Petrol price hike: Bandh may hit normal life today

May 31, 2012

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New Delhi/MumbaI/Chennai, May 31: The BJP and the CPM will come together in a nationwide protest against hike in petrol prices on Thursday. Markets may remain shut and autos and taxis might go off the roads.

Delhi: Traders decide to support BJP's call

Residents of the Delhi may find many markets shut and fewer autos and taxis on the road today, with BJP workers staging demonstrations on arterial roads against the steep hike in fuel prices. The party claims it has the support of over 300 traders' associations and several taxi and auto unions.

While the bandh has been called across India, the introduction of 5% VAT on CNG in Delhi budget is also an issue in the capital. On Wednesday, Delhi BJP president Vijender Gupta held a padyatra in Connaught Place asking traders to support the bandh.

On Wednesday, Delhi BJP president Vijender Gupta held a padyatra in Connaught Place asking traders to support the bandh. BJP has also decided to disrupt the ongoing budget session in the assembly. Police said that besides 35 extra companies of security personnel, another 50,000 cops would be out on the roads.

"We want to ensure that every major road has police presence. We are aware of a few protest spots and have the resources to rush in to control any situation. We warn people not to flout the law; those found rioting will be charged with destruction of public property," said a senior officer. Despite poor footfalls in the market due to rise in temperature, traders' associations have decided to support the bandh. "We have to stand together. This government has become arrogant and is not concerned about the people, who are suffering. Everything — from food items to gadgets— has become expensive. Still there is no stopping the government from increasing the prices of petrol and CNG. In Delhi, CNG is going to be the main issue," said Praveen Khandelwal, secretary general of Confederation of All India Traders.

While most traders have decided to support BJP's bandh call, some are said to be doing so out of fear. "We fear that the protestors might get violent if the markets are open. Not wanting to take chances, we have decided to close the market," said a trader from Khan Market. With more than 50,000 BJP workers expected to stage demonstrations at 100-odd locations, BJP is hopeful the government will be forced to rollback petrol and CNG prices. While BJP workers will protest outside, party MLAs are planning a stormy session in the assembly on Thursday.

Senas back bandh, Maharashtra talks tough

Undeterred by the Shiv Sena and MNS lending their political muscle to the BJP-called Bharat bandh over the steep hike in petrol price last week, the state government announced that it would be business as usual in Mumbai on Thursday. Nevertheless, local politicians expect trouble in saffron strongholds and the police have been deployed in full force.

Train services will run as usual and BEST has promised additional services if required. The same cannot be said for autos and taxis. While the bigger unions led by Sharad Rao and A L Quadros said their autos and taxis will ply, Sena-led unions have threatened to enforce the bandh.

"As long as the bandh is peaceful we have no objection. But if politicians indulge in violence and enforce it, we will not tolerate it," home minister R R Patil told TOI. On Wednesday, Patil held a marathon meeting with top police officials even as the saffron alliance charted their strategy to ensure that their bandh is a success.

Bandh expected to evoke poor response in Tamil Nadu

The nation-wide strike called by the NDA and Left parties on Thursday to condemn the hike in petrol price is unlikely to have much impact in Tamil Nadu with the state government taking steps to ensure maintenance of all essential supplies and services to the people.

However, autorickshaws might go off the roads as most of the drivers are affiliated to leftist trade unions.

Though a few milk dealers have supported the strike, sources in the state-owned Aavin said that measures have been taken to ensure uninterrupted milk supply.

"We have made all arrangements to have enough stock of milk in our parlours and outlets to ensure that the public will not be affected," a senior Aavin official said. Government sources assured that all hospitals and public transport will function as usual.

"The full fleet will be pressed into service in the city as well as across the state," an official from transport department said.

Police sources said additional personnel have been deployed at sensitive areas across the state to curb any untoward incidents.

Meanwhile, BJP state unit president Pon Radhakrishnan has appealed to all the political parties, commercial establishments and people of the state to support the bandh.

In a release, he said that since the hike in petrol price will test the patience of the people reeling under high inflation, the party had called for a nation-wide strike to condemn the UPA government move.

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News Network
April 1,2020

New Delhi, Apr 1: The number of COVID-19 cases climbed to 1,637 in the country on Wednesday while the death toll rose to 38, according to the Union Health Ministry.

The number of active COVID-19 cases stands at 1,466, while 132 people were either cured or discharged and one had migrated to another country, the ministry stated.

As per the health ministry's updated data at 9 AM, three fresh deaths were reported since the last update on Tuesday. However, it could not be known from which parts of the country these three fatalities were reported.

Till Tuesday night, Maharashtra had reported the most deaths (9) in the country so far, followed by Gujarat (6), Karnataka (3) Madhya Pradesh (3), Punjab (3), Delhi (2), West Bengal (2) and Jammu and Kashmir (2). 

Kerala, Telangana, Tamil Nadu, Bihar and Himachal Pradesh have reported a death each.

The state-wise breakup of the cases was also not available immediately.

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News Network
January 15,2020

Jammu, Jan 15: Fresh landslides kept the Jammu-Srinagar National Highway shut for the third consecutive day on Wednesday, leaving over 5000 vehicles stranded.

"There were four fresh landslides in Digdol and Panthiyal belts on the highway in Ramban district. The traffic on the highway remained closed for the third day today", a police officer told PTI.

On Monday, heavy rains triggered shooting of stones in Moumpassi, Digdole and Panthiyal areas, forcing a suspension of the traffic, the official said.

Snowfall in Kashmir side of the highway, including Jawahar Tunnel, since Sunday has resulted in blockade of the highway.

"No fresh traffic was allowed from Nagrota in Jammu for Kashmir", he said.

As a result of the blockade of the highway, over 5000 vehicles remained stranded at various places en route from Lakhanpur in Kathua district to Banihal belt of Ramban district and also on the Kashmir side.

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News Networkwork
May 14,2020

Bengaluru, May 14: ABB India has posted a profit after tax of Rs 66 crore during the first quarter (January to March) due to lower volumes including service revenue and unfavourable mix.

In Q1 CY19, it had reported a profit after tax of Rs 89 crore. ABB India follows calendar year as its fiscal year.

The company reported a profit including exceptional items and before tax of Rs 87 crore. The resultant under-absorption and mark-to-market impact due to forex volatility were partly offset by refund incomes and a one-time gain on sale of solar business during the quarter.

Revenues for the first quarter stood at Rs 1,522 crore, impacted by lower sales, non-receipt of delivery clearance, lower service revenue in the nationwide lockdown due to the COVID-19 pandemic. This impact primarily occurred in March, the company said in a statement.

ABB India said it continues to maintain a stable cash position of Rs 1,464 crore as on March 31 in a market where cash collection continues to be a challenge.

Besides, despite many activities coming to a standstill in March, the quarter was marked by commissioning for a mining major at Raigarh in Chhattisgarh, electrical and automation systems for a cement major and port and electrics, drives and automation for a leading mill in Bangladesh.

Terminal installation and commissioning for LPG, power management electrical control system for a leading refinery and commissioning of two units of a power plant in Kerala are some of the other projects where ABB's involvement ensured continuity and safe operations, it said.

On a global scale, the impact of COVID-19, as well as the fall in oil prices, has significantly impacted the short-term outlook. The global economy is expected to contract in 2020 after a rapid deterioration in outlook driven by the pandemic.

Despite unprecedented stimuli by governments and central banks around the world and initial signs of recovering economic activity in China, macro-indicators point to a global recession of uncertain duration as many countries continue to face restrictions with anticipated long-term economic consequences, said ABB India.

While the company is taking prompt action to adapt its operations and cost base to safeguard profitability, it expects the results in the coming quarter to be impacted due to the loss of volumes.

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