• Abstract and Figures
• Public Full-text

1 2 /- 0 1 1 1 RNI No. Regn. UTTENG/2007/22374, REGD. No. UA/DO/DDN/126/2016-2018 !#$%!&'() .535 36 ' 3(+4 7 #89 0 : :22-3(:'< -203450(+3' *(+*%'+.'-&'<2- -').+)*;2, &.20()&.*&('3,( (.+(+0* .(-+(. 2'3 26766((+3*3- >-'()(0$2:+%3+( -'.(-* .<-'(&(-=+#(<,(-( ) "8!!" "7! 9(3 ' ( * * +,*+-./-0 (. Q R &'()** he Congress-Janata Dal(S) Tcoalition Government in Karnataka plunged into a deep- er crisis on Monday with two Ministers — H Nagesh and R Shankar, who are Independent MLAs — submitting their res- ignation to the State Governor. Thirteen other MLAs — 10 from the Congress and three from the JD(S) — have already %*%&(+ put in their papers and are headed for Goa from Mumbai, arket benchmark BSE where they were staying to MSensex on Monday plum- beating on reports that ward off overtures from their meted by 793 points or 2 per automakers have resorted to respective parties. # $ +, - ) ' &(./ cent, its biggest single-day loss production cuts after declining As a last-ditch effort to save 0 $%&'(0 this year so far, due to heavy sales. the Government, Ministers * 1* ) 2 selling in financial, auto and oil Hero MotoCorp declined from both the Congress and !"# stocks as investors turned edgy 5.3 per cent, Maruti by 5.2 per the JD(S) on Monday resigned after the twin impact of Budget cent, Tata Motors by 3.4 per “voluntarily” to induct dissi- mark is 113. If the resignations the party, yesterday and today, tax proposals and a global sell- cent and Bajaj Auto by 2 per dents in the Cabinet. However, of the MLAs are accepted, the we had detailed discussions off. cent. “The Budget failed to so far there is no indication that coalition’s tally will be reduced with senior leaders and The 30-share Sensex revive bullish sentiments any of the rebel MLAs are ready to 104. Ministers,” Venugopal told tanked 907 points in the intra- among the investor communi- to reconsider their stand. $%&'( ) * !"# On a hectic day of politi- reporters. day trade before settling at ty. The disappointment was The resignation of the two cal activities, the Congress The meeting was attended 38,720.57 points, showing a aggravated as the market’s Ministers who were inducted Government denied any role in “Whatever is happening cur- diate resignation. took the lead to save the by Congress Legislature Party sharp loss of 792.82 points or expectations of a stimulus into the Government last the political turmoil even as rently in Karnataka, we have no “If at all he has dignity, Government, holding the Leader Siddaramaiah among 2.01 per cent. package to revive growth were month to prevent them from Congress accused it of hatch- relation with that,” he said. honour and self-esteem or if he meeting at the residence of others. Siddaramaiah too said The broader Nifty of the not met. going to the BJP camp has ing a conspiracy. Chowdhury alleged the is aware of Karnataka’s culture Deputy Chief Minister G all Congress Ministers have NSE tanked 252.55 points, or Further, expectations of come as a major blow to the The BJP has “nothing to BJP-ruled Government is and traditions, he should Parameshwara, which was voluntarily resigned and have 2.14 per cent, to close at weak earnings growth in the efforts of the crisis managers of do” with whatever develop- hatching a conspiracy to break immediately resign... Do not attended by senior leaders, given “full freedom” to the 11,558.60 points. coming quarter are dampening the Congress and the JD(S). ment is taking place in the Congress-led Government try to stick on to the chair. You including AICC general sec- party to reshuffle the Ministry. After the Budget presenta- sentiments,” Sunil Sharma, the If the 13 MLAs who Karnataka and “we never pres- in Karnataka and Madhya do not have the numbers,” for- retary KC Venugopal. “All ministers from #JDS have tion on Friday, the market cap- Chief Investment Officer of resigned earlier stick to their surise and engineer defections”, Pradesh. “This Government is mer Deputy CM R Ashok said. At the end of the meeting, submitted their resignations italisation of BSE-listed firms Sanctum Wealth Management stand, then along with these Union Defence Minister secretly hatching a conspiracy The JD(S)-Congress coali- the party said all its 21 just like the 21 Ministers from dived 5,61,772.64 crore. commented. two Ministers, they will be Rajnath Singh said in the Lok against the State Government. tion’s total strength after Ministers resigned voluntarily #Congress. Cabinet reshuffle Sensex had dropped 394.67 Among financial stocks, bring the coalition Sabha as Congress leader Adhir They took our MLAs to a five Nagesh and Shankar with- to enable a reshuffle of the will happen soon, the CM points on Friday. HDFC dropped by 0.77 per Government in minority, Ranjan Chowdhury accused star hotel in Mumbai,” drawing their support is 116 Cabinet and make way for the Office said in a tweet. Among the Sensex scrips, cent, SBI by 4.14 per cent and paving the way for either the BJP of “buying MLAs” in Chowdhury said. (Congress-78, JD(S)-37 and disgruntled legislators. The Under the coalition Bajaj Finance fell the most by Axis Bank by 2.84 per cent. imposition of President’s rule in Karnataka. With Karnataka Chief BSP-1), besides the Speaker. JD(S) followed suit with nine arrangement, out of the total 8.18 per cent, followed by ONGC dropped 5.43 per the State or installation of a The Defence Minister said Minister H D Kumaraswamy’s With the support of two of its Ministers resigning after 34 ministerial positions, the ONGC at 5.43 per cent. cent, L&T by 4.3 per cent and BJP-led Government. the Government is committed Government appearing on the Independents, the BJP has 107 Kumaraswamy met the Congress and the JD(S) have Auto stocks Hero Reliance Industries by 0.85 per The issue echoed in to protect the dignity of brink of collapse, the BJP on MLAs in the 224-member Congress leaders. shared 22 and 12 berths MotoCorp, Maruti, Tata cent, dragging the index into Parliament where the Parliamentary democracy. Monday demanded his imme- House, where the half-way “For the larger interest of respectively. Motors and Bajaj Auto took a the negative territory. ! " # $% +$ (& (( ‘nallah’ (drain),” Additional & ' Chief Secretary Information, nother fatal road accident Awanish Awasthi, said.The Ahas been reported from Uttar Pradesh Roadways will !"!#R Pakistan has been ‘analysed’ the Yamuna Expressway. On pay ex gratia of 5 lakh to the O without any reference to its Monday, twenty-nine people next of kin of the deceased, the $ causality. The OHCHR update were killed and 18 injured officials said.At least 77 people seems to be a contrived effort after a State-run bus skidded off have died this year only in acci- % & to create an artificial parity the expressway and fell into a dents on the 165-km express- between the world’s largest large drain in near Etmadpur in way, according to RTI data $ '() and the most vibrant democ- Agra, officials said. accessed by NGO SaveLIFE ',-').+ racy and a country that open- The bus was going from Foundation. The NGO said 703 ',-').+ ly practises state-sponsored Lucknow to Delhi and had at lives were lost in 4,880 acci- gainst the backdrop of a !" terrorism,” Kumar said. least 50 passengers on board, dents between August 2012, Amajor accident on Yamuna # $ ndia on Monday slammed a The OHCHR report claims they said. “As per the District when the expressway was Expressway on Monday, Union IUnited Nation human rights the civilian casualties reported Magistrate (of Agra) 29 persons opened for commercial opera- Transport Minister Nitin body’s report on Jammu & the dismemberment of a UN in Kashmir and Pakistan-occu- have died. The bus fell into a tions, and January last year. Gadkari said the Government $ Kashmir situation and called it member state.” pied Kashmir from May 2018 is considering making it continuation of the earlier India’s retort came after the to April 2019 may be the high- mandatory for manufacturers % “false and motivated” narrative Geneva-based OHCHR, which est in over a decade and called to mix silicon with rubber to which ignored the core issue of last year released its first-ever on the UN Human Rights improve quality of tyres and fill cross-border terrorism ema- report on Kashmir, issued an Council to consider “the pos- them with nitrogen to help pre- constructing and maintaining nating from Pakistan and vio- “update” of the 2018 report on sible establishment of a com- vent road accidents due to tyre National Highways in the lates India’s sovereignty and ter- Monday, claiming that “neither mission of inquiry to conduct bursting in excessive heat. country and the Noida-Agra ritorial integrity. India nor Pakistan has taken a comprehensive independent Making this assertion in Yamuna Expressway is not a Refuting the report, any concrete steps to address international investigation into the Rajya Sabha, Gadkari National Highway constructed Ministry of External Affairs the numerous concerns raised”. allegations of human rights termed the tragedy unfortunate and managed by the National Spokesperson Raveesh Kumar The MEA said the violations in Kashmir”. and said the Uttar Pradesh Highways Authority of India said, “The update of the report OHCHR “update” is in com- “We have registered our Government has already set up (NHAI) or the Ministry, he of the Office of the UN High plete variance with positions of strong protest regarding the a committee to look into rea- said.

Load more

  16

Copy Link