Twelve Turkish soldiers killed by gas exposure during cave search in Iraq
In a statement, the ministry said the incident took place on Sunday during a mission to locate the remains of a Turkish soldier killed during a military operation against the outlawed Kurdistan Workers Party (PKK).
Other soldiers also exposed to the gas in the cave have been taken to the hospital for treatment, the ministry said.
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Business Standard
2 hours ago
- Business Standard
Jane Street to challenge Sebi's market manipulation charges, email shows
Jane Street's email sent to its employees said it was "beyond disappointed" by the regulator's "extremely inflammatory" accusations and was working on a formal response Reuters Jane Street plans to contest a finding by India's financial regulator that the U.S. trading firm engaged to manipulate the country's markets, according to the company's internal email seen by Reuters. Jane Street's email sent to its employees said it was "beyond disappointed" by the regulator's "extremely inflammatory" accusations and was working on a formal response. On Friday, the Securities and Exchange Board of India barred the firm from buying and selling securities in the Indian market and also seized $567 million of its funds. Sebi has widened an investigation into alleged market manipulation by Jane Street to include other indexes and exchanges, a source told Reuters last week. "It's deeply upsetting to see the firm mischaracterised this way," the Jane Street email read. "Once again, we left this process feeling that we had reached an understanding of the concerns and reflected them in modifications to our trading behaviour." "Since February, we have made ongoing efforts to communicate with Sebi and have been consistently rebuffed." The regulator alleged that Jane Street bought large quantities of constituents in India's Bank Nifty index in the cash and futures markets to artificially support the index in morning trade, while simultaneously building large short positions in index options. The regulator's investigation tracked Jane Street's trading patterns over more than two years. Sebi did not immediately respond to Reuters requests for comment outside regular hours. India's markets regulator is enhancing its surveillance to scrutinize manipulation in derivatives trading, its chairman said on Monday. India is the world's largest derivatives market, accounting for nearly 60% of global equity derivative trading volumes of 7.3 billion trades in April, the Futures Industry Association says. Financial Times was the first to report the news about Jane Street's plan to contest the finding. (Reporting by Urvi Dugar and Chandni Shah in Bengaluru ; Editing by Maju Samuel and Shailesh Kuber) (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
India Today
8 hours ago
- India Today
Sacked Russian transport minister found dead in his car with gunshot wound
Former Russian transport minister Roman Starovoit, 53, was found dead, just hours after President Vladimir Putin dismissed him from his role. Starovoit was found with a gunshot wound near his Tesla car in Moscow on Russian Investigative Committee confirmed that Starovoit's body was found outside the vehicle, reportedly in bushes near a local park close to his home. A pistol registered to him was also found at the scene. "We are currently working to determine the exact circumstances of Starovoit's death," the committee said in an official the same day, a presidential decree announced Starovoit's removal from office without any explanation. According to reports, the sudden dismissal might be linked to an ongoing investigation into corruption related to his previous role as governor of the Kursk ALLEGATIONS SURFACE Roman Starovoit served as the governor of Russia's Kursk region for nearly five years before becoming transport minister in May 2024. During his time as governor, large sums of money -- around 19.4 billion roubles ($246 million) -- were allocated in 2022 for building stronger defences along the border with case gained momentum earlier this year when Starovoit's successor and former deputy, Alexei Smirnov, was arrested and charged with embezzling defence funds. Russian media reports on Monday suggested that Smirnov had told investigators that Starovoit was also involved in the fraud. However, Smirnov's lawyer declined to comment, and no charges were officially confirmed against Starovoit.A source in the transport industry, speaking anonymously with the news agency Reuters, said Starovoit's position had been under review for months due to the same corruption concerns. "His name kept coming up, especially after the Kursk border attack. Many started questioning how that kind of vulnerability happened despite heavy funding," the source who was divorced and had two daughters, faced pressure following the Ukrainian army's cross-border attack on Kursk three months after he became minister. It was the largest foreign incursion into Russian territory since World War MINISTER TAKES CHARGE AMID CRISISFollowing Starovoit's dismissal and death, the Kremlin announced that Andrei Nikitin, former governor of the Novgorod region, has been named acting transport minister. Photos of Nikitin shaking hands with President Putin at the Kremlin were shared by state media shortly after the asked about the decision, Kremlin spokesperson Dmitry Peskov said, "President Putin believes Nikitin has the right skills and experience to lead the ministry."At the meeting, Nikitin outlined his plans to modernize Russia's transport system by focusing on digitization to improve cargo flow and cross-border trade efficiency. The transport ministry has not issued any comment on the matter so ministry faces major hurdles as the war in Ukraine continues into its fourth year. Russia's aviation sector is suffering from a lack of spare parts, and Russian Railways is burdened with rising costs due to high interest rates. Ukrainian drone attacks have repeatedly disrupted operations at several Russian airports.- EndsWith inputs from Reuters
Indian Express
8 hours ago
- Indian Express
Eleven dead and dozens injured in Kenya anti-government protests
Kenyan police fired to disperse demonstrators in Nairobi marking the 35th anniversary of pro-democracy rallies on Monday, and police said 11 people were killed nationwide in the latest anti-government protests to end in bloodshed. The death of blogger Albert Ojwang in police custody last month has given the protests fresh impetus, fuelling anger against the authorities and bringing hundreds onto the streets. A Reuters reporter saw police fire at advancing protesters in the Nairobi suburb of Kangemi, with one man later lying motionless on the road with a bleeding wound. The suburb's Eagle Nursing Home said six people had been admitted with injuries, and that two had died from gunshot wounds. A source at Kenyatta National Hospital said it was treating 24 injured people, but did not elaborate on their injuries. Kenya's police said 11 people had died, while 52 officers had been injured. It did not say who was responsible for the killings. 'Preliminary reports indicate fatalities, injuries, damage to motor vehicles, and several incidents of looting,' police said in a statement. Law enforcers have been deploying heavily in Nairobi since youth-led protests in June 2024 that initially focused on tax hikes but expanded to cover issues such as corruption, police brutality and unexplained disappearances of government critics. Police used tear gas and water cannons on Monday to disperse hundreds of demonstrators advancing along a road connecting Kangemi to downtown Nairobi. Hours later, protesters and police scuffled, and a Reuters reporter saw police opening fire as the crowd charged at them. The government-funded Kenya National Commission on Human Rights (KNCHR) said it saw 'numerous hooded officers, not in uniform, travelling in unmarked vehicles'. A court order requires police to be easily identifiable following allegations that plain clothes police fired live rounds at demonstrators last year. KNCHR also said criminal gangs wielding whips and machetes appeared to be operating alongside police in Nairobi and the Rift Valley town of Eldoret. Local media said there had been demonstrations in the towns of Nyeri, Embu and the lakeside city of Nakuru, where half a dozen police on horseback dispersed stone-throwing protesters. Police had blocked major roads leading into Nairobi and restricted traffic within the city, leaving streets deserted but for the demonstrators, who arrived on foot. Most schools and at least one shopping mall were shut in anticipation of trouble. Interior Minister Kipchumba Murkomen, who last month described the protests as 'terrorism disguised as dissent', said on Sunday that the government was committed to protecting life and property. 'Our security agencies are on high alert to deal decisively with criminals and other elements of ill intent who may seek to infiltrate peaceful processions to cause havoc, mayhem, or destruction of property,' he said. Activists rally every July 7 to mark the day in 1990 when opponents of then-president Daniel Arap Moi launched a bid to turn Kenya into a multi-party democracy. The protest is called 'Saba Saba' – 'Seven Seven' in Kiswahili – because of the date. Those protests paved the way two years later for the first multi-party elections in more than two decades. The death of 31-year-old Ojwang, a blogger and teacher, has focused public anger, sparking a string of demonstrations last month. On June 25, according to the Commission, 19 people lost their lives nationwide in demonstrations to protest against Ojwang's death and mark the first anniversary of rallies that culminated in the storming of parliament. Six people including three police officers have been charged with murder over Ojwang's death. All have pleaded 'Not guilty'.
