BJP activist shot dead in West Bengal's North 24 Parganas district

Agencies
May 27, 2019

New Delhi, May 27: A Bharatiya Janata Party (BJP) worker was shot dead in North 24 Parganas district of West Bengal on Sunday night. Chandan Shaw, 24, was shot dead by unidentified assailants last night while he was driving a two-wheeler.

The murder has made the area tense leading to the deployment of security forces in the area.

Post-poll violence has continued in various parts of West Bengal. Earlier, reports of an attack on a state minister's convoy, beating up of ruling Trinamool Congress (TMC) workers and ransacking party offices allegedly by BJP workers came in.

On Sunday, Forest Minister Binay Krishna Burman's convoy was attacked by those allegedly belonging to the BJP following which he was rescued by police who rushed to the place, police said.

Violent incidents were also reported from Dinhata in Coochbehar, Paharpur in Jalpaiguri and Gangarampur Dakshin Dinajpur, sources in the state police department said.

Extra police forces have been sent to Bhatpara and Kankinara in North 24 Parganas district following a clash between TMC and BJP workers, a senior police officer said.

West Bengal witnessed a saffron surge in the 2019 Lok Sabha polls as the BJP inflicted a blow to ruling TMC by winning 18 of total 42 Lok Sabha seats in the state. The TMC managed to get 22 seats.

Both the TMC and the BJP have blamed each other for the violence in the state. In another incident, a close aide of BJP leader Smriti Irani was also shot dead in Uttar Pradesh's Amethi on Sunday. The family members of the deceased have put the blame of Congress workers.

Comments

kumar
 - 
Monday, 10 Jun 2019

BJP is burning West Bengal which is resulting in getting common people killed .  Politicians are provoking commong people for riot thereby to get sympathy and political benefit.   BJP has already planned for disturbance in Bengal and managed to get few seats due to hate politics.  It tried for same in Kerala but people of Kerala did not pay attention to misguiding by bjp and rejected them.    However, Bengalis have fallen in trap of bjp and facing touble now.    Hope people of Bengal will come to know reality of bjp and peace will prevail there.  

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Agencies
May 28,2020

Mumbai, May 28: Twenty four doctors and three others staying in a south Mumbai hotel were rescued after a major fire broke out in the five-storey building, officials said on Thursday.

The BMC has arranged temporary accommodation for emergency and essential service staffers, including doctors and nurses, in various hotels and lodges in the city due to the COVID-19 pandemic. This hotel is one such facility.

The fire broke out at Hotel Fortune near Metro Cinema late Wednesday night and was brought under control after nearly three hours early Thursday, fire brigade officials said.

“The fire spread from the first to the third floor of the hotel, a fire brigade official told PTI. It was a level-2 fire and eight fire engines were rushed to the spot, he added.

The fire was confined to the electric wiring and cables in the electrical duct, false ceiling in the lobby and the common passages on the first, second and third floors of the hotel, he said.

The 24 rescued were resident doctors at a local hospital who were provided temporary accommodation in the hotel, while the three others were guests of the hotel, he said.

The fire broke out at 11 am and wasbrought under control at 1.40 am, the official said. Cooling operation is underway at the hotel, he added.

Five doctors were rescued using fire brigade ladders and breathing apparatus sets, the official said.

The cause of the blaze is not yet known, the fire brigade official said.

On April 21, a major fire broke out in a lodging room of Hotel Ripon near Mumbai Central, which was being used as a quarantine facility by the civic body.

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Agencies
March 15,2020

New Delhi, Mar 15: The new rules for debit and credit cards to increase security and reduce frauds kick in from Monday. In January, the Reserve Bank of India (RBI) had issued new rules to improve user convenience and increase the security of card transactions. These rules will help in curbing the misuse of debit and credit cards.

RBI has directed banks to allow only domestic card transactions at ATMs and PoS terminals in India at the time of issuance/reissuance of card. For international transactions, online transactions, card-not-present transactions and contactless transactions, customers will have to separately set up services on their card.

These rules will be applicable for new cards from March 16. Those with old cards can decide whether to disable any of these features.

As per the existing rules, these services used to come automatically with the card, but now it will start at the request of the customer.

Debit or credit card customers who have not yet done any online transaction, contactless transaction or international transaction with the card, then these services on the card will automatically stop from March 16.

The Reserve Bank has asked all banks to provide mobile banking, net banking option to enable limit and enable and disable service 24 hours a day, seven days a week.

If the customer makes any change in the status of the card, the bank will alert the customer through SMS/email and send the information.

Issuers shall provide to all cardholders facility to switch on/off and set/modify transaction limits (within the overall card limit, if any, set by the issuer) for all types of transactions -- domestic and international, at PoS/ATMs/online transactions/contactless transactions, etc.,

The provisions, however, are not mandatory for prepaid gift cards and those used at mass transit systems.

The latest instructions come in the wake of rising instances of cyber frauds and the huge increase in the use of cards.

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News Network
May 11,2020

May 11: Saudi Arabia will triple its value-added tax rate and suspend a cost of living allowance for state workers, it said on Monday, seeking to shield finances hit by low oil prices and a slump in demand for its lifeline export worsened by the new coronavirus.

Historic oil output cuts agreed by Riyadh and other major producers have given only limited support to prices after they sank on oversupply caused by a war for petroleum market share between the kingdom and its fellow oil titan Russia.

Saudi Arabia, the world's largest oil exporter, is also being hit hard by measures to fight the new coronavirus, which are likely to curb the pace and scale of economic reforms launched by Crown Prince Mohammed bin Salman.

"The cost of living allowance will be suspended as of June 1, and the value added tax will be increased to 15% from 5% as of July 1," Finance Minister Mohammed al-Jadaan said in a statement reported by the state news agency. "These measures are painful but necessary to maintain financial and economic stability over the medium to long term...and to overcome the unprecedented coronavirus crisis with the least damage possible."

The austerity measures come after the kingdom posted a $9 billion budget deficit in the first quarter.

The minister said non-oil revenues were affected by the suspension and decline in economic activity, while spending had risen due to unplanned strains on the healthcare sector and the initiatives taken to support the economy.

"All these challenges have cut state revenues, pressured public finances to a level that is hard to deal with going forward without affecting the overall economy in the medium to long term, which requires more spending cuts and measures to support non-oil revenues stability," he added.

The government has cancelled and put on hold some operating and capital expenditures for some government agencies, and cut allocations for some reform initiatives and projects worth a total 100 billion riyals ($26.6 billion), the statement said.

Central bank foreign reserves fell in March at their fastest rate in at least 20 years and to their lowest since 2011, while oil revenues in the first three months of the year fell 24% from a year earlier to $34 billion, pulling total revenues down 22%.

"The reforms are positive from a fiscal side as greater adjustment is essential. However, the tripling of VAT is unlikely to help that much in 2020 revenue wise with the expected fall in consumption," said Monica Malik, chief economist at Abu Dhabi Commercial Bank.

She said she kept unchanged her deficit forecast of 16.3% of GDP for this year, which already factors in a greater than previously announced spending cut.

About 1.5 million Saudis are employed in the government sector, according to official figures released in December.

In 2018, Saudi Arabia's King Salman ordered a monthly payment of 1,000 riyals ($267) to every state employee to compensate them for the rising living costs after the government hiked domestic gas prices and introduced value-added tax.

DIFFICULT TIMES

A committee has been formed to study all financial benefits paid to public sector employees and contractors, and will submit recommendations within 30 days, the statement said.

In late 2015, when oil prices fell from record highs, the kingdom slashed lavish bonuses, overtime payments and other benefits once considered routine perks in the public sector.

In a country without elections and with political legitimacy resting partly on distribution of oil revenue, the ability of citizens to adapt to such reforms is crucial for stability.

"Tripling the VAT will test the limits of the balance between revenues and consumption as the economy dives into a deep recession. The move will impact consumption and could also lower the expected revenues," said John Sfakianakis, a Gulf expert at the University of Cambridge.

"These are pro-austerity and pro-revenue moves rather than pro-growth ones," he said.

Hasnain Malik, head of equity strategy at Tellimer, said the VAT rise could bring about $24-$26.5 billion in additional non-oil fiscal revenue. The rise would hit consumer spending further but was a needed step towards fiscal sustainability, he said.

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