Hazare thanks Rahul for Lokpal commitment; fast enters 8th day

December 17, 2013

HazareRalegan Siddhi, Dec 17: Anna Hazare has thanked Congress Vice-President Rahul Gandhi for his "commitment" to the passage of the Lokpal Bill in Parliament, while demanding inclusion of recommendations of the select committee in the bill.

"The country awaits a strong Lokpal," Hazare said in the letter to Rahul, dated December 15 and released to media today.

"I welcome your commitment to get the Bill passed in Parliament. Please ensure that the points approved by the select committee are also incorporated in the bill," Hazare, whose indefinite fast for passage of the Jan Lokpal Bill entered the eighth day today, said.

"Besides these points, if Parliament includes other additional effective points, it will be in the interest of the country," Hazare wrote.

Kiran Bedi, former IPS officer and a key member of erstwhile Team Anna, said, "Anna has sent a letter of gratitude to Congress and BJP, that is to Rahul Gandhi and Arun Jaitley for recognising the urgency of passing the Lokpal Bill."

Meanwhile, Hazare's aide Suresh Pathare told PTI today that the Gandhian's condition has deteriorated. "Anna has lost a lot of weight since the fast began on December 10," he said.

While the veteran anti-corruption crusader praised the amended draft Lokpal bill presented in the Rajya Sabha, his one time protege Arvind Kejriwal dismissed it as "Jokepal".

Hazare said, "I accept it completely. If this Bill is passed, I will end my fast. The Bill will help the poor people of this country."

Kejriwal has expressed his opposition to the Bill and Hazare's acceptance. "I'm really surprised. How can Anna accept sarkari Lokpal Bill? Sarkari Lokpal is a 'Jokepal'. Who is misguiding him ?," he asked.

Hazare has requested the Samajwadi Party to extend support to the Bill. "I am confident that all the parties will support it and it will be passed," he said.

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News Network
February 24,2020

Ahmedabad, Feb 24: US President Donald Trump and his wife Melania on Monday tried their hands at spinning the 'charkha' (spinning wheel) at the Sabarmati Ashram here.

Accompanied by PM Narendra Modi, the US president and his wife went around the Ashram, before resuming the roadshow from the airport to the Motera stadium. "To my great friend Prime Minister Naredra Modi, thank you for this wonderful visit," Trump wrote in the Ashram visitors' book.

The US President was briefed about Gandhiji and the importance of charkha as a symbol of self reliance. Trump reached Ahmedabad at 11.37 am for the first leg of his India visit.

US President Donald Trump arrived in Ahmedabad on Monday for the first leg of his India trip. The Air Force One plane carrying Trump and his wife Melania landed at the Sardar Vallabhbhai Patel international airport here at 11.37 am, officials said. It was scheduled to land at 11.40 am.

Trump, who is also accompanied by daughter Ivanka, son-in-law Jared Kushner and top brass of his administration, will get a taste of India's cultural melange during his high- optics Gujarat itinerary, after the bonhomie between the two leaders at the 'Howdy, Modi!' event in Houston last year.

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News Network
June 5,2020

New Delhi, Jun 5: Shares of Reliance Industries on Friday gained over 2 per cent to hit their one-year high level after the company announced sale of 1.85 per cent stake in its digital unit, Jio Platforms, to Abu Dhabi-based sovereign investor Mubadala.

On BSE, the heavyweight stock jumped 2.38 per cent to Rs 1,617.70 -- its 52-week high.

It surged 2.41 per cent to its one-year high of Rs 1,618 on NSE.

Earlier in the day, Reliance Industries announced the sale of 1.85 per cent stake in its digital unit to Mubadala for Rs 9,093.60 crore, the sixth deal in as many weeks that will inject a combined Rs 87,655.35 crore in the oil-to-telecom conglomerate to help it pare debt.

"Mubadala Investment Company (Mubadala) will invest Rs 9,093.60 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore," the company said in a statement.

With this investment, Jio Platforms has raised Rs 87,655.35 crore from leading global technology and growth investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR and Mubadala in less than six weeks.

Jio Platforms, a wholly-owned subsidiary of Reliance Industries Ltd, is a next-generation technology company.

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News Network
March 5,2020

New Delhi, Mar 5: Retirement fund body EPFO on Thursday lowered interest rate on provident fund deposits to 8.5 per cent for the current financial year, said Labour Minister Santosh Gangwar on Thursday.

The EPFO had provided 8.65 per cent rate of interest on EPF for 2018-19 to its around six crore subscribers. The decision was taken at a meeting of the the Employees' Provident Fund Organisation's (EPFO) apex decision making body -- the Central Board of Trustee.

"The EPFO has decided to provide 8.5 per cent interest rate on EPF deposits for 2019-20 in the Central Board of Trustees (CBT) meeting today," Gangwar told reporters after the meeting here.

Now, the labour ministry requires the finance ministry's concurrence on the matter. Since the Government of India is the guarantor, the finance ministry has to vet the proposal for EPF interest rate to avoid any liability on account of shortfall in the EPFO income for a fiscal.

The finance ministry has been nudging the labour ministry for aligning the EPF interest rate with other small saving schemes run by the government like the public provident fund and post office saving schemes.

The EPFO had provided 8.65 per cent rate of interest to its subscribers for 2016-17 and 8.55 per cent in 2017-18. The rate of interest was slightly higher at 8.8 per cent in 2015-16.

It had given 8.75 per cent rate of interest in 2013-14 as well as 2014-15, higher than 8.5 per cent for 2012-13.

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