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Armed forces quelling terror, oppn seeking proof: PM Modi

Agencies
March 3, 2019

Patna, Mar 3: Hitting out at opposition parties for questioning the recent air strike in Pakistan, Prime Minister Narendra Modi said on Sunday the armed forces were busy quelling terror, but the Congress and its allies are not convinced with their act of bravery.

The statements made by the opposition parties after the preemptive air strike on terror camps have made only people of Pakistan happy, he claimed.

India conducted air strike at a Jaish-e-Mohammed terror camp in Balakot in Pakistan's Khyber Pakhtunkhwa province on February 26.

"When the country needed to speak in one voice, 21 opposition parties gathered in Delhi to adopt a resolution condemning us. They are demanding proof from the armed forces for their act of bravery," the PM said at the BJP's Sankalp rally at Gandhi Maidan here.

He alleged that the opposition parties were "conspiring" against him, he said.

"While I want to eliminate terror, opposition parties are conspiring to finish me," Modi said.

"At a time when our armed forces are fighting enemies across border and within India, some people are making statements to please Pakistan. This is New India, it does not remain silent on killings of its jawans," the prime minister stated.

Talking about development work in Bihar, Modi praised Nitish Kumar-Sushil Kumar Modi combine for their achievements in the state, asserting that the NDA government wants to ensure that all sections in the state gain access to the best of facilities.

The NDA government is working on all departments, including roadways, railways and airways, to improve infrastructure in the state, he said.

Thanking Saudi crown prince Mohammed Bin Salman for increasing Hajj quota in India, he said the favour has not been extended to any other country.

The PM also expressed his gratitude to the crown prince, who visited Delhi recently, for deciding to free 850 Indians detained on various counts.

"This demonstrates India's improved standing and also exposes that Congress pursued politics for its own benefits," he added.

Comments

Indian worrier
 - 
Sunday, 3 Mar 2019

show us the proof,...

we lost 60 army+2 fighter jet+1 civilian= for only 1 terror +3 terror.

 

this is the worst defeat ever indian had after this feku become PM.

 

all hunditva marons listen carefully accept the defeat and put bangle in hand and do mujra dance in front of PM office.

 

you are fit to this.

 

 

 

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Agencies
July 30,2020

Kochi, Jul 30: The Kerala High Court on Thursday refused to grant the extension for the stay of a 74-year-old US citizen, Johnny Paul Pierce, who had earlier said that he felt safer to remain in India than in the United States amid the COVID-19 pandemic.

The single-judge bench of Justice CS Dias, which considered the writ petition, observed that the grant or extension of visa to foreign nationals fall exclusively within the domain of the Government of India (GoI) and that judicial review in such matters is minimal.

The power of the GoI to expel foreigners is absolute and unlimited, the bench said.

"In view of the categoric declaration of law by the Supreme Court, the plea of the petitioner to permit him to stay back in India cannot be accepted, as it falls within the purview of the guidelines and the discretion of the Government of India," the order said.

"The petitioner cannot be heard that the guidelines/policies/regulations formulated by the Government of India, that an American national though has been granted a visa having validity of five years has to leave India within 180 days, is irrational or unreasonable," it added.

The High Court, which was hearing a plea to permit the US citizen to stay in India for a further period of six months, said that the petitioner does not have a case that there is an infraction of Article 21 of the Constitution of India.

"The petitioner was well aware of the visa conditions when he arrived in India, and it is too late in the day for him to raise a grievance on the visa conditions," the bench said noting that the petitioner's love for India was heartening.

The High Court also directed the Foreigners Registration Officer to consider the petitioner's representation within a period of two weeks in accordance with the applicable guidelines and policies.

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News Network
January 21,2020

Jan 21: Indian policymakers may make it easier for companies to tap foreign funding, as a prolonged cash squeeze makes it tough for firms to borrow at home.

Investors are speculating about potential steps Finance Minister Nirmala Sitharaman could unveil when she presents the nation’s budget on Feb. 1. These measures may include freeing up firms to borrow at higher rates and offering tax breaks to global funds.

“The government will need to relax local rules to make it easier for Indian companies to raise debt overseas and tide over the funding crunch in the onshore market,” said Raj Kothari, London-based head of trading at Jay Capital Ltd. “At the same time, they need to ensure that the borrowers tapping offshore markets abide with stricter corporate governance so as to avoid further defaults.”

A prolonged crisis in India’s shadow bank sector and a pile of bad loans at traditional lenders is making it expensive for Indian companies, other than the best-rated firms, to access funding. The government has tried a series of measures to spur domestic credit, including providing so-called credit enhancement and allowing tiny firms to restructure debt.

Here are some steps Sitharaman may consider to spur foreign borrowing:

• She could raise the cap of 450 basis points above Libor, which limits overall foreign debt costs for Indian companies

• This could help lower-rated firms sell bonds abroad. Indian companies rated BBB currently borrow at more than 10%, about 3.8 percentage points more than their top-rated peers;

• Sitharaman could waive the withholding tax foreign investors need to pay on holdings of rupee-denominated debt sold by Indian companies abroad

• The waiver was offered between September 2018 to March 2019, but wasn’t extended as the highest global interest rates since the financial crisis deterred Indian borrowers. Since then, the three-month Libor has dropped by about 1 percentage point

• She could permit Indian property developers and housing finance lenders to sell overseas bonds for reasons beyond affordable housing projects

• New funding lines to the real estate sector, arguably ground zero of India’s economic slowdown, could help kickstart consumption and investment as the industry is the nation’s biggest job-creator.

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News Network
July 6,2020

New Delhi, Jul 6: India's COVID-19 tally neared the 7 lakh mark with 6,97,413 cases after 24,248 new cases were reported in the last 24 hours, said the Union Ministry of Health and Family Welfare.

As per the Health Ministry, there are 2,53,287 active cases in the country while 4,24,432 patients have been cured or discharged. While one patient has migrated.

425 new deaths were reported in the last 24 hours in the country due to COVID-19, taking the number of patients succumbing to the deadly virus to 19,693.

As per the Health Ministry, Maharashtra continues to be the most impacted state from the infection with 2,06,619 cases and 8,822 fatalities due to the virus. Tamil Nadu in second place has a total of 1,11,151 cases and 1,510 fatalities.

The national capital's COVID-19 cases are also nearing the 1-lakh mark with 99,444 coronavirus cases and 3,067 deaths.

The total number of samples tested up to July 5 is 99,69,662 of which 1,80,596 samples were tested yesterday, informed the Indian Council of Medical Research on Monday. 

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