page How a Goldfish became Bharat’s heroine no. 02
Hardik Pandya’s kind gesture that....
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RNI No.: GUJENG/2014/59629
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ENGLISH DAILY MORNING REPUTED NEWS PAPER, AHMEDABAD EDITION Editor : Kapilkumar M. Hirpara
Issue : 202
Pages: 04
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august 06, 2019, tuesday
Mo : 98250 98053
There are no jobs: Nitin Gadkari on demands for reservation
Andhra CM Chandrababu Naidu to unveil first-ever thermal battery plant
Amid the ongoing demand for Maratha quota in jobs, Union Minister Nitin Gadkari said that reservation will not guarantee employment as jobs are shrinking in the country. Talking to reporters in Maharashtra’s Aurangabad district, Gadkari was quoted by PTI as saying, “Let us assume the reservation is given. But there are no jobs. Because in banks, the jobs have shrunk because of IT. The government recruitment is frozen. Where are the jobs?” Adding that “backwardness is becoming a political interest,” the BJP leader said, “Everyone says I am backward. In Bihar and Uttar Pradesh, Brahmins are strong. They dominate politics. (And) They say they are backward. So one school of thought is that a poor is poor, he has no caste, creed or language. Whatever may be the religion
— the Muslim, the Hindu or the Maratha (a caste), in all communities there is one
Banning confessions against Indian culture of tolerance: Kerala church
Six officials suspended for ‘negligence of duty’ in Bihar shelter home rapes Patna: Six officials of Bihar’s social welfare department, which has drawn flak after the sexual abuse of girls at a state-funded shelter home in Muzaffarpur came to light, have been placed under suspension on account of “negligence and dereliction of duty”. Notifications to this effect were issued late on Saturday night. The officials put under suspension were posted as assistant directors of Child Protection Units in Muzaffarpur, Munger, Araria, Madhubani, Bhagalpur and Bhojpur districts. All the officials, suspended with immediate effect, have been charged with “failure to take adequate legal action” with regard to “assault, indecent behaviour and other undesirable activities” at shelter homes within their respective areas of jurisdiction. The Muzaffarpur shelter home incident had surfaced in a social audit conducted by Mumbaibased Tata Institute of Social Sciences. An FIR was lodged by the state social welfare department in June, which led to the arrest of 10 people. Medical reports have confirmed sexual abuse of more than 30 girls formerly lodged at the shelter home, which has since been sealed. The case has been handed over to the CBI. The suspension orders also pointed out that TISS had flagged anomalies, which the officials “did not bring to the notice of higher officials in inspection reports”.
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While 14 are yet to be identified, one of those killed has been identified as Vanjam Hunga, commander of a militia formation.
Short News
Amaravati: Chief Minister N Chandrababu Naidu will unveil the world’s first-ever thermal battery in his Andhra Pradesh state on Monday. Manufactured by the Bharat Energy Storage Technology Private Limited (BEST), the first-of-its-kind cell is aimed at boosting up renewable sources of energy production, instead of non-renewable fossil fuel-based energy generation. The technology, which will help in mitigating carbon emissions, is best suited for grid balancing and stabilisations. It will also be used to store energy for telecommunication, commercial establishments, electric vehicles and highway charging stations. It can also be effectively used in remote locations, such as hilly terrains and islands. The BEST also aims to set up a Greenfield Project in India, at an estimated cost of Rs 660 crore, through which nearly 3000 jobs are expected to be created within three years’ time.
Year : 04
Mumbai: The protests against women panel’s recommendation to abolish the practice of confessions in churches continue with Malankara Orthodox Syrian Church criticising the move on Sunday. “This (abolishing practice of confession) is against the spirit of ancient Indian culture which respects different faiths with tolerance,” the priests of the church said. The church further requested the government to reject
the recommendations. Earlier, the Kerala Catholic Bishops Conference sent a memorandum to Prime Minister Narendra Modi over the proposal to stop confessions in church last month. Archbishop of Latin Archdiocese of Trivandrum, Soosai Pakiam, said, “NCW chairperson shouldn’t dictate that you abolish this.” Confession, according to the Christian faith, is a Sacrament. It is a way to spiritual progress and salvation.
section which has no clothes to wear, no food to eat. One school of thought also is
(that) we must also consider the poorest of the poor section in every community.” This is a “socio-economic thinking” and it must not be politicised, he added. In a tweet later, Gadkari clarified that the government is not planning to change the criteria for reservation from “castes to economic conditions.” Urging the agitators to maintain peace, Gadkari said that Chief Minister Devendra Fadnavis is trying to resolve the Maratha reservation demand by holding talks with the concerned parties. “The government is committed to Maratha reservation in a time-bound manner. It is our endeavour to ensure that when enforced, the reservation would be full proof and withstand constitutional and legal scrutiny,” Fadnavis said earlier. A total of seven people have been reported dead in the state in the last two weeks in connection with the quota agitation.
India hands over request to Antigua to extradite Mehul Choksi
New Delhi : India Sunday formally handed over the extradition request for fugitive jeweller Mehul Choksi to the Antiguan authorities, reported news agency ANI. Choksi and his nephew Nirav Modi are wanted in the Rs 13,578-crore fraud in Punjab National Bank (PNB). India had earlier requested authorities in Antigua and Barbuda to detain Choksi after it received information about his presence in the country. Meanwhile, Antigua officials said they couldn’t annul Choksi’s citizenship as that would violate their constitution. They claimed he got citizenship only after his credentials were “verified.” In a press statement, Antigua’s Citizenship by Investment Unit or CIU said Choksi’s application was received by the CIU in May 2017 with necessary documentary requirements, including a police clearance certificate, as required by Section 5 (2) (b) of the Antigua and Barbuda Citizenship by Investment Act 2013. “The said police clearance certificate from the
Government of India, Ministry of External Affairs Regional Passport Office, Mumbai, certified that there was no adverse information against Mr Mehul Chinubbhai Choksi which would render him ineligible for grant of travel facilities including visa for Antigua and Barbuda,” it said. However, they assured Indian officials that they might consider New Delhi’s extradition request once a Red Corner Notice (RCN) is issued against him. An RCN request made
by the CBI on May 29 against him is pending before Interpol. On Saturday, the Mumbai Police said they gave a clearance certificate to Choksi last year as there was no criminal case registered against Choksi in Mumbai in 2017 — the PNB scam came to light in January 2018. Police also said they have ordered an inquiry “into the matter of issuance of police verification report (PVR)” to Choksi when he obtained the passport in Mumbai in 2015.
Mamata’s ‘bloodbath’ comment on NRC aimed at vote bank: Assam CM
New Delhi: Assam Chief Minister Sarbananda Sonowal said on Sunday that his West Bengal counterpart Mamata Banerjee’s “inflammatory” comment on NRC does not behove of a senior politician and asserted
that his government was committed to complete the exercise as per the Supreme Court order. Sonowal, a studentleader-turned politician, said precious time of the Parliament was wasted by stalling its proceedings by Banerjee’s party, the
Trinamool Congress, by spreading “false propaganda” and “wrong information” on National Register of Citizens (NRC), a list of Assam’s citizens. “Not a single law and order situation has risen in Assam after the publication of
the draft NRC, which was complete, fair and transparent.” “The statements of the West Bengal chief minister were inflammatory and divisive and aimed at her vote bank in her own state. It does not behove of a chief minister,”
Muzaffarpur rapes case
Opposition focus is on just one negative thing that happened in Bihar, says Nitish Kumar
Patana : As the opposition parties intensified their attack on the Bihar government demanding the resignation of the chief minister over the alleged sexual exploitation of minors at a shelter home in Muzaffarpur, Nitish Kumar on Sunday said that he is not going to spare anyone involved in the case. Targetting opposition and media at an event, Kumar said that many positive works have also been done in the state but they are focussed on just one negative aspect. “I am not going to spare anyone, and I have never made a compromise. Still, if you want to abuse me keep doing it,” Nitish was quoted as saying by ANI. You should also focus on the positive things.
One negative incident happened and you are just talking about it only,” added Kumar. The state government suspended six officials of social welfare department on account of “negligence and dereliction of duty”. The officials put under suspension were posted as assistant directors
of Child Protection Units in Muzaffarpur, Munger, Araria, Madhubani, Bhagalpur, and Bhojpur districts. Muzaffarpur shelter abuse case: Tejashwi Yadav leads protest at Jantar Mantar, Rahul Gandhi, Kejriwal join Congress President Rahul Gandhi with Tejasvi Yadav, Sharad Yadav, Sitaram Yechuri, D. Raja and other Political leaders during a candle march at Jantar Mantar. (Express photo By Amit Mehra) ejecting the demand for Kumar’s resignation, senior JD(U) leader K C Tyagi slammed opposition leaders including Congress president Rahul Gandhi for attending the RJD-organised protest in Jantar Mantar.
Sonowal told PTI in a telephonic interview from Guwahati. Sonowal, 55, was responding to a question on Banerjee’s comment that the NRC exercise in Assam was done with a “political motive” to divide people and it would lead to
“bloodbath” and a “civil war” in the country. He said rumours have been spread about the NRC in the country as well as abroad but he was thankful to the people of Assam, especially those from the Barak valley and the Bengalis.
Kathua rape-murder case: Accused was not in Meerut, handwriting tests claim Jammu: The crime branch of Jammu and Kashmir have carried out scientific tests to support its probe that Vishal Jangotra, an accused in the rape and murder of an 8-year-old girl in Kathua, was not in Meerut when the crime took place in January. The charges of rape and murder of the girl were framed by the district and sessions court in Pathankot against Vishal, who is pursuing a bachelors degree in agriculture from a college in Uttar Pradesh’s Meerut district, and his juvenile cousin, his father Sanji Ram, and special police officer Deepak Khajuria alias Deepu. It is alleged in the charge sheet that Vishal, accused of raping the girl, had tried to create an alibi of his absence from the crime scene by allegedly “resorting to
manipulation of records and creation of false evidence with the connivance and assistance of his father”. According to the charge sheet filed by the crime branch, the answer sheets as well as attendance sheet of Vishal, son of alleged main accused Sanji Ram, were sent to handwriting experts, also known as Questioners of Examined Documents (QED). “The opinion given by the expert has inter alia revealed that the first name (Vishal) could not be connected with his usual signatures on the attendance sheets dated January 12 and 15,” it said. The girl was kidnapped on January 10 and subsequently killed on January 13 night. Her body was dumped by Vishal, his juvenile cousin and Khajuria on January 14 after which he took a train for Meerut.
2 / Dt. 06-08-2019, Tuesday, Ahmedabad
tuesday, 06 august, 2019
Maximum pain
The RBI Annual Report reveals that almost all demonetised notes have been returned to the central bank. This number does not include the old notes with District Central Cooperative Banks for the short window when they were allowed to accept deposits. It also does not include the notes within Nepal. The shortfall of Rs 16,050 crore between the notes in circulation when the notes were demonetised and those that were returned, could therefore also be made up once these notes are returned to the RBI. It should come as no surprise that almost all the notes have been returned, including the stock of black money held as cash. To the extent that it was possible to exchange money legally, individuals did so. When cash limits for withdrawal made it difficult, friends and families participated. The inconvenience of long queues was overcome by household staff. A private company offered booking of “chhotus”, who would stand in long queues for people for Rs 90 an hour until their turn came. Bank employees were averse to being unhelpful to regular customers and found ways to serve them. Innumerable ways were found to work around the changing rules of exchange, cash limits, indelible ink and specified uses of old notes.Those who could not exchange money legally found money changers. Innumerable anecdotes, media reports and arrests of bank staff tell stories about how this was done all over the country. When the government announced that old notes could no longer be exchanged, but only deposited, new ways of changing the stock of unaccounted cash emerged. Individuals with bank accounts, including Jan Dhan accounts, and companies showing cash accrual from sales came into business. Large amounts could be laundered through this route as it did not involve immediate cash payouts by banks, since cash shortages still persisted with the RBI and banks scrambling to remonetise the economy.It was to be expected that even if people have to pay tax on their hoarded cash, and a change fee, they would prefer to do that rather than lose the whole amount. Data from Prowess, a database of companies in India, shows that in the quarter of demonetisation, when purchasing power had fallen sharply, net sales by companies rose significantly. At the same time, the number of tax payers and tax collections rose. The tax department is said to have found thousands of shell companies which were possibly engaging in the activity of depositing money in their accounts during the demonetisation period, claiming that it was cash from sales. This provided a means for laundering money.The total currency in circulation, according to the RBI’s annual report, is about Rs 2 lakh crore short of the pre-demonetisation period. This is partly due to the increase in focus on printing of lower denomination currency notes. Initially, the RBI had focused on printing the Rs 2,000 notes to rapidly remonetise the economy.
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Editor
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Ranveer said the love and support he receives from his fans pushes him to do better work.
I have evolved as an actor and as a person, says Ranveer Singh
Mumbai: He is one of the most versatile actors of current generation and Ranveer Singh says moving ahead he aspires to be a true entertainer. Ranveer said the love and support he receives from his fans pushes him to do better work. “It (love and support) keeps me motivating to do more and better work, honing my craft and trying to be the best actor and keep entertaining the public. That’s my true calling in life to be an entertainer and spread love. “I love what I do and I do my best. I have collaborated with some of the finest filmmakers and made some memorable films and experiences. I have evolved over a period of time as an actor and as a person. I feel blessed,” Ranveer told reporters here at an event. The “Padmaavat” actor said he does not judge or hold
grudges against those who doubted him as an actor. “.. It is fine. You have to see something on the basis of which you make a commitment. ‘Ram-Leela’ you could say was my breakthrough film, the director (Sanjay Leela Bhansali) gave me the opportunity to showcase my potential and things have been different in the best way possible since then.” His next release is Rohit Shetty’s “Simmba”, in which he plays a cop. He is currently on a monthlong break as Rohit has gone to shoot for his TV show “Khatron Ke Khiladi”. “It has been a mind, soul enhancing experience. Rohit sir is the king of the genre. I am growing as an artiste. It is not easy to be performing, acting in mainstream films as there is comedy, drama, action, etc.
Happy Birthday Kajol: Why Helicopter Eela is the best choice for her comeback
Mumbai: Bollywood actress Kajol was quite a hit name in the 90s. Her pairing with Shah Rukh Khan too was appreciated at all times. She was often seen in Karan Johar movies and her most memorable role was ‘Kuch Kuch Hota
Hai’. Blah! The actress has done many kind of movies, and she has broken many barriers, just like Shah Rukh Khan. And then she even worked with him, which probably became a hit with people because who wouldn’t like to
see two talented actors on screen? It benefitted both Karan Johar and Kajol that they were friends as they gave cults like ‘Kuch Kuch Hota Hai’, ‘Kabhi Khushi Kabhie Gham’ and ‘My Name Is Khan’ to people all around. ut it is not fair to put Kajol
in that bracket, especially when she has played an antagonist in ‘Gupt’, ‘Dushman’ and ‘Fanaa’. The movies’ credit probably goes solely to the actress for giving the kind of performance one wouldn’t expect (of course a great one).
Hollywood - Bollywood How a Goldfish became Bharat’s heroine Katrina Kaif has stepped into the role recently vacated by Priyanka Chopra in Bharat.
New Delhi: Katrina Kaif, who stepped into Priyanka Chopra’s role after her sudden departure from Bharat, doesn’t think she’s doing the film’s team a favour. “I don’t see it that way. Ali (director Ali Abbas Zafar) is a dear friend of mine. I have worked with him in Mere Brother Ki Dulhan and Tiger Zinda Hai, both of which were great experiences and successful films. He called me and said, ‘Goldfish,’ he calls me Goldfish, not Katrina, ‘read the script and tell me.’ I read the script and I liked it. I’m happy to be a part of the film,” the actress says. Katrina adds that her decision to do the film is motivated purely by its storyline. “All my film choices have been made based on the script and the character. I’m excited to be working with Ali’s team again,” she says, making no mention of the film’s hero, Salman Khan.
Priyanka Chopra too hot for her role?
New Delhi: Priyanka Chopra may be all set to play Zaira Wasim’s mother in Shonali Bose’s film The Sky Is Pink, but the team is facing a practical problem — Priyanka doesn’t look old enough to be an 18-year-old’s mother. Says a source close to the project, “Priyanka didn’t hesitate for a minute before saying yes to Shonali’s film. The subject grabbed her attention
immediately, and she didn’t mind playing Zaira Wasim’s mother. She played a mother to a teenager nine years ago in Yash Raj Films’ Pyaar Impossible. So why would she have a problem now? The question is — how can this sensuous stunner be made to look like the mother of an 18-year old?” We hear that the team may resort to the use of prosthetics to make the actress
Ajay Devgn just called someone a ‘joker as they aged’, but who was it?
Mumbai: Kajol’s upcoming movie ‘Helicopter Eela’s trailer was unveiled today among the media. There, a reporter asked Kajol and Pradeep Sarkar if they think age affects performance. On this, Kajol gave her usual weird reaction and Ajay took the mike, saying, “I have seen many people become a joker as they age.” Wow! That statement came as a surprise and made us wonder who Ajay was referring to. Was it his contemporaries? The Khans? Kumars? Kapoors? However, Pradeep then took over and ended the question by saying, “It has nothing to do with age. You just need to feel young in your mind.”
Friendship Day Special: These Bollywood buddies are all we need in life
Mumbai: Sunday is here, and with it, even the day to remember all your friends has come back. Bollywood movies have often shown us such friends, some who we have been totally inspired and struck by. Here are some of those friends we want or already have in our life: Sanju and Kamli - Sanju: Imagine a naive friend like Kamlesh meeting the been there-done that kind of friend Sanjay Dutt. The jodi would obviously be an unusual one, and then there would be lots of fun involved too. Who wouldn’t want such a bestie now? Sid and Akash - Dil Chahta Hai: The law of opposites attract would probably fit best here since an overly matured Siddharth and a childish and irresponsible Akash needed each other to perfect
their incompleteness. Rahul and Anjali - Kuch Kuch Hota Hai: When we say friends, how could
we even miss this one? Rahul Shah Rukh Khan and Anjali Kajol were ultimate friendship goals turned lover goals, because Pyaar Dosti Hai. Arjun and Imraan - Zindagi Na Milegi Dobara: Arjun Hrithik Roshan and Imraan Farhan Akhtar taught each other something. Farhan showed Hrithik how life is meant to be lived, and helped him find love again. Hrithik, on the other hand, was just there as Farhan’s support through his tough time. In all, they gave us wanderlust combined with friendship goals. Jai and Veeru - Sholay: The list would’ve been incomplete if these two weren’t mentioned. Jai gave up his life by deceit, to save Veeru. A friend who goes the extra mile, is a friend for the keeps, peeps.
look more convincing in her role. Interestingly, Meher Vij, who played Zaira’s mother in Secret Superstar is just 14 years older than her. So it seems our leading ladies no longer have a problem with being made to look older on screen. A decade ago Aparna Sen had to shelve her film because no major heroine was willing to play mother to a 12-year-old.
Mulk raises questions to introspect: Taapsee
Mumbai: Mulk may not have had a great opening day, but it’s receiving much critical acclaim. Audiences and critics are especially loving Taapsee Pannu’s impactful performance in the film. During a recent interaction with the actress, she said that though Mulk was a patriotic film, much like the ones that release around Independence Day every year, it would also plant some important questions in the minds of Indians. “So many years after having gained independence, where are we standing? Have we moved forward, are we at a standstill, or are we regressing? When it comes to our country, should we or should we not put humanity before our Indian-ness? These are some of the questions that Mulk raises. It gives individuals an opportunity to introspect,” Taapsee said. “Such films not only address issues but also bring about a change for the better. They allow people to openly ask questions about the things that they have been thinking about for ages, about the problems prevalent in India. They also ignite the feelings of oneness and patriotism,” she added. Mulk has faced much heat for being “pro-Muslim”, with online trolls going to the extent of threatening filmmaker Anubhav Sinha. Addressing the subject of trolling, Taapsee said, “These days, every little thing is a cause for trolls to lash out.
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Rohan Bopanna misses Rogers Cup to save shoulder for Asian Games 2018
New Delhi : Doubles specialist Rohan Bopanna, recuperating from a shoulder injury, will skip the ATP Rogers Cup beginning in Toronto on Monday, and will reach Palembang on August 14 to get acclimatised to the conditions ahead of the Asian Games.It means that Bopanna will compete at the Asian Games without any competitive match since the Wimbledon Championships. Bopanna and his French partner Edouard Roger-Vasselin had conceded their men’s doubles second round after the Indian suffered the injury on July 6. The Coorgi had also planned to play the Bastad event with Divij Sharan, his
men’s doubles partner at the Asian Games, but his injury did not let him participate.“Rohan has recovered from his shoulder injury but he thought it does not make sense to travel all the way to US for just one week. Those are big tournaments and you need to be match sharp,” India’s men’s squad captain Zeeshan Ali told PTI.“He is losing about 1000 points by not playing these two weeks but he thought it’s a better decision to save his shoulder for the Asian Games. So he is reaching Palembang on August 14 to get used to the conditions, the surface to be ready for the Asian Games.”“He is going there a week earlier to practice.
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SPORTS ROUNDUP
BWF World Championships Final, PV Sindhu vs Carolina Marin: All you need to know
Hardik Pandya’s kind gesture that impressed a hotel staffer in England
Birmingham: Hardik Pandya failed to contribute when it needed as Team India slumped to 31 run defeat against England in the opening Test in Edgbaston on Saturday. However, a small gesture off the field by the all-rounder is already winning hearts.The incident took place last week at around 9.30 pm when Hardik returned to the team hotel - the Hyatt Regency after having dinner with teammates Ishant
Sharma and KL Rahul. The Baroda cricketer was the last to enter the hotel after leaving the cab and soon made his way to the concierge desk.“This parcel contains food which wasn’t even touched by us when we dined... Please give it to anybody who comes in the hotel’s vicinity asking for food (occasionally happens at night)... It has been packed for that person,” Hardik told the hotel staffer as quoted by The Telegraph.
Nanjing (China): While PV Sindhu will look to erase the painful memories of her previous final’s defeat, Carolina Marin will be out to dash Sindhu’s plans as the Indo-Spaniard rivals square off against each other in the BWF World Championships final here on Sunday.Although the Rio Olympics finalists are yet to win a title this year, the two have found their gumption and peaked at the right time to make it to the final of this edition of the BWF Championships. While Sindhu defeated the likes of Nozomi Okuhara and Akane Yamaguchi to reach the final, Marin overcame Saina Nehwal and He Bingjiao to make it to the title clash. While Sindhu will be targeting to become the first Indian to
win the World Championships, Marin will be keen to clinch her third worlds title. Timing and venue:The match is expected to start around 12.30 PM (IST) on August 5, 2018, Sunday in Nanjing, China. Live streaming: The live streaming of Sindhu vs Marin final will be available on HotStar. Live telecast: The live telecast of the BWF World Championships 2018 final will be available on Star Sports 2 and Star Sports 2 HD. Key stats: Head to head: Marin leads Sindhu with 6-5 scoreline. Last BWF World Championships game: Marin defeated Sindhu in 2014 semifinal 21-17, 2115. Last final encounter: Sindhu beat Marin in 2017 India Open final 21-19, 21-16 Head-to-head: Marin leads 6-5.
England vs India, 1st Test: 5 things we learnt from the Edgbaston thriller Birmingham: Ben Stokes starred on the decisive day as England beat India by 31 runs to win a thrilling first Test at Edgbaston, drawing first blood in the five-match series. The all-rounder took three wickets on Saturday, including the prized scalp of India captain and first-innings centurion Virat Kohli.But fellow England all-rounder Sam Curran was named man-of-the-match after starring with both bat and ball.Here are five things we learnt from the first Test:Kohli holds the key:It might be too simple to say “get Virat Kohli out and you get India out” but perhaps not by too much. The India captain made a masterful 149 in
the first innings as he completed a maiden Test century on English soil.In the process he scored more runs in one innings than the 134 he managed in 10 knocks during his first Test tour of England four years ago.For as long as Kohli was batting in India’s second innings, they had hope of reaching a victory target of 194. But when he was out for 51, England were on their way.Kohli scored exactly 200 runs in the match but, concerningly for the tourists, he was the only India batsman to make a fifty in either innings.The skipper was downbeat after the match despite his 22nd Test ton.“It was just like any hundred I score,” he said. “Back in the
Business Banks collect Rs 5,000 cr from customers for breaching minimum balance
SBI led the pack in penalising its customers for not maintaining minimum account balance. New Delhi: As many as 21 public sector banks and three major private sector lenders collected a whopping Rs 5,000 crore from customers for non-maintenance of minimum balance in their accounts in 2017-18, according to banking data. India’s largest lender State Bank of India, which suffered a staggering net loss of Rs 6,547 crore during 2017-18, led the pack in penalising its customers for not maintaining minimum account balance. The governmentowned SBI, which re-introduced the penalty on deposits going below monthly average balance basis from April 2017, collected nearly half the amount raised by the 24 banks put together (Rs 4,989.55 crore). But for the additional income of Rs 2,433.87 crore under this head, SBI’s losses would have soared further. After SBI, the largest amount
of charges for not maintaining minimum balance during 2017-18 was collected by HDFC Bank. It charged its customers Rs 590.84 crore, which is lower than Rs 619.39 crore in 2016-17, the data revealed. Axis Bank collected Rs 530.12 crore in the last fiscal while ICICI Bank charged Rs 317.6 crore. SBI was charging the penalty on failure to maintain monthly average balance requirement till 2012 and again reintroduced it from April 1, 2017. Following the criticism, SBI reduced charges with effect from October 1, 2017. According to the RBI norms, banks are permitted to levy sevice/miscellaneous charges. Customers opening accounts under Basic Savings Bank Deposit (BSBD) scheme as well as Pradhan Mantri Jan Dhan Yojna are not required to maintain any minimum balance.
day I used to think about playing in different conditions, different countries, but when you become captain it’s about taking your team across the line.”Stokes factor:Stokes is the kind of cricketer all captains want in their side -someone with the ability to make things happen with bat or ball.With India edging their way towards victory on Saturday, it was no surprise when England captain Joe Root brought the Durham all-rounder on as first change.It was typical of Stokes that he had dangerman Kohli lbw with just his third ball and three balls later had Mohammed Shami caught behind to leave India floundering at 141 for eight.
VALUERS BODIES RAISES FINGER AT COMPANIES (VALUERS & VALUATION) RULES, 2017 Mumbai : The Pan-India Valuers Federation organised Press Conference at Ahmedabad Management Association (AMA),Ahmedabadon Sunday August 05, against arbitrary Clauses& Conditions for existing Govt. Approved Valuers in Companies (Registered Valuers & Valuation Rules) 2017 as notified by Ministry of Corporate Affairs. The rules have been notified without considering the objections sent by thousands of stake holders. According to the ‘Federation’, the new rules will lead to corruption & unethical practises as well as give way to incompetent persons to practise the profession of Qualified Technical Degree holders. Er. Kapil Arora, Gen. Secretary, Pan
India Valuers Federation & Ramandeep Singh, Chndigarh Architecture said that Valuation of Land & Building/Plant & Machinery is technical in nature.Only graduate engineers, architects and town planners with minimum 10 years of practical experience are permitted to practise as Govt. Registered Valuers. It is beyond our imagination that how 50 hours training which is being conducted in just 6 days for persons having no technical degree will improve the quality of Valuation profession. There is no authenticity of 50 hours training by Private Mediators i.e. RVOs as the records can be manipulated to give advantage to their own well wishers as per their whims & fences.
Tech Mahindra to roll out 5G pilot projects next month
Hyderabad: Tech Mahindra expects to launch about five pilot projects on 5G services by next month and execute big projects on the new generation network from next financial year onwards, said a top executive of the IT giant. C P Gurnani, CEO and Managing Director of Tech Mahindra also said the company hopes to garner over USD 100 million as revenues from Blockchain Technology during the current fiscal. “My personal belief is that by September we would launch. Tech Mahindra will be launching its complete service offerings along with its partners.We expect within this financial year to do about five 5G trials and hopefully in the financial year, starting April 1 2019, we will be executing some big projects,” he told PTI during his recent visit to the city. A senior official of
TechM had earlier said they had set up an innovation lab powered by Intel architecture to accelerate 5G roll out in India. The Centre constituted a high-level committee last year, comprising secretaries of the Telecom Department, IT and Electronics Ministry and Science and Technology Department, to work out the vision, mission and goals for India’s 5G ambitions and prepare a road map and action plan for the same. Telecom industry body COAI has said auction of spectrum for 5G services should happen only around the second half of 2019 as it would offer telcos better visibility into market dynamics and potential revenue streams of the nextgeneration mobile services. “My (Tech Mahindra’s) appetite is very very large and the opportunity of 5G is very large,” Gurnani said.
Supplying rails to Railways like a dream come true, says Naveen Jindal
New Delhi: Supplying rails to Indian Railways is like a “dream come true”, Naveen Jindal, the Chairman of Jindal Steel and Power Ltd (JSPL) which became the first private company to supply rails to the railways, said. Last week, JSPL bagged 20 per cent of Rs 2,500 crore global tender by Indian Railways to supply long rails. “It was a very emotional and proud moment. It was like a dream come true. A dream which we had seen some 20 years back. I had always dreamt of supplying rails to our national transporter,” Jindal told PTI in an interviewJSPL had set up a rail mill at its Raigarh plant in 2003 to become the second player after SAIL to produce rails in India. “Meanwhile, we kept on getting long rail orders from industry and were exporting to countries like Iran, Bangladesh and a few others. In India, we supplied for dedicated freight corridor. But our main aim was to supply to the Indian Railways.
Indian Oil Corp to invest Rs 1.75 lakh cr for expansion, says Chairman
New Delhi: Indian Oil Corp, the nation’s largest oil firm, plans to invest Rs 1.75 lakh crore to nearly double refinery capacity, boost petrochemical production, expand gas business and lay new pipelines to become a vertically integrated company, its Chairman Sanjiv Singh said. It plans to raise capacity to turn crude oil into fuels like petrol and diesel to 150 million tonnes per annum by 2030 from the current 80.7 million tonnes. The company currently owns and operates 11 out of the 23 oil refineries in the country.“As the leading refiner in the country and a dominant player across a diverse portfolio of offerings in
energy, IOC is focussing on all emerging opportunities for organic and inorganic growth through vertical integration and strategic diversification, besides pursuing value-creating research areas,” Singh said in the company’s latest annual report. As part of this, projects costing Rs 32,000 crore are in various stages of execution and plans are underway for implementing more projects costing about Rs 1.43 lakh crore, he said. Singh said plans to nearly double refining capacity by 2030 include “greenfield refineries of subsidiary Chennai Petroleum Corp Ltd (CPCL) and the proposed Ratnagiri Refinery & Petrochemicals Ltd
(RRPCL), apart from numerous brownfield expansions.”RRPCL is building the world’s largest integrated greenfield refinerycum-petrochemicals complex with a capacity of 60 million tonnes per annum. The project is being executed in partnership with stateowned BPCL and HPCL along with Saudi Aramco and ADNOC of UAE. “Several pipeline projects with a combined capital expenditure of over Rs 20,000 crore are under implementation. Upon completion, IOC’s pipeline network would expand to about 20,000 km in length,” he said, adding a 69-km pipeline is also being laid to transport petroleum products to Nepal.
4 / Dt. 06-08-2019, Tuesday, Ahmedabad
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GST Council clears 20 per cent cashback on digital payments, with Rs 100 cap Revenue shortfall concerns and issues being faced by micro, small and medium enterprises (MSMEs) dominated the 29th meeting of the GST Council. The Council approved a six-member ministerial panel, headed by Minister of State for Finance Shiv Pratap Shukla, to look into the issues of MSMEs.
Ahmedabad : The Goods and Services Tax (GST) Council on Saturday cleared a pilot project to offer digital incentives, in the form of cashback of 20 per cent of GST paid on business-toconsumer transactions using RuPay and BHIM platforms, subject to a cap of Rs 100 per transaction. Revenue shortfall concerns and issues being faced by micro, small and medium enterprises (MSMEs) dominated the 29th meeting of the GST Council.
The Council approved a sixmember ministerial panel, headed by Minister of State for Finance Shiv Pratap Shukla, to look into the issues of MSMEs. “We have decided to undertake a pilot project. A broad framework has been worked out so that users of RuPay card, BHIM, Aadhaar, UPI, USSD transactions can be given the incentives because these are mostly used by poor people,” said Finance Minister Piyush Goyal, adding that the pilot programme
Gujarat: GUJCOT manager, NAFED employees among 19 arrested in groundnut adulteration case
Rajkot : Gujarat Police on Saturday arrested 19 people including Magan Zalavadiya, warehousing manager of Gujarat State Co-Operative Cotton Federation Limited (GUJCOT) for allegedly colluding with the cooperative society of Junagadh in adulterating groundnuts procured from farmers at minimum support price (MSP). Meanwhile, Opposition leader Paresh Dhanani sat on a day-long hunger strike to protest against the alleged scam. It is to be noted that Zalavadiya had himself filed a complaint
with Jetpur taluka police station on August 1 for adulteration of 31,000 bags of groundnut stored at a godown in Pedhla village between October 2017 and July 31, 2018. Addressing a press conference after the arrests, SP Balram Meena said, “On July 31, we got information that some traders had refused to take delivery of groundnut from the Pedhla godown alleging the stock had been adulterated. Despite instructions, Zalavadiya did not approach the police with a complaint immediately.
will be implemented in any state on a voluntary basis. The revenue department and GST Network (GSTN) will coordinate with the National Payments Corporation of India (NPCI) for the development of software to facilitate the refunds in these digital transactions. “The burden will not be put on the dealers. Software will be developed by NPCI to facilitate the cashback. First, it will be rolled out on pilot basis, and then, after seeing
Asif Ali Zardari, sister fail to appear before panel
Islamabad: Pakistan Peoples Party (PPP) supremo Asif Ali Zardari and his sister Faryal Talpur failed to appear before Joint Investigation Team (JIT) of Federal Investigation Agency on Saturday in a corruption case relating to fake accounts and fictitious transactions worth Rs 35 billion. Both were summoned to record their statement. Notices were also issued to them by FIA. Zardari’s close aide Hussain Lawai is also in FIA’s custody in the case. On July 30, Ms Talpur challenged FIA’s interim challan and submitted Rs 2 million bail amount in court. On July 30, Ms Talpur challenged FIA’s interim challan and submitted Rs 2 million bail amount in court.
China plans tariffs on USD 60 billion of US goods in latest trade salvo
Sterling Biotech money laundering case: Rs 25 lakh suspected bribe sent to Ahmed Patel’s Delhi home, ED tells court Beijing/Singapore: China proposed retaliatory tariffs on USD 60 billion worth of US goods ranging from liquefied natural gas (LNG) to some aircraft on Friday, as a senior Chinese diplomat cast doubt on prospects of talks with Washington to solve their bitter trade conflict. The Trump administration tightened pressure for trade concessions from Beijing this week by proposing a higher 25 per cent tariff on USD 200 billion worth of Chinese imports. China vowed to retaliate while also urging Washington to act rationally and return to talks to resolve the dispute. The United States and China implemented tariffs on USD 34 billion worth of each others’ goods in July. Washington is expected to soon implement tariffs on an additional USD 16 billion of Chinese goods, which China has already announced it will match immediately. China has now either imposed or proposed tariffs on USD 110 billion of US goods, representing the vast majority of China’s annual imports of American products. Last year, China imported about USD 130 billion of US goods. Ahmedabad : THE DIRECTORATE of Enforcement (ED) has informed a Delhi court that Rs 25 lakh in suspected bribe was delivered to the official residence of senior Congress leader and Rajya Sabha member Ahmed Patel in connection with the money laundering case involving the Sterling Biotech Group. The ED disclosed this information in court on Thursday while seeking custodial remand of one Ranjit Malik in connection with the case. The Gujarat-based pharmaceutical firm had taken loans amounting to more than Rs 5,000 crore from a consortium of banks led by Andhra Bank, which have turned into nonperforming assets. The CBI registered an FIR alleging that the money was
IIM-Ahmedabad: Golfer, pilot, lawyer; meet multi-talented PGP batch Ahmedabad: Over the past few years, the Indian Institute of Management, Ahmedabad has acquired a diverse batch with regard to gender, work experience and educational background. The institute has consciously been welcoming students with different experiences. For the academic year 2018-2020, the incoming batch invited by IIMAhmedabad is the most diverse batch in recent years, both in terms of gender diversity, work experience and educational background. Besides, the batch includes students who have achieved significant accolades in areas as uncommon as golf, scientific research and philanthropy. A law graduate from RMNLU, Lucknow, Anuj is a Securities Law and Public Policy enthusiast. He has also won the NLIU Juris Corp National Moot, as well as, winning multiple parliamentary debates on a national level. Anuj was also the coach of a team representing India in ALSA International Competition, Kuala Lumpur, eventually emerging
the results, will be considered for a nationwide rollout,” said a senior government official. Uttar Pradesh, Bihar, Maharashtra, Gujarat, Tamil Nadu and Assam have opted to join the digital incentives pilot project, officials said. Bihar’s Deputy Chief Minister Sushil Kumar Modi said the revenue impact of the cashback/ refund for these digital transactions is expected to be around Rs 980 crore when it gets rolled out nationwide. “Compliance will increase. In the longer run, it will encourage formalisation of the economy,” he said.
international
as the runners’ up in the competition. Anuj wants to pursue management studies to further his understanding and thereby contribute to public policymaking. Meet completed his B Com and the IPCC exam for Chartered Accountancy ranking fifth in India. At the age of 10, he was featured in the Limca Book of Records for having played 47 instruments in 11 minutes. He has been felicitated by the then Chief Minister of Gujarat, Narendra Modi, for the same. Meet is also a champion in the field of sports. He is a national level rollerskater and an international-level chess player. He also captained the Gujarat state table tennis team. He is one of three non-engineers to have scored 100 percentile in CAT 2017 as well. Apart from all the above achievements, he also topped the CBSE Class 12 examination in Gujarat. At IIM-A, he wants to hone his business acumen by learning from some of the best professors in the country and network with other accomplished folks.
diverted by the group to buy various properties. The ED subsequently started investigation into the money laundering case. Last year, the ED had arrested a Delhi-based businessman named Gagan Dhawan, alleging that he had facilitated directors of Sterling Group in buying properties and “helped them in diverting” bank loans. Earlier this week, the ED arrested Ranjit Malik and informed the court that their investigation “indicated” that Malik is an accomplice of Gagan Dhawan and acted as his cash operations manager. According to the ED’s remand application, the agency had summoned Malik “several times”, but he did not appear and did not cooperate in the probe.
Gujarat youths’ employability up by 70% with training from govt finishing schools
Ahmedabad : Launched on a pilot basis at the end of the academic year 2016-17, the Gujarat government’s initiative of finishing schools for final year students has reportedly resulted in better employability of up to 70 per cent. After employers’ feedback repeatedly pointing to a lack of soft skills in Gujarati students, the state had launched the initiative for a single batch in 40 government colleges — 20 from higher and technical education each. Under the project, students were put through a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis, which included 32 sessions covering boosting of self-esteem, team work, setting life goals, dressing
up, interview practice, telephone etiquette, personal hygiene etc.As per Knowledge Consortium of Gujarat (KCG) data, the SEED organising body established by Education department, there is an increase in percentage of students placed after taking training under the finishing schools. The highest increase is reported in colleges like LD Engineering College in Ahmedabad that reports 100 per cent placement from nearly 40 per cent prior to the finishing schools, Government Polytechnic College in Surendranagar from less than 10 per cent to nearly 60 per cent, Government Engineering College Surat.
How a phone app, database of over 50 mn voters helped Imran Khan win Pak polls
Islamabad: A phone app and a database of more than 50 million voters were key weapons in the successful campaign of cricket legend Imran Khan in last month’s general election, though rivals allege Khan also received clandestine aid from Pakistan’s powerful military. How Khan’s Pakistan Tehreek-i-Insaf (PTI) party used the database and the associated app represents a sea change in the antiquated way in which Pakistan’s biggest parties conduct elections, from pre-poll targeting of voters to on-the-day mobilization of supporters. PTI was secretive about the technology plan ahead of the July 25 poll, fearing rivals could copy it, but several party workers showed Reuters how the app transformed their campaign and gave them an edge. The phone app proved especially useful in getting supporters to the polls when the government’s own telephone information service giving out polling place locations suffered major problems on election day, leaving other parties scrambling.
2 planes crash in Swiss Alps within hours, casualties uncertain
Zurich: A small airliner crashed in the Swiss Alps on Saturday, just hours after a family of four was killed when their small plane went down in a forest. Authorities provided few details about the second crash but local airline JU-AIR said one of its Ju-52 airplanes, which seats 17 passengers along with two pilots, had crashed. It was not clear how many people were on the plane. “We have the sad duty to announce that one of our Ju52 aircraft had a accident today,” the airline said on its website. “At the moment, no further information is available.” Police said on Twitter that five helicopters and a large rescue mission were deployed to the scene of the accident, which occurred on the west side of the Piz Segnas mountain in the canton of Graubuenden. The airspace above the crash site, which is 2,450 metres (8,038 feet) above sea level, was closed by the country’s Federal Office for Civil Aviation. Local newspaper Blick reported that all passengers aboard the plane were killed. Neither police nor the airline could immediately be reached on Saturday night but police said on Twitter that further information would be provided on Sunday morning.
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