2019 is all set to witness key events in the political sphere, including the all-important general elections, legislative assembly elections in multiple states and forging of alliances that are likely to have a bearing on India for years to come.Politics in 2019 will continue to revolve around the elections. Here are the key events lined up over the next 12 months:Lok Sabha pollsClose The general election, pegged as the largest election exercise in history, is expected to happen in April-May. The Election Commission (EC) is likely to declare the dates for the same in early March, thus imposing the Model Code of Conduct. related news Delhi court to pronounce verdict in Unnao rape case against Kuldeep Sengar today Citizenship Act protest: Detained Jamia students released by police Jharkhand Election Voting LIVE: Polling underway in 15 constituencies Prime Minister Narendra Modi-led Bharatiya Janata Party (BJP) is aiming to retain power along with its National Democratic … [Read more...] about Stage set for battle royale: 2019 to witness Lok Sabha, simultaneous assembly polls
Battle report 40k
Banks, NBFCs repossess around 50,000 commercial vehicles due to default: Report
Close to 50,000 commercial vehicles have been seized by financiers across India, reported the Business Standard, quoting data from Delhi-based Indian Foundation of Transport Research and Training (IFTRT). “There are about 150 repossession yards across the country and most of them are overflowing with commercial vehicles. These vehicles are lying with financers,” the article quoted SP Singh, senior fellow at IFTRT, as saying. The report compares the current slowdown to the ones in 2008-09 and 2012-13, and highlights a worrying trend that shows 40 percent vehicles being less than one year old. Moneycontrol could not independently verify the report. The ongoing slowdown and the tepid economic growth have dampened freight demand. For transporters, idling fleet and high operating costs (fuel, tyre and toll charges) have made the business unviable, which, in turn, is affecting loan payments, the report stated, adding that some had voluntarily surrendered their vehicles fearing … [Read more...] about Banks, NBFCs repossess around 50,000 commercial vehicles due to default: Report
Uber to invest Rs 1,415cr in Zomato-UberEats share-swap deal: Report
Uber is in talks with Zomato to finalise a share-swap deal for UberEats, its food-delivery business in India, sources told The Economic Times. The ride sharing app is planning to infuse fresh capital up to $200 million (equivalent to around Rs 1,415 crore), as an essential part of the deal, the report said.Moneycontrol could not independently verify the report.The fresh investment by Uber might be along with some other investment funds, the article quotes a source as saying. The companies are now in a period of exclusivity, which prevents them from getting engaged with other parties, even though no agreement has been signed yet, the source added.Close Zomato won’t find it sensible to acquire UberEats without Uber investing in the joint venture, the article quotes another source as saying. related news Banks, NBFCs repossess around 50,000 commercial vehicles due to default: Report Glenmark's Baddi manufacturing unit receives GMP certificate from European … [Read more...] about Uber to invest Rs 1,415cr in Zomato-UberEats share-swap deal: Report
60 AMU students injured in clashes, university closed till January 5
Hundreds of AMU students protesting against the amended Citizenship Act clashed with police on Sunday at a campus gate, leaving 60 injured. After the protest, the adminstration announced closure of the university till January 5.Aligarh Muslim University (AMU) Registrar Abdul Hamid said the police entered the campus late Sunday night and clashes were reported from inside. "Hostels are being evacuated," he said.Uttar Pradesh Chief Minister Yogi Adityanath appealed to the residents of the state to maintain peace and harmony.Close "People should not pay attention to the rumours about Citizenship Amendment Act being spread by some vested interests," he was quoted as saying in a statement. related news PM Modi busy addressing rallies in Jharkhand, won't speak on 'violence on students': Congress Delhi court to pronounce verdict in Unnao rape case against Kuldeep Sengar today Additional Chief Secretary (Home) Awanish Awasthi said, "Section 144 of CrPC remains imposed in all … [Read more...] about 60 AMU students injured in clashes, university closed till January 5
Haryana Assembly Polls: Congress will waive farm loans if voted to power, says Kumari Selja
The Congress will announce a loan waiver for the poor and farmers in the state if voted to power, Haryana Congress chief Kumari Selja has said. In an interview to PTI, she said the Congress would not announce its chief ministerial candidate ahead of the elections and the same would be decided by the party high command after the polls.The state Congress chief said the loan waiver promise would be part of the manifesto for the October 21 Haryana assembly polls and the document would be unveiled soon.The Haryana Congress manifesto committee had submitted its report and final touches were being given to it, she said.Close "When our government comes to power, we will waive loans of the poor, especially people who take small loans. We are also going to write off the loans of farmers who are being pushed to a corner and are suffering under the BJP government," she told PTI. related news Delhi court to pronounce verdict in Unnao rape case against Kuldeep Sengar today Citizenship Act … [Read more...] about Haryana Assembly Polls: Congress will waive farm loans if voted to power, says Kumari Selja