Mumbai: The tractor industry volume is likely to de-grow 5-7 percent in the current fiscal on weak growth in rural income, moderation in rural infrastructure spending and higher channel inventory, says a report. Tractor sales in the last fiscal stood at an all-time high of 8.78 lakh units, rating agency Crisil said in a report Tuesday, adding the high base effect will also contribute to the decline. However, despite lower volume, resilient margins of 14-16 percent and strong balance sheets are expected to keep credit profile of the manufacturers stable, it said. Also Read – Thermal coal import may surpass 200 MT this fiscalAlso, long-term growth potential remains healthy given lower penetration of 1.5 hp per hectare, compared with an average 6-7 hp in the developed economies and 3-4 hp in the emerging economies. This should give hope to domestic tracker makers, though an immediate revival in tractor sales remains contingent on an improvement in purchasing power in rural markets, it added. “We believe weak growth in rural income, moderation in rural infrastructure spending, higher channel inventory, and the high base effect will lead to de-growth in tractor sales volume by 5-7 percent this fiscal,” Crisil said. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostNoting that the industry is cyclical and heavily dependent on rural incomes and monsoons, it said the rural income was impacted towards the second half of last fiscal because flat crop production after two years of 5-6 percent growth, and farm profitability declined due to weak pricing. Consequently, rural wage growth was lower at 3-4 percent compared to an average 6 percent in the preceding two years, it said adding lower growth in spending on rural infrastructure has also impacted non-farm tractor demand in recent months. Additionally, exports, which contribute 10-11 percent of sales, also declined 28 percent in the first quarter due to moderation in demand from Latin America. But in the second half, demand should be supported by a sharply improved progress of the Southwest monsoons in the past few weeks, which has brought down the deficiency from 19 percent as of July 24 to a surplus of 1 percent as of August 28. “The likelihood of normal monsoons has increased with the rains catching up in the last few weeks. This augurs well for farm income and tractor demand. Additionally, the recent budget announcements for agriculture and allied activities, the loan waivers in some states and the hike in minimum support prices for kharif crops, along with rural development initiatives are likely to push sales,” it said. Despite lower overall volume, the operating margins of tractor makers should be resilient at 14-16 percent, supported by easing commodity prices. The prices of steel and pig iron, which account for 90 percent of the raw material costs, have corrected about 7- 10 percent between April and July. This should help mitigate the impact of discounts being offered by tractor makers to push sales, Crisil said.
KUSI Newsroom KUSI Newsroom, San Diego DA clears police in custody death of Earl McNeil 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) – National City police and sheriff’s deputies will not face criminal charges in connection with the death of a drug-impaired mentally ill man following his combative arrest in the South Bay city last spring, District Attorney Summer Stephan announced Friday.Earl McNeil, 40, was high on methamphetamine and had been fighting with officers when he stopped breathing and suffered heart failure, Stephan told reporters. McNeil died in a hospital 16 days later due to brain damage from lack of oxygen, she said.According to the medical examiner’s office, a high level of methamphetamine in McNeil’s system could have been enough to cause his death. McNeil was agitated for two hours starting when he first came into contact with National City police officers in front of their headquarters, and that could have led to heart and respiratory failure, Stephan said.Stephan played a 55-minute compilation video of the events following McNeil’s arrest, including paramedics trying to revive him as they prepared to take him in for medical and psychological evaluation.Before playing the video for reporters, Stephan informed McNeil’s family that officers and deputies would not be facing criminal charges in connection with his death. She said they were respectful of her decision, calling them “extremely wonderful people.”McNeil’s death prompted a series of protests and arrests at city council meetings in National City in recent months.The events that led to the one-time gang member’s death began shortly before 5:30 a.m. May 26, when McNeil called the National City Police Department’s emergency-communications center from a telephone near the entrance to NCPD headquarters.“During his conversation with the dispatcher, McNeil requested to speak with an officer and made paranoid, threatening and irrational statements,” according to a statement from the agency. “When officers arrived to speak with McNeil, he was very agitated (and) paranoid and said he was in possession of a controlled substance.”In order to “de-escalate the situation,” officers handcuffed McNeil, the memo states. At that point, he allegedly began resisting and spitting at the personnel, prompting them to put him in maximum restraints and take him to San Diego Central Jail.“During the intake process with county jail staff, McNeil exhibited signs of medical distress, and NCPD officers called for paramedics,” according to police. “Paramedics responded and treated McNeil at the jail. McNeil was transported by paramedics to UCSD Medical Center for additional treatment.”McNeil died in the hospital on June 11.Stephan said McNeil was an informant for the District Attorney’s Office in the 2003 murders of two women and the wounding of a 7-year-old boy in the Dr. J’s liquor store shooting. McNeil — who had a substantial criminal record — was a witness in the case and the only benefit he received was relocation money for his family to move out of San Diego due to safety concerns, the county’s top prosecutor said.Warning: The video contains content and strong language that viewers may find disturbing. September 21, 2018 Posted: September 21, 2018 Updated: 5:12 PM Categories: Local San Diego News FacebookTwitter
National Journal has announced several new additions to it leadership team. These hires come as the brand looks to beef up its political coverage. Stephanie Craig joins the brand as executive director of marketing and communications. A veteran of Capitol Hill, Parliament Hill in Ottawa, the campaign trail and the Washington trade association world, Craig brings a unique perspective and experience in communications and marketing in Washington. Angela Salazar has been named senior editor at InStyle. She had been deputy style editor at The San Francisco Chronicle. Additionally, Johnson Publishing Company has named Chan C. Smith its multimedia producer. She had been content creator at Chan C. Smith Media. Jenny Jin has been named editor at PureWow. She had been associate beauty editor at Real Simple. IBT Media announced that Arbell Noach has joined the marketing team as VP, director of social media. Noach joins IBT Media from Doremus where she was the engagement lead focusing on content, social media and influencer and experiential marketing. Joining Craig on the marketing and communications team is Shannan Bowen as director of audience strategy. Bowen returned to Atlantic Media earlier this fall from The Hill, where she served as Director of Audience Engagement, where she guided the development of a new mobile site and managed an audience development strategy that set records for the publication’s mobile traffic and Facebook engagement. Danielle Whelton joins National Journal as the senior director of membership services, overseeing the team serving the brand’s more than 1000 member organizations with custom research and strategy services. Prior to leaving journalism, Whelton spent five years as senior executive producer of CNN’s White House Unit. LaToya Cross has been named social media manager, Jet, and digital editor at Johnson Publishing Company. She had been associate editor at N’Digo Magapaper. Here are the rest of this week’s people on the move:
Now playing: Watch this: Wireless charging 36 Photos How To • Huawei P30 phone announcement: How to watch, what to expect Related coverage 12GB Mobile software 4 rear cameras Connector Galaxy Fold vs. Huawei Mate X: CNET editors react RAM 512GB Kirin 980 processor No Mobile World Congress 2019 See All Price off-contract (USD) 9:54 Two 10-megapixel, 8-megapixel 3D depth 3:30 6.6-inch (2,480×1,148 pixels); 6.38-inch (2,480×892); 8-inch OLED (2,480×2,200) 2:13 Jun 1 • The Nubia Alpha looks like either a house arrest bracelet or Batman’s phone Foldable display, wireless charging, fast charging See it TCL’s DragonHinge lets phones bend and fold 4G or 5G The Huawei Mate X will come in one configuration: 5G. In fact, Huawei boasts that it’s the fastest foldable phone there is (a claim we can only check when 5G is going strong). Samsung, on the other hand, will have 4G and 5G configurations, so you’re not tied to 5G if you’re not interested in paying the extra for 5G access.Price and sale dateAffordable foldable phones aren’t here yet, but companies like TCL are working on it, and Motorola is rumored to sell a $1,500 foldable Motorola Razr. You’ll have to earmark at least $2,000 if you’re going to get either the Galaxy Fold or Huawei’s Mate X. But hold on. Let’s say you have the extra dough to spend. When do you get each phone, and will they sell where you live? Review • Huawei P30 review: The P30 Pro’s fantastic photos for less USB-C Storage Galaxy Fold: First impressions of Samsung’s foldable… The specs (that we know about) reading • Galaxy Fold vs. Mate X: Battle of the foldable phones Now playing: Watch this: Huawei Mate X Galaxy Fold: $1,980, on sale April 26 in select markets, including the US. That converts to about £1,500 or AU$2,800.Huawei Mate X: 2,300 euros, sale date starting in select markets around June or July. Huawei says it isn’t announcing sale markets until 5G networks start taking off. Because of tensions with the US government, it’s doubtful that the Mate X will sell in the US. However the price converts roughly to $2,600, £2,000 or AU$3,660.Read: Mate X foldable phone is $$$, but Huawei hints at cheaper future foldable phones Display size, resolution But what about the screen durability? Glass isn’t at a point where it can bend enough to fold (but glassmakers are working on that), so polymer it is. That’s not a screen material you think of as being worth $2,000 or more, but there you have it. The bottom line is that with version one of foldable phones, it seems likely there will always be trade-off of one sort or another. We’ll have to see both phones side by side to see which one gets more in the way.Read: I used the Huawei Mate X and now I’m a foldable phone believerThe camerasSamsung gives its Galaxy Fold a total of six cameras: three on the back, two on the front and one on the cover. Is this confusing or helpful? How easy is it to remember which camera to use for which type of photo you want to take? And how do quality and convenience compare to the Huawei Mate X’s four cameras? It looks like there are three, but Huawei consumer CEO Richard Yu confirmed there are four — one that the company will turn on in March when it launched the Huawei P30 series of phones. $1,980, converts to £1,500 or AU$2,800 Android 9.0 with Samsung One UI 4:39 Best laptops for college students: We’ve got an affordable laptop for every student. Best live TV streaming services: Ditch your cable company but keep the live channels and DVR. 4.6-inch Super AMOLED; 7.3-inch QXGA+ Dynamic AMOLED Share your voice Front-facing camera Galaxy Fold screens: 4.6-inch exterior7.3-inch interior screenHuawei Mate X ‘screens’:8-inch OLED displayIn “closed” position, front screen is 6.6 inchesIn “closed” position, rear screen is 6.38 inchesLit-up screen switches as you turn the phone At least one N/A Jul 9 • Killer cameras and battery life might meet their match in the Note 10 Galaxy Fold vs. Mate X The fold, the screensDoes your phone fold in or out? Samsung’s Galaxy Fold takes the form of a book, with its largest screen on the inside, protected by the outer “cover.” Except in this case, one of the “covers” has a screen on it. Huawei takes the opposite approach, with the screen hugging the frame. The advantage here is that you have one screen that can act like three, depending on how you hold the phone. Octa-core Qualcomm Snapdragon 855 512GB 8GB Comments Can Motorola’s Razr top Galaxy Fold by going smaller? Expandable storage No N/A 60 Photos Notch versus ‘wing’The Galaxy Fold has a fairly wide eyebrow notch on its 7.3-inch screen. This blacked-out area houses two camera lenses and sensors. The Mate X’s 8-inch display is notch-free, but it does have a strip on the back where the cameras line up, and a curved “wing” that serves as a handhold. I got a chance to open and close the Mate X, and I think this wing is a clever design workaround that makes sense. It seemed to mostly work as a grip, though it isn’t a comfy handle, but it does help stabilize the device when it’s opened up in tablet form, making it easier to hold without cropping the sides. 2,299 euros, converts to $2,600, £2,000 or AU$3,660 29 Power button Power button Processor Samsung Galaxy Fold Now playing: Watch this: News • Huawei P30 Pro in a gorgeous orange finish leaks Mentioned Above Huawei P30 (128GB, black) • Time for a state of the union on foldable phones. There are currently two top brand contenders, Samsung’s Galaxy Fold and Huawei’s Mate X. Both have plastic (polymer) screens that fold in half down the middle, premium specs and a sky-high price to match. They may both fold, but the similarities end there. For example, the Fold will sell on April 26 for $1,980 (with a 5G version incoming later this year). Preorders begin April 15. Meanwhile, the Mate X set its price higher, at 2,300 euros (roughly $2,600). It’ll come in a 5G model only and will start selling this summer. The Galaxy Fold also has one small screen on the outside and a large screen on the inside, while the Mate X uses one screen on the outside in three different ways. It shapeshifts depending on how you hold the device. Samsung’s phone comes with six cameras. While I’ve never seen the Galaxy Fold in the flesh (this was the closest I got to it), a new YouTube video claiming to show off the Fold appeared online.Commentary: Rushing foldable phones doesn’t work. Just ask Samsung and Huawei Foldable display, fast charging CNET may get a commission from retail offers. Jun 29 • Galaxy S10 5G, OnePlus 7 Pro LG V50 ThinQ 5G: Why you shouldn’t rush to buy a 5G phone 2:43 Huawei Motorola Samsung Published: Feb. 24 at 12:05 p.m. PTLate update, March 20 at 10:27 a.m. PT: Added new links. 4,500 mAh Now playing: Watch this: 16-megapixel (ultra wide-angle), 12-megapixel (wide-angle), 12-megapixel (telephoto) Galaxy Fold: Samsung reveals more about its foldable… Fingerprint sensor Mobile World Congress 2019 $534 Galaxy Fold vs. Huawei Mate X: Battle of the foldable phones Every foldable phone coming your way Foldable phones are so tantalizingly close Galaxy Fold is the most exciting phone in years Using the Mate X made me a foldable phone believer Battery Camera Huawei Mate X is a foldable phone with 5G May 13 • Galaxy S10E vs. iPhone XR: Every spec compared 4,380 mAh 20 Photos Close up with the Galaxy Fold screen, notch and hinge The Mate X, which I briefly tried out, has four cameras (three you can see now and one that’ll launch in March) and 5G across the board. And where the Galaxy Fold’s hinge won’t lay completely flat, Huawei boasts about the sophistication of its patented hinge.We’re still learning more about both phones. But here’s what we know about both foldable phones so far, and how they both plan to take control of our brave new foldable world. Mate X foldable phone: Here’s what it’s really like to use Tags Huawei P30 Now playing: Watch this: Foldable Phones Tablets Phones