The decline in gold prices over the last two months
A glowing Kate Middleton has
christened a gigantic new cruise ship named the Royal Princess.
Palace
officials said it is planned as her final solo public appearance before she is
expected to give birth in mid-July.
The Duchess of Cambridge, as she has
been formally known since her marriage two years ago to Prince William, used a
15 litre, US$1500 bottle of Moet and Chandon Champagne to do the job — it was so
heavy she couldn't swing it herself, but she cut a ribbon that launched the
bottle toward the hull, where it smashed as crowds cheered.
"I name this
ship Royal Princess, may God bless her and all who sail in her,If the last
consistency group has failed when monitor1 is executing." said the
duchess, whose baby bump was clearly outlined against her black and white print
coat.
She seemed the picture of good health as she chatted with others
on the VIP podium during the event at the historic waterfront in Southampton.
The duchess's bottle-smashing performance was the highlight of a gala
ceremony that included a formal blessing and a prayer from the Bishop of
Winchester and a performance by pop star Natasha Bedingfield.
The
Duchess of Cambridge has been officially designated the godmother of the new
ship, a symbolic title dating back to an earlier nautical era.
She and
William are expecting their first child in mid-July. The baby will become third
in line for the throne behind William and his father, Prince Charles.
William's mother, the late Princess Diana, performed a similar cruise
ship christening on the same spot nearly three decades ago.
The ceremony
on Thursday included a brief tour of the ship for the duchess.The way to get the
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It is expected to be her final
solo engagement before the birth, although she is likely to join other senior
royals at the upcoming Trooping the Colour ceremony.
The duchess's visit
highlighted the importance of the new 3,600-passenger Royal Princess, which is
scheduled to begin cruising the Mediterranean this summer.
The launch of
the new ship is considered a highlight of this year's cruise season and would
have garnered attention from the industry even without Kate's presence. The
vessel's noteworthy features include a large atrium that serves as a social hub
for the ship, as well as a glass-bottomed walkway on the top deck called SeaWalk
that extends 3.5 meters over the ship's edge.cheap replica guccibikini sneakers, The Royal
Princess also has private poolside cabanas that look like they're floating on
water; a private dining venue, Chef's Table Lumiere, which surrounds diners in a
curtain of light; and balconies on all outside staterooms.Three layer anti blow
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The decline in gold prices over the last two months and the Assembly
elections in May have seriously impacted revenues from the real estate
sector,Three layer anti blow PET petprotectivefilm. resulting
in the Stamps and Registration Department missing the target for the first two
months.
Department officials attribute this to the migration of
investors from real estate to gold, which has suddenly become a “hot instrument”
for speculative gain for its comparatively low cost. So much so Union Finance
Minister P. Chidambaram on Thursday appealed to investors to look at other
avenues for investments.
Gold price fell from its peak (about Rs. 32,400
per 10 gm) last September to its recent low (about Rs. 26,000) in April this
year.
“We feel that the number of property transactions have declined
because of the thawing of gold prices. If the same trend continues, small
investors will be favourable to gold than the real estate,” a source told The
Hindu. “With the May elections, purported investments in real estate may have
been diverted also.”
“Another reason for lower registration in Bangalore
could also be a calmer Hyderabad where the pro-Telangana protests have come
down, boosting investor confidence,” a department official said, conceding that
the annual target of Rs. 6,100 crore would be a tough one if the trend
continues.
Venkatesh Babu, former president, Bangalore Jewellers’
Association, acknowledged that the comparatively lower gold price had been good
for the jewellery business for the last two months. Small investors look at gold
for gains, he added.
Balakrishna Hegde, managing director, Chartered
Housing, and former president of Confederation of Real Estate Developers’
Association of India, said: “Declining gold price will have marginal impact on
the industry. The low [property] registration was due to elections. Many
registrations would have been postponed due to the financial year ending March
that would come with a tax burden for buyers.”