Modi to meet Obama in September

June 5, 2014

New Delhi, Jun 5: In what is probably the most significant foreign policy decision taken since he became Prime Minister, Narendra Modi has confirmed to US President Barack Obama that he will have a bilateral meeting with him in Washington in the last week of September this year.

Obama had invited Modi to the US when he called up the PM to congratulate him. Significantly, the meeting won't happen on the sidelines of the United Nations general assembly in New York but in the form of a full-fledged bilateral summit in Washington.

Modi Obama

The two sides are finalizing the date for the meeting which will be in the last week of September, it is learnt. The Modi-Obama summit promises to be one of the foremost international events of the year and will overshadow Modi's presence at UNGA, if he decides to go to New York too.

In taking the decision, Modi has shown that his own predilections, if any, won't come in the way of ties with the US.

He has, in fact, acted with alacrity and decisiveness on what many believe is going to be one of the biggest immediate challenges for India's foreign policy — that of mending India-US ties which had tapered off under UPA-2 and then nosedived with l'affaire Khobragade.

Modi's decision underlines the significance of the US in India's strategic matrix. There was speculation that Modi could focus more on China and South Korea for economic gains and on an improved security partnership with Japan but these are not likely to come at the expense of Washington.

Modi was thought to be inadequately equipped to mend India-US ties because — as some reckoned — he could find it difficult to come to terms with the US hostility towards him after the 2002 Gujarat riots, and the resultant revocation of his US visa. He remained the only person to be barred from traveling to the US for many years under the country's controversial International Religious Freedom Act.

While the UK and EU were quick off the blocks in reaching out to Modi, US was late in responding, but once it did in the form of a meeting former US ambassador Nancy Powell sought with him, Modi has been generous in his response.

In an interview , before he took over as PM, Modi had said that relations between the two countries cannot be allowed to be "even remotely" influenced by incidents related to individuals.

Describing the US as a natural ally, he said it was in the interest of both countries to further develop the relationship.

Modi's decision to confirm the Obama bilateral is also the second big surprise he has sprung on his detractors who thought he would be straightjacketed by his own election campaign, and the baggage he was supposed to have come with on relations with the US.

Despite Pakistan featuring in his speeches, and his admonition of UPA for its 'biryani' diplomacy, Modi successfully invited Pakistan PM Nawaz Sharif for his swearing in.

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News Network
February 28,2020

Feb 28: Market benchmark Sensex plummeted over 1,100 points, wiping off over Rs 5 lakh crore investor wealth, in opening session on Friday amid a massive selloff in global equities as rising coronavirus cases outside China stoked fears of a pandemic that could dent world growth.

The 30-share index sank 1,100.27 points, or 2.77 per cent, to 38,645.39, while the NSE Nifty cracked 329.50 points, or 2.83 per cent, to 11,303.80.

All Sensex components were trading in the red, led by losses in Tata Steel, Tech Mahindra, Infosys, Mahindra and Mahindra, Bajaj Finance, HCL Tech and Reliance Industries.

In the previous session, the Sensex settled 143.30 points, or 0.36 per cent, lower at 39,745.66, and the Nifty fell 45.20 points or 0.39 per cent to end at 11,633.30.

According to analysts, till last week the market was of the view that coronavirus was going to have minimum impact on global economy as situation in China was being contained. But the increase in the number of new cases is changing the view and investors are worried about an intense slowdown.

Further, incessant selling by foreign investors is also spooking domestic market participants, traders said.

On a net basis, foreign institutional investors sold equities worth Rs 3,127.36 crore on Thursday, data available with stock exchanges showed.

Stock exchanges in Shanghai, Hong Kong, Seoul and Tokyo plunged up to 4 per cent in their morning sessions.

On Wall Street, the Dow Jones Industrial Average dropped 1,190.95 points, its largest one-day point drop in history, bringing its loss for the week to 3,225.77 points, or 11.1 per cent.

The S&P 500 has now plunged 12 per cent from the all-time high it set just a week ago.

World oil prices too tumbled by more than 4 per cent overnight as traders fretted about the impact of spreading coronavirus on crude demand, particularly from key consumer China.

Brent crude oil futures fell another 2.47 per cent to USD 50.45 per barrel early in the day.

The rupee depreciated 28 paise to 71.89 against the US dollar in morning session.

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News Network
April 7,2020

New Delhi, Apr 7: The death toll due to novel coronavirus rose to 114 and the number of cases in the country climbed to 4,421 on Tuesday, according to the Union Health Ministry.

While the number of active COVID-19 cases stood at 3,981, as many as 325 people were cured and discharged, and one had migrated, it stated. The total number of cases include 66 foreign nationals.

According to the ministry's data updated at 9 am, three new deaths were reported from Rajasthan, while Tripura recorded its first coronavirus case.

Maharashtra has reported the most coronavirus deaths at 45, followed by Gujarat at 12, Madhya Pradesh nine, Telangana and Delhi seven each, Punjab six and Tamil Nadu five fatalities.

Karnataka registered four deaths, while West Bengal, Uttar Pradesh, Andhra Pradesh and Rajasthan have recorded three fatalities each. Two deaths each have been reported from Jammu and Kashmir and Kerala. Bihar, Himachal Pradesh and Haryana have reported one fatality each, according to the health ministry data.

However, a PTI tally based on figures reported by states directly on Monday night showed at least 138 deaths across the country, while the confirmed cases reached 4,683. Of them, 359 have been cured and discharged.

There has been a lag in the Union Health Ministry figures, compared to the numbers announced by different states, which officials attribute to procedural delays in assigning the cases to individual states.

The highest number of confirmed cases are from Maharashtra at 748, followed by Tamil Nadu at 621 and Delhi with 523 cases. Kerala reported 327 COVID-19 cases, Telangana 321, Uttar Pradesh 305 and Rajasthan 288 cases. Andhra Pradesh reported 226 coronavirus cases.

Novel coronavirus cases have risen to 165 in Madhya Pradesh, 151 in Karnataka and 144 in Gujarat. Jammu and Kashmir has 109 cases, West Bengal has 91, Haryana 90 and Punjab 76 cases of the infection.

Thirty-two people were infected with the virus in Bihar while Uttarakhand has 31 patients and Assam 26. Odisha reported 21 coronavirus cases, Chandigarh 18, Ladakh 14 and Himachal Pradesh 13 cases.

Ten cases each have been reported from the Andaman and Nicobar Islands and Chhattisgarh. Goa has reported seven COVID-19 infections, followed by Puducherry with five cases. Jharkhand has reported four cases and Manipur two. Tripura, Mizoram and Arunachal Pradesh have reported one case of the infection each.

"State-wise distribution is subject to further verification and reconciliation," the ministry said on its website.

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News Network
February 9,2020

Feb 9: The Electronic Voting Machines (EVMs) used in Delhi Assembly polls are kept under tight security, in the 'Strong Room' located at Atal Adarsh Bengali Balika Vidyalaya in Gol Market.

Voting for Delhi Assembly elections took place on Saturday with voters turnout well short of the 2015 election mark.

Counting of the votes will be on February 11.

Earlier, Deputy Election Commissioner Sudip Jain had said the Delhi elections took place peacefully and smoothly.

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