Hazare's decision to snap ties shocking: Kejriwal

September 20, 2012

Arvind-KejriwalNew Delhi, September 20: Arvind Kejriwal today described Anna Hazare's decision to snap ties with the pro-politics group in the anti-corruption movement as "shocking and unbelievable" and said the veteran activist's principles will be the foundation of their party.

"We respect Anna Hazare, he is our guru and father. Yesterday's developments came as a complete surprise. It was shocking, unbelievable, unfortunate and sad," Kejriwal told reporters here after a meeting with some of the supporters to chalk out the next course of action.

Hazare yesterday announced the split with Kejriwal-led group, which is going ahead with its plan to form a party, saying they should not use his name or photo for the outfit they are planning to launch.

"Anna's photograph and name are printed in our hearts. We will continue to take his blessings and touch his feet. Anna's five principles will become foundation of our party," Kejriwal said.

Responding to Hazare's remarks that he does not go by a survey conducted through social networking sites, he claimed that it was the veteran activist who asked them to conduct a survey on whether to form a party or not.

"Anna had asked us to do the survey. Using SMS and Internet was his idea," he said.

Claiming that there is a sense of urgency to change the system, he said the country was on "sale and everything is being sold out. We have challenges as well as opportunities.

In our view both Congress and BJP are the same."

Meanwhile, Kejriwal supporters took potshots at Hazare on social networking sites like Twitter, posts which were retweeted by India Against Corruption.

One tweet read, "Anna made people aware about corruption, but doesn't say, what to do with that awareness, Going political is only logical step" while another said, "need to change the script now!

Let People write the script and not few who are disconnected from people."


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Agencies
June 22,2020

Mumbai, Jun 22: After downgrading India's outlook to negative from stable, Fitch Ratings on Monday revised the outlook on nine Indian banks to negative.

The outlook on the Long-Term Issuer Default Ratings (IDR) was revised to negative from stable due to the banks' high dependence on the Centre to re-capitalise them.

Accordingly, the IDR outlook of the Export-Import Bank of India, the State Bank of India, the Bank of Baroda, the Bank of Baroda (New Zealand), the Bank of India, the Canara Bank, the Punjab National Bank, ICICI Bank and Axis Bank Ltd have been downgraded to negative.

"At the same time, Fitch has affirmed IDBI Bank Limited's (IDBI) IDR while maintaining the outlook at negative," Fitch said in a statement.

The rating actions follow Fitch's revision of the outlook on the 'BBB-' rating on India to negative from stable on June 18, due to the impact of the escalating coronavirus pandemic on India's economy.

"The IDRs for all the above Indian banks are support-driven and anchored to their respective SRFs," the statement said.

"They are based on Fitch's assessment of high to moderate probability of extraordinary state support for these banks, which takes into account our assessment of the sovereign's ability and propensity to provide extraordinary support."

According to the statement, the negative outlook on India's sovereign rating reflects an increasing strain on the state's ability to provide extraordinary support, due to the sovereign's limited fiscal space and the significant deterioration in fiscal metrics due to challenges from the COVID-19 pandemic.

"The rating action does not affect the banks' Viability Rating (VR). EXIM does not have a VR as its role as a policy bank makes an assessment of its standalone credit profile less meaningful."

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News Network
June 5,2020

New Delhi, Jun 5: India registered its highest spike in COVID-19 cases with 9,851 more cases and 273 deaths reported in the last 24 hours. The total number of cases in India reached 2,26,770 including 1,10,960 active cases, said the Union Ministry of Health and Family Welfare.

The Ministry informed that 1,09,462 persons have been cured/discharged/migrated while 6,348 people have succumbed to the disease so far.

Maharashtra has so far reported 77,793 cases, more than any other state in the country, while the total number of active cases in the state stands at 41,402.

In Tamil Nadu, 27,256 cases have been detected so far while Delhi has reported 25,004 coronavirus cases.

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Agencies
July 30,2020

Kochi, Jul 30: The Kerala High Court on Thursday refused to grant the extension for the stay of a 74-year-old US citizen, Johnny Paul Pierce, who had earlier said that he felt safer to remain in India than in the United States amid the COVID-19 pandemic.

The single-judge bench of Justice CS Dias, which considered the writ petition, observed that the grant or extension of visa to foreign nationals fall exclusively within the domain of the Government of India (GoI) and that judicial review in such matters is minimal.

The power of the GoI to expel foreigners is absolute and unlimited, the bench said.

"In view of the categoric declaration of law by the Supreme Court, the plea of the petitioner to permit him to stay back in India cannot be accepted, as it falls within the purview of the guidelines and the discretion of the Government of India," the order said.

"The petitioner cannot be heard that the guidelines/policies/regulations formulated by the Government of India, that an American national though has been granted a visa having validity of five years has to leave India within 180 days, is irrational or unreasonable," it added.

The High Court, which was hearing a plea to permit the US citizen to stay in India for a further period of six months, said that the petitioner does not have a case that there is an infraction of Article 21 of the Constitution of India.

"The petitioner was well aware of the visa conditions when he arrived in India, and it is too late in the day for him to raise a grievance on the visa conditions," the bench said noting that the petitioner's love for India was heartening.

The High Court also directed the Foreigners Registration Officer to consider the petitioner's representation within a period of two weeks in accordance with the applicable guidelines and policies.

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