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External Affairs Minister S Jaishankar meets Nigeria's UN envoy Tijjani Muhammad-Bande

New Delhi: External Affairs Minister S Jaishankar met Permanent Representative of Nigeria to United Nations, Tijjani Muhammad-Bande, here on Sunday.

Jaishankar assured the Ambassador of India's full support in the workings of the United Nations General Assembly (UNGA), ahead of the latter's succession as the President of the Assembly's 74th session.

"Pleased to meet Permanent Representative of Nigeria to UN @BandeTijjani. Happy he has kept up the tradition of such visits. Glad to note the alignment of our priorities and goals. Assured him of India's full support in the working of the UNGA," Jaishankar wrote on Twitter.

According to media reports, Bande was elected as the President of the General Assembly in June and will succeed incumbent Maria Fernanda Espinosa later this month.


Rio-Paris crash relatives finger Airbus in new report

Paris: Relatives of victims of the 2009 Rio-Paris air crash have provided evidence they say supports their claim that Airbus knew of problems with an onboard instrument five years earlier, it emerged Sunday.

They provided a report on August 8 to judges investigating the crash pending a possible trial for manslaughter and negligence, said a source for the association representing loved ones of the 228 people aboard Air France flight AF447, confirming a report in Le Parisien newspaper.

The news comes a decade into a legal wrangle and weeks after French prosecutors recommended that only Air France face trial over allegations that it had known about the instrument problem on its Airbus A330 plane.

The carrier did not tell pilots how to resolve the issue, according to an investigation document seen by AFP.

Flight AF447 plunged into the Atlantic during a storm on June 1, 2009, and a defect with the plane's Pitot tubes -- which enable pilots to monitor their speed -- was found to be the cause.

On the night of the crash it is alleged the tubes frosted over and caused the speed sensors to freeze up, according to a probe undertaken in November 2004 for Thales, the tubes' manufacturer.

A report stated that an ill-prepared crew failed to react correctly when the plane stalled and lost altitude.

The 2004 report now before investigators compared the state of degradation between a tube made by US firm Goodrich and one from Thales which had each undergone about 10,000 flying hours.

The Goodrich tube "barely degraded" whereas the Thales tube showed "catastrophic corrosion," said the report, citing an expert who recommended modifications to the hardware.

The instruments blamed for the crash of AF447 had clocked up some 19,000 flying hours.

It took two years to find the wreckage of the plane, eventually located by remote-controlled submarines at a depth of 3,900 metres (13,000 feet) off Brazil.

To the consternation of civil parties, prosecutors in July recommended dropping the case against Airbus despite demands from victims' families that the aircraft manufacturer also be held accountable. Airbus and Air France had been charged with manslaughter in 2011.

Investigating magistrates overseeing the case must now decide whether to follow prosecutors' recommendations and bring the case to trial.

"Airbus, which is participating in the certification of its equipment, could not ignore this warning," according to Daniele Lamy, chairman of the relatives' association.

It was not even known if the faulty part on AF447 had been recovered and analysed, Lamy said, adding: "it is as if the crime weapon were missing." She added:

"Our objective is not to condemn Airbus and Air France, that is for justice to decide. But with there being reports in the file that implicates them, at least they have to come to court to explain themselves.

"Airbus seems to be untouchable, it is political. But I hope the judges will have enough courage," she said. Airbus and Thales declined to comment Sunday.


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Kolkata BPO cheating youth; 3 Bengalis arrested

Hyderabad: The Cyber Crime police of Hyderabad busted a Kolkata based BPO, which defrauded hundreds of youngsters in the name of ‘online solutions’ to the tune of crores of rupees nation-wide in the past two years, was raided by the Cyber Crime police of Hyderabad.

The officials have arrested three Bengalis. According to the officials, the accused were identified as Soma Roka alias Soma Sarkar, 26, Arnab Sur, 26, and Md. Imran, 23. They were running a call center by hiring 20 women tele-callers in the name of online dating.

The gang was operating a call center in the name of ‘Saha Enterprises’ at number 4, Ho-ChiMinh Sarani in Kolkata, West Bengal and has cheated a Hyderabadi local who paid over Rs 1 lakh.
Additional DCP of Cyber Crimes, KC S Raghu Vir said, “The arrest was made following a complaint received on May 7 from a victim here, who stated that he received a call from a number and the caller introduced herself as Ritika, from love arts and claimed that they will provide girls for online dating. Upon showing interest, they told him to pay Rs 1,025 for registration and also to pay Rs 18,000 non-refundable amount, along with providing photos and address particulars for membership”.

Threatening employees

However, after collecting the information, they again called and threatened the victim saying that their photos and IDs are available in online dating sites and the police will come to catch them and further demanded him to deposit Rs 75,000 to evade legal complications.

“When he paid the said amount, they again asked him to deposit Rs 1.20 lakh. That’s when he approached us and we took up an investigation” added the official.

Cyber Crime cell of Hyderabad raided BPO in Kolkata

On August 22, the team of Cyber Crimes Hyderabad headed to Kolkata and based on technical evidence, raided the call centre and arrested the trio and also served 41 A CrPC notices to other 16 telecallers and seized a laptop, three smartphones, 35 basic mobiles and other documents of victim application forms, tele-callers SOP and diaries.

The seized items, along with the accused were produced before the court in Kolkata for transit remand.

Authored by Mohammed Hussain,

Ayodhya: Akhara, Ram Lalla will ‘stand’ or ‘fall’ together: SC

New Delhi: Claiming that both the parties will “stand” or “fall” together, the Supreme Court on Monday said, Hindu body ‘Nirmohi Akhara’ is “unnecessarily” opposing the plea of deity ‘Ram Lalla’ for the title of disputed Ram Janambhoomi-Babri Masjid land.

A five-judge constitution bench, headed by Chief Justice Ranjan Gogoi, criticised the submission of ‘Akhara’ in which it opposed the plea filed by Ram Lalla saying that being the ‘shebait’ (devotee), only its lawsuit was maintainable. It submitted that the case filed by deity ‘Ram Lalla Virajman’, through next friend Deoki Nandan Agrawal, should not be allowed.

While hearing the arguments on the 12th day of the decades-old, politically sensitive case the bench observed “There is no conflict between your [Akhara’s] suit and the suit filed by plaintiff number 1 (Ram Lalla)… Even if the suit of plaintiff (deity and others) is allowed, your right as ‘shebait’ stands.” Hindustan Times quoted.

The bench, comprising Justices S A Bobde, D Y Chandrachud, Ashok Bhushan and S A Nazeer added, “You [Akhara] can claim your ‘shebait’ right independently. Unnecessarily, you are entering into the conflicting territory. It is for Sunni Waqf Board to do that”

Asking the senior advocate Sushil Jain, appearing for ‘Nirmohi Akhara’, that if the lawsuit of the deity was disallowed then for whom will the Akhara be ‘shebait’ of, the bench asked him to apprise it of the view of ‘Akhara’ on Tuesday as to whether it was still seeking dismissal of the lawsuit filed by the deity and others.


RBI okays transfer of Rs 1.76 lakh cr to GoI

Mumbai: The Central Board of the Reserve Bank of India (RBI) on Monday accepted the Bimal Jalan panel recommendations and decided to transfer Rs 1.76 lakh crore in dividend and surplus reserves to the Government of India.

The Central Board has decided to transfer a sum of Rs 1,76,051 crore to the Government of India comprising of Rs 1,23,414 crore of surplus for the year 2018-19 and Rs 52,637 crore of excess provisions identified as per the revised Economic Capital Framework (ECF) adopted at the meeting of the board on Monday.

Central Board accepts all recommendations of Jalan panel

The Central Board has accepted all the recommendations of the Jalan panel and finalised the RBI’s accounts for 2018-19 using the revised ECF to determine risk provisioning and surplus transfer.

The entire net income of Rs 1,23,414 crore for the year 2018-19, of which an amount of Rs 28,000 crore has already been paid as interim dividend, will be transferred to the Government of India. This is in addition to the Rs 52,637 crore of excess risk provisions which have been written back and will be consequently transferred to the government, an RBI statement said.

The panel recognised that RBI’s provisioning for monetary, financial and external stability risks is the country’s savings for a ‘rainy day’ (a monetary/financial stability crisis) which has been consciously maintained by the RBI in view of its role as the Monetary Authority and the Lender of Last Resort.

This risk provisioning made primarily from retained earnings is referred to as the contingent risk buffer (CRB) and has been recommended to be maintained within a range of 6.5 per cent to 5.5 per cent of the RBI’s balance sheet.

The panel has recommended a surplus distribution policy wherein the Central Board will decide on the level of risk provisioning to be made to the extent necessary and only the residual net income (if any) will be transferred to the government.

Types of RBI reserves

The various types of RBI reserves are contingency fund, asset development fund, currency and gold revaluation account and investment revaluation account.

The contingency fund represents the provisions made for unforeseen contingencies while the currency and gold revaluation account represents unrealised market-to-market gains or losses.

The RBI maintains various types of reserves to cover various risk provisioning for market risk, operational risk, credit risk and contingency risk.

The RBI, in consultation with the Government of India, had constituted an expert committee to review the extent of ECF of the RBI under former central bank chairman Bimal Jalan.


Man thrashed on suspicion of child lifting

Meerut: Eight people were arrested for allegedly thrashing a man on suspicion of being a child lifter in Shahjahanpur area here on Sunday, police said.

Misunderstanding led to crime

According to the police, Azad, a resident of Haryana’s Bhiwani, was in Shahjahanpur town under Kithor police station limits to sell herbs on the day when some people mistook him for a child lifter and thrashed him.

Accused arrested based on video evidence

“A video of the incident went viral on social media platforms. We identified the accused seen in the video and arrested them,” SP City Akhilesh Narayan Singh told reporters here.

A complaint was also filed by the victim, the police said.

The accused have been identified as Nadeem, Nazim, Pawan, Imran, Shahzad, Anas, Avneesh and Mustaji — all residents of Shahjahanpur.


Jio GigaFiber vs internet in USA: Here’s the price comparison

New Delhi: Recently, Reliance Industries (RIL) Chairman Mukesh Ambani announced the launch of Jio GigaFiber and said that the services would be available commercially from September 5.

Speaking to shareholders at the 42nd Annual General Meeting (AGM), Ambani said that the tariff plans would be priced between Rs 700 and Rs 10,000 per month.

The minimum amount is Rs. 700 which is less than $10.

For the same internet speed, residents of USA pays between $25 and $100. Out of the 187 bills analyzed, it was found that the average bill for the same internet speed is $65.

Benefits that come with Jio-Forever plans

It may be mentioned that after entry of Jio in the market, calls, messages and internet rates have fallen drastically. Jio GigaFiber will impact market enormously. Jio GigaFiber customers who opt for our annual plans, “Jio-Forever plans”, will get an HD (High Definition) or 4K LED television and a 4K set-top-box for free.


ED to question Raj Thackeray today, MNS leader Sandeep Deshpande detained

Mumbai: Mumbai Police on Thursday detained Maharashtra Navnirman Sena (MNS) leader Sandeep Deshpande ahead of party chief Raj Thackeray's questioning by the Enforcement Directorate (ED).

Deshpande was detained by the Shivaji Park police to pre-empt any law-and-order problem as the MNS had planned to protest against the ED summons, police sources said. Security has also been beefed up at the ED's office situated at Ballard Estate ahead of MNS leader's appearance. Police have installed barricades and is monitoring movements near the probe agency's office.

Thackeray, in a social media post on Wednesday, had expressed willingness to cooperate with the investigating agency and had requested his party workers to maintain peace and harmony. "No harm or damage should come upon any public property and the common man should not suffer in any way", read a public announcement shared by Thackeray on Twitter.

The ED has summoned Thackeray to appear before it at 10 am today for questioning in connection with a case pertaining to alleged irregularities related to Infrastructure Leasing and Financial Services (IL&FS) loan to Kohinoor CTNL. Earlier, the party had called for a bandh to protest against ED summon, which was withdrawn after Thackeray appealed his party workers to respect the legal process. The ED is probing the alleged irregularities pertaining to IL&FS Group's loan and equity investment in Kohinoor CTNL, which is one of the defaulters. Kohinoor CTNL is developing Kohinoor Square tower in Dadar (West) in Mumbai.


P Chidambaram to be produced before special CBI court today

New Delhi: Former Union Minister and senior Congress leader P Chidambaram, who was arrested by the Central Bureau of Investigation (CBI) on Wednesday night for his alleged role in INX Media case, will be produced before a special court here on Thursday.

The matter was shifted to the MP-MLA court earlier this year, after his son Karti Chidambaram, who is also an accused in the case, was elected as a Member of Parliament (MP). In 2017, the CBI had registered an FIR alleging irregularities in the Foreign Investment Promotion Board (FIPB) clearance given to INX Media to the tune of Rs 305 crore in 2007 when Chidambaram was the Finance Minister.

Based on the FIR, the Enforcement Directorate (ED) had filed a Prevention of Money Laundering Act (PMLA) case against him. Chidambaram's son Karti has also been named in the two cases. He was arrested on February 28, 2018 by the CBI and was later released on bail. The ED had also attached properties belonging to him.

On July 4, a Delhi court had allowed Indrani Mukerjea, the former head of the INX Media, to turn an approver in the CBI case. The agency had submitted that it has come across evidence in the form of conversations, which only Mukerjea is privy to and will help consolidate the case.