BJP can instigate riots, admits its ally in UP govt

Agencies
February 1, 2019

Ballia, Feb 1: Uttar Pradesh minister Om Prakash Rajbhar, who heads the BJP ally SBSP, Friday claimed that a US agency has warned that the saffron party could instigate riots.

The minister was apparently referring to reported remarks by US Director of National Intelligence Dan Coats on an assessment by intelligence agencies on threats worldwide.

According to reports, Coats said there was a possibility of communal violence if the BJP stresses on nationalist themes .

But Rajbhar was more direct, claiming, "An American agency, in its secret report, has said that BJP can instigate riots... riots can take place in India. 

I am telling you not to fight in the name of Hindus and Muslims. It is only the common people who die in riots and not the leaders," he said at a public meeting in Saidpura village of Bansdih area.

In an apparent reference to a meeting of seers at the Kumbh Mela recently, he said, "They are in the mood for riots now. They can start riots on February 21. 

"Remain vigilant as these are dangerous people. We want all to live peacefully and in amity in the country. They can do anything for votes," the Suheldev Bharatiya Samaj Party chief said.

The seers had announced a march to Ayodhya to ceremoniously begin the construction of a Ram temple at the disputed site there.

The backward classes welfare minister had recently stayed away from a UP Cabinet meeting at Kumbh, complaining that the issues raised by him were being ignored .

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Agencies
July 30,2020

New Delhi, Jul 30: India's gold demand in 2020 is expected to fall to the lowest level in 26 years with domestic bullion prices hitting a record high and as falling disposable incomes could curtail retail purchases, the World Gold Council (WGC) said on Thursday.

Lower demand by the world's second-biggest bullion consumer could limit a rally in global prices, which hit a record high earlier this month, although it could also reduce India's trade deficit and support the ailing rupee.

"Fast rising gold prices could act as headwinds," said Somasundaram PR, the managing director of WGC's Indian operations.

Local gold futures have jumped 35% so far this year after rising a quarter in 2019.

India's gold consumption in the first half of 2020 plunged 56% on-year to 165.6 tonnes. Meanwhile, the coronavirus-triggered lockdown also slashed demand by 70% in the June quarter to 63.7 tonnes, the lowest in more than a decade, the WGC said in a report published on Thursday.

Millions of Indians have lost their jobs or taken a pay cut after the country imposed a lockdown on its 1.3 billion people to curb the spread of the virus that has infected more than 1.5 million Indians.

Consumption is generally high during the June quarter due to weddings and key festivals such as Akshaya Tritiya, but lockdown restrictions kept shoppers indoors this year.

The weak demand in the first half could drag down India's gold consumption in 2020 to the lowest since 1994, when demand stood at 415 tonnes, Somasundaram said, adding that it is still difficult to provide an estimate for full-year demand as the coronavirus crisis is still unfolding.

"Indian demand has previously jumped as much as 300 tonnes in a quarter. Latent demand could come out in the second half," Somasundaram said.

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News Network
July 20,2020

New Delhi, Jul 20: Alleging that 2,426 companies have "looted" people's savings to the tune of Rs 1.47 lakh crore from banks, Congress leader Rahul Gandhi has asked if the Prime Minister Narendra Modi led government will conduct a probe into it to punish those guilty.

"2,426 companies looted 1.47 lakh crore rupees of people's savings from banks. Will this government investigate this loot and punish the culprits?" Gandhi said on Twitter, without elaborating.

"Or will it allow them to flee like Nirav and Lalit Modi?" he asked.

Gandhi's attack came after media reports claimed that the All India Bank Employees Association (AIBEA) had released a list of 2,426 borrower accounts that have been categorised as “wilful defaulters” with dues amounting to Rs 1,47,350 crore to the banking system.

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News Network
March 26,2020

Jaipur, Mar 26: Two new COVID-19 positive cases were registered in Rajasthan taking the total number of coronavirus cases to 38 in the state.
The Union Health Ministry had on Wednesday reported 606 positive COVID-19 cases in India including 43 foreign nationals.

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