Kashmir remains tense, one more youth dies in clashes

April 13, 2016

Srinagar/New Delhi, Apr 13: Kashmir remained tense today as one more youth was killed in fresh clashes between protesters and security forces in the Valley amid curfew-like restrictions imposed in view of the disquiet following the death of three civilians in firing by Army yesterday.

Kashmir

An Assistant Sub-Inspector of Jammu and Kashmir Police was today suspended for "mishandling" of the law and order situation in north Kashmir's Handwara town where two youth and a woman were killed and four injured in firing by Army yesterday after allegations that a girl was molested by some soldiers.

Chief Minister Mehbooba Mufti, who is in Delhi on her maiden visit after assuming the charge, raised the matter with Defence Minister Manohar Parrikar who assured her that a probe will be conducted and the culprits punished.

Describing the firing incident as "very unfortunate", she said, "Such incidents should not happen in the future."

She said the families of the victims will be compensated. Northern Army Commander Lt General D S Hooda visited the affected area in Handwara and pushed for early completion of probe into the killing of three civilians yesterday. He termed the incident as "highly regrettable".

Meanwhile, one more youth was killed when security forces fired teargas shells to quell protesters, raising to four the toll in the clashes between protesters and security forces since yesterday.

The youth, identified as Jehangir Ahmad Wani, died after being hit by a teargas shell in the head during protests in Drugmulla, about 95 kms from here, over yesterday's deaths.

Wani was taken to a hospital, where doctors declared him brought dead, a police official said. Two others were injured in clashes with security forces.

A woman Raja Begum (55) who was injured in the firing yesterday, succumbed at a hospital this morning, making the death toll in yesterday's clashes three.

Protests were today reported from a number of other places as well even as authorities imposed curfew-like restrictions in six police station areas of Srinagar city and Handwara area of Kupwara in north Kashmir, a police official said.

He said restrictions were imposed in Rainawari, Maharajgunj, Nowhatta, Khanyar, Safakadal and Maisuma police station areas of Srinagar as a precautionary measure in view of apprehensions of law and order problems.

However, the official said, in view of Baisakhi festival, movement of members of Sikh community was allowed.

Separatist groups had also called for a strike against the killings as a result of which most of the shops, business establishments and petrol pumps were shut in areas other than those were restrictions have been imposed.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
July 2,2020

New Delhi, Jul 2: India's COVID-19 tally breached the 6 lakh cases mark with 19,148 new coronavirus cases being reported in the last 24 hours, informed the Union Ministry of Health and Family Welfare on Thursday.

The total cases now stand at 6,04,641 of which there are 2,26,947 active cases while 3,59,860 patients have been cured/discharged/migrated.

434 deaths have been reported in the last 24 hours taking the number of COVID-19 deaths in the country to 17,834.

Maharashtra, the worst-hit state, has a total of 1,80,298 cases including 8,053 fatalities. Meanwhile, Tamil Nadu has 94,049 cases inclusive of 1,264 deaths.

Delhi has 89,802 coronavirus cases including 2,803 deaths.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
July 30,2020

New Delhi, Jul 30: India's gold demand in 2020 is expected to fall to the lowest level in 26 years with domestic bullion prices hitting a record high and as falling disposable incomes could curtail retail purchases, the World Gold Council (WGC) said on Thursday.

Lower demand by the world's second-biggest bullion consumer could limit a rally in global prices, which hit a record high earlier this month, although it could also reduce India's trade deficit and support the ailing rupee.

"Fast rising gold prices could act as headwinds," said Somasundaram PR, the managing director of WGC's Indian operations.

Local gold futures have jumped 35% so far this year after rising a quarter in 2019.

India's gold consumption in the first half of 2020 plunged 56% on-year to 165.6 tonnes. Meanwhile, the coronavirus-triggered lockdown also slashed demand by 70% in the June quarter to 63.7 tonnes, the lowest in more than a decade, the WGC said in a report published on Thursday.

Millions of Indians have lost their jobs or taken a pay cut after the country imposed a lockdown on its 1.3 billion people to curb the spread of the virus that has infected more than 1.5 million Indians.

Consumption is generally high during the June quarter due to weddings and key festivals such as Akshaya Tritiya, but lockdown restrictions kept shoppers indoors this year.

The weak demand in the first half could drag down India's gold consumption in 2020 to the lowest since 1994, when demand stood at 415 tonnes, Somasundaram said, adding that it is still difficult to provide an estimate for full-year demand as the coronavirus crisis is still unfolding.

"Indian demand has previously jumped as much as 300 tonnes in a quarter. Latent demand could come out in the second half," Somasundaram said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
March 6,2020

New Delhi, Mar 6: After Yes Bank was placed under moratorium, digital payments were impacted as PhonePe, which depends on the cash-strapped lender for its transactions, could not operate.

It can be noted that the bank's own net banking facilities have not been operational since last evening. Other fintech operators who rely on Yes Bank to settle their transactions are also down.  “We sincerely regret the long outage. Our partner bank (Yes Bank) was placed under moratorium by RBI. Entire team's been working all night to get services back up asap (as soon as possible),” the app's chief executive Sameer Nigam tweeted early in the morning.

PhonePe, one of the country's largest digital payment platforms, is dependent on Yes Bank to process its transactions.

He added that the app hopes to be live in a “few hours”.

Yes Bank placed under a moratorium Thursday evening, with the RBI capping deposit withdrawals at Rs 50,000 per account for a month and superseding its board.

Yes Bank will not be able to grant or renew any loan or advance, make any investment, incur any liability or agree to disburse any payment.

For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.

He added that the app - one of the most popular interfaces for UPI transactions - hopes to be live in a “few hours”.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.