New CM and govt also will be corrupt like BSY, says Siddaramaiah

News Network
July 22, 2021

Bengaluru, July 22: Calling BJP the most corrupt party, Karnataka Leader of the Opposition Siddaramaiah today said the new government that will come after Chief Minister B S Yediyurappa’s exit will also be “corrupt”. 

Speaking to reporters at Vidhana Soudha after chairing a meeting of the Congress’ legislators, the former CM said: “B S Yediyurappa gave a bad government in Karnataka. It was not a pro-development government; it was a government filled with corruption.” 

“By removing Yediyurappa, I don’t think an honest CM will come. The BJP itself is a corrupt party. Their ministers are corrupt. So whoever comes, it will be a corrupt government,” he said. 

The Congress leader recalled that he had predicted Yediyurappa’s exit several months ago. “I've been saying for 6-7 months that Yediyurappa will be changed. I had credible information. Nobody believed me, but it has come true now,” he said, adding that this was the BJP’s internal affair. 

The Congress staged a protest against the alleged Pegasus spyware snooping. Congress leaders took out a march from Vidhana Soudha till Raj Bhavan, but they were detained by the police on the way. 

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News Network
September 13,2021

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Mangaluru, Sept 13: Ruth Clare D’Silva of the city has emerged national topper in the Chartered Accountants final exam (old course) for 2021, conducted by the Institute of Chartered Accountants of India (ICAI).

“The CA final exam was tough this year. I had done well but was not expecting the top rank. I am very happy for acing the exam with first rank,” a beaming Ruth said. 

Daughter of Rosy Maria D’Silva and Ruffert D’Silva, Ruth pursued her CA articleship at Vivian Pinto and Company in Balmatta.

 “Ruth was brilliant in handling assignments and had excelled during her training. She has good interpersonal and communication skills,” said Vivian Pinto.

Her mentor and convener of Centre for Integrated Learning (CIL) S Nandagopal said his ward holds the distinction of being the first from the district to crack the exam with first rank.

Ruth did her schooling from St Theresa School and completed her undergraduate course through distance education from Mangalore University. 

Yet another girl from the state aced the exam. Bagrecha Sakshi Rajendrakumar of Bengaluru secured all India third rank in CA final exam (new course), the results of which were announced on Monday evening. 

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News Network
September 10,2021

Bengaluru, Sept 10: Experts have urged the Karnataka government to take measures to prevent reinfections of coronavirus as the people are gearing up for the festive season of October-November. They also have sought a third dose of the covid-19 vaccine during the year-end months to effectively protect people. 

Those who were infected during the second wave of covid-19 in summer this year may be vulnerable to reinfections as the antibodies could wane after six months, experts said.

They also predicted about 10 per cent of breakthrough infections, that is when the coronavirus overpowers the antibodies induced by a vaccine. 

Cases have been on the rise in isolated parts of the world, mainly due to the infectious Delta variant of the virus. This surge has renewed focus on a widely predicted third wave of infections in India, with children reportedly being the key targets.

“It is important to keep a close watch on the situation till November mainly because of the possibility of a surge in reinfection,” said Dr MK Sudarshan, chairman, state Covid-19 Technical Advisory Committee (TAC). He further sought adequate measures from the government to arrest a surge while advising people to not let their guard down. 

The coming months become more crucial as the massive infections in the second wave leave a big part of the population susceptible to reinfections. As many as 16 lakh people contracted the virus in the state in April and May alone, about half of them in Bengaluru. 

Sudarshan told the publication that by November, a clearer picture of the pandemic may appear but until then, all precautions have to be taken seriously. 

These expert alarms also come amid increasing pressure on the state government to ease restrictions amid the festive season, like the night curfew, which has been extended till the month-end by Basavaraj Bommai administration. 

As previously reported, a third wave, if struck, won't be as deadly as the second since a significant number of people have been inoculated with at least one dose of vaccine. And experts say reinfections or breakthrough cases won't nearly be as serious and may not even require hospitalisation. 

Virologist T Jacob John called for a third dose of the vaccine, or also called the 'booster shots' in other parts of the world, to prevent infections. "With the present supply and a little ramping up of production, the government can easily ensure the continuation of the vaccination drive and cover everyone with a third dose,” said John, expecting demand worries to ease in November following the expected completion of first-dose vaccination of the target population. 

Health officials told the publication that they are awaiting a signal from the Centre on further guidelines. “We have no instructions either from the Centre or ICMR on measures like a third dose. We have to see how it pans out in October-November and take steps based on the emerging situation,” said K V Trilok Chandra, Health Commissioner.

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News Network
September 23,2021

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Washington, Sept 23: Prime Minister Narendra Modi has said he would highlight economic opportunities in India during his meetings with CEOs in Washington.

On Thursday, the prime minister is scheduled to hold one-on-one meetings with the top five American CEOs.

Two of them are Indian Americans -- Shantanu Narayen from Adobe and Vivek Lall from General Atomics. The three others being Cristiano E Amon from Qualcomm, Mark Widmar from First Solar, and Stephen A Schwarzman from Blackstone.

“Landed in Washington DC. Over the next two days, will be meeting President Joe Biden, Vice President Kamala Harris, Prime Ministers Scott Morrison from Australia and Yoshihide Suga from Japan," he tweeted.

“Will attend the Quad meeting and would also interact with leading CEOs to highlight economic opportunities in India,” he said.

The prime minister's meeting with American CEOs from five different key areas is reflective of the priorities of his government.

While Narayen reflects the IT and digital priority that the Indian government is pushing for, Modi’s meeting with Lall is significant as General Atomics is not only the pioneer in military drone technologies but also the world’s top manufacturer of state-of-the-art military drones, which the US shares only with its key allies and partners.

India is in the process of procuring a significant number of drones for the three branches of its armed forces. It has also leased a few drones from General Atomics.

Jakarta-born Vivek Lall, now based out of California, for over a decade has been instrumental in major bilateral defence deals worth around $18 billion, as India and the US take steps to forge a new relationship in which defence trade is a key pillar.

The meeting with chip giant Cristiano Amon assumes significance, given India’s push for the 5G technology to be safe and secure.

The San Diego-based company creates semiconductors, software, and services related to wireless technology.

A world leader in 3G, 4G, and next-generation wireless technology innovations for more than 30 years, Qualcomm is now pioneering its way to 5G with a new era of intelligent products that are revolutionising industries, including automotive, computing, and IoT.

India is looking for a major investment from Qualcomm.

As India is taking gigantic steps in the use of solar power to meet its energy needs, the meeting with Mark Widmar is important as First Solar is a leading global provider of comprehensive photovoltaic (“PV”) solar solutions, which use its advanced module and system technology.

Early this summer, the Arizona-based company announced to add 3.3 GW of capacity in a new facility in India at an estimated cost of USD684 million.

Stephen A. Schwarzman is Chairman, CEO and Co-Founder of Blackstone, one of the world’s leading investment firms investing capital on behalf of pension funds, large institutions and individuals.

In March this year, Blackstone announced that funds managed by Blackstone Real Estate have acquired Embassy Industrial Parks from Warburg Pincus and Embassy Group, in one of India’s largest logistics transactions.  
 

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