Reincarnation of Dalai Lama should be chosen by Tibetans, says US

Agencies
June 8, 2018

Washington, Jun 8: Tibetans should choose Buddhist lamas, including the Dalai Lama, as per their beliefs and without interference, the Trump administration has said in an apparent reference to China's intervention.

In its latest Tibet negotiations report sent to the Congress, the Trump administration said it was concerned by the Chinese government's interference in the selection, education and veneration of Tibetan Buddhist religious leaders.

"The US government believes that respect for Tibetan Buddhists' universal human right of religious freedom dictates that the succession or identification of Tibetan Buddhist lamas, including the Dalai Lama, should occur without interference, in a manner consistent with their beliefs," said the report signed by Assistant Secretary of State for Legislative Affairs Mary K Waters.

The US continues to urge the Chinese Government to revise its policies in Tibetan areas that have created tensions, respect and preserve the distinct religious, linguistic and cultural identity of the Tibetan people and permit Tibetans to express their grievances freely, publicly, peacefully and without fear of retribution, it said.

China says that the successor to the Dalai Lama must be chosen according to the religious rituals and historical conventions as well as the backing from the ruling Communist Party.

The report calls upon the Chinese authorities to allow diplomats, journalists, tourists and others to have unrestricted access to Tibetan areas.

It urges the Chinese Government to respect the human rights and fundamental freedoms of all the people in China, including the freedom of movement and the right to leave any country, including one's own.

Noting that the Chinese government officials and the Dalai Lama or his representatives have not met in formal negotiations since 2010, the report said the US continued to encourage both sides to engage in meaningful and direct dialogue, without preconditions, to lead to a settlement that resolves differences.

The US government remains concerned by the lack of meaningful autonomy for Tibetans within China, ongoing violations and abuses of the human rights of Tibetans in China and efforts by Chinese authorities to eliminate the distinct religious, linguistic and cultural identity of Tibetans, the report said.

The US believes the Chinese government must address these concerns to create conditions for a sustainable settlement, which is essential to the long-term stability of the region, it said.

"The US government has maintained close contact with Tibetan religious, cultural and political leaders to underscore US support and has expressed its concerns regarding Chinese government actions in bilateral,  multilateral and public venues," it said.

According to the report, the Department of State maintains close contact with a wide range of religious, cultural and political leaders of the Tibetan people, including Tibetans in the US, China, India, Nepal and around the world.

Last year, the Chinese foreign ministry said the successor to the Dharamshala-based 14th Dalai Lama must be chosen according to the religious rituals and historical conventions, including drawing of lots from the Golden Urn in front of the Shakyamuni (Buddha) statue at the Jokhang Temple in Lhasa, followed by the mandatory approval from the ruling Communist Party of China.

Since he fled Tibet in 1959 to escape from the Chinese occupation, the Dalai Lama, 82, has been keeping China on tenterhooks about his successor.

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News Network
March 10,2020

Mar 10: Indian energy tycoon Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks.

The rout, exacerbated by mounting fears that the spread of the novel coronavirus will thrust the world into a recession, erased $5.8 billion from Ambani’s net worth on Monday and pushed him to No. 2 on the list of Asia’s richest people, according to the Bloomberg Billionaires Index. Ma, the Alibaba Group Holding Ltd. founder who relinquished the No. 1 ranking in mid-2018, is back on top with a $44.5 billion fortune, about $2.6 billion more than Ambani.

Oil plunged the most in 29 years on Monday as Saudi Arabia and Russia vowed to pump more in a struggle for market share. The slump comes just as the coronavirus is spurring the first decline in demand in more than a decade. That raises questions about whether Ambani’s flagship Reliance Industries Ltd. will be able to cut net debt to zero by early 2021, as he has pledged. The plan hinges on a proposal to sell a stake in the group’s oil and petrochemicals division to Saudi Arabian Oil Co., the world’s biggest crude producer.

While the coronavirus has curtailed some of tech giant Alibaba’s businesses, the damage has been mitigated by increased demand for its cloud computing services and mobile apps.

Reliance Industries, by comparison, has no such silver lining. The Indian conglomerate’s shares plunged 12% on Monday, the most since 2009, extending this year’s decline to 26%. Alibaba’s American depositary receipts have slipped 6.8% so far in 2020.

Ma reclaims crown after Reliance shares were pummeled in 2020.

Few of the world’s billionaires fared well in Monday’s collapse as the S&P 500 Index and Dow Jones Industrial Average each plunged more than 7.5%, the most since the 2008 financial crisis, threatening to end the longest bull market in history. But no one did worse than those whose fortunes are underpinned by oil. Wildcatter Harold Hamm’s fortune was cut almost in half to $2.4 billion and fellow oil magnate Jeff Hildebrand lost $3 billion, bumping both from Bloomberg’s 500-member wealth ranking.

In a pivot toward new businesses such as telecommunications, technology and retail, Ambani’s Reliance Industries has piled on billions of dollars of debt over the years.

It spent almost $50 billion -- most of it funded by borrowings -- to build Reliance Jio Infocomm Ltd., which became India’s No. 1 wireless carrier within about three years of its debut. As the mobile venture took off, Ambani also unveiled plans for an e-commerce empire to rival Amazon.com Inc. in India.

Addressing concerns over the liabilities, Ambani pledged in August to cut the group’s net debt to zero from about $21 billion as of last March. The Aramco deal is crucial to that plan for which Reliance Industries has valued its oil-to-chemicals division at $75 billion including debt, implying a $15 billion valuation for the 20% stake that’s for sale.

Signs of a potential delay to that deal unnerved some investors, hammering the stock since it touched a record high on Dec. 19.

Reliance Industries expected the Aramco transaction to be completed by March, but people familiar with the matter said in February that talks were still ongoing to bridge differences between the two parties over the deal’s structure.

Adding to the uncertainty, Indian Prime Minister Narendra Modi’s administration has petitioned a court to halt the proposed stake sale, threatening a key source of funds needed to pare net debt.

But Ambani, 62, may soon bounce back from the setback, said Harish H.V., managing partner at ECube Investment Advisors in Bengaluru, India.

“The game isn’t over,” he said. “Ambani has successfully built a robust business model which would keep him in the game. Moreover, his telecom business will start yielding results in coming years.”

Comments

SmR
 - 
Tuesday, 10 Mar 2020

The curses of the bank depositors savings which vanished with collapsing economy and fraudlent seems to have gradully affecting riches of Ambani's.

 

AU
 - 
Tuesday, 10 Mar 2020

in Holy Quran Allah says; but they plan and Allah plans, and Allah is the best planners..(Surah Al Anfal 8:30)

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Agencies
August 7,2020

New Delhi, Aug 7: India's COVID-19 cases tally crossed 20 lakh mark with the highest single-day spike of 62,538 cases on Friday, said Union Ministry of Health and Family Welfare.

The COVID-19 tally rises to 20,27,075 including 6,07,384 active cases, 13,78,106 cured/discharged/migrated and 41,585 deaths, according to the Ministry of Health.

Maharashtra with 1,46,268 active cases and 3,05,521 cured and discharged patients continues to be the worst affected. The state has also reported 16,476 deaths due to the infection.

Tamil Nadu has 54,184 active cases while 2,14,815 patients have been discharged after treatment in the state. 4,461 deaths have been reported due to COVID-19 in the state.

Andhra Pradesh with 80,426 active cases is the third on the list. There are 1,04,354 cured and discharged patients and 1,681 deaths reported from the state.

Delhi now has 10,072 active cases and 1,26,116 cured and discharged patients. 4,044 people have lost their lives due to the disease in the Union Territory so far. 

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News Network
January 7,2020

Jan 7: A Delhi Court today issued death warrant against four convicts in the 2012 Nirbhaya gang-rape and murder case. The hanging will take place on January 22 at 7 am.

During the hearing, the prosecution said there was no application pending before any court or the President right now by any of the convicts and the review petition of all the convicts was dismissed by the Supreme Court.

On Monday, the court had reserved order on issuing of death warrants against four death row convicts.

Today's order comes days after mother of the victim in the 2012 Delhi gang-rape and murder case moved the Supreme Court on opposing the plea filed by one of the four death-row convicts seeking review of its 2017 judgement awarding him death penalty.

The apex court had on July 9 last year dismissed the review pleas filed by the other three convicts — Mukesh (30), Pawan Gupta (23) and Vinay Sharma (24) — in the case, saying no grounds have been made out by them for review of the 2017 verdict.

The 23-year-old girl was gangraped and murdered by six men on a moving bus on 16 December 2012. The main accused, Ram Singh, allegedly committed suicide in Tihar Jail during the trial. Another accused was a minor at the time of the commission of the crime and was sent to a reform facility and released after three years.

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