Women Commission asks Mumbai Police to look into rave party complaint

The State Commission for Women asked Mumbai Police to conduct an inquiry into allegations that the rights of women were violated during the raid on a rave party at Juhu

Mumbai: Maharashtra State Commission for Women (MSCW) has asked Mumbai Police Commissioner to conduct an inquiry into allegations that the rights of women were violated after police busted a rave party in the city on 20th May, reports PTI.

The commission gave the direction recently after taking cognisance of a complaint filed with it by social activist Santosh Daundkar through his lawyer YP Singh.

Daundkar has alleged that the police had drawn urine and blood samples of women (for drug tests) illegally "as there was no such provision under the Narcotic Drugs and Psychotropic Substances Act, 1985 (NDPS Act)".

He said women were searched without following the mandatory procedure provided under the Act. "There is no provision under NDPS Act to detain a person for urine and blood samples once search in person has been done."

The social activist said 'dignified' women were paraded before the media, undermining their esteem. Prescribed procedure for arrest, as laid down by the Supreme Court, not followed," Daundkar maintained.

Late last month, Police Commissioner Arup Patnaik said that 44 out of 92 people, who were rounded up from the rave party held at a plush hotel in suburban Juhu, had tested positive for drugs. These 44 were from a group of 46 men whose test results had been made public.

Among these, 27 had consumed cannabis, one had MDMA (better known as ecstasy, a drug usually taken in pill form) while 16 had consumed both the drugs, he had said.

The test results of 46 others, including two IPL cricketers Wayne Parnell and Rahul Sharma and 38 women, were awaited. Police had raided the hotel following inputs about the presence of drugs at the party. The participants were let off after their urine and blood samples were taken.

A rave party is essentially an event held without permission, usually outdoors or in basements, and is known for use of trance music, drugs and psychedelic lights.


New Tatkal booking system from today

While some zones will be operating separate counters for Tatkal tickets, others will be issuing tickets from the same counters but will provide only Tatkal tickets through these counters between 10am and 10.30am

New Delhi: Amidst rising complaints about misuse of the railway's Tatkal scheme of booking tickets, a revised scheme with additional measures to check the lacunae has come into effect from Tuesday under which passengers can book Tatkal tickets from 10am instead of 8am, reports PTI.

The revised scheme comes in the backdrop of increased number of complaints from train passengers about the misuse of the scheme and involvement of touts in cornering bulk of tickets to sell them at a premium.

No authorised agents, including agents of IRCTC and others, will be allowed to book Tatkal tickets from 10am to 12am from counters as well as from Internet.

While some zones will be operating separate counters for Tatkal tickets, others will be issuing tickets from the same counters but will provide only Tatkal tickets through these counters between 10 am and 10.30 am.

The booking of Tatkal tickets under the revamped scheme will begin on 10th July and zonal railways have been instructed to make adequate arrangement at reservation counters accordingly, said a senior Railway Ministry official.

Under the new arrangement, the booking of Tatkal tickets will start at 10 am on the previous day of journey from the train's originating station instead of 8 am at present.

Measures such as installation of CCTVs in major booking centres, barring booking clerks to carry mobile phones inside counters, display of helpline numbers for complaints, raids by the vigilance squads to prevent misuse of Tatkal facility have been taken, he said.

Earlier, advance reservation period of Tatkal scheme was reduced from two days, excluding the day of journey, to one day.

Refunds are not granted on cancellation of confirmed Tatkal tickets except in case of special circumstances like late running of train by more than three hours and cancellation of trains.

Duplicate Tatkal tickets are not issued under normal circumstances. "In exceptional cases, duplicate Tatkal tickets can be issued on payment of full fare including Tatkal charges," the official said.

Railways have also initiated steps to augment e-ticket handling capacity of its website through short-term and long- term measures.

The present e-ticket capacity is being increased from existing about 3.5 lakh bookings to around 5 lakh bookings per day in about four months, which will further be increased to about 8 lakh bookings per day in the long term.


Investors cash out Rs230 crore worth Gold ETFs in June

The prices of the yellow metal rose 34% in a year and the outflows in Gold ETF could be primarily due to profit booking

Mumbai: With gold prices soaring in June, investors preferred to make some money on their gold exchange traded funds (ETFs) with the category seeing a record outflow of Rs230 crore during the month, according to rating agency CRISIL.

"Gold ETFs witnessed monthly outflows of Rs230 crore in June, the highest in the category. According to the Association of Mutual Funds in India (AMFI), assets under gold ETFs fell by 2.2% over the month to Rs10,100 crore in June.

"The outflows from this category could be primarily due to profit booking after the price of the underlying metal rose sharply in the past one year due to global risk aversion and domestic buying," the ratings agency said in a report.

The prices of the yellow metal rose 34% in a year ended 29 June 2012, according CRISIL Gold Index.

The asset management industry saw a decline of 1.5% in assets in the month to Rs6.89 lakh crore.

"The MF industry's month-end assets under management fell by 1.5% (Rs10,500 crore to Rs6.89 lakh crore) in the reporting month, primarily due to outflows in money market funds, which witnessed cyclical quarter-end outflows due to withdrawals by corporates.

"Money market funds witnessed outflows of Rs25,100 crore primarily because corporates withdrew their short-term MF investments to meet advance tax requirements (Rs25,000-Rs30,000 crore)," the agency said.

Although the equity funds witnessed outflows during the month, its assets rose by 5.4% to Rs 1.8 trillion compared to a fall of 5.1% in May.

"The rise in month-end assets of equity funds was primarily due to mark-to-market gains from the underlying equity markets despite the category witnessing marginal outflows (Rs300 crore) in the month. The domestic equity market, rose by 7% in the month led by positive domestic and global cues," it noted.

With fund houses launching a slew of fixed maturity plans (FMPs), it wasn't surprising that the income funds saw inflows for the third consecutive month.

The category logged steady inflows of Rs1,570 crore in the month, compared with the same amount of inflows seen in May. The inflows were largely on account of FMP new fund offers, where investors are able to lock into higher yields.

"FMPs continued to garner the majority of new offers in June with as many as 55 out of the 61 new fund offers, were being FMPs, garnering Rs4,000 crore. The month-end assets of income funds rose by 1.06% to Rs3.17 lakh crore by June," it said.


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