Tag: Ladakh News

  • Hyderabad: ASEEM protest for implementation of wealth tax

    Hyderabad: ASEEM protest for implementation of wealth tax

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    Hyderabad: Members of the Association for Socio-economic Empowerment of the Marginalised (ASEEM) held a protest in Charminar on Sunday demanding the rich be taxed according to their wealth status in order to strip down wealth inequality.

    As per reports, India is currently the home to the largest number of poor in the world. ASEEM said that the wealth and income disparity can potentially impact future growth and development.

    S Q Masood from the civil society organisation spoke to Siasat.com, saying, “We need to understand that wealth tax is an important redistributive policy. We demand that governments all over the world should take steps to address the growing wealth inequality. We demand that the rich be taxed as per their income status, in other words, integrate the wealth tax policy into a larger fiscal policy framework.”

    Masoor added that it is the corporate sector’s responsibility to work with governments in creating an equal and stable society for a stronger economy.

    According to a report, there has been an enormous concentration of wealth and income in a few hands, more so at the time of recent COVID-19 pandemic. “Every counter in South Asia has a level of disposable income inequality high enough for it to be reducing per capita GDP growth by between 1% and 4%,” the report said.

    India has the highest income inequality.

    One of the main reasons for income inequality is disproportionate profiting, a highly regressive tax system, and a huge budget deficit.

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    #Hyderabad #ASEEM #protest #implementation #wealth #tax

    ( With inputs from www.siasat.com )

  • Hyderabad: Civil society groups protest for implementation of wealth tax

    Hyderabad: Civil society groups protest for implementation of wealth tax

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    Hyderabad: Members of the Association for Socio-economic Empowerment of the Marginalised (ASEEM) held a protest in Charminar on Sunday demanding the rich be taxed according to their wealth status in order to strip down wealth inequality.

    As per reports, India is currently the home to the largest number of poor in the world. ASEEM said that the wealth and income disparity can potentially impact future growth and development.

    S Q Masood from the civil society organisation spoke to Siasat.com, saying, “We need to understand that wealth tax is an important redistributive policy. We demand that governments all over the world should take steps to address the growing wealth inequality. We demand that the rich be taxed as per their income status, in other words, integrate the wealth tax policy into a larger fiscal policy framework.”

    Masoor added that it is the corporate sector’s responsibility to work with governments in creating an equal and stable society for a stronger economy.

    According to a report, there has been an enormous concentration of wealth and income in a few hands, more so at the time of recent COVID-19 pandemic. “Every counter in South Asia has a level of disposable income inequality high enough for it to be reducing per capita GDP growth by between 1% and 4%,” the report said.

    India has the highest income inequality.

    One of the main reasons for income inequality is disproportionate profiting, a highly regressive tax system, and a huge budget deficit.

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    #Hyderabad #Civil #society #groups #protest #implementation #wealth #tax

    ( With inputs from www.siasat.com )

  • CJI Chandrachud’s pitch for making SC judgments available in regional languages laudatory: PM Modi

    CJI Chandrachud’s pitch for making SC judgments available in regional languages laudatory: PM Modi

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    New Delhi: Prime Minister Narendra Modi on Sunday lauded Chief Justice of India (CJI) DY Chandrachud’s emphasis on making Supreme Court judgments available in regional languages.

    “At a recent function, the Hon’ble CJI Justice DY Chandrachud spoke of the need to work towards making SC judgments available in regional languages. He also suggested the use of technology for it. This is a laudatory thought, which will help many people, particularly youngsters,” Modi wrote on Twitter and shared on the site the relevant clip of the CJI’s speech delivered at an event organised by the Bar Council of Maharashtra and Goa in Mumbai.

    The prime minister has in the past often pitched for making judicial verdicts more accessible to the common man by making those available in regional languages.

    “India has several languages, which add to our cultural vibrancy. The central government is undertaking numerous efforts to encourage Indian languages including giving the option of studying subjects like engineering and medicine in one’s Matru Bhasha (mother tongue),” Modi said in another tweet.

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    #CJI #Chandrachuds #pitch #making #judgments #regional #languages #laudatory #Modi

    ( With inputs from www.siasat.com )

  • Wrestler ‘The Great Khali’ visits RSS HQ, pays tribute to Hedgewar, Golwalkar

    Wrestler ‘The Great Khali’ visits RSS HQ, pays tribute to Hedgewar, Golwalkar

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    Nagpur: International professional wrestler Dalip Singh, who took the ring name ‘The Great Khali’ in the popular WWE games, on Sunday visited Dr Hedgewar Smruti Mandir in Reshimbagh, the headquarters of the Rashtriya Sawayamsevak Sangh, in Nagpur in Maharashtra.
    T
    he RSS’ publicity wing, the Vishva Samvad Kendra, shared the information on its Facebook page.

    “The wrestler visited the memorial of late RSS chief Dr Keshav Baliram Hedgewar and MS Golwalkar and paid tributes to them,” it said.

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    #Wrestler #Great #Khali #visits #RSS #pays #tribute #Hedgewar #Golwalkar

    ( With inputs from www.siasat.com )

  • Debt per Indian increased by 2.53 times in 9 years of Modi govt: Congress

    Debt per Indian increased by 2.53 times in 9 years of Modi govt: Congress

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    New Delhi: The Congress alleged on Sunday that debt, unemployment and inequality have risen in the country under the Narendra Modi government and the debt on every Indian has increased by 2.53 times in the last nine years.

    Congress spokesperson Gourav Vallabh said the astronomical increase in the government’s debt due to “Modinomics” has crushed the common people as the debt per Indian has increased from Rs 43,124 to Rs 1,09,373 since 2014.

    Former Congress president Rahul Gandhi alleged that the “friends” of Prime Minister Modi kept “picking pockets” as the media diverted public attention.

    “How did the wealth of the prime minister’s ‘favourite friend’ increase by eight times during the pandemic? How did the wealth of the prime minister’s ‘favourite friend’ increase by 46 per cent in one year? “The media kept diverting the attention of the public, while the ‘friends’ of the prime minister kept picking pockets. The earnings of the poor were stolen by ‘friends’,” Gandhi said in a tweet in Hindi.

    Vallabh alleged that the economy has witnessed a K-shaped recovery under the BJP-led regime and asked why the debt per Indian saw a 2.53-time jump in the last nine years.

    “From 1947 till March 31, 2014, the total debt of the Indian government increased to Rs 55.87 lakh crore. Why, in the last nine years, it grew to Rs 155.31 lakh crore, a jump of 2.77 times? “Why is the money borrowed just helping in a K-shaped recovery, with 50 per cent of the population owning three per cent of the country’s total wealth and ending up paying 64 per cent of the GST collected?” he asked at a press conference here.

    “The Modi government is burying our future generations in debt. The debt per Indian increased from Rs 43,124 to Rs 1,09,373 in the last nine years. The debt per Indian has become 2.53 times higher than what it was in 2014, in the last nine years of the Modi government,” Vallabh alleged.

    He said in absolute terms, the debt per Indian has increased by Rs 66,249 in the last nine years.

    According to the International Monetary Fund (IMF), for 2022, India’s debt to GDP was 83 per cent, far above other emerging markets and developing economies that have an average debt of 64.5 per cent, the Congress leader said.

    He cited figures of the outstanding internal and external debt and other liabilities of the Indian government.

    Vallabh said according to the Oxfam report, the wealthiest five per cent in India own more than 60 per cent of the country’s wealth, while the bottom half of the population (50 per cent) together share just three per cent of the wealth.

    On the other side, 64 per cent of the Rs 14.83 lakh crore collected in Goods and Services Tax (GST) came from the bottom 50 per cent of the population, with only three per cent of the amount coming from the top 10 per cent.

    “The above borrowing is just helping in a K-shaped recovery, with some sectors doing well but not others. The (COVID-19) pandemic hit the middle-and-low-income groups and small and medium industries harder. As a result, the growth in consumption (Private Final Consumption Expenditure or PFCE) fell from 25.9 per cent in the first quarter (Q1) of financial year 2022-23 to 9.7 per cent in the second quarter (Q2).

    To a question on the government blocking access to a BBC documentary on the 2002 Godhra riots, Vallabh said, “There is a scheme of the government of India called ‘Block in India’, like ‘Make in India’, ‘Startup India’. The government does not want difficult questions to be asked. If the BBC headquarters were in Delhi, the ED (Enforcement Directorate) might have been at their doorsteps by now.”

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    #Debt #Indian #increased #times #years #Modi #govt #Congress

    ( With inputs from www.siasat.com )

  • ChatGPT to improve itself listening to Bageshwar Dham Sarkar

    ChatGPT to improve itself listening to Bageshwar Dham Sarkar

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    Bageshwar Dham Sarkar alias Dhirendra Krishna Shastri has grabbed headlines off late after a Nagpur based anti-superstition organisation challenged his so-called miraculous power. Dhirendra Krishna Shastri, who is based in Chhatarpur region of Bundelkhand in Madhya Pradesh, is famous for rightly predicting people’s future and telling their problem without knowing much about it.

     

    While there are allegations that Bageshwar Dham Sarkar uses people’s social media posts to predict future, the west is looking at it as an opportunity. Reportedly, the new version of ChatGPT, chatbot launched by OpenAI, will incorporate the methodology used by Bageshwar Dham Sarkar.

     

    Bageshwar Dham Sarkar doesn’t have any patent or copyright on his methedology neither it’s in open for all, hence, ChatGPT will analyse the method and adopt the same in its latest version. ChatGPT’s newer version will ask for social media data and usage of its users to rightly predict about them. Details on this is awaited.

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    #ChatGPT #improve #listening #Bageshwar #Dham #Sarkar

    [ 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. ]

  • After India, China gives financing assurances to Sri Lanka for IMF bailout package

    After India, China gives financing assurances to Sri Lanka for IMF bailout package

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    Colombo: China has given debt-ridden Sri Lanka the financing assurances required by the IMF to unlock a USD 2.9 billion bailout package for the country, days after India strongly backed the island nation’s efforts to secure the loan from the global lender to recover from its worst-ever economic crisis.

    The Sunday Times newspaper reported that China’s Exim Bank delivered a letter on Saturday granting Sri Lanka a two-year moratorium on repayment and agreeing with the International Monetary Fund’s extended fund facility (EFF).

    The report was confirmed by Sri Lankan officials who did not want to be named.

    The Chinese response came close on the heels of India stepping in first to issue the necessary assurances last week.

    India’s ministry of finance last week issued a letter to the IMF to confirm its support to Sri Lanka on the issue of debt restructuring, ahead of the visit by the external affairs minister S Jaishankar to Colombo which concluded on Friday.

    Jaishankar during his visit also announced that India has given the required assurances to Sri Lanka for the bailout package.

    Sri Lankan officials said that China had agreed to a short-term suspension of what Sri Lanka owed and expects Sri Lankan creditors to get together to work out the medium and long-term commitments.

    The IMF in September last year approved Sri Lanka a 2.9 billion dollar bailout package over 4 years pending Sri Lanka’s ability to restructure its debt with creditors — both bilateral and sovereign bond holders.

    By the end of June 2022, Sri Lanka owed nearly USD 40 billion to bilateral, multilateral and commercial loans, according to the figures released by the Treasury.

    Chinese loans amounted to 20 per cent of the total debt owed and 43 per cent of the bilateral loans.

    Sri Lanka in April declared its first-ever debt default in its history as the economic crisis triggered by forex shortages sparked public protests.

    Months-long street protests led to the ouster of the then president Gotabaya Rajapaksa in mid-July. Rajapaksa had started the IMF negotiations after rejecting to tap the global lender for support.

    With assurances from creditors, the 2.9 billion dollar facility could get the IMF board approval in March, officials said.

    Sri Lanka has introduced painful economic measures such as tax hikes and utility rate hikes. Trade unions and opposition groups have organised protests against such measures.

    The IMF bailout has been put on a halt as Sri Lanka pursues talks with creditors to meet the global lender’s condition for the facility to help it get through its worst economic crisis since independence in 1948. Earlier, Sri Lanka completed its debt restructuring talks with Japan.

    The IMF facility would enable the island nation to obtain bridging finance from markets and other lending institutions such as the ADB and the World Bank.

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    #India #China #financing #assurances #Sri #Lanka #IMF #bailout #package

    ( With inputs from www.siasat.com )

  • Shoaib Ibrahim, Dipika Kakar all set to welcome their first child

    Shoaib Ibrahim, Dipika Kakar all set to welcome their first child

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    Mumbai: ‘Sasural Simar Ka’ actor Shoaib Ibrahim and his wife Dipika Kakar have shared with their fans that very soon, they are going to welcome their first child.

    The TV couple met on the sets of their show ‘Sasural Simar Ka’ and got married in February 2018.

    They posted pictures on social media to share the news with their fans.

    While Deepika posted baby shoes in between their footwear, Shoaib shared a picture of both of them in white coloured attire and wearing caps with mom and dad written over it.

    Shoaib wrote in the caption: “Sharing this news with you all with our hearts full of Gratitude, Happiness, Excitement and Also nervousness Humari life ka ye Sabse khoobsurat phase hai…Yessss We are Expecting Our First Child!! Going to Embrace Parenthood Soon #alhamdulillah Aapki dher saari duaon aur pyaar ki zaroorat hai for our little one.”

    On the other hand, Dipika, who is a well-known actress and ‘Bigg Boss 12’ winner, mentioned: “Every Moment will be Cherished when your footsteps will join ours. Yessss We are Expecting Our First Child!! Going to Embrace Parenthood Soon. Aapki dher saari duaon aur pyaar ki zaroorat hai for our little one”After the post, many of their fans and industry friends congratulated them.

    Singer and actress Urvashi Vani wrote: “Omg omg omggggg…many many manyyy Congratulations@ms.dipika and @shoaib 2087 jiju.”

    Gauahar Khan also congratulated them, saying: “Ma sha Alllah.”

    Actress Roshmmi Banik also commented: “Congratulations..!!! This is such a good good news…!wohooo..”

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    #Shoaib #Ibrahim #Dipika #Kakar #set #child

    ( With inputs from www.siasat.com )

  • FBI searches Joe Biden’s Wilmington home, finds more classified materials

    FBI searches Joe Biden’s Wilmington home, finds more classified materials

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    Washington: FBI investigators have found additional classified documents from US President Joe Biden’s residence in Wilmington after conducting a 13-hour search of the home, intensifying the probe into discoveries that could become a political and possible legal liability for him as he prepares to launch a reelection bid in 2024.

    Bob Bauer, the President’s personal attorney, said in a statement that during the search on Friday, “Department of Justice took possession of materials it deemed within the scope of its inquiry, including six items consisting of documents with classification markings and surrounding materials, some of which were from the President’s service in the Senate and some of which were from his tenure as vice president.

    “DOJ also took for further review personally handwritten notes from the vice-presidential years,” he said.

    The total number of classified documents found in the residences and private offices of Biden has now increased to nearly a dozen and a half. All documents, including from his term as vice president from 2009 to 2016, have now been taken into possession of federal agents.

    “DOJ requested that the search not be made public in advance, in accordance with its standard procedures, and we agreed to cooperate,” Bauer said.

    Biden is spending time at his Wilmington, Delaware residence this weekend.

    “DOJ had full access to the President’s home, including personally handwritten notes, files, papers, binders, memorabilia, to-do lists, schedules, and reminders going back decades,” Bauer said.

    Last week, US Attorney General Merrick B Garland appointed a special counsel Robert Hur to investigate the discovery of the classified documents at the private offices and residence of the President.

    Richard Sauber, Special Counsel to the President, said that Biden directed his personal lawyers to be fully cooperative with the Justice Department as part of its ongoing investigation. That has been the case since a small number of materials were initially discovered at the Penn Biden Center, he said.

    The President and his team are working swiftly to ensure the DOJ and the Special Counsel have what they need to conduct a thorough review, he said.

    “Neither the President nor the First Lady were present during the search. The President’s lawyers and White House Counsel’s Office will continue to cooperate with the DOJ and the Special Counsel to help ensure this process is conducted swiftly and efficiently,” Sauber said.

    The federal search of Biden’s home, while voluntary, marks an escalation of the probe into the President’s handling of classified documents and will inevitably draw comparisons to his predecessor, former president Donald Trump- even if the FBI’s search of Trump’s residence was conducted under different circumstances, CNN said.

    Trump also faces a probe over his alleged mishandling of hundreds of classified documents at his Florida Mar-a-Lago residence and his alleged failure to comply with a subpoena.

    The lengthy search and subsequent discovery of more documents is a political headache and a possible legal liability for Biden, as he prepares to declare whether he will run for a second term.

    Biden, 80, already America’s oldest sitting president, in November said he intends to run again for the presidency in 2024.

    Biden said he was “surprised” to learn of the discovery of the records. He had branded his predecessor Trump, “irresponsible” for storing classified documents at his Mar-a-Lago estate in Florida.

    President Biden told reporters in California on Thursday that he “has no regrets” on the handling of documents marked classified.

    When asked why the White House didn’t disclose the existence of the documents in November before the midterm elections, he told reporters he thinks they’re going to find out “there’s no there there.” A first batch of classified documents had been found on November 2 at the Penn Biden Center, a think-tank Biden founded in Washington DC.

    A second batch of records was found on December 20 in the garage at his Wilmington home, while another document was found in a storage space at the house on January 12.

    After finding the documents, Biden said his team immediately turned them over to the National Archives and the Justice Department.

    Under the Presidential Records Act, White House records are supposed to go to the National Archives once an administration ends, where they can be stored securely.

    The Republican Party was quick to slam Biden after the new discovery.

    “This says some of the docs are from his Senate service. Serious Q: how on earth did he do that? I’ve served in the Senate for 10 years. Every single classified doc I’ve read—100%—has been in a secure SCIF (sensitive compartmented information facility) in the basement of the Capitol. What the hell??” Senator Ted Cruz said.

    “Even more highly classified documents were found in Biden’s home!! How are they just now discovering these? This is getting out of hand. As Vice President, Biden had NO RIGHT to possess these. This scandal is getting bigger every single day!!” Congressman Ronny Jackson said.

    “After all the misleading, downplaying statements made by the WH (White House), it’s time for the FBI to seal the crime scene, bar anyone from the WH, including POTUS (President of the United States) and his lawyers, from entering and conducting the search themselves. No more special treatment,” former White House Press Secretary Ari Fleischer said.

    Emboldened by a new majority and armed with subpoena power, House Republicans were already gearing up for a series of investigations into the Biden family’s finances and Biden’s son Hunter.

    The discovery of the classified documents opens up a new line of inquiry.

    “I think Congress has to investigate this,” House Speaker Kevin McCarthy said Thursday.

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    #FBI #searches #Joe #Bidens #Wilmington #home #finds #classified #materials

    ( With inputs from www.siasat.com )

  • Chinese health expert claims 80 pc of people in China infected with COVID-19

    Chinese health expert claims 80 pc of people in China infected with COVID-19

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    Beijing: About 80 per cent of China’s population has been infected with COVID-19, that is nearly eight in 10 people, a prominent government scientist has claimed, CNN reported.

    Wu Zunyou, the chief epidemiologist of China’s Center for Disease Control and Prevention has claimed that the present “wave of epidemic has already infected about 80% of the people” in the country of 1.4 billion population.

    Wu Zunyou’s claim comes amid concerns that the travel rush that takes place around the Lunar New Year holiday time could spread the virus to the countryside and lead to the second wave of infections.

    Speaking on his personal social media account, Wu claimed that the scenario was unlikely as many people in China have already been infected with COVID-19. Wu claimed that the possibility of a large scale COVID-19 rebound is very small in China.

    “In the next two to three months, the possibility of a large-scale Covid-19 rebound or a second wave of infections across the country is very small,” CNN quoted Wu Zunyou as saying.

    On Thursday, Chinese health authorities said that visits to clinics for fever and COVID-19 hospitalizations in China have reduced since their peaks in late December and early January respectively.

    The authorities have said that the number of people infected with COVID-19 who need critical care in hospitals has also peaked. Nearly 60,000 people infected with COVID-19 died in Chinese hospitals between December 8 and January 12 after Beijing abruptly ended its “zero-Covid” policy, CNN reported citing government data.

    Earlier this month, the World Health Organization’s executive director for health emergencies Mike Ryan said that the numbers released by China “under-represent the true impact of the disease” with regards to hospital, ICU admissions and deaths.

    Meanwhile, more than 26 million passenger trips were taken on the eve of the Lunar New Year, CNN reported citing Chinese state broadcaster CCTV reported. Over 4.1 million people travelled by train and 756,000 people travelled by air for holiday reunions on the day prior to the start of the Lunar New Year, as per the news report.

    China’s road transport system registered over 20 million passenger trips on the eve of the Lunar New Year, a rise of 55.1 per cent witnessed from 2022, CNN cited CCTV report. As of Friday, China’s transport system managed more than 560 million passenger trips in the first 15 days of the 40-day ongoing Spring Festival travel.

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    #Chinese #health #expert #claims #people #China #infected #COVID19

    ( With inputs from www.siasat.com )