Bihar polls: BJP likely to fight 170 seats, offer 73 to allies

September 11, 2015

New Delhi, Sep 11: The BJP has decided to contest 170 seats in the Bihar assembly polls -- a major chunk in the 243-member house -- leaving 73 seats for its three allies -- LJP, HAM and RLSP, sources here said on Thursday.

Bihar pollsA maximum of 40 seats was likely to go to Ram Vilas Paswan's Lok Janshakti Party, followed by 20 seats to Upendra Kushwaha's Rashtriya Lok Samta Party, and 13 seats to former chief minister Jitan Ram Manjhi's Hindustani Awam Morcha (Secular), according to informed sources.

Sources said the offer has not gone down well with Kushwaha and Manjhi, though they have publicly refrained from conveying their unhappiness.

Union minister Ananth Kumar, who is election in-charge of Bihar, held meetings with Kushwaha and Manjhi separately at his official residence here on Thursday and discussed the seat-sharing formula.

The meetings were also attended by the Bharatiya Janata Party's general secretary in-charge of Bihar Bhupendra Yadav.

According to sources, the BJP has decided a broad formula in which each party will have 6-7 assembly seats in its share for every parliamentary constituency in its kitty.

However, this was opposed by Manjhi as his party has no parliament member, and pitched for seats as per numbers in the present assembly.

Manjhi has 13 MLAs whereas Paswan has no members in the assembly.

As per the formula, the BJP, which has 22 MPs in Bihar, was likely to get around 170 seats.

Paswan's LJP with six MPs was likely to get around 40 seats and Kushwaha's RLSP with three MPs was likely to get around 20 seats.

The BJP has offered 13 seats to Manjhi as his party has 13 MLAs.

Sources said Kushwaha and Manjhi on Thursday got irked with the number of seats offered to them. However, they avoided to air their views in public.

Meanwhile, the RLSP authorised BJP president Amit Shah to take a final call on seat sharing.

"A letter has been written to Amit Shah that he should decide the seat sharing at the earliest. We hope that the BJP would do justice to the seat sharing, keeping all the parties in view. We will accept the decision taken by the BJP," Kushwaha said, soon after meeting Ananth Kumar.

"Whenever such talks take place, it takes time," he added.

Manjhi also reposed confidence in Prime Minister Narendra Modi and Shah.

"Whatever decision the prime minister and the BJP president take, it will be okay with us. We have decided that whatever is in favour of Bihar and the NDA, that route will be taken," said Manjhi.

Ananth Kumar said the decision over seat sharing between the BJP and its allies would be taken in the next 2-3 days.

"We are holding talks with our allies. The seat sharing will be very respectable. We will contest the elections together and will win it," he said.

According to sources, the seat sharing announcement will be made in Patna after convening a meeting of the NDA leaders in a day or two.

Polls to the 243-member Bihar assembly will be held in five phases starting on October 12 and ending on November 5. Counting of votes will take place on November 8.

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Agencies
July 7,2020

India's COVID-19 tally raced past the seven lakh-mark with 22,252 fresh infections on Tuesday, five days after crossing the six lakh post, while the death toll climbed to 20,160 as 467 more people succumbed to the disease, according to the Union health ministry.

With this, the country has recorded over 20,000 cases of the infection for the fifth consecutive day.

India's coronavirus infection caseload stands at 7,19,665, the ministry's data updated at 8 am showed.

With a steady rise, the number of recoveries stands at 4,39,947, while there are 2,59,557 active cases of coronavirus infection in the country.

"Thus, around 61.13 % of patients have recovered so far," an official said.

The total number of confirmed cases also includes foreigners.

Of the 467 deaths reported in the last 24 hours, 204 are from Maharashtra, 61 from Tamil Nadu, 48 from Delhi, 29 from Karnataka, 24 from Uttar Pradesh, 22 from West Bengal, 17 from Gujarat.

Telangana and Haryana reported 11 deaths each; Madhya Pradesh nine; Andhra Pradesh seven; Jammu and Kashmir six; Rajasthan and Punjab five each; Bihar, Kerala and Odisha two each; and Arunachal Pradesh and Jharkhand one each.

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Agencies
June 2,2020

Singapore, Jun 2: Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negative outlook.

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, volatile oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets, said Moody's.

The Indian banking sector has been affected given the disruptions to India's economic activity from the coronavirus outbreak, which is weakening borrowers' credit profiles, it added.

The 11 lenders include Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Export-Import Bank of India, HDFC Bank, Indian Overseas Bank, IndusInd Bank, Punjab National Bank, State Bank of India and Union Bank of India.

The 11 non-finance companies are Oil and Natural Gas Corporation, Hindustan Petroleum Corporation, Oil India, Indian Oil Corporation, Bharat Petroleum Corporation, Petronet LNG, Tata Consultancy Services, Infosys, Reliance Industries, UPL Corporation and Genpact.

The 11 infrastructure companies are NTPC, NHPC, National Highways Authority of India, Power Grid Corporation, Gail India, Adani Green Energy Restricted Group (RG-2), Adani Transmission Restricted Group, Adani Ports and Special Economic Zone, Adani Transmission, Adani Electricity Mumbai and Azure Power Solar Energy.

The four Indian government-related issuers are Indian Railway Finance Corporation, Housing and Urban Development Corporation, Power Finance Corporation and REC Ltd.

"Government-related issuers in India have been affected because of disruptions to India's economy which will weaken borrowers' credit profiles," said Moody's.

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News Network
May 10,2020

May 10: Delhi recorded five more deaths due to coronavirus, while 381 fresh cases of the virus were reported, the city government said on Sunday.

With the fresh cases, the virus tally in the national capital has climbed to 6,923.

Between midnight of May 8 and midnight of May 9, five fresh fatalities due to the virus were reported, taking the death toll to 73, the government said in its health bulletin.

While there are 4,781 active cases of the virus in the city, 2069 patients have so far recovered from COVID-19.

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