Modi leaves for US, hopes visit will mark new chapter

September 25, 2014

New Delhi, Sep 25: Describing America as India's "vital partner", Prime Minister Narendra Modi today embarked on his first visit to the US confident that his five-day trip will mark a "new chapter" in bilateral strategic ties.

modiAs Modi seeks to promote India as open for business and to mend ties with the US after a bitter diplomatic row last year, Modi said he was looking forward to meeting President Barack Obama in Washington over two days.

The Prime Minister said he will discuss with Obama how Indo-US ties can be taken to a "new level" in the interest of the two countries as well as of the world.

Obama will host a rare private dinner for Modi at the White House on September 29, so as to establish a personal relationship with the Indian leader ahead of summit talks the next day. The two leaders are meeting for the first time.

The Prime Minister is expected to have only tea and lemonade at the dinner as his US visit coincides with the Navratri fast which he religiously observes every year.

"I will discuss with President Obama how we can use the strength of all that we share and all that we have built so far to take our relationship to a new level in the interest of our two countries and the cause of this world. I am confident that the visit will mark the start of a new chapter in our strategic partnership," he said in a statement before he took off on a special Air India plane.

Modi will have a stopover in Frankfurt tonight and will reach New York tomorrow and later proceed to Washington on September 29.

"I see the United States as a vital partner for our national development, drawing especially on the rich possibilities of partnership in education, skills, research, technology and innovation – and, above all, a shared commitment to human values.
Working together, and with others, we can bridge the many divisions of our times and contribute to building a more peaceful, stable, secure, sustainable and prosperous world," the Prime Minister said.

The case involving Indian diplomat Devyani Khobragade last year had escalated into a full-blown diplomatic spat between India and the US, casting a shadow on their ties. Khobragade was arrested and then strip-searched in New York for allegedly mistreating her domestic maid.

In New York, Modi will deliver his maiden address at the UN General Assembly on Saturday.

In his address at the 69th session of the UNGA, Modi said he will call for a stronger global commitment and more concerted multilateral action in addressing challenges of fragile global economy, turbulence and tension in many parts of the world, growth and spread of terrorism, the Ebola health crisis in Africa, climate change and eradication of poverty.

"I will also stress the urgency of early reforms in the United Nations, to ensure that it remains relevant and effective in dealing with the challenges of the 21st Century," he said.

Modi would be meeting as many as 11 top corporate honchos over breakfast on September 29 apart from one-on-one meetings with six more business captains the same day in New York. He will also be participating in a business meet, to be organised by USIBC that is expected to be attended by 300-400 businessmen in Washington on September 30.

"I look forward to meeting business leaders to invite them to participate more actively in India's economic growth and transformation. This is message that I will also convey to the US business community in Washington DC.

"My participation in a public event in Central Park in New York on poverty is to focus international attention on this great challenge for humanity and affirm my support for global civic action, especially involving the youth, to address it," said Modi.

Referring to his scheduled address at the Madison Square Garden in New York on September 28, he said he was keenly awaiting the opportunity to meet the Indian-American Community there.

"Their success in diverse fields, their contribution to the United States, their abiding bonds with India and their role as a vibrant bridge between the two largest democracies is a source of pride for us. They serve as a window to our heritage, progress and potential," he said.

Modi would also be meeting the top American political leadership ranging from former President Bill Clinton and former Secretary of State Hillary Clinton to Indian-American South Carolina Governor Nikki Haley.

In Washington, there is a very high level of expectation from Modi's meeting with President Obama.

Obama has gone out of his way to host a rare private dinner for Modi at the White House on September 29, so as to establish a personal relationship with the Indian leader.

Ahead of his main summit at the White House on September 30, Modi would visit the Martin Luther King Memorial and Lincoln Memorial in Washington and pay floral tribute to Mahatma Gandhi's statue in front of the Indian Embassy.

This would be for the first time that an Indian Prime Minister would have so many public and private engagements during a US visit.

New York City Mayor Bill de Blasio would make a courtesy call on the Prime Minister shortly after he arrives. Modi would also meet Nobel laureate Harold Eliot Varmus, who is the current Director of the National Cancer Institute.

He will pay a visit to the 9/11 memorial in New York on Saturday following which he is expected to drive down to the United Nations headquarters to address the 69th annual session of UN General Assembly. He would also meet UN General Secretary Ban Ki-moon.

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News Network
May 4,2020

New Delhi, May 4: The country's manufacturing sector activity witnessed unprecedented contraction in April amid national lockdown restrictions, following which new business orders collapsed at a record pace and firms sharply reduced their staff numbers, a monthly survey said on Monday.

The headline seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) fell to 27.4 in April, from 51.8 in March, reflecting the sharpest deterioration in business conditions across the sector since data collection began over 15 years ago.
The index slipped into contraction mode, after remaining in the growth territory for 32 consecutive months.

In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.

Amid widespread business closures, demand conditions were severely hampered in April. New orders fell for the first time in two-and-a-half years and at the sharpest rate in the survey's history, far outpacing that seen during the global financial crisis, the survey said.

"After making it through March relatively unscathed, the Indian manufacturing sector felt the full force of the coronavirus pandemic in April," said Eliot Kerr, Economist at IHS Markit.
Panellists attributed lower production to temporary factory closures that were triggered by restrictive measures to limit the spread of COVID-19.

Export orders also witnessed a sharp decline. Following the first reduction since October 2017 during March, foreign sales fell at a quicker rate in April. "In fact, the rate of decline accelerated to the fastest since the series began over 15 years ago," the survey said.

On the employment front, deteriorating demand conditions saw manufacturers drastically cut back staff numbers in April. The reduction in employment was the quickest in the survey's history.

"In the latest survey period, record contractions in output, new orders and employment pointed to a severe deterioration in demand conditions.
“Meanwhile, there was evidence of unprecedented supply-side disruption, with input delivery times lengthening to the greatest extent since data collection began in March 2005," Kerr said.

On the prices front, both input costs and output prices were lowered markedly as suppliers and manufacturers themselves offered discounts in an attempt to secure orders.

Going ahead, sentiment regarding the 12-month outlook for production ticked up from March's recent low on hopes that demand will rebound once the COVID-19 threat has diminished and lockdown restrictions eased.

"There was a hint of positivity when looking at firms' 12-month outlooks, with sentiment towards future activity rebounding from March's record low. That said, the degree of optimism remained well below the historical average," Kerr said.

In India, the death toll due to COVID-19 rose to 1,373 and the number of cases climbed to 42,533 as on Monday, according to the health ministry.

Meanwhile, the coronavirus-induced lockdown has been extended beyond May 4, for another two weeks in the country.

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News Network
January 21,2020

Lucknow, Jan 21: Defending his brainchild, the Citizenship Amendment Act (CAA), Union home minister Amit Shah on Tuesday said the new law will not be scrapped despite the countrywide protests against it.

Addressing a rally here to drum up support for the CAA, Shah also declared that construction of a Ram temple "touching the skies" in Ayodhya will begin within three months.

He said there is no provision in the amended law for taking anyone's citizenship away. "A canard is being spread against the CAA by the Congress, SP, BSP, and Trinamool Congress. The CAA is a law to grant citizenship," he added.

"I want to say that irrespective of the protests this will not be withdrawn," he added.

Shah challenged Congress leaders to hold a discussion with him on CAA at a public forum.

He named Congress leader Rahul Gandhi, Samajwadi Party's Akhilesh Yadav, Bahujan Samaj Party's Mayawati and TMC chief Mamata Banerjee while throwing the "challenge".

Congress has become blind due to vote bank politics,"he said. He also blamed the Congress for Partition.

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News Network
April 25,2020

New Delhi, Apr 25: With 1,429 more COVID-19 cases reported in the last 24 hours, India's count of coronavirus cases has reached 24,506, said Ministry of Health and Family Welfare on Friday.

Out of these, 18,668 patients are active cases and 5063 cases have been cured, discharged, or migrated.

The death toll stands at 775, with as many as 57 deaths reported in the last 24 hours.

According to the morning update by the ministry, Maharashtra continues to be the worst-hit State with 6,817 cases of which 840 patients have recovered and 301 patients have died.

Gujarat now stands in the second spot with 2,815 cases, of which 265 have recovered and 127 people have died. Meanwhile, Delhi's count stands at 2,514 of which 857 patients have recovered, while 53 patients have lost their lives.

Tamil Nadu's COVID-19 figure stands at 1,755 with 866 patients recovered and 22 fatalities. Rajasthan has reported 2,034 cases of which 230 have recovered and 27 patients are dead.

Madhya Pradesh has reported 1,852 positive cases so far of which 210 patients have recovered and 92 patients have lost their lives due to the virus. In Uttar Pradesh, as many as 1,621 people have confirmed COVID-19, of which 247 recovered and 25 people have succumbed to it.

In Kerala, which reported the country's first COVID-19 case, 450 people have been detected positive for coronavirus.

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