1. Sonia to go in for president rule in Andhra
AICC general secretary and state party affairs in-charge Digvijay Singh hinted on Thursday that the Central Cabinet would impose President’s Rule in Andhra Pradesh.
Congress president Sonia Gandhi met Mr Singh, Union home minister Sushilkumar Shinde and her political secretary Ahmed Patel, on Thursday, to take stock of the situation after the resignation of Chief Minister N. Kiran Kumar Reddy.
AICC leaders were of the opinion that in the present situation, imposing President’s Rule in the state will be the better option.
Sonia Gandhi agreed and gave the green signal for imposing President’s Rule in the state. After the meeting, Digvijay Singh told the media that the Central Cabinet will take a final decision on Friday.
When asked about the merger of the Telangana Rashtra Samiti with the Congress, Mr Singh said, “We have confidence and believe KCR’s word, what he told us in the past about merging the TRS with the Congress.”
2. AAP to field Rajmohan Gandhi from East Delhi
Mahatma Gandhi's grandson and noted academic, Rajmohan Gandhi, will be the Aam Aadmi Party’s (AAP) candidate from East Delhi Lok Sabha constituency, a seat currently held by Sandeep Dikshit, son of the former Delhi Chief Minister Sheila Dikhsit.
3. Gujarat, UP, MP netas join Jayalalithaa
Signalling its pan-India expansion, members of various parties from Uttar Pradesh, Madhya Pradesh and Gujarat joined ruling AIADMK on Thursday in the presence of party supremo and Tamil Nadu Chief Minister Jayalalithaa.
A total of 201 leaders and members of parties such as Congress, Samajwadi Party and JD(U) from Gujarat, Uttar Pradesh and Madhya Pradesh received AIADMK membership cards from Ms Jayalalithaa at the party headquarters here, an AIADMK release said.
UP JD(U) unit general secretary Rakesh Kumar, NCP leader Yogendra Kumar Pandey, SP Muzaffarnagar district secretary Bhopal Shaini and UPCC member Sanjay Shaini were among those who joined the AIADMK and the initiative for this was taken by RS MP V. Maithreyan, it said.
The development comes amid calls for a larger national role for Ms Jayalalithaa after the LS elections and days after she unveiled her party’s manifesto assuring to raise I-T exemption limit to Rs 5 lakh and extension of freebies to the entire country.
4. Country’s first post office savings bank ATM
Union Finance Minister P. Chidambaram on Thursday inaugurated the country’s first post office savings bank ATM at the Head Post Office in Thyagaraya Nagar, Chennai. The ATM was part of an Information Technology (IT) modernisation project of the Department of Posts.
A total of Rs. 4909 crore had been allotted for the modernisation in the interim budget by Mr. Chidamabaram. This the Core Banking Solutions (CBS) scheme would benefit as much as 1,55,000 post offices. The launching of the ATM was a step towards making the department a completely technology oriented one.
The ATM would run on a trial basis for six months. Afterwards, it would become an interoperable where cards of other banks could be used.
Keeping in view the future of post offices in the IT era where sending letters and post cards had become a rarity, the department was inventing new strategies to keep itself on the growth trajectory. For parcel services, people still preferred the post office.
Secretary of Department of Posts Padmini Gopinath said about 2800 such ATMs would be installed by end of 2015. Sixty-two post offices covering 64 lakh accounts had already migrated to CBS and over 26,840 post offices will adopt CBS by 2016. All account holders will be provided with an ATM card. The postal department was also toying with the idea of starting e-commerce services in rural areas to improve its earnings.
5. ICICI Bank launches ‘branch on wheels’ in Odisha
ICICI Bank today launched ’branch on wheels’ in Odisha as part its financial inclusion plan to provide banking services in remote villages in the state which are devoid of banking facilities.
6. Indian Navy Chief Resigns
Indian Navy Chief Adm. D.K. Joshi has resigned, claiming “moral responsibility” for the Feb. 26 fire of a Russian-made Kilo-class submarine, INS Sindhuratna. The government accepted the resignation with immediate effect.
7. Dinesh Sarraf appointed next ONGC chief
Dinesh Sarraf appointed as next Chairman and Managing Director (CMD) of Oil and Natural Gas Corporation (ONGC).
8. Turkish President approved the bill restricting the judicial powers
Turkish president Abdullah Gul approved the bill on restricting the judicial powers on 26 February 2014. This bill is about curbing the independence of the judicial powers.
The bill will give more control to the Justice ministry in comparison to the Supreme Board of Judges and Prosecutors. This body is an independent body which deals with the appointment of the judiciary.
In another development, the Turkish parliament approved another bill putting restrictions on internet. The law would permit the telecommunication authority to close the websites for violation of privacy. However, the authority would still need court’s approval within 24 hours. The authority would also have to obtain a court order to access records of user activity.
9. Sourav Kothari won the National Billiard Championship title
ourav Kothari won the National Billiard Championships held in Lucknow on 26 February 2014. He beat Alok Kumar by 5-3. This is the first maiden title for Saurav Kothari since he turned professional in 2007.
Sourav Kothari and Alok Kumar both play for Petroleum Sports Promotion Board (PSPB).
Third position was secured by B. Bhaskar who beat Dhruv Sitwala.
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