Several bigwigs among Congress’ 8th list of 38 candidates

Agencies
March 24, 2019

New Delhi, Mar 24: The Congress Saturday night released its eighth list of 38 candidates for the April-May parliamentary polls with its leader in Lok Sabha Mallikarjun Kharge being renominated from Gulbarga and former Maharashtra chief minister Ashok Chavan being fielded from Nanded.

The party also fielded its former Madhya Pradesh chief minister Digvijaya Singh from Bhopal Lok Sabha seat and former Uttarakhand chief minister Harish Rawat from Nainital constituency.

Former BJP chief minister from Uttarakhand B C Khanduri’s son Manish khanduri has been fielded from Garhwal Lok Sabha seat. Manish had recently joined joined the Congress in the presence of Rahul Gandhi.

Former union ministers M Veerappa Moily and K M Muniyappa have been nominated as party candidates from Chikkballapur and Kollar Lok Sabha seats.

The eighth list contains party candidates from the states of Karnataka, Madhya Pradesh, Uttarakhand, Uttar Pradesh, Manipur and Maharashtra.

Meenakshi Natarajan, a close aide of Rahul Gandhi, has been fielded from Mandaur constituency in Madhya Pradesh, while former party spokesperson Rashid Alvi will contest from Amroha in Uttar Pradesh.

The Congress has so far announced the names of its 218 candidates for the election to the 543-member Lok Sabha which will held in seven phases beginning on 11 April and ending on 19 May. The counting will take place on 23 May.

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News Network
June 10,2020

New Delhi, Jun 10: Delhi recorded 1,366 fresh cases of COVID-19 on Tuesday, taking the tally to 31,309, while the death toll mounted to 905, authorities said on Wednesday.

According to a health bulletin issued by the Delhi government's health department, there are 18,543 active cases, while 11,861 patients have either recovered, been discharged or migrated.

No health bulletin was issued on Tuesday.

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News Network
March 5,2020

Mumbai, Mar 5: Jet Airways founder Naresh Goyal and few others have been booked by the ED in a money laundering case even as the agency is conducting searches at his premises, officials said on Thursday.

They said a criminal case against the former chairman of the airlines has been filed under the Prevention of Money Laundering Act (PMLA) after taking cognisance of a recent Mumbai Police FIR filed against him.

The Enforcement Directorate carried out raids at Goyal's premises in Mumbai on Wednesday and also questioned him after filing the case, they said.

The action is continuing, they added.

The Mumbai Police FIR pertains to charges of alleged fraud by Goyal and others against a Mumbai-based travel company.

Goyal has earlier been grilled by the central probe agency in a case filed under the Foreign Exchange Management Act (FEMA) in September last year.

The agency had carried out similar raids, under the FEMA, in August last year against Goyal, his family and others.

ED has alleged in the past that the businessman's empire had 19 privately-held companies, five of which were registered abroad.

The agency is probing charges that these firms allegedly carried out “doubtful” transactions under the guise of selling, distribution and operating expenses.

The ED suspects that expenses at these companies were allegedly booked at fake and high costs and as a result, they “projected” huge losses.

Alleged shady aircraft lease transactions with non-existent offshore entities are also under the ED scanner and it is suspected that Jet Airways made payments for lease rental to “ghost firms”, which purportedly routed the ill-gotten money in Goyal's companies.

A full-service carrier, Jet Airways shut its operations in April last year after running out of cash.

A month earlier, Goyal had stepped down as the chairman of Jet Airways.

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Agencies
March 12,2020

Mumbai, Mar 12: In what appears to be the worst trading session in the Indian stock markets, the benchmark BSE Sensex crashed over 2900 points to end below the 33,000-mark.

The Sensex crashed 2,919.26 points to end at 32,778.14. So far it has touched an intra-day low of 32,530.05 points.

The Nifty50 on the National Stock Exchange also lost nearly 850 points so far. It plunged 868.25 points to 9,590.15.

The plunge was in line with the global markets as all Asian indices also traded in the red after the World Health Organization (WHO) declared coronavirus a global pandemic following which the Dow Jones Industrial Average also slumped significantly on Wednesday.

The bear run in both the global and domestic markets has continued off late on concerns of the coronavirus outbreak severely impacting the global economy. It has also raised calls for government intervention and support.

Central banks in several countries, including the US Federal Reserve have announced emergency rate cuts to boost sentiments. However, the concerns have only deepened in the past few days as the number of COVID-19 cases across the world has increased.

Further, following the rout in the global markets oil prices also fell on Thursday with the Brent crude trading around $34 per barrel.

The Indian rupee also felt the pressure and touched a 17-month low of 74.34 per dollar in its initial trade.

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