PM says US a "natural global partner"

September 27, 2014

PM in Newyork

New York, Sep 27: Describing America as India's "natural global partner", Prime Minister Narendra Modi arrived here today on a five-day visit to the US, holding out an assurance that India is "open and friendly" for business and innovations.

Modi, 64, flew into New York's JFK airport on a special Air India Boeing plane on the first leg of his maiden visit to the US as Prime Minister after a nearly nine-hour flight from Frankfurt where he had an overnight halt.

As he seeks to hardsell India as a sound investment destination and mend ties with the US after a bitter diplomatic row last year, Modi asserted that the two countries have a fundamental stake and many shared interests in each other's success.

Ahead of his arrival, Modi said he was looking forward to meeting President Barack Obama in Washington over two days from September 29 on the second and final leg of his visit. This will be the first meeting between the leaders of the world's two largest democracies.

The Prime Minister, who has a power-packed schedule, both in New York and Washington, with nearly 50 engagements, is due to deliver his maiden address to the UN General Assembly(UNGA) tomorrow during his three-day stay in New York.

Giving an insight into his UN address, Modi had said he he will call for a stronger global commitment and more concerted multilateral action in addressing challenges of fragile global economy, turbulence and tension in many parts of the world and growth and spread of terrorism.

Modi had said he will discuss with Obama how Indo-US ties can be taken to a "new level" in the interest of the two countries as well as of the world. He had also called the US as India's "vital partner" for its national development.

Obama will host a rare private dinner for Modi at the White House on September 29, so as to establish a personal relationship with the Indian leader ahead of summit talks the next day.

The Prime Minister is expected to have only tea and lemonade at the dinner as his US visit coincides with the Navratri fast which he religiously observes every year.

In an Op-Ed piece "Unleashing India's Energy and Drive" in the Wall Street Journal, Modi wrote that India and the US have "a fundamental stake in each other's success for the sake of our values and our many shared interests".

"The US is our natural global partner. India and the US embody the enduring and universal relevance of their shared values," Modi said, adding, "...India will be open and friendly--for business, ideas, research, innovations and travel. In the coming months, you will feel the difference even before you begin your travel to India."

The case involving Indian diplomat Devyani Khobragade last year had escalated into a full-blown diplomatic spat between India and the US, casting a shadow on their ties which was also clouded by irritants on some trade issues.

Khobragade was arrested and then strip-searched in New York for allegedly mistreating her domestic maid. She has denied any wrongdoing and has subsequently returned home.

Modi will draw perhaps the largest crowd ever by a foreign leader on US soil when he takes the stage on Sunday at New York's Madison Square Garden before a crowd forecast to be around 20,000 people, mostly from the NRI community.

Modi was unwelcome in the US for years after he was denied a visa in 2005 over the 2002 Gujarat riots under the terms of a 1998 US law that bars entry to foreigners who have committed "particularly severe violations of religious freedom".

The Prime Minister will have a gruelling schedule in New York which includes a meeting with as many as 11 top corporate honchos over breakfast on September 29.

These include Google Executive Chairman Eric E Schmidt, Carlyle Group Co-Founder and Co-CEO David M Rubenstein, Cargill President and CEO David W MacLennan, Merck & Co CEO Kenneth C Frazier and MasterCard President and CEO Ajay Banga, over breakfast on September 29.

The Prime Minister would also be having one-on-one meetings with six other executives from top corporate houses including Goldman Sachs, Boeing, BlackRock, IBM and General Electric.

In his interactions with top American corporate sector executives, the Prime Minister is expected to make a strong pitch for his policy of "red carpet and not red tape" to invite them to come, invest and make in India.

Ramping up cooperation in various key areas such as defence and nuclear energy and attracting American corporate honchos to invest in India are likely to dominate the visit which came a day after Modi launched the ambitious Make in India campaign in New Delhi.

Modi will pay a visit to the 9/11 memorial tomorrow following which he is expected to drive down to the UN headquarters to address the 69th annual session of the UNGA.

In Washington, Modi will also be participating in a business meet, to be organised by the US-India Business Council (USIBC), to be attended by 300-400 businessmen in Washington on September 30. Vice President Joe Biden will also host a lunch for the Prime Minister on that day.

Seeking enhanced ties, Modi said in the Wall Street op-ed that the complementary strengths of India and the US can be used for inclusive and broad-based global development to transform lives across the world.

"This is a moment of flux in the global order. I am confident in the destiny of our two nations, because democracy is the greatest source of renewal and, with the right conditions, offers the best opportunity for the human spirit to flourish," he said.

Modi would also be meeting the top American political leadership ranging from former President Bill Clinton and former Secretary of State Hillary Clinton to Indian-American South Carolina Governor Nikki Haley.

Ahead of his main summit at the White House on September 30, Modi would visit the Martin Luther King Memorial and Lincoln Memorial in Washington and pay floral tribute to Mahatma Gandhi's statue in front of the Indian Embassy.

This would be for the first time that an Indian Prime Minister would have so many public and private engagements during a US visit.

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News Network
January 27,2020

Jaipur, Jan 27: Senior Congress leader Shashi Tharoor said that if the Citizenship Amendment Act leads to the implementation of the NPR and the NRC, it would be a complete victory for Pakistan's founding father, Muhammad Ali Jinnah.

He said that Jinnah's idea of a country was already winning in India with the contentious Citizenship Amendment Act (CAA) coming into effect, but asserted that there was still a choice available.

"I would not say Jinnah has completely won, but I would say Jinnah is winning. There is still a choice available to the nation between Jinnah's idea of a country and Gandhiji's idea of a country," he said on the sidelines of the Jaipur Literature Festival on Sunday.

The CAA came into force in India in December amid protests across the country and around the world.

The MP from Thiruvananthapuram said that the amended Citizenship Act took Jinnah's logic by declaring that religion shall be the basis of nationhood, reaffirming that Gandhi's idea is that all religions are equal .

"The CAA is, if you are talking Tennis, you would say one set up or big first set lead for Jinnah. But the next step would be if the CAA would lead to the National Population Register (NPR) and the National Register of Citizens (NRC). If that happens, then you would consider that Jinnah's victory is complete," he said.

The CAA seeks to grant citizenship to migrants belonging to Hindu, Sikh, Buddhist, Christian, Jain and Parsi communities who came to India from Pakistan, Bangladesh and Afghanistan on or before December 31, 2014.

On the BJP's defence that the NPR was carried out during the UPA regime, Tharoor said that the Congress government had utilised a decision of the NDA government led by former prime minister Atal Bihari Vajpayee.

"It never asked where were your parents born. It never authorised the enumerators to note on the margin 'dubious citizenship', a term used in the NPR rules crafted by this government. That is purely BJP's invention," he said.

If we go around this country authorising people to interview all the citizens, or identify some who have 'dubious citizenship', you can be pretty sure which Indians are going to be found on the 'dubious citizenship', he said.

"That will principally be one community that is not mentioned in the CAA. And if that happens, then it is indeed Jinnah's victory.

"From wherever he is, he can point to this place and say, 'see I was right in the 1940. We are separate nations and Muslims deserved their own country because Hindus cannot be just'," Tharoor said.

Speaking about the Delhi election, the three-time MP said that the maximum development in the national capital happened under the Congress government.

"What Sheila Dikshit did in her 15 years as Chief Minister of Delhi, no other leader could do it before or after her," he said.

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News Network
February 12,2020

New Delhi, Feb 12: Unidentified people opened fire at the convoy of the newly elected Aam Aadmi Party legislator Naresh Yadav in Southwest Delhi when he and his supporters were returning home after visiting a temple after his victory, killing a party volunteer, police and a senior AAP leader said.

The firing incident happened in Kishangarh village late Tuesday night.

Police said they have detained a person for questioning and the incident appears to be a case of personal enmity. Sources said seven rounds were fired at the MLA's convoy.

Another person injured in the incident has been admitted to a hospital.

AAP leader Sanjay Singh identified the dead party volunteer as Ashok Mann.

“Convoy of MLA Naresh Yadav attacked in Mehrauli, Ashok Mann killed. Naresh Yadav was returning home after visiting a temple,” Singh said in a tweet in Hindi.

“At least one volunteer has passed away due to bullet wounds. Another is injured,” AAP tweeted.

Ankit Lal, AAP's social media in-charge, added that miscreants in another car opened fire on the MLA's convoy near Fortis Hospital.

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News Network
January 7,2020

Jan 7: India’s monetary authority allowed banks to offer foreign-currency transactions outside of local market hours, a move aimed at boosting trading volumes at home.

Interbank deals, as well as those with customers in and outside India, can be undertaken by banks or their overseas branches and units at all times, the Reserve Bank of India said in a statement late Monday. It stopped short of saying whether the timing of the onshore over-the-counter market has been extended from the current 9 a.m. to 5 p.m.

The move is in line with recent recommendations to reverse the trend of the partially convertible rupee being traded more abroad than in India. London has overtaken Mumbai to become the top center for trading the rupee, adding to a sense of urgency among local authorities to deepen the onshore market.

Average daily volumes for rupee in the U.K. soared to $46.8 billion in April, a more than fivefold jump from $8.8 billion in 2016, according to a survey from the Bank for International Settlements published in September. That exceeded the $34.5 billion recorded in India.

Analysts say more trading abroad could amplify volatility in the domestic market and reduce the effectiveness of policy actions.

India’s decision comes as the London Stock Exchange Group Plc has started asking market participants if they want the bourse to function fewer hours, signaling it’s open to an argument driven by changing trading patterns and calls for a better work-life balance.

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