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Dry ATMs rebut Jaitley’s claim of swift recovery post note ban

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ATM No cash

New Delhi, February 17: Despite the claim of Union Finance Minister Arun Jaitley that printing of new money was done efficiently after the November note ban and things were “normalised” in a few weeks, many ATMs in the capital here were found gasping for cash.

As IANS went around the ATMs in the national capital, it found that the situation had only marginally improved from what it was in the thick of turmoil that followed the demonetisation and that most of the cash machines still were bone dry.

Only one ATM in Laxmi Nagar of east Delhi was found dispensing cash out of a total of eight visited by IANS. Rest bore either a ‘no cash’ sign or were simply ‘out of order’.

Similarly, in the Yusuf Sarai area of south Delhi, the ATMs of HDFC Bank, Canara Bank, Punjab National Bank (PNB), Kotak Mahindra Bank and IndusInd Bank were found cashless. An Axis Bank ATM was the only one found with cash in the vicinity.

Same situation prevailed in top locations like Sansad Marg (Parliament Street), where none of the four State Bank of India (SBI) ATMs had cash, in addition to an Axis Bank machine near the YMCA nearby, which has not had cash since the demonetisation on November 8 last year.

One found the situation more telling in Connaught Place, the bustling market in the heart of the capital, where as many as eight ATMs were found to be either dysfunctional or without ash over a stretch of two blocks.

These included four ATMs of SBI, two of PNB, and one each of Bank of India and Bank of Baroda.

Speaking at the 11th Foundation Day function of the Security Printing Minting Corporation of India Ltd (SPMCIL) on Friday, Jaitley said: People used to guess it will take a year or seven months for remonetisation. But in a few weeks, things were normalised. 

He also applauded the security printing presses for their efficiency.

IANS

America

US to revoke visas of Saudi officials implicated in death of Jamal Khashoggi

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journalist Jamal Khashoggi

BREAKING: The United State to revoke visas of some Saudi officials implicated in death of Washington Post writer Jamal Khashoggi.

Pompeo also said during a press conference that the State and Treasury departments are looking at the possibility of sanctions meant to target those responsible for human rights violations.

The announcement comes after President Trump called the kingdom’s efforts to hide Khashoggi’s killing inside the Saudi consulate in Istanbul the “worst cover-up ever,” stepping up his rhetoric as frustrations directed at Riyadh grow.

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US slaps sanctions on Taliban, Iranian supporters

Washington has intensified its sanctions against Iranian entities and individuals after President Donald Trump’s decision to exit the Iran nuclear deal in May, a move that has been widely criticized by the international community.

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Washington, Oct 24 : The US Treasury announced on Tuesday that it has imposed sanctions on eight individuals, including two associated with Iranian Islamic Revolutionary Guard Corps — Qods Force (IRGC-QF), in an effort to hit Afghanistan’s Taliban militants.

The Treasury accused the designated Taliban members of engaging in suicide attacks and other activities in Afghanistan and blamed the Iranians for providing financial and material support for the Taliban, Xinhau reported.

US Treasury Secretary Steven Mnuchin claimed in a statement that Iran was “exploiting Afghanistan to further their destabilizing behaviour”.

Mnuchin is on a week-long trip to the Middle East with talks on combating terrorist financing and looming Iran sanctions.

Also on Tuesday, the other member nations of the Terrorist Financing Targeting Centre (TFTC), all US Gulf allies, also imposed Taliban-related sanctions.

Saudi Arabia and Bahrain announced Tuesday to add Iran’s IRGC to the list of terror-related individuals and organisations, Saudi Press Agency reported.

Washington has intensified its sanctions against Iranian entities and individuals after President Donald Trump’s decision to exit the Iran nuclear deal in May, a move that has been widely criticized by the international community.

New US sanctions on Iran’s oil exports are set to kick in on November 4.

Iranian Foreign Minister Mohammad Javad Zarif said his country will manage to abort anti-Iran sanctions by the United States, Press TV reported on Monday.

The TFTC, including the United States, Saudi Arabia, Bahrain, the United Arab Emirates, Kuwait, Oman and Qatar, was formed in May 2017 and inaugurated by the Saudi King Salman bin Abdulaziz Al Saud and Trump on the sidelines of the Arab-Islamic-American Summit last year.

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Sports

Sindhu in second round of French Open

In the next round, Sindhu will now take on the winner of the first-round match between Cheung Ngan Yi of Hong Kong and Japan’s Sayaka Sato.

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PV Sindhu
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Paris, Oct 24 (IANS) Ace India shuttler P.V. Sindhu entered the second round of ongoing French Open after thrashing Beiwen Zhang in straight games here on Tuesday.

Sindhu took just 34 minutes to outclass Zhang 21-17, 21-8. With this win, the Rio Olympic silver medalist avenged her loss at the hands of Zhang in the opening round of the Denmark Open, last week.

In the next round, Sindhu will now take on the winner of the first-round match between Cheung Ngan Yi of Hong Kong and Japan’s Sayaka Sato.

Meanwhile, the Indian men’s doubles pair comprising Arjun MR and Shlok Ramachandran crashed out of the tournament after going down 14-21, 17-21 to Chinese pair of Li Junhui and Liu Yunchen in the first round.

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