Monday, 27 July 2015 10:39
In the wake of attack by suspected terrorists in Gurudaspur on Monday, Home Minister Rajnath Singh spoke to Punjab Chief Minister Parkash Singh Badal and assured him full central assistance to tackle the situation.
“I have spoken to the Punjab Chief Minister, who apprised me of the developing situation in Gurudaspur. Security forces have rushed to the spot,” Singh, who is on way to Madhya Pradesh, said in New Delhi.
The Home Minister said the central government is monitoring the situation and he was confident that the situation would be brought under control.
Friday, 22 May 2015 12:33
A Dalit youth was brutally assaulted and killed in the temple town of Shirdi in Maharashtra allegedly over his mobile ringtone of a song on Dr. Bhimrao Ambedkar. Four assailants have been arrested while four others are absconding.
Sagar Shejwal, a nursing student , had come home to Shirdi to attend a wedding. On May 16 around 1.30 p.m., he went to a local beer shop with two of his cousins.
According to Vivek Patil, Deputy Superintendent of Police, Sagar was assaulted by eight youths over his ringtone. Mr Patil said: “Eight youths were sitting at a table at the shop. When Sagar’s mobile rang with the Ambedkar song as its ringtone, the youths told him to switch it off. In a police statement, the cousin has described the song as Tumhi kara re kitihi halla / Mazbut Bhimacha quilla [Shout all you want / Bhim’s fortress is strong]. An altercation ensued and the assailants hit Sagar with a beer bottle and started kicking and punching him. Then they dragged him out, put him on a motorbike and took him away to a nearby forest. They crushed him under the bike. Sagar’s body was found around 6.30 p.m. in a naked state near Rui village. The cause of death was multiple fractures. The autopsy says Sagar sustained around 25 injuries. He died between 2 and 4 p.m.”
The perpetrators, a group of local youths from the dominant Maratha and OBC communities, ran their bike repeatedly over Sagar’s body mutilating it .
“I can understand that they hit him. Quarrels can happen anytime, but look at the brutality of the act. Why would they do this on such a trivial matter?” Sagar’s father Subhash Shejwal asked, unable to comprehend the horror of the assault.
The initial assault was captured on the CCTV cameras at the beer shop. The 21-minute footage, in which the faces of the assailants are clearly seen, provides strong electronic evidence to the police.
The shop itself is within a stone’s throw from the Shirdi police station, raising serious questions about police inaction. “I called the police at 1.45 p.m. when the youths were beating up Sagar, but for a long time they did not come,” said Sandeep Ghorpade, manager of the beer shop. Sagar’s cousins, who managed to escape, also alerted the police, but in vain.
The family alleged that the officers on duty demanded an air-conditioned vehicle to look for Sagar. The police said a departmental inquiry would be initiated against Inspector Pramod Wagh and constable Sharad Kadam.
“Only our relatives were looking for Sagar. No police vehicle was in sight. The body was also discovered by family members,” said complainant and Sagar’s cousin Satish Gaikwad.
The police arrested Vishal Kote, Somnath and Rupesh Wadekar, who are historysheeters and Sunil Jadhav.
They have been booked under the Sections 302 (murder), 395 (punishment for dacoity), 201 (causing disappearance of evidence of offence), 109 (punishment of abetment) of the Indian Penal Code and Sections 3 (2) (v) and 3 (1) (x) of the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act.
Wednesday, 25 February 2015 05:19
The benchmark BSE Sensex rose over 228 points in early trade on Wednesday amid a firming global trend and hopes of a growth-oriented Budget.
Further, covering-up of short positions by speculators ahead of Thursday’s monthly expiry in the derivatives segment, supported the upside.
Rising for the second straight session, the 30-share barometer spurted by 228.67 points, or 0.79 per cent, to 29,233.33.
The index had gained 29.55 points in Tuesday’s session.
All sectoral indices, led by oil & gas, metal, realty and banking were trading in positive zone with gains up to 1.03 per cent.
Similarly, the National Stock Exchange index Nifty was trading above the 8,800-mark by gaining 60.10 points, or 0.69 per cent, to 8,822.20.
Brokers said pre-Budget buying by optimistic participants on hopes of growth-oriented measures and foreign capital inflows mainly buoyed the trading sentiments.
Besides, a firming trend at other Asian markets following strong cues from Wall Street as U.S. Federal Reserve hinted that a rate hike is unlikely before June and relief over Greek debt deal, triggered buying by investors and foreign funds, they added.
The U.S. Dow Jones Industrial Average ended 0.51 per cent higher on Tuesday.
Wednesday, 25 February 2015 04:48
Ahead of Budget, an industry confidence survey shows that a sustainable turnaround remains elusive on investments, profits and exports, while another study urges the government to ‘walk the talk’ and take steps to improve ease of doing business.
The results of the Business Confidence Survey, conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI), show a marginal dip in the proportion of respondents anticipating ‘moderately to substantially better’ performance over the near-term at economy, industry and company level.
While the situation is certainly better when compared to last year, the change in quarter-on-quarter numbers is yet to indicate a firm turnaround, the FICCI survey says.
According to FICCI's poll, measures announced by the government over the course of last 7-8 months did have a positive impact on the sentiment of the business community. However, to sustain this buoyancy, it will be important that the process of implementation of these reforms continues with momentum.
The survey results come within days of eminent banker Deepak Parekh stating that industry remained optimistic but impatience had begun creeping in among the industrialists as to why not much had changed on the ground on the ease of doing business front in the last nine months that the new government had been in power.
The FICCI survey also finds that industry is confident about the government pursuing its broad economic agenda to push reforms.
In another survey, consultancy major Grant Thornton says that more than half of the Indian businesses expect radical tax reforms as well as more clarity on certain taxation measures in the Budget.
“There is political stability, markets are at a high, everyone is talking about ‘acche din’, the Prime Minister has spoken about ‘Make in India’, he has stressed on our desire to attract FDI, and has reassured global investors a non-adversarial tax environment but India still ranks 142 out of 189 countries in the ease of doing business,” Grant Thornton Advisory Director Pallavi Bakhru said.
“Now is the opportunity for the government to walk their talk. India Inc is waiting with bated breath!,” Ms. Pallavi added.
Another survey, conducted by the Confederation of Indian Industry (CII), also finds that industry is pinning high hopes on the Narendra Modi-led government’s first full Budget, to be unveiled on Saturday.
Both FICCI and CII surveys show that majority of the CEOs believe that a framework for Goods and Services Tax (GST) will be announced in the Budget, which will tilt the balance in the interest of revenue neutrality.
Besides, India Inc wants Finance Minister Arun Jaitley to simplify taxes and step up action on ease of doing business.
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