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3`Ey FA2 ?52 ]VU E` ?A2d+ CR[R , )/!+)' ,012 2 2 3 0+ .1 -./ 6+944*9+4F= 7"5+"-F=7%%HFF-494 6G4-96F96HF G49"6%44+49% 6+596+"499F96"J+" GF6F+%F79"4" I% &- 22 )). 03? I " 4 ! 3 4 ,3 5,06 ,1 7 ! "# $%& '( )* ! "$% !& ! " "" +454%/6 reporting of fraud cases to the This is a matter that should be “A variety of governance Congress. probe agencies. I also sent a list addressed with urgency,” said problems such as the suspect The Congress hit back on & ' ormer Reserve Bank of of high-profile cases to the Rajan in his report. allocation of coal mines cou- the bad loans issue saying that FIndia (RBI) Governor PMO urging that we coordi- Unfortunately, he said, the pled with the fear of investiga- the Narendra Modi Raghuram Rajan has blamed nate action to bring in at least system had been “singularly tion slowed down Government Government is accountable for %%) ;0 0< ‘suspect’ allocation of coal one or two to book. I am not ineffective” in bringing even a decision making in Delhi, both the NPA mess. Party spokesper- 9 03 mines and slowdown in deci- aware of single high-profile fraudster in the UPA and the subsequent son Randeep Surjewala said %) sion making by the Congress- progress on to book. “As a result, fraud is NDA Governments,” Rajan when the UPA had left office in ;0 ;3 led UPA as also the lack of this front. not discouraged,” Rajan said. said in his note submitted to 2014, total (NPA)s were 2.83 urgency shown by the incum- It is not clear as to which the Parliament’s Committee lakh crore and this has jumped 9 bent NDA dispensation regime Rajan addressed on Estimates headed by BJP to 12 lakh crore under the +454%/6 ! = accountable for the rising Non- his list of high-profile leader Murli Manohar Joshi. NDA rule. 7" ! # ! Performing Assets (NPA) of the cases of frauds. Rajan is currently the Continued on Page 4 he Indian Rupee continued # = 9 banks. The bad loan prob- Katherine Dusak Miller Tto make a fresh low on daily 23 # # In his report to a lem mainly surfaced due Distinguished Service Professor basis against the backdrop of $ Parliamentary panel, to slowdown in the of Finance at Chicago Booth rising fuel prices, capital out- - !?1 ?; ! Rajan also disclosed he Government’s decision School of Business. He served flow and global trade war ten- ?? 0@ sent a list of high-pro- making and econom- in the capacity of the RBI sion leading to mayhem in the file fraud cases to the ic growth seeing Governor for three years till stock market and posing seri- ;0 A; ;; 3; ! Prime Minister’s a dip along with September 2016. ous concern for the funda- Office but was “not over-optimistic The comments of the for- mental of the economy. After 9 aware of any bankers, he mer RBI Governor, who exit- ! opening in positive territory on # # progress” on it. said. ed after completing his tenure Tuesday morning and touching ! # <1A “The RBI set up a (not given a second term) dur- of 72.25 versus the dollar, the $ fraud monitoring cell ing the Modi Government, Rupee plummeted 24 paise to B;32B 2B when I was the Governor triggered a war of words # end at a new record low of = to coordinate the early between the BJP and the ! 7- 72.74. However, the Reserve # !8 + Bank of India (RBI) interven- 9 tion led to some recovery. 6 Petrol and diesel prices hit among all metros and most ing of the US dollar on the back O P 9 fresh highs on Tuesday. A 14 State capitals because of lower of a strong jobs report and $ paisa per litre hike in petrol and taxes. Mumbai has the highest expectations of a rate hike diesel prices each took the rates sales tax or VAT. Petrol in from the Federal Reserve this 7 to an all-time high. While some Chennai costs 84.07 per litre month. States have marginally reduced and 83.75 in Kolkata. Diesel The Rupee has also come ! : : VAT to provide symbolic relief is priced at 77.15 per litre in under pressure from huge port- ! Kottayam/Kochi/Kannur: A ! this year, after Choksi fled, PM !# to consumers, but it is too lit- Chennai and 75.82 in Kolkata. folio liquidation pressure from nun who has accused a Roman Modi met the Antiguan tle to make any difference in While the Government has foreign investors. Catholic Bishop of raping her "# President in the UK but he did- view of the massive rise over the ruled out any excise duty cut to The political uncertainty has petitioned the Vatican rep- n’t utter a word to send back last few days in fuel prices. contain the rise of fuel prices, about 2019 general elections resentative in India alleging Choksi. ! ! Petrol price in Delhi it may be forced to come out have also been acting as a that the clergyman was using #" This is not my words, it has climbed to 80.87 per litre, with NRI bond, as was done in dampener on forex market “political and money power” to been said by the Antiguan : while in Mumbai it inched up 2013, to deal with the sentiments. Foreign investors bury the case even as the %" President in an interview on # to 88.26. A litre of diesel in the falling Rupee. withdrew close to 2,300 crore Kerala Government on July 27. The Indian national Capital was priced at The Rupee is facing twin from the capital markets since Tuesday assured “justice +454%/6 Government never approached 72.97 and 77.47 in Mumbai. problems. First the rise in fuel Monday. will be done”. them on this issue.” ! # 9 Delhi has the cheapest fuel prices, second, the strengthen- Related reports on P10 Making a fervent plea for fter the fugitive diaman- party shared a number of com- The Congress also shared urgent intervention, the nun in Ataire Mehul Choksi plaints made by different peo- some documents on Twitter a scathing letter to Giambattista released a video message deny- ple at various intervals during to claim how PMO, MEA, Diquattro, Vatican’s Apostolic ing all charges of defrauding the last three years against the CBI, SEBI etc., gave a clean Nuncio (a diplomatic mission, the PNB, the Congress on duo to the PMO and several chit to the fraudsters and also sought to explain her Tuesday released documents to other agencies, including facilitated their escape from silence before coming out allege complicity of Prime Securities and Exchange Board the country. against the bishop and said she Minister’s Office (PMO) and of India (SEBI). The fresh attack on the had “tremendous fear and the Finance Ministry in the Furnishing proof of Modi Government from the shame” and wondered why the escape of Nirav Modi and Government’s alleged involve- Congress came hours after church was “closing its eyes Choksi from the country. ment in their escape, Congress fugitive Mehul Choksi released towards the truth”. Accusing the Modi spokesperson Randeep Singh a video message denying alle- Detailed report on P6 Government of inaction, the Surjewala said, ‘’On April 20 gations of wrongdoings by him. 9+/6 rime Minister Narendra PModi interacted with the grass-roots level workers !! through video conferencing ! "# on Tuesday to know about the ! ! steps being adopted by them to root out ‘malnutrition’ in the $ $ tribal State. Notably, in the first of its kind attempt, the live telecast of the Prime Minister programme !"! %# $$! was broadcast at 100 ! # &%' # Anganwadi Centers across the $ country. Over 10,000 Sahiyas % &'$ # ( ) got the opportunity to establish # direct communication with PM Modi, where he not just , $ P motivated the workers but sug- gested measures to root out 9 ! " & '& ( )!*!+!' * ‘malnutrition’ from their ! 8 # L! + respective regions. 5 -# O - The PM through video- ! " ! +" conferencing especially men- 9 # ( # M % ! tioned about the work under- 8 !F - + taken by the Sahiyas and ANM # workers at Seraikela district. ( # # % O/ " Overwhelmed with the - "" # ( 0123 response of the PM, # Continued on page 4 , *') #$ " # " %&'(%) " + 9+/6 he Union Rural 9+/6 TDevelopment Department today felicitated representa- he State Cabinet on tives from Jharkhand for secur- TTuesday approved ing first place in Direct Benefits Jharkhand State Municipal Transfer (DBT) in MGNRE- Trade License Regulation that GA. Jharkhand was also felic- makes it obligatory for any per- itated for getting first place in son engaged in economic and Social Security Pension and business activities in urban adopting Best Practices in the local bodies to take license for field. his trade. Also, the State was felici- It states that failure to tated for Maximum comply with the Act will attract Habitations Connected dur- ('$ ! # fine and other actions. ing the FY 2017-18 under the '$ ! ! ) *$ '+) Urban Development PMGSY. The felicitation cere- ! $ ,- department secretary Ajoy mony was organised at Vigyan .*$ $ Kumar Singh informed Bhawan, New Delhi %& ! $ / # Continued on page 4 Continued on page 4 ( )* +,- ,.+/ 34 5/ 456/## %) 9+/6 sanctioning the amount and water could not be supplied to Additional Secretary directed amount and update report and Sachin Kumar Das missing since last 15 years. Personnel and Home Affairs start the work of restoration. the village from tank. The the concerned department to immediately. worked as soil testing through Even after 15 years of the inci- and then take action. n estimated Rs 5.63 crore Singh was reviewing the com- Additional Secretary instruct- take immediate steps and send Nearly nine computer outsourcing in the Chemical dent, his dependent has not Near the Adityapur Ahas been allotted for the plaints in a weekly review ed to start the water supply report within a week.
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