 "Hyundai India’s Rs 27,870 crore IPO oversubscribed by 2.28X, largely driven by institutional investors")
 "How Indian fintech startups are driving Malaysia’s UPI-like digital payments revolution")
Ruling NDA ally Shiv Sena joined Opposition in picking holes in demonetisation decision of the government which was also slammed by Congress and several other parties over various other steps like surgical strikes and fund allocation for MNREGA, agriculture sector and Scheduled Castes. During the day-long debate on Motion of Thanks to the President’s Address in both Lok Sabha and Rajya Sabha, the opposition parties, including Trinamool Congress, Left, RJD, said the government had failed on all fronts despite which it is trying to “fool” the people. In the Lok Sabha, Leader of Congress Mallikarjun Kharge repeatedly targeted Prime Minister Narendra Modi who was present and said he should apologise to the nation for the demonetisation decision which caused a “lot of troubles” to all sections of the people. The government, on the other hand, asserted that the schemes and programmes initiated by it had been a success. Minister Mahesh Sharma, who initiated the debate, said the entire nation had stood with Modi on the “bold” decision aimed at curbing black money, ending corruption and choking funds to terrorism. He said the Opposition chose to be with the corrupt people by criticising demonetisation. The government faced attack from ally Shiv Sena, whose leader Anand Rao Adsul, echoing the opposition contention, said even RBI Governor Urjit Patel and Finance Minister Arun Jaitley had not been taken into confidence while deciding on demonetisation. He said the government should have called an all-party meeting a day after the announcement of demonetisation to take everyone’s views and seek support for the move. He countered the government’s view that normalcy has been restored in cash circulation, saying crunch still exists in villages. “You had said after 50 days things will be normal. It has already been 90 days and there is still not enough currency in rural areas. Farmers have to sell their produce at half a price…District Cooperative banks do not have money to lend… What name can we give it? Is it democracy or dictatorship,” Adsul said. “I say this out of pain, I don’t appreciate just for the sake for appreciating,” the Sena leader said. [caption id=“attachment_3269256” align=“alignleft” width=“380”] Representational image. PTI[/caption] Kharge, while peppering his 90-minute speech with witty digs at the Prime Minister and BJP, said the government was misleading the countrymen by claiming that the nation is progressing fast. “You can fool some of the people for some time, but you cannot fool all the people all the time,” he said quoting Abraham Lincoln and added, “There is failure on all fronts. So what are you talking about?” Referring to the decisions on demonetisation, digitisation and surgical strikes and programmes for farmers, backward castes, employment creation, Swacch Bharat and ‘Beti Bachao, Beti Padhao’, Kharge asked, “Is the government running properly? Or is just a jumla (slogan)?” Taking a dig at Modi, he said, “woh bhashan mein tez hain, bolne mein tez hain, par bhashan se pet nahi bharta (he is great in delivering speeches but speeches do not feed people).” Talking about demonetisation, Kharge said, “All the economists have said the decision to ban notes was bad. What steps did the government take before rolling out the plan?” Kharge, who insisted that his party was willing to have a debate on demonetisation even during the last Winter session of Parliament which was a washout, said the decision to scrap old notes had hit all sections, particularly farmers and the unorganised sector. He said 125 people lost their lives in the aftermath of this decision. “The Prime Minister did not even say anything on this. The least he should have done was to introduce a resolution to condole the deaths or should have said that he wants to apologise to the people due to the hardships caused to them,” Kharge said in his speech which was punctuated by poetry. Kharge claimed that the decision to declare old notes of Rs 500 and Rs 1000 as null and void was taken by the Prime Minister alone, without taking into confidence even taking his cabinet, Finance Minister Arun Jaitley and Chief Economic Advisor Arvind Subramanian. “It all happened in 24 hours — RBI meeting, Cabinet meeting and the Prime Minister’s announcement,” he said, referring to the demonetisation decision of 8 November last year. “At night (of 8 November), the Prime Minister declared that Rs 500 and Rs 1000 are just a piece of paper which has no value. There was panic among people. Imagine what message it would have sent to the people and foreign countries,” he said. He suggested that the demonetisation decision was thrust upon the RBI, saying the central bank did what it was told by the government. He claimed that only two of 10 Directors of RBI were present at a meeting which decided in favour of demonetisation. At this, Parliamentary Affairs Minister Ananth Kumar raised a point of order. He said Kharge had made “baseless allegations” as he has not referred to any documents and not substantiated anything. “He (Kharge) was allowed to speak on all those things. Everything should be expunged. He should speak with authenticated documents and not mislead the House,” he said. Questioning what the government had achieved by abruptly removing 86.5 percent of currency in circulation, Kharge said economists have opined that there were better ways to end black money. “In no other country, there would be a situation where you can’t access your own money in banks…. People are still facing trouble. Farmers, small traders, construction workers, all are affected,” the Congress leader said. He said the government should have made proper preparations before taking the demonetisation decision by making the replacement currency available. “You (government) did it without any preparation. The economic situation has been affected and growth has been hurt. It is not me who is saying so but big economists are saying so,” he said. He referred to the government’s contention that demonetisation was to curb black money, fake currency, corruption and terror funding. “Did black money end? Did fake currency come out?… I want to ask how much black money has been unearthed.” He also alleged that the note-ban decision was “leaked” to people and industrialists close to the government and BJP leaders bought vast tracts of land before the decision was announced. Trinamool member Saugata Roy described the President’s address as “half truth” and “cruel” and said it did not mention a word about 150 people who died while standing in queue following demonetisation. Demonetisation is “the most senseless, cruel and heartless step taken by any government in the past 70 years,” he said, adding it is common knowledge that only 6 percent of the black money is kept in cash while the rest in property, gold and other assets. In the Rajya Sabha, Congress leader Rajeev Sukla said small traders, farmers and unorganised sector workers have been hit very hard by demonetisation. Noting that the manufacturing sector has also been hit hard, he said alluded to ‘inspector raj’ and said “on top of it, the government has ensured that one “inspector is put behind each manufacturer. If they (manufacturers) are running away, how will you provide jobs.” Observing that the President’s address had referred to the cross-border surgical strike, he said three such operations were carried out during the Congress-led rule which were spoken about only by a former Army chief and the Foreign Office. Shukla’s contentions received support from other Opposition members, including Sanjay Seth (SP) and Sharad Yadav (JD-U). With inputs from agencies
Parliament LIVE: Rajya Sabha adjourned as Opposition demands apology from Narendra Modi
The Budget Session will probably not be smooth for the Narendra Modi government.
 "Parliament LIVE: Rajya Sabha adjourned as Opposition demands apology from Narendra Modi")
Rajya Sabha adjourns sine die
Rajya Sabha adjourned sine die
— ANI (@ANI) April 12, 2017
Opposition and ruling united over bounty row on Mamata Banerjee’s head
The Lok Sabha on Wednesday condemned a BJP youth wing leader’s offer for a bounty of Rs 11 lakh to anyone who beheads West Bengal Chief Minister Mamata Banerjee.
Raising the issue soon after the House assembled to take up the day’s business, TMC member Saugata Roy said a BJP youth wing leader had made the “announcement” of giving the reward for beheading Banerjee, after police resorted to lathicharge in Birbhum district to disperse a rally during Hanuman Jayanti. “Mamata Banerjee is not only an elected chief minister but a former member of this House too. It is a serious and alarming behaviour and the House must condemn it. She is a grassroot leader and government must take action on it,” he said.
Lok Sabha adjourned sine die
— ANI (@ANI) April 12, 2017
First leg of Budget Session productive: LS functioned for 113%, Rajya Sabha for 97%
The first part of the Budget Session was very productive as Lok Sabha functioned 113 percent while Rajya Sabha 97 percent. The productivity in the second half of the budget session till now for Lok Sabha and Rajya Sabha has been 112 percent and 87 percent.
The Companies (Amendment) Bill, 2016 and The Repealing and Amending Bill, 2017 is scheduled for consideration and passage in Lok Sabha today.
MPs create ruckus in Parliament
The matter echoed on in the Parliament on Wednesday as TMC leaders raised the issue in Rajya Sabha, which garnered support from other parties as well. Samajwadi Party Rajya Sabha MP Jaya Bacchan expressed anguish on the BJP leader’s remark, stating that the BJP was keen on protecting cows but not women.
TMC’s Saugata Roy also strongly condemned the BJP leader’s statement urging strong action against people who make such provocations. Meanwhile, BJP has distanced itslef from Varshney’s comments, stating that the West Bengal state government is free to take action against him.
Last day of Budget Session – here’s a quick recap of the session
Today is the last day of the Budget Session of Parliament. The first half of the session was held from 31 January to 9 February and after a month-long recess the second half of the session began on 9 March. During the session till now, the Lok Sabha has passed 21 bills and the Rajya Sabha 14 bills. They include the Enemy Property (Amendment and Validation) Bill, The Mental Health Care Bill, The Maternity Benefits (Amendment) Bill, The Payment of Wages (Amendment) Bill, 2017 and the crucial four supporting bills for the roll out of the Goods and Services Tax.
Scrapping a colonial-era tradition of presenting the Budget at the end of February, for the first time in the history of Independent India, the Government presented the annual accounts on 1 February. Prime Minister Narendra Modi on Tuesday described the Budget Session as a winner for the treasury benches. He said, the government was able to secure passage of many key bills in the Parliament.
The Repealing and Amending Bill, 2017 also listed in LS for passage today.
— PRS Legislative (@PRSLegislative) April 12, 2017
The Repealing and Amending Bill, 2017 also listed in LS for passage today.
— PRS Legislative (@PRSLegislative) April 12, 2017
BJP leaders distance themselves from Yogesh Varshney’s comment
BJP leader Mukhtar Abbas Naqvi disowned Varshney’s comment, saying: “I condemn this type of statement. The state government can take proper action.” BJYM leader Varshney issued the outrageous threat while hitting out at Mamata over police action on a rally held on Sunday to mark Hanuman Jayanti in Birbhum district.
Alleging that people were beaten up brutally by the police, Varshney described Mamata as a “demon” and said, “When I saw the video, I only had one thought… that if anyone gets me Mamata Banerjee’s head I will give them 11 lakh.”
Last leg of budget session favourable for BJP govt
The second half of the budget session of Parliament, which ends on Wednesday, has been favourable to the ruling NDA, which not only managed to push its economic reforms agenda but also put up a united front. Prime Minister Narendra Modi on Tuesday told the parliamentary party of the BJP that the session was a victory for the Union government.
Actor and MP Jaya Bachchan, along with BJP leader from Bengal Rupa Ganguly, reacting sharply to the comments against Mamata
Must take steps for protection of women aggressively. You are protecting cows but atrocities being commited on women-Jaya Bachchan, SP in RS pic.twitter.com/ES3sx5AHhW
— ANI (@ANI) April 12, 2017
Bounty announced for Mamata; Rajya Sabha slams BJYM leader Yogesh Varshney
After a day of ruckus in Parliament over the “illegal” death penalty given to former Indian Navy officer Kulbhushan Jadhav, MPs in Rajya Sabha were up in arms after a Bharatiya Janata Yuva Morcha (BJYM) leader announced a reward of Rs 11 lakh to whoever who beheads West Bengal Chief Minister Mamata Banerjee and gets her head.
The remark, which came shortly after a lathicharge which happened at Birbhum district to disperse a rally raising slogans of “Jai Sri Ram” on Hanuman Jayanti, recieved a lot of flak and criticism.
BJYM leader Yogesh Varshney told ANI, “Those who will cut and bring West Bengal Chief Minister Mamata Banerjee head, I will give that person Rs.11 lakh. Mamata Banerjee never allows Saraswati Puja, fairs during Ram Navami and during Hanuman Jayanti procession, people were lathi charged and brutally beaten up. She organizes Iftar party and always supports Muslims.”
Here’s what Mukhtar Abbas Naqvi said about the Alwar incident in Rajya Sabha
“Hamare desh mein yeh message nahi jana chahiye ki hum yeh hatya ko samarthan kar raha hai… issliye it is a very sensitive issue.. crore logo ke bhavnao se judha hua mudha hai.. hamara aisa koi message nahi jana chahiye ki hum hatiya ke samarthan mein khade hue hai (This issue is a very sensitive issue. There should be no indication or message that we are backing those who are violent. It’s an emotional issue for crores of people.) Issliye jis particular state ki barein mein jo baat kar rahe hai, us tarah ki koi bhi ghatna, jis tarah ki ghatna pesh ki ja rahi hai, aise koi ghatna zameen par nahi hui hai. Jis media report ki barein mein bat ki ja rahi hai, us state ki sarkar ne pehle hi condemn kiya hai. (No such incident, as being reported, has taken place on the ground. The media report which are being cited, the concerned state government has already condemned.)"
Version of Alwar incident reported by media is untrue: Naqvi in Rajya Sabha
Dismissing the version of events of the killing of a Muslim man by cow vigilante groups in Rajasthan’s Alwar amid growing uproar over the alleged murder, Union Minister Mukhtar Abbas Naqvi on Thursday said, “Jis tarah ki ghatna pesh ki ja rahi hai, us tarah ki ghatna zameen par hua nehi (The version of events presented didn’t occur).”
Naqvi was addressing the Rajya Sabha amid an uproar over the Alwar incident. As a united Opposition slammed the government for doing nothing against rogue groups thrashing people on the pretext of cow protection, Naqvi said, “This issue is a very sensitive issue. The message should not go from the House that we are supporting cow slaughter. Millions of people’s sentiments are involved in the issue.”
Jis tarah ki ghatna pesh ki ja rahi hai, aisi koi ghatna zameen par nahi hui hai: Mukhtar Abbas Naqvi in RS on Rajasthan's Alwar incident pic.twitter.com/ZqrUBwdwP1
— ANI (@ANI) April 6, 2017
Congress slams Union minister Mukhtar Abbas Naqvi for denying Alwar lynching
Speaking in the Rajya Sabha, Union minister Mukhtar Abbas Naqvi denied that any lynching had taken place in Rajasthan’s Alwar. Reacting to this, Leader of Opposition, Ghulam Nabi Azad said that even the New York Times had carried a report on the lynching.
Rahul Gandhi blames PM Modi, RSS for rising intolerance
Anybody who doesn't listen to & agree with Narendra Modi and RSS has no place in India, that's their vision: Rahul Gandhi on Alwar incident pic.twitter.com/QpjYBeaM7p
— ANI (@ANI) April 6, 2017
Ravindra Gaikwad compares himself to Mahatma Gandhi
The Shiv Sena MP says Airlines imposing travel ban on him is like Mahatma Gandhi being thrown out of train in South Africa.
Not censuring Ravindra Gaikwad for unruly behaviour an opportunity lost
It is indeed sad that the conduct of this elected representative is just another passing news shower. Everyone seems happy that airlines have banned him from flying, a minor inconvenience that will melt away in a few days. In no way does it highlight the frequent high-handedness by VIPs in India where aviation is concerned — nobody said ’enough is enough now, put on your seatbelt and shut up!'
Read more here.
Shiv Sena MPs allegedly threatened to stop flights from Mumbai
Also heard amidst din during argument between BJP and Shiv Sena leaders "won't let airlines fly from Mumbai": Sources
— ANI (@ANI) April 6, 2017
Shiv Sena MP Anant Geete, other party MPs heckle Civil Aviation Ashok Gajapati Raju
The scenes turned ugly in the Lok Sabha as Shiv Sena MPs tried to gherao the minister. However, Home Minister Rajnath Singh and other ministers came to Raju’s rescue.
Ravindra Gaikwad’s defence over the Air India ruckus
Shiv Sena MP says that he had no altercation with the AI staff. According to his version of the story, he had booked a seat in business class but was made to sit in economy class.
Hear his defence here.
Sena MP Ravindra Gaikwad plays victim and accuses AI employee of saying that 'you may be an MP but you're not PM' pic.twitter.com/7ND5RmwkxU
— News18 (@CNNnews18) April 6, 2017
Ravindra Gaikwad’s defence over the Air India ruckus
Shiv Sena MP says that he had no altercation with the AI staff. According to his version of the story, he had booked a seat in business class but was made to sit in economy class.
Hear his defence here.
Sena MP Ravindra Gaikwad plays victim and accuses AI employee of saying that 'you may be an MP but you're not PM' pic.twitter.com/7ND5RmwkxU
— News18 (@CNNnews18) April 6, 2017
Congress vice-president Rahul Gandhi on Alwar lynching
Shocking breakdown of law & order in Alwar, expect Govt to take strict action against those responsible, tweets Rahul Gandhi pic.twitter.com/boMk2bYFfU
— ANI (@ANI) April 6, 2017
Gaikwad remains defiant
I apologise to the Parliament if I’ve caused any hurt, but not to the Air India official: Ravindra Gaikwad,Shiv Sena MP in Lok Sabha.
AI staff caught me by collar: Gaikwad
Ravindra Gaikwad says that the Air India staff assaulted him. He says that the officials of the airline caught him by his collar and his reaction was in defence.
Ravindra Gaikwad pleads his innocence
Maine kya gunaah kiya? Mera kya apraadh hai ki jaanch ke bina media trial ho raha hai?: Ravindra Gaikwad,Shiv Sena MP in Lok Sabha
— ANI (@ANI) April 6, 2017
Watch Ravindra Gaikwad speaking in Lok Sabha
#WATCH Live: Shiv Sena MP Ravindra Gaikwad speaking in Lok Sabha https://t.co/7cYNiIVwSQ
— ANI (@ANI) April 6, 2017
Shiv Sena MP Ravindra Gaikwad speaks on AIr India issue
Gaikwad began by saying that the airline staff treated him badly. He also added that he must get justice from the Speaker of the Lok Sabha. Gaikwad blames media for launching a trial against him.
Rajnath Singh on Alwar Lynching
Rajnath Singh says that the Rajasthan government has taken cognisance of the case and that a FIR has been filed on the issue and people have been arrested.
Alwar lynching rocks Rajya Sabha
After the man lynched in Alwar died on Wednesday, the Congress party asked for a discussion on the issue. Mallikarjun Kharge says that the Rajasthan Government failed to act on the issue. He added that this was the fifth such incident in Rajasthan.
We are seeing history in the making: Jaitley on Lok Sabha passing GST bill
We are virtually seeing history in the making because we are now going to be transforming into a new system of indirect taxation: FM Jaitley pic.twitter.com/q2Mp7QeZKg
— ANI (@ANI) March 29, 2017
#GSTbill passed in Lok Sabha! A historic bill! For the first time, a federal institution has been created in the form of a #GST council. pic.twitter.com/GogDE2JVUf
— Col Rajyavardhan Rathore (@Ra_THORe) March 29, 2017
PM Narendra Modi hails passage of GST bill
GST बिल पास होने पर सभी देशवासियों को बधाई | नया साल, नया कानून, नया भारत!
— Narendra Modi (@narendramodi) March 29, 2017
Jaitley concludes govt stand on new tax regime, requests House to pass it as is
Arun Jaitley said that the government has strived to ensure that the GST council is representatve of everybody’s interest and the body debating the draft of the bill also included representatives from each state.
“Council will be a permanent body with a political complexion that accommodates everyone and has representatives from every state. Therefore I request the House to pass the bill unanimously drafted by a representative council as is,” Jaitley said.
No tax on agriculture under GST regime: Jaitley
Jaitley sought to reassure the Lok Sabha on the changing tax regime as far as foodgrains are concered. The finance minister said that Agriculture as and industry and foodgrain have always remained exempt from taxes and they always will.
Arun Jaitley says no precedent of a taxation bill not being a money bill
“This law seeks to replace the Central Excise law, Service Tax law etc and consolidates them into one. So here is a taxation law that alters the tax regime and replaces existing tax laws then how come it won’t be a money bill,” Jaitley asked.
He said he was ready to sit and wait for the Opposition to point out even one precedent when a taxation bill has not been treated as a money bill.
Watch: Arun Jaitley respond to Oppn in Lok Sabha
WATCH: FM Arun Jaitley speaking on GST bill in Lok Sabha https://t.co/b7rnBPkGKn
— ANI (@ANI) March 29, 2017
Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions
Chennai leads India in challan checks, with drivers checking their e-challans over 5 times a month on average. Helmet non-compliance is the most broken rule, accounting for 34.8% of all traffic offences in Chennai. Regular digital challan checks help drivers avoid hefty fines, promote safe driving, and improve insurance premiums.
More Impact Shorts "US ready to ‘impose costs’ on Russia if war in Ukraine drags on, says Hegseth")
 "US tells Hamas to stop violence against Gaza civilians and disarm 'without delay'")
 "China seizes 60,000 maps mislabelling Taiwan, omitting South China Sea islands")
 "Syria’s Sharaa pledges to honor Russia ties, seeks economic and military support in Kremlin visit")
 "US ready to ‘impose costs’ on Russia if war in Ukraine drags on, says Hegseth")
 "US tells Hamas to stop violence against Gaza civilians and disarm 'without delay'")
 "China seizes 60,000 maps mislabelling Taiwan, omitting South China Sea islands")
 "Syria’s Sharaa pledges to honor Russia ties, seeks economic and military support in Kremlin visit")
Top Shows
