IPA Webdesk
Rs 15 cr SEBI fine on Franklin Templeton CEO, fund managers
The Securities and Exchange Board of India (SEBI) has fined Franklin Templeton Trustee Services; FT AMC CEO Sanjay Sapre; and seven others to the tune of Rs 15 crore in connection with the abrupt closure of six debt mutual funds schemes last year. SEBI in its order said that...
Mamata retains Kishor’s services till next Bengal polls in 2026
Bengal chief minister Mamata Banerjee has retained the services of Prashant Kishor’s Indian Political Action Committee (I-PAC) till the next assembly elections in 2026. According to sources, Kishor’s organisation will continue with the same set-up as before, office and their field presence included. This comes a month after the...
Adani says NSDL account freeze report wrong, meant to mislead
Adani Group on Monday clarified that a report claiming National Securities Depository Ltd (NSDL) had frozen accounts of three foreign funds that together own shares worth ₹43,500 crore in its companies are “blatantly erroneous and is done to deliberately mislead the investing community.” “This is causing irreparable loss of...
BJP MLAs skip Suvendu meeting, signalling more ‘ghar wapasis’
IPA Webdesk A number of BJP MLAs stayed away opposition leader Suvendu Adhikari’s meeting with Governor Jagdeep Dhankar to apprise him of “several inappropriate incidents happening in Bengal and discuss other important matters”, further adding to speculation about more reverse migration to the TMC. But with 24 of the...
WPI inflation at record high of 12.94% in May
The wholesale price-based inflation accelerated to a record high of 12.94 per cent in May, on rising prices of crude oil and manufactured goods. Low base effect also contributed to the spike in WPI inflation in May 2021. In May 2020, WPI inflation was at (-) 3.37 per cent....
Congress seeks SC probe into Ram Temple Trust scams
IPA Webdesk The Congress on Monday demanded a Supreme Court-monitored probe into the alleged corruption in purchase of land in Ayodhya by the Ram temple trust. The party also asked Prime Minister Narendra Modi to clarify whether those behind it had his protection. Congress general secretary and chief spokesperson...
BJP to launch national drive to promote vaccination
Faced with all-round criticism that the Modi government was ill-prepared to meet the second wave of Covid, BJP is starting the second phase of a countrywide voluntary service to promote vaccination and help people affected with the disease. The programme was initiated last month by BJP chief JP Nadda...
National Award-winning actor Sanchari Vijay dies after accident
Kannada actor Sanchari Vijay, who met with an accident on June 12, was declared brain dead on Monday. He was 38. He had been admitted to the Intensive Care Unit (ICU) of the Apollo Hospital in Bengaluru, where he was being treated. The actor’s family has decided to donate...
Grassroots TMC workers resist turncoats
IPA Webdesk With an increase in the number of ‘ghar wapsi’ applications, the TMC grassroot leaders are letting their displeasure be known and telling turncoats that they are not welcome in their respective districts. The ‘ghar wapsi’ of Mukul Roy and BJP leader Rajib Banerjee’s ‘curtesy meeting’ with Trinamool...
Adani Group shares plummet on reports of NSDL freeze
Adani Group stocks took a heavy beating on Dalal Street today morning, hitting the lower circuit within the initial minutes of trade. The fall in Adani Group shares came after reports surfaced that National Securities Depository Limited (NSDL) froze three accounts of Foreign Portfolio Investors (FPI) that owned a...
Sacked Telangana minister joins BJP
Former TRS leader and health minister Eatala Rajender joined the BJP on Monday, days after he resigned from his assembly seat after being sacked from the state cabinet by Chief Minister K Chandrashekar Rao over land grabbing charges. In a letter addressed to the Speaker on Saturday, the former...
LJP MPs ask Speaker to remove Chirag Paswan as leader
IPA Webdesk Chirag Paswan’s Lok Janashakti Party is facing another crisis as five of the party’s six MPs in Lok Sabha have decided to remove Chirag Paswan as the leader of the party in the house. The majority of Lok Sabha MPs in Chirag’s own party intend to replace...
Ayodhya Ram Temple Trust accused of land scam
The Ram Mandir Trust set up by the Centre last year has been accused of pulling off an illicit land deal, in which two real estate dealers allegedly purchased a property for Rs 2 crore and selling to the Trust for Rs 18.5 crore within minutes of the...
All Delhi shops, restaurants reopen
Shops, malls and restaurants in Delhi will open all seven days from today as Covid numbers in the national capital drop to a three-month low. But Chief Minister Arvind Kejriwal said this will be on trial basis for a week and strict action will be taken if the...
Cong in huddle as Pilot refuses to back down
: IPA Webdesk The Congress party has gone into a huddle as the Sachin Pilot camp has refused to budge from the position that young leader has been denied whatever was promised to him. “The party is working to resolve the issues regarding demands of Pilot related to allotment...
Kapil Sibal reiterates call for complete overhaul of Congress
Congress veteran Kapil Sibal has repeated his call for a meaningful overhaul of the party at all levels of the organisation to show it is no longer in a state of inertia and to present itself as a viable political alternative to the BJP. Sibal, who was among the...
BJP wants ideological check on government servants
IPA Webdesk In what could become another controversial move, the BJP central leadership has advised all the party-ruled state governments to conduct proper ideological background check of any individual before giving any position in the government. Though sources in the saffron camp claim that this is a verbal advisory...
Higher bank FD interest for vaccinated depositors
A few state banks are offering higher interest rates on fixed deposits to those customers who have received the Covid vaccine. The offer is available even to those who have got their first Covid jab. In April, the Central Bank of India launched the Immune India Deposit Scheme. Through...
