Around the Globe

Around the Globe

'Despite demonetisation, India to grow faster than China'

Indian economy will grow faster than China despite the temporary slowdown created by demonetisation, an Indian-origin academic and former Singapore diplomat said at a conference of leading world universities here today.

"Even if the demonetisation created a slowdown, it is not going to change the long-term momentum of where India is going with its economic growth," said Dean Kishore Mahbubani of the Lee Kuan Yew School of Public Policy at the National University of Singapore.

Goa Assembly polls: ECI to keep an eye on drug peddlers

The Election Commission of India (ECI) has kept a strict watch on drug peddlers in the state to ensure that narcotics does not become a conduit to push in money or lure voters during upcoming Goa polls.

"We have had a meeting with Goa Police's Anti Narcotics Cell and Narcotics Control Bureau (NCB) who are keeping a close watch on drug peddling in the state," Goa’s Chief Electoral Officer Kunal told PTI today.

He said the ECI guidelines have also cautioned the use of narcotics trade to induce voters or circulate money during upcoming state assembly polls.

Demonetisation: Ruling Congress stages protest in Puducherry

Several Congress workers in Puducherry today staged a demonstration outside central government offices here, to protest the "hasty and faulty" decision of the Centre to demonetise high value currency notes.

Addressing agitators outside a nationalised bank in the heart of the town, Puducherry PWD Minister A Namassivayam claimed that the demonetisation scheme had caused "inexplicable havoc to all sections of people and more particularly the workers and the poorer sections."

BSP announces third list of candidates

BSP today announced its third list of candidates for 100 more Assembly seats, with 24 Muslim aspirants getting tickets.

The party has declared nominees for 300 of the 403 assembly seats so far. While BSP's first list of 100 candidates contained names of 36 Muslim candidates, the second and third list have 22 and 24 aspirants respectively from that community.

Muslims account for nearly 20 per cent of the state's electorate and perhaps keeping this in mind, members of that community have been given the weightage.

Pondy BJP scoffs at Congress' criticism of functioning of Bedi

The Puducherry unit of BJP today scoffed at the criticisms made against the functioning of Lt Governor Kiran Bedi, by the ruling Congress here.

President of the local BJP, V Saminathan told PTI today that he had apprised the Union Home Minister Rajnath Singh of the "Excellent work" Kiran Bedi has been doing in Puducherry to ensure a clean administration and to achieve "prosperous Puducherry."

He also said the Congress' demand to the Centre to rein in the Lt Governor "is only an infructuous exercise."

Court reserves order in coal scam case against ex-coal secy Gupta

A special court here has reserved for February 7 its order in a coal scam case against former coal secretary H C Gupta and five others relating to alleged irregularities in allocation of a coal block in Madhya Pradesh to an accused firm.

Special CBI Judge Bharat Parashar reserved its verdict after CBI and the accused, including Gupta, two senior government officials, K S Kropha and K C Samria, firm Kamal Sponge Steel and Power Ltd (KSSPL), its managing director Pawan Kumar Ahluwalia and chartered accountant Amit Goyal, concluded their arguments.

Trai to review tariff rules, numbering plan with telcos

Telecom regulator Trai will soon form a joint committee with telecom operators to review tariff rules, telephone numbering plan and work towards making its monitoring more transparent.

"We will form a committee consisting of Trai officers and telecom operators' representative to suggest which are the provisions that have become obsolete and need to be changed. This includes tariff order, regulations, licensing and others," Trai Chairman RS Sharma told reporters after meeting telecom operators.

SC restrains Aircel-Maxis from transferring 2G licences

The Supreme Court today restrained transfer of 2G licences from Malaysia's Maxis which was originally allotted to Aircel to any other telecom company.

A bench headed by Chief Justice J S Khehar also proposed to restrain earning of any revenue by using the 2G spectrum licences which were originally granted to Aircel in 2006.

Tata Sons calls EGM on Feb 6 to oust Mistry as Director

After ousting him as Chairman, Tata Sons has called a shareholders' meeting on February 6 to remove Cyrus Mistry as director of the holding company of the USD 103-billion Tata Group.

Tata Sons had abruptly removed Mistry as its Chairman on October 24 and sought his ouster from operating companies like Tata Motors and TCS. Mistry subsequently resigned from the board of six companies, but dragged Tata Sons and his interim successor Ratan Tata to the National Company Law Tribunal.

SC refuses urgent hearing on plea to put off Union Budget

The Supreme Court today refused an urgent hearing on a plea seeking postponement of presentation of Union Budget due to assembly elections in five states.

"There is no urgency in it. We will lay down the law when this petition comes up," a bench headed by Chief Justice J S Khehar said.

Advocate M L Sharma, who filed the PIL on the issue, mentioned it and sought an urgent hearing.

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