Islamic alliance will wipe terrorists from the earth: Saudi crown prince

Agencies
November 27, 2017

Riyadh, Nov 27: Saudi Arabia's powerful crown prince vowed to "pursue terrorists until they are wiped from the face of the earth" as officials from 40 Muslim countries gathered Sunday in the first meeting of an Islamic counter-terrorism alliance.

"In past years, terrorism has been functioning in all of our countries... with no coordination" among national authorities, Prince Mohammed bin Salman, who is also the Saudi defence minister, said in his keynote speech at the gathering in Riyadh.

"This ends today, with this alliance."

The summit is the first meeting of defence ministers and other senior officials from the Islamic Military Counter Terrorism Coalition, which officially counts 41 countries and identifies as a "pan-Islamic unified front" against violent extremism.

The alliance was announced in 2015 under the auspices of Prince Mohammed, whose rapid ascent since his appointment as heir to the throne in June has shaken the political scene across the region.

The alliance groups largely, although not exclusively, Sunni-majority or Sunni-ruled countries.

It excludes Saudi Arabia's neighbor, Shiite-dominated Iran, as well as Syria and Iraq, whose leaders have close ties to Tehran.

Sunday's meeting coincides with an escalation in tensions between Riyadh and Tehran, particularly over wars in Syria and Yemen and the political structure of multi-confessional Lebanon.

Saudi Arabia accuses Iran of supporting armed groups across the Middle East, including Lebanon's Shiite Hezbollah and Yemen's Huthi rebels.

The meeting also comes as several military coalitions, with backers including both Iran and key Saudi ally the United States, battle to push the Islamic State terror group from its last remaining bastions in Iraq and Syria.

The alliance meeting in Riyadh brings together Muslim or Muslim-majority nations including Egypt, the United Arab Emirates, Bahrain, Afghanistan, Uganda, Somalia, Mauritania, Lebanon, Libya, Yemen and Turkey.

Retired Pakistani general Raheel Sharif has been appointed commander-in-chief.

The alliance aims to "mobilise and coordinate the use of resources, facilitate the exchange of information and help member countries build their own counter-terrorism capacity," Sharif said.

While the alliance officially includes Qatar, which is the target of a six-month boycott led by Saudi Arabia, organisers in Riyadh said no Qatari officials were present at the meeting.

Qatar's flag was also absent.

Saudi Arabia, the UAE, Egypt and Bahrain abruptly cut diplomatic and trade ties with Qatar in June, accusing the emirate of being too close to Iran and supporting Islamist extremism. Qatar denies the allegations.

Egypt, which sent a military official and not its defence minister to the Sunday meeting, is reeling from a Friday attack on a mosque that killed more than 300 people during prayer time.

While IS has not claimed responsibility, Egyptian authorities say the organisation is the main suspect as the mosque is associated with followers of the mystical Sufi branch of Sunni Islam, whom IS has branded heretics.

Prince Mohammed said Friday's "painful event" was a reminder of the "danger of terrorism and extremism". "Beyond the killing of innocent people and the spread of hatred, terrorism and extremism distort the image of our religion," he said.

Since his sudden appointment as crown prince, Prince Mohammed has moved to consolidate power, announcing crackdowns on both terrorism and corruption.
A corruption purge saw around 200 Saudi elites including princes, ministers and business tycoons arrested or sacked earlier this month.

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Agencies
May 12,2020

New Delhi, May 13: Prime Minister Narendra on Tuesday announced Rs 20 lakh crore special economic package for the country to be 'self-reliant' and deal with COVID-19.

"I announce a special economic package today. This will play an important role in the 'Atmanirbhar Bharat Abhiyan.' The announcements made by the government over COVID, decisions of RBI and today's package totals to Rs 20 lakh crore. This is 10 per cent of India's GDP," said Prime Minister Modi in his address to the nation. The Prime Minister said that humanity would not accept defeat from the coronavirus but the people have to stay safe and move forward.

"We had never seen or heard about such a crisis ever before. This is definitely unimaginable for mankind. It is unprecedented. But humanity will not accept defeat from this virus. We have to not only protect ourselves but also move forward," he said.

Talking about the gravity of the virus, Modi said: "It has been four months the world is fighting COVID-19. More than 42 lakh people from different countries have been infected by COVID-19. More than 2.75 lakh people have lost their lives due to the virus. In India too many families have lost their dear ones, I express my condolences to them."

"Today when the entire world is in crisis, we will have to further firm our resolve," he added.

The Prime Minister on Monday held a video conference meeting with Chief Ministers of all states to discuss the road ahead in India's fight against COVID-19 and noted that he was of the firm view that measures needed during the third phase of lockdown will not be needed in the fourth phase.

Prime Minister Modi had said the need was to reduce the transmission rate of the disease and to increase public activity gradually while adhering to all the guidelines and efforts to be made towards achieving both these objectives.

The phase three of the lockdown is coming to an end on May 17.

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News Network
February 14,2020

Feb 14: R K Pachauri, a former chief of The Energy and Resources Institute, passed away on Thursday after a prolonged cardiac ailment, TERI Director General Ajay Mathur said.

He was 79.

"It is with immense sadness that we announce the passing away of R K Pachauri, the founder Director of TERI. The entire TERI family stands with the family of Dr Pachauri in this hour of grief," Mathur said in a statement issued by the TERI.

"TERI is what it is because of Dr Pachauri's untiring perseverance. He played a pivotal role in growing this institution, and making it a premier global organisation in the sustainability space," said Mathur, who succeeded Pachauri at TERI in 2015. Pachauri was admitted to Escorts Heart Institute in the national capital where he underwent open heart surgery and was put on life support on Tuesday, sources said.

In the statement issued by TERI, its Chairman Nitin Desai hailed Pachauri's contribution to global sustainable development as "unparalleled".

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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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