Archive for June, 2020

21/06/2020

China likely lost at least 40 soldiers in border clash – Indian minister

MUMBAI (Reuters) – China lost at least 40 soldiers in a clash with India at their disputed border this week, a federal government minister has said, as the nuclear-armed countries remained locked in confrontation on the frontline on Sunday.

FILE PHOTO: An Indian Army convoy moves along a highway leading to Ladakh, at Gagangeer in Kashmir’s Ganderbal district June 18, 2020. REUTERS/Danish Ismail

China has not said anything about any losses in the hand-to-hand combat that took place in the heavily contested Galwan Valley in the western Himalayas, in which 20 Indian soldiers were killed and at least 76 injured.

“If 20 were martyred on our (Indian) side, then there would have been at least double the casualties on their (China) side,” V.K.Singh, the minister for roads and transport, told TV News24 in an interview broadcast late on Saturday.

Singh, who is a former army chief, did not provide any evidence to support his statement. He said China historically never accepted any war casualties including in the 1962 conflict with India.

China’s state controlled Global Times said earlier there had been casualties on the Chinese side but did not elaborate.

Singh said the Indian side had handed over Chinese troops who had strayed into Indian territory after the violent standoff.

India’s defence ministry spokesman Bharat Bhushan Babu refused to comment on Singh’s interview.

The nuclear-armed Asian neighbours traded accusations on Saturday that the other had violated their shared de facto border, an area that this week became the site of their deadliest clash in half a century.

Source: Reuters

20/06/2020

India’s Modi says there was no border intrusion in deadly clash with China

NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi appeared to downplay a clash with Chinese troops in a disputed Himalayan region that left 20 Indian soldiers dead and more than 70 injured, saying on Friday there had been no intrusion across his country’s borders.

“Nobody has intruded into our border, neither is anybody there now, nor have our posts been captured,” Modi said, referring to Ladakh’s Galwan valley, where hand-to-hand fighting between soldiers from the nuclear-armed neighbours took place earlier this week.

India and China are attempting to cool tensions after the deadliest clash in at least five decades, with military-level talks taking place in an attempt to deescalate the confrontation.

But Modi’s comments, made in a televised statement at the end of an all-party meeting to discuss the incident, contrasted with his government’s earlier stance.

On Wednesday, Foreign Minister Subrahmanyam Jaishankar had told a senior Chinese diplomat that the dispute was triggered after “the Chinese side sought to erect a structure in Galwan valley on our side of the LAC,” according to a ministry statement.

The LAC refers to the Line of Actual Control, the de facto border that has been a constant source of friction in the region where India and China fought a brief war in 1962.

With his nation in shock over the loss its soldiers lives, Modi faces one of the most difficult foreign policy challenges since he came to power in 2014.

On Friday evening, some opposition parties questioned why the government was not better prepared.An Indian Army convoy moves along a highway leading to Ladakh, at Gagangeer in Kashmir’s Ganderbal district June 18, 2020.

REUTERS/Danish Ismail

“Does the government not receive, on a regular basis, satellite pictures of the borders of our country? Did our external intelligence agencies not report any unusual activity along the LAC?” said Sonia Gandhi, president of the opposition Congress party.

SOLDIERS RETURNED

Earlier on Friday, an Indian government source said that China had returned 10 Indian soldiers captured during the battle.

In a briefing in Beijing, Chinese Foreign Ministry spokesman Zhao Lijian denied any Indian troops had been in its custody.

“As far as I know China hasn’t seized any Indian personnel,” Zhao said.

The Indian army did not comment on the release, which according to the source took place on Thursday evening, instead referring to a government statement that said all of its soldiers were accounted for.

India has said the Chinese side also suffered casualties in the clash, but China has not disclosed any.

Military officials have since held talks, but there is no sign of a breakthrough.

“The situation remains as it was, there is no disengagement, but there is also no further build up of forces,” said a second Indian government source, who is aware of the ground situation.

The official said at least 76 Indian troops were wounded during the clash, and had been hospitalised.An ambulance moves past an Indian Army convoy along a highway leading to Ladakh, at Gagangeer in Kashmir’s Ganderbal district June 18, 2020. REUTERS/Danish Ismail

“No one is critical as of now,” he said.

U.S. SYMPATHY

The United States offered condolences to India on Friday.

“We extend our deepest condolences to the people of India for the lives lost as a result of the recent confrontation with China,” U.S. Secretary of State Mike Pompeo said in a message posted on Twitter.

“We will remember the soldiers’ families, loved ones, and communities as they grieve.”

Having actively sought greater economic engagement with China, Modi is compelled to review the state of those ties, just at a time when Sino-U.S. relations have also deteriorated.

As a non-aligned nation, India has always sought to balance the influence of super-powers.

But in the past two decades, New Delhi has built closer political and defence ties with Washington, and the United States has become one of India’s top arms suppliers.

Source: Reuters

19/06/2020

China hands back 10 Indian soldiers taken during border clash – Indian official source

NEW DELHI (Reuters) – China has returned 10 Indian soldiers captured during a deadly border clash earlier this week, a Indian government source said on Friday, as two Asian nuclear powers sought to de-escalate tensions on their disputed border in the western Himalayas.An Indian Army convoy moves along a highway leading to Ladakh, at Gagangeer in Kashmir’s Ganderbal district June 18, 2020.

REUTERS/Danish Ismail

The Indian army did not comment on the release, which according to the source took place on Thursday evening, instead referring to a government statement that said all of its soldiers were accounted for.

Twenty Indian soldiers, including an officer were killed in vicious hand-to-hand combat on Monday night in the Galwan Valley, according to the government, making it the deadliest clash on the India-China border in more than five decades.

India has said the Chinese side also suffered casualties too, but the Chinese government has not disclosed any.

Tensions remain high, despite the two governments agreeing they would seek to de-escalate the confrontation. And a day after the funerals of some of the soldiers in their hometowns, the public mood was hardening in India, with growing calls for revenge and a boycott of Chinese-made goods.

Since the clash, military officials have held talks but there is no sign of a breakthrough.

“The situation remains as it was, there is no disengagement, but there is also no further build up of forces,” said a second Indian government source, who is aware of the ground situation.

The official said at least 76 Indian troops were wounded during the clash, and had been hospitalised.

“No one is critical as of now,” he said.

With his nation in shock over the loss its soldiers lives, Prime Minister Narendra Modi faces one of the most difficult foreign policy challenges since he came to power in 2014.

On Friday evening, Modi will hold an all-party meeting in New Delhi to discuss the crisis on the border with China.

U.S. SYMPATHY

The United States offered condolences to India on Friday over the deaths its soldiers.

“We extend our deepest condolences to the people of India for the lives lost as a result of the recent confrontation with China,” U.S. Secretary of State Mike Pompeo said in a message posted on Twitter.

“We will remember the soldiers’ families, loved ones, and communities as they grieve.”

Having actively sought greater economic engagement with China, Modi is compelled to review the state of those ties, just at a time when Sino-U.S. relations have also deteriorated.

As a non-aligned nation, India has always sought to balance the influence of super-powers, while maintaining an independent course in foreign policy matters.

But in the past two decades, New Delhi has built closer political and defence ties with Washington, and the United States has become one of India’s top arms suppliers.

In the wake of the rising tensions with Beijing, there are rising calls from top former Indian diplomats for an even tighter relationship with the United States and its allies such as Japan to help face the economic and military might of China.An ambulance moves past an Indian Army convoy along a highway leading to Ladakh, at Gagangeer in Kashmir’s Ganderbal district June 18, 2020.

REUTERS/Danish Ismail

“This is an opportunity for India to align its interests much more strongly and unequivocally with the U.S. as a principal strategic partner and infuse more energy into relations with Japan, Australia, and ASEAN,” former foreign secretary Nirupama Rao wrote in The Hindu newspaper.

India has accused the Chinese troops in the Galwan Valley of acting in a premeditated manner, attacking Indian soldiers with iron rods and batons studded with nails.

Satellite images suggest that in the days leading up to the clash, China brought in heavy machinery, cut a trail into the mountainside and may have even dammed a river.

The images taken a day after the clash show an increase in activity from a week earlier.

Source: Reuters

18/06/2020

India holds funerals for soldiers killed in China border clash as tensions stay high

NEW DELHI (Reuters) – India prepared to hold funerals on Thursday for some of the 20 soldiers killed in brutal hand-to-hand fighting with Chinese troops in a disputed mountainous border region, as the nuclear-armed rivals sought to defuse tensions.Indian army soldiers stand around the coffin of their colleague, who was killed in a border clash with Chinese troops in Ladakh region, during a wreath laying ceremony in Patna, India, June 17, 2020.

Troops remained on alert at the Galwan Valley in the Ladakh region of the western Himalayas three days after the clashes, in which India said China had also suffered casualties. China has not given details of any deaths or injuries among its troops.

Indian Foreign Minister Subrahmanyam Jaishankar spoke to senior Chinese diplomat Wang Yi on Wednesday and the two sides agreed not to take any steps to escalate matters and instead ensure peace and stability on the contested frontier.

An Indian official said senior military officers from both sides were holding talks on Thursday to defuse tensions. The talks were ongoing, the official said.

But both Jaishankar and Wang Yi traded blame for the deadliest border clash since 1967 and called for the other side to rein in their troops.

“The need of the hour was for Chinese side to reassess its action and take corrective action,” the Indian foreign ministry quoted Jaishankar has telling Wang.

The Chinese diplomat said India must punish those responsible for the conflict and control its frontline troops, the Chinese foreign ministry said.

Hardline nationalist groups with ties to Prime Minister Narendra Modi’s Bharatiya Janata Party have stepped up calls for a boycott of Chinese goods and a cancellation of contracts with Chinese firms.

China’s Oppo cancelled the live online launch of its flagship smartphone in India.

In the western Indian city of Surat, a group of people gathered on Wednesday and threw a Chinese-made television set on the ground and stomped on it in a show of protest.

“In the current situation, the China issue should not be taken lightly…In many cases, there may be Chinese money invested, but I think the regular things we buy from the market, one should certainly make sure that we avoid Chinese products,” Food and Consumer Affairs minister Ram Vilas Paswan told the Economic Times.

STRIDENT NATIONALIST

Russia, which is close to both nations, said on Wednesday it hoped India and China would find mutually acceptable ways to ensure security on their border, Interfax news agency reported.

Rising tensions with China – whose economy is five times bigger than India’s and spends three times as much money on its military – has become Prime Minister Narendra Modi’s most serious foreign policy challenge since he took power in 2014.

A strident nationalist, Modi was elected to a second five-year term in May 2019 following a campaign focused on national security after spiralling tensions with old enemy Pakistan, on India’s western border.

Following Monday’s violence, he is under pressure from the opposition and the gung-ho Indian media to respond strongly to China.

China and India fought a brief border war in 1962 and have had occasional flare-ups when patrols have confronted each other at the poorly defined Line of Actual Control, the de facto border.

But on Monday night, hundreds of soldiers fought with iron rods and clubs studded with nails in the freezing heights for several hours. Under agreements in the 1990s, the two sides have said they will not use arms near the border.

Dozens of people lined the street in the southern Indian town of Suryapet as the body of army Colonel B.Santosh Babu was brought home, wrapped in the Indian flag .

Funerals of other soldiers will also be taking place in their hometowns and villages, including several in the eastern state of Bihar.

“The sacrifice of our soldiers will not be allowed to go waste,” Modi said.

India’s financial markets reacted nervously initially, but steadied later in the day.

The NSE Nifty 50 index was last up 1.34% at 10,013.50 at 0815 GMT, while the benchmark S&P BSE Sensex was up 1.26% at 33,930.87.

Source: Reuters

17/06/2020

India awaits Modi’s response to China after 20 killed in clubs and stones border clash

NEW DELHI/BEIJING (Reuters) – India impatiently awaited Prime Minister Narendra Modi’s response on Wednesday to the death of at least 20 soldiers in a border clash with Chinese troops as the country’s media vented its fury and political rivals goaded Modi over his silence.Indian army soldiers carry the body of their colleague, who was killed in a border clash with Chinese troops, to an autopsy center at the Sonam Norboo Memorial Hospital in Leh, June 17, 2020. REUTERS/Stringer

Modi, in a Twitter message, called for an all-party meeting on Friday to discuss the situation, but did not make any other comment on the confrontation between the nuclear-armed neighbours.

China’s said it does not want to see any more clashes on the border with India following Monday’s violence. Foreign ministry spokesman Zhao Lijian reiterated that China was not to be blamed for the clash and said the overall situation at the border was stable and controllable.

According to Indian officials no shots were fired, but soldiers were hit with clubs and stones during a brawl that erupted between the two sides in the remote Galwan Valley, high in the mountains where India’s Ladakh region borders China’s Aksai Chin to the east.

RELATED COVERAGE

India’s foreign ministry said there had been casualties on both sides, but China has not disclosed any casualties so far.

Modi, who rode to power on a nationalist platform, met his defence and foreign ministers and the military chiefs late on Tuesday, but he had yet to speak publicly on the worst clash between the two countries since 1967, five years after China had humiliated India in a war.

Modi was elected to a second five-year term in May 2019 following a campaign focused on national security after spiralling tensions with old enemy Pakistan, on India’s western border.

“Gloves are off, with the Galwan valley clash, China pushed too hard,” the Times of India wrote in an editorial. “India must push back.”

“Beijing can’t kill our soldiers at the border and expect to benefit from our huge market,” it continued, advocating sanctions against Chinese imports.

Facing what could his greatest foreign policy challenge since coming to power in 2014, Modi refrained from commenting publicly on the incident as a clamour for action rose over the past day.

“Why is the PM silent, why is he hiding,” Rahul Gandhi, leader of the opposition Congress party tweeted. “Enough is enough, We need to know what happened. How dare China kill our soldiers, how dare they take our land.”

Hundreds of Indian and Chinese troops have been facing each other since early May at three or four locations in the uninhabited high-altitude deserts of Ladakh.

India says Chinese troops have intruded into its side of the Line of Actual Control or the de facto border.

China rejects the allegation and has asked India not to build roads in the area, claiming it to be its territory.

COLONEL KILLED

According to the Indian government sources, the fighting on Monday night broke out during a meeting to discuss ways to de-escalate tensions, and the colonel commanding the Indian side was one of the first to be struck and killed.

Many of the other Indian soldiers who died had succumbed to their wounds, having been unable to survive the night in freezing temperatures.

Unlike in India, the incident did not receive wall-to-wall coverage in China, where official media reported a statement on the incident from the spokesperson for the Chinese army’s Western Command.Slideshow (9 Images)

On social media, bloggers and media aggregating platforms shared Indian media reports, such as the Indian army’s announcement acknowledging that the death toll had risen to 20.

Most vocal was the Global Times, a paper published by the official paper of the country’s ruling Communist Party.

Its editor-in-chief, Hu Xijin, took to domestic and global social media platforms to scold India, saying “Indian public opinion needs to stay sober” and to warn that China did not fear a clash.

India China border clash in the Galwan Valley: here

Reuters Graphic

Source: Reuters

16/06/2020

Chinese military suffers casualties in clash with India – Global Times editor

BEIJING (Reuters) – The Chinese military suffered casualties in a border clash with Indian soldiers, the editor-in-chief of China’s Global Times newspaper said on Tuesday.

“Based on what I know, Chinese side also suffered casualties in the Galwan Valley physical clash,” Hu Xijin said in a tweet. He did not give further details.

The Global Times is published by the People’s Daily, the official newspaper of China’s ruling Communist Party.

Source: Reuters

15/06/2020

Coronavirus resurgence forces Beijing to reinstate isolation measures

BEIJING (Reuters) – Several districts in Beijing reinstated security checkpoints, ordered residents be tested and closed schools on Monday in response to an unexpected resurgence of the coronavirus in the Chinese capital.People wearing face masks commute inside a subway station during morning rush hour, following new cases of coronavirus disease (COVID-19) infections in Beijing, China June 15, 2020. REUTERS/Tingshu Wang

After nearly two months with no new infections, Beijing officials have reported 79 cases over the past four days, the biggest concentration of infections since February.

The return of COVID-19 in Beijing has shrouded the city, home to the headquarters of many big corporations, in uncertainty at a time China is trying to shake off the economic torpor of the virus.

“The risk of the epidemic spreading is very high, so we should take resolute and decisive measures,” Xu Hejiang, spokesman at the Beijing city government, said at a press conference on Monday.

The outbreak has been traced to the city’s Xinfadi, the biggest wholesale food market in Asia, where thousands of tonnes of vegetables, fruits and meats change hands each day.

A complex of warehouses and trading halls spanning an area the size of nearly 160 soccer pitches, Xinfadi is more than 20 times larger than the seafood market in Wuhan where the outbreak was first identified.

The spate of new cases prompted officials in many parts of the city to swiftly bring back tough counter-epidemic measures, with at least three districts entering “war-time mode.”

Measures imposed included erecting round-the-clock security checkpoints, closing schools and sports venues, and reinstating temperature checks at malls, supermarkets and office buildings.

Some districts also dispatched officials to residential compounds in what they described as a “knock, knock” operation to identify people who have visited Xinfadi or been in contact with somebody who has.

Beijing began testing on masse on Sunday, conducting tens of thousands of examinations.

Samples of 8,950 people who were identified as recently being at Xinfadi had been collected as of early Monday, said Gao Xiaojun, a spokesperson for the Beijing public health commission, at Monday’s briefing. Results from the 6,075 tested so far were negative, Gao said.

A vegetable wholesaler at Xinfadi said he had to stay in quarantine for 14 days at a designated hotel even after his test was negative.

“I’ve to take another test after the 14 days,” he said, speaking on condition of anonymity.

The World Health Organization said on Sunday it was informed of the outbreak and a subsequent investigation by Chinese officials.

“WHO understands that genetic sequences will be released as soon as possible once further laboratory analyses are completed,” it said in a statement.

An epidemiologist with the Beijing government said on Sunday a DNA sequencing of the virus showed the Xinfadi outbreak could have come from Europe.

SPREAD CONCERNS

Governments in some other cities and provinces warned their residents against non-essential travel to the capital, and implemented isolation protocols for some visitors from the capital.

Wang Xiaoyang, who works in public relations in the southern boomtown of Shenzhen, said she received a text message from local authorities telling her to stay at home for 14 days after returning from Beijing on Friday.Slideshow (6 Images)

The northeastern Liaoning province and northern Hebei province reported a combined handful of cases connected to the Beijing infections. Sichuan in the southwest reported one suspected case.

Baoding, a highly industrialised city in Hebei about 150 kilometres southwest of Beijing, was closely monitoring entry. “Every gate to Baoding should be strictly guarded to prevent the contagion from spreading in the city,” state media quoted Baoding officials as saying.

Source: Reuters

14/06/2020

Monsoon rains spread over a third of India, weather office says

A man carries his bicycle as he crosses a flooded road after heavy rains in Ahmedabad, June 8, 2020. REUTERS/Amit Dave

MUMBAI (Reuters) – Annual monsoon rains key to farm output and economic growth have covered more than a third of India and could spread further into its eastern and western regions this week, the weather office said on Thursday.

The rains are critical for farming, which makes up about 15 percent of Asia’s third-biggest economy at a size of nearly $2 trillion, since about 55% of arable land in the south Asian nation is rain-fed.

“Conditions are becoming favourable for further advance of southwest monsoon into more parts of the central Arabian Sea and Maharashtra,” the India Meteorological Department (IMD) said in a statement.

In the next 48 hours, the monsoon would also advance into some more parts of the eastern states of Odisha and West Bengal, it added.

The western state of Maharashtra is India’s second biggest producer of cotton, soybean and sugar, while West Bengal is the top rice producer.

The monsoon’s progress will help farmers speed up sowing of summer crops such as soybean, cotton, rice and pulses.

Since the season began on June 1, the rains brought by the monsoon have been 32% greater than normal, weather department data shows, particularly as a cyclone, Nisarga, brought heavy rain last week to the west coast.

India is likely to receive above average monsoon rain for the second straight year in 2020, the IMD said this month, boosting hopes for higher farm output in an economy reeling under the impact of the coronavirus.

Source: Reuters

13/06/2020

India sets out proposals for tighter governance at banks

FILE PHOTO: A worker walks past the logo of Reserve Bank of India (RBI) inside its office in New Delhi, India July 8, 2019. REUTERS/Anushree Fadnavis/File Photo

NEW DELHI (Reuters) – India’s central bank proposed on Thursday stricter governance rules for commercial banks, following a series of financial and governance problems at lenders in recent months.

The Reserve Bank of India’s (RBI) proposal includes limiting the length of time a major shareholder can serve as CEO to 10 years; setting clear divisions of responsibilities between a bank’s board and management; and improving the supervisory oversight of senior management.

In a 74-page document drawn up for a public consultation on the plan, the RBI said the objective of tougher guidelines was to “align the current regulatory framework with global best practices while being mindful of the context of (the) domestic financial system.”

In the past six months the RBI has stepped in to take control of three major financial institutions following financial problems.

Dewan Housing Finance Corp (DWNH.NS), one of the country’s biggest housing finance companies was rescued as it owed creditors billions of dollars, and the RBI took control of Punjab & Maharashtra Co-operative Bank after the central bank said it found irregularities including under-reporting of bad loans.

In March it also rescued Yes Bank (YESB.NS), then the country’s fifth-largest private lender, as it reeled under a mountain of bad loans due to its exposure to troubled shadow lenders and real estate companies.

“Recent events in a dynamic and rapidly evolving financial landscape have led to increasing scrutiny of the role of promoter(s), major shareholder(s) and senior management vis-a-vis the role of a board,” the RBI said.

Source: Reuters

12/06/2020

Monsoon rains spread over a third of India, weather office says

MUMBAI (Reuters) – Annual monsoon rains key to farm output and economic growth have covered more than a third of India and could spread further into its eastern and western regions this week, the weather office said on Thursday.

The rains are critical for farming, which makes up about 15 percent of Asia’s third-biggest economy at a size of nearly $2 trillion, since about 55% of arable land in the south Asian nation is rain-fed.

“Conditions are becoming favourable for further advance of southwest monsoon into more parts of the central Arabian Sea and Maharashtra,” the India Meteorological Department (IMD) said in a statement.

In the next 48 hours, the monsoon would also advance into some more parts of the eastern states of Odisha and West Bengal, it added.

The western state of Maharashtra is India’s second biggest producer of cotton, soybean and sugar, while West Bengal is the top rice producer.

The monsoon’s progress will help farmers speed up sowing of summer crops such as soybean, cotton, rice and pulses.

Since the season began on June 1, the rains brought by the monsoon have been 32% greater than normal, weather department data shows, particularly as a cyclone, Nisarga, brought heavy rain last week to the west coast.

India is likely to receive above average monsoon rain for the second straight year in 2020, the IMD said this month, boosting hopes for higher farm output in an economy reeling under the impact of the coronavirus.

Source: Reuters

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