Ambulance bomb kills 95, wounds 158 in Kabul: official

Agencies
January 27, 2018

Kabul, Jan 27: An explosives-packed ambulance blew up in a crowded area of Kabul today, killing at least 95 people and wounding 158 others, officials said, in one of the biggest blasts to rock the war-torn city in recent years.

The Taliban-claimed assault -- the second carried out by the militant group in the Afghan capital in a week -- triggered chaotic scenes as terrified survivors fled the area scattered with body parts, blood and debris, and hospitals were overwhelmed by the large number of wounded.

It came as both the insurgents and the Islamic State group have escalated their attacks on Kabul, one of the deadliest places in Afghanistan for civilians.

An news agency reporter saw "lots of dead and wounded" civilians in the Jamuriate hospital, which is metres away from the blast and where medical staff struggled to treat the bloodied men, women and children lying on the floor in corridors.

Health ministry spokesman Waheed Majroh said that the toll "now stands at 95 dead, 158 wounded", shortly after the interior ministry warned that an earlier death toll of 63 could rise.

The blast happened in an area where several high-profile organisations, including the European Union, have offices. Members of the EU delegation in Kabul were in their "safe room" and there were no casualties, an official told AFP.

The force of the explosion shook windows of buildings at least two kilometres away and caused some low-rise structures in the immediate vicinity to collapse.

The suicide bomber passed through at least one checkpoint in the ambulance, saying he was taking a patient to Jamuriate hospital, an interior ministry spokesman told AFP.

"At the second checkpoint he was recognised and blew his explosive-laden car," Nasrat Rahimi said.

Rahimi told a news conference that most of the victims were civilians. He said the Taliban-affiliated Haqqani Network was responsible and four suspects had been arrested.

Twenty minutes before the blast an news agency reporter saw police checking ambulances several hundred metres from the scene of the explosion, as the drivers and patients stood on the street. Ambulances are rarely checked in the city.

The International Committee of the Red Cross in Afghanistan condemned the use of an ambulance in the bombing, saying on Twitter it was "unacceptable and unjustifiable".

The Taliban used social media to claim responsibility for the attack, which comes exactly a week after its insurgents stormed Kabul's landmark Intercontinental hotel, killing at least 25 people, the majority foreigners.

Photos shared on social media purportedly of the blast -- the deadliest in Kabul since a truck bomb ripped through the city's diplomatic quarter on May 31, killing 150 people and wounding hundreds -- showed a huge plume of smoke rising into the sky.

Near the blast site civilians walked through debris- covered streets carrying wounded on their backs as others loaded several bodies at a time into ambulances and private cars to take them to medical facilities around the city.

The Italian NGO Emergency said 131 wounded had been taken to its hospital, with its coordinator Dejan Panic tweeting that it had been a "massacre".

A photo posted on Emergency's Twitter account showed hospital staff treating injured people in an outdoor walkway next to a garden.

A man told Ariana TV he had taken his wounded brother to Jamuriate and Emergency hospitals but had been turned away.

"They are asking people with non-life threatening wounds to go to other hospitals," he said.

Aminullah, whose stationery shop is just metres from where the explosion happened, said the force of the explosion shook the foundations of his building.

"The building shook. All our windows broke. The people are in shock in our market," he said.

A man told Tolo News he was passing the area when the explosion happened.

"I heard a big bang and I fainted," he said, outside the Emergency hospital.

"There were dozens of people who were killed and wounded. There were pools of blood."

The attack was condemned by the presidential palace as a "crime against humanity". There was international outcry too, with NATO, the US embassy in Kabul and British foreign minister Boris Johnson among those expressing horror at the latest attack.

The offices of the High Peace Council, charged with negotiating with the Taliban which has been waging a more than 16-year insurgency in the war-torn country, are also near the blast site.

"It targeted our checkpoint. It was really huge -- all our windows are broken," Hassina Safi, a member of High Peace Council said.

"So far we don't have any reports if any of our members are wounded or killed."

A security alert issued this morning had warned that the Islamic State group was planning "to conduct aggressive attacks" on supermarkets, shops and hotels frequented by foreigners.

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Agencies
June 2,2020

Singapore, Jun 2: Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negative outlook.

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, volatile oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets, said Moody's.

The Indian banking sector has been affected given the disruptions to India's economic activity from the coronavirus outbreak, which is weakening borrowers' credit profiles, it added.

The 11 lenders include Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Export-Import Bank of India, HDFC Bank, Indian Overseas Bank, IndusInd Bank, Punjab National Bank, State Bank of India and Union Bank of India.

The 11 non-finance companies are Oil and Natural Gas Corporation, Hindustan Petroleum Corporation, Oil India, Indian Oil Corporation, Bharat Petroleum Corporation, Petronet LNG, Tata Consultancy Services, Infosys, Reliance Industries, UPL Corporation and Genpact.

The 11 infrastructure companies are NTPC, NHPC, National Highways Authority of India, Power Grid Corporation, Gail India, Adani Green Energy Restricted Group (RG-2), Adani Transmission Restricted Group, Adani Ports and Special Economic Zone, Adani Transmission, Adani Electricity Mumbai and Azure Power Solar Energy.

The four Indian government-related issuers are Indian Railway Finance Corporation, Housing and Urban Development Corporation, Power Finance Corporation and REC Ltd.

"Government-related issuers in India have been affected because of disruptions to India's economy which will weaken borrowers' credit profiles," said Moody's.

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News Network
March 13,2020

Mumbai, Mar 13:  Investor wealth worth nearly Rs 12 lakh crore was wiped out in less than 15 minutes of trading on the stock exchanges on Friday, with the two benchmarks, the BSE Sensex and the NSE Nifty, crashing over 10 per cent.

The 30-share BSE Sensex plummeted 3,380.59 points, or 10.31 per cent, to 29,397.55. It hit an intra-day low of 29,388.97, falling up to 3,389.17 points.

Trading was halted for 45 minutes in the early session after the index hit its lower circuit limit.

The BSE and NSE benchmark indices, however, pared most losses with the Sensex trading 835.40 points, or 2.55 per cent, lower at 31,942.74, and the Nifty was down 253.25 points or 2.64 per cent at 9,336.90 at 10.40 am.

The mayhem on Dalal Street eroded investor wealth worth Rs 12,92,479.88 crore, taking the total m-cap to Rs 1,12,78,172.75 crore on the BSE at 1020 hours.

The m-cap of BSE-listed companies stood at Rs 1,25,70,652.63 crore at the end of trading on Thursday.

Traders said besides global selloff, incessant foreign fund outflows also weighed on investor sentiments.

On a net basis, foreign institutional investors sold equities worth Rs 3,475.29 crore on Thursday, data available with stock exchanges showed.

On the BSE, 1,279 scrips declined, while 193 advanced and 40 remained unchanged.

Volatility heightened in global markets as benchmarks world over went into panic mode, insinuating a freakish selloff.

Bourses in Shanghai dropped over 3.32 per cent, Hong Kong 5.61 per cent, Seoul 7.58 per cent and Tokyo cracked up to 7.97 per cent.

Wall Street lost 10 per cent in overnight trade.

More than 1,30,000 cases of the novel coronavirus have been recorded in 116 countries and territories, killing at least 4,900 people.

The number of coronavirus patients in India has risen to 74, as per the health ministry.

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News Network
July 2,2020

Jul 2: Democratic presidential candidate and former US vice-president Joe Biden has said that if he wins the November elections, strengthening the relationship with India which is America’s "natural partner", will be a high priority for his administration.

"India needs to be a partner in the region for our safety's sake and quite frankly for theirs," he said in response to a question on India-US relationship during a virtual fundraiser event on Wednesday.

At the fundraiser hosted by Chairman and CEO of Beacon Capital Partners Alan Leventhal, the former vice president said that India and the United States were natural partners.

"That partnership, a strategic partnership, is necessary and important in our security," Biden said when asked by an attendee whether India is critical to the US' national security.

Referring to his eight years as the vice president, he said, "In our administration, I was proud to play a role more than a decade ago in securing Congressional approval for the US-India Civil Nuclear Agreement, which is a big deal".

"Helping open the door to great progress in our relationship and strengthening our strategic partnership with India was a high priority in the Obama-Biden administration and will be a high priority if I'm elected president,” Biden said.

Both as the vice president and a senator from Delaware, he was a big supporter of India-US relationship.

About the November polls, Biden said that the character of the country is on the ballot. The upcoming election is the most important poll of a lifetime and that the country is currently engaged in a battle for its soul, he claimed.

Biden also slammed President Donald Trump and his administration over the handling of the coronavirus pandemic.

"Trump ignored warnings from the very beginning, refused to prepare and failed to protect the country. Not just now but throughout his presidency, undermining the very core pillars of ours, what I would argue, moral and economic strength.

"I really do believe that our country is crying out for leadership and maybe even more important, some healing. Today, we have an enormous opportunity not only to rebuild but to build back better than before. To build a better future. That's what America does," he added.

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