'Aberrations' do not alter India's history of tolerance: Govt

February 6, 2015

New Delhi, Feb 6: Reacting cautiously to US President Barack Obama's concern about religious "intolerance" in India, government today said any "aberrations" do not alter India's history of tolerance.rajnath singh

Two senior Union ministers, Finance Minister Arun Jaitley and Home Minister Rajnath Singh, underlined that India was a multi-religious and multi-cultural country where communities including Muslim, Jewish, Parsis and Christians were present.

They were reacting to Obama's comment in Washington yesterday that the "acts of intolerance" experienced by religious faiths of all types in India in the past few years would have shocked Mahatma Gandhi. Earlier also, Obama, at the end of his three-day visit here last week, had made a strong pitch for religious tolerance, cautioning that India will succeed so long as it was not "splintered along the lines of religious faith".

Addressing the reporters here, Jaitley said, "That any society must be a tolerant society is a fact that each of us has to accept. It's good to be tolerant. India has a huge cultural history of tolerance. Any aberration doesn't alter the history."

He also noted that the best example of tolerance was sitting next to President Obama, that is His Holiness the Dalai Lama, when the statement was made. "It's a part of India's tolerance that even he found it comfortable and India found it comfortable to absorb him in the society," he added.

Reacting to Obama's comments, Singh said in Uttarakhand, "as far as religious tolerance is concerned, it is embedded in our Indian tradition. India is the only country in the world where all the communities including various divisions of Muslims and all sects of Christians are present...In India, Parsis and Jewish are also there."

"The biggest speciality of the Indian culture has been that there has never been discrimination on the basis of caste, community, religion or sect," the Home Minister added.

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Agencies
August 9,2020

New Delhi, Aug 9: Indian on Sunday achieved a grim milestone after recording the highest single-day spike of 64,399 coronavirus cases, according to the Union Ministry of Health and Family Welfare.

As many as 861 deaths were reported in the country in the last 24 hours, taking the cumulative toll to 43,379.

With the new cases, the country's coronavirus count has reached 21,53,011 including 6,28,747 active cases and 14,80,885 cured/discharged/migrated.

Maharashtra has 1,47,355 active coronavirus cases, the highest in the country.

According to the Indian Council of Medical Research (ICMR), 7,19,364 samples were tested on August 8 while over 2.41 crores samples so far have been tested in the country.

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News Network
June 27,2020

New Delhi, Jun 27: Fuel prices were hiked by the oil marketing companies for the 21st day in a row on Saturday. Petrol and diesel will now cost Rs 80.38/litre and Rs 80.40/litre respectively in the national capital.

The price of petrol is increased by Rs 0.25 per litre while that of diesel by Rs 0.21 per litre.
Rates differ from state to state depending on the incidence of value-added tax (VAT).

Notably, oil marketing companies have been adjusting retail rates in line with costs after an 82-day break from rate revision amidst the COVID-19 pandemic. These firms on June 7 restarted revising prices in line with costs.

The Congress party had called the increase in the price of petrol and diesel 'unjust', 'thoughtless' and demanded from the Central government to roll back increase with immediate effect and pass on the benefit of low oil prices directly to the citizens of this country.
In an official statement, the Congress Working Committee (CWC) had said that no government should levy and impose such unacceptable strain on its people.

Before the nation entered the lockdown, the average price of petrol and diesel in Delhi was Rs 69.60 per litre and Rs 62.30 per litre respectively.

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News Network
May 9,2020

May 9: Two more companies are said to be eyeing stakes in Reliance Jio Platforms, the $65-billion digital unit of Mukesh Ambani-controlled Reliance Industries, suggests a Bloomberg report. If these deals materialise, they would add to a growing list of firms that have recently invested in the Indian company.

US private equity firm General Atlantic was considering investing about $850 million to $950 million in the Mumbai-based company, a Bloomberg report said, citing people with knowledge of the matter.

The deal could be completed as soon as this month, though no agreement had been finalised and plans may change, it added.

Saudi Arabia's Public Investment Fund (PIF) is also considering to buy a minority stake in Jio, Bloomberg said in a separate report.

General Atlantic declined to comment on the report, while Jio and PIF did not immediately respond to Reuters request for comment. Hours earlier on Friday, Reliance Industries announced a $1.5 billion stake sale in Jio to Vista Equity Partners, the third deal in just over two weeks.

The conglomerate cut a $5.7 billion deal with Facebook for a 9.99 per cent stake in Jio on April 22 and a few days later, it secured a $750 million investment from private equity firm Silver Lake.

Together the three deals will inject a combined $8 billion in the telecoms-to-energy group and help it pare its debt.

Vista's investment gave Jio an equity value of Rs 4.91 trillion ($65 billion) and an enterprise value of Rs 5.16 trillion, said Reliance, controlled by billionaire tycoon Mukesh Ambani.

The potential investments from New York-based General Atlantic and the Saudi sovereign wealth fund, which manages over $300 billion in assets, would inject money on top of the $8 billion which Jio has already raised.

Saudi's PIF has been buying minority stakes several companies. Last month, it disclosed an 8.2 per cent stake in coronavirus-hit Carnival Corp, sending the cruise operator's shares up nearly 30 per cent higher.

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