Omar hints at possibility of NC backing PDP

December 23, 2014

Srinagar, Dec 23: The outgoing Jammu and Kashmir Chief Minister Omar Abdullah today hinted at an intriguing possibility of supporting his party National Conference's (NC) bitter political rival PDP in forming a government in the state after the hung verdict in the Assembly polls.omar abdulla

Mufti Mohammed Sayeed's PDP has emerged as the single largest party with 28 seats, 16 short of a majority in the 87-member legislature. BJP got 25 seats and NC 17, including two Independents supported by it, followed by the Congress with 12 seats.

PDP's options are either to align with BJP or cobble together a government with the support of Congress and some independents. Support from NC has never been considered as an option by political observers.

Introducing a new element in the scenario, Omar told PTI that it was for PDP to approach him. "I don't rule out or rule in anything thereafter," he said.

Reminded that NC's support to PDP has never been envisaged, Omar said, "was Mr Nitish Kumar's coming together with Mr Lalu Prasad Yadav in Bihar ever thought of?"

He virtually ruled out any support to the BJP, saying that there was only one per cent likelihood of that. "I am leaving one per cent crack open."

Omar, however, maintained that he would not be approaching anyone. "But that does not stop anyone from approaching me," he said.

Putting the onus on PDP, BJP and Congress to cobble up a government, Omar said it was not for him to unilaterally extend support to any formation.

Asked about BJP Chief Amit Shah's remarks at a press conference that he was keeping all options open on government formation, Omar said he had not got any call from Shah.

Acknowledging that he was earlier today not sure of returning as an MLA, he said now he was going to sit back and leave it to other parties to form the new government.

There is only one road for the NC and that is upwards and "we have an important role to play in coming days."

Omar, however, said that he had expected the PDP to do much better.

The Chief Minister said the BJP had done well but had become victim of its own propaganda. "If before elections they had projected themselves to do better than the past, they would have been a relaxed lot today.

"However, their slogans like Mission 44 and Mission 52 only punctured their happiness," he said.

Earlier during his victory run at Beerwah, Omar said NC would play the role of a good and constructive opposition.

"NC is satisfied with its own performance. We went further than what people expected from us. Opinion polls were not giving us so many seats. And I feel that given the situation, if we get 17 seats, no one in the NC should feel bad.

"We are ready to play the role of a good and constructive opposition. And we will see later as to what will happen," Omar told reporters here.

Asked about Congress general secretary and Leader of Opposition in Rajya Sabha, Ghulam Nabi Azad’s reported offer of support to the PDP, Omar said the national party had time and again proved that there were no permanent friends or foes in politics.

"Congress has this quality that they time and again prove that in politics there can be no permanent friends or foes. Azad, perhaps would be ready to do everything to go to Rajya Sabha again and for that even if he has to fall at Mufti’s feet, he will," he said.

Commenting on the possibility of PDP allying with the BJP, Omar said, "I cannot say anything on that. It is for the PDP and the BJP to see".

The NC leader, who lost from Sonawar seat, said he had known that retaining all the eight seats in Srinagar would be difficult.

"I had known that Srinagar district would be difficult for us this time. We had all the eight seats and Sonawar was a constituency which we had won three times out of the last four and there was anti-incumbency against NC. And we had to bear the brunt of the destruction caused by the floods there."

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News Network
March 31,2020

Hyderabad, Mar 31: Six people from Telangana who attended a religious congregation in Delhi's Nizamuddin died due to the novel coronavirus, the state government said on Monday.

"Coronavirus has spread among some of those who attended a religious prayer meeting from March 13 to 15 at Markaz in Nizamuddin area in Delhi," according to an official release. "Among those who attended were some persons from Telangana."

Two of the six died at the Gandhi Hospital, one each in two private hospitals, and one each in Nizamabad and Gadwal towns, the statement said, without mentioning the time of their deaths.

The special teams under the collectors have identified the persons who came in contact with the deceased and they are shifted to the hospitals, it said.

Police and paramilitary personnel cordoned off a major area in Nizamuddin West in south Delhi on Monday and over 200 people have been kept in isolation in hospitals after several people who took part in a religious congregation there showed symptoms of coronavirus.

The Telagana government asked those who participated in the prayers to inform the authorities. It will conduct tests and offer treatment to them free of cost, according to the release.

The government also requested the people to alert if they come to know about those who participated in the prayers.

Earlier a separate government release said a person died of COVID-19 in Telangana, taking the toll to two and the total number touched 77 after six fresh cases were reported on Monday.

As many as 13 patients who underwent treatment for the virus were discharged on Monday, a media bulletin on COVID-19 issued by the state government said.

A techie, the first COVID-19 case in Telangana, has been discharged recently. The state now has 61 active cases, the bulletin said.

Chief Minister K Chandrashekar Rao had on Sunday said barring a 76-year-old person, who had other ailments, the other patients were doing well.

Rao had said 25,937 people were under surveillance and being watched by 5,746 teams and they would be out of watch after completing their mandated 14-day quarantine period. He had said all those who are under observation would be out of vigil by April 7 if there are no fresh suspected cases.

"From March 30, their time is nearing completion. After that, they do not need to be under any surveillance. By April 7, we will have a situation of zero... We pray God that we should not get new cases,"

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News Network
March 13,2020

Mumbai, Mar 13:  Investor wealth worth nearly Rs 12 lakh crore was wiped out in less than 15 minutes of trading on the stock exchanges on Friday, with the two benchmarks, the BSE Sensex and the NSE Nifty, crashing over 10 per cent.

The 30-share BSE Sensex plummeted 3,380.59 points, or 10.31 per cent, to 29,397.55. It hit an intra-day low of 29,388.97, falling up to 3,389.17 points.

Trading was halted for 45 minutes in the early session after the index hit its lower circuit limit.

The BSE and NSE benchmark indices, however, pared most losses with the Sensex trading 835.40 points, or 2.55 per cent, lower at 31,942.74, and the Nifty was down 253.25 points or 2.64 per cent at 9,336.90 at 10.40 am.

The mayhem on Dalal Street eroded investor wealth worth Rs 12,92,479.88 crore, taking the total m-cap to Rs 1,12,78,172.75 crore on the BSE at 1020 hours.

The m-cap of BSE-listed companies stood at Rs 1,25,70,652.63 crore at the end of trading on Thursday.

Traders said besides global selloff, incessant foreign fund outflows also weighed on investor sentiments.

On a net basis, foreign institutional investors sold equities worth Rs 3,475.29 crore on Thursday, data available with stock exchanges showed.

On the BSE, 1,279 scrips declined, while 193 advanced and 40 remained unchanged.

Volatility heightened in global markets as benchmarks world over went into panic mode, insinuating a freakish selloff.

Bourses in Shanghai dropped over 3.32 per cent, Hong Kong 5.61 per cent, Seoul 7.58 per cent and Tokyo cracked up to 7.97 per cent.

Wall Street lost 10 per cent in overnight trade.

More than 1,30,000 cases of the novel coronavirus have been recorded in 116 countries and territories, killing at least 4,900 people.

The number of coronavirus patients in India has risen to 74, as per the health ministry.

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News Network
April 30,2020

Bengaluru, Apr 30: Shares of Glenmark Pharmaceuticals Ltd rose almost 9% on Thursday after the Indian drugmaker got an approval to conduct clinical trials with antiviral drug favipiravir, seen as a potential treatment for COVID-19.

Favipiravir, manufactured under the brand name Avigan by a unit of Japan's Fujifilm Holdings Corp and approved for use as an anti-flu drug in the Asian island country in 2014, has been effective, with no obvious side-effects, in helping coronavirus patients recover, a Chinese official told reporters at a news conference last month.

"After having successfully developed the API and the formulations ... Glenmark is all geared to immediately begin clinical trials on favipiravir on COVID-19 patients in India," Sushrut Kulkarni, executive vice-president for Global R&D, Glenmark Pharmaceuticals, said in a statement. 

The Drug Controller General of India, the country's drug regulator, did not immediately respond to Reuters request for comment.

On Wednesday, another Indian pharmaceutical company, Strides Pharma Science Ltd, said it had developed and commercialized favipiravir antiviral tablets, and had applied to Indian drug authorities to start trials.

Shares of Mumbai-based Glenmark Pharmaceuticals, which rose as much as 8.9% to 359 rupees ($4.78), was trading up 5.9%, as of 0407 GMT.

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