Daily Archive: September 5, 2017

SSC CGL 2017: Tier 1 Answer Keys to be Released on Sept 18, Result on Oct 31

New Delhi, Sep 5: The Staff Selection Commission (SSC) will declare the results of SSC CGL 2017 Tier 1 exam on October 31, 2017, and the answer keys will be released on September 18 at ssc.nic.in. The Combined Graduate Level Examination, 2017 (Tier-I) was conducted from August 5 to August 23. The candidates who had appeared in the examination can visit the website and check the answer keys and their results at ssc.nic.in.

A total of 15,43,962 candidates had appeared in the SSC CGL examination 2017. The students who clear the Tier 1 exam will go to the next level, Tier 2. The final list will be prepared on the basis of SSC criteria and SSC CGL Tier-2 result.

Government Plans to Open 6000 New Gas Agencies, Say Reports

New Delhi, September 5: The Pradhan Mantri Ujjwala Yojana (PMUY) has turned out to be one of the successful initiatives of the government. After achieving a milestone this year, the government now plans to open about 6000 new gas agencies across the nation in the coming months. Under the Ujjwala Yojana, LPG connections are being provided to poor across the country. So far, over 2.5 crore people across the country have received the LPG connections. As per reports by Dainik Bhaskar, a maximum of 1028 agencies will be opened in Uttar Pradesh. About 400 agencies will be opened in Odisha while a total of 631 agencies will be opened in West Bengal.

After the success of the Pradhan Mantri Ujjwala Yojana,  the Ministry of Petroleum and Natural Gas now has decided to take the message down to the last mile. Recently, Prime Minister Narendra Modi promoted Minister of Petroleum and Natural Gas Dharmendra Pradhan as the cabinet minister for the success of Ujjwala Yojna. The Petroleum Ministry has also started preparations to start more than 6000 new gas agencies across the country where about 99% of these agencies will be in rural areas. It has been reported that all these newly planned agencies will start working in the next 8 months. PMUY, a welfare program of the government of India was launched by Prime Minister Narendra Modi in 2016 with an objective of providing 50,000,000 LPG connections to women from families below the poverty line.

ED Seizes Misa Bharti’s #Delhi Farmhouse in Money Laundering Case

New Delhi, August 4: The Enforcement Directorate (ED) on Tuesday seized RJD chief Lalu Prasad Yadav’s daughter Misa Bharti‘s farmhouse situated in Delhi’s Bijwasan area. The sprawling building was allegedly bought by the laundered money funneled through a shell company. The documents pertaining to the property were submitted to Delhi’s Patiala House court.

The ED had conducted searches at her farmhouse in July and the premises of the firm in question. The agency is probing money laundering of several crores linked to Misa and her husband Shailesh, two businessmen brothers and Misa’s chartered accountant.

Businessmen brothers– the Jain brothers– were arrested under PMLA. It is alleged that the brothers used 90 shell companies to launder money, and Misa and her husband were directors at one such firm, named Ms Mishail Printers and Packers Private Limited. In May, ED had also arrested CA Rajesh Agarwal in the case.

Reports say that the agency detected four other shell companies bought 1,20,000 shares of Mishail Printers for Rs 100 in 2007-08. These shares were allegedly bought by Bharti for Rs 10 per share. She later allegedly sold the shares at Rs 100 to Shalini Holdings in October 2008, earning Rs 1.20 crore. She purchased the farmhouse in Bijwasan for Rs 1.41 crore, which is presently valued at Rs 50 crore.

Global #Crudeoil price of Indian Basket was US$ 51.34 per bbl on 04.09.2017

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 51.34 per barrel (bbl) on 04.09.2017. This was higher than the price of US$ 50.32* per bbl on previous publishing day of 01.09.2017.

In rupee terms, the price of Indian Basket increased to Rs. 3288.10 per bbl on 04.09.2017 as compared to Rs. 3219.57 per bbl on 01.09.2017. Rupee closed weaker at Rs. 64.05 per US$ on 04.09.2017 as compared to Rs. 63.98 per US$ on 01.09.2017. The table below gives details in this regard:

Particulars Unit Price on September 04, 2017 (Previous trading day i.e. 01.09.2017)
Crude Oil (Indian Basket) ($/bbl)              51.34           (50.32)*
(Rs/bbl)             3288.10        (3219.57)
Exchange Rate (Rs/$)              64.05           (63.98)

 

* Since Oman and Dubai prices were not available due to holiday in Singapore on 01.09.2017, the price of Indian Basket Crude oil could not be derived. Therefore, price of Indian basket as of 31.08.2017 had been considered.

 

Boy refuses to fetch cigarettes, man shoots him on pretext of clicking selfie

A 25-year-old man, who was allegedly drunk, shot an eight-year-old boy who refused to fetch a packet of cigarettes from a local shop in Ghaziabad. The bullet caught the boy in his eye and pierced into his head. He is stated to be in a critical condition at a hospital in Delhi.

Mohammad Nizamuddin, the maternal grandfather of victim Junaid, said the boy had skipped school after Eid and was at home when accused Kale, alias, Tahir asked him to fetch a packet of cigarette from a shop in Dasna locality near NH-24.

“The boy refused. Kale had been seen loitering around in a drunk state with some other men since Sunday. After saying no, Junaid came back home. Meanwhile, Kale and his friends, who were carrying a country-made weapon, started taking selfies. Just then, Junaid moved out of the house and they called him,” Nizamuddin said.

8-year-old boy ‘accidentally’ shoots himself while clicking selfie

Ghaziabad (Uttar Pradesh) [India], September 5 (ANI): An eight-year-old boy accidently shot himself in the head while clicking a selfie, in Ghaziabad.

The victim, named Junaid, and few of his friends were clicking a selfie, while holding a gun, which is when the child accidently pulled the trigger and the bullet hit Junaid’s head. Junaid’s neighbour, Kale, allegedly was in possession of an illegal gun. The eight-year-old boy, along with his friends, had decided to click a picture with the gun and post it on social media. He was immediately rushed to the GTB Hospital in Delhi where his condition was declared to be fragile. The police have taken Kale into custody. An investigation into Kale’s illegal gun and the purpose of keeping the weapon in underway.

No Information on Black Money Removed Due to Note Ban: RBI

New Delhi, September 4: The RBI has told a parliamentary panel that it has “no information” on how much black money has been extinguished as a result of demonetisation of Rs 500/1,000 notes or about unaccounted cash legitimised through exchange of currency post note ban.

Stating that an estimated Rs 15,280 crore in junked notes has come back “subject to future corrections based on verification process”, the Reserve Bank also said it has “no information” whether demonetisation is being planned to be implemented at regular intervals.

The RBI has been facing flak from the opposition parties for demonetisation and delay in disclosing figures on the junked notes, even as the government has maintained that the November 8, 2016 decision to ban Rs 500/1,000 notes in circulation at that time has helped in curbing black money, among other benefits.

Last week in its annual report, the RBI finally made public the details of the junked notes that have come back into the system putting the figure at Rs 15,280 crore. The same figure has now been shared with the Parliamentary Standing Committee on Finance.

Replying to queries from the panel, the RBI said the verification for authenticity and numerical accuracy are still on, while some of the specified bank notes (old Rs 500/1,000 notes) which were accepted by banks and post offices are still lying in currency chests.

The central bank also informed the panel that the completion of the process of verification will take time in view of the large volume involved.

The process is “going on in full swing” with most RBI offices working in double shifts and with the help of high-end verification machines, the central bank said.

“Till such time, these notes are processed by the RBI, their numerical accuracy and authenticity, only in estimation of SBNs received back is possible. Subject to future correction, based on verification process when completed, the estimated value of SBNs received as on June 30 is Rs 15.28 trillion,” the RBI said in its written reply to the panel.

To a query on how much amount of black money has been extinguished as a result of demonetisation, the central bank said, “The RBI has no information in this regard.” The RBI gave similar reply to another question on how much unaccounted money has been legitimised through exchange of junked currency.

The central bank did not give any direct reply on adverse impact on the informal and unorganised sector, as also about the GDP loss. The RBI said the deceleration in overall economic growth figures for 2016-17 had begun “much before demonetisation” due to weakness in industrial and services sector.

Last week, several members of the panel had sought redrafting of its draft report on demonetisation as the RBI at that time had not provided some crucial details including on the quantum of junked Rs 500/1,000 notes.

The acceptance of the report was deferred as member MPs across party lines including BJD MP Bhartruhari Mahtab, SP MP Naresh Agrawal and BJP MP Nishikant had said that the panel’s report on demonetisation needed to be “redrafted” while some of them stated that it “lacks punch”.

In its annual report for 2016-17, the RBI had disclosed that all but about 1 per cent of the scrapped currency notes have come back into the system.

The government had on November 8, banned old Rs 500 and Rs 1,000 notes in an attempt to weed out black money in the country. The old notes were allowed to be deposited in banks, with unusual deposits coming under income tax scrutiny.

The government replaced old Rs 500 notes with new ones, but no replacement for Rs 1,000 notes has been made. Instead, a new Rs 2,000 note was introduced post note ban.