- Prime Minister
Narendra Modi to inaugurate the UP Investors Summit in Lucknow this morning.
- CBI detains
Rotomac pen promoter Vikram Kothari in a loan default case; Agency arrests Vipul Ambani and four senior
executives of Nirav Modi's Firestar International in the PNB fraud case.
- Police detains
AAP MLA Prakash Jarwal for assaulting Delhi Chief secretary.
- Cabinet gives
approval for creation of National Urban Housing Fund of 60 thousand crore
- In Sports,
Saweety Boora and Meena Kumar Devi enter
semifinals of Strandja Memorial Boxing in Sofia Bulgaria.
- And, In a
crucial T-20 International, Indian women face South Africa in Centurion today.
Prime Minister Narendra Modi will inaugurate the UP
Investors Summit in Lucknow today. The mega event, organised by the Yogi
Adityanath government, is aimed at showcasing investment opportunities and
potential across various sectors in Uttar Pradesh. The Summit will bring
together head of states and governments, ministers, leaders from the corporate
world, senior policy makers, heads of international institutions and
academicians from around the world. UP Chief Minister Yogi Adityanath has said
that more than 700 MoUs have already been finalised ahead of the Summit.
"सात सौ से अधिक एमओयूएस अब तक फाइनलाइज हो चुके हैं। व्यापक पैमाने पर यहां पर निवेश होने जा रहा है। 22 के बाद हमारे दो टीमे काम करेंगे। एक वन डिस्टिक वन प्रोडक्ट की योजना को बेहतर तरीके से उसका प्रस्तुतिकरण उसको ले जाना है और दूसरा, जो यहां पर एमओयूएस होंगे इनवेस्टर समिट में उसको फॉलोअप करना और उसके माध्यम से निवेश को सत-प्रतिशत प्रदेश के अंदर लागू करना।"
Our correspondent has filed this report:
"More than 7,000 delegates are scheduled to
attend the summit and over 100 speakers will be addressing gatherings. Union
ministers Rajnath Singh, Nirmala Sitaraman, Ravi Shankar Prasad, Smriti Zubin
Irani, Piyush Goyal and Dharmendra Pradhan, among others, will attend the
two-day event. President Ram Nath Kovind will address the valedictory function
on the second day. Representatives from Mauritius, Japan, the Netherlands,
Finland, Czech Republic, Thailand and Slovakia will also participate in the
event. Uttar Pradesh government has formulated industrial policy to attract
investment after reviewing policies of various states. The focus of the summit
will be on the key sectors like farming, dairy, information technology, civil
aviation, tourism, electronics, MSME, and renewable energy that will get
investment, apart from that sectors like logistics, textiles and garments will
also get investment. The goal is to create 10 lakh jobs in next five years and
to develop under-developed regions. Sushil Chand Tiwari, AIR NEWS, Lucknow."
Bureau of Investigation, CBI has detained Kanpur based Rotomac pen promoter
Vikram Kothari in connection with an over 3600 crore rupee loan default case.
The agency has lodged a case on a complaint from Bank of Baroda against
Kothari, his family members and three Directors from the company.
We have a detailed report:-
"Kothari families’ bank details, property
documents, pen drives, laptops have been seized by the investigative agency
along with their passports. Searches were conducted for two days at the
residential and official premises of the accused at Kanpur. Investigation is
still continuing and investigating agency opened lockers at different banks of
Kothari family in the presence of his wife yesterday. Enforcement Directorate
has also lodged a case of money laundering against Kothari. A team of ED has
also assessed documents and records seized from his Tilak Nagar residence.
Sunil Shukla, AIR News, Gorakhpur."
In an another
development the Central Bureau of Investigation, CBI, has arrested Vipul Ambani
and four other senior executives of Nirav Modi and Mehul Choksi's companies in
Punjab National Bank (PNB) fraud case. On Monday, agency had questioned Vipul
Ambani who is the chief financial officer of Nirav Modi's Firestar
International. The other arrested persons are Kavita Mankikar, who is the
authorised signatory of three accused persons, senior executive of firestar
Arjun Patil, CFO of Nakshatra and Gitanjali group Kapil Khandelwal and Manager
of Gitanjali group Niten Shahi.
Meanwhile, a special CBI court in Mumbai has sent
three officials of the PNB to police custody till 3rd of next month. The
officials, Bechhu Tiwari, Yashwant Joshi and Praful Sawant, working with Brady
House branch of the bank in Mumbai, were arrested on Monday in connection with
over 11 thousand crore rupee PNB scam.
The Reserve Bank of India, RBI, has set up a committee
to look into the factors leading to increasing incidents of bank frauds. It
will be headed by RBI board member Y H Malegam, who is also a former president
of Institute of Chartered Accountants of India. The committee will also look
into reasons for high divergence in NPA classification and provisioning by
The move comes a week after Punjab National Bank said
it has fallen victim to over 11 thousand crore rupee fraud, at the centre of
which is billionaire jeweller Nirav Modi.
In a statement, RBI said it had alerted banks thrice
on potential malicious use of SWIFT infrastructure since August 2016, advising
them to implement the safeguards detailed in the RBI’s communications, for
pre-empting such occurrences. The statement further said that banks have,
however, been at varying levels in implementation of such measures. SWIFT (Society
For Worldwide Interbank Financial Telecommunication) is an infrastructure to
provide secure financial messaging services across the globe.
Delhi Police last night detained AAP MLA Prakash
Jarwal for allegedly assaulting Delhi chief secretary Anshu Prakash at Chief
Minister Arvind Kejriwal's residence. Police said, Jarwal was sitting on the
left of the chief secretary while MLA Amanatullah Khan was on the other side.
Two had started the attack by raining blows on Mr Prakash. More from our
"Delhi chief secretary Anshu Prakash yesterday
filed an FIR against Amanatullah Khan and others for manhandling him, during a
meeting at the chief minister's home on Monday night. Delhi Police registered a
case under relevant sections of the Indian Penal Code pertaining to wrongful
restraint, criminal intimidation, causing hurt, criminal conspiracy, insult and
obstructing a public servant from discharging his duty. Jarwal was not named in
the FIR and was identified through a photograph shown to the chief secretary.
Police said, Amanatullah has gone underground and a hunt is on to nab him.
Meanwhile, Home Ministry yesterday sought a report from Delhi Lieutenant
Governor Anil Baijal on the issue. With Shashank Kumar, Report, Sanjeev
Jasrotia, AIR News Delhi."
The Cabinet has
given its approval for creation of National Urban Housing Fund of 60 thousand
crore rupees. The fund will be situated in the Building Materials and
Technology Promotion Council under the Ministry of Housing and Urban Affairs.
The approval will facilitate raising requisite funds in the next four years so
that flow of Central Assistance under different verticals is sustained and
construction of houses to address the gap in the Urban Sector progresses
smoothly. The Ministry has so far sanctioned 39.4 lakh houses under Pradhan
Mantri Awas Yojana (Urban).
There has been a
very good response from the States and nearly 2 to 3 lakh houses are being
sanctioned every month.
Industry Minister Suresh Prabhu has emphasised that special and differential
treatment remain a critical aspect of the WTO's framework and that this is
non-negotiable for India. Addressing a brainstorming meeting on WTO in New
Delhi, Mr Prabhu said, while some of the new issues being raised by other
countries may also be of relevance to India but existing issues such as agriculture
and livelihood issues areextremely important for the country. He emphasised the
critical importance of the WTO and drew attention to the Prime Minister's
remarks at Davos on the importance of multilateralism.
In Uttar Pradesh, ruling BJP MLA from Noorpur in
Bijnore district Lokendra Chauhan died this morning in a road accident. Police
sources told AIR that two of his security personnel were also killed in the
accident. The accident happened when his car was hit by a speeding truck on
national highway 24 in Sitapur district. He was on the way to Bijnore from
Canadian Prime Minister Justin Trudeau in Mumbai said
that ties between his country and India will not move ahead only on the
political front and that there there are so many different ways both nations
can engage themselves. On a day-long visit to Mumbai yesterday, he said the
close ties between India and Canada and the incredible opportunities is what
this trip is about. He said it is not a trip for handshakes and photo-ops.
Sri Lankan President Maithripala Sirisena has said
that his government will finalize a new economic program for the country by
next week. Chairing a meeting of the National Economic Council, Mr. Sirisena
had detailed discussions on the rapid changes required in the country and the
short term and long term programmes needed to speed up economic development. Prime
Minister Ranil Wickremesinghe, senior ministers and officials were present at
The Council was appointed by President Sirisena last
year to take policy decisions for economic development.
"The decision to formulate a new economic
program is a sequel to ongoing tensions between the two constitutional
authorities in Sri Lanka. Earlier, Prime minister Ranil was chairing cabinet
committee on economic management which took all crucial economic decisions.
President Sirisena former NEC few months back to take over economic
decision-making. The rivalry has further intensified after local body polls
this month where parties of both leaders fared badly. President Sirisena
suggested Ranil to take responsibility for the defeat and step down but latter
refused. Sri Lankan President has sought Supreme court opinion on whether he
can remove a government or not. Santosh Kumar, AIR News, Colombo."
And now news from the world of sports:-
Former world silver-medallist Saweety Boora and Meena
Kumar Devi assured themselves of medals by entering the semifinals at the 69th
Strandja Memorial Tournament in Sofia, Bulgaria. Meena defeated Italian Giulia
Lamagna in 54 kg category to make the last-four stage and Saweety, outpunched
American Leah Cooper in her quarterfinal bout in 75 kg category. In women's
cricket, Indian eves are on the brink of history when they face South Africa in
the fourth Twenty20 International match at SuperSport Park in Centurion today.
A win in Centurion would give India an unassailable 3-1 series lead, making it
the first time that India women have won two series on a single tour of South
Africa. India had clinched the three-match ODI series 2-1, and will now look to
wrap up the T20 International series. And in Men's cricket, the second Twenty20
International of 3-match series between India and South Africa will be played
at SuperSport Park in Centurion today. The match will start at 9:30 PM Indian
time. India lead the series 1-0 after they won at Johannesburg by 28 runs.
Abhishek Kumar, Sports Desk."
- The flash point in the Delhi Government after state
Chief Secretary Anshu Prakash was assaulted by a few AAP MLAs during a meeting
at Chief Minister Arvind Kejriwal's residence, is the prominent headline in
today's newspaper. The Indian Express headline reads "Crisis in Delhi: Chief
Secretary alleges assault by AAP MLAs at midnight meeting, party files
complaint against him". Hindustan
Times reports that the incident occurred as he refused to comply with their
demands of releasing certain TV adds. The Times of India headlines
"Secretariat turns into battlefield".
- Breaking his silence over the 11,400 crore rupee
PNB-Nirav Modi fraud, Finance Minister Arun Jaitley yesterday blamed lack of
ethics in a section of business, auditors and bank management for the challenge
being faced by the banking system, writes The Tribune. Hindustan
Times reports that Nirav Modi has written to his staff "Look for jobs,
I can't pay you".
- The Times of
India writes "Nobody knows whether Nirav Modi will
ever repay the multi-million rupee loan he took from PNB, but a car loan of
5,000 rupees taken by former Prime Minister Lal Bahadur Shastri from the same
bank - was repaid after his sudden death by his widow Lalita from her pension,
according to son Anil Shastri".
- "Maldives on a collusion course with India"
is a Hindu headline. The Maldives Parliament or Majlis has cleared
an extension of the current state of emergency by 30 days, defying India's
message asking it not to extend the state of emergency.
- "Unique numbers to track children" writes Hindustan Times on its
front-page. The government plans to give
children born India unique numbers, which will be used to track the holistic
development of children in education, health and jobs without biometric capture
involved. The database will track the
child from birth till the child gets employment.