KANPUR: The police have arrested an active member of D-2 gang here on late Thursady night, who was trying to revive the criminal network in city.The police have recovered a 0.32 bore Chinese pistol and large quantity of cartridges were also seized from him, the police said.The arrested identified as Shahid alias Piccha, son of Ahmed Khan of Chamanganj Saeedabad Masjid, was arrested from Awas Vikas-3 on Thursday night, DIG, Prem Prakash said.He was also wanted for killing Islam alias Barkhurdar on April 5, 2010 in Anwarganj area of the city. The state government had recently announced Rs 10,000 on him. He was active since 2005 and had joined D-2 Gang in the year 2007.Having about a dozen criminal cases pending against him with separate police stations in city, Shahid on late Thursday night was reported to meet one of his close aides Shanu Boss in Unnao. The police as per the tip-off laid a trap to nab him and his gang members at a petrol pump in bordering Unnao but Shanu managed to give police a slip.A case against Shahid has been lodged under various IPC with the Kalyanpur police station. Apart from reviving D-2 gang’s criminal network, he was also engaged in recruiting and hiring professional criminals for criminal activities like extortion, smuggling of firearms, he said, adding that further investigations were on.KANPUR: The police have arrested an active member of D-2 gang here on late Thursady night, who was trying to revive the criminal network in city.
The police have recovered a 0.32 bore Chinese pistol and large quantity of cartridges were also seized from him, the police said.
The arrested identified as Shahid alias Piccha, son of Ahmed Khan of Chamanganj Saeedabad Masjid, was arrested from Awas Vikas-3 on Thursday night, DIG, Prem Prakash said.
He was also wanted for killing Islam alias Barkhurdar on April 5, 2010 in Anwarganj area of the city. The state government had recently announced Rs 10,000 on him. He was active since 2005 and had joined D-2 Gang in the year 2007.
Having about a dozen criminal cases pending against him with separate police stations in city, Shahid on late Thursday night was reported to meet one of his close aides Shanu Boss in Unnao. The police as per the tip-off laid a trap to nab him and his gang members at a petrol pump in bordering Unnao but Shanu managed to give police a slip.
A case against Shahid has been lodged under various IPC with the Kalyanpur police station. Apart from reviving D-2 gang’s criminal network, he was also engaged in recruiting and hiring professional criminals for criminal activities like extortion, smuggling of firearms, he said, adding that further investigations were on.
Archive for July, 2010
“Bookkeeper” and “bookkeeping” and “sweet-toothed” have three consecutive sets of double letters. Others are “deer-reeve,” “feed-door,” “heel-loop,” “hoof-footed,” “hoot-toot,” “keek-keek,” “Soonnee,” “toot-toot,” “veneer-room,” and “wood-deer.” “Subbookkeeper” is the only word found in an English language dictionary with four pairs of double letters in a row.
Via – WWW.dictionary.reference.com
Try any route to get out of a desperate situation, no matter how unlikely it is to succeed.
It is only since the mid-19th century that we have been clutching at straws. Prior to that, desperate people would ‘catch at a straw’.
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Meaning
A state of high alert, often a simulated panic for comic effect.
It is a nautical phrase that doesn’t originate from the heydays of sail. One of the numerous meanings of the word station is ‘a position assigned to a man on duty’. The Royal Navy had several commands to call sailors to their stations, notably ‘action stations’, which was ordered when a ship came under attack. Oddly, for a term that sounds like an ironic play on words, ‘panic stations’ was an actual command. This is apparent in a report titled Behind the Veil, published in The Times, November 1918:
Alarm gongs had already sent the guns’ crews to their invisible guns and immediately after the explosion ‘Panic stations’ was ordered, followed in due course by ‘Abandon ship’.
Via A Phrase A Week
Negative consequences arising from large increases in a country’s income. Dutch disease is primarily associated with a natural resource discovery, but it can result from any large increase in foreign currency, including foreign direct investment, foreign aid or a substantial increase in natural resource prices.
Dutch diseas has two main effects:
1. A decrease in the price competitiveness, and thus the export, of the affected country’s manufactured goods
2. An increase in imports
In the long run, both these factors can contribute to manufacturing jobs being moved to lower-cost countries. The end result is that non-resource industries are hurt by the increase in wealth generated by the resource-based industries.
The term “Dutch disease” originates from a crisis in the Netherlands in the 1960s that resulted from discoveries of vast natural gas deposits in the North Sea. The newfound wealth caused the Dutch guilder to rise, making exports of all non-oil products less competitive on the world market.
In the 1970s, the same economic condition occurred in Great Britain, when the price of oil quadrupled and it became economically viable to drill for North Sea Oil off the coast of Scotland. By the late 1970s, Britain had become a net exporter of oil; it had previously been a net importer. The pound soared in value, but the country fell into recession when British workers demanded higher wages and exports became uncompetitive.
A strategy in which an investor sells a certain currency with a relatively low interest rate and uses the funds to purchase a different currency yielding a higher interest rate. A trader using this strategy attempts to capture the difference between the rates, which can often be substantial, depending on the amount of leverage used.
Investopedia explains Currency Carry Trade
Here’s an example of a “yen carry trade”: a trader borrows 1,000 Japanese yen from a Japanese bank, converts the funds into U.S. dollars and buys a bond for the equivalent amount. Let’s assume that the bond pays 4.5% and the Japanese interest rate is set at 0%. The trader stands to make a profit of 4.5% as long as the exchange rate between the countries does not change. Many professional traders use this trade because the gains can become very large when leverage is taken into consideration. If the trader in our example uses a common leverage factor of 10:1, then she can stand to make a profit of 45%.
The big risk in a carry trade is the uncertainty of exchange rates. Using the example above, if the U.S. dollar were to fall in value relative to the Japanese yen, then the trader would run the risk of losing money. Also, these transactions are generally done with a lot of leverage, so a small movement in exchange rates can result in huge losses unless the position is hedged
via www.investopedia.com
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