Modi, Sharif evade each other at SAARC

November 27, 2014

SAARC-ModiKathmandu, Nov 27: A thaw in the Indo-Pak ties remained a distant dream on Wednesday as Prime Minister Narendra Modi and his Pakistani counterpart M Nawaz Sharif cold-shouldered each other though they shared the dais at the inaugural session of the 18th summit of South Asian Association for Regional Cooperation (Saarc) here.

Despite sitting in the vicinity of each other for a couple of hours in the City Hall, the two leaders did not show any inclination of repeating what A B Vajpayee and Pervez Musharraf, then prime minister of India and president of Pakistan respectively, did in the same city 12 years ago. Musharraf made a surprise move by greeting Vajpayee during the 11th Saarc summit in Kathmandu in January 2002 and the photographs of the handshake that followed were widely publicised.

The Musharraf-Vajpayee meet was the first such encounter between the leaders of Pakistan and India after the Agra Summit of July 2001 failed to achieve any breakthrough.

The expectation of a similar bonhomie on Wednesday, when it was Modi and Sharif’s turn to represent India and Pakistan in the 18th conclave of South Asian leaders, was belied as the two leaders did not greet each other.

As the Saarc summit returned to Kathmandu after 12 years amid a fresh stand-off between India and Pakistan, a similar exchange of gesture between Modi and Sharif could have set the stage for a bilateral meeting on the sidelines. This, however, did not happen, and the two leaders, who had a very cordial meeting in New Delhi in May, were not even seen greeting each other on Wednesday.

When Sharif walked up to the lectern to make his speech, Modi was seen busy looking at some papers. He appeared nonchalant even when other leaders joined the audience in applause as Pakistani counterpart was returning to his seat after delivering the address. Sharif did the same when Modi got up to deliver his address and returned to his seat.

There was also no opportunity for a brief exchange of courtesy even after the conclusion of the inaugural session as Sharif left quickly and Modi chatted with Nepalese Prime Minister Sushil Koirala.

Modi met Koirala soon after his arrival in Kathmandu. He had bilateral meetings with President Ashraf Ghani of Afghanistan, President Mahinda Rajapaksa of Sri Lanka, President Abdulla Yameen Abdul

Gayoom of The Maldives, Prime Minister Tshering Tobgay of Bhutan and Prime Minister Sheikh Hasina of Bangladesh.

Ministry of External Affairs spokesperson Syed Akbaruddin on Wednesday told journalists in Kathmandu that no formal bilateral meeting between Modi and Sharif had been scheduled so far as New Delhi had not received any proposal from Islamabad for such parleys.

India on Tuesday said it would be ready for a dialogue with Pakistan only if it was assured that the parleys would be “meaningful”. New Delhi clarified its position after Sharif told journalists soon after arriving in Kathmandu that the ball was in Modi’s court to restart the dialogue.

At a meeting held a day after Modi’s swearing-in ceremony, the two leaders had agreed that foreign secretaries of the two countries would meet to explore restarting of the stalled bilateral dialogue. India, however, called off the talks in August protesting Pakistan’s move to consult Kashmiri separatist leaders ahead of the parleys.

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Agencies
May 17,2020

New Delhi, May 17: Eight of the 10 most valued domestic firms suffered a combined erosion of Rs 1,37,311.31 crore in market valuation last week, with Reliance Industries (RIL) taking the biggest knock.

Only Bharti Airtel and ITC from the top-10 list managed to close the week with gains.

RIL's market cap plunged Rs 65,232.46 crore to Rs 9,24,855.56 crore.

The market valuation of HDFC Bank declined Rs 22,347.07 crore to Rs 4,87,083.88 crore and that of Hindustan Unilever Limited tanked Rs 13,192.26 crore to Rs 4,77,458.89 crore.

ICICI Bank's market cap dropped Rs 9,770.06 crore to Rs 2,08,900.79 crore.

Infosys witnessed a decline of Rs 9,518.84 crore in valuation to reach Rs 2,77,814.09 crore while that of HDFC tumbled Rs 9,370.38 crore to Rs 2,83,293.70 crore.

The m-cap of Kotak Mahindra Bank slipped by Rs 7,805.2 crore to Rs 2,25,327.22 crore.

Tata Consultancy Services' market valuation dipped Rs 75.04 crore to Rs 7,10,439 crore.

In contrast, Bharti Airtel added Rs 13,147.89 crore to its valuation to stand at Rs 3,02,292.43 crore.

ITC's valuation also rose by Rs 7,744.11 crore to Rs 2,02,330.13 crore.

In the ranking of top-10 firms, RIL retained the number one spot, followed by TCS, HDFC Bank, HUL, Airtel, HDFC, Infosys, Kotak Mahindra Bank, ICICI Bank and ITC.

During the last week, the Sensex declined 544.97 points or 1.72 per cent.

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News Network
February 14,2020

Feb 14: R K Pachauri, a former chief of The Energy and Resources Institute, passed away on Thursday after a prolonged cardiac ailment, TERI Director General Ajay Mathur said.

He was 79.

"It is with immense sadness that we announce the passing away of R K Pachauri, the founder Director of TERI. The entire TERI family stands with the family of Dr Pachauri in this hour of grief," Mathur said in a statement issued by the TERI.

"TERI is what it is because of Dr Pachauri's untiring perseverance. He played a pivotal role in growing this institution, and making it a premier global organisation in the sustainability space," said Mathur, who succeeded Pachauri at TERI in 2015. Pachauri was admitted to Escorts Heart Institute in the national capital where he underwent open heart surgery and was put on life support on Tuesday, sources said.

In the statement issued by TERI, its Chairman Nitin Desai hailed Pachauri's contribution to global sustainable development as "unparalleled".

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News Network
March 3,2020

New Delhi, Mar 3: Delhi's Tihar Prison authorities had made all necessary preparations for the hanging of four convicts in the Nirbhaya gangrape-and-murder case which was scheduled for Tuesday, officials said Monday.

However, on Monday evening, a city court deferred the hanging till further orders.

Postponing the execution, Additional Sessions Judge Dharmender Rana said the hanging cannot be carried out pending disposal of Pawan Gupta's mercy plea before the President, observing any condemned convict must not meet his "Creator" with grievance against courts for not acting fairly on the opportunity to exhaust legal remedies.

"We had made all the necessary arrangements for the execution of the four convicts which was scheduled for Tuesday at 6 AM. Now, the execution has been postponed and we are waiting for the further order by the court," a senior jail official said.

The hanging of the four men -- Mukesh Kumar Singh (32), Vinay Kumar Sharma (26), Akshay Kumar Singh (31) and Pawan -- who are lodged in Tihar jail, was fixed for March 3 in Tihar jail on a court order.

"We had checked the ropes. Hangman was called and dummy executions were carried out," another senior jail official said.

Barring Pawan, the other three had in the previous weeks moved curative petitions and mercy pleas which were all dismissed.

The first date of execution -- January 22 -- fixed on January 7 was postponed by the court to February 1. But on January 31, the court indefinitely postponed the hanging. On February 17, the court again issued fresh date for execution of death warrants for March 3 at 6 AM.

The court in its orders observed that the four convicts cannot be hanged since a mercy plea of one or the other convict was pending.

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