Death toll in Valley protests against Guru hanging rises to 3

February 11, 2013

kashmirSrinagar, Feb 11: A youth shot in firing by security forces during protests in the Kashmir Valley against the hanging of Parliament attack convict Afzal Guru died early today taking the death toll to three since clashes broke out last Saturday.

As the Valley remained under curfew for the third day today, official sources said the situation was by and large peaceful with no reports of any untoward incident from anywhere in the Valley.

Jammu and Kashmir government in a revised press statement during the day deleted a reference to the earlier announcement of a magisterial inquiry into the incidents leading to the death of the three youths during the protests.

The first statement by an official spokesman earlier quoted Divisional Commissioner, Kashmir, Asgar Samoon about directions being given for conducting a magisterial probe.

Samoon when contacted said the matter regarding any magisterial probe has not been decided yet and that the state goernment may take a view later.

Ubaid Mushtaq, who was injured allegedly in firing by security forces at Watergam village in Baramulla district yesterday, succumbed to injuries at 3 AM, Medical Superintendent of SKIMS Hospital Aijaz Mustafa said.

Two youths drowned in a river in Ganderbal yesterday when they tried to escape security personnel while being chased during a demonstration by protesters.

The body of one of the youths--Zameer Ahmad Dar-- was fished out from Jhelum river in Ganderbal district this morning, official sources said. The other youth who drowned was identified as Tariq Ahmad Bhat.

An irate mob thrashed Executive Magistrate Ganderbal Ghulam Mohammad Khatana and his personal security guard Fayaz Ahmad as body of Dar was being taken to Sub-District Hospital for post-mortem, Official sources said.

The sources said Khatana and his guard had to be rescued by police by firing tear smoke shells at the protesters. Both of them were admitted to a hospital for treatment.

The restrictions on the movement of people in the Valley were also further tightened in view of apprehension of widespread protests to commemorate the 29th death anniversary of JKLF founder Mohammad Maqbool Bhat.

Bhat, who was sentenced to death for murder of a police officer, was hanged inside Tihar Jail on this day in 1984.

As many as 14 companies of BSF were rushed to Kashmir Valley from Jammu to beef up the security apparatus.

Earlier post:

Curfew continues uninterrupted in Kashmir, teen dies

Srinagar, Feb 11: A 14-year-old boy wounded in clashes with security forces died in a hospital here Monday as curfew continued without any relaxation in Kashmir Valley for the third day following the hanging of Afzal Guru.

All 10 district headquarters have been under curfew since Saturday, when Afzal Guru, who belonged to Sopore, was hanged in New Delhi for his role in the Dec 13, 2001 attack on parliament.

kasmirAs tension continued in the valley, Ubaid Ahmad Rather, who had been injured Sunday in clashes with security forces in Watergam (Rafiabad) village in Baramulla district died in Srinagar's super specialty Sher-e-Kashmir Institute of Medical Sciences Soura hospital, family sources said. Four others had been injured.

Ubaid and another critically injured person Sajad Ahmad had been referred to the Srinagar hospital by doctors in Baramulla district Sunday evening. In another incident, a youth identified as Tariq Ahmad Bhat drowned in Jhelum river.

Police said the youth had died after a boat capsize while five others were saved during the incident. However, villagers in Batwina village of north Kashmir Ganderbal district said he was being chased by security forces during the protests and jumped into the river in panic.

Taking no chances with the law and order situation, authorities continued curfew in the valley.

On Monday, separatists had already called for a protest shutdown to coincide with the death anniversary of Jammu and Kashmir Liberation Front (JKLF) founder Muhammad Maqbool Butt, who was hanged in Tihar Jail this day in 1984.

Authorities have said there would be no restrictions on the movements of medical staff and all others responsible for maintaining essential services in the valley.

"Their identity cards should be treated as curfew passes by the security forces," an official told reporters.

No print editions of local newspapers could hit the stands here for the second day as editors said their print publications were being disallowed by the authorities.

Cable television operations in Srinagar city also remained suspended for the third day while reports from other district headquarters said cable television operations continued normally there.

No internet services were available in the Valley today on dongle appliances or mobile phones as all service providers shut services without any intimation to their subscribers three days back.

BSNL broadband facilities, however, worked in the summer capital Srinagar and other places in the Valley.

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News Network
May 4,2020

Munbai/New Delhi, May 4: India expects bad debts at its banks could double after the coronavirus crisis brought the economy to a sudden halt, a senior government official and four top bankers said.

Indian banks are already grappling with 9.35 trillion rupees ($123 billion) of soured loans, which was equivalent to about 9.1% of their total assets at the end of September 2019.

"There is a considered view in the government that bank non-performing assets (NPAs) could double to 18-20% by the end of the fiscal year, as 20-25% of outstanding loans face a risk of default," the official with direct knowledge of the matter said.

A fresh surge in bad debt could hit credit growth and delay India's recovery from the coronavirus pandemic.

"These are unprecedented times and the way it's going we can expect banks to report double the amount of NPAs from what we've seen in earlier quarters," the finance head of a top public sector bank told Reuters.

The official and bankers declined to be named as they were not officially authorized to discuss the matter with media.

India's finance ministry declined to comment, while the Reserve Bank of India and Indian Banks' Association, the main industry body, did not immediately respond to emails seeking comment.

The Indian economy has ground to a standstill amid a 40-day nationwide lockdown to rein in the spread of coronavirus cases.

The lockdown has now been extended by a further two weeks, but the government has begun to ease some restrictions in districts that are relatively unscathed by the virus.

India has so far recorded nearly 40,000 cases of the coronavirus and more than 1,300 deaths from COVID-19, the respiratory disease caused by the coronavirus.

'RIDING THE TIGER'

Bankers fear it is unlikely that the economy will fully open up before June or July, and loans, especially those to small- and medium-sized businesses which constitute nearly 20% of overall credit, may be among the worst affected.

This is because all 10 of India's largest cities fall in high-risk red zones, where restrictions will remain stringent.

A report by Axis Bank said that these red zones, which contribute significantly to India's economy, account for roughly 83% of the overall loans made by its banks as of December.

One of the sources, an executive director of a public sector bank, said that economic growth had been sluggish and risks had been heightened, even ahead of the coronavirus crisis.

"Now we have this Black Swan event which means without any meaningful government stimulus, the economy will be in tatters for several more quarters," he said.

McKinsey & Co last month forecast India's economy could contract by around 20% in the three months through June, if the lockdown was extended to mid-May, and growth in the fiscal year was likely to fall 2% to 3%.

Bankers say the only way to stem the steep rise in bad loans is if the RBI significantly relaxes bad asset recognition rules.

Banks have asked the central bank to allow all loans to be categorized as NPAs only after 180 days, which is double the current 90-day window.

"The lockdown is like riding the tiger, once we get off it we'll be in a difficult position," a senior private sector banker said.

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News Network
March 25,2020

Chennai, Mar 25: Tamil Nadu reported its first Covid-19 death at the Rajaji Government Hospital in Madurai this morning. The 54-year-old man from Madurai had no history of travel to any coronavirus-affected state or country.

However, he did have contact with two Thai nationals who had tested positive for Covid-19 and are undergoing treatment in isolation in Erode.

"Despite our best efforts, the #COVID-19 +ve Pt at MDU, #RajajiHospital, passed away few minutes back. He had medical history of prolonged illness with steroid-dependent COPD, uncontrolled Diabetes with Hypertension,” Tamil Nadu health minister C. Vijayabaskar tweeted.

The patient tested positive for the coronavirus on March 23. Yesterday the minister had disclosed that the patient had not responded well to treatment due to his medical condition. “He has a medical history of prolonged illness with steroid dependent COPD, uncontrolled diabetes with hypertension,” he said.

As of Wednesday morning, the total number of Covid-19 infected patients in Tamil Nadu was 18, including one patient who has recovered.

The latest patients include a 65-year-old man who returned from New Zealand and is currently in isolation at a private hospital, a 55-year-old woman from Saidapet who is currently in quarantine Kilpauk Medical College Hospital, and a 25-year-old who returned from London and is undergoing treatment at the Rajiv Gandhi Government General Hospital.

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Agencies
August 3,2020

New Delhi, Aug 3: President Ram Nath Kovind and Prime Minister Narendra Modi on Monday extended warm greetings and good wishes to the countrymen on the occasion of Rakshabandhan.

The President in his message said, "Greetings on Raksha Bandhan! Rakhi is the sacred thread of love and trust that connects sisters with brothers in a special bond. On this day, let us reiterate our commitment to secure the honour and dignity of women."

"Many wishes to all the countrymen on the auspicious occasion of Rakshabandhan," Prime Minister Modi tweeted in Hindi.

Rakshabandhan, which is being celebrated today, is a celebration of the unique bond between brothers and sisters. Tying of the Rakhi by sisters, symbolises love, affection and mutual trust between brothers and sisters. 

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