4 Indian students among several injured in stabbing attack in Russia
Moscow (PTI): At least six people, including four Indians students, were injured on Saturday in a stabbing attack at a university in Russia's Bashkortostan Republic, media reports and the Indian mission here said.
According to preliminary reports, a teenager armed with a knife entered a dormitory of the State Medical University in Ufa in the Bashkortostan Republic. He attacked the students living there and stabbed several of them, the Interior Ministry said.
“The attacker resisted arrest, during which two police officers were stabbed. Furthermore, the suspect also inflicted bodily harm on himself,” Interior Ministry spokesperson Maj General Irina Volk was quoted as saying by RTVI.com webportal.
Calling it an "unfortunate incident", the Indian Embassy here said, "Several persons including four Indian students have been injured."
The Embassy said it is in touch with the authorities, and officials from the Consulate in Kazan are en route to Ufa to provide assistance to the injured students.
In a release, the Russian Federal Health Ministry said that four people injured in the attack are receiving medical care. One is in serious condition, while three others are in moderate condition, it added.
The attacker, identified as a 15-year-old youth, has also been admitted to a local children's hospital in serious condition, the Baza telegram channel said.
Authorities in Ufa, the capital of the Bashkortostan Republic about 1,200 km east of Moscow, have launched a high-level probe into the incident.
The Baza channel claimed that the attacker belonged to a banned neo-Nazi outfit.
"He belonged to the banned NS/WP neoNazi organisation. During the frenzy of attack, he was shouting nationalist slogans about (the) Holocaust,” it said and shared the photo of a Swastika drawn on a wall with the blood of the victims.
According to eyewitnesses, “there was blood all around,” Ren TV said, showing footage of wounded being taken to hospital by ambulance vans.
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Govt to constitute high-level panel on banking soon: FM
New Delhi (PTI): The government will soon constitute a High-Level Committee on Banking for Viksit Bharat to draw up a blueprint to create mega-lenders capable of meeting the financing needs of a developed India, Finance Minister Nirmala Sitharaman said.
"We want the committee to tell us what kind of things we need to do so that banking is made available for funding Viksit Bharat," she told PTI Videos in an interview.
Asked if it would suggest a merger of public sector banks, Sitharaman said one should not narrow it down like that.
"It is for India's banking sector to be made big enough, big enough in the sense, made or primed to take care of Viksit Bharat funding. You have to reach Viksit Bharat destination...it (Viksit Bharat) needs money, it needs financing, it needs credit, it needs banking facility to reach the common man."
When asked about the timeframe for formation of the committee, she said, "We will do it at the earliest".
"I propose setting up a 'High Level Committee on Banking for Viksit Bharat' to comprehensively review the sector and align it with India's next phase of growth, while safeguarding financial stability, inclusion and consumer protection," she had said in the Budget speech on February 1.
To achieve scale and improve efficiency in the public sector NBFCs, as a first step, the Budget also proposed to restructure the Power Finance Corporation (PFC) and Rural Electrification Corporation (REC).
"A lot of work has happened in the ministry concerned. They have come up with this expectation. Let's see how they play it out," she said, when asked if a merger is on the cards.
REC is a subsidiary of state-owned power sector lender Power Finance Corporation (PFC). Both entities play a key role in funding power generation, transmission and distribution projects.
In March 2019, PFC completed the acquisition of a majority stake in REC Ltd by transferring Rs 14,500 crore to the government.
PFC acquired 103.94 crore shares, constituting 52.63 per cent stake, held by the government in REC, along with the management control. The acquisition price was worked out to Rs 139.50 per share. This stake acquisition came following the in-principle approval from the Cabinet Committee on Economic Affairs.
Both PFC and REC are Navratna central public sector enterprises, and this acquisition was a step toward consolidating companies operating in the same space.
Last week, the PFC board gave in-principle approval for the merger of the non-banking finance company REC Limited with itself.
The board approval for the merger of PFC and REC came after an announcement made in this regard in the Budget on Sunday.
