Counting underway in Gujarat, Himachal Pradesh: BJP takes early lead over Cong

News Network
December 18, 2017

The results, which will forecast the fortunes of Prime Minister Narendra Modi and Congress president Rahul Gandhi 15 months ahead of Lok Sabha polls, either way, will have a huge impact on national politics. It would set the tone for the Assembly elections in mid-2018, including in Karnataka, while also indicating whether Modi would think of preponing the Lok Sabha elections by 6-7 months, as speculated by some quarters.

Exit polls have given the BJP a comfortable edge in Gujarat, where it is predicted to retain power, and in Himachal Pradesh where it is expected to dethrone Congress.

All eyes will be on Gujarat where both Modi and Gandhi, who took over as Congress chief on Saturday, campaigned vigorously. The campaign saw Modi and BJP chief Amit Shah targeting the Congress on issues like Ram Temple and allegations of Congress leaders using Pakistan to influence polls while Gandhi attacked Modi for not talking about development.

At least eight exit polls have suggested a clear victory for BJP with 99 to 146 seats in 182-member Gujarat Assembly. Analysts, however, said the Congress is likely to fare better than what the pollsters have predicted (36 to 82 seats).

Results from Saurashtra, where traders were upset with BJP over demonetisation and GST and North Gujarat where its MLAs were facing anti-incumbency would be watched keenly, as the performance in these regions would seal its fate.

For the Congress, an impressive show would increase the confidence of Gandhi besides boosting the Opposition prospects of taking on the BJP.

The result will also show whether Congress' rainbow coalition of Patidars, OBCs and Dalits and its reliance on three youth icons Hardik Patel, Alpesh Thakore and Jignesh Mevani worked in its favour. Gandhi will also be tested on his strategy to visit temples, giving rise to accusations that the Congress was indulging in soft Hindutva.

An adverse result for the Congress could mean that it may get alienated from secular and Left parties, who already have silently expressed objections. However, an impressive show would obviously add more power to the efforts to stitch an umbrella Opposition coalition for the Lok Sabha polls.

On the other hand, a victory in Gujarat would further boost the confidence of BJP to face the Assembly polls in Karnataka and other states. This would also come 15 months ahead of the Lok Sabha polls while some speculate that Modi may think of advancing the General Election in case BJP gets a decisive mandate.

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Agencies
January 19,2020

Thiruvananthapuram, Jan 19: The CPI(M) will soon launch a nation-wide house-to-house campaign to explain to the people, the 'link' between CAA-NPR-NRC, party general secretary, Sitaram Yechury said on Sunday.

The intense campaign will take place all over the country, he said while briefing the media about the three-day central committee held at Vilapilsala near here.

The central committee also urged the people not to answer the NPR questions.

"The Central committee has called upon the people not to answer any questions concerning the NPR when the enumerators come to their houses...," the left leader said.

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News Network
January 30,2020

Mumbai, Jan 30: The Shiv Sena on Thursday endorsed Union home minister Amit Shah's view that alleged inflammatory statements made by Sharjeel Imam, an anti- Citizenship (Amendment) Act (CAA) activist, were dangerous.

No politics should be done on the issue, and such "pest" afflicting the country should be finished off, it said.

Imam was arrested on Tuesday in connection with his speeches at Jamia Millia Islamia University in Delhi and in Aligarh during anti-CAA protests.

He has been booked for sedition, among other offences.

In an editorial published in its mouthpiece `Saamana', the Sena, a former ally of the BJP, said, "We agree with union home minister's comments that Sharjeel Imam's alleged words of separation are more dangerous than that of Kanhaiya Kumar."

Kumar, former student leader from Jawaharlal Nehru University, had been arrested over alleged separatist slogans shouted during a protest on varsity campus.

The Sena, which has formed alliance with the Congress and NCP to come to power in Maharashtra, is often seen walking a tightrope to preserve its credentials as a pro-Hindutva party.

"The union home ministry, while initiating action against Imam, should not indulge in politics and try to finish off this pest that is afflicting our country," the editorial said.

"One must find out why such language of breaking up this country into pieces is being used by the educated youth of this country more and more frequently. Who is spewing such venom into the mind of Sharjeel who did his graduation from IIT-B and now pursuing PhD from JNU?" the Sena asked.

"Even people involved in Elgar Parishad at Pune are facing sedition charges and these people have been known as intellectuals and are well-known personalities," said the party.

"A conspiracy to bring about a conflict between Hindus and Muslims and ensure continuance of anarchy and civil war as in Iraq and Afghanistan exists. The boost for such activities is coming from a 'political laboratory'," the editorial said.

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News Network
January 10,2020

Mumbai, Jan 10: India’s oil demand growth is set to overtake China by mid-2020s, priming the country for more refinery investment but making it more vulnerable to supply disruption in the Middle East, the International Energy Agency (IEA) said on Friday.

India’s oil demand is expected to reach 6 million barrels per day (bpd) by 2024 from 4.4 million bpd in 2017, but its domestic production is expected to rise only marginally, making the country more reliant on crude imports and more vulnerable to supply disruption in the Middle East, the agency said.

China’s demand growth is likely to be slightly lower than that of India by the mid-2020s, as per IEA’s China estimates given in November, but the gap would slowly become bigger thereafter.

“Indian economy is and will become even more exposed to risks of supply disruptions, geopolitical uncertainties and the volatility of oil prices,” the IEA said in a report on India’s energy policies.

Brent crude prices topped USD 70 a barrel on rising geopolitical tensions in the Middle East, putting pressure on emerging markets such as India. Like the rest of Asia, India is highly dependent on Middle East oil supplies with Iraq being its largest crude supplier.

India, which ranks No 3 in terms of global oil consumption after China and the United States, ships in over 80 per cent of its oil needs, of which 65 per cent is from the Middle East through the Strait of Hormuz, the IEA said.

The IEA, which coordinates release of strategic petroleum reserves (SPR) among developed countries in times of emergency, said it is important for India to expand its reserves.

REFINERY INVESTMENTS

India is the world’s fourth largest oil refiner and a net exporter of refined fuel, mainly gasoline and diesel.

India has drawn plans to lift its refining capacity to about 8 million bpd by 2025 from the current about 5 million bpd.

The IEA, however, forecasts India’s refining capacity to rise to 5.7 million bpd by 2024.

This would make “India a very attractive market for refinery investment,” IEA said.

Drawn to India’s higher fuel demand potential, global oil majors like Saudi Aramco, BP, Abu Dhabi National Oil Co and Total are looking at investing in India’s oil sector.

Saudi Aramco and ADNOC aim to own a 50 per cent stake in a planned 1.2-million bpd refinery in western Maharashtra state, for which land is yet to be acquired.

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