New Delhi: Congress MP Shashi Tharoor has once again stirred internal unease within his party after publicly highlighting and appreciating key points from Prime Minister Narendra Modi’s recent address at a private event in the capital.
In a post on social media, Tharoor said the Prime Minister focused on India’s “constructive impatience for development” and described the country as moving from an “emerging market” to an “emerging model” in global discourse. Modi, according to Tharoor, spoke about India’s economic resilience through the pandemic and the Ukraine war, while also calling for a revival of traditional knowledge systems by dismantling what he termed a colonial mindset in education.
Modi also proposed a 10-year national mission aimed at strengthening pride in India’s heritage, languages and indigenous intellectual traditions, urging citizens to remain “restless for progress,” Tharoor noted.
The MP, who was seated between former Congress leader Ghulam Nabi Azad and BJP leader Ravi Shankar Prasad during the programme, described the Prime Minister’s speech as “an economic outlook and a cultural call to action.” He remarked that Modi’s criticism of Western-style education referred to the legacy of Thomas Babington Macaulay, whose policies replaced traditional Indian knowledge systems during British rule.
Tharoor’s latest comments are expected to intensify discomfort in the Congress ranks, where he has often been viewed with suspicion for praising Modi on select occasions. His earlier remarks lauding the Prime Minister’s crisis management and calling him a “prime asset for India” have repeatedly sparked speculation of a shift towards the BJP, something he has consistently denied.
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Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.
At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.
On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.
Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.
Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.
"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
