"Not Bothered Even If You Die": Supreme Court To SpiceJet Chief Over Dues

The Supreme Court has come down hard on SpiceJet Chairman and Managing Director Ajay Singh, warning him he will be sent to Tihar jail for non-compliance with its order on making payment to global investment bank and financial services firm Credit Suisse AG.

The top court asked Mr Singh to pay $ 5,00,000 towards an instalment to the Swiss firm along with USD 1 million defaulted amount.

"We have to move to the next drastic step. We are not worried even if you shut down," a bench of Justices Vikram Nath and Ahsanuddin Amanullah observed.

Irked over the "dilly-dally business", the bench told Mr Singh he will have to abide by the consent terms and warned, "We are not bothered even if you die. It is too much. We will send you to Tihar jail, if you do not pay." The court's fulmination came on Monday when it asked Mr Singh and the company secretary of SpecieJet to be present during the hearings and make the payment. It posted the matter for further hearing on September 22.

According to the Swiss firm, SpiceJet had availed the services of SR Technics, Switzerland, for maintenance, repair, and overhaul of aircraft engines, modules, components, assemblies, and parts, which were mandatory for its operations. An agreement for such services was entered into between SpiceJet and SR Technics on November 24, 2011 for 10 years. The terms of payments were also agreed upon.

SR Technics had given Credit Suisse the right to receive payments from SpiceJet for the services.

The Supreme Court had on July 25 given additional time to SpiceJet to make the payment to Credit Suisse as per the consent terms agreed upon by the two parties.

The top court was hearing a plea by the Swiss firm seeking initiation of contempt proceedings against Singh and SpiceJet over "a wilful and intentional disobedience" of court orders and failure to pay dues as per a settlement between the two sides.

On August 14, the bench while issuing contempt notices to Singh and SpiceJet had noted the submission of the Swiss firm that the court had granted indulgence and withdrawn the airline from liquidation only in view of the consent terms dated May 23, 2022 by which USD 500,000 was to be paid every month by the low cost carrier to the company from July 15, 2020.

"It was submitted that, though as of now more than 6.5 million US dollars has to be deposited, but only a little over 2 million US dollars has been deposited," the bench had noted the submission of counsel appearing for Credit Suisse in its August 14 order.

SpiceJet and Credit Suisse had told the Supreme Court on August 18, 2022 about the resolution of their financial dispute which led to the withdrawal of an appeal by the low-cost airline against a Madras High Court order for its winding up due to alleged non-payment of dues to the Swiss firm.

"There is a settlement which has taken place on May 23, 2022, as per the consent terms. In view of it, both the parties are satisfied with the settlement and want to withdraw the SLP (special leave petition) filed by the petitioner.

"Accordingly, the application is allowed," the top court had said in its order.

The court had directed the parties to abide by the consent terms.

On the appeal of SpiceJet, the top court had on January 28, 2022 stayed the publication of the winding up notice and the order directing the official liquidator attached to the Madras High Court to take over the assets of the low-cost airline.

It had also asked SpiceJet to resolve the financial dispute with the Swiss firm.

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"Life Won't Be Same...": Morocco Earthquake Survivors Recall Unbearable Pain, Loss

After cheating death himself and escaping the rubble, Abdellah Aeet Bihi found his youngest son, aged four, alive but trapped after Morocco's earthquake.

The boy was still able to talk from under the rubble of their collapsed house.

"But I couldn't get to him," Bihi, 39, recalled in their village of Talat Nyacoub, destroyed by the Friday night quake.

On Monday the body of his son was finally freed, Bihi said, breaking into sobs.

The little one had died near his elder brother, aged 12.

"I saw the elder one, lifeless. I quickly realised that stones had landed on the top of his body."

Bihi, 39, said he had been hoping for a peaceful sleep "when the roof fell on top of us".

An amputee, Bihi uses a prosthesis on his left arm but lost it during the chaos.

Somehow, with help from neighbours, "I was able to extract my 10-year-old daughter and my wife" from the debris.

His eldest child, 14, also got out. "I don't know how," he recalled.

Along with his two boys, Bihi's parents also died in the quake which killed around 2,900 people.

"My tears don't dry. I want them to stop but the pain is stronger than anything," he said. His wife looked at him with silent sadness and wept.

What remains of the family has taken refuge at the entrance to their remote village in the Atlas mountains near the quake epicentre, south of Marrakesh.

Forever changed

Under olive trees, they share a rug with the family of Latifa Aeet Bizli.

The roof of her house also collapsed in the earthquake, but Bizli was able to save her youngsters, aged three, seven and 10, as well as her parents-in-law.

"Luckily we were upstairs. I got hold of my children and was able to get them out through a hole," recalled Bizli, whose husband was in another village at the time, and also survived.

"I went back while the earth was still shaking to get my parents-in-law out."

With the family safely outside, she took in the extent of the shocking devastation around her. All the homes were destroyed, including her sister's.

"She died with her husband and her two children. I couldn't do anything for her and am eaten up by remorse because of it. I still can't accept that they are no longer here," said Bizli, 30.

"Life will never be the same for us," she said, grateful that aid had arrived to help them survive in what was already a deprived village.

In a spirit of solidarity after the quake, many ordinary Moroccans have stepped in to deliver medicine, food, quilts and mattresses to stricken villages, as some people complained authorities were slow to act.

Another resident of Talat Nyacoub, Rachida Aeet Malek, feels lucky to be alive after spending six hours in the rubble of her home.

When the quake struck she was upstairs along with her two children, mother and two sisters -- one of them pregnant.

Only her nephew was downstairs, said Malek, who is in her 20s.

"Three of our neighbours got us out from under the debris," she said.

Malek was the last to be freed, she said, lying under a tree with her children.

Her sisters were hospitalised but she is unhurt, physically.

"I am still in shock. I can't describe the pain inside me since this drama. We came back from the edge of death."

Her nephew didn't.

Despite efforts to free his body, it remains trapped under the debris.

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भूल जाइए अफरीदी को, एशिया कप के नए बादशाह बने 'हिटमैन'

भारतीय कप्तान रोहित शर्मा एशिया कप में सर्वाधिक छक्के लगाने वाले पहले बल्लेबाज बन गए हैं. उनसे पहले यह खास रिकॉर्ड पूर्व पाकिस्तानी कप्तान शाहिद अफरीदी के नाम दर्ज था.

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अब बनेगा प्रेम के सपनों घर...Dream 11 पर जीते 45 लाख रुपए, दूसरे स्थान पर रहे

कोडरमा जिले के ग्रामीण इलाके जयनगर प्रखंड के कंद्रापडीह निवासी सोबरन साव के पुत्र प्रेम साव ने Dream 11 ऐप पर बांग्लादेश बनाम श्रीलंका के मैच में उन्होंने ₹49 प्रति टीम के लिए Dream11 के द्वारा प्रत्येक टीम पर ₹10 डिस्काउंट देने के बाद कुल 195 रुपए लगाया था.

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Video: हार्दिक पंड्या की आग उगलती गेंद से पाकिस्तान तबाह! बाबर आजम का बोलती बंद, हवा में उड़ी गिल्लियां

पाकिस्तान के खिलाफ जसप्रीत बुमराह ने शुरुआती सफलता हासिल करते हुए इमाम उल हक को शुभमन गिल के हाथों स्लिप में कैच करवाया. इसके बाद जो हुआ वो लंबे वक्त तक याद रखा जाएगा. टीम इंडिया के ऑलराउंडर हार्दिक पंड्या को कप्तान रोहित शर्मा ने गेंद थमाई और उन्होंने आते ही वो कर दिया जिसने पाकिस्तान के खेमे को शांत कर दिया.

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'कोहली के तरकश में यह भी शॉट', विराट ने बल्ले का बस मुंह भर खोला, गेंद बाउंड्री लाइन के बाहर

पाकिस्तान के खिलाफ विराट कोहली ने कई दर्शनीय शॉट लगाए. मैच के दौरान 50वें ओवर में फहीम अशरफ के खिलाफ उनका लगाया शॉट अब चर्चा का विषय बन गया है.

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Assam "Exhausted" Power Resources: Chief Minister Amid Record Demand

Assam Chief Minister Himanta Biswa Sarma today said the state has nearly exhausted its power generation capacity from own sources with the huge spike in demand for electricity this year. The government, he said, is looking at options for meeting the extra power requirement and the situation has improved.

Replying to an adjournment motion on the power scenario on the first day of the autumn session of the state assembly, Mr Sarma said the state has witnessed a sudden increase in demand for electricity during peak hours.
 
"The peak hour demand was about 1,600 MW in 2018-19, it was at 1,800 MW in the next two years and reached 1,970 MW in 2022-23," he said.

"This is the first time the demand touched 2,500 MW. Even I do not know what happened, it is unprecedented. The state is anticipating the peak hour demand to reach 3,000 MW next year and 4,000 MW by the time his government's term ends in 2026,"  he added.

The Opposition has attacked the government over the issue.

Earlier, moving the adjournment motion, Congress MLA Bharat Chandra Narah said the government should procure power from an open source to meet the demand.

The government has money for various schemes, including crores for a plantation drive. It can use some of the money to ensure that the people get electricity during such hot conditions, he further alleged.

"In Assam, the peak hour production is 250 MW and our peak our demand is 2,500 MW, so in the adjournment motion, we pushed the government for increasing our own power production," said Independent MLA Akhil Gogoi.

The Chief Minister said  while the government is analysing the reasons for the sudden spike, "People's prosperity has contributed to it, along with increased business activities".
As more industries are preparing to open factories in the state, the demand will further increase and the government is preparing to meet it, he added.

 The opposition Congress has also attacked the BJP.

"In 2014, the BJP had promised 24-hour power. Now in Assam in 24 hours, there are 24 times power cut and if you don't have money to purchase power, why are you spending over 4,000 crore on smart meters," said state  Congress chief Bhupen Borah.

The Chief Minister, however, clarified the issue in the in the adjournment motion.

"We have no more power generation capacity on our own unless we go for a coal-based plant in Margherita. But that is entangled in environmental issues and we have to look to protect our biodiversity as well," he said.

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India-Saudi Start Discussions On Trading In National Currencies: Centre

Ministry of External Affairs (MEA) Secretary (CPV & OIA), Ausaf Sayeed informed that India and Saudi have begun discussions on trading between both countries in national currencies and added that for this the proposals and consultations have been exchanged on Monday.

"The two sides have started discussing this. It is only at a discussion stage, that proposals and concept notes have been exchanged. The Saudi side is aware that we have worked out similar arrangements with other countries in the region. So, the discussions will be beginning or have already begun," Secretary Sayeed said.

In recent times, India has taken substantial steps to promote the usage of its national currency, the Indian rupee, in international transactions. Collaborating with banks from 22 different countries, India has established special rupee vostro accounts in domestic banks, facilitating trading in national currencies.

As India continues to expand its footprint in the global trade arena, the adoption of the LCS system with the UAE sets a precedent for innovative trade practices that can reshape the course of international commerce.

Banks from 18 countries have been permitted by the Reserve Bank of India (RBI) to open Special Vostro Rupee Accounts (SVRAs) for settling payments in Indian rupees, the government told the Rajya Sabha.

In response to a question from BJP's Sushil Kumar Modi, Union Minister of State for Finance Bhagwat Karad said SVRAs could be set up by banks of partner countries by approaching Authorised Dealer (AD) banks in India that may get permission from the RBI after the due procedure.

Earlier after the BRICS summit in Johannesburg, Foreign Secretary Vinay Kwatra said that discussions on trade settlements in national currency have been very positive within the BRICS framework.

India has recently started taking strong steps in trying to put structures in place before trade settlements in national currencies.

Secretary Kwatra also spoke on the India-Dirham rupee trade settlement mechanism with the United Arab Emirates.

"Most recently, a couple of months ago, we signed the India-Dirham rupee trade settlement mechanism with UAE. Now, India's trade with UAE is roughly 90 billion dollars, more or less balanced. It opens up a good opportunity for both India and the UAE to explore that space," he said.

Earlier, the President of the UAE and PM Modi on July 15 witnessed the exchange of MoUs between the Reserve Bank of India and UAE Central Bank for the establishment of a framework to promote the use of local currencies (INR-AED) for cross-border transactions and another one for the bilateral cooperation on interlinking their payment and messaging systems.

The signing of the Local currency settlement (LCS) agreement took place during the recent visit of Prime Minister Narendra Modi to the UAE.

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UK Woman, 70, Wins Lottery, To Receive Rs 10 Lakh Per Month For 30 Years

A 70-year-old woman from Dorking, England has won a lottery of 10,000 pounds (approximately Rs 10.37 lakh) for the next 30 years. Doris Stanbridge will receive this amount every month for the coming years. Ms Stanbridge has said that this win has inspired her to live to the age of 100.

Mrs Stanbridge celebrated her 70th birthday by purchasing a lottery ticket for thousands of pounds. Sharing about her winning journey, Mrs Stanbridge said that she was at home with her 3 daughters. She spotted some money spiders in her home and garden and used the creepy crawlies sighting as a prompt to buy a Set For Life ticket via the App.

Mrs Stanbridge received an email from the National Lottery over the weekend. She logged on to the app and thought that she had won 10 pounds. The email read, "Congratulations, you've won 10,000 pounds a month for 30 years."

Mrs Stanbridge couldn't believe her luck, so she rushed to her son-in-law's to get a second opinion, Doris opened a bottle of her birthday Champagne to celebrate her incredible win. The following morning, she received the official confirmation from The National Lottery.

Mrs Stanbridge told National Lottery, "It still seems a bit strange when I think about the win and that I will get that money every month for 30 years. It gives me a reason to be around until I am 100!"

Mrs Stanbridge and her husband Keith have treated themselves to a new bed and an air fryer and enjoyed a wonderful holiday in Cornwall with their extended family.

The happy couple also plan to revamp their house, their home of 50 years, and can't wait to treat their family to an abroad holiday. Mrs Stanbridge said, "It will be my grandson's first trip on an aeroplane. I have been looking at a villa in the country with a pool, and sunshine all the time!"

Mrs Stanbridge won in The National Lottery's Set For Life draw on Thursday 3rd August after matching all the winning numbers that night: 2, 11, 17, 30, 38 and Life Ball 3, the National Lottery release said.

 

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G20 Delhi Declaration Sent A "Positive Signal": China In First Comments

China finally broke its silence on the New Delhi G20 summit saying that the Declaration adopted by the member nations has sent a “positive signal” that the influential grouping is “working together” to tackle global challenges and promote world economic recovery.

India on Saturday pulled off a big diplomatic win after the G20 summit held under its presidency adopted a consensus declaration overcoming major differences on the Russia-Ukraine war, as Prime Minister Narendra Modi called for ending the "global trust deficit".

In its first comment on the outcome of the two-day summit, which concluded Sunday, the Chinese foreign ministry spoke highly of its outcome.

“The summit adopted a leaders' declaration, which reflects China's proposition and states that the G20 would act in concrete ways through partnerships, sending a positive signal of the G20 working together to tackle global challenges and promote world economic recovery and global development,” Chinese Foreign Ministry spokesperson Mao Ning said.

Asked for her comment on the summit outcome, Mao said, “In the process of preparing for this New Delhi summit, China played a constructive role and always supported the summit in attaching importance to the concerns of developing countries and reaching fruitful outcomes in support of common development.” Chinese Premier Li Qiang attended the summit, deputising for President Xi Jinping.

Asked whether China supports the absence of direct criticism of Russia in the G20 statement and whether softer language would help end the conflict in Ukraine, Mao said China's stance on the Ukraine issue is consistent and clear.

“The G20 leaders' declaration is the result of consensus reached through consultation and reflects the common understanding of all members. The New Delhi Summit reaffirms that the G20 is the premier forum for international economic cooperation, not a platform to resolve geopolitical and security issues.

“We always believe that the key to the final resolution of the Ukraine crisis lies in discarding the Cold War mentality, attaching importance to and respecting all sides' legitimate security concerns, and seeking a political solution through dialogue and negotiation,” she said.

The spokesperson said China will remain committed to promoting peace talks and working together with the international community for the political settlement of the Ukraine crisis.

Mao said China has always attached importance to and actively supported the work of the G20 and believes that it's important for the grouping to stand in solidarity and cooperate to address various risks and challenges in the world economy and development.

“During his attendance at the G20 Summit in New Delhi, Premier Li Qiang elaborated on China's views and propositions on G20 cooperation, calling on all parties to stick to the original aspiration of solidarity and cooperation, live up to the responsibility for peace and development as required by our times, and be partners in promoting the world economic recovery, open cooperation and global sustainable development,” she said.

The G20 member countries represent around 85 per cent of the global GDP, over 75 per cent of the global trade, and about two-thirds of the world population.

The grouping comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US and the European Union. On Saturday, the African Union was admitted as G20's permanent member.

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'चॉकलेट तो वापस दे दो...' धोनी ने ऑटोग्राफ ले रहे शख्स से कहा कुछ ऐसा, VIDEO देखकर छूट जाएगी आपकी हंसी

दिग्गज क्रिकेटर एमएस धोनी की सादगी ने सात समंदर पार लोगों का दिल जीत लिया. माही इस समय अमेरिका में हैं. उन्हें फैंस ने ऑटोग्राफ के लिए घेर लिया. हालांकि भारतीय टीम के पूर्व कप्तान ने इस दौरान अपने फैंस को निराश नहीं किया.

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कोहली के 77वां शतक ठोकते ही अनुष्का शर्मा ने बरसाया प्यार, 'दिल' वाली तस्वीर आपने देखी क्या?

India vs Pakistan Anushaka Sharma on Virat Kohli: दिग्गज क्रिकेटर विराट कोहली ने कोलंबो में लगातार चौथा शतक ठोका. कोहली ने इस दौरान कई रिकॉर्ड तोड़े. कोहली के वनडे करियर के 47वें और इंटरेशनल करियर के 77वें शतक पर अनुष्का शर्मा ने रिएक्ट किया है.

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Watch: Prince Harry Loses Penalty Shootout To German Politician On TV

Prince Harry lost a penalty shootout with defence minister Boris Pistorius on German TV without scoring a goal on Saturday. 

The Duke of Sussex, in Duesseldorf to open the Invictus Games, took on Pistorius and two athletes in the shootout on German late-night television.

Harry failed to convert any of his six shots against a modified goal, which included two openings for players to score in the absence of a goalkeeper. 

Prince Harry, Federal Defense Minister Boris Pistorius, Angelo Anderson and Jens Niemeyer face the challenge at the Sportstudio goal wall. pic.twitter.com/d4xQnIRbwE

— Worthy Clicky (@clicky_worthy) September 9, 2023

Pistorius, a previous minister for sport in the German state of Lower Saxony, converted two of his six attempts. 

Having promised to wear a Germany shirt if he lost the shootout, Harry donned a scarf of Bundesliga side Mainz when a Nationalmannschaft kit could not be found. 

The Duke put the scarf on and smiled as the crowd cheered. Mainz is the former club of current Liverpool manager Jurgen Klopp. 

The show took place after Germany's shock 4-1 loss to Japan and Harry joked with the victorious Pistorius "you could manage the national team".

The defence minister quipped back "I have enough troubles."

Prince Harry, who served in the military in Afghanistan, founded the Invictus Games in 2014 for wounded, injured and sick service members. 

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VIDEO: कोलंबो में बारिश के बीच ये 2 हसीनाएं अपनी एंकरिंग से लगा रही हैं हॉटनेस का तड़का, क्या आपने देखा?

भारत की स्पोर्ट्स जर्नलिस्ट् मयंती लैंगर और पाकिस्तान की टीवी रिप्रेजेंटेटर जैनब अब्बास अपनी एंकरिंग से कोलंबो में छाई हुई हैं. जैनब अब्बास ने कोलंबो से एक वीडियो साझा किया है. इस वीडियो में वह पाकिस्तानी और भारतीय पूर्व क्रिकेटरों के साथ मैदान में नजर आ रही हैं. यही नहीं उनके साथ मयंती लैंगर को भी देखा जा सकता है.

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States Must Uphold Territorial Integrity, Says Delhi G20 Declaration

Asserting that "today's era must not be of war", the New Delhi Declaration of G20 countries on Saturday called on all states to uphold the principles of international law including territorial integrity and sovereignty and said the peaceful resolution of conflicts as well as diplomacy and dialogue are critical.

"Concerning the war in Ukraine, while recalling the discussion in Bali, we reiterated our national positions and resolutions adopted at the UN Security Council and the UN General Assembly and underscored that all states must act in a manner consistent with the Purposes and Principles of the UN Charter in its entirety," it said.

The declaration, the adoption of which was announced by Prime Minister Narendra Modi at the start of the second session of the G20 Leaders' Summit under India's Presidency, said that in line with the UN Charter, all states must refrain from the threat or use of force to seek territorial acquisition against the territorial integrity and sovereignty or political independence of any state.

"The use or threat of use of nuclear weapons is inadmissible," it added.

Reaffirming that the G20 is the premier forum for international economic cooperation, and recognising that while the G20 is not the platform to resolve geopolitical and security issues, the G20 leaders acknowledged that these issues can have significant consequences for the global economy.

"We highlighted the human suffering and negative added impacts of the war in Ukraine with regard to global food and energy security, supply chains, macro-financial stability, inflation and growth, which has complicated the policy environment for countries, especially developing and least developed countries which are still recovering from the COVID-19 pandemic and the economic disruption which has derailed progress towards the SDGs." "There were different views and assessments of the situation," it noted.

The declaration further said,"We appreciate the efforts of Turkiye and UN-brokered Istanbul Agreements consisting of the Memorandum of Understanding between the Russian Federation and the Secretariat of the United Nations on Promoting Russian Food Products and Fertilizers to the World Markets and the Initiative on the Safe Transportation of Grain and Foodstuffs from Ukrainian Ports (Black Sea Initiative)." It called for their full, timely and effective implementation to ensure the immediate and unimpeded deliveries of grain, foodstuffs, and fertilizers/inputs from the Russian Federation and Ukraine.

"This is necessary to meet the demand in developing and least developed countries, particularly those in Africa," it added.

Emphasising the importance of sustaining food and energy security, the G20 leaders called for the "cessation of military destruction or other attacks on relevant infrastructure".

"We call on all states to uphold the principles of international law including territorial integrity and sovereignty, international humanitarian law, and the multilateral system that safeguards peace and stability.

"The peaceful resolution of conflicts and efforts to address crises as well as diplomacy and dialogue are critical.

"We will unite in our endeavour to address the adverse impact of the war on the global economy and welcome all relevant and constructive initiatives that support a comprehensive, just, and durable peace in Ukraine that will uphold all the Purposes and Principles of the UN Charter for the promotion of peaceful, friendly, and good neighbourly relations among nations in the spirit of 'One Earth, One Family, One Future'," it added.

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