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Govt ‘Appropriated’ 99% of RBI’s Profits Since 2014: Sitaram Yechury on Cash Transfer
The Left leader’s reaction came a day after the Reserve Bank of India (RBI) approved the transfer of a record Rs 1.76 lakh crore dividend and surplus reserves to the government, boosting the BJP-led regime’s prospect to stimulate the slowing economy without widening fiscal deficit. New Delhi: CPI(M) general secretary Sitaram Yechury hit out at the Centre on Tuesday over the record cash transfer by the RBI, alleging that the government had “appropriated” 99 per cent of the profits of India’s central banking institution since 2014. The Left leader’s reactionRead More
Chidambaram Painted as ‘Kingpin’ of an Offence That Did Not Exist in 2007, Supreme Court Told
Abhishek Manu Singhvi, representing Chidambaram, told the court that the offence allegedly dated back to 2007-08 but the PMLA provisions only came into effect in 2009. New Delhi: Questioning the Enforcement Directorate case against P Chidambaram, senior advocate Abhishek Manu Singhvi on Tuesday argued that the PMLA law was being applied retrospectively against the former finance minister. Singhvi, representing Chidambaram in his petition to seek pre-arrest bail in ED’s case in the INX Media scandal, told the court that the offence allegedly dated back to 2007-08 but the PMLA (Prevention ofRead More
Andhra to Have 4 Capitals Instead of Amaravati? BJP MP Claims Jagan Reddy Has Told Centre About Plan
Andhra Pradesh chief minister YS Jagan Mohan Reddy is planning to establish capitals in Vizianagaram, Kakinada, Guntur and Kadapa in a bid to decentralise the development of the state across all regions. Hyderabad: The debate over the shifting of Andhra Pradesh capital from Amaravati picked up pace on Sunday after it was revealed that Andhra Pradesh chief minister YS Jagan Mohan Reddy is planning to announce four capital cities for the state. Amid an ongoing tussle between the ruling YSR Congress Party and the TDP over the construction of new capital,Read More
Amit Shah to Meet CMs of Maoist-hit States, Review Ongoing Operations against Naxals Today
Chief ministers or their representatives and top police and civil officials of 10 Naxal-violence affected states are expected to attend the meeting — a first of its kind after Shah assumed charge about three months ago. New Delhi: Union Home Minister Amit Shah on Monday will take stock of the ongoing operations against Naxals and the development initiatives being undertaken in Maoist-hit areas, officials said. Chief ministers or their representatives and top police and civil officials of 10 Naxal-violence affected states are expected to attend the meeting — a first ofRead More
BJP MLA Allegedly Threatened Electricity Board After Herd of Cows Was Electrocuted in MP’s Sagar
The BJP MLA from Rehli, Gopal Bhargava is said to have threatened the board with severe protests, demanding compensation for the cattle owners. BJP leader Gopal Bhargava allegedly threatened to attack an electricity board building after a herd of cows was electrocuted in Madhya Pradesh’s Sagar district. He is said to have threatened the board with severe protests, demanding compensation for the cattle owners. In a video, the Rehli MLA is seen threatening officials saying that stones will be pelted at the building of the board, according to an ANIRead More