Citizens' Issues
Over two dozen die in Uttar Pradesh on Holi
The police said that most of the deaths in road accidents were result of rash, careless and drunk driving
 
Despite heavy security and precautions taken by the administration, more than two dozen people were killed in Uttar Pradesh on Holi, police said on Friday.
 
While five people were killed in road accidents in Lucknow, nine died in an accident in Bulandshahr and the remaining were killed during brawl or drunk driving.
 
The police said that most of the deaths in road accidents were result of rash, careless and drunk driving.
 
In central and western Uttar Pradesh, clashes between groups over trivial issues also led to some deaths.
 
As many as 252 people were injured in road accidents on Holi. A majority of the injured people suffered head injuries, fractures and open wounds, an official told IANS.
 
At the trauma centre in Lucknow, the neurology department was full as most of the patients were rushed with head injuries due to riding without wearing a helmet. The Ortho wards were also occupied in the city.
 
However, the Director General of Police headquarters in the state has put the toll at 14.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
 

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COMMENTS

srinivas

8 months ago

The Headline shows your sick mind. The accidents do not have any relation to Holi, they are result of rash driving. But your title says deaths are result of Holi. What a pathetic reporting. :(

Nifty, Sensex uptrend continues – Weekly closing report
Nifty will head higher as long as it remains above 7,600
 
The positive momentum of past three weeks was carried forward this week as well. Indian indices closed higher in the range of 1% to 2%. Last week, we had mentioned Nifty has to stay above 7,550 for the index to head higher. For the three day week ended 23 March 2016, the index stayed much above this level. The trends of the major indices in the Indian stock markets over the week’s trading are given in the table below:
 
 
The week began with the Nifty opening marginally higher and managed to stay above Friday’s close for the entire session on Monday. Nifty closed 1.31% higher at 7,704. Finance Minister Arun Jaitley on Sunday defended the government's decision to slash interest rates on PPF and national small savings, saying this will help transform the economy from a "sluggish" state to an "efficient" one. India's current account deficit (CAD) dropped to $7.1 billion or 1.3% of GDP in the third quarter of 2015-16 on account of narrowing trade deficit, Reserve Bank of India (RBI) said on Monday.
 
On Tuesday, Nifty managed to stay above the support of 7,600 and closed higher, although marginally. Nifty closed at 7,715 (up 0.14%). Weak global cues affected the positive momentum. The market was trading under the shadow of news of potential US rate hike, coupled with negative Chinese indices and profit booking.
 
On Wednesday, Nifty traded in the negative for almost the entire session but managed to close flat with a positive bias. Nifty closed at 7,717 (up 0.02%). The top loser on the index, Reliance Industries, fell after media reports suggested that its telecom arm Reliance Jio Infocomm might delay the launch of its much-awaited mobile broadband service (4G) to the end of this calendar year.
 
Global credit rating agency Standard & Poor's (S&P) reportedly said in a latest report on Indian banks that stand-alone credit profiles and ratings on some PSU banks could get lowered, given their weakening asset quality and capitalisation.
 
The stock market remains shut on Thursday, 24 March 2016, on account of Holi and again on Friday, 25 March 2016, on account of Good Friday. Most global stock markets will be closed on account of Good Friday.

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Government may consider stake sale in Air India: Report
According to reports, the government may appoint a committee to examine stake sale in Air India for meeting its revenue targets for next year
 
The government may examine the possibility of selling up to 49% of its stake in national carrier Air India, says a report from NewsRise citing an unnamed official.
 
According to the report, the government is planning to set up a committee, comprising four to five members from the finance ministry, ministry of civil aviation as well as cabinet secretariat and Air India that will discuss the asset sales for meeting the revenue targets in FY2017.
 
Few days ago, Mahesh Sharma, state minister for civil aviation told the Rajya Sabha that the national carrier is expected to make an operational profit of Rs8 crore by the end of this fiscal. RN Choubey, the secretary of civil aviation too had told reporters in Hyderabad that Air India will make a net profit in 2019.
 
During the April-September period, the airline reduced losses by half to Rs1,245 crore. Net losses are now projected to decrease by more than half to Rs2,636 crore in the 2016 financial year from a year ago. However, it still has accumulated losses of over Rs35,000 crore and a debt of over Rs45,000 crore. 
 
Air India, after ruling the skies for several decades is now positioned at third place behind private carriers, IndiGo and Jet Airways.  

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COMMENTS

Ramesh Poapt

8 months ago

i was a Tata enterprise decades back.Why the same was taken over by Govt? Anyway, it will save billions of public money every year. it is a proverb,jaha raja(sarkar)vypari, waha praja bhikhari..! and pro-aviation policy has already begun..

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