Plan and Policy

Plan & Policy

Spiritual guru Bhaiyyu Maharaj commits suicide in MP

Spiritual guru Bhayyu Maharaj, who had refused to accept ministerial rank granted by the Madhya Pradesh government over two months back, allegedly committed suicide on Tuesday by shooting himself in Indore, leaving his followers as well as the political community shocked.

“Bhaiyyu Maharaj has committed suicide by shooting himself,” Indore’s Deputy Inspector General (DIG) H C Mishra said. “He shot himself at his home,” Mishra added.

A large number of his supporters gathered in front of the hospital where the 50-year-old ‘godman’ was rushed after the shooting incident.

Nothing unusual about monsoon lull: IMD

The southwest monsoon, which has covered entire so­u­th peninsula and some pa­r­ts of central India, is likely to reach more areas in 48 hou­rs before entering into a lull, said a senior official of IMD.

Every year the monsoon goes into a lull and there is nothing abnormal in this, the official said.

Meanwhile, conditions are becoming favourable for further advance of monsoon into some more parts of Od­i­s­ha, remaining parts of the no­rtheastern states and so­me parts of Bengal and Si­kkim in 48 hours, said IMD.

Drive to fast track refund of exporters extended

The central board of indirect taxes and customs (CBIC) has extended the refund fortnight for fast track clearance of pending dues to exporters by two days till June 16.

The central and state tax officials have already cleared refunds worth over Rs 7,500 crore since May 31, when the special drive to clear exporters refund was launched.

“In view of overwhelming response from exporters and pending claims, the period of refund fortnight is being extended by two more days – up to June 16,” a finance ministry statement said.

May retail inflation up at 4-month high of 4.87%

Retail inflation jumped to 4-month high of 4.87 per cent in May on costlier food items such as fruits, vegetables and cereals coupled with high fuel rates.

Based on the consumer price index (CPI), the retail inflation was at 4.58 per cent in April. In May 2017, however, it was at a low of 2.18 per cent. The previous high in retail inflation was in January this year at 5.7 per cent.

RBI seeks more powers to ably regulate PSBs

Amid tough questioning by lawmakers over increasing bad loans and frauds in the banking sector, the Reserve Bank of India governor Urjit Patel on Tuesday made a strong case for more powers to effectively regulate public sector banks (PSBs).

Delhi Golf Club removes Jaitely, Prasad, Pawar as members

The aristocratic Delhi Golf Club has removed the names of some political heavyweights, including Union ministers Arun Jaitley and Ravi Shankar Prasad, as members. Other big names who have been struck out from the register of the elite club in Lutyens’ Delhi include opposition leader Sharad Pawar, his daughter and MP Supriya Sule, BJP rebel Shatrughan Sinha and former urban development minister and Congress leader Kamal Nath.

Chidambaram quotes Reserve Bank study to slam Modi govt

Citing an RBI-sponsored study, former finance minister P Chidambaram on Monday slammed the present dispensation for the “bad state of the economy” due to ‘wrong policies’.

According to the study 48 per cent of those surveyed felt economic condition had worsened in the last 12 months, he tweeted later.

He said a “flawed road” to GST continued to haunt trade and business, and that the adverse effect of demonetisation had been established “beyond doubt”.

Coca-Cola founder was a ‘shikanji’ seller, McDonald’s founder a ‘dhaba wala’: Rahul’s ‘pearls of wisdom’

While addressing a convention of OBC workers of the Congress, party president Rahul Gandhi on Monday cited the examples of successful American entrepreneurs to attack prime minister Narendra Modi’s policies but took the analogies too far by describing the founder of Coca-Cola as a ‘shinkanji seller’ and that of McDonald’s a ‘dhaba wala’.

He also said the founders of Ford, Mercedes and Honda were 'mechanics' whose skills were recognised by the meritocratic system in their countries and allowed them to prosper.

Ailing Vajpayee admitted to AIIMS

Prime minister Narendra Modi on Monday visited former prime minister Atal Bihari Vajpayee after he was admitted to AIIMS for investigations. The condition of the BJP patriarch, who has been ailing for long, was stated to be stable.

Modi enquired about the well-being of Vajpayee and met his family members, official sources said.

“He has been admitted for examination and management. He is stable,” according to a statement issued by the premier hospital.

Delhi CM, other ministers stage sit-in at LG office

Delhi chief minister Arvind Kejriwal and his cabinet colleagues met Lt Governor Anil Baijal on Monday evening amid high drama and decided to stay put at his office till their three demands were accepted, including a direction to IAS officers to end their “strike” and action against officers who have struck work for “four months”.