Latest news with #Kasat
Sydney Morning Herald
29-07-2025
- Business
- Sydney Morning Herald
Forrests' foundation tips $3.3 million into WA's regional arts sector
'This partnership is about strategically aligning resources and amplifying impact to give the regional arts sector and artists the long-term support they need to thrive,' Hartman said. Regional Arts WA chief executive Dr Pilar Kasat described the partnership with Minderoo as a pivotal moment. 'Minderoo has been supporting Regional Arts WA since 2019. But this takes the investment to a whole other level,' Kasat said. 'It is a ten-fold increase on anything that has gone before. It is a game-changer for us. 'This is the beginning of something much bigger and an open invitation for others to help shape and strengthen the future impact of the regional arts sector. 'This money will be used in a very strategic way to enable all those organisations in the Regional Arts Network to source funds locally and obtain further funds from the state and federal governments.' Kasat believed one of the major problems for regional arts organisations was the fragmented nature of funding. Each time an organisation plans a program they have to apply to a range of bodies at a federal, state and local council level as well as approach philanthropic organisations such as Minderoo. 'The subsidised sector is extremely grateful for the support we receive. But it is a problem when so many resources are consumed in applying for that funding. There has to be a better way of supporting regional organisations,' Kasat said. 'One of our aims with the Minderoo partnership is to pilot what we are calling the Creative Collaboration Fund. Hopefully, we will be able to streamline the process of applying for funding and open up new avenues for support.' Kasat said another major problem facing organisations such as Regional Arts WA was that investment typically does did cover the cost of running the company or administering the projects. 'In the Pay It What It Takes report published in 2022, Social Ventures Australia came up with a figure saying that any not-for-profit organisation needs to put aside 25 to 30 per cent of the total amount of funding to cover your own costs so you are not depleting your own organisation,' Kasat said. 'This is why the Minderoo partnership is so important. Over 70 per cent of the resources will be directed to 20 organisations who are part of the Regional Arts Network and their communities while less than 30 per cent will come to Regional Arts WA to deliver this project and continue our advocacy.' The partnership with Minderoo also means they are backing the vision of Thrive!, an investment framework Kasat and her team spent many months evolving. Kasat believed supporting regional arts had never been more important because of the challenges faced by those who lived outside the metropolitan area, including higher rates of mental health issues. Loading She also believed it was important to challenge the notion that art produced in the regions was not as significant as art produced in the city. And in some aspects of the arts, such as a work having a sense of place, rural artists excel even more than those in the city. 'Not everyone wants to exhibit, for example, but everyone should have the opportunity to engage with art,' she said.
The Age
29-07-2025
- Business
- The Age
Forrests' foundation tips $3.3 million into WA's regional arts sector
'This partnership is about strategically aligning resources and amplifying impact to give the regional arts sector and artists the long-term support they need to thrive,' Hartman said. Regional Arts WA chief executive Dr Pilar Kasat described the partnership with Minderoo as a pivotal moment. 'Minderoo has been supporting Regional Arts WA since 2019. But this takes the investment to a whole other level,' Kasat said. 'It is a ten-fold increase on anything that has gone before. It is a game-changer for us. 'This is the beginning of something much bigger and an open invitation for others to help shape and strengthen the future impact of the regional arts sector. 'This money will be used in a very strategic way to enable all those organisations in the Regional Arts Network to source funds locally and obtain further funds from the state and federal governments.' Kasat believed one of the major problems for regional arts organisations was the fragmented nature of funding. Each time an organisation plans a program they have to apply to a range of bodies at a federal, state and local council level as well as approach philanthropic organisations such as Minderoo. 'The subsidised sector is extremely grateful for the support we receive. But it is a problem when so many resources are consumed in applying for that funding. There has to be a better way of supporting regional organisations,' Kasat said. 'One of our aims with the Minderoo partnership is to pilot what we are calling the Creative Collaboration Fund. Hopefully, we will be able to streamline the process of applying for funding and open up new avenues for support.' Kasat said another major problem facing organisations such as Regional Arts WA was that investment typically does did cover the cost of running the company or administering the projects. 'In the Pay It What It Takes report published in 2022, Social Ventures Australia came up with a figure saying that any not-for-profit organisation needs to put aside 25 to 30 per cent of the total amount of funding to cover your own costs so you are not depleting your own organisation,' Kasat said. 'This is why the Minderoo partnership is so important. Over 70 per cent of the resources will be directed to 20 organisations who are part of the Regional Arts Network and their communities while less than 30 per cent will come to Regional Arts WA to deliver this project and continue our advocacy.' The partnership with Minderoo also means they are backing the vision of Thrive!, an investment framework Kasat and her team spent many months evolving. Kasat believed supporting regional arts had never been more important because of the challenges faced by those who lived outside the metropolitan area, including higher rates of mental health issues. Loading She also believed it was important to challenge the notion that art produced in the regions was not as significant as art produced in the city. And in some aspects of the arts, such as a work having a sense of place, rural artists excel even more than those in the city. 'Not everyone wants to exhibit, for example, but everyone should have the opportunity to engage with art,' she said.
Economic Times
05-07-2025
- Business
- Economic Times
D-Street turns cautious ahead of US trade deal deadline
Indian benchmark indices snapped two consecutive weeks of gains Friday, with volatility ahead of the July 9 India-US trade deal deadline, profit booking, and regulatory action on Jane Street kept D-Street momentum subdued. ADVERTISEMENT NSE's Nifty rose 55.7 points or 0.2% to close at 25,461. BSE's Sensex rose 193.42 points or 0.23% to end at 83,432.89. Both indices have declined about 0.7% this week. "On Friday, investor sentiment was cautious amid regulatory developments and global uncertainty," said Vikram Kasat, head of advisory at PL Capital. "Sebi's interim action against US-based quant fund Jane Street weighed on broader confidence, while concerns over a possible US tariff announcement ahead of the July 9 deadline kept risk appetite muted." The US President had announced a 90-day pause on the imposition of import tariffs, and India indicated hopes to strike a trade deal before the end of this deadline. Despite this, Kasat said, the India VIX stayed near nine-month lows signalling subdued volatility. The Nifty Volatility Index or VIX- the fear gauge of the market, fell 0.6% to 12.3 levels on Friday. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
05-07-2025
- Business
- Time of India
D-Street turns cautious ahead of US trade deal deadline
Indian benchmark indices snapped two consecutive weeks of gains Friday, with volatility ahead of the July 9 India-US trade deal deadline, profit booking, and regulatory action on Jane Street kept D-Street momentum subdued. NSE's Nifty rose 55.7 points or 0.2% to close at 25,461. BSE's Sensex rose 193.42 points or 0.23% to end at 83,432.89. Both indices have declined about 0.7% this week. "On Friday, investor sentiment was cautious amid regulatory developments and global uncertainty," said Vikram Kasat, head of advisory at PL Capital. " Sebi 's interim action against US-based quant fund Jane Street weighed on broader confidence, while concerns over a possible US tariff announcement ahead of the July 9 deadline kept risk appetite muted." The US President had announced a 90-day pause on the imposition of import tariffs, and India indicated hopes to strike a trade deal before the end of this deadline. Despite this, Kasat said, the India VIX stayed near nine-month lows signalling subdued volatility. The Nifty Volatility Index or VIX- the fear gauge of the market, fell 0.6% to 12.3 levels on Friday. Live Events
Time of India
18-06-2025
- General
- Time of India
Over 4,100 Trees In Nagpur Found Choked, Just 1,100 Freed So Far: NMC to HC
1 2 Nagpur: The Nagpur Municipal Corporation (NMC) on Thursday informed the Nagpur bench of Bombay High Court that over 4,147 trees across the city were found choked by concrete, but only 1,104 were de-choked so far despite directives and multiple agency involvement. The data was submitted during the hearing of a public interest litigation (PIL No. 39/2024) filed by environmental activists Sharad Patil, Prachi Mahurkar, Yash Netke, and Preeti Patel through counsel Radhika Bajaj. As per petitioners, while executing road improvement projects, the work of concretisation by cement, asphalt, or bitumen is choking roots of trees. They claimed though administrative instructions are issued to the contractors and subordinate officers to ensure removal of concrete, asphalt, or bitumen near trees, effective steps are not being taken by respondents. NMC counsel Jemini Kasat submitted the affidavit and minutes of meetings with agencies such as NHAI, NIT, and PWD, confirming the extent of choking and partial progress on relief efforts. Kasat told the court two experts—Kaustav Chatterjee of Green Vigil Foundation and Dilip Chinchmalatpure—were included in official de-choking panel as per court's earlier order. The panel has begun conducting site visits to verify work and shared technical recommendations, including removing concrete as per Urban Green Guidelines 2014, ensuring soil aeration, and protecting root systems. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo "The experts delivered a presentation on best practices and are expected to submit their assessments during the next review," Kasat said, adding that officials from PWD and NHAI have also been included for effective implementation on the ground. The petitioners objected to their exclusion from committee despite prior experience in tree conservation. The bench, comprising Justices Nitin Sambre and Sachin Deshmukh, questioned the civic body on this omission. NMC also submitted various govt departments have started following the 2014 Urban Green Guidelines and cited ongoing environmental audits by NEERI. Kasat informed the court Environment Status Reports (ESR) for the years 2017–18 to 2023–24 (barring 2021–22 due to the pandemic) were prepared scientifically by NEERI and submitted. The 2024–25 ESR is currently under preparation. The division bench gave time to file compliance documents, directing the finalised ESR for 2024–25 to be submitted by July 1, and adjourned the matter to July 9. The PIL highlights the alarming decline in Nagpur's green cover, which decreased from 31 percent in 1999 to a mere 21 percent in 2018, as per a study conducted by ISRO's Regional Remote Sensing Centre in 2019. The petitioners attribute this drastic reduction to the rapid expansion of urban infrastructure projects, which have adversely affected the city's once-abundant greenery.
