World record in Nagpur -Construction of longest Double Decker Viaduct (3.14 KM) with Highway Flyover & Metro Rail Supported on single column piers


Another World Record in the Bag! Heartiest Congratulations to Team Maharashtra Metro & Team NHAI on achieving the world record in Nagpur by: -Constructing longest Double Decker Viaduct (3.14 KM) with Highway Flyover & Metro Rail Supported on single column pierssaid Union Minister for Road Transport and Highways Shri Nitin Gadkari in a series of tweets.



The Minister said constructing Maximum Metro stations (3 Metro Stations) on Double Decker Viaduct in Nagpur,Recognized by Asia Book of Records & India Book of Records, this is indeed a proud moment for the entire country.



Shri Gadkari thanked  the incredible Engineers, Officers & Workers who persevered day & night to make this day happen. He said such development is the fulfillment of the promise by Prime MinisterShri  Narendra Modi Government on building world class infrastructure in New India.


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Hong Kong – Record of discussion of meeting of Exchange Fund Advisory Committee Currency Board Sub-Committee held on April 26

Record of discussion of meeting of Exchange Fund Advisory Committee Currency Board Sub-Committee held on April 26

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The following is issued on behalf of the Hong Kong Monetary Authority:

 

(Approved for Issue by the Exchange Fund Advisory Committee by Circulation)



Report on Currency Board Operations (December 25, 2021 – April 12, 2022)

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     The Sub-Committee noted that the Hong Kong dollar (HKD) traded within a range of 7.7832 – 7.8378 against the US dollar (USD) during the review period. The HKD had softened since February amid market concerns over the US Federal Reserve (Fed)’s policy normalisation and the risk-off sentiment triggered by the Ukraine situation. Amid expectation of further US rate hikes, HKD interbank interest rates (i.e. HIBORs) increased slightly during the review period but remained at low levels by historical standards. While the Fed’s policy normalisation process was expected to proceed at a faster pace than the previous rate hike cycle in 2015-2018, the ample HKD liquidity suggested that increases in HKD interbank rates might lag those of the USD interest rates. The extent of lagging would depend on the supply and demand situation of HKD in the local market. Overall, the HKD exchange and interbank markets continued to trade in a smooth and orderly manner.

      

     The Sub-Committee noted that the Monetary Base increased to HK$2,147.48 billion at the end of the review period. In accordance with the Currency Board principles, all changes in the Monetary Base had been fully matched by changes in foreign reserves.

      

     The Report on Currency Board Operations for the review period is at Annex.

 

Monitoring of Risks and Vulnerabilities

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     ​The Sub-Committee noted that the global economic outlook worsened as a result of the Ukraine situation, which had driven up global commodity prices and triggered bouts of financial market volatility. Faced with sharp inflationary pressures, the Fed had telegraphed its intentions to deliver successive rate hikes and shrink its balance sheet. In turn, global financial conditions might tighten, especially if the pace of US monetary normalisation were to pick up. 



     The Sub-Committee noted that in Mainland China, economic growth could face potential headwinds arising from the Ukraine situation and new COVID-19 outbreaks. 

      

     The Sub-Committee noted that in Hong Kong, the fifth wave of local infections had brought significant pressures on the economy in early 2022. The challenging global environment had also posed downside risks to growth. The labour market weakened with the unemployment rate rising, while underlying inflation remained largely in check despite elevated external prices. Meanwhile, the housing market showed signs of stabilisation more recently amid easing local infections.



Hong Kong’s Residential Mortgage Loans Offered by Non-bank institutions

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     The Sub-Committee noted a paper that examined the role of non-bank institutions in the residential mortgage market through the use of transactional big data. 

Hong Kong – Hongkong Post to launch online booking service for handling of non-local COVID-19 vaccination record, Provisional Vaccine Pass and non-local recovery record

Hongkong Post to launch online booking service for handling of non-local COVID-19 vaccination record, Provisional Vaccine Pass and non-local recovery record

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     Hongkong Post today (May 10) announced that for the provision of service regarding the handling of non-local vaccination record, the Provisional Vaccine Pass and non-local recovery record at designated post offices, an online booking service will be launched next week to assist people in need of such service to choose in advance the date, time slot and designated post office for paying a visit for the service. Details of the online booking service will be provided at the Hongkong Post website later. Moreover, the same-day ticket arrangement is also available at the 18 designated post offices.

 

     At present, Hongkong Post has increased the daily quota to 3 100. Members of the public may visit the webpage of Hongkong Post at www.hongkongpost.hk/en/services/non_local_covid19_vr/index.html#list for information of the 18 designated post offices and the quota.

 

     For enquiries, members of the public may call the Hongkong Post enquiry hotline at 2921 2222.

Vans X Record Store Day Partnered Together to Create “Portraits of Her.”

WEBWIRE



A Collaborative Effort to Honor and Uplift Women in the Music Industry.


Join Us in Celebrating Record Store Day on April 23rd, 2022!


Listen to the “Portraits of Her” Playlist on Spotify.


With Artwork by Sofia Enriquez, and Songs From the Limited Edition 16-Track Vinyl Album.


Watch the “Portraits of Her” three-part video series that dives deeper into shared stories and experiences told by women in music, directed by Christina Xing.


For each episode, we invited two women from completely different fields to meet for the first time and share their stories on navigating the industry.  We put the camera in their hands and pieced together their self-captured one-on-one moments, where they discussed their inspirations, hardships, accomplishments and hopes for the future of the music.


Ep. 01 – Melissa Meets Lottie

A Senior Manager at Amoeba Music Meets a DJ, Dublab Curator and Co-founder of SOS Music.


VANS x Record Store Day | Melissa Meets Lottie | Portraits of Her | Episode 1 | VANS


Ep. 02 – Leyla Meets Ericka

A Singer and Songwriter Meets the Svp of A&R at Warner Records and Founder of Thebasement.


VANS x Record Store Day | Leyla Meets Ericka | Portraits of Her | Episode 2 | VANS


Ep. 03 – Alice Meets Alexis

A Hyperpop Musician Meets a Director at Live Nation.


VANS x Record Store Day | Alice Meets Alexis | Portraits of Her | Episode 3 | VANS


We’d love to give a huge shout out to Jordi Ng, the designer and creator of the “Portraits of Her” zine. A publication dedicated


to honoring women in the world of music.



Featured album artists from top left to bottom right: K.Flay, Joy Oladoklin, Alice Longyu Gao, Bully, Julien Baker, Julia Michaels, Leyla Blue, Girl In Red, Boyish, Asiahn, Girl Ultra, Princess Nokia, Laura Jane Grace, BANKS.


RSVP TO EVENT


Stay tuned for the Record Fair on April 30th, hosted by Wav Traxl at House of Vans Chicago.


Featuring a live performance by special guest Boyish and K.Flay


RSVP HERE

Creation of Record for Highest Quantity of Bituminous Mix laid for road construction in 100 Hrs.


Adding one more jewel to the crown of records, India Book of Records have awarded certificates in respect of creation of record for Highest Quantity of Bituminous Mix laid for road construction in 100 Hrs. In a series of tweets Union Minister for Road Transport and highways Shri Nitin Gadkari informed that longest Length of Flexible Pavement (DBM Course) road construction in 100 Hrs was awarded to PNC Infratech Ltd.



The Minister said this incredible feat was achieved by PNC Infratech Ltd at the Construction of 8-Lane access-controlled expressway starting from junction with NH-47 near Bhamiya village and ending at junction with SH-175 in Baletiya village in Panchmahal district (Ch-780+920 to Ch-803+420. Design Ch-328+500 to Ch-351+000) section of Delhi-Vadodara Greenfield Alignment (NH-148N) on under #Bharatmala Pariyojna in the state of Gujarat.





Striving for the fast paced development of our country, under the dynamic leadership of PM Shri @narendramodi ji, @MORTHIndia has created many world records in construction of roads. #PragatiKaHighway #GatiShakti pic.twitter.com/A6pxEYXuoY

— Nitin Gadkari (@nitin_gadkari) March 13, 2022


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