Modi, Sharif to hold talks today; US wants to see tensions reduce

July 10, 2015

Ufa/Russia, Jul 10: Prime Minister Narendra Modi will meet his Pakistani counterpart, Nawaz Sharif, on the sidelines of a summit in the Russian city of Ufa on Friday, raising hopes of a thaw in frosty ties between the South Asian rivals.

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The external affairs ministry confirmed that the talks will take place at 9:15am.

“It is confirmed. The two prime ministers will have a bilateral meeting at 9:15am on Friday on the sidelines of the SCO (Shanghai Cooperation Organisation) summit,” said MEA spokesperson Vikas Swarup.

The two leaders met informally at a dinner hosted by Russian President Vladimir Putin on Thursday.

On the eve of the talks, Pakistan violated ceasefire again at the Line of Control in Jammu and Kashmir on Thursday, in which one BSF jawan was killed.

Issuing a statement before the Modi-Sharif meet, a White House official said: "We want to see the tensions (between India and Pakistan) reduce. It's in nobody's interest for the tensions to rise... An awful lot of are kids living in that part of the world and everybody would want them to have a better future."

This will be the first structured meeting between the two leaders since Sharif attended Modi’s inauguration last May.

"We want good, friendly relations with neighbours, but conditions apply: the condition of peace being maintained in the region," said national security adviser Ajit Doval.

Ties between India and Pakistan nosedived after New Delhi called off talks between the foreign secretaries last August, incensed that Pakistan's envoy hosted Kashmiri separatists in the run-up to the talks.

The two leaders had a brief chat on the sidelines of the Saarc summit last November and have spoken on the phone several times.

But the ice-breaker was Modi’s recent telephone call to Sharif to greet him on Ramzan followed by a decision by the two countries to release fishermen in each other’s jails.

Indian sources, however, said red lines still existed, including an atmosphere free of violence and the absence of a third party (Hurriyat).

Sources said all issues of mutual concern will be raised at the meeting which was sought by the Indian side. But India’s concerns about Pakistan’s efforts to curb terrorism and bring the 2008 Mumbai attackers are key to taking the peace process forward.

Despite pressure from New Delhi, progress against the accused in the 2008 Mumbai terror attacks has remained tardy, especially the release of Lashkar-e-Taiba operations commander Zakiur Rehman Lakhvi that continues to be an irritant in bilateral ties.

Pakistan said the meeting will see a "comprehensive exchange on all issues of common interest".

"It has always been Pakistan's policy to seek cordial and cooperative ties with all neighbours, including India," the Pakistani foreign office spokesperson said.

"It was in the pursuit of this objective that Pakistan prime minister would be meeting the Indian prime minister for a comprehensive exchange on all issues of common interest."

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News Network
April 17,2020

New Delhi, Apr 17: With 1,076 new cases of COVID-19 in the last 24 hours and 32 deaths, India's total count of coronavirus cases has surged to 13,835, said the Union Ministry of Health and Family Welfare on Friday.

The total cases are inclusive of 1,766 cured and discharged patients, one migrated and 452 deaths. At present, there are 11,616 active COVID-19 cases in the country.

Before the lockdown, the doubling rate of COVID-19 cases was about three days, but according to the data of the past 7 days, the doubling rate of cases now stands at 6.2 days, said Lav Aggarwal, Joint Secretary, Health and Family Welfare.

"Before the lockdown, doubling rate of COVID-19 cases was about three days but according to the data of past 7 days, the doubling rate of cases now stands at 6.2 days," Aggarwal said during the daily briefing on COVID-19.

Aggarwal said that as many as 5 lakh rapid antibody testing kits are being distributed to States and Districts where a high case burden has been observed.

"A total of 1,919 dedicated COVID-19 hospitals with 1.73 lakh isolation beds, 21,800 ICU beds readied in India," he added. 

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News Network
June 20,2020

New Delhi, Jun 20: With the highest single-day increase of 14,516 COVID-19 cases reported in the last 24 hours, India's coronavirus count stood at 3,95,048 on Saturday.

The death toll has gone up to 12,948 in the country with 375 persons succumbing to the infection.

According to the Union Ministry of Health and Family Welfare, the total number of cases includes 1,68,269 active cases, 2,13,831 cured/discharged/migrated and 12,948 deaths.

Maharashtra with 1,24,331 cases continues to be the worst-affected state in the country with 55,665 active cases while 62,773 patients have been cured and discharged in the state so far. The death toll due to COVID-19 stands at 5,893 in the state.

The number of confirmed cases in Tamil Nadu also crossed the 50 thousand mark on Saturday and reached 54,449.

The national capital is the third-worst affected by the infection in the country with the count reaching 53,116 today.

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News Network
March 27,2020

Mumbai, Mar 27: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that Monetary Policy Committee (MPC) has taken note of the global economic activity coming to a near standstill due to the coronavirus pandemic and added that large parts of the world could slip into recession in the coming days to the coronavirus crisis.
"The MPC noted that global economic activity has come to a near stand-still as COVID-19 related lockdowns and social distancing are imposed across a widening swath of affected countries. Expectations of a shallow recovery in 2020, from 2019's decade low in global growth, have been dashed," Das said.
"The outlook is now heavily contingent upon the intensity, spread and duration of the pandemic. There is a rising probability that large parts of the world will slip into recession," he added.
The RBI Governor further added that "the implied GDP growth of 4.7 per cent in Quarter 4 of 2019-20, in the second advance estimates of the National Statistics Office which was released in February 2020, within the annual estimate of 5 per cent for the year as a whole is now at risk."
As per the outlook for the year 2020-21, Das said, "Apart from continuing resilience of agriculture and allied activities most other sectors of the economy will be adversely impacted by the pandemic depending upon, its intensity, spread and duration."
Das also announced a reduction in the repo and reverse repo rates for banks.
"The repo rate has been reduced by 75 basis points to 4.4 per cent. The reserve repo rate has been reduced by 90 basis points to 4 per cent," Das said addressing the media.
The decision for "a sizeable reduction" in the policy repo rate, according to the RBI Governor was taken to "revive growth and mitigate the impact of COVID-19 and ensure financial stability." 

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