DID YOU HEAR… Pickleball Court Construction At Town Hall Has Begun Playground

first_imgWILMINGTON, MA — The Department of Public Works began site work for the Pickleball Courts at Town Hall (Palmer Park) on Monday morning and is expected to continue all week.On Friday, May 11, a crane will be on site for the purpose of removing larger trees.  As a result, the basketball court and playground area will be off limits between the hours of 7am. and 4pm.In the event work is not completed on Friday, work will resume on Friday, May 18.Town Meeting voters approved funding for three pickleball courts at Saturday’s Annual Town Meeting.Unsure what Pickleball is? Learn more about the sport by watching this video from the Wilmington Recreation Department HERE.(NOTE: The above announcement is from the Town of Wilmington.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip?Share this:TwitterFacebookLike this:Like Loading… RelatedTHE WAIT IS OVER: Pickleball Courts To Open At Palmer Park This Wednesday, September 26In “Community”Wilmington To Build 3 Pickleball CourtsIn “Government”NOW HIRING: Town’s Highway Division Is Hiring An Equipment OperatorIn “Business”last_img read more

Dhanteras 2016 Gold fails to shine due to weak demand high prices

first_imgGold remained lacklustre even on Dhanteras as global weakness in the precious metal failed to offset token buying by jewellers and retailers on Friday, resulting in the yellow metal losing Rs 110 to close at Rs 30,590 per 10 gm. Silver remained unchanged at Rs 42,700 per kg.In the past one month, gold has lost almost 2.50 percent from its September 29 closing price of Rs 31,350.Gold prices have increased by Rs 4,360, or 16.6 percent, while silver has gained Rs 7,290, or 20.58 percent from last year’s Dhanteras, according to PTI.The auspicious buying of gold on Dhanteras did not lift prices, though jewellers were hopeful of bullish sales this year on the back of salary bonanza to Central government employees with the partial implementation of the proposals of the 7th Pay Commission and a good monsoon after two straight years of drought.Gold jewellers had pinned their hopes on these factors to see higher demand this year.”Diwali bonuses coupled with the increased purchasing power triggered by the 7th pay commission is expected to notch up the demand for gold this season. The wedding season round the corner will also have a positive demand on the growth,” Pratap Kamath, CEO of Bengaluru-based Abaran Jewellers had said a few days ago.”In fact, jewellery buying during this Dhanteras is expected 30 per cent more than last year,” he added.Crowds at jewellery shops could be telling a different story, suggests an IANS report from Mumbai. “This is despite the fact that the gold prices are around Rs 30,450/10 gms (per tola) compared to Rs 25,450/10 gms on Dhanteras last year (2015),” Mumbai Jewellers Association’s Vice-President Surinder Kumar Jain told the agency.Most of the gold jewellers are family-owned businesses in India, while a few are listed companies, such as PC Jeweller, Gitanjali Gems, Titan, which retails jewellery under Tanishq brand and Tribhovandas Bhimji Zaveri (TBZ).On Friday, Titan shares gained 1.46 percent, PC Jeweller 0.30 percent and TBZ 3.85 percent, while Gitanjali Gems lost 1.13 percent. TBZ and Titan will be declaring their Q2 results on November 9 and 4, respectively.The recommendations of the 7th Central Pay Commission cover 47 lakh Central government employees and 53 lakh pensioners, of which 14 lakh employees and 18 lakh pensioners are from the defence forces.last_img read more

Top five investment options for salaried individuals

first_imgTop five investment options for salaried individualsIANSThe law of compounding works wonderfully for salaried people who invest regularly across savings instruments. Safety, return, liquidity and tax benefits are the major points a salaried investor is always on the lookout for. There are only few investment instruments that can offer these three together.Here are top five instruments the salaried can invest for decent returns.1. KTDFC Kerala Transport Development Finance Corporation Ltd (KTDFC) is a government of Kerala owned non-banking Company, which is registered under RBI. For 1 year the interest rate on a KTDFC deposit is 8.25 percent for one year, while it offers 8.50 percent for senior citizen deposits. As of now no banks excluding co-operative banks in the country offer these interest rates along with safety.2. PPF Public Provident Fund offers customers an interest rate of 7.8 percent currently. The interest earned under this instrument is tax-free and the amount invested qualifies for tax rebate under sec 80C of the Income Tax Act. In PPF the amount invested has a tenure of 15 years. Partial withdrawals can be made after 7 years.3. Company FD There is some AAA-rated Company fixed deposits which beat bank FD interest rates. For example, Bajaj Finance offers an interest rate up to 7.85 percent per annum. Mahindra Finance FDs offer an interest rate of 7.75 percent to 7.80 percent depending on the tenure of investment. Senior citizens are entitled to an extra 0.25 percent.4. Systematic Investment Plan SIP (Systematic Investment Plan) is based on the idea of averaging your investment cost over time. Under SIP the investor invests a constant amount every month and keep doing it for a long time. ICICI Prudential Value Discovery Fund, SBI Blue Chip Fund, and Aditya Birla Sun Life Frontline Equity Fund are popular SIPs.5. Bank FDs Tax-saving FDs are offered by many leading banks including SBI, HDFC, Axis, ICICI Bank, they may not offer the best rates on these fixed deposits. Most of the tax-saving FDs have a compulsory lock-in period of 5 years and maturity period from 5-10 years. Government banks are at best offering 7.5 percent interest on normal deposits.last_img read more

Law group helping US probe confirms Rohingiya genocide by Myanmar

first_imgA house is seen on fire in Gawduthar village, Maungdaw township, in the north of Rakhine state, Myanmar 7 September 2017. Photo: ReutersA human rights law group contracted by the State Department to interview refugees as part of an investigation into atrocities against Rohingya Muslims in Myanmar has found that there is a reasonable basis to conclude that genocide was committed – even though the US government stopped short of saying so.A report due to be released on Monday by the Washington-based Public International Law and Policy Group (PILPG) will also say there was a reasonable basis to conclude that the Myanmar military committed crimes against humanity and war crimes, as well as genocide.A US State Department report released in September, which relied on PILPG research, found that Myanmar’s military waged a “well-planned and coordinated” campaign of mass killings, gang rapes and other atrocities against the Rohingya.But it stopped short of describing the crackdown as genocide or crimes against humanity, an issue that US officials said was the subject of fierce internal debate that delayed the report’s rollout for nearly a month.A declaration of genocide by the US government, which has only gone as far as labeling the crackdown “ethnic cleansing,” could have legal implications of committing Washington to stronger punitive measures against Myanmar. This has made some in the Trump administration wary of issuing such an assessment.In an advisory on Thursday announcing the planned release of the legal analysis of its investigation, PILPG said it would reveal that “there is a reasonable basis to conclude that war crimes, crimes against humanity, and genocide were committed against the Rohingya population.”PILPG based its report on more than 1,000 interviews with Rohingya refugees who fled to Bangladesh. The group said its mission was conducted in March and April “to provide an accurate accounting of the patterns of abuse and atrocity crimes.”The September State Department report was released in low-key fashion nearly a month after U.N. investigators issued a report accusing Myanmar’s military of acting with “genocidal intent” and calling for the country’s commander-in-chief and five generals to be prosecuted under international law.State Department officials have said the objective of the US government investigation was not to determine genocide but to “document the facts,” and it would be up to Secretary of State Mike Pompeo to make a “legal” designation in the future.Pompeo has urged Myanmar’s government to investigate abuses against the Rohingya and hold accountable members of its security forces and others who were responsible.A top State Department official said in September those responsible could be held accountable for genocide and crimes against humanity.The military in Myanmar, previously known as Burma, where Buddhism is the main religion, has denied accusations of ethnic cleansing and says its actions were part of a fight against terrorism.last_img read more