Jens Hilgers

𝐘𝐞𝐡 𝐂𝐡𝐨𝐝 𝐃𝐨 𝐁𝐡𝐚𝐢, 𝐌𝐞𝐫𝐞 𝐏𝐚𝐬𝐬 𝐓𝐮𝐦𝐡𝐚𝐚𝐫𝐚 ...': 𝐖𝐡𝐞𝐧 𝐬𝐜𝐚𝐦𝐦𝐞𝐫 𝐝𝐫𝐞𝐬𝐬𝐞𝐝 𝐚𝐬 𝐏𝐨𝐥𝐢𝐜𝐞 𝐜𝐚𝐥𝐥𝐬 𝐫𝐞𝐚𝐥 𝐏𝐨𝐥𝐢𝐜𝐞 𝐎𝐟𝐟𝐢𝐜𝐞𝐫 India's foreign exchange reserves declined$6.4 billion to $675.65 billion from $682.13 billion as of November 8, as reported by the Reserve Bank of India (RBI) on Friday. The forex kitty, which reached at record high of $704.885 billion at September's end, have consistently declined over several weeks. According to data released on Friday, the foreign currency assets, which constitute a significant portion of the reserves, reduced by USD 4.467 billion to USD 585.383 billion for the week ended November 8. The foreign currency assets, when expressed in USD terms, reflect the impact of value changes in non-US currencies such as the euro, pound and yen that are part of the foreign exchange reserves. Additionally, the central bank reported that gold reserves declined by USD 1.936 billion, reaching USD 67.814 billion during the week and Special Drawing Rights (SDRs) decreased by USD 60 million to USD 18.159 billion. The data from the apex bank showed that India's reserve position with the IMF reduced by USD 14 million to USD 4.298 billion in the reporting week. However, India is at fourth position globally in foreign exchange reserves, following China, Japan, and Switzerland. The RBI regularly engages in market operations through liquidity management, including dollar sales, to prevent sharp depreciation of the rupee. The central bank maintains vigilant oversight of foreign exchange markets, intervening solely to ensure orderly market conditions by managing excessive exchange rate volatility, without adhering to predetermined targets or bands. https://lnkd.in/gfCMt9SF

Indonesian ambassador says Su-35 fighter jets contract remains in force Indonesian Ambassador to Russia Jose Tavares said that around 30% of weapons in service with his country’s armed forces are Russian-made MAKHACHKALA, May 8/ Indonesia has never terminated a contract to purchase Su-35 fighter jets from Russia and is waiting for the situation to become "more accommodating" to return to its implementation, Indonesian Ambassador to Russia Jose Tavares told TASS. "Indeed, at some point Russia and Indonesia signed this treaty. Indonesia has never terminated it, but it was put on hold to avoid certain potential inconveniences," he said. The ambassador added that Indonesia will return to this question when the situation becomes "more accommodating." In his estimates, around 30% of weapons in service with his country’s armed forces are Russian-made. CNN Indonesia news portal reported in late December 2021 that the Indonesian government abandoned its plans to purchase 11 Russian-made Su-35 multirole fighters due to lack of funds. News about the signing of a $1.1 billion contract with Jakarta for the delivery of 11 Su-35 fighter jets became known in early 2018. In July 2019, former Indonesian Ambassador to Russia Mohamad Wahid Supriyadi said that the delay in the implementation of the contract was due to the complexity of the trade scheme, which involved both government agencies and companies. In March 2020, Bloomberg reported that Indonesian authorities decided to give up on plans to implement the Su-35 contract with Russia due to a lack of funds in the budget caused by the COVID-19 pandemic, and also due to threats from the US to impose sanctions on Indonesia if the contract was implemented. #business #finance #financialservices

#VantageOnFirstpost After Quad & AUKUS, US Forms "The Squad" to Counter Chinese Aggression | Vantage with Palki Sharma Tensions are flaring in the Indo-Pacific as China's provocative actions in the region are raising concerns about regional stability and security. Earlier this week, the Chinese Coast Guards attacked a Philippine vessel using water cannons in the South China Sea. This follows a string of similar incidents this year, raising alarm in Manila. Beijing’s massive military presence in the disputed waters of South China Sea poses a big threat to its neighbouring countries including Japan, Taiwan and Philippines. In a bid to push back against Chinese aggression in the Indo-Pacific region, the US has come up with a new regional alliance nicknamed, the Squad. This new alliance includes four countries - Australia, Japan, the Philippines and the US. The Squad aims to be a united front against Chinese threats in the Indo-Pacific. The plan is two-pronged: firstly, increased joint military drills to improve interoperability among member nations. Secondly, bolstering the Manila’s defences through security assistance and potential upgrades to their military equipment. However, previously formed alliances such as the Quad and AUKUS intended to counter China's regional influence are yet to achieve significant results. Will the new Squad alliance be more effective? Palki Sharma tells you more. --- USA | The Squad | China | Indo-Pacific | Chinese Coast Guards | Philippines | Vessel | South China Sea | AUKUS | Australia | Japan | Taiwan | Firstpost | World News | News Live | Vantage | Palki Sharma | News #usa #squad #china #southchinasea #indopacific #philippines #australia #japan #firstpost #vantageonfirstpost #palkisharma #worldnews

🇮🇳🚨 BREAKING NEWS 🚨🇨🇦 India recalls its High Commissioner and key diplomats from Canada over safety concerns. Tensions rise as India rejects baseless allegations from the Canadian government. Stay tuned for updates. 🌐 . . For any informatio contact: ☎ +14372940510 / +14372214115 ✉ [email protected] 🌐 www.uniconnectpro.com . . #BreakingNews #IndiaCanada #Diplomacy #InternationalRelations #SafetyFirst #UniconnectPro #IndiaDiplomats #CanadaNews #GlobalTensions #DiplomaticRelations #EmbassySafety #Geopolitics #InternationalAffairs #IndiaCanadaRelations #ForeignPolicy #BreakingUpdates #WorldNews #DiplomaticCrisis #Uniconnect #ImmigrationServices #RCIC #UniconnectImmigration

The Canadian government is closely monitoring the social media activities of Indian journalists due to allegations of foreign interference. A report has been submitted to the foreign interference commission, assessing information manipulation linked to Prime Minister Justin Trudeau's comments on the killing of Hardeep Nijjar. This report, prepared by Canada's rapid response mechanism unit, scrutinizes interference from India, China, and Russia, especially in the context of ongoing tensions surrounding Nijjar’s death. The report highlights how pro-India groups have intensified narratives against Canadian officials, painting Trudeau and the High Commissioner to India as terrorists. These narratives emerged in response to assertions of a possible connection between Indian agents and Nijjar's death, as he has been labeled a terrorist by India. Additionally, claims have surfaced that Canada is harboring extremists associated with the Khalistani movement, which has generated considerable online debate. Further documented narratives criticize Canadian diplomats, question Canada's treatment of Khalistan supporters, and suggest Nijjar's association with extremist groups. Notable accusations include claims about Trudeau’s family ties influencing his position on Khalistan and assertions that granting Nijjar citizenship equated to appeasing terrorism. The discourse also targeted NDP leader Jagmeet Singh and implied foreign funding for the Khalistani movement from Pakistan. The report emphasizes a disparity in media reach, noting that Modi-aligned outlets may have a greater influence, thus skewing perceptions of Canada’s actions concerning Nijjar's case. #AsiaRisk #GeopoliticalConflictandDisputes #India Get a full accounting of the security situation in Asia by subscribing to Security Asia. Subscribe now--free of charge--at https://lnkd.in/g7Cs8Gkf https://lnkd.in/gtKvvEcA

Mumbai: The Patra Chawl Scam has taken a new turn with the Enforcement Directorate’s (ED) recent seizure of assets worth ₹73.62 crore linked to Sanjay Raut, a key figure in the Thackeray group. The crackdown is part of the ED’s ongoing investigation into the Patra Chawl Scam, highlighting the agency’s commitment to uncovering the truth behind the financial irregularities. ED’s Vigilance Intensifies in Patra Chawl Scam The ED’s decisive actions have intensified the scrutiny of the Patra Chawl Scam, causing ripples across the political and real estate sectors. With a total of ₹116.27 crore in assets now seized, the Patra Chawl Scam has become a symbol of the ED’s relentless pursuit of justice. Tracing the Money in Patra Chawl Scam Investigations into the Patra Chawl Scam revealed questionable transactions, including a ₹55 lakh transfer from Pravin Raut to Sanjay Raut’s wife, which was later returned. This revelation has brought the Patra Chawl Scam into the spotlight, with the ED probing deeper into the financial dealings. The Intricate Web of the Patra Chawl Scam Pravin Raut’s involvement in the Patra Chawl Scam is just the tip of the iceberg, as his connections with the HDIL and PMC bank scams come to light. The ED’s focus on his role in the Patra Chawl Scam underscores the agency’s efforts to unravel the complex network of corruption. The Broken Promises of Patra Chawl Scam The Patra Chawl Scam also sheds light on the unfulfilled redevelopment promises by Guru Ashish Builder. A decade has passed, yet the residents affected by the Patra Chawl Scam are still waiting for their homes, highlighting the human cost of the scandal. MHADA’s Financial Woes Tied to Patra Chawl Scam The Patra Chawl Scam has had a devastating impact on MHADA, with allegations of fraud amounting to ₹1,034 crores. The directors of Guruashish Company, implicated in the Patra Chawl Scam, are accused of exploiting MHADA’s trust for financial gain.

𝟓𝟎,𝟎𝟎𝟎 𝐑𝐮𝐬𝐬𝐢𝐚𝐧 & 𝐍𝐨𝐫𝐭𝐡 𝐊𝐨𝐫𝐞𝐚𝐧 𝐭𝐫𝐨𝐨𝐩𝐬 𝐦𝐚𝐬𝐬 𝐚𝐡𝐞𝐚𝐝 𝐨𝐟 𝐚𝐭𝐭𝐚𝐜𝐤, 𝐬𝐚𝐲 𝐔𝐒 & 𝐔𝐤𝐫𝐚𝐢𝐧𝐢𝐚𝐧 𝐨𝐟𝐟𝐢𝐜𝐢𝐚𝐥𝐬. The Russian military has assembled a force of 50,000 soldiers, including North Korean troops, as it prepares to begin an assault aimed at reclaiming territory seized by Ukraine in the Kursk region of Russia, according to US and Ukrainian officials. A new US assessment concludes that Russia has massed the force without having to pull soldiers out of Ukraine’s east — its main battlefield priority — allowing Moscow to press on multiple fronts simultaneously. Russian troops have been clawing back some of the territory that Ukraine captured in Kursk this year. They have been attacking Ukrainian positions with missile strikes and artillery fire, but they have not yet begun a major assault there, US officials said. Ukrainian officials say they expect such an attack involving the North Korean troops in the coming days. For now, the North Koreans are training with Russian forces in the far western part of Kursk. https://lnkd.in/dhkBcbaE

A 47-year-old Indian national, Periyasamy Mathiyazhagan, has been sentenced to nine weeks in prison for failing to return SGD 25,000 mistakenly sent to him. The funds were intended for a company loan repayment. Despite knowing the money was not his, he used it to pay off debts and sent some to his family in India. Interestingly, this case highlights the legal complexities surrounding misappropriated funds and the challenges in recovering them. What do you think should happen in such situations? Share your thoughts!

India and China have withdrawn troops from contentious areas in Demchok and Depsang, following an agreement to ease tensions along the Line of Actual Control (LAC). Both countries have returned to troop positions from before April 2020, dismantling previous temporary structures. Verification of this withdrawal is set to occur in the coming days, allowing for the resumption of coordinated patrolling. Both armies will maintain dialogue, with a traditional sweets exchange expected during Diwali. The Indian Army plans to resume patrols in Demchok and Depsang by month-end, giving advance notice to the People's Liberation Army (PLA) to prevent conflicts. The agreement also requires the PLA to inform India of their patrols ahead of time. The disengagement process began around October 24, with both sides withdrawing from key friction points and disassembling temporary installations. The Indian Army is repositioning westward, while Chinese forces move east. This agreement grants access to previously restricted patrol areas, including the Depsang plains and Galwan Valley, though timelines for patrols remain unclear due to seasonal weather considerations. #AsiaRisk #GeopoliticalConflictandDisputes #India Get a full accounting of the security situation in Asia by subscribing to Security Asia. Subscribe now--free of charge--at https://lnkd.in/g7Cs8Gkf https://lnkd.in/gMc292GV

Gold smuggling, phone tapping, solar scam cover-ups, a murder linked to gold smuggling, and allegations against the Chief Minister's political secretary—these are the troubling headlines Malayalis have been waking up to in recent days. It's particularly alarming that a ruling party MLA has come forward with serious accusations against the police department and high-ranking officials. This issue goes beyond mere political interests; it raises a significant concern for public safety and governance. When those tasked with safeguarding lives and upholding law and order become allies of criminal gangs, how can anyone feel safe? Is this unholy nexus between politics and crime turning the state into "God's Own Country" for criminals? Like past scandals, this one might fade with a token investigation. However, the deeply rooted corruption in the state's home department needs more than surface-level fixes. Real change can only come through the power of the people's vote. . . #Kerala #PoliticalCorruption #GovernanceCrisis #CrimeAndPolitics #JusticeForAll