One could call it sixth sense, but this tweet by Amitabh Bachchan seem like an eerie forecast of what Bollywood was about to witness.
@SrBachchan T 2625 – न जाने क्यूँ , एक अजीब सी घबराहट हो रही है !!
In the next 58 minutes of Amitabh’s tweet, what was feared was confirmed, Bollywood had lost a supernova. India had lost an actor par excellence… Sridevi.
The 54 year old actress began her journey as a child star at the age of 4 and leaves behind her husband Producer Boney Kapoor & daughters Jhanvi and Khushi Kapoor. The actress was at Ras Al Khaimah in United Arab Emirates to attend a wedding when she passed away. While the timeline of her final hours are unknown, many sources close to Kapoor family reveal that she may have died following a cardiac arrest. The actress was in the Emirates to attend the wedding of her nephew Mohit Marwah to stylist Antara Motiwala. The actress who is active on social media had posted several photos of the the wedding online. Actress was at her graceful best & looked hale and hearty in the photos, making several wonder if this death was natural or if there was something more.
What really happened ?
Sridevi was at a hotel when she fainted inside the bathroom. It is also unclear as to who found Sridevi unconscious in the bathroom. Reports further reveal that the paramedics rushed Sridevi to the hospital, however she was already dead. Cardiac Arrest is rarely seen in women, but these days post menopausal women are prone to cardiac arrest. Secondly many reports have emerged that Sridevi may have been alone at the time of her death. Boney and daughter Khushi had returned to Mumbai on February 22. However there is no clarity if they flew back to UAE or if they were in Mumbai that day.
No postmortem request?
The authorities at Dubai refused to handover the body without a post-mortem making several wonder if a request was made to repatriate the body without a post mortem. Sridevi’s death of a celebrity ‘fainting in a toilet’ only to be declared dead later is similar to several other Hollywood stars who passed away following an overdose of drugs. Well the preliminary post-mortem report could be out in the near future and hopefully it resolves the mysterious death of the 80s heart-throb.
It was an oh-so-perfect plan, but like they say- you can run, but you can’t hide from law. When businessman Nirav Modi hatched a plan to loot the second largest public sector bank in India, the plan was simple- bypass the core banking system and exploit a loophole.
Duplicitous ‘Letters of Undertakings’ (type of guarantee issued for overseas import payments) were issued by two bank officials in favour of Nirav Modi’s firms such Diamond R Us, Solar Exports and Stellar Diamonds. The employees also relayed SWIFT instructions to overseas branches of Indian Banks to raise Buyer Credit without making any formal entry.
Ni-Mo is on the run and only time will reveal if he evades law like Mallya. But, not just Nirav, there are several who conned Indians and here is list of these scamsters.
SURESH KALMADI, COMMONWEALTH GAMES SCAM
When India was to host Commonwealth Games in 2010, there was a massive buzz around it, but this excitement soon gave way to embarrassment. Suresh Kalmadi, the organizing chairman of the games was accused of corruption. Bills of common items were inflated, the cost of the games overshot the mandated budget. If that wasn’t enough, 10000 volunteers walked out just one week of the games . All in all, the scam ruined India’s image around the world.
HARSHAD MEHTA-WOLF OF DALAL STREET
In April 1992, there was blood bath on Dalal Street, courtesy the ‘Raging Bull’ Harshad Mehta who managed to con the banking system. Due to operational restrictions Indian Banks were prohibited from investing in equity market directly. But investment into Fixed Interest Bond was allowed up to a certain ratio. Harshad was aware of this loophole. He then tricked banks to invest their money into share market and promised banks higher returns. In the meantime, Harshad use the money invested by banks into his account to again buy shares. Creating an ‘inflation bubble’. He would then resell these shares and return the money to banks and the pocket the profit.
KETAN PAREKH -THE BUTCHER OF BSE
Another Dalal Street slayer, Ketan Parekh perfected the art of con. His methodology?Simple: Parekh would purchase large stakes in small market capitalization companies and would inflate their prices by trading with larger companies or traders (called circular trading). These shares were traded in a set of 10s and was colloquially knowsn as K10. Later it was learnt that several businessmen would pay Parekh to ensure the prices were inflated. This scam was busted only after Govt set up an inquiry to find out why markets tumbled in March 2001.
WATCH A VIDEO REPORT HERE
The heavy traffic en route the Kempegowda International Airport is something every passenger dreads. But all thanks to the HeliTaxii Service introduced by Kochi based Thumby Aviation, relief is in store for passengers.
The helicopter taxi services aim to ferry passengers between Kempegowda International Airport and the Electronic City within 15 minutes, a fry cry from the previous 3 hour ride to the Airport.
The HeliTaxii service due to be launched on February 21 will initially have only 2 Bell 407 choppers. These choppers are capable of carrying either 6 or 13 passenger. While one chopper ferries passengers, the second will remain on standby.
The HeliTaxii service is linked to 90 helipads across the silicon city, but as of now, clearance for operational purpose has been given to one helipad on Residency Road.
Passengers will be chauffeured from the Airport terminal to the helipad or vice-versa in a car.
The prices however could be a major factor in determining the success of this initiative. The services of this 15 minute ride have been priced at Rs 3500 + taxes for each passenger travelling between Electronic City and Kempegowda International Airport.
Not just within Bengaluru, Helicopter services will be extended to other parts of Karnataka.
Every year the city of Mumbai witnesses the Kala Ghoda Art Festival, News Caravan reporters were at the fest and click the link to watch the ground report
The political crisis in the troubled island nation of Maldives plunged further after the ruling President of the country, Abdulla Yameen placed his country under emergency for 15 days
The press release said ‘certain rights’ of the citizens would be restricted bringing in sharp criticism from world over. In fact, the former Attorney General, set aside the emergency & termed it illegal
The declaration of state of emergency in the Maldives by the president is unconstitutional and hence without any legal effect. The legal advisors of the president have wrongly advised him about the provisions in constitution relating to state of emergency.
Arrest of Former President
Post the declaration of the emergency, President Abdulla went on an overdrive and arrested the former President Maumoon Abdul Gayoom, who is also his half brother, for siding with the oppositon.
Maumoon Abdul Gayoom was the President of the island nation for 3 decades until the country’s first democratic elections were held in 2008.
Not just that, Chief Justice and other Supreme Court judges were arrested too.
How did the crisis erupt?
The current crisis emerged after the Supreme Court of Maldives over turned the conviction of 9 opposition leaders including Former president Mohammed Nasheed. This gave opposition the upper hand as they are now a majority in the Parliament as 12 other MPs were reinstated.
The panic struck government then refused to comply to the judgement following which clashes erupted in the country.
While the world is keeping a close eye on the developments, two countries who will keenly follow this is crisis are India & China. While India has diplomatic ties with Male, China could use this to strengthen it’s string of pearls & try to weaken India in Indian ocean.
In his 110 minute long address to the Parliament, one quote made by Indian Finance Minister Arun Jaitley on February 1st, during the Union Budget session made international headlines. A quote powerful enough to send markets tumbling.
WITH LESS THAN AN YEAR TO GO TO THE GENERAL ELECTIONS, FINANCE MINISTER ARUN JAITLEY PRESENTED HIS LAST FULL BUDGET IN THE LOWER HOUSE ON FEB 1ST. THE BUDGET WAS WIDELY SEEN AS A POPULIST ONE. FINANCE MINISTER PREDICTED 7.2% – 7.5% GROWTH RATE FOR SECOND HALF OF 2017-18. THE HIGHLIGHT OF THE SPEECH WAS THE INTRODUCTION OF NATIONAL HEALTH PROTECTION SCHEME AND THE RE-INTRODUCTION OF LONG TERM CAPITAL GAIN TAX, HERE ARE THE TAKEAWAYS FROM THE FINANCE MINISTER’S SPEECH:
Finance Minister Arun Jaitley is all set to present his last full budget tommorow in Parliament.
Here is a list of what India expects
Raise in upper limit of income tax ceiling
Tax relief for senior citizens
Further reduction of taxes in GST
Exemption of taxation on essential commodities like sanitary napkin, medicines and food
Reduction in corporate tax rates & Minimum Alternative Tax
Remove tax on angel investors
Remove tax on digital services
Encourage micro-credit for farmers
Reduce waivers on fertilizers & allied products
Investment in micro-irrigation projects
Waive off loans on farmers
Invest in ‘in-situ’ processing units to reduce dependency on transport
Invest in cold storage plants
Revive banks with non-performing assests
Simplify procedures for insolvency
Incentives for digital monetary transactions
Encourage long term investments
Increase investment into infrastructure projects
Increase investment in waterways
Focus on Railway Infrastructure & safety
Reduce import tax on raw material
Lower GST rates on electric vehicles
Real estate sector
single-window clearance for all real estate projects
Reduce taxes on under-construction projects
Focus on sustainable, cheap housing projects
Focus on clean energy sector
Provide incentives for alternate & clean fuel
Incentives for solar projects
Reduce cess on oil and gas exploration and production
Metals and mining sector
Decrease customs duty on coking coal
Decrease in export duty on iron ore