World
113 feared dead in Indonesian military plane crash
All 113 people on board a Hercules C-130 military cargo aircraft were feared killed when the military plane crashed into a residential area in Medan city on Indonesia's Sumatra island on Tuesday, media reported.
 
A total of 101 passengers and 12 military crew members -- comprising three pilots, one navigator and eight technicians -- were on board the plane, Air Marshall Agus Supriatna told a TV channel in Medan.
 
The air force chief said 23 bodies have been identified in Adam Malik hospital in Medan from 49 body bags received by the hospital as of Tuesday afternoon, Xinhua news agency reported.
 
"In the PAUM (Military Air Transport Flight) mission, besides carrying logistics, the plane also carried troops transferred to serve in several regions along with their family members. We are yet to have information on how many family members each trooper had carried along in the plane," Agus said.
 
However, media reports said the plane was also carrying civilian passengers who were not from military families, and who were picked up from airports it stopped over prior to the crash.
 
Agus said the plane, serving Malang air force base, departed from Halim Perdanakusumah airport in Jakarta early Tuesday morning and made stopovers in Pekanbaru, Riau and Dumai to pick up troops being transferred to other regions.
 
He said the plane was enroute to transport logistics and personnel to Tanjung Pinang and Natuna islands.
 
An official at Indonesia's Search and Rescue (Basarnas) Medan branch told Xinhua earlier in the day that manifest of the crashed plane indicates that the plane was boarded by 55 persons. That figure did not include 12 crew members operating the ill-fated plane.
 
According to Agus, the plane's pilot asked for RTB (Return to Base) procedure to air traffic control officers before the crash, which happened shortly before noon. He said the request suggested that a problem had occurred in the plane. Indonesian military has set up a team to investigate the plane crash.
 
Agus said the plane was manufactured in 1964 and served the air forces' 32 Squadron based in Malang, East Java. Indonesia has 28 C-130 Hercules planes in service at the moment.

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Greece considers legal action to block eurozone exit
Greece is analysing possibly taking legal action against the European institutions to block its exit from the eurozone, according to Greek Finance Minister Yanis Varoufakis. Greece is expected to fail to make Tuesday's loan repayment to the International Monetary Fund (IMF).
 
"The Greek government will make use of all our legal rights," Varoufakis told British newspaper Daily Telegraph on Tuesday, the day marking the end of Greece's bailout extension.
 
Greece, according to the newspaper, has threatened to file a court order not only to block the expulsion from the shared currency, but also to avoid stifling the country's banking system.
 
"We are taking advice and will certainly consider an injunction at the European Court of Justice. The EU treaties make no provision for euro exit and we refuse to accept it. Our membership is not negotiable," the minister argued.
 
Tuesday marks the end of the deadline for Greece to pay the 1.6 billion euros ($1.7 billion) owed to the IMF, while the Greek government has called for a referendum on July 5 to decide whether to accept the conditions of the rescue.
 
Varoufakis said Greece has sufficient liquidity to carry it until the referendum, but acknowledged that the capital controls introduced by creditor institutions over the weekend are causing problems for companies.
 
In accordance with these measures, banks will remain closed until July 6 and a daily cap for cash withdrawal stands at 60 euros ($66.70).
 
The failed negotiations in Brussels have made a Greek exit from the euro more possible than ever. 

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New Rs.100 notes to carry ascending numbers
The Reserve Bank Of India (RBI) has recently issued new Rs.100 currency notes in the Mahatma Gandhi Series-2005 with a new numbering pattern, an official statement said.
 
The numerals, henceforth, in both the number panels of these new currency notes will be in ascending size from left to right. However, the prefix, the first three alphanumeric characters will remain constant in size, the RBI said.
 
This is a new visible security feature in the bank notes to enable public identify and distinguish it from a counterfeit one.
 
Barring this new design of the numbering pattern, the bank note is similar to the Rs.100 note in the existing Mahatma Gandhi Series-005.
 
It bears the signature of current RBI Governor Raghuram Rajan, showing the year of printing 2015 on the reverse, and the new numbering pattern will be introduced in a phased manner in all other denominations.

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COMMENTS

Shirish Sadanand Shanbhag

1 year ago

Ascending size of numbering is only for Rs.100 notes, why not for Rs.500 and Rs1,000 notes?

Since Government says this feature in Rs.100 note is brought in, for additional security reasons, then, such additional security reason is not needed for higher denomination notes?

Bijoy Varghese

1 year ago

So the counterfeiters don't know how to print ascending size numbers on the notes? is that the logic? Only option is to start printing notes in india and not to outsource. then comes other plans. also why not plastic notes yet? whats stopping RBI from issuing plastic currencies like in other countries?

AJOY KUMAR SARAF

1 year ago

New security feature is welcome but RBI should create awareness before its circulation otherwise small town traders and vendors will not accept it and will say it is fake.
even some people / petty shopkeepers are refusing to accept note prior to 2005

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