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June 30, 2014

Indian banks propose to use gold deposits as CRR/SLR

Filed under: Archived,Economy and business,India — admin @ 5:00 am

Indian banks propose to use gold deposits as CRR/SLR

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Monday, June 30, 2014

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State Bank of India (SBI) and Bank of Baroda (BoB), two of the largest public sector banks of India, proposed on Saturday their gold deposits should be allowed to count toward their state-mandated cash reserve ratio (CRR) or statutory liquidity ratio (SLR).

Arundhati Bhattacharya, the chairperson of SBI, made the proposal at a Gem & Jewellery Export Promotion Council event held in Mumbai on Saturday. She said the need for gold deposits to become more liquid has increased because gold import is putting a strain on the country’s current account deficit. S. S. Mundra, Chairperson and managing director of BoB, agreed and said it would help bringing gold into the more productive sectors of the economy.

Bhattacharya added SBI has no longer any incentive to run its gold deposit scheme as it cannot fully deploy the assets, noting SBI is the party most involved with gold deposits in India. G. S. Sandhu, Union financial services secretary, also at the event, responded that the government is looking for ways to monetize the gold held by the public, as import of gold can strain the current account deficit and foreign exchange reserves.

Currently, the Reserve Bank of India has set the CRR at 4% and the SLR at 22.5%. SLR is the portion of deposits that must be invested in recognized safe securities and assets.



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June 29, 2014

Noosa defeat Caloundra, retake top spot on 2014 Sunshine Coast Rugby Union ladder

Noosa defeat Caloundra, retake top spot on 2014 Sunshine Coast Rugby Union ladder

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Sunday, June 29, 2014

Noosa were denied a try because they put the ball out of play at the ten metre line.
Video: Patrick Gillett.

June 28, 2014
Caloundra 8
Noosa 22
Lighthouse Park
Caloundra, Queensland
Australia

Noosa have retaken top spot on the 2014 Sunshine Coast Rugby Union ladder after beating Caloundra 22 points to 8 in Caloundra, Australia yesterday.

Caloundra opened the scoring six minutes in through a penalty goal. Noosa would even up the scores seven minutes later, and take the lead by the end of the half. 10–3 Noosa at half time.

Caloundra almost scored a try in the first three minutes of the second half but the ball was lost forward by a Noosa player attempting to intercept a pass. Noosa would seemingly shut out the game with a converted try. But Caloundra hit back three minutes later with a try of their own.

They couldn’t capitalise, however, allowing Noosa to score one further try to take the score to 22–8.

In the round’s other game, Toads defeated Maroochydore 31 points to 24. University had a bye.



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Medal-seeking Spanish men arrive at 2014 Goalball World Championships

Medal-seeking Spanish men arrive at 2014 Goalball World Championships

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Sunday, June 29, 2014

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Spain‘s men’s national goalball team arrived in Espoo, Finland Friday for the start of the 2014 IBSA Goalball World Championships. The team comes into the tournament with the goal of securing a medal, which would qualify them for the 2016 Summer Paralympics in Rio de Janeiro. The team missed the 2012 Summer Paralympics.

Head coach Francisco Monreal said, “The objective is to reach the medal round, and qualify directly for the 2016 Games, but we need to be realistic and not think game by game, we can get a surprise. […] The competition will be decided in one game, head or tails, where it doesn’t matter what happened before.((es))

Coming into the competition, the team was ranked eleventh in the world based on the IBSA Unofficial rankings published late last month, down one spot from the April rankings. The team is scheduled to play their first game against the ninth ranked United States men’s team on Monday morning, before playing twenty-first ranked Germany later in the afternoon. Their other scheduled competitors in pool play are top ranked Iran, third ranked Algeria, seventh ranked Finland, twelfth ranked Czech Republic and twentieth ranked Ukraine. The team needs to finish in the top four in their group to advance to the second round.

The team’s roster includes Jose Daniel Fernández, Cristian Santamaria, Félix Vargas, Roman Martínez, Jesús Santana, and Javier Serrato. They are led by head coach Monreal, with assistant coach Carles Estrany and physiotherapist José Bravo. The team is drawn from around the country, with Santana playing for a club in the Canary Islands, Serrato playing for Valencia, Fernández for Madrid area Chamartín, Santamaría for Cantabria, Vargas coming from Barcelona and Martínez from Aragón.

Absent from the 2012 Summer Paralympics, the last major international competition the team competed in was the 2010 Goalball World Championships in Sheffield, England where the team finished fifth. In last year’s IBSA European Goalball Championships in Turkey, the team finished second, behind World Championship hosts and Paralympic gold medalists Finland.

Goalball was created in 1946, exclusively for people with a visual disability and designed to help with the rehabilitation of veterans returning from World War II. Play in the Paralympics consists of two twelve-minute periods, with a three minute break between halves. Players are blindfolded to ensure all are equally visually handicapped on-court, and the game can be stopped to ensure goggles are properly fitted. Standing in front of a long goal, they throw the ball at the opposition team’s net who in turn try to block it by listening to the ball, which contains a bell, and using their bodies to prevent the ball from going in. The audience is asked to remain silent during play.



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Canada wins 2014 Women\’s World Wheelchair Basketball Championship

Canada wins 2014 Women’s World Wheelchair Basketball Championship

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Sunday, June 29, 2014

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Team Canada realizes it has won
Image: Hawkeye7.

Team Canada realizes it has won
Image: Hawkeye7.

Maureen Orchard presents the winner’s trophy to Canada’s Janet McLachlan and Katie Harnock
Image: Hawkeye7.

Gold medal match. Germany’s Annika Zeyen and Canada’s Cindy Ouellet
Image: Hawkeye7.

Gold medal match. Canada’s Janet McLachlan
Image: Hawkeye7.

Mattamy Athletic Centre, Toronto, Canada — Canada has won the 2014 Women’s World Wheelchair Basketball Championship at the Mattamy Athletic Centre in Toronto, defeating Germany 54–50 in the gold medal match yesterday afternoon. The game was a close one, which was decided in an exciting finish involving a series of missed shots and turnovers by both sides.

The Netherlands won the bronze medal game, defeating the United States 74–58. The score belied the closeness of the game. The Netherlands only pulled ahead in the third quarter. Attempts to gain extra time by sending the Netherlands to the free throw line in the closing minutes increased the margin to twenty points at one stage.

In her closing remarks, Maureen Orchard, the President of the International Wheelchair Basketball Federation, said the completion webcast had been watched by 68,000 people in 68 countries.



Sources[]

  • Courtney Pollock. “Schedule & Results” — Wheelchair Basketball Canada, June 28, 2014 (access date)
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June 28, 2014

Germany and Canada into 2014 Women\’s World Wheelchair Basketball Championships final

Germany and Canada into 2014 Women’s World Wheelchair Basketball Championships final

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Saturday, June 28, 2014

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Team USA braces for action in the semifinal against Germany
Image: Hawkeye7.

Canada’s Katie Harnock
Image: Hawkeye7.

Germany’s Simone Kues
Image: Hawkeye7.

Australian Glider Amber Merritt
Image: Hawkeye7.

Team Germany in the match against the USA
Image: Hawkeye7.

Team Netherlands in the semifinal against Canada
Image: Hawkeye7.

Canada’s Tim Frick is commentator on the webcast
Image: Hawkeye7.

The Mattamy Athletic Centre venue
Image: Neal Jennings.

Opening Ceremony
Image: Hawkeye7.

Mattamy Athletic Centre, Toronto, CanadaGermany defeated the United States and Canada defeated the Netherlands yesterday in the semifinals of the 2014 Women’s World Wheelchair Basketball Championship at the Mattamy Athletic Centre in Toronto, Canada. Canada is now to meet Germany in the final this afternoon, immediately after the match between the United States and the Netherlands for the bronze medal.

Up until this point, the Netherlands has been undefeated. It led at every change, but the Canadian team persevered, represented on the court for most of the match by Tracey Furguson, Janet McLachlan, Cindy Ouellet, Katie Harnock and Jamey Jewells. In the final quarter, Canada pulled away. Two three-point field goals from the Netherlands’ Inge Huitzing nearly leveled the score. The Netherlands was able to pull ahead, but Team Canada managed to get a point in front when the siren sounded, for a final score of 74–75.

The second semifinal between Germany and the United States was an equally close affair, with the two sides neck and neck for most of the match, with the lead changing several times. The crowd was small, but vocal, and Wikinews was told by the German media that some 2,000 viewers in Germany had stayed up late to watch the match live via the webcast. Scores were tied at 46-all at three quarter time, but Germany’s Marina Mohnen, Gesche Schünemann and Mareike Adermann managed to build a six-point lead with less than four minutes to go, despite having no answer to the United States’ Rose Hollermann. The United States tried repeatedly sending Schünemann, Annika Zeyen and Simone Kues to the free throw line, only to find their shooting to be very accurate. When the siren sounded, Germany had won, 68–58.

In the consolation match preceding the Netherlands-Canada game, Australia defeated China. The Australian Gliders will play Great Britain tomorrow for fifth place.



Related news

  • “Germany, Netherlands, Canada and USA into Women’s Wheelchair Basketball Championships semi-finals” — Wikinews, June 27, 2014

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  • Courtney Pollock. “Schedule & Results” — Wheelchair Basketball Canada, June 27, 2014 (access date)
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June 27, 2014

Russians continue to top podium on third day of European Deaf Swimming Championships

Russians continue to top podium on third day of European Deaf Swimming Championships

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Friday, June 27, 2014

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The second day of swimming at the European Deaf Swimming Championships
Image: Federación Española de Deportes para Sordos.

With day three of the European Deaf Swimming Championships wrapped up on Wednesday in Saransk, Russia, the host nation continues to lead in total number of gold medals awarded.

Russian men swept the podium in the men’s 50m butterfly with Ilya Trishkin taking home gold and besting the previous European Championship Record with a time of 25.62. Fellow Russian Vitaliy Obotin finished first in the men’s 200m medley, setting a new European record in the process and beating out the next closest swimmer in today’s competition, Trishkin, by almost 5 seconds. Eleonora Brykanova won a gold in the women’s 100m freestyle. Martin Fomin finished first in the men’s 200m breaststroke, with a European Championship Record time of 2:24.27. Russian swimmers claimed half the total gold medals awarded on the day, and half the total of all medals awarded.

The remaining gold medals were distributed amongst four other countries. Ukraine’s Anna Tovsta won gold in the women’s 800m freestyle. Poland’s Artur Pioro finished first in the men’s 400m freestyle. Great Britain’s Danielle Joyce captured gold in the women’s 200m backstroke with a world record time of 2:25.38. Belarus’s Aksana Petrushenka finished first in the women’s 100m breaststroke. During the preliminary race, she set a new European Championship Record with a time of 1:15.33 before going on to better that time in the final with a time of 1:13.23.

Overall, Ukraine climbed one place over Germany in the overall medal rankings, having won four total medals on Wednesday. Poland and Great Britain also went up one spot each. Germany fell to sixth place, having won only one silver medal on the day. Swimmers from Greece, Latvia, Netherlands, Portugal, Republic of Macedonia, Spain and Turkey failed to win any medals.

Yesterday was an off day for swimming, and competition had continued today.

Total medals after day three of competition
Rank Country Gold Silver Bronze Total
1 Russia 15 13 10 38
2 Belarus 6 1 2 9
3 Ukraine 1 5 7 13
4 Poland 1 3 3 7
5 Great Britain 1 2 3 6
6 Germany 1 1 0 2
7 Greece 0 0 0 0
7 Latvia 0 0 0 0
7 Netherlands 0 0 0 0
7 Portugal 0 0 0 0
7 Republic of Macedonia 0 0 0 0
7 Spain 0 0 0 0
7 Turkey 0 0 0 0



Related news

  • “Russians top podium on second day of European Deaf Swimming Championships” — Wikinews, June 25, 2014

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Germany, Netherlands, Canada and USA into Women\’s Wheelchair Basketball Championships semi-finals

Germany, Netherlands, Canada and USA into Women’s Wheelchair Basketball Championships semi-finals

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Friday, June 27, 2014

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Team USA huddled before a game at the 2014 Women’s World Wheelchair Basketball Championship
Image: Hawkeye7.

Yesterday in Toronto, Canada at the 2014 Women’s World Wheelchair Basketball Championship, four teams qualified for the semi-final rounds. The teams still in the running to win the competition are Germany, the Netherlands, Canada and the United States.

Germany qualified after defeating France 70–25. Mareike Adermann from Germany was named the player of the match. The Netherlands earned their spot after beating China 62–52. Dutch player Inge Huitzing was named the player of the match.

Janet McLachlan at the 2014 World Championships
Image: Hawkeye7.

Canada was the third team to reserve their spot in the semi-finals after beating Australia women’s national wheelchair basketball team 63–47. Cindy Ouellet of Canada was named the player of the match. Only four players scored for Canada: Ouellet led with 20 points, Janet McLachlan and Katie Harnock both scored 17, and Tracey Ferguson scored 9 points. Sarah Strewart led the Australian team in scoring with 12 points. Neither team made a three-point shot. Australia gave Canada ten attempts to make free throws, with Canada capitalizing on this to score 7 points. In contrast, Canada only gave the Australians one trip to the free throw line, with Amber Merritt scoring on the team’s only attempt.

The United States booked the last spot in the semi-finals after defeating Great Britain 53–41. The United States’ Gail Gaeng was named the player of the match. The team took an early 6–0 lead. While Helen Freeman and Louise Sugden were able to score for Great Britain, the first quarter ended 13–8 in favor of the US. Great Britain was able to get within three points early in the second quarter, but were never able to get closer to Team USA, despite managing again to pull within three points during the third period. The United States pulled ahead early in the fourth period by 12 points. Rebecca Murray and Gail Gaeng led the USA team in scoring with 15 points each.

In other matches played yesterday, Brazil won the eleventh place match after defeating Peru 88–8. Japan finished in ninth place after beating Mexico 68–40.

In semifinal play, Canada is scheduled to play the Netherlands today, and the United States is to take on Germany. France plays Great Britain, and China is to compete against Australia in consolidation match play.



Related news

  • “Japanese wheelchair basketball player Mari Amimoto leads in scoring at world championships” — Wikinews, June 25, 2014

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June 26, 2014

Belgian men\’s goalball team departs for Finland for World Championships

Belgian men’s goalball team departs for Finland for World Championships

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Thursday, June 26, 2014

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Belgian national team selfie the day they departed for the World Championship. Pictured are Klison Mapreni, Tom Vanhove and Youssef Bihi
Image: Klison Mapreni.

This morning European time, the Belgium men’s national goalball team departed for Espoo, Finland for the 2014 IBSA Goalball World Championships. The championship is the biggest competition since the 2012 Summer Paralympics.

The team is scheduled to play their opening game on the morning of June 30 against Brazil men’s national goalball team. They are scheduled to play their second game of pool play against Turkey men’s national goalball team later that afternoon. Their remaining games in pool play are against Canada, Lithuania, Egypt, China and Japan.

The members of the team are Bruno Vanhove, Tom Vanhove, Klison Mapreni, Youssef Bihi, Wassime Amnir and Glenn Van Thournout. They are coached by Jean Claude Meulemans and Werner Van Thournout. 30-year-old teammates Bruno and Tom Vanhove are sextuplet brothers, who have been part of the national goalball program for about ten years. Three of the sextuplets, including Bruno and Tom, are visually impaired. When playing, Bruno can throw the ball at speeds of up to 60 km/hour, while Tom can throw the ball at just under 55 km/hour.

Last month, with all but one of the same roster scheduled to compete at the World Championships, the national team competed at the Belgian-hosted Parantee Paralympic Championships. They lost to Algeria 7–11, defeated Russia 11–5, lost to the United States 3–13, defeated the Netherlands 10–5, narrowly lost to Finland 5–6, and lost to Lithuania 6–13.

Goalball was created in 1946, exclusively for people with a visual disability and designed to help with the rehabilitation of veterans returning from World War II. Play in the Paralympics consists of two twelve-minute periods, with a three minute break between halves. Players are blindfolded to ensure all are equally visually handicapped on-court, and the game can be stopped to ensure goggles are properly fitted. Standing in front of a long goal, they throw the ball at the opposition team’s net who in turn try to block it by listening to the ball, which contains a bell, and using their bodies to prevent the ball from going in. The audience is asked to remain silent during play.



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June 25, 2014

Russians top podium on second day of European Deaf Swimming Championships

Russians top podium on second day of European Deaf Swimming Championships

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Wednesday, June 25, 2014

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The second day of swimming at the European Deaf Swimming Championships
Image: Federación Española de Deportes para Sordos.

With the second day of swimming yesterday at the European Deaf Swimming Championships in Saransk, Russia, Russia won five of the seven gold medals awarded on the day.

Vladislav Vasin won the men’s 50 meter freestyle. Igor Zhuravlev came in first in the men’s 100 meter backstroke. Vitaly Obotin finished first in the men’s 400 meter medley. Ekaterina Savchenko won gold in the women’s 200 meter butterfly. Leonid Grishin, Stepan Klimenko, Miron Denisov and Vitaly Obotin came in first in the men’s 4 x 200m freestyle.

Rounding out the day’s first place finishes, Belarussian Aksana Petrushenka won the women’s 50 meter freestyle, and Maryia Rudzko, Katsiaryna Eramtsova, Aksana Petrushenka and Anastasiya Filipchyk in the women’s 4 x 100 meter medley.

Several records were broken on the day. During a preliminary, Russian Obotin set a new European Deaf Swimming Championships record in the the 400 meter medley event, breaking German Bjorn Koch’s record set at the 2010 Dortmund, Germany hosted championship. Obotin’s time was 9 seconds slower than his European record holding time of 4:34.49, which he set in Sofia, Bulgaria last year. In the final, Obotin broke his European record with a time of 4:33.66. Vasin matched the European Championship Record in the men’s 50 meter freestyle final, with a time of 24.35, equaling Greek George Dontas’s record set at the 2002 championships in Amsterdam, Netherlands. Russian Ekaterina Savchenko set a European Championship Record in the women’s 200 meter butterfly, with a time of 2:27.90, bettering her own European Championship Record set in Thessaloniki, Greece in 2006. The Russian team of Leonid Grishin, Stepan Klimenko, Miron Denisov and Vitaliy Obotin set a European Championship record in the men’s 4 x 200m freestyle, beating the record set at the 2010 Dortmund hosted championship. The Belorussian team of Maryia Rudzko, Katsiaryna Eramtsova, Aksana Petrushenka and Anastasiya Filipchyk set a world record in the women’s 4 x 200m medley, beating the record set by Belarus in 2009 in Taipei.

After two full days of swimming, Russia led the competition’s overall medal count with 26 medals, 11 of which were gold. Belarus was second, with 6 total medals, 5 of which were gold. Germany was third, with just one medal, which was gold.

Total medals after day two of competition
Rank Country Gold Silver Bronze Total
1 Russia 11 9 6 26
2 Belarus 5 0 1 6
3 Germany 1 0 0 1
4 Ukraine 0 4 5 9
5 Poland 0 3 2 5
6 Great Britain 0 1 3 4
7 Greece 0 0 0 0
7 Latvia 0 0 0 0
7 Netherlands 0 0 0 0
7 Portugal 0 0 0 0
7 Republic of Macedonia 0 0 0 0
7 Spain 0 0 0 0
7 Turkey 0 0 0 0



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Japanese wheelchair basketball player Mari Amimoto leads in scoring at world championships

Japanese wheelchair basketball player Mari Amimoto leads in scoring at world championships

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Wednesday, June 25, 2014

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Animoto at last year’s Asia-Oceania championship
Image: Matthew Wells.

With five days of competition complete as of last night, Japanese wheelchair basketball player Mari Amimoto leads in scoring at the Women’s World Wheelchair Basketball Championship taking place in Toronto, Canada. She scored 122 total points, 7 more than the second highest leading scorer, Canadian Janet McLachlan.

The 4.5 point player Amimoto, who plays club basketball in Australia, led her team in scoring with 18 in their opener against Canada, which they lost 83–53. In her team’s 61–55 loss to China, she again led her team in scoring with 22 points. In her third game in pool play, a 48–62 loss to Great Britain, she again led her team in scoring with 25 points. In her team’s only win in pool play, she scored 37 points against Brazil in a game they won 63–52. In the final game of pool play, she scored 20 points, leading her team in scoring in their 82–49 loss to Germany.

Amimoto matched up against British player Helen Freeman, another leading scorer in the tournament, in her game against Great Britain. Freeman held back Amimoto’s game after Japan took a very an early lead 4–2.

On her personal blog, Amimoto thanked people for their continued support((jp)) and said she was excited to be playing in the ninth place match against Mexico, and it is a game she really wants to win.((jp))

Overall in the competition, 126 players have scored at least two total points. Canada is the only nation with more than one player amongst the top ten scorers. Their second leading scorer is Katie Harnock, with 75 points so far. Other players in the top ten include USA player Rebecca Murray with 105 points, Dutch Mariska Beijer with 101 points, Chinese player Yong Qing Fu with 99 points, Mexican player Floralia Estrada with 96 points, British player Helen Freeman with 89 points, German player Marina Mohnen with 88 points, and French player Angelique Pichon with 76 points.

Round robin play concluded yesterday, with France, Germany, China, the Netherlands, Australia, Canada, Great Britain and the United States all having qualified to play in quarter-final matches scheduled for tomorrow. Japan was scheduled to play Mexico for ninth place, and Brazil was scheduled to play Peru for eleventh place.



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