Monday, 23 January 2017

Jallikattu protests ease across Tamil Nadu, uneasy calm at Chennai's Marina Beach

CHENNAI: Calm returned to the Marina Beach and other protest venues across Tamil Nadu on Monday evening after a week-long intense pro-jallikattu agitation+ was brought under 'enforced control' by the state police.

In Chennai, riots marred the image of the student-backed demonstrations. "Vested interest groups" escalated the situation by pelting stones and hurling petrol bombs at the riot control police.

The scene at the Marina resembled that of a curfew zone with the roads leading to the protest venue blocked off by the police from all sides. The police lathicharged with vengeance whenever they ran into a rioter.

Miscreants set fire to the Ice House police station while many vehicles were burnt to ashes in the ensuing violence. As many as 140 policemen were hurt in the riots with at least 100 rioters also being injured.

Protesters clashed with police at Parthasarathy Temple arch near Marina. They set tyres on fire and threw them at the police. They threw petrol bombs too. A car was set on fire. Police used teargas to disperse the protesters.


Sunday, 22 January 2017

Parliamentary panel summons RBI governor Urjit Patel on demonetisation move

MUMBAI/NEW DELHI: A parliamentary committee probing the government's decision to scrap high-value bank notes+ , has sent Reserve Bank of India governor Urijit Patel a list of questions on the demonetisation process, and has asked him to appear before it on January 20.

The Public Accounts Committee (PAC) has asked Patel to explain how the decision for demonetisation was taken, and for details on its impact on the country's economy, PAC Chairman and senior Congress member K V Thomas told Reuters.
The PAC has asked Patel to provide details on the value of currency that has been returned to the bank, the quantity of "black money" it has received and the amount of new currency released so far, Thomas said.

"We had decided to call the RBI governor sometime in December but because the Prime Minister had asked for 50 days, we decided to postpone it to sometime January," Thomas told Reuters. "We did not want to give it a political colour."
The PAC has also called other finance ministry officials, including Revenue Secretary Hasmukh Adhia and Finance Secretary Ashok Lavasa, Thomas said.

Urijit Patel is under fire+ from some politicians over shortages of replacement currency and restrictions on depositing old notes that have caused long queues at banks and ATMs. He's already set to testify before another parliamentary committee.

Pressure on the central bank and Patel has grown since Prime Minister Narendra Modi stunned the country on November 8 by announcing the withdrawal of legal tender for the old 500- and 1,000-rupee notes, removing 86 percent of the currency in circulation in a bid to crack down on the "shadow economy".


Friday, 20 January 2017

Brexit trade deal with India ‘at risk’ without visa reform

One of Britain's most important post-Brexit trade partnerships+ could be at risk due to Theresa May's refusal to reform visa restrictions for Indian citizens. The British Prime Minister has insisted leaving the EU would allow Britain to find other partners abroad and India, the world's fastest growing major economy, was the first country she visited, accompanied by a large business delegation, outside Europe after the referendum.

But as the offensive to secure a trade deal continued yesterday, senior diplomats and Indian government officials warned May's refusal to reform visa restrictions+ could scupper her hopes. Boris Johnson has flown in to Delhi+ to meet members of the government, business leaders and, he hopes, Prime Minister Narendra Modi. Johnson is due to explain the UK's position on Brexit and stress how leaving the EU offers further commercial and industrial opportunities for the two countries.

"I think the time is fast upon us when we need to turbo charge this relationship with a new free trade deal, such as we will shortly be able to do," Johnson said. "We can't negotiate it now, but we can sketch it out in pencil on the back of an envelope. This is not the time to put up barriers between our countries. This is time to break down barriers that will in the long term to create the jobs, the good jobs with good incomes that offer real hope and comfort... Let us work together, Britain and India are united by our values and in many ways by our approaches to the problems of the world and it is working together to improve our security that we will allow the freedom and the openness that will drive our long term prosperity."


Wednesday, 18 January 2017

Gov. Cuomo to meet with President-elect Donald Trump for talk on potential repeal of Obamacare, infrastructure

ALBANY - Gov. Cuomo, who has declared New York a safe haven against Donald Trump's policies, will meet with the President-elect on Wednesday at Trump Tower.

“I know the President-elect, I’ve spoken to him before,” Cuomo said Tuesday night. “I’ve known him in various capacities before.”

Cuomo, a Democrat, had a brief phone conversation with Trump that focused largely on infrastructure needs the day after the Republican businessman won the election in November.

The scheduled meeting for Wednesday, first reported by the New York Times and confirmed by the Daily News, will be the first face-to-face sit-down between the two since the election.

The conversation is expected to touch on the potential repeal of Obamacare, infrastructure and other issues important to New York.

“There are a number of issues that are highly impactful to New York,” Cuomo said. “He knows New York. I think it would be helpful to him to have a discussion about … the practical reality of what these issues mean.”


Friday, 6 January 2017

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Thursday, 5 January 2017

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