India, China vow to end border dispute, sign eight agreements

May 20, 2013

India_China_vow

New Delhi, May 20: The Indian and Chinese premiers pledged on Monday to finally resolve a border dispute that has soured ties for decades, saying good relations between the two Asian giants were key to world peace.

Chinese Premier Li Keqiang, making his first foreign visit since taking office, said that Beijing was determined to build up trust with New Delhi as he and a team of ministers signed a series of joint agreements with India.

His host, Prime Minister Manmohan Singh, also stressed he regarded a good bilateral relationship as crucial to the wider region's development.

Li's visit comes after a flare-up last month in a long-running border dispute between the two countries in a remote Himalayan region.

New Delhi accused Chinese troops of intruding nearly 20 kilometres (12 miles) into Indian-claimed territory, triggering a three-week standoff that was resolved when troops from both sides pulled back.

The Line of Actual Control between the nuclear-armed neighbours has never been formally demarcated, although they have signed accords to maintain peace since the border region saw a brief Indo-Chinese war in 1962.

Singh said there was now a mutual desire to finally resolve the dispute and that a joint working group would be established to reach a lasting agreement.

"We agreed that our special representatives will meet soon to continue discussions seeking an early agreement on a framework for a fair, reasonable and mutually acceptable boundary settlement," Singh said after talks with Li.

"Peace and tranquillity on our border has to be preserved," PM Manmohan Singh added at a joint news conference in New Delhi.

Li said the border dispute was a historical hangover and that there was a desire on both sides to overcome it.

"We have established the principles for settling the question," Li said.

"Both sides believe we need to improve the border mechanisms that have been put into place and make them more efficient.. and appropriately resolve our differences.

"The two sides should continue to advance the negotiations on the boundary question and jointly maintain peace and tranquillity in the border area," he added.

Speaking earlier, Li had said that good relations between India and China would "be a true blessing for Asia and the world".

"World peace... cannot be a reality without strategic trust between India and China," he added.

The news conference followed signing ceremonies on a series of issues ranging from agriculture to tourism and trade.

There was also an agreement to resolve a dispute over a Chinese plan to build three more hydropower dams across the cross-border Brahmaputra river, known in China as the Yarlung Tsangpo.

Singh said he had raised Indian concerns about the Chinese activities "on the upper reaches of our shared rivers".

Li is also scheduled to meet foreign minister Salman Khurshid, ruling Congress party leader Sonia Gandhi and senior figures from the main opposition Bharatiya Janata Party before heading Tuesday to India's financial hub, Mumbai.

China is India's second-largest trading partner, with two-way commerce totalling $66.5 billion last year, and the two countries are hoping that figure will reach $100 billion by 2015.

Several major roads in the Indian capital have been closed to prevent Tibetan protestors from disrupting Li's visit, and exile groups have complained of heavy-handed policing in their neighbourhoods.

Police detained three Tibetan protesters near the luxury Taj Palace in the Indian capital where the Chinese premier was staying, an AFP photographer said.

After wrapping up his visit to India, Li is due to travel to neighbouring Pakistan before heading to Switzerland and Germany.

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News Network
May 28,2020

New Delhi, May 28: The Crime Branch of the Delhi Police will file 12 chargesheets against 536 Tablighi Jamaat members from three countries, officials said on Thursday.

Till now, the police has already filed chargesheets against 374 foreigners from 32 countries.

The officials said the charges against the Tablighi Jamaat members pertain to violation of visa rules, government guidelines regarding the Epidemic Disease Act and acting negligently in a way that was likely to spread infection of disease dangerous to life.

The Tablighi Jamaat, a religious organisation in Nizamuddin in South Delhi, had allegedly organised a congregation in March in violation of mass gatherings.

The Tablighi Jamaat’s Nizamuddin Markaz (centre) had become a coroavirus hotspot in the national capital.

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News Network
February 9,2020

Kochi, Feb 9: P Parameswaran, one of the senior-most "pracharaks" of the Rashtriya Swayamsevak Sangh (RSS) and former leader of the erstwhile Bharatiya Jana Sangh, died at 91 in the early hours today, Sangh Parivar sources said.

The founder director of the Bharatheeya Vichara Kendram died at 12.10 am while undergoing Ayurvedic treatment at Ottappalam in Kerala's Palakkad district, according to sources.

P Parameswaran, who had worked with leaders like Deendayal Upadhyaya, Atal Bihari Vajpayee and LK Advani during the Jana Sangh days, was honoured with Padma Vibhushan, the country's second highest civilian award in 2018 and Padma Shri in 2004.

Fondly called as Parameswar ji by Sangh Parivar and Bharatiya Janata Party leaders, he was a prolific writer, poet, researcher and a widely-respected RSS ideologue. He was the Bharatiya Jana Sangh's secretary (1967-1971) and vice0president (1971-1977), as well as the director of the Deendayal Research Institute (1977-1982) in New Delhi.

Born in 1927 in Muhamma, Alappuzha district, he joined the RSS during his student days.

His body will be brought to the RSS headquarters in Kochi this morning for people to pay their last respects. The cremation will be held in Muhamma in the evening, sources said.

During the days of Emergency between 1975-77, he courted arrest as part of the all India Satyagraha against it and was jailed for 16 months.

Bharatheeya Vichara Kendram was established by P Parameswaran in 1982 "to promote nationalist thoughts among Keralites".

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News Networkwork
May 14,2020

Bengaluru, May 14: ABB India has posted a profit after tax of Rs 66 crore during the first quarter (January to March) due to lower volumes including service revenue and unfavourable mix.

In Q1 CY19, it had reported a profit after tax of Rs 89 crore. ABB India follows calendar year as its fiscal year.

The company reported a profit including exceptional items and before tax of Rs 87 crore. The resultant under-absorption and mark-to-market impact due to forex volatility were partly offset by refund incomes and a one-time gain on sale of solar business during the quarter.

Revenues for the first quarter stood at Rs 1,522 crore, impacted by lower sales, non-receipt of delivery clearance, lower service revenue in the nationwide lockdown due to the COVID-19 pandemic. This impact primarily occurred in March, the company said in a statement.

ABB India said it continues to maintain a stable cash position of Rs 1,464 crore as on March 31 in a market where cash collection continues to be a challenge.

Besides, despite many activities coming to a standstill in March, the quarter was marked by commissioning for a mining major at Raigarh in Chhattisgarh, electrical and automation systems for a cement major and port and electrics, drives and automation for a leading mill in Bangladesh.

Terminal installation and commissioning for LPG, power management electrical control system for a leading refinery and commissioning of two units of a power plant in Kerala are some of the other projects where ABB's involvement ensured continuity and safe operations, it said.

On a global scale, the impact of COVID-19, as well as the fall in oil prices, has significantly impacted the short-term outlook. The global economy is expected to contract in 2020 after a rapid deterioration in outlook driven by the pandemic.

Despite unprecedented stimuli by governments and central banks around the world and initial signs of recovering economic activity in China, macro-indicators point to a global recession of uncertain duration as many countries continue to face restrictions with anticipated long-term economic consequences, said ABB India.

While the company is taking prompt action to adapt its operations and cost base to safeguard profitability, it expects the results in the coming quarter to be impacted due to the loss of volumes.

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