Miss Venezuela, Alyz Henrich was crowned Miss Earth 2013 title at a pageant organized at Versailles Palace, Philippines. It is the second beauty pageant title for Venezuela this year. In November 2013, Gabriela Isler, of the same nation was crowned Miss Universe 2013. India’s contestant Shobita Dhulipala couldn’t make it to the top 16 of the event.
The Top 3 runners-up:
- Miss Earth Fire 2013 Catharina Choi of Korea
- Miss Earth water 2013 Punika Kulsoontornrut of Thailand
- Miss Earth Air 2013 is Katia Wagner of Austria
About Miss Earth:
Miss Earth is an annual international beauty pageant promoting environmental awareness. The contest held its maiden edition in 2001 to promote the preservation of the environment. Nicole Faria, who won in 2010, is the first Indian contestant to have won the title.
As per the report jointly prepared by the Confederation of Indian Industry (CII) and global professional services firm Ernst & Young (EY), after the passage of the Pension Fund Regulatory and Development Authority (PFRDA) Act 2013, investment corpus in the Indian pensions sector is likely to cross $1 trillion by 2025 as the sector moves forward to realize its full growth potential.
As per CII-CY report:
- Pensions business offers a promising opportunity because of India’s changing demographics, an insufficient government-funded pensions system and the presence of a vivacious insurance and funds management sector.
- By 2030, 180 million Indians or 12% of the population will be in the age bracket of 60-plus.
- Pensions systems play a major role for the infrastructure sector, providing stability in capital markets.
- The government has set a funding target of $1 trillion for the infrastructure sector for the 12th Plan (2012-16) period, while it expects the private sector to contribute 45% of the targeted investment.
- Private pension funds are likely to provide 24% of the total corpus by 2025, while pensions and annuity products offered by life insurance companies are expected to contribute around 16%.
At present, the retirement funds corpus is in range of Rs.12-15 trillion, of which the Employees Provident Fund (EPF) holds one-third of the total, while the Public Provident Fund (PPF) and NPS account for about 2.5% each.
Year 2013 proved ominous for Telugu film industry as among 170-odd films released till December 7, 2013, only 12 to 14 films were either blockbusters, hits and average grossers, while more than 140-odd films were disasters and left more than 70-odd producers battling for existence. The downslide caused the Telugu cinema industry hefty losses of around Rs 300 crore.
While films like ‘Atharintiki Daredi’ bagged the spot of being most successful this year with 85-crore plus, other films that touched 40 crore mark were-Mirchi, Badshah, Nayak, Seethamma Vakitlo, whereas Gundejari Gallanthaiyinde and Balupu crossed 22 crores, while Prema Katha Chitram, grossed 15 crores and films like Tadaka, touched 10 crore mark and even small movies like ‘Swamy Ra Ra’ ( 7 crores) ‘Anthakamundhu Aa Tharvatha’ and Adda ( 3 to 4 crores) but industry sank deeply under the heap of 100-odd flops.
However, dreary performance of few star films jolted the industry since their films could not even fetch their production cost by a big margin- ‘Ramayya Vasthavayya ( 19 crores out of 35 crores), Shadow ( 12 crores out of 30 crores), Greekuveerudu (10 out of 22 crores), Iddarammayilitho (22 out of 33 crores), Toofan (10 out of 60 crores), Masala (10 out of 24 crores), Bhai (12 cores out of 25 crores) Sahasam (5 out of 11 crores) and the list goes on.
Major factors behind the debacle:
The failure of films and heavy losses can in 2013 can be attributed to certain factors like poor scripts, surging salaries of stars, technicians and rampant piracy and most significantly Telugu audience are not willing to digest crap in the name of star movies and rejected new-age small movies, if they lacked novelty and even the 60-days bandh in Seemandhra added to producer’s woes as it hampered collections of many films.