US ready to work with Modi, visa not an issue: Officials

November 8, 2013

USModiWashington, Nov 8: The US would be willing to work with BJP's prime ministerial candidate Narendra Modi, if the party is voted to power in the next general elections, senior Obama administration officials here have said asserting that the enduring bilateral relationship is to continue irrespective of the poll results.

"We will work with the leader of the world's largest democracy. There is no question about that," a senior US official yesterday said when asked about the prospects of working with an Indian Government led by Bharatiya Janata Party's PM nominee Narendra Modi.

Dismissing visa as a non-issue, the official said it was largely a creation of the Indian media and not at all an issue in the US Government.

"Visa issue is a media creation. He has to apply and we will review. He (Modi) has not applied (for a visa)," said the official, who spoke on the condition of anonymity.

"You said you have very strong relationship with Prime Minister Singh. If Modi become the Prime Minister next year, would that be problematic for the United States?" the official was asked.

"I think that the United States had a very strong relationship with the previous Indian government when it was under BJP leadership," the US official said.

"I think the relationship between the United States and India is an enduring one, it is a bipartisan in the United States, irrespective of who is in office. And we believe that (in a ) multiparty (system) in India that it is supported by all political parties, we expect that relationship to continue," the official said.

According to another US official "there is not a lot of angst about him (Modi)" in the US Government, but it is believed that the Administration has decided to maintain the status quo on this issue for the very reason that it might be seen as an interference in the internal domestic polity of India.

Any change in the status quo, might be used as political parties to politicise the issue ahead of the elections, sources said, adding that the US would be working with any leader who is elected as the Prime Minister of India after the next years general elections.

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News Network
March 27,2020

New Delhi, Mar 27: The death toll due to COVID-19 rose to 17 in the country on Friday and the number of coronavirus cases climbed to 724, according to the Health Ministry. In its updated figures at 9.15 am, the ministry stated that four deaths were reported from Maharashtra while Gujarat had registered three deaths.

Karnataka has reported two deaths so far, while Madhya Pradesh, Tamil Nadu, Bihar, Punjab, Delhi, West Bengal, Jammu and Kashmir and Himachal Pradesh have reported one death each.

According to the data, the number of active COVID-19 cases in the country stood at 640, while 66 people were either cured or discharged and one had migrated. The total number of 724 cases included 47 foreign nationals, the ministry said.

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Agencies
July 11,2020

New Delhi, Jul 11: A notice which claims that a COVID-19 Monitoring Committee has been formed is fake, and no such committee has been set up by the Union Home Ministry, as per Spokesperson, Ministry of Home Affairs (MHA).

The "Fake" MHA order stated, "Pursuant to the official orders received dated: Monday, May 18, 2020, of the Honourable Minister of Home Affairs, passed in the approval of Special Status Advisory Committee for COVID-19, a COVID-19 Monitoring Committee has been constituted in the MHA vide order dated: Friday, June 12, 2020."

MHA Spokesperson also cautioned people to beware of fake news and rumours.

India's COVID-19 case count crossed the eight lakh-mark on Saturday with yet another highest single-day spike of 27,114 new cases in the last 24 hours.

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Agencies
June 2,2020

Singapore, Jun 2: Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negative outlook.

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, volatile oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets, said Moody's.

The Indian banking sector has been affected given the disruptions to India's economic activity from the coronavirus outbreak, which is weakening borrowers' credit profiles, it added.

The 11 lenders include Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Export-Import Bank of India, HDFC Bank, Indian Overseas Bank, IndusInd Bank, Punjab National Bank, State Bank of India and Union Bank of India.

The 11 non-finance companies are Oil and Natural Gas Corporation, Hindustan Petroleum Corporation, Oil India, Indian Oil Corporation, Bharat Petroleum Corporation, Petronet LNG, Tata Consultancy Services, Infosys, Reliance Industries, UPL Corporation and Genpact.

The 11 infrastructure companies are NTPC, NHPC, National Highways Authority of India, Power Grid Corporation, Gail India, Adani Green Energy Restricted Group (RG-2), Adani Transmission Restricted Group, Adani Ports and Special Economic Zone, Adani Transmission, Adani Electricity Mumbai and Azure Power Solar Energy.

The four Indian government-related issuers are Indian Railway Finance Corporation, Housing and Urban Development Corporation, Power Finance Corporation and REC Ltd.

"Government-related issuers in India have been affected because of disruptions to India's economy which will weaken borrowers' credit profiles," said Moody's.

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