(PTI) The Governor’s rule in Jammu and Kashmir was imminent after the three-year-old state government collapsed today with the BJP pulling out of its alliance with the PDP. The Union Home Ministry was awaiting a report from Jammu and Kashmir Governor N N Vohra after that necessary formalities related to the imposition of the central rule would be initiated, officials said today. Home Minister Rajnath Singh held a high-level meeting at his residence with Home Secretary Rajiv Gauba, and senior officials of the Intelligence Bureau and his ministry to assess the ground situation in the sensitive state.
Author: Amit Bhanot
(PTI) Finance Minister Piyush Goyal today said the government is open to giving more powers to RBI to deal more effectively with frauds like the ones allegedly committed by diamond jeweller Nirav Modi in PNB. Goyal’s comment comes within days of RBI Governor Urjit Patel reportedly telling a parliamentary standing committee that the central bank lacked enough powers to effectively regulate Public Sector Banks (PSBs). On RBI’s stand, Goyal said however that those were the views of the Governor about powers of regulation and supervision of the central bank. “We believe that powers are available with the Reserve Bank and that is the conversation…
(DJ) जम्मू-कश्मीर में पीडीपी के साथ भाजपा का तीन साल पुराना बेमेल गठबंधन आखिरकार टूट गया। भाजपा ने अपनी ओर से बाई बाई करते हुए ठीकरा पीडीपी के सिर फोड़ा। इसके साथ ही वहां एक बार फिर से राज्यपाल शासन लागू होना तय हो गया है। विधानसभा में राजनीतिक दलों की जो शक्ति है उसे देखते हुए यह मानकर चला जा सकता है कि परिस्थिति सामान्य होने तक शायद राज्यपाल शासन ही रहे और फिर से चुनाव के बाद ही कोई नई सरकार दिखे। मंगलवार को भाजपा अध्यक्ष अमित शाह के साथ जम्मू-कश्मीर के भाजपा के मंत्रियों व पदाधिकारियों की…
(FE) In yet another long blog, Finance Minister and senior BJP leader Arun Jaitley on Monday lauded the fourth quarter GDP growth of 7.7 per cent saying the future looked much brighter than the past.“The fourth quarter result of GDP data showed a phenomenal 7.7 per cent growth rate and has established India firmly as the fastest growing global economy. This trend, according to experts, is likely to continue for the next few years, he wrote.
(FE) Oil minister Dharmendra Pradhan on Monday said that he will seek “responsible crude oil pricing” from Organization of the Petroleum Exporting Countries (OPEC) at a meeting being held in Vienna and ensure that oil prices remain within common man’s reach. “The OPEC countries are going to meet in Vienna. India is also going to be a part of it. We will put our points forward. We’ll seek responsible crude oil pricing from OPEC & we will ensure that oil prices remain within common man’s reach,” Oil Minister Dharmendra Pradhan was quoted as saying by ANI. A major shakeup is expected…
(AU) मध्यप्रदेश में इसी साल होने वाले विधानसभा चुनाव से पहले कांग्रेस की उम्मीदों को बड़ा झटका लगा है। बहुजन समाज पार्टी (बसपा) देश में भले ही कांग्रेस के महागठबंधन में शामिल हो, लेकिन मध्यप्रदेश विधानसभा चुनाव वो अकेले ही लड़ेगी। बसपा के प्रदेश अध्यक्ष नर्मदा प्रसाद अहिरवार ने कांग्रेस से गठबंधन को लेकर चल रही खबरों को अफवाह बताया है। उन्होंने रविवार को प्रेस कॉन्फ्रेंस में कहा कि कांग्रेस से गठबंधन के बारे में कोई भी फैसला नहीं लिया गया है। अहिरवार ने कहा कि प्रदेश में किससे गठबंधन करना है, इसका फैसला बसपा सुप्रीमो मायावती चुनाव से तीन माह…
(LiveMint) India’s Oil and Natural Gas Corp. Ltd (ONGC), which once had $4.3 billion of funds, is now bleeding cash.The state-run company’s cash reserves have shrunk by more than 90% in the past year, after it was ordered to purchase the administration’s stake in a refiner and it paid a record dividend. ONGC’s reserves dropped to about Rs1,000 crore as on 31 March from nearly Rs13,000 crore a year earlier, according to data complied by Bloomberg. ONGC’s largest shareholder, Prime Minister Narendra Modi’s government, has been tapping state-run companies including India’s biggest energy explorer to bridge its fiscal deficit. That’s left…
(LiveMint) The Securities and Exchange Board of India (Sebi) has powers to impose a penalty but not demand the resignation of ICICI Bank Ltd chief executive Chanda Kochhar if it finds she and the bank did not abide by fair disclosure norms in its ongoing probe. A maximum penalty of ₹25 crore, or three times the ill-gotten gains, can be levied under Sebi rules, but in this case, the quantum of the penalty may be at the discretion of Sebi’s adjudicating officer, according to two executives familiar with the development. “Only a financial penalty can be levied as under the…
(FE) Smart facial recognition system in Varanasi airport: Soon, the Lal Bahadur Shastri International Airport in Varanasi, Uttar Pradesh will become the first airport in India to have an automated smart facial recognition system. The automated smart facial recognition system at the Varanasi airport will aim to ensure hassle-free movement of travellers from entry to boarding points, according to an HT report. The automated smart facial recognition system has been developed under Prime Minister Narendra Modi’s DigiYatra scheme. Interestingly, under the programme, to avail this facility two other airports other than Varanasi airport have been selected, namely Visakhapatnam airport and Kolkata…