Coordinated bombs kill 56 during Iraq pilgrimage

June 13, 2012
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Baghdad, June 13: Coordinated car bombs in four Iraqi cities targeting Shiite pilgrims killed at least 56 people and wounded dozens more early on Wednesday in Iraq's latest wave of sectarian-fuelled violence, officials said.

The death toll was expected to rise in the attacks, which included car bombs that tore into Shiite religious processions at four different locations across Baghdad. It was the third attack in the capital this week targeting the annual pilgrimage commemorating the 8th century death of a revered imam.

Two police officers said the first bomb struck pilgrims in a procession at around 5 a.m. in the northern Baghdad neighbourhood of Taji, killing seven and wounding 22 people.

Within hours, three more explosions hit other processions in different parts of the Iraqi capital, killing at least 19 more people and wounding more than 50, police officers said. All officials spoke on condition of anonymity because they were not authorized to talk to the media.

In the city of Hillah, 95 kilometers (60 miles) south of Baghdad, two car bombs exploded minutes apart at dawn in the center of town, killing 21 people and wounding 53, according to two police officers and one health worker.

Nearby, in the southern city of Karbala, a parked car exploded at about 8 a.m. near another group of Shiite pilgrims, killing two people and injuring 22 others, a police official and health official said. Karbala is 55 miles (90 kilometers) south of Baghdad.

And north of Baghdad, in the Shiite town of Balad, two simultaneously car bombs killed seven pilgrims and injured 34 others, a police official and health official said. Balad is 50 miles (80 kilometers) north of the capital, near the city of Tikrit.

The bombs went off as the pilgrims started to make their way to Baghdad for the commemorations marking the death of al-Kadhim, one of the 12 principal Shiite saints, who is said to be buried in a shrine there. The attacks were launched against the backdrop of a prolonged sectarian-based political crisis that some fear is opening the door to renewed violence.

Last year's pilgrimage to the al-Kadhim shrine passed without incident, and Iraqi security officials at the time hailed their troops' work as a huge success.

However, Shiite pilgrims have been frequent targets of attack by Sunni insurgents, some with links to al-Qaida. Iraq's bloodiest wave of sectarian fighting was triggered by a bomb blast in February 2006 that ravaged a Shiite shrine in the city of Samarra.

Prime Minister Nouri al-Maliki, a Shiite, has been accused of amassing power and cutting coalition partners, mainly minority Sunnis and Kurds, out of decision making. Disgruntled coalition politicians have been trying to unseat al-Maliki with a vote of no confidence in parliament, but so far have been unable to muster the necessary backing.

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News Network
March 6,2020

New Delhi, Mar 6: As panicky depositors rushed to withdraw money from Yes Bank whose control was seized by the RBI in a dramatic late-night move, Finance Minister Nirmala Sitharaman on Friday assured depositors that their money is safe and said the central bank was working for an early resolution of the crisis.

The Reserve Bank of India (RBI) on Thursday evening capped withdrawals at Rs 50,000 for the next one month and imposed strict limits on operations at the country's fourth-largest private lender that faced "regular outflow of liquidity" after an effort to raise new capital failed.

"I am in continuous interaction with the RBI. The RBI is fully seized of the matter and has assured they will give a quick resolution," Sitharaman said here.

She said no depositor will lose his or her money and insisted that the immediate priority is to ensure Yes Bank customers are able to withdraw money within the stipulated cap.

"I want to assure every depositor that their money shall be safe. Their monies are safe," she said. "I am constantly in contact with the RBI and the steps that are taken are taken in the interest of depositors, banks and economy. We are fully seized of the development."

She was talking to reporters after meeting State Bank of India (SBI) Chairman Rajnish Kumar. On Thursday, the SBI board gave its "in-principle" approval to exploring investment opportunities in Yes Bank.

"So I repeat, the depositors can be assured that their money is safe," she said.

Soon after the RBI takeover, depositors thronged Yes Bank ATMs to withdraw money and police had to be deployed in some places to control the crowds.

Yes Bank has 1,000 branches across the country.

Refusing to elaborate on her meeting with the SBI chairman, the minister said that "was on a completely different matter".

"RBI governor has given me assurance that there will be an appropriate resolution soon. No depositor will lose (money)," she said. "Reserve Bank has taken cognizance of the problem."

The central bank, she said, has gone through the "process over and over again to find out an amicable solution".

"And that has been over the last couple of months. So it is not as if they have come in suddenly now. We have been monitoring the situation," she said adding the RBI has appointed an administrator who previously was with the SBI.

"Both the RBI and the government are looking at this with all the details before them, not just today. I have personally monitored the situation over the last couple of months with the RBI. Therefore we have taken a course which will be in everybody's interest," she added.

Yes Bank had been seeking new capital since last year to bolster its ratios and quell questions about its stability due to its exposure to the non-banking finance industry entangled in a prolonged crunch in the local credit market.

The SBI chairman said the resolution to the Yes Bank crisis will come "very shortly".

"This is not a sectoral problem. It is a bank-specific problem," he said. "The RBI will take all steps to ensure financial stability."

On SBI picking up a stake in Yes Bank, he said the lender already has an in-principle approval for doing so.

"If SBI has to pick up a stake in Yes Bank, we have an in-principle approval for that," he said.

Commenting on the crisis at Yes Bank, Alka Anbarasu, Vice President – Senior Credit Officer, Financial Institutions, Moody's Investors Service, said: "RBI's moratorium on Yes Bank is credit negative as it affects timely repayment of bank depositors and creditors."

"While Moody's expects Indian authorities will take steps to prevent the weakness in the bank's viability from significantly impacting its depositors and senior creditors, the lack of a coordinated and timely action highlights continued uncertainty around bank resolutions in India," she said.

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News Network
March 20,2020

New Delhi, Mar 20: The government on Thursday said one Indian who tested positive for coronavirus has died in Iran while the other citizens infected with the disease are being provided treatment and taken care of by the Iranian government.

Noting that the virus tends to be more fatal for those whose immunity levels are low, a senior MEA official said the deceased, an elderly person, belonged to the vulnerable age group and had health-related complications.

The death was not because of lack of medical attention or care, he said.

"We have evacuated 590 people from Iran where the situation is very severe. The Indians infected with coronavirus in Iran have been segregated and taken care of very well by the government there. We believe they will recover and we will bring them back," the MEA official said, adding that 201 Indians were evacuated from Iran on Wednesday.

The official said closely knit families required some persuasion and counselling during the process of segregation to prevent the spread of the contagion.

The Indian ambassador and other officials explained the consequences of infected people not being separated from their families and were successful to a large extent in segregating the positive cases from the negative ones, he said.

"Some pilgrims and students are still there and our embassy and mission are in control (of the situation)," the official said.

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News Network
January 24,2020

Kochi/Mumbai, Jan 24: Two students who recently returned from China have been kept under medical observation at the Ernakulam Government Medical College here for possible exposure to the coronavirus, an outbreak of which in China has triggered a global health scare.

Reports from Mumbai said two persons there too have been put observation at the civic-run Kasturba Hospital in Chinchpokali, PTI reported.

Health officials said no cases of the deadly infection have been detected.

One of the students being screened in Kerala and both being screen in Mumai have reported symptoms such as cold and fever and has been kept in isolation wards.

The additional district medical officer of Ernakulam, Dr S Sreedevi, said samples of the student’s body fluids would be sent to the National Institute of Virology in Pune for tests.

The youngster consulted a doctor at a private hospital and was referred to the Ernakulam hospital in the wake of the virus outbreak in Wuhan city of China.

A stringent screening system has been set up at the Kochi International Airport to screen passengers who have been in the affected province in China. Persons who have been to Wuhan and showing symptoms of cold, cough and fever are being immediately shifted to the Ernakulam hospital.

All quariantine facilities have been put in place there including an isolation ward and a ventilator.

The other person under observation in Kerala is an MBBS student from Kottayam district who recently returned from his college in China. The district medical office said she has no health issues. She was put under observation as a precautionary measure.

In Mumbai, 1,789 passengers have undergone thermal screening at the Chhatrapati Shivaji Maharaj International Airport for the coronavirus since January 19.

Coronavirus cases were first reported from Wuhan, the capital of central Chinas Hubei province in China.

In the wake of the coronavirus outbreak in China, doctors at international airports have been asked to screen travellers for symptoms if they are returning from China. All private doctors have been asked to alert the authorities if they observe symptoms of the coronavirus.

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