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Sunday, December 29, 2024

Man Dies In Police Station While Recording Statement, Family Alleges Murder

The death of a 35-year-old Dalit man inside a police station in Madhya Pradesh's Dewas district triggered protests from his family, who alleged murder. The Congress, on Sunday, also slammed the Mohan Yadav-led BJP government for what they termed "jungle raj" in the state.

Mukesh Longre died on Saturday after being called to the Satwas police station here for questioning in a complaint submitted against him by a woman on December 26, Superintendent of Police Puneet Gehlot said.

"While inspector Ashish Rajput was reading his statement, Longre made a noose around his neck with a gamcha (towel), tied it to a window grill in the lock-up and began yanking his neck. Police stopped him and rushed him to a hospital where doctors declared him dead," the SP said.

"There is no case against him. He was just called to record his statement. Judicial Magistrate First Class (JMFC) Nandani Uikey is conducting an inquiry into the death. The JMFC visited the spot this morning. The district magistrate has appointed three doctors to oversee the post-mortem process," Mr Gehlot added.

Mr Gehlot said inspector Ashish Rajput has been suspended, while all other procedures laid down under Bharatiya Nyaya Sanhita as well as National Human Rights Commission guidelines are being followed fully.

"Some politicians have hijacked the issue, due to which his kin have refused to allow post mortem till the entire staff of the police station is suspended. This is an irrational demand. We have already suspended the inspector since the death took place while he was in charge," Mr Gehlot said.

Meanwhile, Longre's family alleged police demanded a bribe to lessen the severity of action against him in connection with the woman's complaint, adding the staff later told them he had died.

Amid a protest outside the police station that began on Saturday and continued on Sunday, Longre's relatives accused police of murdering him.

Attacking Chief Minister Mohan Yadav, who also holds the home portfolio, the Congress held a protest outside Satwas police station on Sunday, which was attended by the party's state unit chief Jitu Patwari.

"Jungle raj is prevailing in MP. A Dalit man was murdered inside a police station. Chief Minister Mohan Yadav must take full responsibility for this incident," Mr Patwari said.

Mr Patwari's colleague and former Union minister Arun Yadav demanded suspension of the entire staff of Satwas police station.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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साल 2024 : शेयर बाजारों के लिए काफी उतार-चढ़ाव वाला वर्ष, पर लगातार नौवें साल दिया ‘रिटर्न’

‘दलाल स्ट्रीट' के लिए 2024 का साल काफी उतार-चढ़ाव वाला रहा है. साल के दौरान जहां भारतीय शेयर बाजारों ने कई बार रिकॉर्ड बनाया, वहीं दूसरी ओर उसे बीच-बीच बड़े नुकसान का भी सामना करना पड़ा. हालांकि, इसके बावजूद घरेलू कोषों के प्रवाह तथा मजबूत वृहद परिदृश्य की वजह से स्थानीय शेयरों ने साल के दौरान निवेशकों को सकारात्मक प्रतिफल (Return) दिया है.

मोतीलाल ओसवाल वेल्थ मैनेजमेंट ने एक नोट में कहा है कि साल की पहली छमाही में कंपनियों के मजबूत वित्तीय नतीजों, घरेलू कोषों के प्रवाह में उछाल और मजबूत वृहद परिदृश्य की वजह से निफ्टी सितंबर, 2024 में 26,277.35 अंक के सर्वकालिक उच्चस्तर पर पहुंचा गया था.

नोट में कहा गया, ‘‘पिछले दो माह में बाजार अपने सर्वकालिक उच्चस्तर से नीचे आ गया है. यह 2020 में कोविड-19 महामारी के बाद तीसरी बड़ी गिरावट थी. इसकी मुख्य वजह घरेलू और वैश्विक कारकों की वजह से विदेशी संस्थागत निवेशकों (FII) की जबर्दस्त बिकवाली है.''

इस साल 27 दिसंबर तक बीएसई का 30 शेयरों वाला सेंसेक्स 6,458.81 अंक या 8.94 प्रतिशत चढ़ा है. वहीं नेशनल स्टॉक एक्सचेंज के निफ्टी में 2,082 अंक या 9.58 प्रतिशत का उछाल आया है. यह साल काफी घटनाक्रमों का रहा. साल के दौरान भारत में आम चुनाव के अलावा अमेरिका में राष्ट्रपति चुनाव मुख्य घटनाक्रम रहे.

इसके अलावा शेयर बाजारों पर दो प्रमुख भू-राजनीतिक घटनाक्रमों...इजरायल-ईरान संघर्ष और रूस-यूक्रेन युद्ध का भी असर पड़ा.

वर्ष 2024 में तेजड़ियों और मंदड़ियों के बीच काफी संघर्ष देखने को मिला. वैश्विक वृहद आर्थिक आंकड़ों और भू-राजनीतिक तनाव ने बाजार को काफी प्रभावित किया, जिसकी वजह से बाजार में लगातार उतार-चढ़ाव देखने को मिला. हालांकि, दुनियाभर में अनिश्चितताओं के बावजूद भारतीय बाजारों ने काफी हद तक दबाव के बीच अच्छा प्रदर्शन किया और निवेशकों को बेहतर रिटर्न दिया.

मेहता इक्विटीज लिमिटेड के वरिष्ठ उपाध्यक्ष शोध-अनुसंधान विश्लेषक प्रशांत तापसे ने कहा, ‘‘यह मूल्यांकन में उछाल का साल भी था, जिसने भारतीय बाजारों को दुनिया में सबसे महंगा बना दिया. बाजार में अतिरिक्त तरलता ने मूल्यांकन को ऊंचाई पर पहुंचा दिया जिसकी वजह से अंतत: ‘करेक्शन' देखने को मिला.

बीएसई का 30 शेयरों वाला सेंसेक्स इस साल 27 सितंबर को 85,978.25 के अपने रिकॉर्ड स्तर पर पहुंचा था. उसी दिन निफ्टी ने भी अपने 26,277.35 अंक के सर्वकालिक उच्चस्तर को छुआ था. 2024 लगातार नौवां साल रहा है जबकि स्थानीय शेयर बाजारों ने निवेशकों को सकारात्मक रिटर्न दिया है. इस दौरान छोटी और मझोली कंपनियों के शेयरों का प्रदर्शन बड़ी कंपनियों से बेहतर रहा. यही वजह है कि मिडकैप और स्मॉलकैप शेयरों ने निवेशकों को ‘लार्जकैप' की तुलना में अधिक रिटर्न दिया है.

स्वस्तिका इन्वेस्टमार्ट लि के शोध प्रमुख संतोष मीणा ने कहा, ‘‘हालांकि, निफ्टी और सेंसेक्स का प्रदर्शन अन्य देशों विशेषरूप से अमेरिका के बाजारों से कमजोर रहा है. इस खराब प्रदर्शन की वजह विदेशी संस्थागत निवेशकों (FII) की जबर्दस्त बिकवाली है.''

सितंबर के अपने सर्वकालिक उच्चस्तर से सेंसेक्स 8.46 प्रतिशत नीचे आ चुका है. वहीं, निफ्टी रिकॉर्ड स्तर से 9.37 प्रतिशत टूट चुका है.

अकेले अक्टूबर में सेंसेक्स 4,910.72 अंक या 5.82 प्रतिशत नीचे आया था. इसी महीने निफ्टी में 1,605.5 अंक या 6.22 प्रतिशत की गिरावट आई थी.

दिसंबर में अब तक सेंसेक्स 1,103.72 अंक या 1.38 प्रतिशत नीचे आया है. अक्टूबर में एफआईआई ने भारतीय बाजारों से 94,017 करोड़ रुपये की निकासी की थी.

बीते साल यानी 2023 में सेंसेक्स 11,399.52 अंक या 18.73 प्रतिशत चढ़ा था. वहीं निफ्टी 3,626.1 अंक या 20 प्रतिशत के लाभ में रहा था.



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Saturday, December 28, 2024

5 Workers Injured In Transmission Tower Collapse In UP's Prayagraj

Five workers were injured when a 400-kilowatt transmission line tower collapsed here on Saturday, officials said.

ACP (Tharwai) Chandrapal Singh said that on Saturday, some electric work was underway on a 400-kilowatt transmission line connecting Bengal to Delhi in the Sahason area under Tharwai police station.

In the same sequence, while pulling the wire, a tower suddenly fell on the workers and injured them, the ACP said.

The police reached the spot and rushed the injured workers to a hospital. Two of them were discharged after receiving first aid, while three were seriously injured and were referred to SRN Hospital in Prayagraj, ACP said.

Further investigation into the matter is underway, he added.

Meanwhile, Deputy Commissioner of Police (Ganganagar) Kuldeep Gunawat clarified that the incident took place in a rural area, far from the city and is not related to the Maha Kumbh preparations.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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Dharavi Redevelopment Project Private Ltd Renamed Navbharat Mega Developers Private Ltd

Dharavi Redevelopment Project Private Ltd (DRPPL) has rebranded itself as Navbharat Mega Developers Private Ltd (NMDPL) - matching with the company's promise of building a modern, inclusive and vibrant community, it was announced on Saturday.

The initiative is not just to change the name DRPPL but also to avoid being mistaken for the government authority in the same space, which is DRP (Dharavi Redevelopment Authority), the special planning authority of the state government dealing with Dharavi's redevelopment.

"The role of the Maharashtra Government remains unchanged and DRP continues to be the supervising authority for the ambitious project," said the company.

The name Navbharat Mega Developers is rooted in the company's commitment to growth, change and hope, and the rebranding exercise that has received the affirmation of its Board of Directors and the Ministry of Corporate Affairs.

NMDPL is a special purpose vehicle (SPV) formed as a joint venture between the Maharashtra government and the Adani Group.

"This change reflects the company's fresh outlook and obligation to creating a broader and brighter future for everyone associated with or beneficiary of the gigantic and historic task of rehabilitating slums across the nation," said NMDPL.

The name Navbharat, which means "New India," reflects the massive potential this project holds in shaping a better tomorrow.

On the other hand, Mega highlights the sheer scale and impact of the work being undertaken, while Developers points to the role the company intends to play in building a thriving community.

"As India works towards its ambitious goal of becoming slum-free, Dharavi's redevelopment is a crucial step in that direction. With this new name, NMDPL is reaffirming its pledge to the national cause," it noted.

The Dharavi Redevelopment Project is unique because there will be no financial burden on the residents. The state government has decided to provide free housing to eligible residents of Dharavi.

Additionally, the government is committed to offering affordable housing to ineligible residents under the Pradhan Mantri Awas Yojana or through a hire-purchase scheme - all designed to offer maximum benefits at the most affordable rates.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.)



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Friday, December 27, 2024

Manmohan Singh, Professor Who Left A Mark On DU's School Of Economics

In the corridors of the Delhi School of Economics (DSE), where ideas often find shape and future leaders are quietly moulded, the memories of former prime minister Manmohan Singh remain deeply etched.

Long before he became the architect of India's economic liberalisation and later, its prime minister, Mr Singh was a professor at the DSE, nurturing minds with the clarity and grace that would go on to define his public life.

The DSE community is in mourning following the death of Mr Singh, who died at the All India Institute of Medical Sciences (AIIMS) in Delhi on Thursday at the age of 92.

The institution remembers him not just as a celebrated economist and statesman but as one of its own -- a mentor, a colleague and an honorary professor.

"The DSE fraternity is saddened at the passing away of former prime minister and a highly distinguished DSE fraternity member, Dr Manmohan Singh. He served as a professor at the Delhi School of Economics from 1969 to 1971.

"In 1971, he left the DSE only to work as an advisor to the Ministry of Foreign Trade and the chief economic advisor to the Ministry of Finance and in various other senior positions, such as the finance minister and later, as the prime minister. He was the chief architect of the 1991 reforms that set our economy on a fast growth path. As the prime minister, he positioned India as an important player in the emerging geopolitical order," Ram Singh, director of the DSE, told PTI.

Reflecting on his memories of the former prime minister, his former colleague and a member of the Centre for Development Economics, Om Prakash, said, "I had the proud privilege of being a colleague of Professor Manmohan Singh at the DSE in the early 1970s. I found him to be an extremely helpful and kind man, always willing to help his younger colleagues." 

"Even after he left the department, he was always available to help you in whichever way he could. I will always remember him as a gentleman and an extraordinarily kind person," he added.

Mr Singh's connection with the DSE endured for long after he left the institute. He served as an honorary professor at the Centre for Development Economics and frequently engaged with the school, whether as a guest speaker or as a source of quiet encouragement.

In 2006, two years after becoming the prime minister, he visited the DSE and awarded the toppers of the MA Economics stream with the Manmohan Singh scholarship, reflecting his pivotal role in its intellectual foundation.

Earlier this year, Mr Singh, whose health conditions were deteriorating, penned a heartfelt message to the director of the DSE, declining an invitation to deliver the valedictory address for the institution's diamond-jubilee celebrations.

"Much as I would have been happy to accept your kind invitation, I regret that because of the indifferent state of my health, I will not be able to accept your kind request," he wrote, signing off with his best wishes for the event.

The last rites of the former prime minister will be performed at 11:45 am on Saturday at the Nigambodh Ghat crematorium in Delhi with full State Honours, the Union home ministry has said.

His death was announced by the AIIMS, where he was admitted in a critical condition at around 8:30 pm on Thursday. 

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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SEBI Notifies Withdrawal Of Recognition Granted To Indian Commodity Exchange

Market regulator Sebi has notified that the recognition granted to the Indian Commodity Exchange Ltd (ICEX) has been withdrawn, formally signifying its exit from the bourse business.

This came after the regulator on December 11 allowed ICEX to exit the exchange space after its recognition was withdrawn over two years ago. This followed after the exchange fulfilled regulatory requirements.

"The Securities and Exchange Board of India (Sebi) hereby notifies that, the recognition granted to the Indian Commodity Exchange Ltd stands withdrawn with effect from the date of publication of this notification in the official gazette," Sebi said in its notification dated December 24.

In its exit order, Sebi stated it reviewed ICEX's valuation report, compliance submissions and undertakings.

Additionally, the regulator directed ICEX to comply with its tax obligations under the Income Tax Act, 1961; change its name and not to use the expression "stock exchange" and maintain a database of all transactions on its platform for the previous years among others.

The bourses declared all known liabilities and assured Sebi it had no undisclosed third-party liabilities. The exchange also undertook full responsibility for any future financial claims that may arise.

Accordingly, Sebi permitted "the exit of the ICEX as a stock exchange and thus the consequent withdrawal of recognition granted to ICEX".

ICEX, a commodity exchange based in Surat, Gujarat, was granted permanent recognition in 2009 under the Forward Contracts (Regulation) Act, 1952 (FCRA).

With the merger of the Forward Markets Commission (FMC) into Sebi in 2015, ICEX became a recognised stock exchange under the Securities Contracts (Regulation) Act, 1956 (SCRA).

In May 2022, Sebi derecognised ICEX due to non-compliance with the minimum net-worth requirement, infrastructural deficiencies and inspection findings.

ICEX appealed to the Securities Appellate Tribunal (SAT), which allowed ICEX to temporarily retain its recognition, provided it raised funds and complied with Sebi regulations within a year.

ICEX explored options to raise funds but found it difficult due to Sebi's shareholding cap of 5 per cent for investors in stock exchanges.

It requested the regulator to permit investors to hold up to 51 per cent equity for five years. If denied, ICEX offered to voluntarily surrender its recognition.

Sebi declined ICEX's request to relax shareholding norms, treating ICEX's letter as a voluntary surrender.

Thereafter, ICEX shareholders passed a resolution in May 2023, approving the surrender of recognition, following which Sebi initiated the exit process.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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Manmohan Singh's Life, Work Profoundly Shaped India's Destiny: Congress

The Congress Working Committee (CWC) met here on Friday and paid glowing tributes to former prime minister Manmohan Singh, saying he was a towering figure in India's political and economic landscape whose contributions transformed the country and earned him respect worldwide.

In a condolence resolution passed at the meeting, the CWC mourned the loss of a "true statesman" whose life and work have profoundly shaped the destiny of India.

Congress president Mallikarjun Kharge, former party chiefs Sonia Gandhi and Rahul Gandhi, and Congress general secretaries Jairam Ramesh, KC Venugopal and Priyanka Gandhi Vadra among others met here at the AICC headquarters for a meeting of the CWC to pay homage to the former prime minister.

Dr Singh, the architect of India's economic reforms and a consensus builder in the rough world of politics, died at AIIMS, Delhi, late on Thursday. He was 92.

He is survived by his wife and three daughters.

"Dr. Singh was a towering figure in India's political and economic landscape, whose contributions transformed the country and earned him respect worldwide. As Finance Minister in the early 1990s, Dr. Singh was the architect of India's economic liberalization," the CWC resolution read.

With unmatched foresight, he initiated a series of reforms that not only saved the nation from a balance-of-payments crisis but also opened the doors to global markets, it said.

"Through his policies of deregulation, privatization, and the encouragement of foreign investment, he laid the foundation for India's rapid economic growth. Under his stewardship, India emerged as one of the world's fastest-growing economies, a testament to his brilliance and vision," the CWC said.

As the 13th prime minister of India, Dr Singh led the country with a sense of calm determination and exceptional wisdom and his tenure was marked by sustained economic growth, global recognition and social progress, it said.

"He (Singh) steered the nation through the challenges of the global financial crisis in 2008 with strategic measures that shielded India from its worst effects. His leadership saw remarkable initiatives like MGNREGA, Right to Education, the historic Indo-U.S. Civil Nuclear Deal, National Food Security Act, Land Acquisition Act, Agricultural Debt Waiver and Debt Relief Scheme, and the 93rd Constitutional Amendment that advanced social justice for Scheduled Castes, Scheduled Tribes, and OBCs through Article 15(5)," it said.

Dr Singh also championed the Right to Information (RTI) Act to enhance transparency, the Forest Rights Act to empower tribal communities and contributed to achieving the highest GDP growth rate during his tenure, the CWC condolence resolution said.

"Dr. Singh's dedication to inclusive growth, international diplomacy, and economic modernization strengthened India's position in the global arena, while simultaneously focusing on the welfare of he common man. His legacy as a compassionate, reformist leader who prioritized stability and development will forever be etched in India's history," the CWC said.

Beyond his contributions as a politician, Singh was a respected academician, whose career as an economist helped shape India's policies and direction, the resolution said.

"His scholarly work as an economist and his service at institutions like the United Nations and the Reserve Bank of India laid the groundwork for many of the economic reforms he later championed as a policymaker," it said.

The CWC said Dr Singh's profound understanding of economics, combined with his dedication to education, inspired countless students, scholars and policy-makers. His academic rigor and intellectual contributions were pivotal in shaping India's approach to development, and his mentorship has had a lasting impact on the country's future economists, the resolution said.

"Dr. Singh was a man of extraordinary personal qualities. His grace, humility, and dignity set him apart as a leader of rare character. Despite holding the highest offices in the land, he always remained grounded, treating everyone with respect and kindness," the party said.

His demeanour was calm and composed and it was always guided by a deep sense of integrity, the CWC said.

"He was not only admired for his intellect and accomplishments but also for his unassuming nature, which made him beloved to people across all walks of life. Dr. Singh embodied the very best qualities of a true statesman- compassion, honesty, and a deep commitment to public service. His life was a living example of how grace and humility can coexist with great power," the resolution said.

"As we mourn the loss of this extraordinary leader, the Congress Working Committee pledges to honor Dr. Manmohan Singh's memory and carry forward his enduring legacy. His vision of economic reform, social justice, and inclusive growth will continue to inspire and guide us," it said.

The ideals he stood for -- integrity, diligence, and compassion -- will remain a beacon for future generations, the party said.

"We commit to upholding his values as we work towards building a more prosperous and united India, just as he envisioned. Dr. Singh's legacy as a leader, an economist, and a humble human being will live on, inspiring all of us to contribute to the continued progress and betterment of our great nation," the resolution read.

The CWC members also paid floral tributes to him at the party's headquarters.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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