Tag: clarifies

  • After row, Sharad Pawar ‘clarifies’ on JPC probe remarks, bats for SC panel

    After row, Sharad Pawar ‘clarifies’ on JPC probe remarks, bats for SC panel

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    Mumbai: A day after his sensational remarks expressing doubts over a Joint Parliamentary Committee (JPC) probe into the Hindenburg Research report against the Adani Group, Nationalist Congress Party (NCP) President Sharad Pawar on Saturday claimed that he was in favour of a Supreme Court-monitored investigation.

    The senior leader also frowned at the manner in which the names of industrialists like Ambani-Adani were being tossed around to target the BJP government at the Centre instead of bigger issues like inflation, unemployment and farmers.

    Clarifying his stance after the ruckus following his comments to a TV channel on Friday, Pawar said he was not opposed to the JPC probe, but if the Committee comprises 21 members, then 15 would be from the ruling side and the remaining six from the Opposition side.

    MS Education Academy

    In view of the imbalance, coupled with the government’s majority in both Houses of Parliament, the NCP supremo opined that the JPC report would only “endorse the government’s stand on the Adani issue”.

    “I feel that instead of a JPC, a Supreme Court-appointed commission is more reliable and independent,” said Pawar, adding that he had no knowledge of the Rs 20,000 crore raised by Congress leader Rahul Gandhi.

    He also attempted to delink the question of a united Opposition front vis-a-vis the demand for a JPC and said the two are not connected though his utterances sent shockwaves among the Opposition circles.

    “I don’t think the demand for JPC has anything to do with Opposition unity. We have also made the same plea but it would be commanded by the ruling party, so I spoke about a SC-named panel,” declared Pawar.

    Shiv Sena (UBT) MP Sanjay Raut said in Mumbai that “there’s nothing new in what Pawar has said”, and his statement would have no impact on the Maha Vikas Aghadi alliance in the state as speculated in some sections of the media.

    The Congress has yet to respond in the matter after Pawar’s interview to a news channel questioning the demand for a JPC probe, the credence to be given to a report by a foreign institution.

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    ( With inputs from www.siasat.com )

  • Khanna’s pass clarifies California Senate race — and his political future

    Khanna’s pass clarifies California Senate race — and his political future

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    190212 ro khanna ap 773

    Beyond the timing, simple math would have posed a challenge. Porter, Lee and Schiff are all vying for the same finite pool of Democratic and independent votes as they jostle to make it out of the primary. Two Democrats could advance under California’s primary system, which allows the top two vote-getters to move on to the general.

    Progressives are already wary of Lee and Porter dividing the left-leaning vote in a way that locks both Congressional Progressive Caucus members out of the top two, allowing the more-centrist Schiff to advance and face a likely-doomed Republican in the general (the GOP has not yet fielded a candidate).

    Khanna could have further fractured the progressive vote given his standing among California’s substantial bloc of Sen. Bernie Sanders supporters. Khanna co-chaired Sanders’ 2020 presidential campaign and said on Sunday that he had heard “enthusiasm from Bernie folks.”

    “If Khanna had gotten in the race, progressives risked splitting the vote three ways and giving Schiff a boost,” said Rose Kapolczynski, a Democratic consultant who worked for former Sen. Barbara Boxer. “While Schiff is a progressive by most measures, progressive activists have been backing Porter or Lee.”

    Now, some of that Sanders support could flow toward Lee, whom Khanna endorsed as he bowed out. Lee’s camp is counting on an energized progressive base vaulting the East Bay fixture into the top two.

    “We need a strong anti-war senator, and she will play that role,” Khanna said Sunday morning on CNN’s “State of the Union.”

    Khanna’s deep Silicon Valley ties could make him a conduit to powerful donors and help Lee make up a steep cash-on-hand deficit compared to Schiff and Porter, both of whom are prolific fundraisers.

    “Congressman Khanna’s endorsement is a much-needed boost in these early days of the race, but Rep. Lee still has a steep climb ahead,” consultant Anna Bahr, who worked for Sanders’ 2020 California campaign, said in a text message. “It won’t be easy to get on level footing with the front-runners in the race.”

    Few doubt Khanna’s ambition. He primaried another Democrat to win his spot in Congress. He has become a television fixture who touts a progressive agenda while seeking to export Silicon Valley’s economic might to other parts of the country, making a case for forging inroads beyond coastal blue bastions. He is a stalwart Sanders supporter who is comfortable hobnobbing with deep-pocketed tech libertarians.

    This marks the second time Khanna flirted with a Senate run but decided against it; he also chose not to challenge Sen. Alex Padilla when the recently appointed senator was running for a full term. Khanna said on Sunday he was bowing out of contention in part because “the most exciting place to advance bold and progressive policy right now is in the House.”

    He will remain there rather than forfeiting a spot in Congress for a long-shot Senate bid. But that doesn’t mean Khanna intends to stay in the House forever. Some Sanders backers sought to draft Khanna to run in 2024 should President Joe Biden not seek a second term.

    While Khanna has steadfastly supported Biden, he is widely seen as a future presidential contender. That prospect would diminish if he were to give up his House seat for a Senate run and fall short, depriving himself of a platform for policymaking, public visibility, and fundraising.

    “If Ro Khanna goes all-out for Barbara Lee and she makes it into the runoff, that could be a big proof point for him as he pursues other things,” Kapolczynski said. “That he helped elected the only Black woman in the Senate is a pretty good talking point if you have national ambitions.”

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    ( With inputs from : www.politico.com )

  • Rajasthan CM Gehlot clarifies on reading previous year budget, says “last year promises not fulfilled yet hence reading th

    Rajasthan CM Gehlot clarifies on reading previous year budget, says “last year promises not fulfilled yet hence reading th

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    Rajasthan Budget 2023: CM Ashok Gehlot reads old budget for 7 minutes inside AssemblyRajasthan Budget 2023: Rajasthan Chief Minister Ashok Gehlot on Friday accidentally read the old Budget speech on the floor of the Assembly for about 7 minutes. He stopped only after being interrupted.

     

    The chief whip later stopped Gehlot from reading further and the House was adjourned for 30 minutes. When the session resumed, CM Ashok Gehlot clarified on why he was reading the previous year budget. CM Gehlot said that his party couldn’t fulfil last year budget promises and hence he read the previous year budget again.

     

    One of the senior BJP Rajasthan leaders said that nobody pays attention to what CM Gehlot says because they can’t understand what he says and even if they do, congress is not going to fulfil those promises anyway. “So what’s the point” he added.

     

    Minister close to CM Ashok Gehlot said that Gehlot believes that the budget case was swapped by Sachin Pilot to make Gehlot look fool and place himself a taller leader in Congress than Gehlot.

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    [ Disclaimer: With inputs from The Fauxy, an entertainment portal. The content is purely for entertainment purpose and readers are advised not to confuse the articles as genuine and true, these Articles are Fictitious meant only for entertainment purposes. ]

  • Axis Bank clarifies it remains comfortable with exposure to Adani Group

    Axis Bank clarifies it remains comfortable with exposure to Adani Group

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    Mumbai: Axis Bank on Saturday clarified that the lender remains comfortable with its exposure to the Adani Group.
    In a statement shared with exchanges, the lender wrote, “We extend credit, basis comfort on cash flow, security, and repayment capability of obligors as per the Bank’s credit assessment framework. We remain comfortable with our exposure to Adani Group basis the same.”

    The lender also said its exposure to Adani Group is primarily to the operating companies in the ports, transmission, power, gas distribution, roads, airports, etc. It also added that the non-fund-based facilities are primarily in the form of letters of credit and performance bank guarantees that are majorly short tenor.

    In addition, the lender said the bank’s fund based and non-fund based outstanding towards the Group’s joint ventures is at 0.02 percent and 0.25 percent, respectively of the Bank’s net advances.

    Further, the lender said, “We (the bank) would like to highlight that the Bank has a resilient balance sheet with standard asset coverage of 1.53 percent as of December 31, 2022.”

    An obligor, also known as a debtor, is a person or entity who is legally or contractually obliged to provide a benefit or payment to another.

    The Gautam Adani-led group’s assets had been declining since last week after Hindenburg Research came out with a damaging report on the various activities of the conglomerate.

    In another development, S&P Dow Jones Indices said Adani Enterprises will be removed from the Dow Jones Sustainability Indices due to recent allegations of stock manipulation and accounting fraud that were leveled against the conglomerate.

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    ( With inputs from www.siasat.com )

  • UP: Moradabad college clarifies hijab students can enter but burkhas not allowed

    UP: Moradabad college clarifies hijab students can enter but burkhas not allowed

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    Moradabad: Reports of Hindu College in Moradabad Uttar Pradesh reportedly denying entry to students wearing burkha and hijab emerged on Thursday. However, the college authorities clarified that the ban is on burkha alone, and hijabs are allowed.

    On January 1, the college sanctioned a new dress code – a uniform of grey and white. As such, burkha-clad students were stopped at the entrance following which a protest ensued.

    The Quint, in its recent article, spoke to the chief proctor of the Hindu college who made it clear that the college is not discriminating against anyone on the basis of religion. The officer said burkha-clad students can change into their uniforms in the changing room provided inside the gate.

    “It provides the students with the safety and privacy to take off their burqa and go to their classes. They can keep their hijab on in class. There is no restriction on the hijab in the classrooms,” as quoted by The Quint.

    According to the Moradabad district leader of the Samajwadi Chatra Sabha Aslam Chaudhry the students are reportedly fine with the college’s changing room decision.

    “Students were being stopped at the gate just because of their clothing. We had a problem with that and so took it up with the college authorities. They agreed to allow students with hijab to enter the classes, and said that they have to take off their burqa in the changing room inside the college. The students seem to be fine with that so we have no issues either,” he was quoted by The Quint.

    For some students, the process is cumbersome and disrespectful.

    “I came to fill my forms a few days ago but was asked to take off my burqa outside the gate. It was very humiliating to take off my burqa at the gate like this, even with the uniform underneath,” one of the students said.  

    The Hindu college was established in 1911 as a middle school and was subsequently converted into an intermediate college and then a post-graduate college in 1950. A high percentage of Muslim students study here.

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    ( With inputs from www.siasat.com )