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'Well planned': Pralhad Joshi slams CM Siddaramaiah over demand for more Deputy CMs in Karnataka
"Congress has been nearly wiped out in Karnataka, and they are now taking revenge on the people. As far as industrialization and development are concerned, the Congress government is indulging in politics over additional Deputy CM posts, which is creating lots of confusion," the Union Minister said on Saturday.
D K Shivakumar mocks demand for three more Deputy Chief Ministers in Karnataka
Karnataka Congress chief D K Shivakumar dismissed calls for three more Deputy Chief Ministers, urging ministers to seek solutions from the high command rather than discussing it in the media. Some ministers advocate for diverse community representation in the deputy CM posts. Chief Minister Siddaramaiah reportedly advised against public statements on the issue. Shivakumar's supporters are backing him for the Chief Minister post, amid speculation and internal party dynamics.
Demand for 3 more Deputy CMs in Karnataka: Siddaramaiah says Cong high command''s decision final
With renewed calls for three additional Deputy Chief Ministers in Karnataka, Chief Minister Siddaramaiah affirmed on Wednesday that the Congress high command will have the final say. Currently, D.K. Shivakumar, representing the Vokkaliga community, is the sole Deputy CM. Ministers are advocating for Deputy CM roles for leaders from the Veerashaiva-Lingayat, SC/ST, and minority communities
Banks draw attention of Govt, RBI to ATM shortage
Banks have alerted the government and the banking regulator Reserve Bank of India about shortages in automated teller machines (ATMs). They have also advocated for clearer procurement norms through the government e-marketplace (GeM) portal. Industry insiders mentioned that the initial low capacity issue is linked to the 'Make in India' guidelines implemented in FY20. Vendors took time to establish operations in India, contributing to the supply constraints.
CM Majhi, DyCMs, Naveen Patnaik take oath as member of Odisha Assembly
Chief Minister Mohan Charan Majhi, Deputy Chief Ministers KV Singh Deo and Pravati Parida, along with BJD President Naveen Patnaik, were sworn in as members of the 17th Odisha Legislative Assembly on Tuesday. Pro-tem Speaker Ranendra Pratap Swain administered the oath of office to the newly elected MLAs, including both the chief minister and Patnaik.
Maharashtra CM Eknath Shinde holds meeting with Deputy CMs; BJP leaders head for review meet in Delhi
Maharashtra Chief Minister Eknath Shinde convened a late-night meeting with Deputy CMs Devendra Fadnavis and Ajit Pawar, following which state BJP leaders travelled to Delhi for a review meeting amid the Mahayuti coalition's underwhelming performance in the recent Lok Sabha elections.
Ex-CMs Kumaraswamy and Bommai quit as MLAs after winning LS polls
While Kumaraswamy represented Channapatna Assembly segment Bommai was an MLA from Shiggaon seat. Kumaraswamy, who was elected to Lok Sabha from Mandya constituency, is now Union Minister for Steel and Heavy Industries in Prime Minister Narendra Modi- led cabinet, while Bommai represents Haveri Lok Sabha seat.
Maharashtra CM Eknath Shinde, Dy CMs Fadnavis and Pawar rode in vintage car with wrong registration number, record shows
Maharashtra Chief Minister Eknath Shinde and his deputy CMs, Devendra Fadnavis and Ajit Pawar, rode in a 1930 Rolls-Royce car to inspect the Mumbai coastal road. The car, lent by Raymond Group chairman Gautam Singhania, had the license plate number MHO4 JU4733. However, the correct registration number is MHO4 JV4733, according to sources.
One CM, 2 Deputy CMs BJP's new model
BJP's strategy of appointing two deputies for chief ministers in big states helps balance caste equations, starting from Uttar Pradesh and expanding to Rajasthan, Madhya Pradesh, and Chhattisgarh.
Seven former CMs part of new council of ministers
While five of these former chief ministers are from the Bharatiya Janata Party (BJP), Kumaraswamy and Manjhi represent two of the BJP's allies -- JD(S) and Hindustani Awam Morcha, respectively.
In J&K, former CMs Omar Abdullah and Mehbooba Mufti concede defeat
Former chief ministers Omar Abdullah and Mehbooba Mufti faced defeats in the Lok Sabha election results in Kashmir, with Mufti losing to Gujjar leader Mian Altaf Ahmad and Abdullah to former MLA Sheikh Abdul Rashid alias Engineer Rashid.
Election heat peaks: From tale of CM’s Chair to bureaucratic countdown
With results day close by, bureaucrats working in central government offices are counting their last few days of ease. Having put together plans for 100 days and five years, several top bureaucrats are learnt to have used the window to go out on a short leave to take a quick breather. Reason is obvious — while results day can be uncertain, it is certain that the new government will keep them on their toes.
Stocks in news: LIC, Vedanta, IRCTC, RITES, NALCO, Adani Energy Solutions, Timken, CMS Info Systems
India's largest life insurer Life Insurance Corporation of India on Monday reported a net profit of Rs 13,782 crore for the quarter ended March 31, 2024, which was up by 4.5% over Rs 13,191 crore reported in the corresponding period of the last financial year. The company board has declared a final dividend of Rs 6 per share.
Corporate Actions This Week: Infosys, JSW Energy, IEX to go ex-dividend; Davangere Sugar ex-split
This week, several companies like Infosys and GlaxoSmithKline Pharmaceuticals will go ex-dividend, while Balaxi Pharmaceuticals and Davangere Sugar Company will undergo stock splits. Ex-dividend date is when stock prices adjust for dividend payouts, usually one or two days before the record date.
Stocks in news: M&M, Vodafone Idea, Biocon, Mankind Pharma, Dixon Tech
HDFC Life announced its highest-ever bonus of Rs 3,722 crore on participating plans. This bonus will benefit over 22.23 lakh policyholders.
No car, house or shares: PM Modi declares total assets worth Rs 3 cr in 2024 poll affidavit
Prime Minister Narendra Modi declared his total assets as Rs 3.02 crore in his election declaration. This document is a mandatory submission for contesting elections in India.
Money matters in Indian elections but it is no guarantee for victory
Research on electoral funding provides interesting insights into the role of personal wealth on electoral outcomes. Money becomes less important when there is a wave. An important aspect of Indian elections is that ruling parties face anti-incumbency. Incumbents, because of their position, have more resources and money. But they are routinely defeated.
India's cash withdrawals from ATMs increase by 5.51% in FY24, CMS Infosystems report shows
A report by CMS Infosystems shows a 5.51% increase in monthly average cash withdrawals from ATMs in FY24, reaching Rs 1.43 crore. This growth highlights the continued reliance on cash transactions despite the rise of digital payments. Metro areas saw a significant 10.37% increase in cash withdrawals, while Karnataka led in withdrawals per ATM. The report also notes a rise in spending on media, entertainment, and FMCGs, indicating a positive trend in consumption.
Cash in circulation more than doubles since FY17 on consumption demand
The currency in circulation has more than doubled from Rs 13.35 lakh crore in March 2017 to Rs 35.15 lakh crore in end March 2024. Significantly the currency in circulation has happened despite the central bank deciding to withdraw the Rs 2000 denomination banknotes from circulation from May 2023 which resulted in the central bank getting 97.83 percent of Rs 3.56 lakh crore worth notes back to the banking system.
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