Maharashtra Assembly polls: It’s BJP vs the rest

October 14, 2014

Modi Maharastra

Mumbai, Oct 14: With the end of campaigning on Monday, Maharashtra braces for an epic poll battle. With a riveting and unprecedented five-way contest, even Mumbai’s bookies are hedging their bets. The splintering of long-standing political alliances, just three weeks before the polls, set the stage for an election which could dramatically alter the State’s political map.

The big question is whether there will be a clear verdict. Much depends on who will benefit from the anti-incumbency factor against the 15-year rule of the Congress-NCP government, and to what extent.

BJP has the edge

Pollsters see a clear edge for the BJP that could emerge as the single-largest party. The BJP has banked heavily on the Narendra Modi juggernaut, with the Prime Minister’s blitzkrieg of 25 rallies in 10 days. By contrast the Congress chief Sonia Gandhi addressed four rallies and vice-president Rahul Gandhi six.

“There is a definite edge for the BJP because Mr. Modi’s honeymoon period has not yet ended. But whether it will get a clear mandate is not clear. Much depends on whether it has a pan-Maharashtra impact and whether the splitting of both alliances will swing votes towards the BJP,” says B. Venkatesh Kumar, political science professor at the Tata Institute of Social Sciences.

In the Lok Sabha polls, the BJP won 23 of the 24 seats it contested from Maharashtra. With the Prime Minister’s larger than life presence, the campaign became Modi versus the rest. The BJP had to fight off the sentiment of wounded Marathi pride fanned by its former ally the Shiv Sena.

Win will strengthen Modi-Shah as poll mascots

With the Prime Minister’s larger than life presence, the campaign for the Maharashtra Assembly polls became Modi versus the rest. The BJP had to fight off the sentiment of wounded Marathi pride fanned by its former ally the Shiv Sena.

Raj Thackeray’s Maharashtra Navnirman Sena (MNS), the NCP and the Congress accused him of trying to divide Maharashtra, forcing the Prime Minister to issue an uncharacteristic denial.

The BJP is hoping for a repeat of its Lok Sabha success, an antidote to its recent by-election reverses. In the Lok Sabha polls, the BJP won 23 of the 24 seats it contested from Maharashtra.

“There is a definite edge for the BJP because Mr. Modi’s honeymoon period has not yet ended. But whether it will get a clear mandate is not clear. Much depends on whether it has a pan-Maharashtra impact and whether the splitting of both alliances will swing votes towards the BJP,” says B. Venkatesh Kumar, political science professor at the Tata Institute of Social Sciences.

A win in this key State will cement the position of both Mr. Modi and party president Amit Shah as election mascots within the BJP.

However, the lack of strong leadership within the State after the death of Gopinath Munde and the party’s going back and forth on the issue of Vidarbha’s statehood could upset the party’s calculations.

If no clear mandate emerges, the post-poll picture will depend entirely on the numbers with each party. The party with the largest number of seats could form the government with the help of Independents and smaller parties. The BJP and the Shiv Sena could patch up, setting aside the bitterness during the campaign. Or non-BJP parties could try and form an alliance, with signs of a rapprochement between the Shiv Sena and the MNS. Many feel the NCP could join this camp though the party has strongly denied this. If all else fails, the State could well be in for another spell of President’s Rule.

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Maharashtra Assembly polls: It’s BJP vs the rest

Mumbai, Oct 14: With the end of campaigning on Monday, Maharashtra braces for an epic poll battle. With a riveting and unprecedented five-way contest, even Mumbai’s bookies are hedging their bets. The splintering of long-standing political alliances, just three weeks before the polls, set the stage for an election which could dramatically alter the State’s political map.

The big question is whether there will be a clear verdict. Much depends on who will benefit from the anti-incumbency factor against the 15-year rule of the Congress-NCP government, and to what extent.

BJP has the edge

Pollsters see a clear edge for the BJP that could emerge as the single-largest party. The BJP has banked heavily on the Narendra Modi juggernaut, with the Prime Minister’s blitzkrieg of 25 rallies in 10 days. By contrast the Congress chief Sonia Gandhi addressed four rallies and vice-president Rahul Gandhi six.

“There is a definite edge for the BJP because Mr. Modi’s honeymoon period has not yet ended. But whether it will get a clear mandate is not clear. Much depends on whether it has a pan-Maharashtra impact and whether the splitting of both alliances will swing votes towards the BJP,” says B. Venkatesh Kumar, political science professor at the Tata Institute of Social Sciences.

In the Lok Sabha polls, the BJP won 23 of the 24 seats it contested from Maharashtra. With the Prime Minister’s larger than life presence, the campaign became Modi versus the rest. The BJP had to fight off the sentiment of wounded Marathi pride fanned by its former ally the Shiv Sena.

Win will strengthen Modi-Shah as poll mascots

With the Prime Minister’s larger than life presence, the campaign for the Maharashtra Assembly polls became Modi versus the rest. The BJP had to fight off the sentiment of wounded Marathi pride fanned by its former ally the Shiv Sena.

Raj Thackeray’s Maharashtra Navnirman Sena (MNS), the NCP and the Congress accused him of trying to divide Maharashtra, forcing the Prime Minister to issue an uncharacteristic denial.

The BJP is hoping for a repeat of its Lok Sabha success, an antidote to its recent by-election reverses. In the Lok Sabha polls, the BJP won 23 of the 24 seats it contested from Maharashtra.

“There is a definite edge for the BJP because Mr. Modi’s honeymoon period has not yet ended. But whether it will get a clear mandate is not clear. Much depends on whether it has a pan-Maharashtra impact and whether the splitting of both alliances will swing votes towards the BJP,” says B. Venkatesh Kumar, political science professor at the Tata Institute of Social Sciences.

A win in this key State will cement the position of both Mr. Modi and party president Amit Shah as election mascots within the BJP.

However, the lack of strong leadership within the State after the death of Gopinath Munde and the party’s going back and forth on the issue of Vidarbha’s statehood could upset the party’s calculations.

If no clear mandate emerges, the post-poll picture will depend entirely on the numbers with each party. The party with the largest number of seats could form the government with the help of Independents and smaller parties. The BJP and the Shiv Sena could patch up, setting aside the bitterness during the campaign. Or non-BJP parties could try and form an alliance, with signs of a rapprochement between the Shiv Sena and the MNS. Many feel the NCP could join this camp though the party has strongly denied this. If all else fails, the State could well be in for another spell of President’s Rule.

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News Network
February 28,2020

Feb 28: National oil marketer Indian Oil Corporation (IOC) on Friday said it is ready to supply low emission BS-VI fuels from April 1 and that there will be a marginal increase in retail prices.

The largest oil supplier has spent over Rs 17,000 crore to upgrade its refineries to produce the low-sulfur diesel and petrol, the company's chairman Sanjiv Singh told reporters here.

Without disclosing the quantum of price increase, Singh said, “there will definitely be a marginal increase in retail prices of the fuels from April 1 when the whole country will be run on new fuels, which will have a sulphur content of only 10 parts per million (ppm) as against the present 50 ppm.

“But let me assure you, we will not be burdening the consumers with a steep hike,” Singh said.

He said, state-run oil marketing companies (OMCs) have invested Rs 35,000 crore to upgrade their refineries, of which Rs 17,000 crore have been spent by IOC alone.

Earlier this week, the sell-off bound BPCL said it had invested around Rs 7,000 crore for the same. ONGC-run HPCL has not so far disclosed its readiness for BS-VI supplies or its capex on the same.

HPCL had said from February 26-27 it was ready with BS-VI fuels and that it would sell only the new fuels from March 1.

IOC switched to BS-VI fuel production a fortnight ago and all its depots and containers are ready now, Singh said.

However, he said some remote locations, where the intake is very low, will take some more time to switch. But the company is planning to drain out the entire BS-IV stock and replenish the new fuels at such locations, he added.

Further, it has been reported that the companies will have to increase prices by 70-120 paise a litre, but Singh said, to arrive such a weighted average is not possible given the complexities of each refinery.

He, however, asserted that the price hike will not be a burden on consumers.

We are not looking at this investment from a pure return on investment basis, but this is a national mandate and we have done it.

Having said that, all those countries that moved to low emission fuels are charging higher prices; and from April 1, our prices will also be benchmarked against Euro VI prices as against the present practice of the cost-plus model, Singh concluded.

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News Network
May 12,2020

Srinagar, May 12: Two paramilitary Central Reserve Police Force (CRPF) officers committed suicide after shooting themselves with their service rifles in Kashmir on Tuesday.

In the first incident, a CRPF sub-inspector on Tuesday committed suicide after shooting himself with his service rifle at Mattan area of south Kashmir’s Anantnag district. The deceased, identified as Fatah Singh of Jaisalmer in Rajasthan, had reportedly left behind a suicide note that read: “I am afraid, I may have Corona.”

Station House Officer (SHO) Akura, Mattan police station Jazib Ahmed said that they have followed the COVID-19 protocol while dealing with the body of the CRPF sub-inspector. “His samples have been taken and post-mortem conducted. Only results would confirm whether he was a COVID-19 positive,” he said.

CRPF spokesman in Srinagar Pankaj Singh said the officer had returned to his unit after performing a day-long duty. “As such, there is no evidence that he had caught COVID-19. Let’s wait for the final report. Details will be shared with the media,” Singh said.

Hours after the first incident, an assistant-sub-inspector of the CRPF posted in Srinagar also committed suicide by shooting himself dead with his service rifle.

Special Director General of CRPF, Zulfikar Hassan said they were trying to find out the reason for the two boys taking this extreme step.

Suicides and fratricide incidents are not uncommon among the CRPF and the Army personnel deployed in Kashmir. In 2006, recognising the rising fratricide and suicide cases among the armed forces, the then Defence Minister had constituted an expert group of psychiatrists under the Defence Institute of Psychological Research in order to suggest remedial measures to prevent suicide and fratricide incidents.

Over the last decade, incidents of fratricide have reportedly reduced in the Army as the force has taken measures to address the issue.

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Agencies
July 24,2020

Mumbai, Jul 24: Reliance India Limited (RIL) on Friday overtook ExxonMobil to become the world's second most valuable energy company and 46th among the world's largest companies by market capitalisation.

RIL's market capitalisation stood at Rs 14.16 lakh crore (USD 189.3 billion) at market close on Friday. ExxonMobil's current market value is USD 184.77 billion.

"Reliance Industries, with a market capitalisation of USD 189.3 billion now is the second-most valuable energy company in the world. Reliance Industries now stands at 46th among the world's largest companies by market capitalisation ahead of well-known names like ExxonMobil, Abbott Laboratories, Oracle Corp, Chevron and Unilever Plc, and just below PepsiCo," RIL said in an official release.

RIL continued its rally on Friday, notwithstanding overall weak market conditions.

RIL shares made a new all-time high of Rs 2,163 and were last traded at Rs 2,148.8 on NSE with a gain of 4.4 per cent. The market capitalisation of fully paid-up shares stands at Rs 13.62 lakh crore (USD 182.06 billion), the release said.

Reliance partly paid-up shares gained 9.33 per cent on NSE today to last trade at Rs 1289.95. The partly paid-up shares now have a market capitalisation of Rs 0.55 lakh crore (USD 7.29 billion).

"Reliance's share price had touched a bottom of Rs 867 on March 23, 2020, when the total market value of the company stood at Rs 5.5 lakh crore or $73.5 billion. Thus, RIL has added $115.9 billion to shareholder wealth within just four months - one of the highest value creation feats in the world in such a short time," the release said.

Reliance had earlier raised Rs 212,809 crore through Rights Issue, combined investments in Jio Platforms and investment by bp.

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