51 nations to sign UN treaty outlawing nuclear weapons

Agencies
September 20, 2017

United Nations, Sept 20: With the North Korean nuclear crisis looming large, 51 countries are to sign a new treaty outlawing nuclear weapons that has been fiercely opposed by the United States and other nuclear powers.

The treaty on the prohibition of nuclear weapons was adopted by 122 countries at the United Nations in July, following negotiations led by Austria, Brazil, Mexico, South Africa and New Zealand.

None of the nine countries that possess nuclear weapons -- the United States, Russia, Britain, China, France, India, Pakistan, North Korea and Israel -- took part in the negotiations.

But, Guterres acknowledged that much work was needed to rid the world of its stockpile of 15,000 atomic warheads.

"Today, we rightfully celebrate a milestone. Now we must continue along the hard road towards the elimination of nuclear arsenals," said Guterres.

The treaty will enter into force when 50 countries have ratified it.

Brazilian President Michel Temer was the first to sign the treaty during the ceremony held on the sidelines of the UN General Assembly.

The signing ceremony came a day after President Donald Trump threatened to "totally destroy North Korea" if the United States is forced to defend itself or its allies.

North Korea has triggered global alarm over its rapidly- progressing drive to develop nuclear weapons, following its sixth and most powerful nuclear test and the firing of two intercontinental ballistic missiles (ICBMs).

Nuclear powers argue their arsenals serve as a deterrent against a nuclear attack and say they remain committed to the nuclear Non-Proliferation Treaty (NPT).

The United States, Britain and France have dismissed the treaty as being out of step with the realities of the global security and argue the North Korea crisis shows that nuclear deterrence is still needed.
The decades-old NPT seeks to prevent the spread of atomic weapons but also puts the onus on nuclear states to reduce their stockpiles.

Impatience, however, is growing among many non-nuclear states over the slow pace of disarmament as are worries that weapons of mass destruction will fall into the wrong hands.

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Agencies
February 16,2020

New Delhi, Feb 16: Aam Aadmi Party (AAP) national convener Arvind Kejriwal was on Sunday sworn-in as the Chief Minister of Delhi for the third time in a row at Ramlila Maidan here, after his party registered a massive victory in the recently concluded Delhi Assembly polls.

Kejriwal was administered the oath of office and secrecy by Delhi Lieutenant Governor Anil Baijal.

The sprawling Ramlila Maidan reverberated with sounds of thousands of people cheering for the AAP leader.

Kejriwal who received a hero's welcome here had extended an invitation to the people of Delhi urging them to attend the swearing-in ceremony to witness "the son of Delhi" taking oath today.

The AAP nearly repeated its 2015 performance in the elections, sweeping the Assembly polls winning 62 seats in the 70-member Assembly, in the face of a high-voltage campaign by the BJP, which fielded a battery of Union Ministers and Chief Ministers in its electioneering spearheaded by Home Minister Amit Shah. 

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News Network
June 15,2020

New Delhi, Jun 15: With an increase of 11,502 cases in the past 24 hours, the COVID-19 count in India reached 3,32,424 on Monday, according to the Union Health and Family Welfare Ministry.

The spike is marginally lower than the highest-ever spike of 11,929 new cases the country registered a day earlier.

With 325 deaths being reported from across the country, the toll due to COVID-19 has now reached 9,520.

The COVID-19 count includes 1,53,106 active cases while 1,69,798 patients have been cured and discharged or migrated so far.

Maharashtra with 1,07,958 cases continues to be the worst-affected state in the country with 53,030 active cases while 50,978 patients have been cured and discharged in the state so far. 3,950 deaths have been reported due to the infection so far from Maharashtra.

It is followed by Tamil Nadu with 44,661 cases and the national capital with 41,182 confirmed cases.

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News Network
March 9,2020

Mumbai, Mar 9: India's Yes Bank will not be merged with State Bank of India, which is set to infuse funds in the beleaguered lender, the newly appointed administrator leading the rescue plan said in a television interview on Monday.

"There is absolutely no question of a merger," Prashant Kumar, the administrator, told the CNBC TV18 channel.

The Reserve Bank of India (RBI) on Thursday took control of Yes Bank, after the lender - which is laden with bad debts - failed to raise the capital it needs to stay above mandated regulatory requirements.

Placing Yes Bank under a 30-day moratorium, the central bank imposed limits on withdrawals to protect depositors and said it would work on a revival plan. The move spooked depositors, who rushed to withdraw funds from the bank.

Kumar, a former finance chief at SBI, assured depositors their money was safe and that the moratorium on Yes Bank might be lifted much before the deadline on April 3 and normal banking operations might resume as early as Friday.

He also mentioned that the withdrawal limit of Yes Bank may be removed by March 15, 2020.

SBI Chairman Rajnish Kumar said on Saturday the state-run bank would need to invest up to 24.5 billion rupees ($331 million) to buy a 49% stake in Yes Bank as part of the initial phase of the rescue deal, adding that the survival of troubled lender was a "must".

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