Israeli air strikes hit sites across Gaza Strip

Agencies
March 26, 2019

Tel Aviv, Mar 26: Israeli air strikes hit sites across the Gaza Strip on Monday in retaliation for a rare rocket attack that hit a house near Tel Aviv, before Hamas said a ceasefire was reached.

Hamas, the Islamist movement that runs the Gaza Strip, said Egypt had brokered the ceasefire following the escalation that came just two weeks before Israel's April 9 elections.

Israel, whose strikes began around the same time Israeli Prime Minister Benjamin Netanyahu met US President Donald Trump in Washington, has not yet commented on the claim.

"Egyptian efforts succeeded with a ceasefire between the occupation and the resistance factions," Hamas spokesman Fawzi Barhoum said.

The ceasefire claim came after Israeli air strikes hit the office of Hamas's leader and dozens of other targets across the Gaza Strip on Monday evening.

Those strikes were in response to a rocket from the Palestinian enclave that hit a home north of Tel Aviv and wounded seven people early Monday morning.

On Monday night, a barrage of rockets were fired from the Gaza Strip toward Israel in response to the strikes, causing air raid sirens to ring out in southern Israel.

There were no immediate reports of damage or injuries due to those rockets.

Seven people were wounded in Gaza, the enclave's health ministry said, as explosions rocked areas of the Gaza Strip and balls of fire rose into the sky.

There was no indication Hamas leader Ismail Haniya was at his office at the time it was hit.

In comments from the White House, Netanyahu said "Israel is responding forcefully to this wanton aggression," while Trump spoke of Israel's "right to defend itself".

Netanyahu said he would return home after meeting Trump, cancelling an address to pro-Israel lobby AIPAC's annual conference on Tuesday.

Gaza City buildings hit

One Israeli strike destroyed a building in Gaza City that Israel alleged was a secret headquarters for Hamas security and intelligence.

Residents of Gaza said the building was known to house the Hamas-linked Multasim insurance company.

Hamas's interior security office in Gaza City was also hit.

A joint statement from militant groups in Gaza, including Hamas and Islamic Jihad, took responsibility for the barrage of rockets fired in response to the Israeli strikes later Monday night.

The rocket from Gaza that hit a house in Israel early Monday was a rare long-distance strike and Israel's army said it was fired by Hamas.

A Hamas official, speaking to AFP on condition of anonymity, denied the group was behind the rocket, evoking the possibility it was caused by "bad weather".

The Israeli house hit was located in the community of Mishmeret, around 20 kilometres (12 miles) north of Tel Aviv, police said.

The rocket would have had to travel some 120 kilometres (75 miles) from Rafah in the southern Gaza Strip, where Israel said it was fired from.

The hospital treating the wounded said seven Israelis were injured lightly by burns and shrapnel, including three children.

One of the wounded was a six-month-old child and six of them were members of the same British-Israeli family.

The house was destroyed in the wake of the rocket and subsequent fire, with burnt wood, a children's toy and other debris piled at the site.

Israel and Hamas have fought three wars since 2008, and Netanyahu is believed to want to avoid another one with unpredictable results ahead of the elections.

But he faces a tough challenge from a centrist political alliance led by former military chief Benny Gantz and came under pressure to react firmly.

Gantz asked on Twitter, referring to corruption allegations against Netanyahu, whether the prime minister would "finally focus on the security of the citizens of Israel instead of dealing only with his legal concerns."

One-year anniversary

Monday's rocket followed another rare incident on March 14 in which two rockets were fired from Gaza towards Tel Aviv.

No damage or injuries were caused, but Israel responded to that and further rocket fire by hitting what it said were around 100 Hamas targets across the Gaza Strip.

Four Palestinians were reported wounded in those strikes.

Both Hamas and Islamic Jihad denied they were behind the March 14 rocket fire towards Tel Aviv, raising the possibility they were launched by fringe groups.

Israel's military said they were launched by Hamas, but later Israeli media reported the army's preliminary assessment was that they had been fired by mistake during maintenance work.

Even if the ceasefire announced by Hamas holds, there could soon be further tensions.

Saturday marks the first anniversary of Palestinian protests and clashes along the Gaza Strip's border with Israel.

An informal truce between Hamas and Israel had led to relative calm along the border, but recent weeks have seen another uptick in violence.

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News Network
June 22,2020

New Delhi, June 22: Former Prime Minister Manmohan Singh on Monday asked Prime Minister Narendra Modi to be “mindful of the implication of his words” as a controversy raged over his “no intrusion” remark about the violent face-off with Chinese troops in the Galwan Valley.

“The Prime Minister must always be mindful of the implications of his words and declarations on our Nation’s security as also strategic and territorial interests,” Singh said in a statement here as Chinese media welcomed Modi’s ‘no intrusion’  remarks contending that it may lead to a de-escalation of tensions between China and India.

Congress has been maintaining that Modi’s assertions at Friday’s all-party meeting that neither was there any intrusion nor was any Indian post captured ran counter to the statements made by the Indian Army and the External Affairs Ministry.

Singh said the prime minister cannot allow his words to be used by China as a vindication of its position and all organs of the government should work together to tackle this crisis and prevent it from escalating further.

“We remind the Government that disinformation is no substitute for diplomacy or decisive leadership. The truth cannot be suppressed by having pliant allies spout comforting but false statements,” the former prime minister said.

Singh said the prime minister and the government should rise to the occasion to ensure justice for Colonel B Santosh and the army jawans who made the supreme sacrifice and resolutely defended the nation’s territorial integrity.

“To do any less would be a historic betrayal of the people’s faith,” the former prime minister said.

“At this moment, we stand at historic crossroads. Our Government’s decisions and actions will have serious bearings on how the future generations perceive us,” Singh said.

Singh said China was brazenly and illegally seeking to claim parts of Indian territory such as the Galwan Valley and the Pangong Tso Lake by committing multiple incursions between April 2020 till date.  

“We cannot and will not be cowed down by threats and intimidation nor permit a compromise with our territorial integrity,” said Singh. 

The former prime minister said this was a moment where “we must stand together as a nation and be united in our response to this brazen threat.”

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News Network
March 4,2020

New Delhi, Mar 4: The Supreme Court on Wednesday revoked the ban of cryptocurrency imposed by the Reserve Bank of India (RBI) in 2018.

Pronouncing the verdict, the three-judge bench of the apex court said the ban was 'disproportionate'.

The bench included Justice Rohinton Fali Nariman, Justice S Ravindra Bhat and Justice V Ramasubramanian.

The Internet and Mobile Association of India (IAMAI), whose members include cryptocurrency exchanges, and others had approached the top court objecting to a 2018 RBI circular directing regulated entities to not deal with cryptocurrencies.

Advocate Ashim Sood, appearing for IAMI, submitted that Reserve Bank of India lacked jurisdiction to forbid dealings in cryptocurrencies. The blanket ban was based on an erroneous understanding that it was impossible to regulate cryptocurrencies, Sood submitted.

The petitioners had argued that the RBI's circular taking cryptocurrencies out of the banking channels would deplete the ability of law enforcement agencies to regulate illegal activities in the industry.

IAMAI had claimed the move of RBI had effectively banned legitimate business activity via the virtual currencies (VCs).

The RBI on April 6, 2018, had issued the circular that barred RBI-regulated entities from "providing any service in relation to virtual currencies, including those of transfer or receipt of money in accounts relating to the purchase or sale of virtual currencies".

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Agencies
January 11,2020

New Delhi, Jan 11: Assets worth Rs 78 crore have been attached by the ED in connection with a money laundering probe against former ICICI Bank Chairman Chanda Kochhar and others, officials said on Friday.

A provisional order under the Prevention of Money Laundering Act (PMLA) has been issued for attachment of the properties that includes Kochhar's Mumbai-based house and some other assets belonging to a company linked to her, they said.

The book value of the attached assets is Rs 78 crore, they said.

The Enforcement Directorate (ED) is probing Kochhar, her husband Deepak Kochhar and others in a case of alleged irregularities and money laundering in giving loans by the bank to the Videocon group.

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