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Time of India
3 days ago
- Business
- Time of India
No diversion of funds from any dept for Ladki Bahin scheme: Fadnavis
Chhatrapati Sambhajinagar: Chief minister Devendra Fadnavis clarified on Thursday that no funds from any govt department were diverted towards Mukhyamantri Ladki Bahin scheme. A section of ruling party leaders as well as the opposition had criticized the state govt for alleged diversion of funds from key departments to sustain the scheme. "The Ladki Bahin scheme is of individual interest. If any funding is made for such a scheme, the money has to be disbursed from the exchequer to that particular department, such as tribal welfare, social justice or other departments. This is the method of accounting for the state's annual budget. Those who fail to understand should come to me as I have already written a book on how to read the annual budget," Fadnavis told newspersons at Parbhani. He said funds for tribal people and scheduled castes, among other weaker sections, need to be reserved as per their percentage of population, but schemes of individual interest get priority while reserving such funds. "Deputy CM Ajit Pawar (who is also the finance minister) has already offered elaborate explanations on the issue," the CM said. Fadnavis, who was in Parbhani to lay the foundation of the new Government Medical College and Hospital, among other public works, also addressed a public rally in which he announced that the state govt would soon launch as many as 1,200 public services on WhatsApp. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trading CFD dengan Teknologi dan Kecepatan Lebih Baik IC Markets Mendaftar Undo "Right from paying money towards these services to getting the desired documents, everything will be on WhatsApp. We are committed to transparent, pro-people, and speedy governance," he said. Referring to the FDI data released by the RBI, Fadnavis said that Maharashtra had alone bagged 40% of the total investment in the country. "FDI attracted by Maharashtra is more than such investments in Karnataka and Gujarat among other states taken together. Even foreign investors have reposed faith in the double engine govt in Maharashtra and made our state their first choice," he said. Fadnavis also criticised Congress for allegedly raising doubts over 'Operation Sindoor'. "Minds of Congressmen have become 'Pakistan occupied' just like PoK. They are raising doubts over the bravery of our armed forces," he said. The CM said Indian armed forces destroyed nine terror hideouts and killed 150 militants, including family members of terrorist leader Masood Azhar within "23 minutes". Earlier, addressing an event at Vasantrao Naik Marathwada Agricultural University in Parbhani, Fadnavis said that honorary scientist awards will be given to farmers engaged in successful farming and cropping experiments. Chhatrapati Sambhajinagar: Chief minister Devendra Fadnavis clarified on Thursday that no funds from any govt department were diverted towards 'Mukhyamantri Ladki Bahin' scheme. A section of ruling party leaders as well as the opposition had criticized the state govt for alleged diversion of funds from key departments to sustain the scheme. "The Ladki Bahin scheme is of individual interest. If any funding is made for such a scheme, the money has to be disbursed from the exchequer to that particular department, such as tribal welfare, social justice or other departments. This is the method of accounting for the state's annual budget. Those who fail to understand should come to me as I have already written a book on how to read the annual budget," Fadnavis told media persons at Parbhani. He said funds for tribal people and scheduled castes among other weaker sections need to be reserved as per their percentage of population, but schemes of individual interest get priority while reserving such funds. "Deputy CM Ajit Pawar (who is also finance minister) has already offered elaborate explanations on the issue," the CM said. Fadnavis, who was in Parbhani to lay the foundation stone of the building of the new Government Medical College and Hospital, among other public works, also addressed a public rally in which he announced that the state govt would soon launch as many as 1,200 public services on WhatsApp. "Right from paying money towards these services to getting the desired documents, everything will be on WhatsApp. We are committed to transparent, pro-people, and speedy governance," he said. Referring to the FDI data released by the RBI, Fadnavis said that Maharashtra had alone bagged 40% of the total investment in the country. "FDI attracted by Maharashtra is more than such investments in Karnataka and Gujarat among other states taken together. Even foreign investors have reposed faith in the double engine govt in Maharashtra and made our state their first choice," he said. Fadnavis also criticised Congress for allegedly raising doubts over 'Operation Sindoor'. "Minds of Congressmen have become 'Pakistan occupied' just like PoK. They are raising doubts over the bravery of our armed forces," he said. The CM said Indian armed forces destroyed nine terror hideouts and killed 150 militants, including family members of terrorist leader Masood Azhar within "23 minutes". Earlier, addressing an event at Vasantrao Naik Marathwada Agricultural University in Parbhani, the CM said honorary scientist awards will be given to farmers doing successful farming experiments.
Time of India
3 days ago
- Politics
- Time of India
'From land of Sindoor Khela': PM Modi invokes symbolism at Bengal rally, warns Pakistan
NEW DELHI: Prime Minister Narendra Modi on Thursday invoked the deep cultural symbolism of Bengal's Sindoor Khela to reinforce India's hardened stance against terrorism, declaring that ' Operation Sindoor ' is far from over and vowing further action against terror sponsors. Addressing his first rally in West Bengal since the launch of Operation Sindoor earlier this month, PM Modi said the recent anti-terror strikes had delivered a strong message to Pakistan. 'We have entered your house and killed you three times,' the Prime Minister said to rousing applause, a likely reference to the 2016 surgical strikes, the 2019 Balakot air strikes, and the recent cross-border operations. 'Power of sindoor' and the pain of Pahalgam Standing on what he called the 'sacred land of Sindoor Khela,' PM Modi linked the military operation to a powerful cultural symbol, the red vermillion applied by Bengali women during Durga Puja. He said the April 22 terrorist attack in Pahalgam, which killed Indian soldiers, was an attempt to 'wipe off the sindoor from our sisters' foreheads.' "But our brave soldiers made them realise the power of that sindoor," he declared, echoing the phrase multiple times during his address. PM Modi told the gathering that the pain of the Pahalgam attack had resonated deeply in Bengal, and that Operation Sindoor was India's collective response. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trading CFD dengan Teknologi dan Kecepatan Lebih Baik IC Markets Mendaftar Undo 'From this land of Bengal, I, on behalf of 140 crore Indians, declare that Operation Sindoor is not over yet,' he said. Pakistan warned: 'Breeding ground for terror' Without naming specific missions, the Prime Minister said, 'We destroyed cross-border terror infrastructure, which Pakistan had never thought of. We have hit Pakistan thrice inside their homes.' He accused Pakistan's military establishment of harbouring terrorism. 'Terrorism and mass murder are their biggest expertise, because they know they cannot win in a direct war,' PM Modi said. The Prime Minister also referred to Pakistan's historical record of violence, recalling the atrocities committed during the 1971 Bangladesh Liberation War. 'The world has not forgotten the rapes and murders committed by the Pakistan Army in East Pakistan,' he said. 'India has changed' Concluding his speech, PM Modi issued a clear warning, 'India has changed. We no longer tolerate such cowardly acts. And Operation Sindoor is our firm answer.' The speech marks a strategic fusion of emotion and aggression, using the cultural heartbeat of Bengal to drive home a national message that India's fight against terror will be both symbolic and surgical.
Time of India
3 days ago
- Politics
- Time of India
Nordic nations embrace total defence as risk of sabotage, war rises
The above-ground entrance to a public shelter, which can fit around 450 people in case of crisis or war, is seen in Kongsberg, Norway (Image credit: AP) In 1944, Norwegian resistance fighters in the town of Kongsberg blew up a factory making cannons for occupying Nazi German forces during World War II. More than 80 years later, the municipality could once again be a target for sabotage and is preparing for war. The local authorities have dusted off Cold War-era bomb shelters, installed a new satellite communications system and are working with the military on plans to help a deployment of Western forces in case of conflict. "The lesson we learned from Ukraine is that everybody pitched in," said Odd John Resser, Kongsberg's Emergency Planning Officer, noting breweries that pivoted to making Molotov cocktails, local authorities that built schools in shelters and weapons factories which ramped up production. Across the Nordic nations, governments are boosting defence spending, reassessing security and pushing the concept of total defence. It's an approach which mobilizes the whole of society to defend against military and non-military threats. As Moscow wages war in Ukraine, Western officials are accusing Russia of being behind a campaign of sabotage, arson and cyberattacks and there are jitters across the continent about whether Europe can rely on the US as a partner. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trading CFD dengan Teknologi dan Kecepatan Lebih Baik IC Markets Mendaftar Undo The Norwegian government published its first national security strategy in May, saying the country is facing its most serious security situation since World War Two. "After decades of peace," it warned, "a new era has begun for Norway and for Europe." "What is now happening in Ukraine has to be a wake-up call for all and we must strengthen our defence to prevent anything like that from happening to us," Norway's Prime Minister Jonas Gahr Store told The Associated Press. Total defence Norway announced in January that it plans to start building bomb shelters in new buildings after halting the practice in 1998. The Swedish government appointed its first minister for civil defence in 2022, shortly after Russia invaded Ukraine. Residents aged 16 to 70 are required to serve in the event or threat of war, either in the military or helping to provide rescue, firefighting, healthcare or other services. Finland's civil defence shelters are the envy of the Nordics and can fit around 86 per cent of the Finnish population. One public shelter in Helsinki can fit 6,000 people, is designed to withstand the fallout from a nuclear attack and is in an almost constant state of readiness with beds and sinks tucked away behind blast doors and an underground hockey pitch. Norway and some other Nordic nations also tell residents to have enough food and water stored for seven days. "How would you and your nearest family manage if the electricity supply was cut off for a longer period? What would you do if the water supply failed?" the Norwegian handbook asks. AP spoke to 11 people in Kongsberg and the majority said they had some form of supplies. While most didn't have a stockpile for seven days - and some had nothing at all - two people said they could probably survive for more than a week. "Russia is very close to Norway and you don't know what's going to happen. I would rather be prepared than not prepared," said Katina Bakke, who works in a sports shop in Kongsberg. Community support for troops: Although Norwegian authorities are not expecting an imminent conflict, if war comes to Northern Europe, Kongsberg could be critical. The municipality, 85 kilometres southwest of the Norwegian capital Oslo with a population of around 27,000 people, is the headquarters of the Kongsberg Group, which makes high-precision weapons currently used in Ukraine. The company opened a new factory in 2024, ramping up production of advanced missiles used by multiple European countries. The town could also play host to troops if there is a conflict. In May, local authorities across the region met with the military to plan support for Western troops with logistics and healthcare in the event of a deployment. "If the allies are coming to Norway, either staying, training, doing war work or in transit towards the east, we will have a big task for the whole community to support that," Resser said. By readying for the worst, Resser said, the municipality also prepares for other - more likely - threats such as a pandemic, extreme weather or power outages such as the one that immobilized Spain and Portugal in April. Sabotage: Europeans elsewhere need to realise the threat from Moscow can reach "much deeper" than nations bordering Russia, said Matthew Redhead, a national security expert at the Royal United Services Institute in London. "The threat is rising," from Russia's campaign of vandalism, sabotage and arson across Europe and Moscow could target energy grids, internet cables and water supplies, Norway's defence minister Tore O Sandvik told AP. "Sabotage has become one of the threats that is now on the radar to an extent that we haven't seen probably since the Second World War" said Even Tvedt, Chief Security Officer at the Kongsberg Group. Reeling off suspicious incidents at the company, he detailed how in 2024 an activist tried to destroy engines for fighter jets, drones were spotted over an area where it's illegal to fly and attempts were made to get through a factory perimeter. It's not always possible to identify motivation or to say if the incidents are separate, linked or just "some kid" flying a drone, but the number of suspicious events indicates sabotage is highly possible, Tvedt said. Moscow is ramping up its activities in Europe to a "pre-war" level, said Redhead, but away from Russia ordinary people and local authorities may be less ready for a crisis because "we don't think we will be on the front line." "Freaking people out about this at some point is potentially quite necessary."
Yahoo
5 days ago
- Business
- Yahoo
Citi hosts the Citi Singapore Macro and Pan Asia Investor Conference from 28 to 30 May
SINGAPORE, May 28, 2025 /PRNewswire/ -- Citi hosts the Citi Singapore Macro and Pan Asia Investor Conference from 28 to 30 May The conference brings together distinguished political and economic experts for a series of multi-dimensional discussions focused on the latest geopolitical developments, economic outlook and topical investment themes impacting the financial industry. Over the next three days, Citi is expecting over 1,500 delegates including clients, investors, corporates, family offices, and private bankers to attend the conference, which includes over 20 panels and presentations and almost 7,000 meetings between corporates and experts. Key speakers include: Robert Lighthizer, Chair of the Center for American Trade at AFPI and Former United States Trade Representative and Senior Advisor to Citi's clients on global trade, Loretta Mester, Former President and CEO, Federal Reserve Bank of Cleveland, and Dr Lawrence Summers, Former United States Secretary of the Treasury. Sue Lee, Head of Markets for Asia South at Citi, said, "We are entering a new era of trade policy and globalization, marking a deep structural shift in how markets move and how businesses operate. Citi's leading Markets franchise with a wide global footprint uniquely positions us to support our clients as they navigate this new environment." Citi's Markets business serves corporates, institutional investors, and governments from trading floors in almost 80 countries. The strength of our underwriting, sales and trading and distribution capabilities span asset classes (Commodities, Equities, Rates, Spread Products and FX), providing us with an unmatched ability to meet the needs of our clients. View original content to download multimedia: SOURCE Citi Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
23-05-2025
- Business
- Bloomberg
India, US Hold ‘Constructive' Trade Talks, Says Piyush Goyal
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