US media showing one-sided perspective on Kashmir: Indian envoy
Washington: Some sections of the American media, especially the liberal media, is focussed on a perspective on Kashmir that has being "pushed forward" by those who are "inimical" to India's interest, the country's ambassador to the United States has said.
Harsh Vardhan Shringla said New Delhi's move to abrogate Jammu and Kashmir's special status last month and bifurcate it into Union territories was done for the "benefit" of the people.
In an interview to PTI, the top Indian diplomat called Article 370, which gave special status to the state, an "anachronistic provision" that was "stifling the economy and encouraging the inflow of Pakistani terrorism".
"Unfortunately, some of the media in the United States -- particularly the liberal media -- have, for reasons of their own, chosen not to provide this perspective, which is very important," Shringla said. "Instead (they have) focused on a perspective that has been pushed forward by those who are inimical to our interest."
Shringla said he and the Indian Embassy here had started a massive outreach to the members of the Congress, senators and the think-tank community about the factual positions on India.
According to the Indian ambassador, the recent changes in Kashmir would bring change for the better and in the interests of the residents of Jammu and Kashmir. It will help them get rights that have been "denied to them for many decades".
"That is the point of view that we are trying to bring across," said Shringla, who had posted a lengthy video on YouTube last week to reflect on the "real reasons" for changes in the status of Jammu and Kashmir.
"As we go along, this perspective -- with the restoration of services, more than 90 per cent of Jammu and Kashmir being free of any restrictions without any violence, without any shot being fired -- are important signals to the international community that a lot is being done in a manner that is in the best interest of the people of Jammu and Kashmir," he said.
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Rupee falls 5 paise to 90.22 against US dollar in early trade
Mumbai (PTI): The rupee weakened by 5 paise to 90.22 against the US dollar in early trade on Tuesday, amid a strengthening American currency, higher crude oil prices and incessant outflow of foreign funds.
An unprecedented geopolitical concern and global trade uncertainties have accelerated the dollar demand worldwide, adding strength to the greenback and putting pressure on the Indian currency, analysts said.
At the interbank foreign exchange, the rupee opened at 90.24 and gained slightly to trade at 90.22 against the greenback in early deals, registering a loss of 5 paise from its previous closing level.
On Monday, the rupee ended 1 paisa higher at 90.17 against the US dollar.
Meanwhile, the dollar index, which measures the strength of the greenback against a basket of six currencies, was trading 0.11 per cent higher at 98.73.
Brent crude, the global oil benchmark, was trading 0.28 per cent higher at USD 64.05 per barrel in futures trade.
Foreign institutional investors offloaded equities worth Rs 3,638.40 crore on Monday, according to exchange data.
On the domestic equity market front, the 30-share benchmark index Sensex rose 125.96 points or 0.15 per cent to 84,004.13, while the Nifty advanced 47.25 points or 0.18 per cent to 25,837.50.
Analysts attributed the buying trend in equities to the positive cues triggered by strong domestic macroeconomic numbers.
According to government data released on Monday, India's retail inflation rose to a three-month high of 1.33 per cent in December, mainly due to higher prices of food items, but remained below the Reserve Bank of India's lower tolerance level.
Also, the latest data from the Income Tax Department showed the government's net direct tax collection grew about 8.82 per cent to over Rs 18.38 lakh crore in the current fiscal till January 11 due to slower refunds and better corporate tax mop-up.
Net corporate tax collection grew 12.4 per cent to over Rs 8.63 lakh crore, and taxes from non-corporates, including individuals, rose 6.39 per cent to about Rs 9.30 lakh crore.
