Sonia: Opposition, civil society levelling ‘baseless’ allegations

June 4, 2012

sonia

New Delhi, July 4: A combative Congress president Sonia Gandhi on Monday made a scathing attack on the Opposition and civil society for levelling “baseless” allegations against the Prime Minister and the party, saying it was part of a conspiracy and told partymen to fight back.

“In a democracy, it is the job of the Opposition to oppose but the manner, in which the Opposition and some anti-Congress elements are, as part of a conspiracy, levelling baseless allegations against the Prime Minister, the UPA government, the party and some of our colleagues, is a matter of regret,” she said in her opening remarks at the meeting of the Congress Working Committee.

“We will have to fight fiercely against such allegations at the party and the government levels,” Ms. Gandhi said with Prime Minister Manmohan Singh by her side.

Without referring to the petrol price hike, she said there have been economic challenges too that are impacting the common man. “The whole world was passing through a difficult phase and we have to face it and we are facing it.”

She said the report to the people brought out on the third anniversary on the UPA government was a “document of success in spite of the difficulties.”

Without directly referring to any particular issue, she utilised the occasion to criticise non-Congress governments in the States alleging that they are not cooperating as is expected in a democracy in implementing the policies made by the Centre.

Ms. Gandhi said that the party has to be strengthened at all levels ahead of a series of State elections as also the Lok Sabha polls in 2014.

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Agencies
March 6,2020

New Delhi, Mar 6: After Yes Bank was placed under moratorium, digital payments were impacted as PhonePe, which depends on the cash-strapped lender for its transactions, could not operate.

It can be noted that the bank's own net banking facilities have not been operational since last evening. Other fintech operators who rely on Yes Bank to settle their transactions are also down.  “We sincerely regret the long outage. Our partner bank (Yes Bank) was placed under moratorium by RBI. Entire team's been working all night to get services back up asap (as soon as possible),” the app's chief executive Sameer Nigam tweeted early in the morning.

PhonePe, one of the country's largest digital payment platforms, is dependent on Yes Bank to process its transactions.

He added that the app hopes to be live in a “few hours”.

Yes Bank placed under a moratorium Thursday evening, with the RBI capping deposit withdrawals at Rs 50,000 per account for a month and superseding its board.

Yes Bank will not be able to grant or renew any loan or advance, make any investment, incur any liability or agree to disburse any payment.

For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.

He added that the app - one of the most popular interfaces for UPI transactions - hopes to be live in a “few hours”.

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News Network
January 1,2020

New Delhi, Jan 1: Prevention of Money Laundering Act (PMLA) court in Mumbai has allowed banks that lent money to embattled liquor tycoon Vijay Mallya to utilize seized assets, news agency reported today quoting sources from the Enforcement Directorate (ED). The court also said all parties affected by the order can appeal at the Bombay High Court till January 18.

Last month, a consortium of Indian banks petitioned a London court for ex-billionaire Vijay Mallya to be declared bankrupt over ₹9,000 crore in unpaid debts. It comes as Mallya, who founded the now defunct Kingfisher Airlines Ltd, faces extradition to his home country of India.

Mallya had fled India in March 2016 and has been living in the United Kingdom since then. The 64-year-old former Kingfisher Airlines is fighting extradition to India in relation of fraud and money laundering allegations arising out of the debt acquired from the banks.

Mallya remains on bail pending the UK High Court appeal hearing in the extradition proceedings brought by India in relation to fraud and money laundering charges amounting to ₹9,000 crores. He had been arrested on an extradition warrant back in April 2017 and has been fighting his extradition in the UK courts since then.

He was granted permission to appeal against his extradition order, which is scheduled in the Royal Courts of Justice in London for February.

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Agencies
August 3,2020

New Delhi, Aug 3: Afghanistan President Ashraf Ghani on Monday thanked Prime Minister Narendra Modi for the timely supply of food and medical assistance to meet the requirement in Afghanistan.

During their telephonic conversation, PM Modi also reiterated India's commitment to the people of Afghanistan in their quest for a peaceful, prosperous and inclusive Afghanistan, the Prime Minister's Office said in a statement on Monday.

The two leaders also exchanged views on the evolving security situation in the region and other areas of mutual bilateral interest.
Both leaders also exchanged greetings on Eid-Al-Adha. 

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