Modi plays nationalism card, rakes up surgical strike in Karnataka

Agencies
May 3, 2018

Kalaburagi, May 3: Playing the nationalism card, Prime Minister Narendra Modi on Thursday accused the Congress of "insulting national heroes" and the Indian Army by "questioning" the veracity of the cross-border surgical strikes.

He also said that Congress president Rahul Gandhi "disrespected" the national song 'vande mataram'.

"Forgetting the national heroes, patriots and history is the nature of a family in the Congress. (Jawaharlal) Nehru and V K Krishna Menon insulted General (KS) Thimayya, who had to resign. They neglected General (K M) Cariappa," Modi told an election rally in Kalaburagi in Karnataka, as he sought to connect with the voters of the home state of the two legends of the Army.

Invoking Sardar Vallabhbhai Patel, the prime minister said independent India's first home minister, was instrumental in forcing the Nizam of Hyderabad, who controlled the region where Kalaburagi is located, to accede to the country.

"But one family in the Congress loses its sleep whenever Sardar Patel's name crops up," he said.

Seeking to appeal to patriotic sentiments of voters, the prime minister raked up the issue of cross-LoC surgical strikes, claiming the Congress questioned the genuineness of the assault by the Indian Army.

"They (Congress) sought proof about the genuineness of the surgical strike. Bodies of Pakistani soldiers were carried on trucks, a newspaper said that...and they need proof. Should our soldiers go on such operations with a camera or a gun?" he said.

The prime minister said a Congress leader even called the Army chief a "goonda" (gangster) after the surgical strike.

The prime minister reached out to farmers of Karnataka, saying his government would take up farming of pulses in a big way.

Rejecting the Congress claim that it was a champion of Dalit causes, Modi referred to "atrocity" on a Dalit girl in Karnataka's Bidar. "But the state's ruling party did not speak about it. they had no candlelight protests," he said.

"This party (Congress) only knows how to prostrate before the members of one family. But we have decided to construct memorials to the tribals who fought against the British since 1857 to 1947 when India became independent," he said.

Comments

shahid
 - 
Thursday, 3 May 2018

This PM even doesnt know to stand still while the national anthem is played in russia, rather he started walking facing the russian army..... later a russian official stopped him by pulling his hand..... waa marl maraya..... can u speak on this topic Mr. PM???

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News Network
February 24,2020

New Delhi, Feb 24: The National Investigation Agency (NIA) is conducting raids at more than 20 locations in Karnataka and Tamil Nadu. The latest raids are being carried out in connection with ISIS conspiracy cases.

More details are currently awaited regarding the cases.

Meanwhile, NIA had on February 15 filed a charge sheet against two Lashkar-e-Toiba (LeT) terrorists before the agency special court, Jammu. The two terrorists are identified as Khalil Ahmad Kayani (34) and Mohammad Nazeem (23), both residents of Haveli Farwad Kahuta district in Pakistan occupied Kashmir (PoK).

The case is related to the arrest of the two accused near Nilkanth Nala, approximately 700 metres inside the Indian side of LoC, in Gulmarg Sector of Baramulla district.

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News Network
January 15,2020

Bengaluru, Jan 15: The Indian startups secured 12.7 billion in funding last year -- a 15% growth compared to 2018 - and Bengaluru startup community topped the list, with securing $5.3 billion across 267 deals, a new report said on Tuesday.

In total, the Indian startups attracted 766 deals in 2019, taking total deal count between 2014-2019 to 5,011, said DataLabs by Inc42 in its annual startup funding report.

Sequoia took the top spot as the most active VC in 2019 with 53 deals, followed by Accel that participated in 38 deals. Blume Ventures, Matrix Partners and Tiger Global were in the top five VCs in 2019.

"The Indian startup economy is entering new decade with over $58 billion in fundraising and 2,984 funded startups between 2014-2019," the findings showed.

With an average of $21 million, the ticket size value of funding increased by 15% in 2019.

Ecommerce and fintech -- with $2.6 billion funding each -- took the top slot with 93 deals and 125 deals, respectively.

"Ecommerce continued to remain at the top by the end of 2019. The growing investor confidence towards sub-sectors such as vertical ecommerce, social commerce and private label businesses is one major factor for ecommerce maintaining its lead," a DataLabs spokesperson said in a statement.

According to the estimates, the funding amount and deal count in 2020 will be around $12.6 billion at a 1% decline from 2019.

"Nevertheless, the investment activity is expected to rise in 2021," said the report.

The data suggests that 2019 had lowest number of startups funded (664) in the last five years, with seed-stage funding deals dropping by 53%, compared to 2016.

With $252 million in funding, seed-stage deal value fell by 44% (compared to 2018) as only 306 seed funding deals were recorded, the report said.

The enterprise tech had a blockbuster year with total funding of $1.15 billion across 114 deals in 2019. The sector recorded a 49% surge in total funding amount, compared to 2018.

The Indian startup economy saw 275 unique VCs participating in funding in 2019, said the report.

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News Network
May 19,2020

Mumbai, May 19: Even as banks in United Arab Emirates are trying to trace NMC founder BR Shetty, a prominent bank in India is seeking to recover loans worth Rs19.13 billion from him and his companies. 

A local court has also barred him and his wife from selling or transferring some properties while it hears the case.

In the court filing, the Bank of Baroda said Shetty had an obligation to handover the title deeds of the 16 properties and mortgage the assets with the bank.

The 16 properties in several Indian cities including Bengaluru were among guarantees put up by Shetty and his wife against the Rs19.13 billion ($253 million) loans, according to a May 16 court order seen by Reuters. The court in Bengalaru set the next hearing in the case for June 8.

NMC, the largest private healthcare provider in the UAE, was placed under administration in April after months of turmoil. It disclosed in March it had debts of $6.6 billion, well above earlier estimates of $2.1 billion.

Finablr, in which Shetty has a controlling stake, said in April it may have nearly $1 billion more in debt than previously reported.

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