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RSS defamation case: Court asks Rahul Gandhi to appear on June 12

May 3, 2018 strong

A Bhiwandi court has asked Congress President Rahul Gandhi to appear before it on June 12 to record his plea in a defamation case filed against him by an RSS functionary. The court yesterday heard arguments on Gandhi’s application, seeking a detailed recording of evidence instead of a ‘summary trial’, and adjourned the matter till June 12. The court said that on June 12 it would pass an order on the application and would also record the defendant’s (Rahul Gandhi) plea, and asked him to remain present on that day.…

BUSINESS NEWS CATEGORIES

India’s gold demand falls by 12% to 115.6 ton in Q1: WGC

May 3, 2018 strong

The gold demand in India declined by 12 per cent in the first quarter of this year to 115.6 tonne compared to the same period last year due to high local gold price, the World Gold Council (WGC) said in a report. The total demand stood at 131.2 tonne in the January- March period in 2017, WGC said in its ‘Gold Demand Trends’ report for Q1 2018. In terms of value, the gold demand fell by 8 per cent to Rs 31,800 crore, compared to Rs 34,440 crore in the…

NEWS CATEGORIES WORLD NEWS

Support for S Korea’s Moon hits record high after summit: poll

May 3, 2018 strong

President Moon Jae-in is enjoying record support from the South Korean public in the wake of a historic summit with his North Korean counterpart, pollsters said today. More than three in four voters approved of Moon, according to pollster Realmeter — an all-time high for any South Korean president at the end of their first year in office. Realmeter said the result reflected “mounting public expectations for the North’s denuclearisation and the establishment of peace on the Korean peninsula” following Moon’s meeting with North Korean leader Kim Jong Un on…

NEWS CATEGORIES WORLD NEWS

Mahathir wants to rule Malaysia again, shakes up election

May 3, 2018 strong

Malaysia’s former authoritarian leader Mahathir Mohamad wasn’t invited to the forum that planned to debate whether at well past 90 years he was too old to be prime minister again. He turned up anyway. “As far as health is concerned, I am not senile yet,” he announced to the stunned participants, maybe of whom stood and snapped photos with their smartphones. For good measure, Mahathir sat in the front row and tweeted: “I’m here guys. Say it to my face.” The recent move was trademark Mahathir. During more than two…

BUSINESS NEWS CATEGORIES

Sensex turns negative on weak Asian cues, profit-booking

May 3, 2018 strong

After starting on a positive note, the benchmark BSE Sensex fell over 80 points in early trade today on weak Asian cues as tariff woes between the US and China returned, ahead of trade talks between the two countries. The 30-share index, after opening 80.89 points higher, turned negative on profit-booking at current levels to quote 86.59 points, or 0.22 per cent, lower at 35,089.83 The gauge had rallied 675.15 points in the previous four sessions The 50-share NSE Nifty also turned negative and shed 27.80 points, or 0.26 per…

LEGAL NEWS NEWS CATEGORIES

SC takes cognizance of Kasauli firing incident killing govt official

May 2, 2018 strong

The Supreme Court today took cognizance on its own of the firing incident in Kasauli where a woman government official was shot dead allegedly by a hotel owner after she had gone to seal an unauthorised construction in his property on apex court’s direction. A bench comprising Justices Madan B Lokur and Deepak Gupta termed the incident as extremely serious and noted that government officials had gone there to comply with the court’s direction to seal unauthorised constructions. Assistant Town and Country Planner Shailbala Sharma had yesterday gone to seal…

BUSINESS NEWS CATEGORIES

Govt approves Rs 5.5 per quintal subsidy for sugarcane farmers

May 2, 2018 strong

The government today approved a production subsidy of Rs 5.5 per quintal for sugarcane farmers to help cash-starved millers clear cane arrears that have surged to about Rs 20,000 crore due to sharp fall in sugar prices on record production. The Cabinet Committee of Economic Affairs has approved a production-linked subsidy of Rs 55 per tonne (Rs 5.5 per quintal) for cane farmers, sources said. The move also comes at a time when Karnataka, a leading sugarcane producing state, is going for polls on May 12. Welcoming the decision, industry…

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Sebi probes plunge in InterGlobe stock ahead of Ghosh’s resignation

May 2, 2018 strong

Sebi is examining the sharp plunge in shares of InterGlobe Aviation, parent of IndiGo, hours before it announced the resignation of its president Aditya Ghosh, officials said. The Securities and Exchange Board of India (Sebi) is probing a more than 6 per cent plunge in the country’s largest domestic carrier’s shares price on April 27. Hours after the market close that day, the airline announced the resignation of Ghosh at 7.56 pm. While his resignation as president is effective from July 31, Ghosh quit as a director of the company…

NEWS CATEGORIES SPORTS

2 teams to represent India at Jr NBA World C’ship

May 2, 2018 strong

The Commonwealth Games gold has given him the confidence and Indian star javelin thrower Neeraj Chopra is now aiming to grab another yellow metal at the upcoming Asian Games, which he admitted will be tougher than the Gold Coast CWG. Neeraj became the first Indian javelin thrower to win a gold at the CWG at Gold Coast last month with a throw of 86.47m, but he said that effort will not be enough for a gold in the Jakarta Asian Games in August. “Winning a gold in CWG with a…

NEWS CATEGORIES SPORTS

Harendra lacks enough time to change team’s fortunes: Joaquim

May 2, 2018 strong

Welcoming the appointment of Harendra Singh as the coach of the Indian men’s national hockey team, former coach Joaquim Carvalho wondered whether he has enough time on his hands to fine tune the squad for tougher battles ahead. Yesterday, women’s coach Harendra Singh was made in- charge of the men’s side, while men’s coach Sjoerd Marijne was re-designated the women’s coach in a rejigging of roles by the Hockey India following the medalless show of the teams at last month’s Gold Coast Commonwealth Games. “Harendra’s appointment as a coach is…