India's Kailash, Pak's Malala receive Nobel Peace Prize 2014

December 10, 2014

Oslo, Dec 10: India's Kailash Satyarthi received the Nobel Peace Prize for 2014 today, sharing it with Pakistan's Malala Yousafzai, the youngest ever Nobel laureate, for their work on promoting child rights in the troubled sub-continent, where millions are deprived of their childhood and education.

"Satyarthi and Yousafzai are precisely the people whom Alfred Nobel in his will calls 'champions of peace'," Chairman of the Norwegian Nobel Committee Thorbjorn Jagland said in his speech before awarding them the prize.

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"A young girl and a somewhat older man, one from Pakistan and one from India, one Muslim, the other Hindu; both symbols of what the world needs: more unity. Fraternity between the nations!," he added.

Satyarthi, 60, who gave up his job as an electrical engineer to run an NGO for rescuing children from forced labour and trafficking, and 17-year-old Malala, who survived a near-fatal Taliban attack two years ago with determination advocating education for girls, were named by the Nobel Peace Prize Committee for the prestigious award on October 10.

They received the Nobel medal which is 18 carat green gold plated with 24 carat gold and weighs around 175 grams. They will share USD 1.1 million prize money.

Noting that violence and repression cannot be justified in any religion, Jagland said Islam, Christianity, Judaism, Hinduism and Buddhism protect life and cannot be used to take lives.

"The two whom we honour here today stand very firm on this point. They live according to a principle Mahatma Gandhi gave expression to. He said: 'There are many purposes I would have died for. There are no purposes I would have killed for'," Jagland said, invoking Mahatma Gandhi.

Satyarthi's NGO Bachpan Bachao Andolan (Save Childhood Movement) prides itself on liberating over 80,000 children from bonded labour in factories and workshops across India.

According to the International Labour Organisation (ILO) there are about 168 million child labourers globally. There are roughly 60 million child labourers in India alone.

Malala, who was nominated in the peace prize category last year also, had displayed tremendous courage even after the Taliban attack when she resolutely expressed her determination to carry on with her campaign for child rights and girls education especially in a country like Pakistan.

Speaking after receiving the award, Satyarthi asked audience to feel the child inside them and said the crime against children has no place in a civilised society.

"Children are questioning our inaction and watching our action," he said, adding that all religion teach to take care of children.

Noting that the number of child labour has been reduced by a third, Satyarthi said, "My dream is to make every child free to develop...There is no greater violence than to deny the dreams of children."

Recounting his experience with the unprivileged people, he said, "I am representing the sound of silence of millions of children who are left behind."

"The credit to this honour goes to people who worked and sacrificed for freeing children," he said.

Famed Pakistani singer Rahat Fateh Ali Khan and Indian musician Amjad Ali Khan performed at the award ceremony.

Pakistan's former prime minister Yousuf Raza Gilani was among those present on the occasion.

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News Network
May 23,2020

New Delhi, May 23: On the occasion of Jumat-ul-Vida, the last Friday of the ongoing holy month of Ramzan, a select group of people offered namaz at Delhi's Jama Masjid ahead of Eid-ul-Fitr, while adhering to social distancing following relaxations in the fourth phase of the COVID-19 lockdown.

"A large number of people wanted to offer prayers today but we told them they should do so from their homes. Only the staff of the mosque and a few members of the family offered prayers here," Shahi Imam of Jama Masjid said.

The coronavirus pandemic has also marred the excitement of Eid for the vegetable and fruit vendors in neighbouring Daryaganj.

The fourth phase of nation-wide lockdown extended till May 31, began from Monday in which markets and shops were allowed to open. However, due to persisting fear of COVID-19, the sale of products is yet to pick pace.

Unlike each year, the market lacks the sheen this Eid with no bustle and people cautious about venturing out.

Salim, who has been selling cheese and curd in the market for the last 35 years, told ANI, "I have never seen such an Eid. There is an atmosphere of fear in the minds of people."

Another fruit seller Haseen Malik said that "During the month of Ramadan, most people relish fruits such as musk melon, sweet lemon and watermelon so there is some demand for it. But there is no excitement for Eid this year. The sale has been at an all-time low because of the lockdown."

In the wake of the festival and to ensure social distancing, Delhi Police has made elaborate security arrangements. 

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News Network
April 4,2020

Kochi, Apr 4: France on Saturday evacuated 112

French citizens stranded in Kerala and Tamil Nadu in a special Air India flight, official sources said here.

The Embassy of France had made a request to the Kerala government to facilitate the journey of the French citizens stranded due to the lockdown announced by the central government to prevent the spread of novel coronavirus.

The French citizens, mostly tourists and those who came for Ayurvedic treatment, were brought here by the state tourism department 24 days ahead of their trip.

They underwent a medical examination before boarding the flight for Paris from Cochin International Airport at 08.13 am on Saturday, officials said.

The Air India flight was chartered by the French government for evacuating its citizens in various cities in India including Kochi, Bengaluru and Mumbai.

On Friday, Gulf nation Oman had evacuated its 46 citizens stranded in Kochi in an Oman Air flight.

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Agencies
June 2,2020

Singapore, Jun 2: Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negative outlook.

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, volatile oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets, said Moody's.

The Indian banking sector has been affected given the disruptions to India's economic activity from the coronavirus outbreak, which is weakening borrowers' credit profiles, it added.

The 11 lenders include Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Export-Import Bank of India, HDFC Bank, Indian Overseas Bank, IndusInd Bank, Punjab National Bank, State Bank of India and Union Bank of India.

The 11 non-finance companies are Oil and Natural Gas Corporation, Hindustan Petroleum Corporation, Oil India, Indian Oil Corporation, Bharat Petroleum Corporation, Petronet LNG, Tata Consultancy Services, Infosys, Reliance Industries, UPL Corporation and Genpact.

The 11 infrastructure companies are NTPC, NHPC, National Highways Authority of India, Power Grid Corporation, Gail India, Adani Green Energy Restricted Group (RG-2), Adani Transmission Restricted Group, Adani Ports and Special Economic Zone, Adani Transmission, Adani Electricity Mumbai and Azure Power Solar Energy.

The four Indian government-related issuers are Indian Railway Finance Corporation, Housing and Urban Development Corporation, Power Finance Corporation and REC Ltd.

"Government-related issuers in India have been affected because of disruptions to India's economy which will weaken borrowers' credit profiles," said Moody's.

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