Intruders gunned down in Jammu and Kashmir

September 21, 2016

Srinagar/New Delhi, Sep 21: The Army on Tuesday gunned down a group of infiltrators which tried to cross over to the Indian side of the Line of Control (LoC) under the cover of Pakistani firing in Jammu and Kashmir.

gunnedThis incident came even as the government mulled over options to retaliate against Pakistan for an audacious terror strike that killed 18 soldiers in Uri town two days ago.

Another infiltration bid was foiled in Naugam, where one soldier was killed, defence officials said. The exact number of casualties was not immediately known as gun battles were underway in both places.

Tuesday’s developments came as the government was set to finalise an “appropriate” strategic response to the September 18 attack. The Cabinet Committee on Security (CCS) is due to meet on Wednesday.

The encounters followed a “blatant provocation” by Pakistani forces which violated the ceasefire, forcing the Army to retaliate with full might, officials said in New Delhi.

The Pakistani troops first resorted to heavy gunfire with small and automatic firearms from across the LoC. No damage was caused to the Indian posts. While unconfirmed reports said 10 militants and a soldier had been killed in the encounters so far, officials didn’t confirm it.

Defence spokesman Col S D Goswami said in Srinagar that “our troops deployed in the Uri sector, reacting to a suspicious movement, intercepted a group of terrorists near the LoC and foiled an infiltration bid.”

“Another infiltration bid was foiled in Naugam sector. Operations are in progress,” he said, without elaborating.

As for options before the government, top officials remained tight-lipped, indicating that the timing of actions held the key to best results. The options that have been debated within the military circles included precision airstrikes on terrorist camps in Pakistan; raids by special forces; missiles directed at Pakistani posts; and use of heavy artillery across the

LoC to inflict heavy casualties on the Pakistani side.

However, the CCS, which will meet under Prime Minister Narendra Modi’s chairmanship, is expected to focus on a rather calibrated, strategic response rather than a knee-jerk reaction, according to sources.

The government had on Monday indicated that it could choose from a range of options – starting from diplomatic isolation of Pakistan to a series of military and intelligence offensives – in its response to the attack on the Uri base. It also hinted that India’s response will be at multiple levels and not restricted to a tactical operation on or across the LoC. As a first step towards this end, Tuesday’s action on the group of infiltrators was seen as the result of the Army going on high alert.

One of the top priorities of the commanders is to boost the perimeter security of the army installations in Jammu and Kashmir as the infiltration activities are on a high compared with the last couple of years.

An assessment by the Northern Command identified five core lapses that could have led to the terrorist attack. Top sources said the attack was not possible without let-ups in following the standard operating procedures at locations close to the LoC.

The lapses apparently included the militants being able to cross the double barbed-wire fence, supposed to be patrolled round the clock. Secondly, they breached the perimeter fencing of the military camp. Thirdly, soldiers who were part of an advance party were putting up in tents in the open.

Fourth, the tents were too close to the fuel dump of the Uri brigade. Fifth, only a few armymen had weapons in ready-to-fire mode.

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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
April 30,2020

Bengaluru, Apr 30: Shares of Glenmark Pharmaceuticals Ltd rose almost 9% on Thursday after the Indian drugmaker got an approval to conduct clinical trials with antiviral drug favipiravir, seen as a potential treatment for COVID-19.

Favipiravir, manufactured under the brand name Avigan by a unit of Japan's Fujifilm Holdings Corp and approved for use as an anti-flu drug in the Asian island country in 2014, has been effective, with no obvious side-effects, in helping coronavirus patients recover, a Chinese official told reporters at a news conference last month.

"After having successfully developed the API and the formulations ... Glenmark is all geared to immediately begin clinical trials on favipiravir on COVID-19 patients in India," Sushrut Kulkarni, executive vice-president for Global R&D, Glenmark Pharmaceuticals, said in a statement. 

The Drug Controller General of India, the country's drug regulator, did not immediately respond to Reuters request for comment.

On Wednesday, another Indian pharmaceutical company, Strides Pharma Science Ltd, said it had developed and commercialized favipiravir antiviral tablets, and had applied to Indian drug authorities to start trials.

Shares of Mumbai-based Glenmark Pharmaceuticals, which rose as much as 8.9% to 359 rupees ($4.78), was trading up 5.9%, as of 0407 GMT.

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January 15,2020

New Delhi, Jan 15: The mother of 23-year-old paramedic student, who was raped and brutally assaulted by six men in December 2012, on Tuesday said she knew that the curative petitions of the convicts will be rejected and is confident that they will be hanged on January 22.

Her remarks came after the Supreme Court on Tuesday refused to stay the execution of two of the four death row convicts in the 2012 Nirbhaya gang rape and murder case while dismissing their curative petitions against their conviction and capital punishment.

"The curative please had to be rejected. This was the third time they had gone to the Supreme Court. Whatever pleas they file, we are ready to face them and we will fight it out. We feel that they will be hanged on January 22. We want that to happen," Nirbhaya's mother told PTI over phone.

The four convicts -- Vinay Sharma (26), Mukesh Kumar (32), Akshay Kumar Singh (31) and Pawan Gupta (25) -- are to be hanged on January 22 at 7 am in Tihar jail as a Delhi court issued their death warrants on January 7.

Vinay and Mukesh had filed curative petitions on January 9.

Shortly after the apex court refused to stay the execution of two of them, Mukesh moved a mercy petition before President Ram Nath Kovind.

Mukesh also approached the Delhi High Court for quashing the death warrant. The high court is expected to take up his petition on Wednesday.

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