No talks with Afghan’s Taliban, will 'finish' it: Donald Trump

Agencies
January 30, 2018

Washington, Jan 30: President Donald Trump told visiting members of the UN Security Council today the US would no longer talk with the Taliban following a recent string of deadly attacks in Afghanistan.

Trump railed against a series of "atrocities" in Afghanistan and said as a result the US would not engage in any future talks with the Taliban as the administration seeks to end a stalemate in America's longest war."Innocent people are being killed left and right. Bombing, in the middle of children, in the middle of families, bombing, killing all over Afghanistan," Trump said. "So we don't want to talk with the Taliban. There may be a time but it's going to be a long time."The president's comments followed a deadly car bombing attack in Kabul, the Afghan capital, that killed at least 95 people and wounded 158 more. Earlier this month, Americans were killed and injured in the Taliban's 13-hour siege of a hotel in Kabul.

Trump's remarks at the diplomatic luncheon marked a shift in tone on Afghanistan. The US has said previously that any peace talks with the Taliban need to be part of an Afghan-led process, but the US has never precluded talking to the Taliban.Secretary of State Rex Tillerson, who sat next to the president at the luncheon, has said previously that after an effective military effort, a political settlement including some Taliban might be possible, echoing language from former President Barack Obama's administration.

 Tillerson had said the US would support peace talks with the Taliban "without preconditions."Earlier in the month, UN Ambassador Nikki Haley, who helped organize today's luncheon, said the US policy on Afghanistan was working and the parties were "closer to talks with the Taliban and the peace process than we've seen before."Several attempts to hold peace talks between the Afghan government and the Taliban have failed.

In 2013, hopes were raised when the Taliban opened an office in Qatar aimed at facilitating those talks, but a controversy over the Taliban's move to hoist the flag it used in Afghanistan during its five-year rule ultimately derailed the talks. Since then, efforts to lure the Taliban into talks have yielded little progress.

Trump has sought to change the course of the long-running conflict, sending thousands more US troops to Afghanistan and moving away from a "time-based" approach to one that more explicitly links US assistance to concrete results from the Afghan government.

There are now about 14,000 US forces there, and more trainers and advisers are scheduled to deploy in the coming months.Defence Secretary Jim Mattis earlier this month said this will make it possible for US advisers to serve with more of the Afghan units, strengthening them in the fight against the insurgents. The US-led coalition has also increased targeting of Taliban opium operations, including narcotic processing facilities in Helmand Province in the south.

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News Network
March 19,2020

New Delhi, Mar 19: Lawyer of Mukesh Singh, who is one of the four death row convicts in the Nirbhaya gang-rape and murder case, on Thursday mentioned a petition before the Registrar of the Supreme Court seeking an urgent hearing in the matter.

Advocate Manohar Lal Sharma, through the petition, sought directions to bring call record, documents and reports of his client through any probe agency and passed appropriate directions and measure to ensure justice in the matter.

The petition, however, has not sought a stay on the execution, which is scheduled for the morning of March 20. The petition is likely to be taken up for hearing today.

Earlier today, the apex court dismissed the curative petition of Pawan Gupta, another convict in the matter, who claimed juvenility at the time of the crime.

This comes as the four convicts -- Mukesh Singh, Akshay Singh Thakur, Vinay Sharma and Pawan Gupta -- are scheduled to be hanged at 5.30 am on March 20.

Meanwhile, several other petitions are also pending in the matter in different courts.

The case pertains to the brutal gang-rape and killing of a 23-year-old paramedical student in a moving bus on the night of December 16, 2012, by six people including a juvenile in the national capital. The woman had died at a Singapore hospital a few days later.

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News Network
May 28,2020

New Delhi, May 28: The Crime Branch of the Delhi Police will file 12 chargesheets against 536 Tablighi Jamaat members from three countries, officials said on Thursday.

Till now, the police has already filed chargesheets against 374 foreigners from 32 countries.

The officials said the charges against the Tablighi Jamaat members pertain to violation of visa rules, government guidelines regarding the Epidemic Disease Act and acting negligently in a way that was likely to spread infection of disease dangerous to life.

The Tablighi Jamaat, a religious organisation in Nizamuddin in South Delhi, had allegedly organised a congregation in March in violation of mass gatherings.

The Tablighi Jamaat’s Nizamuddin Markaz (centre) had become a coroavirus hotspot in the national capital.

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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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