Union Minister Mukhtar Abbas Naqvi quotes Urdu poet Allama Iqbal to call Lord Ram "Imam-e-Hind"
New Delhi: The Ram Janmabhoomi, Ayodhya debate once again resurfaced in the national media amidst the Coronavirus pandemic Ram Janmabhoomi Teertha Kshetra Trust invited PM Modi to lay the foundation stone of Ram Temple in Ayodhya on August 3 or 5.
Amidst this, Senior BJP leader Mukhtar Abbas Naqvi, who is also the Union Minister of Minority Affairs in PM Narendra Modi led union cabinet, on Monday quoted one of the poems of prominent Urdu poet Allama Iqbal to term Lord Ram as “Imam-e-Hind” (Meaning: Leader of the country).
Naqvi took to twitter and posted three lines from a poem of Allama Iqbal, titled "Ram", written in praise of Lord Ram. In the poem, the poet has penned lines that glorify Lord Ram adding that his existence has glorified India globally. The poem further calls Ram as “Imam-e-Hind”.
The tweet, within minutes of posting, received a mixed response from the users. While some praised Lord Ram with comments of “Jai Shri Ram” others slammed the minister and called on the government to focus on fighting the COVID-19 pandemic. The users also asserted that the government needs to get their priorities in place and the agenda of development, instead of communal/divisive politics should be on top of the government’s agendas.
मशहूर जिनके दम से है दुनिया में नाम ए हिन्द।
— Mukhtar Abbas Naqvi (@naqvimukhtar) July 20, 2020
है राम के वजूद पे हिन्दोस्ताँ को नाज़।।
अहल ए नज़र समझते हैं इनको इमाम ए हिन्द।।।,??????अल्लामा इक़बाल
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
RBI does not target any band for rupee, allows it to find its own level: Guv Malhotra
Mumbai (PTI): Reserve Bank Governor Sanjay Malhotra on Friday said the central bank does not target any band for the rupee in the forex market, and allows the domestic currency to find its own correct level.
The governor's statement came at a time when the rupee breached the 90-mark against the US dollar, and is hovering near that level.
"We don't target any price levels or any bands. We allow the markets to determine the prices. We believe that markets, especially in the long run, are very efficient. It's a very deep market," he said while replying to a question on rupee depreciation at a post-monetary policy press meet.
Malhotra said fluctuations in the market keep taking place, and the effort of the RBI is always to reduce any abnormal or excessive volatility.
"And that is what we will continue to endeavour," he added.
In its bi-monthly monetary policy, the RBI announced three-year USD/INR Buy Sell swaps of USD 5 billion this month.
When asked if the USD-INR swap is aimed at checking rupee depreciation, Malhotra said, "It is a liquidity measure. It is not to support the rupee".
Stressing that RBI does not target any level of rupee against the US dollar, he said the central bank allows "the rupee find its correct position, correct level".
The governor further said the country has sufficient foreign exchange reserves and the current account is manageable, and given the strong fundamentals of the economy, the country should witness good capital flows going forward.
Foreign portfolio investment (FPI) to India recorded a net outflow of USD 0.7 billion in 2025-26, so far (April-December 03), due to unabated withdrawal from the equity segment.
Flows under external commercial borrowings and non-resident deposit accounts moderated compared to the last year.
As of November 28, 2025, India's foreign exchange reserves stood at USD 686.2 billion, providing a robust import cover of more than 11 months.
The governor further said that, having reduced the policy rate (repo) by 25 basis points, the focus will now be on transmission of the rate cut to the real economy.
According to the RBI's November bulletin, the depreciation of the rupee in October was due to a stronger dollar, following the US Fed's policy announcement to lower the Federal funds rate.
Nevertheless, strong fundamentals, such as stable inflation, a resilient growth outlook for the Indian economy, a narrower current account deficit, steady services exports, robust private remittances, and robust foreign exchange reserves, have contributed to the rupee being the least volatile among emerging market and developing economies.
The rupee has performed better than the Euro, and its depreciation has been in line with that of other currencies, such as the Japanese Yen and the Korean Won (for April to November 2025-26).
The central bank has announced various measures over the last 3 years to diversify and expand the sources of foreign exchange funding, aiming to mitigate exchange rate volatility and dampen global spillovers.
The RBI bi-monthly policy in October had announced some measures to enhance the use of the rupee in international trade.
