Russia will help if Syria is attacked: Putin

September 6, 2013

vladimir_putin

Moscow, Sep 6: Russia will help Syria if it comes under attack, President Vladimir Putin said, stressing that a majority of world leaders attending a G20 summit in St. Petersburg came out against military intervention in the Arab nation.

Asked at a post-summit press conference if Russia will continue to support the Syrian government in the event of a U.S. military strike Mr. Putin said: “Will we help Syria? We will. We are already helping, we’re sending arms [and] cooperating in the economic sphere. I hope we will expand our cooperation in the humanitarian sphere, including relief aid to support civilians who have found themselves in a very dire situation in that country.”

The Russian leader said G20 was divided on the Syrian crisis but a great majority of the world leaders gathered in St. Petersburg clearly opposed unilateral military intervention in Syria.

“I can tell you who favoured military action. It is the U.S., Turkey, Canada, Saudi Arabia and France, while British Prime Minister’s support for the U.S. was not shared by his citizens,” Mr. Putin said. “Now, who were categorically against: Russia, China, India, Indonesia, Argentina, Brazil, South Africa and Italy.”

Mr. Putin said he took note of “unexpectedly” strong stand taken by Prime Minister Manmohan Singh against unilateral military action.

Dr. Singh was quoted as telling the G20 that whatever action is required in Syria should be under the auspices of the U.N. and not outside its framework.

China’s President Xi Jinping also opposed military strike in Syria.

“Political solution is the only right way out for the Syrian crisis, and a military strike cannot solve the problem from the root,” Xinhua news agency quoted Mr. Xi as saying. “We expect certain countries to have a second thought before action.”

Syria was not on official agenda of the G20 summit, but the world leaders spent the “entire” Thursday evening discussing the Syrian crisis over dinner which stretched late into the night, Mr. Putin said.

The Russian President said he had a “substantive, constructive” 20-minute meeting with U.S. President Barack Obama on the sidelines of the G20 summit, but failed to bridge their differences over Syria.

“He doesn't agree with me, I don't agree with him. But we listened to each other,” Mr. Putin said adding that the two leaders agreed to have the Foreign Ministers of the two countries “get in contact and discuss this painful subject.”

Mr. Putin stressed that chemical weapons attacks in Syria were “provocations” staged by rebels in order to get help from their Western backers and that any outside intervention in Syria must be approved by the U.N., otherwise it would be “aggression.”

At a separate press conference in St. Petersburg Mr. Obama defended his intention to attack Syria and claimed growing support from other nations, but did say if any other country apart from France was ready to join in his move.

He said it's “clear that many countries agree with us that international norms must be upheld”.

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Agencies
July 11,2020

New Delhi, Jul 11: A notice which claims that a COVID-19 Monitoring Committee has been formed is fake, and no such committee has been set up by the Union Home Ministry, as per Spokesperson, Ministry of Home Affairs (MHA).

The "Fake" MHA order stated, "Pursuant to the official orders received dated: Monday, May 18, 2020, of the Honourable Minister of Home Affairs, passed in the approval of Special Status Advisory Committee for COVID-19, a COVID-19 Monitoring Committee has been constituted in the MHA vide order dated: Friday, June 12, 2020."

MHA Spokesperson also cautioned people to beware of fake news and rumours.

India's COVID-19 case count crossed the eight lakh-mark on Saturday with yet another highest single-day spike of 27,114 new cases in the last 24 hours.

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News Network
March 6,2020

New Delhi, Mar 6: As panicky depositors rushed to withdraw money from Yes Bank whose control was seized by the RBI in a dramatic late-night move, Finance Minister Nirmala Sitharaman on Friday assured depositors that their money is safe and said the central bank was working for an early resolution of the crisis.

The Reserve Bank of India (RBI) on Thursday evening capped withdrawals at Rs 50,000 for the next one month and imposed strict limits on operations at the country's fourth-largest private lender that faced "regular outflow of liquidity" after an effort to raise new capital failed.

"I am in continuous interaction with the RBI. The RBI is fully seized of the matter and has assured they will give a quick resolution," Sitharaman said here.

She said no depositor will lose his or her money and insisted that the immediate priority is to ensure Yes Bank customers are able to withdraw money within the stipulated cap.

"I want to assure every depositor that their money shall be safe. Their monies are safe," she said. "I am constantly in contact with the RBI and the steps that are taken are taken in the interest of depositors, banks and economy. We are fully seized of the development."

She was talking to reporters after meeting State Bank of India (SBI) Chairman Rajnish Kumar. On Thursday, the SBI board gave its "in-principle" approval to exploring investment opportunities in Yes Bank.

"So I repeat, the depositors can be assured that their money is safe," she said.

Soon after the RBI takeover, depositors thronged Yes Bank ATMs to withdraw money and police had to be deployed in some places to control the crowds.

Yes Bank has 1,000 branches across the country.

Refusing to elaborate on her meeting with the SBI chairman, the minister said that "was on a completely different matter".

"RBI governor has given me assurance that there will be an appropriate resolution soon. No depositor will lose (money)," she said. "Reserve Bank has taken cognizance of the problem."

The central bank, she said, has gone through the "process over and over again to find out an amicable solution".

"And that has been over the last couple of months. So it is not as if they have come in suddenly now. We have been monitoring the situation," she said adding the RBI has appointed an administrator who previously was with the SBI.

"Both the RBI and the government are looking at this with all the details before them, not just today. I have personally monitored the situation over the last couple of months with the RBI. Therefore we have taken a course which will be in everybody's interest," she added.

Yes Bank had been seeking new capital since last year to bolster its ratios and quell questions about its stability due to its exposure to the non-banking finance industry entangled in a prolonged crunch in the local credit market.

The SBI chairman said the resolution to the Yes Bank crisis will come "very shortly".

"This is not a sectoral problem. It is a bank-specific problem," he said. "The RBI will take all steps to ensure financial stability."

On SBI picking up a stake in Yes Bank, he said the lender already has an in-principle approval for doing so.

"If SBI has to pick up a stake in Yes Bank, we have an in-principle approval for that," he said.

Commenting on the crisis at Yes Bank, Alka Anbarasu, Vice President – Senior Credit Officer, Financial Institutions, Moody's Investors Service, said: "RBI's moratorium on Yes Bank is credit negative as it affects timely repayment of bank depositors and creditors."

"While Moody's expects Indian authorities will take steps to prevent the weakness in the bank's viability from significantly impacting its depositors and senior creditors, the lack of a coordinated and timely action highlights continued uncertainty around bank resolutions in India," she said.

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News Network
April 14,2020

New Delhi, Apr 14: With 1,211 fresh cases of coronavirus reported in the last 24 hours, the total number of confirmed cases of COVID-19 in the country has reached 10,363 including 339 deaths, said Lav Aggarwal, Joint Secretary, Health and Family Welfare, here on Tuesday.

As many as 1,036 people have recovered from the disease so far, said Aggarwal during the daily media briefing on the coronavirus. "In one day, 179 people were diagnosed and found cured," he added.

"A total of 10,363 confirmed cases have been reported in India including 339 deaths and 1,036 people, who were COVID-19 positive have recovered. Out of the total deaths, 31 deaths have been reported in the last 24 hours," said Aggarwal.

Aggarwal said that an evaluation of each district and city will be done till April 20.

"An evaluation of each district and city will be done till April 20 in which it will be evaluated what measures did that authorities take in these cities and districts to combat COVID-19," he said.

"Based on the results of this litmus test approach, permission will be granted for some selective activities to those districts and cities which controlled the situation effectively. Detailed guidelines will be issued soon," he added.

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