Author: Aruna Sharma

(PTI) Fugitive jeweller Nirav Modi obtained his first fraudulent guarantee from PNBBSE -3.88 %’s Brady House branch in Mumbai on March 10, 2011 and managed to get 1,212 more such guarantees over the next 74 months, Finance Minister Arun Jaitley said today. Companies linked to Nirav Modi obtained Letters of Undertaking (LoUs), which were used to get loans from overseas branches of Indian banks, up to five guarantees on a single day, with the help of rouge employees of the country’s second biggest state-run bank. In a written reply to a question in the Rajya Sabha, Jaitley said the last…

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(PTI) Union minister Jayant Sinha today said safety of passengers was paramount for the government and aircraft with Pratt & Whitney engines could be used only after they were considered safe post technical analysis. His comments came after the aviation regulator DGCA grounding 11 A320Neo planes with faulty Pratt & Whitney engines. “We have to give paramount priority to safety. There are 43 such engines in the worldwide, out of which 19 are currently in India, used by IndiGo and GoAir. “We don’t consider these engine safe as of now and the technical analysis is underway. They could be used…

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PSU

(TH) Shares of Nagarjuna Oil Corp and Bharat Petroleum Corp will remain in focus, as the latter is eyeing the former. In a notice to the stock exchanges, BPCL said its board has approved a proposal to participate in the insolvency resolution process. The PSU major “will look at this as an opportunity” and will submit a resolution plan to the professional by March 17, the company said in a statement to the stock exchanges. Investors will closely monitor the development.

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(DJ) गोरखपुर व फूलपुर लोकसभा सीट पर हुए उपचुनाव के वोटों की गिनती शुरु हो गई है।  सबसे पहले बैलेट वोट गिनती जारी है। शुरुअाती रुझान में दोनों जगह पर भाजपा प्रत्याशी अागे चल रहे हैं।  इसके बाद ईवीएम के वोटों की गिनती होगी। दोपहर 12 बजे तक दोनों सीटों के नतीजे आने की उम्मीद है। गोरखपुर लोकसभा सीट मुख्यमंत्री योगी आदित्यनाथ के इस्तीफा देने के कारण खाली हुई है। जबकि, इलाहाबाद की फूलपुर सीट उप मुख्यमंत्री केशव प्रसाद मौर्य के इस्तीफा देने के कारण खाली हुई है। इन दोनों सीटों पर 11 मार्च को उपचुनाव हुए थे। गोरखपुर में…

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(FE) The Supreme Court on Wednesday will continue hearing the Ayodhya land dispute. On February 9, the top court was likely to start ‘final hearings’ on a bunch of 13 petitions over the 2.7 acre land dispute that is claimed by both Hindus and Muslims. However, the date was postponed, as some documents and translations were not filed before the apex court. The petitions before the judges relate to the 2010 verdict of the Allahabad High Court in the title suit that had been pending for nearly six decades. The dispute before the court was whether the 2.7 acres of…

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(Tribune) Congress Legislature Party (CLP) leader Mukesh Agnihotri today hit out at Chief Minister Jai Ram Thakur for pushing the “Hindutva” agenda in his budget for the year 2018-19 which had no long-term vision as most scheme were the ones initiated by the previous Congress regime.Initiating a debate on the budget proposals for 2018-19 presented by Chief Minister Jai Ram Thakur in the Vidhan Sabha on March 9, he said the Chief Minister had failed to present the blue print for the state’s development in the next five years. “Being your first budget, not just we but the people of…

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(Tribune) Uttarakhand BJP candidate Anil Baluni formally filed his nomination papers for the Rajya Sabha Monday.Accompanied by CM TS Rawat, Cabinet minister Madan Kaushik, BJP chief Ajay Bhatt, Baluni submitted his nomination papers before the Returning Officer Madan Singh Kunjwal and Assistant Returning officer Neeraj Gaur at the Vidhan Sabha. The papers were signed by 28 MLAs who had acted as proposers for his nomination.“Like Prime Minister Narendra Modi I believe in doing work rather than speaking and I will let my work to speak for itself. But, one thing is certain that I am eager to contribute for my…

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(PTI) Jammu and Kashmir Finance Minister Haseeb Drabu, one of the architects of the PDP-BJP alliance in the state, was unceremoniously removed from the council of ministers by Chief Minister Mehbooba Mufti over his remarks that the Kashmir issue was not a political one, officials said. The chief minister, who returned from the national capital to Jammu, shot off a letter to the state Governor N N Vohra requesting him to drop Drabu from her council of ministers with immediate effect, PDP sources said. The Governor, after examining the letter, wrote back to the chief minister conveying his nod to her…

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(AU) राज्यसभा चुनाव के लिए वित्त मंत्री अरुण जेटली, कानून मंत्री रविशंकर प्रसाद समेत कई नेताओं ने सोमवार को अपना नामांकन कराया। भाजपा ने यूपी की 10 सीटों के लिए 11 और गुजरात की 4 सीटों के लिए तीन उम्मीदवारों का पर्चा दाखिल कराकर चुनाव को दिलचस्प बना दिया है। आंकड़ों के हिसाब से यूपी से भाजपा अपने आठ उम्मीदवारों को आसानी से जितवा सकती है। उसके इस फैसले से सपा के समर्थन से खड़े बसपा उम्मीदवार की मुश्किलें बढ़ सकती हैं। इससे पहले यूपी में भाजपा के आठ उम्मीदवारों अरुण जेटली, अशोक वाजपेयी, अनिल जैन, विजयपाल सिंह तोमर, सकलदीप राजभर, कांता कर्दम,…

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(LiveMint) Union ministers Arun Jaitley, Ravi Shankar Prasad, Dharmendra Pradhan and Thawar Chand Gehlot were among the prominent candidates who filed their nomination papers for the 23 March Rajya Sabha polls in various states. Finance minister Jaitley, a sitting member of the upper house from Gujarat, was among the 11 BJP nominees who filed their papers from Uttar Pradesh. Union ministers Parshottam Rupala and Mansukh Mandavya of Bharatiya Janata Party (BJP) filed their nominations from Gujarat. Law minister Ravi Shankar Prasad, joined the fray once again from his home state Bihar, while Pradhan, minister for petroleum and natural gas, filed his…

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