Mahashivratri: Devotees head to Prayagraj

Agencies
March 4, 2019

Allahabad, Mar 4: Even before midnight, devotees from different walks of life and parts of the country had begun to pour into the Sangam city to take holy dip on Mahashivratri, the great night of Shiva and the last bathing day during the one-and-a-half-month Kumbh Mela.

According to Hindu mythology, Mahashivratri symbolises the last holy bath of Kalpvasis — who spend the month of Magh as Kalpvas, the period of austerity, living a minimalistic life.

An estimated 1 crore devotees are expected to bathe on this auspicious day, officials say.

Heavy rush on their mind, visitors began arriving at the makeshift Kumbh Nagri in Prayagraj even before midnight. By morning, the bathing ghats brimmed with colours of life.

Late-night showers in parts of the holy city failed to dampen the spirit of the pilgrims.

"Despite showers, I and my friends walked towards the bathing ghats and took dip," Dhananjay Singh, who came from Lucknow, said.

"I consider it (rain) a good sign."

Ashutosh Varshney, an astrologer who has set up a camp in Sector-6 of the Kumbh Nagri, said, "Mahashivratri marks the culmination of the Kumbh and the prominent bathing days. This year, it fell on a Monday, the day dedicated to Lord Shiva, after a long time."

Also on this day, Lord Shiva got married, added Gunjan Varshney, who runs the Raam Naam Bank, where devotees deposit booklets after writing the name of Lord Ram.

Police and central para-military personnel were keeping a close watch on the movement of people and vehicles and guiding them towards the bathing ghats.

Kumbh, one of the largest religious gatherings in the world, began on January 15 on Makar Sankranti.

There are six bathing dates. Of these, shahi snaans are held on Makar Sankranti, Mauni Amawasya and Basant Panchami.

Parv snaans are held on Paush Poornima and Maghi Poornima.

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News Network
February 5,2020

New Delhi, Feb 5: Union Home Minister Amit Shah on Tuesday announced that the Shri Ram Janmabhoomi Teertha Kshetra, set up by the government for construction of a temple in Ayodhya, will have 15 trustees and one of them will be from the Dalit community.

The statement comes a little over an hour after Prime Minister Narendra Modi announced in Lok Sabha about the constitution of the trust.

"There will be 15 trustees in the Shri Ram Janmabhoomi Teertha Kshetra Trust out of which one trustee will always be from the Dalit society," he tweeted.

Shah congratulated Modi "for such an unprecedented decision" that strengthens social harmony.

The home minister said the trust will be independent to take every decision related to the temple and 67 acres of land will be transferred to it.

"I fully believe that the waiting of millions of people for centuries will be over soon and they will be able to pay obeisance to Lord Shri Ram in his grand temple at his birthplace," he said.

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News Network
June 13,2020

Jun 13: The Congress on Saturday accused the BJP-led government of burdening the common man with high taxes on petrol and diesel and earning Rs 2.5 lakh crore since March 5.

Congress leader Kapil Sibal said while international crude oil prices have fallen and are at the lowest level in 15 years, yet petrol and diesel prices are skyrocketing and common people continue to suffer under the Modi dispensation.

He said instead of passing the benefit of lower crude prices to consumers, petrol and diesel prices were hiked for the seventh straight day on June 13.

"The government has earned as much as Rs 44,000 crore in the last six days due to hike in petrol, diesel prices. Since March 5, the government has earned as much as Rs 2.5 lakh crore by way of increasing petrol, diesel prices.

"If the government had even the slightest feelings for the common man, instead of benefitting the companies and the government, the prime minister would have helped the common man with reduced fuel prices," Sibal said at an online press conference.

According to a report by Care Ratings, he said the hike effectively meant that the Central government is collecting around 270 per cent taxes on the base price of petrol and 256 per cent in case of diesel.

The former union minister said petrol was selling at Rs 71.41 in Delhi on May 1, 2014, when international crude oil prices were USD 106.85, while on June 12, 2020, the price of petrol was Rs 75.16 when the crude oil was at USD 38.

He said central excise and VAT cumulatively account for 69 per cent of tax on fuel in India which is higher than anywhere else in the world. He said the tax of fuel in the US was 19 per cent, Japan 47 per cent, the UK 62 per cent, France 63 per cent and Germany 65 per cent.

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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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