'BJP not unbeatable': Chidambaram on 'mandate' to JMM-Cong alliance

News Network
December 24, 2019

Chennai: Congress leader P Chidambaram on Monday thanked the people of Jharkhand for giving an "overwhelming mandate" to the Congress-JMM alliance and said that BJP was not unbeatable.

"We are very happy and we congratulate and thank the people of Jharkhand for giving the JJM-Congress alliance an overwhelming mandate. This is a resounding victory. We are very very happy. Please remember, in the last three months, the BJP was dented in Haryana, denied in Maharashtra and now defeated in Jharkhand," he said while addressing a press conference here.

The Congress leader stressed that BJP is not unbeatable and said that the ruling party at the Centre can be defeated if all Opposition parties rally together.

"The BJP is not unbeatable. If all opposition parties rally together and understand the dangers faced by the country and come together...surely the BJP can be defeated. And the BJP will be defeated in future elections also," said Chidambaram.

Talking about the rally against the Citizenship Amendment Act and NRC, under the leadership of DMK, Chidambaram said, "Students, youth joined in large numbers. This is the kind of solidarity that has to be shown when there is a grave threat to the Constitution of India."

The Congress leader asserted that "challenge before us is no small challenge" and said, "It is a very fundamental challenge to the very idea of India. It is a challenge to the Constitution given to us by Mahatma Gandhi, Jawahar Lal Nehru and Babasaheb Ambedkar."

"In order to confront this challenge and defeat this challenge, we must remain united and we must fight the BJP and its agenda resolutely," noted Chidambaram.

Referring to the Sri Lankan Tamils, Myanmar Rohingyas and Pakistani Ahmadiyas as among the most persecuted minorities in the whole world, Chidambaram said, "And yet the Home Minister says is there any evidence they have been targeted. I am surprised."

"The Prime Minister said -- we have not given any thought to NRC. We have not made any preparation for NRC. We have never said NRC will be implemented throughout the country -- What is he saying? Why don't you fact check the Prime Minister?" the Congress leader questioned.

JMM-led alliance, which includes Congress and RJD, on Monday won an absolute majority in the Jharkhand elections by winning 47 seats in 81-member assembly. The alliance defeated the BJP which won 25 seats.

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News Network
June 11,2020

New Delhi, Jun 11: Petrol and diesel prices on Thursday were hiked by 60 paise per litre each - the fifth straight daily increase in rates since oil PSUs ended an 82-day hiatus in rate revision.

Petrol price in Delhi was hiked to Rs 74 per litre from Rs 73.40 while diesel rates were increased to Rs 72.22 a litre from Rs 71.62, according to a price notification of state oil marketing companies.

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

This is the fifth daily increase in rates in a row since oil companies on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus.

In five hikes, petrol price has gone up by Rs 2.74 per litre and diesel by Rs 2.83.

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Agencies
March 8,2020

Mumbai, Mar 8: A day after the Enforcement Directorate registered a money laundering case against Yes Bank founder Rana Kapoor and raided his premises, he was taken to the agency's office in Mumbai on Saturday for further questioning.

Kapoor, who was grilled by central agency's officials on Friday night at his Samudra Mahal residence in Mumbai, was shifted to the ED office in the metropolis around 12.30 pm.

ED officials said Kapoor was questioned throughout the night, with some rest time.

A senior ED official connected with the probe told IANS: "Kapoor will be questioned about Yes Bank loans to Dewan Housing Finance Limited (DHFL)."

The official said that during searches a lot of incriminating documents were found and the agency wanted to grill him on his links with DHFL promoters and other companies.

Kapoor's alleged role in the disbursal of loan to a corporate entity and kickbacks reportedly received in his wife's bank account are also under probe.

The ED had filed the money laundering case against Kapoor and raided his residence, apart from issuing a look-out circular so that he does not flee the country.

The ED registered a money laundering case against Kapoor as a continuation of its probe against the DHFL wherein it was allegedly found that Rs 12,500 crore was diverted to 80 shell companies using one lakh fake borrowers. The transactions with these shell companies date back to 2015.

An ED official in New Delhi told IANS that the DHFL probe revealed that funds diverted by the DHFL originated from Yes Bank.

He said that the searches at Kapoor's residence on Friday night were meant to find out any irregularity in grant of loans to the DHFL by the Yes Bank.

The ED has accused Kapil and Dheeraj Wadhawan of DHFL of purchasing shares in five firms -- Faith Realtors, Marvel Township, Abe Realty, Poseidon Realty, and Random Realtors -- after which they were amalgamated with Sunblink.

The outstanding loans of these five firms, totalling around Rs 2,186 crore till July 2019, were allegedly appropriated onto the books of Sunblink to cover up the diversion of loans acquired from DHFL.

The ED's action comes after the RBI superseded Yes Bank Board for 30 days and appointed an administrator, putting a cap of Rs 50,000 on withdrawals by account holders for a month.

The RBI said that the bank's board was superseded "owing to serious deterioration in the financial position of the bank".

Former SBI CFO Prashant Kumar was appointed as administrator of Yes Bank, which has over 1,000 branches and 1,800-plus ATMs across the country.

On Thursday, Union Finance Minister Nirmala Sitharaman said that the bank was on watch since 2017 and developments relating to it were monitored on a day-to-day basis.

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News Network
March 31,2020

Srinagar, Mar 31: In order to prevent the spread of coronavirus, the Jammu and Kashmir administration on Tuesday declared 20 villages of Kashmir division as 'red zone'.
"20 villages including Parray Mohala Hajin, Chandergeer Hajin, Batagund Hajin in Bandipora district, Gudoora, Chandgam, Pinglena, Parigam, Abhama, Sangerwani and Khaigam in Pulwama district, Waskura in Ganderbal, Sedew, and Ramnagri in Shopian district have been declared as red zones," said Department of Information and Public Relations, J-K, in a tweet.

In Srinagar district, Mehjoor Nagar, Natipora, Lal Bazar, Eidgah and Shalteng villages have been declared as red zones.

"Chadoora in Budgam district of Kashmir division has also been declared as red zone," another tweet said.

The total number of COVID-19 cases in Jammu and Kashmir climbed to 49 after 11 more people tested positive in the Union Territory on Monday. While three of these cases were reported from Jammu region, eight were from the Kashmir division.

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