Tuesday, January 21, 2025

Come share the nectar.

"Indian equities yesterday capitulated to worries over possible US trade tariffs and poor corporate earnings in a crash that saw benchmarks plummet and left investors poorer by Rs 7.52 trillion." "The BSE Sensex plummeted by 1,235.08 points to end the day at a more than 7-month low of 75,838.36." FE. During President Donald Trump's inauguration India's External Affairs Minister S Jaishankar was apparently asked "to sit in the back while the ceremony was going on." Thankfully, "India Today Fact Check found that the woman was actually asking a cameraperson to go to the back because she was standing in front of Jaishankar." Whew, what a relief! That could have been another 1,000 points down for the Sensex. Why the uproar? Because, in a break with tradition, Trump invited several world leaders, including Chinese President Xi Jinping, to the inauguration ceremony but Prime Minister Narendra Modi was not. HT. Xi did not attend. Possibly because he could not be seen to be endorsing such an enormous celebration of democracy. The Ministry of External Affairs dismissed rumors of an invitation snub and pointed out that, Defence Minister Rajnath Singh attended the Nigerian President's swearing in, Minister of Earth Sciences Kiren Rijiju attended Maldives' and Highways Minister Nitin Gadkari attended Iran's. TN. Nigeria, Maldives and Iran are small fry compared to the US. This is especially puzzling as Mr Modi congratulated "my friend" Trump on his victory and Trump said Mr Modi is a "magnificent man", a "total killer" and that the "whole world loves him". India Today. In 2019, then President Trump even dropped in on a huge rally, labeled 'Howdy Modi', attended by over 50,000 people, mostly Indians living in the US, during Mr Modi's visit. BBC. Mr Modi's BJP is the only mainstream political party to have registered its US wing, the Overseas Friends of BJP-USA (OFBJP-USA) under the US Foreign Agents Registration Act (FARA). Diplomat. "Nearly half of all Indian Americans approve of Modi's performance as prime minister. This support is greatest among Republicans, Hindus...and those who hail from North and West India." Carnegie. Hindiwallahs and Gujaratis presumably. The OFBJP-USA campaigned heavily for Mr Modi in the general elections in 2024 with the aim of getting him over 400 seats in the Lok Sabha. DH. India is getting ready to take back 18,000 Indians illegally in the US to avoid a trade war. Mint. This is a very small fraction of the estimated 725,000 Indians living illegally in the US. TOI. A lot of Indians are worried because of Trump's promise to end 'birthright' citizenship, wherein any baby born in the US is automatically granted citizenship regardless of the legality of its parents. TOI. While we are sincerely sympathetic with unexpected troubles of Indians living in the US, it is reasonable for us to expect that they should join us in enjoying the 'Amrit Kaal' (age of Divine Nectar) that Mr Modi has promised for us (BS), with biometric Aadhaar for newborns and school admissions, repeated KYC checks, soaring inflation, punishing taxes, tax terrorism, and the potent threat of raids by CBI, ED, NIA or any of a multitude of stormtroopers if anyone has the temerity to protest. We invite them to join us in sipping the nectar. It's only fair.   

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