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Discussions on surgical strikes will be insult to Army: BJP

October 5, 2016

New Delhi, Oct 5: Hitting out at those "seeking proof" of the surgical strikes in PoK, Union Minister M Venkaiah Naidu today said further discussions on the operations will be an "insult" to the "commendable" task carried out by the Army.

images 6"There is no need to respond to such irresponsible comments and demands. Fortunately, Congress has also realised its mistake and distanced itself from the comments of its leaders...AAP has also made it very clear," he told reporters on the sidelines of an event here.

He said nobody has any doubt about the "credentials and commitment" of the Indian Army which has done a "commendable" job and further discussions on the operations will be an "insult" to the force.

"I don't think any Indian citizen has got any doubt. Nobody is doubting the credentials and commitment of the Indian Army. It did a commendable job...It would be an insult to the Army if we further discuss," he said.

Naidu said the Director General Military Operations (DGMO) himself had given the statement about the operations in full details and also shared the information at an all-party meeting.

He wondered if giving further details will be in the interest of the nation. Observing that entire country is happy about the surgical strikes, he said the world has also acknowledge the step taken by India.

"Only Pakistan is saying something because they have to say something. They are not in a position to conduct funeral or last rites of their own citizens...This is their culture," he said.

Earlier, addressing the event, the minister said India does not want war with anybody, but will give a befitting reply if continuously provoked.

"...We never want a war with anybody. If somebody continuously provokes us, we will give them a befitting reply like our jawans gave the reply recently," he said.

Congress leader Sanjay Nirupam had accused the BJP of indulging in politics over national interest and called the surgical strikes on terror camps as fake, the comments which were slammed by his own party.

Congress leader P Chidmabaram had also reportedly said it was up to the government to give proof of the surgical strikes in which seven terror launch pads in Pakistan-occupied-Kashmir were destroyed by the Army.

Also, Delhi Chief Minister Arvind Kejriwal had on Monday released a video message "saluting" Prime Minister Narendra Modi for the surgical strikes across the LoC and urging him to "unmask" Pakistan's propaganda.

Pakistan has denied that the Indian Army conducted surgical strikes against terrorist units on its side of the border on the intervening night of September 28 and 29.

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Rashid
 - 
Wednesday, 5 Oct 2016

You already made a lot of damage to the credentials of army by dragging it to your political gain. now international media also shown some sign of suspicion

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News Network
January 1,2020

New Delhi, Jan 1: Newly-appointed Chief of the Defence Staff General Bipin Rawat on Wednesday said the armed forces stay away from politics and work as per the directives of the government of the day, remarks that come amid allegations that the forces were being politicised.

Gen Rawat also said that his focus as CDS will be to integrate the efforts of the three services and to work as a team.

"We keep ourselves away from politics. We act according to the directives of the government of the day," he said.

Gen Rawat said his focus will be to ensure best and optimal use of resources allocated to the three services.

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News Network
April 28,2020

New Delhi, Apr 28: Outstanding loans amounting to Rs 68,607 crore of top 50 wilful bank loan defaulters in the country including firms of Mehul Choksi and Vijay Mallya have been technically written off till September 30, 2019, the Reserve Bank of India said in a RTI reply.

Absconding dimantaire Choksi's company Gitanjali Gems tops the list of these defaulters with a whopping amount of Rs 5,492 crore, according to the list.

This is followed by REI Agro with Rs 4,314 crore and Winsome Diamonds with Rs 4,076 crore.

Rotomac Global Private Limited has funded advances of Rs 2,850 crore which have been technically written off and Kudos Chemie Ltd with Rs 2,326 crore, Ruchi Soya Industries Limited, now owned by Ramdev's Patanjali, with Rs 2,212 crore and Zoom Developers Pvt Ltd with Rs 2,012 crore being the other companies.

Mallya's Kingfisher Airlines figures in the list at number 9, with outstanding of Rs 1943 crore which have been technically written off by the banks.

Forever Precious Jewellery and Diamonds Private Limited has loans of Rs 1,962 crore written off while Deccan Chronicle Holdings Limited have Rs 1915 crore written off loans.

Choksi's other firms Gili India and Nakshatra Brands also have loans of Rs 1,447 and Rs 1109 crore respectively written off.

REI Agro of Jhunjhunwala brothers is already under the scanner of ED. The CBI and ED are also probing alleged fraud by the owners of Winsome Diamonds.

Vikram Kothari's Rotomac is the fourth in the list. He and his son Rahul Kothari were arrested by the CBI for bank loan default.

In the last Parliament session, Rahul Gandhi had asked the government to provide a list of top 50 bank loans defaulters in the country, leading to sharp exchanges and uproar in the Lok Sabha.

"The information on top 50 wilful defaulters and their sum of funded amount outstanding and amount technically/prudentially written off as on September 30, 2019 reported in CRILC by banks, is provided," the RBI said in its written response dated April 24.

In his application, RTI activist Saket Gokhale had sought the list of defaulters as on February 16, but the RBI said the requested information is not available.

The RBI said that according to section 8 (1)(a) of RTI Act 2005 read with para 77 of Supreme Court judgement of December 16, 2015 in Jayantilal N Mistry case, information on overseas borrowers is exempted from public disclosure.

"Data is as reported by banks and RBI will not be held responsibly or accountable for any misreporting and/or incorrect reporting by the reporting entities," the RBI said in the written reply to the RTI query.

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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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