Monday, May 9, 2022

gujarat: Amit Shah to visit Gujarat May-end to take stock of key districts

Union Home Minister Amit Shah is expected to visit prominent places like Devbhoomi Dwarka, Ahmedabad, Kedha and Godhra later this month to take stock of BJP’s preparedness in Gujarat, besides inaugurating infrastructure and welfare projects .

During his visit, which is likely on 27-28 May, he is scheduled to visit the Coastal Police Academy in Dwarka. Shah is also likely to attend cooperatives-related events in Godhra, and he will address a public meeting in Kheda, where the 2017 elections saw a face-off between the BJP and the Congress. Meetings and programs are scheduled with party workers in his own Lok Sabha constituency Gandhinagar.

There are over 81,000 cooperative societies in Gujarat, which benefited the Congress for decades. However, most of them are now controlled by the BJP. Shah, who also holds the cooperative department, had visited the state only about a month ago and visited places like Banaskantha and Panchmahal. Shah’s visit is likely to give impetus to the BJP’s ‘one day, one district’ programme, which will focus on at least one top party leader to visit each district.

While Gujarat BJP President CR Patil and Chief Minister Bhupendra Patel are touring various districts and leading the programme, it is the visit of leaders from Delhi that is setting the tone for the campaign.

Originally published at Pen 18

Congress chintan shivir: One family, one ticket, restoring parliamentary board, 3-yr spacing between office terms proposed

Revival of Congress Parliamentary Board (CPB), giving only one ticket per family, mandatory cooling-off period of three years for AICC, PCC and DCC office-bearers, completing their first full term of 3-4 years and retrenchment of Congress Committee panel The Udaipur Congress Chintan Shivar, to be held on May 13-15, will take, among others, these proposals prepared by the Congress Committee on Organizational Affairs to formulate an action plan to revive the party ahead of the 2024 elections.

The camp will be attended by 400 party representatives led by the Gandhi-Vadra-led party leadership. The one-family-one-ticket proposal, it seems, is in response to the BJP’s dynasticism, and speaks of pressure from within to address the youth’s growing fascination with the rising incidence of dynasty.

The camp will decide whether proposals are accepted or exceptions are made through discretionary powers to the leadership (as in the case of multiple criteria such as the one-man-a-post criterion). “The sure shot for implementing the one family-one-ticket proposal is for Sonia ji, Rahul ji and Priyanka ji to declare in Chintan Shivar that only one person from the Gandhi-Vadra family will contest the 2024 Lok Sabha elections, whichever may be Let us see whether they will shoot or not”, a Congress leader said anonymously after the CWC meeting. Change seekers in Congress are pushing for revival of CPB.

Legal Guarantee for MSP:

The BS Hooda-led panel on farmers’ issue wants Shiver to pledge that a future Congress government will enact a central law for legal guarantee of Minimum Support Price (MSP), that too to calculate MSP “as per C2 formula”. In the Swaminathan Committee Report”, it is learned. The panel wants to make the purchase of agricultural products from the open market at less than the MSP rate “a punishable offence” and by protecting the domestic market interests of farmers at future export/import duty rates. wants to decide.

Alliance and anti-BJP fight

The Committee on Political Affairs, conceivably, proposes to make alliances, especially for the LS elections, with like-minded regional parties that agree on ideological and political matters and remain committed to the constitution. The panel thought it was best to stick to the core principles of the Congress for the party to succeed in its fight against the BJP-RSS.

Rahul effect

Some members of the CWC felt that beyond the Chintan Shivir, the best way to bring back the Congress is to “electrify” Congress members and supporters by “visiting Rahul Gandhi across India by addressing rallies”.

Time to repay party’s debt: Sonia

Congress President Sonia Gandhi on Monday stressed the need for the party to unite in the upcoming Udaipur Chintan Shivir and reminded everyone that the time has come for party leaders to “pay their debt to the party”. Speaking at the CWC meeting, he made a categorical appeal to those seeking a change in the Congress, saying that criticism is fine, but it should not be to the extent of demoralizing the party. He hoped that Chinta Chivir would go beyond mere rituals. “I request your full cooperation in ensuring that the message that comes out clearly and clearly from Udaipur is one of unity, solidarity, determination and commitment for the speedy revival of our party,” she said. ”

Originally published at Pen 18

FIR registered against AAP MLA, others for ‘obstructing’ anti-encroachment drive in Shaheen Bagh

The Delhi Police on Monday registered an FIR against AAP MLA Amanatullah Khan and his supporters for allegedly obstructing the anti-encroachment drive at Shaheen Bagh. The South Delhi Municipal Corporation (SDMC) filed a police complaint against Khan and his supporters on Monday accusing him of obstructing their anti-encroachment drive at Shaheen Bagh.

Deputy Commissioner of Police (Southeast) Isha Pandey said, “On the basis of the complaint received from SDMC, an FIR has been registered against Amanatullah Khan and his supporters under sections 186 (obstructing public servant in discharge of public functions), 353 (assault or criminal Force to prevent public servant from discharging his duty) and 34 (general intent) of the Indian Penal Code.

In a complaint to the SHO of Shaheen Bagh, SDMC’s Central Zone Licensing Inspector said that a drive to remove encroachment on the main road in Shaheen Bagh was scheduled on Monday and its staff and police personnel were present at the spot to carry out the action. .

“Amanatullah Khan MLA (Okhla) along with his supporters did not allow the field staff of the area SDMC to remove the encroachments. In view of the above, you are requested to take appropriate legal action against Amanatullah Khan and his supporters for intervening. Discharge of official duties by public servants,” SDMC’s Central Zone Licensing Inspector wrote in the complaint.

Hundreds of people, including women, protested the SDMC’s anti-encroachment drive at Delhi’s Shaheen Bagh on Monday as bulldozers entered the area in the presence of a large number of police personnel.

The civic body team was forced to return without rehearsing.

The protesters raised slogans against the BJP-ruled South Delhi Municipal Corporation (SDMC) and the Center and demanded that the action be stopped. Some women protesters even stood in front of the bulldozers to stop the exercise.

Originally published at Pen 18

Trade Setup: Trade Setup: All fresh purchases must be highly stock-specific and defensive in nature

It was once again a negative day for the Indian equity markets, but this was the first time that the markets made some clear attempts to find a potential base for themselves in the near term.

After a weak overnight trade setup, Nifty opened on a weaker note – a much weaker note than expected. The markets suffered another intraday opening, but they spent the bulk of the session recovering from early lows. At one point, Nifty had recovered most of its losses, however, the headline index closed with a net loss of 109.40 points (-0.67%) in the last few hours of recovery.

ETMarkets.com

There is a possibility that the market may try to gain some ground in an attempt to create a temporary base for itself. The most immediate low, i.e. the previous low of 16,142, is expected to act as a reference point for the most immediate support for the markets.

The 16,000-16,150 area will be the most important support area to see if we look at things from the most immediate and short-term technical point of view. Markets continue to pile on shorts for the fourth day in a row – Nifty current month futures have added over 1.41 lakh shares or 1.30% in net open interest.

Volatility increased slightly – India VIX rose 3.68% to 22.0325. The 16,435 and 16,550 levels are likely to be seen as potential resistance points on Tuesday. Support comes at the 16180 and 16110 levels. The trading range is expected to be wider than normal.

The Relative Strength Index (RSI) on the daily chart is 33.73. It has continued to mark a new 14-day low which is bearish. However, the RSI is neutral and shows no divergence against the price. The daily MACD is bearish and remains below the signal line.

a spinning top embossed on the candle; Its occurrence near a potential support area could act as a temporary reversal point for the markets. However, this will require confirmation on the next business day.

Overall, it is clear that the markets are scrambling to find a potential base for themselves; Including new shorts over the past four seasons, a strong technical snag cannot be ruled out at any point in time. It is recommended to avoid creating new shorts in such markets as short traps can occur at any time.

Nifty is eyeing an imminent and overdue technical pullback; All new buys should be placed highly stock-specific and defensive in nature, avoiding shorts. A cautiously positive approach to the day is advised.

Milan Vaishnav, CMT, MSTA, is a Consulting Technical Analyst and Founder of Equity Research.Asia and Chartwizard.ae and is based in Vadodara. Ask them at milan.vaishnav@equityresearch.asia. can be contacted at

Originally published at Pen 18

Rockstar Ranbir Winks Takes Selfies at Celebrity Football Cup as Fan Shouts Ranbir I Love You – Pen 18

Ranbir Kapoor took selfie with fansActor Ranbir Kapoor never disappoints his fans when it comes to mastering the selfie game or signing autographs. The actor, who was recently in Dubai to play the Celebrity Football Cup for producer Bunty Walia’s team, took the crowd by surprise. Ranbir reached the stadium to cheer for his fans and even shook hands. Watch this viral video from the tournament:Also read- Alia Bhatt in a hurry at the airport, told Papa, ‘Let’s go now please’, Kunal Khemu showed his tattoo. watch video

Also read- Ranbir Kapoor’s procession went from fifth floor to seventh floor, and Neetu Kapoor revealed other interesting details of marriage

Fans went crazy after taking selfie with Ranbir!

In one of the viral clips shared by a fan, a man from the crowd was shouting “Ranbir I love you” while the actor was walking towards the football field. brahmastra The actor turned to the stadium and smiled at his fandom. In another viral clip, Ranbir is seen shaking hands and taking selfies with his fans. The crowd can be heard happily shouting, “Oh my god,” mesmerized by Rock Star Ranbir’s humility. Watch this touching video of Ranbir: Also Read – Mother’s Day 2022: Alia Bhatt Shares The Cutest Picture From Soni Razdan And Mother-in-law Neetu Kapoor’s Wedding Reception

Ranbir uses his football skills!

The actor is the vice-captain of the ASFC (All Stars Football Club) team owned by Bunty Walia. While Abhishek Bachchan is the vice-captain. Apart from Ranbir and Junior Bachchan, Kartik Aaryan, Tiger Shroff, Arjun Kapoor and Ishaan Khatter are also part of the team. Other teammates including Aparshakti Khurana, Abhimanyu Dasani, Karan Wahi, Shashank Khaitan, Dino Morea, Shoojit Sircar, Shabbir Ahluwalia and Sameer Kochhar were also snapped up by the shutterbugs.

Ranbir Kapoor with wife Alia in Ayan Mukerji’s film brahmastraWhile they also have YRF shamshera Co-starring Vaani Kapoor and Sanjay Dutt. The actor recently shot for a schedule for Sandeep Reddy Vanga Animal Pushpa with actor Rashmika Mandanna in Manali.

Watch this space on India.com for more updates on Ranbir Kapoor.

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Originally published at Pen 18

Sunday, May 8, 2022

financial software and systems: PwC resigns as auditor of Financial Software

According to a rating report by Care Ratings, Price Waterhouse Chartered Accountant (PwC) has resigned as auditor of Financial Software and Systems (FSS) over disclosures related to the application for a new umbrella entity (NUE) management. There are differences with

CARE Ratings in its latest rating report said that the company has appointed S Vishwanathan as the new auditor. The rating firm assigned a ‘BBB’ rating to the company’s ₹714 crore debt and placed it under “credit watch” with a “negative impact”.

FSS had paid ₹8 crore as consultancy fee to Boston Consulting Group to provide a business strategy to apply for NUE license, which was set up by the Reserve Bank of India for setting up a payment infrastructure for private entities. was proposed. The PwC wanted to qualify that in FY 2021, the management had not sought prior approval of the Board for this expenditure item. According to PwC, Care Ratings said, there was a lapse in the company’s internal control systems.

The FSS management denied this. The company said the board was subsequently informed about the decision to apply for the NUE license and related expenses.

The FSS Management informed CARE Ratings that its Board has confirmed the expenditure, and therefore the case does not require qualification by the auditor. Disagreements on the matter led to the resignation of PwC, which also delayed the company in declaring its annual report for FY21. FSS founder and president Nagraj Mylandla did not respond to ET’s request for comment.

FSS is leading the Vishwakarma Payments consortium, which includes Cholamandalam Investments, Zoho, Zerodha, Razorpay, Ujjivan and Airpay, to apply for NUE licenses.

Originally published at Pen 18

india: WHO used different method for Covid deaths in India: Jon Wakefield

The method used by the World Health Organization (WHO) to calculate the number of deaths in India due to COVID-19 is different from the method that Indian officials have dismissed as being flawed, according to WHO. John Wakefield, a member of the Technical Advisory Group, is responsible for this. Modeling told ET.

Wakefield said they have developed a model for countries with no data, and a separate model for countries with subnational data, and India falls in the second category.

“The Indian government was criticized earlier for the model, which we did not use for India,” he said in an exclusive interview. “India has been repeatedly informed of this.”

“India’s statements on the model were incorrect, including those in the recent government response,” said Wakefield, who is a professor of biostatistics at Washington State University.

According to WHO estimates released last week, Covid-19 could kill around 4.74 million people in India in 2020 and 2021, either directly due to the infection or its indirect effects. The figure – which has been disputed by India – is nearly ten times the country’s official Covid death toll at 481,000 at the end of 2021.

“My only request is to all countries to disseminate accurate and timely mortality data at the earliest, so that they can list the death toll from this terrible pandemic,” Wakefield said.

Wakefield said he did not calculate the state-wise death toll for India and only the total was counted. Work is ongoing, as Wakefield said they will continue to develop the model and update the estimates at some point in the future.

State health ministers in India have termed the WHO’s estimate as “baseless” and that it is “intended to show the country in a bad light”.

Originally published at Pen 18

new zealand: Rain interrupts play in second ODI against New Zealand with India on 22-0 after 4.5 overs

India were 22 for no loss in 4.5 overs against New Zealand when rain stopped play in the second one-day international at Seddon Park here on...