Budget inputs among secret files stolen from ministries

February 21, 2015

New Delhi, Feb 21: Draft papers for the Union Budget to be presented on February 28, government documents on ONGC Videsh and, petroleum and natural gas opportunities in Sri Lanka are among the highly classified files stolen from the offices of the Petroleum and Natural Gas Ministry in central Delhi’s Shastri Bhawan.

Stolen ministries

On Friday, police arrested seven more people in the case related to corporate espionage. Former journalist Santanu Saikia, energy consultant Prayas Jain, Shailesh Saxena of Reliance Industries, Vinay Kumar of Essar, K K Naik of Cairn India, Subhash Chandra of Jubilant Energy and Rishi Anand of Reliance Anil Dhirubhai Ambani Group were also arrested.

Saikia is associated with an energy portal Indianpetro. com, while Jain is associated with an oil and gas firm based in New Delhi and Melbourne. Others have been accused of buying the leaked documents, analysing them and selling them off to corporate houses. The arrests in the case made by police have reached 12.

Chief Metropolitan Magistrate Sanjay Khanagwal of the Patiala House Court in central Delhi remanded Shantanu, Prayas, Lalta and Rakesh in the custody of the crime branch until February 23. The remaining accused have been sent to 14-day judicial custody.

The crime branch on Friday took some of the accused to Shastri Bhawan as part of its investigation. Police told the court that Santanu and Prayas gave Rs 70,000 to Lalta and Rakesh every month for procuring the documents. “Lalta and Prayas were on their pay role,” police told court.

The documents were shared with corporate houses and had details of policies related to oil pricing as well as imports. The FIR filed by crime branch police on Wednesday said the documents were recovered from Lalta Prasad and his brother Rakesh Kumar. “Seven documents were recovered from a black bag carried by Lalta, while nine documents were recovered from a brown envelope carried by Rakesh on February 17,” said Joint Commissioner of Delhi Police (Crime) Ravindra Yadav.

Others have been accused of buying the leaked documents, analysing them and selling them off to corporate houses. The arrests in the case made by police have reached 12.

Chief Metropolitan Magistrate Sanjay Khanagwal of the Patiala House Court in central Delhi remanded Shantanu, Prayas, Lalta and Rakesh in the custody of the crime branch until February 23. The remaining accused have been sent to 14-day judicial custody.

The crime branch on Friday took some of the accused to Shastri Bhawan as part of its investigation. Police told the court that Santanu and Prayas gave Rs 70,000 to Lalta and Rakesh every month for procuring the documents. “Lalta and Prayas were on their pay role,” police told court.

The documents were shared with corporate houses and had details of policies related to oil pricing as well as imports.

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News Network
July 1,2020

Jul 1: Gold prices in India hit an all-time high on Wednesday, tracking a global rally, as surging coronavirus cases in many countries raised the metal's safe-haven appeal.

Local gold futures hit an all-time high of Rs 48,871 ($646.66) per 10 grams in early trade, taking their gains to 25% in 2020 so far. The contract had gained nearly 25% in 2019.

However, this dampened the retail demand for gold in India, the world's second-largest consumer of the precious metal.

"Retail demand is negligible. Buyers are postponing purchases anticipating a correction in prices," said a Mumbai-based bank dealer with a bullion importing bank.

In thin trade, dealers were offering a discount of up to $22 an ounce over official domestic prices on Wednesday afternoon, up from the last week's $18. The domestic price includes a 12.5% import tax and 3% sales tax.

The country's gold imports in May plunged 99% from a year earlier as international air travel was banned and jewellery shops were closed amid a nationwide lockdown to curb the spread of coronavirus.

In overseas market, spot gold firmed near an eight-year peak on Wednesday, as a spike in coronavirus cases in the United and States and many other countries has cast a shadow on hopes for a quicker global economic recovery, driving inflows into safe-haven assets.

According to a latest Reuters tally, the coronavirus has infected more than 10.48 million people worldwide so far.

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News Network
June 20,2020

New Delhi, Jun 20: With the highest single-day increase of 14,516 COVID-19 cases reported in the last 24 hours, India's coronavirus count stood at 3,95,048 on Saturday.

The death toll has gone up to 12,948 in the country with 375 persons succumbing to the infection.

According to the Union Ministry of Health and Family Welfare, the total number of cases includes 1,68,269 active cases, 2,13,831 cured/discharged/migrated and 12,948 deaths.

Maharashtra with 1,24,331 cases continues to be the worst-affected state in the country with 55,665 active cases while 62,773 patients have been cured and discharged in the state so far. The death toll due to COVID-19 stands at 5,893 in the state.

The number of confirmed cases in Tamil Nadu also crossed the 50 thousand mark on Saturday and reached 54,449.

The national capital is the third-worst affected by the infection in the country with the count reaching 53,116 today.

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News Network
May 19,2020

New Delhi, May 19: In a fresh blow to saffronite journalist Arnab Goswami, the Supreme Court of India today rejected his plea seeking transfer of the investigation of a case, filed against him for defaming Congress interim president Sonia Gandhi, to the CBI. The court also refused to quash the FIRs filed against him.

Goswami, editor-in-chief of Republic TV, has been booked in connection with a TV show on the gathering of migrants outside Bandra railway station on April 14. This apart, multiple FIRs have been filed against him for his show on Palghar lynching. In that show, he had posed certain questions on the incident to Congress President Sonia Gandhi, following which Congress workers lodged complaints against him in various states.

Extending Goswami’s interim protection from arrest by three weeks, the Supreme Court said, “Right of a journalist under 19 1 (a) higher…Free citizens can’t exist if news media can’t speak.”

During the earlier hearing, Senior Advocate Harish Salve, appearing for Goswami, had urged the court to transfer the probe to an agency like CBI. He said the “nature of the” second FIR against Goswami over a show on the migrant gathering outside Bandra station on April 14 “shows that it’s arm-twisting tactic”. 

“They are trying to stifle an unpleasant voice. This is a political party targeting a journalist. All complainants are members of one political party. They have a problem with the government. They want to teach this journalist a lesson,” he added.

Objecting to Salve’s plea to transfer the case to the CBI, Maharashtra government counsel, Senior Advocate Kapil Sibal, had said, “CBI investigation will go into your hands”. 

Sibal denied that Goswami was being harassed and said he was only asked relevant questions. He said Goswami should “stop this communal violence and communal mongering”.

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