
‘Your country is going around with a begging bowl': Khushbu Sundar launches fiery tweet on IMF aid for Pakistan
After Gul Panag, Khushbu Sundar has also defended India while reacting to a tweet about International Monetary Fund's $1 billion loan for Pakistan. The actor came across a tweet from a Pakistani journalist, who claimed that India's has been 'humbled' by IMF's move. She unleashed some fiery words in response to it.
Journalist Shahbaz Rana had tweeted, 'India humbled again as IMF approves $2.3b packages for Pakistan. In a diplomatic embarrassment for India, the Executive Board of the International Monetary Fund on Friday approved two packages worth $2.3 billion, including a new $1.3 billion programme.'
Khushbu retorted, 'Seriously?? Do you live in la-la land? My nation stands tall, upholding its dignity, integrity and respect. Your country is going around holding a begging bowl and alms are given to you. India hasnt reached out for any financial help. We as a nation are self sufficient. We Indians are happy souls, who find happiness in sharing, giving and spreading peace and harmony. Unlike your country that takes pride in sheilding terrorists and spreading terrorism. So i say, go take a long walk. You can never match upto where India stands in development, economy, infrastructure,. India is at the top as a friend, uniting the world, standing up for the right causes, sharing happiness with the rest of the world.'
Earlier, actor Gul Panag had also tweeted against the same. 'Sir, congratulations on another loan. With respect, we don't need that money. You do. FYI, We have not taken any financial assistance from the IMF since 1993. Repayments of all the loans taken from International Monetary Fund have been completed on 31 May, 2000.'
The International Monetary Fund approved the immediate disbursement of about USD 1 billion to Pakistan under the ongoing Extended Fund Facility.
Pointing out that rewarding continued sponsorship of cross-border terrorism sends a dangerous message to the global community, India abstained from voting at the crucial International Monetary Fund (IMF) held on Friday in Washington.
An IMF statement soon after said its Executive Board concluded the initial review of Pakistan's economic reform programme under the Extended Fund Facility (EFF) arrangement.
Khushbu Sundar is an Indian actor, producer, and politician known for her work in South Indian cinema. She is also a prominent political figure, currently associated with the Bharatiya Janata Party (BJP). Khushbu Sundar is best known for Tamil blockbusters like Chinna Thambi, Mannan, and Michael Madana Kama Rajan.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
22 minutes ago
- Time of India
Indians' grocery baskets grow bigger in FY25: Kantar report
Indians made 156 shopping trips to grocery stores in FY25, unchanged since a year ago but the basket size increased in both value and number of packs, said a new report by global research firm Kantar. While they made a purchase once in every 56 hours or close to once in every two days, the average pack sizes have risen by 16%, indicating a shift towards slightly larger quantities. Also, the number of packs rose 13% or by 26 pieces translating into nearly 226 FMCG packs purchased on average compared to 200 packs in FY24. "This indicates confidence returning to the shopper. In addition to this, premiumisation continues, with moderate consumption growth, which leads us to believe that we would see moderate to strong growth in urban FMCG building up in the next quarters," said K Ramakrishnan, managing director, South Asia, Worldpanel Division. "If the macroeconomic factors remain favourable, we should also see rural recovery as we head into the second half of the year." Demand for daily groceries, household and personal products worsened to a two-year low in the March quarter. FMCG volume sales growth in Jan-March quarter was 3.5%, slowest since March quarter 2023. A year ago, the market had grown 5.5% in the same quarter. But the slowdown is not universal. For instance, of the 22 stock- market listed companies that Kantar tracked, their volume growth rate was just 3.6%. However, the rest of the branded market is doing better at 3.9% and unbranded products have seen a significantly higher growth of 6.1% in the year. "Commentary for unlisted players, including Indian subsidiaries of multinational corporations, D2C players, and regional brands indicates a slightly better performance, underscoring broader demand resilience," said Saugata Gupta, managing director at Marico , at an earnings call. "Data of some of the D2C and unlisted players do not get captured and the growth could be a tad higher," he said. Kantar monitors branded and unorganised products, including unpackaged voluminous commodities and the numbers reflect slower sales across categories and markets in the last many quarters. For most listed companies, urban markets account for anywhere between 50% and 70% of their overall sales and over the past year, inflationary pressures, low wage growth and higher housing rentals weighed on urban demand for daily groceries and staples. Consumer goods companies have posted mixed volume growth trends. Hindustan Unilever posted a 2% volume growth, while Godrej Consumer Products volume was slightly higher at 4%. Tata Consumer's volume rose about 6% and Marico saw a 7% volume growth during the March quarter. While companies have flagged a softness in demand amid shrinking household budgets, most predicted a strong recovery in this fiscal year. "I am reasonably optimistic about the recovery happening. It's not going to be a hockey stick. We have seen gradual recovery, and this trend is going to continue into the next year as well," Varun Berry, vice-chairman, Britannia , told investors. INDIAN METROS South Delhi consumers consumed 240 kg of fast-moving consumer goods per year, double the national average while with '39,325 spent on FMCG, West Delhi consumers outpaced the entire country by twice as much. An average urban Indian household makes 128 visits to the shop to buy FMCG (excludes atta). The average Mumbai household visits 135 times for the same annually. But the households in the slum belt purchase FMCG in 233 visits. This corridor comprises localities such as Dharavi, Bandra East, Khar East, Santacruz East, Dawri Nagar, Prabhat Colony, etc., and purchases just 541 grams in every visit, the least among all metro clusters across India. With ₹227 spent on every kilo of FMCG on an average, Southwest Bengaluru comprising RR Nagar, Mysore Road, and Kengeri is the most premium FMCG cluster among top metros. Average city level spend-per-kg of FMCG itself is a strong ₹211 in Bengaluru, while no other city has a per-kg spend of more than ₹195.


Time of India
22 minutes ago
- Time of India
L'Oreal buys British skincare brand Medik8
L'Oreal is to acquire British skincare brand Medik8 , its owner, Britain-based private equity firm Inflexion, said on Monday, boosting the French cosmetics giant's offering in the fast-growing dermatological skincare market . The size of the deal was not disclosed. Medik8 focuses on vitamin A-based anti-ageing creams and serums. "The partnership with L'Oreal will allow Medik8 to deepen its presence in existing markets and expand globally. As part of the transaction, Inflexion will retain a minority shareholding in Medik8," the private equity firm said in a statement. L'Oreal's dermatological beauty division, which includes major brands like CeraVe, La Roche-Posay, and SkinCeuticals, has been its fastest growing in recent years, reaching revenues of 7 billion euros (USD 7.99 billion) last year, after growing almost 10% on the year before. The business, which also has the highest profit margin among its four divisions, has boomed on growing consumer interest in science-backed products, though growth has slowed recently due to rising competition. L'Oreal executives said this year they were pursuing acquisitions and looking to revive flagging growth. The company acquired Korean skincare brand, Dr.G, in December and also bought a minority stake in Oman-based perfume house Amourage last year.


Mint
an hour ago
- Mint
Cochin Shipyard share price snaps 4-day rally, falls 4%. Should you too book profits?
Cochin Shipyard share price: PSU defence stock Cochin Shipyard snapped its four-day winning run on Monday, June 9, as it slid 4% amid profit taking by investors following a 23% rally over four sessions. The multibagger stock has faced significant gains, rising for four months in a row. Between March and June, Cochin Shipyard's share price is up 65%, with the scrip gaining 19% this month alone. The rally in Cochin Shipyard shares can be attributed to overall positive sentiment for the defence stocks following the rise in India-Pakistan tensions in light of Operation Sindoor. The Nifty India Defence index is trading at all-time high levels as defence stocks witness strong buying momentum. Analysts believe that the escalated need for defence equipment and systems has come to the fore, and the focus has now shifted to the execution of the order books to meet this expected demand, which is driving the defence stocks higher. Omniscience Capital expects the Defence budget to be increased to 3% to 4% of the GDP from the current ~2% level. "With a $10 trillion GDP, the defence budget is expected to grow to more than $300 bn USD or around INR 30 lac crores. This implies a 16-17% annualised growth till 2035," it said. However, amid a strong rally in Cochin Shipyard share price, technical analysts see a downside in the stock, advising caution for the time being. Cochin Shipyard rallied over 107% in just 40 days and has now formed a bearish shooting star at the top, followed by a downside move, indicating profit booking, said Anshul Jain, Head of Research at Lakshmishree Investments. "The recent exhaustion suggests that a short-term correction is underway. The stock is likely to test its previous swing high support zone around ₹ 2,150," he added. Traders should exercise caution at current levels, as the extended rally now looks due for a healthy pullback before any fresh upmove, Jain advised. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.