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8 non-BJP parties form coalition ahead of Madhya Pradesh elections

Agencies
September 30, 2018

Bhopal, Sept 30: Ahead of the Madhya Pradesh Assembly Elections, slated to take place this year, eight parties have formed an alliance to defeat the Bharatiya Janata Party (BJP) in the state. The parties are expected to approach the Congress shortly.

Loktantrik Janata Dal, Communist Party of India (Marxist) CPI-M, Communist Party of India (CPI), Bahujan Sangharsh Dal, Gondwana Gantantra Party, Samajwadi Party (SP), Rashtriya Samanta Dal, and Prajatantrik Samadhan Party have formed the alliance on ideological and theoretical grounds to contest the elections against the BJP.

Govind Yadav, Loktantrik Janata Dal convenor said, "To save the constitutional democracy and to offer an option of alternative politics in the upcoming assembly polls and Lok Sabha elections, several non-BJP parties have formed the 'Mahagatbandhan' (grand alliance).. The seat distribution is expected to be announced in the coming weeks."

Keeping in mind the prospects of a grand alliance in 2019, Congress party is also working on a `package deal' with Bahujan Samajwadi Party (BSP) in Rajasthan, Madhya Pradesh, and Chhattisgarh -- the three states that will go to polls this year.

According to sources, Congress President Rahul Gandhi has asked the respective state in-charges of the party to finalise the modalities on seat sharing. Sources added that Congress does not want the secular votes to be divided at any cost and is willing to walk an extra mile to accommodate allies.

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News Network
January 18,2020

Mumbai, Jan 18: Maharashtra Tourism Minister Aaditya Thackeray on Friday said shops, restaurants, malls and pubs will remain open 24 hours on an experimental basis in a few areas of Mumbai from January 26.

The areas where these establishments will remain open all night are Fort and Kala Ghoda in south Mumbai and Bandra Kurla Complex in the west.

Thackeray had batted for all-night-open eateries and other establishments in the city during the earlier BJP-Shiv Sena regime too.

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News Network
July 16,2020

New Delhi, Jul 16: The Rajasthan High Court will hear Thursday afternoon a petition filed on behalf of the Sachin Pilot camp, challenging a move to disqualify dissident MLAs from the state assembly.

The plea against the disqualification notices sent from the Speaker’s office to Pilot and 18 other Congress MLAs will be heard by Justice Satish Chandra Sharma.

The 19 MLAs were sent notices Tuesday by the Speaker after the Congress complained that the MLAs had defied a party whip to attend two Congress Legislature Party meetings. 

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News Network
July 1,2020

Jul 1: Gold prices in India hit an all-time high on Wednesday, tracking a global rally, as surging coronavirus cases in many countries raised the metal's safe-haven appeal.

Local gold futures hit an all-time high of Rs 48,871 ($646.66) per 10 grams in early trade, taking their gains to 25% in 2020 so far. The contract had gained nearly 25% in 2019.

However, this dampened the retail demand for gold in India, the world's second-largest consumer of the precious metal.

"Retail demand is negligible. Buyers are postponing purchases anticipating a correction in prices," said a Mumbai-based bank dealer with a bullion importing bank.

In thin trade, dealers were offering a discount of up to $22 an ounce over official domestic prices on Wednesday afternoon, up from the last week's $18. The domestic price includes a 12.5% import tax and 3% sales tax.

The country's gold imports in May plunged 99% from a year earlier as international air travel was banned and jewellery shops were closed amid a nationwide lockdown to curb the spread of coronavirus.

In overseas market, spot gold firmed near an eight-year peak on Wednesday, as a spike in coronavirus cases in the United and States and many other countries has cast a shadow on hopes for a quicker global economic recovery, driving inflows into safe-haven assets.

According to a latest Reuters tally, the coronavirus has infected more than 10.48 million people worldwide so far.

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