DNA Special: MPs Jaya Bachchan\, Ravi Kishan\'s war of words on Bollywood\'s \'drug den\'
DNA Special: MPs Jaya Bachchan, Ravi Kishan's war of words on Bollywood's 'drug den'
In the DNA, Sudhir Chaudhary analyses the statements made by actors-turned-MPs Jaya Bachchan and Ravi Kishan in Parliament over the alleged drug nexus in Bollywood.
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Updated: Sep 16, 2020, 07:13 AM IST
The Sushant Singh Rajput death case and the subsequent 'drug angle' had left Bollywood divided into two. Now it has also reached the doors of Parliament. Actor-turned-Samajwadi Party MP Jaya Bachchan, during the zero hour in the Rajya Sabha on Tuesday in a veiled manner, criticised BJP MP and actor Ravi Kishan for stating that "drug addiction is in the film industry."
"Just because of a few people, you cannot tarnish the whole industry... I was really embarrassed and ashamed that yesterday one of our members in the Lok Sabha, who is from the industry, spoke against the film industry. They bite the hands that feed them," Bachchan stated.
She also stated that people working in the entertainment industry are "flogged" by social media".
"People in the entertainment industry are being flogged by social media. People who made their name in the industry have called it a gutter. I completely disagree. I hope that the government tells such people not to use this kind of language," she said.
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However, her criticism for the Gorakhpur MP only found him support from several quarters. Among them was actor Kangana Ranaut, who took to micro-blogging site Twitter and question Jaya Bachchan, "Jaya ji would you say the same thing if in my place it was your daughter Shweta beaten, drugged and molested as a teenager, would you say the same thing if Abhishek complained about bullying and harassment constantly and found hanging one day? Show compassion for us also," after Jaya had condemned comments made by Kangana, where she’d compared the film industry to a "gutter".
However, it is pertinent to mention that some of the big names in Bollywood such as Farhan Akhtar, Zoya Akhtar, Sonam Kapoor, Taapsee Pannu, Anubhav Sinha, Dia Mirza, among others have spoken in Jaya Bachchan's favour.
So, now the question is should actors be selective while raising their voice on issues? Why was Jaya Bachchan silent on the SSR death case or Kangana's office being 'demolished'? Why is she speaking about the 'drug racket' now? Is she trying to save anyone?
Ravi Kishan was also quick to retort to Jaya Bachchan's rebuttal. He said, "I expected Jaya ji to support what I said. Not everyone in the industry consumes drugs but those who do are part of a plan to finish the world’s largest film industry. When Jaya ji and I joined, the situation was not like this but now we need to protect the industry."
The private videos of Sushant and Rhea Chakraborty and the alleged 'drug link' that were shown on the DNA show has sparked a debate of sorts among the Bollywood stars. All the big stars who were silent after SSR's death have suddenly become vocal after the drug angle in Bollywood has come to the fore. Some are even questioning the investigation.
So, the point is that should the actors in the film industry go for a 'drug test'. Why are they raising their voices against the 'cleanliness drive'? Several Bollywood films have galmourised drugs. Has drugs become the multi-vitamin for some film artists?
DNA Special: MPs Jaya Bachchan\, Ravi Kishan\'s war of words on Bollywood\'s \'drug den\'
Dozens Of Children Injured In New Zealand After School Bus Collides With Train
Dozens Of Children Injured In New Zealand After School Bus Collides With Train
Dozens of children were injured in New Zealand on Wednesday after a school bus collided with a train at a level crossing in the North Island town of Bunnythorpe.
Last Updated: September 16, 2020, 8:09 AM IST
WELLINGTON: Dozens of children were injured in New Zealand on Wednesday after a school bus collided with a train at a level crossing in the North Island town of Bunnythorpe.
The police said in a statement that none of the children had been seriously injured but some were being treated for minor injuries.
The total number of children on the bus was being determined, the statement said, but local media reported that at about 30-40 children were involved in the crash and were being treated for injuries.
Several children were wrapped in blankets and were receiving medical care at the site in Bunnythorpe, near the region’s major city, Palmerston North, media reports added.
Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor
Banks Lower Revenue Outlook As Pandemic Crimps Loan Demand
Executives at the top U.S. banks warned investors this week that 2020 revenue will be lower than expected due to weak loan demand and an uptick in repayments during the coronavirus pandemic.
Last Updated: September 16, 2020, 7:33 AM IST
Executives at the top U.S. banks warned investors this week that 2020 revenue will be lower than expected due to weak loan demand and an uptick in repayments during the coronavirus pandemic.
Bank of America , the second-largest U.S. bank by assets, said it found little appetite for new loans when it surveyed its corporate clients twice this year.
“Most of them are saying, ‘We don’t need money,'” CEO Brian Moynihan said in a virtual investor conference on Tuesday. “We tended not to believe them, honestly.”
But loan balances at the Charlotte-based bank dipped below pre-pandemic levels earlier this month, potentially setting up its loan book to shrink in the third quarter for the first time since 2015, according to an investor presentation and Refinitiv data.
Consumers with additional cash from government stimulus programs and from spending less have used some of that money to pay off debt. In addition, large corporate clients have raised cash from the capital markets, which have been propped up by the Federal Reserve, rather than banks.
The shifts caused Bank of America to slash its outlook for quarterly net interest income by roughly $400 million.
In the same conference, JPMorgan Chase & Co trimmed its outlook for annual net interest income by $1 billion, citing an expected drop in loan demand.
Citigroup Inc , one of the largest credit card issuers, cited less consumer borrowing as a reason its third-quarter revenue will decline.
Lending is also lagging also because business activity is slower, PNC Financial Services Group, CEO William Demchak said.
Sluggish loan demand is the latest headwind for banks that have been hit by prospective costs for bad loans in the recession.
The Federal Reserve is holding interest rates near zero to support the economy, but that also means banks earn less from loans.
Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor