India capable of tackling any kind of challenge: PM

Agencies
August 15, 2017

New Delhi, Aug 15: India is capable of tackling any kind of security challenge, be it the sea or borders, Prime Minister Narendra Modi today asserted amid the standoff with China in Doklam.

Without naming China or the two-month-long Doklam standoff, he said the country's security is a priority for his government and that soldiers are deployed to protect the borders effectively.

In his Independence Day speech from the ramparts of the historic Red Fort, Modi referred to last year's surgical strikes on terror launch pads across the Line of Control (LoC) and said the world has realised the mettle of India's security forces.

"It is clear that security of our country is our priority. Internal security is our priority. Be it sea or borders, be it cyber or space, India is capable of tackling every security challenge," he said.

"Our army, our bravehearts, every personnel in uniform and not only the Army, Navy, the IAF, have shown their capability and grit whenever there was a situation. Our heroes never shied away from sacrifices," he said.

The prime minister said the personnel in uniform were always ready to combat any kind of challenges facing the country -- be it Left-wing extremism, terrorism, infiltration or tackling those trying to foment trouble inside the country.

"Be it Left-wing extremism, terrorism, be it infiltration or be it tackling the forces trying to foment trouble inside, our people in uniform have always given sacrifices," he said.

He asserted that there will be no soft approach towards terrorism or terrorists and the government is determined to rid the country of this menace.

At the same time, he said the government has given an opportunity to the terrorists to join the national mainstream.

"We have told terrorists 'you come to the mainstream, you have right to talk inside the country's democratic system'. Only the mainstream can fill the energy in every one's life," he said.

The prime minister said that in its fight against terrorism, India is getting support from other countries. "You will be happy to know that we are not alone in fight against terrorism. So many countries have been actively helping us. If there is hawala transaction, the world is giving us information, the world is giving us details about movement of terrorists," he said.

"I want thank all those countries which are cooperating with India in fighting the menace and this cooperation is giving strength in ensuring overall peace and security," Modi said.

Due to efforts of the security forces, particularly in areas under Left-wing extremism, a large number of youth have surrendered and made efforts to come to the mainstream, he said.

"India's stature in the world is rising. The world is with us in fight against terror. I thank all nations helping us doing so," he said.

Modi said a website is being launched to give information about security personnel who have contributed significantly towards the country.

The prime minister also referred to implementation of one-rank, one-pension scheme for defence personnel.

"For last 30, 40 years, the issue of 'one-rank, one- pension' was pending. When the government fulfils the demand, when the government heeds to wishes of the armed forces, then their resolve to give sacrifices for the country increases," he said.

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Agencies
February 6,2020

Mumbai, Feb 6: The Reserve Bank of India, for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 per cent, maintaining its accommodative policy stance as long as it was necessary to revive growth.

The central bank retained GDP growth at 5 per cent for 2019-20 and pegged it at 6 per cent for the next fiscal.

"Economic activity remains subdued and the few indicators that have moved up recently are yet to gain traction in a more broad-based manner. Given the evolving growth-inflation dynamics, the MPC felt it appropriate to maintain status quo,” the Monetary Policy Committee (MPC) said.

The six-member committee voted unanimously to hold rates, but also said that there is “policy space available for further action”.

Between February and October 2019, the RBI had reduced repo rate by 135 basis points.

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News Network
February 4,2020

New Delhi, Feb 4: Uttar Pradesh Chief Minister Yogi Adityanath on Monday accused Arvind Kejriwal of having a "partnership" with Pakistan and appealed to the people in Delhi to not vote for the AAP chief as it will make Pakistan happy.

Ramping up his attack on the Shaheen Bagh protest, Adityanath said that the protest against the Citizenship Amendment Act (CAA) is merely an excuse for people to vent their anger against the scrapping of Article 370.

"You must have seen their partnership on 370. Arvind Kejriwal used to speak in the same voice as Imran Khan on Article 370. You must have heard it.

"Now when elections are taking place in Delhi, who is speaking in favour of Arvind Kejriwal? It is the ministers of Pakistan. They are aware that Kejriwal is feeding 'biryani to protesters at Shaheen Bagh'," he said, referring to Pakistan minister Fawad Chaudhry's tweet asking Indians to defeat Prime Minister Narendra Modi.

Adityanath addressed three rallies on Monday in the national capital ahead of assembly elections.

"Will Pakistan decide who Indians should vote for. If voting for Kejriwal will make Pakistan happy, should it be done," he asked at a rally in Mehrauli.

Adityanath said his Delhi counterpart Kejriwal has become a "toy in the hands of anti-social and anti-India elements".

Addressing a rally in Vikaspuri in west Delhi, he said that Kejriwal is not bothered about key issues such as providing clean drinking water but is concerned about Shaheen Bagh, the anti-citizenship amendment act protest site.

At another rally in Uttam Nagar in west Delhi, Adityanath said Kejriwal has played with the emotions of the people of Delhi for the last five years.

"He obstructed the development of Delhi. And knowingly and unknowingly, he became a toy in the hands of anti-social and anti-India elements," Adityanath said.

The protest at Shaheen Bagh, he said, has disrupted traffic across the capital.

"A guest with an appointment to meet him at 9.30 am could only reach at 11. He told me he had left as early as 7 am but got stuck because of the traffic in Shaheen Bagh," he said.

The Uttar Pradesh chief minister also slammed Kejriwal for "sympathising" with elements who he said gave anti-India slogans in Jawaharlal Nehru University.

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News Network
June 20,2020

New Delhi, Jun 20: Diesel price on Saturday hit a record high after rates were hiked by 61 paise per litre while petrol price was up 51 paise, taking the cumulative increase in rates in two weeks to Rs 8.28 and Rs 7.62 respectively.

Petrol price in Delhi was hiked to Rs 78.88 per litre from Rs 78.37, while diesel rates were increased to Rs 77.67 a litre from Rs 77.06, according to a price notification of state oil marketing companies.

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

The 14th daily increase in rates since oil companies on June 7 restarted revising prices in line with costs after ending an 82-day hiatus in rate revision, has taken diesel prices to new high. Petrol price too is at a two-year high.

Prior to the current rally, diesel rate had touched a peak of Rs 75.69 per litre in Delhi on October 16, 2018.

The highest-ever petrol price was on October 4, 2018, when rates soared to Rs 84 a litre in Delhi.

When rates had peaked in October 2018, the government had cut excise duty on petrol and diesel by Rs 1.50 per litre each. State-owned oil companies were asked to absorb another Re 1 a litre to help cut retail rates by Rs 2.50 a litre.

Oil companies had quickly recouped the Re 1 and the government in July 2019 raised excise duty by Rs 2 a litre.

The 82-day freeze in rates this year was imposed in mid-March soon after the government hiked excise duty on petrol and diesel to shore up additional finances.

The government on March 14 hiked excise duty on petrol and diesel by Rs 3 per litre each and then again on May 5 by a record Rs 10 per litre in case of petrol and Rs 13 on diesel. The two hikes gave the government Rs 2 lakh crore in additional tax revenues.

Oil PSUs Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL), instead of passing on the excise duty hikes to customers, adjusted them against the fall in retail rates that was warranted because of a decline in international oil prices to two-decade lows.

International oil prices have since rebounded and oil firms are now adjusting retail rates in line with them.

In 14 hikes, petrol price has gone up by Rs 7.62 per litre and diesel by Rs 8.28 a litre.

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