Nitish's son richer than father by over three times

January 1, 2014
Patna, Jan 1: The Chief Minister Nitish Kumar's son Nishant has cash and movable/immovable properties worth nearly Rs two crore to make him more than three times richer than his father, according to the declaration of assets and liabilities by Kumar for the calender year 2013. nithish

Kumar has personal fortune comprising cash, deposits in banks and movable/immovable properties worth Rs 68 lakh in contrast to his son's properties worth about Rs 1.99 crore comprising deposits in banks and investment to the tune of Rs 81.68 lakh and immovable properties over Rs 1.15 crore.

Both the Chief Minister and his son have shown no financial liabilities.

Interestingly, Kumar has only Rs 17,090 cash in hand, while his son has even less cash with him at Rs 7095 only.

The Chief Minister had declared income of Rs 1,41, 412 for self in the financial year 2012-13 as against his son's income at Rs 4,02,250.

Kumar's son has overtaken him by a wide margin in terms of accumulation of movable assets comprising deposits, investment and durables worth Rs 81.68 lakh against Rs 6.88 lakh, according to the declaration made by the Chief Minister.

In terms of accumulation of immovable assets like land and other properties, the Chief Minister's son has such assets worth Rs 1.17 crore as against Kumar's Rs. 53.38 lakh.

Compared to declaration by the Chief Minister in 2011 and 2012, his financial fortunes have shrunk consistently over the past two years, while that of his son has grown manifold during the same time span.

The Chief Minister had made it mandatory for himself and his ministers to declare their assets annually by December 31 every year since 2010 after romping to a landslide victory for a second successive term.

All JD(U) ministers too have declared their assets and properties for the year 2013.

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News Network
May 10,2020

May 10: Delhi recorded five more deaths due to coronavirus, while 381 fresh cases of the virus were reported, the city government said on Sunday.

With the fresh cases, the virus tally in the national capital has climbed to 6,923.

Between midnight of May 8 and midnight of May 9, five fresh fatalities due to the virus were reported, taking the death toll to 73, the government said in its health bulletin.

While there are 4,781 active cases of the virus in the city, 2069 patients have so far recovered from COVID-19.

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News Network
June 10,2020

New Delhi, Jun 10: Petrol price on Wednesday was hiked by 40 paise per litre and diesel by 45 paise, the fourth straight daily increase in rates after oil PSUs ended an 82-day hiatus in rate revision. Petrol price in Delhi was hiked to Rs 73.40 per litre from Rs 73, while diesel rates were increased to Rs 71.62 a litre from Rs 71.17, according to a price notification of state oil marketing companies.

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

This is the fourth daily increase in rates in a row since oil companies on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus.

In four hikes, petrol price has gone up by Rs 2.14 per litre and diesel by Rs 2.23.

Latest petrol, diesel prices in top cities:

New Delhi: Petrol ₹73.40. Diesel ₹71.62

Gurgaon: Petrol ₹72.86. Diesel ₹64.90

Mumbai: Petrol ₹80.40. Diesel ₹70.35

Chennai: Petrol ₹77.43. Diesel ₹70.13

Hyderabad: Petrol ₹76.20. Diesel ₹70b

Bengaluru: Petrol ₹75.77. Diesel ₹68.09

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Agencies
July 23,2020

Expressing concern over the ban imposed on TikTok by the government of India, Facebook CEO Mark Zuckerberg has reportedly called the development in the south Asian country “worrisome”.

TikTok was amongst the 59 Chinese apps that were banned in India but why it hogs the maximum limelight because TikTok had the second-largest user base in India with over 200 million users.

As per The Verge writer Casey Newton, Zuckerberg was worried about TikTok’s India ban. Although it soon cashed into the opportunity and released a TikTok clone “Reels”, the government’s reason behind banning the app in India wasn’t received well by Mark Zuckerberg. 

He had said that if India can ban a platform with over 200 million users in India without citing concrete reasons, it can also ban Facebook if something goes amiss on the security and privacy front.

Why Mark finds it particularly worrisome because Facebook is already involved in a lot tussle with the governments across the world involving national security concerns. 

“Facebook already faces fights around the world from governments on both the left and the right related to issues that fit under the broad umbrella of national security: election interference, influence campaigns, hate speech, and even just plain-old democratic speech. Zuckerberg knows that the leap from banning TikTok on national security grounds to banning Facebook on national security grounds is more of a short hop,” the report by Casey read.

Facebook till now has not faced any kind of issue in India but considering the debacle with the other governments, it is not entirely wrong to worry about its future in India if any national security issue arises. Back in 2016, Facebook’s Free Basics service, which means a free but restricted internet service, was banned in India by the telecom regulators. 

The TRAI had said that the Free Basic services were banned in India because it violated the principles of net neutrality. With Free Basics services, Facebook had planned to bring more unconnected users online. But since 2016, there has been no major tussle between the Indian government and Zuckerberg due to national security issues.

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