Latest news with #Choudhary
Indian Express
9 hours ago
- Business
- Indian Express
‘Remarks made to deliberately humiliate me': Bihar minister sues Prashant Kishor for defamation over ticket-buying claims
Accusing Jan Suraaj Party founder Prashant Kishor of making 'baseless and derogatory' remarks against him and his daughter, Bihar Rural Works Department minister and JD(U) leader Ashok Choudhary on Tuesday filed a defamation suit at the Patna Civil Court. Kishor had recently alleged that Choudhary paid Chirag Paswan's Lok Janshakti Party (Ram Vilas) to secure a ticket for his daughter, Shambhavi Choudhary, who won the Samastipur Lok Sabha seat in the 2024 elections. Ashok Choudhary said Kishor made 'irresponsible remarks to deliberately humiliate me'. While Ideological differences in public life are one thing, personal attacks and public humiliation are unacceptable, he said. 'I sent him a legal notice, but his response was unsatisfactory. Today, I have filed a defamation suit in the CJM court,' Choudhary said. 'We represent a society that was long denied a voice. Our parents educated us, and we have been in politics for so long. If we remain silent, how will the poor society we represent understand what it means to fight for their rights? This mindset against backward and Dalit communities, this kind of language, must stop. You cannot just say anything,' the minister said. He demanded a public apology from Kishor, warning that he would 'pursue the case up to the Supreme Court' if necessary. 'My daughter and I have struggled to reach this position, and millions look up to us. Our society didn't even have the right to speak 40-50 years ago. If we don't fight, do you think an ordinary Dalit will stand up against such accusations? This case is to show our society that we should not fear and must use our constitutional rights against irresponsible and wrong claims,' said Choudhary. During a press conference in Siwan, Kishore addressed the matter. 'I am not someone who gets intimidated by defamation cases or FIRs… He may file as many lawsuits and FIRs against me, those won't scare me,' he said. He alleged that 'corruption is openly discussed across Bihar's villages', be it in land surveys or government jobs, and added that 'if speaking the truth invites defamation suits, then every journalist will face cases. Kishor, a former political strategist turned politician, launched Jan Suraaj Party in October 2024 after a 3,000-km padyatra across Bihar. His party has announced plans to contest all seats in the upcoming 2025 Bihar Assembly elections, positioning itself as an alternative to mainstream parties. At a press conference last month in Jamui, Kishor had alleged that Choudhary paid LJP(RV) to secure the Samastipur ticket for Shambhavi, who at 25, won the seat in the 2024 Lok Sabha elections, becoming one of the youngest members of Parliament.
The Hindu
12 hours ago
- Business
- The Hindu
Rupee declines 21 paise to 85.60 against U.S. dollar
The rupee declined 21 paise to settle at 85.60 (provisional) against the U.S. dollar on Tuesday (June 3, 2025), weighed down by a firm American currency and outflow of foreign funds. According to forex traders, the local unit remained under pressure tracking negative domestic equity markets amid geopolitical uncertainties. Investors are also awaiting cues from the Reserve Bank's monetary policy announcements. RBI's Monetary Policy Committee (MPC) will begin deliberations on its bi-monthly policy on Wednesday and the outcome is scheduled to be announced on June 6. At the interbank foreign exchange, the domestic unit opened at 85.55 and moved between the high of 85.44 and a low of 85.60 against the greenback during the day. The unit closed the session at 85.60 (provisional) against the dollar, registering a loss of 21 paise from its previous close. On Monday, the rupee appreciated 16 paise to settle at 85.39 against the dollar. Anuj Choudhary, Research Analyst at Mirae Asset Sharekhan, said the rupee weakened against the dollar on weak domestic equities and FII outflows. "Trade tensions between U.S. and China and renewed geopolitical tensions between Ukraine and Russia may also weigh on the domestic unit. Traders may take cues from job openings and factory orders data from the U.S.," Choudhary said, adding, "USD-INR spot price is expected to trade in a range of 85.20 to 85.90." Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading higher by 0.25% at 98.95. Analysts said the US dollar index lost some ground after ISM manufacturing PMI fell more than expected, but recovered soon as China's manufacturing PMI showed slower-than-expected growth in that country. Brent crude, the global oil benchmark, fell 0.12% to $64.55 per barrel in futures trade. In the domestic equity market, the 30-share BSE Sensex tanked 636.24 points, or 0.78%, to close at 80,737.51, while the Nifty declined 174.10 points, or 0.70%, to 24,542.50. Foreign institutional investors (FIIs) sold equities worth ₹2,589.47 crore on a net basis on Monday, according to exchange data. A monthly survey released on Monday showed India's manufacturing sector growth fell to a three-month low in May, restricted by inflationary pressures, softer demand and heightened geopolitical conditions. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 58.2 in April to 57.6 in May, highlighting the weakest improvement in operating conditions since February.
Time of India
13 hours ago
- Business
- Time of India
Rupee falls 21 paise to 85.60 against US dollar amid weak equities, FII outflows
The rupee depreciated by 21 paise to close at 85.60 (provisional) against the US dollar on Tuesday, as a stronger greenback and persistent foreign fund outflows weighed on market sentiment. Forex traders said the domestic unit came under pressure due to negative trends in local equity markets and geopolitical uncertainties. Investors also remained cautious ahead of the Reserve Bank of India's (RBI) upcoming monetary policy decision, PTI reported. The RBI's Monetary Policy Committee (MPC) begins its three-day policy deliberation on Wednesday, with the outcome scheduled for announcement on June 6. At the interbank foreign exchange market, the rupee opened at 85.55 and traded between a high of 85.44 and a low of 85.60 against the dollar. It eventually settled at the day's lowest point, recording a 21 paise loss from its previous close. On Monday, the rupee had gained 16 paise to finish at 85.39 against the US dollar. Anuj Choudhary, Research Analyst at Mirae Asset Sharekhan, attributed the rupee's decline to subdued domestic equities and foreign institutional investor (FII) outflows. "Trade tensions between US and China and renewed geopolitical tensions between Ukraine and Russia may also weigh on the domestic unit. Traders may take cues from job openings and factory orders data from the US," Choudhary said, adding, "USD-INR spot price is expected to trade in a range of 85.20 to 85.90." The dollar index, which measures the greenback's strength against a basket of six major currencies, was trading 0.25 per cent higher at 98.95. While the index initially weakened following a sharper-than-expected drop in the US ISM manufacturing PMI, it quickly rebounded after China's manufacturing PMI revealed slower-than-anticipated growth. Meanwhile, Brent crude futures, the global oil benchmark, dipped 0.12 per cent to USD 64.55 per barrel. On the equities front, the 30-share BSE Sensex plunged 636.24 points, or 0.78 per cent, to settle at 80,737.51, while the NSE Nifty50 dropped 174.10 points, or 0.70 per cent, to close at 24,542.50. FIIs offloaded shares worth Rs 2,589.47 crore on a net basis on Monday, as per exchange data. A monthly survey released on Monday revealed a slowdown in India's manufacturing sector, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) slipping to a three-month low. The PMI declined from 58.2 in April to 57.6 in May, indicating the weakest improvement in operating conditions since February, as inflationary pressures, softer demand, and heightened geopolitical concerns impacted growth Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
United News of India
14 hours ago
- Business
- United News of India
SAP services extended for maintaining law & order: Samrat
Patna, June 3 (UNI) Bihar Deputy Chief Minister Samrat Chaudhary said that in view of the internal security and law and order of the state, the service period of 1,717 soldiers working in Special Auxiliary Police (SAP) has been extended for the financial year 2025-26. Choudhary told media here on Tuesday that this extension to the SAP jawans would effectively address the challenges related to insurgency, violence and law and order in Bihar . A total of Rs 43.66 crore has been sanctioned for the extension of the service period of the SAP. He said SAP was constituted by the NDA government for the first time in 2006 for speedy improvement in the law and order scenario of Bihar and retired Army personnel were appointed on contract in SAP. The deputy CM said that constitution of SAP helped police in maintaining law and order. UNI RS PRS
Time of India
a day ago
- Business
- Time of India
Rs 24cr OK'd for devpt of tourist facilities at Sonepur fair: Dy CM
Patna: The state govt has approved Rs 24.28 crore for the development and modernisation of tourist facilities at Sonepur fair site in Saran district, deputy CM Samrat Choudhary said on Monday. He said the plan for Sonepur fair development has been approved under the sub-scheme of Swadesh Darshan Scheme 2.0. "This will promote local employment and economic activities in rural areas," he said, adding that the govt is to develop Sonepur fair as a digital and eco-sensitive site for global tourism. Choudhary said the scheme includes entrance gate, market construction, road widening, road connectivity to the ghat, and parking area, and shuttle service. "Work will also be done on green initiatives like plastic-free fair area, waste management, solar energy and environmental awareness campaign. Under the digital initiative, services like fair mobile app, cashless payment, virtual darshan and smart parking will be created," he said. The monthlong fair, once known worldwide for sale and purchase of elephants, cows, horses, birds and oxen, is held every year on Kartik Purnima (Nov 5 this year) at the confluence of Ganga-Gandak rivers.
