N Korea leader Kim Jong Un says he will complete nuke program

Agencies
September 16, 2017

Seoul, Sept 16: North Korea leader Kim Jong Un said the country is nearing its goal of "equilibrium" in military force with the United States, as the United Nations Security Council strongly condemned the North's "highly provocative" ballistic missile test.

The North's official Korean Central News Agency carried Kim's comments today a day after US and South Korean militaries detected the missile launch from the North Korean capital of Pyongyang.

It travelled 3,700 kilometres as it flew over Japan before landing in the northern Pacific Ocean. It was the country's longest-ever test flight of a ballistic missile.

The North has confirmed the missile as an intermediate range Hwasong-12, the same model launched over Japan on August 29.

The KCNA said Kim expressed great satisfaction over the launch, which he said verified the "combat efficiency and reliability" of the missile and the success of efforts to increase its power.

While the English version of the report was less straightforward, the Korean version quoted Kim as declaring the missile as operationally ready. He vowed to complete his nuclear weapons program in the face of strengthening international sanctions, the agency said.

The UN Security Council accused North Korea of undermining regional peace and security by launching its latest missile over Japan and said its nuclear and missile tests "have caused grave security concerns around the world" and threaten all 193 UN member states.

Kim also said the country, despite "limitless" international sanctions, has nearly completed the building of its nuclear weapons force and called for "all-state efforts" to reach the goal and obtain a "capacity for nuclear counterattack the US cannot cope with."

"As recognised by the whole world, we have made all these achievements despite the UN sanctions that have lasted for decades," the agency quoted Kim as saying.

Kim said the country's final goal "is to establish the equilibrium of real force with the US and make the US rulers dare not talk about military option for the DPRK," referring to North Korea's official name, the Democratic People's Republic of Korea.

He indicated that more missile tests would be forthcoming, saying that all future drills should be "meaningful and practical ones for increasing the combat power of the nuclear force" to establish an order in the deployment of nuclear warheads for "actual war."

Prior to the launches over Japan, North Korean had threatened to fire a salvo of Hwasong-12s toward Guam, the US Pacific island territory and military hub the North has called an "advanced base of invasion."

The Security Council stressed in a statement after a closed-door emergency meeting that all countries must "fully, comprehensively and immediately" implement all UN sanctions.

Japan's UN Ambassador Koro Bessho called the missile launch an "outrageous act" that is not only a threat to Japan's security but a threat to the world as a whole."

Bessho and the British, French and Swedish ambassadors demanded that all sanctions be implemented.

Calling the latest launch a "terrible, egregious, illegal, provocative reckless act," Britain's UN Ambassador Matthew Rycroft said North Korea's largest trading partners and closest links a clear reference to China must "demonstrate that they are doing everything in their power to implement the sanctions of the Security Council and to encourage the North Korean regime to change course."

France's Foreign Ministry said in a statement that the country is ready to work on tougher UN and EU measures to convince Pyongyang that there is no interest in an escalation, and to bring it to the negotiating table.

Friday's launch followed North Korea's sixth and most powerful nuclear test on September 3 in what it described as a detonation of a thermonuclear weapon built for its developmental intercontinental ballistic missiles.

The North flight tested its Hwasong-14 ICBMs twice in July and analysts say the missiles could potentially reach deep into the US mainland when perfected.

The growing frequency, power and confidence displayed by Pyongyang's nuclear and missile tests seem to confirm what governments and outside experts have long feared: North Korea is closer than ever to its goal of building a military arsenal that can viably target US troops both in Asia and in the US homeland.

This, in turn, is meant to allow North Korea greater military freedom in the region by raising doubts in Seoul and Tokyo that Washington would risk the annihilation of a US city to protect its Asian allies.

South Korean President Moon Jae-in, a liberal who initially pushed for talks with North Korea, said its tests currently make dialogue "impossible."

"If North Korea provokes us or our allies, we have the strength to smash the attempt at an early stage and inflict a level of damage it would be impossible to recover from," he said.

Robust international diplomacy on the issue has been stalled for years, and there's so far little sign that senior officials from North Korea and the US might sit down to discuss ways to slow the North's determined march toward inclusion among the world's nuclear weapons powers.

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News Network
January 1,2020

Pune, Jan 1: Maharashtra Deputy Chief Minister Ajit Pawar and Vanchit Bahujan Aghadi president Prakash Ambedkar paid tributes at the 'Jay Stambh' near here on Wednesday on the 202nd anniversary of Koregaon Bhima battle.

Lakhs of people congregate every year at the 'Jay Stambh' (victory pillar) near Koregaon Bhima village to offer tributes on the anniversary of the battle, which was fought on January 1, 1818 between the British East India Company and the Peshwa faction of the Maratha Confederacy.

Violence broke out during the bicentenary celebrations of the Koregaon Bhima battle on January 1, 2018 in which one person was killed and several others were injured.

Police have made elaborate security arrangements to ensure no untoward incident takes place during the congregation at the victory pillar, an official said.

Talking to reporters after visiting the victory pillar, Pawar said he came to offer tributes on behalf of the people of Maharashtra.

"This pillar has history and every year lakhs of people come here. Some untoward incidents took place two years ago, but the government is taking utmost care and elaborate police bandobast has been made here to ensure that no untoward incident takes place," he said.

Pawar also urged people to visit the war memorial in a peaceful manner.

"I appeal to people to come here and offer their tributes, but maintain peace and do not believe in rumours," the NCP leader said.

Prakash Ambedkar also offered his tributes at the victory pillar.

Pune Police last week issued notices to several people, including right-wing leaders Milind Ekbote and Sambhaji Bhide, and members of Kabir Kala Manch, barring them from entering the district for four days from December 29.

The notices, as part of preventive action, were issued to all those against whom cases were registered in connection with the violence two years ago.

Ekbote was arrested in March 2018 for allegedly instigating and orchestrating the violence around Koregaon Bhima.

Bhide was also booked and named in the FIR, but never arrested.

The police attributed the violence to the Elgar Parishad conclave held here on December 31, 2017, where provocative speeches were allegedly made.

They are also probing the alleged "Maoist link" of some activists to the Elgar Parishad conclave.

Several Dalit groups observe the anniversary of the Koregaon Bhima battle, in which the British defeated the Peshwas of Maharashtra.

The memorial, located at Perne village on Pune- Ahmednagar road, was constructed by the British in the memory of soldiers who died in the battle.

Dalit leaders commemorate the British victory as soldiers from the Mahar community were part of the East India Company's forces.

The Peshwas were Brahmins, and the victory is seen as a symbol of assertiveness by Dalits.

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News Networkwork
May 14,2020

Bengaluru, May 14: ABB India has posted a profit after tax of Rs 66 crore during the first quarter (January to March) due to lower volumes including service revenue and unfavourable mix.

In Q1 CY19, it had reported a profit after tax of Rs 89 crore. ABB India follows calendar year as its fiscal year.

The company reported a profit including exceptional items and before tax of Rs 87 crore. The resultant under-absorption and mark-to-market impact due to forex volatility were partly offset by refund incomes and a one-time gain on sale of solar business during the quarter.

Revenues for the first quarter stood at Rs 1,522 crore, impacted by lower sales, non-receipt of delivery clearance, lower service revenue in the nationwide lockdown due to the COVID-19 pandemic. This impact primarily occurred in March, the company said in a statement.

ABB India said it continues to maintain a stable cash position of Rs 1,464 crore as on March 31 in a market where cash collection continues to be a challenge.

Besides, despite many activities coming to a standstill in March, the quarter was marked by commissioning for a mining major at Raigarh in Chhattisgarh, electrical and automation systems for a cement major and port and electrics, drives and automation for a leading mill in Bangladesh.

Terminal installation and commissioning for LPG, power management electrical control system for a leading refinery and commissioning of two units of a power plant in Kerala are some of the other projects where ABB's involvement ensured continuity and safe operations, it said.

On a global scale, the impact of COVID-19, as well as the fall in oil prices, has significantly impacted the short-term outlook. The global economy is expected to contract in 2020 after a rapid deterioration in outlook driven by the pandemic.

Despite unprecedented stimuli by governments and central banks around the world and initial signs of recovering economic activity in China, macro-indicators point to a global recession of uncertain duration as many countries continue to face restrictions with anticipated long-term economic consequences, said ABB India.

While the company is taking prompt action to adapt its operations and cost base to safeguard profitability, it expects the results in the coming quarter to be impacted due to the loss of volumes.

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News Network
June 10,2020

New Delhi, Jun 10: India on Wednesday reported a spike of 9,985 more COVID-19 cases in the last 24 hours, taking the country's COVID-19 count to 2,76,583, according to the Union Ministry of Health and Family Welfare.

279 deaths were reported in the last 24 hours taking the total death toll to 7,745.

The total number of active cases has reached 1,33,632 while 1,35,205 patients have recovered. While one person has migrated.

With 90,787 cases, Maharashtra reported the highest number of coronavirus cases in the country followed by Tamil Nadu with 34,914 cases.

According to the Indian Council of Medical Research (ICMR), 1,45,216 samples were tested in the last 24 hours while overall 50,61,332 samples have been tested so far.

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