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1 2 %$ &' "()* !' '0)* !'* 5636 37 ' 3(+4 8 #9: &" 6 6++ 6$8 +& ,- & 2 8+ 27+ +& 2 & 2 2+2 $+ ./).. $ : 2&; 2+6 8 98 1 2 34 3/, 1 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- ward off overtures from their meted by 793 points or 2 per beating on reports that respective parties. # $ +, - ) ' &(./ cent, its biggest single-day loss automakers have resorted to As a last-ditch effort to save 0 $%&'(0 this year so far, due to heavy production cuts after the Government, Ministers * 1* ) 2 selling in financial, auto and oil declining sales. from both the Congress and !"# stocks as investors turned edgy Hero MotoCorp declined the JD(S) on Monday resigned after the twin impact of Budget 5.3 per cent, Maruti by 5.2 per “voluntarily” to induct dissi- mark is 113. If the resignations we had detailed discussions tax proposals and a global sell- cent, Tata Motors by 3.4 per dents in the Cabinet. However, of the MLAs are accepted, the with senior leaders and off. cent and Bajaj Auto by 2 per so far there is no indication that coalition’s tally will be reduced Ministers,” Venugopal told The 30-share Sensex cent. “The Budget failed to any of the rebel MLAs are ready to 104. reporters. tanked 907 points in the intra- revive bullish sentiments to reconsider their stand. $%&'( ) * !"# On a hectic day of political The meeting was attended day trade before settling at among the investor communi- The resignation of the two activities, the Congress took the by Congress Legislature Party 38,720.57 points, showing a ty. The disappointment was Ministers who were inducted Government denied any role in “Whatever is happening cur- diate resignation. lead to save the Government, Leader Siddaramaiah among sharp loss of 792.82 points or aggravated as the market’s into the Government last the political turmoil even as rently in Karnataka, we have no “If at all he has dignity, holding the meeting at the others. 2.01 per cent. expectations of a stimulus month to prevent them from Congress accused it of hatch- relation with that,” he said. honour and self-esteem or if he residence of Deputy Chief Siddaramaiah too said all The broader Nifty of the package to revive growth were going to the BJP camp has ing a conspiracy. Chowdhury alleged the is aware of Karnataka’s culture Minister G Parameshwara, Congress Ministers have vol- NSE tanked 252.55 points, or not met. Further, expectations come as a major blow to the The BJP has “nothing to BJP-ruled Government is and traditions, he should which was attended by senior untarily resigned and have 2.14 per cent, to close at of weak earnings growth in the efforts of the crisis managers of do” with whatever develop- hatching a conspiracy to break immediately resign... Do not leaders, including AICC gen- 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 eral secretary KC Venugopal. 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- At the end of the meeting, “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. the party said all its 21 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- Ministers resigned voluntarily 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 to enable a reshuffle of the #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- Cabinet and make way for 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 disgruntled legislators. 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 JD(S) followed suit with nine of 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. its Ministers resigning after arrangement, out of the total 34 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 Kumaraswamy met the 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 Congress leaders. 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 “For the larger interest of shared 22 and 12 berths respec- MotoCorp, Maruti, Tata cent, dragging the index into Parliament where the Parliamentary democracy. Monday demanded his imme- House, where the half-way the party, yesterday and today, tively. Motors and Bajaj Auto took a the negative territory. ! " # $% +$ (& ! 3 Chief Secretary Information, / & ' Awanish Awasthi, said. nother fatal road accident The Uttar Pradesh Ahas been reported from Roadways will pay ex gratia of !"!#R Pakistan has been ‘analysed’ the Yamuna Expressway. On 5 lakh to the next of kin of the without any reference to its Monday, twenty-nine people deceased, the officials said. $ causality. The OHCHR update were killed and 18 injured At least 77 people have *$% seems to be a contrived effort after a State-run bus skidded off died this year only in accidents % & to create an artificial parity the expressway and fell into a on the 165-km expressway, between the world’s largest large drain in near Etmadpur in according to RTI data $ '() and the most vibrant democ- Agra, officials said. accessed by NGO SaveLIFE he BJD’s preparations for racy and a country that open- The bus was going from Foundation. Twinning the July 20 elec- ly practises state-sponsored Lucknow to Delhi and had at The NGO said 703 lives gainst the backdrop of a tions to the Patkura Assembly terrorism,” Kumar said. least 50 passengers on board, were lost in 4,880 accidents Amajor accident on Yamuna constituency in Kendrapada ndia on Monday slammed a The OHCHR report claims they said. “As per the District between August 2012, when Expressway on Monday, Union district got a boost with party IUnited Nation human rights the dismemberment of a UN the civilian casualties reported Magistrate (of Agra) 29 persons the expressway was opened Transport Minister Nitin supremo and Chief Minister body’s report on Jammu & member state.” in Kashmir and Pakistan-occu- have died. The bus fell into a for commercial operations, and Gadkari said the Government Naveen Patnaik holding a Kashmir situation and called it India’s retort came after the pied Kashmir from May 2018 ‘nallah’ (drain),” Additional January last year. is considering making it meeting with senior party continuation of the earlier Geneva-based OHCHR, which to April 2019 may be the high- mandatory for manufacturers |leaders at the Naveen Niwas “false and motivated” narrative last year released its first-ever est in over a decade and called to mix silicon with rubber to here on Monday to formulate which ignored the core issue of report on Kashmir, issued an on the UN Human Rights improve quality of tyres and fill a strategy for the prestigious cross-border terrorism ema- “update” of the 2018 report on Council to consider “the pos- them with nitrogen to help pre- constructing and maintaining battle. nating from Pakistan and vio- Monday, claiming that sible establishment of a com- vent road accidents due to tyre National Highways in the Patkura BJD candidate lates India’s sovereignty and ter- “neither India nor Pakistan mission of inquiry to conduct bursting in excessive heat. country and the Noida-Agra Sabitri Agrawalla’s son Sanjay ritorial integrity. has taken any concrete steps to a comprehensive independent Making this assertion in Yamuna Expressway is not a Agrawalla, who was also pre- Refuting the report, address the numerous con- international investigation into the Rajya Sabha, Gadkari National Highway constructed sent at the meeting, said there Ministry of External Affairs cerns raised”. allegations of human rights termed the tragedy unfortunate and managed by the National is no challenge to the party in Spokesperson Raveesh Kumar The MEA said the violations in Kashmir”.