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Vice Chairman of NITI Aayog Rajiv Kumar has termed the ongoing situation in financial sector as unprecedented and called for extraordinary steps to tackle it.

"This is an unprecedented situation for the government. In the last 70 years, we have not faced this sort of liquidity situation where the entire financial sector is in a churn, and nobody is trusting anybody else," Kumar said.

"Within the private sector, nobody wants to lend to anybody else. Everyone is sitting on cash," he said while speaking on Thursday at the Mindmine Summit 2019, the flagship event of the Hero Group.

Kumar said the government must do whatever it can to remove apprehensions of the private sector.

"The whole nature of the game has changed in the past four years after demonetisation, GST and IBC. In the earlier period, you had 10, 20, 30, 35 per cent of cash sloshing around which used to help people. That has become much less now," he said.&nbsp;
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Vice Chairman of NITI Aayog Rajiv Kumar has termed the ongoing situation in financial sector as unprecedented and called for extraordinary steps to tackle it. "This is an unprecedented situation for the government.

Vice Chairman of NITI Aayog Rajiv Kumar has termed the ongoing situation in financial sector as unprecedented and called for extraordinary steps to tackle it. "This is an unprecedented situation for the government. In the last 70 years, we have not faced this sort of liquidity situation where the entire financial sector is in a churn, and nobody is trusting anybody else," Kumar said. "Within the private sector, nobody wants to lend to anybody else. Everyone is sitting on cash," he said while speaking on Thursday at the Mindmine Summit 2019, the flagship event of the Hero Group. Kumar said the government must do whatever it can to remove apprehensions of the private sector. "The whole nature of the game has changed in the past four years after demonetisation, GST and IBC. In the earlier period, you had 10, 20, 30, 35 per cent of cash sloshing around which used to help people. That has become much less now," he said.

NITI Aayog VC calls for 'extraordinary' steps to tackle 'unprecedented' situation in financial sector

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Equity benchmark indices touched a five-month low during early hours on Friday amid sagging investor sentiment.

At 10:15 am, the BSE S&amp;P Sensex was down by 68 points at 36,405 while the Nifty 50 edged lower by 20 points to 10,721.

At the National Stock Exchange, sectoral indices were mixed with Nifty private banks down by 1.2 per cent and financial services by 0.9 per cent.

Among stocks, IndusInd Bank was down by 2.3 per cent, ICICI Bank by 2 per cent, Kotak Mahindra Bank by 1.4 per cent and HFDC Bank by 1.1 per cent. However, Yes Bank reversed its downward slide and moved up 7.2 per cent to Rs 60.40 per share.

The other prominent losers were pharma major Cipla, FMCG firm ITC, auto leaders Maruti and Eicher Motors, Bharti Infratel and Hindalco.

But UPL, Vedanta, Indiabulls Housing Finance and Coal India showed gains of over 2 per cent. Tata Motors, Tata Consultancy Services, Hero MotoCorp and HCL Tech too were in the positive zone.

Meanwhile, Asian shares struggled to make headway as uncertainty continued over how much the US Federal Reserve will cut interest rates.

MSCI's broadest index of Asia-Pacific shares outside Japan was 0.1 per cent higher. Japan's benchmark Nikkei added 0.3 per cent while Shanghai Composite Hong Kong's Hang Seng gained 0.5 per cent each.&nbsp;
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Equity benchmark indices touched a five-month low during early hours on Friday amid sagging investor sentiment. At 10:15 am, the BSE S&P Sensex was down by 68 points at 36,405 while the Nifty 50 edged lower by 20 points to 10,721.

Equity benchmark indices touched a five-month low during early hours on Friday amid sagging investor sentiment. At 10:15 am, the BSE S&P Sensex was down by 68 points at 36,405 while the Nifty 50 edged lower by 20 points to 10,721. At the National Stock Exchange, sectoral indices were mixed with Nifty private banks down by 1.2 per cent and financial services by 0.9 per cent. Among stocks, IndusInd Bank was down by 2.3 per cent, ICICI Bank by 2 per cent, Kotak Mahindra Bank by 1.4 per cent and HFDC Bank by 1.1 per cent. However, Yes Bank reversed its downward slide and moved up 7.2 per cent to Rs 60.40 per share. The other prominent losers were pharma major Cipla, FMCG firm ITC, auto leaders Maruti and Eicher Motors, Bharti Infratel and Hindalco. But UPL, Vedanta, Indiabulls Housing Finance and Coal India showed gains of over 2 per cent. Tata Motors, Tata Consultancy Services, Hero MotoCorp and HCL Tech too were in the positive zone. Meanwhile, Asian shares struggled to make headway as uncertainty continued over how much the US Federal Reserve will cut interest rates. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.1 per cent higher. Japan's benchmark Nikkei added 0.3 per cent while Shanghai Composite Hong Kong's Hang Seng gained 0.5 per cent each.

Equity indices open in red; Sensex, Nifty edge lower amid low investment

The rupee fell to its lowest in more than eight months on Friday morning tracking weakness in other regional currencies, while concerns over flagging domestic growth also weighed on sentiment.

Foreign portfolio outflows from the equity markets are also hurting the rupee.&nbsp;

By 0352 GMT, the partially convertible rupee was trading at 72.04/05 per dollar, its weakest level since December&nbsp;14.

Almost all Asian currencies were trading weaker against the dollar.&nbsp;

The rupee fell to its lowest in more than eight months on Friday morning tracking weakness in other regional currencies, while concerns over flagging domestic growth also weighed on sentiment.

The rupee fell to its lowest in more than eight months on Friday morning tracking weakness in other regional currencies, while concerns over flagging domestic growth also weighed on sentiment. Foreign portfolio outflows from the equity markets are also hurting the rupee. By 0352 GMT, the partially convertible rupee was trading at 72.04/05 per dollar, its weakest level since December 14. Almost all Asian currencies were trading weaker against the dollar.

Rupee hits 72 per dollar, weakest level since mid-December

The India Meteorological Department (IMD) on Friday said that Delhi and National Capital Region (NCR) are expected to witness light rain for the next three days.

However, as per weather predictions, these light showers will not have much impact on the overall temperature of the region as they would be short-lived.

The capital city of Uttar Pradesh- Lucknow is also witnessing on and off rains for quite some time now.&nbsp;

According to Skymet, a private weather forecasting agency, the region witnessed 66 mm of rains.&nbsp;

However, as of now, the rain showers have reduced in the region due to the formation of a low-pressure area and are now moving southwards towards Northeast Madhya Pradesh.

"Strong easterlies have been blowing over the region and with an abundance of moisture rainfall activity will be seen during the next three to four days. However, these rainfall activities are expected to be light only with isolated moderate showers during this time period," predicted Skymet.

Apart from Delhi-NCR and Lucknow, heavy to very heavy rainfall is very likely at isolated places over Odisha, Uttarakhand, East Uttar Pradesh, Madhya Pradesh, Chhattisgarh and Assam.

Thunderstorm accompanied with lightning is likely at isolated places over Jharkhand, Bihar and West Bengal and Sikkim.

Strong winds, speed reaching 45-55 kmph, are very likely to prevail over southwest Arabian Sea, southeast and central Bay of Bengal and Andaman and the Nicobar Islands.&nbsp;

The organisation has also advised fishermen not to venture into these areas for the next few days.&nbsp; 
&nbsp;

The India Meteorological Department (IMD) on Friday said that Delhi and National Capital Region (NCR) are expected to witness light rain for the next three days.

The India Meteorological Department (IMD) on Friday said that Delhi and National Capital Region (NCR) are expected to witness light rain for the next three days. However, as per weather predictions, these light showers will not have much impact on the overall temperature of the region as they would be short-lived. The capital city of Uttar Pradesh- Lucknow is also witnessing on and off rains for quite some time now. According to Skymet, a private weather forecasting agency, the region witnessed 66 mm of rains. However, as of now, the rain showers have reduced in the region due to the formation of a low-pressure area and are now moving southwards towards Northeast Madhya Pradesh. "Strong easterlies have been blowing over the region and with an abundance of moisture rainfall activity will be seen during the next three to four days. However, these rainfall activities are expected to be light only with isolated moderate showers during this time period," predicted Skymet. Apart from Delhi-NCR and Lucknow, heavy to very heavy rainfall is very likely at isolated places over Odisha, Uttarakhand, East Uttar Pradesh, Madhya Pradesh, Chhattisgarh and Assam. Thunderstorm accompanied with lightning is likely at isolated places over Jharkhand, Bihar and West Bengal and Sikkim. Strong winds, speed reaching 45-55 kmph, are very likely to prevail over southwest Arabian Sea, southeast and central Bay of Bengal and Andaman and the Nicobar Islands. The organisation has also advised fishermen not to venture into these areas for the next few days.

Delhi-NCR to witness light rain during the weekend

The Supreme Court today is all set to hear the bail plea of Congress leader and former finance minister P Chidambaram, who is held&nbsp;<a href="https://www.wionews.com/india-news/inx-media-case-cbi-court-orders-5-day-custody-for-chidambaram-244846">under the&nbsp;CBI custody till August 26</a>.

The plea was filed by Chidambaram challenging the Delhi High Court verdict of&nbsp;August 20 that dismissed his <a href="https://www.wionews.com/india-news/no-immediate-relief-for-p-chidambaram-his-plea-against-arrest-referred-to-chief-justice-of-india-244564">anticipatory bail plea</a> in the INX Media case.

The CBI court on Thursday ordered 5-day custody for Chidambaram who is accused in the INX media case.&nbsp;

During his remand with the CBI, Chidambaram will be allowed to meet with his lawyers and family members for 30 minutes every day. &nbsp;

Meanwhile, Chidambaram's bail petition against the Enforcement Directorate will be heard by the Supreme Court on August 27.

The CBI court on Thursday began hearing the matter Chidambaram's bail plea at Rouse Avenue District Court in New Delhi.&nbsp;

Chidambaram was arrested in the INX media case on Wednesday night after he failed to get relief from the Supreme Court over CBI and ED's pursuit of him as the matter was not heard by the court despite repeated efforts of his lawyers.

Chidambaram's arrest became an intense political drama as CBI officials had to climb the wall of his residence to get inside his home.&nbsp;

The Supreme Court today is all set to hear the bail plea of Congress leader and former finance minister P Chidambaram, who is held under the CBI custody till August 26.

The Supreme Court today is all set to hear the bail plea of Congress leader and former finance minister P Chidambaram, who is held under the CBI custody till August 26. The plea was filed by Chidambaram challenging the Delhi High Court verdict of August 20 that dismissed his anticipatory bail plea in the INX Media case. The CBI court on Thursday ordered 5-day custody for Chidambaram who is accused in the INX media case. During his remand with the CBI, Chidambaram will be allowed to meet with his lawyers and family members for 30 minutes every day. Meanwhile, Chidambaram's bail petition against the Enforcement Directorate will be heard by the Supreme Court on August 27. The CBI court on Thursday began hearing the matter Chidambaram's bail plea at Rouse Avenue District Court in New Delhi. Chidambaram was arrested in the INX media case on Wednesday night after he failed to get relief from the Supreme Court over CBI and ED's pursuit of him as the matter was not heard by the court despite repeated efforts of his lawyers. Chidambaram's arrest became an intense political drama as CBI officials had to climb the wall of his residence to get inside his home.

INX Media case: Supreme Court to hear P Chidambaram's bail plea today

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Uttar Pradesh Chief Minister Yogi Adityanath Thursday allocated portfolios to the newly sworn-in ministers of his cabinet while also making changes to the departments held by other members of his cabinet.

Following the recent reshuffles, minister Sidharth Nath Singh has been given the charge of Khadi and Village Industries Department whereas the charge of Medical and Health Department was allocated to Jai Pratap Singh, who will also held the charge Women, Child and Family Welfare.

UP lawmaker Ashutosh Tandon has been bestowed with the charge of Urban Development Ministry whereas state's finance minister and senior cabinet member Suresh Khanna has also been allocated with Parliament Affairs and Medical Education ministries.

As per government notification, Uttar Pradesh energy minister Shrikant Sharma will be continuing with his existing portfolio.

Following allocation and re-allocation of ministries, Chief Minister Adityanath has kept 37 departments with himself including home ministry, flood control and protocol.

Uttar Pradesh Deputy Chief Minister Keshav Prasad Maurya will be holding the charge of Public Works Department, Food Processing, Entertainment Tax, and Public Enterprises Ministry.

The Secondary Education Ministry has been allocated to Gulab Devi and Satish Mahana will continue to look after the Industrial Development Ministry.

Uttar Pradesh government's cabinet expansion had taken place on Wednesday which was the first cabinet rejig by Chief Minister Yogi Adityanath since storming to power in 2017.

The swearing-in ceremony of the new ministers was held at the Raj Bhawan. Out of the 23, a total of six MLAs have been given the rank of Cabinet ministers.&nbsp;
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Uttar Pradesh Chief Minister Yogi Adityanath Thursday allocated portfolios to the newly sworn-in ministers of his cabinet while also making changes to the departments held by other members of his cabinet.

Uttar Pradesh Chief Minister Yogi Adityanath Thursday allocated portfolios to the newly sworn-in ministers of his cabinet while also making changes to the departments held by other members of his cabinet. Following the recent reshuffles, minister Sidharth Nath Singh has been given the charge of Khadi and Village Industries Department whereas the charge of Medical and Health Department was allocated to Jai Pratap Singh, who will also held the charge Women, Child and Family Welfare. UP lawmaker Ashutosh Tandon has been bestowed with the charge of Urban Development Ministry whereas state's finance minister and senior cabinet member Suresh Khanna has also been allocated with Parliament Affairs and Medical Education ministries. As per government notification, Uttar Pradesh energy minister Shrikant Sharma will be continuing with his existing portfolio. Following allocation and re-allocation of ministries, Chief Minister Adityanath has kept 37 departments with himself including home ministry, flood control and protocol. Uttar Pradesh Deputy Chief Minister Keshav Prasad Maurya will be holding the charge of Public Works Department, Food Processing, Entertainment Tax, and Public Enterprises Ministry. The Secondary Education Ministry has been allocated to Gulab Devi and Satish Mahana will continue to look after the Industrial Development Ministry. Uttar Pradesh government's cabinet expansion had taken place on Wednesday which was the first cabinet rejig by Chief Minister Yogi Adityanath since storming to power in 2017. The swearing-in ceremony of the new ministers was held at the Raj Bhawan. Out of the 23, a total of six MLAs have been given the rank of Cabinet ministers.

CM Yogi Adityanath allocates portfolios after cabinet reshuffle

Amid <a href="https://www.wionews.com/entertainment/akshay-kumar-alia-bhatt-and-other-b-town-stars-raise-their-voice-for-amazon-forest-fires-244855">growing international criticism</a> over the wildfires raging through the Amazon, Brazilian President Jair Bolsonaro on Thursday admitted farmers could be illegally <a href="https://www.wionews.com/world/forest-fires-in-brazil-surge-as-deforestation-accelerates-244571">setting the rainforest ablaze</a> but told foreign powers not to interfere.

French President Emmanuel Macron and United Nations Secretary General António Guterres both took to Twitter to express concern about the fires that have reached a record number this year, devastating vast swathes of forest considered a vital bulwark against climate change.

Bolsonaro responded angrily to what he regarded as meddling.

"These countries that send money here, they don`t send it out of charity. ... They send it with the aim of interfering with our sovereignty," he said in a Facebook Live broadcast.

But earlier on Thursday, he said that Brazil alone lacked the resources to control the fires.

"The Amazon is bigger than Europe, how will you fight criminal fires in such an area?" he asked reporters as he left the presidential residence. "We do not have the resources for that."

Fires in the Amazon have surged 83 per cent so far this year compared with the same period a year earlier, government figures show.&nbsp;

Although fires are a regular and natural occurrence during the dry season at this time of year, environmentalists blamed the sharp rise on farmers setting the forest alight to clear land for pasture.

Farmers may have had at least tacit encouragement from the firebrand right-wing president, who took power in January. Bolsonaro has repeatedly said he believes Brazil should open the Amazon up to business interests, to allow mining, agricultural and logging companies to exploit its natural resources.

On Wednesday, he blamed non-governmental organizations for setting the fires, without providing evidence. He appeared to row back on Thursday, when he said for the first time that farmers could be behind the fires.

Ad for "Fire day"

Macron took to Twitter to call the Amazon fires an "international crisis" that should be discussed by the G7 summit that will begin on Saturday in Biarritz, France. The Group of Seven rich countries does not include Brazil.

Guterres said he was "deeply concerned" by the fires, adding, "We cannot afford more damage to a major source of oxygen and biodiversity."&nbsp;

Federal prosecutors in Brazil said they were investigating a spike in deforestation and wildfires raging in the Amazon state of Pará to determine whether there has been reduced monitoring and enforcement of environmental protections.

Prosecutors said they would look into an ad that they said was published in a local newspaper encouraging farmers to participate in a "Fire Day," in which they would burn large areas of forest "to show Bolsonaro their willingness to work."&nbsp;

Colombia, home to part of the northern Amazon, on Thursday offered its support in the fight to protect the forest.

"Colombian authorities are already working to contain the propagation of these fires toward Colombian territory and we are willing to collaborate with our neighbours in this common cause," the Foreign Ministry said in a statement.

Brazil is facing growing international criticism over its handling of the Amazon, 60% of which lies in the country.&nbsp;

Earlier this month, Norway and Germany suspended funding for projects to curb deforestation in Brazil after becoming alarmed by changes to the way projects were selected under Bolsonaro.

At the time, when asked about the loss of German funding, Bolsonaro said, "Brazil does not need that."

Others were less sanguine.

Brazil`s lower house speaker, Rodrigo Maia, said on Twitter he would create "an external committee" to monitor the burning of the rainforest, and he vowed to form a group "to evaluate the situation and propose solutions to the government."&nbsp;

The Bishops Conference for Latin America expressed concern about the "tragedy," and on Thursday called on countries to take immediate action to protect the rainforest and nearby communities.

"We urge the governments of the Amazon countries, especially Brazil and Bolivia, the United Nations and the international community to take serious measures to save the world`s lungs," it said.

Wildfires are also raging in Bolivia, where officials estimate that an area the size of the US state of Delaware has burned in recent days.

Amid growing international criticism over the wildfires raging through the Amazon, Brazilian President Jair Bolsonaro on Thursday admitted farmers could be illegally setting the rainforest ablaze but told foreign powers not to interfere.

Amid growing international criticism over the wildfires raging through the Amazon, Brazilian President Jair Bolsonaro on Thursday admitted farmers could be illegally setting the rainforest ablaze but told foreign powers not to interfere. French President Emmanuel Macron and United Nations Secretary General António Guterres both took to Twitter to express concern about the fires that have reached a record number this year, devastating vast swathes of forest considered a vital bulwark against climate change. Bolsonaro responded angrily to what he regarded as meddling. "These countries that send money here, they don`t send it out of charity. ... They send it with the aim of interfering with our sovereignty," he said in a Facebook Live broadcast. But earlier on Thursday, he said that Brazil alone lacked the resources to control the fires. "The Amazon is bigger than Europe, how will you fight criminal fires in such an area?" he asked reporters as he left the presidential residence. "We do not have the resources for that." Fires in the Amazon have surged 83 per cent so far this year compared with the same period a year earlier, government figures show. Although fires are a regular and natural occurrence during the dry season at this time of year, environmentalists blamed the sharp rise on farmers setting the forest alight to clear land for pasture. Farmers may have had at least tacit encouragement from the firebrand right-wing president, who took power in January. Bolsonaro has repeatedly said he believes Brazil should open the Amazon up to business interests, to allow mining, agricultural and logging companies to exploit its natural resources. On Wednesday, he blamed non-governmental organizations for setting the fires, without providing evidence. He appeared to row back on Thursday, when he said for the first time that farmers could be behind the fires. Ad for "Fire day" Macron took to Twitter to call the Amazon fires an "international crisis" that should be discussed by the G7 summit that will begin on Saturday in Biarritz, France. The Group of Seven rich countries does not include Brazil. Guterres said he was "deeply concerned" by the fires, adding, "We cannot afford more damage to a major source of oxygen and biodiversity." Federal prosecutors in Brazil said they were investigating a spike in deforestation and wildfires raging in the Amazon state of Pará to determine whether there has been reduced monitoring and enforcement of environmental protections. Prosecutors said they would look into an ad that they said was published in a local newspaper encouraging farmers to participate in a "Fire Day," in which they would burn large areas of forest "to show Bolsonaro their willingness to work." Colombia, home to part of the northern Amazon, on Thursday offered its support in the fight to protect the forest. "Colombian authorities are already working to contain the propagation of these fires toward Colombian territory and we are willing to collaborate with our neighbours in this common cause," the Foreign Ministry said in a statement. Brazil is facing growing international criticism over its handling of the Amazon, 60% of which lies in the country. Earlier this month, Norway and Germany suspended funding for projects to curb deforestation in Brazil after becoming alarmed by changes to the way projects were selected under Bolsonaro. At the time, when asked about the loss of German funding, Bolsonaro said, "Brazil does not need that." Others were less sanguine. Brazil`s lower house speaker, Rodrigo Maia, said on Twitter he would create "an external committee" to monitor the burning of the rainforest, and he vowed to form a group "to evaluate the situation and propose solutions to the government." The Bishops Conference for Latin America expressed concern about the "tragedy," and on Thursday called on countries to take immediate action to protect the rainforest and nearby communities. "We urge the governments of the Amazon countries, especially Brazil and Bolivia, the United Nations and the international community to take serious measures to save the world`s lungs," it said. Wildfires are also raging in Bolivia, where officials estimate that an area the size of the US state of Delaware has burned in recent days.

As Amazon burns, Brazil's Jair Bolsonaro tells rest of world not to interfere

Andhra Pradesh Tourism Minister M Srinivasa Rao said that as many as 10 MLAs from the TDP are ready to join the ruling YSRCP if Chief Minister YS Jagan Mohan Reddy accepts them.

"Four Rajya Sabha MP`s joined the BJP from TDP. If Jagan accepts, 10 TDP MLAs are ready to join YSRCP," Srinivasa Rao said in Visakhapatnam.

He further lashed out at former chief minister N Chandrababu Naidu for his allegation that the floods were "artificial" (man-made) and that the state government was conspiring to drown his house located on the banks of the Krishna River.

"Chandrababu has invented a new word - artificial floods. If Chandrababu can create artificial floods, we are requesting you to send floods to Visakhapatnam and Vizianagaram, where there are no rains," he said.

Following incessant rains in several parts of Andhra Pradesh, Deputy Tehsildar of Tadepalli village had earlier served a notice to Naidu to vacate his house.

On Andhra Pradesh minister Botsa Satyanarayana`s recent comments on Amaravati, Srinivasa Rao said, "Botsa didn`t say to change the capital city of Amaravati. He said expenditures are increasing in Amaravati when it is compared with other places. Capital city Amaravati is in the flood-prone area. That is why it is taking much more money to construct buildings there. People money is being wasted."

BJP Rajya Sabha MP Srujuna Chaudhary had earlier alleged that Jagan Mohan Reddy was taking revenge from his predecessor Chandrababu Naidu.&nbsp;

"He (Jagan) is using his power to take revenge from Opposition party leader Chandrababu Naidu. He should abandon his personal enmity (with TDP chief) and focus on governing the state," Chaudhary said.

On this, Srinivasa Rao said, "Srujuna is always giving support to Chandrababu against YSRCP government. The government just came two months ago. It will take time to resolve all the problems. That is why Jagan stopped tenders of Polavaram and Amaravati. The government will filter corrupt persons."&nbsp;

Andhra Pradesh Tourism Minister M Srinivasa Rao said that as many as 10 MLAs from the TDP are ready to join the ruling YSRCP if Chief Minister YS Jagan Mohan Reddy accepts them.

Andhra Pradesh Tourism Minister M Srinivasa Rao said that as many as 10 MLAs from the TDP are ready to join the ruling YSRCP if Chief Minister YS Jagan Mohan Reddy accepts them. "Four Rajya Sabha MP`s joined the BJP from TDP. If Jagan accepts, 10 TDP MLAs are ready to join YSRCP," Srinivasa Rao said in Visakhapatnam. He further lashed out at former chief minister N Chandrababu Naidu for his allegation that the floods were "artificial" (man-made) and that the state government was conspiring to drown his house located on the banks of the Krishna River. "Chandrababu has invented a new word - artificial floods. If Chandrababu can create artificial floods, we are requesting you to send floods to Visakhapatnam and Vizianagaram, where there are no rains," he said. Following incessant rains in several parts of Andhra Pradesh, Deputy Tehsildar of Tadepalli village had earlier served a notice to Naidu to vacate his house. On Andhra Pradesh minister Botsa Satyanarayana`s recent comments on Amaravati, Srinivasa Rao said, "Botsa didn`t say to change the capital city of Amaravati. He said expenditures are increasing in Amaravati when it is compared with other places. Capital city Amaravati is in the flood-prone area. That is why it is taking much more money to construct buildings there. People money is being wasted." BJP Rajya Sabha MP Srujuna Chaudhary had earlier alleged that Jagan Mohan Reddy was taking revenge from his predecessor Chandrababu Naidu. "He (Jagan) is using his power to take revenge from Opposition party leader Chandrababu Naidu. He should abandon his personal enmity (with TDP chief) and focus on governing the state," Chaudhary said. On this, Srinivasa Rao said, "Srujuna is always giving support to Chandrababu against YSRCP government. The government just came two months ago. It will take time to resolve all the problems. That is why Jagan stopped tenders of Polavaram and Amaravati. The government will filter corrupt persons."

10 TDP MLAs ready to join YSRCP if Jagan accepts: Andhra Pradesh minister

An Indian Army soldier lost his life in the unprovoked firing by Pakistan along the Line of Control (LoC) in the Naushera sector on Friday.

The deceased was a Gorkha Rifles soldier.

This is the third Indian casualty since August 17 in the unprovoked ceasefire violations by Pakistan along the LoC.&nbsp;

On August 20, Naik Ravi Ranjan Kumar Singh had lost his life in the ceasefire violation in the Krishna Ghati sector.

On August 17, Lance Naik Sandeep Thapa had lost his life in the unprovoked firing by Pakistan in Nowshera sector of Rajouri district.&nbsp;

An Indian Army soldier lost his life in the unprovoked firing by Pakistan along the Line of Control (LoC) in the Naushera sector on Friday. The deceased was a Gorkha Rifles soldier.

An Indian Army soldier lost his life in the unprovoked firing by Pakistan along the Line of Control (LoC) in the Naushera sector on Friday. The deceased was a Gorkha Rifles soldier. This is the third Indian casualty since August 17 in the unprovoked ceasefire violations by Pakistan along the LoC. On August 20, Naik Ravi Ranjan Kumar Singh had lost his life in the ceasefire violation in the Krishna Ghati sector. On August 17, Lance Naik Sandeep Thapa had lost his life in the unprovoked firing by Pakistan in Nowshera sector of Rajouri district.

Jammu and Kashmir: Army soldier killed in ceasefire violation by Pakistan

PM Modi meets Macron ahead of G7 summit

The India Meteorological Department (IMD) on Wednesday said that isolated places over East Rajasthan, East Uttar Pradesh, West Madhya Pradesh, Chhattisgarh are likely to receive heavy rainfall in next 24-hours.

In its All India Weather Warning bulletin, the weather forecasting agency also added that regions such as Odisha, Marathawada, Coastal and South Interior Karnataka, Coastal Andhra Pradesh and Yanam, Tamil Nadu, Puducherry, Karaikal, Kerala and Mahe are also likely to witness heavy downpour today.

Thunderstorm accompanied by lightning is very likely at isolated places over Bihar, Jharkhand and Odisha. Strong winds, speed reaching 45-55 kmph, are very likely to prevail over southwest Arabian Sea and the southwest Bay of Bengal.

The organisation has advised fishermen not to venture into these areas for the next few days.&nbsp;

The India Meteorological Department (IMD) on Wednesday said that isolated places over East Rajasthan, East Uttar Pradesh, West Madhya Pradesh, Chhattisgarh are likely to receive heavy rainfall in next 24-hours.

The India Meteorological Department (IMD) on Wednesday said that isolated places over East Rajasthan, East Uttar Pradesh, West Madhya Pradesh, Chhattisgarh are likely to receive heavy rainfall in next 24-hours. In its All India Weather Warning bulletin, the weather forecasting agency also added that regions such as Odisha, Marathawada, Coastal and South Interior Karnataka, Coastal Andhra Pradesh and Yanam, Tamil Nadu, Puducherry, Karaikal, Kerala and Mahe are also likely to witness heavy downpour today. Thunderstorm accompanied by lightning is very likely at isolated places over Bihar, Jharkhand and Odisha. Strong winds, speed reaching 45-55 kmph, are very likely to prevail over southwest Arabian Sea and the southwest Bay of Bengal. The organisation has advised fishermen not to venture into these areas for the next few days.

IMD issues heavy rainfall alert for Rajasthan, Uttar Pradesh

Bangladesh on Wednesday called the abrogation of Article 370 in Jammu and Kashmir as&nbsp;an internal matter of India.

The country's Minister for Foreign Affairs said, "Bangladesh maintains that Article 370's abrogation by Indian Government is an internal issue of India. Bangladesh has always advocated, as matter of principle, that maintaining regional peace and stability, and development should be a priority for all countries."

So far, <a href="https://www.wionews.com/india-news/russia-backs-india-on-abrogation-of-article-370-in-jammu-and-kashmir-241948">Russia</a>, Maldives, United Arab Emirates, Sri Lanka, Thailand, Bhutan, Malaysia and Saudi Arabia, US, UN have <a href="https://www.wionews.com/india-news/article-370-after-uae-and-srilanka-now-maldives-back-indian-governments-move-241339">reacted to India's decision on Kashmir</a>.

The Maldives which is the member of the organisation of Islamic Cooperation was the first neighbouring country to back New Delhi.

While Maldives, UAE, Sri Lanka, Bhutan and Thailand have called it an internal matter of India, Saudi and Malaysia have said that India and Pakistan should settle the issues peacefully.

Backing India's decision to revoke the special status for Jammu and Kashmir and bifurcating into two Union Territories, Russia had said earlier, "Change in the status of the state of Jammu and Kashmir and its division into two union territories are carried out within the framework of the Constitution of the Republic of India".

Sri Lankan Prime Minister Ranil Wickramasinghe also welcomed the creation of "Ladakh state" which he said will be the first Indian state with a Buddhist majority.&nbsp;

The UAE Ambassador Ahmad Al Banna said his country has taken note of the Indian government`s decision to abrogate Article 370 that gave special status to Jammu and Kashmir and added that it was India`s internal matter aimed at improving efficiency.

"We also took note of the introduction of Jammu and Kashmir Reorganisation Bill in the Indian Parliament aimed at replacing Article 370 with the creation of Ladakh region and the state of Jammu and Kashmir as India`s two new Union Territories," he said.

India abrogated Article 370 which accorded a special status to Jammu and Kashmir after a resolution regarding the same was passed in both houses of the Parliament.

The Jammu and Kashmir (Reorganisation) Bill 2019 was also passed. It strips Jammu and Kashmir's status of a state, converting it into two Union Territories — namely Jammu and Kashmir (with a legislature) and Ladakh (without legislature).

Bangladesh on Wednesday called the abrogation of Article 370 in Jammu and Kashmir as an internal matter of India. The country's Minister for Foreign Affairs said, "Bangladesh maintains that Article 370's abrogation by Indian Government is an internal issue of India.

Bangladesh on Wednesday called the abrogation of Article 370 in Jammu and Kashmir as an internal matter of India. The country's Minister for Foreign Affairs said, "Bangladesh maintains that Article 370's abrogation by Indian Government is an internal issue of India. Bangladesh has always advocated, as matter of principle, that maintaining regional peace and stability, and development should be a priority for all countries." So far, Russia, Maldives, United Arab Emirates, Sri Lanka, Thailand, Bhutan, Malaysia and Saudi Arabia, US, UN have reacted to India's decision on Kashmir. The Maldives which is the member of the organisation of Islamic Cooperation was the first neighbouring country to back New Delhi. While Maldives, UAE, Sri Lanka, Bhutan and Thailand have called it an internal matter of India, Saudi and Malaysia have said that India and Pakistan should settle the issues peacefully. Backing India's decision to revoke the special status for Jammu and Kashmir and bifurcating into two Union Territories, Russia had said earlier, "Change in the status of the state of Jammu and Kashmir and its division into two union territories are carried out within the framework of the Constitution of the Republic of India". Sri Lankan Prime Minister Ranil Wickramasinghe also welcomed the creation of "Ladakh state" which he said will be the first Indian state with a Buddhist majority. The UAE Ambassador Ahmad Al Banna said his country has taken note of the Indian government`s decision to abrogate Article 370 that gave special status to Jammu and Kashmir and added that it was India`s internal matter aimed at improving efficiency. "We also took note of the introduction of Jammu and Kashmir Reorganisation Bill in the Indian Parliament aimed at replacing Article 370 with the creation of Ladakh region and the state of Jammu and Kashmir as India`s two new Union Territories," he said. India abrogated Article 370 which accorded a special status to Jammu and Kashmir after a resolution regarding the same was passed in both houses of the Parliament. The Jammu and Kashmir (Reorganisation) Bill 2019 was also passed. It strips Jammu and Kashmir's status of a state, converting it into two Union Territories — namely Jammu and Kashmir (with a legislature) and Ladakh (without legislature).

Abrogation of Article 370 is internal matter of India: Bangladesh

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