Record 76 pc polling in Haryana, 64 in Maharashtra

October 16, 2014

New Delhi, Oct 16: Haryana witnessed an “all-time high” voter turnout in the Assembly elections held on Wednesday as the electors made a last-hour dash to seal the fate of a total of 1,351 candidates in the fray. Voting, however, was moderate in Maharashtra, where 4,110 candidates are facing a tough contest.

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Of the total 1,61,58,117 voters, 76 per cent exercised their franchise at 16,320 polling stations in 90 Assembly constituencies spread over 21 districts of Haryana. In Maharashtra, the turnout was pegged at 64 per cent. Deputy Election Commissioner Sudhir Tripathi, describing the voter turnout as “moderate” in the state, said it was 54.5 per cent till 5 pm.

Haryana had witnessed 72.65 per cent voter turnout in 1968. In the last Assembly elections, the turnout was 68 per cent. In the 16th Lok Sabha elections in May, the state witnessed 71.86 per cent voters exercising their franchise.

A total of 288 Assembly seats in Maharashtra and 90 in Haryana went to polls. The counting of votes will be held on October 19.

As the voting closed, exit polls gave the BJP an edge in both Maharashtra and Haryana where Prime Minister Narendra Modi campaigned extensively. In Maharashtra, the BJP was miles ahead of its opponents, including its erstwhile ally Shiv Sena, though only one exit poll gave it an absolute majority.

Today’s Chanakya, which made accurate predictions during the Lok Sabha polls, gave the BJP 151 seats, six seats more than the majority mark of 145 seats, while Times Now-CVoter gave the party 129, ABP-Nielsen 127 and India-Today-Cicero 117-131. In Haryana too, the exit polls gave the BJP a lead with Today’s Chanakya predicting 52 seats in a house of 90, CVoter 37 and Nielsen 46. Stakes of the BJP were high in both the states.

According to the Election Commission, the polling passed off peacefully in both Maharashtra and Haryana, barring a few incidents of clashes. Maoists attacked a polling party and security forces at two different locations in Gadchiroli district. One Central Reserve Police Force (CRPF) personnel was wounded in an exchange of fire with Maoists which followed a claymore mine blast at Maskipalli in Chamorshi tehsil in Gadchiroli.

“The attacks did not affect polling. The injured CRPF jawan has been sent to Nagpur for treatment,” Tripathi said.

In Haryana, poll authorities had to replace 30 electronic voting machines (EVMs), 15 EVMs with Voter Verifiable Paper Audit Trail (VVPATs) following some technical glitches, the EC said.

Both the states witnessed a downpour of black money during elections. Director General, Election Commission, P K Dash said more than Rs 17.92 crore in cash, highest ever, was seized during elections in Maharashtra. The authorities also seized 4.61 lakh litres liquor worth Rs 10.19 crore.

In Haryana, Rs 3.10 crore was seized in cash during polls and over 1.82 lakh litres liquor worth Rs 2.69 crore.

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 - 
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News Network
February 17,2020

New Delhi, Feb 17: Indian officials denied entry to British lawmaker Debbie Abrahams on Monday after she landed at New Delhi's Indira Gandhi International Airport.

Debbie Abrahams, a Labour Party Member of Parliament who chairs a parliamentary group focused on the Kashmir, was unable to clear customs after her valid Indian visa was rejected, her aide, Harpreet Upal, told The Associated Press.

Abrahams and Upal arrived at the airport on an Emirates flight from Dubai at 9 am. Upal said the immigration officials did not cite any reason for denying Abrahams entry and revoking her visa, a copy of which, valid until October 2020, was shared with the AP. A spokesman for India's foreign ministry did not immediately comment.

Abrahams has been a member of Parliament since 2011 and was on a two-day personal trip to India, she said in a statement.

"I tried to establish why the visa had been revoked and if I could get a 'visa on arrival' but no one seemed to know," she said in the statement.

"Even the person who seemed to be in charge said he didn't know and was really sorry about what had happened. So now I am just waiting to be deported ... unless the Indian Government has a change of heart. I'm prepared to let the fact that I've been treated like a criminal go, and I hope they will let me visit my family and friends."

Abrahams has been an outspoken critic of the Indian government's move last August stripping Jammu and Kashmir of its semi-autonomy and bifurcating the state into two Union Territories.

Shortly after the changes to Kashmir's status were passed by Parliament, Abrahams wrote a letter to India's High Commissioner to the UK, saying the action "betrays the trust of the people" of Kashmir.

India took more than 20 foreign diplomats on a visit to Kashmir last week, the second such trips in six months.

Access to the region remains tight, with no foreign journalists allowed.

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News Network
February 9,2020

New Delhi, Feb 9: Calling India a "long-standing friend", Sri Lankan Prime Minister Mahinda Rajapaksa on Saturday thanked Prime Minister Narendra Modi for visiting his country in the aftermath of last year's Easter Sunday terror attacks and outlined that New Delhi has always helped Colombo in its fight against terrorism.

In a joint press briefing with PM Modi, Mahinda Rajapaksa said he hopes that India will continue to help Sri Lanka fight terrorism.

Mahinda Rajapaksa expressed his gratitude to PM Modi for the neighbourhood first policy and the priority India gives to Sri Lanka.

"We had agreed that our cooperation is multifaceted and priority is given to a number of areas including security, economy, culture and social sectors. Part of our discussions centered on cooperation with regard to the security of the two countries. India has always assisted Sri Lanka to enhance our capacity, capabilities in intelligence and counter-terrorism. We look forward to getting continued support in this regard," he said.

"I thank the Prime Minister for visiting Sri Lanka in the aftermath of the Easter Sunday terror attacks that provided us with immense strength to come to terms with the tragedy. We also appreciate Prime Minister Modi's $400 million line of credit to enhance the economy of Sri Lanka and another $50 million line of credit for fighting terrorism," he added.

The Sri Lankan president urged PM Modi to consider further assistance to expand housing projectS all over Sri Lanka to benefit people from rural areas.

"The Prime Minister and I discussed how Sri Lanka and India can work together in the field of economy. India is among the world's fastest growing economies. I discussed with PM Modi how Sri Lanka could benefit from certain economic sectors where India is in a strong position," he said.

Concluding his statement, Mahinda Rajapaksa said, "India is our closest neighbour and a long-standing friend. The close historical links...provided a solid foundation to our ties."

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Agencies
March 15,2020

Financially troubled Yes Bank on Saturday reported a standalone net loss of ₹ 18,560.31 crore for the third quarter of the financial year 2019-20. This is amongst the biggest losses reported by the India Inc.

At present, the private lender is under a moratorium and is controlled by the office of the administrator appointed by the RBI.

The bank had reported a net profit of ₹1,001.85 crore during the corresponding period of the previous financial year.

Besides, the bank's total income fell to Rs 6,268.50 crore from Rs 8,849.81 crore earned during the October-December quarter of the previous fiscal.

On consolidated basis, Yes Bank reported a net loss of ₹18,564.24 crore for the December quarter from a net profit of Rs 1,000.57 crore in the corresponding period of the previous fiscal.

The independent auditor's review report on the consolidated results pointed out that there is a "material uncertainty related to going concern" of the bank.

"The said assumption of going concern is dependent upon the degree of success of the final reconstruction scheme, the quantum of capital infused into the bank and the bank's ability to stabalise its deposit balances post withdrawal of the moratorium by the RBI. Our conclusion is not modified in respect of this matter," the auditor said.

Furthermore, the bank recognised additional loans of ₹ 5,150.2 crore as NPAs and related provisioning requirements of ₹772.5 crore for the quarter ended December 31, 2019.

The bank has recognised an additional provisions of ₹15,422.0 crore in the quarter ended December 31, 2019.

Last week, the RBI placed Yes Bank under moratorium and capped the withdrawal limit at ₹50,000 till next Wednesday.

Additionally, the central bank also superseded Yes Bank's board of directors and appointed former SBI CFO Prashant Kumar as its administrator.

Meanwhile, Kumar has been appointed as the new Chief Executive Officer of the financially troubled lender. He will take over his new responsibilities once the moratorium on the stressed lender is lifted on Wednesday.

Apart from Kumar, Sunil Mehta, former non-executive Chairman of Punjab National Bank, will take over as the non-executive Chairman of Yes Bank.

Other board members include Mahesh Krishnamurthy and Atul Bheda, both as non-executive Directors.

Additionally, six private lenders have joined the SBI to rescue Yes Bank with Federal Bank committing ₹300 crore by subscribing to 30 crore shares of ₹2 each at a premium of ₹8 per equity share.

The six private lenders have now committed an investment of ₹3,700 crore in the cash-strapped private sector bank.

On Friday, ICICI Bank and Housing Development Finance Corporation (HDFC) Ltd had announced that they will be investing ₹1,000 crore each in Yes Bank's equity. Axis Bank and Kotak Mahindra Bank will be investing ₹ 600 crore and ₹500 crore, respectively, while Bandhan Bank will invest ₹300 crore.

The SBI board has already approved up to 49 per cent stake purchase in Yes Bank, as per the RBI's reconstruction scheme for the lender. It had said on Thursday that an investment of ₹7,250 crore would be made in Yes Bank to pick up₹ 725 crore equity shares.

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