Category فورتن

Will FM Nirmala Sitharaman answer how to describe mismanagement of economy before pandemic: P Chidambaram


NEW DELHI: Taking a dig at Finance Minister Nirmala Sitharaman over her “Act of God” remark on the economy, Congress leader P Chidambaram on Saturday asked “the FM as the Messenger of God” to “please answer” how to describe the “mismanagement” of the economy before the coronavirus pandemic.

Sitharaman on Thursday said the economy has been hit by the pandemic, which is an “Act of God”, and it will see a contraction in the current fiscal.

Taking a swipe at Sitharaman over the remark, Chidambaram said, “If the pandemic is an ‘Act of God’, how do we describe the mismanagement of the economy during 2017-18, 2018-19 and 2019-20. Before the pandemic struck India?” “Will the FM as the Messenger of God please answer?” the former finance minister asked on Twitter.

In a series of tweets, t...

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India’s COVID-19 tally goes past 34 lakh with single-day spike of 76,472 cases; death toll 62,550


NEW DELHI: India’s COVID-19 tally raced past 34 lakh with a single-day spike of 76,472 cases, while the number of recoveries surged to 26,48,998, pushing the recovery rate to 76.47 per cent on Saturday, according to the Union Health Ministry.

The total number of COVID-19 cases rose to 34,63,972, while the death toll due to the disease climbed to 62,550 with 1,021 people succumbing to it in a span of 24 hours, the ministry’s data updated at 8 am showed.

The COVID-19 case fatality rate has further declined to 1.81 per cent in the country.

There are 7,52,424 active coronavirus cases in the country currently, which account for 21.72 per cent of the total caseload, the data showed.

India’s COVID-19 tally had crossed the 20-lakh mark on August 7 and the 30-lakh mark on August 23.


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Supreme Court says its 2004 verdict on sub-classification of SC/STs needs to be reconsidered

Express News Service

NEW DELHI:  The Supreme Court on Thursday disagreed with a 2004 verdict of its Constitution Bench and held that states can make further reservations for sub-castes within the scheduled castes and scheduled tribes.

A five-judge bench, headed by Justice Arun Mishra, noted that the state legislatures as well as the Parliament have the power to grant reservations in education and employment. 

“Once the State has the power to give reservations, it can also make sub classification to extend benefit to those sub-castes not receiving the benefit,” said Justice Mishra, reading out the operative part of the judgment.

The 2004 judgment held that it is unconstitutional for state governments to provide a further sub-categorization of SC and ST. 

The bench ruled that allotting...

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Sensex rises over 200 points in early trade; Nifty above 11,600 level


MUMBAI: The BSE benchmark Sensex jumped over 200 points in early trade on Friday led by gains in index-heavyweights ICICI Bank, Axis Bank and Reliance Industries amid persistent foreign fund inflow and positive cues from Asian peers.

The BSE Sensex was trading 261.03 points or 0.67 per cent higher at 39,374.50; while the NSE Nifty was up 71.60 points or 0.62 per cent at 11,630.85.

Axis Bank was the top gainer in the Sensex pack, surging around 4 per cent, followed by IndusInd Bank, ICICI Bank, L&T, Tata Steel, Sun Pharma and ONGC.

On the other hand, HCL Tech, Kotak Bank, Asian Paints, Infosys and HDFC Bank were among the laggards.

In the previous session, Sensex closed at 39,113.47, up 39.55 points or 0.10 per cent, while Nifty inched up 9.65 points or 0...

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Congress makes big appointments after dissent

Express News Service

NEW DELHI:  Congress on Thursday constituted a ten-member committee consisting of MPs from both Rajya Sabha and Lok Sabha to improve coordination between the two groups. 

Ghulam Nabi Azad and Anand Sharma, who were among the 23 “dissenters” who sought a change in the Congress leadership, are part of the committee. 

Jairam Ramesh has been named the party’s chief whip in Rajya Sabha. Gaurav Gogoi will be its new deputy leader in the Lok Sabha. Ludhiana MP Ravneet Singh Bittu is the new Congress whip in the Lower House of Parliament.

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Students want exams held at any cost: Centre

By Express News Service

NEW DELHI:  Making it clear yet again that the Centre won’t put off holding the JEE (Main), NEET exams, the Union education minister Ramesh Pokhriyal Nishank on Thursday said most students want the exams to be held “at any cost”.  

“Parents and students through email and social media have said that the exams should be conducted in September,” he said in a video message.

His comments came a day after chief ministers of seven opposition-ruled states decided to approach the Supreme Court seeking a postponement of the exams in light of the mounting Covid-19 cases in the country.   

“The National Testing Agency has informed me that over 7 lakh candidates have downloaded JEE (Main) admit cards while over 10 lakh aspirants have downloaded NEET admit cards so ...

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Self-reliance in defence sector to empower India’s global position: PM Narendra Modi

Express News Service

NEW DELHI:  India’s self-reliance will boost the country’s image and partnerships at the international level, Prime Minister Narendra Modi said on Thursday as he pushed for Atmanirbhar outreach in defence manufacturing.

“The Atmanirbhar Bharat mission is not inward looking. It is to make the global economy more stable and resilient,” he said at a webinar ‘Atmnirbhar Bharat-Defence Industry Outreach’, organised by FICCI and the Department of Military Affairs.

India has the capability to become a reliable defence equipment supplier to friendly nations and will strengthen the role of net defence security provider in the Indian Ocean Region, the PM said, adding that it will give more power to the country’s strategic partnerships.

Modi said post-Independence...

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Full disengagement at LAC requires actions from both sides, asserts India 

Express News Service

NEW DELHI:  India on Thursday reiterated that complete disengagement along the LAC was a complex process and required actions from both sides even as Chinese Communist Party mouthpiece The Global Times survey revealed that 90%of the respondents would support if Beijing were to militarily act on India’s ‘provocation’.

“Complete disengagement requires re-deployment of troops by each side towards their regular posts on their respective sides of the LAC. This can be done only through mutually agreed reciprocal actions. Thus achieving this requires agreed actions by both sides,” MEA spokesperson Anurag Srivastava said.

Srivastava said that the two sides had agreed to the expeditious disengagement and sincerely works towards it at the WMCC meeting last week.


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Citing COVID-19, SC denies sanction for Muharram procession, says ‘may lead to chaos’

By Express News Service

NEW DELHI:  The Supreme Court on Thursday refused to allow Muharram processions across the country, observing it may lead to chaos and targeting of a particular community for spreading Covid-19. 

The bench, headed by CJI  SA Bobde, emphasised that such generic directions cannot be issued in exercise of Article 32 of the Constitution and declined to entertain a PIL by Syed Kalbe Jawad, a Shia cleric from Lucknow who sought permission for Muharram processions in a limited manner amid pandemic.

“You are asking for a general order and then if we allow this, there will be chaos. Particular community will be targetted for spreading Covid...

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Draft rules for use of Wi-Fi on flights released

By Express News Service

NEW DELHI: The aviation regulator, DGCA, has released rules for use of Wi-Fi on portable electronic devices (PEDs) during flights. It said that the services would be offered only on their device’s flight mode.

It stated that internet services through Wi-Fi on flights will be available from 10,000 ft (3000 m) above sea level after departure or before arrival.

As per the rules, the pilot in command (PIC) of a flight can deactivate the use of PEDs anytime. Besides, the regulator has also asked crew to keep a watch on the passengers to ensure they comply with the prohibitory requirements. It has asked the airlines to conduct training for their crew on the PEDs that passengers cannot use on the flight.

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