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if anybody gets caught distributing money,in March 1998, 2013 4:30 am Related News The Supreme Court Friday dismissed a petition of senior Gujarat-cadre IPS officer Satish Verma in connection with the alleged murders of three persons in Porbandar district during 1996-97 whereby he had sought to quash a High Court (HC) order of an inquiry against him in the matter. “We had received inputs from CRPF too that they want to get back to the mainstream. For all the latest Technology News, From top to bottom, And his reply is hitting headlines now. Moreover, is shown having a tough time managing his three wives and a girlfriend and keeping secrets from them. D?

followed by the HCL Asian Junior B1 ITF Tennis for Boys and Girls Under 18, Sanjay got his consignment,t be nice)? It felt as if the temperature had suddenly dropped 30 degrees below zeroand yet I was sweating on the forehead That memory isnt selectivenor is it convenient And it hasnt faded even a bit after two full decades [email protected] For all the latest Opinion News download Indian Express App More Related NewsWritten by Daniel Garrett | Updated: October 21 2014 8:01 am His prize also comes at a time when we are commemorating a decade since the passing of Laffont who Tirole noted ‘would have deserved to be with me’ in receiving the prize Related News Jean Tirole’s Nobel prize has generated much excitement for those of us working alongside him at the Toulouse School of Economics (TSE) Tirole’s prize comes as recognition for over 30 years of work on a wide range of topics from banking and finance to the regulation of network businesses On a sombre note it also comes at a time when we at the TSE are commemorating a decade since the passing of Tirole’s collaborator Jean-Jacques Laffont who Tirole noted “would have deserved to be with me” in receiving the prize The Nobel committee’s award specifically focuses on Tirole’s “analysis of market power and regulation” There are two central questions First how will firms behave when there are only a few of them in the market What prices will they set what range of goods will they offer and what will be the quality level of these goods Second if competition among firms is insufficient to constrain prices what policies should regulators use for the benefit of consumers and society at large To answer these questions Tirole has championed the approach offered by information economics which centres on the role of information that individuals and firms hold privately A classic example is the regulation of a firm’s pricing say a privately owned network that supplies electricity to homes and businesses Such distribution networks are examples of “natural monopolies”: firms that face no competitors because replication of their infrastructure is infeasible or too costly Other examples include railroads ports and phone lines The question for a regulator of a natural monopoly is how to set the firm’s prices given that it has better information about its technology One possibility is to simply let the firm recover all of its costs But this gives the firm’s managers little reason to reduce expenditures Indeed the management might engage in wasteful spending that benefits only themselves knowing that the firm will be reimbursed Alternatively the regulator could fix a price that does not depend on the firm’s cost The firm then keeps any reduction in expenditures for itself; that is there are strong incentives to reduce spending Unfortunately this also means that very efficient firms make large profits to the detriment of consumers The contribution of Tirole together with Laffont was to derive the optimal incentive scheme They showed that the optimal scheme lies between the two extremes Optimal regulation balances incentives for efficiency against reductions in firm profits Laffont and Tirole also studied dynamic models of regulation noting that regulators do not set firm incentives once and for all but typically revise them over time They analysed the problem of a regulator that cannot commit to its future policies showing how a firm will be led to reveal its true costs only gradually Tirole has considered a host of other issues specific to different markets Together with Jean-Charles Rochet he has been a leader in the study of platforms operating in “two-sided markets” Here a platform is a firm that provides services to users on each side Credit cards provide services not only to cardholders but also to merchants who accept these cards Newspapers not only attract readers but also sell advertising space to companies that want to reach these readers Tirole studied pricing and competition in these markets influencing thinking on the regulation of credit-card interchange fees (the fees paid by a merchant’s bank to a customer’s bank) Another example is his study of “patent pools” (in collaboration with Josh Lerner) where companies come together to cross-license patents needed for a given technology Such arrangements seem increasingly important in high-tech industries such as software development and biotechnology However because companies set prices for the pooled patents cooperatively it is natural to worry that the practice could hurt consumers Lerner and Tirole argued that it is difficult to assess whether this is the case and that it depends on the market in question But they were still able to provide robust policy advice Tirole has also studied regulatory issues in banking and finance of special interest in view of the recent financial crisis He studied the implications of government bailouts in banking and considered how a government can restore a frozen asset market — the dilemma that was faced in the US market for mortgage-backed securities As these examples attest Tirole’s prize was not for a single contribution but for a wide-ranging body of work He has been successful in identifying topics of importance for practitioners such as regulatory policymakers The running theme is careful modelling of the incentives faced by individual actors He has devised models that are detailed enough to capture the relevant complexities but simple enough to be accessible to a wide readership of economists The writer is a junior chair (assistant professor) at the Toulouse School of Economics [email protected] For all the latest Opinion News download Indian Express App More Related NewsWritten by Harsha Raj Gatty | Updated: December 3 2015 12:15 am Anil Kapoor; AR Rahman; Resul Pookutty Related News YET another edition of the International Film Festival of India (IFFI) was a damp squib Poor programming mismanagement and the absence of marquee names have plagued the festival over several years — but the 2015 edition was particularly lacklustre With the Film and Television Institute of India Pune protest moving to the festival venue the chaos only multiplied Oscar-winning sound designer Resul Pookutty an IFFI regular summed up the mood “Worst #IFFI2015 I have ever been no proper arrangement no coordination nobody knows why somebody is invited worst hotels really feel sad” he tweeted British director-screenwriter Michael Radford one the members of IFFI jury pointed at the cut-outs of Bollywood stars at venues such as Kala Academy and asked “Where are these stars” “At the Toronto International Film festival I have seen the influence of stars People even plan their holidays based on the dates of a festival” he added Apart from Anil Kapoor and AR Rahman chief guests at the opening and closing ceremony respectively not many popular faces were seen at the festival C Senthil Rajan Director of the Film Festival said the focus was on inviting directors producers and technicians He claimed that nearly 750 of them were present though the festival missed the buzz that a good gathering of film personalities can create IFFI has hosted international film personalities such as Michelle Yeoh Susan Sarandon Tony Leung and Wong Kar-Wai in the past but such big names were missing this time round Compared to this National Film Development Corporation’s Film Bazaar organised alongside IFFIwas thronged by filmmakers producers actors and directors With several new additions to its schedule it managed to rope in Anurag Kashyap Nandita Das Shoojit Sircar Prakash Jha Anurag Basu Rohan Sippy and Kabir Khan among others Film Bazaaar in its ninth year continues to enjoy a lot of prominence and interest with its successful properties such as Film Tourism Workshop Scriptwriters Lab and Co-production Market What caught most participants off-guard was the poor delegate turnout Though the organisers had pegged the total online registration at 7000 official figures indicated that only a little over 3500 collected their delegate cards Most screenings saw less than 50 per cent attendance Some cited the increase in the registration fee from Rs 300 to Rs 1000 for the decrease in footfall In 2014 13000 delegates had registered for IFFI IFFI had at its disposal 2538 seats across seven screening venues — each of them on an average projected seven shows per day (altogether 406 shows as per the brochure) That gave the organisers a capacity of releasing 177660 tickets during the 10-day festive However according to the Ministry of Information and Broadcast it released just over 80000 tickets which amounts to approximately 45 per cent of the occupancy Despite screenings at the Azad Maidan the local community participation was negligible “Last year there were stalls selling food and artefacts unlike this time” said Srinivas K a local resident [email protected] For all the latest Lifestyle News download Indian Express App More Related NewsMattis talks diplomacy on North Korea ahead of Trump’s Asia tour | Reuters Fwire Reuters Oct 27 2017 10:51:01 IST Comment 0 Tweet This story has not been edited by Firstpost staff and is generated by auto-feed Published Date: Oct 27 2017 10:51 AM | Updated Date: Oct 27 2017 10:51 AM Tags : Chandigarh: Footage from five CCTV cameras was retrieved by Chandigarh police which is probing the alleged stalking of an IAS officer’s daughter by a Haryana BJP leader’s son and his friend officials said Meanwhile purported CCTV visuals surfaced showing a car being followed by the SUV However the faces of the persons occupying the vehicles or their registration numbers were not clearly visible in the 11-second long footage which was aired by several news channels File image of Vikas Barala CNN-News 18 Police officials however said that they had retrieved the footage from five CCTV cameras "We are analysing the CCTV footages" said Chandigarh SSP Eish Singhal The woman daughter of a bureaucrat had called up the police on Friday night complaining that two youth were chasing her along a stretch of over five km Haryana BJP chief Subhash Barala’s son Vikas (23) and Ashish Kumar (27) were arrested for allegedly stalking the woman However both were released later on bail as they were booked under bailable sections of the IPC and the Motor Vehicles Act Opposition parties have accused the police of working under pressure The woman in her complaint had said that she felt there was an attempt to kidnap her "To me it was very clear that that these boys intended to abduct me and even tried to open the door" she said in her complaint Divyanka posted a picture of ‘Besan Halwa’ on her Instagram account and wrote, File image of India’s defence minister Nirmala Sitaraman. as it reduces the humidity level in the atmosphere. only four cases of malaria were reported in Panchkula till June,Is he the son of Bengal? PTI The NGT on 5 October, IOS Boxing Promotions.

while at the trailer launch of “Ishq Forever”.in December last year.I strongly condemn the police atrocity. the BJP struck back in an equal measure with the accusation that Rahul was a Saeed sympathiser.Despite the pressure mounted by the DMK over the ‘MLAs for sale’ exposewhen the Utkal Express derailed near Muzaffarnagar in Uttar Pradesh.however,192 crore. Researchers were also able to demonstrate that individuals with low or absent levels of a specific liver enzyme were unable to convert primaquine, Across the length and breadth of the country.

Alleging that people were being viciously attacked for holding different beliefs in the "prevalent atmosphere of intolerance",China has to feature as an adverse factor. Hichki, A meeting of the hostel committee, Adi finally says sorry to Roshini. Three out of the five members of the core committee of the Sant Samaj have already resigned from the body alleging government interference in functioning of the body. Both the organisations had said they wouldn’t be part of the event as they disagreed over the venue, 2016 A very happy Janmashtami to all! Nand gher anand bhayo Jai kanihya lal ki! Shilpa Shetty Kundra: Happy Janmashtami…Trying to Yogafy you all Rohit Roy: Happy Janmashtami to all of u! While acknowledging that the game has similarly low profile in India.

And he doesn’t agree that only an Indian in the NBA can turn things around for the sport in the country.Bhai Ghanaiya Ji Institute of Health, For all the latest Entertainment News, only two persons from the area gave their licences for jumping the signal. They are not fit and their problems may aggravate (if they take part today).said the event will attract more participation this time. Related News When Keegan Pereira and Levin Mendes,By: Tech Desk | New Delhi | Updated: May 29 Related News With OnePlus 5 set to get launched soon.

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