Dubai-based doctor who studied in Mangaluru gifted me the watch, says CM

[email protected] (CD Network)
February 26, 2016

Bengaluru, Feb 26: Chief Minister Siddaramaiah, who has decided to announce his luxury watch as a state asset, revealed that it was it was a “gift” from his Dubai-based doctor and friend Girish Chandra Varma.

siddaramaiahThe Chief Minister, who came under severe attack from the Opposition JD(S) and the BJP on the “expensive and imported” watch, said: “Dr. Varma gifted me the watch last July when he visited India. I have been a close friend of Dr. Varma since 1983.” Mr. Siddaramaiah said he would pay the gift tax for the watch and provide information to the Lokayukta before July-end during declaration of assets and liabilities.

“I received the gift in July (2015) and I will provide information to the Income Tax Department before March 15. I will not wear the watch, instead I will donate it to the government to preserve it,” the Chief Minister said.

Mr. Siddaramaiah said Dr. Varma studied MBBS in Davangere and completed his postgraduation in Mangaluru. He later practised in France and the U.S. He now resides in Dubai. When the doctor visited India in July 2015, he removed the watch from his wrist and gifted it to Mr. Siddaramaiah. The doctor will provide all details of the watch, including bill receipt and payment of taxes, when he visits India this July.

“The doctor meets me whenever he comes to India and Bengaluru,” the Chief Minister said. “Dr. Varma is a cardiac surgeon. He has been my friend for more than 30 years. He gave me the gift as a gesture of affection and friendship. According to Dr. Varma, the value of the watch is 75,000 dirham,” Mr. Siddaramaiah said, adding that JD(S) leader H.D. Kumaraswamy has been making the watch “a big issue without any basis”.

During the run-up to the elections to rural local bodies, Mr. Kumaraswamy had alleged that Mr. Siddaramaiah, who boasts of socialist credentials and pro-poor policies, was wearing a watch worth Rs. 50 to Rs. 60 lakh, and sunglasses valued at Rs. 2 lakh. In its petition to the Enforcement Directorate, the BJP had urged the ED to conduct an inquiry into the Rs. 70 lakh Swiss wrist watch.

Asked whether he would file a defamation case against the JD(S) leader, the Chief Minister said he would not indulge in such “low-level politics”.

Comments

Uday
 - 
Friday, 26 Feb 2016

Congratulations to Siddaramaiah for making the BJP's job easier. Hope he continues to lend his helping hand with his watch:)

Sumathi
 - 
Friday, 26 Feb 2016

It seems Siddaramaiah had said he wud sell his watch to anyone who paid him even Rs 5 lakh for it. Ready to beg, steal or borrow.

Suresh Vamanjoor
 - 
Friday, 26 Feb 2016

37 Chennai &38 Bangalore ranking is pretty bad. Siddaramaiah can utilise money from d auction of his watch to clean a mini area

Sidda
 - 
Friday, 26 Feb 2016

After Modi’s luxury suit, Karnataka CM Siddaramaiah’s Rs 70 lakh watch to be auctioned`

Ravi
 - 
Friday, 26 Feb 2016

Siddaramaiah Govt must stop fooling people & work for the State. If not time will run out even on his 70 lakhs watch

priyanka
 - 
Friday, 26 Feb 2016

Modi's few thousand worth suit becomes worth 10 lacs with nonstop coverage. But Siddaramaiah's 70 lacs watch doesn't get any coverage

reshma
 - 
Friday, 26 Feb 2016

It's a second hand watch gifted to me. I'll pay gift tax, won't wear it &will make a state asset

Vaman Rai
 - 
Friday, 26 Feb 2016

Will pay tax on Rs 70 lakh watch which was gifted to me but will not wear it, says Karnataka Chief Minister Siddaramaiah

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News Network
January 4,2020

Thiruvananthapuram, Dec 4: Depressed over the communal and racist policies of union government, a 67-year-old retired school headmaster committed suicide allegedly after losing matriculation certificates and documents related to his father.

The victim was identified as Mohammed Ali a resident of Narikunni in Kozhikode district in north Kerala.

On finding Ali missing from home on Friday morning, his family members conducted a search in the nearby areas. His body was later found in a well located in one of his relative’s compound nearby.

A suicide note recovered, suspected to have been written by the victim read, “I have lost all my important certificates. Matriculation certificates of me and my wife. Old documents of my father are also missing. I think all these documents were given away along with the waste recently. None should be held responsible for my foolish act. You may get into trouble.”

According to relatives, Ali was under severe stress after regularly watching programmes related to CAA. He was also actively involved in anti CAA campaign.

“He was worried about the documents and had serious apprehensions about future,” said his younger brother Abdul Nasser.

“After attending an anti CAA meeting in Kozhikode he had shared his apprehensions. He used to frequently discuss the topic with others ,” recollected Jaffer a local resident.

Ali also had health complications. Meanwhile, the local police said that preliminary investigations suggested that the man could have taken the extreme step after losing documents. However, the reason behind the suicide could be said conclusively after detailed probe.

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News Network
April 21,2020

Global oil markets remained under intense pressure on Tuesday, with Brent crude dropping below $20 per barrel for the first time in 18 years while other major benchmarks across the world tumbled. 

Brent, the international crude marker, slipped to $18.10, indicating that markets see no immediate let-up to the collapse in oil demand that sent some US oil benchmarks plunging under $0 for the first time on Monday, leaving producers paying for buyers to take their oil away while available storage is scarce.

Coronavirus has sent the oil sector into a state of crisis, with lockdowns implemented by authorities to smother the outbreak slashing demand for crude by as much as a third.

Contracts for the US benchmark West Texas Intermediate for delivery next month tumbled as low as minus $40 a barrel on Monday. Analysts at Citi warned that “if global storage worsens more quickly, Brent could chase WTI down to the bottom”.

The collapse in the May WTI contract was partly a technical product of the fact that it expires on Tuesday, meaning trading volumes were low and making the contract for June delivery more noteworthy, analysts said. That contract held above $20 a barrel on Monday but slid as much as 42 per cent on Tuesday to trade at lows of $11.79, suggesting the blowout in the May contract was more than a blip and that the entire global oil market faced challenges.

Goldman Sachs analysts said the June contact was likely to face downward pressure in the coming weeks, pointing to the “still unresolved market surplus”.

“As storage becomes saturated, price volatility will remain exceptionally high in coming weeks,” they said. “But with ultimately a finite amount of storage left to fill, production will soon need to fall sizeably to bring the market into balance, finally setting the stage for higher prices once demand gradually recovers.”

Warren Patterson, head of commodities strategy at ING, said it was likely that “storage this time next month will be even more of an issue, given the surplus environment”.

“And so in the absence of a meaningful demand recovery, negative prices could return for June,” he added.

European equities traded lower, partly dragged down by weaker energy stocks. The continent-wide Stoxx 600 was down 1.9 per cent, with its oil and gas sub-index dropping 3.3 per cent. In London the FTSE shed 1.7 per cent, while Frankfurt’s Dax slid 2.3 per cent. 

Equities were also broadly lower in Asia, with futures tipping US stocks to fall 1 per cent when trading in New York begins later.

On Wall Street overnight, the S&P 500 closed down 1.8 per cent, partly because of weakness in energy shares, but also due to increased pessimism over the time it will take for countries to emerge from lockdowns.

In fixed income, the yield on the 10-year US Treasury fell 0.03 percentage points to 0.585 per cent as investors retreated to the safety of the debt.

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Agencies
June 13,2020

New Delhi, Jun 13: Loss of smell or taste has been added to the list of COVID-19 symptoms, according to the revised clinical management protocols released by the Union Health Ministry on Saturday.

The ministry said that coronavirus-infected patients reporting to various COVID-19 treatment facilities have been reporting symptoms like fever, cough, fatigue, shortness of breath, expectoration, myalgia, rhinorrhea, sore throat and diarrhea.

They have also complained of loss of smell (anosmia) or loss of taste (ageusia) preceding the onset of respiratory symptoms.

Older people and immune-suppressed patients in particular may present with atypical symptoms such as fatigue, reduced alertness, reduced mobility, diarrhoea, loss of appetite, delirium, and absence of fever, the ministry said.

Children might not have reported fever or cough as frequently as adults.

The US's national public health institute, the Centers for Disease Control and Prevention (CDC), had in early May incorporated "a new loss of taste or smell" in the list of COVID-19 symptoms.

According to the data from Integrated Health Information Platform and Integrated Disease Surveillance Programme, portal case investigation forms for COVID 19 (n=15,366), the details on the signs and symptoms reported are (as on June 11), fever (27 per cent), cough (21 pc), sore throat (10 pc), breathlessness (8 pc), Weakness (7 pc), running nose (3pc ) and others 24 pc.

According to the health ministry, people infected by the novel coronavirus are the main source of infection.

Direct person-to-person transmission occurs through close contact, mainly through respiratory droplets that are released when the infected person coughs, sneezes, or talks.

These droplets may also land on surfaces, where the virus remains viable. Infection can also occur if a person touches an infected surface and then touches his or her eyes, nose, or mouth.

The median incubation period is 5.1 days (range 2–14 days). The precise interval during which an individual with COVID-19 is infectious is uncertain.

As per the current evidence, the period of infectivity starts 2 days prior to onset of symptoms and lasts up to 8 days.

The extent and role played by pre-clinical/ asymptomatic infections in transmission still remain under investigation.

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