New Delhi, Beijing support trilateral with US, says Chinese Ambassador

December 13, 2014

New Delhi, Dec 13: India and China today supported the idea of a trilateral dialogue involving them and the US to deal with major global challenges and ensure better mutual ties.LeYucheng

"I agree with the proposal to launch a trilateral talk between China, the US and India. I think it is a good idea. China is open to any dialogue if it produces peace and development. I think it is a very positive idea," Chinese Ambassador Le Yucheng said.

He was replying to a question at an interactive session at the conference on "Shaping the 21st Century: India, the US and China" organised by Bengaluru-based media group Deccan Herald.

Minister of State for External Affairs V K Singh also supported the idea, saying such a proposal will enhance cooperation between the three countries which have strong ties bilaterally with each other.

The idea for such a dialogue was mooted by former Union Minister Jairam Ramesh while addressing the conference.

Editor of Deccan Herald K N Tilak Kumar said the world today was witnessing a tectonic change with the phenomenal rise of China and the continued prominence of the US.

"Both countries are important to India and each one of the three have high stakes in economic ties with the other two," Kumar said, adding the kind of three-way relationship between them will be important not only to each of them but to the whole world.

The combined contribution of India, US and China to the global GDP is between 40 and 45 per cent and their population is estimated at 40 per cent of the world.

Singh and Le also agreed that the boundary question should be resolved mutually and peace and tranquility at the border should be maintained.

Listing the commonalities and shared interests, Singh said if "you have a trilateral dialogue, I think it will only further the type of interests (we are) seeking."

In his address, the Chinese ambassador said he was "very optimistic" about the "future" between India and China and underlined the need for ensuring peace on the border before reaching a final solution.

The Chinese envoy also talked about the trade imbalance with India and said China was opening up its market for Indian companies in many areas to find a solution to the issue.

Replying to a question on South China Sea dispute, he termed it as a complicated issue but asserted that China's sovereignty over the islands in the area was "undisputed".

"It is very complicated (issue). I think if we develop very good relation and cooperation with (concerned countries) we can find a way out. One thing is clear that China's sovereignty over these islands is undisputed," Le said.

In his address, the envoy said though China was "rising" as a major power, it does not seek "hegemony"

"China will remain a benign power and conduct its foreign policy in a constructive way and we will uphold international justice. We will seek cooperative relations with major powers and India. China is not a destroyer and challenger to world order. It is a contributor," he said.

Earlier, Ramesh strongly advocated an institutionalised mechanism for trilateral dialogue among the three powers to deal with issues like climate change, terrorism, energy security and to stop nuclear proliferation.

Ramesh said such a platform was necessary to ensure that differences on various issue do not result in "needless confrontation" and to ensure cohesion on strategic matters.

Identifying climate change as a major issue, he said no global pact to combat global warming was possible without an understanding among the US, China and India as they account for 45-50 per cent of world's green house gas emissions.

Currently, China accounts for about 29 per cent of green house gas emissions while it is 16 per cent by the US and 6 per cent by India. He also welcomed recent announcement by the US and China to take certain actions.

"Environmentally they may not be the most desirable or optimal actions. But these are politically and economically the most realistic action. I think the onus will be on India now to do something meaningful and substantial," he said.

Ramesh said combating terrorism and stopping nuclear proliferation were the other key issues the three countries should work together.

He said as three nuclear powers with substantial arsenals of "strategic and tactical" nuclear weapons, it was incumbent on the US, China and India to ensure nuclear non-proliferation and eliminate the threat of nuclear terrorism as well as to end weapons of mass destructions.

He said the three countries should also ensure that all the states are made accountable for actions of non-state actors whom they may be supporting tacitly. "All three countries have tremendous interests in ensuring that the sources of terrorism are eliminated."

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News Network
January 1,2020

Kolkata, Jan 1: US-based Bangladeshi author and playwright Sharbari Zohra Ahmed feels that the people of the country of her origin are more alike than different from Indians as they were originally Hindus.

But Bangladeshis now want to forget their Hindu roots, said the author, who was born in Dhaka and moved to the United States when she was just three weeks old.

Ahmed, who is the co-writer of the Season 1 of 'Quantico', a popular American television drama thriller series starring Priyanka Chopra, rues that her identity as a Bengali is getting lost in Bangladesh due to the influence of right-wing religious groups.

"How can Bangladesh deny its Hindu heritage? We were originally Hindus. Islam came later," Ahmed said while speaking to PTI here recently.

"The British exploited us, stole from us and murdered us," she said about undivided India, adding that the colonialists destroyed the thriving Muslin industry in Dhaka.

Ahmed said the question of her belief and identity in Bangladesh, where the state religion is Islam, has prompted her to write her debut novel 'Dust Under Her Feet'.

The British exploitation of India and the country's partition based on religion has also featured in her novel in a big way.

Ahmed calls Winston Churchill, the British prime minister during World War II, a "racist".

"He took the rice from Bengal to feed his soldiers and didn't care when he was told about that.

"During my research, I learnt that two million Bengalis died in the artificial famine that was created by him. When people praise Churchill, it is like praising Hitler to the Jews. He was horrible," she said.

The author said her novel is an effort to tell the readers what actually happened.

"Great Britain owes us three trillion dollars. You have to put in inflation. Yet, they (the British) still have a colonial mentality and white colonisation is on the rise again," Ahmed, who was in the city to promote her novel, said.

The novel is based in Kolkata, then Calcutta, during World War II when American soldiers were coming to the city in large numbers.

The irony was that while these American soldiers were nice to the locals, they used to segregate the so-called "black" soldiers, the novelist said.

"Calcutta was a cosmopolitan and the rest of the world needs to know how the city's people were exploited, its treasures looted, people divided and hatred instilled in them," she said.

"Kolkata was my choice of place for my debut novel since my mother was born here. She witnessed the 'Direct Action Day' when she was a kid and was traumatised. She saw how a Hindu was killed by Muslims near her home in Park Circus area (in the city)," Ahmed said.

Direct Action Day, also known as the Great Calcutta Killings, was a massive communal riot in the city on August 16, 1946 that continued for the next few days.

Thousands of people were killed in the violence that ultimately paved the way for the partition of India.

'Dust Under Her Feet' is set in the Calcutta of the 1940s and Ahmed in her novel examines the inequities wrought by racism and colonialism.

The story is of young and lovely Yasmine Khan, a doyenne of the nightclub scene in Calcutta.

When the US sets up a large army base in the city to fight the Japanese in Burma, Yasmine spots an opportunity.

The nightclub is where Yasmine builds a family of singers, dancers, waifs and strays.

Every night, the smoke-filled club swarms with soldiers eager to watch her girls dance and sing.

Yasmine meets American soldier Lt Edward Lafaver in the club and for all her cynicism, finds herself falling helplessly for a married man who she is sure will never choose her over his wife.

Outside, the city lives in constant fear of Japanese bombardment at night. An attack and a betrayal test Yasmine's strength and sense of control and her relationship with Edward.

Ahmed teaches creative writing in the MFA program in Manhattanville College and is artist-in-residence in Sacred Heart University's graduate film and television programme.

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abdullah
 - 
Wednesday, 1 Jan 2020

Is she trying to take over Shoorpanakhi Taslim Nasreen? 

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News Network
June 18,2020

New Delhi, Jun 18: For the 12th consecutive day, state-run oil marketing companies (OMCs) has increased the price of fuel on Thursday.

The price of petrol is increased by 53 paise a litre while that of diesel by 64 paise a litre.

Petrol and diesel will now cost Rs 77.81/litre and Rs 76.43/litre respectively in Delhi.

Notably, oil marketing companies have been adjusting retail rates in line with costs after an 82-day break from rate revision amidst the COVID-19 pandemic. These firms on June 7 restarted revising prices in line with costs.

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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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