JD(S) leader accuses Cong of neglecting Hindus in coastal Karnataka; U T Khader hits back

coastaldigest.com news network
August 4, 2018

Mangaluru, Aug 5: Janata Dal (Secular) leader S L Bhoje Gowda has sparked row by accusing the Congress party of ignoring Hindus in coastal Karnataka.

Speaking to media persons in the city, the MLC said that his party, under the leadership of chief minister H D Kumaraswamy, will not lose the trust of Hindus by following the path of Congress.

According to Mr Gowda, the main reason behind Congress’ debacle in coastal districts of Karnataka in 2018 assembly polls is neglecting Hindus. U T Khader was the only Congress candidate to win in 13 assembly seats of Dakshina Kannada and Udupi districts whereas BJP won remaining 12 seats. 

Mr Gowda urged the Congress to introspect on why the majority community members voted for BJP in large numbers this time though they had dumped the saffron party in 2013 Karnataka assembly polls.

Stating that polarization of Hindu votes resulted in BJP emerging as a single largest party in the state, he said that various developments occurred during the five years of Congress rule under the leadership of then chief minister Siddaramaiah are responsible for such polarization.

“Hence we will not commit such mistakes. The JD(S) leaders have been asked to give priority to Hindus along with minority communities,” he said. 

U T Khader’s response

The unexpected remarks of JD(S) leader has evoked strong response from Congress leader and Dakshina Kannada district in-charge minister U T Khader, who advised Mr Gowda to be cautious while talking about the coalition partner.

Mr Khader, who holds urban development and housing portfolios in H D Kumaraswamy-led JD(S)-Congress coalition government, said that Mr Gowda’s “irresponsible statement” would harm his own party.

“The allegation made against Congress that it sidelined Hindus is baseless. Congress is the enemy of communalism. It treats all communities equally and all communities vote for Congress,” he said adding that he would discuss the issue with senior leaders of his party.

Comments

L K Monu Borkala
 - 
Sunday, 5 Aug 2018

  1. Boje Gowda's boring statement no one will bother as everyone knows how Congress worked the development of entire India irrespective of gender cast color and religion.

Abdullah
 - 
Sunday, 5 Aug 2018

Muslims should rethink when voting this communal JDS.

Sugunendra Pai
 - 
Saturday, 4 Aug 2018

After BJP and Congress, now JD(S) too is becoming a standard-bearer of Hindutva.

P B N, Dubai
 - 
Saturday, 4 Aug 2018

Apparent attempt by cunning family-led party to win a couple of seats in coastal Karnataka in future. But, it’s a futile bid. No future for JD(S) in DK, Udupi. 

zahoor ahmed
 - 
Saturday, 4 Aug 2018

Bore Gowda has no other job. Who are those jobless idiots with him. There is no space for JDS in coastal karnatak. 

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Agencies
January 9,2020

Alappuzha, Jan 9: The houseboat of Nobel Laureate Michael Levitt was blocked in the backwaters here for some time by trade union activists, who were on a nationwide strike against the Centre's "anti-labour" policies on Wednesday.

Michael Levitt, an American-British-Israeli biophysicist and a professor of structural biology at the Stanford University in the United States, said the incident sent a bad message to tourists.

Levitt, who was in Kerala as a state guest, also said he felt as if a bandit had stopped his wife and him at gunpoint. Police said Levitt, who received the 2013 Nobel Prize in Chemistry, was in Alappuzha with his wife and they were stopped by the protesters near Kainakary.

"Being stopped by criminals on the backwaters sends a very bad message to tourists. It is as if a bandit stopped us at gunpoint and delayed us under the threat of force for one hour," Levitt wrote in an email to his tour agent at Kottayam.

In the email, which was later released to the media, he also said the person who blocked them "ignored all arguments that tourists were exempted" from the strike.

"This person, who did this, ignored all arguments that tourists were exempted and that I am a VIP guest of the Kerala government. He was obviously acting, knowing that he was safe from prosecution. Sadly, this makes me fear that India is sinking into lawlessness," Levitt wrote in the email.

The police registered a case after the houseboat owners filed a complaint in this regard.

Reacting to the incident, state Tourism Minister Kadakampally Surendran said the government would take strong action. "Strong action will be taken against those anti-social elements who stopped the boat. Levitt was here as a guest of the state government. The government had made it clear that the tourism industry was exempted from the strike," he said.

Trade union leaders had also announced that the strike would not affect the tourism industry.

Ten trade unions, including the INTUC, the AITUC and the CITU, had called for the nationwide strike to protest against the labour reforms, FDI, disinvestment, corporatisation and privatisation policies of the Centre and press for a 12-point demands of the working class, relating to minimum wage, among others.

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Agencies
June 26,2020

New Delhi, Jun 26: With looming uncertainty and no likelihood of an early economic recovery in sight, the bull run in gold prices is here to stay. Analysts expect domestic futures to touch ₹ 52,000 per 10 grams in the next few months, till Diwali.

Experts also predict that with the current trend, gold may reach historic levels around ₹ 65,000 per 10 grams in two years time.

Futures of the yellow metal have touched new highs in India off late. On Wednesday, the August contract of gold futures on the Multi-Commodity Exchange (MCX) touched an all-time high of Rs 48,589 per 10 grams.

It has, however corrected since and is currently trading at ₹ 48,057 on the MCX, higher by ₹ 116 or 0.24 per cent from its previous close.

Market experts are of the view that both domestic and international gold prices are yet not done breaching records and will touch new highs in days to come.

The resurgence in the number of new cases of coronavirus infection across the globe has added to the uncertainty and fears.

Speaking to media persons, Anuj Gupta, DVP for Commodities and Currencies Research at Angel Broking, noted: "In short term we are expecting it to reach ₹ 48,800-49,000 and for long term, we are expecting ₹ 51,000-Rs 52,000 till Diwali."

On the prices in the international market, he said that it may reach around $1,790 per ounce in the near term from the current levels of $1,762 and the long term, it is likely to be around $1,820-1,850 per ounce.

Gupta noted that with International Monetary Fund's (IMF) latest downward revision of economic outlook, both global and of India, and the rising number of cases and high demand by gold exchange traded funds (ETF) have led to this record breaking rise in gold prices.

Covid-19 battered India's economy is projected to contract by 4.5 per cent this fiscal, according to the IMF and the global output is projected to decline by 4.9 per cent in 2020, 1.9 percentage points below the IMF's April forecast.

Hareesh V, Head of Commodity Research at Geojit Financial Services, said that gold's safe haven appeal will remain on the higher side as there is little hope of a quick global economic recovery amid rising virus cases across the world.

"Increased geopolitical instability and an under-performing dollar also lift the metal's sentiments," he added.

According to Prathamesh Mallya, AVP Research, Non-Agro Commodities & Currencies at Angel Broking, said that with the global output to contract and the economies in a deeper recession than most anticipate, gold as an asset class is a safe bet for investors across the globe.

"Although, the physical demand has declined drastically due to the restrictions and lockdowns, the activity of global central banks and their net purchases of gold signal that uncertainty will continue for most of 2020," he said.

He was also of the view that in the international market price of the metal may move towards $1,850 per ounce and in the domestic market it is likely to move higher towards Rs 50,000 per 10 grams.

"The investment demand as seen in the net additions of ETF holdings also signals that gold will shine for a much longer time even if the pandemic is under control. Till then, keep buying gold, if not in physical form, but in digital form," Mallya added.

Industry insiders like Aditya Pethe, Director, WHP Jewellers said: "I basically feel that the current trend for the gold is bullish and for the coming next 2 years, it is likely to move upwards. No one can predict the exact price as currently the trend is on rise but it might change after 6 months. In general for the coming 6 months to one year, the gold prices are likely to cross $2,000 which comes to roughly Rs 55,000. For a temporary moment it may reduce, basically fluctuate as well but overall trend of gold is going to be bullish."

On his part, Ishu Datwani, Founder, Anmol Jewellers said: "Yes - it's very likely that the gold price could easily go up to Rs 60,000-Rs 65,000 in the next two years. There is also a possibility of it going up even more."

"A lot of banks have been buying gold and there is also a possibility that the Indian rupee will depreciate against the dollar. This and geopolitical reasons will cause bullishness in gold."

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News Network
January 21,2020

Jan 21: Info Edge (India)'s shareholding in Zomato reduces to 22.71%; Uber receives 9.99% stake in Zomato.

Info Edge (India) announced that Zomato Media (Zomato) has signed a definitive agreement to acquire Uber's food delivery business in India (Uber) in an all-stock transaction, which gives Uber 9.99% ownership in Zomato.

Uber Eats in India will discontinue operations and direct restaurants, delivery partners, and users of the Uber Eats apps to the Zomato platform, effective 21 January 2020.

Upon closing of said acquisition, the company's shareholding in Zomato shall stand reduced to about 22. 71 % on fully converted & diluted basis.

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