Follow us on: RNI No. TELENG/2018/76469 @TheDailyPioneer facebook.com/dailypioneer Established 1864 Published From OPINION 8 TOLLYWOOD 13 SPORTS 16 HYDERABAD DELHI LUCKNOW TIME TO TOLLYWOOD HAS TREATED ALONE BHOPAL RAIPUR CHANDIGARH SEED THE WORLD ME LIKE A PRINCESS: ANAGHA LK WARRIOR BHUBANESWAR RANCHI DEHRADUN VIJAYAWADA *LATE CITY VOL. 1 ISSUE 299 HYDERABAD, FRIDAY AUGUST 2, 2019; PAGES 16 `3 *Air Surcharge Extra if Applicable DIA MIRZA-SAHIL PART WAYS { Page 11 } www.dailypioneer.com Cop who Stock markets sink to 5-month misbehaved TS sees huge decline with students lows on gloomy macro data PNS n MUMBAI suspended in Central grants in Q2 LINGANNA ENCOUNTER PNS n HYDERABAD Equity benchmarks crashed to L VENKAT RAM REDDY HC orders five-month lows on Thursday Following widespread uproar n HYDERABAD Official sources in TS Finance Department as lacklustre macroeconomic over a police constable's mis- attributed the shortfall to a significant second autopsy data and hawkish comments behaviour on Wednesday Indicating a shift in national from the US Fed further dent- with some female students priorities due to poor tax col- decrease in Central tax collections across PNS n HYDERABAD ed risk appetite. After a weak during protests by two groups lections, a huge decline was the country. So, all the states faced cuts in opening, the 30-share BSE at Charminar, City Police noticed in the devolution of central grants The Telangana High Court on Sensex plunged more than Commissioner Anjani central grants to Telangana Thursday directed the state 750 points in late-afternoon Kumar on Thursday placed in the first quarter of the police to conduct for a second trade, before finally ending at the cop under suspension. He new financial year (April- Finance Bharat Mission (Gramin), time post-mortem on the 37,018.32, down by 462.80 also ordered a probe into the June 2019-20). Department attrib- Rashtriya Krushi Vikas Yojana, body of Linganna, who was points or 1.23 per cent. incident. According to the Data obtained from the uted the shortfall to a sig- AMRUT and SSA got funds killed in a police encounter at Similarly, the broader NSE police, the constable, K Finance Department shows nificant decrease in Central tax this quarter, though no funds Gundala in Bhadradri Nifty dropped 138 points or Parmesh, was on duty during that the Centre released only Rs collections across the country. were released for the same in Kothagudem district a few 1.24 per cent to close below 2019-20 fiscal. Major auto- the protests by students of Dr 4,973 crore in the first quarter So, all the states faced cuts in the first quarter last year. days ago. The HC also direct- the key 11,000-mark at However, Fed Chair mobile manufacturers on BRKR Ayurveda College at of this fiscal year. A sum of Rs central grants. The Centre The Centre gives its contri- ed police to get the autopsy 10,980.00. This is the lowest Jerome Powell said Thursday reported disap- Charminar. Videos of the 6,093 crore was released during released nothing towards bution for implementation of done on Friday by a medical closing level for both the key pointing July sales data, indi- incident showed him touch- the same period in the last fis- MGNREGS, Finance Centrally-sponsored schemes. team headed by Gandhi hos- indices since early March. the move was not cating that revival in con- ing students inappropriately cal year -2018-19. This Commission grants, NDRF, With no funds coming from pital superintendent, after Weak economic data, the beginning of a sumer sentiment is still some- went viral on social media amounts to a drastic reduction micro irrigation, NRDWP, the Centre in the first quarter, shifting the deceased's body unabated foreign fund out- way off. "Indian markets have platforms. of Rs 1,119 crore or 18 per cent though all of these got sub- the state government will face from Bhadradri Kothagudem flows and disappointing quar- rate cut cycle, been in free-fall as FIIs Continued on Page 2 decrease in central grants. stantial funds in the first quar- financial problems in the imple- district. terly earnings also weighed on sending global offloaded USD 3 billion worth Official sources in TS ter last year. However, Swachh mentation of certain schemes. Continued on Page 3 market sentiment, traders of Indian stocks over last 1 said. markets lower month post-Budget, on the On the global front, the US back of impact of high-taxa- Yedi in Hyd to Federal Reserve reduced the Power Grid, Reliance, Bajaj tion and concerns of multi- JAGAN CALLS ON CM, GOVERNOR benchmark lending rate by 25 Auto, Hero MotoCorp, HUL year low economic growth. seek seer's basis points to 2.0-2.25 per and NTPC ended in the green, "Further, with Fed Chairman's cent on Wednesday for the spurting up to 1.86 per cent. statement that interest rate cut AP CM discusses bifurcation issues with KCR first time in more than a Official data released after isn't start of rate-cut cycle has blessings decade. market hours on Wednesday cut short the excitement of HYDERABAD: Karnataka PNS n HYDERABAD Chief Minister, since he hap- However, Fed Chair Jerome showed that growth of eight investors, as Fed denied to Chief Minister BS Yediyurappa pened to be in Hyderabad Powell said the move was not core industries dropped to 0.2 play to the capital-market- is visiting Telangana for a Andhra Pradesh Chief Minister before leaving on a pilgrimage the beginning of a rate cut per cent in June, mainly due gallery. Ongoing results sea- short personal visit. He arrived Y S Jagan Mohan Reddy visit- to Jerusalem along with his cycle, sending global markets to contraction in oil-related son reflects that there is a in Hyderabad late in the ed Pragathi Bhavan here on family members. lower. In the Sensex pack, sectors as well as cement pro- chance that Nifty companies evening, and is said to be here Thursday to meet Telangana This is the seventh meeting Vedanta took the biggest hit duction. may post de-growth in their to seek the blessings of influ- Chief Minister K between Jagan and KCR, after (5.55 per cent), followed by Additionally, the govern- net profits for the first time," ential religious leader Chinna Chandrasekhar Rao. The the former became the Chief Tata Motors, SBI, Yes Bank, ment's fiscal deficit touched said Jagannadham Jeeyar Swamy. unscheduled meeting lasted Minister of Andhra Pradesh two Bharti Airtel and Infosys, Rs 4.32 lakh crore for the June Thunuguntla, Senior VP and According to OSD to Chief about three hours, creating flut- months ago. Normally, meetings which lost up to 4.50 per cent. quarter, which is 61.4 per Head of Research (Wealth), Minister of Karnataka, the ters in political circles. between Chief Ministers are On the other hand, Maruti, cent of the budget estimate for Centrum Broking Limited. chief minister will halt in The meeting between the scheduled well in advance. Hyderabad for the night and Chief Ministers assumes signif- However, KCR and Jagan have return to Bangalore on Friday. icance in the backdrop of the shown a rare camaraderie Yediyurappa was recently meeting that the Centre has among CMs. Muslim org sworn in as CM of Karnataka convened between the Telugu Jagan led a team of AP min- CBI books cheating case for the fourth time amid dra- states on August 8 in New isters and officials to Pragathi to challenge matic scenes. He changed in Delhi for resolution of pending Andhra Pradesh Chief Minister YS Jaganmohan Reddy being welcomed by Bhavan in the last week of June the spelling of his name to bifurcation-related issues. The Telangana counterpart K Chandrasekhar Rao ahead of a meeting in Hyd on Thursday and held talks with KCR for res- against city-based firm ensure smooth sailing this Chief Secretaries and senior olution of bifurcation-related Triple Talaq time. A fervently devout per- officials from both the states will the Chief Ministers discussed advisor to AP government on issues and sharing of the PNS n HYDERABAD Managing Director, Vakati son, Yediyurappa is said to be attend the meeting. the resolution of pending bifur- public affairs and YSRCP Lok Godavari water. Narayan Reddy, Director and Act in SC seeking blessings of Chinna However, TRS party sources cation-related issues between Sabha member Mithun Reddy. The Union Ministry of Home A case was registered by the CFO Ganji Praveen Kumar PNS n HYDERABAD Jeeyar Swamy to successfully claimed it was only Jagan's AP and Telangana. TRS Rajya Sabha member Affairs has convened a meeting Central Bureau of and former directors R complete a full term as CM. 'courtesy call' and suggested Earlier, Jagan visited the Raj Joginapally Santhosh Kumar between the governments of Investigation (CBI) against Srikanth Reddy, P Mahidhar Hitting out at the BJP-led Talking to The Pioneer, the that no political or administra- Bhavan and met Telangana was also present at the meeting. Telangana and Andhra Pradesh Hyderabad-based VNR Reddy and late M NDA government at the OSD said that the visit was tive significance should be Governor ESL Narasimhan. TRS sources claimed that states on August 8. The meet- Infrastructure Limited, Madhavaiah, apart from Centre over passage of triple purely personal. attached to it. Jagan was accompanied by Jagan wanted to meet both ing will address eight key issues. its Managing Director VNR Infrastructure talaq bill in the Parliament, a However, it is understood that Sajjala Ramakrishna Reddy, Telangana Governor and the Continued on Page 2 as well as director and Limited.