12.03.2017 13:54:27 – Global rating agency Fitch today said, Indian economy will grow by 7 (point) 1 per cent in the current fiscal before stepping up to 7 (point) 7 per cent in the next two financial years. The US-based agency has termed the 7 per cent GDP growth for the October-December quarter as surprising and a tad lower than 7.4 per cent in the previous quarter.
(live-PR.com) – President, Pranab Mukherjee and Vice President, Hamid Ansari have extended their greetings to the nation on the eve of Holi. In his message, the President said, Holi celebrates spring and is a harbinger of hope and fulfillment in lives. He hoped that this festival strengthens brotherhood and harmony amongst all people.
Mr Mukherjee said, happiness should also be shared with
the needy and downtrodden on this day.
Vice President Hamid Ansari said that Holi marks the onset of warmer season and celebrates the victory of good over evil. He hoped that the festival brings peace, harmony, prosperity and happiness to everyones lives. Prime Minister Narendra Modi has said, a new India is emerging, which is being powered by the strength and skills of 125 crore Indians.
Saying that the new India stands for development, he asked people to take the I Am New India pledge on the Narendra Modi Mobile App and express commitment towards building a new India.
In a series of tweets today, Mr Modi said, people must make Mahatma Gandhi, Sardar Vallabh Bhai Patel and Dr B R Ambedkar proud by the time the nation celebrates 75 years of freedom in 2022. The ‘Narendra Modi Mobile App’ has an enhanced look with many new features to provide a unique user experience. The App has a new and re-imagined feed and enables easier reading and sharing of news.
BJP Parliamentary Board will meet shortly in New Delhi to discuss the possible names for the Chief Ministership in the states where it has got the majority. The meeting will be attended by Prime Minister Narendra Modi, BJP President Amit Shah and other senior leaders.
Ahead of Parliamentary Board Meeting, the Prime Minister will lead a road show near BJP headquarters in the national capital. He will also be felicitated for resounding victory in the assembly polls.
Briefing media yesterday, Amit Shah had said, the Chief Ministers will be chosen on the basis of merit and capability. The party has secured three-fourth majority in Uttar Pradesh and Uttarakhand assembly polls.
Punjab, Captain Amarinder Singh will be sworn in as Chief Minister of the state on 16th of this month at Raj Bhawan in Chandigarh. A spokesman of the Governor House told AIR that Captain Amarinder Singh met the state Governor V P Singh Badnore in Chandigarh today and staked claim to form the government.
He presented the list of Congress legislators to the Governor. He met the Governor along with Congress leaders Asha Kumari and Ashok Gehlot. Amrinder Singh will meet Rahul Gandhi on 14th March to discuss his about his future cabinet.
Earlier, during a meeting of the newly elected legislators, he was elected Leader of the Congress Legislature Party in Chandigarh in the presence of central observers of the party. Punjab Chief Minister, Parkash Singh Badal submitted his resignation to the Governor. The Governor asked him to continue till the new government takes oath. Prior to it, Badal held a meeting of the Cabinet which took a decision to recommend the dissolution of 14th Punjab Assembly to the Governor.
Global rating agency Fitch today said, Indian economy will grow by 7 (point) 1 per cent in the current fiscal before stepping up to 7 (point) 7 per cent in the next two financial years. The US-based agency has termed the 7 per cent GDP growth for the October-December quarter as surprising and a tad lower than 7.4 per cent in the previous quarter.
It said the December quarter GDP number suggests that economic activity was hardly hit by the cash crunch after the government’s move to remove 86 per cent of currency in circulation overnight. Fitch said, gradual implementation of the structural reform agenda is expected to contribute to higher growth, as will higher real disposable income. Fitch projection of growth for this fiscal is in line with the estimates of global think-tank The Organisation for Economic Co-operation and Development, OECD. The rating agency said it expects the policy interest rate to stay at its current level of 6.25 per cent.
12.03.2017 13:46:19 – Akhilesh Yadav submitted his resignation to Governor Ram Naik, from position of Uttar Pradesh CM.Punjab Chief Minister Parkash Singh Badal has submit his resignation to Governor . Chief Minister Harish Rawat loses both seats from Haridwar rural and Kichha.
(live-PR.com) – PM Narendra Modi tweets: Every moment of our time, everything we do is for welfare & well being of the people of India. We believe in the power of 125 crore Indians:
Akhilesh Yadav submitted his resignation to Governor Ram Naik, from position of Uttar Pradesh CM.
Election results have established PM Modi as the most dominant person with a country-wide appeal,
PTI quotes P Chidambaram.
BJP has lodged victory in each and every district. It has won all seats in many districts including Varanasi, Faizabad, Jhansi, Chitrakoot, Mahoba, Lalitpur, Agra, Aligarh, Balrampur, Basti and Bareilly and has won above 60 seats with the margin of above 50 thousand votes and four seats with above one lakhs Party has wrested several seats from SP, BSP and Congress from their strongholds.
BJP heads for landslide victory in UP and Uttarakhand, SP, BSP and Congress set for worst ever poll debacle in UP, BJP likely to secure two third majority in both the States.With the massive win of BJP in UP, the governance of Modi is put on firm footing with RS strength shall increase thus give saffron easy route to get to the bills and other structural requirements.Bills such as Women reservation bills,GST,defunct bills laws could be decimated further the election to the coveted Post of President, the Palace at Raisina hills and Vice President shall be virtual at the stroke of PM and BJP consensus. People has been building the probable list of for the two highest post with the front runner the Veteran and founder of the BJP party Mr LK Advani along with some other names in the list.
Uttar Pradesh Chief Minister Akhilesh Yadav has said he accepts the verdict of people in the Assembly Election in the state. Addressing Media at his residence in Lucknow, he said voters have voted for change and hoped that the new government will do more development in the State.
On BSP Chief Mayawati allegation of EVM tampering, Mr. Yadav said that the government should probe it. BSP Chief Mayawati, has said that the results are surprising and seems that Electronic Voting Machines did not accept any vote other than that of BJP’s. She said she is writing to the Election Commission demanding immediate stoppage of counting and declaration of results in UP and holding of fresh polls using paper ballots.
Chief Minister Harish Rawat loses both seats from Haridwar rural and Kichha.
SAD’s Parkash Singh Badal beats Congress’ Capt. Amarinder Singh in Punjab’s Lambi constituency whereas Amarinder Singh won Patiala constituency.
Punjab Chief Minister Parkash Singh Badal has submit his resignation to Governor .
Punjab Governor V P Singh Badnore today dissolved the state Assembly after outgoing Chief Minister Parkash Singh Badal submitted his resignation to him. Prior to it, Badal held a meeting of the Cabinet which took a decision to recommend the dissolution of 14th Punjab Assembly to the Governor.
Later, Punjab Congress chief Amarinder Singh, who is also the party’s Chief ministerial candidate, met the Governor and stake claim for government formation. Earlier, he was elected leader of the Congress Legislature Party at a meeting this afternoon. After meeting the Governor, he told reporters that 16th March has been fixed as the date of swearing-in of new government in the State. Amarinder Singh said, he will travel to Delhi on 14th March to hold discussions with the Congress High command. Manipur assembly is for a hung assembly as none of the political parties reach the magic figure of 31 Goa polls throwing up a fractured verdict, the political equation now entirely hinges on the support of the two smaller parties Maharashtrawadi Gomantak Party(MGP), Goa Forward and independents. The Congress has won 17 seats in the 40-member assembly and BJP 13. MGP has won 3 seats, others 4 and Independents 3.
After the BJP legislature party meet in Panaji today, party MLA Michael Lobo said, the party MLAs have passed a resolution seeking BJP national president Amit Shah’s nod to elect Manohar Parrikar as state legislature party leader.
The party has also appealed to non-Congress winning candidates and their parties to support BJP for political stability in the State. MGP MLA Sudin Dhavalikar said that his party is ready to extend support to BJP in Goa if Mr Parrikar is the leader.
AICC general secretary in-charge of Goa Digvijay Singh said, the Congress is open to an alliance with non-BJP outfits. Congress legislature party meeting is underway in Panaji to work out strategies to form government in the state. Manipur Assembly elections, both ruling Congress and its main challenger BJP are working on a mission to form the next government in the state.
Both the parties have reportedly started their strategies to command the magic figure of 31 in the 60-member House. AIR correspondent reports that With 28 seats in its hand, Congress may have tried to rope in the lone Trinamool Congress MLA elect and the lone Independent MLA elect. As Lok Janshakti Party and Naga People’s Front coming out openly to support a non-Congress political coalition and National People Party(NPP) President Conard Sangma’s reported meeting with BJP leaders the last afternoon for a post poll coalition, BJP may also arrange a command on 30 seats.
However, both the scheme of Congress and BJP are not easy to materialise the magic figure of 31.BJP in-charge of the state Prahlad Patel and Convenor of the North-East Democratic Alliance Hemant Biswa Sarma have today met its newly elected state legislators at Imphal and discussed on the formation of a new government in the state.
They told mediapersons that a clear picture on the formation of a new government is expected by this evening and the party is optimistic on coming to power in the state this time.
China has warned US President Donald Trump that any trade war between the two countries will bring nothing but harm.
China’s Commerce Minister Zhong Shan told this to reporters on the sidelines of the Parliament session in Beijing amid concerns that Trump may hike tariffs against Chinese goods.
He said, that cooperation is the only right choice and the two countries should work to enhance it and manage differences. Mr. Zhong expressed the belief that the two countries will make the right judgement on bilateral trade ties.
Zhong Shan held a news conference in Beijing on Saturday on the sidelines of the annual session of the National People’s Congress. He took office last month.
Zhong referred to US President Donald Trump’s pledge to correct his nation’s trade deficit with China. The minister said 56 percent of US soybean exports, 16 percent of US automobile exports, and 15 percent of US semiconductor exports are destined for China.
Zhong said many American and Western friends think that China can’t live without the United States but that’s only half true. He added the United States can’t live without China, either.
Zhong said any form of protectionism is not in line with the interests of the 2 countries and that a trade war will bring nothing but harm.
Zhong said he’d like to meet US Commerce Secretary Wilbur Ross at an early date. The minister described Ross as an outstanding businessman and an experienced negotiator.
Zhong said he is willing to deal with excellent people because they play the long game and think strategically. The minister added he and Ross share the goal of deepening cooperation and controlling differences in opinion.
Ks of South Koreans took to the streets on Saturday night for a last, festive candlelight rally to celebrate former President Park Geun-hye’s ouster.
The constitutional court handed down a unanimous ruling Friday to force Park out of office. Park became the first South Korean president to be ousted through impeachment.
The streets and roads along the Gwanghwamun Square in downtown Seoul were cheering crowded with people welcoming the court’s decision. Some took a selfie in celebration of the historic moment, with others setting off fireworks.
Further entertainment for the Ks the Groups of musicians rollicked around, playing traditional South Korean percussion. During the main event, jubilant people with a candle in their hands cheered each other as they took part in the rally that lasted ever Saturday night for the past five months.
This is the last candlelight vigil as the scandal-hit president was permanently removed from office. Participants called for Park’s imprisonment and the transfer of presidential power.
“It was a victory in the square and the politics of candlelight,” one speaker said on the main stage. He demanded Park be imprisoned and the presidential Blue House be searched over an influence-peddling scandal.
Park, 65, was subject to criminal indictment and detention as she lost her immunity as the head of state. Prosecutors have branded Park as an accomplice of Choi Soon-sil, Park’s decades-long confidante who is now in custody for multiple charges including bribery.
According to a local pollster survey, 69.4 percent respondents said Park should be taken into custody for investigation. Those in favor of probe without detention were 17.8 percent, while just 9.6 percent people were against any investigation.
An overwhelming majority of South Koreans, both liberal and conservative, demanded in one voice that corruptions and unfairness be cleared away.
“The ancient regime symbolized by Park Geun-hye came to an end, and a new era will be ushered in,” said Peter Lee, an office worker who attended the boisterous candlelight vigil.
Lee said both progressive and conservative voters shouted in union for the end of the Park government, which he said would be the best legacy left behind candlelight vigils. Park’s ouster means justice still prevails in South Korea, he added.
But the possibility of conflicts still remains. Hundreds of meters away from the square, loyalists to Park held a separate rally, refusing to accept the court’s decision. They claimed that Park is innocent and the trial is unconstitutional.
Three Park supporters died in the pro-Park demonstration on Friday as enraged protesters clashed with riot police following the court’s ruling to uphold the impeachment motion.
According to the Realmeter poll, 86 percent of people believed the court’s ruling was right. Only 12 percent said it was not right, with 2 percent declining to reply.
A whopping 92 percent said people should accept the court’s decision. Those against the ruling took up just 6 percent of the total respondents.
Liberal Party of Western Australia (WA) has been voted out of government in a landmark result for the state’s Australian Labor Party (ALP).
The new Labor government, led by Premier-elect Mark McGowan, is expected to pick up as many as 41 of the 59 seats in the lower house of WA parliament.
The election marks the end of eight and a half years in Opposition for the ALP in WA, traditionally one of Australia’s most conservative states.
Among the casualties for the Liberals in the 16 percent swing against the party were at least four government ministers with two others also facing the possibility of losing their seat.
McGowan used his victory speech to push home his key election promises, most notably a multi-billion-dollar public transport system for the state.
“With success comes responsibility and the obligation to implement our program,” McGowan told his jubilant supporters.
“We will get to work immediately on carrying out our plans.”
“You deserve good government and, with my team, I am committed to delivering just that,” McGowan said.
Though McGowan will have unconditional control on the lower house, his party’s hold on the WA Senate will be much more tenuous with minor parties winning as many as five seats.
Outgoing Premier Colin Barnett, who faced a leadership challenge in September of 2016 as signs were ominous for the election, said he did all he could to retain government for the party.
“My best shot wasn’t good enough, but I can assure you I gave it my best shot,” Barnett said.
“I pledged to be a pro-development government and a government of integrity.. and we have.”
“The over-riding factor was time. The voters only give a government a certain amount of time. It’s a trend,” Barnett added.
The results have been described as disastrous for the far-right wing One Nation Party (ONP) which, despite winning two seats in the Senate, received just 4.5 percent of the vote in the lower house and won no seats.
German police have sealed off a major shopping centre in the central city of Essen, citing the threat of a terror attack.
In a statement, local police said they have concrete information regarding a possible attack and the shopping centre will be closed all Saturday. Though there was no announcement of arms or explosives being found, police said two men had been picked up for questioning.
The country is on high alert following scenes of carnage at a Christmas market in Berlin in December, when an IS terrorist rammed a truck into a crowd of pedestrians, killing 12 people.
Turkish President Recep Tayyip Erdogan has described the Dutch Government as Nazi remnants and fascists, amid a diplomatic row over a cancelled rally.
Turkey’s Family Minister was also blocked from entering the Turkish consulate in Rotterdam as the spat between the two nations worsened yesterday. Dutch Prime Minister Mark Rutte said Erdogan’s remark was way out of line.
Earlier, a rally in the city due to be hosted by the Turkish Foreign Minister was banned for security reasons. Foreign Minister Mevlut Cavusoglu had been hoping to harness the votes of the Turkish diaspora in the Netherlands, home to some 400,000 Turks, ahead of a referendum in Turkey next month on whether to expand Mr Erdogan’s powers.
In this regard, Turkey has summoned the Dutch charge d’affaires to the foreign ministry in Ankara for an explanation.
Dutch Prime Minister Mark Rutte issued a statement, calling the visit of the Turkish minister “irresponsible” and the rhetoric by Turkish authorities “unacceptable.”
“In mutual contact with Turkey, Netherlands has repeatedly made it clear that public order and security in our country should not be compromised,” Rutte said, adding that the Dutch government repeatedly told its Turkish counterparts that Kaya is “not welcome in the Netherlands.”
Turkey’s family affairs minister has been escorted to the Dutch-German border as crowds of Turkish protesters rallied at the consulate in Rotterdam. The minister was earlier prevented from staging a pro-Erdogan rally outside the diplomatic premises.
Fatma Betul Sayan Kaya was detained by the Dutch police at the consulate before being further escorted to Germany,“Minister Kaya is on her way to Germany, accompanied by police. Her car is being driven back. This also applies to her guards and employees,” Rotterdam’s mayor Ahmed Aboutaleb told news agency NOS.
Austria, Germany and Switzerland also banned similar gatherings where Turkish officials were due to speak.