India signs bullet train deal with Japan

first_imgIndia has signed an agreement with Japan for the development of its high-speed rail network. The deal was formalised during Japanese Prime Minister Shinzo Abe’s three-day state visit to India which also yielded deeper defense ties and a plan for civil nuclear cooperation.Under the terms of the agreement, Japan will support the development of India’s first high-speed rail link, which will connect Mumbai with Ahmedabad. The deal formed part of a US$12 billion rail support package for India, which takes the form of a low-interest loan.“I cannot think of a strategic partnership that can exercise a more profound influence on shaping the course of Asia and our interlinked ocean regions more than ours. This enterprise will launch a revolution in Indian railways and speed up India’s journey into the future”, said Prime Minister Narendra Modi. The deployment of Japanese bullet train technology on the 505km Mumbai-Ahmedabad line is expected to slash the eight-hour rail journey down to just three hours.last_img read more

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Freddie Mac 83 of Q3 Refinancers Maintain or Cut Debt

first_img Share in Data, Origination, Secondary Market November 7, 2012 427 Views Agents & Brokers Attorneys & Title Companies Freddie Mac HARP Investors Lenders & Servicers Mortgage Debt Refinance Service Providers 2012-11-07 Tory Barringercenter_img The vast majority of homeowners who refinanced in Q3 2012 either maintained or slashed their loan debt, according to a release from “”Freddie Mac””:http://www.freddiemac.com/.[IMAGE]In the year’s third quarter, 83 percent of homeowners who refinanced their first-lien home mortgage either kept the same loan amount or lowered their principal balance by paying-in additional money at the closing table, the GSE revealed. That percentage fell just short of the record 85 percent recorded during Q4 2011.Of those borrowers, 54 percent maintained about the same loan amount, while 29 percent reduced their principal balance.[COLUMN_BREAK]””On average, borrowers who refinanced reduced their interest rate by about 1.7 percentage points,”” said Frank Nothaft, VP and chief economist at Freddie Mac. “”On a $200,000 loan, that translates into saving about $3,500 in interest during the next 12 months.””Refinances done under the Home Affordable Refinance Program (HARP) had an average interest rate deduction of 2 percentage points.Interest rates on fixed-rate mortgages hit new lows during September, he added, with 30-year product averaging 3.5 percent and 15-year averaging 2.8 percent during the month. In addition, according to Freddie Mac’s “”Primary Mortgage Market Survey””:http://www.freddiemac.com/pmms/, 82 percent of loan applications during the third quarter were for refinance, matching the record share of the fourth quarter of 2010. In response, Nothaft said Freddie Mac is boosting its origination projection for the second half of the year to account for additional refinance activity.Among the refinanced loans analyzed by the GSE, the median depreciation of the collateral property was 10 percent over the median prior-loan life of 4.8 years. For loans refinanced under HARP the median depreciation in property value was about 31 percent, and the prior loan had a median life of about 5.6 years. Approximately $7.7 billion in net home equity was cashed out during the refinance of conventional prime-credit home mortgages, up from $5.9 billion in the third quarter. However, cash-out volume remained low compared to the $84 billion beak in Q2 2006. Freddie Mac: 83% of Q3 Refinancers Maintain or Cut Debtlast_img read more

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Georgia MLS First to Adopt LPS reInsight System

first_img in Data, Government, Origination, Secondary Market, Servicing, Technology “”Lender Processing Services (LPS),””:http://www.lpsvcs.com/Pages/default.aspx a Jacksonville, Florida-based provider of data, analytics, and technology for the real estate industry, recently introduced reInsight MLS, and “”Georgia Multiple Listing Service (GAMLS)””:http://www.georgiamls.com/ became the first to launch the new offering. [IMAGE]””Extending the LPS-GAMLS partnership has created a new MLS system that is scalable and configurable to meet the needs of both casual and more sophisticated users,”” said Rich Lull, managing director for LPS MLS Solutions. [COLUMN_BREAK]reInsight integrates a map-centric interface that allows users to customize the system and a graphic interface that allows users to see more in one view into the existing MLS database. Also, a Comparative Market Analysis incorporates public records to provide further insight into local markets. “”On GAMLS’ 50th anniversary, we’re happy to be able to present our current and future members a significant improvement in the way they serve their clients using the MLS system,”” said Richard Boone, CEO of GAMLS.””We have been partners with LPS for more than 15 years, and we are excited to work with them to launch this unique, next-generation MLS system at a time when members and their clients can use an extra competitive advantage in the marketplace,”” Boone added. With more than 25,000 members, about 55,000 active listings, and more than 1 million inactive listings, GAMLS is the fifth-largest MLS database. “”We commend Georgia MLS for its vision, and we are pleased to deliver an MLS system that not only changes the way users do business, but provides a foundation for future innovation,”” Lull said. November 13, 2012 469 Views Agents & Brokers Attorneys & Title Companies Company News Investors Lender Processing Services Lenders & Servicers Processing Service Providers 2012-11-13 Krista Franks Brockcenter_img Share Georgia MLS First to Adopt LPS reInsight Systemlast_img read more

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FirstTime Continuing Jobless Claims Continue to Drop

first_imgUnemployment,First-Time, Continuing Jobless Claims Continue to Drop Agents & Brokers Attorneys & Title Companies Bureau of Labor Statistics Investors Jobs Lenders & Servicers Mark Lieberman Payrolls Processing Service Providers Unemployment 2013-03-14 Mark Lieberman First-time claims for unemployment insurance fell 10,000 to 332,000 for the week ending March 9, the “”Labor Department””:http://www.ows.doleta.gov/press/2013/031413.asp reported Thursday. Economists expected 350,000 initial unemployment claims. The drop in filings–the third in the last four weeks–resumed a downward trend in layoffs. [IMAGE]The report on claims for the week ended March was revised to 342,000 from the originally reported 340,000.Meanwhile, the number of continuing claims (reported on a one week lag) fell 89,000 to 3,024,000, the lowest level since June 2008. Continuing claims for the week ending February 23 were revised up to 3,113,000 from the originally reported 3,094,000.The four-week moving average of first-time claims fell 2,750 to 346,750, a five-year low. The moving average, which smooths the volatility in the weekly report, has fallen for three straight weeks.The four-week moving average of continuing claims also fell, dropping 28,250 to 3,098,250, the lowest level since July 2008.The continuing claims data series tracks the number of longer term unemployed who qualify for regular state jobless benefits and often shows large movements, depending on first-time claims 26 weeks earlier and legislative changes to state unemployment programs. It is subject to wider revisions than the number of first-time claimants.The steady decline of initial unemployment claims (in seven of the first 10 weeks this year) signals sustainable improvement in labor markets, but those improvements could be reversed quickly as the impact of budget sequestration cuts extends to government contractors. The improvement this year marks a reversal from the beginning of 2012, when first-time claims rose in six of the first 10 weeks of the year.The report on initial claims to be released next week will cover the same week used by the Bureau of Labor Statistics (BLS) for its monthly Employment Situation report. That report will be released next on April 5.Initial claims fell in three of the first seven weeks of 2012, dropping an average of 15,000. In the four weeks in which claims rose, the average increase was a little over 8,000. This year, claims have fallen in four of the first seven weeks (with an average drop of 18,500), but the average increase in the other three weeks was 23,000, suggesting employers may have done even more short-term hiring for the holiday season.The total number of people claiming benefits in all programs for the week ending February 23 was 5,619,860, an increase of 217,967 from the previous week. There were 7,424,041 persons claiming benefits in all programs in the comparable week in 2012. Extended Benefits were available only in Alaska during the week ending February 23.According to the BLS, 12,032,000 persons were officially considered unemployed in January, which means that of those individuals counted as unemployed, 6.63 million were not receiving any form of government unemployment insurance, up from 6.27 million one week earlier.The Labor Department said states reported 1,917,158 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending February 23, a decrease of 136,532 from the prior week. There were 2,875,795 persons claiming EUC in the comparable week in 2012.States continue to borrow from the federal government to cover shortfalls in those funds which will eventually have to be repaid–unless Congress intervenes–with higher assessments on employers. Since those assessments are a percentage of payrolls, they discourage employers from adding new workers. As of March 12, 23 states had borrowed a total of $29.3 billion. One week earlier, 23 states had an aggregate $28.5 billion in outstanding loans to cover shortfalls. Five states–California, Indiana, New Jersey, New York, North Carolina and Ohio–owe more than $1 billion, which may require higher unemployment premiums or special assessments on employers in those states._Hear Mark Lieberman Friday on P.O.T.U.S. radio, Sirius-XM 124, at 6:40 a.m. and again at 9:40 a.m. EST._ in Data, Government, Secondary Market, Servicingcenter_img March 14, 2013 403 Views Sharelast_img read more

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FirstTime Jobless Claims Spike to 4Month High

first_img in Data, Government, Origination, Secondary Market, Servicing Agents & Brokers Attorneys & Title Companies Bureau of Labor Statistics Investors Jobs Labor Department Lenders & Servicers Mark Lieberman Payrolls Processing Service Providers Unemployment 2013-04-04 Mark Lieberman First-time claims for unemployment insurance jumped an unexpected 28,000 to 385,000–the highest level since November–for the week ending March 30, the “”Labor Department””:http://www.ows.doleta.gov/press/2013/040413.asp reported Thursday. Economists expected claims to rise to 350,000. Initial jobless claims for the week ending March 23 were unchanged at 357,000.[IMAGE]The week-over-week increase in first-time claims was the strongest since mid-February, when filings rose 41,000. The weekly increase resulted from a sharp drop in seasonal adjustment factors that the Labor Department uses to account for known, recurring events that affect data.The number of continuing claims for the week ending March 23 (reported on a one-week lag) fell 8,000 to 3,063,000. Continuing claims for the week ending March 16 were revised up to 3,071,000 from the originally reported 3,050,000.While a setback for an otherwise improving labor picture, the claims for the week covered by this report will not be a factor in the monthly Bureau of Labor Statistics (BLS) Employment Situation release for March, scheduled for release Friday. That release will be based based on employment statistics for the week including the 12th calendar day of the month. From mid-February through mid-March, first-time unemployment insurance claims fell 25,000, and the four-week moving average fell 20,750 suggesting layoffs will not be a drag on the employment situation report. On Wednesday, the payroll processing firm ADP reported private sector employers added 158,000 jobs in March, down sharply from 237,000 jobs added in February and from economist forecasts of 205,000 new private sector jobs. The consensus forecast for the BLS report is an increase of 193,000 jobs in March compared with an initial report of 236,000 new payroll jobs in February, with the unemployment rate unchanged at 7.7 percent.The four-week moving average of first-time claims increased 11,250 to 354,250. The moving average, which smooths the volatility in the weekly report, has increased for two straight weeks. Initial claims have increased for three straight weeks for the first time this year.The four-week moving average of continuing claims fell, dropping 10,500 to 3,067,250, the lowest level since June 2008.The continuing claims data series tracks the number of longer-term unemployed who qualify for regular state [COLUMN_BREAK]jobless benefits and often shows large movements, depending on first-time claims 26 weeks earlier and legislative changes to state unemployment programs. It is subject to wider revisions than the number of first-time claimants.The increase in first-time claims reverses what had been a favorable trend. Initial unemployment claims have fallen for seven of the first 12 weeks of the year, averaging just a shade over 350,000–the number most economists see as the tipping point between a strengthening and weakening jobs market. That claims reversed trajectory, coupled with the disappointing ADP report, suggests the job market has a steep hill to climb.The unemployment rate, always a key measure of economic health, has taken on added significant since the Federal Open Market Committee said it├â┬ó├óÔÇÜ┬¼├óÔÇ×┬ós looking for a sustained unemployment rate of 6.5 percent or lower before changing interest rates or ending its other actions to stimulate the economy.The total number of people claiming benefits in all programs for the week ending March 16 was 5,288,614, a decrease of 167,165 from the previous week. There were 7,050,710 persons claiming benefits in all programs in the comparable week in 2012. Extended Benefits were available only in Alaska during the week ending March 16.According to the BLS, 12,032,000 persons were officially considered unemployed in February, which means that of those individuals counted as unemployed, 6.74 million were not receiving any form of government unemployment insurance, up from 6.58 million one week earlier.The Labor Department said states reported 1,799,625 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending March 16, a decrease of 106,699 from the prior week. There were 2,815,108 persons claiming EUC in the comparable week in 2012.States continue to borrow from the federal government to cover shortfalls in those funds which will eventually have to be repaid–unless Congress intervenes–with higher assessments on employers. Since those assessments are a percentage of payrolls, they discourage employers from adding new workers. As of March 19, 23 states had borrowed a total of $29.0 billion. One week earlier, 23 states had an aggregate $28.7 billion in outstanding loans to cover shortfalls. Five states–California, Indiana, New Jersey, New York, North Carolina and Ohio–owe more than $1 billion, which may require higher unemployment premiums or special assessments on employers in those states.According to the Labor Department detail, also reported on a one-week lag, the largest increases in initial claims for the week ending March 23 were in California (+8,712), Texas (+2,736), Kansas (+1,611), Arkansas (+1,542), and Pennsylvania (+1,448), while the largest decreases were in Virginia (-1,117), Massachusetts (-804), South Carolina (-602), Puerto Rico (-529), and North Carolina (-503)._Hear Mark Lieberman Friday on P.O.T.U.S. radio, Sirius-XM 124, at 8:45 a.m. and again at 11:45 a.m. Eastern._ Unemployment,First-Time Jobless Claims Spike to 4-Month Highcenter_img April 4, 2013 440 Views Sharelast_img read more

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Home Prices and the Middle Class

first_img For the majority of homes, buying is cheaper than renting. But as home prices rise faster than incomes and mortgage rates slowly head upwards, the question of national affordability becomes ever more germane.Compared to the longer-term past, homeownership still looks relatively affordable as home prices remain undervalued and mortgage rates remain near historic lows. However, affordability for the middle class in some areas of the nation is becoming problematic.In a blog post, Trulia chief economist Jed Kolko notes that certain discrepancies do arise, specifically along the coasts, for middle-class homeownership.Kolko explains his methodology of defining what counts as “middle class” and what counts as affordable before breaking down nationwide trends: Affordability is based on whether a home’s monthly payment, which includes mortgage, insurance, and property taxes, was less than 31 percent of the surrounding metro’s median household income. The designation “middle class” is fluid, dependent upon each metro’s local median household income.Kolko found that the middle class is getting priced out of California but finds more success in the Midwest. In fact, in 80 of the 100 largest U.S. metros, most of the homes for sale are within reach of the middle class.In the most affordable housing markets, more than 80 percent of homes are within reach. Akron, Ohio, tops the list at 86 percent of homes affordable for the middle class. “The 10 most affordable markets include eight in (or near) the Midwest, plus the southern markets of Columbia, South Carolina, and Little Rock, Arkansas. Five of the top 10 are in Ohio,” Kolko writes.Indeed, the top three metros for affordability include Akron, Toledo, and Dayton, Ohio, each sporting percentages above 80 percent of homes as affordable for the middle class in May 2014.Seven of the 10 least affordable markets reside in California. Not surprisingly, the rest of the top ten is rounded out by New York City; Fairfield County, Connecticut; and Honolulu, Hawaii. San Francisco remains on top as the least affordable city in the nation, with only 14 percent of homes for sale in San Francisco affordable to the middle class, despite higher median incomes.Education also plays a factor, affecting income, which in turn directly reflects one’s ability to afford a home.”Household income is strongly correlated with education. Median household income is $33,500 for households headed by someone with a high school degree or less, $49,300 with some college or an associate’s degree, $77,500 with a bachelor’s degree, and $100,000 with a graduate degree,” Kolko commented.He notes that the higher the education of a metro’s population, the more homes will be available for purchase with a median income: “Take the Washington, D.C., metro area as an example: for a high-school-or-less household, just 23% of homes for sale are affordable, compared with 75% for a bachelor’s-degree household and 83% for a graduate-degree household.”Furthermore, the supply of available homes matters, with lower affordability markets experiencing a low supply from a lack of new construction, driving prices upward and out of the range of middle class families.For America’s most expensive markets to come down in price, there would have to be a subsequent drop in demand or an increase in construction. Cities like San Francisco, south Florida, and parts of the Northeast are geographically limited by their availability to construct new homes, and thus, are inherently limited in their ability to construct new homes, according to Kolko.Unfortunately, his conclusions aren’t exactly great news for the middle-class family looking to purchase a home in more expensive markets. “In all, today’s unaffordable markets are likely to stay unaffordable. A collapse in demand is nothing to wish for; geographic constraints are nearly impossible to change; and strong political forces make building regulations difficult to relax,” he writes. Home Prices and the Middle Class Home Prices Housing Affordability Housing Starts Housing Supply Trulia 2014-05-16 Colin Robins Sharecenter_img in Daily Dose, Data, Headlines, News May 16, 2014 443 Views last_img read more

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Rust Belt Mortgages Are Swimming Underwater

first_img Mortgage Payments Rust Belt Zillow’s Negative Equity Report 2016-06-08 Staff Writer in Daily Dose, Data, Headlines, Market Studies, News It seems homeowners in the Rust Belt region, which stretches from New York through Indiana, have the most to worry about when it comes to their mortgage payments–at least according to Zillow’s Negative Equity Report released this morning.The report, which examines the number of underwater mortgages across the country, found that homeowners in the Rust Belt are much more likely to have underwater mortgages and negative equity than any other area of the country.In total, four of the most underwater markets are located in the Rust Belt region. These include Chicago, Detroit, Indianapolis and Cleveland. Other highly underwater U.S. metros include Philadelphia, Atlanta, Phoenix, St. Louis, Baltimore, Orlando, and Las Vegas.Homeowners on the West Coast? They are much less likely to be behind on their mortgages than other U.S. homeowners. In fact, the Bay Area boasts the lowest rates of negative equity among all large American markets. The San Jose and San Francisco metro areas actually have negative equity rates under 5 percent.”When the housing bubble burst, the West Coast had more than its fair share of underwater homeowners,” according to Zillow Chief Economist Dr. Svenja Gudell. “But the strong local economy and job markets have significantly helped these housing markets recover, and several are now more expensive than they were during the housing bubble. Other parts of the country didn’t get those same benefits.”Currently, Chicago has the highest rate of negative equity in the country, replacing Las Vegas, the previously crowned winner. At one point, Chicago has a 41.1-percent rate of negative equity. Though the city’s numbers have improved significantly since then, that improvement is happening at a much slower rate than other areas of the country.“Until market fundamentals improve, homeowners and buyers in these areas will be facing disproportionately higher levels of negative equity as they navigate the housing market,” Gudell said.In total, Zillow’s report found that 12.7 percent of all U.S. homeowners currently have a mortgage in negative equity. That’s down from 31.4 percent in 2012 and 13.1 percent in 2015. June 8, 2016 572 Views center_img Rust Belt Mortgages Are Swimming Underwater Sharelast_img read more

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What Lies Ahead for Mark Calabrias Confirmation

first_img in Daily Dose, Featured, Government, News February 26, 2019 4,070 Views What Lies Ahead for Mark Calabria’s Confirmation? Dr. Mark Calabria’s nomination to head the Federal Housing Finance Agency (FHFA) as Director took a step towards confirmation with the Senate’s Banking Committee approving his nomination by a vote of 13-12. The nomination will be confirmed after a Senate vote that is being set for a later date.Calabria’s nomination was voted on by the Senate Banking Committee along with the nominations for Bimal Patel, to be an Assistant Secretary of the Treasury; Todd M. Harper, to be a Member of the National Credit Union Administration Board; and Rodney Hood, of North Carolina, to be a Member of the National Credit Union Administration Board”If confirmed all these nominees will play integral roles in helping to promote the U.S. trade and facilitate commerce abroad, oversee policy and regulation of the financial system and support our nation’s housing system,” said Sen. Mike Crapo in his remarks before the vote.Calabria was nominated for the post of Director FHFA by the Trump administration in December 2018. Prior to being nominated for this position, he was the Chief Economist to Vice President Mike Pence.“I congratulate Mark Calabria on his nomination as director for the Federal Housing Finance Agency,” said Ed Delgado, President and CEO of The Five Star Institute. “Housing finance policy is approaching a critical juncture and we look forward to working with Dr. Calabria and the team at FHFA towards implementing regulations that preserve and protect homeownership.”Recently, Calabria had told the Senate Banking Committee during a hearing that he was committed to making the FHFA a “World-class regulator.””FHFA is absolutely necessary,” Calabria had said while answering a question on why he wanted to take up this job, despite his past remarks. “In fact, I want to raise the stature of FHFA. I remember how the employees at its predecessor felt and their inability to stand up and be able to do effective financial regulation. I’m committed to seeing turning FHFA into a world-class regulator.”While his prepared remarks didn’t mention the current administration’s goal of the privatization of the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, Calabria addressed these issues during his discussions with the Committee. Calabria said that if he was confirmed as Director of the FHFA his role would be to “carry out the clear intent of Congress, not impose my own vision.”During his nomination hearing, Calabria gave an outline of what his priorities would be if confirmed. Calabria said that a number of critical elements were needed in reform such as a “greater need for competition.” He said the current FHFA mandate was clearly where “the regulator cannot make such changes.” As a result, he said, “The very broad changes that have to happen in the mortgage finance system have to be done by Congress.”Calabria said that if he was confirmed as the FHFA Director his objective would be to ensure the GSEs were, “well capitalized, well managed, and well regulated.”Addressing his views on the affordable housing goals Calabria said that his past concerns with affordable housing goals were in the context of “two large institutions with zero capital.” However, he added, “I do believe we can get to a spot where we can have risk-taking via affordable housing goals if we can have an appropriate regulatory structure that has capital backing those goals. I’m very concerned about any large financial institution where we push it to take an additional risk without the appropriate regulatory structure in place.”Clarifying his comments on getting rid of the GSEs in the past, he said that they were essentially pointed towards getting rid of the model of privatizing gains and socialize losses. “I believe all large financial institutions need to be well capitalized more managed, more regulated, and I believe the GSEs were “none of the above” before the crisis. “I want these entities to be good corporate citizens, I want them to be the model of how other corporation should want to behave.”center_img FHFA Mark Calabria Sen Mike Crapo Senate Banking Committee 2019-02-26 Radhika Ojha Sharelast_img read more

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You might also be interested in

first_img You might also be interested in T&G ships U.S. blueberries to Vietnam for the … U.S. avocado market remains strong following price … October 14 , 2018 U.S.: FPAA pushes for new tomato deal with Mexico, … center_img Chilean kiwifruit exports to Europe tumble, contin … India-based Mahindra Agri Solutions has entered into a joint venture agreement with Japan’s Sumitomo Corporation Group to help Indian farmers increase their farm productivity.Mahindra says the partnership will offer new generation products to effectively manage pest and insect-related challenges faced by farmers.”We are delighted to join hands with Sumitomo Corporation, a leading global player, to offer the latest world-class technology which would help to significantly reduce crop damage,” said Ashok Sharma, CEO of Mahindra Agri Solutions, a subsidiary of Mahindra & Mahindra.“This association will be a win-win for both companies as it will bring Mahindra’s presence across the Agri value-chain and Sumitomo’s global expertise, on the same platform. I am hopeful that by providing world-class crop care solutions, we will further the cause of augmenting farmer prosperity, thereby enabling them to rise.”Meanwhile, Tomoaki Tetsu, general manager of the AgriScience Department at Sumitomo Corporation, a global player in multiple industries including crop care, said that the company is excited about the partnership and the possibilities that it presents. “Seeing the growth momentum of the Indian market, we are confident that this JV will enable Indian farmers to accelerate access to innovative solutions in terms of technology & products which would result in the increase of farmers’ income,” said Tetsu.The current estimated consumption of crop protection products in terms of value is around US$2.5 billion and is expected to grow at 7% annually for the next few years.Mahindra and Sumitomo Corporation will hold 60% and 40% equity respectively in the new company named Mahindra Summit Agriscience Limited.The joint venture will have access to latest global technology for minimizing crop damage and increasing the yield, due to Mahindra’s contribution with strong farmer connect, widespread domestic distribution and agriculture expertise and Sumitomo’s strong ties with large Japanese crop protection innovator companies.Mahindra Agri Solutions is the first Indian company to have a joint venture partner that has deep relationships with large Japanese R&D houses.Currently, India loses nearly 40% of its total production in terms of value to pest attacks and diseases, according to Mahindra.Photo: Shutterstock.comlast_img read more

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November 28 2018

first_imgNovember 28 , 2018 PRESS RELEASEPASADENA, Calif. – Cuties®, America’s original mandarin brand, launched its holiday promotion – Spread the Cheer – encouraging people to share their favorite ways to give back, while also giving them the chance to win one of five, $1,000 shopping sprees to make those wishes come true.Now through December 19, Cuties will support Spread the Cheer with in-store merchandising, an iBotta digital coupon FSIs, partnerships with food influencers, and targeted social media campaigns to increase consumption of Cuties Citrus during peak season.“With a wildly successful ‘Countdown to Cuties’ campaign leading up to Cuties season, we learned that people can’t wait to get their hands on Cuties,” said Kate Reeb, director of marketing for Sun Pacific. “To keep this momentum going, we’re encouraging people to connect with us more personally about the things that motivate and bring them joy over the holiday season – the more we engage and connect with our shoppers, the better we can serve them in-store and online!”https://www.youtube.com/watch?v=m8UJeLDszewCuties is asking fans to share how they #SpreadtheCheer during the holiday season, and here’s what they have to say so far: To learn more about Spread the Cheer, visit www.cutiescitrus.com and follow along on Instagram at @cutiescitrusofficial to see how others are “spreading the cheer” this holiday season!center_img You might also be interested inlast_img read more

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Dbacks president Derrick Hall Franchise still f

first_img D-backs president Derrick Hall: Franchise ‘still focused on Arizona’ Top Stories Kevin Kolb has done none of these things. However, if Cardinals coach Ken Whisenhunt does indeed decide to go with Skelton September 9 when the season opens against the Seahawks, he will essentially be ending Kevin Kolb’s career as an Arizona Cardinal.At least, he should be.Two years ago the Cardinals were in a similar situation, as Coach Whiz decided Matt Leinart was not the guy to lead the team into the future. The decision to go with Derek Anderson was bad, but the fact was once it was made there was no going back to Leinart.The job was supposed to be his, and the second he lost grasp of it there was no way to even fake confidence in him going forward. Should Anderson struggle or get hurt the coach and team would have to profess faith that the former Heisman Trophy winner could do the very job no one thought he could do just months before. It wouldn’t work, which is why the coach decided it would be best to just sever ties with the QB rather than keep him on the roster as the backup.The same would have to be done for Kolb, right?As I wrote in my column Monday, going with Kolb first leaves the option of turning the keys over to Skelton should the need arise. What an MLB source said about the D-backs’ trade haul for Greinke Cardinals expect improving Murphy to contribute right away The news came as a shock. Sort of.ESPN’s Adam Schefter reported Tuesday that John Skelton is the favorite to win the Cardinals QB job. This is the same Adam Schefter who first brought up the idea that the Cardinals may part with Matt Leinart in September 2010, so it’s safe to say he may have a pretty good idea of what’s going on in Arizona.Skelton, of course, has outplayed Kolb in the preseason, if only by a small margin. He’s shown improved accuracy, a good feel for the pocket and an ability to take a hit, get up and go again. It would be easy to justify the move should Kolb struggle or get injured, and there would be no harm, no foul. However, go with Skelton and there is no backup plan that can involve Kolb. It was his job to lose, and he would have lost it. And if history is any indication, the starting QB role isn’t the only job he’s about to lose. – / 20 Comments   Share   Nevada officials reach out to D-backs on potential relocationlast_img read more

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Arizona Cardinals wide receiver Larry Fitzgerald s

first_imgArizona Cardinals wide receiver Larry Fitzgerald seemed incredulous that the question was even asked.“How can you be over-confident after scoring three points in a game,” he said when asked if the Bills’ struggling defense could present a different kind of challenge for the Cardinals offense. “How can you? That’s not the attitude we have right now. “We have the we have to prove ourselves attitude and we do. After putting a bad performance like that on national TV we have a lot that we need to improve on, and we need to go out there and show that we’re capable of executing at that level.” Derrick Hall satisfied with D-backs’ buying and selling The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Comments   Share   Former Cardinals kicker Phil Dawson retires “We have to do a better job this week of paying attention to the details and preventing those long passes,” he said.The Bills are averaging 23.6 points per game, which places them 15th in the NFL but nearly five whole points ahead of the Cardinals. And while Fitzpatrick gets a lot of the attention, their two-headed monster at running back of Fred Jackson and C.J. Spiller has given Buffalo the fifth-best rushing offense in the league. In other words, the Bills can move the ball in a variety of different ways.“They give you a number of different looks,” Cardinals coach Ken Whisenhunt said. “It’s kind of a different offense from what you see, the conventional type.” The “bad performance” Fitzgerald was speaking of was Arizona’s 17-3 loss to the Rams last Thursday, a game where the offense tallied just 282 total yards. It led to Arizona’s first defeat of the season, and while it counts as just one loss, it has led many to wonder if Arizona’s offense will ultimately be its undoing.Which is why, really, the idea that the Cardinals could be over-confident against anyone — even the NFL’s 31st (out of 32) ranked defense — seems somewhat preposterous. But Arizona’s defense is a different story. They should be feeling pretty good about this game, right? After all, the Bills were just held to three points by the San Francisco 49ers, and come into their game against the Cardinals having turned the ball over 13 times in five games, which is the third-worst total in the NFL. Not exactly.“They’re very explosive,” Cardinals safety Adrian Wilson said of the Bills. “They spread the field out, create space, and just have their athletes in space trying to make plays.”Cardinals cornerback Patrick Peterson agreed with the idea that the Bills are explosive, pointing the fact that while Buffalo quarterback Ryan Fitzpatrick may be third in the NFL in interceptions thrown (8), he’s also third in touchdown passes (12). Many have come on big plays, which is something the second-year pro said the Cardinals need to do a better job of defending. Top Stories Grace expects Greinke trade to have emotional impactlast_img read more

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first_img Top Stories Derrick Hall satisfied with D-backs’ buying and selling Grace expects Greinke trade to have emotional impact The Arizona Cardinals are getting more global recognition, but this time it’s not about the team’s win total, it’s about Arizona’s worth as a franchise.In a list created by Forbes, the Cardinals rank 42nd among sports teams worldwide and are valued at $1.54 billion, with a one-year uptick of 54%.As a whole, the NFL had 27 teams included in the list, while seven came from MLB and eight came from both the NBA and European soccer. Arizona Cardinals wide receiver Michael Floyd (15) celebrates his touchdown catch with Jaron Brown (13) against the Green Bay Packers during the second half of an NFL divisional playoff football game, Saturday, Jan. 16, 2016, in Glendale, Ariz. (AP Photo/Ross D. Franklin) Comments   Share   A big factor in the increased value could be from the team’s sellout streak since moving to Glendale. Since being built in 2006, the Cardinals have sold out all 104 games in University of Phoenix Stadium.Winning could help, too, as the Cardinals did not crack the top 50 last year after losing in the Wild Card Round, but made a jump this year after reaching the NFC Championship Game. Former Cardinals kicker Phil Dawson retires The 5: Takeaways from the Coyotes’ introduction of Alex Meruelolast_img read more

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Were starting to look like the defense were sup

first_img“We’re starting to look like the defense we’re supposed to look like, we’re supposed to look like from the beginning,” he said. “We’re going to get better and I feel like the cards are going to fall into place for us.”Follow Adam Green on Twitter – / 46 Top Stories In what resulted in a 6-6 tie, the Cardinals surrendered just 257 net yards, as the Seahawks converted just 3-of-14 third downs and averaged a paltry 4.5 yards per offensive play. Yet, safety Tyrann Mathieu was adamant that this was not the best the defense has to offer.“Because we didn’t score a touchdown; we didn’t catch an interception,” he said. “We didn’t really change the football game at all. the score is tied up. So, we played well but we didn’t play well enough.”“Get the takeaway,” linebacker Markus Golden said of what more the defense could have done. “We could’ve got more takeaways, could’ve stopped them from getting six points. That could’ve won’t the game right there. So we could’ve done better, stopping them from getting six points and we would’ve had the win.”Standards are high, to say the least.“I have to watch the film before I can say that,” defensive lineman Calais Campbell said when asked to rank this performance among others. “We have had some good games over the years, but this one has to be up there.”Whatever the Seahawks wanted to do Sunday night, the Cardinals had a counter. Seattle gained just 52 yards on 19 rushing attempts, while QB Russell Wilson completed 24-of-37 passes for 225 yards, or a pedestrian 6.10 yards per attempt. The QB, limited in mobility by a leg injury, was avoiding a relentless pass rush most of the night, and deserves credit for being sacked just once. Derrick Hall satisfied with D-backs’ buying and selling Of course, six offensive holding calls — five of which were accepted — may have helped keep Wilson upright, at least some of the time.“Yeah, they probably could have called three more,” Cardinals coach Bruce Arians said. “The guys up front, we were getting there and the four-man rush, didn’t have to pressure much.”Linebacker Chandler Jones, who recorded the lone sack (and forced a fumble on the play), was also credited with three QB hits, while linebacker Markus Golden knocked Wilson down once. Campbell also got a shot on Wilson, and often times when the Cardinals weren’t quite getting to the passer, their presence caused him to scramble and throw off target.“Well, we’ve never had two edge rushers like Chandler and Markus,” Mathieu said. “Let’s call it what it is: their offensive line is not that good. So, we felt like we could get pressure on them, which we did a bunch of times tonight.”The pass rush was providing the pressure, and the secondary was locking down the receivers. For most of the night the Seahawks had nowhere to go, and when they did complete a pass there wasn’t much room to run with the ball. Former Cardinals kicker Phil Dawson retires Comments   Share   center_img “We definitely, all week, we knew we had to tackle well,” safety Tony Jefferson said. “Open space, we were going to have opportunities to make open-field tackles, and I think we did a good job of that tonight.”The Seahawks’ first nine drives ended with punts.“I thought we did play well as a defense,” cornerback Patrick Peterson said. “We tackled well; we didn’t have any busted coverages. I believe we’re now turning the corner as a secondary. We have so many new faces plugged in here at the beginning of the season. Now guys understand how to play with one another. Guys understand the scheme now. So it’s definitely a pleasure and a blast to see us go out there and have fun for 60 minutes and to play with relentless effort and give our team the best opportunity to win.”The Cardinals had a chance, but just could not come through. Defensively they have now gone nine consecutive quarters without allowing a touchdown, and have the look of one of the NFL’s elite groups, but despite all that happened on that side of the ball, there is still a feeling of wanting more.Based on what transpired Sunday night, they might be on the verge of getting it. Linebacker Kevin Minter thinks the team is “making a mean step forward” on the defensive side of the ball, with a group of players who are hunting. Arizona Cardinals outside linebacker Chandler Jones (55) forces Seattle Seahawks quarterback Russell Wilson (3) to fumble during the second half of a football game, Sunday, Oct. 23, 2016, in Glendale, Ariz. The Seahawks recovered the ball and had to punt. (AP Photo/Ross D. Franklin) Grace expects Greinke trade to have emotional impact The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo GLENDALE, Ariz. — For the first 60 minutes, the Arizona Cardinals’ defense outright dominated the Seattle Seahawks’ offense.The Seahawks’ first first down came in the second quarter; they visited Arizona’s side of the field just once, and it came after a blocked punt that was recovered at the Cardinals’ 22. The ensuing scoring drive went zero yards.In fact, just three times all night did the Seahawks cross midfield, with two of them coming in overtime. Whether they were attempting to attack via the ground or through the air, the Cardinals had an answer.last_img read more

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Derrick Hall satisfied with Dbacks buying and se

first_img Derrick Hall satisfied with D-backs’ buying and selling Meanwhile, the Buffalo Bills’ helmet isn’t befitting of its mascot.That appears to be a scaled fish with teeth rather than a Buffalo.The Bengals’ and Broncos’ helmets stick to their mascots but in a dreamscape sort of scenery, though Denver’s helmets also includes a bear, an eagle or falcon — two other NFL mascots, by the way — and salmon.The Eagles and the Buccaneers get our vote for best of show.As for the helmets that are just too far out there, the Raiders’ silly pirate helmet is in the running for most hilarious, but the New York Giants’ “I love N.Y.” theme takes the cake.Check out the rest of the helmets in this album here. With the NFL taking Monday Night Football’s Raiders-Texans matchup to Mexico City, the league is tapping into the local culture.The NFL asked Mexican artists to reimagine helmets for every team in the league, and the Arizona Cardinals’ look maintains the red birds’ aggressive look.Might the artist who painted the Cardinals helmet be a Ball State alumnus?The look is clean and it’s one of few of these that could actually make for a standard helmet. Many of the other helmet reimaginations are quite extravagant compared to your usual gameday helmets. Take, for example, the Tennessee Titans’ tops, which … just look. Former Cardinals kicker Phil Dawson retires The 5: Takeaways from the Coyotes’ introduction of Alex Meruelocenter_img Top Stories 0 Comments   Share   Grace expects Greinke trade to have emotional impactlast_img read more

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