Pratibha ran a bill of Rs 18 cr on her last trip as prez

January 14, 2013

Prathiba

New Delhi, Jan 14: Notwithstanding a huge controversy over expenditure on her foreign travels, the then President Pratibha Patil ran up a bill of Rs 18.08 crore on her last trip abroad shortly before demitting office, according to official information accessed through RTI.

The chartering of the Air India Boeing 747-400 jumbo for her two-nation trip to South Africa and Seychelles from April 29 to May 8 last year alone cost Rs 16.38 crore, the airline said in an RTI reply.

In addition, an expenditure of Rs 1.46 crore was incurred in Pretoria -- the South African capital. Of this, Rs 71.82 lakh was spent on local stay, 52.33 lakh on transportation and 22.12 lakh on miscellaneous expenditure.

In Durban, an expenditure of Rs 23.55 lakh was incurred. Of this hotel stay alone cost nearly 18 lakh and transportation was Rs 5.27 lakh. The details about the lodging and other expenditures in South Africa were provided by the Indian Missions in Pretoria and Durban under RTI.

A huge controversy broke out last year when it was revealed that Patil had incurred an expenditure of Rs 205 crore on her 12 foreign trips covering 22 countries across four continents during her five-year term which ended on July 25 last year.

These figures were provided before she undertook the last visit to South Africa and Seychelles. The Rashtrapati Bhavan had then defended these visits terming them "necessary" to deepen bilateral cooperation. The visits were undertaken after careful appraisal and recommendation by the Prime Minister's Office and the Ministry of External Affairs.

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Agencies
July 7,2020

New Delhi, Jul 7: Diesel price in the national capital on Tuesday touched an all-time high following a rate hike after a week-long hiatus.

Diesel price on Tuesday was increased by 25 paise per litre, according to a price notification of state-owned oil marketing companies.

This took the retail selling price of diesel to Rs 80.78 per litre in the national capital - the highest ever.

There was no change in petrol price for the 8th straight day, and it continues to be priced at Rs 80.43 per litre.

Rates vary from state to state depending on the incidence of local sales tax or VAT.

Petrol and diesel price were last revised on June 29.

In the last one month, diesel price has been increased on 23 occasions while petrol rates have risen 21 times.

The cumulative increase since the oil companies started the cycle on June 7, totals to Rs 9.17 for petrol and Rs 11.39 in diesel.

In Mumbai, petrol is priced at Rs 87.19 - unchanged since June 29, while diesel was hiked to Rs 79.05 a litre from Rs 78.83.

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News Network
March 9,2020

Mumbai, Mar 9: India's Yes Bank will not be merged with State Bank of India, which is set to infuse funds in the beleaguered lender, the newly appointed administrator leading the rescue plan said in a television interview on Monday.

"There is absolutely no question of a merger," Prashant Kumar, the administrator, told the CNBC TV18 channel.

The Reserve Bank of India (RBI) on Thursday took control of Yes Bank, after the lender - which is laden with bad debts - failed to raise the capital it needs to stay above mandated regulatory requirements.

Placing Yes Bank under a 30-day moratorium, the central bank imposed limits on withdrawals to protect depositors and said it would work on a revival plan. The move spooked depositors, who rushed to withdraw funds from the bank.

Kumar, a former finance chief at SBI, assured depositors their money was safe and that the moratorium on Yes Bank might be lifted much before the deadline on April 3 and normal banking operations might resume as early as Friday.

He also mentioned that the withdrawal limit of Yes Bank may be removed by March 15, 2020.

SBI Chairman Rajnish Kumar said on Saturday the state-run bank would need to invest up to 24.5 billion rupees ($331 million) to buy a 49% stake in Yes Bank as part of the initial phase of the rescue deal, adding that the survival of troubled lender was a "must".

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News Network
May 8,2020

New Delhi, May 8: India's count of COVID-19 cases on Friday rose to 56,342 including 1,886 deaths, according to the Ministry of Health and Family Welfare.

Currently, there are 37,916 active cases while 16,539 COVID-19 positive patients have been cured/discharged and one has migrated.

Maharashtra has the highest number of cases with 18,120 followed by Gujarat with 7,013 cases and Delhi with 5,980 cases.

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