Intolerance, unemployment key issues facing India:Rahul Gandhi

Agencies
September 19, 2017

Washington, Sept 19: Congress vice-president Rahul Gandhi has said that intolerance and unemployment are the key issues that pose a serious challenge to India's national security and development.

Gandhi, who is in the US on a two-week-long tour, held a series of meetings, including a roundtable with eminent Indian /South Asia experts hosted by the Center for American Progress (CAP), a Democratic-leaning think tank.

Prominent among the attendees were CAP head Neera Tandon, the former US Ambassador to India, Richard Verma, and Hillary Clinton's top campaign advisor John Podesta.

Lisa Curtis, who heads the South Asia division at the National Security Council of the White House held discussions with Gandhi over a breakfast meeting during which the Trump administration official sought his views on the US-India relationship and the recently announced Afghanistan and South Asia policy of US President Donald Trump, according to the participants of the meeting.

US Chamber of Commerce president and CEO Thomas J Donohue met Gandhi and other senior Congress leaders at an event hosted by US India Business Council (USIBC).

During the meeting, Gandhi expressed concern over the inability of the government to create jobs in India, which he felt was leading the country towards a dangerous situation.

Gandhi also had an off-the-record interaction with the editorial board of The Washington Post, where he shared his anguish over the rising intolerance globally, but in particular in India.

Later in the evening, Gandhi had another closed-door meeting co-hosted by Republican strategist Puneet Ahluwalia and American Foreign Policy Institute.

"I would say, he did not seem to be somebody who did not understand the issue. He has an understanding of the issue. He came across as more of a grassroots understanding leader. Everybody when they left they were pretty much very positive with the interaction," Ahluwalia said.

Gandhi is also believed to have met the Virginia Governor Terry McAuliffe. Participants of these meetings overwhelmingly agreed with Gandhi that the "central challenge" in front of India was jobs and intolerance.

They left the meeting generally impressed with Gandhi's knowledge, clarity of thoughts and candidness.

"(People) said he is exactly opposite than what we were told. They said, he is logical, he thinks well, and he understands the issue," Sam Pitroda, who has been accompanying Gandhi to all of his meetings, said.

He alleged that full-time staff hired by Gandhi's opponents have been creating a negative image of him. Pitroda said Gandhi believes in decentralisation.

The real decisions have to be made at the district level. Gandhi is scheduled to address students of the Princeton University in New Jersey. Indian National Overseas Congress would host a reception for him in New York tomorrow.

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News Network
June 2,2020

Jun 2: A new female billionaire has emerged from one of Asia's most-expensive breakups.

Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world's richest.

The stock was worth $3.2 billion as of Monday's close.

Yuan, 49 this year, owns the shares directly, but signed an agreement delegating the voting rights to her ex-husband, the filing shows. The Canadian citizen, who resides in Shenzhen, served as a director of Kangtai between May 2011 and August 2018. She's now the vice general manager of subsidiary Beijing Minhai Biotechnology Co. Yuan holds a bachelor's degree in economics from Beijing's University of International Business and Economics.

Kangtai shares have more than doubled in the past year and have continued their ascent since February, when the company announced a plan to develop a vaccine to fight the coronavirus. They slipped for a second day Tuesday following news of the divorce terms, losing 3.1% as of 9:43 a.m. in Hong Kong and bringing the company's market value to $12.9 billion.

Du's net worth has now dropped to about $3.1 billion from $6.5 billion before the split, excluding his pledged shares.

The 56-year-old was born into a farming family in China's Jiangxi province. After studying chemistry in college, he began working in a clinic in 1987 and became a sales manager for a biotech company in 1995, according to the prospectus of Kangtai's 2017 initial public offering. In 2009, Kangtai acquired Minhai, the company Du founded in 2004, and he became the chairman of the combined entity.

China's rapidly growing economy has been an engine for the country's richest, and Du is not the only tycoon who's had to pay a steep price for a divorce. In 2012, Wu Yajun, at one point the nation's richest woman, transferred a stake worth about $2.3 billion to her ex-husband, Cai Kui, who co-founded developer Longfor Group Holdings Ltd. In 2016, tech billionaire Zhou Yahui gave $1.1 billion of shares in his online gaming company, Beijing Kunlun Tech Co., to ex-wife Li Qiong after a civil court settlement.

Sometimes, a goodbye can be time-consuming too. South Korean tycoon Chey Tae-won's wife filed a lawsuit in December asking for a 42.3% stake in SK Holdings Co. valued at $1.2 billion. That would make her the second-largest shareholder of the company should she win the case, which is still ongoing.

The most expensive divorce in history is that of Jeff and MacKenzie Bezos. The Amazon.com Inc. founder gave 4% of the online retailer to Mackenzie, who now has a $48 billion fortune and is the world's fourth-richest woman.

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News Network
July 12,2020

New Delhi, Jul 12: With the highest single-day spike of 28,637 new cases and 551 deaths being reported in the last 24 hours, India's COVID-19 count reached 8,49,553 on Sunday.

According to the Union Health and Family Welfare Ministry, this includes 2,92,258 active cases, and 5,34,621 cured and discharged or migrated patients. The toll due to the disease has reached 22,674 in the country.

Maharashtra with 2,46,600 cases continues to be the worst affected state by COVID-19 in the country. The state has 99,499 active cases while 1,36,985 patients have been cured and discharged so far. The death toll due to the disease now stands at 10,116.

Tamil Nadu with 1,34,226 cases, including 46,413 active ones, is the next worst affected in the country. While the number of cured and discharged patients is at 85,915 in the state, the toll due to the disease is at 1,898.

The national capital has recorded 1,10,921 confirmed cases so far. However, the number of active cases in Delhi is at 19,895 and 87,692 patients have been cured and discharged so far. With 3,334 deaths being reported due to COVID-19 in the city. 

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Agencies
August 2,2020

New Delhi, Aug 2: India's COVID-19 tally crossed the 17 lakh mark with 54,736 positive cases and 853 deaths reported in the last 24 hours.

"The total COVID-19 cases stand at 17,50,724 including 5,67,730 active cases, 11,45,630 cured/discharged/migrated and 37,364 deaths," said the Union Health and Family Welfare Ministry.

As per the data provided by the Health Ministry, Maharashtra -- the worst affected state from the infection -- has a total of 1,49,214 active cases and 15,316 deaths. A total of 4,31,719 coronavirus cases have been recorded in the state up to Saturday, as per the state health department.

Tamil Nadu has a total of 60,580 active cases and 4,034 deaths.

In Delhi, the total cases rose to 1,36,716, including 1,22,131 recovered/discharged/migrated cases and 3,989 deaths. There are 10,596 active cases in the national capital.

The total number of COVID-19 samples tested up to August 1 is 1,98,21,831 including 4,63,172 samples tested yesterday, said the Indian Council of Medical Research (ICMR) on Sunday.

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