Terrorists abduct and kill 3 J-K policemen at least two cops announce resignation

Agencies
September 21, 2018

Srinagar, Sep 21: The bodies of three policemen were found in an orchard in Jammu and Kashmir's Shopian district Friday, hours after they were abducted by terrorists from their homes in the early hours of the morning, police said.

The shock news of the killing of the three men prompted at least two police personnel to issue video messages announcing their resignation from the force.

The slain policemen were identified as constable Nissar Ahmed and two special police officers, Firdous Ahmed and Kulwant Singh.

They were kidnapped early this morning from their homes at Batagund and Kapran villages, a police official said.

He said security forces launched intensive search operations to rescue the abducted men but terrorists shot them dead. The bodies were recovered from an orchard at Wangam.

"We have lost three of our brave colleagues in a barbaric terror strike. Our tribute to the three martyred jawans... ," a police spokesperson said.

"We condemn this inhuman act and assure that all the culprits shall be dealt under law," he added.

Police said the residents of Batagund village chased the terrorists and pleaded with them to not abduct the men. The abductors fired shots in the air and threatened the villagers, officials said.

The terrorists crossed a river in the area and shot dead the policemen, the officials added.

A Twitter handle purportedly belonging to the Hizbul Mujahideen group has claimed responsibility for the incident. Security agencies also believe that Hizb militants are behind the killings.

The killings are believed to have triggered panic in the lower ranks of the police department with at least two policemen issuing video messages dissociating themselves from the force.

"My name is Irshad Ahmad Baba and I was working as a constable in the police. I have rendered my resignation...," said one of them in a video being widely circulated on social media here.

Tajalla Hussain Lone, an SPO, said he had resigned from the police department on September 17 and was issuing the video to put to rest any doubts that he had done so.

Police officials refused to comment on the resignations, saying they would verify the information.

Hizbul Mujahideen commander Riyaz Naikoo has several times warned local policemen, especially SPOs, to resign from the force, saying that the government was using them.

Former Jammu and Kashmir chief minister and PDP leader Mehbooba Mufti expressed her outrage on Twitter.

"Three more policemen have lost their lives to militant bullets. Outrage, shock & condemnation will be expressed by all of us on expected lines. Unfortunately, it brings no solace to the families of the victims," she said.

The Centre's muscular policy, she added, was not working at all with the rise in kidnapping of police personnel and their families.

"Dialogue, the only way forward seems to be a distant dream for now," she tweeted.

The policemen were abducted nearly three weeks after terrorists abducted relatives of policemen from various places in south Kashmir on August 30. The relatives were later released.

At least eight people whose relatives worked in Jammu and Kashmir Police were abducted.

Naikoo had purportedly claimed responsibility for the abductions in a 12-minute video, issuing a three-day deadline for the release of all relatives of terrorists who were in police custody.

The August 30 abductions happened after the NIA arrested the second son of globally-wanted terrorist Syed Salahuddin, leader of the Hizbul Mujahideen group, on charges of receiving secret funds.

The latest round of killings comes soon after elections to panchayats and urban local bodies were announced.

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News Network
March 13,2020

Mumbai, Mar 13:  Investor wealth worth nearly Rs 12 lakh crore was wiped out in less than 15 minutes of trading on the stock exchanges on Friday, with the two benchmarks, the BSE Sensex and the NSE Nifty, crashing over 10 per cent.

The 30-share BSE Sensex plummeted 3,380.59 points, or 10.31 per cent, to 29,397.55. It hit an intra-day low of 29,388.97, falling up to 3,389.17 points.

Trading was halted for 45 minutes in the early session after the index hit its lower circuit limit.

The BSE and NSE benchmark indices, however, pared most losses with the Sensex trading 835.40 points, or 2.55 per cent, lower at 31,942.74, and the Nifty was down 253.25 points or 2.64 per cent at 9,336.90 at 10.40 am.

The mayhem on Dalal Street eroded investor wealth worth Rs 12,92,479.88 crore, taking the total m-cap to Rs 1,12,78,172.75 crore on the BSE at 1020 hours.

The m-cap of BSE-listed companies stood at Rs 1,25,70,652.63 crore at the end of trading on Thursday.

Traders said besides global selloff, incessant foreign fund outflows also weighed on investor sentiments.

On a net basis, foreign institutional investors sold equities worth Rs 3,475.29 crore on Thursday, data available with stock exchanges showed.

On the BSE, 1,279 scrips declined, while 193 advanced and 40 remained unchanged.

Volatility heightened in global markets as benchmarks world over went into panic mode, insinuating a freakish selloff.

Bourses in Shanghai dropped over 3.32 per cent, Hong Kong 5.61 per cent, Seoul 7.58 per cent and Tokyo cracked up to 7.97 per cent.

Wall Street lost 10 per cent in overnight trade.

More than 1,30,000 cases of the novel coronavirus have been recorded in 116 countries and territories, killing at least 4,900 people.

The number of coronavirus patients in India has risen to 74, as per the health ministry.

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Agencies
August 4,2020

Ayodhya, Aug 4: Ramarchan puja begins at Ram Janmabhoomi site ahead of the foundation laying ceremony of Ram Temple in Ayodhya.
Ramarchan Puja is a prayer to invite all major gods and goddesses ahead of Lord Ram's arrival.

Mahesh Bhagchandka, one of the trustees of Ashok Singhal foundation as Yajman in the puja said, "This is being conducted at the temporary seat of Ramlalla. The pooja will be conducted in four phases."

Speaking about the third and fourth phases, he said: "In the third phase, Dashrath, father of Lord Ram with his wives will be worshipped and then all three brothers of Lord Ram - Laxman, Bharat and Shatrughan with their wives. Lord Hanuman ji will too be worshipped. Whereas in the fourth phase, Lord Ram will be worshipped."
Meanwhile, security has been heightened in Ayodhya ahead of the foundation laying ceremony.

Temples across the city is decorated with lights, diyas and flowers ahead of the grand event. Patna's Mahavir Mandir Trust is preparing over 1.25 lakh 'Raghupati Laddoos' for the occasion. Thes laddoos will be distributed as 'prasad' to devotees.

Uttar Pradesh Chief Minister Yogi Adityanath on Monday offered prayers at the Hanuman Garhi temple during his visit to Ayodhya to take stock of the preparations for the 'bhoomi pujan'.
He along with officials also visited 'Ram ki Paudi' to inspect the arrangements ahead of the foundation stone laying ceremony.

Prime Minister Narendra Modi is scheduled to lay the foundation stone of the Ram Temple in Ayodhya on August 5. 

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Agencies
March 15,2020

Financially troubled Yes Bank on Saturday reported a standalone net loss of ₹ 18,560.31 crore for the third quarter of the financial year 2019-20. This is amongst the biggest losses reported by the India Inc.

At present, the private lender is under a moratorium and is controlled by the office of the administrator appointed by the RBI.

The bank had reported a net profit of ₹1,001.85 crore during the corresponding period of the previous financial year.

Besides, the bank's total income fell to Rs 6,268.50 crore from Rs 8,849.81 crore earned during the October-December quarter of the previous fiscal.

On consolidated basis, Yes Bank reported a net loss of ₹18,564.24 crore for the December quarter from a net profit of Rs 1,000.57 crore in the corresponding period of the previous fiscal.

The independent auditor's review report on the consolidated results pointed out that there is a "material uncertainty related to going concern" of the bank.

"The said assumption of going concern is dependent upon the degree of success of the final reconstruction scheme, the quantum of capital infused into the bank and the bank's ability to stabalise its deposit balances post withdrawal of the moratorium by the RBI. Our conclusion is not modified in respect of this matter," the auditor said.

Furthermore, the bank recognised additional loans of ₹ 5,150.2 crore as NPAs and related provisioning requirements of ₹772.5 crore for the quarter ended December 31, 2019.

The bank has recognised an additional provisions of ₹15,422.0 crore in the quarter ended December 31, 2019.

Last week, the RBI placed Yes Bank under moratorium and capped the withdrawal limit at ₹50,000 till next Wednesday.

Additionally, the central bank also superseded Yes Bank's board of directors and appointed former SBI CFO Prashant Kumar as its administrator.

Meanwhile, Kumar has been appointed as the new Chief Executive Officer of the financially troubled lender. He will take over his new responsibilities once the moratorium on the stressed lender is lifted on Wednesday.

Apart from Kumar, Sunil Mehta, former non-executive Chairman of Punjab National Bank, will take over as the non-executive Chairman of Yes Bank.

Other board members include Mahesh Krishnamurthy and Atul Bheda, both as non-executive Directors.

Additionally, six private lenders have joined the SBI to rescue Yes Bank with Federal Bank committing ₹300 crore by subscribing to 30 crore shares of ₹2 each at a premium of ₹8 per equity share.

The six private lenders have now committed an investment of ₹3,700 crore in the cash-strapped private sector bank.

On Friday, ICICI Bank and Housing Development Finance Corporation (HDFC) Ltd had announced that they will be investing ₹1,000 crore each in Yes Bank's equity. Axis Bank and Kotak Mahindra Bank will be investing ₹ 600 crore and ₹500 crore, respectively, while Bandhan Bank will invest ₹300 crore.

The SBI board has already approved up to 49 per cent stake purchase in Yes Bank, as per the RBI's reconstruction scheme for the lender. It had said on Thursday that an investment of ₹7,250 crore would be made in Yes Bank to pick up₹ 725 crore equity shares.

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