Storm in Shiv Sena over MNS support to BJP

March 11, 2014

Shiv_SenaMumbai, March 11: A veritable storm has erupted in the Shiv Sena two days after its bete-noire, the Maharashtra Navnirman Sena (MNS), decided to support the BJP in the state without joining the NDA or the saffron Grand Alliance.

Amidst a public clamour from Shiv Sainiks to break the nearly 25-year old alliance with the Bharatiya Janata Party (BJP), senior BJP leaders rushed to meet and mollify Uddhav Thackeray here Tuesday.

For starters, state BJP chief Devendra Fadnavis called on Thackeray and assured him that the existing five-party saffron Grand Alliance would be intact in the state.

He told media-persons that unnecessary attempts were on to create "misunderstandings" between the BJP and the Shiv Sena.

Later Tuesday evening, BJP general secretary in-charge of Maharashtra Rajiv Pratap Rudy is expected to call on Thackeray at the latter's Matoshri Bandra residence.

BJP sources said that senior party leaders, including Rajnath Singh and its prime ministerial candidate Narendra Modi spoke to Thackeray Tuesday and attempted to reassure him on its alliance with Shiv Sena.

The developments came in the wake of a meeting of the party's top leadership and Lok Sabha candidates summoned by Thackeray Tuesday to discuss its future strategy in the wake of the changing political scenario.

The Shiv Sena has toughened its stance vis-a-vis the BJP after its senior leader Nitin Gadkari openly wooed MNS chief Raj Thackeray and sought his support for the BJP and Modi, and not to contest the 2014 Lok Sabha elections.

Raj Thackeray played his cards carefully by declaring support to Modi and putting up Lok Sabha candidates opposite only Shiv Sena nominees - except in Pune.

The MNS candidates include Bala Nandgaonkar (Mumbai South), Bollywood actor-director Mahesh Manjrekar (Mumbai North-West), Rajiv Patil (Kalyan), Ashok Khandebard (Shirur), Pradeep Pawar (Nashik) and Deepak Paygude (Pune) - the last from where the BJP candidate is contesting.

While the Shiv Sena maintained a cryptic silence, an embarrassed BJP, welcomed MNS support to Modi, but urged Raj Thackeray to extend support to all the Grand Alliance and National Democratic Alliance candidates.

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News Network
March 25,2020

New Delhi, Mar 25: The total number of confirmed coronavirus cases in India rose to 562, according to the Ministry of Health and Family Welfare on Wednesday.
This includes 512 active cases, while 40 infected people have already been cured or discharged.
The Union Health Ministry said that total deaths due to the disease now stand at 9, as the second death reported in Delhi is COVID-19 negative. One patient has also migrated due to the infection.
The Central government has taken several steps to contain the rapid spread of the virus including the screening 15,24,266 passengers at the airports.
Prime Minister Narendra Modi had on Tuesday announced a 21-day lockdown in the entire country effective from midnight to deal with the spread of coronavirus, saying that "social distancing" is the only option to deal with the disease, which spreads rapidly.
In a televised address to the nation, Prime Minister Modi said that it is vital to break the chain of the disease and experts have said that at least 21 days are needed for it.
The Prime Minister, who had also addressed the nation last week, said the lockdown has drawn a "Lakshman Rekha" in every home and people should stay indoors for their own protection and for that of their families. 

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Agencies
June 22,2020

Mumbai, Jun 22: After downgrading India's outlook to negative from stable, Fitch Ratings on Monday revised the outlook on nine Indian banks to negative.

The outlook on the Long-Term Issuer Default Ratings (IDR) was revised to negative from stable due to the banks' high dependence on the Centre to re-capitalise them.

Accordingly, the IDR outlook of the Export-Import Bank of India, the State Bank of India, the Bank of Baroda, the Bank of Baroda (New Zealand), the Bank of India, the Canara Bank, the Punjab National Bank, ICICI Bank and Axis Bank Ltd have been downgraded to negative.

"At the same time, Fitch has affirmed IDBI Bank Limited's (IDBI) IDR while maintaining the outlook at negative," Fitch said in a statement.

The rating actions follow Fitch's revision of the outlook on the 'BBB-' rating on India to negative from stable on June 18, due to the impact of the escalating coronavirus pandemic on India's economy.

"The IDRs for all the above Indian banks are support-driven and anchored to their respective SRFs," the statement said.

"They are based on Fitch's assessment of high to moderate probability of extraordinary state support for these banks, which takes into account our assessment of the sovereign's ability and propensity to provide extraordinary support."

According to the statement, the negative outlook on India's sovereign rating reflects an increasing strain on the state's ability to provide extraordinary support, due to the sovereign's limited fiscal space and the significant deterioration in fiscal metrics due to challenges from the COVID-19 pandemic.

"The rating action does not affect the banks' Viability Rating (VR). EXIM does not have a VR as its role as a policy bank makes an assessment of its standalone credit profile less meaningful."

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News Network
July 14,2020

Jaipur, Jul 14: In a show of strength, Deputy Chief Minister Sachin Pilot-led Rajasthan Congress camp on Monday released a video showing at least 16 MLAs sitting together.

This comes hours after the Congress held a legislature party meeting. Party leaders said 106 of 122 MLAs attended, a claim contested by the Pilot camp.

The 10-second video was shared late at night on Pilot's official WhatsApp group.

In the video, at least 16 MLAs are seen sitting together in a close circle. Pilot is not seen in the video.

Six other people can be seen in the video but they could not be identified.

Some of the MLAs seen in the video are Indraraj Gurjar, Mukesh Bhakar, Harish Meena.

Tourism Minister Vishvendra Singh tweeted the video with the caption "Family".

Ladnun MLA Mukesh Bhakar tweeted, "...Loyalty in Congress means Ashok Gehlot's slavery. That is not acceptable to us."

Pilot has been upset since he was denied the Rajasthan chief minister's post after the December 2018 assembly elections.

On Sunday, he claimed to have the backing of 30 Congress MLAs and "some independents".

Those close to him disputed Gehlot's claim that his government had a majority, and said this is proven in the assembly and not at the CM's house.

Sources close to him have also ruled out the possibility of Pilot joining the BJP.

In the 200-member Rajasthan Assembly, the Congress has 107 MLAs and the BJP 72. In the past, the ruling party has claimed the support of 13 independents, two MLAs each from the CPM and the Bharatiya Tribal Party, and one from the Rashtriya Lok Dal.

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