Plan and Policy

Plan & Policy

Separatists condemn TN youth’s death; fears of adverse impact grip J&K tourism

A day after a 22-year-old tourist from Tamil Nadu was killed in stone pelting in Jammu and Kashmir, chief minister K Palaniswami on Tuesday spoke to his counterpart Mehbooba Mufti over the phone and sought her help for the safe return of 130 tourists from his state.

R Thirumaniselvam, a city resident, suffered head injuries after being hit by a stone when a mob went on a rampage near Narbal on the outskirts of Srinagar on Monday. Condoling Tirumaniselvam’s death, Palaniswami announced a solatium of Rs 3 lakh to the next of kin.

Rahul says ready to become PM; BJP says win state polls

For the second time in nine months, Congress president Rahul Gandhi on Tuesday spoke about his prime ministerial aspirations, asserting he was ready for the top post, sparking ridicule from the ruling BJP which said he should first try to win state elections.

“Well, it depends....It depends on how well the Congress does in the election....I mean, if it emerges as the biggest party, yes,” Gandhi said, when asked during an interaction in Bengaluru if he would be the next prime minister after the next Lok Sabha elections.

RBI refuses to ease NPA norm, shocks power sector

Dashing the hopes of 40,000 mw stressed power projects, a top government official on Tuesday said RBI is not in favour of any special forbearance for the sector that would have prevented the loans from being categorised as NPA, triggering a resolution process.

The banking regulator ra­rely makes allowances for sp­ecific sectors and that pr­i­n­ciple will extend to the po­w­er sector as well, power se­c­retary Ajay Kumar Bhalla told BloombergQuint. RBI doesn’t look at sectoral iss­u­es and it’s for the ministry to look at those issues and find a solution, he added.

Online grocery to grow 4-fold to $4b by 2020

Online grocery will grow four-fold by 2020 to become a $4 billion category by 2020. The online grocery space is set to witness the entry of a few key retailers, including Walmart, Flipkart, Future Group and Adani Wilmar.

City gas licensing auction begins

India on Tuesday opened for bidding the biggest city gas distribution licensing round, offering 86 permits for selling CNG and piped cooking gas in 174 districts in 22 states and Union Territories.

As many as 86 geographical areas (GAs), made by clubbing adjacent districts, are on offer in the 9th city gas distribution (CGD) bidding round, according to the petroleum and natural gas regulatory board (PNGRB).

PSUs froze fuel prices to avoid pain to people: IOC

Indian Oil Corporation on Tuesday defended the decision to hold back rise in retail prices of petrol and diesel and said it wanted to “temp­o­rarily moderate” prices to av­oid sharp spikes and panic among consumers. Retail pr­ices would start rising ag­a­in soon if the current trend in international oil prices continued, he added.

AMU: Annual exams postponed; 2 arrested

The Aligarh Muslim University (AMU) on Monday postponed annual examinations in view of the ongoing protests on the campus even as two youths wanted in connection with the violence in the varsity on May 2 were arrested by the police.

The annual examinations will now commence from May 12, AMU vice chancellor Prof Tariq Mansoor said. Prof Mansoor said the university had no intention of further delaying the examination schedule as any such move will jeopardise the career prospects of a large number of students.

Thunderstorm, hail lash north, east

Thunderstorm accompanied by squall and hail is likely to lash large parts of northern and eastern India besides isolated places in the south tomorrow with winds gusting up to 50-70 km per hour, the India meteorological department (IMD) said.

The IMD said, thunderstorm, accompanied by squ­all and hail, was very likely at isolated places over Hima­chal Pradesh and Uttarakhand on Tuesday.