India’s Essar agrees to sell oil arm to Rosneft-led group

By Douglas Busvine and Denis Pinchuk

GOA, India (Reuters) – India’s debt-laden Essar Group confirmed on Saturday that it has agreed to sell a 98 percent interest in its Essar Oil unit to a consortium led by Russia’s Rosneft, giving the energy giant a gateway into the world’s fastest growing fuel market.

The deal will see Rosneft, along with its partners Trafigura and United Capital Partners (UCP), pay $10.9 billion for Essar’s refining and retail assets. Separately, $2 billion will be paid toward the acquisition of the Vadinar port in the western state of Gujarat, along with certain import and export facilities.

Sources familiar with the matter had told Reuters on Friday that a deal was imminent.

It will give Rosneft a 49 percent stake in Essar Oil, with 49 percent being split equally between Trafigura and UCP. The deal was carefully structured to avoid falling foul of western sanctions against Russia over its role in the Ukraine crisis.

“Rosneft will not get a controlling stake, partly because of these reasons (sanctions)”, Andrey Kostin, head of Russian lender VTB which advised Essar on the deal, told Reuters.

The deal helps Russia to deepen economic ties with India that stretch back to the Soviet era. The purchase is the biggest foreign acquisition ever in India and Russia’s largest outbound deal, according to Thomson Reuters data.

It was finalised after Indian Prime Minister Narendra Modi and Russian President Vladimir Putin met at a summit in the western state of Goa on Saturday.

The all-cash deal will give Rosneft and its partners control of Essar’s 20 million tonne refinery in Gujarat, and its retail fuel outlets in India, where growth for refined petroleum goods in the next five years is expected to be in the 5 percent to 7 percent range.

“Rosneft is entering one of the most promising and fast-growing world markets,” said its Chief Executive Igor Sechin in a statement, adding that the deal gives it “unique opportunities for synergies” with its existing assets.

Separately, Rosneft said it would use Venezuelan crude to supply the Vadinar refinery.

The closing of the transaction is conditional on receiving requisite regulatory approvals that are expected before the end of the first quarter of 2017.

The deal also reduces some of the pressure on Essar, which is controlled by the billionaire Ruia brothers. The group has a presence in oil and gas, steel, ports and power, and has been under pressure from its lenders to reduce its debt burden.

In parallel with the deal, Russian lender VTB said on Saturday it would lend Essar about $3.9 billion toward debt reconstruction.

Chanda Kochhar, chief executive of ICICI Bank Ltd – one of Essar’s top lenders – welcomed the deal, noting that it has been working closely with Essar to deleverage its stressed balance sheet.

With no rate hike, risks to economy up ‘appreciably,’ ex Fed advisor says

The Federal Reserve is “way, way” behind the curve with its lack of interest rate hikes so far this year, former Dallas Fed Advisor Danielle DiMartino Booth told CNBC on Wednesday.

The minutes from the Federal Open Market Committee’s meeting in September, released Wednesday, show a divided Fed. While it opted to leave rates unchanged, officials in favor of hiking are worried that waiting too long could send the country into recession.

“The risks have obviously gone up appreciably,” Booth said in an interview with CNBC’s “Power Lunch.”

The concern is that if the Fed waits too long, it could be forced to raise rates aggressively to slow the economy.

Rate hike

The central bank has left the door open for a rate hike before the end of the year. It meets again in November and December.

However, Lindsey Piegza, chief economist for Stifel, Nicolaus & Co., believes there is no incentive for the Fed to raise rates thanks to slow growth, nonexistent inflation, negative business investment and the consumer under pressure with declining income.

“Certainly they may have to raise rates faster if we turn the corner into 2017 or beyond, but the risk of raising rates too fast more than offsets the risk of raising them too slow at this point,” Piegza told “Power Lunch.”

Traders expect the Fed to hike in December, although probability is less than 60 percent. Many don’t expect it to happen in November because there is no press conference scheduled afterward and it is happening right before the presidential election.

And if the markets react violently to the election, Booth doesn’t think the Fed will raise at all in 2016.

“They won’t move a hair in December if there’s disruption. It’s not their M.O.,” she said.

Piegza argued any rate increase will be based on the data, not politics. “It’s not about the election being six days later. It’s not about the outcome of the election or the market’s reaction to the election,” she said. “It’s about how the U.S. economy is evolving and right now we are subpar growth, declining income, declining gains in employment, declining gains in manufacturing, inflation is still sluggishly low.”

Sorry, Donald Trump, but the Fed isn’t talking politics

Janet Yellen

For all the charges about how politicized the Federal Reserve has supposedly become, the November election apparently was not a discussion topic during the central bank’s September meeting.

Fed watchers have been speculating that it doesn’t want to hike rates ahead of the presidential election. Republican nominee Donald Trumphas alleged that the Fed is holding off because it doesn’t want to disrupt the economy and ruin Hillary Clinton’s chances of getting elected.

Trump told CNBC in September that Fed Chair Janet Yellen should be “ashamed” by her actions as head of the U.S. central bank, without providing evidence of his allegations.

But a summary of the September FOMC gathering produced no references to the race. Of course, the meeting minutes document does not constitute a transcript, but an otherwise detailed document did not even make passing reference to the campaign.

Questioned at the post-meeting news conference about whether the Fed was holding off because of the election, Yellen asserted that no political discussions have taken place. Moreover, she said that when the transcript is released in five years, it will not reflect any talk of the election.

The Eccles Building, location of the Board of Governors of the Federal Reserve System and of the Federal Open Market Committee

Fed minutes: Hawks fear recession in rate hike delay  12 Hours Ago | 04:01

“I can emphatically say that partisan politics plays no role in our decisions,” Yellen told reporters.

Even a benign interpretation has been that the Fed won’t hike in November because it doesn’t want to disrupt the election in either direction. The Federal Open Market Committee meeting concludes Nov. 2, with the election just six days later. Traders give just an 11.4 percent chance of a move at the meeting.

The only reference to anything political at the September meeting was talk of the June Brexit, in which Britons voted to leave the European Union. Despite dire predictions, the vote “apparently exerted less drag on economic activity than previously anticipated by many analysts,” the minutes noted.

Winstrol – Learn about the Side Effects

Winstrol is one of the best drugs. The ability of lowering the sex binding hormone globulin (which breaks down the effectiveness of other steroids) by the use of winstrol has made it best choice for users as even lower doses do the trick unlike other steroids need higher doses to do the same effect which can be seen in days of intake of winstrol.

Image result for Winstrol – Learn about the Side Effects

How it was banned

These steroids were banned by the sporting authorities which were against the fairness of play. The usage of drug by done by all athletes.It was through dope tests which were conducted randomly to catch the users with a ban and fine for using banned substances during play and having an unfair advantage over the opponent. There were many famous names which were stuck in this drug scandal such as Ben Johnson, Rodney Howe and many, many other have been put to shame by their indulgence in drugs.

When this drug is stacked with other steroids it helps the other steroids to reach their target spots and allow them to to work as prescribed. Not only this, the use of winstrol helps in the release of testosterone in the body.

Half cycles of stanozolol

The half cycle of this drug is to known because before a test or when you want to completely wean off or know when to start a new cycle and the drug effect is wearing off. Hence it would good to notify that that when consumed orally the active life will be of 8 to 9 hours and injectable stanozolol will have 36 to 48 hours and you will have half lives of  4 to 5 hours and 16 to 24 hours there on.

This steroid gets even better with other steroids and this process of taking a combo of supplements is called stacking. Stanozolol is better stacked with Anavar, HGH, trenbolone and of course testosterone. All these work well for the kind of body that you would be working out for.

Side effects of winstrol

The typical side effects of oral steroids are more on the liver and partially by injectable ones. Here care has to be taken on the dosage levels. Other side effect would be of joint pains which are taken care of by other medications.

There have been complaints of nauseous and drowsiness feelings, abdominal pains, light coloured stools to dark coloured urine, yellowing of the skin and the eyes, this indicates that the drug has affected the liver. Other mentionable effects are headaches, hair loss and acne as the hormones get effected too in the process.

There have been rare incidents of swelling, itching of skin, hives, and skin irritations to other oddities such as persistent erections, enlargement of the clitoris, tenderness of the breast and menstrual irregularities. These have to be consulted upon by a qualified medical professional and addressed immediately upon noticing as these could later stem on to larger issues which may not be treatable and may have to be borne as long as you live.

7 Tips to Boost Blog Traffic Quickly

how-to-increase-blog-traffic-quickly

I asked a question.

My friends answered.

After probing for pressing blogging problems my Facebook friends answered with a request: how do I increase my blog traffic quickly?

So I wrote this post.

Spoiler Alert: every single tip below will NOT work for you unless you release your impatient, desperate, anxious, greedy, terrified, angry, jealous drivers.

If you attempt to use these tips with the “Oh my GOD I need traffic quickly because I’m scared or worried or impatient or anxious!”, it’s like handing a blow torch to a 5 year old.

Somebody’s getting burned, at best.

Some 5 year old is gonna burn down the house, at worst.

When your energy is off you will mis-use these tools.

But if you hand the 5 year old a blow torch and a package of raw hot dogs, with the proper instructions, he can enjoy flame-roasted wieners instead of burning down the house.

So get rid of that desperate, destructive urge to NEED THINGS QUICKLY and follow these tips.

1: Enjoy Blogging

Fall in love with blogging again.

Stop trying to get things quickly.

Give things quickly.

Enjoy blogging to detach from blogging outcomes.

Detaching from outcomes attracts prospering, creative ideas and people to you.

I boosted my blog traffic dumb fast by falling in love with my blogging gig.

I fell in love with my blog after I trashed my oldie and created Blogging From Paradise.

(Check me out when I visited Phuket, Thailand.)

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This is because I love blogging and traveling, 2 themes I use exclusively on BFP.

2: Solve a Specific Problem

I wrote this post to address a specific problem.

Brought to me by a reader.

You betcha I’ll see a traffic spike through this post.

Ask readers questions through:

  • Your blog
  • Social media
  • Email

Provide answers through your blog posts.

Boost your blog traffic.

Pronto.

3: Leverage Yourself (and Your Blog) through Guest Posting

Use guest posting to reach a huge, targeted audience.

And to increase your blog traffic fast.

Example: blogging tips bloggers would submit guest posts to:

  • Pro Blogger
  • Blogging Tips

4: Title Posts with “12 Tips” or “11 Steps” or Any Double Figures

Double figure themed titles – whether tips or steps or reasons – seem to reel people in.

Readers love big promises.

Readers also love if you follow up on big promises with helpful content (keep that in mind).

Numbers create order in the mind. You know exactly what you’re getting if you add number themed titles to your blog posts.

Examples:

  • 11 tips to boost blog traffic
  • 10 tips to increase blogging income
  • 14 reasons why you should start a blog

Go big with titles to increase your blog traffic.

5: Comment on High Traffic Blogs (Aligning with Your Niche)

I am a blog comment lounge lizard.

You can find me commenting on blogs like:

  • Blogging Tips
  • Pro Blogger
  • Blogging Wizard
  • my very own Blogging From Paradise (onsite comments rock too, guys)

Comment on blogs to build relationships and to drive traffic.

People flock to read your content if you appear to be all over the place.

Blog commenting is one such tool to help you appear to be all over the place.

6:  Go Thorough or Go Home

Write 1,000 word or longer blog posts.

Most bloggers crave traffic because they publish thin posts.

Few readers see value in 300 or 400 word posts.

You want resources.

Not crumbs.

Forget thin-crust pizza.

Go with the deep dish, meat lovers, cardiac arrest inducing crust.

Write 1,000 words to 2,000 words. Or more.

Add links to respected resources.

Link in to helpful posts on your blog.

Create something meaty to boost your blog traffic.

Give readers something to sink their teeth into.

7: Release Mental Blocks Associated with Worthiness and Confidence through Increased Personal Development

3 visitors a day.

My Blogging Ghost Town scared off most living souls.

Out of billions, I attracted 3.

This was 8 years ago.

Today I’m being featured on sites like Fox News and Entrepreneur.

How did I make the quantum leap? From 3 visitors a day to being featured onworld famous blogs?

I faced, embraced and released many wicked mental blocks related to increasing my blog traffic.

Most of us feel like unworthy, undeserving amateurs.

Stings, but it’s true.

If you spend more time:

  • meditating
  • praying
  • EFT tapping
  • affirming

you will eventually uncover some pretty nasty limiting beliefs about deserving, confidence and clarity, in your being.

By clearing out these limiting beliefs – which is unpleasant but necessary – you can attract the ideas, people and circumstances, and move into specific actions, to gain massive blog traffic.

Example

2 years ago I firmly believed throughout my being that I could never write an eBook.

Impossible, I told myself.

2 years later I have written and self published 126 eBooks.

Here’s a teeny weeny sampler of my Blogging From Paradise Library on Amazon.

Wall Street boosted by financial, energy stocks

Traders work on the floor of the New York Stock Exchange (NYSE) as the market closes in New York, U.S., October 3, 2016. REUTERS/Lucas Jackson(Reuters) – Wall Street rose for the first time in three days on Wednesday, powered by gains in financial and energy shares.

Activity in the U.S. services sector saw a big rebound in September, after having slowed to more than a six-year low in the previous month, a report from the Institute of Supply Management showed.

The data raised the prospects of a U.S. interest rate hike in the near term and comes before a carefully watched non-farm payrolls report on Friday.

Oil prices touched their highest levels since June following a bigger-than-expected draw in U.S. crude inventories.

“The markets are taking the economic news positively, but it is a double-edged sword in our opinion because a better economy means the Fed is going to finally start moving on rates,” said Brad Lamensdorf, co-manager at Ranger Alternative Management in Connecticut.

Traders priced in a near 65 percent chance of a rate hike in December after the ISM report, according to the CME Group’s FedWatch tool.

The odds had slightly fallen earlier in the day after data showed that fewer-than-expected jobs were added in the private sector last month.

A growing number of Fed officials have argued for a rate hike before the year ends as conditions in the labor market improve and inflation inches toward the central bank’s 2 percent target.

The S&P financial sector rose 1.46 percent to more than a three-week high.

Wells Fargo and Bank of America rose 2.5 percent and were the top influences on the benchmark S&P 500 index.

Deutsche Bank’s U.S.-listed stock was up 1 percent, while its Frankfurt-listed shares rose 2.6 percent.

The European Central Bank sees no risk of a banking crisis in the Euro zone despite some “individual cases” of lenders in trouble, ECB supervisor Ignazio Angeloni said.

At 11:03 a.m. ET (1503 GMT), the Dow Jones Industrial Average was up 103.82 points, or 0.57 percent, at 18,272.27.

The S&P 500 was up 9.03 points, or 0.42 percent, at 2,159.52.

The Nasdaq Composite was up 28.48 points, or 0.54 percent, at 5,318.14.

Seven of the 11 major S&P 500 indexes were higher, with energy rising 1.4 percent. Exxon Mobil was up 0.6 percent and Chevron 0.9 percent.

Chesapeake Energy rose 5.8 percent and was the biggest gainer on the S&P.

High-dividend paying sectors telecom services, consumer staples and utilities were the worst hit.

Twitter rose 4.4 percent after the Wall Street Journal reported that the micro-blogging website is expected to field bids this week.

Advancing issues outnumbered decliners on the NYSE by 1,899 to 922. On the Nasdaq, 1,901 issues rose and 702 fell.

The S&P 500 index showed 15 new 52-week highs and four new lows, while the Nasdaq recorded 64 new highs and 15 new lows.

Sterling steadies after fall below $1.27

An employee is seen walking over a mosaic of pound sterling symbols set in the floor of the front hall of the Bank of England in London, in this March 25, 2008 file photograph. REUTERS/Luke Macgregor/filesLONDON (Reuters) – Britain’s pound steadied on Wednesday after growing fears of a ‘hard’ Brexit from the European Union briefly drove it below $1.27 for the first time since 1985.

After hitting a 5-year trough against a broadly stronger euro in early trade in London, sterling recovered ground, helped by Prime Minister Theresa May’s raising doubts over the side effects of ultra-low interest rates and money-printing.

The currency has been buffeted for a fortnight by worries that Britain will prioritise curbing immigration over promoting trade in its divorce from the bloc, perceived as posing further risks to growth and encouraging more stimulus from the Bank of England.

But May added to signs of a shift in thinking by policymakers globally away from monetary stimulus and in favour of governments doing more. That could instead push yields on sterling-denominated government bonds higher.

“We have seen some movements with the different comments today,” said Craig Erlam, a market analyst with Oanda in London.

“May’s comments had an effect but the pound is mainly just correcting a bit after the moves of the past few days.”

Sterling hit a 31-year low of $1.2686 early on Wednesday before recovering to $1.2758, 0.2 percent higher on the day. It fell as much as 0.5 percent to 88.43 pence per euro before also clawing its way back into positive territory.

The broad takeaway for markets from this week’s conference of May’s ruling Conservative Party has been its intention of prioritising the question of immigration. The pound has fallen past long-term lows set in early July in response.

Investors worry a ‘hard’ Brexit will gum up labour markets, weaken foreign investment and encourage banks and other global companies to cut back on jobs and operations in Britain.

A report on Tuesday commissioned by consultancy firm Oliver Wyman said Britain’s financial industry could lose up to 38 billion pounds ($48.3 billion) in revenue if the deal leaves it with restricted access to the EU single market.

“Sterling can fall further given the UK’s balance of payments vulnerability and likely future constitutional uncertainty,” said Roger Hallam, Currencies Chief Investment Officer with JP Morgan Asset Management in London.

“The pound is relatively cheap against most currencies when viewed from a historical standpoint. We believe this discount is well warranted and will likely extend further given the additional risk premium international investors will require to invest in the UK and sterling denominated assets.”

Better-than-expected readings of sentiment among construction and manufacturing purchasing managers this week have done little to brighten the mood. Services numbers were also better than forecast but not initially enough to pull it higher on the day.

Before May’s speech, Deputy Governor Ben Broadbent told a Wall Street Journal event that the Bank of England could raise interest rates if sterling fell sharply enough, but said that so far its moves have been orderly.

“Sterling has finally and belatedly responded to the heightened and prolonged Brexit uncertainty, notwithstanding a resilient UK economy and prospects of significant UK fiscal stimulus,” said Greg Gibbs, director of independent research house Amplifying Global FX Capital.

“The outlook remains negative, but it is risky to jump on the selling bandwagon.”

The benefits and price of L Theanine Vs Suntheanine

There are various natural components in the body which regulate the health of body and mind and thereby keep a person healthy and fit. This happens only when these components are produced in enough quantities and it is when these are produced in a low quantity that one needs to worry about it as it will then bring about many health disorders. But thankfully, you get many health supplements to negate such loss. Two such supplements are L Theanine and Suntheanine.

Image result for The benefits and price of L Theanine Vs Suntheanine

Knowing L Theanine and Suntheanine

Actually our body contains an amino acid and L Theanine is that amino acid which is also available in the proprietary form of supplements which are made from green tea leaves which contain the amino acid. It can cross blood-brain barrier and thus help alleviate anxiety symptoms.

Suntheanine is a proprietary form derived from L-Theanine and is manufactured synthetically.

Benefits of L Theanine

Today, there are many who consume green tea as it is proved to have beneficial effects on health. It is also known that green tea has been consumed by people even years and centuries ago. So, L Theanine supplements which are derived from green tea leaves extracts can bring about the same benefits as green tea.

L Theanine is a anxiolytic compound which means it is able to activate neurochemicals and thereby regulating the responses of nervous system. It can stimulate the GABA levels, which is responsible for transmitting stress messages and enhancing metabolism. L Theanine can also bring about the breakdown of dopamine which allows increase in the levels of serotonin which in turn is responsible for reducing stress. Thus L Theanine can bring about relaxation, calm muscles, and bring about a sense of peace. It can also help in stimulation of pleasure centers in the body.

Looking at the effects of L Theanine vs Suntheanine

Since both the compounds are related, the obvious question is if there is any difference in efficacy and as to which compound is more beneficial. When it comes to their working manner, both L Theanine and Suntheanine work similarly and that is they enhance the GAMA levels and stimulate alpha brain waves.  Both the supplements can bring about decrease in stress levels, and anxiety disorders and also enhance relaxation. Thus, there aren’t any noticeable differences in the benefits of L Theanine and Suntheanine. The difference may be in the dosage required, the price and so on.

When it comes to the price factor, Suntheanine is more expensive than L Theanine. That is because Suntheanine is manufactured as a brand while L Theanine is more renowned as a plant extract and a natural ingredient. Since both the products have similar properties and benefits, you can buy what suits your budget. Yet, it is important to note that though L Theanine is cheaper than Suntheanine, it is necessary that you buy only original L Theanine supplements.  The benefit of buying Suntheanine at a bigger price that since it is a branded product, it is authentic and original.  If you buy L Theanine from authentic stores, be it, offline or online, you can derive the same benefits as Suntheanine but at a relative lower price.

Vietnamese rally outside Taiwanese steel plant that spread toxic waste

Image result for Vietnamese rally outside Taiwanese steel plant that spread toxic wasteHANOI (Reuters) – Thousands of Vietnamese protested on Sunday at a steel plant run by a unit of Taiwan’s Formosa Plastics to demand the unit leave the country and compensate more people after one of the country’s biggest environmental disasters, witnesses said.

Protesters in Ha Tinh province vented their anger at Formosa Ha Tinh Steel, which has offered $500 million in damages and admitted that its $10.6 billion steel plant was responsible for massive fish deaths along a 200-km (124-mile) stretch of coastline in April.

The protest started early Sunday and finished around noon, with police in helmets and shields deployed to guard the compound. The police left as the number of protesters, estimated at about 10,000 people, outnumbered them, protestor Tran Viet Hoa said by phone.

Images posted by demonstrators on social media matched the description. There were no injuries or arrests reported.

Some demonstrators climbed a front gate reinforced from inside by fire trucks and other vehicles, but they were not able to get in, Hoa said. Others entered from a back gate and smashed some windows and cameras.

Formosa in Taiwan could not be reached for comment and an official responsible for external relations at its Ha Tinh unit said he was not aware of the situation and would respond later.

Police and the provincial authority, the Ha Tinh’s People Committee, could not be reached for comments.

The Vietnamese government has offered favourable conditions to attract foreign investment, with companies such as Samsung Electronics and Intel key drivers of the economy and sources of jobs.

Formosa is one of its biggest investors and protests against the firm took place in Vietnam’s biggest cities over several weekends since April. In some cases, police used excessive force to thwart them, rights groups say.

Another witness said people were angry because they encountered resistance from police while trying to peacefully assemble.

“People were irritated because they just want to meet Formosa directly and negotiate,” said the witness, who declined to be named.

Demonstrators were demanding Formosa close the steel plant and give more compensation and do a better environmental cleanup. They wanted the government to stop an alternative plan of discharging the waste into a local river instead of into the sea for better monitoring, the witness said.

Taiwan’s Foreign Ministry in a statement said its representatives in Vietnam had contacted the steel plant, which police had shut down temporarily.

“The representative office has asked Vietnamese authorities to send more police to protect the plant, its employees, and the lives and property of all Taiwanese businessmen in Ha Tinh province,” it said.

Tata Motors to hike prices of passenger vehicles

Image result for Tata Motors to hike prices of passenger vehiclesNew Delhi, Oct 2 (IANS) Automobile major Tata Motors plans to raise prices of its passenger vehicles during the ongoing festive season to offset increasing input cost, the company said.

“We will hike prices of our vehicles. Currently we are working out the details,” Tata Motors President (Passenger Vehicles Business Unit) Mayank Pareek told reporters here on Saturday, following release of monthly sales figures by auto manufacturers.

“Input costs have increased and some of the industry players have already undertaken price hikes. Moreover, we have also not corrected our prices for a long time,” he added.

To a question on a timeline for effecting the price increase, he said: “It could be during the festive season.”

Passenger cars, utility vehicles and two-heeler manufacturers reported positive sales growth for last month.

Tata Motors sells a range of passenger vehicles, including the small car Nano, the newly launched hatchback Tiago and crossover vehicle Aria, at a price range of Rs 2.15 lakh to Rs 16.3 lakh (ex-showroom Delhi).

Tata Motors passenger and commercial vehicle sales, including exports in September, increased by eight per cent to 48,648 vehicles from 45,215 vehicles sold in the like month of 2015.

The company’s domestic sales of Tata commercial and passenger vehicles for the month under review rose by five per cent to 42,961 units. Exports during September zoomed by 29 per cent to 5,687 units.