Former Lok Sabha Speaker Somnath Chatterjee dies at 89

Agencies
August 13, 2018

New Delhi, Aug 13: Former Lok Sabha Speaker Somnath Chatterjee passed away at a private hospital in Kolkata on Monday morning following multiple organ failure, a senior hospital official said.

He was 89 and is survived by his wife and two daughters.

Congress President Rahul Gandhi mourned the death of Chatterjee. "He was an institution. Greatly respected and admired by all parliamentarians, across party lines. My condolences to his family at this time of grief," Gandhi Tweeted.

Chatterjee passed away at around 8.15 am after his condition deteriorated following Sunday's "mild heart attack", the official said.

Chatterjee was suffering from a kidney-related ailment and was admitted to the hospital in a critical condition on Tuesday last.

"He suffered a multiple organ failure and had stopped responding to treatment since late last night. He passed away this morning at around 8.15 am," the official told PTI.

Chatterjee had suffered a mild heart attack on Sunday morning but was revived. He was undergoing treatment in the ICCU.

Last month, the former speaker had suffered a hemorrhagic stroke.

He was under treatment for the past 40 days and was discharged from the hospital just for three days after his health showed signs of improvement.

However, his condition deteriorated last Tuesday and he had to be hospitalised again, the official said.

A 10-time Lok Sabha MP, Chatterjee was a central committee member of the CPI(M), which he had joined in 1968.

He was the Speaker of the Lok Sabha from 2004 to 2009.

The veteran leader was, however, expelled from the CPI(M) in 2008 for refusing to resign as the Speaker after his party withdrew support to the UPA-I government.

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News Network
March 2,2020

Mar 2: Two more positive cases of the novel coronavirus -- one in Delhi and another in Telangana -were reported, the Union Health Ministry said on Monday.

The person from Delhi had travelled to Italy, it said adding he is being diagnosed at RML hospital.

The other person with the coronavirus infection has a travel history to Dubai, the ministry added.

"Both the patients are stable and being closely monitored," the ministry said.

Sunitha Krishnan is the name of the patient from Telangana and she is a social activist.

Krishnan has tweeted, "So going to enjoy hospitality at Gandhi Hospital for two days as admitted in the isolation ward suspected coronavirus. They have not started the tests yet( 1.30 hrs since I arrived).I believe the results make take 48hrs. At this pace, I have a feeling I am might be here sometime."

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News Network
March 27,2020

Mumbai, Mar 27: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that Monetary Policy Committee (MPC) has taken note of the global economic activity coming to a near standstill due to the coronavirus pandemic and added that large parts of the world could slip into recession in the coming days to the coronavirus crisis.
"The MPC noted that global economic activity has come to a near stand-still as COVID-19 related lockdowns and social distancing are imposed across a widening swath of affected countries. Expectations of a shallow recovery in 2020, from 2019's decade low in global growth, have been dashed," Das said.
"The outlook is now heavily contingent upon the intensity, spread and duration of the pandemic. There is a rising probability that large parts of the world will slip into recession," he added.
The RBI Governor further added that "the implied GDP growth of 4.7 per cent in Quarter 4 of 2019-20, in the second advance estimates of the National Statistics Office which was released in February 2020, within the annual estimate of 5 per cent for the year as a whole is now at risk."
As per the outlook for the year 2020-21, Das said, "Apart from continuing resilience of agriculture and allied activities most other sectors of the economy will be adversely impacted by the pandemic depending upon, its intensity, spread and duration."
Das also announced a reduction in the repo and reverse repo rates for banks.
"The repo rate has been reduced by 75 basis points to 4.4 per cent. The reserve repo rate has been reduced by 90 basis points to 4 per cent," Das said addressing the media.
The decision for "a sizeable reduction" in the policy repo rate, according to the RBI Governor was taken to "revive growth and mitigate the impact of COVID-19 and ensure financial stability." 

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News Nerwork
June 7,2020

New Delhi, Jun 7: Rain lashed some parts of the Delhi-NCR on Sunday morning.

The India Meteorological Department (IMD) has predicted partly cloudy sky with possibility of development of thunder lightning for three days from June 10 onwards with minimum and maximum temperature will hover around 29° Celcius and 42° Celcius respectively.

Strong surface winds during day time have been predicted for today by IMD.

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