www.thehansindia.com KURNOOL TUESDAY 4 SEPTEMBER 2018 PAGES 16 `5.00 Forecast: Broken clouds Temp: Max.34°C. Min.25°C. Humidity: 36% Sunrise: 06:05 Sunset: 06:28 SOLAR POWER INSTALLATIONS HIT HARD BY LOW TARIFFS REGION WINDOWS BUSINESS H Simultaneously published from Hyderabad | Warangal | Tirupati | Amaravati | Visakhapatnam | Khammam | Kurnool | Delhi H SPECIAL OFFICERS’ RULE LEAVES VILLAGES STARVED OF FUNDS ‘PETROL MAY TOUCH `100 PER LITRE MARK’ A child dressed as Lord Krishna breaks 'Dahi Handi' to celebrate Janmashtami festival, in Mumbai on Monday Yet another historic low for ` at 71.21 vs $ Mumbai: The Indian rupee Monday crashed to yet another historic low of 71.21, losing 21 paise at the close against the $ as nagging concerns over rising crude oil prices and trade war tensions continued to hurt forex market sentiment. It was a virtual collapse for the Indian unit during the late afternoon session despite a strong start as investors hit the panic button and even government's efforts to calm investor nerves failed to yield any result. S P5 1-nation-1-card for public transport: NITI New Delhi: India will shortly unveil a one-nation-one-card policy for public transport that will bring seamless connectivity between various modes of transport, NITI Aayog CEO Amitabh Kant said on Monday. He said a robust transportation sector was the backbone for the development of any economy, especially for a densely populated developing country like India. S P11 Petrol, diesel hit new high Demonetisation big failure, says Naidu New Delhi/Amaravati/Hyderabad: Prices of petrol and diesel, already at unprecedented levels in the country, rose for the ninth consecutive day on Monday. In the national capital, petrol was sold at Rs 79.15 per litre, up from Rs 78.84 on Sunday. In Vijayawada too, there has been a steep increase in the prices of diesel and petrol. During the last one month alone, petrol prices increased by Rs.3.77 per litre and diesel prices Rs 3.32. On Monday, petrol price was Rs 85.19 and diesel price Rs78.34. On August 3, the petrol price was Rs.82.42 per litre and diesel price was Rs.75.02. The variation of price is Rs.3.77 for petrol and Rs.3.32 for diesel in one month. Petrol has hit an all- time high of Rs 83.92 per litre in Hyderabad on Monday, while diesel price peaked to 77.39 per litre. The trend during the last one week has been one that was defying the laws of gravity. On Aug 28, the price of petrol was 82.75 per litre and that of diesel 75.72 per litre. During the last one week, the price had not come down even once. In Kolkata, Chennai and Mumbai, the fuel was priced at Rs 82.06, Rs 82.24 and Rs 86.56 per litre respectively, all a new record, against Rs 81.76, Rs 81.92, Rs 86.25 on Sunday. The surge in fuel prices is largely attributed to the rise in crude oil prices and high rate of excise duty in the country. Brent crude oil is currently priced over $78 per barrel. The recent slump in rupee also has lifted the import cost of crude oil, Pragati Nivedana spreads ‘Avedana’ among Opposition OUR BUREAU Hyderabad: A verbal war broke out on Monday between the ruling and opposition party leaders on the Pragati Nivedana Sabha of TRS held on Sunday. While the TRS party leaders said that the meeting was a huge success, the opposition parties Congress, BJP and TDP said that it was a ﬂop show with lukewarm response from the people. The TRS leaders addressed a series of press conferences at Telangana Bhavan stating that the meeting was a major success. In a tonguein-cheek comment, Minister T Srinivas Yadav said that the Congress leaders expected that the Chief Minister would attack them more and hence they were upset. “The name of the meeting itself was ‘Pragati Nivedana’, which meant presenting to the people what the government had done during the last four years. He further said that it would take hours if he began explaining all the works taken up by the government. MP B Suman lashed out at the Congress leaders for targeting the Chief Minister. Continued on Page 15 OUR BUREAU Vijayawada Hyderabad `85.19 `83.92 Diesel `78.34 `77.39 Petrol subsequently raising fuel prices. On Monday, the key transportation fuel was sold at Rs 71.15, Rs 74, Rs 75.19 and Rs 75.54 per litre in Delhi, Kolkata, Chennai and Mumbai respectively, up from the previous levels of Rs 70.76, Rs 73.61, Rs 74.77 and Rs 75.12 per litre. Diesel prices gain signiﬁcance as the fuel is used in the transportation of farm products and a rise in the prices may push up inﬂation. With fuel prices touching new levels on Monday, petroleum dealers in Tamil Nadu said they were closely monitoring the situation. "We too are concerned. We have no choice but to follow the order of oil marketing companies on dynamic pricing. In the last An employee ﬁlls fuel in a vehicle at a ﬁlling station, in Kolkata on Monday three days, the price of petrol increased by Re 1," Tamil Nadu Petroleum Dealers Association Vice President Suresh Kumar said. "The situation is precarious," he said. Meanwhile, DMK President M K Stalin ﬂayed the Centre and State governments, saying the fuel prices were "unconscionable." In a statement here, he sought to know whether it was right on part of the Centre to export fuel at cheaper rates while it was being retailed at 'exorbitant' rates in the domestic market. Stalin urged the Centre to 'reduce' the excise duty on fuel and asked the Tamil Nadu government to bring down sales tax 'immediately'. Amaravati: Taking a serious view of 99.4 per cent of demonetised currency notes returning to the Reserve Bank of India from circulation, Chief Minister N Chandrababu Naidu described it as a major policy failure of Prime Minister Narendra Modi. Naidu said: “Though I was against the circulation of high denomination of Rs 500 and Rs 1,000, the Centre, after the demonetisation, reintroduced Rs 500 and Rs 2,000 notes to which I am against.” The RBI in its recent annual report had stated that of Rs 15.4 lakh crore notes demonetised, Rs 15.31 lakh crore had returned, which indicated that the experiment to ﬂush out black money had failed. Naidu, speaking to reporters on Monday, said that Modi had pushed the country’s economy to the brink of disaster. “The Indian economy has collapsed due to the failure of NDA in introducing reforms,” he said, pointing out that any leader other than Modi would have done much better. “The people had lost faith in banking system since it became known that the banks themselves were involved in corruption during the last fourand-a-half years,” he said. “I have told Modi that it was imperative to remove from circulation higher denomination notes, if he wanted to ﬁnd an answer to hoarding of black money. But the Centre reintro- Chief Minister N Chandrababu Naidu addressing a press meet at the Secretariat in Amaravati on Monday duced high-value currency notes, this time apart from Rs 500 notes, notes of value of Rs 2,000,” he said. Though he tried to promote simpliﬁed digital transactions to eliminate role of cash, the Prime Minister did not show much interest afterwards, he pointed out. Naidu, coming down heavily on the Centre for the steep rise in the prices of diesel and petrol, said that under Narendra Modi’s dispensation, it would be no wonder if the price of petrol would touch Rs 100 per litre-mark. Continued on Page 15 HYDERABAD TWIN BLASTS VERDICT TODAY OUR BUREAU ond Additional Metropolitan Sessions Judge T Srinivas Rao adjourned the judgement in the case to September 4. The Counter Intelligence (CI) wing of the Telangana Police had investigated the case and arrested ﬁve accused who were all allegedly Indian Mujahideen operatives. The agency had ﬁled four charge Hyderabad: The Metropolitan Session Judges (MSJ) court, Nampally, will deliver its verdict on the Lumbini Park and Gokul chat twin bomb blasts case on Tuesday. The twin bomb blasts in 2007 claimed 44 lives and left 68 injured. On August 27, Sec- Cong gets slight edge over BJP in K’taka civic polls Bengaluru: Establishing a slight edge over BJP in a closely fought race in urban local bodies polls in Karnataka, the Congress is set to gain control of a majority of the ULBs, teaming up with its ruling coalition partner JDS. The Congress has secured 982 seats and the BJP 929 in the elections held Saturday, while JD(S) came a distant third with 375 seats, according to the state election commission results. The others, including 329 independents, bagged the rest of the seats in the three-way race with Congress and JDS ﬁghting against each other, despite being coalition partners. Both the Congress and JDS have declared that they would tie-up in ULBs which have produced a hung verdict. Elections were held for three city corporations, 29 city municipal councils (CMC), 52 town municipal councils (TMC) and 20 Town Panchayats (TP). Continued on Page 15 Cong winner, 9 others injured in ‘acid attack’ Bengaluru: A Congress candidate and his nine supporters were injured in a suspected acid attack on Monday during a march to celebrate his victory in the Karnataka urban local body elections. Inayatullah Khan, who won the election from ward No. 16 in Tumakuru -- around 70 km from Bengaluru, was taking out the procession when an unidentified person sprayed some liquid on the crowd and fled the scene, police said. Nearly 10 persons felt a burning sensation and were rushed to a nearby hospital where they were administered first-aid. They suffered minor injuries, among which Khan had the maximum burns on his face, Tumakaru Superintendent of Police Divya V Gopinath said. Horsley Hills to host centre for athletes • The training centre to be 1,290 metres high above sea level • SAAP accords `3.20 crore for the purpose • The centre brainchild of Special Chief Secretary of Youth Services and Sports LV Subrahmanyam • Main aim of the centre is to acclimatise players to high altitude conditions The proposed Sericulture building at Horsley Hills to provide accommodation to athletes V PRADEEP KUMAR Tirupati: The Sports Authority of Andhra Pradesh (SAAP) in its endeavour to provide a boost to sports development and create athletes to represent the State at National level, decided to set up ‘High Altitude Training Centre’ at Horsley Hills of B Kothakota Mandal in Chittoor District which is at 1,290 meters high above sea level. The government already accorded administrative sanction for Rs 3.20 crore for the purpose. It was the brainchild of Special Chief Secretary of Youth services and Sports LV Subrahmanyam, who visited the place and approved it for the purpose. The main aim of high altitude training centre is to acclimatise players to high altitude conditions. Training at high altitudes improve the performance of athletes and their capability to exercise. In the run up for any big sports events, athletes will have an added advantage of being trained at high altitudes and they will be made to stay there for several weeks. Continued on Page 15 sheets against the ﬁve accused and also named two others, Riyaz Bhatkal and Iqbal Bhatkal, who have been absconding ever since. On August 27, the court opined that as the judgement order was not yet ready it would be delivered on September 4. The court heard the case of ﬁve suspects Mo- hammed Akbar Ismail Chowdhari, Aneeq Shaﬁque Sayeed, Farooq Sharfuddin Tarkash, Mohammed Sadiq Israr Ahmed Shaik and Tarik Anjum who were produced before the court on August 27 through a video conference from Cherlapally Central Prison. Continued on Page 15
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