How India, China do would fundamentally shape the world: Rahul

Agencies
September 20, 2017

Princeton, Sept 20: Congress vice-president Rahul Gandhi today said that notwithstanding the path chosen by them, the performance of India and China would determine how the world would fundamentally be reshaped.

Gandhi, who was interacting with students at the Princeton University noted that there was "a lot of synergies" between India and the United States. "There are two large migrations taking place - one is completely free and the other is centrally controlled. The systems respond differently. India and China are two huge countries that are transforming from agricultural countries to urban modern model countries. And that's a huge chunk of the world population," Gandhi said in his interaction at the Princeton University.

"And how these two countries do is going to fundamentally reshape the world. It's not my place to say that China should be democratic or not. They have chosen their path and we have chosen ours," he said.

But there is "cooperation and there is competition" between the two most populous countries of the world. "We have to figure out how to get our jobs. We have to basically compete with China," he said, adding that frankly, India is not doing that well. China, he said, is entering spaces with One Belt, One Road (OBOR) venture.

"And China has a particular vision of the world. It's very clear. And from their perspective it's a very powerful vision," he said. Gandhi also raised a series of questions for India that he sought to be answered.

"Does India has a similar vision? What does that vision look like? How much cooperation is going to be between us and them? These are basically the fundamental questions going forward. But the thing to realise is that China is moving with tremendous power and we have to work with that," he said.

Gandhi said there's a lot of space for cooperation between the United States and India in the creation of jobs and in the education sector. "So I think a lot of synergy between the two countries. Also historically India has maintained balance (in a relationship). So India has had a relationship with China and has had a relationship with Russia. It has had a relationship with the US and both the countries. To me the strategic relationship with the United States is important," he said.

The scion of the Nehru-Gandhi family underscored the need for a balance (of relationship) in terms of all the other countries. "But balance is also important in terms of all the other countries. So I would say there is a slight difference between us and the government," Gandhi said in response to a question.

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News Network
February 2,2020

Lucknow, Feb 2: In an early morning firing at Lucknow's Hazratganj, the city centre, Vishva Hindu Mahasabha state president Ranjit Bachchan was killed while he was out on a morning walk on Sunday.

Ranjit Bachchan was taking a stroll in Hazratganj in the morning when bike-borne assailants opened fire on him and killed him on the spot. The Mahasabha leader was shot in the head multiple times.

The incident took place near the CDRI building in Lucknow's Hazratganj.

In the firing, Ranjit Bachchan's brother also suffered bullet injuries. He has been rushed to the trauma centre. Ranjit Bachchan was a resident of Gorakhpur.

The early morning shootout in the Uttar Pradesh capital's central area has caused tension in the area.

Dinesh Singh, DCP Central Lucknow, said, "The body has been identified as of Ranjit Bachchan, who had gone out on morning walk when some unknown assailant shot him. A police team has been formed and further investigation is being carried out."

Before being associated with the Mahasabha, Ranjit Bachchan was a Samajwadi Party member and was often spotted with former UP chief minister Akhilesh Yadav.

The Samajwadi Party has hit out at the Yogi Adityanath government over the law and order situation in the state and demanded immediate resignation of the government.

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News Network
March 13,2020

Mumbai, Mar 13:  Investor wealth worth nearly Rs 12 lakh crore was wiped out in less than 15 minutes of trading on the stock exchanges on Friday, with the two benchmarks, the BSE Sensex and the NSE Nifty, crashing over 10 per cent.

The 30-share BSE Sensex plummeted 3,380.59 points, or 10.31 per cent, to 29,397.55. It hit an intra-day low of 29,388.97, falling up to 3,389.17 points.

Trading was halted for 45 minutes in the early session after the index hit its lower circuit limit.

The BSE and NSE benchmark indices, however, pared most losses with the Sensex trading 835.40 points, or 2.55 per cent, lower at 31,942.74, and the Nifty was down 253.25 points or 2.64 per cent at 9,336.90 at 10.40 am.

The mayhem on Dalal Street eroded investor wealth worth Rs 12,92,479.88 crore, taking the total m-cap to Rs 1,12,78,172.75 crore on the BSE at 1020 hours.

The m-cap of BSE-listed companies stood at Rs 1,25,70,652.63 crore at the end of trading on Thursday.

Traders said besides global selloff, incessant foreign fund outflows also weighed on investor sentiments.

On a net basis, foreign institutional investors sold equities worth Rs 3,475.29 crore on Thursday, data available with stock exchanges showed.

On the BSE, 1,279 scrips declined, while 193 advanced and 40 remained unchanged.

Volatility heightened in global markets as benchmarks world over went into panic mode, insinuating a freakish selloff.

Bourses in Shanghai dropped over 3.32 per cent, Hong Kong 5.61 per cent, Seoul 7.58 per cent and Tokyo cracked up to 7.97 per cent.

Wall Street lost 10 per cent in overnight trade.

More than 1,30,000 cases of the novel coronavirus have been recorded in 116 countries and territories, killing at least 4,900 people.

The number of coronavirus patients in India has risen to 74, as per the health ministry.

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News Network
January 1,2020

New Delhi, Jan 1: Newly-appointed Chief of the Defence Staff General Bipin Rawat on Wednesday said the armed forces stay away from politics and work as per the directives of the government of the day, remarks that come amid allegations that the forces were being politicised.

Gen Rawat also said that his focus as CDS will be to integrate the efforts of the three services and to work as a team.

"We keep ourselves away from politics. We act according to the directives of the government of the day," he said.

Gen Rawat said his focus will be to ensure best and optimal use of resources allocated to the three services.

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