India, US achieve breakthrough in operationalising N-deal

January 25, 2015

N-deal

New Delhi, Jan 25: India and the US today achieved a breakthrough in operationalisation of the stalled nuclear deal in a major outcome of the talks between Prime Minister Narendra Modi and President Barack Obama here today.

It is understood that the breakthrough was achieved over one-on-one talks between the two leaders over tea.

Both leaders also held extensive discussions on enhancing cooperation in crucial areas of defence, trade and commerce and climate change.

The ticklish liability issue had stalled the implementation of the nuclear agreement inked in 2005 between then US President George Bush and former Prime Minister Manmohan Singh.

The Indian liability law holds the suppliers directly liable in case of a nuclear accident while countries like France and the US have asked India to follow global norms under which the primary liability lies with the operator.

After the official discussions followed by lunch, Modi and Obama went for a short stroll in the manicured gardens of the Hyderabad House.

Once they settled down at a special enclosure in the garden, Modi prepared tea for Obama as they continued their one-on-one discussion, reflecting heightened bonhomie between the two leaders. Earlier, Obama arrived here to a red-carpet welcome by Modi on his unprecedented second visit.

In a departure from protocol, Modi received Obama and his wife Michelle at the Palam airport after they disembarked from Air Force One at around 9:50 AM for the three-day high-profile visit. Modi and Obama shook hands and hugged each other reflecting their personal chemistry.

Later, the US President was received by President Pranab Mukherjee in the forecourt of the imposing Rashtrapati Bhavan where he was given a ceremonial Guard of Honour and a 21-gun salute.

Obama, who has often talked about the influence of Mahatma Gandhi on his life, also visited Mahatma Gandhi's memorial and paid homage to the 'apostle of peace'.

The American President placed a wreath, showered rose petals at Gandhi's memorial and bowed before it with folded hands for some time.

"What Dr Martin Luther King Jr. said that remains true today: The spirit of Gandhi is very much alive in India today and it remains a rare gift to the world. May we always live in this spirit of love and peace among all people and nations," Obama wrote in the visitors' book at the memorial.

Obama will be the first US President to grace the Republic Day parade as the Chief Guest tomorrow.

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News Network
January 14,2020

New Delhi, Jan 14: One of the four Nirbhaya gang rape convicts, who are scheduled to be hanged on January 22, moved a mercy plea before President Ram Nath Kovind to set aside the death sentence issued against him.

He also moved the Delhi High Court to set aside the death warrant issued by a trial court. This hearing is scheduled for Wednesday before a bench of Justices Manmohan and Sangita Dhingra Sehgal.

The petition, filed through advocate Vrinda Grover, seeks setting aside of the January 7 order issuing the warrant of his execution.

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News Network
March 5,2020

Mumbai, Mar 5: Jet Airways founder Naresh Goyal and few others have been booked by the ED in a money laundering case even as the agency is conducting searches at his premises, officials said on Thursday.

They said a criminal case against the former chairman of the airlines has been filed under the Prevention of Money Laundering Act (PMLA) after taking cognisance of a recent Mumbai Police FIR filed against him.

The Enforcement Directorate carried out raids at Goyal's premises in Mumbai on Wednesday and also questioned him after filing the case, they said.

The action is continuing, they added.

The Mumbai Police FIR pertains to charges of alleged fraud by Goyal and others against a Mumbai-based travel company.

Goyal has earlier been grilled by the central probe agency in a case filed under the Foreign Exchange Management Act (FEMA) in September last year.

The agency had carried out similar raids, under the FEMA, in August last year against Goyal, his family and others.

ED has alleged in the past that the businessman's empire had 19 privately-held companies, five of which were registered abroad.

The agency is probing charges that these firms allegedly carried out “doubtful” transactions under the guise of selling, distribution and operating expenses.

The ED suspects that expenses at these companies were allegedly booked at fake and high costs and as a result, they “projected” huge losses.

Alleged shady aircraft lease transactions with non-existent offshore entities are also under the ED scanner and it is suspected that Jet Airways made payments for lease rental to “ghost firms”, which purportedly routed the ill-gotten money in Goyal's companies.

A full-service carrier, Jet Airways shut its operations in April last year after running out of cash.

A month earlier, Goyal had stepped down as the chairman of Jet Airways.

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News Network
May 7,2020

Visakhapatnam, May 7: Unconscious children being carried by parents in their arms, people laying on roads, health workers scrambling to attend to those affected by the styrene vapour leak and residents fleeing were some of the scenes that played out near here on Thursday, bringing back grim memories of the 1984 Bhopal gas tragedy.

The leak of styrene, a chemical used to make synthetic rubber and resins, among others, occurred in the wee hours of Thursday while people were still fast asleep.

Women and children were seen lying on roads struggling to breath, reminiscent of the infamous Bhopal gas tragedy when a leak from the Union Carbide plant left around 3,500 dead and many maimed.

The worst-hit Gopalapatnam village reverberated with cries of people for help.

Many people fell unconscious during their sleep, a villager said.

Affected people, suffering writ large on their faces, were rushed to hospitals in autorickshaws and on two wheelers.

Visakhapatnam Collector Vinay Chand said 20 ambulances were pressed into service as soon information about the gas leak was received.

Exposure to styrene, also known as ethenylbenzene, vinylbenzene can affect the central nervous system (CNS), causing headache, fatigue, weakness, and depression.

It is primarily used in the production of polystyrene plastics and resins.

The gas leak took place at LG Polymers chemical plant.

LG Polymers was established in 1961 as "Hindustan Polymers" for manufacturing Polystyrene and its co-polymers at Visakhapatnam. It merged with McDowell & Co. Ltd of UB Group in 1978, according to the company's website.

Taken over by LG Chem (South Korea), Hindustan Polymers was renamed LG Polymers India Private Limited (LGPI) in July, 1997.

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