India-US relations: News and Discussions IV

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Vayutuvan
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Re: India-US relations: News and Discussions IV

Post by Vayutuvan »

Cyrano wrote: 27 Nov 2024 16:24 We need to fight indictment with indictment and up the ante with some arrests. Just leaving it to Adani to fight it out is the wrong move IMO. This case is NOT your run of the mill "fight against corruption" by a free and fair US judicial system.

BD situation, Trudeau shenanigans, fanning flames against wakf bill in current parliament session, Putin's upcoming India visit (there is an ICJ arrest warrant on him), and now this attack on Adani are all connected. Biden administration is trying to tie India in several headaches so that there is no strong neutral voice/force to try and diffuse the Ukraine situation in the coming weeks - thats what is the main focus for US now. They are going all in on Ukraine and everything is being done with that single objective. They could be miscalculating.
Very well put. But still some BRF oldtimers keep mocking anybody who says "deep state". :mrgreen:
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Re: India-US relations: News and Discussions IV

Post by Vayutuvan »

KL Dubey wrote: 28 Nov 2024 00:14 It is still an open question if this was a "lone-ranger action" by Peace and a small number of his colleagues, or whether it had orders/approval from higher echelons.
@KL Dubey ji, you don't mean "deep state", do you? That doesn't exist, you see. or they maybe many deep states - russian matryushka dolls or SPECTRE. :shock:
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Re: India-US relations: News and Discussions IV

Post by bala »

The motive behind Adani indictment is very clear: SoreAss is invovled, who is part of the Deep State/Gehra Rajya, though many on this forum deny the existence of Deep State/Gehra Rajya. Here is a clear instance with proof that the US Deep State/Gehra Rajya is involved, the president elect DJT will not approve of any of this nor will his administration. The Deep State/Gehra Rajya has gone rogue with Bidenwa absent from decision making. Already there are reports of clashes of US and Russian fighter jets over Europe. The escalation ladder is being upped up, don't know where all of this will end. All kinds of crisis are being manufactured around the world.
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Re: India-US relations: News and Discussions IV

Post by Vayutuvan »

bala wrote: 28 Nov 2024 01:13 The motive behind Adani indictment is very clear: SoreAss is invovled, who is part of the Deep State/Gehra Rajya, though many on this forum ...
Those of us who have some pretensions of being "legal eagles" don't believe in GR. They would believe only if the deep state make statement that "we are deep state, here are our website(s)".

Al keeda did that didn't they? After that we had many al keeda thirds, seconds, and even "firsts" were killed by the same people who cooked up the afghani potions.
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Re: India-US relations: News and Discussions IV

Post by sanman »

bala wrote: 28 Nov 2024 01:13 The motive behind Adani indictment is very clear: SoreAss is invovled,
SoreAss himself deserves some indictments
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Re: India-US relations: News and Discussions IV

Post by Vayutuvan »

sanman wrote: 28 Nov 2024 02:00
bala wrote: 28 Nov 2024 01:13 The motive behind Adani indictment is very clear: SoreAss is invovled,
SoreAss himself deserves some indictments
But but but, he is protected by the "non-existent" deep state (NEDS/NEGH). He himself is the NEDS or not? Our "legal eagles" are going :rotfl: and sayin' nah nah nah. Nyet.

The underlying assumption of this denial is that the US constitutional bodies and the officials are all on the same page and are acting in good faith.

We have to live with vacuous statements from those who are claiming they know phalaana dikhaana "you don't who I am?" types in Lutyens.

Here is one sample.
It is still an open question if this was a "lone-ranger action" by Peace and a small number of his colleagues, or whether it had orders/approval from higher echelons.
It might rain tomorrow or it might not. :lol:
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Re: India-US relations: News and Discussions IV

Post by Vayutuvan »

The problem of looking into the wording of this indictment or that warrant is like looking at a leaf section through microscope to understand the tree, the cove, and the forest itself.

Scale matters. By looking at the quarks, one cannot predict properties the ensemble. Scale (spatial and time) matters.
Last edited by Vayutuvan on 28 Nov 2024 03:27, edited 1 time in total.
sanman
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Re: India-US relations: News and Discussions IV

Post by sanman »

I have no idea what point you were trying to make. Better to just speak plain english, rather than trying to wrap a joke inside of a riddle inside of a pun.
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Re: India-US relations: News and Discussions IV

Post by KL Dubey »

Just clarifying a few things here, based on the actual indictment:

1. None of the Adani executives (including Gautam and Sagar) are personally charged for bribery/corruption. It's the other guys (Mauritius and Canada companies) that are charged.

2. Adani appears in the fraud counts, i.e. misleading disclosures to stakeholders using info provided by the other guys.
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Re: India-US relations: News and Discussions IV

Post by Vayutuvan »

sanman wrote: 28 Nov 2024 02:36 I have no idea what point you were trying to make. Better to just speak plain english, rather than trying to wrap a joke inside of a riddle inside of a pun.
Those who are acting like "legal eagles" would know what I am talking about or maybe not. Hint: It is not you.
Last edited by Vayutuvan on 28 Nov 2024 03:28, edited 1 time in total.
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Re: India-US relations: News and Discussions IV

Post by A_Gupta »

This explainer, how much is good?

ADANI'S DEFENCE: How Adani will Defeat the U.S. Indictment Charges? | Abhijit Iyer-Mitra

https://youtu.be/F14Hz_wXEHc?si=Tf1IieUP8wDJDyzb


Note: A i-M provides a curious mix of what to me is demonstrably misinformation as well as stuff that to me is verified info. In this curious mix of info and disinformation the interesting thing is the geopolitical reasons behind this indictment, e.g., Adani as an instrument of the Government of India (whether UPA or NDA) doing things the government cannot do, and the Chinese need to contain him.
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Re: India-US relations: News and Discussions IV

Post by chetak »

KL Dubey wrote: 28 Nov 2024 00:06
chetak wrote: 27 Nov 2024 05:27 the talk of arrest warrants is to fool an ignorant Indian public and cause a disruption in the Indian stock markets.
Not quite. It's not talk, warrants have actually been issued and will be given to the FBI international operations guys in the US embassy in New Delhi. These guys will then connect to Indian authorities to pursue this.

In the Nikhil Gupta case, they were even more aggressive, and arrested him in a third country. If something like that happens to Adani, it would become a major issue...so he will likely have to be very careful in deciding whether to travel internationally for the next few months at least.



Dubey ji,


Are any of the adani names mentioned in this so called indictment

are any annexures attached

gupta's indictment is quite detailed but the so called adani indictments don't even mention their names, let alone the specifics of the offences against them.

It is a cheeni hit job played out by a woke soros backed prosecutor and the DOJ is trying its luck hoping for a windfall score against India

The US indictment against #Adani is based on claims, not proven facts.

There's no allegation of bribery in India, only a speculative charge of conspiracy to bribe.

The case revolves around bond issuances by #AdaniGreenEnergy, where the DOJ infers without evidence that bondholders were uninformed of potential violations.

This is purely political - used as a tool by the #Congress and INDI alliance, who repeatedly harp on issues influenced by foreign meddling.

Their approach, particularly after their #MaharashtraElection2024 loss, is a clear attempt to distract.

This is not in the country’s interest.

Let’s focus on evidence and national priorities, not conjectures and diversions.

The so called evidence, if any does exist, may be found only in India, if at all.

The amrikis have j@ck$hit authority (in sovereign India) to wiretap, investigate or gather confirmation, verification, proof or substantiation.

They cannot arrest, enforce deportation or even issue something like a red corner notice

Despite what you think, India is no pushover. It can retaliate, even against the amrikis by "streamlining" access to markets and squeezing out security agreements

One would love to see them try and issue arrest warrants against the adanis and then try and handle the $hit$t0rm of a blowback that will surely follow.

Every dip$hit country in the world has companies like adani which are national assets. Adani moves really quickly. India lost the lankan port of hambabthota because the MEA was handling it. WTF do the baboons know about geopolitics and how fast do they move. Adani is like greased lightening

What the frick do you think lockheed martin, GE aerospace, microsoft, walmart, monsanto, bayer, google, amazon, rolls royce, BAE Systems plc, huawei, Tencent, ICBC, Alibaba, tiktok, dassault, MBDA, TotalEnergies SE, gazprom, rosneft, boeing, airbus इत्यादि इत्यादि do for a living, are they not geopolitical assets of their countries, are they not backed by their governments, do they not further the interests of their countries and their govts, Every one of these damn companies have faced bribery charges in amriki courts when they have interfered with amriki interests and they are still doing business. Has any one been arrested yet

the BIF and that includes the amrikis, have used the protestant missionaries to change demographics in the NE. The culinary institute was in charge. Was that the whiteman's burden or was it geopolitics, The same was done in TN where these filthy gora buggers and their missionaries funded, armed and supported the terrorist ltte.
Again, it was nothing personal, it was merely geopolitics.

Net net, all the others can do what India and India's adani are not being allowed to do and one is not talking bribery

The amrikis are heading down the very same road that the dumb canadians did

This is Modi ji's India. Even the amrikis tread lightly around him.

FBI arresting adani in India .... would love to see them try and land in an Indian jail, while gar$h!tty prances around in a sherwani

In any war involving India, the amrikis will not put amriki boots on the ground to help us out, so what are we so scared about. We literally have nothing to lose ......

Its foolish to condemn adani for doing in the international arena what no one else in India can or will dare to do and that is exactly wy he is being targeted by the BIF, hindenberg, soros, the amriki deep state, and the cheeni who are the most affected by adani's enterprise


It's not talk, warrants have actually been issued and will be given to the FBI international operations guys in the US embassy in New Delhi. These guys will then connect to Indian authorities to pursue this. this is absolute and unadulterated BS.

When the amrikis have wilfully not sent headly and rana to India for interrogation, what makes you think that the GoI will even allow such nonsense to take place right under their noses. there is no eyetaaliaan mummy running the show anymore

adanis well managed investments in kenya, israel, egypt, lanka et all are all India's geopolitical assets and help extend India's soft power reach

Edited to correct spelling.
Last edited by chetak on 28 Nov 2024 11:05, edited 2 times in total.
SRajesh
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Re: India-US relations: News and Discussions IV

Post by SRajesh »

^^^
Chetakji
This is just a side-show for LS logjam
Waqf vs Adani
The thrid term of NaMo Gahra Rajya have decided no bills will be passed except those that the ruling dispensation cannot extract any milage.
Lets see what happens from next year given Trump is on a different medication so to speak!! :lol:
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Re: India-US relations: News and Discussions IV

Post by ernest »

I believe that the current situation, along with Prez Trump's swearing in, will allow India room to go after big tech malpractices in India. We should not waste this opportunity, and fight against their monopolizing and corrupt practices. The freedom of social media companies of foreign origin can be strongly regulated, given that twitter episode exposed them being assets of 3 letter agencies. With the incoming admin, we should be acting to insulate ourselves from the shenanigans of at least some of the big tech.
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Re: India-US relations: News and Discussions IV

Post by chetak »

SRajesh wrote: 28 Nov 2024 10:54 ^^^
Chetakji
This is just a side-show for LS logjam
Waqf vs Adani
The thrid term of NaMo Gahra Rajya have decided no bills will be passed except those that the ruling dispensation cannot extract any milage.
Lets see what happens from next year given Trump is on a different medication so to speak!! :lol:

SRajesh ji,


This is what scares the BIF and the deep state

Two billionaire$ are tipped to go on and become trillionaire$

Musk and Adani.

Tesla founder and tech billionaire Elon Musk should become the world's first trillionaire by 2027, a report by Informa Connect Academy said. According to the Bloomberg Billionaires Index, Tesla's founder is currently the world's richest person, with a net worth of $237 billion. India's Gautam Adani is most likely to become the second after Musk to achieve trillionaire status in 2028, following his annual wealth growth rate of 123%
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Re: India-US relations: News and Discussions IV

Post by chetak »

#AdaniNotGuilty as the allegations against Adani Group in the US indictment lack clear evidence and seem questionable.

As former Attorney General Mukul Rohatgi pointed out, neither Gautam Adani nor Sagar Adani is named in the key bribery charges under the Foreign Corrupt Practices Act.

The chargesheet provides;
NO Details
NO Names
NO Departments
NO Proof of bribery.

Such vague claims only harm the reputation of a global industry leader without any solid basis.

Baseless allegations against Adani Group expose the desperation of those trying to tarnish India’s economic icons.

Congress and its allies, led by a leadership more focused on breaking than building, have relentlessly targeted Adani without evidence.

The US indictment lacks names, proof, or substance, yet the opposition spins lies to undermine a global leader who has put India on the map.

This isn’t about justice; it’s about their envy and fear of India’s progress and their own desperate need to protect their imagined place in the limelight of relevance.
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Re: India-US relations: News and Discussions IV

Post by chetak »

KL Dubey wrote: 28 Nov 2024 00:21 ^^Describe your point in more detail? This is a state action and not linked to India-US relations.


Dubey ji,

There is no question of amriki state action that applies to an Indian citizen in India. They are making allegations without proof, just like turdeau did

Its a matter of jurisdiction, despite what the amrikis may like to believe, they have no jurisdiction in India unless approved on a case by case basis by the GoI

India is not some banana republic to be pushed around by stray dogs

This matter may come under foreign relations and hence may well be out of the purview of the Indian judiciary

No proven offense has been committed in the US. Even so, the amrikis cannot summon any Indian nor seek extradition unless incontrovertible proof is provided to the entire satisfaction of the GoI and the amrikis also seek the express approval of the GoI, which I assure you will not be forthcoming, no matter what

Their SEC has made the allegations. The DOJ has no proof to back those wild claims. All named Indian state govts have denied receiving bribes. There is nil evidence that even Indian laws may have been broken

So, as per you, What's next .... dilli polis waterboarding the adanis on the lawns of the us embassy in dilli after they have allegedly been bribed by the amriki embassy staff, with a sherwanied gar$hitty wildly gyrating to hot panju rock blaring away in the background
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Re: India-US relations: News and Discussions IV

Post by sanman »

chetak wrote: 28 Nov 2024 15:20
KL Dubey wrote: 28 Nov 2024 00:21 ^^Describe your point in more detail? This is a state action and not linked to India-US relations.


Dubey ji,

There is no question of amriki state action that applies to an Indian citizen in India. They are making allegations without proof, just like turdeau did

Its a matter of jurisdiction, despite what the amrikis may like to believe, they have no jurisdiction in India unless approved on a case by case basis by the GoI

India is not some banana republic to be pushed around by stray dogs
America is no stray dog, they're far more powerful than us.

But as giant as the American colossus is, they're infected by tiny parasites who've seized control over their brain.

What's necessary is to fight those parasites, not the entire American body.
This matter may come under foreign relations and hence may well be out of the purview of the Indian judiciary

No proven offense has been committed in the US. Even so, the amrikis cannot summon any Indian nor seek extradition unless incontrovertible proof is provided to the entire satisfaction of the GoI and the amrikis also seek the express approval of the GoI, which I assure you will not be forthcoming, no matter what

Their SEC has made the allegations. The DOJ has no proof to back those wild claims. All named Indian state govts have denied receiving bribes. There is nil evidence that even Indian laws may have been broken

So, as per you, What's next .... dilli polis waterboarding the adanis on the lawns of the us embassy in dilli after they have allegedly been bribed by the amriki embassy staff, with a sherwanied gar$hitty wildly gyrating to hot panju rock blaring away in the background
The US Attorney who filed the attempted murder case for Pannu is also a Soros alumni.

https://pdsoros.org/fellows/damian-williams/

That's all the proof I need to see, to know what's going on.
Last edited by sanman on 28 Nov 2024 19:36, edited 1 time in total.
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Re: India-US relations: News and Discussions IV

Post by A_Gupta »

Indian DISCOMs are expected to meet Renewable Purchase Obligations (a certain percentage of their power has to be from renewables) which despite the incentives Adani companies had to allegedly pay Andhra Pradesh to make them buy power, AP has not met. (When I said there doesn't seem to be evidence of above-market rate deals, the point was made that the very making of the deal involves bribes, market rate or otherwise; the state DISCOM won't buy power unless it is "incentivized". But the DISCOM also has a regulatory obligation to buy renewable energy.)
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Re: India-US relations: News and Discussions IV

Post by sanman »

No evidence turning up on case against Adani - everything is just allegations

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Re: India-US relations: News and Discussions IV

Post by chetak »

Dear ⁦@RahulGandhi⁩, read this report carefully. Ask your party leaders to read it too.

A former senior UN official from #Norway slams #US overreach in indicting, without evidence, the #Adani group for bribery.

"When Will American Overreach Stop": Norway Diplomat On Adani Case


https://www.ndtv.com/india-news/when-wi ... se-7122396

New Delhi: Norwegian diplomat and former UN Environment Programme Executive Director Erik Solheim has questioned the US government report on the Adani Group, calling it a case of "American overreach." Speaking out on global media coverage of the report, Mr Solheim asked, "When will American overreach stop?"
The US report accuses certain Adani Group-linked individuals of discussing bribes to secure solar energy contracts in India. However, Mr Solheim pointed out that the allegations lack evidence of actual bribe payments or involvement of top Adani leaders. Mr Solheim said that such actions by US authorities hinder India's green energy transformation and disrupt one of the country's largest economic powerhouses.

"When will American overreach stop? The last week global media have been full of stories about indictment against the Adani Group by an American Prosecutor. It is time the world starts asking when American overreach will stop. Let's turn the table for a second and assume that an Indian Court charged top American business executives for crimes allegedly done in the US. Would this be acceptable to America? Would American media find it appropriate?" he posted on X.

Yesterday, senior lawyer and former Indian MP Mahesh Jethmalani dismissed the report as lacking substance. Mr Jethmalani argued that the charges were politically motivated, accusing the "Democratic deep state" in the US of weaponising its judiciary to destabilise India.

"The indictment offers no evidence of bribery in India, nor does it implicate any top Adani executives. This is nothing but political noise," Mr Jethmalani said.

The Adani Group also rejected the charges as baseless. In a statement, the conglomerate clarified that none of its directors or listed firms were accused of wrongdoing. The report, it said, rests on claims of promised or discussed bribes, with no proof of execution.

Erik Solheim@ErikSolheim

When will American overreach stop??

The last week global media have been full of stories about indictment against the Adani Group by an American Prosecutor.

It is time the world starts asking when American overreach will stop? Lets turn the table for a second and assume that an Indian Court charged top American business executives for crimes allegedly done in the US. Would this be acceptable to America? Would American media find it appropriate?

Added it is now clear that the accusations are not against the top Adani leaders, Gautam and Sagar Adani.

Nor is there evidence that bribes were paid by Adani executives to Indian government officials. The indictment solely rest on claims that bribes were promised or discussed.

This American overreach has serious consequences for peoples lifes. It makes it harder for one of Indias economic power houses to finance its operations. It forces the Adani Group to spend time and resources in court rather than building solar and wind plants. It simply slows down the green transformation of India.

Its time to put a stop to American overreach!
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Re: India-US relations: News and Discussions IV

Post by chetak »

Over 50% of Senators & House representatives in the US & MPs in the UK are paid by lobbyists. AIPAC (American Israel Public Accounts Committee) is one of the biggest US lobby groups. American lawmakers who defy its policies have short careers.

But lobbying in US isn’t bribery…

Indian politicians & commentators from a losing, besotted cabal won’t ever mention this: Walmart, Toyota, Oracle, Siemens & other global firms have all faced US DoJ charges similar to Adani. Fines paid, cases closed.

Bribing bad. But never forget: US Inc. was and is the hotbed of bribery


Image

US Inc is well known for bribery.

Many instances of corruption are formalized in the US.

Disgorge, penalty, settlement etc without admitting offence!

Not to talk about sleaze, crimes, felony, minor offence not worth taking up as courts are full (shop lifting up to 950 dollars is not felony in blue States; so shops are looted in daylight and hence downed shutters!) .....
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Re: India-US relations: News and Discussions IV

Post by Vayutuvan »

chetak wrote: 28 Nov 2024 15:20 The DOJ has no proof to back those wild claims. All named Indian state govts have denied receiving bribes. There is nil evidence that even Indian laws may have been broken
...
Current US DOJ and SDOTUS have gone rogue. They have gone rogue long back. That is exactly the reason why US aam elected DJT with overwhelming majority.

I agree with @earnest gaaru that India has a window of opportunity to destroy their catspaws in India. SDOTUS and DOJ are being left high and dry by the tech SM leaders. It is rumored that zit-face Zuck was at Mar-a-lago yesterday.CNN/MSNBC/CNBC etc. are at their lowest ratings ever. Time to hit those buggers hard by GoI.
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Re: India-US relations: News and Discussions IV

Post by Vayutuvan »

A_Gupta wrote: 28 Nov 2024 18:34 But the DISCOM also has a regulatory obligation to buy renewable energy.)
In theory. But they do not follow regulations regularly, especially in renewables and especially in the opposition ruled parties. These are my personal experiences. I won't say more here in this thread.
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Re: India-US relations: News and Discussions IV

Post by williams »

Trump will exert his influence to reign in NY DA's office once he takes over in January. This issue will then get ironed out. Adani grp needs to follow the procedures with their lawyers until then. The whole democratic setup in these large liberal states has gone crazy and will find its logical end soon.
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Re: India-US relations: News and Discussions IV

Post by vera_k »

chetak wrote: 28 Nov 2024 20:52 Many instances of corruption are formalized in the US.
Exhibit A.
The great SPAC scam

Note that the scam above was carried out many times while crossing the i's and dotting the t's of all applicable laws and regulations.

Which also makes me wonder if this (Adani charges) is not a shakedown to get Indian corporations to pay up for better legal representation in the USA.
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Re: India-US relations: News and Discussions IV

Post by Aditya_V »

chetak wrote: 28 Nov 2024 20:40 Dear ⁦@RahulGandhi⁩, read this report carefully. Ask your party leaders to read it too.


[/quote]

I don't know but it is clear that anyone supporting Rahul Gandhi wants 1880 India with mass starvation and filth. They are nothing but drain inspectors with good arrangements abroad kind of like the Paki Army. So he is doing exactly what they want.
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Re: India-US relations: News and Discussions IV

Post by A_Gupta »

"We have nothing to defend him and we are not involved. Let him defend himself," BJP spokesperson Gopal Krishna Agarwal said by phone. "We are not against industrialists. We consider them as partners in nation-building. But the law will take its own course if they do something wrong."
https://www.reuters.com/world/india/mod ... 024-11-26/
Modi's party distances itself from Adani amid opposition protests
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Re: India-US relations: News and Discussions IV

Post by bala »

8T of the 14T invested in India is from the last 10 years. I am sure a good part of it came from US investors who invested into India. None of those qualify for bribery charges, quite amazing in the business world! However the NY dumbocrat infested cabal selectively picked up Adani to file charges, coincidence or deep conspiracy in cahoots with China and the Deep State/Gehra Rajya. More like the latter. BJP needs to take this "jurisdiction" usurping by videshi nations seriously. Where will this lead. Law taking its own course is the problem because we have other nations inserting themselves into Indian law and accusing Adani. Right now it is accusations without any proof, mere he said/she said nonsense which will never be upheld in courts. Waste of tax payers money, eating up resources, money and time. This requires some heavy handed decision making and send a signal that India is not going to put up with nonsense.
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Re: India-US relations: News and Discussions IV

Post by Vayutuvan »

A_Gupta wrote: 29 Nov 2024 18:13 https://www.reuters.com/world/india/mod ... 024-11-26/
Modi's party distances itself from Adani amid opposition protests
Clickbait headline.
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Re: India-US relations: News and Discussions IV

Post by Vayutuvan »

bala wrote: 29 Nov 2024 21:49 Law taking its own course is the problem because we have other nations inserting themselves into Indian law and accusing Adani. ...
@bala ji, "law taking its own course" is Indian law taking its own course, I presume. There are no charges on Adani so the law taking its own course means there is nothing against Adani in the Indian courts. There is nothing to defend him with.
KL Dubey
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Re: India-US relations: News and Discussions IV

Post by KL Dubey »

Gautam Adani: https://www.youtube.com/watch?v=2Ha5k_P21S0

Most of the speech is about the work Adani group is doing on various fronts, which is interesting in itself.

The comments on the US "indictment" start at 32:00 and stretch for 7 minutes. It lays to rest various speculations about the why, how, and what next.

Very heartening to see Adani's determination. Bharat sarkar will not "openly" aid him regarding the case, but he will be getting a lot of support and goodwill behind the scenes. I doubt he will lose tenders.

Modi is supporting both Adani and Ambani. But he will not tolerate them going after each other. I don't think the two of them are in such a mindset either. There are business competitions in various areas, not only between the two of them but also with other Indian groups like Tata etc, and of course foreign competition.
Tanaji
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Re: India-US relations: News and Discussions IV

Post by Tanaji »

Well that didnt take long and was expected, except by some:

https://apnews.com/article/trump-dollar ... 38180945c3

Trump threatens 100% tariff on BRIC nations
drnayar
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Re: India-US relations: News and Discussions IV

Post by drnayar »

https://timesofindia.indiatimes.com/wor ... 860640.cms

The city of New York pays $220 million to rent the entire Roosevelt Hotel in Manhattan to house illegal migrants.

The hotel is owned by the government of Pakistan, and the deal was part of a $1.1 billion IMF bailout package to help Pakistan avoid defaulting on their international debt.

Prior to this sweetheart deal, the hotel had been closed since 2020, having long-struggled with occupancy and in dire need of renovation.

Image
Cyrano
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Re: India-US relations: News and Discussions IV

Post by Cyrano »

Tanaji wrote: 01 Dec 2024 14:05 Well that didnt take long and was expected, except by some:

https://apnews.com/article/trump-dollar ... 38180945c3

Trump threatens 100% tariff on BRIC nations
There was never any real plan for BRICS currency, the countries are way too different on every structural and economic parameter to make such a thing possible.

What our EAM as repeatedly said is that there won't be such a currency, but he also said that countries are free to use their own currencies for bilateral trade.

That's what is going to happen increasingly until the over printed American Dollar gets on a diet and sheds it's debt burden to some extent, over the next few years, meanwhile the RoW will also move on.
sanman
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Re: India-US relations: News and Discussions IV

Post by sanman »

drnayar wrote: 01 Dec 2024 15:41 https://timesofindia.indiatimes.com/wor ... 860640.cms

The city of New York pays $220 million to rent the entire Roosevelt Hotel in Manhattan to house illegal migrants.

The hotel is owned by the government of Pakistan, and the deal was part of a $1.1 billion IMF bailout package to help Pakistan avoid defaulting on their international debt.

Prior to this sweetheart deal, the hotel had been closed since 2020, having long-struggled with occupancy and in dire need of renovation.
So each room is being rented for $5000/month for a period of 3 years.
Meh, that seems pretty average for Manhattan rent -- which is itself the real exhorbitant ripoff.

Big city property owners are just part of the rent-seeking class.
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Re: India-US relations: News and Discussions IV

Post by Vayutuvan »

KL Dubey wrote: 01 Dec 2024 08:11 Modi is supporting both Adani and Ambani. But he will not tolerate them going after each other. I don't think the two of them are in such a mindset either.
There is enough business in India itself for both Ambani and Ambani. There is enough business for many more. Indian market is large. It can be tapped if and only if the babudom is reigned in and INDI alla's hold on businesses is destroyed.
Cyrano
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Re: India-US relations: News and Discussions IV

Post by Cyrano »

Saar,
What hold does Indi all have on business houses now after being out of power for 3 terms and bleak future?!
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Re: India-US relations: News and Discussions IV

Post by SSridhar »

It sounds comical when the US takes a high moral ground whether it is democracy or justice system etc in India. Just last month, all charges against President-elect Trump were dropped even if there is a slim possibility of reviving them after his term ends. It looked as though the sentencing etc were deliberately delayed to afford him this chance. Now, lame-duck Biden has pardoned his own son who is about to be sentenced saying that the case was politically-pursued and Americans must understand the decision. The scores have become even, haven't they?

Democracy & Judiciary have long since gone for a toss in the US and these two instances are further proof that the US has no moral authority to talk to or at India.

The NRI diaspora rose to the occasion after Shakti-II. Today, the US economy is far more integrated with India, the two nations need each other significantly for various reasons, India is developing as a pole in itself, and India is well & truly melded into deep geopolitical & geostrategic calculi of the US. The US cannot shake the India pillar and hope the edifice remained intact
Cyrano
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Re: India-US relations: News and Discussions IV

Post by Cyrano »

^^^However true that might be, India must view US as one among several global partners. US administrations will continue to be fickle and sometimes devious, despite the growth in numbers, affluence and influence of Indian diaspora in the US.

India should not make one way exceptions or concessions to the US in trade, commerce, diplomacy or mil purchases, especially the last. GE engines, baseless allegations on Adani, support to Pannun, regime change in BD etc prove the point. The US has needlessly eroded a lot of trust in the relationship during the Biden era. Trump admin has to make up for it and then some to bring back the relationship to where it needs to be.

India has to continue to put it's own interests paramount, we should stop "caring" and feel warm and fuzzy about being someone's pillar or some other's post. EU was such a pillar for decades and got pissed all over as we have seen.
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