Naira increased petrol by Rs 5 per liter and diesel by Rs 3 per liter. india news

Naira increased petrol by Rs 5 per liter and diesel by Rs 3 per liter

Private fuel retailer Nayara Energy on Thursday raised petrol prices by Rs 5 per liter and diesel by Rs 3 per litre, in line with the rise in global oil prices due to the war in West Asia.Nayara, owned by Russia’s Rosneft, operates about 7,000 of its more than 1 lakh filling stations across the country, mainly on national highways and urban centres. However, another private retailer Jio-bp has not increased the prices so far. Officials said private fuel retailers, unlike state-owned companies, do not receive any government compensation to offset losses incurred by preventing price increases.

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Bank fraud: CBI files case against 2 former directors of Reliance Telecom. india news

Bank fraud: CBI files case against 2 former directors of Reliance Telecom

New Delhi: The CBI has registered a case against former Reliance Telecom directors Satish Seth and Gautam Doshi along with some public servants on a complaint alleging bank fraud of Rs 115 crore by State Bank of India. The agency conducted searches at his residences in Mumbai in this connection. Various documents related to loan transactions have been recovered. The FIR has been registered under sections related to conspiracy, cheating and criminal misconduct under the Prevention of Corruption Act and abuse of official position under the IPC. Reliance Telecom has also been made an accused in this case. According to CBI, SBI was the lead banker and a member of the consortium of 11 banks which had sanctioned term loan facilities totaling Rs 735 crore to M/s. Reliance Telecom Limited SBI was the first bank to classify Reliance Telecom’s accounts as fraudulent and later filed a complaint with the CBI, based on which an FIR was registered. On Wednesday, a 12-member CBI team also reached the SBI office in Mumbai.

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Covid-19 fraud case: Raids in Srinagar, Budgam for fake Covid medical supply orders. india news

Raids in Srinagar, Budgam for fake Covid medical supply orders

Srinagar: The Economic Offenses Wing (EOW) of Jammu and Kashmir police on Thursday raided three locations in Srinagar and Budgam districts in connection with an alleged fraud case involving two people who allegedly issued fake medical purchase orders to siphon off government funds during the Covid-19 pandemic.Sanjay Kumar Sahu, owner of Delhi-based M/s Sanjay Trading Company, filed a written complaint with the police, alleging that Imad Muzaffar Maqdoomi, alias Imran Shah and Vikar Ahmed Bhat, both of Srinagar, “dishonestly induced the firm to operate under the pretext of purchasing medical supplies during Covid-19.”The accused impersonated government officials and issued fake allotment orders of various departments and institutions. They created fake email IDs of the complainant firm and opened fake bank accounts in its name to divert payments.Police said searches were conducted to collect evidence including digital records and financial documents. The crime branch said preliminary investigation found that the accused used deception to obtain huge sums of money, including money, from the Deputy Commissioner’s office in Anantnag and attempted to withdraw crores of rupees from the Government Medical College, Srinagar.

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Nirav Modi case: UK judges say India’s interrogation torture claims worrying, only reassured by Indian government’s promises | india news

Nirav Modi case: UK judges say interrogation torture claims in India worrying, only Indian government's promises reassure them

TOI correspondent from London: The judges who ruled against fugitive jeweler Nirav Modi’s attempt to reopen his appeal against extradition said their ruling “presents a worrying picture of the use of restrictive treatment to extract confessions, characterized as ‘common and endemic'”.Lord Justice Stuart-Smith and Justice Jay said in their order: “Had it not been for the statements made and assurances given by the Government of India, we would have considered reopening this appeal.”Nirav Modi could be extradited to India within a month of losing his final dice. He cannot go to the Supreme Court as the High Court on Wednesday refused permission to reopen his extradition appeal. He can approach the European Court of Human Rights (ECHR) to obtain an injunction under Rule 39 preventing the expulsion. Such requests are granted on an exceptional basis, when applicants face imminent risk of irreversible harm.Barrister Ben Keith, of 5 St Andrews Hill, told TOI: “The timetable for removal is 28 days from the HC decision. This may be delayed because of an application to the ECHR, or if an immigration application is ongoing, or other logistical difficulties. However, it looks like this is likely to be the end of the line.”Nirav’s barrister, Edward Fitzgerald KC, had argued that Nirav’s appeal against extradition should be reopened after defense middleman Sanjay Bhandari won his appeal on the grounds that he would face a real risk of torture at the hands of investigating bodies in India.

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Nirav Modi blames CBI and ED for destroying his business. india news

Nirav Modi blames CBI and ED for destroying his business

TOI correspondent from London: Nirav Modi on Thursday stood in the dock in the Bank of India (BOI) case and said that the banks, in collusion with CBI and ED, have destroyed his 20 years of business and he has not committed any fraud against Punjab National Bank.Nirav was testifying in a separate civil suit in which he is accused of owing BOI more than $10.7 million (Rs 100 crore) through a personal guarantee he allegedly gave on a loan given to Firestar Diamond FZE. He denies that he “knowingly and knowingly” signed the guarantee and says he does not owe the BOI anything.He emerged from jail wearing a smart suit and looking unfazed by Wednesday’s adverse extradition decision. He took the oath on Bhagavad Gita and placed both his hands on the bars of the dock while reading from the laptop.Beasley, representing BOI, asked him why he claimed that there were no significant adverse events for BOI seeking BOI loan in 2018, given the allegations that had surfaced in the media at that time about his companies and their alleged fraud against PNB.Nirav replied, “It started from February 5.” “That’s when the media reported on it,” he said. He said, “I remember the date. It was a life-changing event.” “They said Rs 11,000 crore, it was Rs 6,000 crore, there was no fraud, and I don’t think their amount would be in the top 20 in India.”After this he accused PNB of collusion with CBI. “Normally there would be a preliminary investigation and then an FIR – an FIR being filed without hearing the complainant is unheard of. On February 2, I don’t think anyone except the CBI was aware of it. Perhaps PNB was working with the CBI because PNB had put it out on social media on February 3. On February 15, the ED put a stop to everything – no manufacturing or finance could continue. My business was shut down and the ED and CBI seized and confiscated everything.After the hearing, he told TOI that he could not comment on the extradition decision.

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Freebies first, development later? Karnataka cuts programs to fund welfare schemes, CAG flags deficit risk. india news

मुफ्तखोरी पहले, विकास बाद में? कर्नाटक ने कल्याणकारी योजनाओं के वित्तपोषण के लिए कार्यक्रमों में कटौती की, सीएजी ने घाटे के जोखिम को चिह्नित किया

Siddaramaiah with DKS (file photo)

New Delhi: The Karnataka government’s rising expenditure on welfare schemes has put pressure on its finances, leading to cuts in some ongoing programmes, the Comptroller and Auditor General (CAG) said in its report for the 2024-25 financial year tabled in the Assembly on Thursday.

Guarantee schemes consume significant revenue

The CAG said the state spent Rs 52,525 crore in 2024-25 on five guarantee schemes – Shakti, Griha Lakshmi, Griha Jyoti, Yuva Nidhi and Anna Bhagya. This accounts for about 20% of revenue receipts and 27% of the state’s own revenue, highlighting the heavy burden of the schemes on the budget, the report said.“Although revenue growth is stable, it is insufficient to absorb the recurring costs of the guarantee schemes and hence the state needs to rely on borrowing to finance the guarantee schemes,” the report said. During 2024-25, while the state’s revenue increased by 10.63%, its expenditure increased by 14.99%, mainly due to guarantee schemes.

Cuts in other programs and increasing borrowing

The CAG highlighted that rising subsidies forced the government to reduce funding for some ongoing programmes, including nutrition, assistance to local bodies, rural development programs including gram panchayats and urban development initiatives.The mismatch between receipts and expenditure contributed to a revenue deficit of Rs 20,834 crore, while the fiscal deficit increased from Rs 65,522 crore in 2023-24 to Rs 85,030 crore in 2024-25, news agency PTI reported. To bridge the gap, the state took net market borrowing of Rs 71,525.15 crore, an increase of Rs 8,525.15 crore from the previous year.

Concerns over capital expenditure and debt repayment

While total capital expenditure increased by Rs 5,786 crore, the report said actual investment in infrastructure increased by only Rs 3,284 crore after adjusting for central assistance, investment and off-budget borrowings. The CAG warned that “this shortfall in gross capital formation could prove detrimental to future growth prospects.”It further said that higher borrowing will increase debt service obligations, which may reduce spending on developmental, infrastructure and welfare measures. The report warns that continued borrowing growth could risk violating the fiscal targets of the Karnataka Fiscal Responsibility Act (KFRA).

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Bengaluru professor who proposed to a student was first stopped from the campus, then harassed others too. india news

Bengaluru professor who proposed to student first stopped from campus, harassed others too

New Delhi: A professor at a medical college on the outskirts of Bengaluru has been booked for sexual harassment after he allegedly re-entered the campus despite restrictions and propositioned a female student in the classroom, an incident which later turned into a violent confrontation.Police said the episode took place on March 23 at a private medical college in Nelamangala taluk and came to light after videos of the proposal were widely circulated on social media. In one clip, the assistant professor is seen addressing a class and claiming that a student had confessed his “feelings” to him. After this he proposes to her in front of his classmates and distributes chocolates.The student immediately objected, questioning whether he had ever expressed such sentiments and asking to take the matter to the principal. The professor insists that he told her “I love you” and claims there is CCTV evidence, which she demands to be shown to him. He then walks out of the classroom saying he will talk to her the next day.According to the FIR, the professor was already facing complaints from students over alleged inappropriate behavior and sexual harassment. The college had started an investigation and barred him from entering the campus until the results came.Despite this ban, he allegedly entered the campus on March 23 in violation of the order. The complaint said he “forcibly” held the student’s hand and behaved obscenely and inappropriately, causing distress to the students and disrupting the educational environment.Tensions rose immediately after the exchange in the classroom. The video shows the student again confronting the professor, hitting him with slippers, while other students also joined in, abusing and allegedly assaulting him.Based on the college principal’s complaint, the police have registered a case against the professor under provisions related to assault, sexual harassment and criminal trespass under the Indian Justice Code. Officials said further investigation is underway.

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‘Sinister agenda’: CPI(M) hits back at Rahul, Kharge; Congress accused of helping BJP. india news

'Sinister agenda': CPI(M) hits back at Rahul, Kharge; Accused Congress of helping BJP
Kerala Chief Minister Pinarayi Vijayan

New Delhi: The Communist Party of India (Marxist) on Thursday hit out at Congress leaders Rahul Gandhi and Mallikarjun Kharge over their criticism of the party in poll-bound Kerala, accusing the Congress of targeting the Left for electoral gains and being soft on the BJP.In a strongly worded statement, the CPI(M) said the Congress was backtracking on its claim of fighting communal-authoritarian forces and instead becoming “a feeder organization for the BJP”.The CPI(M) Politburo also strongly rejected the “provocative statements” made by Rahul Gandhi and Kharge against Kerala Chief Minister Pinarayi Vijayan and the party’s secular credentials.“Such rumors are being spread by them to score cheap electoral gains in the assembly elections. By targeting CPI(M) instead of BJP, Congress leaders are going back on their claim of fighting communal-authoritarian forces. The people of Kerala will understand this sinister agenda,” the CPI(M) said in a statement.The reaction came as Rahul Gandhi and Kharge launched the United Democratic Front (UDF) campaign for the Kerala elections from Kozhikode on Wednesday, launching a broad front against the ruling Left Democratic Front (LDF).Gandhi alleged that there is an agreement between the LDF and the Bharatiya Janata Party (BJP) in the state.Addressing the campaign through video conferencing, he said, “Here in Keralam, there are really only two parties fighting. One is the UDF alliance, and the other is the partnership between the BJP and the LDF. The UDF unites the people, listens to them, and embraces them and empowers them. The LDF and their hidden partners divide the people and crush them.”He also mentioned the cases registered against opposition leaders and questioned why similar action was not taken against the Kerala Chief Minister.Gandhi said he himself has around 40 cases against him and that the Enforcement Directorate has interrogated him for five consecutive days, and alleged that the lack of similar action against Vijayan “despite corruption cases” is evidence of the BJP-LDF’s understanding.Responding to the allegations, CPI(M), which is also a constituent of the India Bloc along with the Congress, said the Congress should introspect on why many of its leaders in different states joined the BJP.“It is a well-known fact that the current BJP Chief Minister of Assam held important portfolios in the previous Congress government. The entire Congress leadership joined the BJP in 2018 to defeat the Left Front in Tripura. Many ministers in the central government and MPs belonging to the BJP were earlier prominent leaders in the Congress. The Congress became a feeder organization for the BJP,” the statement said.The party accused the Congress of allying with minority fundamentalist forces in the state.“Even in these elections, the Congress is in alliance with minority fundamentalist forces. The Congress-League-BJP nexus has been exposed in various elections in Kerala, including the recently concluded local body elections,” it said.Kerala will go to polls on April 9 and counting of votes will take place on May 4. The Congress-led UDF is trying to oust the ruling LDF from power.

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Karnataka: Husband slit wife’s throat, then drove her away; Viewers record video. india news

Karnataka: Husband slit wife's throat, then drove her away; viewers record video

New Delhi: A 28-year-old woman was murdered by her husband by slitting her throat on the middle of the road following a domestic dispute in Karnataka’s Kalaburagi district on Thursday. As onlookers captured the crime, several videos of it were shared on social media. The victim was identified as Saanvi, a native of Maharashtra. News agency PTI reported that the incident took place near Ballurgi village in Afzalpur taluk.According to the police, the accused Akshay allegedly brought his wife to the spot in a car, forced her down on the road and attacked her. He died on the spot.Videos of the incident, recorded by bystanders and circulated on social media, reportedly show the man being attacked in public. He was seen pulling her hair and beating her brutally.The accused fled from the spot in the same vehicle.Officials said a case of murder has been registered at Afzalpur police station and an operation has been launched to trace and arrest the accused.

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As the deadline of March 31 approached, mega anti-Naxal operation was launched, Cobra units shifted to Jharkhand. india news

Mega anti-Naxal operation launched as March 31 deadline approaches, Cobra units shifted to Jharkhand

New Delhi: With less than a week left for the Centre’s March 31 deadline to end left-wing extremism, security forces have launched intensive operations in key Maoist-affected areas to track down the remaining armed cadres and force them to surrender.“The plan is to ensure 100 per cent elimination of armed Naxalites by March 31, the deadline announced by Union Home Minister Amit Shah. This will be done either by engaging in encounters or by surrendering. Some major operations are being carried out in these last 5-6 days of the countdown,” a top CAPF commander told PTI.Security forces are still keeping an eye on around 130-150 armed cadres, including two central committee members of the banned CPI (Maoist) and some other divisional-rank workers.The Center is also preparing an “operations and development” blueprint, which is expected to include the withdrawal of about five Central Armed Police Forces (CAPF) battalions from these areas and the introduction of several welfare schemes, official sources told PTI.As part of the operation, around three to four CoBRA units of the Central Reserve Police Force (CRPF) are being moved from Chhattisgarh to Jharkhand for a special operation in the Saranda forests of West Singhbhum district, sources said.It is said that Misir Besra alias Bhaskar lives in Jharkhand and Cobra teams are searching for him and his associates.Sources said that in Chhattisgarh’s Bastar region, teams of CRPF, BSF and Indo-Tibetan Border Police (ITBP) are also being “redeployed” with the specific objective of engaging armed Maoist cadres in gun battles or forcing their surrender.According to sources, a cross-border operation is also underway involving Maharashtra, Chhattisgarh, Telangana and Odisha.According to officials, Rammanna, also known as Ganapathy or Lakshmana Rao, is reportedly in touch with the Telangana Police and may surrender by March 31.Another official said about three battalions of the Border Security Force (BSF), along with a sector office headed by a DIG-rank officer, are expected to withdraw from Koraput district and adjoining areas of Odisha.The sector office may shift to Kandhamal district of the state and three battalions will shift either to border guarding duties or to Manipur, as the situation requires.Some CAPF battalions will also be withdrawn from Chhattisgarh, the official said, an announcement of which is expected to be made on March 31. The state police and Chhattisgarh DRG will take over the CAPF camps.Chhattisgarh Home Minister and Deputy Chief Minister Vijay Sharma announced in Jagdalpur on Wednesday that about 96 percent of the vast geographical area of ​​Bastar is now free from Naxalite influence.CAPFs and state police forces have also been asked to conduct a joint “de-mining” exercise to search for improvised explosive devices (IEDs) and bombs hidden in Naxalite violence-hit areas, sources said.In February, the Ministry of Home Affairs (MHA) conducted a fresh review of Naxalite violence-affected areas and informed that the number of Left Wing Extremism (LWE) affected districts in the country stands at seven.These seven districts are Bijapur, Narayanpur, Sukma, Kanker and Dantewada in Chhattisgarh, West Singhbhum in Jharkhand and Kandhamal in Odisha.The nine states affected by Left Wing Extremism under different categories are Jharkhand, Bihar, Andhra Pradesh, Chhattisgarh, Madhya Pradesh, Maharashtra, Odisha, Telangana and West Bengal.According to official figures, a total of 76 districts in nine states were vulnerable to Left Wing Extremism during 2005–06.Home Minister Shah has repeatedly said that the threat of left-wing extremism, which was called the biggest internal security challenge for India in 2010, will end by this March.Describing Naxalite violence as a challenge to democracy, he said that till now about 17,000 civilians and security personnel have lost their lives in it.The Naxalite movement in India emerged in 1967 in Naxalbari, a village in West Bengal located at the tri-junction of India, Nepal and Bangladesh.

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