Have 'achche din' come? Most will say ‘no’: Tharoor

Agencies
July 29, 2018

New Delhi, Jul 29: The Congress is raising real issues such as farmers plight, while the BJP is "seizing" on anything to promote its "polarisation agenda" as it has no achievements to show, senior Congress leader Shashi Tharoor said on Sunday, asserting that the saffron party's 'achche din' promise remains unfulfilled.

Claming that the government has "failed" on the foreign policy front, Tharoor in an interview to PTI said the Congress would highlight these "failures" as also the so called schemes that have remained "empty slogans" with no effect on the ground

"The simple question to the voters is: Are you better off than you were in 2014? Have 'achche din' come for you? Most will say no," he asserted.

'Achche din' was a popular slogan coined by the BJP in the run up to the 2014 polls that reverberated throughout India as the Narendra Modi-led BJP government came to power with a thumping mandate.

The MP from Thiruvananthapuram also said Congress president Rahul Gandhi's speech during the no-confidence debate in Parliament earlier this month clearly showed that the party was setting the agenda, raising issues such as the “Rafale scam” and the plight of farmers.

Asked what had brought about the change in Gandhi’s image from a “reluctant politician” to a “real challenger”, he said it was the Congress chief’s own efforts.

“Rahul Gandhi has been especially sharp and incisive in his statements, while at the same time attentive and involved with the concerns of the country. His enthusiasm on social media, his wit, energy and sense of humour are all on display,” the former Union minister said.

“This is a man whose engagement on social media platforms speaks to a wider engagement with politics. There is neither ‘reluctance’ nor frivolity on display here, only commitment and passion to make a better India,” he said.

Tharoor, whose ‘Hindu Pakistan' and ‘Taliban in Hinduism’ remarks had created a furore recently, said he does not regret the comments.

He asserted that the challenge in saying anything was how quickly the BJP and the media take it out of context to whip up a controversy.

"I did not say India is a Hindu Pakistan. I said if the BJP wins again and has the strength in both Houses of Parliament and the states, there will be nothing restraining them from fulfilling their project of creating a Hindu Rashtra, which would be a mirror image of Pakistan (since it too would be state for a religious majority) and so reduce us to a Hindu Pakistan," he clarified.

Members of the BJPs youth wing -- Bhartiya Janata Yuva Morcha (BJYM) -- had defaced Tharoor's office in Kerala while demanding an apology for his "Hindu Pakistan" comments.

Explaining his 'Taliban in Hinduism' remark, Tharoor said he used the expression after the attack on his constituency office.

After the attack, Tharoor at a public rally in Thiruvananthapuram had said, "Who gave them the right to decide I can't live here and must go to Pakistan? Are they saying that because I am not their kind of Hindu, I have no right to be in India? Are they starting a Taliban in Hinduism?"

"But whether I had said any of this or not, the BJP will seize on anything to promote their agenda of communal polarisation, because they have no other achievements to point to," he alleged.

The senior Congress leader also accused the BJP of making efforts to take away the focus from real issues, claiming that on the real issues the saffron party will lose.

Tharoor asserted that inclusive politics was good for the country, and alleged that the BJP had unleashed a "climate of hatred, intolerance and division that will only hurt India".

He said that in the run-up to the 2019 polls, the Congress would raise issues such as inflation, the rise in prices of fuel and cooking gas, increase in unemployment, the "disaster of demonetisation", the "botched rollout of the GST", agricultural stagnation and farmer suicides among others.

Asked if the leadership issue among opposition parties would be settled after the general election depending upon the number of seats they get, Tharoor said, "Probably. Each party has its own leader. Ours is Rahul Gandhi."

On the BJP's charge that the Congress indulges in appeasement of minorities, he asked that if the minorities had been appeased for so long, why were the Muslims disproportionately poor, less literate, more unemployed than other communities.

"The Congress wishes to help the weakest and most marginalised sections of our society -- and that happens to include the minorities, but also Dalits, Adivasis, women, the disabled," he said.

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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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Agencies
August 6,2020

New Delhi, Aug 6 : With a single-day spike of 56,282 new COVID-19 cases and 904 deaths in the last 24 hours, India's COVID-19 tally reached 19,64,537 on Thursday.

With the increase of 904 deaths, the toll due to the disease now stands at 40,699 in the country, according to the Union Ministry of Health and Family Welfare (MoHFW).

The COVID-19 count includes 5,95,501 active cases and 13,28,337 cured/discharged/migrated patients.

Meanwhile, as per the MoHFW, the percentage of discharged patients stands at 67.62, while the active cases are at 30.31 in the country as of today.

The deaths reported due to the infection are currently at a little above two per cent of the total confirmed cases in the country.

Maharashtra with 1,46,268 active cases and 3,05,521 cured and discharged patients continues to be the worst affected. The state has also reported 16,476 deaths due to the infection.

Tamil Nadu has 54,184 active cases while 2,14,815 patients have been discharged after treatment in the state. 4,461 deaths have been reported due to COVID-19 in the state.

Andhra Pradesh with 80,426 active cases is the third on the list. There are 1,04,354 cured and discharged patients and 1,681 deaths reported from the state.

The national capital's active cases tally once again crossed the 10-thousand mark with 175 new cases being reported. Delhi now has 10,072 active cases and 1,26,116 cured and discharged patients. 4,044 people have lost their lives due to the disease in the Union Territory so far.

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News Network
February 17,2020

New Delhi, Feb 17: Indian officials denied entry to British lawmaker Debbie Abrahams on Monday after she landed at New Delhi's Indira Gandhi International Airport.

Debbie Abrahams, a Labour Party Member of Parliament who chairs a parliamentary group focused on the Kashmir, was unable to clear customs after her valid Indian visa was rejected, her aide, Harpreet Upal, told The Associated Press.

Abrahams and Upal arrived at the airport on an Emirates flight from Dubai at 9 am. Upal said the immigration officials did not cite any reason for denying Abrahams entry and revoking her visa, a copy of which, valid until October 2020, was shared with the AP. A spokesman for India's foreign ministry did not immediately comment.

Abrahams has been a member of Parliament since 2011 and was on a two-day personal trip to India, she said in a statement.

"I tried to establish why the visa had been revoked and if I could get a 'visa on arrival' but no one seemed to know," she said in the statement.

"Even the person who seemed to be in charge said he didn't know and was really sorry about what had happened. So now I am just waiting to be deported ... unless the Indian Government has a change of heart. I'm prepared to let the fact that I've been treated like a criminal go, and I hope they will let me visit my family and friends."

Abrahams has been an outspoken critic of the Indian government's move last August stripping Jammu and Kashmir of its semi-autonomy and bifurcating the state into two Union Territories.

Shortly after the changes to Kashmir's status were passed by Parliament, Abrahams wrote a letter to India's High Commissioner to the UK, saying the action "betrays the trust of the people" of Kashmir.

India took more than 20 foreign diplomats on a visit to Kashmir last week, the second such trips in six months.

Access to the region remains tight, with no foreign journalists allowed.

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