Hindus have no aspiration of dominance; we don’t even kill pests: RSS chief at Chicago WHC

Agencies
September 8, 2018

Chicago, Sept 8: Hindus have no aspiration of dominance and the community will prosper only when it works as a society, RSS chief Mohan Bhagwat has said and urged the community leaders to unite and work for the betterment of the mankind.

Addressing a gathering of some 2,500 delegates attending the second World Hindu Congress here, Bhagwat said one of the key values to bring the whole world into a team is to have controlled ego and learn to accept the consensus.

The second World Hindu Congress marks the commemoration of the 125th anniversary of Swami Vivekananda's historic speech at the Parliament of the World's Religions in 1893 in Chicago.

"If a lion is alone, wild dogs can invade and destroy the lion. We must not forget that. We want to make the world better. We have no aspiration of dominance. Our influence is not a result of conquest or colonisation,” he said.

Bhagwat said a sense of idealism is good and described himself not as "anti-modern", but as "pro-future". He sought to describe Hindu dharma as "ancient and post-modern".

"Hindu society will prosper only when it works as a society," he said at the conference inspired by the Hindu principle 'Sumantrite Suvikrante' or 'Think Collectively, Achieve Valiantly'.

"One of the key values to bring the whole world into a team is to have controlled ego and learn to accept the consensus. For example, Lord Krishna and Yudhishtra never contradicted each other," Bhagwat said.

In this context, he alluded to the war and politics in the Hindu epic Mahabharata and said politics cannot be conducted like a meditation session, and it should be politics.

"To work together, we have to accept the consensus. We are in a position to work together," Bhagwat said.

He urged the conference attendees to discuss and evolve a methodology to implement the idea of working collectively.

He said the Hindu society has the largest number of meritorious persons.

"But they never come together. Coming together of Hindus in itself is a difficult thing," he said.

He noted that Hindus had been suffering for thousands of years because they forgot to practice its basic principles and spiritualism.

"We have to come together," Bhagwat said, noting that all the people need not to register under one umbrella.

He noted that Hindus had been suffering for thousands of years because they forgot to practice its basic principles and spiritualism.

Addressing the congress on the theme drawn from the Mahabharat, 'Think Collectively, Act Valiantly,' Bhagwat highlighted the need for such an action, and how Hindus should work together.

He said in Hindu dharma, even a pest is not killed, but controlled.

"Hindus don’t live to oppose anybody. We even allow the pests to live. There are people who may oppose us. You have to tackle them without harming them," Bhagwat said.

SP Kothari, chair of WHC, said he and many speakers attending the conference received calls and petitions from organisations and individuals to withdraw from the Congress on the ground WHC or some of its organisers are "socially and religiously divisive."

"I categorically reject this supposition," Kothari said.

"I urge them to listen to my talk and reflect on whether it is tainted with hate. I have chosen to disregard those petitions as originating from a lack of complete understanding of the Word Hindu Congress," Kothari said.

"The three goals of WHC are: enlighten, reform and advance. WHC brings enlightenment throughout the world about Hindu community through spirituality, harmony and inclusiveness," he said.

"Hindus must reform and be in the forefront in eliminating social and economic inequality, fostering cooperation among those with ideas and resources, and view commerce as a means to furthering Hindu dharma for a better tomorrow," he said.

Vice-president of the Republic of Suriname, Ashwin Adhin, in his address said, “We as Hindus never forsake our mission. Hindus have always been the missionaries of renunciation and service.”

"Words like peace, harmony and spirituality do not appeal to ordinary people easily and they have to be framed in the right perspective terms so that they become established in people’s mind," Adhin said.

Addressing the “confluence of Hindu leadership who have come to connect, share ideas and inspire one another and impact the common good,” WHC coordinator Abhaya Asthana stated we have gathered to reaffirm the same message of diversity, cooperation and universal acceptance uttered by Swami Vivekananda 125 years ago.

WHC, he stated, is not an event, but rather a community movement. It seeks to encourage Hindus around the world to ascend to the highest levels of excellence.

Speaking at the confrence, actor Anupam Kher said Hinduism is a way of life and one becomes a Hindu by living like one.

"Tolerance was the centerpiece of Vivekananda’s message. Despite being refugees in their own country, Kashmiri Pandits have practiced tolerance for 28 years like nobody ever has," he said.

"As a Hindu, it pains me deeply to see how half knowledge and ignorance are trying to destroy one of the world’s oldest, most peaceful religions,” he said.

Comments

SATYA VISHWASI
 - 
Sunday, 16 Sep 2018

As the name itself indicates - (Rastriya Sullu Sangha )- RSS , Telling lies is in their blood,

Cow-Swami
 - 
Saturday, 8 Sep 2018

The nation wants to know why does RSS not kill pests? 

Bhaktasura
 - 
Saturday, 8 Sep 2018

World Hindu Congress? Next time please rename it as World Hindu BJP! Otherwise tomorrow onward PM Modi may raise slogan of Congress Mukt World instead of Congress Mukt Bhartat. 

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News Network
January 21,2020

Beijing, Jan 21: The Chinese official investigating a pneumonia outbreak stemming from a new coronavirus said the disease can spread from person to person but can be halted with increased vigilance, as authorities on Tuesday confirmed a fourth death.

Zhong Nanshan said there was no danger of a repeat of the Severe Acute Respiratory Syndrome (SARS) epidemic that killed nearly 800 people globally during a 2002-2003 outbreak, which started in China, as long as precautions were taken.

"It took only two weeks to identify the novel coronavirus," state news agency Xinhua quoted Zhong as saying late on Monday.

The outbreak was still in its early stages and China had good surveillance and quarantine systems to help control it, he added.

The outbreak has spread from the central city of Wuhan to cities including Beijing and Shanghai, with more than 200 cases reported so far. Four cases have been reported outside China - in South Korea, Thailand and Japan.

Australia on Tuesday said it would screen passengers on flights from Wuhan amid rising concerns that the virus will spread globally as Chinese travellers take flights abroad for the Lunar New Year holiday starting this week.

Authorities around the globe, including in the United States and many Asian countries, have stepped up screening of travellers from Wuhan.

Chinese authorities confirmed a total of 217 cases of the virus in China as of 6 p.m. (1000 GMT) on Monday, state television reported, 198 of which were in Wuhan.

A fourth person died on Jan. 19, the Wuhan Municipal Health Commission said. The 89-year-old man, who had underlying health diseases including coronary heart disease, developed symptoms on Jan. 13 and was admitted to hospital five days later, it added.

Zhong, who is renowned in China for his work fighting SARS in 2003, confirmed that the virus can pass from person-to-person.

Fifteen medical workers in Wuhan had been diagnosed with pneumonia, with one other suspected case, the Wuhan Municipal Health Commission said. Of the infected staff, one was in critical condition.

In Shanghai, officials on Tuesday confirmed a second case involving a 35-year-man who had visited Wuhan in early January, and said they were monitoring four other suspected cases.

The virus causes a type of pneumonia and belongs to the same family of coronaviruses as SARS. Symptoms include fever and difficulty in breathing, which are similar to many other respiratory diseases and pose complications for screening efforts.

The World Health Organisation (WHO) said on Monday an animal source appeared most likely to be the primary origin of the outbreak and that some "limited human-to-human transmission" occurred between close contacts.

The Geneva-based U.N. agency convened an emergency committee for Wednesday to assess whether the outbreak constitutes an international health emergency and what measures should be taken to manage it.

So far, the WHO has not recommended trade or travel restrictions, but a panel of independent experts could do so or make other recommendations to limit spread.

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News Network
January 22,2020

Davos, Jan 22: President Donald Trump has said that the US is watching the developments between India and Pakistan over Kashmir "very closely" and repeated his offer to "help" resolve the longstanding dispute between the two neighbours as he met Prime Minister Imran Khan on the sidelines of the World Economic Forum here in the Swiss ski resort.

Addressing the media with the Pakistan Prime Minister prior to their private meeting on Tuesday, President Trump asserted that trade and borders were both critical points for discussion, while Khan said that for him, Afghanistan was the top priority.

Trump told Khan, whom he referred to as "my friend", that he would speak to Prime Minister Narendra Modi about the ongoing Kashmir issue. The US president is expected to visit India in the coming weeks, marking his first visit after taking up his post in the White House.

"What's going on between Pakistan and India … if we can help, we certainly will be willing to. We have been watching it very closely and it's an honour to be here with my friend," he said.

"The Pakistan-India conflict is a very big issue for us in Pakistan and we expect the US to always play its part in deescalating the tensions, because no other country can," Khan said.

President Trump has repeatedly offered to mediate following India's August 5 decision to revoke the special status to Jammu and Kashmir and bifurcate the state into two Union Territories, evoking strong reaction from Pakistan which has been trying to internationalise the Kashmir issue.

New Delhi has defended the move, saying Jammu and Kashmir is an integral part of India and the issue was strictly internal to the country, and the special status provisions only gave rise to terrorism in Jammu and Kashmir.

"The country took the decision of abrogation of Article 370, which had only given separatism and terrorism to that state," Prime Minister Narendra Modi said at a function in October last year.

This is the third meeting between Trump and Khan since Pakistan premier assumed office in 2018 and it came against the backdrop of Pakistan Foreign Minister Shah Mehmood Qureshi's recent trip to the US, amid reports that the US and Afghan Taliban were close to striking a peace deal.

"There are issues we want to talk about. The main issue is Afghanistan because it concerns the US and Pakistan. Fortunately, we are on the same page. Both of us are interested in peace there and an orderly transition in Afghanistan with talks with Taliban and the government," Khan said.

When a reporter asked Trump if he would visit Pakistan considering he was already set to visit India, the US president said he was meeting the Pakistan premier in Davos.

"Well, we're visiting right now. So we don't really have to. I wanted to say that from a relationship standpoint, we got a great relationship. From the standpoint our two countries, we're getting along very well. I would say we've never been closer with Pakistan the way we're right now. And this is a big statement," Trump said.

Khan left for Switzerland to attend the World Economic Forum and meet the world leaders, including President Trump, on the sidelines of the annual event which kicked off at the ski resort town of Davos on Tuesday.

The four-day summit marks the 50th anniversary of the forum.

A total of 53 heads of State are on the guest list. Nearly 3,000 participants from 118 countries are expected to attend the event during which political leaders, business executives, heads of international organisations and civil society representatives are set to deliberate on contemporary economic, geopolitical, social and environmental issues.

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News Network
March 6,2020

New Delhi, Mar 6: Shares of YES Bank and State Bank of India came under huge selling pressure on Friday as developments unfolded regarding SBI picking stake in the private lender. Shares of the lender hit record low of Rs 5.55, plunging 85 per cent, and were trading below its previous low of Rs 8.16 hit on March 9, 2009.

SBI, on the other hand, slumped 11 per cent to Rs 257.35 on the BSE. The benchmark S&P BSE Sensex was trading with a cut of over 3 per cent at 37,251.37 level.

In the past three months, share price of the private lender has plunged 41 per cent, while the state-owned lender has slipped 14 per cent. In comparison, the S&P BSE Sensex has dipped 5.6 per cent till Thursday.

On Thursday, the Reserve Bank of India superseded the board of troubled private sector lender YES Bank and imposed a 30-day moratorium on it “in the absence of a credible revival plan” amid a “serious deterioration” in its financial health.

During the moratorium, which came into effect from 6 pm on Thursday, YES Bank will not be allowed to grant or renew any loans, and “incur any liability”, except for payment towards employees’ salaries, rent, taxes and legal expenses, among others.

This is the first time that a bank of this size will be put under a moratorium by the RBI.

“The financial position of YES Bank had undergone a steady decline “largely due to inability of the bank to raise capital to address potential loan losses and resultant downgrades, triggering invocation of bond covenants by investors, and withdrawal of deposits,” RBI said in a statement.

“After the moratorium, the next step will be to infuse to money and keep the bank afloat. So from shareholders’ point of view, the future is certainly hazy as the capital requirement is huge. The good part, however, is that the RBI has stepped in and depositors don't have to worry,” says Siddharth Purohit, a research analyst at SMC Securities.

Meanwhile, analysts at Nomura believe that placing the Bank under moratorium implies that equity value in the bank would be negligible, and that the chances of private capital participating in future capital raising plan are near zero.

"Any resolution for Yes Bank is more proposed from the perspective of deposit holders and systemic stability, and not from the perspective of Yes Bank equity investors or even perpetual bond holders," they wrote in a note dated March 6.

In another development, SBI’s Board Thursday gave in-principle approval to consider an “investment opportunity” in YES Bank, even as it said “no decision had yet been taken to pick up stake in the bank”.

According to a  report, highly-placed sources indicated a rescue plan involving SBI and Life Insurance Corporation of India (LIC) was being discussed and an announcement in this regard might be made soon.

“While the finer details of the deal are being worked out, it is anticipated that both SBI and LIC together will take a 51 per cent stake in the bank, with a one-year lock-in period,” the report said.

Most analysts believe it is a positive step for the Indian financial sector as the government has tried to avoid a repeat of IL&FS-like crisis.

“The move is a positive step for the financial sector as a whole. By this, the government has tried to avoid a repeat of IL&FS-like crisis and has saved the depositors,” said AK Prabhakar, Head of Research at IDBI Capital. While we know that YES Bank has a huge pile of bad loans, SBI is the only bank that has the capacity to absorb it, he added.

However, the valuation at which YES bank would be taken over remains a cause of concern.

Global brokerage firm JP Morgan Thursday cut its target price for YES Bank on Thursday to Rs 1 per share, taking into account the potential fall in the lender’s net worth due to stressed assets.

“We believe forced bailout investors will likely want the bank to be acquired at near-zero value to account for risks associated with the stress book and likely loss of deposits. We think the bank will need to be recapitalised at nominal equity value and could test dilution of additional tier 1 (AT1) capital. We remain underweight and cut our target price to Rs 1 as we believe net worth is largely impaired,” JP Morgan said in a note.

Global brokerage firm Nomura estimates a need of Rs 25,000-44,000 crore and adjusted for Rs 7,400 crore of current coverage, if the current stress of Rs 65,000-70,000 crore faces 70 per cent loss given default (LGD).

"It implies Rs 18,000-37,000 crore needed for provisioning against the current net worth of Rs 25,700 crore Also, to run as going concern, the bank would require over Rs 20,000 crore of CET-1 capital as well," the note said.

YES Bank has registered slippages of Rs 12,000 crore so far in FY20, while it has placed Rs 30,000 crore of loan assets under the watch list. Its deposits stood at Rs 2.09 trillion on September 30, 2019, while its advances totalled Rs 2.24 trillion. The bank has delayed publishing its December quarter results by a month to March 14.

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