Mani Shankar Aiyar calls Modi ‘neech’; suspended from Congress

Agencies
December 8, 2017

New Delhi/Surat, Dec 8: Congress suspended Mani Shankar Aiyar on Thursday after the former Union minister stoked yet another acrimonious row by describing Prime Minister Narendra Modi as a "neech aadmi".

Aiyar's choice of words not only drew a ferocious attack from Modi in Surat but riled his own party functionaries who feared potential damage to its electoral prospects due to the diplomat-turned-politician's foot-in-the-mouth penchant. "He (Modi) is neech kism ka aadmi who has no sabhyata (civility)," Aiyar had said earlier in the day after Modi accused Congress of using Dalit icon B R Ambedkar merely to get votes and trying to erase his contribution in building India.

Addressing an election rally in Surat, Modi hit back at Aiyar and said dejected Congress functionaries had lost their mental balance and crossed all limits of decency. "Mani Shankar Aiyar has called me neech and from nichli jaati (lower caste). Is this not an insult to Gujarat? Is it not an insult to India's great values? But people of Gujarat will take revenge on December 18 and teach you the precise meaning of neech," Modi said.

The PM said Aiyar's remarks smacked of Congress's "Mughal mindset" that discriminated between the lower and upper castes. "I, as chief minister of Gujarat for 14 years and now as PM, have done nothing that has forced citizens to hang their heads in shame. If Congress feels that working for the poor and distressed is something too low, I can only wish them good luck," he said amid chants of "Modi Modi".

The PM even recalled Congress chief Sonia Gandhi's 10-year-old "maut ka saudagar" remark against him as he accused the rival of constantly insulting and conspiring against him. "Despite so many insults, I have not been vindictive as PM and BJP will always work to uphold the values of public life," he said.

With a procession of BJP functionaries alleging that Aiyar's controversial remark was a reflection of the Nehru-Gandhi family's arrogance and their sense of entitlement, and fear growing that the indiscretion might hurt the party in Gujarat, Congress led by Rahul Gandhi went into damage control. The party vice-president took to Twitter to disapprove of Aiyar's remark and asked him to apologise. "BJP and PM routinely use filthy language to attack the Congress party. The Congress has a different culture and heritage. I do not appreciate the tone and language used by Mani Shankar Aiyar to address the PM. Both the Congress and I expect him to apologise for what he said," Rahul said.

Though Aiyar can stubbornly hold his ground, he promptly obliged and blamed the derogatory remark on his poor Hindi. "My Hindi is not very good. Yes, I called Modi 'neech' but did not mean it as a low-born; I meant it as low," he said, recalling that his poor grasp of Hindi had failed him earlier too when he called former PM Atal Bihari Vajpayee a "nalayak" PM.

However, this did not fully assuage the worry of the potential fallout of Aiyar's slur against the PM in a state where in 2007, Sonia calling Modi "maut ka saudagar" had badly boomeranged on her party. Coming just after the controversy over Kapil Sibal for allegedly seeking to delay resolution of the Ayodhya dispute by seeking postponement of hearing in the SC until after the 2019 Lok Sabha elections, many in the party expressed concern over "self-goals" during the last lap of the Gujarat polls. Former Delhi CM Sheila Dikshit, in fact, suspected an effort to sabotage Rahul when he is about to take over as party president.

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FairMan
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Friday, 8 Dec 2017

All Congees are tomorrows BjP / RSS

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Agencies
May 17,2020

New Delhi, May 17: Eight of the 10 most valued domestic firms suffered a combined erosion of Rs 1,37,311.31 crore in market valuation last week, with Reliance Industries (RIL) taking the biggest knock.

Only Bharti Airtel and ITC from the top-10 list managed to close the week with gains.

RIL's market cap plunged Rs 65,232.46 crore to Rs 9,24,855.56 crore.

The market valuation of HDFC Bank declined Rs 22,347.07 crore to Rs 4,87,083.88 crore and that of Hindustan Unilever Limited tanked Rs 13,192.26 crore to Rs 4,77,458.89 crore.

ICICI Bank's market cap dropped Rs 9,770.06 crore to Rs 2,08,900.79 crore.

Infosys witnessed a decline of Rs 9,518.84 crore in valuation to reach Rs 2,77,814.09 crore while that of HDFC tumbled Rs 9,370.38 crore to Rs 2,83,293.70 crore.

The m-cap of Kotak Mahindra Bank slipped by Rs 7,805.2 crore to Rs 2,25,327.22 crore.

Tata Consultancy Services' market valuation dipped Rs 75.04 crore to Rs 7,10,439 crore.

In contrast, Bharti Airtel added Rs 13,147.89 crore to its valuation to stand at Rs 3,02,292.43 crore.

ITC's valuation also rose by Rs 7,744.11 crore to Rs 2,02,330.13 crore.

In the ranking of top-10 firms, RIL retained the number one spot, followed by TCS, HDFC Bank, HUL, Airtel, HDFC, Infosys, Kotak Mahindra Bank, ICICI Bank and ITC.

During the last week, the Sensex declined 544.97 points or 1.72 per cent.

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Agencies
May 27,2020

New Delhi, May 27: The government has further extended the deadline for bidding to buy its entire 52.98 per cent stake in the country's second-biggest oil refiner, Bharat Petroleum Corp Ltd (BPCL), by over one-and-a-half months to July 31.

This is the second extension for submission of expression of interest (EoI) for BPCL stake by interested bidders. The government had first invited bids showing interest in buying its stake, by May 2. It was then extended till June 13.

This has now been extended to 5 p.m. on July 31 in "view of further requests received from the interested bidders and the prevailing situation arising out of COVID-19", an official notice put up by disinvestment department DIPAM late on Tuesday said.

Accordingly, the last date for submission of written queries or preliminary information memorandum has been pushed back to June 23 from the earlier deadline of May 16.

The disinvestment in BPCL involves the government selling its entire 52.98 per cent stake in the company to a strategic investor with transfer of management control. The government has barred PSUs from bidding for BPCL and expects private sector Indian players and global MNCs to bid for its stake. The government's stake in BPCL is worth around Rs 50,000 crore.

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Agencies
March 14,2020

New Delhi, Mar 14: Excise duty on petrol and diesel was on Saturday hiked by ₹3 per litre as the government looked to mop up gains arising from fall in international oil prices.

Special excise duty on petrol was hiked by ₹2 to ₹8 per litre incase of petrol and to Rs 4 incase of diesel, an official notification said.

Additionally, road cess on petrol was raised by ₹1 per litre each on petrol and diesel to ₹10.

The increase in excise duty would in normal course result in a hike in petrol and diesel prices but most of it would be adjusted against the fall in rates that would have necessitated because of slump in international oil prices.

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