Pak puts the onus back on India

August 22, 2015

Islamabad/New Delhi, Aug 22: Putting the onus back on India, Pakistan today said it was prepared for NSA-level talks without any pre-conditions amid continuing signs that the meeting was unlikely to take place.

PakNational Security Adviser Sartaj Aziz, who is scheduled to travel to New Delhi tomorrow for talks with his Indian counterpart Ajit Doval, told a press conference in Islamabad that he is ready to travel to India as per schedule but without any pre-conditions.

He was sharply critical of the Indian government for its insistence that he should not meet Kashmiri separatist leaders while in New Delhi and said this was akin to controlling the guest list for a reception being held for him at the Pakistan High Commission tomorrow.

"Cancellation (of the talks) is yet to be confirmed from either side. Therefore, we are ready to go as per schedule without any pre-condition," Aziz said.

Given that there is no likelihood of India changing its stand that separatist Hurriyat had no role in Indo-Pak talks, the possibility of NSAs meeting is remote.

The Indian position will be clear later this afternoon when External Affairs Minister Sushma Swaraj meets media at 4 PM in New Delhi.

Aziz termed as nothing "further from the truth" the Indian External Affairs Ministry statement that Pakistan was trying to distort the agenda agreed at Ufa and imposing new conditions for the talks.

"The statement of Indian External ministry that Pakistan has imposed new conditions totally ignores the last sentence in the note handed over to the Indian High Commission that Pakistan is ready to hold NSA-level talks without any pre-conditions," he said while addressing the press conference at the Foreign Office.

"In fact, it is India that has imposed new conditions that Pakistan cannot meet Hurriyat leaders, assuming the right to determine the guest list of for the High Commissioner's reception," he said. Both sides have refused to budge from their positions on the agenda of the talks and the invitation to Hurriyat leaders for a meeting with Aziz.

Responding to a question, Aziz said, "Pakistan wishes to resolve all issues with India on the negotiating table, but no serious talks with India are possible without discussion on the core issue of Kashmir."

He said Pakistan has prepared three-point agenda which included terrorism, progress on decision made at Ufa and discussion on all outstanding issues that includes Kashmir.

"Is it conceivable that India would cancel first ministerial meeting on such a flimsy grounds relating to meeting with Hurriyat leaders," he said.

In provocative remarks, Aziz said he will be carrying three dossiers on India's RAW activities in Pakistan.

"If I don't get opportunity to hand over the dossiers to Indian NSA in New Delhi, I hope to give it to him in New York next month if he comes with PM Narendra Modi" for the UN General Assembly session.

He was asked about reports in the Indian media that Doval will hand over dossiers to Aziz stating that underworld don Dawood Ibrahim, whose presence in Pakistan has been denied by Islamabad, is very much in that country.

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News Network
January 9,2020

New Delhi, Jan 9: Amazon founder and CEO Jeff Bezos will be visiting India next week and is likely to meet Prime Minister Narendra Modi and officials, besides industry leaders, according to sources.

The top executive will also attend SMBhav – an event focussing on small and medium businesses in India - that is slated for January 15-16 in the capital city.

When contacted, Amazon declined to comment.

Amazon, which has seen significant growth in its business in India, has also witnessed protest from a section of traders in the country who claim that e-commerce giants including Amazon and Walmart-owned Flipkart offer deep discounts and engage in unfair business practices.

Last year, the government had tightened rules for e-commerce marketplaces with foreign investment. These rules barred such platforms from offering products of sellers in which they hold a stake and banned exclusive marketing arrangements among other clauses. Following this, Amazon restructured its joint ventures to ensure compliance.

Bezos is likely to discuss regulatory issues in his meeting with the government officials.

He is also slated to engage with SMBs during the SMBhav event. The event - which will focus on discussions around how technology adoption can enable SMBs in India - is slated to see participation from industry experts, policymakers, solution providers and Amazon leadership.

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News Network
January 20,2020

New Delhi, Jan 20: Surging inflation and slowing growth are raising serious concerns about the future growth prospects of the economy and as a remedial measure the government should resolve supply-side hurdles and ensure more stringent governance norms, a report said on Monday.

According to the Dun and Bradstreet Economy forecast, even though the Index of Industrial Production (IIP) turned positive in November 2019, it is likely to remain subdued.

"Slowdown in consumption and investment along with high inflationary pressures, geopolitical issues and uncertainty over the recovery of the economic growth are likely to keep IIP subdued," the report noted.

Dun and Bradstreet expect IIP to remain around 1.5-2.0 percent during December 2019.

As per government data, industrial output grew 1.8 percent in November, turning positive after three months of contraction, on account of growth in the manufacturing sector.

On the price front, uneven rainfall along with floods in many states and geopolitical issues have led to a surge in headline inflation even as demand remains muted.

The Consumer Price Index (CPI) in December rose to about five-and-half year high of 7.35 percent from 5.54 percent in November, mainly driven by high vegetable prices.

"The sharp rise in inflation has constrained monetary policy stimulus while revenue shortfall has placed limits on the government expenditure," Dun & Bradstreet India Chief Economist Arun Singh said.

According to Singh, growth-supporting measures and deceleration in growth are likely to cause slippage in fiscal deficit target by a wider margin.

"The government should focus on taking small steps to address the slowdown; in particular, resolve the supply-side hurdles and ensure more stringent governance norms," Singh said.

Unless these concerns are addressed through a comprehensive policy framework, it will not be easy for India to clock a sustainable growth rate to become a USD 5 trillion economy, he added.

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News Nerwork
June 7,2020

New Delhi, Jun 7: Rain lashed some parts of the Delhi-NCR on Sunday morning.

The India Meteorological Department (IMD) has predicted partly cloudy sky with possibility of development of thunder lightning for three days from June 10 onwards with minimum and maximum temperature will hover around 29° Celcius and 42° Celcius respectively.

Strong surface winds during day time have been predicted for today by IMD.

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