Ministers Yogeshwara, Rajugouda may quit today

February 21, 2013

Bangalore, Feb 21: The Congress is yet to announce how many migrants from other parties it will accomodate. But there are speculations that Forest Minister C?P Yogeshwara and Small?Scale Industries Minister Rajugouda will resign from their posts and also give up the BJP membership on Thursday.cpy

It is said that keeping the ‘winnability’ factor in mind, the party high command has orally told these two BJP ministers that they will be inducted into the Congress. However, neither the KPCC?president G Parameshwara nor any of his party colleagues have made any announcement in this regard.

It is said Yogeeshwara and Rajugowda will meet Chief Minister Jagadish Shettar to submit their resignations as ministers in the morning. Later, they may meet Speaker K?G Bopaiah to put in their papers as MLAs.

When contacted by this paper, Yogeshwara said he planned to put in his papers on Thursday. However, he did not categorically say he will join the Congress, though he dropped sufficient hints that he will be the Congress candidate from Channapatna.

Yogeshwara, who is facing a probe by the CID and the Serious Fraud Investigation Office in the Mega City land scam, was elected to the Assembly on a Congress ticket in the 2008 elections. Later, as part of Operation Lotus, he quit the Congress and joined the BJP.

Now, he is all set to return to the Congress. Sources in the Congress said there is stiff resistance from a section of the party to allow the entry of tainted BJP?MLAs.

However, some senior leaders in the party are supporting the BJP?MLAs who are eager to join the Congress. JD(S)?State president H D?Kumaraswamy’s wife and MLA Anita Kumaraswamy is likely to contest from Channapatna. To face the JD(S) in this constituency, the Congress does not have a strong candidate. Hence, it is favouring the re-entry of Yogeeshwara, it is said.

The Congress may not hesitate to allow the entry of four Independent MLAs, it is said. Not less than six BJP?MLAs are waiting for the green signal from the Congress to join the party. But the party is not in a hurry to rush through the decisions as there are many ticket aspirants in the party itself.

The BJP may lose some more MLAs in the coming days. Belur Gopalakrishna, MLA from Sagar, on Wednesday told reporters that he had decided to quit the BJP as the party has ignored him and his Idiga community.

“There are four Cabinet berths vacant. Still, the party is not filling them with deserving candidates. Idigas are nearly 60 lakh in population. But the BJP did nothing for this community,” he said. Asked whether he would join the Congress, he did not offer a direct reply.

Pratap Gouda Patil, BJP?MLA from Maski, may also quit the party soon. Shankarlinge Gowda, BJP?MLA from Chamaraja constituency of Mysore, has already identified himself with the JD(S). He may soon resign as an MLA.

Water Resources Minister Basavaraj Bommai and Suresh Gowda, BJP?MLA from Tumkur Rural, have spiked rumours that they would join the Congress. While Bommai said that he would be with the BJP, Gowda said he had never sought a Congress ticket. At present, the strength of the BJP is 105. Independent MLA Varthur Prakash is a minister. The resignations of two BJP?MLAs Vittal Katakadonda and D?S?Suresh are pending with the Speaker. The Congress has 71 members, while the JD(S) has 25.

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News Network
March 13,2020

Mumbai, Mar 13:  Investor wealth worth nearly Rs 12 lakh crore was wiped out in less than 15 minutes of trading on the stock exchanges on Friday, with the two benchmarks, the BSE Sensex and the NSE Nifty, crashing over 10 per cent.

The 30-share BSE Sensex plummeted 3,380.59 points, or 10.31 per cent, to 29,397.55. It hit an intra-day low of 29,388.97, falling up to 3,389.17 points.

Trading was halted for 45 minutes in the early session after the index hit its lower circuit limit.

The BSE and NSE benchmark indices, however, pared most losses with the Sensex trading 835.40 points, or 2.55 per cent, lower at 31,942.74, and the Nifty was down 253.25 points or 2.64 per cent at 9,336.90 at 10.40 am.

The mayhem on Dalal Street eroded investor wealth worth Rs 12,92,479.88 crore, taking the total m-cap to Rs 1,12,78,172.75 crore on the BSE at 1020 hours.

The m-cap of BSE-listed companies stood at Rs 1,25,70,652.63 crore at the end of trading on Thursday.

Traders said besides global selloff, incessant foreign fund outflows also weighed on investor sentiments.

On a net basis, foreign institutional investors sold equities worth Rs 3,475.29 crore on Thursday, data available with stock exchanges showed.

On the BSE, 1,279 scrips declined, while 193 advanced and 40 remained unchanged.

Volatility heightened in global markets as benchmarks world over went into panic mode, insinuating a freakish selloff.

Bourses in Shanghai dropped over 3.32 per cent, Hong Kong 5.61 per cent, Seoul 7.58 per cent and Tokyo cracked up to 7.97 per cent.

Wall Street lost 10 per cent in overnight trade.

More than 1,30,000 cases of the novel coronavirus have been recorded in 116 countries and territories, killing at least 4,900 people.

The number of coronavirus patients in India has risen to 74, as per the health ministry.

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News Network
June 25,2020

New Delhi, Jun 25: Diesel price in the national capital crossed the Rs 80 per litre-mark for the first time ever on Thursday as oil companies raised prices for the 19th day, taking the cumulative rate to Rs 10.63 a litre.

Petrol price, after a day's hiatus, was hiked by 16 paise and the increase in less than three weeks now totals Rs 8.66 per litre.

Petrol price in Delhi was hiked to Rs 79.92 per litre from Rs 79.76, while diesel rates were increased to Rs 80.02 a litre from Rs 79.88, according to a price notification of state oil marketing companies.

Diesel had for the first time become costlier than petrol in Delhi on Wednesday and has now crossed the Rs 80 per litre-mark.

Rates differ from state to state depending on the incidence of value-added tax (VAT).

However, diesel is costlier than petrol only in the national capital where the state government had raised local sales tax or VAT on the fuel sharply last month. It costs less than petrol in other cities.

The 19th daily increase in rates since oil companies on June 7 restarted revising prices in line with costs after ending an 82-day hiatus in rate revision, has taken diesel prices to fresh highs.

In 19 straight days, diesel price has gone up by Rs 10.63 per litre. Petrol price has been hiked on 18 occasions since June 7 and now totals to Rs 8.66 a litre.

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News Network
June 15,2020

New Delhi, Jun 15: With an increase of 11,502 cases in the past 24 hours, the COVID-19 count in India reached 3,32,424 on Monday, according to the Union Health and Family Welfare Ministry.

The spike is marginally lower than the highest-ever spike of 11,929 new cases the country registered a day earlier.

With 325 deaths being reported from across the country, the toll due to COVID-19 has now reached 9,520.

The COVID-19 count includes 1,53,106 active cases while 1,69,798 patients have been cured and discharged or migrated so far.

Maharashtra with 1,07,958 cases continues to be the worst-affected state in the country with 53,030 active cases while 50,978 patients have been cured and discharged in the state so far. 3,950 deaths have been reported due to the infection so far from Maharashtra.

It is followed by Tamil Nadu with 44,661 cases and the national capital with 41,182 confirmed cases.

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