Rahul, Left leaders back JNU students' protest

February 14, 2016

New Delhi, Feb 14: The protest against the arrest of Jawaharlal Nehru University (JNU) Students’ Union president Kanhaiya Kumar on charges of sedition turned into a political battle on Saturday.

rahul

Congress vice-president Rahul Gandhi’s visit to the campus in the evening along with some party colleagues, including Deputy Leader of the Opposition in the Rajya Sabha Anand Sharma, charged the already tense atmosphere in the campus.

Rahul was welcomed by some “members and supporters” of Akhil Bharatiya Vidyarthi Parishad (ABVP) with black flags.

Left party leaders, including CPM general-secretary Sitaram Yechury and CPI leader D Raja, were also present which triggered counter protests by ABVP members.

Delhi Chief Minister Arvind Kejriwal chose to highlight allegations that ABVP was behind the anti-India slogans against hanging of 2001 Parliament attack convict Afzal Guru. The chief minister has ordered a magisterial enquiry.

Earlier, seven students were taken into preventive custody. They were taken to Parliament Street police station and were released later in the evening.

Though the protest, held outside Indira Gandhi National Centre for the Arts, was thwarted, there were other protests during the day on the university campus.After Kumar’s arrest, students and some teachers have been holding protests demanding to know why students are being treated like “terrorists” and were being arrested from the campus.
Upset by the arrest and heavy police presence on the campus, the professors have also expressed concern over the “threat to democratic ethos”.

“JNU has always been a university where there has been a vibrant culture. Excessive police action is uncalled for and has worsened the situation,” the professors said in a statement.

The police, too, wrote a letter to vice-chancellor Jagadesh Kumar asking the University to produce five students who were involved in “anti-national” activities and told the varsity authorities to alert them if such activities take place in future.

Some former Army officers have also threatened to return their JNU degrees saying that they find it difficult to be associated with a university which has become a hub of anti-national activities.

Comments

Abu Muhammad
 - 
Sunday, 14 Feb 2016

Anti-Indian slogan should be condemned and punished. At the same time hoisting Pakistani flag by Sanghparivar, celebrating Gandhiji's murder, installing killers Godse statue & worship, disrespect to constitution, Arms training to Sanghparivar goons, waging war against secular India by openly declaring it as Hindu Rashtra, honouring assassins of Indira Gandhi, Sanghparivars open support and allegiance to British during Freedom struggle - ARE ALL THESE -ACTS OF PATRIOTISM? or 100% ANTI-NATIONAL?

NationalismBef…
 - 
Sunday, 14 Feb 2016

Exposes true face of Rahul G and Left leaders, shame on them for supporting students raising anti-India slogans.

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Agencies
March 15,2020

Financially troubled Yes Bank on Saturday reported a standalone net loss of ₹ 18,560.31 crore for the third quarter of the financial year 2019-20. This is amongst the biggest losses reported by the India Inc.

At present, the private lender is under a moratorium and is controlled by the office of the administrator appointed by the RBI.

The bank had reported a net profit of ₹1,001.85 crore during the corresponding period of the previous financial year.

Besides, the bank's total income fell to Rs 6,268.50 crore from Rs 8,849.81 crore earned during the October-December quarter of the previous fiscal.

On consolidated basis, Yes Bank reported a net loss of ₹18,564.24 crore for the December quarter from a net profit of Rs 1,000.57 crore in the corresponding period of the previous fiscal.

The independent auditor's review report on the consolidated results pointed out that there is a "material uncertainty related to going concern" of the bank.

"The said assumption of going concern is dependent upon the degree of success of the final reconstruction scheme, the quantum of capital infused into the bank and the bank's ability to stabalise its deposit balances post withdrawal of the moratorium by the RBI. Our conclusion is not modified in respect of this matter," the auditor said.

Furthermore, the bank recognised additional loans of ₹ 5,150.2 crore as NPAs and related provisioning requirements of ₹772.5 crore for the quarter ended December 31, 2019.

The bank has recognised an additional provisions of ₹15,422.0 crore in the quarter ended December 31, 2019.

Last week, the RBI placed Yes Bank under moratorium and capped the withdrawal limit at ₹50,000 till next Wednesday.

Additionally, the central bank also superseded Yes Bank's board of directors and appointed former SBI CFO Prashant Kumar as its administrator.

Meanwhile, Kumar has been appointed as the new Chief Executive Officer of the financially troubled lender. He will take over his new responsibilities once the moratorium on the stressed lender is lifted on Wednesday.

Apart from Kumar, Sunil Mehta, former non-executive Chairman of Punjab National Bank, will take over as the non-executive Chairman of Yes Bank.

Other board members include Mahesh Krishnamurthy and Atul Bheda, both as non-executive Directors.

Additionally, six private lenders have joined the SBI to rescue Yes Bank with Federal Bank committing ₹300 crore by subscribing to 30 crore shares of ₹2 each at a premium of ₹8 per equity share.

The six private lenders have now committed an investment of ₹3,700 crore in the cash-strapped private sector bank.

On Friday, ICICI Bank and Housing Development Finance Corporation (HDFC) Ltd had announced that they will be investing ₹1,000 crore each in Yes Bank's equity. Axis Bank and Kotak Mahindra Bank will be investing ₹ 600 crore and ₹500 crore, respectively, while Bandhan Bank will invest ₹300 crore.

The SBI board has already approved up to 49 per cent stake purchase in Yes Bank, as per the RBI's reconstruction scheme for the lender. It had said on Thursday that an investment of ₹7,250 crore would be made in Yes Bank to pick up₹ 725 crore equity shares.

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May 18,2020

New Delhi, May 18: Very severe cyclonic storm ‘Amphan’, over central parts of South Bay of Bengal, has intensified into extremely severe cyclonic storm, the India Meteorological Department (IMD) said on Monday. The weather department has warned that ‘Amphan’ may turn into a “super cyclonic storm’.

According to experts, North Odisha coast will face the maximum impact of cyclone Amphan when it makes landfall.

“Wind speed expected to be 110-120 kmph, gusting up to 130 kmph. Balasore, Bhadrak, Jajpur, Mayurbhanj dist can be affected on 20 May (when it makes landfall), IMD Bhubaneswar scientist Umashankar Das told news agency ANI.

The IMD has said that ‘Amphan’ will cross West Bengal - Bangladesh coasts between Digha (WB) and Hatiya island - in the afternoon/evening of May 20 as very severe cyclonic storm.

Earlier, the IMD had warned that ‘Amphan’, over central parts of South Bay of Bengal, will intensify into an extremely severe cyclonic storm on Monday.

“Very Severe Cyclonic Storm (VSCS) ‘AMPHAN’ over central parts of South Bay of Bengal near latitude 12.5°N and longitude 86.4°E, about 870 km nearly south of Paradip (Odisha). To intensify further into an Extremely Severe Cyclonic Storm (ESCS) in the next six hours,” the IMD said in a tweet on Monday.

National Disaster Response Force (NDRF) has sent its 10 teams to Odisha and seven teams to West Bengal in view of the approaching Cyclone Amphan, news agency reported.

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News Network
April 18,2020

New Delhi, Apr 18: With 957 new cases of COVID-19 in the last 24 hours and 36 deaths, India's total count of coronavirus cases has surged to 14,792, said the Union Ministry of Health and Family Welfare on Saturday.

The total cases are inclusive of 2,014 cured and discharged patients, one migrated and 488 deaths. At present, there are 12,289 active COVID-19 cases in the country.

Lav Aggarwal, Joint Secretary, Ministry of Health and Family Welfare said that mortality rate due to COVID-19 in our country is around 3.3 per cent.

"An age-wise analysis will tell you that 14.4 per cent of deaths have been reported in the age group of 0-45 years. Between 45-60 years it is 10.3 percent, between 60-75 years it is 33.1 percent and for 75 years, and above it is 42.2 percent," Aggarwal said at a press conference here.

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