Pakistan condemns terrorism in Kashmir, rejects link to Pulwama attack

Agencies
February 15, 2019

Feb 15: Pakistan on Thursday said the terrorist attack in Jammu and Kashmir's Pulwama district is "a matter of grave concern" even as it strongly rejected Indian media and government's allegations of the country's link to the strike "without" probe.

In one of the deadliest terror attacks in Jammu and Kashmir's three decades of militancy, a suicide bomber from the Jaish-e-Mohammed (JeM) terror group rammed an explosives-laden vehicle into a CRPF bus in Pulwama district on Thursday, killing at least 39 personnel and leaving many critically wounded.

Attack in Pulwama in Kashmir is "a matter of grave concern", the Pakistan Foreign Office said in a statement.

Asserting that Pakistan has "always condemned acts of violence" anywhere in the world, it said, "We strongly reject any insinuation by elements in the Indian media and government that seek to link the attack to Pakistan without investigations."

In a tweet, FO spokesperson Mohammad Faisal said, "We have always condemned heightened acts of violence in Valley."

Meanwhile, India slammed Pakistan over the Pulwama terror attack and asked the neighbouring country to stop supporting terrorists and dismantle terror infrastructure operating from its soil.

India also strongly reiterated its appeal to all members of the international community to support the proposal to list terrorists, including JeM chief Masood Azhar, as a designated terrorist under the 1267 Sanctions Committee of the UN Security Council, and to ban terrorist organisations operating from territories controlled by Pakistan.

The Indian government condemns in the strongest possible terms the cowardly terrorist attack on India's brave security forces in Pulwama, the Ministry of External Affairs said in a statement.

This heinous and despicable act has been perpetrated by Jaish-e-Mohammed, a Pakistan-based terrorist organisation proscribed by the UN and other countries, it said.

This terror group is led by the international terrorist Masood Azhar, who has been given full freedom by the Pakistani government to operate and expand his terror infrastructure in territories under Pakistan's control and to carry out attacks in India and elsewhere with impunity, the MEA said.

Countries from across the globe also condemned the terror attack in Pulwama, with global leaders like the US, Russia and France asserting that they stand with India in combating the menace of terrorism.

"The US Mission in India strongly condemns today's terrorist attack in Jammu & Kashmir. We send our heartfelt condolences to the families of the victims," US Ambassador to India Kenneth Juster tweeted.

Russia, while condemning the terror attack, stressed the need to combat such "inhuman acts" with decisive and collective response without any double standards.

"We denounce terrorism in all its forms and manifestations and reiterate the need to combat these inhuman acts with decisive and collective response without any double standards," a Russian Embassy statement said.

French Ambassador to India Alexandre Ziegler said France most firmly condemns the heinous attack perpetrated in Jammu and Kashmir.

"France has always been and always will be by India's side in the fight against terrorism in all its forms," he said.

Germany strongly condemned the heinous terrorist attack, saying stands by its strategic partner India.

Australia, Turkey, Canada and Czech Republic also condemned the horrific terror attack.

India's neighbours Bangladesh, Bhutan, Sri Lanka and Maldives also expressed solidarity and vowed to combat the menace of terrorism jointly.

"I strongly condemn the deadly terrorist attack in Kashmir today killing at least 40 people. We send our thoughts and prayers to those affected. The Maldives will continue to work with India and the international community to combat terrorism in our region and the world at large," Maldivian President Ibrahim Solih said.

Bangladesh Prime Minister Sheikh Hasina, in a message through the country's High Commission in New Delhi said her country remains steadfast in its commitment against terrorism of all forms and manifestations and maintains a zero tolerance policy against any kind of terrorist activities.

"Deeply saddened by the news of the horrific terrorist attack in Kashmir. Bhutan strongly condemns terrorist attack of any nature. Our prayers are with the grieved family and we are following the situation closely," Bhutanese Prime Minister Lotay Tshering said.

Sri Lankan President Maithripala Sirisena expressed sadness over the dastardly terror attack, saying the world must condemn such brutal terrorist attacks and take effective action to prevent such incidents in future.

UN Secretary General Antonio Guterres also "strongly" condemned the terror attack, calling for those behind the attack to be brought to justice.

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Agencies
May 4,2020

Mumbai, May 4: Days after Facebook, private equity firm Silver Lake said it will invest 56.56 billion rupees ($746.74 million) in Reliance Industries's digital arm, giving it a valuation of 4.90 trillion rupees. Silver Lake on Monday agreed to pay Rs 5,655.75 crore to buy 1.15 per cent stake in the firm that houses billionaire Mukesh Ambani's telecom arm Jio.

The investment in Jio Platforms comes within days of Facebook investing USD 5.7 billion to buy a 9.99 per cent stake in Jio Platforms. The investment is at a premium of 12.5 per cent to the Facebook deal.

"This investment values Jio Platforms at an equity value of Rs 4.90 lakh crore and an enterprise value of Rs 5.15 lakh crore and represents a 12.5 per cent premium to the equity valuation of the Facebook investment announced on April 22, 2020," Reliance said in a statement.

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News Network
March 13,2020

Mumbai, Mar 13:  Investor wealth worth nearly Rs 12 lakh crore was wiped out in less than 15 minutes of trading on the stock exchanges on Friday, with the two benchmarks, the BSE Sensex and the NSE Nifty, crashing over 10 per cent.

The 30-share BSE Sensex plummeted 3,380.59 points, or 10.31 per cent, to 29,397.55. It hit an intra-day low of 29,388.97, falling up to 3,389.17 points.

Trading was halted for 45 minutes in the early session after the index hit its lower circuit limit.

The BSE and NSE benchmark indices, however, pared most losses with the Sensex trading 835.40 points, or 2.55 per cent, lower at 31,942.74, and the Nifty was down 253.25 points or 2.64 per cent at 9,336.90 at 10.40 am.

The mayhem on Dalal Street eroded investor wealth worth Rs 12,92,479.88 crore, taking the total m-cap to Rs 1,12,78,172.75 crore on the BSE at 1020 hours.

The m-cap of BSE-listed companies stood at Rs 1,25,70,652.63 crore at the end of trading on Thursday.

Traders said besides global selloff, incessant foreign fund outflows also weighed on investor sentiments.

On a net basis, foreign institutional investors sold equities worth Rs 3,475.29 crore on Thursday, data available with stock exchanges showed.

On the BSE, 1,279 scrips declined, while 193 advanced and 40 remained unchanged.

Volatility heightened in global markets as benchmarks world over went into panic mode, insinuating a freakish selloff.

Bourses in Shanghai dropped over 3.32 per cent, Hong Kong 5.61 per cent, Seoul 7.58 per cent and Tokyo cracked up to 7.97 per cent.

Wall Street lost 10 per cent in overnight trade.

More than 1,30,000 cases of the novel coronavirus have been recorded in 116 countries and territories, killing at least 4,900 people.

The number of coronavirus patients in India has risen to 74, as per the health ministry.

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News Network
March 6,2020

Mumbai, Mar 6: Harried Yes Bank depositors rushed to ATMs to withdraw cash but faced multitude of problems including closed down machines and long queues, after the RBI placed the bank under a moratorium, capping maximum withdrawals at Rs 50,000 per account for a month.

Aggravating the problems of depositors were difficulties accessing the internet banking channel, which ensured that they can't transfer the funds online as well. At an ATM in south Mumbai's Horniman Circle, with the RBI headquarters overlooking it, the shutters were pulled down.

The guard on duty said the machine was non-operational before he reported to work late in the evening and he was ordered to shut it after 2200 hrs. In the residential area of suburban Chembur, one ATM was dispensing cash but had a long queue of anxious depositors.

One man said it was still possible to withdraw up to Rs 50,000 in multiple transactions from the machine.

However, another machine nearby had run dry within minutes of the RBI announcement, a woman said.

The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender.

For the next month, Yes Bank will be led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.

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