分类： bharat

Pakistan on Saturday admitted that Dawood Ibrahim, one of India’s most-wanted men, lives within its territory – in Karachi, in a building called the ‘White House’.

Dawood Ibrahim, who heads a vast and multifaceted illegal business, had emerged as India’s most-wanted terrorist after the 1993 Mumbai blasts. For years, Pakistan has been denying that it was sheltering him. This was despite repeated statements and evidence that India provided from time-to-time about his presence in Pakistan.

The revelation about Dawood Ibrahim’s presence was made on Saturday when Pakistan placed his name on the list of designated terrorists operating within its territory. The list was submitted before the Financial Action Task Force (FATF), a global money laundering and terrorist financing watchdog.

Pakistan has claimed that it has directed placing travel restrictions on Dawood Ibrahim, besides putting an arms embargo and freezing his funds.

In 2003, the US declared Dawood Ibrahim as a Specially Designated Global Terrorist.

India has repeatedly asked the Government of Pakistan to hand over Ibrahim to India so that he can be prosecuted for the crimes committed by him. It is reported that Ibrahim is based in the southern port city of Karachi.

India’s silver imports are likely to fall by more than 40 per cent from a year ago to the lowest level in eight years, with investors booking profit by selling stocks after local prices rallied to a record high this month, leading importers said.

Lower imports by the world’s biggest silver consumer could weigh on global prices that have risen more than 50 per cent so far in 2020.

“Investors, who bought silver at higher levels, got an opportunity to exit after a long time. For some, even after a decade,” said Chirag Thakkar, CEO of Amrapali Group Gujarat, a leading silver importer.

Their selling will reduce import requirement for 2020 to 3,000 tonnes, the lowest since 2012, he said.

India imported 5,598 tonnes of silver in 2019, according to data compiled by Refinitiv GFMS. The country fulfills most of its silver requirement through imports.

Investors are sceptical whether silver will hold recent gains, said Prithviraj Kothari, managing director of RiddiSiddhi Bullions.

“There is rush from sellers but very few buyers are there. Sellers are forced to accept hefty discount,” he said.

Local silver futures were trading around 66,800 rupees per kg on Thursday afternoon after hitting a record high of 77,949 rupees earlier this month.

But in the spot market silver was offered at discount of more than Rs 5,000 per kg due to weak demand, Thakkar said.

India’s silver imports in the first seven months of the year nearly halved from a year ago to 1,900 tonnes and it is unlikely to rise again unless prices correct sharply, said a Mumbai based dealer with a bullion importing bank.

Transformation is key to burning away the Covid-19 fears. Not surprisingly today all of us are compelled to go beyond our form, battling over either surviving in our jobs or nursing our Covid-struck businesses.

Covid-19 has hugely impacted every section of society, paralyzed movement of people and vehicles and severely endangered our economy. However, there are sectors that have sensed the opportunity and are set to strategize with innovations.

These sectors could also be on the lookout for professionals who can add value, creating a scope for an employment opportunity.

Five sectors which will be in high demand in the post-Covid era are:

1. Ed-tech

2. Healthcare

3. Fintech/Financial services

4. OTT and Online Gaming

5. E-Retail and E-Commerce

Covid-19 is determined to bring destruction, but we are hoping that there will be phoenixes rising out of the ashes of the crisis. The pandemic has opened our eyes to gaps and challenges and awakened many industries to transform.

We are already witnessing a new wave of technologies emerging, thus signaling the dawn of another renaissance. India has a chance to grab the opportunity of attracting companies from western countries that are looking at moving out of China and Japan.

This could magnify the Government’s vision to make India a manufacturing hub, time to turn India’s vision to reality!