Judiciary, EC being torn apart under BJP govt: Rahul

Agencies
August 26, 2018

London, Aug 26: Congress president Rahul Gandhi on Saturday alleged that the judiciary and election commission were being "torn apart" under the BJP government and Prime Minister Narendra Modi was keeping mum on grave issues confronting the nation.

Addressing the Indian Overseas Congress in London, he said the Prime Minister insulted every Indian by saying that nothing had happened in the last 70 years.

"India shows the future to the world. The people of India made this possible, and the Congress helped them," he said.

"If the Prime Minister says nothing had happened before he assumed office, he is not commenting on the Congress, he is insulting every person of the country," Gandhi said.

He alleged that at present, Dalits, farmers, tribal people, minorities, the poor in India are told they will not get anything, and "if they raise their voice, they are beaten up".

The SC/ST Prevention of Atrocities Act has been "destroyed, and scholarships have been discontinued", he claimed.

"Today in India, people are discriminated against on the basis of caste and religion. Marginalised are betrayed, while people like Anil Ambani benefit," he alleged.

Attacking the Bharatiya Janata Party-led government on the Rafale deal, Gandhi said that the Hindustan Aeronautics Limited had been manufacturing aircraft for the last 50 years, but the contract was given to "someone who floated his company just 19 days before the deal".

"Nobody will get anything. Only Ambani will get everything. This man has accrued a debt of Rs 45,000 crore," the Congress president alleged.

Gandhi has been attacking the BJP government for allegedly inking the deal at a much higher price than the one the previous UPA regime had negotiated to benefit "one businessman".

Facing allegations of getting undue benefits from the multi-billion dollar Rafale deal, Anil Ambani-led Reliance Group has sent legal notices to several Congress leaders asking them to "cease and desist" from levelling such charges.

Reliance Group has denied the allegations relating to the deal under which France's Dassault is supplying the fighter jets and has entered into a joint venture with an Anil Ambani-led group firm to meet its offset requirement of the contract.

Ambani recently wrote to Gandhi on the deal saying his party has been "misinformed, misdirected and misled" by "malicious vested interests and corporate rivals" on the issue.

Gandhi said, "When the farmers of Karnataka and Telangana ask for loan waiver, PM Modi says this is not our policy. India's handful of richest businessmen have NPAs of Rs 12.5 lakh crore, but the Prime Minister says nothing."

He alleged that the Prime Minister kept quiet "when his own party's MLA raped a woman and when Nirav Modi ran away with people's money."

"Institutions such as the Supreme Court, Election Commission, Reserve Bank of India, which are the walls of our country, are being torn apart now," he alleged.

It was the first time that four senior-most judges of the apex court come out in public earlier this year to say they were not being allowed to work, he said.

"I do not use bad language for the Prime Minister. And if you have listened to the debate on the Rafale deal in Parliament, you would have seen that the PM could not answer my questions," he said.

Gandhi said China creates 50,000 jobs a day, while India creates only 450, and unemployment was a pressing issue.

"Our farmers need help. Our youth needs education, elderly people need health care. But, there is no discussion on the issues of farmers, education and healthcare," he said.

Lauding the contribution of non-resident Indians in the development of the country, he said, "Mahatma Gandhi, Sardar Patel, B R Ambedkar, Jawaharlal Nehru were all NRIs. They travelled the world and helped India with new perspectives."

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MR
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Monday, 27 Aug 2018

Rahul is our only hope for India

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News Network
March 23,2020

Bengaluru, Mar 23: Indian stocks plunged over 9% on Monday, as the rapidly spreading coronavirus pandemic sent major states including the country's capital into a lockdown amid increasing fears that outbreak could bring world economies to a grinding halt.

The NSE Nifty 50 index slipped 9.17% to 7,937.75 by 0408 GMT, while the S&P BSE Sensex was 9.42% lower at 27,093.24.

Over the weekend in India, the virus drove several companies to shut operations and the government sent states into lockdowns, bringing normal life to a grinding halt.

"Panic has gone up domestically because of the lockdown situation," said Vinod Nair, head of research at Geojit Financial Services.

"There is fear that the situation will not be brought under control soon."

The rupee hit a fresh record low of 76.05 against the dollar, as a flight into cash and worries about tightening liquidity boosted demand for the world's reserve currency.

Meanwhile, global markets crumbled, with MSCI's broadest index of Asia-Pacific shares outside Japan sliding nearly 4% as the global death toll climbed to over 14,000, further battering economic activity, and raising fears of a global recession.

After market hours on Friday, the Securities and Exchange Board of India halved position limits for certain stock futures, restricted short-selling of index derivatives and raised margin rates for some shares to curb "abnormally high" volatility amid the pandemic.

In domestic trading, the Nifty PSU Bank Index plunged 8%, while the Nifty bank index crashed nearly 10%.

The Nifty Auto Index slid 9% after several carmakers over the weekend suspended production due to the virus.

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Agencies
June 21,2020

New Delhi, June 21: Diesel prices rise to record high after 60 paise hike in rates, petrol up 35 paise; rates up by Rs 8.88 and Rs 7.97 in 15 days.

Petrol price in Delhi was hiked to Rs 79.23 per litre from Rs 78.88, while diesel rates were increased to Rs 78.27 a litre from Rs 77.67, according to a price notification of state oil marketing companies. 

In Bengaluru, petrol will be costlier by 37 paise at Rs 81.81 per litre, while diesel will cost 57 paise more per litre at Rs 74.43.

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

The 15th daily increase in rates since oil companies on June 7 restarted revising prices in line with costs after ending an 82-day hiatus in rate revision, has taken diesel prices to a new high. The petrol price too is at a two-year high.

Over 63 per cent of the retail selling price of diesel is taxes. Out of the total tax incidence of Rs 49.43 per litre, Rs 31.83 is by way of central excise and Rs 17.60 is VAT. 

Petrol in Mumbai costs Rs 86.04 per litre and diesel is priced at Rs 76.69.

Prior to the current rally, the peak diesel rates had touched was on October 16, 2018 when prices had climbed to Rs 75.69 per litre in Delhi. The highest-ever petrol price was on October 4, 2018 when rates soared to Rs 84 a litre in Delhi.

When rates had peaked in October 2018, the government had cut excise duty on petrol and diesel by Rs 1.50 per litre each. State-owned oil companies were asked to absorb another Re 1 a litre to help cut retail rates by Rs 2.50 a litre.

Oil companies had quickly recouped the Re 1 and the government in July 2019 raised excise duty by Rs 2 a litre.

The government on March 14 hiked excise duty on petrol and diesel by Rs 3 per litre each and then again on May 5 by a record Rs 10 per litre in case of petrol and Rs 13 on diesel. The two hikes gave the government Rs 2 lakh crore in additional tax revenues.

Oil PSUs Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL), instead of passing on the excise duty hikes to customers, adjusted them against the fall in the retail rates that was warranted because of a decline in international oil prices to two-decade lows.

International oil prices have since rebounded and oil firms are now adjusting retail rates in line with them.

In 15 days of hike, petrol price has gone up by Rs 7.97 per litre and diesel by Rs 8.88 a litre.

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News Network
April 1,2020

Amaravati, Apr 1: All the 43 patients who were tested positive for COVID-19 in Andhra Pradesh on Wednesday have returned after attending the event at Delhi's Nizamuddin Markaz, said Chief Minister's Office, Andhra Pradesh.

With 43 new COVID-19 positive cases, the total number of coronavirus cases in Andhra Pradesh has reached 87, informed the state Nodal Office earlier today.

The 43 new coronavirus positive cases were reported between March 31, 9 pm and April 1, 9 am. A total of 373 samples were tested during this time period and of these samples, 330 were negative and 43 came out to be positive.

There has been an increase of 240 COVID-19 cases in the last 12 hours across the country.
According to the Ministry of Health and Family Welfare, the total number of COVID-19 positive cases have reached 1637 in India, including 1466 active cases, 133 cured/discharged/migrated people and 38 deaths.

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