India, US should go for pre-emptive strikes, destroy Pak's N-assets: Ex-US senator

News Network
September 26, 2017

Mumbai, Sept 26: Suggesting that each India and the US conduct pre-emptive strikes inside Pakistan to destroy its nuclear websites (the place weapons have both already been saved or are being made), former US Senator Larry Pressler informed on Monday that Donald Trump might turn into one of the best American president but for India as he had lately put Pakistan on discover for harbouring terrorists.

However for this to occur, Trump must get across the Pentagon, which at all times inspired Pakistan, he stated. Such encouragement emboldened Pakistan to assault India as “the mom of terrorism” and “predator” on the UN common meeting session on Sunday, he added. Trump’s description of the Pentagon as “a swamp” was a very good signal, he famous, hoping the US president would drain it quickly (as he’d promised).

A 3-term Senator and twice a member of the Home of Representatives, Pressler (75) authored the well-known Pressler Modification which in 1990 blocked US navy assist to Pakistan when the then US President George H W Bush couldn’t certify Pakistan was not creating nukes.

Because the supply of near 30 F-16 plane to Islamabad was barred, Pressler, then a Republican and head of the Senate’s arms management subcommittee, grew to become one thing of a hero in India and, in his personal phrases, “a satan in Pakistan.” His new e-book, Neighbours in Arms, engagingly tells the story of the modification and of the US overseas coverage that enabled Pakistan to develop nuclear weapons and casts a extreme highlight on the tradition of lobbying in Washington and the grip of the military-industrial state (“the Octopus”) contained in the US.

Pressler has lengthy distanced himself from the Republican Celebration — he contested Senate polls as an Impartial in 2014 and backed Hillary Clinton within the 2016 Presidential polls — however regardless of variations with Trump, he feels the president just isn’t doing half as badly as US media suggests.

Trump’s warning to Pakistan on its sheltering and export of terror, linking of US assist to “motion on terror” and his request to India to “assist us extra with Afghanistan” signalled a recasting of relations.

The ex-Senator hopes Trump will act on the discover.

“US should declare Pakistan a terrorist state, minimize off all assist and should not deal with India and Pakistan as equals. India is a democracy, Pakistan is not. And Pakistan and particularly the ISI have lied to us for many years,” he stated.

All reward for PM Modi, the Vietnam veteran stated it was good the Modi authorities was robust with Pakistan.

He referred to as the denial of a US visa to Modi when the latter was Gujarat CM “a stain” on the US. He was crucial of India, nonetheless, for allegedly handing out hundreds of thousands to lobbyists in Washington. “Pakistan began this lobbying. India does not have to do it,” he stated. He stated Pakistan could not have developed nuclear weapons if US had stopped assist.

Having labored carefully with many US presidents, he felt Ronald Reagan had been very receptive to his concepts on nuclear non-proliferation and his views on Pakistan’s duplicity however had been hemmed in by “Octopus” mandarins. And Invoice Clinton had, on his 2001 journey to India (Pressler was a part of that delegation), given the impression that he beloved the nation and its folks however had, in actuality, repealed the Pressler Modification and inspired navy provides to India’s hostile neighbour.

Pressler was criticised when, within the 1990s, he had expressed issues about an “Islamic bomb.” He stated he stood vindicated in the present day and that the expansion of ISIS and related teams led him to worry that fundamentalist organisations – and never particular person states – might create a “Caliphate.”

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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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News Network
March 6,2020

Riyadh, Mar 6: Saudi Arabia on Thursday emptied Islam's holiest site for sterilisation over fears of the new coronavirus, an unprecedented shutdown state media said will last while the year-round Umrah pilgrimage is suspended.

The kingdom halted the pilgrimage for its own citizens and residents on Wednesday, on top of restrictions announced last week on foreign pilgrims to stop the disease from spreading.

State television relayed images of an empty white-tiled area surrounding the Kaaba -- a large black cube structure inside Mecca's Grand Mosque -- which is usually packed with tens of thousands of pilgrims.

As a "precautionary measure", the area will remain closed as long as the umrah suspension lasts but prayers will be allowed inside the mosque, state-run Saudi Press Agency cited a mosque official as saying.

Additionally, the Grand Mosque and the Prophet's Mosque in the city of Medina will be closed an hour after the evening "Isha" prayer and will reopen an hour before the dawn "Fajr" prayer to allow cleaning and sterilisation, the official added.

A group of cleaners was seen scrubbing and mopping the tiles around the Kaaba, a structure draped in gold-embroidered gold cloth towards which Muslims around the world pray.

A Saudi official told news agency the decision to close the area was "unprecedented".

On Wednesday, Saudi Arabia suspended the umrah for its own citizens and residents over fears of the coronavirus spreading to Islam's holiest cities.

The move came after authorities last week suspended visas for the umrah and barred citizens from the six-nation Gulf Cooperation Council from entering Mecca and Medina.

Saudi Arabia on Thursday declared three new coronavirus cases, bringing the total number of reported infections to five.

The umrah, which refers to the Islamic pilgrimage to Mecca that can be undertaken at any time of year, attracts millions of Muslims from across the globe annually.

The decision to suspend the umrah mirrors a precautionary approach across the Gulf to cancel mass gatherings from concerts to sporting events.

It comes ahead of the holy fasting month of Ramadan starting in late April, which is a favoured period for pilgrimage.

It is unclear how the coronavirus will affect the hajj, due to start in late July.

Some 2.5 million faithful travelled to Saudi Arabia from across the world in 2019 to take part in the hajj, which is one of the five pillars of Islam as Muslim obligations are known.

The event is a massive logistical challenge for Saudi authorities, with colossal crowds cramming into relatively small holy sites, making attendees vulnerable to contagion.

Already reeling from slumping oil prices, the kingdom risks losing billions of dollars annually from religious tourism as it tightens access to the sites.

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News Network
June 10,2020

New Delhi, Jun 10: Petrol price on Wednesday was hiked by 40 paise per litre and diesel by 45 paise, the fourth straight daily increase in rates after oil PSUs ended an 82-day hiatus in rate revision. Petrol price in Delhi was hiked to Rs 73.40 per litre from Rs 73, while diesel rates were increased to Rs 71.62 a litre from Rs 71.17, according to a price notification of state oil marketing companies.

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

This is the fourth daily increase in rates in a row since oil companies on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus.

In four hikes, petrol price has gone up by Rs 2.14 per litre and diesel by Rs 2.23.

Latest petrol, diesel prices in top cities:

New Delhi: Petrol ₹73.40. Diesel ₹71.62

Gurgaon: Petrol ₹72.86. Diesel ₹64.90

Mumbai: Petrol ₹80.40. Diesel ₹70.35

Chennai: Petrol ₹77.43. Diesel ₹70.13

Hyderabad: Petrol ₹76.20. Diesel ₹70b

Bengaluru: Petrol ₹75.77. Diesel ₹68.09

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