"Rafale Deal Country's Biggest Ever Scam," Says Rahul Gandhi

Agencies
August 11, 2018

Raipur, Aug 11: Congress president Rahul Gandhi today termed the Rafale fighter jet deal as the country's "biggest ever" defence scam and blamed Prime Minister Narendra Modi for it.

Addressing an event in Raipur, he claimed that the price of the Rafale jets "magically" rose from Rs. 540 to Rs. 1600 crore per piece.

India had signed an agreement in 2015 for procurement of 36 Rafale fighter planes from France.

"The UPA government had readied the Rafale contract, according to which the price for each jet was approximately Rs. 540 crore. The contract was ready and Modi ji only had to take a decision.

"But, Modi ji goes to France and scraps the previous contract and the Defence minister and other cabinet ministers do not know about it," Mr Gandhi said.

The Congress leader alleged that a contract related to the fighter deal was snatched from the state-owned Hindustan Aeronautics Limited (HAL) and given to a private company which has never made an aeroplane nor taken any defence contract.

"The company, which was given the contract, was in a debt of Rs. 45,000 crore," he claimed.

Mr Gandhi, while speaking after inaugrating the newly-constructed office of the party's state unit, also said that PM Modi has not yet spoken a word on the rape incidents in Uttar Pradesh, Bihar and Rajasthan.

The situation has not been as bad in the "last 3,000 years", he said while referring to the rape incidents.

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News Network
May 9,2020

New Delhi, May 9: With 3,320 coronavirus cases and 95 deaths reported in the last 24 hours, India's COVID-19 cases rose to 59,662 on Saturday, informed the Union Ministry of Health and Family Welfare.

The total number of active cases in the country now stands at 39,834 while the number of cured/discharged/migrated stands at 17,847.

The country has reported 1,981 deaths so far, added the Ministry.

Maharashtra has the highest number of cases with 19, 063 followed by Gujarat with 7,402 cases and Delhi with 6,318 cases.

Meanwhile, the country continues to remain in a lockdown slated to end on May 17.

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Agencies
March 9,2020

Mumbai, Mar 9: The mayhem in domestic stock markets deepened with the BSE Sensex falling over 2,400 points and the Nifty50 trading below 10,400 points.

The plunge in the domestic indices was in line with the global markets on persistent fears of economic impact of the coronavirus epidemic.

Stocks of Reliance Industries registered the biggest fall in over 10 years as it fell to Rs 1,094.95 per share. At 1.34 p.m., it was trading at Rs 1,100, lower by Rs 170.05 or 13.39 per cent from its previous close. The stock fell most since October 2008.

The benchmark index of BSE Sensex was trading at 35,232.67 points, lower by 2,343.95 points or 6.24% from the previous close of 37,576.62 points. 

It had opened at the intra-day high of 36,950.20 and has so far touched a low of 35,109.18.

The Nifty50 on the National Stock Exchange was trading at 10,314.25 points, lower by 675.20 points or 6.14% from the previous close. 

It was a sell-off across sectors, led by financial, metal, energy and IT stocks - which weighed on the markets.

Further, crude oil prices also slumped around 30% on Monday as Organization of Petroleum Exporting Countries (OEPC) failed to agree on an output cut deal, eventually causing Saudi Arabia to cut its prices as it is likely to increase its production. Saudi Arabia's stance has already raised concerns of an all-out price war.

Brent crude futures are currently trading around $34 per barrel.

On Saturday, Saudi Arabia announced massive discounts to its official selling prices for April, and the nation is reportedly preparing to increase its production above the 10 million barrel per day mark, according to reports.

As per analysts, the oil market witnessed the worst price fall on Monday since the 1991 Gulf War.

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News Network
July 24,2020

New Delhi, Jul 24: India reported the highest single-day spike of 49,310 coronavirus cases on Friday, according to the Union Ministry of Health and Family Welfare.

The total COVID-19 positive cases stand at 12,87,945 including 4,40,135 active cases, 8,17,209 cured/discharged/migrated.
With 740 deaths in the last 24 hours, the cumulative toll reached 30,601.

Maharashtra has reported 3,47,502 coronavirus cases, the highest among states and Union Territories in the country. A total of 1,92,964 cases have been reported from Tamil Nadu till now, while Delhi has recorded 1,27,364 coronavirus cases.

According to the Indian Council of Medical Research (ICMR), 3,52,801 samples were tested for coronavirus on Thursday and overall 1,54,28,170 samples have been tested so far. 

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