The devotees continued to offer prayers to Lalbaugcha Raja in Mumbai on Thursday. The ten-day Ganesh Chaturthi festival started in Maharashtra and elsewhere in the country on Wednesday with the coronavirus pandemic no longer casting its shadow on the celebrations.
Ganesh mandals in Mumbai and other major cities of Maharashtra took large idols in processions accompanied by dhol-tasha beats to their pandals in the last few days.
Due to a large number of visitors arriving in the Lalbaug-Parel area for Ganpati darshan, Mumbai Traffic Police in association with the BMC have made following arrangements for parking of vehicles:
1) Kalpataru Pay and Park, near Gandhi Hospital at Parel (200 vehicles)
About five unidentified gunmen shot BJP leader Sukhbir when he had gone to a cloth showroom in Haryana’s Gurugram on Thursday, said Deepak Saharan, DCP West, Gurugram.
The BJP leader and former chairman of Sohna Market Committee Sukhbir later succumbed to his injuries at a hospital, the police added.
The incident occurred when the BJP leader went to buy clothes at a showroom in Sadar Bazar near Gurudwara Road.
The leader was said to be close to Chief Minister Manohar Lal Khattar. The Gurgaon police have started investigating the CCTV footage and other evidence.
Delhi: Police arrested one for firing bullets at teenager girl 4
Delhi Police have arrested one for attempt to kill a teenager girl by firing bullets at her in the Sangam Vihar area on August 25.
The accused was identified as Amanat Ali. His two associates were held last week.
The accused disclosed that she was in touch with Amanat Ali for two years through social media, however, she had not spoken to him for the past 4-5 months, As per Delhi DCP Benita Mary Jaiker,
“During the interrogation, the accused Amanat Ali disclosed that the victim girl and himself know each other through social media. she stopped talking with him some time ago due to which he was unhappy and he determined to eliminate the girl. Hence, he made a plan in collab with his two friends,’’ said police.
The girl had received injury on her shoulder and was shifted to a hospital. Her condition is stable now, as per officials.
The police have recovered two country-made pistols, three live cartridges and one empty fired cartridge.
Price of commercial LPG cylinder has been reduced by Rs 91.50 6
Oil marketing companies have reduced the price of per unit commercial LPG cylinder by Rs 91.50 with immediate effect.
With this latest revision in prices, a 19 kg commercial LPG cylinder will cost Rs 1,885, instead of Rs 1,976 in Delhi. On August 1 too, the prices of commercial LPG cylinders were reduced by Rs 36. Prior to that, on July 6, rates for the 19-kilogram commercial cylinder were cut by Rs 8.5 per unit.
Prices of domestic cylinders will, however, continue to remain steady.
On July 6, prices of domestic liquid petroleum gas cylinders weighing 14.2 kgs were raised by Rs 50 per unit. Previously, the prices for domestic cylinders were revised on May 19, 2022.
In the national capital Delhi, it currently sells at Rs 1,053 per unit. Besides, in Kolkata, Mumbai, and Chennai, it sells at Rs 1,079, Rs 1,052.5, and Rs 1,068.5, respectively. Rates differ from state to state depending on the local VAT
On Thursday, in Virudhunagar district of Tamil Nadu as many as two people were died and three were injured after getting electrocuted.
The incident happened on Thursday morning when the chariot of Ganesh came in contact with live electric wires, informed by District collector to the agencies.
He further said, The scenario happened in the Sokkanathur Puttur area near Rajapalayam in Virudhunagar district.
Collections from Goods and Services Tax (GST) rose 28 per cent to Rs 1.43 lakh crore in August, the Finance Ministry said on Thursday.
GST collection has remained over the Rs 1.4-lakh-crore mark for the sixth straight month in August.
“Better reporting coupled with economic recovery has been having a positive impact on the GST revenues on a consistent basis,” the ministry said in a statement.
The gross GST revenue collected in August 2022 stood at Rs 1,43,612 crore of which Central GST is Rs 24,710 crore, State GST is Rs 30,951 crore, Integrated GST is Rs 77,782 crore (including Rs 42,067 crore collected on import of goods) and cess is Rs 10,168 crore (including Rs 1,018 crore collected on import of goods), the ministry said.
The revenues for the month of August 2022, registered 28 per cent increase than the GST revenues of Rs 1,12,020 crore collected in August 2021.
NIA announces reward of Rs 25 Lakh on Dawood Ibrahim, Rs 20Lakh on Chhota Shakeel 10
The National Investigation Agency (NIA) on Thursday declared a cash reward of Rs 25,00,000/- against the fugitive ‘Global Terrorist’ Dawood Ibrahim and his close associates. A press note that was released by NIA on August 18, 2022, said Dawood Ibrahim who has been designated as a “Global Terrorist” by the United Nation under United Nations Security Resolution 1267 and also listed under the Fourth Schedule of the UAPA Act, 1967 runs an international terrorist network, namely D-Company.
The press note further stated, “Ibrahim and other associates of him are involved in various terrorism, and criminal activities such as arms smuggling, Narco terrorism, underworld criminal syndicate, money laundering, circulation of Fake Indian Currency Notes (FICN), unauthorized possession and acquisition of key assets for raising terror funds and is working in active collaboration with the international terrorist organization including Lashkar-e-Taiba (LeT), Jaish-e-Mohammad (JeM) and Al Qaeda (AQ).”
Moody’s Investors Service on Thursday slashed India’s economic growth projection for 2022 to 7.7 per cent, citing dampening of economic momentum in coming quarters on rising interest rates, uneven monsoon, and slowing global growth.
This is a sharp 1.1 percentage points cut from the growth projection of 8.8 per cent for current year made in May by Moody’s.
The Indian economy grew 8.3 per cent in 2021 after a 6.7 per cent contraction in 2020, the year when the pandemic struck the country.
In its update to Global Macro Outlook 2022-23, Moody’s said India’s central bank is likely to remain hawkish this year and maintain a reasonably tight policy stance in 2023 to prevent domestic inflationary pressures from building further. “Our expectation that India’s real GDP growth will slow from 8.3 per cent in 2021 to 7.7 per cent in 2022 and to decelerate further to 5.2 per cent in 2023 assumes that rising interest rates, uneven distribution of monsoons, and slowing global growth will dampen economic momentum on a sequential basis, “ Moody’s said.
Moody’s projections came a day after India released its GDP estimates for June quarter as per which the economy expanded 13.5 per cent in the three-month period. This was higher than 4.1 per cent GDP growth clocked in January-March.
Moody’s said high-frequency data for the Indian economy shows strong and broad-based underlying momentum in the first four months (April-July) of fiscal year 2022-23. As per official GDP estimates, the economy expanded 13.5 per cent in April-June 2022-23, higher than 4.10 per cent growth clocked in previous March quarter. Moody’s said services and manufacturing sectors have seen robust upswings in the economic activity, according to hard and survey data, such as PMI, capacity utilization, mobility, tax filing and collection, business earnings and credit indicators.
However, inflation remains a challenge with the RBI having to balance growth and inflation, while also containing the impact of imported inflation from the year-to-date depreciation of the Indian rupee against the US dollar of around 7 per cent .
India’s economic growth before the COVID-19 shock had materially slowed because of the impact of corporate-sector deleveraging on business investment. “With the deleveraging complete, corporate-sector investment is showing early signs of a pick-up, which could provide support to a continued business cycle expansion through several quarters, supported by investment-friendly government policies and the rapid digitization of the economy,” Moody’s added.
With regard to inflation, Moody’s expects inflationary pressures to weaken in July-December period of current year and further in 2023.
A quicker let-up in global commodity prices would provide significant upside to growth. In addition, economic growth would be stronger than what is being projected for 2023 if the private-sector capex cycle were to gain steam, it added.
Although inflation eased slightly to 6.7 per cent in July, it remains above the central bank’s target range of 2-6 per cent for the seventh straight month.
The RBI forecasts that inflation will remain high into 2023 and has hiked rates three times this year to 5.4 per cent to tame inflation.
“The central bank is likely to remain hawkish this year and maintain a reasonably tight policy stance in 2023 to prevent domestic inflationary pressures from building further, “ it added.
On downward revision in growth forecast, Moody’s said the outlook continues to weaken, particularly as financial conditions have tightened following moves by central banks to tamp down persistent inflation.
“Our revised projections reflect the significant deterioration in the outlooks of several major economies since the start of the year. After 5.9 per cent GDP growth in 2021, we now expect growth of the G-20 economies to decelerate to 2.5 per cent in 2022, followed by 2.1 per cent in 2023,” it said.
For China, the GDP growth forecast has been pegged at 3.5 per cent for 2022, lower than 4.5 per cent forecast in May. In 2023, China’s economy is estimated to grow 4.8 per cent.
Moody’s said the global economy faces risks from the Russia-Ukraine conflict, and risk of further energy stocks remains high.
It said global trade in durable goods and commodity prices are set to soften and a pullback in goods demand is underway.
Railways Police shattered a job racket in New Delhi on Wednesday. Five people were arrested for imitating trainee ticket examiners
The case has been registered at the New Delhi Railway Police station under sections 419, 420, 468 and 471 of the Indian Penal Code (IPC) and under sections 147 and 149 of the Indian Railways Act.
The racket had inter-state network and consequences, all of which stand evacuate now, said Railways Police.
Many other members who involved in the racket, operating from different states, are also under the Police radar.
“With the arrest of 5 persons impersonating trainee Ticket Examiners, a railway job racket having an inter-state network and ramifications has been unearthed. Many other syndicate members operating from other states are also on the radar”, Harendra K Singh, DCP Railways told to the agencies.
4 labourers injured after car runs over them at bus stand in Thane 14
Four labourers sleeping near a canteen at a bus stand here were injured when a car ran over them, police said on Thursday. The incident took place around 2.30 am on Wednesday at the state transport bus stand in Kalyan town of Maharashtra’s Thane district and no arrest has been made so far, they said. The four labourers, in the age group of 30 to 60 years, were sleeping on a pavement near the canteen when the speeding car ran over them, an official from Mahatma Phule police station in Kalyan said. Following the incident, some others sleeping there woke up and rushed the injured persons to a nearby hospital where they are currently undergoing treatment, he said. The car driver has been identified, but it is not yet known if he was driving under the influence of alcohol, the official said.
