PM Modi strongly disapproves vandalism of statues

Agencies
March 7, 2018

New Delhi, Mar 7: Prime Minister Narendra Modi today strongly condemned incidents of vandalism of statues in certain parts of the country and warned of stern action against those found guilty.

The prime minister also spoke to Home Minister Rajnath Singh on the matter and expressed his strong disapproval of such incidents, according to an official statement.

The prime minister has strongly condemned the reported incidents of vandalism in certain parts of country and said stern action will be taken against those found guilty, the statement said.

The Ministry of Home Affairs has said it has taken serious note of such incidents and directed state governments to take strong action.

Persons indulging in such acts must be sternly dealt with and booked under relevant provisions of law, the ministry said.

In an advisory to all states and union territories, the Home Ministry said incidents of toppling of statues have been reported from certain parts of the country.

"The MHA has asked the states that they must take all necessary measures to prevent such incidents," it said.

The ministry said the state governments were told that persons indulging in such acts must be strernly dealt with and booked under relevant provisions of law.

"Honorable Prime Minister has also spoken to the Home Minister in this regard," the advisory said.

The advisory did not specificaly mention Tripura but sporadic violence and clashes have been reported between rival political groups in the state after election results were declared on Saturday.

A statue of Lenin was brought down at Belonia town in South Tripura on Monday with the help of a bulldozer after the BJP's victory in the Assembly elections in Tripura where a 25-year-long communist government was ousted.

A statue of social reformer and founder of Dravidian movement E V Ramasamy 'Periyar' was also allegedly vandalised in Tamil Nadu's Vellore district last night.

Yesterday, Home Minister Rajnath Singh called up Tripura Governor Tathagata Roy and DGP A K Shukla and asked them to ensure peace and check violence till a new government is installed in the state.

Union Home Secretary Rajiv Gauba had also spoken to the DGP and asked them to take all possible steps to maintain law and order, check violence and restore peace and public order.

The ministry said enough central and state forces were available at the disposal of the state government to tackle the situation.

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s
 - 
Wednesday, 7 Mar 2018

it seems only after tit for tat PM speaks

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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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News Network
January 13,2020

New Delhi, Jan 13: The Delhi High Court on Monday sought response of the city police, Delhi government, WhatsApp Inc, Google Inc and Apple Inc on a plea of three JNU professors to preserve data, CCTV footage and other evidence relating to the January 5 violence on the varsity campus.

The Delhi Police informed the court that it has asked the JNU administration to preserve and hand over CCTV footage of the violence.

Justice Brijesh Sethi listed the matter for further hearing on Tuesday.

The court was told by Delhi government Standing Counsel (criminal) Rahul Mehra that the police has not yet received any response from the university administration.

The counsel said police has also written to WhatsApp to preserve data of two groups "Unity Against Left" and "Friends of RSS" including messages, pictures and videos and phone numbers of members, related to JNU violence incident.

The petition was filed by JNU professors Ameet Parameswaran, Atul Sood and Shukla Vinayak Sawant seeking necessary directions to the Delhi Police Commissioner and Delhi government.

The petition also sought direction to the Delhi Police to retrieve all CCTV footage of JNU campus.

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News Network
March 6,2020

New Delhi, Mar 6: Union Finance Minister Nirmala Sitharaman on Friday will move the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019 for consideration and passing in Lok Sabha.

In December last year, the Union Cabinet had approved a proposal to promulgate an ordinance to amend the Insolvency and Bankruptcy Code (IBC) 2016.

The amendments will remove certain ambiguities in the IBC 2016 and ensure smooth implementation of the code, an official statement said.

The move is aimed at easing the insolvency resolution process and promoting the ease of doing business. Aimed at streamlining of the insolvency resolution process, the amendments seek to protect last-mile funding and boost investment in financially-distressed sectors.

Under the amendments, the liability of a corporate debtor for an offence committed before the corporate insolvency resolution process will cease.

The debtor will not be prosecuted for an offence from the date the resolution plan has been approved by the adjudicating authority if a resolution plan results in change in the management or control of the corporate debtor to a person who was not a promoter or in the management or control of the corporate debtor or a related party of such a person.

The amendments are aimed at providing more protection to bidders participating in the recovery proceedings and in turn boosting investor confidence in the country's financial system.

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