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You are here: Home / Archives for 2021

Archives for 2021

Senior Congress leader Nasser Hussain MP(RS) Counters Tejasvi Surya Remarks Against BBMP Officials Subscribe to our you tube channel nasheman news

May 6, 2021 by Nasheman

Filed Under: bangalore, India

‘Accountability should be fixed’: Congress leader Priyanka Gandhi slams UP govt over ‘deaths due to lack of oxygen’

May 5, 2021 by Nasheman

In an apparent reference to the observation by the court, Priyanka Gandhi said the high court has shown the mirror to the government.

Congress general secretary Priyanka Gandhi

NEW DELHI: A day after the Allahabad High Court observed that the death of COVID-19 patients due to non supply of oxygen to hospitals is a criminal act, Congress leader Priyanka Gandhi Vadra on Wednesday said the Uttar Pradesh government has continuously denied the lack of oxygen when the truth is that there have been many deaths due to it for which accountability should be fixed.

In stern remarks, the Allahabad High Court on Tuesday observed that the death of COVID-19 patients just for non-supply of oxygen to hospitals is a criminal act, “not less than a genocide” by authorities entrusted the task to ensure the oxygen supply chain is maintained.

In an apparent reference to the observation by the court, Priyanka Gandhi said the high court has shown the mirror to the government.

“The UP government has continuously denied the lack of oxygen. It has been threatening those flagging the lack of oxygen,” the Congress general secretary said in a Facebook post in Hindi.

“While the truth is that continuously there have been deaths due to lack of oxygen and its accountability should be fixed,” she said.

The observation by the court came over some news items doing the rounds on social media regarding the death of COVID-19 patients due to lack of oxygen in Lucknow and Meerut districts.

The court also ordered a probe into the incidents.

Filed Under: India, News & Politics

Nadda vows to ‘save’ people of Bengal from chain of political violence

May 5, 2021 by Nasheman

BJP president JP Nadda

KOLKATA: BJP president J P Nadda on Wednesday took a symbolic oath here to protect democracy and “save the people of West Bengal from the cycle of political violence”.

“I will be visiting districts such as North 24 Parganas to be on the side of our members who were at the receiving end of this brutality. We want to tell the entire country about this,” Nadda said at a programme organised by the saffron camp at its Hastings office here.

The BJP has claimed that at least six of its workers and supporters, including a woman, were killed in attacks allegedly perpetrated by the TMC following its victory in the assembly elections.

“We will continue to serve the help the people of Bengal and help them realise their dreams. We will strive to break this chain of political violence,” he said at the programme, which was attended by state BJP chief Dilip Ghosh among others.

Filed Under: India, News & Politics

RBI rolls out slew of measures to help tackle covid situation; launches second round of loan restructuring

May 5, 2021 by Nasheman

In an unscheduled meeting, the Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday announced a slew of measures to help businesses, vulnerable borrowers and the financial services industry tide over for the impact of the new surge in Covid-19 cases. 

The special Rs 50,000 crore term liquidity facility for banks to create a Covid loan book will be three years tenor and available at the repo rate. This facility will be available to Banks up to March 31, 2022. 

Banks’ creating Covid loan book by lending to entities such as vaccine manufacturers, importers of life-saving equipment, hospitals and clinics will be incentivised by giving such lending the priority sector lending (PSL) tag.

Further, they will also be allowed to park an amount equivalent to the amount deployed in the aforementioned activities in the reverse repo window and earn 40 basis points higher interest rate than the current reverse repo rate of 3.35 per cent.

Small Finance Banks can tap a special Rs 10,000 crore long-term repo operation of three years tenor to on-lend to MSE up to Rs 10 lakh per MSE. This facility will be available up to October 31, 2021.

Further, SFBs loans to micro-finance institutions (with asset size of up to Rs 500 crroe) will be recognised as priority sector lending. This move is aimed at enhancing the flow of credit to MFIs.

RBI has brought in a resolution framework 2.0 for vulnerable borrowers — individuals, small businesses and MSMEs. Borrowers with exposure up to Rs 25 crore who didn’t avail earlier facilities and where loans are standard as on March 31, 2021 will be eligible for restructuring in the second round, Das said. The restructuring under the proposed framework can be invoked up to September 30, 2021 and banks have to implement it within 90 days of invocation.

Lenders can review the working capital limits of small businesses and MSMEs as a one-time measure. Those who availed earlier window of restructuring can be given additional two years of moratorium, he said.

In order to incentivise new credit flow to the micro, small, and medium enterprise (MSME) borrowers, Banks will be allowed to deduct credit disbursed to ‘New MSME borrowers’ from their net demand and time liabilities (NDTL) for calculation of cash reserve ratio (CRR) up to December 31, 2021. This exemption will be available for exposures up to Rs 25 lakh per borrower.

The governor also announced that the second purchase of government securities through its new secondary market bond acquisition program will be conducted on May 20 for a total amount of Rs 35,000 crore. On the impact of the second covid wave, Das said that while lead indicators suggested that the damage to businesses was minimal, it would continue to monitor the on-ground developments.

Filed Under: Business & Technology, India

Punjab AAP MLA Harpal Cheema tests positive for coronavirus

May 5, 2021 by Nasheman

CHANDIGARH: Aam Aadmi Party legislator and Leader of Opposition in the Punjab Assembly, Harpal Singh Cheema, on Wednesday said he has tested positive for COVID-19.

“I have tested +ve for Covid-19 with mild symptoms. Following instructions of my doctor while undergoing home isolation. All those who have come in close proximity to me over last few days are requested to kindly get tested,” he said in a tweet.

Punjab Chief Minister Amarinder Singh wished the Dirba legislator a speedy recovery.

Filed Under: HEALTH, India

‘Criminal act, not less than genocide Allahabad HC on COVID deaths due to non supply of oxygen

May 5, 2021 by Nasheman

ALLAHABAD: The death of COVID-19 patients due to non supplying of oxygen is a “criminal act and not less than a “genocide”, said that the Allahabad High Court on Tuesday amid reports of shortage of medical oxygen due to rise in COVID-19 infections.

The High Court observed that stories of hoarding of oxygen cylinders and harassment meted out to those poor citizens who were begging for an oxygen cylinder to save the life of their near and dear ones, both at the end of district administration and police administration are being viralled in social media.

“The news was also viralled that five patients had died in ICU of a new trauma centre of Medical College, Meerut on Sunday last. Similarly, news were also being viralled that one Sun Hospital, Gomti Nagar, Lucknow and another private hospital at Meerut had taken their hands off the admitted Covid patients only for the reason that oxygen supply was not made even after demand. We find these news items showing a quite contrary picture to one claimed by the Government that there was sufficient supply of oxygen,” it pointed out.

The High Court further said that the current state of affairs about the management of an online portal created by the Government today casts a shadow upon COVID-19 Hospital Management.

As per the union health minister, there are currently 2,85,832 active cases in Uttar Pradesh. A total of 10,43,134 recoveries and 13,447 deaths have been reported in the state so far. 

Filed Under: India

CSK batting coach Michael Hussey tests positive for Covid-19 sample sent for retest

May 5, 2021 by Nasheman

This was confirmed by Indian Premier League sources hours after the 14th edition of the lucrative T20 league was indefinitely suspended due to a COVID-19 outbreak in its bio-bubble.

Former Australian batter

NEW DELHI: Chennai Super Kings batting coach Michael Hussey on Tuesday tested positive for COVID-19, a day after the IPL team’s bowling coach L Balaji returned positive for the dreaded virus.

Hussey’s test reports came on Tuesday.

“Hussey was tested and his sample came positive. We sent it for retesting but that has also come positive,” an IPL source told PTI.

On Monday, CSK bowling coach Balaji along with Kolkata Knight Riders bowlers Sandeep Warrier and Varun Chakravarthy had also returned positive results.

The spread of infections had led to postponement of two IPL games earlier.

The suspension of the league was announced after Sunrisers Hyderabad’s wicketkeeper-batsman Wriddhiman Saha tested positive for COVID-19 along with Delhi Capitals’ veteran spinner Amit Mishra.

Filed Under: India, Sports

Muslim youths help cremate 60-year-old Hindu man who died of COVID-19

May 5, 2021 by Nasheman

Mukund Mohan Pandey (60) died on Monday but his family members were hesitating on his cremation as his elder brother, Lalit Pandey, too succumbed to the virus on April 30, local people said.BALRAMPUR: A group of Muslim youth helped cremate a 60-year-old Hindu man, who died of COVID-19 here, as his family members were hesitant to go ahead with the ritual for fear of contracting the disease.

Nagar Palika chairman Shaban Ali said when he came to know about this, he had some of his friends, Tariq, Anas, Guddu and Shafiq, make all the arrangements and take the body to the cremation ground.

After the arrangements were made, Pandey’s son consigned him to flames, Ali added.

Filed Under: India, News & Politics

India’s services sector activities eased to 3-month low in April amid COVID crisis

May 5, 2021 by Nasheman

India’s services sector activities eased to a three-month low in April, as the rise in business activity was constrained by the pandemic and sentiment towards growth prospects faded, a monthly survey said on Wednesday.

“The PMI results for April showed a more resilient economic performance for the service sector than expected given the escalation of the COVID-19 crisis in India,” said Pollyanna De Lima, Economics Associate Director at IHS Markit.

Lima further noted that firms foresee higher output volumes over the course of the coming year, but business sentiment was dampened by worries surrounding the pandemic.

As per the survey, Indian services firms were optimistic regarding the 12-month outlook for business activity, but the overall level of positive sentiment fell to the lowest since last October.

The escalation of the pandemic was the main drag on confidence. On the prices front, service providers noted the steepest rise in overall expenses since December 2011.

Some firms lifted their selling prices in April amid the pass through of rising cost burdens to clients, but 98 per cent of companies left fees unchanged due to efforts to secure new work and remain competitive.

“One area of concern was inflation. Services firms noted the steepest rise in overall expenses in over nine years as global shortages of inputs and higher transportation costs continued to exert upward pressure on outlays,” Lima said.

On the jobs front, payroll numbers fell for the fifth month in a row in April, albeit at a slight pace that was the weakest since January.

The vast majority of panelists kept headcounts unchanged amid reports of sufficient capacity to cope with current workloads, the survey said.

Moreover, travel restrictions and the COVID-19 crisis continued to curb international demand for Indian services.

New export orders declined for the 14th month running and at a quicker pace than registered in March, the survey said. Meanwhile, growth of Indian private sector activity eased to the weakest in 2021 so far.

The Composite PMI Output Index, which measures combined services and manufacturing output, fell from 56.0 in March to 55.4 due to slower increases at goods producers and service providers.

“The upturn was generally curtailed by the escalation of the COVID-19 crisis,” the survey said. Meanwhile, Governor Shaktikanta Das said that RBI will continue to monitor the situation from the resurgence of COVID-19 cases and will deploy all resources.

“We have to marshal our resources for fighting the virus with vigour,” he said. The governor also announced Rs 50,000 crore priority lending by banks for hospitals and oxygen suppliers, among others by March 31, 2022.

Filed Under: India, News & Politics

New Zealand PM Jacinda Ardern plans to marry over the summer

May 5, 2021 by Nasheman

WELLINGTON: New Zealand Prime Minister Jacinda Ardern plans to marry her longtime partner during the southern summer.

In an interview Wednesday on the Coast radio breakfast show, Ardern said she and Clarke Gayford have finally set a date for their wedding after announcing they were engaged two years ago.

But Ardern wouldn’t be drawn on the exact day other than to say it would be during the Southern Hemisphere summer, which runs from December through February.

“When I say we’ve got a date, that doesn’t mean we’ve actually told anyone yet,” Ardern said on the show.

“So, I feel like we should probably put some invites out.”

Ardern and Gayford have a 2-year-old daughter, Neve. Ardern in 2018 became just the second elected world leader in modern history to give birth while holding office.

Gayford is Neve’s primary caregiver and a presenter on a TV fishing show.

Ardern was asked on the show if she was going to be modern and have a bridesman at her wedding rather than the more traditional bridesmaid.

“I feel a bit too old to have a bridal party,” said Ardern, who is 40.

“I don’t know if it’s just me, but for some reason I just feel like there are some things that, because I’m getting on a bit, I just need to forego.”

Ardern had previously joked about the awkwardness of Gayford’s proposal atop a hill in the coastal town of Mahia.

What was supposed to be a romantic moment was gate-crashed by a police protection officer, some locals, and a couple of dogs that tried to eat the chocolate Gayford had brought with him, she said at the time.

The Coast radio interview offered a chance for some lighter and more personal discussion than Ardern’s typical political interviews.

The hosts also asked if Ardern had plans for Mother’s Day on Sunday.

“I know of none, except for the fact that I said something to Clarke about it yesterday, and there was a long pause. He said, When is it?’,” Ardern said.

“And so, I’m not expecting much.”

Filed Under: News and politics, World

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