Modi arrives in New York on 2nd US visit

September 24, 2015

New York, Sep 24: Prime Minister Narendra Modi arrived here today on a five-day US visit, his second in as many years, during which he will address world leaders at a landmark UN sustainable development summit and interact with top CEOs and the Indian diaspora in Silicon Valley.

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Modi will have a packed agenda for the next two days in the city and then in California from September 26-27.

The Prime Minister was received at the airport by Indian Ambassador Arun K Singh, India's envoy to the UN Asoke Mukerji, Consul General Dnyaneshwar Mulay and their spouses.

Modi will return to New York on September 28 for a bilateral meeting with President Barack Obama as well as to attend a high-level peacekeeping summit at the United Nations.

On Friday, he will address global heads of state at the Sustainable Development Summit hosted by UN Secretary General Ban Ki-moon when the new and ambitious post-2015 development agenda will be adopted.

India will also host the G-4 summit here on September 26, before Modi leaves for the West Coast for a packed two-day trip during when he will have meetings with Facebook CEO Mark Zuckerberg, Apple CEO Tim Cook and Google's new CEO Sundar Pichai. He will also attend a grand community reception in San Jose.

Modi will also meet President Barack Obama on September 28, his third summit meeting with the President in about a year. Modi is expected to focus on giving a further push to early and urgent reform of the Security Council and to send an "unambiguous message" of "zero tolerance against terrorism".

In a letter to the UN Secretary General in July, Modi had said that that the UN must be made more effective for dealing with new security challenges as "we are now living in an era when non-state military actors are a major factor."

"We must use this historic year to jointly send an unambiguous message of zero tolerance against terrorism. An important step in this direction would be adopting the Comprehensive Convention against International Terrorism at the United Nations this year," Modi had written in the letter.

India's Permanent Representative to the UN Asoke Mukerji has said that the Prime Minister's speech at the Sustainable Development summit will focus on "Agenda 2030" since he "has given a lot of attention to the substance of the development agenda."

Among the ambitious 17 goals to be adopted by the UN for the next 15 years is complete poverty eradication, zero hunger, quality education, gender equality, sustainable cities and communities and clean water and sanitation.

In his letter to the UN Chief, Modi had also underscored that eliminating poverty by 2030 should "unquestionably" be at the heart of the post-2015 Development Agenda.

"The most acute forms of poverty still remain the most pressing problem and require direct, urgent and sustained interventions. Addressing the needs, concerns and human rights of 1.3 billion poor people in the world is not merely a question of their survival and dignity, but also a vital necessity for an enduring peaceful, sustainable and just international order," he said.

The post-2015 Development Agenda should ensure that no one is left behind and "we must rekindle the strength of international support and partnership that had characterised some of our social missions in the past for tackling poverty," he had said.

At the Waldorf Astoria hotel, a large number of BJP supporters gathered waiting to welcome the Prime Minister.

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News Network
July 23,2020

New Delhi, Jul 23: Riding high on foreign investors buying stakes in Jio Platforms, Reliance Industries Ltd Chairman Mukesh Ambani became the world’s fifth-richest person Wednesday, edging past American investor Warren Buffett on the real-time ranking of billionaires by Forbes. With an estimated wealth of $75 billion, Ambani is only next to Facebook co-founder and CEO Mark Zuckerberg, whose wealth is pegged at $89 billion.

Buffet had slipped down the rankings after donating more than $37 billion of Berkshire Hathaway Inc. stock since 2006 to charity. Berkshire Hathaway’s stock performance has also underwhelmed recently.

Amazon founder and CEO Jeff Bezos still sits at top in the richest list, with a net worth of $185.8 billion. He is followed by Microsoft co-founder Bill Gates with net worth of $113.1 billion and luxury group LVMH Moet Hennessy Louis Vuitton’s chief Bernard Arnault, with a net worth of $112 billion. Facebook CEO Mark Zuckerberg is at the fourth position in the Forbes list.

Shares of Ambani’s conglomerate have more than doubled since a low in March as its digital unit got more than $15 billion in investments from companies including Facebook Inc, Silver Lake, Intel, and most recently, Google. The US tech giant has committed a capital infusion of Rs 33,737 crore for a 7.7 per cent stake on Jio Platforms.

The total investment from financial and strategic investors into Jio Platforms stands at Rs 1,52,056 crore. RIL has raised a total of Rs 2,12,809 crore through a rights issue, the combined investments in Jio Platforms and investment by BP.

During the Reliance AGM last week, Ambani had said RIL has made its net-debt free ahead of a March 2021 target due to recent investments. Ambani said Jio has designed and developed a complete 5G solution that’s ready for launch as soon as spectrum is made available next year.

Jio and Google have also entered into a commercial agreement to jointly develop an entry-level affordable smartphone with optimisations to the Android operating system and the Play Store, Ambani said.

RILs market value jumped to Rs 12.7 lakh crore or $170 billion on Monday, making it the 51st most valued company in the world. Between April 1 and July 13, RIL has gained $81 billion in market capitalisation and has climbed 47 places from being the 98th most valued company on April 1 to 51st most value company now.

The share price of RIL has risen by 120 per cent over the last four months for Rs 883 per share on March 23, 2020 to Rs 1,939 on Monday. Since April 22, when Facebook Inc announced an investment of Rs 43,574 crore in Jio Platforms for 9.99 per cent equity stake, Jio Platforms has announced investments by 12 other investors. The total investment by these 13 investors over the last 12-weeks amounted to Rs 118,318 crore.

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Agencies
January 5,2020

New Delhi, Jan 5: A masked mob on Sunday entered the Sabarmati Hostel on the Jawaharlal Nehru University (JNU) campus and assaulted several students and professors with sticks and rods.

"I have been brutally attacked by goons wearing masks. I am bleeding. I was brutally beaten up," JNU Students' Union (JNUSU) president Aishe Ghosh told reporters.

She has been admitted to the AIIMS here for treatment.

Several other students were also injured in the incident.

In a video of the incident, a group of goons with their faces covered can be seen assaulting students with wooden sticks and rods.

A tweet from the official handle of the JNUSU said, "Sabarmati Hostel: right now. They are beating the students who are inside. Knocking on doors with rods. People are jumping from balconies. #SOSJNU #EmergencyinJNU."

"Professors who were trying to protect us have been beaten up. These are unknown ABVP goons, not all are students, they have covered their faces, and they are moving towards the hotels near the West Gate. Stay alert. Make human chains. Protect each other. #SOSJNU #EmergencyinJNU," another tweet added.

Meanwhile, the ABVP's JNU unit claimed in a tweet: "Emergency in JNU. Leftist goons of JNU accompained with their cadre from other universities have crossed every limit. They have proceeded with unimaginable violence on ABVP activists of JNU."

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News Network
March 7,2020

New Delhi, Mar 7: No country in the world says everybody is welcome, External Affairs Minister S Jaishankar said on Saturday, hitting out at those criticising India over the Citizenship (Amendment) Act.

Jaishankar criticised the United Nations Human Rights Council (UNHRC) for its criticism on the situation in Jammu and Kashmir, saying its director had been wrong previously too and one should look at the UN body's past record on handling the Kashmir issue.

"We have tried to reduce the number of stateless people through this legislation. That should be appreciated," he said when asked about the CAA at the ET Global Business Summit. "We have done it in a way that we do not create a bigger problem for ourselves."

"Everybody, when they look at citizenship, have a context and has a criterion. Show me a country in the world which says everybody in the world is welcome. Nobody says that," the minister said.

The external affairs minister said moving out of the Regional Comprehensive Economic Partnership (RCEP) was in the interest of India's business.

Asked about the UNHRC director not agreeing with India on the Kashmir issue, Jaishankar said: "UNHRC director has been wrong before.

"UNHRC skirts around cross-border terrorism as if it has nothing to do with country next door. Please understand where they are coming from; look at UNHRC's record how they handled Kashmir issue in past," he added.

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