Joe Biden seeks to boost economic ties

July 23, 2013

joe

New Delhi, Jul 23: United States Vice-President Joe Biden arrived here on Monday, seeking to boost economic ties between the two nations and step up bilateral trade.

Biden, during his four-day visit, will discuss with political executives steps to improve relations in the four key areas of trade, energy and climate, defence and regional cooperation.

He will travel to Mumbai on Wednesday to address captains of the Indian Inc at the Bombay Stock Exchange and interact with students at IIT-Powai.

In Delhi, Biden is scheduled to hold talks with Prime Minister Manmohan Singh and call on President Pranab Mukherjee, UPA chairperson Sonia Gandhi and Leader of the Opposition in the Lok Sabha Sushma Swaraj. Vice-President Hamid Ansari will host a dinner in his honour on Tuesday.

Biden, who arrived in the Palam Technical Area with spouse, Jill, was received by Foreign Secretary Ranjan Mathai. He began his tour with a visit to Gandhi Smriti Museum.

This is his first visit to India after becoming the vice-president. Biden’s trip comes a month after US Secretary of State John Kerry’s visit.

Biden’s discussions with the Indian leaders are expected to focus on enhancing economic ties, greater defence cooperation, taking forward civil nuclear cooperation and the situation in Afghanistan.

Singh is expected visit the US in September.

In a bid to boost India’s civil nuclear ties with the US, Biden is expected to utilise the visit to expedite work on commercial details of a contract between Nuclear Power Corporation of India Ltd and Westinghouse for setting up the first US reactor in India.

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News Network
June 13,2020

New Delhi, June 13: A quarantine notice pasted outside former Prime Minister Manmohan Singh’s 3, Motilal Nehru Place residence has raised speculations among media and political circles.

According to reports, the daughter of a domestic help who works at Singh’s residence has tested positive. She and her family, who live in the servant quarters, have been quarantined.

Singh, who has not been keeping well for some time, is slowly getting active. Congress leaders said the former Prime Minister attended a meeting of the party’s consultative committee on Thursday through video conference.

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Agencies
June 4,2020

New Delhi, Jan 4: The Supreme Court on Thursday extended till June 12 its earlier order of May 15 asking the government not to take any coercive action against companies and employers for violation of Centre's March 29 circular for payment of full wages to employees for the lockdown period.

A bench of Justices Ashok Bhushan, S K Kaul and M R Shah reserved the verdict on a batch of petitions filed by various companies challenging the circular of the Ministry of Home Affairs issued on March 29 asking the employers to pay full wages to the employees during the nationwide lockdown due to the coronavirus pandemic.

In the proceedings conducted through video conferencing, the top court said there was a concern that workmen should not be left without pay, but there may be a situation where the industry may not have money to pay and hence, the balancing has to be done.

Meanwhile, the apex court asked the parties to file their written submissions in support of their claims.

The top court on May 15 had asked the government not to take any coercive action against the companies and employers who are unable to pay full wages to their employees during the nationwide lockdown due to the coronavirus pandemic.

The Centre also filed an affidavit justifying its March 29 direction saying that the employers claiming incapacity in paying salaries must be directed to furnish their audited balance sheets and accounts in the court.

The government has said that the March 29 directive was a "temporary measure to mitigate the financial hardship" of employees and workers, specially contractual and casual, during the lockdown period and the directions have been revoked by the authority with effect from May 18.

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News Network
May 25,2020

New Delhi, May 25: Mahindra Group Chairman Anand Mahindra on Monday said lockdown extensions are not just economically disastrous but also create another medical crisis.

While acknowledging that choices are not easy for policymakers, he said a lockdown extension will not help.

"Lockdown extensions aren't just economically disastrous, as I had tweeted earlier, but also create another medical crisis," Mahindra said in a tweet.

He was referring to an article that highlighted "the dangerous psychological effects of lockdowns & the huge risk of neglecting non-COVID patients".

Mahindra, who had earlier proposed a comprehensive lifting after 49 days of lockdown, further said, "The choices aren't easy for policy makers but a lockdown extension won't help".

He said, "The numbers (coronavirus cases) will continue to rise & the focus must be on rapid expansion of field hospital beds with oxygen lines".

He further said, "The army has enormous expertise in this".

On March 22, before the government announced nationwide lockdown, Mahindra had proposed such a move expressing concerns over reports that India was likely to have already reached stage 3 of coronavirus transmission.

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