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
January 22,2020

New Delhi, Jan 22: The BJP on Wednesday cited statements of several opposition leaders to accuse them of "abusing" Hindus for their appeasement politics and referred to the Congress as "Muslim League Congress".

Seeking apologies from Congress president Sonia Gandhi and NCP chief Sharad Pawar, BJP spokesperson Sambit Patra said leaders of these parties have used the ongoing protests against the amended citizenship law to "abuse" Hindus.

Chavan has said in a public meeting that the Congress decided to join hands with the Shiv Sena to form government in Maharashtra as Muslims wanted the party to stop the BJP, Patra stated, claiming that it shows the opposition party has nothing to do with people belonging to other religions, including Hindus.

Patra also referred to a statement from an NCP leader to attack the opposition.

Asked about Congress leader Mallikarjun Kharge's reported jibe at the RSS for its "non-participation" in the freedom movement, the BJP leader shot back, asking if parents of Sonia Gandhi, who is of Italian origin, had fought in India's independence struggle.

The Indian National Congress, he said referring to the opposition party's full name, should be called "Muslim League Congress".

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Keshu
 - 
Thursday, 23 Jan 2020

LOL...this is a waste body

This guy cannot even debate with Kanaiah kumar.

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News Network
June 23,2020

New Delhi, Jun 23: In an unexpected development, the pump price of diesel is all set to surpass the petrol price in the capital, making it the most expensive transport fuel for the first time in a long time.

Globally, diesel is priced slightly above petrol prices due to the very nature of the product that has a higher cost of production. But in India, due to the lopsided taxation structure, diesel attracts lesser of the tax between the two auto fuels keeping its prices lower than petrol for last several years.

Diesel is currently priced at Rs 79.40 a litre in the Capital, just 36 paise short of petrol price that is being retailed at Rs 79.76 a litre. Going by the trend of price movement in the two products for the last few days where diesel prices have consistently increased by 50-60 paise per litre while the daily increase in petrol prices have fallen to just 20 paise on Tuesday, it is set to surpass petrol prices in next few days.

"Diesel price movement is sharper in international market and if oil companies follow the global price trend, diesel prices will surpass that of petrol later this week. It will be after many years that this would happen and is expected to sustain for some time unless government changes the tax structure of the petroleum products again," said an oil sector expert from one of the big four audit and advisory firms asking not to be named.

Interestingly, even in India the base price of diesel is expensive than petrol. According to the Indian Oil Corporation (IOC), while the base price of petrol in Delhi currently comes to Rs 22.11 per litre, the same for diesel is higher at Rs 22.93 per litre (effective from June 16, 2020). This has been the case for a long time, but retail price of petrol can be higher than diesel due to central and state taxes.

What has now brought diesel prices to a whisker of petrol prices in the capital is the Delhi government's decision early May to increase the Value Added Tax on diesel from 16.75 per cent to 30 per cent and on petrol from 27 per cent to 30 per cent. This increased the retail price of diesel and petrol in Delhi by Rs 7.10 and Rs 1.67 a litre respectively. With Central taxes on the two products already reaching identical levels, the Delhi governments move hastened price parity between petrol and diesel.

Currently, the Central excise on petrol is Rs 32.98 a litre while that on diesel it is Rs 31.83 a litre. The VAT on petrol in Delhi is Rs 17.71 a litre and that on diesel is Rs 17.60 a litre.

While the movement of retail pricing is being seen with a sigh of relief by vehicle owners whose cars run on petrol, those buying the relatively expensive diesel cars are now repenting on their decision. The development is also being seen with caution by automobile companies who have spent millions to ramp up their facilities for diesel run vehicles. The expectation is that demand for such cars will now fall, causing more damage to companies where sales are already impacted due to persistent economic slowdown and now the spread of COVID-19 pandemic.

"The pricing development would push automobile companies to strategies being followed by companies in the western markets where diesel run cars are not sold on fuel pricing differential, but on overall make and quality that puts them ahead of petrol run cars," the expert quoted earlier.

Yes, but for commercial vehicle sector the rising price of diesel had not been welcomed. In fact, the commercial transport sector had time an again threatened strike against the move to raise fuel prices.

With petrol and diesel retail prices closing, the case for adultering fuel has also gone down much to the relief of vehicle owners.

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April 4,2020

Kochi, Apr 4: France on Saturday evacuated 112

French citizens stranded in Kerala and Tamil Nadu in a special Air India flight, official sources said here.

The Embassy of France had made a request to the Kerala government to facilitate the journey of the French citizens stranded due to the lockdown announced by the central government to prevent the spread of novel coronavirus.

The French citizens, mostly tourists and those who came for Ayurvedic treatment, were brought here by the state tourism department 24 days ahead of their trip.

They underwent a medical examination before boarding the flight for Paris from Cochin International Airport at 08.13 am on Saturday, officials said.

The Air India flight was chartered by the French government for evacuating its citizens in various cities in India including Kochi, Bengaluru and Mumbai.

On Friday, Gulf nation Oman had evacuated its 46 citizens stranded in Kochi in an Oman Air flight.

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