NIA crackdown on terror in Kashmir: Separatists receive funds from Dubai, London, says top aide

Amidst the counter-terrorism efforts of the State Agency for Investigation (NIA) on the financing of terrorism in Kashmir, The Deccan Chronicle reports that, in addition to receiving funds from Pakistan, the leaders of all Hurriyat Conference (APHC) Clothing funds in London and Dubai.

This information was provided by Shahid-ul-Islam, the chief Mirwaiz Umar Farooq using, head of the moderate faction of Hurriyat and one of seven detained by the NIA separatists.

According to the NDTV report, the NIA has seized a list of 150 terrorists in the Islam valley who also acted as spokesman for the separatist conglomerate, as reported by NDTV. In its first major repression against the financing of terrorism in Kashmir, the NIA arrested Islam in late July.

The agency said that during the searches, the researchers found ancient photographs of Islam, including one with Hizbul Mujahideen’s chief, Syed Salahuddin.

In another recovered image, he is seen with other armed men, holding an AK-47 assault rifle. The NIA says that other men could be terrorists.

According to the Hindu, the annual Haj pilgrimage could also be used to fund the separatists. The newspaper reported that “the NIA focuses on a hawala snowshoe related to the annual Haj pilgrimage.”

Some travel agencies sending the Indians to the Haj pilgrimage appear to be gloves with separatist aid in Saudi Arabia and Pakistan.

The money collected from these pilgrims is then potentially diverted to terror and separatist activities.

An NIA was quoted by The Hindu: “Some of these travel agencies charge around Rs 2 lakh per pilgrim and tickets through the government subsidy scheme.

Around Rs 1.5 lakh cash given by the pilgrims is bagged by them and transferred to the separatists.

The pilgrims were taken care of during their pilgrimage to Saudi Arabia by their fellow separatists in Pakistan. ”

Earlier, citing the government’s main source, CNN-News18 reported that separatists were also using benami properties to acquire funds through Pakistan.

According to sources, six separatists used benami properties and proxies to acquire funds while leading the separatist movement in the valley.

A direct link has been established between the leaders of Lashkar-e-Taiba and Hurriyat in a dossier prepared by the NIA, according to CNN-News18.

The archive explains how financial aid is sought across the border to finance terror and fuel waste in Kashmir.

CNN-News18 added that “the NIA interviewed several separatist leaders in the development and transfer of funds through the hawala to finance terrorist activities in Kashmir.”

In this regard, PTI reported that the homes of at least eight hawala traders and traders in New Delhi were also attacked.

In addition, two Sonepat teams were also sought by the NIA teams in this case.

On July 28, IANS reported that the NIA had arrested three separatist leaders in Kashmir. Leaders would be sent to Delhi for further questions.

HPCL Q1 net drops 56% at Rs 925 cr on high inventory loss

China’s Hindustan Petroleum Corporation posted a lower net profit of 56% for the first quarter of fiscal year 2017-18 ending June 30 at 924.75 cr. Millions of rupees, compared to Rs. 098.38 million Rs 2 over the same period last year.

Meanwhile, the company’s sales for the period under review was up 13 percent to Rs 59,891.27 premium compared to Rs 51,599.52 crore in the April-June period of 2016-17.

“The decrease in net income was mainly due to a larger inventory loss of Rs 1,595 crore, compared to an inventory gain of Rs. 1.935 crore in the first quarter of last year,” said K. Surana, President And CEO of HPLC.

India’s basket basket price fell $ 4.56 per barrel between April and June 2017 compared to a $ 10.89 a barrel increase last year. The loss of inventory in the marketing of the quarter was Rs 960 crore, while that of the refinery stood at Rs 636 crore.

The company’s gross refining margin was $ 5.86 per barrel versus $ 6.83 per barrel in the first quarter of 2016 to 17. After adjusting for inventory losses, the main GRM for the quarter rose To $ 8.81 per barrel.

As of June 30 the company’s debt stood at Rs 12.2 billion rupees, below Rs 21.250 crore on March 31.

The company achieved a combined capacity of 4.49 million metric tons with a capacity utilization of 114 percent versus 4.48 MT a rate during the same period a year earlier.

HPCL has also made a domestic sales of 9.20 MT or the highest sales volume of the company during a quarter.

When asked about the upcoming acquisition of a 51.1% government stake in HPCL by ONGC, Surana said the agreement would bring synergy to HPLC regarding petrochemical activity.

“We still have to get first-hand information from the government in this regard and we have already informed the stock market. However, the process has already begun when the evaluation consultants working on it,” he added.

He added that the company is not slowing down its investment and expansion plans. “For the fiscal year 2017-18, we invested approximately 7100 CRS in several projects, including refineries, pipelines and commercialization,” he added.

Labour ministry forms panel to look afresh at minimum wage fixation formula

The Ministry of Labor has formed a committee to review Thursday the new minimum wage fixing formula taking into account the cost of maintaining a minimum standard of living and also the average family size.

The Central Advisory Council under the Minimum Wage Act held a meeting in New Delhi chaired by Bandaru Dattatreya, Minister of Labor.

The plaque includes members designated by the central government representing employers and employees, industry members and trade unions.

After the meeting, Dattatreya said: “Taking into account all the considerations we have decided to form the committee that will review the fixing of minimum wages.

Entrepreneurs do not oppose it, since it is necessary to have a minimum standard of living today. “The Central Advisory Council, which advises on strategic guidelines on the minimum wage, has not met for about 7 years.

At today’s meeting, we talked about the implementation of the minimum wage application in several States, areas that require refinement and how the calculation of the minimum wage can be simplified, “said Labor Secretary M Sathiyavathy after the meeting.

There are several states that have not even made their respective state advisory councils to fix minimum wages, he said.

Minimum wages vary from state to state, for example, in New Delhi, the state government recently decided to advance the minimum wage for unskilled workers to Rs 13,350 per month versus Rs 9724 months earlier.

By semi-expert and competent, they increased by Rs 10,764 to Rs 14,698 and Rs 11,830 to 16,182 Rs per month, respectively.

The Secretary of Labor said that the Center can advise States on the fixing of minimum wages so that the burden of decision making is the sole responsibility of its advisory councils.

“At the moment, there is no mandatory minimum wage we can give. Some states have set a minimum wage that is lower than what we have suggested.

We can not have a consultation setting from the minimum level to the ground level, but some states even give less than that, “he added.

The formula based on three units to fix minimum wages currently has only four members of a family: husband, wife and two children.

There are no provisions for counting dependent parents, if necessary, or even if there are more than two children. The formula for three units gives the husband a complete unit, a unit of 0.8 units and 0.6 units for each of the two children.

On the basis of the formula of three units, the minimum wage is calculated taking into account the needs calorific value of 2,700 each, some of the weaving requirements of rental housing, education and medical expenses, etc.

“Now the unions say that the three-unit system is not enough to determine the minimum wage because the children continue to stay with the family for longer periods.

Unions say children and women should receive unity, “said Sathiyavathy.

After the Supreme Court’s decision in 2010 that children must be picked up by the children, the other two units must be added and the formula is based on the formulas of six units of three.