Forbes list: Saudi Crown Prince 8th most powerful person in the world, PM Modi 9th

Agencies
May 9, 2018

New Delhi: Forbes released its 2018 list of the 75 most powerful people who make the world turn, on Wednesday, which declared Indian Prime Minister Narendra Modi as the ninth most powerful person in the world.

Chinese President Xi Jinping has topped the list this year replacing Russian President Vladimir Putin who was at the top for four consecutive years.

Beating the likes of Mark Zuckerberg, Elon Musk, Theresa May, Kim Jong-un and Justin Trudeau, Modi made it to the top 10.

About Modi being the 9th most powerful person, Forbes said: “India's populist prime minister remains hugely popular in the second most populous country on earth, with a population of 1.3 billion people.”

Forbes also cited sudden demonetisation step taken by Modi. It said  “In November 2016 he unexpectedly announced plans to eliminate India's two largest banknotes in a bid to reduce money laundering and corruption.”

“Modi has raised his profile as a global leader in recent years during official visits with Donald Trump and Xi Jinping. He has also emerged as a key figure in the international effort to tackle climate change, as warming affects millions of his country's rural citizens.”

Mukesh Ambani, the only Indian, apart from Modi who made it to the list this year has been ranked 32. Forbes cited: “In 2016, Reliance sparked a price war in India's hyper-competitive telecom market with the launch of 4G phone service Jio. Jio has signed on 160 million customers by offering free domestic voice calls, dirt-cheap data services and virtually free smartphones.”

Forbes opened the list with the introductory lines “There are nearly 7.5 billion humans on planet Earth, but these 75 men and women make the world turn. Forbes' annual ranking of The World’s Most Powerful People identifies one person out of every 100 million whose actions mean the most.”

Here is the list of top 10 among the 75 most powerful people in world:

1.            Xi Jinping (China)

2.            Vladimir Putin (Russia)

3.            Donald Trump (United States)

4.            Angela Merkel (Germany)

5.            Jeff Bezos (Amazon.com)

6.            Pope Francis (Roman Catholic Church)

7.            Bill Gates (Bill & Melinda Gates Foundation)

8.            Mohammed bin Salman Al Saud (Saudi Arabia )

9.            Narendra Modi (India)

10.          Larry Page    (Google)

You can check the full list by following the link in this tweet:

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Agencies
May 30,2020

New Delhi, May 30: The Congress on Friday described the first year of the Modi government as a "year of disappointment, disastrous management and diabolical pain".

Congress leader K C Venugopal said the six years of the Modi dispensation have seen fraying of bonds of empathy, fraternity and brotherhood with increase in acts of communal and sectarian violence.

Congress chief spokesperson Randeep Surjewala said that at the end of six years, it appears the Modi government is at war with its people and is inflicting wounds on them, instead of healing them.

"It is inflicting wounds on Mother India," he said.

"This government is trying to fill coffers of the select rich and is inflicting pain on the poor," Surjewala said.

On the BJP's charge of the Congress playing politics over the COVID-19 crisis, Venugopal said the opposition party did not indulge in any politics and gave suggestions instead.

"Being a responsible opposition, it is our duty to raise the problems faced by the common people. As opposition, we highlighted the failures of the government," he said.

Venugopal said the government "is totally insensitive" to the plight of migrant labourers and farmers.

Surjewala also demanded that a virtual session of Parliament be convened immediately to discuss pressing issues and the due process be set in motion for holding of meetings of various parliamentary committees.

Modi and his cabinet had taken oath on this day last year for a second term in office.

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News Network
March 6,2020

New Delhi, Mar 6: Union Finance Minister Nirmala Sitharaman on Friday will move the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019 for consideration and passing in Lok Sabha.

In December last year, the Union Cabinet had approved a proposal to promulgate an ordinance to amend the Insolvency and Bankruptcy Code (IBC) 2016.

The amendments will remove certain ambiguities in the IBC 2016 and ensure smooth implementation of the code, an official statement said.

The move is aimed at easing the insolvency resolution process and promoting the ease of doing business. Aimed at streamlining of the insolvency resolution process, the amendments seek to protect last-mile funding and boost investment in financially-distressed sectors.

Under the amendments, the liability of a corporate debtor for an offence committed before the corporate insolvency resolution process will cease.

The debtor will not be prosecuted for an offence from the date the resolution plan has been approved by the adjudicating authority if a resolution plan results in change in the management or control of the corporate debtor to a person who was not a promoter or in the management or control of the corporate debtor or a related party of such a person.

The amendments are aimed at providing more protection to bidders participating in the recovery proceedings and in turn boosting investor confidence in the country's financial system.

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News Network
July 14,2020

New Delhi, Jul 14: India's COVID-19 tally breached the 9 lakh mark as 28,498 new coronavirus cases were reported in the last 24 hours, informed the Union Ministry of Health and Family Welfare on Tuesday.

As per the Health Ministry, there are a total of 9,06,752 coronavirus cases in the country of which 3,11,565 patients are active cases.

5,71,459 patients have been cured/discharged while one patient has been migrated, the Ministry informed further.

553 more deaths due to COVID-19 were reported in the last 24 hours in the country, taking the number of patients succumbing to the virus to 23,727.

The Centre further informed that India's recovery rate from COVID-19 stands at 63.02 per cent while the recoveries and deaths ratio stood at 96.01 per cent and 3.99 per cent respectively.

As per the Ministry, Maharashtra -- the worst-affected state from the infection -- has a total of 2,60,924 COVID-19 cases and 10,482 fatalities. While Tamil Nadu has a tally of 1,42,798 cases and 2,032 deaths due to COVID-19.

Delhi has reported a total of 1,13,740 cases and 3,411 deaths due to COVID-19.

As per the information provided by the Indian Council of Medical Research (ICMR) 1,20,92,503 samples have been tested for COVID-19 till July 13, of these 2,86,247 samples were tested on Monday.

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