Sushma Swaraj meets Saudi King, inaugurates Janadriyah festival

Agencies
February 8, 2018

Riyadh, Feb 8: External Affairs Minister Sushma Swaraj today met Saudi King Salman bin Abdulaziz who inaugurated the prestigious National Heritage and Culture Festival Janadriyah at which India is the guest of honour country.

King Salman in the presence of Swaraj inaugurated the festival which exhibits Saudi Arabias rich tapestry of culture and heritage and is organised by the National Guard.

Speaking at the inaugural function, Swaraj thanked Saudi Arabia for according the Guest of Honour status to India at the Janadriyah festival, an official statement said.

She recalled the landmark visit of Prime Minister Narendra Modi to Saudi Arabia in April 2016 which gave strong impetus to the bilateral partnership, it said.

Swaraj added that the festival provides an opportunity to showcase and further build upon this relationship, the statement said.

"Indias participation at the Janadriyah Festival provides an opportunity to showcase our strong bilateral relationship: EAM @SushmaSwaraj,", Ministry of External Affairs spokesperson Raveesh Kumar tweeted.

Showcasing the core values and traditions of India, the India Pavilion mounted on the occasion is based on the theme "Saudi ka Dost Bharat", the official statement said.

"EAM @SushmaSwaraj receives His Majesty King Salman at the India Pavilion showcasing the traditional and modern aspects of India! The Pavilion with the theme Saudi ka dost Bharat is a big draw at Janadriyah," Kumar said in another tweet.

Swaraj, who arrived here yesterday on her maiden visit to Saudi Arabia, called on King Salman here.

They discussed steps to further intensify the bilateral strategic partnership in all sectors and to work towards each others progress.

"Steps to further intensify our strategic partnership in all sectors and to work together towards each others progress came up during warm discussion," Kumar tweeted.

Earlier, Swaraj met her Saudi counterpart Adel al-Jubeir and discussed ways to enhance bilateral trade, energy, defence and security ties.

Kumar said the discussions between the two leaders focused on enhancing trade and investment, energy, defence and security, culture and people-to-people ties.

The two leaders also discussed the regional and global situation, Kumar said.

Swaraj reaffirmed Indias support to peace in the region and called for collective efforts in fighting the menace of terrorism, the statement said.

She called for taking the strategic partnership to a higher level and in a variety of sectors, it said.

Swaraj said that Indias flagship programmes including Make in India and Digital India complement well with Vision 2030 launched by Saudi Arabia and invited Saudi investments in India, it added.

A welcome sign in Hindi appreciating Indias rich cultural heritage was placed at the Foreign Ministry building where Adel Jubeir hosted a lunch in honour of Swaraj.

Last evening, Swaraj addressed Indian community members at a reception here and spoke in length about the growing relations between the two countries, Kumar said.

Swaraj thanked the Indian community for the goodwill it has earned for the country and lauded the Indian embassy for its promptness.

Saudi Arabia is home to more than 3 million Indian people and ties between the two countries are on an upswing in the last few years especially after the landmark visit of Prime Minister Narendra Modi to the Gulf Kingdom in April 2016.

Saudi Arabia is Indias fourth largest trade partner after China, the US and the UAE. The country is a major source of Indias energy requirement as it accounts for almost one- fifth of Indias crude oil requirement.

The volume of bilateral trade during 2016-17 was recorded at USD 25.079 billion, a slight decrease from the USD 26.71 billion in 2015-16.

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News Network
January 12,2020

Washington, Jan 12: US president Donald Trump said Saturday the United States was monitoring Iranian demonstrations closely, warning against any new “massacre” as protests broke out after Tehran admitted to shooting down a passenger plane.

Iran said earlier it unintentionally downed a Ukrainian jetliner outside Tehran, killing all 176 people aboard, in an abrupt about-turn after initially saying that it had crashed due to mechanical failure. The firing came shortly after Iran launched missiles at bases in Iraq housing American forces.

President Hassan Rouhani said a military probe into the tragedy had found that “missiles fired due to human error” brought down the Boeing 737, calling it an “unforgivable mistake.”

Trump told Iranians -- in tweets in both English and Farsi -- that he stands by them and is monitoring the demonstrations.

“To the brave, long-suffering people of Iran: I've stood with you since the beginning of my Presidency, and my Administration will continue to stand with you,” he tweeted.

“There can not be another massacre of peaceful protesters, nor an internet shutdown. The world is watching,” he added, apparently referring to an Iranian crackdown on street protests that broke out in November.

“We are following your protests closely, and are inspired by your courage," he said.

The new demonstrations follow an Iranian crackdown on street protests that broke out in November. Amnesty International has said it left more than 300 people dead. Internet access was reportedly cut off in multiple Iranian provinces ahead of memorials planned a month after the protests.

On Saturday evening, police dispersed students who had converged on Amir Kabir University in Tehran to pay tribute to the victims, after some among the hundreds gathered shouted "destructive" slogans, Fars news agency said.

State television reported that students shouted "anti-regime" chants, while the news agency Fars reported that posters of Soleimani had been torn down.

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Agencies
May 26,2020

The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown, and market players need much more than the repo rate cut and the loan moratorium extended by the RBI.

In a statement, the industry body said that the Reserve Bank of India's (RBI) relief measures are not adequate to support the liquidity needs of the industry.

According to the SCAI, there is a common misconception that the shopping centres' industry is centred around metros and large cities with investments only from large developers, private equity players and foreign investors.

"However, the fact is that most malls are part of the SMEs or standalone developers. i.e. more than 550 are single owned by standalone developers out of the 650-odd organised shopping centres across the country and there are 1,000+ small centres in smaller cities," it said.

Amitabh Taneja, Chairman of SCAI said: "The organised retail industry is in distress and has not earned anything since the lockdown and their survival is at stake. While the extension of the loan moratorium talks about some relief on repayment but won't help the industry in liquidity."

He said that a long term beneficial plan from the government is much required to revive the sector.

"Being the most safe, accountable, and controlled environment, unfortunately, malls have not been permitted to open which will lead to job losses and might even shut shops for a lot of mall developers," Taneja said.

In its representations to the Centre and the Reserve Bank of India, the association has also pointed out that, in absence of financial package and stimulus from the RBI, over 500 shopping centres may go bankrupt, that may lead to the banking industry staring at NPAs of Rs 25,000 crore.

The industry body has put forward its recommendations and requests to the government. It had sought moratorium till March 2021 at the least in terms of repayment of bank loans, interest, EMI and so on, without levy of any penalties or penal interest.

It has also sought a one-time loan restructuring with lower rates of interest, permitted for shopping centres and a facilitative and forward-looking support provision of short-term financing options for a period of six to 12 months, at lower interest rates, to meet the increased working capital requirements.

Among other relaxations, it had also appealed for GST rebates to offset the losses on account of and for the period of closure of business.

It also said that interest rates should be brought down to "manageable levels" of 5-6% in view of the precarious financial situation.

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News Network
January 1,2020

Pune, Jan 1: Maharashtra Deputy Chief Minister Ajit Pawar and Vanchit Bahujan Aghadi president Prakash Ambedkar paid tributes at the 'Jay Stambh' near here on Wednesday on the 202nd anniversary of Koregaon Bhima battle.

Lakhs of people congregate every year at the 'Jay Stambh' (victory pillar) near Koregaon Bhima village to offer tributes on the anniversary of the battle, which was fought on January 1, 1818 between the British East India Company and the Peshwa faction of the Maratha Confederacy.

Violence broke out during the bicentenary celebrations of the Koregaon Bhima battle on January 1, 2018 in which one person was killed and several others were injured.

Police have made elaborate security arrangements to ensure no untoward incident takes place during the congregation at the victory pillar, an official said.

Talking to reporters after visiting the victory pillar, Pawar said he came to offer tributes on behalf of the people of Maharashtra.

"This pillar has history and every year lakhs of people come here. Some untoward incidents took place two years ago, but the government is taking utmost care and elaborate police bandobast has been made here to ensure that no untoward incident takes place," he said.

Pawar also urged people to visit the war memorial in a peaceful manner.

"I appeal to people to come here and offer their tributes, but maintain peace and do not believe in rumours," the NCP leader said.

Prakash Ambedkar also offered his tributes at the victory pillar.

Pune Police last week issued notices to several people, including right-wing leaders Milind Ekbote and Sambhaji Bhide, and members of Kabir Kala Manch, barring them from entering the district for four days from December 29.

The notices, as part of preventive action, were issued to all those against whom cases were registered in connection with the violence two years ago.

Ekbote was arrested in March 2018 for allegedly instigating and orchestrating the violence around Koregaon Bhima.

Bhide was also booked and named in the FIR, but never arrested.

The police attributed the violence to the Elgar Parishad conclave held here on December 31, 2017, where provocative speeches were allegedly made.

They are also probing the alleged "Maoist link" of some activists to the Elgar Parishad conclave.

Several Dalit groups observe the anniversary of the Koregaon Bhima battle, in which the British defeated the Peshwas of Maharashtra.

The memorial, located at Perne village on Pune- Ahmednagar road, was constructed by the British in the memory of soldiers who died in the battle.

Dalit leaders commemorate the British victory as soldiers from the Mahar community were part of the East India Company's forces.

The Peshwas were Brahmins, and the victory is seen as a symbol of assertiveness by Dalits.

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