'New India' is rising, says Modi
Mumbai, June 26 : Prime Minister Narendra Modi on Tuesday said a "New India" was rising and that the Asian continent was at the centre of global economic activity.
Addressing the third annual Asian Infrastructure Investment Bank (AIIB) meeting, Modi said the emerging India was committed to an inclusive and sustainable growth in the region.
"The Indian story of economic resurgence closely mirrors that of many other parts of Asia. The continent finds itself at the centre of global economic activity and has become the growth engine of the world. In fact we are now living through what many term as the ‘Asian Century'.
"A ‘New India' is rising. It is an India that stands on the pillars of economic opportunity for all, knowledge economy, holistic development and futuristic, resilient and digital infrastructure," he said.
The Prime Minister called India one of the most investor-friendly countries with political stability and a regulatory framework that supports investment.
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Man arrested with Rs 2.54-crore heroin in Mumbai
Mumbai (PTI): Police have arrested a man and seized over 500 grams of heroin worth Rs 2.54 crore in the illicit market from him in Mumbai, officials said on Friday.
The police's Anti-Narcotics Cell (ANC) made the drug seizure in Santacruz in the western suburbs. The operation was conducted by the Kandivali unit of the ANC on Thursday as part of a special crackdown against drug trafficking in the area, they said.
Acting on specific inputs, an ANC team conducted a raid in Santacruz (East) and intercepted a man. During a search, the team recovered 508 grams of high-grade heroin from his possession, an official said.
The seized contraband, a highly addictive, opioid drug derived from morphine, is estimated to be worth Rs 2.54 crore in the international market, he informed.
Following the seizure, a case was registered against the man under relevant sections of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985, and he was formally placed under arrest in the early hours of Friday.
The police are currently investigating the source of the drug and trying to identify the intended recipients of the consignment, he said.
