India, Oman adopt vision document to expand ties; push for concluding CEPA soon

News Network
December 16, 2023

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Prime Minister Narendra Modi and Oman’s Sultan Haitham bin Tarik on Saturday, December 16, adopted a vision document to shore up bilateral cooperation in around 10 key areas and pushed for concluding a comprehensive economic partnership agreement (CEPA) as early as possible during their “productive” talks to inject new momentum in India-Oman strategic ties.

PM Modi and the Omani ruler also discussed the situation arising out of the Hamas-Israel conflict, the challenge of terrorism as well as the larger need to try and achieve a two-state solution to the Palestine issue as a way forward, according to Foreign Secretary Vinay Kwatra.

The two sides also announced the third tranche of Oman-India joint investment fund worth USD 300 million (around Rs 2,500 crore) that would be used for channelising investment into the fastest growing sectors of the Indian economy.

The investment fund was started as a 50:50 joint venture between the SBI and Oman investment authority with the first tranche of USD 100 million and the second one of USD 200 million.

At a media briefing, the foreign secretary said India and Oman also signed agreements providing for cooperation in the field of information technology, combating financial crimes, culture and one for the establishment of a Hindi chair of the Indian Council of Cultural Relations in Oman.

The Sultan of Oman arrived in Delhi on a state visit on Friday – his first trip to India as the top leader of the influential Gulf nation.

“Today is a historic day in India-Oman relations as the Sultan of Oman is on a state visit to India after 26 years,” Modi said in his remarks at the delegation-level dialogue.

“On the basis of our successful engagements, we are creating a path of bright future today,” he said, referring to the joint vision document.

“In this joint vision, concrete action points have been agreed upon in 10 different areas. I am confident that it will give a new and modern shape to our partnership,” he added.

“I am happy that the discussion on the CEPA agreement is going on and two rounds of discussion have been successfully completed where many important issues have been agreed upon,” Modi said.

Expressing hope that both sides will soon be able to sign the pact, Modi said it will add a new dimension to their economic cooperation.

Describing the talks between Modi and the visiting leader as “comprehensive and constructive”, Kwatra said the India-Oman vision document focuses on building a partnership in 8-to-10 areas including maritime cooperation and connectivity, digital payments, space, green energy, tourism, agriculture, food security and cricket.

The cooperation in clean energy will also focus on green hydrogen.

The vision document is broadly rooted in Oman’s ‘Vision 2040’, which is its national development blueprint, and India’s development vision of ‘Amritkaal’.

“An area which featured very prominently in the talks between the two leaders was ongoing discussions between the two countries for a comprehensive economic partnership agreement,” Kwatra said.

“Although the negotiations on CEPA have started only recently, they have made substantial progress in the last few rounds of discussion and both leaders gave strong impetus and push to conclude the CEPA agreement as early as possible,” he said.

There was also a discussion on the possibility of Oman utilising India’s digital payment system UPI with a corresponding Omani platform, besides an exchange of views on trade in Rupee.

To a question, Kwatra said the challenges arising out of the conflict in Gaza were definitely an important element of discussions.

“There was a shared appreciation of the continuing challenge that both countries face from the emerging multiple dimensions of the conflict, including the catastrophic humanitarian situation which is there,” Kwatra said on the Hamas-Israel conflict.

He said the challenge of terrorism and the larger need to try and achieve a two-state solution as a way forward was discussed.

“With regard to the situation there, it was discussed and both leaders exchanged in detail their perspective of the situation there,” he said.

India and the Sultanate of Oman are strategic partners and the bilateral trade and investment relationship between the two nations has been on an upswing in the last few years.

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News Network
November 21,2024

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After the US prosecutors charged Gautam Adani with bribery and fraud, Congress reiterated its call for a Joint Parliamentary Committee (JPC) probe into the transactions of the Adani group, and hit out at Prime Minister Narendra Modi, alleging an "internal nexus" between him and "his favourite businessman."

Senior Congress leader Jairam Ramesh said the indictment of Gautam Adani and others by the US Securities and Exchange Commission validates his party’s call for a Joint Parliamentary Committee investigation.

The Congress has been pushing for the probe since January 2023, raising concerns over alleged irregularities involving Adani and his business dealings, said Ramesh.

Ramesh referred to the party’s “Hum Adani ke Hain” series, where 100 questions were raised about the alleged scams and the links between Prime Minister Narendra Modi and Gautam Adani.
He noted that the questions remain unanswered, reiterating the need for accountability in the matter.

The US prosecutors have charged Adani with deceiving investors by concealing information about his firm's solar energy project in India, which allegedly involved bribery.

Adani has been charged with securities fraud and conspiracy, according to an indictment unsealed on Wednesday. The case focusses on an agreement between Adani Green Energy Ltd. and another organisation to supply 12 gigawatts of solar power to the Indian government.

'BETRAYAL OF INDIAN INVESTORS'

Congress leader Pawan Khera described the allegations against Gautam Adani and his conglomerate as a “betrayal of Indian investors.”

Taking to X, Khera outlined the US charges, including claims that Adani’s group bribed Indian government officials between 2020 and 2024 to secure contracts. Citing media reports, he also pointed out that Gautam Adani personally met a government official to advance the scheme.

Khera referred to a March 2024 incident where the Adani Group allegedly misled the Bombay Stock Exchange and the National Stock Exchange, calling it a “grave violation of investor trust.”

He further highlighted a March 2023 FBI raid on the premises of Sagar Adani, Gautam Adani’s nephew, where electronic devices were seized as part of the investigation.

'SEBI NOT ABLE TO PROVE ANY CHARGES AGAINST ADANI'

Shiv Sena (UBT) leader Priyanka Chaturvedi criticised central probe agencies following US charges against Gautam Adani and others in an alleged bribery case linked to solar energy contracts.

Chaturvedi raised concerns about corporate governance and regulatory oversight in the country. “They talk about corporate governance, responsibility, and accountability. The industrialists should be asked to follow the rules and regulations, but even the agencies were defending him. The SEBI has not yet been able to prove charges against him,” she said, pointing to what she viewed as failures in ensuring accountability.

'BROUGHT DISREPUTE TO INDIA'

On US charges against Gautam Adani, AAP leader Sanjay Singh called for a probe against the industrialist. He said that the probe should be conducted by an investigation agency under the Supreme Court.

"Adani Group has brought disrepute to India. This is a very serious matter. The PM of India should come forward and answer this. All the pending matters against Adani should be probed by an investigation agency under Supreme Court monitoring, and all the corruption done by him, within and outside the country, should come out before the country and action should be taken against him," he said.

BJP DFENDS

BJP IT cell chief Amit Malviya responded sharply to the Opposition’s criticism regarding allegations involving Adani Green Energy and US-based Azure Power. He pointed out that the charges in the indictment are only allegations and emphasised, “The defendants are presumed innocent unless and until proven guilty.”

Malviya argued that the crux of the case concerns agreements to supply 12 GW of power to the Solar Energy Corporation of India (SECI), contingent on SECI securing power purchase agreements with state electricity distribution companies (SDCs).

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News Network
November 11,2024

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Mangaluru: In a deeply tragic turn of events, a 28-year-old woman named Ranjitha, who had recently given birth but tragically lost her newborn, ended her life by suicide on Monday. She reportedly leapt from the fourth-floor window of Lady Goschen Hospital’s luggage room.

Ranjitha, whose strength and resilience had carried her through a difficult pregnancy, was scheduled for discharge on Monday. Her journey to Lady Goschen Hospital began on October 24, when she was transferred from Karkala. She was a high-risk patient, battling both hypertension and diabetes. At the time of her admission, she was just 27 weeks pregnant.

Due to the complexities of her health, doctors made the difficult decision to perform an emergency C-section on October 30. She delivered a baby girl, premature and weighing only 960 grams. The newborn was immediately moved to the Neonatal Intensive Care Unit, where doctors did all they could. Despite these efforts, the baby passed away on November 3.

Ranjitha’s sorrow was profound. She stayed under hospital care even after her initial recovery and was preparing to go home on November 9. She had even requested a couple more days at the hospital, seeking time perhaps to cope with her unimaginable grief.

On the day of her discharge, a discharge card ready and her family eagerly waiting to take her home, Ranjitha reportedly made her way to the luggage room in the early hours. There, standing on a cot placed for patients' family members, she climbed to a window and fell from the fourth floor. Despite the attempts of another visitor to intervene, tragedy was inevitable. She was rushed to Government Wenlock Hospital, where doctors confirmed the worst—she was no more.

Dr. Durgaparasad M R, the Medical Superintendent at Lady Goschen Hospital, shared his grief and spoke of the ongoing investigation. A post-mortem is to be conducted, and the local Tahsildar will complete the necessary inquest procedures. Ranjitha’s exact reasons for taking this step are yet to be confirmed, though the weight of her recent losses paints a sorrowful picture.

If you or anyone you know is struggling emotionally, please remember that help is available. Reach out to mental health experts who can provide support and guidance. The toll-free helpline number 9152987821 is available to assist anyone in distress.

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News Network
November 11,2024

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The Manipur Kuki MLAs have released a statement calling out Solicitor General Tushar Mehta's 'lies' in the Supreme Court. In a joint statement, the MLAs, including those from the Bharatiya Janata Party, said they had not had any meeting with the Chief Minister since May 3, 2023, nor did they intend to meet him in the future as “he was the mastermind behind the violence”.

As per the MLAs, the SG lied about state CM N Biren Singh speaking to Kuki MLAs to control the situation there, in order to halt a Supreme Court probe into the leaked tapes which allege that Singh has been complicit in the violence that broke out between Kukis and Meitis there.

"We...clarify that we have never had any meeting with Chief Minister, Shri N. Biren Singh since May 3, 2023, nor have any intention to meet him in future as he is the mastermind behind the violence and ethnic cleansing of our people from the Imphal valley, which is continuing till today, the latest being the brutal killing and burning of Mrs Zosangkim Hmar on November 7, 2024," the letter read, while condemning the recent 'barbaric' killing of the woman there, and noting the SG's assertion is 'tantamount' to misleading the top court.

“We, the undersigned ten MLAs, have come to know that during the Supreme Court hearing held on November 8, 2024, the Solicitor General of India submitted that ‘CM is meeting all Kuki MLAs and trying to bring the situation down to get peace’. In this connection, we hereby categorically state that this submission is a blatant lie and tantamount to misleading the Hon’ble Supreme Court of India,” the statement said.

The Supreme Court, while hearing a petition by a Kuki organisation, asked that it submit audio tapes to substantiate its claim that the Chief Minister was instrumental in inciting and organising violence in the northeastern State.

Solicitor-General Tushar Mehta orally informed the court that the Chief Minister was meeting all the Kuki-Zo MLAs and that peace in the State had come at a huge cost.

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