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Modi takes on Pakistan at BRICS, terms it mothership of terror

October 16, 2016

Benaulim (Goa), Oct 16: Talking tough on Pakistan at the BRICS Summit, Prime Minister Narendra Modi today said the "most serious" direct threat to regional security was terrorism, whose "mothership" was a country in India's neighbourhood.

modiThe Prime Minister also said that country nurtures a mindset that loudly proclaims that terrorism is justified for political gains.

Addressing Russian President Vladimir Putin, Chinese President Xi Jinping, Brazilian President Jacob Zuma and South African leader Michel Temer at the BRICS Summit's "restricted" segment, Modi said terror modules around the world are linked to this "mothership".

"In our own region, terrorism poses a grave threat to peace, security and development. Tragically its mothership is a country in India's neighbourhood. Terror modules around the world are linked to this mothership," he said.

"This country shelters not just terrorists. It nurtures a mindset. A mindset that loudly proclaims that terrorism is justified for political gains. It is a mindset that we strongly condemn.

"And, against which we as BRICS need to stand and act together. BRICS must speak in one voice against this threat," Modi said, without naming Pakistan directly.

During his bilaterals with Putin and Xi yesterday, Modi had strongly articulated India's concerns over terrorism emanating from Pakistan.

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The Prime Minister stressed that those supporting terror should be punished.

"We are united in our belief that terrorism and its supporters have to be punished, not rewarded," he said.

The Prime Minister also asked BRICS countries to work together for early adoption of the Comprehensive Convention on International Terrorism (CCIT) by the UN to tackle the menace and step up practical cooperation against terrorism.

Observing that BRICS nations have been a voice for peace, reform, reason and purposeful action, he said, "If new drivers of growth have to take root, there must be unhindered flow of skilled talent, ideas, technology and capital across borders

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Talking about critical challenges that the world is confronted with, he said there was a need for a clear roadmap to revive the global economy.

"We have built new global institutions to complement the existing architecture. The NDB & Contingency Reserve Arrangement stand out," he added.

Referring to India recently ratifying the Paris Climate Agreement, he said, "We are committed to a harmonious balance between development and climate change. The path laid down by the SDGs or agenda 2030 is a valuable blueprint of hope. India's own development priorities are aligned with them."

Modi concluded his remarks by mentioning non-conventional security challenges, from threats on cyberspace and piracy on high seas to human trafficking.

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Correction
 - 
Sunday, 16 Oct 2016

Dear CD,

Please correct, President of South Africa is Jacob Zuma and Brazilian President is Michel Temer.

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News Network
July 17,2020

New Delhi, Jul 17: With the highest single-day spike of 34,956 cases, and 687 deaths, India's COVID-19 positive cases crossed the 10 lakh mark on Friday, according to the Union Ministry of Health and Family Welfare.

The total positive cases stand at 10,03,832 including 3,42,473 active cases, 6,35,757 cured/discharged/migrated and 25,602 deaths, according to the Ministry.

As per the Ministry, Maharashtra -- the worst-affected state from the infection -- has a total of 2,84,281 COVID-19 cases and 11,194 fatalities.

While Tamil Nadu has a tally of 1,56,369 cases and 2,236 deaths due to COVID-19.
Delhi has reported a total of 1,18,645 cases and 3,545 deaths due to COVID-19. 

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Agencies
June 8,2020

Lucknow, Jun 8: The coronavirus which has now been assigned a gender, is being worshipped in Uttar Pradesh also after Bihar as superstition run deep. Women in some villages in Tumkuhiraj, Kasia, Hata, Captanganj and Khadda tehsil in Kushinagar district have started worshipping 'Corona Mai' and are pleading with her to spare lives.

These women have dug a small pit in the field, filled it with water and each one offers nine cloves and nine 'laddoos' to 'Corona Mai' to appease her.

Women from adjoining villages are now flocking to the 'temple' to pray to 'Corona Mai'.

Some local people have appealed to the district administration to stop such activities which spread superstition and misinformation.

Radhey Lal, a school teacher in Kasia, said, "The authorities must stop such activities which promote superstition. Everyone knows that there is no cure for corona and this kind of activities must be stopped."

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News Network
January 7,2020

Jan 7: India’s monetary authority allowed banks to offer foreign-currency transactions outside of local market hours, a move aimed at boosting trading volumes at home.

Interbank deals, as well as those with customers in and outside India, can be undertaken by banks or their overseas branches and units at all times, the Reserve Bank of India said in a statement late Monday. It stopped short of saying whether the timing of the onshore over-the-counter market has been extended from the current 9 a.m. to 5 p.m.

The move is in line with recent recommendations to reverse the trend of the partially convertible rupee being traded more abroad than in India. London has overtaken Mumbai to become the top center for trading the rupee, adding to a sense of urgency among local authorities to deepen the onshore market.

Average daily volumes for rupee in the U.K. soared to $46.8 billion in April, a more than fivefold jump from $8.8 billion in 2016, according to a survey from the Bank for International Settlements published in September. That exceeded the $34.5 billion recorded in India.

Analysts say more trading abroad could amplify volatility in the domestic market and reduce the effectiveness of policy actions.

India’s decision comes as the London Stock Exchange Group Plc has started asking market participants if they want the bourse to function fewer hours, signaling it’s open to an argument driven by changing trading patterns and calls for a better work-life balance.

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