India a responsible nuclear state, believes in 'no first use': MJ Akbar

Agencies
January 24, 2018

Davos, Jan 24: Union minister M J Akbar today asserted that India is a responsible nuclear state and believes in 'no first use' of such weapons, even as he questioned why no action is being taken at the global level against proliferation.

Speaking at a session on nuclear threats to international security here at the World Economic Forum (WEF), he said many countries see nuclear weapons as the ultimate deterrence and see "missiles as a message".

The minister of state for external affairs said just a few days ago India joined the Australia Group and is party to other such pacts.

"The world recognises that India is a very responsible nuclear state. Also, we are like that not because someone asked us to do so, but because we want to be like that," Akbar said.

He said India's approach is clear -- it wants a nuclear regime that is non discriminatory.

"We have got support from so many countries on our approach and we hope that the world will work together on reducing if not eliminating the nuclear threats," he said while adding that he is hopeful as everyone takes the threat of destruction seriously.

Asked about both India and Pakistan having nuclear weapons, he said, "We can only speak from our position. I can't speak on behalf of another country and we have these weapons as form of a deterrence and we believe in no first use."

"We would want to get an agreement at global level on 'no first use'. If ideals can't be achieved at least we can work towards good. It's easy to hear the noise but a little less easy to hear the silence," he said.

Akbar said India is very proud that its objective is peace. We want peace but peace not necessarily comes from pacifism, he added.

Akbar said people have gotten away with proliferation and strong actions are needed against that.

Speaking in the same session, Beatrice Fihn of the International Campaign to Abolish Nuclear Weapons said the only solution is to abolish and eliminate nuclear weapons and it makes no sense for responsible countries to have such weapons that always present a major risk.

She said these weapons create, rather than resolve, crises.

Akbar, however, said demands of security cannot be simply wished away and wondered why is it that no country is taking unilateral decision against nuclear weapons.

"We are in Europe which has nuclear states and why don't they lead the way? Can they seek public opinion on disarmament? At our level, we work very strongly through multilateral framework which is the only way forward.

"We urge other nations to take steps and we hope this diligence with which we work towards a safer world will yield result," he said.

Akbar asserted that we need to question why no steps are being taken against proliferation.

The panel discussed the increasing number of nuclear states and threat of "first use" of nuclear weapons as dual global risks on the rise.

The panel members discussed what political, diplomatic and military options can mitigate or manage such existential threats.

They also sought to understand why nuclear threats are back on the table.

Other areas of discussion included re-evaluating the risk/reward balance in nuclear deterrence and how to keep the human factor in focus.

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News Network
November 25,2024

Udupi: Six junior artists from the prequel of Kannada blockbuster film ‘Kantara’ were injured, when the bus they were travelling in overturned in the district, police said on Monday.

According to police, the accident occurred near Jadkal on Sunday night when the mini-bus carrying the crew of the film overturned.

“The incident happened while they were returning to Kollur after completing the shoot at Mudoor in Jadkal. The mini-bus was carrying 20 junior artistes when it met with the accident,” a police officer said.

The injured were rushed to hospitals in Jadkal and Kundapur for treatment, they said.

The Kollur police are investigating the matter.

"The news making rounds is completely false. The Kantara: Chapter 1 team began shooting at 06:00 AM today, and everything is proceeding as normal. A minor accident occurred 20 kilometres away from the shooting location, involving a local bus carrying some members of the Kantara team. However, no injuries were reported," a source close to the production said.

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News Network
November 21,2024

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Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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News Network
November 21,2024

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Prominent NRI community leader SM Syed Khalilur Rehman, fondly known as CA Khalil, passed away in Dubai on Thursday at the age of 86 after a brief illness.

Khalil had been admitted to Aster Hospital in Mankhool on Tuesday after experiencing severe leg weakness. Despite the best efforts of the medical team, he succumbed to a double heart attack that worsened his condition, his son Rais Ahmed confirmed.

The news of his passing has sent waves of grief across communities, particularly in his hometown of Bhatkal, Karnataka, where he was a celebrated figure. Tributes have been pouring in on social media, highlighting his significant contributions to international trade, social service, and education.

A Legacy of Leadership and Service

A chartered accountant by profession, Khalil was a founding member of the Dubai chapter of the Institute of Chartered Accountants of India (ICAI), where he served as chairman from 1987 to 1994. His illustrious career included key leadership roles, such as general manager of Khaleej Times, group executive director of the Ilyas and Mustafa Galadari Group, and vice-chairman of the Jashanmal Group of Companies.

He also chaired Maadhyama Communications and Sahil Online, a web-based news platform, and was a director and trustee of several media companies and charitable organisations in Dubai and India.

A Champion for Education and Philanthropy

Khalil’s impact extended far beyond his professional achievements. As president and general secretary of Anjuman Hami-e-Muslimeen, he played a pivotal role in the development of educational institutions, including schools and colleges in Bhatkal and surrounding areas. His dedication to social upliftment earned him recognition from the Government of Karnataka, which honoured him with a prestigious award for his philanthropic contributions.

A Life Celebrated

The Bhatkal Muslim Khaleej Council (BMKC) recently released a documentary celebrating Khalil’s remarkable life and service to the community—a testament to his enduring legacy.

CA Khalil is survived by his family and countless admirers across the globe. His passing marks the end of an era for Indian expatriates in the UAE and beyond, leaving behind a legacy of leadership, generosity, and commitment to community service.

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