No immediate plan to withdraw troops from J&K: Min

Agencies
August 22, 2019

Hyderabad, Aug 22: The Centre has no immediate plans to withdraw security forces from Jammu and Kashmir, where Article 370 has been revoked, in view of the continued tension in the region, Minister of State for Home G Kishan has said.

"Why will we withdraw troops immediately from there when Pakistan is trying to provoke? Pakistan is trying to provoke Kashmirs and disturb the peace so that it can go to international community (to complain). The decision on whether to withdraw or not will be taken by the local administration," Reddy told PTI when asked whether the centre had any plans to with additional forces. He said the situation in J&K was peaceful now and Home Minister Amit Shah was regularly monitoring the situation.

Reddy pointed out that schools had opened, Section 144 had been withedrawn, government offices had started working and some of the controls imposed had been relaxed. Internet and telephone services had also been restored, barring in a few districts (four or five), he said.

Asked why opposition leaders were not being allowed to hold meetings in the state, he said government has taken precautions in view of Pakistan's intentions and the opposition leaders should have patience. "Pakistan would like to see peace disturbed in J&K to tell the world that the government of India's decisions vis-a-vis the state are wrong," he said.

"There is a lot of time. You can go to Jammu and Kashmir... Hold peace for some days. Let's see Pakistan's problem now. After that, Rahul Gandhi can hold any number of meetings. Who is saying no? Have patience," he said.

Asked for his comments on the situation in Jammu and Kashmir and the reports of violence, he said "small incidents" are not happening for the first time. Now there was no "tense situation in Jammu and Kashmir", where there used to be months-long curfew with leaders jailed for years in the past as well, he said.

"This is not new. We took some decisions like imposing restrictions as a precautionary measure, keeping in view Pakistan's attempts to provoke and conspire to somehow disturb law and order in Jammu and Kashmir. Certainly not to inconvenience people," he told reporters on the sidelines of an event here on Wednesday.

He said there had been instances in the past of imposition of curfew, enforcement of prohibitory orders, closure of schools for months and arrest of Chief Ministers. Compared to the past, no such decisions have been taken now, he said.

"Pakistan is hatching many conspiracies to prove before the world what the government of India has done is wrong. Because today the whole world is in favour of India... because the world is standing by the decisions taken by the government of India in the matter of abrogation of Article 370," he said.

The government, Reddy said, was taking all precautionary measures as either the ISI or Pakistan government was trying to somehow disturb law and order "to prove that what the government of India has done is wrong". Reddy said abrogation of Article 370 would have benefits like implementation of the Constitution and reservations for Scheduled Castes, Scheduled Tribes and Backward Classes coming into force in the state.

"Why are you in a hurry? On the one hand, Pakistan is making efforts to tell the world that there is no peace. Now the opposition also wants to go with Pakistan. This is wrong," he said. Asked when political leaders would be released in Jammu and Kashmir and the appropriate time, he said the officers concerned would take a call on the matter.

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News Network
June 11,2020

New Delhi, Jun 11: Petrol and diesel prices on Thursday were hiked by 60 paise per litre each - the fifth straight daily increase in rates since oil PSUs ended an 82-day hiatus in rate revision.

Petrol price in Delhi was hiked to Rs 74 per litre from Rs 73.40 while diesel rates were increased to Rs 72.22 a litre from Rs 71.62, according to a price notification of state oil marketing companies.

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

This is the fifth daily increase in rates in a row since oil companies on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus.

In five hikes, petrol price has gone up by Rs 2.74 per litre and diesel by Rs 2.83.

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Agencies
July 30,2020

New Delhi, Jul 30: India's gold demand in 2020 is expected to fall to the lowest level in 26 years with domestic bullion prices hitting a record high and as falling disposable incomes could curtail retail purchases, the World Gold Council (WGC) said on Thursday.

Lower demand by the world's second-biggest bullion consumer could limit a rally in global prices, which hit a record high earlier this month, although it could also reduce India's trade deficit and support the ailing rupee.

"Fast rising gold prices could act as headwinds," said Somasundaram PR, the managing director of WGC's Indian operations.

Local gold futures have jumped 35% so far this year after rising a quarter in 2019.

India's gold consumption in the first half of 2020 plunged 56% on-year to 165.6 tonnes. Meanwhile, the coronavirus-triggered lockdown also slashed demand by 70% in the June quarter to 63.7 tonnes, the lowest in more than a decade, the WGC said in a report published on Thursday.

Millions of Indians have lost their jobs or taken a pay cut after the country imposed a lockdown on its 1.3 billion people to curb the spread of the virus that has infected more than 1.5 million Indians.

Consumption is generally high during the June quarter due to weddings and key festivals such as Akshaya Tritiya, but lockdown restrictions kept shoppers indoors this year.

The weak demand in the first half could drag down India's gold consumption in 2020 to the lowest since 1994, when demand stood at 415 tonnes, Somasundaram said, adding that it is still difficult to provide an estimate for full-year demand as the coronavirus crisis is still unfolding.

"Indian demand has previously jumped as much as 300 tonnes in a quarter. Latent demand could come out in the second half," Somasundaram said.

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News Network
February 9,2020

Feb 9: The Electronic Voting Machines (EVMs) used in Delhi Assembly polls are kept under tight security, in the 'Strong Room' located at Atal Adarsh Bengali Balika Vidyalaya in Gol Market.

Voting for Delhi Assembly elections took place on Saturday with voters turnout well short of the 2015 election mark.

Counting of the votes will be on February 11.

Earlier, Deputy Election Commissioner Sudip Jain had said the Delhi elections took place peacefully and smoothly.

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