Yoga legend BKS Iyengar passes away

August 20, 2014

Pune, Aug 20: World-renowned yoga guru and founder of the Iyengar School of Yoga B K S Iyengar passed away here early this morning following illness.

Yoga legend96-year-old Iyengar had been ailing since some time and was admitted to a private hospital here a week back. He was put on dialysis after his condition worsened two days back.He breathed his last at 3.15 AM.

Iyengar, honoured with Padma Vibhushan, is survived by a son and daughter. The legendary yoga guru was admitted to a city hospital on August 12 following complaints of acute breathlessness and palpitation, Dr Deepali Mande, who attended on him, told PTI.

"He did not want to be admitted to hospital even though he was unwell at home for almost three weeks. Iyengar had a cardiac (ailment) history. His condition subsequently worsened leading to renal failure after which he was put on dialysis," she said.

During the last phase, Iyengar was feeling drowsy, she said. "He was not keen on having any food," the doctor added.

Iyengar was considered one of the foremost yoga teachers in the world and had written many books on yoga practice and philosophy including 'Light on Yoga', 'Light on Pranayama', and 'Light on the Yoga Sutras of Patanjali'.

Prime Minister Narendra Modi condoled the death of Iyengar. "I am deeply saddened to know about Yogacharya BKS Iyengar's demise & offer my condolences to his followers all over the world," he said on Twitter.

"Generations will remember Shri BKS Iyengar as a fine Guru, scholar & a stalwart who brought Yoga into the lives of many across the world," the Prime Minister said.

An eminent exponent of yoga as enunciated in the ancient "Patanjali Sutra", Iyengar was credited with spreading practice of yoga to about 60 countries which he visited carrying message from the east to the west.

The yogacharya, who was active till the end through his Iyengar Institute of Yoga, had a large following of disciples within and outside the country. Hailed as a "modern rishi", Iyengar set up over 100 branches of his institute in different countries.

Born in 1918 at Bellur in Karnataka, he came to Pune in Maharashtra in 1937 and after spreading knowledge of yoga, set up his own 'Yogavidya' institute in 1975 which later expanded in various branches across the country and abroad.

The senior-most internationally acclaimed yoga guru had taught 'yogasanas' to many prominent personalities along with commoners.

Among those whom he introduced to yoga were eminent socialist leader Jayprakash Narayan, famous philosopher J Krishnamurti and world renowned violinist Yehudi Menuhin.

He also authored 14 books on yoga techniques, what became known as 'Iyengar Yoga'. His books were translated into 17 languages.

Always full of life and energy that betrayed his advanced age, Iyengar evinced keen interest in art, dance and theatre as also in cricket. All branches of the Iyengar Yoga Institute in the city were closed today following the news of his demise.

The cremation is scheduled to be held in the afternoon. Noted industrialist Rajiv Bajaj said Iyengar was not just a yogacharya, but he was a "life guru" who always imparted security and comfort to his disciples with a smiling face.

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News Network
March 6,2020

New Delhi, Mar 6: As panicky depositors rushed to withdraw money from Yes Bank whose control was seized by the RBI in a dramatic late-night move, Finance Minister Nirmala Sitharaman on Friday assured depositors that their money is safe and said the central bank was working for an early resolution of the crisis.

The Reserve Bank of India (RBI) on Thursday evening capped withdrawals at Rs 50,000 for the next one month and imposed strict limits on operations at the country's fourth-largest private lender that faced "regular outflow of liquidity" after an effort to raise new capital failed.

"I am in continuous interaction with the RBI. The RBI is fully seized of the matter and has assured they will give a quick resolution," Sitharaman said here.

She said no depositor will lose his or her money and insisted that the immediate priority is to ensure Yes Bank customers are able to withdraw money within the stipulated cap.

"I want to assure every depositor that their money shall be safe. Their monies are safe," she said. "I am constantly in contact with the RBI and the steps that are taken are taken in the interest of depositors, banks and economy. We are fully seized of the development."

She was talking to reporters after meeting State Bank of India (SBI) Chairman Rajnish Kumar. On Thursday, the SBI board gave its "in-principle" approval to exploring investment opportunities in Yes Bank.

"So I repeat, the depositors can be assured that their money is safe," she said.

Soon after the RBI takeover, depositors thronged Yes Bank ATMs to withdraw money and police had to be deployed in some places to control the crowds.

Yes Bank has 1,000 branches across the country.

Refusing to elaborate on her meeting with the SBI chairman, the minister said that "was on a completely different matter".

"RBI governor has given me assurance that there will be an appropriate resolution soon. No depositor will lose (money)," she said. "Reserve Bank has taken cognizance of the problem."

The central bank, she said, has gone through the "process over and over again to find out an amicable solution".

"And that has been over the last couple of months. So it is not as if they have come in suddenly now. We have been monitoring the situation," she said adding the RBI has appointed an administrator who previously was with the SBI.

"Both the RBI and the government are looking at this with all the details before them, not just today. I have personally monitored the situation over the last couple of months with the RBI. Therefore we have taken a course which will be in everybody's interest," she added.

Yes Bank had been seeking new capital since last year to bolster its ratios and quell questions about its stability due to its exposure to the non-banking finance industry entangled in a prolonged crunch in the local credit market.

The SBI chairman said the resolution to the Yes Bank crisis will come "very shortly".

"This is not a sectoral problem. It is a bank-specific problem," he said. "The RBI will take all steps to ensure financial stability."

On SBI picking up a stake in Yes Bank, he said the lender already has an in-principle approval for doing so.

"If SBI has to pick up a stake in Yes Bank, we have an in-principle approval for that," he said.

Commenting on the crisis at Yes Bank, Alka Anbarasu, Vice President – Senior Credit Officer, Financial Institutions, Moody's Investors Service, said: "RBI's moratorium on Yes Bank is credit negative as it affects timely repayment of bank depositors and creditors."

"While Moody's expects Indian authorities will take steps to prevent the weakness in the bank's viability from significantly impacting its depositors and senior creditors, the lack of a coordinated and timely action highlights continued uncertainty around bank resolutions in India," she said.

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News Network
June 16,2020

New Delhi, Jun 16: Delhi Health Minister Satyendar Jain on Tuesday said that he has been hospitalised after suffering from high-grade fever and a sudden drop in his oxygen level.

He tweeted to inform that he was admitted to the Rajiv Gandhi Super Speciality Hospital (RGSSH) here, a dedicated COVID-19 facility under the Delhi government.

"Due to high-grade fever and a sudden drop of my oxygen levels last night I have been admitted to RGSSH. Will keep everyone updated," Jain tweeted.

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News Network
May 8,2020

New Delhi, May 8: The Supreme Court on Friday suggested that states should consider indirect sale and home delivery of liquor as per its statute and law to avoid crowding at liquor shops amid the ongoing coronavirus-induced lockdown.

A bench headed by Justice Ashok Bhushan refused to pass any orders on a public interest litigation (PIL) seeking clarity on the sale of liquor and to ensure social distancing while it is being sold in liquor shops during the lockdown.

"We will not pass any order but the states should consider indirect sale/home delivery of liquor to maintain social distancing norms and standards," Justice Ashok Bhushan said while disposing of the petition.

The PIL, filed by one Sai Deepak, sought directions for closure of liquor shops for failing to enforce social distancing, which is essential to prevent the spread of coronavirus.

The petitioner told the apex court that he only wants that the life of common people is not affected because of crowding at liquor shops during COVID-19.

Justice Sanjay Kishan Kaul, another judge in the bench, said that discussion on home delivery is already going on.

The top court, after hearing the petition complaining about flouting of safety norms at liquor shops, observed that it cannot pass any orders to different states but they should consider online sale and home delivery of liquor.

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