Am I not doing right thing? Cong, Left trying to oust me: PM Modi

Agencies
April 7, 2019

Udaipur, Apr 7: Hitting out at the Congress and the Left Front, Prime Minister Narendra Modi said on Sunday the opposition parties were hell-bent on removing him from power, even if that meant singing paeans to Pakistan.

Addressing a rally in Udaipur, Modi said the people of Tripura has set a precedent for the entire country by ousting the Left Front government after 25 years.

"Mamata Banerjee's Trinamool Congress has been trying its best to make inroads into Tripura, but people haven't allowed that. They tolerated the atrocities of the Left Front, waiting patiently for the BJP to rise. I thank the people of Tripura for believing in the BJP," he stated.

Modi asserted that the opposition parties could stoop to any level to remove him from power.

"The Congress and the Left are working together to oust Modi. They have stooped too low, singing paeans to Pakistan even when the NDA government was taking on the terrorists on the soil of the neighbouring country.

"Am I not doing the right thing by giving a befitting reply to the enemies of the country?" he asked the people who gathered at the rally.

Taking a jibe at the Congress manifesto, Modi said, "The grand old party came out with their hypocrisy document of 50-60 pages. They haven't mentioned the middle-class even once in the notification.

"The middle-class has long suffered under the Congress rule. Some parties, including the Congress, have said that more taxes should be levied on the middle-class."

Attacking the Left parties, he said, they consider their "party's constitution bigger than that of the country's".

"The Left parties don't want to give the country a direction. They are only keen on improving their own condition," Modi said.

Heaping praise on Chief Minister Biplab Deb, he said the state government has improved the law and order situation and developed infrastructure in just one year.

"Our government has started procuring agricultural produces from the farmers directly. The middlemen and the moneylenders have suffered a setback," he claimed.

Under the Saubhagya scheme, the NDA government has ensured power connection in almost all homes in the state, the prime minister noted.

"As promised before the assembly election, we have initiated work on broad gauge rail line, built bridges, started train services, connecting Agartala with other parts of the country. Work is also underway to give Maharaja Bir Bikram Airport an international makeover," he added.

Election to two Lok Sabha seats in Tripura will be held on April 11 and 18.

Comments

shiju
 - 
Monday, 8 Apr 2019

Dear Modi, please show us one good that you have done.   You did good only to industrialists.  Amit shah and his family have become billionairs within last four years.   Adani and ambani etc have increased their wealth to 100 fold.   Farmers and poors are dying due to poverty and you are misleading other nations by sayig india is shining and there are no poors in India.   attrocities on Dalits / Muslims / OBCs etc have increazsed during last 4 years.   Youths are jobless and are forced to do wrong things.   You have made our life miserable.  

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Agencies
June 2,2020

Singapore, Jun 2: Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negative outlook.

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, volatile oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets, said Moody's.

The Indian banking sector has been affected given the disruptions to India's economic activity from the coronavirus outbreak, which is weakening borrowers' credit profiles, it added.

The 11 lenders include Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Export-Import Bank of India, HDFC Bank, Indian Overseas Bank, IndusInd Bank, Punjab National Bank, State Bank of India and Union Bank of India.

The 11 non-finance companies are Oil and Natural Gas Corporation, Hindustan Petroleum Corporation, Oil India, Indian Oil Corporation, Bharat Petroleum Corporation, Petronet LNG, Tata Consultancy Services, Infosys, Reliance Industries, UPL Corporation and Genpact.

The 11 infrastructure companies are NTPC, NHPC, National Highways Authority of India, Power Grid Corporation, Gail India, Adani Green Energy Restricted Group (RG-2), Adani Transmission Restricted Group, Adani Ports and Special Economic Zone, Adani Transmission, Adani Electricity Mumbai and Azure Power Solar Energy.

The four Indian government-related issuers are Indian Railway Finance Corporation, Housing and Urban Development Corporation, Power Finance Corporation and REC Ltd.

"Government-related issuers in India have been affected because of disruptions to India's economy which will weaken borrowers' credit profiles," said Moody's.

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News Network
May 28,2020

Bhopal, May 28: A Bhopal-based high net worth individual hired a 180-seater A320 plane of a private carrier to ferry four family members to New Delhi, in a bid to avoid crowd at the airport and in flight amid the COVID-19 outbreak, officials said on Thursday.

The person, who is a liquor baron, chartered the aircraft to send to Delhi his daughter, her two children and their maid, who were stuck in Bhopal since the last two months due to the coronavirus-induced lockdown, sources said.

The plane arrived here from Delhi on Monday with crew only and flew back with just four passengers for whom it was specially hired, they said.

"The A320 180-seater plane arrived here on May 25 to carry four members of a family, probably due to the coronavirus scare. It was chartered by someone and there was no medical emergency, an airline official said, refusing to divulge any further details.

Bhopals Rajabhoj Airport Director Anil Vikram could not be contacted for comments.

According to aviation experts, the cost of hiring an Airbus-320 is about Rs 20 lakh.

Domestic commercial flight services resumed from Monday, after a nearly two-month break due to the coronavirus-enforced lockdown.

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News Network
June 1,2020

Jun 1: Gold prices rose on Monday as riots in major U.S. cities rattled investors already reeling from strained Sino-U.S. relations and boosted demand for the safe-haven metal, with a weaker dollar lending further support.

Spot gold gained 0.8% to $1,739.75 per ounce by 0242 GMT. U.S. gold futures ticked up 0.1% to $1,752.60.

"Concerns about the unrest in the United States at the moment appear to be weighing on market sentiment," said Michael McCarthy, chief strategist at CMC Markets, adding that rising tensions between the world's top two economies provided further support to gold.

Protesters have flooded the streets in the United States over the death of George Floyd in police custody, in a wave of outrage sweeping a politically and racially divided nation.

The closely packed crowds and demonstrators not wearing masks have sparked fears of a resurgence of COVID-19, which has killed more than 101,000 Americans.

In Asia, China's state media and the government of Hong Kong lashed out on Sunday at U.S. President Donald Trump's pledge to end Hong Kong's special status if Beijing imposes new national security laws on the city.

Gold is often used as a safe store of value during times of political and financial uncertainty.

Indicative of sentiment, holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, rose 0.3% to 1,123.14 tonnes on Friday, a fresh seven-year high.

Further supporting gold's appeal, the dollar index fell 0.4% against its rivals.

Elsewhere, silver jumped 2% to $18.20 per ounce, its highest since Feb. 26, before retreating slightly to trade 1.8% higher at $18.16.

Speculators cut their bullish positions in COMEX gold and increased them in silver contracts in the week to May 26, the U.S. Commodity Futures Trading Commission said on Friday.

Palladium rose 0.7% to $1,958.25 per ounce, while platinum declined 0.3% to $835.56.

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