India's bid to join US alliance could irk China, Pak: media

August 30, 2016

Beijing, Aug 30: Attempts by India to join US' alliance could "irritate" China, Pakistan or even Russia and bring "strategic troubles" to New Delhi while making it a centre of geopolitical rivalries in Asia, China's state-run media commented today.

indusIn an editorial written ahead of Defence Minister Manohar Parrikar and US Defence Secretary Ashton Carter signing a logistics agreement, state-run Global Times said India may loose strategic independence if it leans towards the US.

The Logistics Exchange Memorandum of Agreement (LEMOA) allows India and US militaries to access each other's military facilities for refuelling and replenishment.

"This is undoubtedly a leap forward in US-India military cooperation. US media highly applauded this deal, with Forbes hailing it as a 'war pact' and believing that India is shifting away from Russia, its Cold War ally, toward a new alliance with the US," the editorial said.

"If India hastily joins the US alliance system, it may irritate China, Pakistan or even Russia. It may not make India feel safer, but will bring strategic troubles to itself and make itself a centre of geopolitical rivalries in Asia," it said.

"India holds dear its independence and sovereignty after squeezing out of the UK's colonialism. It views itself as a major power and is developing on the wave of the emerging countries," the editorial said.

While India has adopted a prudent attitude so far refraining from joining US alliance, some defence analysts expressed worries that India may lose strategic independence and warned that the pact may render New Delhi a "follower" of Washington, it said.

Observing that India attaches high importance to national security, the editorial said, "It feels it is an urgent task because its defence levels are a necessary condition of being a major power, rather than out of a sense of crisis that requires an intimacy to the US."

Due to its non-alignment policy, India has been given attention from all the major powers such as the US, Japan, China and Russia in recent years, it noted.

"However, in recent years, Washington has deliberately wooed New Delhi to become its quasi ally so as to impose geopolitical pressure on China. It is possible that the (Narendra) Modi administration is trying an unconventional way to lean toward the US with the logistics agreement," the editorial said.

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REALITY
 - 
Tuesday, 30 Aug 2016

Liars will join hand with Liars...
Cheaters with cheaters
The world knows now that USA cheated its own people in 9/11..
The world knows now that USA cheated its own people on Iraq war..
Our indian politician are digging our own grave by joining the LIARS masters Club..

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News Network
May 9,2020

May 9: Two more companies are said to be eyeing stakes in Reliance Jio Platforms, the $65-billion digital unit of Mukesh Ambani-controlled Reliance Industries, suggests a Bloomberg report. If these deals materialise, they would add to a growing list of firms that have recently invested in the Indian company.

US private equity firm General Atlantic was considering investing about $850 million to $950 million in the Mumbai-based company, a Bloomberg report said, citing people with knowledge of the matter.

The deal could be completed as soon as this month, though no agreement had been finalised and plans may change, it added.

Saudi Arabia's Public Investment Fund (PIF) is also considering to buy a minority stake in Jio, Bloomberg said in a separate report.

General Atlantic declined to comment on the report, while Jio and PIF did not immediately respond to Reuters request for comment. Hours earlier on Friday, Reliance Industries announced a $1.5 billion stake sale in Jio to Vista Equity Partners, the third deal in just over two weeks.

The conglomerate cut a $5.7 billion deal with Facebook for a 9.99 per cent stake in Jio on April 22 and a few days later, it secured a $750 million investment from private equity firm Silver Lake.

Together the three deals will inject a combined $8 billion in the telecoms-to-energy group and help it pare its debt.

Vista's investment gave Jio an equity value of Rs 4.91 trillion ($65 billion) and an enterprise value of Rs 5.16 trillion, said Reliance, controlled by billionaire tycoon Mukesh Ambani.

The potential investments from New York-based General Atlantic and the Saudi sovereign wealth fund, which manages over $300 billion in assets, would inject money on top of the $8 billion which Jio has already raised.

Saudi's PIF has been buying minority stakes several companies. Last month, it disclosed an 8.2 per cent stake in coronavirus-hit Carnival Corp, sending the cruise operator's shares up nearly 30 per cent higher.

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News Network
March 27,2020

New Delhi, Mar 27: The death toll due to COVID-19 rose to 17 in the country on Friday and the number of coronavirus cases climbed to 724, according to the Health Ministry. In its updated figures at 9.15 am, the ministry stated that four deaths were reported from Maharashtra while Gujarat had registered three deaths.

Karnataka has reported two deaths so far, while Madhya Pradesh, Tamil Nadu, Bihar, Punjab, Delhi, West Bengal, Jammu and Kashmir and Himachal Pradesh have reported one death each.

According to the data, the number of active COVID-19 cases in the country stood at 640, while 66 people were either cured or discharged and one had migrated. The total number of 724 cases included 47 foreign nationals, the ministry said.

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News Network
February 11,2020

New Delhi, Feb 11: The government has decided to rename National Institute of Financial Management (NIFM), Faridabad, as Arun Jaitley National Institute of Financial Management, an official statement said on Tuesday.

Set up in 1993 as a registered society under the Department of Expenditure, NIFM trains officers of Finance and Accounts Services recruited by the Union Public Service Commission (UPSC) as also officers of Indian Cost Accounts Service. The Union Finance Minister is the President of the NIFM Society.

"Aligning the vision and aspiration of the Institute for the future with the vision and contribution of late Arun Jaitley, the Government has decided to rename National Institute of Financial Management (NIFM) as the Arun Jaitley National Institute of Financial Management(AJNIFM)," the statement said.

NIFM has become a premier resource centre to meet the training needs of the central government for senior and middle level of management in the fields of public policy, financial management, public procurement and other governance issues for promoting highest standards of professional competence and practice.

Padma Vibhushan awardee Jaitley was the Union Minister for Finance and Corporate Affairs during May 26, 2014 to May 30, 2019.

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