INDIA’S YES BANK FOUNDER ARRESTED ON MONEY LAUNDERING ALLEGATIONS

Sun 08 March 2020: (AFP) The founder of India’s Yes Bank was arrested on allegations of money laundering Sunday, amid efforts to formulate a rescue plan for the country’s fourth-largest private lender. In a late-night move Friday, the Central Bank seized control and imposed withdrawal limits on Yes Bank, which has been struggling with bad […]

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INDONESIA LOOKS TO STRENGTHEN DEFENSE TIES WITH TURKEY

KAPLAN MT tanks are jointly developed by Turkey’s FNSS Defense Industries Company and Indonesian PT Pindad.  Sat 07 March 2020: Turkey and Indonesia are working on several defense projects, including an armored personnel carrier and remotely steered weapons systems, an official from Indonesia’s state-owned defense manufacturer PT Pindad has said. PT Pindad innovation and product […]

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SHARES IN INDIA’S YES BANK PLUNGE CRASH 70% ON WITHDRAWAL LIMITS

Fri 06 March 2020: (AFP) Shares in India’s Yes Bank plunged more than 70 percent on Friday after the central bank seized control and imposed withdrawal limits to prevent the collapse of the country’s fourth-largest lender. Queues formed outside Yes Bank branches after the announcement late Thursday that customers could only withdraw 50,000 rupees ($678) […]

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TALIBAN ATTACKS KILL 20 ARMY, POLICE, HOURS AFTER TRUMP CALL: OFFICIALS

Wed 04 March 2020: The Taliban killed at least 20 Afghan soldiers and police officers in a string of overnight attacks, government officials told AFP Wednesday, hours after US President Donald Trump said he had a “very good” chat with the insurgents’ political chief. The US conducted an airstrike against Taliban fighters in Afghanistan’s Helmand province, according […]

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PAKISTAN: FIGHT AGAINST LOCUST ATTACKS TO BE STRENGTHENED

Wed 04 March 2020: The Ministry of National Food Security and Research and provincial agricultural departments have decided to strengthen the national action plan to combat locust attacks in all the four provinces. In a related development, a Chinese technical team is visiting Pakistan to assess the situation. It reviewed the situation of locust-affected districts […]

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FAIZAN DIES: BRUTALLY ASSAULTED BY DELHI POLICE IN VIRAL VIDEO

Tue 03 March 2020: The sequence of events that led to Faizan’s death suggests some members of the Delhi Police actively participated in the communal riots. Faizan, the 23-year-old Muslim man who was filmed as he was brutally assaulted by policemen who forced him to sing the national anthem between beatings, died after the Delhi Police […]

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MAHATHIR SAYS NEW PM YASSIN WOULD SPLIT MALAYSIA

Mon 02 March 2020: Malaysia’s Mahathir Mohamad on Sunday called for an urgent parliament sitting to contest the appointment of a Muhyiddin Yassin as the country’s next prime minister. Fears are growing that a new Malay-majority coalition could emerge, further spliting the nation, following the collapse of Mahathir Mohamad’s multiracial reformist alliance. Muhyiddin Yassin, a […]

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“STATE-SPONSORED TERROR” COULD LEAD TO RADICALIZATION OF 200 MILLION INDIAN MUSLIMS, PM IMRAN SAYS

Sun 01 March 2020: Pakistan’s prime minister on Saturday urged the international community to intervene and stop the ongoing “carnage of Muslims” in India. In a statement posted on Twitter, Imran Khan said India’s “state-sponsored terror” could lead to radicalization of 200 million Indian Muslims. At least 42 people, mostly Muslims, were killed and over […]

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BANGLADESH: THOUSANDS PROTEST AGAINST DELHI VIOLENCE, DEMAND MODI’S VISIT TO DHAKA CANCELLED

Sat 29 February 2020: Thousands of people on Friday took to streets across Bangladesh, most saliently in capital Dhaka and Sylhet, protesting against the deadly violence in Delhi that killed so far 42 people. The protesters called on the prime minister Sheikh Hasina’s government not to allow Indian prime minister Narendra Modi to visit Bangladesh […]

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