Omar Abdullah, Mehbooba out under house arrest; internet snapped in Kashmir

News Network
August 5, 2019

Srinagar/New Delhi, Aug 5: Three of Jammu and Kashmir's most prominent politicians Mehbooba Mufti, Omar Abdullah and Sajad Lone were put under house arrest late Sunday night amid a massive security-built up in the state.

Internet services and mobile services were suspended in several places and all public gatherings were banned in Srinagar district as section 144 was imposed from midnight.

Jammu and Kashmir National Conference Vice President Omar Abdullah had on Sunday evening tweeted saying that he has been informed that an "unofficial curfew" was about to begin in Kashmir and mainstream leaders were going to be detained or kept under house arrest.

"If officers in the state government are to be believed mobile internet is going down now, an unofficial curfew is going to start and mainstream leaders are going to be detained. No idea who to believe and where this is heading," he tweeted.

"I believe I’m being placed under house arrest from midnight tonight & the process has already started for other mainstream leaders. No way of knowing if this is true but if it is then I’ll see all of you on the other side of whatever is in store. Allah save us," the NC leader said.

Abdullah had further said that government's decision to stop Amarnath Yatra, citing security concerns and intelligence inputs about the possibility of terror attacks, was exposed. "So we can debunk the stories that were being fed to the channels about everything that's been happening in Kashmir over the last few days, including the yatra stoppage, happening because of Pakistan," he added.

Earlier on Sunday, leaders of the mainstream political parties in Kashmir held an all-party meeting in Srinagar to discuss the prevailing situation in the Valley.

Kashmir remained on edge as authorities stepped up security deployment at vital installations and sensitive areas amid heightened terror threat and flare up of hostilities with Pakistan along the Line of Control (LoC).

After the Jammu and Kashmir administration curtailed the Amarnath Yatra and asked pilgrims and tourists to leave the valley at the earliest on Friday, anxious residents continue to throng markets to stock on essentials and serpentine queues have been visible outside shops and fuel stations.

Former India all-rounder Irfan Pathan, the mentor of Jammu and Kashmir state teams who was in Srinagar to oversee the trials for the U-16 (Vijay Merchant Trophy) and U-19 (Cooch Behar Trophy) squads, has left Srinagar, along with the young players. "We have for the time being postponed the second phase of junior team trials...since there has been a government advisory, I had a meeting with Jammu and Kashmir Cricket Association...Accordingly, it was decided that boys need to be sent back home," Pathan was quoted as saying by news agency PTI.

Various educational institutions also directed their students to vacate hostels.

Additional paramilitary forces, which arrived here last week, have been deployed across the city and in other vulnerable areas of Kashmir Valley, the officials said.

The strength of the security personnel has been increased around vital installations such as the civil secretariat, police headquarters, airport and various central government establishments in the city, they said. Barricades have been erected on many arterial roads, including the entry and exit points to Srinagar, the summer capital of the state. Riot control vehicles have also been kept on standby in some areas where apprehension of law and order disturbances is more, the officials added.

Meanwhile, Pakistan Prime Minister Imran Khan said that it was the right time for US President Donald Trump to mediate on Kashmir turmoil.

Pakistan further warned India that it is ready to respond to any "misadventure or aggression" by the Indian forces, as the country's top civil and military leadership discussed the sudden spike in tensions with New Delhi during a meeting of the National Security Committee.

The meeting criticised "Indian actions which would have adverse implications for regional and international peace." Pakistan reiterates that Kashmir is a long standing unresolved international dispute which needs peaceful resolution. Pakistan therefore urges India to come forth to resolve the issue in accordance with the aspirations of the Kashmiri people, it said. It said that the recent "buildup of forces" is adding "fuel to fire".

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Agencies
February 18,2020

British lawmaker Debbie Abrahams' e-Business visa was revoked as she was involved in anti-India activities and the cancellation was conveyed to her on February 14, government sources said on Tuesday.

Asserting that the grant, rejection or revocation of a visa or electronic travel authorisation is the sovereign right of a country, the sources said Abrahams was issued an e-Business visa on October 7 last year which was valid till October 5, 2020 for attending business meetings.

"Her e-Business visa was revoked on February 14, 2020 on account of her indulging in activities which went against India's national interest. The rejection of the e-Business visa was intimated to her on February 14," a source said.

Abrahams, who chairs a British parliamentary group on Kashmir, was denied entry into India upon her arrival at the New Delhi airport on Monday.

Government officials had said on Monday also that she was informed in advance that her e-visa had been cancelled.

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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
July 3,2020

New Delhi, Jul 3: India reported the highest ever single-day spike of 20,903 COVID-19 cases in 24 hours on Friday, said the Union Ministry of Health and Family Welfare.

With these new cases, India's coronavirus tally has risen to 6,25,544 cases of which 2,27,439 patients are active cases while 3,79,892 patients have been cured/discharged/migrated.

379 more deaths due to COVID-19 were reported in the country in the last 24 hours, taking the number of deaths due to the infection to 18,213.

As per the Health Ministry, Maharashtra -- the worst-affected state from the virus -- has a total of 1,86,626 cases including 8,178 fatalities while Tamil Nadu has 98,392 coronavirus cases in the state inclusive of 1,321 fatalities.

Delhi has reported 92,175 cases so far inclusive of 2,864 patients succumbing to the virus.

The Indian Council of Medical Research on Friday said that the total number of samples tested till July 2 is 92,97,749 of which 2,41,576 samples were tested on Thursday.

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