It is time to set a new agenda: Modi and Obama

September 30, 2014

Washington, Sep 30: Calling for a new agenda in a novel joint editorial, Prime Minister Narendra Modi and US President Barack Obama today pledged themselves as global partners to enhancing homeland security by sharing intelligence through counter-terrorism and law enforcement cooperation.modi obama

Writing in the Washington Post, the two leaders also said India and the US will work jointly to maintain freedom of navigation to lawful commerce across the seas, in significant comments against the backdrop China flexing its muscle over disputes with its neighbours in East and South China seas.

"As global partners, we are committed to enhancing our homeland security by sharing intelligence, through counter-terrorism and law-enforcement cooperation, while we jointly work to maintain freedom of navigation and lawful commerce across the seas," they said.

Referring to the relationship, Modi and Obama said though the it was robust, reliable, enduring and expanding, the true potential of the ties was yet to be fully realised and the advent of a new government in India was a natural opportunity to broaden and deepen the engagement.

"Still, the true potential of our relationship has yet to be fully realised. The advent of a new government in India is a natural opportunity to broaden and deepen our relationship.

"With a reinvigorated level of ambition and greater confidence, we can go beyond modest and conventional goals. It is time to set a new agenda, one that realizes concrete benefits for our citizens," Modi and Obama said, hours before their summit meeting at the White House.

They said the it will be an agenda which will enable both the countries to find mutually rewarding ways to expand collaboration in trade, investment and technology that harmonise with India's ambitious development agenda, while sustaining the US as the global engine of growth.

Modi and Obama said "Today our relationship involves more bilateral collaboration than ever before - not just at the federal level but also at the state and local levels, between our two militaries, private sectors and civil society.

"Indeed, so much has happened that, in 2000, then-Prime Minister Atal Bihari Vajpayee could declare that we are natural allies."

Modi and Obama said they will aim for the strategic partnership to be "larger" than merely the sum of its parts to ensure a better future for the citizens of the two countries as well as to the world at large.

"While India benefits from the growth generated by U S investment and technical partnerships, the United States benefits from a stronger, more prosperous India. In turn, the region and the world benefit from the greater stability and security that our friendship creates.

They lauded the role being played by the "vibrant" Indian American community saying it has been a living bridge between the two nations.

Both the leaders said they will discuss ways to enhance cooperation in trade, science and technology and government-to-government level to help improve the quality, reliability and availability of basic services in India.

"In this, the United States stands ready to assist. An immediate area of concrete support is the "Clean India" campaign, where we will leverage private and civil society innovation, expertise and technology to improve sanitation and hygiene throughout India," they said.

Referring to areas of deeper cooperation, Modi and Obama said collaboration in health sector will help tackling the "toughest of challenges" like combating the spread of Ebola, researching cancer cures or conquering diseases such as tuberculosis, malaria and dengue.

Talking about the existing cooperation, they said "our militaries conduct joint exercises in air, on land and at sea, and our space programmes engage in unprecedented areas of cooperation, leading us from Earth to Mars."

"The exploration of space will continue to fire our imaginations and challenge us to raise our ambitions. That we both have satellites orbiting Mars tells its own story. The promise of a better tomorrow is not solely for Indians and Americans: It also beckons us to move forward together for a better world.

"This is the central premise of our defining partnership for the 21st century. Forward together we go - chalein saath saath," the two leaders said.

They said natural and unique partnership between India and the US can help shape international security and peace.

"Ties between the United States and India are rooted in the shared desire of our citizens for justice and equality. When Swami Vivekananda presented Hinduism as a world religion, he did so at the 1893 World's Parliament of Religions in Chicago.

"When Martin Luther King Jr. sought to end discrimination and prejudice against African Americans, he was inspired by Mahatma Gandhi's nonviolent teachings. Gandhiji himself drew upon the writings of Henry David Thoreau," they said.

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News Network
March 27,2020

Mumbai, Mar 27: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that Monetary Policy Committee (MPC) has taken note of the global economic activity coming to a near standstill due to the coronavirus pandemic and added that large parts of the world could slip into recession in the coming days to the coronavirus crisis.
"The MPC noted that global economic activity has come to a near stand-still as COVID-19 related lockdowns and social distancing are imposed across a widening swath of affected countries. Expectations of a shallow recovery in 2020, from 2019's decade low in global growth, have been dashed," Das said.
"The outlook is now heavily contingent upon the intensity, spread and duration of the pandemic. There is a rising probability that large parts of the world will slip into recession," he added.
The RBI Governor further added that "the implied GDP growth of 4.7 per cent in Quarter 4 of 2019-20, in the second advance estimates of the National Statistics Office which was released in February 2020, within the annual estimate of 5 per cent for the year as a whole is now at risk."
As per the outlook for the year 2020-21, Das said, "Apart from continuing resilience of agriculture and allied activities most other sectors of the economy will be adversely impacted by the pandemic depending upon, its intensity, spread and duration."
Das also announced a reduction in the repo and reverse repo rates for banks.
"The repo rate has been reduced by 75 basis points to 4.4 per cent. The reserve repo rate has been reduced by 90 basis points to 4 per cent," Das said addressing the media.
The decision for "a sizeable reduction" in the policy repo rate, according to the RBI Governor was taken to "revive growth and mitigate the impact of COVID-19 and ensure financial stability." 

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News Network
July 3,2020

New Delhi, Jul 3: India reported the highest ever single-day spike of 20,903 COVID-19 cases in 24 hours on Friday, said the Union Ministry of Health and Family Welfare.

With these new cases, India's coronavirus tally has risen to 6,25,544 cases of which 2,27,439 patients are active cases while 3,79,892 patients have been cured/discharged/migrated.

379 more deaths due to COVID-19 were reported in the country in the last 24 hours, taking the number of deaths due to the infection to 18,213.

As per the Health Ministry, Maharashtra -- the worst-affected state from the virus -- has a total of 1,86,626 cases including 8,178 fatalities while Tamil Nadu has 98,392 coronavirus cases in the state inclusive of 1,321 fatalities.

Delhi has reported 92,175 cases so far inclusive of 2,864 patients succumbing to the virus.

The Indian Council of Medical Research on Friday said that the total number of samples tested till July 2 is 92,97,749 of which 2,41,576 samples were tested on Thursday.

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News Network
April 19,2020

Shimla, Apr 19: A man, who had recovered from the novel coronavirus, was again found suffering from the infection in Himachal Pradesh, officials said.

The man, a Tablighi Jamaat member, tested positive for the infection on Saturday within a week of his two reports coming out negative, they said.

Residents of different places in Mandi district, the man along with two other Jamaatis had been staying in a mosque of Nakroh village in Una'a Amb tehsil and all tested positive on April 2.

They were admitted to Tanda's Dr. Rajendra Prasad Government Medical College (RPGMC) in Kangra district on April 3.

As per the available information, they had tested negative for the first time on April 10 and they were declared as cured as per protocol after they tested negative for the second time on April 12.

Subsequently they had been discharged from the RPGMC and were kept in institutional quarantine.

However, with the man again testing positive, the total number of active cases in the hill state has increased to 23 out of the total 40 positive cases.

Four persons have been shifted to a private hospital outside the state. Eleven have recovered while two others have died.

A total of 16 confirmed cases were found in Una and health department statistics now shows 14 active cases and two cured.

Officials said 11 patients — three each from Chamba, Kangra, and Solan districts and two from Una district — have recovered.

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