* cheat” after he claimed a catch when the
ball had touched the ground.
“All Virat Kohli had to do was say sorry. Steve Smith
did,” wrote Herald Sun journalist Russell Gould.
Kohli has repeatedly been a target of the Australian
press during the series, to the extent that former cap-
tain Michael Clarke warned the criticism was “getting
out of control”.
Kohli initially stepped into the firing line when he ac-
cused Smith of systematically abusing the decision re-
view system, after the Aussie captain admitted looking
to his team dressing room when considering whether
to appeal his dismissal in Bangalore. Smith struck a
conciliatory tone at the end of the series, revealing
that he reached out to India’s stand-in skipper Ajinkya
Rahane with the offer of a drink — an invitation that
was declined.
“I asked if he wanted us to come in for a drink, this
being the end of the series. He said he’d get back
to me. With Ajinkya, we get on well,” Smith said
of his Indian Premier League (IPL) team-mate.
Despite the fireworks, and their series defeat
after an eight-wicket loss in the final Test, it was
a positive tour for Australia, just months after
they suffered one of the worst runs in their his-
tory. “The boys and the dressing room are hurt-
ing,” Smith said in Dharamsala. “But we have
played a good style of cricket over here, we have
competed in every Test match, and for that I am
really proud of the boys.”
Cricket Australia chairman David Peever paid
tribute to Smith, who scored 499 runs as Austra-
lia flirted with their first series win in India since
2004, highlighting the captain’s “gracious” de-
meanour. “Steve showed yet again what an out-
standing leader he is becoming, and his honesty
and gracious comments at the end demonstrat-
ed the qualities that Australians expect from
their Test captain,” Peever said.
“Cricket at this level is highly competitive,
and it is incumbent on all involved, players and
administrators, to honour the protocols and stan-
dards of behaviour that underpin the spirit of cricket,”
he added. — AFP
FIVE FLASHPOINTS OF INDIA V AUSTRALIA SERIES
STEVE SMITH GLENN MAXWELL RAVINDRA JADEJA MURALI VIJAY VIRAT KOHLI
Steve Smith set off a storm of The rancour worsened in the third The fourth Test saw a fresh Also in the final Test, Smith was All could have been forgiven
controversy in the second game Test when Glenn Maxwell was controversy as Jadeja and Wade caught out by an eagle-eyed and forgotten on the final
as he looked to his dressing room caught mocking a shoulder injury engaged in a slanging match that cameraman as he called Murali day, but Indian skipper Kohli
while deciding whether to review sustained by Kohli while diving to could have been left on the field Vijay a cheat for claiming a catch remained unhappy despite
his lbw dismissal in Bangalore, save a boundary. Maxwell, after — had India’s cricket board not that had clearly hit the grass. India’s series win. The home
in a moment he described as a making a similar plunge in the intervened. The verbal clash was Smith, watching the incident captain said he wouldn’t think
“brain fade”. But Kohli accused the outfield, was seen clutching his picked up by stump microphones from the dressing room, was of the Australian cricketers as
visitors of routinely abusing the shoulder and grinning to his team- and the board posted the complete seen using foul language, but he friends “ever again”, a comment
decision review system, stopping mates in a parody that infuriated exchange on its website and social later apologised for letting his which drew a strong reaction
just short of calling Smith a cheat. Indian fans and commentators. media channels for all to hear. emotions get the better of him. from Aussie media.
Media information 2020
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Vol. 14 Issue 313
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SUNDAY | JANUARY 1 2017 • RABI AL THANI 3, 1438 khaleejtimes.com VOL XXXVIII NO. 259 ESTABLISHED 1978 LATE EDITION
LET THE GIVING BEGIN June 16, 2017 khaleejtimes.com/wknd
• TV LISTINGS
• PUZZLES
>NEWSMAKERS
Taylor Swift
Fireworks KT celebraTes The • HOROSCOPE
• mOVIE GUIdE
to head to court
over sexual assault
set to ring in
themed NY Year of GivinG allegations
INSIDE
Angel Tesorero and • V I NAY K A M AT • iS The FAShion
G
induSTry reAdy
Sherouk Zakaria
IVING IS AN ANTHEM. It
sounds simple but it defines
dubai — The UAE was on
Saturday poised to ring in a
themed New Year, named
who we are: our values, our
philosophy, our language. It is
To bAniSh The Super KT CiTy
Times
the Year of Giving, with a
message of compassion and
often called the ultimate human emo-
tion; to give is to ennoble oneself. To Skinny body Type?
spectacular firework displays
in the nation’s hot spots.
give is to realise the reason to be.
Khaleej Times welcomes, and cel- deSiGner taMara
that excel
More than half-a-million
ebrates, The Year of Giving by mak-
people, including tourists
from different parts of the
planet, packed various loca-
ing a promise to its readers: We will
strive to make a difference to your
al GaBBaNi And
tions in Dubai alone, includ-
ing the Downtown, where
lives. We have a lot to learn from our
readers just as we have a lot to share.
Three uAe-bASed
the Burj Khalifa, the world’s
tallest building, will shoot The giving universe is a sharing uni- inFLuenCerS weiGh in
the
myriad of colours into the verse that treats readers as equals
night sky in a pyrotechnics and givers as friends.
extravaganza. Giving is deeply transformative.
This time around, the cel-
ebrations assumed special Announcing 2017 as The Year of
Giving, the President, His Highness
Zero ‘It’s scary to
significance because of what
the New Year signifies for the Shaikh Khalifa bin Zayed Al Nahyan,
UAE. With 2017 declared as spoke about the culture of giving
the Year of Giving, the famed
Dubai fireworks will send out
back to the community and enhanc-
messages of love, hope and ing the spirit of volunteering and
sum
compassion. loyalty to the country.
“I’ve read about the Year Giving goes beyond giving. “Giving
of Giving in the newspaper is not only donations or charity, but
be so honest’
and online, and I admire the
UAE leadership for coming real giving is making a difference,”
game
up with such initiative,” said explained His Highness Shaikh
Jason Yi, a Chinese tourist. Mohammed bin Rashid Al Maktoum,
“The country is setting a Vice-President and Prime Minister of
good example for other na-
tions to follow, especially in
the UAE and Ruler of Dubai.
this time of serious conflicts Working together and making a
in the region,” said Algerian difference are two qualities that dif-
tourist Bessine Yousef. ferentiate a great newspaper from
Emirati Fuad Salman Al the rest. How can a newspaper work
Alawi, who was at the recently-
inaugurated Dubai Water Ca-
nal, said the canal is a testi-
along with its readers to make a
difference to their lives? How can a Have you heard Linkin Park’s One More Light
mony of what the country
achieved in 2016 and the aspi-
newspaper stop thinking of itself as
a newsmaker and become a friend,
yet? In an interview prior to frontman Chester
rations its citizens have for the
new year. “We are certain that
mentor and guide? How can a news- Bennington’s death, rapper/keyboardist/
Also in this issue: producer Mike Shinoda and guitarist Brad Delson
the coming year will be a lot paper look beyond eyeballs, shares
better than the previous ones and likes and be truly caring? How
not only for the UAE but for
the Arab world in general.”
can a newspaper think beyond in-
forming readers, and simply inspire?
commented on the band’s new album that pushes
the boundaries of genre
HealtHy
Fireworks explode from Auckland’s
> SEE PAGES 3, 6-9 Sky Tower as the New Year is
welcomed on Sunday. — AP > TURN TO PAGE 10
desserts for Pages 10-11
little ones
Modi offers NY sops to poor, traders
new delhi — Indian Prime Minister
Narendra Modi on Saturday an-
Modi, in his 45-minute speech
— first in Hindi and then English The allure
of Armenia
nounced a slew of sops for the poor, — announced that the government
farmers and small traders, the groups
perceived to be worst hit by the de-
would give rebates of four and
three per cent for home loans of up ID: 1361581
size: 6.638 by 737.03
monetisation that caused widespread to Rs900,000 and Rs1.2 million,
Priyanka
economic upheaval in the country. respectively, under the Pradhan
In a New Year Eve address that Mantri Awas Yojana in 2017.
sounded more like a budget speech, He said that the government has
WHy adults DANUBE GROUP
Modi announced interest subven-
tion on housing for the urban and
rural poor, provided enhanced
decided to enhance the credit guar-
antee for Micro Small and Medium
Enterprises (MSMEs) from Rs10 ChoPra & in tHe region
credit guarantees to small traders
and MSMEs, gave a 60-day inter-
est waiver on select farm loans, and
In this fight against
million to Rs20 million.
Terming demonetisation as a
“historic cleansing ritual”, Modi
DeePika are Headed
ensured higher interest earnings
for senior citizens.
corruption and black
money, it is clear that
said people had taken the biggest
“shudhi yagna” after Diwali, and PaDukone’s back to tHe
hollywooD
The prime minister directed you would like to walk had, through their stoicism in the
banks to go out of the way to help shoulder to shoulder face of adversity, proved that a ma-
the not-so-privileged. He said that with us (the govt) jority of Indians wanted freedom
classroom
Diaries
pregnant women will be given from corruption. — IANS
Rs6,000 in their bank accounts to Narendra Modi
take care of initial medical needs. Indian Prime Minister > SEE PAGE 17
reaDY recKoner TrenDinG on KT DiGiTal
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LIVING
PEOPLE • PRODUCTS • PLACES
AUGUST - SEPTEMBER 2017 / ISSUE 32 / VOL 6
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World
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iSSUE no. 63 | voL. 6 | JULy 31, 2017
APRIL 13, 2017 khALeej tImes || Issue 9
PULSE of THE CommUniTy
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Keep calm and stay cool! career
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