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Veiled attack on Team Rahul by section of Cong leaders

May 22, 2014

New Delhi, May 22: In a veiled attack on 'Team Rahul' over Congress' poll debacle, a section of party leaders today said only those having experience of field work should be given "leadership posts" and wanted a "ruthless introspection" to help it bounce back.RaGa

Congress leader Milind Deora, who had yesterday said that Rahul Gandhi's advisers did not have their "ears to the ground" and those with "no electoral experience" were "calling the shots", today stuck to his stand, saying his comments are borne out of deep loyalty to the party and pain due to its performance in the polls.

"My comments are out of emotions of deep loyalty to the party, pain of our performance & a sincere desire to see us bounce back. Nothing more," Deora said on Twitter.

In comments that stoked a blame game within the party and appearing to question 'Team Rahul', he said, "Field party work & electoral battles are key to comprehend ground realities. This should form the basis for leadership posts in Congress."

Senior party leader Satyavrat Chaturvedi appeared to be in agreement with the views expressed by Deora and hoped that an "honest and ruthless introspection" is carried out to rectify the problems.

Chaturvedi said while whatever Deora stated might not be fully correct but "large portion of what he said is correct".

The remarks are considered significant in the wake of a growing perception in the party that a number of people with no electoral experience and novices in politics were given key roles in shaping up the decisions of the leadership on issues like campaigning and alliances.

AICC Secretary Priya Dutt, who met Congress President Sonia Gandhi today, also talked of a "disconnect" of the party leaders with the people.

"We need to bridge that gap. We need to bring that right upto the leadership. There is a lot of criticism. We have to look at where we have gone wrong in the past ten years," she said.

Both Deora and Dutt lost the elections in Mumbai.

They are considered to be part of Rahul's team and it may be mentioned that Deora's assertions in the past on some issues were also followed up by action taken by the Congress Vice President.

Senior Congress leader Capt Amarinder Singh, however, said the Congress should take "collective responsibility" for the rout in which the party got just 44 seats.

NCP leader Majid Memom said Deora's remarks signify that he has indirectly commented on Rahul also.

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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
April 1,2020

Amaravati, Apr 1: All the 43 patients who were tested positive for COVID-19 in Andhra Pradesh on Wednesday have returned after attending the event at Delhi's Nizamuddin Markaz, said Chief Minister's Office, Andhra Pradesh.

With 43 new COVID-19 positive cases, the total number of coronavirus cases in Andhra Pradesh has reached 87, informed the state Nodal Office earlier today.

The 43 new coronavirus positive cases were reported between March 31, 9 pm and April 1, 9 am. A total of 373 samples were tested during this time period and of these samples, 330 were negative and 43 came out to be positive.

There has been an increase of 240 COVID-19 cases in the last 12 hours across the country.
According to the Ministry of Health and Family Welfare, the total number of COVID-19 positive cases have reached 1637 in India, including 1466 active cases, 133 cured/discharged/migrated people and 38 deaths.

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News Network
June 24,2020

New Delhi, Jun 24: Over 1,500 urban and multi-state cooperative banks will be brought under the supervisory power of the Reserve Bank of India (RBI), said Union Minister Prakash Javadekar on Wednesday.

"Government banks, including 1,482 urban cooperative banks and 58 multi-state cooperative banks, are now being brought under supervisory powers of Reserve Bank of India (RBI); RBI's powers as they apply to scheduled banks will apply for cooperative banks as well," Javadekar said at a press conference, through video conferencing.

"The decision to bring 1,540 cooperative banks under RBI's supervision will give an assurance to more than 8.6 crore depositors in these banks that their money amounting to Rs 4.84 lakh crore will stay safe," he added.

The Minister of Information and Broadcasting further said that the Union Cabinet has approved a scheme "for interest subvention of 2 per cent to Shishu loan category borrowers under Pradhan Mantri Mudra Yojana, outstanding as on March 31, 2020, for one year to eligible borrowers."

The Minister also said that the Union Cabinet has approved the declaration of Kushinagar Airport in Uttar Pradesh as an international airport.

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