Dialogue with Pak after new govt. settles down: Khurshid

June 28, 2013

Khurshid

Srinagar, Jun 28: India on Friday said the composite dialogue with Pakistan will be resumed after the new government in the neighbouring country settles down, and pending confidence building measures between the two countries are implemented.

“It is not good that we say everything right at the outset. The atmosphere is good at the moment. Let it improve further to be conducive for talks,” External Affairs Minister Salman Khurshid told reporters in Srinagar.

“Let them (the new government in Pakistan) settle down and understand their job, then we can resume it. However, there are some issues on which both the government and people expect some progress, and we will get some satisfaction from it. Then things can move on smoothly from there,” he said.

The focus of the government, at present, is to resume sectoral dialogue, whereby progress can be made on certain issues, Mr. Khurshid said after addressing Congress workers at the PCC office in Srinagar.

“Our formulation at the moment is to start a sectoral dialogue. The issues on which we can make forward movement, we will do that. There are some issues on which expecting some quick progress is not possible,” he said.

The External Affairs Minister said there are some confidence building measures which are to be implemented by both the countries to further improve the atmosphere.

“There are confidence building measures like the most favoured nation status (to India) which they had decided earlier, but has not been implemented yet and the new visa regime which we have announced and will enable travel of more people across the border is to be implemented. We can move forward one step at a time,” he said.

Mr. Khurshid said the composite dialogue with Pakistan made good progress and was successful, but some “unfortunate incidents” dealt a setback to the process.

“Talks with Pakistan had progressed a long way and were successful. The composite dialogue that we had started had made good progress. Unfortunately, some incidents took place which became a setback to our efforts and under compulsion, the process stopped,” he added.

The Minister said the government has positively viewed the statements made by Pakistan Prime Minister Nawaz Sharif about relations with India during his election campaign, which he reiterated after assuming office.

“Elections have taken place there under a democratic system and Prime Minister Nawaz Sharif, during his election campaign gave statements and hints, and reiterated them after assuming office. We seen them in positive light and we have responded accordingly,” he said.

On the fallout of the U.S. withdrawal next year from Afghanistan on India, Mr. Khurshid said Washington has assured assured that the talks with Taliban will stay within the “red lines” drawn for the purpose.

“When (U.S. Secretary of State John) Kerry was in New Delhi, he told us that as far as our reservations are concerned, no step will be taken that will harm our interests. Red lines have been drawn and we agree with them. Those (Taliban) who come to talk will believe in the constitution, they will down their arms and snap ties with al-Qaeda, if they have any.

“If they remain within these lines -- the U.S. has time and again said they will -- we think the talks can progress.

The basic thing which we have all agreed upon is that the talks should remain in control of Afghanistan as it is their internal matter,” he added.

Mr. Khurshid said the government has had detailed discussion with the U.S. and Afghan President Hamid Karzai on the issue of talks with Taliban.

“We have had a detailed discussion with the U.S. on the issue. We also talked about it with Mr. Karzai when he was here.We have spoken to other countries as well, like Saudi Arabia and the U.K.

“Right now, nobody knows whether the talks (between the US and Taliban) will succeed. Even the US has not expressed confidence that these talks will move forward. It is an attempt,” he said.

Mr. Khurshid said some things happened during the inaugurating of the Taliban office in Qatar, which were not liked by some people.

“We are (now) told these have been rectified,” he said.

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News Network
July 16,2020

Mumbai, Jul 16: Poet-activist Varavara Rao has tested positive for Covid-19. The 80-year old, named as accused in the Elgar Parishad case, was shifted to state-run JJ Hospital from Taloja central jail where he was lodged after he complained of dizziness. The hospital conducted tests including one for Covid-19 the results for which confirmed that he is positive.

Dr Ranjit Mankeshwar, the dean of JJ Hospital said, “He has shown no symptoms of Covid-19 so far. He has no breathing difficulty and is stable. We will soon shift him to a Covid hospital.” Rao is likely to be shifted to St George hospital.

Last week, Rao’s family had held a press conference after receiving a call from him from prison. His family had then said that his condition was deteriorating and he should be provided immediate medical aid. He was earlier shifted to the hospital when he fell unconscious in jail in May but was discharged within three days. The family had said that he was not provided proper medical treatment.

Last month, a special court had rejected his interim bail plea where he had cited his susceptibility to the virus due to his age and other medical conditions. The court, however, had said the superintendent of prison has been directed to take appropriate measures in such cases where medical attention is required. Before he was shifted to the hospital on Tuesday, Rao was admitted to the hospital ward of the jail and as he had been unable to do basic chores without depending on other inmates.

An appeal against the special court’s order is pending before the Bombay High Court. The plea is likely to be heard tomorrow.

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Naresh
 - 
Thursday, 16 Jul 2020

Real criminals got bail or they r free from jail becoz of corona. Varavara rao and other innocents under custody.

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News Network
March 10,2020

Mar 10: Indian energy tycoon Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks.

The rout, exacerbated by mounting fears that the spread of the novel coronavirus will thrust the world into a recession, erased $5.8 billion from Ambani’s net worth on Monday and pushed him to No. 2 on the list of Asia’s richest people, according to the Bloomberg Billionaires Index. Ma, the Alibaba Group Holding Ltd. founder who relinquished the No. 1 ranking in mid-2018, is back on top with a $44.5 billion fortune, about $2.6 billion more than Ambani.

Oil plunged the most in 29 years on Monday as Saudi Arabia and Russia vowed to pump more in a struggle for market share. The slump comes just as the coronavirus is spurring the first decline in demand in more than a decade. That raises questions about whether Ambani’s flagship Reliance Industries Ltd. will be able to cut net debt to zero by early 2021, as he has pledged. The plan hinges on a proposal to sell a stake in the group’s oil and petrochemicals division to Saudi Arabian Oil Co., the world’s biggest crude producer.

While the coronavirus has curtailed some of tech giant Alibaba’s businesses, the damage has been mitigated by increased demand for its cloud computing services and mobile apps.

Reliance Industries, by comparison, has no such silver lining. The Indian conglomerate’s shares plunged 12% on Monday, the most since 2009, extending this year’s decline to 26%. Alibaba’s American depositary receipts have slipped 6.8% so far in 2020.

Ma reclaims crown after Reliance shares were pummeled in 2020.

Few of the world’s billionaires fared well in Monday’s collapse as the S&P 500 Index and Dow Jones Industrial Average each plunged more than 7.5%, the most since the 2008 financial crisis, threatening to end the longest bull market in history. But no one did worse than those whose fortunes are underpinned by oil. Wildcatter Harold Hamm’s fortune was cut almost in half to $2.4 billion and fellow oil magnate Jeff Hildebrand lost $3 billion, bumping both from Bloomberg’s 500-member wealth ranking.

In a pivot toward new businesses such as telecommunications, technology and retail, Ambani’s Reliance Industries has piled on billions of dollars of debt over the years.

It spent almost $50 billion -- most of it funded by borrowings -- to build Reliance Jio Infocomm Ltd., which became India’s No. 1 wireless carrier within about three years of its debut. As the mobile venture took off, Ambani also unveiled plans for an e-commerce empire to rival Amazon.com Inc. in India.

Addressing concerns over the liabilities, Ambani pledged in August to cut the group’s net debt to zero from about $21 billion as of last March. The Aramco deal is crucial to that plan for which Reliance Industries has valued its oil-to-chemicals division at $75 billion including debt, implying a $15 billion valuation for the 20% stake that’s for sale.

Signs of a potential delay to that deal unnerved some investors, hammering the stock since it touched a record high on Dec. 19.

Reliance Industries expected the Aramco transaction to be completed by March, but people familiar with the matter said in February that talks were still ongoing to bridge differences between the two parties over the deal’s structure.

Adding to the uncertainty, Indian Prime Minister Narendra Modi’s administration has petitioned a court to halt the proposed stake sale, threatening a key source of funds needed to pare net debt.

But Ambani, 62, may soon bounce back from the setback, said Harish H.V., managing partner at ECube Investment Advisors in Bengaluru, India.

“The game isn’t over,” he said. “Ambani has successfully built a robust business model which would keep him in the game. Moreover, his telecom business will start yielding results in coming years.”

Comments

SmR
 - 
Tuesday, 10 Mar 2020

The curses of the bank depositors savings which vanished with collapsing economy and fraudlent seems to have gradully affecting riches of Ambani's.

 

AU
 - 
Tuesday, 10 Mar 2020

in Holy Quran Allah says; but they plan and Allah plans, and Allah is the best planners..(Surah Al Anfal 8:30)

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News Network
June 18,2020

New Delhi, Jun 18: Republican Party of India (RPI-A) leader Ramdas Athawale on Thursday urged Indians to boycott Chinese food and asked for a ban on all restaurants which serve the cuisine.

"Restaurants selling Chinese food should be banned. Restaurants should be closed by the order of the state government. I appeal to people who consume Chinese food to boycott it," Athawale told ANI here.

The Union Minister also said that both the products which come from China and its literature should also be banned in the country.

"The Chinese literature should also be banned, its products too should be banned and its companies too should not be given business here. We should develop such companies in the country which can manufacture the same products here," he added.

Athawale also warned China to reconsider its actions and stop its nefarious activities on the border by saying, "You took Buddha from us but we don't want yuddha (war) with you. A war will prove to be costly for both countries, economically and loss of lives will also occur. If we (Indians) are not crossing the border then why are you doing so?"

Athawale's statements came after at least 20 Indian Army personnel, including a Colonel rank officer, lost their lives in the violent face-off in the Galwan valley area of Ladakh on June 15.

The clash happened as a result of an attempt by the Chinese troops to "unilaterally change" the status quo during de-escalation in eastern Ladakh and the situation could have been avoided if the agreement at the higher level been scrupulously followed by the Chinese side, India said on June 16.

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