'Suit boot' is more acceptable than 'suitcase': Modi

May 30, 2015

New Delhi, May 30: In a strong response to Rahul Gandhi's 'suit boot ki sarkar' jibe, Prime Minister Narendra Modi has said "Suit boot is definitely more acceptable than suitcase."modi

He also said that the contentious Land Acquisition Bill is not "a matter of life or death for me" and that he was prepared to accept any suggestions.

"Suit boot is definitely more acceptable than suitcase. After ruling for 60 years, the Congress has suddenly remembered the poor. People of this country have suffered and remained poor due to shortsighted policies of the Congress," he told.

Hitting out at Congress, Modi said, "Did the coal and spectrum scandals or the CWG fiasco benefit the poor? Everyone knows who were the beneficiaries -- some chosen industrialists and contractors."

On the controversial Land Bill, the Prime Minister said in an interview carried by The Tribune newspaper, "This is not a matter of life or death for me. And neither was it the agenda of my party or the government."

His comments on the Land Bill assume significance as the Cabinet today decided to promulgate the Ordinance on it for the third time. Modi said the opposition to the Land Bill is "totally unjustified and unfortunate" as he argued that the government has not made any changes for private industry.

"We have made changes only in response to demands of the states. The benefits of these changes will also accrue to the rural poor in terms of irrigation, housing, electrification, as well as better physical and social infrastructure," he said.

The Prime Minister also spoke about the controversy surrounding the 'One-Rank, One-Pension' (OROP) for ex-servicemen and told the newspaper, "We are committed to OROP, but we are in consultation with defence personnel regarding the definition of OROP.

"Our government is here for five years and we cannot do anything without consulting the people concerned. The dialogue is being actively pursued. There is no need to have any doubt on this."

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Agencies
February 6,2020

Mumbai, Feb 6: The Reserve Bank of India, for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 per cent, maintaining its accommodative policy stance as long as it was necessary to revive growth.

The central bank retained GDP growth at 5 per cent for 2019-20 and pegged it at 6 per cent for the next fiscal.

"Economic activity remains subdued and the few indicators that have moved up recently are yet to gain traction in a more broad-based manner. Given the evolving growth-inflation dynamics, the MPC felt it appropriate to maintain status quo,” the Monetary Policy Committee (MPC) said.

The six-member committee voted unanimously to hold rates, but also said that there is “policy space available for further action”.

Between February and October 2019, the RBI had reduced repo rate by 135 basis points.

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Agencies
March 6,2020

Mumbai, Mar 6; The Indian equity indices slumped on Friday morning, with the BSE Sensex falling over 1,450 points

The slump across the sectoral indices was led by the finance and banking stocks as the Reserve Bank of India on Thursday superseded the board of directors of Yes Bank and placed it under moratorium.

Persistent fears of the coronavirus outbreak severely impacting global economy also weighed on the investor sentiments, analysts said.

At 9.36 a.m., the BSE Sensex trimmed some losses and was trading at 37,376.66, lower by 1,093.95 points or 2.84 per cent from the previous close of 38,470.61

So far, the index has touched an intra-day low of 37,011.09, falling by 1,459.52 points.

It had opened at the intra-day high of 37,613.96.

The Nifty50 on the National Stock Exchange was trading at 10,938.75, lower by 330.25 or 2.93 per cent from its previous close.

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News Network
January 27,2020

New Delhi, Jan 27: Remember the story of two friends coming face-to-face with a bear in a forest? One of the two friends climbs the tree to save his life and the other, not knowing how to, lays on the ground, breathless, pretending to be dead.

Well, that lesson turned out to be useful for this man who pretended to be dead when a tiger had both his paws on the man's chest.

Yes, that is right. IFS officer Parveen Kaswan recently shared a video of a man lying under a tiger, with their faces extremely close to each other with the caption, "You want to see how does a narrow escape looks like in case of an encounter with a #tiger. #Tiger was cornered by the crowd. But fortunately, the end was fine for both man and tiger. Sent by a senior."

Another Twitter user shared the full 30-second video in the comments. He also said that the incident occured in Tumsar in Bhandara district, Maharashtra. The spine-chilling clip shows a tiger running freely in the fields trying to avoid people who have surrounded him and are trying to shoo him away.

In his quest to run away, the scared tiger grabs a human. When he sees that people are still approaching him and trying to scare him away, he gets up and runs away for his life. All this while, the man who was captured by the animal lays still on the ground and does not make an attempt to get free.

This is what stuck with Twitter and they are praising the man for his presence of mind.

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