Cultural ties bind India and Bangladesh together: PM Modi

News Network
May 25, 2018

Santiniketan, May 25: Prime Minister Narendra Modi on Friday said India and Bangladesh are separate nations but attached with cultural ties which are defined by several public policies.

While attending the convocation ceremony of the Vishwa Bharti University along with Bangladesh's Prime Minister Sheikh Hasina and West Bengal Chief Minister Mamata Banerjee, Prime Minister Modi identified the occasion as a rare one when leaders of two countries are present together in a university event.

Highlighting the importance of Indo-Bangladesh bilateral relations, Prime Minister Modi said, "We could learn multiple lessons from each other and Bangladesh Bhawan is one of such examples which is soon going to be inaugurated."

Prime Minister also highlighted the problem of lack of clean drinking water in the university premises as he assured that being the university's chancellor it will be his responsibility to ensure that none of the students remain bereft of the basic facilities.

He further recalled the teachings of poet-scholar Rabindranath Tagore, fondly known as Gurudev.

"During the Vedic era, there have been certain values imparted to the country which were then taken forward by individuals like Rabindranath Tagore," Prime Minister Modi said.

While highlighting the value of the phrase "Vasudeva Kutumbakam", Prime Minister continued saying that Tagore desired to develop this entire University (Vishwa Bharti) into such a place where everyone would desire to live in.

He further said Gurudev dedicated his entire life to uphold the values of this mantra.

He called on the citizens to be aware of trans-national culture, traditions, and languages but at the same time cautioned them not to forget the traditional Indian values. 

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News Network
November 19,2024

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News Network
November 21,2024

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Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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News Network
November 28,2024

Mangaluru: In a heartbreaking incident, three first-year nursing students drowned in the Phalguni River near Barkaje dam, within the Venoor police station limits, on Wednesday evening.

Preliminary reports identify the deceased as Lawrence from Moodbidri, Suraj from Belthangady, and Jaison from Vagga in Bantwal.

According to police sources, the tragedy occurred around 5:30 PM. The group of friends had gathered at a friend's house to celebrate a church feast. After lunch, five of them decided to visit the river near the dam for a swim.

While in the water, two of the students were caught in the strong current. Jaison, attempting to rescue them, was also swept away. Fire and emergency services personnel, along with the police, rushed to the scene and retrieved the bodies.

This tragic event has left the community in deep sorrow.

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