Credit Suisse Group AG's attempts to reassure investors about its financial stability backfired as the credit risk indicator for the global bank surged to a record high while its shares hit a new low.&nbsp; 
 
There's talk about the bank going under like Lehman Brothers in the US, which was one of the events that precipitated the global financial crisis of 2007-08, but the Swiss bank's CEO put up a brave front.

According to ICE Data Services, the price of five-year default swaps of the bank is currently at an all-time high of roughly 293 basis points, up from about 55 points since the beginning of this year.

On Monday, the bank's shares fell by a record 12 per cent in Zurich, and this year alone, they have lost over 60 per cent, the greatest yearly decline in Suisse's record. Bloomberg reported that Ulrich Koerner, CEO, praised the bank's capital and liquidity levels, but admitted going through a "critical period."

<a href="https://www.wionews.com/world/credit-suisse-says-worlds-average-adult-will-be-worth-100000-by-2024-518721">Also read |Credit Suisse says world's average adult will be worth $100,000 by 2024</a>

Furthermore, he informed that the company will release a new strategic plan on October 27. There is currently a 23 per cent&nbsp;chance that the bank will default on its obligations in the next five years. Some clients had used the increase in the CDS this year to inquire about haggling rates and products.&nbsp;

Bloomberg reported that the institution is currently drafting proposals that could result in the reduction of thousands of jobs for several years. Even after selling some assets, analysts at KBW expect that the company could raise $4 billion in capital to cover any unforeseen restructuring initiatives and other costs.

<a href="https://www.wionews.com/world/number-of-global-ultra-high-net-worth-individuals-hits-record-high-in-2022-518310">Also read |&nbsp;Number of global ultra high net worth individuals hits record high in 2022</a>

Given that Credit Suisse's market value has decreased by approximately 9.5 billion in Swiss francs, any share for this would dilute the existing shareholders. In 2021, the market value was around $30 billion francs.&nbsp;

The firm's 13.5 per cent CET1 capital ratio as of June 30 fell in the centre of the anticipated range of 13 to 14 per cent. There are no current issues at Credit Suisse compared to its $7.2 million at Deutsche Bank, and the Swiss bank's core capital ratio of 13.5 per cent is higher than 10.5 per cent higher than six years ago.&nbsp;

The bank is currently looking for deals to sell its trading division for specialised products and is examining the sale of its wealth in Latin America and Brazil.

(With inputs from agencies)

WATCH WION LIVE HERE

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Credit Suisse Group AG's attempts to reassure investors about its financial stability backfired as the credit risk indicator for the global bank surged to a record high while its shares hit a new low.

Credit Suisse Group AG's attempts to reassure investors about its financial stability backfired as the credit risk indicator for the global bank surged to a record high while its shares hit a new low. There's talk about the bank going under like Lehman Brothers in the US, which was one of the events that precipitated the global financial crisis of 2007-08, but the Swiss bank's CEO put up a brave front. According to ICE Data Services, the price of five-year default swaps of the bank is currently at an all-time high of roughly 293 basis points, up from about 55 points since the beginning of this year. On Monday, the bank's shares fell by a record 12 per cent in Zurich, and this year alone, they have lost over 60 per cent, the greatest yearly decline in Suisse's record. Bloomberg reported that Ulrich Koerner, CEO, praised the bank's capital and liquidity levels, but admitted going through a "critical period." Also read |Credit Suisse says world's average adult will be worth $100,000 by 2024 Furthermore, he informed that the company will release a new strategic plan on October 27. There is currently a 23 per cent chance that the bank will default on its obligations in the next five years. Some clients had used the increase in the CDS this year to inquire about haggling rates and products. Bloomberg reported that the institution is currently drafting proposals that could result in the reduction of thousands of jobs for several years. Even after selling some assets, analysts at KBW expect that the company could raise $4 billion in capital to cover any unforeseen restructuring initiatives and other costs. Also read | Number of global ultra high net worth individuals hits record high in 2022 Given that Credit Suisse's market value has decreased by approximately 9.5 billion in Swiss francs, any share for this would dilute the existing shareholders. In 2021, the market value was around $30 billion francs. The firm's 13.5 per cent CET1 capital ratio as of June 30 fell in the centre of the anticipated range of 13 to 14 per cent. There are no current issues at Credit Suisse compared to its $7.2 million at Deutsche Bank, and the Swiss bank's core capital ratio of 13.5 per cent is higher than 10.5 per cent higher than six years ago. The bank is currently looking for deals to sell its trading division for specialised products and is examining the sale of its wealth in Latin America and Brazil. (With inputs from agencies) WATCH WION LIVE HERE

Another Lehman Brothers? Credit Suisse shares down by record 12%, CEO puts up brave front

The second-largest telecommunications company in Australia, Optus, suffered a significant cybersecurity breach 12 days ago, and its owner Singapore Telecommunications or Singtel on Monday said it is still trying to estimate the possible cost of the damage caused.

Singtel's statement came amid reports that it might end up paying significant compensation for the theft of sensitive information from 10 million users. Although the telecommunication firm is said to have hired lawyers to assist it, it has not received any official notice of the case, amid reports of a possible class action suit by consumers.

<a href="https://www.wionews.com/world/australia-launches-operation-guardian-to-protect-optus-data-breach-victims-521194">Also read |&nbsp;Australia launches 'Operation Guardian' to protect Optus data breach victims</a>

On Monday (October 3), Optus announced that Deloitte had been selected to conduct an impartial, external review of the attack.&nbsp;

The Australian government has demanded that the businesses notify the people affected and said that customers were at risk of financial crimes.

"Singtel is continuing to evaluate the potential financial implications arising from this matter and any material development will be disclosed to the market on a timely basis," the company said in a statement.

<a href="https://www.wionews.com/world/optus-leak-over-10k-records-posted-online-writer-later-deletes-post-and-apologises-520066">Also read |&nbsp;Optus leak: Over 10K records posted online, purported hacker deletes post and apologises</a>

The Optus chief executive said in a video message that about 2.1 million of its users, out of 10 million, were compromised with their identity numbers revealed. She said that the corporation has notified all 10,000 people that the data has been leaked online and is collaborating with the police.&nbsp;

The law firm Slater &amp; Gordon and Maurice Balckburn stated that they are currently looking into the possibility of filing a case action against Optus to seek compensation for anyone who has been impacted by this incident.

Nearly 40 per cent of Australians have been impacted by this Optus cyber breach.

(With inputs from agencies)

WATCH WION LIVE HERE

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The second-largest telecommunications company in Australia, Optus, suffered a significant cybersecurity breach 12 days ago, and its owner Singapore Telecommunications or Singtel on Monday said it is still trying to estimate the possible cost of the damage caused.

The second-largest telecommunications company in Australia, Optus, suffered a significant cybersecurity breach 12 days ago, and its owner Singapore Telecommunications or Singtel on Monday said it is still trying to estimate the possible cost of the damage caused. Singtel's statement came amid reports that it might end up paying significant compensation for the theft of sensitive information from 10 million users. Although the telecommunication firm is said to have hired lawyers to assist it, it has not received any official notice of the case, amid reports of a possible class action suit by consumers. Also read | Australia launches 'Operation Guardian' to protect Optus data breach victims On Monday (October 3), Optus announced that Deloitte had been selected to conduct an impartial, external review of the attack. The Australian government has demanded that the businesses notify the people affected and said that customers were at risk of financial crimes. "Singtel is continuing to evaluate the potential financial implications arising from this matter and any material development will be disclosed to the market on a timely basis," the company said in a statement. Also read | Optus leak: Over 10K records posted online, purported hacker deletes post and apologises The Optus chief executive said in a video message that about 2.1 million of its users, out of 10 million, were compromised with their identity numbers revealed. She said that the corporation has notified all 10,000 people that the data has been leaked online and is collaborating with the police. The law firm Slater & Gordon and Maurice Balckburn stated that they are currently looking into the possibility of filing a case action against Optus to seek compensation for anyone who has been impacted by this incident. Nearly 40 per cent of Australians have been impacted by this Optus cyber breach. (With inputs from agencies) WATCH WION LIVE HERE

Optus leak: Singapore Telecommunications appoints Deloitte to assess data breach

Just imagine you go for grocery shopping and then luck plays its role and you win a lottery for $190K. Isn't it incredible?

A similar instance happened in the United States when a man claimed to the Michigan Lottery that his wife sent him to the grocery shop, which turned out to be quite fortunate for him as he ended up winning the lottery for $190,736 (Rs 1.5 crore).&nbsp;

<a href="https://www.wionews.com/india-news/week-after-3-million-lottery-win-keralite-says-hes-surrounded-by-people-asking-for-money-519832">Also read |&nbsp;Week after $3 million lottery win, Indian man says he's surrounded by people asking for money</a>

Preston Maki, 46, claimed that he wouldn't have purchased the ticket if it weren't for his wife and her messages.

Maki said, "I was finishing up my day at work when my wife sent me a text message asking me to make a stop for groceries on my way home." He further added, "I usually don't play Fantasy 5 unless the jackpot is more than $200,000, but I saw it was close and decided to buy five easy picks," Times Now reported.

He then claimed to have checked his ticket the following day. Maki said, "The next morning, I was in the kitchen and scanned the ticket with the Lottery's mobile app and saw I was the jackpot winner! Winning is so unimaginable."

<a href="https://www.wionews.com/india-news/indian-man-wins-rs10-million-lottery-hours-before-selling-house-to-pay-off-debt-501992">Also read |&nbsp;Indian man wins Rs10 million lottery hours before selling house to pay off debt</a>

He stated that he plans to divide his award among his family and set aside a portion for investments.

Another such instance is claimed to have happened when a man is said to have gone for a similar shopping run and won a jackpot of $1.8 million (Rs 15 crore).&nbsp;

According to South Carolina Education Lottery officials, the winner said that he ran out of milk and needed it for his morning coffee, and then he casually glanced at the customer service desk and made an impulse purchase of a purchaser ticket.&nbsp;

(With inputs from agencies)

WATCH WION LIVE HERE

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Just imagine you go for grocery shopping and then luck plays its role and you win a lottery for $190K. Isn't it incredible? A similar instance happened in the United States when a man claimed to the Michigan Lottery that his wife sent him to the grocery shop, which turned out to be quite fortunate for him as he ended up winning the lottery for $190,736 (Rs 1.

Just imagine you go for grocery shopping and then luck plays its role and you win a lottery for $190K. Isn't it incredible? A similar instance happened in the United States when a man claimed to the Michigan Lottery that his wife sent him to the grocery shop, which turned out to be quite fortunate for him as he ended up winning the lottery for $190,736 (Rs 1.5 crore). Also read | Week after $3 million lottery win, Indian man says he's surrounded by people asking for money Preston Maki, 46, claimed that he wouldn't have purchased the ticket if it weren't for his wife and her messages. Maki said, "I was finishing up my day at work when my wife sent me a text message asking me to make a stop for groceries on my way home." He further added, "I usually don't play Fantasy 5 unless the jackpot is more than $200,000, but I saw it was close and decided to buy five easy picks," Times Now reported. He then claimed to have checked his ticket the following day. Maki said, "The next morning, I was in the kitchen and scanned the ticket with the Lottery's mobile app and saw I was the jackpot winner! Winning is so unimaginable." Also read | Indian man wins Rs10 million lottery hours before selling house to pay off debt He stated that he plans to divide his award among his family and set aside a portion for investments. Another such instance is claimed to have happened when a man is said to have gone for a similar shopping run and won a jackpot of $1.8 million (Rs 15 crore). According to South Carolina Education Lottery officials, the winner said that he ran out of milk and needed it for his morning coffee, and then he casually glanced at the customer service desk and made an impulse purchase of a purchaser ticket. (With inputs from agencies) WATCH WION LIVE HERE

US: Man sent for grocery shopping by wife wins lottery of $190K, intends to distribute money amongst family

As sales of luxury properties in Dubai soar, a mansion built on its Palm Jumeriah island has recently been sold for 302.5 million dirhams ($82.4 million) and set new records for the most expensive residence ever sold in the Persian Gulf emirate.&nbsp;

As per its developer, Alpago Properties, the mansion known as Casa Del Sole confirmed the news. The home is situated on Billionaries' Row on Frond G of the artificial island of Palm Jumeirah. However, the details of the buyer have not been dislcosed yet due to privacy issues.&nbsp;

The founder and chairman of Alpago Group, Murat Ayyildiz, stated in an interview that all of the six villas built have almost been sold.

<a href="https://www.wionews.com/entertainment/lifestyle/news-report-henry-moore%E2%80%99s-festival-of-britain-bronze-may-break-auction-records-522077">Also read |&nbsp;Report: Henry Moore’s Festival of Britain bronze may break auction records</a>

Bloomberg reported that the house had been purchased without a mortgage. Due to lenient visa regulations and the government's response to the pandemic, Dubai's property values have increased over the past year.

India's richest man, Mukesh Ambani, previously held the record for buying the most expensive house for $80 million on a 10-bedroom villa for his youngest son on the island.&nbsp;

<a href="https://www.wionews.com/trending/64-year-old-dutch-woman-will-finally-receive-her-sisters-postcard-after-42-years-522056">Also read |&nbsp;64-year-old Dutch woman will finally receive her sister's postcard after 42 years</a>

The sixth villa, Casa Del Sole, is still under construction with eight bedrooms and 18 bedrooms and is anticipated to be finished by early 2023. This villa will have a gym, a movie theatre, a jacuzzi, and an underground parking space for 15 cars.&nbsp;

According to the company, the least expensive villa sold was for 128 million dirhams.

As per research, buying residences valued at more than 100 million dirhams has increased in the past five to 12 years, which means the high ticket sizes of residential places.&nbsp;

(With inputs from agencies)

WATCH WION LIVE HERE

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As sales of luxury properties in Dubai soar, a mansion built on its Palm Jumeriah island has recently been sold for 302.5 million dirhams ($82.4 million) and set new records for the most expensive residence ever sold in the Persian Gulf emirate.

As sales of luxury properties in Dubai soar, a mansion built on its Palm Jumeriah island has recently been sold for 302.5 million dirhams ($82.4 million) and set new records for the most expensive residence ever sold in the Persian Gulf emirate. As per its developer, Alpago Properties, the mansion known as Casa Del Sole confirmed the news. The home is situated on Billionaries' Row on Frond G of the artificial island of Palm Jumeirah. However, the details of the buyer have not been dislcosed yet due to privacy issues. The founder and chairman of Alpago Group, Murat Ayyildiz, stated in an interview that all of the six villas built have almost been sold. Also read | Report: Henry Moore’s Festival of Britain bronze may break auction records Bloomberg reported that the house had been purchased without a mortgage. Due to lenient visa regulations and the government's response to the pandemic, Dubai's property values have increased over the past year. India's richest man, Mukesh Ambani, previously held the record for buying the most expensive house for $80 million on a 10-bedroom villa for his youngest son on the island. Also read | 64-year-old Dutch woman will finally receive her sister's postcard after 42 years The sixth villa, Casa Del Sole, is still under construction with eight bedrooms and 18 bedrooms and is anticipated to be finished by early 2023. This villa will have a gym, a movie theatre, a jacuzzi, and an underground parking space for 15 cars. According to the company, the least expensive villa sold was for 128 million dirhams. As per research, buying residences valued at more than 100 million dirhams has increased in the past five to 12 years, which means the high ticket sizes of residential places. (With inputs from agencies) WATCH WION LIVE HERE

Mysterious buyer sets new record for purchasing $82.4 million mansion in Dubai's Palm Jumeriah

Renowned Indian businessman M.M. Ramachandran, popularly known as 'Atlas' Ramachandran, died in Dubai on Sunday night (October 2) after a cardiac arrest.&nbsp;

As per his family sources, Ramachandran, the managing director of Atlas Jewellery and a film producer, was admitted to a hospital in Dubai a few days ago. His death happened when he was trying to rebuild his business after being released from jail some years ago.

<a href="https://www.wionews.com/india-news/mumbai-police-launches-probe-into-56-chinese-nationals-on-fraud-charges-520773">Also read |&nbsp;Mumbai police launch probe against 56 Chinese nationals on fraud, forgery charges</a>

Once an international success story in the Middle East and in South India, Ramachandran's situation deteriorated in 2015 after he was detained and sentenced to three years in prison in Dubai for alleged financial fraud, particularly on bounced cheques.&nbsp;

The businessman faced alleged defaults of over Rs. 1,000 crores ($10 billion) to the banks, notably the Bank of Baroda. He was one of the main targets of various cases in Dubai brought by Indian and UAE-based banks, the Indian Express reported.

Ramachandran started working for Canara Bank in 1963. In 1966, he relocated to the State Bank of India to work as a probationary officer before joining the bank's subsidiary. In 1974, he began working at the Commercial Bank of Kuwait till 1987.

<a href="https://www.wionews.com/india-news/fraudulent-shell-companies-with-chinese-links-uncovered-in-india-515148">Also read |&nbsp;Fraudulent shell companies with Chinese links uncovered in India, mastermind arrested</a>

Ramachandran entered the gold industry in 1981 and established his first Kuwait showroom, the Atlast showroom. Everything was going fine for him. However, during the Kuwait war, Ramachandran faced a significant loss but recovered all his losses after moving his business activities to the UAE.&nbsp;

In 2010, he directed one Malayalam film, produced several films, and became one of the well-known advertisers in Kerala's media sector. He appeared himself in the ads for Atlas jewellery network, which earned him the nickname 'Atlas' Ramachandran.

The Atlas Group operated 42 showrooms in the Gulf Cooperation Council (GCC) and three in India during its success. The group had a revenue of Rs 8,000 crore ($80 billion) in diverse sectors in 2014 before the empire was devastated. In 2015, the situation deteriorated, and Ramchnadran was detained. He was freed from jail in 2018.

(With inputs from agencies)

WATCH WION LIVE HERE

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Renowned Indian businessman M.M. Ramachandran, popularly known as 'Atlas' Ramachandran, died in Dubai on Sunday night (October 2) after a cardiac arrest. As per his family sources, Ramachandran, the managing director of Atlas Jewellery and a film producer, was admitted to a hospital in Dubai a few days ago.

Renowned Indian businessman M.M. Ramachandran, popularly known as 'Atlas' Ramachandran, died in Dubai on Sunday night (October 2) after a cardiac arrest. As per his family sources, Ramachandran, the managing director of Atlas Jewellery and a film producer, was admitted to a hospital in Dubai a few days ago. His death happened when he was trying to rebuild his business after being released from jail some years ago. Also read | Mumbai police launch probe against 56 Chinese nationals on fraud, forgery charges Once an international success story in the Middle East and in South India, Ramachandran's situation deteriorated in 2015 after he was detained and sentenced to three years in prison in Dubai for alleged financial fraud, particularly on bounced cheques. The businessman faced alleged defaults of over Rs. 1,000 crores ($10 billion) to the banks, notably the Bank of Baroda. He was one of the main targets of various cases in Dubai brought by Indian and UAE-based banks, the Indian Express reported. Ramachandran started working for Canara Bank in 1963. In 1966, he relocated to the State Bank of India to work as a probationary officer before joining the bank's subsidiary. In 1974, he began working at the Commercial Bank of Kuwait till 1987. Also read | Fraudulent shell companies with Chinese links uncovered in India, mastermind arrested Ramachandran entered the gold industry in 1981 and established his first Kuwait showroom, the Atlast showroom. Everything was going fine for him. However, during the Kuwait war, Ramachandran faced a significant loss but recovered all his losses after moving his business activities to the UAE. In 2010, he directed one Malayalam film, produced several films, and became one of the well-known advertisers in Kerala's media sector. He appeared himself in the ads for Atlas jewellery network, which earned him the nickname 'Atlas' Ramachandran. The Atlas Group operated 42 showrooms in the Gulf Cooperation Council (GCC) and three in India during its success. The group had a revenue of Rs 8,000 crore ($80 billion) in diverse sectors in 2014 before the empire was devastated. In 2015, the situation deteriorated, and Ramchnadran was detained. He was freed from jail in 2018. (With inputs from agencies) WATCH WION LIVE HERE

Indian businessman and film producer 'Atlas' Ramchandran dies in Dubai

Despite arriving 42 years late, a 64-year-old Dutch woman is delighted to learn that she'll soon be receiving a postcard from her sister. This card was sent in the summer of 1980 from Hoeven, in the southern province of Brabant.&nbsp;

The card simply said "Greetings," was signed by Veronica, Jan, and Matthijs, and was sent addressed to Ludwina and Piet Verhoeven in Nieuw-Vennep, southern Amsterdam. The Dutch post office then returned it to the location this week, 40 years after it was delivered, with the marking "invalid/incomplete address," despite the card's appealing array of images of the nearby campsite, which included a sign directing campers to the restroom facilities.

<a href="https://www.wionews.com/world/an-iphone-reportedly-alerted-responders-about-a-car-crash-in-nebraska-us-522016">Also read |&nbsp;An iPhone reportedly alerted responders about a car crash in Nebraska, US</a>

In conversation with a local broadcaster, Ludwina Verhoeven said that her sister sent this letter along with her husband and brother-in-law, and both have passed away. She further added that her son saw many news articles about the card's improbable return on social media.&nbsp;

Verhoeven called her sister then, who checked her old photo albums and confirmed taking a vacation to Camping Hoeven in 1980. She further claimed that the mentioned address is correct and she's been living here ever and is unsure why the card reached her now unexpectedly, The Guardian reported.

<a href="https://www.wionews.com/world/uae-all-set-to-open-economy-ministry-office-in-metaverse-522018">Also read |&nbsp;UAE all set to open economy ministry office in metaverse</a>

When asked, the Dutch post office couldn't think of any explanation for this delay. In conversation with NOS, a spokesperson said that the cards occasionally went missing in the past when the mail was physically handed over, or they might have reached a wrong address in 1980 and remained there until this point.&nbsp;

The Camping Hoeven has stated that it will send the card to Verhoeven immediately in its original condition.

(With inputs from agencies)

WATCH WION LIVE HERE

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Despite arriving 42 years late, a 64-year-old Dutch woman is delighted to learn that she'll soon be receiving a postcard from her sister. This card was sent in the summer of 1980 from Hoeven, in the southern province of Brabant.

Despite arriving 42 years late, a 64-year-old Dutch woman is delighted to learn that she'll soon be receiving a postcard from her sister. This card was sent in the summer of 1980 from Hoeven, in the southern province of Brabant. The card simply said "Greetings," was signed by Veronica, Jan, and Matthijs, and was sent addressed to Ludwina and Piet Verhoeven in Nieuw-Vennep, southern Amsterdam. The Dutch post office then returned it to the location this week, 40 years after it was delivered, with the marking "invalid/incomplete address," despite the card's appealing array of images of the nearby campsite, which included a sign directing campers to the restroom facilities. Also read | An iPhone reportedly alerted responders about a car crash in Nebraska, US In conversation with a local broadcaster, Ludwina Verhoeven said that her sister sent this letter along with her husband and brother-in-law, and both have passed away. She further added that her son saw many news articles about the card's improbable return on social media. Verhoeven called her sister then, who checked her old photo albums and confirmed taking a vacation to Camping Hoeven in 1980. She further claimed that the mentioned address is correct and she's been living here ever and is unsure why the card reached her now unexpectedly, The Guardian reported. Also read | UAE all set to open economy ministry office in metaverse When asked, the Dutch post office couldn't think of any explanation for this delay. In conversation with NOS, a spokesperson said that the cards occasionally went missing in the past when the mail was physically handed over, or they might have reached a wrong address in 1980 and remained there until this point. The Camping Hoeven has stated that it will send the card to Verhoeven immediately in its original condition. (With inputs from agencies) WATCH WION LIVE HERE

64-year-old Dutch woman will finally receive her sister's postcard after 42 years

Rajnath Singh, the defence minister, attended the induction of the first batch of Light Combat Helicopters (LCH) named "Prachand" into the Indian Air Force. The ceremony was also attended by Anil Chauhan, the newly appointed Chief of Defence Staff (CDS), along with the defence minister of Rajasthan.

During the event, Singh said that LCH will improve India's capability, boost defence output, and help demonstrate India's commitment to self-reliance in the defence industry. The introduction of LCH created domestically will boost IAF's effectiveness.

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Speaking at the Induction Ceremony of Light Combat Helicopters (LCH) in Jodhpur. 
<a href="https://t.co/7lQ6yYpNAG">https://t.co/7lQ6yYpNAG</a>
— Rajnath Singh (@rajnathsingh) <a href="https://twitter.com/rajnathsingh/status/1576813498197192705?ref_src=twsrc%5Etfw">October 3, 2022</a></blockquote>
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<a href="https://www.wionews.com/india-news/watch-pm-modi-launches-5g-services-in-india-automotive-sector-to-be-biggest-beneficiary-521459">Also read |&nbsp;Watch: PM Modi launches 5G services in India, automotive sector to be biggest beneficiary</a>

The CCS has approved the purchase of 15 light LHCs for a price of Rs 3,887 crore (approx $30 billion).&nbsp;The government has prioritised indigenisation in defence manufacturing. The IAF will receive 10 of the 15 limited production helicopters, while the army will receive five. As per officials, it can land and take off from a height of 5,000 metres, carrying fuel and weapons.&nbsp;

Singh further added, "for a long time, there was a need for attack helicopters and during the 1999 Kargil war, its need was felt seriously. The LCH is a result of research and development for two decades and its induction into IAF is an important milestone in defence production," ANI reported.

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नाम है ‘प्रचंड’ <a href="https://t.co/dCa3WGvw9A">pic.twitter.com/dCa3WGvw9A</a>
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Rajnath Singh praised the Indian Air Force and noted that it had contributed significantly to the impact, whether there were internal or external threats.&nbsp;Made in India, LHC precisely satisfies the requirements of the Indian armed forces and airforces in a variety of terrains, he said.

<a href="https://www.wionews.com/india-news/pakistans-it-is-international-terrorism-but-indias-it-is-infotech-says-jaishankar-521744">Also read |&nbsp;India's IT is infotech, Pakistan's IT is international terrorism, quips Jaishankar</a>

Mentioning the Russia-Ukraine conflict, Rajnath said that the war between the two countries showed large weapons, which clearly showed that large weapon systems and platforms are unable to move quickly across the battlefield and become easy targets for the enemy. Singh said that national defence services are the government's first priority. Additionally, the defence minister, in full confidence, said that whenever anyone talks about superpowers, including military strength, India will be first.&nbsp;

The choppers were extensively tested in Ladakh and the desert region for military forces. In the past two or three years, the IAF has added a number of helicopters to its fleet, including the Chinooks, Apache attack helicopters, and now LCHs.

(With inputs from agencies)

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&nbsp;

Rajnath Singh, the defence minister, attended the induction of the first batch of Light Combat Helicopters (LCH) named "Prachand" into the Indian Air Force. The ceremony was also attended by Anil Chauhan, the newly appointed Chief of Defence Staff (CDS), along with the defence minister of Rajasthan.

Rajnath Singh, the defence minister, attended the induction of the first batch of Light Combat Helicopters (LCH) named "Prachand" into the Indian Air Force. The ceremony was also attended by Anil Chauhan, the newly appointed Chief of Defence Staff (CDS), along with the defence minister of Rajasthan. During the event, Singh said that LCH will improve India's capability, boost defence output, and help demonstrate India's commitment to self-reliance in the defence industry. The introduction of LCH created domestically will boost IAF's effectiveness. Speaking at the Induction Ceremony of Light Combat Helicopters (LCH) in Jodhpur. https://t.co/7lQ6yYpNAG — Rajnath Singh (@rajnathsingh) October 3, 2022 × Also read | Watch: PM Modi launches 5G services in India, automotive sector to be biggest beneficiary The CCS has approved the purchase of 15 light LHCs for a price of Rs 3,887 crore (approx $30 billion). The government has prioritised indigenisation in defence manufacturing. The IAF will receive 10 of the 15 limited production helicopters, while the army will receive five. As per officials, it can land and take off from a height of 5,000 metres, carrying fuel and weapons. Singh further added, "for a long time, there was a need for attack helicopters and during the 1999 Kargil war, its need was felt seriously. The LCH is a result of research and development for two decades and its induction into IAF is an important milestone in defence production," ANI reported. नाम है ‘प्रचंड’ pic.twitter.com/dCa3WGvw9A — Rajnath Singh (@rajnathsingh) October 3, 2022 × Rajnath Singh praised the Indian Air Force and noted that it had contributed significantly to the impact, whether there were internal or external threats. Made in India, LHC precisely satisfies the requirements of the Indian armed forces and airforces in a variety of terrains, he said. Also read | India's IT is infotech, Pakistan's IT is international terrorism, quips Jaishankar Mentioning the Russia-Ukraine conflict, Rajnath said that the war between the two countries showed large weapons, which clearly showed that large weapon systems and platforms are unable to move quickly across the battlefield and become easy targets for the enemy. Singh said that national defence services are the government's first priority. Additionally, the defence minister, in full confidence, said that whenever anyone talks about superpowers, including military strength, India will be first. The choppers were extensively tested in Ladakh and the desert region for military forces. In the past two or three years, the IAF has added a number of helicopters to its fleet, including the Chinooks, Apache attack helicopters, and now LCHs. (With inputs from agencies) WATCH WION LIVE HERE

Watch: Rajnath Singh attends induction of India's first batch of Light Combat Helicopters 'Prachand' 

The emergency ward at the main government hospital in Sehwan, a small town in southern&nbsp;Pakistan, is overwhelmed.

On a recent visit, Reuters witnessed hundreds of people crammed into rooms and corridors, desperately seeking treatment for malaria and other illnesses that are spreading fast after the country's worst floods in decades.

Amid the crush, Naveed Ahmed, a young doctor in the emergency response department of the Abdullah Shah Institute of Health Sciences, is surrounded by five or six people trying to get his attention.

The 30-year-old keeps his cool as stretched emergency services struggle to cope with thousands of patients arriving from miles around after their homes were submerged under water when heavy rains fell in August and September.'

<a href="https://www.wionews.com/south-asia/pakistan-international-airlines-regrets-asking-cabin-crew-to-wear-undergarments-issues-clarification-521366">Also read |&nbsp;Pakistan International Airlines 'regrets' asking cabin crew to 'wear undergarments', issues clarification</a>

"We become so overworked at times that I feel like collapsing and going on an intravenous drip," a smiling Ahmed told Reuters as he sipped a cup of tea in the hospital's canteen during a short break.

"But it's because of the prayers of these patients that we keep going."

Ahmed is on the frontline of the battle to limit sickness and death across southern&nbsp;Pakistan, where hundreds of towns and villages were cut off by rising waters. The deluge has affected around 33 million people in a country of 220 million.

Most of the estimated 300-400 patients arriving at his clinic each morning, many of them children, are suffering from malaria and diarrhoea, although with winter approaching, Ahmed fears other illnesses will become more common.

"I hope people displaced by the floods can get back to their homes before winter; (if not) they will be exposed to respiratory illnesses and pneumonia living in tents," he said.

Hundreds of thousands of&nbsp;Pakistanis who fled their homes are living in government camps set up to accommodate them, or simply out in the open.

Stagnant floodwaters, spread over hundreds of square kilometres (miles), may take two to six months to recede in some places, and have already led to widespread cases of skin and eye infections, diarrhoea, malaria, typhoid and dengue fever.

The crisis hits&nbsp;Pakistan&nbsp;at a particularly bad time. With its economy in crisis, propped up by loans from the International Monetary Fund, it does not have the resources to cope with the longer term effects of the flooding.

Nearly 1,700 people have been killed in the floods caused by heavy monsoon rains and melting glaciers.&nbsp;Pakistan&nbsp;estimates the cost of the damage at $30 billion, and the government and United Nations have blamed the catastrophe on climate change.

Over 340 people have died of diseases caused by the floods, authorities have said.

Watch |&nbsp;Pakistan: 25,000 farmers stage protest in Islamabad, ask for fertilisers subsidies

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Second disaster&nbsp;

According to the health department of Sindh province, the worst-affected region, 17,285 cases of malaria have been confirmed since July 1.

Anticipating the risk of disease outbreaks after the rescue and relief phase of the floods, the Sindh government is trying to hire more than 5,000 health professionals on a temporary basis in districts most at risk.

"We are short of human resources considering the magnitude of the burden of disease following the unprecedented rains and floods," Qasim Soomro, provincial lawmaker and parliamentary health secretary of the Sindh government, told Reuters.

The World Health Organization (WHO) has raised concern about an impending "second disaster" of water-borne diseases spreading across the country, particularly in Sindh.

In the hospital ward in Sehwan, a young man with a high fever was having fits on a bed outside the main emergency room. His mother ran to Ahmed, who attended the patient and asked a male nurse to place cold pads on his forehead.

The air was heavy with humidity, and there were not enough air conditioners to cool temperatures in overcrowded corridors lined with beds. The wards were filled to capacity and a handful of beds had more than one patient on them.

Ahmed, a graduate of a university in China, described the pressure he and other medics were under.

"With such influx, we ... cannot wait for test results for each patient to start the treatment," he said, adding he begins administering medicine for malaria as soon as he sees some symptoms.

The institute in Sehwan serves people from neighbouring towns and districts, including those living in camps while the waters recede and rebuilding can begin.

Jagan Shahani's daughter fell unconscious after getting a fever around a week ago. He used a boat to get out of his flooded village of Bhajara and flagged down a car on the nearby road that took them to Sehwan.

"Doctors said she had malaria," he said late last week. "This is our fourth night here. There is nothing here to eat but Allah has been very kind to provide everything," added Shahani, whose 15-year-old daughter Hameeda is now recovering.

<a href="https://www.wionews.com/south-asia/paks-ex-pm-imran-khan-granted-pre-arrest-bail-in-contempt-case-521746">Also read |&nbsp;Pak ex-PM Imran Khan granted pre-arrest bail in female judge threat case</a>

On the outskirts of town, hundreds of displaced people queued up for rations being distributed at Lal Bagah, a tent settlement where displaced families prepared tea and breakfast on open fires.

The Indus Highway that runs past Sehwan is dotted with tent camps for displaced people.

Some are beginning to return home where waters have retreated far enough, but not all are so lucky.

"There is no one here to help me but Allah. I pray to Allah that the waters recede in my village and I can return to my home," said Madad Ali Bozdar.

Bozdar, 52, is from Bubak, a town located on the north-eastern bank of Manchar Lake. Speaking on Friday, he said his village was still under 10 to 12 feet (3-4 metres) of water. He expected to be able to go back in around two months' time.

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The emergency ward at the main government hospital in Sehwan, a small town in southern Pakistan, is overwhelmed. On a recent visit, Reuters witnessed hundreds of people crammed into rooms and corridors, desperately seeking treatment for malaria and other illnesses that are spreading fast after the country's worst floods in decades.

The emergency ward at the main government hospital in Sehwan, a small town in southern Pakistan, is overwhelmed. On a recent visit, Reuters witnessed hundreds of people crammed into rooms and corridors, desperately seeking treatment for malaria and other illnesses that are spreading fast after the country's worst floods in decades. Amid the crush, Naveed Ahmed, a young doctor in the emergency response department of the Abdullah Shah Institute of Health Sciences, is surrounded by five or six people trying to get his attention. The 30-year-old keeps his cool as stretched emergency services struggle to cope with thousands of patients arriving from miles around after their homes were submerged under water when heavy rains fell in August and September.' Also read | Pakistan International Airlines 'regrets' asking cabin crew to 'wear undergarments', issues clarification "We become so overworked at times that I feel like collapsing and going on an intravenous drip," a smiling Ahmed told Reuters as he sipped a cup of tea in the hospital's canteen during a short break. "But it's because of the prayers of these patients that we keep going." Ahmed is on the frontline of the battle to limit sickness and death across southern Pakistan, where hundreds of towns and villages were cut off by rising waters. The deluge has affected around 33 million people in a country of 220 million. Most of the estimated 300-400 patients arriving at his clinic each morning, many of them children, are suffering from malaria and diarrhoea, although with winter approaching, Ahmed fears other illnesses will become more common. "I hope people displaced by the floods can get back to their homes before winter; (if not) they will be exposed to respiratory illnesses and pneumonia living in tents," he said. Hundreds of thousands of Pakistanis who fled their homes are living in government camps set up to accommodate them, or simply out in the open. Stagnant floodwaters, spread over hundreds of square kilometres (miles), may take two to six months to recede in some places, and have already led to widespread cases of skin and eye infections, diarrhoea, malaria, typhoid and dengue fever. The crisis hits Pakistan at a particularly bad time. With its economy in crisis, propped up by loans from the International Monetary Fund, it does not have the resources to cope with the longer term effects of the flooding. Nearly 1,700 people have been killed in the floods caused by heavy monsoon rains and melting glaciers. Pakistan estimates the cost of the damage at $30 billion, and the government and United Nations have blamed the catastrophe on climate change. Over 340 people have died of diseases caused by the floods, authorities have said. Watch | Pakistan: 25,000 farmers stage protest in Islamabad, ask for fertilisers subsidies Second disaster According to the health department of Sindh province, the worst-affected region, 17,285 cases of malaria have been confirmed since July 1. Anticipating the risk of disease outbreaks after the rescue and relief phase of the floods, the Sindh government is trying to hire more than 5,000 health professionals on a temporary basis in districts most at risk. "We are short of human resources considering the magnitude of the burden of disease following the unprecedented rains and floods," Qasim Soomro, provincial lawmaker and parliamentary health secretary of the Sindh government, told Reuters. The World Health Organization (WHO) has raised concern about an impending "second disaster" of water-borne diseases spreading across the country, particularly in Sindh. In the hospital ward in Sehwan, a young man with a high fever was having fits on a bed outside the main emergency room. His mother ran to Ahmed, who attended the patient and asked a male nurse to place cold pads on his forehead. The air was heavy with humidity, and there were not enough air conditioners to cool temperatures in overcrowded corridors lined with beds. The wards were filled to capacity and a handful of beds had more than one patient on them. Ahmed, a graduate of a university in China, described the pressure he and other medics were under. "With such influx, we ... cannot wait for test results for each patient to start the treatment," he said, adding he begins administering medicine for malaria as soon as he sees some symptoms. The institute in Sehwan serves people from neighbouring towns and districts, including those living in camps while the waters recede and rebuilding can begin. Jagan Shahani's daughter fell unconscious after getting a fever around a week ago. He used a boat to get out of his flooded village of Bhajara and flagged down a car on the nearby road that took them to Sehwan. "Doctors said she had malaria," he said late last week. "This is our fourth night here. There is nothing here to eat but Allah has been very kind to provide everything," added Shahani, whose 15-year-old daughter Hameeda is now recovering. Also read | Pak ex-PM Imran Khan granted pre-arrest bail in female judge threat case On the outskirts of town, hundreds of displaced people queued up for rations being distributed at Lal Bagah, a tent settlement where displaced families prepared tea and breakfast on open fires. The Indus Highway that runs past Sehwan is dotted with tent camps for displaced people. Some are beginning to return home where waters have retreated far enough, but not all are so lucky. "There is no one here to help me but Allah. I pray to Allah that the waters recede in my village and I can return to my home," said Madad Ali Bozdar. Bozdar, 52, is from Bubak, a town located on the north-eastern bank of Manchar Lake. Speaking on Friday, he said his village was still under 10 to 12 feet (3-4 metres) of water. He expected to be able to go back in around two months' time. WATCH WION LIVE HERE

Pakistan: Hospitals overwhelmed as water-borne illnesses spread

Somalia's government said late on Sunday that it had killed Abdullahi Nadir, one of the co-founders of Islamist militant group al Shabaab, in an operation with international partners.

Somali security forces have touted gains made in recent weeks against the al Qaeda-linked group while fighting alongside local self-defence groups. But al Shabaab has continued to conduct deadly raids, including two last Friday that killed at least 16 people.

<a href="https://www.wionews.com/world/somalia-hotel-siege-enters-second-day-at-least-12-dead-till-now-508737">Also read |&nbsp;Somalia: Hotel siege enters second day, at least 12 dead till now</a>

Somalia's information ministry said in a statement that the operation that killed Nadir happened on Saturday. It said he was al Shabaab's chief prosecutor and was in line to replace the group's leader, Ahmed Diriye, who is sick.

"His death is a thorn removed from the Somali nation," the ministry's statement said. "The government is grateful to the Somali people and international friends whose cooperation facilitated the killing of this leader who was an enemy of the Somali nation."

<a href="https://www.wionews.com/world/attack-on-mogadishu-hotel-leaves-several-injured-jihadist-group-al-shabaab-claims-responsibility-508555">Also read |&nbsp;16 killed in attack on Mogadishu hotel; Jihadist group Al-Shabaab takes onus</a>

Al Shabaab insurgents have killed tens of thousands of people in bombings since 2006 in their fight to overthrow&nbsp;Somalia's Western-backed central government and implement its interpretation of Islamic law.

Somalia's President Hassan Sheikh Mohamud, elected by lawmakers in May, has promised to take the fight to the insurgents after three years in which his predecessor, consumed by political infighting, took little action against al Shabaab.

Somalia's military is supported by US&nbsp;troops and drones and an African Union peacekeeping mission. It was not immediately clear which international partners participated in the operation that killed Nadir.

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Somalia's government said late on Sunday that it had killed Abdullahi Nadir, one of the co-founders of Islamist militant group al Shabaab, in an operation with international partners.

Somalia's government said late on Sunday that it had killed Abdullahi Nadir, one of the co-founders of Islamist militant group al Shabaab, in an operation with international partners. Somali security forces have touted gains made in recent weeks against the al Qaeda-linked group while fighting alongside local self-defence groups. But al Shabaab has continued to conduct deadly raids, including two last Friday that killed at least 16 people. Also read | Somalia: Hotel siege enters second day, at least 12 dead till now Somalia's information ministry said in a statement that the operation that killed Nadir happened on Saturday. It said he was al Shabaab's chief prosecutor and was in line to replace the group's leader, Ahmed Diriye, who is sick. "His death is a thorn removed from the Somali nation," the ministry's statement said. "The government is grateful to the Somali people and international friends whose cooperation facilitated the killing of this leader who was an enemy of the Somali nation." Also read | 16 killed in attack on Mogadishu hotel; Jihadist group Al-Shabaab takes onus Al Shabaab insurgents have killed tens of thousands of people in bombings since 2006 in their fight to overthrow Somalia's Western-backed central government and implement its interpretation of Islamic law. Somalia's President Hassan Sheikh Mohamud, elected by lawmakers in May, has promised to take the fight to the insurgents after three years in which his predecessor, consumed by political infighting, took little action against al Shabaab. Somalia's military is supported by US troops and drones and an African Union peacekeeping mission. It was not immediately clear which international partners participated in the operation that killed Nadir. WATCH WION LIVE HERE

Somalia says it killed al Shabaab co-founder

US Defence Secretary Lloyd Austin stated on Sunday (October 2) that he sees no possibility of a Chinese invasion of Taiwan, where the country is attempting to create a "new normal" with military exercises near the South Asian island.

In a conversation with CNN, Austin said, "I don't see an imminent invasion." He further added, "What we do see is China moving to establish what we would call a new normal. Increased activity—we saw a number of centre line crossings of the Taiwan Strait by their aircraft. That number has increased over time. We've seen more activity with their surface vessels and waters in and around Taiwan," Reuters reported.

<a href="https://www.wionews.com/what-is-china-taiwan-conflict-role-of-us-518832">Also read |&nbsp;What is China-Taiwan conflict? And role of United States</a>

Last month, Speaker of the US House of Representatives Nancy Pelosi visited Taiwan, which infuriated China, and it began military drills close to the island. However, these drills were reduced later. In response to these drills, the US and its allies continued their sailing in the region.

Watch |&nbsp;US defense secretary Lloyd Austin sees no imminent invasion of Taiwan by China

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Austin further told CNN that the US would continue to work with its allies and partners to ensure a free and open Indo-Pacific. As per the defence secretary, the United States is currently seeking to restore military communication with China as it is essential for both. Austin further claimed to have had a telephone conversation and met in person with Defence Minister Wei Fenghe of China regarding military communication. He said that they'll do everything to keep sending the message to get those channels open and that he hopes that China will soon cooperate with the US.

<a href="https://www.wionews.com/world/us-sending-dangerous-signals-on-taiwan-chinese-foreign-minister-says-after-one-on-one-talks-with-blinken-519180">Also read |&nbsp;US sending 'dangerous signals' on Taiwan, says Chinese foreign minister after one-on-one talks with Blinken</a>

Since the defeated Republic of China government retreated to Taiwan in 1949 after losing a civil war with the communists, the narrow Taiwan Strait has frequently been the cause of military conflicts.

(With inputs from agencies)

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US Defence Secretary Lloyd Austin stated on Sunday (October 2) that he sees no possibility of a Chinese invasion of Taiwan, where the country is attempting to create a "new normal" with military exercises near the South Asian island.

US Defence Secretary Lloyd Austin stated on Sunday (October 2) that he sees no possibility of a Chinese invasion of Taiwan, where the country is attempting to create a "new normal" with military exercises near the South Asian island. In a conversation with CNN, Austin said, "I don't see an imminent invasion." He further added, "What we do see is China moving to establish what we would call a new normal. Increased activity—we saw a number of centre line crossings of the Taiwan Strait by their aircraft. That number has increased over time. We've seen more activity with their surface vessels and waters in and around Taiwan," Reuters reported. Also read | What is China-Taiwan conflict? And role of United States Last month, Speaker of the US House of Representatives Nancy Pelosi visited Taiwan, which infuriated China, and it began military drills close to the island. However, these drills were reduced later. In response to these drills, the US and its allies continued their sailing in the region. Watch | US defense secretary Lloyd Austin sees no imminent invasion of Taiwan by China Austin further told CNN that the US would continue to work with its allies and partners to ensure a free and open Indo-Pacific. As per the defence secretary, the United States is currently seeking to restore military communication with China as it is essential for both. Austin further claimed to have had a telephone conversation and met in person with Defence Minister Wei Fenghe of China regarding military communication. He said that they'll do everything to keep sending the message to get those channels open and that he hopes that China will soon cooperate with the US. Also read | US sending 'dangerous signals' on Taiwan, says Chinese foreign minister after one-on-one talks with Blinken Since the defeated Republic of China government retreated to Taiwan in 1949 after losing a civil war with the communists, the narrow Taiwan Strait has frequently been the cause of military conflicts. (With inputs from agencies) WATCH WION LIVE HERE

US: Defence Secretary Lloyd Austin sees no 'imminent invasion' of Taiwan by China

The body of renowned US&nbsp;ski&nbsp;mountaineer&nbsp;Hilaree Nelson, who died on&nbsp;Nepal's Manaslu peak, was cremated close to a Buddhist stupa in Kathmandu on Sunday.

Nelson's body was found on the slopes of the world's eighth highest mountain on Wednesday, two days after she disappeared as she was&nbsp;skiing&nbsp;down from its summit.

Monks chanted prayers and played traditional drums as her family and fellow climbers offered flowers and traditional Buddhist scarves on her body.&nbsp;

<a href="https://www.wionews.com/world/renowned-ski-mountaineer-goes-missing-on-nepals-manaslu-mountain-520084">Also read |&nbsp;Renowned ski mountaineer goes missing on Nepal's Manaslu mountain</a>

"The&nbsp;cremation&nbsp;was done today, attended by her brother, other climbers and officials," Jiban Ghimire of Shangri-La&nbsp;Nepal&nbsp;Trek, which organised the expedition, told AFP.

Orange marigolds decorated the&nbsp;cremation&nbsp;area at the foothills of Swayambhu Nath stupa, one of the holiest&nbsp;Buddhist&nbsp;sites in&nbsp;Nepal.&nbsp;

Nelson, 49, was regarded as one of the world's most talented&nbsp;ski&nbsp;mountaineers and had been involved in dozens of expeditions around the world.

A decade ago, she became the first woman to summit both the highest mountain in the world, Everest, and the adjacent Lhotse peak within the span of 24 hours.

Then in 2018, she returned to Lhotse and made the first&nbsp;ski&nbsp;descent of the mountain, and her accomplishments earned her the prestigious National Geographic Adventurer of the Year award that year.&nbsp;

Jim Morrison, who had accompanied Nelson and was able to&nbsp;ski&nbsp;down safely, led the search operations that located her body after bad weather hampered earlier rescue efforts.

Morrison said after the ceremony he would take the ashes home to the United States where Nelson's two children live.

"It should be a beautiful tribute which Hilaree's family and I feel this is how she would want things performed," he said. "Her radiance will continue to affect us all."&nbsp;

Tributes have been pouring from&nbsp;top&nbsp;climbers around the world, thanking her and calling her a pioneering and inspiring adventurer.

<a href="https://www.wionews.com/world/body-of-famous-us-climber-hilaree-nelson-found-on-mt-manaslu-in-nepal-520513">Also read |&nbsp;Body of famous US ski mountaineer Hilaree Nelson found on Mt Manaslu in Nepal</a>

On the day of Nelson's accident, an avalanche hit between Camps 3 and 4 on the 8,163-metre (26,781-foot) mountain, killing Nepali climber Anup Rai and injuring a dozen others who were later rescued.

The deaths of Nelson and Rai are the first confirmed casualties of the autumn climbing season in&nbsp;Nepal.

Constant rain and snow have been a challenge for the 404 paying climbers attempting to reach the summit of Manaslu this year.

Several tents were damaged when another avalanche came hurling down to the Manaslu basecamp on Sunday morning, according to the tourism department, but no deaths have been reported.&nbsp;

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The body of renowned US ski mountaineer Hilaree Nelson, who died on Nepal's Manaslu peak, was cremated close to a Buddhist stupa in Kathmandu on Sunday. Nelson's body was found on the slopes of the world's eighth highest mountain on Wednesday, two days after she disappeared as she was skiing down from its summit.

The body of renowned US ski mountaineer Hilaree Nelson, who died on Nepal's Manaslu peak, was cremated close to a Buddhist stupa in Kathmandu on Sunday. Nelson's body was found on the slopes of the world's eighth highest mountain on Wednesday, two days after she disappeared as she was skiing down from its summit. Monks chanted prayers and played traditional drums as her family and fellow climbers offered flowers and traditional Buddhist scarves on her body. Also read | Renowned ski mountaineer goes missing on Nepal's Manaslu mountain "The cremation was done today, attended by her brother, other climbers and officials," Jiban Ghimire of Shangri-La Nepal Trek, which organised the expedition, told AFP. Orange marigolds decorated the cremation area at the foothills of Swayambhu Nath stupa, one of the holiest Buddhist sites in Nepal. Nelson, 49, was regarded as one of the world's most talented ski mountaineers and had been involved in dozens of expeditions around the world. A decade ago, she became the first woman to summit both the highest mountain in the world, Everest, and the adjacent Lhotse peak within the span of 24 hours. Then in 2018, she returned to Lhotse and made the first ski descent of the mountain, and her accomplishments earned her the prestigious National Geographic Adventurer of the Year award that year. Jim Morrison, who had accompanied Nelson and was able to ski down safely, led the search operations that located her body after bad weather hampered earlier rescue efforts. Morrison said after the ceremony he would take the ashes home to the United States where Nelson's two children live. "It should be a beautiful tribute which Hilaree's family and I feel this is how she would want things performed," he said. "Her radiance will continue to affect us all." Tributes have been pouring from top climbers around the world, thanking her and calling her a pioneering and inspiring adventurer. Also read | Body of famous US ski mountaineer Hilaree Nelson found on Mt Manaslu in Nepal On the day of Nelson's accident, an avalanche hit between Camps 3 and 4 on the 8,163-metre (26,781-foot) mountain, killing Nepali climber Anup Rai and injuring a dozen others who were later rescued. The deaths of Nelson and Rai are the first confirmed casualties of the autumn climbing season in Nepal. Constant rain and snow have been a challenge for the 404 paying climbers attempting to reach the summit of Manaslu this year. Several tents were damaged when another avalanche came hurling down to the Manaslu basecamp on Sunday morning, according to the tourism department, but no deaths have been reported. WATCH WION LIVE HERE

Top US ski mountaineer gets Buddhist cremation in Nepal

Indonesian President Joko Widodo ordered authorities on Sunday to thoroughly re-evaluate security at football matches after a riot and stampede at a stadium in East Java province killed at least 125 people, and left many injured besides loss of property. In other news, Mangalyaan, India's first expedition to Mars, has reached its destination after it has been claimed that the Mars Orbiter Mission (MOM) ran out of propellant, making it challenging to revive in the Red Planet's orbit. Finally, weeks after Queen Elizabeth II's death, Buckingham Palace released the first official portrait of King Charles III with his wife Queen Consort, Camilla, by his side.

Click on the headlines to read more:

<a href="https://www.wionews.com/world/restoration-of-nord-stream-possible-says-russia-deputy-pm-report-521822">Restoration of ruptured Nord Stream pipelines possible, says Russia deputy PM</a>

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/07/21/280861-nord.jpg" />

Russia's Deputy Prime Minister Alexander Novak said on Sunday (October 2) that it was possible to restore the ruptured Nord Stream pipelines, Russia's TASS news agency reported.&nbsp;

<a href="https://www.wionews.com/sports/indonesia-president-orders-security-probe-after-football-stampede-leaves-129-dead-521707">Indonesia president orders security probe after football stampede leaves 125 dead</a>

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/02/300559-indonesia-stampede-3.png" />

An official had earlier said that&nbsp;at least 174 people were killed but the toll was later revised downwards to 125 as officials grappled to collect data of casualties and injured from hospitals where the injured were rushed.&nbsp;&nbsp;

<a href="https://www.wionews.com/world/brazil-voting-begins-to-decide-result-of-bolsonaro-lula-showdown-521806">Brazil: Voting begins to decide result of Bolsonaro-Lula showdown</a>

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/02/300625-brazil-4.jpg" />

One of the polls taken before voting shows former president Lula leading Bolsonaro with 50 per cent of valid votes to 36 per cent.

<a href="https://www.wionews.com/india-news/indias-mangalyaan-mission-comes-to-an-end-with-no-fuel-and-drained-battery-says-sources-521840">India's Mangalyaan mission comes to an end with no fuel and drained battery, says source</a>

<img src="http://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/02/300671-untitled-design-2022-10-02t210811922.png" />

The spacecraft served as proof to show that India is capable of designing, launching, and managing an interplanetary mission.

<a href="https://www.wionews.com//entertainment/new-royal-portrait-featuring-king-charles-camilla-william-and-kate-released-521811">New royal portrait featuring King Charles, Camilla, William and Kate released</a>

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/02/300637-happy-30th-birthday-2022-10-02t191130469.png" />

The picture was taken on the eve of the Queen’s funeral when the Royal family hosted a grand reception for all the world leaders who arrived for the Queen's funeral.&nbsp;

<a href="https://www.wionews.com/photos/in-pics-ugly-scenes-as-129-killed-after-football-match-turns-deadly-in-indonesia-521701">In pics | Ugly scenes as 125 killed after football match turns deadly in Indonesia</a>

<img src="https://cdn.wionews.com/sites/default/files/2022/10/02/300556-indonesia-stampede-2.png" />The supporters of the rival clubs clashed after Surabaya defeated Arema 3-2 in the game which was played at the Kanjuruhan Stadium in Malang,&nbsp;East Java.&nbsp;

<a href="https://www.wionews.com/photos/in-pics-india-pays-tribute-to-mahatma-gandhi-on-his-153rd-birth-anniversary-521830">In pics | India pays tribute to Mahatma Gandhi on his 153rd birth anniversary&nbsp;</a>

<img src="https://cdn.wionews.com/sites/default/files/2022/10/02/300662-untitled-design-2022-10-02t194546323.png" />

This year marks the 153rd birth anniversary of Mohandas Karamchand Gandhi, or Mahatama Gandhi, referred to as the "Father of the Nation." He accomplished all his aims through the actions of satyagraha and peace practice.

<a href="https://www.wionews.com/world/burkina-faso-unrest-intensifies-after-police-forces-fire-tear-gas-on-protesters-521800">Burkina Faso coup: Unrest intensifies as junta leader says he has no intention of giving up powers</a>

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/02/300619-00032kj92g.jpg" />

The most recent upheaval began on Friday after junior military soldiers announced that they had overthrown the current junta leader.

<a href="https://www.wionews.com/sports/red-bulls-sergio-perez-wins-singapore-grand-prix-as-max-verstappen-seventh-521847">Red Bull's Sergio Perez wins Singapore Grand Prix as Max Verstappen finishes seventh</a>

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/02/300675-sergio-perez.png" />

Sergio Perez won a rain-affected Singapore Grand Prix on Sunday meaning his Red Bull teammate Max Verstappen, who finished seventh, must wait at least another week to retain his Formula One world championship.

<a href="https://www.wionews.com//south-asia/paks-ex-pm-imran-khan-granted-pre-arrest-bail-in-contempt-case-521746">Pak ex-PM Imran Khan granted pre-arrest bail in female judge threat case</a>

<img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/02/300584-khan.jpg" />

Judge Mohsin Akhtar Kiyani granted interim pre-arrest bail to Khan until October 7 against a surety bond of Rs 10,000. He has been directed to appear before the relevant court.

&nbsp;

Indonesian President Joko Widodo ordered authorities on Sunday to thoroughly re-evaluate security at football matches after a riot and stampede at a stadium in East Java province killed at least 125 people, and left many injured besides loss of property.

Indonesian President Joko Widodo ordered authorities on Sunday to thoroughly re-evaluate security at football matches after a riot and stampede at a stadium in East Java province killed at least 125 people, and left many injured besides loss of property. In other news, Mangalyaan, India's first expedition to Mars, has reached its destination after it has been claimed that the Mars Orbiter Mission (MOM) ran out of propellant, making it challenging to revive in the Red Planet's orbit. Finally, weeks after Queen Elizabeth II's death, Buckingham Palace released the first official portrait of King Charles III with his wife Queen Consort, Camilla, by his side. Click on the headlines to read more: Restoration of ruptured Nord Stream pipelines possible, says Russia deputy PM Russia's Deputy Prime Minister Alexander Novak said on Sunday (October 2) that it was possible to restore the ruptured Nord Stream pipelines, Russia's TASS news agency reported. Indonesia president orders security probe after football stampede leaves 125 dead An official had earlier said that at least 174 people were killed but the toll was later revised downwards to 125 as officials grappled to collect data of casualties and injured from hospitals where the injured were rushed. Brazil: Voting begins to decide result of Bolsonaro-Lula showdown One of the polls taken before voting shows former president Lula leading Bolsonaro with 50 per cent of valid votes to 36 per cent. India's Mangalyaan mission comes to an end with no fuel and drained battery, says source The spacecraft served as proof to show that India is capable of designing, launching, and managing an interplanetary mission. New royal portrait featuring King Charles, Camilla, William and Kate released The picture was taken on the eve of the Queen’s funeral when the Royal family hosted a grand reception for all the world leaders who arrived for the Queen's funeral. In pics | Ugly scenes as 125 killed after football match turns deadly in Indonesia The supporters of the rival clubs clashed after Surabaya defeated Arema 3-2 in the game which was played at the Kanjuruhan Stadium in Malang, East Java. In pics | India pays tribute to Mahatma Gandhi on his 153rd birth anniversary This year marks the 153rd birth anniversary of Mohandas Karamchand Gandhi, or Mahatama Gandhi, referred to as the "Father of the Nation." He accomplished all his aims through the actions of satyagraha and peace practice. Burkina Faso coup: Unrest intensifies as junta leader says he has no intention of giving up powers The most recent upheaval began on Friday after junior military soldiers announced that they had overthrown the current junta leader. Red Bull's Sergio Perez wins Singapore Grand Prix as Max Verstappen finishes seventh Sergio Perez won a rain-affected Singapore Grand Prix on Sunday meaning his Red Bull teammate Max Verstappen, who finished seventh, must wait at least another week to retain his Formula One world championship. Pak ex-PM Imran Khan granted pre-arrest bail in female judge threat case Judge Mohsin Akhtar Kiyani granted interim pre-arrest bail to Khan until October 7 against a surety bond of Rs 10,000. He has been directed to appear before the relevant court.

Top 10 world news: Russia hints possible Nord Stream restoration, Brazil elections, and more

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