Siddaramaiah downplays rift in Congress

DHNS
September 3, 2017

Bengaluru, Sept 3: “Ask Parameshwara (state Congress president) about it.” This is how Chief Minister Siddaramaiah reacted on Saturday on seeking to know the reason for Parameshwara not attending the swearing-in ceremony of new ministers on Friday.

Initially, Siddaramaiah sought to downplay the issue, saying that the KPCC chief could not attend the ceremony as he was away in Delhi. But when media persons pointed out that Parameshwara was very much in Bengaluru on Friday, a visibly upset chief minister asked media persons to pose the question to the state Congress president.

Parameshwara and many senior Congress leaders kept off the ceremony as they were upset with Siddaramaiah for not taking them into confidence while selecting candidates for expanding the council of ministers. Siddaramaiah decided to induct Gundlupet MLA Geetha Mahadeva Prasad, who is the widow of late H S Mahadeva Prasad, instead of Tiptur MLA K Shadakshari. It was done without informing the state Congress president and other senior leaders of the state unit, sources in the state Congress said.

Parameshwara is also upset with Siddaramaiah’s decision to make former union minister C M Ibrahim a MLC in the recently held byelection. The KPCC chief was lobbying to get the seat to his close follower G C Chandrashekar.

Sources said a majority of the leaders who attended Friday’s ceremony were close followers of Siddaramaiah. Many senior party leaders and Cabinet ministers, including Revenue Minister Kagodu Thimmappa and Energy Minister D K Shivakumar, kept themselves away from the ceremony held at Raj Bhavan. Shivakumar was eyeing at the Home portfolio, but the chief minister chose to give it to Ramalinga Reddy.

Parameshwara was, however, not available for comments. Shivakumar denied that he was upset with the chief minister. “I am not upset with anybody. I am a straight fighter. There is no confusion in the party,” he told reporters.

Comments

Danish
 - 
Sunday, 3 Sep 2017

Silence is better infront of media till election

Suresh
 - 
Sunday, 3 Sep 2017

Good reply from CM. He trying to avoid unwanted issues. Media need to know the reason and they wanted to make that issue bigger. 

Hari
 - 
Sunday, 3 Sep 2017

Rubbish. He is the CM. He is prominent cong lHe should know the reason. He always downplays

Jinu
 - 
Sunday, 3 Sep 2017

If need to know the reason, should ask to parameshwara, not to cm

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News Network
February 13,2020

Bengaluru, Feb 13: Karnataka Chief Minister BS Yediyurappa on Thursday said the government had initiated measures to implement the Sarojini Mahishi report as the 12-hour Karnataka bandh call by several pro-Kannada organisations under the banner of Karnataka Sanghatanegala Okkoota began on Thursday.

“Government always stood for Kannada and Kannadigas and initiated measures to implement the Sarojini Mahishi report,” Yediyurappa said. Meanwhile, in Bengaluru, Ola, Uber and auto services were affected even though buses were plying as usual. Security has also been beefed up in Bengaluru after stones were pelted at a Tirupati-Mangaluru bus in Farangipet, though no one was injured.

Bangalore University has postponed all postgraduate (PG) exams scheduled for today. A pro-Kannada activist, Praveen Shetty, was kept under house arrest and police have detained a few people, including those involved in Cauvery protests and other bandh cases.

The organisations are demanding the implementation of a report by former union minister Sarojini Mahishi that recommends a certain percentage of jobs to Kannadigas in public sector undertakings, private companies, and multinational companies. The report was submitted in 1984 but is yet to be implemented.

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News Network
February 17,2020

Bengaluru, Feb 17: The Karnataka govt has set up an exclusive helpline 104 'Arogya Sahayavani' for Coronavirus assistance to people with recent travel history to China and other affected countries, a statement said here on Monday.

According to the statement, the Karnataka Department of Family and Welfare set up the exclusive helpline 104, 'Arogya Sahayavani' on Sunday. People, who recently traveled to China and other affected countries and who have developed symptoms of Covid-19 virus are requested to immediately contact 104–Arogya Sahayavani or the health authorities and provide all necessary details in order to take precautionary measures.

The World Health Organization (WHO) has declared the recent novel Coronavirus (COVID 2019) as an International Public Health Emergency of International Concern.

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News Network
April 21,2020

Global oil markets remained under intense pressure on Tuesday, with Brent crude dropping below $20 per barrel for the first time in 18 years while other major benchmarks across the world tumbled. 

Brent, the international crude marker, slipped to $18.10, indicating that markets see no immediate let-up to the collapse in oil demand that sent some US oil benchmarks plunging under $0 for the first time on Monday, leaving producers paying for buyers to take their oil away while available storage is scarce.

Coronavirus has sent the oil sector into a state of crisis, with lockdowns implemented by authorities to smother the outbreak slashing demand for crude by as much as a third.

Contracts for the US benchmark West Texas Intermediate for delivery next month tumbled as low as minus $40 a barrel on Monday. Analysts at Citi warned that “if global storage worsens more quickly, Brent could chase WTI down to the bottom”.

The collapse in the May WTI contract was partly a technical product of the fact that it expires on Tuesday, meaning trading volumes were low and making the contract for June delivery more noteworthy, analysts said. That contract held above $20 a barrel on Monday but slid as much as 42 per cent on Tuesday to trade at lows of $11.79, suggesting the blowout in the May contract was more than a blip and that the entire global oil market faced challenges.

Goldman Sachs analysts said the June contact was likely to face downward pressure in the coming weeks, pointing to the “still unresolved market surplus”.

“As storage becomes saturated, price volatility will remain exceptionally high in coming weeks,” they said. “But with ultimately a finite amount of storage left to fill, production will soon need to fall sizeably to bring the market into balance, finally setting the stage for higher prices once demand gradually recovers.”

Warren Patterson, head of commodities strategy at ING, said it was likely that “storage this time next month will be even more of an issue, given the surplus environment”.

“And so in the absence of a meaningful demand recovery, negative prices could return for June,” he added.

European equities traded lower, partly dragged down by weaker energy stocks. The continent-wide Stoxx 600 was down 1.9 per cent, with its oil and gas sub-index dropping 3.3 per cent. In London the FTSE shed 1.7 per cent, while Frankfurt’s Dax slid 2.3 per cent. 

Equities were also broadly lower in Asia, with futures tipping US stocks to fall 1 per cent when trading in New York begins later.

On Wall Street overnight, the S&P 500 closed down 1.8 per cent, partly because of weakness in energy shares, but also due to increased pessimism over the time it will take for countries to emerge from lockdowns.

In fixed income, the yield on the 10-year US Treasury fell 0.03 percentage points to 0.585 per cent as investors retreated to the safety of the debt.

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