Plan and Policy

Plan & Policy

Another accused surfaces in video

A day after a Bajrang Dal activist appeared in a video claiming innocence in the Bulandshahr mob violence, another man wanted by police has surfaced in a similar manner.

In the video, local BJP leader Shikhar Agarwal, who is also named in the FIR, is heard blaming slain police inspector Subodh Kumar Singh for the violence which erupted around a police post over alleged cow slaughter.

Inspector Singh and 20-year-old Sumit Kumar were killed as a mob, which included right-wing activists, clashed with the police.

BJP linking Michel with us is ‘pot calling kettle black’: Cong

The BJP on Thursday  raked up expulsion of Youth Congress leader and lawyer Aljo K Joseph from the Congress for appearing in a court here for Michel, who was extradited from Dubai on Tuesday for allegedly being the middleman in the UPA era Rs 3,600 crore VVIP helicopter deal.

BJP spokesperson Sambit Patra said the Congress may have expelled Joseph but he remains a lawyer for the accused as “10 Janpath”, the residence of UPA chairperson Sonia Gandhi, wants its own people to be in touch with Michel.

Rumblings of discontent: Bahraich MP Savitribai Phule quits BJP

BJP MP Savitribai Phule resigned from the primary membership of the party on Thursday, saying the party was playing “divisive politics” and was misusing money to construct temples and statues. The Dalit MP from Bahraich, Uttar Pradesh, who has long been critical of the party’s leadership and resigned from the party on the 62nd death anniversary of BR Ambedkar, said she wants to get the Constitution implemented in letter and spirit.

Govt must make policy corrections to support realty sector: CREDAI

The real estate industry apex body, CREDAI said the government has to make a few policy corrections to support and sustain the growth and development of realty sector across the country.

In view of real estate being subject to both GST and stamp duties, the rate of GST on real estate which stands at 12 per cent, needs to be reduced to 8 per cent across all segments and not just for houses of up to 60 square meters, said CREDAI in its list of recommendations.

India to pay in rupee for Iran oil

India will settle oil contracts with Iran in rupee and the Persian Gulf nation will use half of these funds for making payments for Indian goods exported to Tehran, industry sources involved in the discussions on new payment mechanism said on Thursday.

A memorandum of understanding (MoU) in this regard has already been signed between the two countries last month. The MoU follows US decision to let India and seven other nations to keep buying Iranian oil despite sanctions on the Islamic state that became effective from November 5.

Facebook makes it must for advertisers to disclose identity, location

In a bid to bring transparency in political advertisements in the run-up to 2019 general elections, Facebook on Thursday made it compulsory for advertisers to disclose their identity and location before any such advertisement material can be run on the popular social media platform and Instagram.

Beginning early next year, Facebook will also start showing a disclaimer on all political advertisements by providing details of those placing the advertisements.

5G rollout expected by 2022: Trai secy

The telecom sector will move to 5G by 2022 and access to digital platform will become highly advanced in the next five years, Trai secretary S K Gupta said on Thursday.

He also said the use of art­i­ficial intelligence and big da­ta analytics is going to mo­d­i­fy the consumer behavio­ur. Gupta further said there has been a dramatic ch­ange in media industry la­n­dscape and adoption of new technology will be key to success.

Rupee seen weakening to 75 against dollar by December 2019

Fitch Ratings on Thursday projected rupee to fall to 75 to a dollar by end of 2019, on widening of current account deficit and tighter global financing.

The Indian rupee is currently trading at a two-week low level, hovering around 71 to a US dollar.

In its global economic outlook, Fitch said it expects inflation to edge up mildly in the coming months, on normalising food prices and higher import prices stemming from the depreciation of the rupee.