Discussions on surgical strikes will be insult to Army: BJP

October 5, 2016

New Delhi, Oct 5: Hitting out at those "seeking proof" of the surgical strikes in PoK, Union Minister M Venkaiah Naidu today said further discussions on the operations will be an "insult" to the "commendable" task carried out by the Army.

images 6"There is no need to respond to such irresponsible comments and demands. Fortunately, Congress has also realised its mistake and distanced itself from the comments of its leaders...AAP has also made it very clear," he told reporters on the sidelines of an event here.

He said nobody has any doubt about the "credentials and commitment" of the Indian Army which has done a "commendable" job and further discussions on the operations will be an "insult" to the force.

"I don't think any Indian citizen has got any doubt. Nobody is doubting the credentials and commitment of the Indian Army. It did a commendable job...It would be an insult to the Army if we further discuss," he said.

Naidu said the Director General Military Operations (DGMO) himself had given the statement about the operations in full details and also shared the information at an all-party meeting.

He wondered if giving further details will be in the interest of the nation. Observing that entire country is happy about the surgical strikes, he said the world has also acknowledge the step taken by India.

"Only Pakistan is saying something because they have to say something. They are not in a position to conduct funeral or last rites of their own citizens...This is their culture," he said.

Earlier, addressing the event, the minister said India does not want war with anybody, but will give a befitting reply if continuously provoked.

"...We never want a war with anybody. If somebody continuously provokes us, we will give them a befitting reply like our jawans gave the reply recently," he said.

Congress leader Sanjay Nirupam had accused the BJP of indulging in politics over national interest and called the surgical strikes on terror camps as fake, the comments which were slammed by his own party.

Congress leader P Chidmabaram had also reportedly said it was up to the government to give proof of the surgical strikes in which seven terror launch pads in Pakistan-occupied-Kashmir were destroyed by the Army.

Also, Delhi Chief Minister Arvind Kejriwal had on Monday released a video message "saluting" Prime Minister Narendra Modi for the surgical strikes across the LoC and urging him to "unmask" Pakistan's propaganda.

Pakistan has denied that the Indian Army conducted surgical strikes against terrorist units on its side of the border on the intervening night of September 28 and 29.

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Rashid
 - 
Wednesday, 5 Oct 2016

You already made a lot of damage to the credentials of army by dragging it to your political gain. now international media also shown some sign of suspicion

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News Network
July 10,2020

New Delhi, Jul 10: With the highest single-day spike of 26,506 COVID-19 cases and 475 deaths reported in the last 24 hours, the total number of COVID-19 cases in India reached 7,93,802 on Friday, according to the Union Ministry of Health and Family Welfare.

Out of the total number of cases, 2,76,685 are active, 4,95,513 have been cured/discharged/migrated and 21,604 have died so far due to the infection.

With as many as 2,30,599 COVID-19 cases, Maharashtra continues to remain the worst-affected state, followed by Tamil Nadu (1,26,581) and Delhi (1,07,051).

Meanwhile, 2,83,659 samples were tested for coronavirus on Thursday, taking the total number of samples tested up to July 9 to 1,10,24,491, according to the Indian Council of Medical Research (ICMR).

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News Network
July 16,2020

New Delhi, Jul 16: With India's economic growth sputtering, the Reserve Bank of India was expected to maintain a rate-cutting cycle, but an uptick in near-term inflation could give the central bank's Monetary Policy Committee reason to pause for now.

Having cut its key lending rate by an aggressive 115 basis points (bps) in 2020, on top of 135 bps cuts in 2019, the RBI so far has had little success in spurring credit growth amid varying degrees of lockdowns across India.

Some economists and market insiders argue it may be prudent for the MPC, the policy committee, to hold its fire when it meets early next month.

"It's probably too early to administer a demand stimulus. The RBI still has room to cut rates, but we probably want to be more cautious of the timing," said Venkat Pasupuleti, portfolio manager at Dalton Investments.

"Maybe they should wait a quarter to see how things pan out once the lockdown situation is eased further."

Market participants have factored in at least a 25 bps rate cut by the MPC on August 6 while analysts are predicting a total 50-75 bps cuts over the rest of the fiscal year that runs to March 31.

The spike in the retail inflation rate above the RBI's mandated 2%-4% target range is another reason for the central bank to take a breather, analysts say.

Annual retail inflation rose to 6.09% in June, compared to 5.84% in March and sharply above a 5.30% median forecast in a Reuters poll of economists.

Rahul Bajoria, an economist at Barclays, said the spike in both consumer and wholesale prices "could lead to a tempering in enthusiasm for material front-loaded policy support from here on."

Almost all economists however agreed the RBI cannot move away from its accommodative stance or call an end to the rate cutting cycle just yet.

India's economy grew at 3.1% in the March quarter - an eight year low - and some economists have predicted a contraction of more than 20% in the June quarter and a contraction of up to 5% in the fiscal year.

"Even in the event of a pause, we think the RBI and MPC would want to hold out the promise of more cuts," said A. Prasanna, economist with ICICI Securities.

RBI Governor Shaktikanta Das said in a recent speech the need of the hour is to restore confidence, preserve financial stability, revive growth and recover stronger, suggesting inflation concerns are unlikely to deter the downward trajectory for rates too soon.

"The August policy decision would boil down to a judgment call over whether RBI can maintain easy monetary and financial conditions without the aid of a token rate cut," Prasanna said. 

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Agencies
July 7,2020

Bhopal, Jul 7: Anil Mishra, personal assistant to BJP Rajya Sabha MP Jyotiraditya Scindia, has tested positive.

He has been accompanying Scindia throughout his tours post-corona infection.

His contact trail is longer than that of Scindia. He has been in touch with Chief Minister Shivraj Singh Chouhan.

Mishra was present during Scindia's meetings with the MLAs and the swearing in ceremony of the MP ministry on July 2.

BJP sources say there is concern over the possible list of people who will be put in isolation to check the spread of the virus.

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