Skip to main content

Kamal Nath is MP's new chief minister, deliberations continue for Rajasthan,Chhattisgarh

Congress president Rahul Gandhi on Thursday picked Madhya Pradesh PCC chief Kamal Nath over Jyotiraditya Scindia for the top job in MP. However, a decision is yet to be taken by the party for chief minister's posts in Rajasthan and Chhattisgarh.After rumours of infighting in Congress, both the leaders Scindia and Nath held a press conference late Thursday at the party office in Bhopal where the latter was declared the state's new chief minister. He said the date for the swearing-in ceremony will be decided after holding consultations with Governor Anandiben Patel. 


In Rajasthan, where the odds seem to favour Ashok Gehlot amid reports of Sachin Pilot standing his ground, a final decision is expected to be announced Friday morning. The Congress party has the required numbers to form the government in all three states, the elected MLAs have not been able to decide their leader. The newly-elected legislators at the Congress Legislature Party meetings yesterday authorised the party chief to take a call on who will be the CM in the three states.

After the meeting of the MLAs, Kamal Nath said he would meet the governor, Anandiben Patel,on 10.30 am on Friday to take forward the government formation process.Kamal Nath is to take oath as Madhya Pradesh chief minister on December 17 at Lal Parade Ground in Bhopal,according to news agency ANI.

For Rajasthan, he was also expected to pick Ashok Gehlot, 67, or Sachin Pilot, 41. He was in a late-night meeting with Gehlot, immediately after meeting Pilot, at the time of going to print at 12:10am. For Chhattisgarh, the decision on the next chief minister is likely to be made on Friday.

The Congress won a landslide in Chhattisgarh, clearly won Rajasthan, and edged out the Bharatiya Janata Party (BJP) in Madhya Pradesh on Tuesday. On Wednesday, the elected legislators of all three states passed resolutions asking Gandhi to pick their CMs. There were two aspirants in Madhya Pradesh, Nath and Jyotiraditya Scindia; two in Rajasthan, Gehlot and Pilot; and three in Chhattisgarh, Bhupesh Baghel, TS Singhdeo, and Tamradhwaj Sahu.

Labels:

Comments

Post a Comment

Popular posts from this blog

Stock Market News - Budget 2020 | Removal of exemptions in new tex regime to impact life insurers, MFs

A salaried professional opting for a lower rate of tax under the new regime will not be eligible for deductions, including insurance premium paid and ELSS investments. Removal of tax exemptions under Section 80C in the new tax regime could be a dampener for life insurance products as well as equity-linked savings schemes (ELSS) of mutual funds. In her Budget speech on February 1, Finance Minister Nirmala Sitharaman said a salaried professional opting for a lower tax rate under the new regime will not be eligible for deductions, including insurance premium paid and ELSS investments. “The removal of 80C benefit may pose a risk to new business volumes of life insurance companies,” said Kotak Institutional Equities in a report. Life insurance Tax exemptions are an important incentive for purchase of life insurance. To be eligible for exemption under Section 80C, the sum assured has to be 10 times the annual premium. This is part of the Rs 1.5 lakh limit under ...
13 comments
Read more

Stock Market News - Yellow metal hits fresh record high as Iran attacks US forces

On the MCX, gold contracts for February were trading higher by Rs 562, or 1.38 percent, at Rs 41,225 per 10 gram at 0920 hours. It hit a record high of 42,278 per 10 gm. India Gold February futures hit a fresh record high on January 8 tracking gains in international spot prices which surged past $1,600 an ounce mark after Iran fired rockets at Iraqi airbase which hosts US forces that triggered risk-off sentiment. Spot prices hit their highest since March 2013 at $1,610.90 earlier in the session. US gold futures rose 2 percent to $1,605.80. “The jump in the price of what’s viewed by investors as a safer asset in times of political and economic uncertainty came after Iran’s missile attack on US-led forces in Iraq early on Wednesday,” said a Reuters report. “The attack came hours after the funeral of an Iranian commander whose killing in a US drone strike has raised fears of a wider conflict in the Middle-East,” it said. On the MCX, gold contracts for February were trading...
4 comments
Read more

Stock Market News - FDC share price at 52-week high on GMP certificate from UK health regulator

The certificate came after a recent inspection of the company's facilities in Goa. FDC  share price touched a 52-week high of Rs 222, rising more than 5 percent in the morning trade on January 3 after the company received the good manufacturing practice (GMP) certificate from the UK's health regulator. The UK's Medicines and Healthcare Products Regulatory Agency also continued with its approved status for the company's two facilities in Verna, Goa. The GMP certificate was issued after a recent inspection of the two plants. At 1018 hours, FDC was quoting at Rs 218.00, up Rs 7.30, or 3.46 percent. The share price has risen 30 percent in the last three months. GNFC share price down 2% after DoT seeks Rs 15K cr in telecom dues DoT sent the company a demand notice for Rs 15,019 crore, taking to Rs 3.13 lakh crore the amount it has sought from non-telecom companies following a Supreme Court ruling. The share price of  Gujarat Narmada Valley Fertili...
3 comments
Read more