first_imgNew Delhi: Nearly 8,000 guests will attend the swearing-in of Prime Minister Narendra Modi at the Rashtrapati Bhavan on Thursday, making it the biggest-ever event held in the historic premises. While the guests attending the event will be treated to high tea, President Ram Nath Kovind will host a private dinner for the leaders from Bimstec countries as well as Kyrgyz President Sooronbay Jeenbekov and Mauritian Prime Minister Pravind Kumar Jugnauth – who have all confirmed their presence. Also Read – Dussehra with a ‘green’ twist Steel magnate L.N. Mittal is also expected to be present. “It will be the biggest-ever event at the Rashtrapati Bhavan. 8,000 people are coming,” Ashok Malik, Press Secretary to the President, told IANS. The size of the gathering is seen as a reflection of the massive mandate received by Modi government in the Lok Sabha elections. Both the BJP and NDA have improved their tally compared to 2014. The swearing-in will be held in the forecourt of Rashtrapati Bhavan, the same venue as in 2014. The event then was attended by about 5,000 guests. Also Read – India receives its first Rafale fighter jet from France The high tea will have snacks, including samosas, and paneer items apart from sweets, while at the President’s dinner, the visiting foreign dignitaries will be treated to “Dal Raisina” – a special delicacy of the Rashtrapati Bhavan that takes 48 hours to cook – among other delicacies. The Prime Minister will also attend the dinner, along with some officials. With the swearing-in scheduled for 7 p.m., dinner will be light as it will be served a little late in the evening. The dinner will have both vegetarian and non-vegetarian options and include soup, fish, chicken, vegetables and the “Dal Raisina” – a variant of popular ‘maa ki dal’. “It is a speciality of our kitchen. Its special recipe was developed here in Rashtrapati Bhavan. It takes 48 hours to prepare. The process of preparing it started on May 28 and it will be ready by tomorrow (Thursday),” Malik said. The Bimstec leaders attending the event include Bangladeshi President Abdul Hamid, Sri Lankan President Maithripala Sirisena, Myanmarese President U Win Myint, Nepali Prime Minister K.P. Sharma Oli and Bhutanese Prime Minister Lotay Tshering. Thailand will be represented by its Special Enovy Grisada Boonrach. The event will also be attended by leaders of political parties, Ambassadors and diplomats and celebrities from various fields.last_img read more

NEW YORK — Stocks that moved substantially or traded heavily on Thursday:Netflix Inc., down $37.23 to $325.21The video streaming service suffered a slowdown in subscriber growth during its second quarter.Novartis AG, up $4.03 to $94.26The pharmaceutical company reported solid second quarter results and raised its profit forecast for the year.eBay Inc., up 74 cents to $39.77The e-commerce company beat Wall Street’s second quarter financial forecasts and said it is mulling the sale of two businesses.United Rentals Inc., down $10.38 to $121.11The equipment rental company trimmed its revenue forecast for the year because of bad weather and the integration of a recently purchased business.IBM Corp., up $6.56 to $149.63The technology and consulting company beat Wall Street’s second quarter profit and revenue forecasts.Ashland Global Holdings Inc., down $2.17 to $75.50The chemicals company said its third quarter results will fall short of forecasts and cut its outlook for the year.Union Pacific Corp., up $9.70 to $174.25The railroad operator beat Wall Street’s second quarter profit forecasts as it cut expenses to offset lower revenue.Philip Morris International Inc., up $6.66 to $87.71The seller of Marlboro and other cigarette brands raised its full-year profit forecast after reporting strong second quarter results.The Associated Press read more

VANCOUVER – British Columbia sea plane company HarbourAir is expanding overseas as part of a partnership with one of the richest men in China.The airline says in a news release that says Zongshen Group Co. Ltd., founded and run by billionaire Zuo Zongshen, has acquired a minority share of its company.HarbourAir says China recently opened the door to low-altitude commercial flights, making sea plane travel viable in many cities on the coast or near major waterways.The airline says it will work with Zongshen Group to offer air travel to millions of Chinese people, many of whom are hours away from airports but close to the water.HarbourAir founder Greg McDougall says the deal will bring a B.C. airline into the world’s largest marketplace.Zongshen says China’s urbanization rate has created enormous demands for innovative transportation.HarbourAir says Canadians still own 75 per cent of voting shares so control of the company will not change. by The Canadian Press Posted Jun 17, 2015 12:30 pm MDT Last Updated Jun 17, 2015 at 1:27 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email B.C.’s HarbourAir expands to China through deal with billionaire Zuo Zongshen read more