President Rouhani says Iran in 'economic fight' with US

Agencies
June 26, 2018

Tehran, Jun 26: Iranian President Hassan Rouhani today said his country is in a "fight" with the US, a day after protesters angered by Iran's tanking economy confronted police in front of parliament.

In a televised speech, Rouhani blamed the US for Iran's woes and said the US is trying to damage the country by creating "an economic war." 

"The US cannot defeat our nation, our enemies are not able to get us to their knees," he said.

Rouhani's comments came after protesters angered by Iran's tanking economy confronted police in front of parliament yesterday. It was the first such confrontation since similar demonstrations rocked the country at the start of the year.

The demonstration signalled widespread unease in the wake of President Donald Trump's decision to withdraw the US from Tehran's nuclear deal with world powers and restore sanctions on the country.

It wasn't immediately clear who led yesterday's protests. Iran's semi-official news agencies, Fars, ISNA and Tasnim, described the protests at the Grand Bazaar as erupting after the Iranian rial dropped to 90,000 to the dollar on the country's black market, despite government attempts to control the currency rate.

Videos posted to social media showed protesters at the bazaar heckling shopkeepers who refused to close.

A short time later, about 2 kilometres from the Grand Bazaar, videos shared by Iranians on social media appeared to show a crowd confronting police at parliament.

Iran's semi-official ISNA news agency reported today that authorities detained many of the rioters.

Prosecutor Abbas Jafari Dolatabadi said the "main provocateurs" who planned the protest and threatened shopkeepers to close their stores were arrested. He did not elaborate on the number of people detained.

Still, semi-official ISNA news agency reported the country's parliament speaker, Ali Larijani, said today that the Rouhani administration hasn't done enough to confront the economic problems.

At the end of last year, similar economic protests roiled Iran and spread to some 75 cities and towns, becoming the largest demonstrations in the country since its 2009 disputed presidential election. The protests in late December and early January saw at least 25 people killed and nearly 5,000 arrested.

Iran has announced a list of 15 demands for improving relations with the United States, including a US return to the 2015 nuclear accord, in response to a similar list of demands made by Washington last month.

In May, US Secretary of State Mike Pompeo called for a wholesale change in Iran's military and regional policies, threatening the "strongest sanctions in history" if it refused. The US withdrew from the landmark nuclear agreement with world powers earlier that month.

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News Network
February 5,2020

New Delhi, Feb 5: Union Home Minister Amit Shah on Tuesday announced that the Shri Ram Janmabhoomi Teertha Kshetra, set up by the government for construction of a temple in Ayodhya, will have 15 trustees and one of them will be from the Dalit community.

The statement comes a little over an hour after Prime Minister Narendra Modi announced in Lok Sabha about the constitution of the trust.

"There will be 15 trustees in the Shri Ram Janmabhoomi Teertha Kshetra Trust out of which one trustee will always be from the Dalit society," he tweeted.

Shah congratulated Modi "for such an unprecedented decision" that strengthens social harmony.

The home minister said the trust will be independent to take every decision related to the temple and 67 acres of land will be transferred to it.

"I fully believe that the waiting of millions of people for centuries will be over soon and they will be able to pay obeisance to Lord Shri Ram in his grand temple at his birthplace," he said.

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News Network
March 9,2020

New Delhi, Mar 9: The Delhi Police Special Cell on Monday arrested a PFI member Danish from UP''s Moradabad for allegedly spreading fake propaganda during anti- CAA protests.

"Danish was the head of the Counter Intelligence Wing of PFI and has been actively participating in the anti-CAA protest across the city," sources in the Delhi Police Special Cell said.

Sources further claimed that his arrest has given clues regarding the Information war by the Popular Front of India (PFI).

The FIR related to the protest was filed by the Crime Branch but since the larger conspiracy regarding the Delhi riots is being probed by the Cell, the matter has been transferred to them.

Delhi Police Special Cell had on Sunday arrested a Kashmiri couple from Okhla for alleged links with Islamic State (IS) Khorasan module.

The couple have been identified as Jahanjeb Sami (husband) and Hinda Bashir Beg (wife). The police have seized some objectionable material from them and were interrogating them.

When asked about the couple, the sources said, "Officers of CERT-In are analysing the Eight Mobile phones and Laptop of the couple to question them further."

The couple being an active member of ISJ&K was operating from the Valley but later shifted their base to Delhi post internet clampdown.

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News Network
March 6,2020

New Delhi, Mar 6: Union Finance Minister Nirmala Sitharaman on Friday will move the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019 for consideration and passing in Lok Sabha.

In December last year, the Union Cabinet had approved a proposal to promulgate an ordinance to amend the Insolvency and Bankruptcy Code (IBC) 2016.

The amendments will remove certain ambiguities in the IBC 2016 and ensure smooth implementation of the code, an official statement said.

The move is aimed at easing the insolvency resolution process and promoting the ease of doing business. Aimed at streamlining of the insolvency resolution process, the amendments seek to protect last-mile funding and boost investment in financially-distressed sectors.

Under the amendments, the liability of a corporate debtor for an offence committed before the corporate insolvency resolution process will cease.

The debtor will not be prosecuted for an offence from the date the resolution plan has been approved by the adjudicating authority if a resolution plan results in change in the management or control of the corporate debtor to a person who was not a promoter or in the management or control of the corporate debtor or a related party of such a person.

The amendments are aimed at providing more protection to bidders participating in the recovery proceedings and in turn boosting investor confidence in the country's financial system.

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