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Lalu Prasad Yadav criticises PM Modi’s Bihar visit

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Patna, Feb 24: Rashtriya Janata Dal (RJD) Chief Lalu Prasad Yadav criticised Prime Minister Narendra Modi’s visit to Bihar, suggesting that it is politically motivated ahead of the upcoming Assembly elections.

In a social media post, Yadav stated, “The Prime Minister is in Bihar today, so there will be a shower of lies and statements in Bihar. It is an election year, so to confuse people, the foundation stone and inauguration of the central government’s schemes across the country will now be done from Bihar in a sham form, but Bihar will not get anything.”

During his visit to Bhagalpur, Prime Minister Modi released the 19th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, providing financial assistance to farmers nationwide and around 77 lakh farmers of Bihar will also benefit from it.

The event drew significant attendance, including Bihar Chief Minister Nitish Kumar and approximately 500,000 farmers.

In response to Lalu Prasad Yadav’s remarks, Janata Dal (United) spokesperson Neeraj Kumar defended the Prime Minister’s visit, emphasising the developmental initiatives undertaken by the “double engine” government in Bihar.

He dismissed Yadav’s comments as baseless, asserting that the people of Bihar are aware of the progress made under the current administration referring to the collaboration between the state and central administrations.

He said that such progress is unsettling for the opposition, leading them to make “fact-less statements.” Kumar also pointed out that Lalu Prasad Yadav, due to his legal convictions, is barred from contesting elections and has been politically side-lined, implying that his criticisms may not hold substantial weight.

“Lalu Prasad Yadav, who was politically house arrest by his son Tejashwi Yadav and not allowed to go into Karyakarta Darshan Sah Samvad Yatra. He was not allowed to contest elections due to a conviction by a court of law and he is reacting to the Prime Minister’s visit,” Kumar said.

Business

Foreign investors infuse Rs 8,500 crore into Indian equities this week

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Mumbai, April 19: Foreign investors have once again turned their attention to Indian equities, pumping in around Rs 8,500 crore during the week, as per the latest National Securities Depository Limited (NSDL) data.

The inflows came in during just three trading sessions — Tuesday, Wednesday, and Thursday — as stock markets remained closed on Monday and Friday due to public holidays.

This marks a positive turnaround after months of consistent selling by foreign institutional investors (FIIs) in the equity segment. Their return helped the markets end the week on a strong note.

Both the Indian equity indices wrapped up the week on a strong recovery by surging over 4.5 per cent — driven by positive signals from both domestic and global factors.

The rally was primarily fuelled by optimism surrounding the deferral of tariffs and recent exemptions on select products, raising hopes for potential negotiations that could mitigate the impact on global trade.

A key reason behind this fresh wave of investment is the weakening of the US dollar. As the dollar slips and currencies like the Indian rupee gain strength, global investors find it more attractive to move funds from the US to emerging markets like India.

While these inflows bring temporary relief to the markets, analysts say the coming weeks will be crucial.

“Investors will be watching closely to see whether this positive trend continues or if global factors once again influence foreign investment in Indian stocks,” experts noted.

As per market experts, in the coming week, market participants will closely watch the quarterly earnings of major companies like Infosys, HDFC Bank, and ICICI Bank.

Other key players, including HCL Technologies, Axis Bank, Hindustan Unilever and Maruti Suzuki India are also set to release their financial results.

Meanwhile, the expiry of the April derivatives series could add to market volatility. On the global front, any developments related to tariffs and their potential impact on international markets will also be closely tracked, the experts mentioned.

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National News

Uddhav and Raj Thackeray hint at unity to safeguard Maha interests and Marathi language

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Mumbai, April 19: In a significant development, estranged cousins Uddhav Thackeray and Raj Thackeray on Saturday signalled a willingness to set aside their past differences and unite for the larger cause of protecting Maharashtra’s interests and preserving the Marathi language.

Uddhav Thackeray, who leads the Shiv Sena (UBT), and Raj Thackeray, founder of the Maharashtra Navnirman Sena (MNS), voiced strong opposition to the MahaYuti government’s decision to make Hindi a compulsory subject from Classes 1 to 5 in Marathi and English-medium schools.

Both leaders, speaking on separate platforms, suggested they were open to collaboration on issues crucial to the state’s identity and culture — particularly at a time when Marathi has been granted classical language status by the BJP-led central government.

In an interview with actor-director Mahesh Manjrekar, Raj Thackeray said, “The disputes and fights between Uddhav and me are minor — Maharashtra is much bigger than all that. These differences are proving costly for the existence of Maharashtra and the Marathi people.”

He added, “Coming together is not difficult, it’s a matter of will. It’s not just about my desire or selfishness. We need to look at the bigger picture. All Marathi people across political parties should unite and form a single party.”

Raj Thackeray further distinguished his past political decisions from the rebellion led by Chief Minister Eknath Shinde. “I left Shiv Sena when MLAs and MPs were with me. Even then, I chose to walk alone because I couldn’t work under anyone except Balasaheb Thackeray. I had no objection to working with Uddhav. The question is — does the other side have the will to work with me?”

“If Maharashtra wants us to come together, let Maharashtra speak up. I don’t let my ego get in the way of such matters,” he said.

Responding at a Bhartiya Kamgar Sena function, Uddhav Thackeray expressed similar sentiments. “I’m ready to put aside petty disputes. I appeal to all Marathi people to unite in the interest of Maharashtra. But there is a condition — when we pointed out in Parliament that industries were being shifted to Gujarat, if we had united then, we could have formed a government that worked for Maharashtra. We cannot keep switching sides — supporting them one day, opposing them the next, and then compromising again.”

“Anyone who acts against Maharashtra’s interests — I will not welcome them, invite them home, or sit with them. Let this be clear first, and then let us work together for Maharashtra,” he asserted.

MNS general secretary Sandeep Deshpande welcomed the tone of reconciliation but posed a key question — “Raj Thackeray rightly asked — does the other party truly want to come together? Until that is clear, the conversation is incomplete. We all want what’s best for Maharashtra. But do others feel the same way?”

Echoing the sentiment, Shiv Sena (UBT) leader and Leader of Opposition in the Legislative Council, Ambadas Danve said, “As a Marathi manoos, it’s important for all forces to unite. Whether it is Uddhav or Raj, both are brothers. The political context may differ, but at the end of the day, the bond remains. There are many who are willing to mediate in this matter.”

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disaster

Strong 5.8 magnitude earthquake in Afghanistan; tremors felt in Delhi-NCR, J&K

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New Delhi, April 19: A powerful earthquake measuring 5.8 on the Richter scale struck Afghanistan on Saturday afternoon at 12:17 pm IST, as reported by the National Center for Seismology (NCS).

The quake’s epicentre was located at 36.10 degrees North latitude and 71.20 degrees East longitude, with a depth of 130 kilometres. Tremors from the earthquake were felt across several northern regions of India, including Jammu & Kashmir and the Delhi-NCR area.

While there have been no immediate reports of damage or injuries, authorities are keeping a close watch on the situation.

The NCS confirmed the seismic activity via a post on social media platform X.

“EQ of M: 5.8, On: 19/04/2025 12:17:53 IST, Lat: 36.10 N, Long: 71.20 E, Depth: 130 Km, Location: Afghanistan,” NCS said in a post on X.

This event follows a similar tremor that occurred earlier in the week. On Wednesday, a 5.6 magnitude earthquake was recorded in Afghanistan, with its epicentre approximately 164 km east of Baghlan.

The European-Mediterranean Seismological Centre (EMSC) initially reported the quake as 6.4 in magnitude but later revised it to 5.6.

In a related development, the Kishtwar region of Jammu & Kashmir also experienced a mild earthquake measuring 2.4 on the Richter scale on Wednesday morning around 5:14 AM IST.

The tremor occurred at a shallow depth of 5 kilometres.

The United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA) highlights that Afghanistan is extremely susceptible to natural hazards such as earthquakes, landslides, and seasonal floods.

UNOCHA also pointed out that the frequent seismic activity in the region severely impacts already fragile communities, which have endured years of conflict and underdevelopment.

These conditions have significantly weakened their capacity to handle multiple crises at once. According to the Red Cross, Afghanistan has a long history of experiencing powerful earthquakes, especially in the Hindu Kush region, which is known for its intense geological activity and frequent tremors.

The country lies along several major fault lines where the Indian and Eurasian tectonic plates meet. One of these fault lines passes directly through Herat, increasing the area’s risk of seismic events.

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