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Time of India
a day ago
- Business
- Time of India
Govt asks all departments to maintain e-service book of employees
All central government departments have been asked to maintain digital service books of employees and phase out the physical ones, the Personnel Ministry has said. The service book of a government servant is a document to record all the events in his/her entire service period and career recording each and every administrative action right from the stage of recruitment till retirement to reflect the history of service. As per rules, a service book is to be maintained for a government servant and is required to be kept in the custody of the head of office in which he is serving and needs to be transferred along with the employee, upon transfer. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Prime Swing Trader Mr. Hemant Shares His Winning Strategy for Free! TradeWise Learn More Undo "It has now been decided to maintain the e-service book on e-HRMS 2.0 portal," the ministry said in an order dated June 17, issued to all government departments "Hence, all the ministries/departments, further to their onboarding on e-HRMS 2.0, are requested to maintain e-service books on e-HRMS 2.0 only and phase out physical service books ," the order said. Live Events Physical service books should be phased out after ensuring the completeness and accuracy of data in the e-service books on e-HRMS 2.0, as the same will be treated legally tenable for all purposes, it added.
Boston Globe
2 days ago
- Entertainment
- Boston Globe
Beuford Smith, photographer who chronicled Black life, dies at 89
He was also a founding editor of 'The Black Photographers Annual,' a four-volume anthology that was published irregularly between 1973 and 1980 as a showcase for Black photographers. Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up 'We had abstract, glamour, civil rights, everything in it,' Mr. Smith told The New York Times' Lens blog in 2017. 'We did not want to ghettoize, that Black photographers just photographed jazz musicians or poverty scenes.' Advertisement On April 5, 1968, the day after King was killed in Memphis, Smith brought his camera to Harlem. One photo he took that day was of a Black man enveloped in darkness, weeping as a white delivery man was being beaten on 125th Street. In an interview with the Cincinnati Art Museum in 2022, Mr. Smith said that the anguished man in Harlem was saying, 'Please don't attack him, leave him alone.' Advertisement Mr. Smith's picture of the crying man -- which he called one of his favorites -- was part of a series taken that day. Among the others were images of a white police officer grabbing a Black man's shoulder as he pushes him forward during the violence that erupted after the assassination; an officer, in silhouette, watching a fire burn on the street; a branch of the Black-owned Freedom National Bank, with a portrait of King resting on a funeral wreath behind the front window; and a Black man, shown from behind, holding a bag of groceries and leaning on a mailbox, possibly staggered by the news. Mr. Smith's "The Day After MLK was Assassinated, NYC, 1968." Keith de Lellis Gallery Most of Mr. Smith's photos were in black and white. But not all of them were mournful. 'Two Bass Hit,' taken in 1972, shows two bass players, standing next to each other, in silhouette, performing at a jazz club, with parachutes hanging from the ceiling. (His photos of musicians often depicted them in shadows or, as in this one, blurred by movement.) 'I couldn't have staged this any better than this, a profile of a Black musician,' Mr. Smith told the Cincinnati Art Museum. Other notable images from the 1960s and '70s include a little girl, her face in shadows, posing defiantly against a wall; a little boy holding an umbrella that has lost its canopy and that is only a handle, shaft and ribs; and an eager-looking man clutching a small bouquet of roses, perhaps looking to present it to his lover. 'His work is eloquent and moving and captured Black people with great intimacy,' Kinshasha Holman Conwill, a former deputy director of the Smithsonian's National Museum of African History and Culture, said in an interview. 'There's something about a photographer who has that kind of rapport with and love for Black people.' Advertisement Reviewing an exhibition of Mr. Smith's photos at the Studio Museum in Harlem for the Times in 1972, A.D. Coleman said the photos showed an 'adherence to a head‐on, gimmick-free, documentary style, a concentration on urban Black life as the central theme and a consistent confrontation of human emotion.' Beuford Smith was born April 12, 1936, in Cincinnati, the only child of Theodore Smith, a porter, and Beulah (Conner) Smith, who took care of the home. A self-taught photographer, he was inspired to pursue his craft seriously in New York City when he saw the pictures taken by pioneering Black photographer Roy DeCarava in 'The Sweet Flypaper of Life,' a book about life in Harlem with fictional text by poet Langston Hughes. Mr. Smith, taken by Anthony Barboza. Keith de Lellis Gallery After Mr. Smith met DeCarava in 1965, DeCarava invited him to his loft to look at his portfolio. He later introduced Mr. Smith to Kamoinge, where he was the first director. Mr. Smith held jobs at small printing companies until he started working as a freelance photographer in about 1966. He also worked for photo agencies and, in 1977, started his own, Cesaire Photo Agency. His clients included AT&T, Emory University, Merrill Lynch, and General Electric. His photos appeared over the years in Camera, Candid Photography and other publications, and in books including 'The Sweet Breath of Life: A Poetic Narrative of the African-American Family' (2004), whose cover used his photo of the man holding roses. Mr. Smith remembered an instance in which he believed racism had played a role in the rejection of his photographs by mainstream magazines. He had tried to persuade Life, Look, and other publications to buy the pictures he took after King's death, particularly the one of the crying man. Advertisement 'They said, 'Oh no, if that had been in color we would get it, we would buy it,'' he told the Cincinnati Art Museum. 'But if it had been color they would have said, 'Oh, if it was black and white we would buy it.' But if a white photographer had taken it, it would have been there.' Mr. Smith and his Kamoinge colleagues -- among them Anthony Barboza, Louis Draper, Ming Smith, Adger Cowans, and Daniel Dawson -- were celebrated in the traveling exhibition 'Working Together: The Photographers of the Kamoinge Workshop,' which originated at the Virginia Museum of Fine Arts in 2020. 'They were showing what could be done as individuals, but also as a collectivity,' John Edwin Mason, a historian at the University of Virginia, told the Times at the time. 'They came of age in the age of Black nationalism, Black self-assertion and self-determination.' Mr. Smith's photographs are in the collections of several museums, including the Museum of Modern Art, the Whitney, and the Museum of Fine Arts, Houston. In addition to his wife, he leaves a son, Cesaire, from a previous relationship, as well as two grandsons and one great-granddaughter. Mr. Smith's "Milt Jackson, c. 1960s." Keith de Lellis Gallery When the Keith de Lellis Gallery in Manhattan mounted the exhibition 'Black Lives: Photographs of Beuford Smith' in 2017, art critic John Yau, writing in the online arts magazine Hyperallergic, praised the composition of the photos, including one of a boy crouching on a sidewalk in Manhattan, wrapped in fabric that reveals only his eyes and the top of his head. A few feet away, in the street, a doll, which is missing its arms and a leg, lies amid pieces of refuse. Advertisement 'It is almost as if the doll is on the orchestra pit with her head turned toward us, while the boy is onstage, about to deliver his soliloquy,' Yau wrote. 'What will he say?' Mr. Smith's "Man Behind Wall, MoMA, 1965." Keith de Lellis Gallery This article originally appeared in
Yahoo
3 days ago
- Business
- Yahoo
Toy companies ask Supreme Court to swiftly take up Trump's tariff challenge
Washington — A pair of Illinois-based companies that sell educational toys and products asked the Supreme Court on Tuesday to swiftly take up their challenge to President Trump's sweeping tariffs, arguing that the "massive impact" on businesses and consumers warrants its immediate intervention. The companies, Learning Resources and hand2mind, urged the justices to decide whether a federal emergency powers law, the International Emergency Economic Powers Act, gives the president the power to impose tariffs. They are asking the Supreme Court to take up their court fight before the U.S. Court of Appeals for the District of Columbia Circuit weighs in and expedite consideration of that request. The companies have suggested that if the court does decide to take up their case, it should hear arguments on Mr. Trump's authority to impose the levies during either a special September sitting or in October, when the justices will convene for their next term. "In light of the tariffs' massive impact on virtually every business and consumer across the nation, and the unremitting whiplash caused by the unfettered tariffing power the president claims, challenges to the IEEPA tariffs cannot await the normal appellate process (even on an expedited timeline)," lawyers for Learning Resources and hand2mind wrote in a filing. The companies' lawsuit is separate from another challenge to Mr. Trump's tariffs that was filed with the U.S. Court of International Trade. In that case, brought by five U.S.-based companies and a group of 12 states, the trade court permanently blocked Mr. Trump's 10% tariff on virtually every U.S. trading partner, as well as his duties on imports from Mexico, Canada and China, which the president had imposed in response to what he said was the trafficking of drugs into the U.S. The Justice Department asked the U.S. Court of Appeals for the Federal Circuit to review that decision. The Federal Circuit allowed Trump's tariffs to go back into effect while it considers the appeal and scheduled arguments for July 31. The dispute now before the Supreme Court was brought in federal court in Washington, D.C. The companies argued that neither the Constitution nor IEEPA grants the president the authority to levy tariffs at all. The case specifically involves his 10% baseline tariff on most countries, as well as a 20% tariff on China that Mr. Trump said is in response to the flow of illicit drugs into the U.S. U.S. District Judge Rudolph Contreras ruled in favor of the firms last month, finding that the emergency powers law "does not authorize the president to impose the tariffs set forth" in his executive orders. His decision, though, was more narrow, as it barred the Trump administration only from collecting any tariff from the two companies. Contreras paused his decision while the Justice Department appealed to the D.C. Circuit. In their filing with the Supreme Court, the companies reiterated that IEEPA does not give the president unilateral power to set the sweeping tariffs. They said that the two courts that have ruled on the matter — the district court in Washington and the trade court — both declared Mr. Trump's levies unlawful on two different grounds. But they noted that those injunctions have not been paused pending the appeals. "Even as these punishing tariffs cause American businesses and consumers to bleed billions of dollars each month, there will be no relief any time soon," lawyers for the firms said. Mr. Trump's tariffs are a centerpiece of his economic agenda, and he has argued that they are critical to bringing manufacturing jobs back to the U.S. The president has also used the tariffs, and the threat of higher rates, as leverage to force trading partners into negotiations. Mr. Trump announced his 10% tariffs, as well as a set of now-paused "reciprocal" tariffs, in April on what the White House dubbed "Liberation Day." But soon after, the president halted the reciprocal duties on 57 countries amid rattled financial markets and concerns of an economic downturn. Sneak peek: The Troubled Case Against Jane Dorotik American stranded in Israel with her family speaks out amid airstrike exchanges with Iran Appeals court hearing on California lawsuit against Trump's National Guard deployment to L.A.
Business Wire
4 days ago
- Business
- Business Wire
KBRA Assigns Preliminary Ratings to COOPR Residential Mortgage Trust 2025-CES2 (COOPR 2025-CES2)
NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 8 classes of Certificates from COOPR Residential Mortgage Trust 2025-CES2 (COOPR 2025-CES2), a $317.5 million RMBS transaction, as of the cut-off date, sponsored by Nationstar Mortgage LLC d/b/a Mr. Cooper and Loan Funding Structure VI LLC and consists almost entirely of 4,613 newly originated closed-end second lien mortgages (CES; 99.9%). The underlying pool is seasoned approximately 0.5 months and all loans are originated by Mr. Cooper. The collateral consists of fully amortizing, fixed-rate mortgages (FRMs) with predominantly 20-year (78.8%), 15-year (9.7%), 30-year (7.5%), and 10-year (3.6%) maturity terms. KBRA's rating approach incorporated loan-level analysis of the mortgage pool through its Residential Asset Loss Model (REALM), an examination of the results from third-party loan file due diligence, cash flow modeling analysis of the transaction's payment structure, reviews of key transaction parties and an assessment of the transaction's legal structure and documentation. This analysis is further described in our U.S. RMBS Rating Methodology. To access ratings and relevant documents, click here. Click here to view the report. Methodologies Disclosures Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above. A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here. Information on the meaning of each rating category can be located here. Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at About KBRA Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan's Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S. Doc ID: 1009752
Yahoo
4 days ago
- Business
- Yahoo
KBRA Assigns Preliminary Ratings to COOPR Residential Mortgage Trust 2025-CES2 (COOPR 2025-CES2)
NEW YORK, June 16, 2025--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 8 classes of Certificates from COOPR Residential Mortgage Trust 2025-CES2 (COOPR 2025-CES2), a $317.5 million RMBS transaction, as of the cut-off date, sponsored by Nationstar Mortgage LLC d/b/a Mr. Cooper and Loan Funding Structure VI LLC and consists almost entirely of 4,613 newly originated closed-end second lien mortgages (CES; 99.9%). The underlying pool is seasoned approximately 0.5 months and all loans are originated by Mr. Cooper. The collateral consists of fully amortizing, fixed-rate mortgages (FRMs) with predominantly 20-year (78.8%), 15-year (9.7%), 30-year (7.5%), and 10-year (3.6%) maturity terms. KBRA's rating approach incorporated loan-level analysis of the mortgage pool through its Residential Asset Loss Model (REALM), an examination of the results from third-party loan file due diligence, cash flow modeling analysis of the transaction's payment structure, reviews of key transaction parties and an assessment of the transaction's legal structure and documentation. This analysis is further described in our U.S. RMBS Rating Methodology. To access ratings and relevant documents, click here. Click here to view the report. Related Publications COOPR 2025-CES2 Tear Sheet RMBS KCAT Methodologies RMBS: U.S. RMBS Rating Methodology Structured Finance: Global Structured Finance Counterparty Methodology ESG Global Rating Methodology Disclosures Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above. A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here. Information on the meaning of each rating category can be located here. Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at About KBRA Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan's Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S. Doc ID: 1009752 View source version on Contacts Analytical Contacts Edward DeVito, Senior Managing Director (Lead Analyst)+1 Liam Vauk, Associate+1 Bianca Rexach, Associate Director+1 Patrick Gervais, Senior Managing Director (Rating Committee Chair)+1 Business Development Contact Daniel Stallone, Managing Director+1
