India to push for action against terror at G-20

November 15, 2015

New Delhi, Nov 15: After a series of deadly terror attacks in Paris, India is set to raise its pitch to seek stronger global actions against the menace, with Prime Minister Narendra Modi likely to call upon G-20 leaders assembling in Turkey to push for early adoption of the long-pending Comprehensive Convention on International Terrorism by the United Nations.

namoThe G-20 summit at Antalya in Turkey on Sunday and Monday seems set to be overshadowed by Paris attacks and Modi is likely to stress that the fight against terrorism and sponsors of terrorism will require greater and more effective international cooperation. He will argue that the global consensus against terrorism should not be allowed to be held back by a few and the world must unequivocally reject “selective approaches” in combating terrorism.

The prime minister will join other G-20 leaders for a dinner in Antalaya on Sunday to discuss global terrorism and refugee crisis. He is likely to call for international efforts to counter ideology that underpins extremism and draws youths to terrorism, officials told Deccan Herald in New Delhi.

Modi will also refer to anti-India terrorism emanating from Pakistan. He is likely to recall the November 26-29, 2008 terror strikes in Mumbai and call upon world leaders to nudge the Pakistan government to bring to justice the masterminds of the attacks, which had left over 170 killed and countless others injured. The similarity between 26/11 attacks in Mumbai and the string of terror strikes in Paris late on Friday already caught the attention of the international community.

Though the G-20 generally focuses on international economy, Turkey, which currently holds the presidency of the bloc, also included in the agenda issues related terrorism, with particular emphasis in the situation in Iraq and Syria, where Islamic State still controls large territories.

Modi, who was on a visit to London till Saturday, and British Prime Minister David Cameron on Saturday agreed to continue to work together to disrupt all financial and tactical support for terrorist networks to prevent terror strikes and to counter violent extremism, including through exchanges of best practices and technologies.

New Delhi has of late sharpened its criticism against the United Nations Security Council for its “less than robust” response to the threat of terrorism, especially in Asia and Africa.

“The increasing number and brutality of terrorist acts meanwhile vividly illustrates the ineffectiveness of the (UN Security) Council to counter terrorism,” Ashoke Mukherjee, Permanent Representative of India to the UN, told the General Assembly of the international organisation on Thursday.

India is likely to redouble efforts to end impasse in the negotiations over the UN Comprehensive Convention on International Terrorism, which New Delhi has been pushing for since 1996.

Though a draft text of the CCIT is pending before the General Assembly since 2008, negotiations are currently deadlocked, primarily due to disagreements over the definition of terrorism.

“I would like the UN that is celebrating its 70th anniversary to not waste anytime in defining terrorism,” Modi said in London on Saturday.

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Agencies
June 22,2020

Mumbai, Jun 22: After downgrading India's outlook to negative from stable, Fitch Ratings on Monday revised the outlook on nine Indian banks to negative.

The outlook on the Long-Term Issuer Default Ratings (IDR) was revised to negative from stable due to the banks' high dependence on the Centre to re-capitalise them.

Accordingly, the IDR outlook of the Export-Import Bank of India, the State Bank of India, the Bank of Baroda, the Bank of Baroda (New Zealand), the Bank of India, the Canara Bank, the Punjab National Bank, ICICI Bank and Axis Bank Ltd have been downgraded to negative.

"At the same time, Fitch has affirmed IDBI Bank Limited's (IDBI) IDR while maintaining the outlook at negative," Fitch said in a statement.

The rating actions follow Fitch's revision of the outlook on the 'BBB-' rating on India to negative from stable on June 18, due to the impact of the escalating coronavirus pandemic on India's economy.

"The IDRs for all the above Indian banks are support-driven and anchored to their respective SRFs," the statement said.

"They are based on Fitch's assessment of high to moderate probability of extraordinary state support for these banks, which takes into account our assessment of the sovereign's ability and propensity to provide extraordinary support."

According to the statement, the negative outlook on India's sovereign rating reflects an increasing strain on the state's ability to provide extraordinary support, due to the sovereign's limited fiscal space and the significant deterioration in fiscal metrics due to challenges from the COVID-19 pandemic.

"The rating action does not affect the banks' Viability Rating (VR). EXIM does not have a VR as its role as a policy bank makes an assessment of its standalone credit profile less meaningful."

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News Network
February 4,2020

New Delhi, Feb 4: The investigation into the incident of violence at Jamia Millia Islamia during an anti-citizenship law protest was at a crucial stage, the Centre told the Delhi High Court on Tuesday.

The submission before a bench of Chief Justice D N Patel and Justice C Hari Shankar was made by Solicitor General Tushar Mehta while seeking more time to file a report regarding the probe.

Taking note of the submission, the bench granted the Centre time till April 29 to file a reply.

During the hearing, senior advocate Colin Gonsalves, appearing for some students of Jamia, said 93 students and teachers filed complaints about alleged attacks on them by police but no FIR has been filed against the agency till date.

The other lawyers for the petitioners alleged that the government has not complied with the court order to file a response within four weeks of the last date of hearing on December 19.

The bench, however, declined to pass any interim order and granted time till April 29 to the government to file a reply.

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News Network
January 30,2020

Baharampore, Jan 30: Two persons were killed and one was injured in a clash over a protest programme against the CAA and the proposed NRC in West Bengal's Murshidabad district on Wednesday, police said.

The incident occured after an argument broke out between the two sides at Jalangi over a protest programme opposing Citizenship Amendment Act.

According to the police, a scuffle broke out between the local TMC leaders and residents' forum 'Nagarik Mancha', which was observing a shutdown in the area against the amended citizenship act and the proposed country-wide NRC.

The residents' forum was asked to withdraw the shutdown and the situation turned violent as both sides came to blows and hurled bombs at each other. Several two-wheelers and cars were damaged and set on fire during the clash.

Local TMC MP Abu Taher, denied that the party was involved in the clash and alleged that the violence was by Congress and CPI(M) supporters.

"I have requested the police to look into the incident. The culprits should be immediately arrested," he said.

Senior Congress leader and MLA Manoj Chakraborty said that the party was not involved in the incident and demanded judicial inquiry into it.

The injured have been rushed to Murshidabad Medical College and Hospital here, the police said.

The Muslim-majority district had witnessed violence and arson during the anti-CAA protests across the state in December last year.

West Bengal became the fourth state after Left-ruled Kerala, and Punjab and Rajasthan, where the Congress is in power, to have passed a resolution on January 27 against the Citizenship (Amendment) Act. The state assembly had on September 6, 2019, passed a resolution against NRC.

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