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Better to fight war with Pakistan than suffer daily: Ramdev

Agencies
February 19, 2019

Raipur, Feb 19: Yoga guru Baba Ramdev said Tuesday that in the wake of the Pulwama terror attack, India should "fight a war" against Pakistan to teach it a lesson.

He also said India should extend all kind of help to the separatist movement in Balochistan, a southwestern province of Pakistan.

"A befitting reply has to be given to Pakistan and terrorists. First of all, we have to break Pakistan into three pieces," he said.

As many as 40 CRPF jawans were killed in Pulwama in South Kashmir on February 14 in a suicide bombing attack, owned up by Pak-based terror group Jaish-e-Mohammed.

India has lost "over 50,000 soldiers and civilians" so far due to the nefarious activities of Pakistan, Ramdev said, adding, "Now we have to teach a lesson to Pakistan. We must fight a war. Instead of suffering every day, it's better to fight a war and teach Pakistan such a lesson that it can not dare to stand for the next fifty years."

The Yoga guru was speaking to reporters after the launch of a Patanjali apparel store, a venture of his Patanjali group, here.

"India should support financially and politically those who are fighting for freedom in Balochistan and help them with weapons. India should help them in every way to liberate Balochistan," he said.

"The Pakistan-occupied-Kashmir should be merged into India. All the terrorist camps being operated from PoK should be destroyed," Ramdev added.

"Moreover, India should support rebels in Pakistan to launch a rebellion in that country so that it can be destroyed completely. Until then, Pakistan will not stop its nefarious activities," he said.

Ramdev also reiterated that construction of a Ram temple at the disputed site in Ayodhya was not a political issue but it was something linked to the nation's pride.

"I would say to the Muslims that they should come forward and say that a Ram temple should be built because Lord Ram is their ancestor too," he said.

Comments

kumar
 - 
Wednesday, 20 Feb 2019

This dhongi baba is trying to fool public.  If he is no deshbhakt first he should go to border.  Instead of going to border he is provocating innocents to go there.   This dhongi baba is only after lust and enjoyment with young girls in the ashram.   He has good enjoyment in the island donated to him by bjp govt.   let him go to border and support our jawans.   

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Agencies
July 30,2020

New Delhi, Jul 30: India's gold demand in 2020 is expected to fall to the lowest level in 26 years with domestic bullion prices hitting a record high and as falling disposable incomes could curtail retail purchases, the World Gold Council (WGC) said on Thursday.

Lower demand by the world's second-biggest bullion consumer could limit a rally in global prices, which hit a record high earlier this month, although it could also reduce India's trade deficit and support the ailing rupee.

"Fast rising gold prices could act as headwinds," said Somasundaram PR, the managing director of WGC's Indian operations.

Local gold futures have jumped 35% so far this year after rising a quarter in 2019.

India's gold consumption in the first half of 2020 plunged 56% on-year to 165.6 tonnes. Meanwhile, the coronavirus-triggered lockdown also slashed demand by 70% in the June quarter to 63.7 tonnes, the lowest in more than a decade, the WGC said in a report published on Thursday.

Millions of Indians have lost their jobs or taken a pay cut after the country imposed a lockdown on its 1.3 billion people to curb the spread of the virus that has infected more than 1.5 million Indians.

Consumption is generally high during the June quarter due to weddings and key festivals such as Akshaya Tritiya, but lockdown restrictions kept shoppers indoors this year.

The weak demand in the first half could drag down India's gold consumption in 2020 to the lowest since 1994, when demand stood at 415 tonnes, Somasundaram said, adding that it is still difficult to provide an estimate for full-year demand as the coronavirus crisis is still unfolding.

"Indian demand has previously jumped as much as 300 tonnes in a quarter. Latent demand could come out in the second half," Somasundaram said.

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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
May 12,2020

New Delhi, May 12: A total of 12 special evacuation flights from across the globe will bring home stranded Indians on the sixth day of 'Vande Bharat Mission' on Tuesday.

The special flights include Air India flight from Manila to Ahmedabad, London to Hyderabad, Newark-Mumbai-Ahmedabad, AI flight from Singapore to Delhi, AI flight from Dhaka to Srinagar, Dammam to Kochi, Kuala Lumpur to Mumbai, Manila to Delhi, Muscat to Chennai, Dubai to Kannur, Dubai to Mangalore and Singapore-Bengaluru-Kochi.

Amidst the coronavirus pandemic, India is conducting 'Vande Bharat' Mission -- its biggest ever repatriation exercise since independence -- to bring back stranded Indians from abroad, including from the US, the UAE and the UK.

On the fifth day of Vande Bharat Mission, as many as 1,667 Indian nationals were repatriated from different countries in eight special flights.

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