China continues to grab Indian territory, builds village on Arunachal Pradesh's disputed area

News Network
November 5, 2021

China has built a large 100-home civilian village inside disputed territory between the Tibet Autonomous Region and India's Arunachal Pradesh, claimed the US Department of Defense in its annual report to Congress on military and security developments involving China.

These and other infrastructure development efforts along the India-China border have been a source of consternation in the Indian government and media, it stated.

The report also specifically points out that China has attempted to blame India for provoking the standoff through India's "increased infrastructure development" near the Line of Actual Control (LAC).

Asserting that its deployments to the LAC were in response to Indian provocation, Beijing has refused to withdraw any forces until India's forces have withdrawn behind its version of the LAC and ceased infrastructure improvements in the area, it stated.

Chinese state-controlled media forcefully asserted China's intent to refuse any territorial concessions demanded by India.

"PRC (People's Republic of China) officials, through official statements and state media, had also sought unsuccessfully to prevent India from deepening its relationship with the US during and subsequent to the standoff, while accusing India of being a mere 'instrument' of US policy in the region," it stated.

The department also asserted that Chinese officials have warned US officials to not interfere with their relationship with India.

Elaborating about India and China border dispute in the last 18 months, it stated that despite the ongoing diplomatic and military dialogues to reduce border tensions, the PRC has continued taking incremental and tactical actions to press its claims at the LAC.

The report stated that tensions with India along the LAC sparked an ongoing standoff between Chinese and Indian troops in mid-May 2020, which lasted through the winter.

The standoff escalated on June 15, 2020, after a skirmish ensued in the Galwan Valley in Ladakh between the Indian Army and PLA troops that resulted in casualties on both sides, including the deaths of 20 Indian soldiers.

In February 2021, the Central Military Commission (CMC) announced posthumous awards for four PLA soldiers, "though the total number of PRC casualties remains unknown".

The current standoff between the two nations resulted in the first deaths in the last 45 years.

Despite agreements to disengage in the spring of 2021, both sides maintain troops along the LAC as Corps Commander-level negotiations progress slowly.

The report stated that differing perceptions of border demarcations along the LAC joined with recent infrastructure construction, led to multiple unarmed clashes, an ongoing standoff, and military buildups on both sides of the border.

It also stated that throughout the standoff, PRC officials sought to downplay the severity of the crisis, emphasising Beijing's intent to preserve border stability and prevent the standoff from harming other areas of its bilateral relationship with India.

The PRC seeks to prevent border tensions from causing India to partner more closely with the US.

As of June 2021, the PRC and India continue to maintain large-scale deployments along the LAC and make preparations to sustain these forces while disengagement negotiations have made limited progress, the report stated.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 21,2024

adani.jpg

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.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 15,2024

amitshah.jpg

Union minister Amit Shah on Friday, November 15, said PM Narendra Modi will amend the Waqf Act despite opposition from leaders like Uddhav Thackeray and Sharad Pawar.

"Modi ji wants to change the Waqf Board law, but Uddhav ji, Sharad Pawar and Supriya Sule are opposing it," Shah said, addressing a rally at Umarkhed in Maharashtra's Yavatmal district.

"Uddhav ji, listen carefully, you all can protest as much as you want, but Modi ji will amend the Waqf Act," he said. Shah said there are two camps in the November 20 Maharashtra assembly polls, one of 'Pandavas' represented by the BJP-led Mahayuti and the other of 'Kauravas' represented by Maha Vikas Aghadi.

"Uddhav Thackeray claims that his Shiv Sena is the real one. Can the real Shiv Sena go against renaming Aurangabad to Sambhajinagar? Can the real Shiv Sena go against renaming Ahmednagar to Ahilyanagar? The real Shiv Sena stands with the BJP," Shah said.

"Rahul Baba used to say that his government would credit money in the accounts of the people instantly. You were unable to fulfil your promises in Himachal, Karnataka, and Telangana," he said.

Shah said the Mahayuti alliance has promised that women will get Rs 2,100 per month under the Ladki Bahin Yojana. "Kashmir is an integral part of India and no power in the world can snatch it away from us," Shah said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 25,2024

chamundeshwari.jpg

Bengaluru: Karnataka Chief Minister Siddaramaiah has instructed the Hindu Religious Endowment Department to submit a proposal for constructing a gold chariot for the presiding deity of the state, Chamundeshwari, official sources said on Monday.

The directive follows a request from Member of Legislative Council (MLC) Dinesh Gooligowda, who highlighted the historical and cultural significance of the Chamundeshwari Temple on Chamundi Hill in Mysuru, which dates back to the 12th century AD.

Gooligowda noted that the existing wooden chariot, donated by devotees from Coimbatore, Tamil Nadu, has deteriorated over time.

“Devotees have expressed their desire to organise a ‘rathotsava’ using a gold chariot for Goddess Chamundeshwari. This proposal has been under consideration for some time, with an estimated cost of Rs 100 crore,” the MLC said.

He emphasised that the government’s financial involvement would not be required, as devotees are willing to contribute towards making the chariot a reality.

Gooligowda proposed a deadline for the 2025 Dasara festival for the completion of the chariot, ensuring it is ready for the grand procession featuring the idol of Chamundeshwari.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.