Chetan Ghate Succeeds Ajit Mishra as Director of Institute of Economic Growth
The Institute of Economic Growth appointed Chetan Ghate as the new director succeeding Ajit Mishra.
Ghate, who was a member of the Reserve Bank of India's first monetary policy committee between 2016-2020, is the winner of the 2014 Mahalanobis Memorial gold medal for the best research economist in the country under the age of 45.
He has a Ph.D in economics from Claremont Graduate University, California in 1999. His research areas include macroeconomics, monetary economics, economic growth and the Indian macro-economy.
Ghate has been a professor of economics at the Indian Statistical Institute (ISI), Delhi for over 18 years. He is also a member of the advisory committee of the national accounts system (ACNAS) in the ministry of statistics and programme implementation.
Mamata Reposes Faith in Abhishek by Re-appointing Him as TMC General Secretary
West Bengal Chief Minister Mamata Banerjee re-appointed her nephew Abhishek Banerjee as TMC national general secretary as she constituted the new office bearers' team, packing it mainly with old-timers loyal to her.
Two other senior leaders, Subrata Bakshi and Chandrima Bhattacharya, have also been given the vice-president's post in the organisation.
Banerjee's trusted lieutenant and Housing Minister Firhad Hakim were given the charge of coordination between her and the national working committee, while state minister Aroop Biswas has been appointed as the national treasurer.
Rajya Sabha chief whip Sukhendu Shekhar Ray and Lok Sabha MP Kakoli Ghosh Dastidar are the new party spokespersons of Parliament's Upper and Lower Houses respectively.
Feb 19, 2022
CBI Issues Lookout Circular against Former NSE Head Chitra Ramkrishna
The Central Bureau of Investigation issued a lookout circular against Chitra Ramkrishna, the former CEO of the National Stock Exchange over alleged irregularities. This comes a day after the income tax department raided the premises of Ramkrishna as part of a tax evasion investigation. Look-out circulars were also issued against another former CEO Ravi Narain and former COO Anand Subramanian.
Chitra Ramkrishna is also facing allegations of irregularities over the appointment of Anand Subramanian as NSE's group operating officer and advisor to the managing director.
Chitra Ramkrishna was the MD and CEO of the National Stock Exchange, between 2013 and 2016.
2008 Ahmedabad Serial Blasts: Special Court Awards Death Sentence to 38 Convicts
A special court awarded the death sentence to 38 convicts for three offences under Section 302 of the IPC and Section 10 and 16(1) (2) of the Unlawful Activities Prevention Act (UAPA) for their involvement in the 2008 Ahmedabad blasts, while the remaining 11 convicts got life imprisonment on similar charges.
The judgement comes 10 days after special court judge A. R. Patel declared 49 of the total 78 accused as guilty under various offences of the Indian Penal Code, including for murder, sedition and waging war against the state, as well as under offences of the UAPA and Explosive Substances Act.
On July 26, 2008, bombs went off in several parts of Ahmedabad including the state government-run civil hospital, Ahmedabad Municipal Corporation-run LG Hospital, parked bicycles, cars, buses among others. As many as 56 people died and more than 200 were injured.
The Indian Mujahideen (IM) had claimed responsibility for the attack. The explosions took place six years after the Gujarat riots in 2002.
Centre Approves Project to Connect Pillars of Criminal Justice System
The Centre approved the implementation of Phase II of the Inter-Operable Criminal Justice System (ICJS) project by the Ministry of Home Affairs at a total cost of Rs. 3,375 crore during the period from 2022-23 to 2025-26.
This phase, closely monitored by Union Home Minister Amit Shah, will be a step towards ensuring effective and modern policing.
The project will be implemented as a central sector scheme.
ICJS is a national platform for enabling integration of the main IT system used for delivery of Criminal Justice in the country. It seeks to integrate the five pillars of the system viz Police (through Crime and Criminal Tracking and Network Systems), e-Forensics for Forensic Labs, e-Courts for Courts, e-Prosecution for Public Prosecutors and e-Prisons for Prisons.
Feb 18, 2022
Congress Expels Ex-Punjab MLA Dhillon for 'Anti-party Activities'
The Congress expelled former Punjab MLA Kewal Singh Dhillon from the party for alleged anti-party activities.
Dhillon, a two-time former MLA from the Barnala constituency, was denied ticket by the Congress for the February 20 state Assembly polls.
The party has fielded former Union minister Pawan Bansal's son Manish Bansal from the Barnala seat.
Yuva Telangana Party Merges with BJP to Take on Telangana Rashtra Samithi in the State
The Yuva Telangana Party (YTP) merged with the Bharatiya Janata Party (BJP) to consolidate the voter base against Telangana Rashtra Samithi (TRS) party in the state. YTP`s founder J. Balakrishna and leader Rani Rudramadevi formally merged with BJP, in the presence of BJP General Secretary Vinod Tavde and BJP state president B. Sanjay Kumar.
Feb 17, 2022
Supreme Court Collegium Clears 16 Names for Bombay, Madras HCs
The Supreme Court Collegium recommended the names of 16 candidates for appointment as judges of Bombay and Madras High Courts. Of the 16 names recommended, 10 are for the Bombay High Court, while six are for the Madras High Court.
Ten advocates recommended for judgeship of the Bombay HC are: Kishore Chandrakant Sant, Valmiki Menezes SA, Kamal Rashmi Khata, Sharmila Uttamrao Deshmukh, Arun Ramnath Pednekar, Sandeep Vishnupant Marne, Gauri Vinod Godse, Rajesh Shantaram Patil, Arif Saleh Doctor and Somasekhar Sundaresan
The advocates recommended for judgeship at the Madras HC are Nidumolu Mala, Sunder Mohan, Kabali Kumaresh Babu, S. Sounthar, Abdul Ghani Abdul Hameed and R. John Sathyan.
Uddhav Thackeray Extends Support for Unified Opposition to KCR
Maharashtra chief minister Uddhav Thackeray extended support to his Telangana counterpart K. Chandrasekhar Rao for the latter's efforts to unite political organisations against the Bharatiya Janata Party (BJP) and the National Democratic Alliance (NDA).
Senior Sena leader Sanjay Raut had called KCR's initiative an important step in the direction of forming a stronger Opposition against the BJP-led government.
Udhampur-Srinagar-Baramulla Rail Link Project
In a breakthrough development, the main tunnel of the Katra-Banihal section, T-49, was successfully connected between Sumber and Arpinchala stations.
Once completed, the Udhampur-Srinagar-Baramulla Rail Link (USBRL) mega project will be the longest tunnel of the Indian Railways.
Tunnel T-49 of the Udhampur-Srinagar-Baramula Rail Link project is 12.75 km long.
T-49 tunnel has two tubes: the main tunnel and an escape tunnel. It has been constructed by new Austrian tunneling method (NATM), which uses a modern drilling and blast technique. The cross-section profile of the tunnel is a modified horseshoe-shaped.
Feb 16, 2022
Cabinet Approves Setting Up of G20 Secretariat
The Union Cabinet chaired by Prime Minister Narendra Modi approved the setting up of a G20 Secretariat which will be responsible for implementation of overall policy decisions and arrangements needed for steering India's upcoming G20 Presidency.
G20 is the premier forum of the 20 largest economies of the world for international economic cooperation that plays an important role in global economic governance. India will hold the Presidency of the G20 for the first time from December 1, 2022 to November 30, 2023, culminating with the G20 Summit in India in 2023. The country has been a member of the G20 since its inception in 1999.
The G20 Secretariat will be manned by officers and staff from the Ministry of External Affairs, Ministry of Finance, and other relevant line Ministries/Departments and domain knowledge experts. The Secretariat will be functional till February 2024.
Andhra Pradesh Govt. Names K. V. Rajendranath Reddy as DGP
Andhra Pradesh Government transferred Director General of Police (DGP) Gautam Sawang and appointed K. V. Rajendranath Reddy as new DGP. Reddy belongs to the 1992 batch of IPS officers and had served as commissioner of police in Visakhapatnam and Vijayawada earlier. The transfer of Sawang, who is slated for retirement in July 2023 came as a surprise though there were rumours in the official circles about displeasure of Chief Minister Y. S. Jagan Mohan Reddy over the `inability' of the police machinery in foiling `Chalo Vaijayawada' rally of the government employees who were protesting against the `reduction' in their salaries in the new pay revision a couple of weeks ago. Swang was not given any posting and was asked to report in General Administration (GAD) Deparement. He was appointed as DGP in May 2019 after the victory of the YSR Congress Party in state assembly elections.
Debashis Mitra Takes over as ICAI President; Aniket Sunil Talati Becomes VP
Debashis Mitra took over as the President of Institute of Chartered Accountants of India (ICAI) for the 2022-23 term.
Aniket Sunil Talati was elected as Vice President of the institute, which has more than 340,000 members and over 700,000 students.
Mitra, who is serving his third term in ICAI Council, has been in the accounting profession for more than 34 years. Apart from being a Chartered Accountant, he is also a Cost Accountant and a Company Secretary.
He holds a master's degree in commerce and is also a law graduate as well as a qualified Information Systems Auditor.
Talati, who has a master's degree in commerce, served as Chairman of Ahmedabad Branch of ICAI for the year 2014-15 and as Secretary, WIRC for the year 2017-18.