Mustard acreage up by 5 per cent, says trade body SEA

The acreage under mustard, the biggest oilseed crop of the rabi season has increased by 5% over the previous year, said trade body Solvent Extractors' Association (SEA). Industry and trade are expecting the cooking oil prices to soften after the harvest begins starting March. "All India mustard crop acreage was reported at 100.39 lakh hectare which is 5% more than the last year’s remote sensing-based estimate of 95.76 lakh hectare. In the current year mustard crop acreage has reduced in many states and districts due to socio-economic reasons. The farmers in many districts in Gujarat and Rajasthan have opted for other crops instead of mustard due to the price offered which is even lower than MSP," said SEA in a release. Uttar Pradesh has recorded the highest year-on-year increase of 27% in area under mustard, followed by Madhya Pradesh, Haryana, which have reported an increase of 5% and 3% respectively. Rajasthan, which is the largest mustard growing state, has reported an increase of 1% in area sown under mustard that stood at 37.43 lakh hectare area under the oilseed crop. States like Chhattisgarh, Gujarat and West Bengal have reported a decline of 8% each in the mustard acreage. "We carried out an analysis in the mustard-growing districts using the Normalized Difference Vegetation Index (NDVI). Normal Crop health condition is when the NDVI value is beyond 0.45. Better moisture content in the crop canopy represents healthier vegetation and its optimal growth. Crop health was found to be optimal in states like Assam, Gujarat, Haryana, Madhya Pradesh, Uttar Pradesh and Rajasthan indicating good crop condition till date whereas crop condition was found to be moderate in Chhattisgarh and Rajasthan," said SEA.  

Delhi Crime Branch team at Arvind Kejriwals residence to serve notice

Earlier, Police officials on Friday also came to serve notice in connection with the Aam Aadmi Party's allegation against the BJP "of trying to buy AAP MLAs" and asked him to provide evidence.A team of Delhi Police Crime Branch officials had arrived at the residence of Chief Minister Arvind Kejriwal in Delhi. Delhi Police Crime Branch officials on Saturday issued notice to Chief Minister Arvind Kejriwal in connection with Aam Aadmi Party's allegation against Bharatiya Janata Party "of trying to buy AAP MLAs" and has sought a reply from the AAP supremo within three days, sources said.Earlier on Friday, apart from Kejriwal, the police officials, seeking evidence, also knocked on the doors of AAP minister Atishi's residence.However, as per sources, both the AAP leaders were not present at their respective residences.The Aam Aadmi Party has accused the BJP of trying to topple the elected Delhi government through a campaign dubbed "Operation Lotus 2.0". Atishi claimed that the BJP has approached several AAP MLAs with bribes and threats in a bid to induce defection."BJP has started 'Operation Lotus 2.0', and is trying to topple the democratically elected AAP government in Delhi. 7 MLAs of the AAP have been contacted by the BJP, and have been told, that Arvind Kejriwal will be arrested soon, after which AAP MLAs will be rifted apart. They are in touch with 21 of our MLAs, using whom they aim to topple the Delhi government. Those 7 MLAs have been offered Rs 25 crores each.Atishi also revealed that the AAP possesses a recording of one such "Operation Lotus 2.0" conversation, hinting at its potential release if necessary."Currently, 7 MLAs have been offered by BJP; we have the recording of one of them and will release it when required," said Atishi." Arvind Kejriwal is again lying as he has done since the last seven times. Not once has been able to tell which phone number was used to contact them, who contacted them, and where was the meeting held. he just gives out statements and goes into hiding.His partners are in jail, and he is repeatedly avoiding ED summons because he knows he does not have answers to the ED questions," said BJP leader Kapil Mishra.    

TCS sounds final call for staff to work from office

MUMBAI: Tata Consultancy Services (TCS) has extended the period by which employees should return to office by another quarter, to March end, but has informed them that this will be the last deadline for doing so. Failure to resume work from office (WFO) by then will lead to "consequences," chief operating officer NG Subramaniam, told ET, citing work culture as well as security issues. "We are exercising patience but have taken a principled stand that employees have to get back to offices," he said. "We have sent employees the final communication on this and if they do not, there will be consequences to face." He said working from home made employees and employers vulnerable. With the kind of cyberattacks in today's context, an organisation can inadvertently get into trouble," he said. "One cannot have the kind of controls at home and there can be security risks to businesses. In the fiscal third quarter, India's second largest IT firm Infosys said one of its US units was affected by a cyber security issue, resulting in the unavailability of several applications. In December, HCLTech reported a ransomware incident, adding that it had made no impact. TCS is aiming to revive the pre-pandemic work culture in a shift away from the 25-by-25 hybrid model it had announced during the Covid-19 outbreak. It had said in 2020 that once all employees returned to office, a fourth of them would work from home by 2025. At the December quarter earnings announcement on January 11, the company said 65% of the workforce had been coming to the office up to three days a week.  

Citroen to add more safety features, plans to come with six airbags

French automobile company Citroen has recently announced adding six airbags as a standard to raise the safety standards of its offerings in India. The French carmaker is not going to produce the updated cars right away. They are going to update the safety feature in the second half of the year, i.e., from July 2024.Citroen currently has four models in India, i.e., ë-C3, C3 Aircross SUV, C3 and C5 Aircross. The six-airbag system will come with front airbags, side airbags, and curtain airbags, which provide extra protection in the event of a collision. This will provide a safe mobility solution for its customers.Citroen cars will also come with ISOFIX seat anchorage and rear seatbelt reminder as standard fitment. Citroen has recently introduced an automatic transmission option for the C3 Aircross. The compact SUV is powered by a 1.2-litre turbocharged petrol engine that comes with a 6-speed manual or a 6-speed torque-converted automatic.Power output is identical at 109bhp for both versions, but torque output stands at 190 Nm and 205Nm, respectively. Aditya Jairaj, MD & CEO at Stellantis India, recently said that customers are now more evolved to understand safety as an equally important requirement for driving comfort and features. Citroen is trying to continuously evaluate and meet the evolving needs of consumer requirements.This year, Citroen is planning to introduce a crossover with sedan in India. Namely, the C3X which will share its platform with C3 and C3 Aircross. C3X will get an all-electric version, similar to the C3 hatchback. The images of India-spec C3X also surfaced over the internet.    

Govt urges RBI to issue FAQs for Paytm users

“The action against Paytm should be followed up by some sort of clarification. RBI has been urged to bring in FAQs as many customers won't be aware of many issues,” an official said. Given the broad customer base of Paytm — India’s biggest fintech that has a wide presence among both individual users and merchants — the government is learnt to have nudged the Reserve Bank of India (RBI) to issue a follow-up clarification in the form of frequently asked questions (FAQs). “The action against Paytm should be followed up by some sort of clarification. RBI has been urged to bring in FAQs as many customers won’t be aware of many issues,” an official said. Onboarding of customers without proper verification of know-your-customer (KYC) norms is learnt to have been one of the key issues for prompting the action by the RBI against Paytm last week. The RBI had taken action in the form of imposing penalty against Paytm Payments Bank last year and even then the issue did not get resolved, so the action by the RBI this time around is unlikely to be rolled back, the official said. On Tuesday, Paytm founder and CEO Vijay Shekhar Sharma had met Finance Minister Nirmala Sitharaman and RBI officials, days after the regulator imposed a ban on Paytm Payments Bank (PPBL). On January 31, the RBI barred Paytm Payments Bank from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, FASTags and NCMC card after February 29, 2024, in the wake of persistent non-compliances and material supervisory concerns. The crackdown on PPBL came after a comprehensive system audit report and subsequent compliance validation report of the external auditors, the RBI had said. The RBI had directed that the Nodal Accounts of One97 Communications Ltd (OCL), which owns Paytm, and Paytm Payments Services Ltd are to be terminated at the earliest, in any case not later than February 29, 2024. Paytm Payments Bank has been facing RBI scrutiny since 2018. The RBI’s recent action on PPBL came after it was found that the bank had violated KYC norms and also had linked the same PAN to multiple customers. It was also observed that the bank was allowing transactions above the permissible limit, which raised concerns over money laundering.   

Last Day To Update Aadhaar Information

Those who have not yet updated their Aadhaar information have more than a month to do so without incurring any fees; after March 14, 2024, a fee will be applicable for this service. It is recommended to take advantage of the remaining free updating period to avoid additional costs. The free Aadhaar updating service was first extended for three months in December 2023. This deadline has been extended multiple times in the past.This program is consistent with the government's ongoing efforts to streamline administrative processes and provide citizens the tools they need to properly manage their Aadhaar data.   Deadline for free Aadhaar updates: March 14, 2024 (This serves as the last extension.) Who is eligible for a free update: Anyone whose Aadhaar details haven't been updated yet   What is freely updateable: Name, address, and phone number are examples of demographic information (biometric updates still require visiting an Aadhaar center)   Following March 14th, there will be a fee for Aadhaar updates.

The Telangana government will open a youth help desk in the United States and overseas.

Telangana nationals living overseas are becoming increasingly concerned about their safety, thus Chief Minister A Revanth Reddy has announced the creation of a special support center. This program is designed to meet the various needs of Telangana students and young professionals who are studying or working overseas.According to Telangana Chief Minister A. Revanth Reddy, the State government will establish a special help desk to cater to the requirements of all young people, particularly students, who are studying overseas.  Attack on Indian students: Telangana Chief Minister Revanth Reddy announced that his government would establish a special help desk for all young people living in the USA and other countries, especially students, to ensure that all of their needs are met. This came a day after a student from Hyderabad was attacked and robbed by armed men in Chicago, United States.In response to the recent student deaths in the US earlier this year, the decision was made public.Assistance desk for all young people "Very disturbed to hear of the Chicago robbery that four thieves committed against Hyderabadi student Syed Mazhar Ali. This comes after B. Shreyas Reddy was fatally attacked in Ohio.   The Telangana CMO wrote on X, "I humbly ask Hon'ble External Affairs Minister Dr. S. Jaishankar to kindly convey our concerns over the safety of our students and citizens living there.""To make sure all of the demands of young people residing in the United States and other nations are satisfied, my government will establish a special assistance desk for students. The Congress government is always present for all Telangana residents, no matter where they are in the world, the statement continued.Chicago robbers attack a Hyderabadi student Another story surfaced about armed guys robbing and attacking a man in Hyderabad in Chicago. Syed Mazahir Ali, who traveled to the US to obtain a master's degree at Indiana Wesleyan University, has been identified as the student. In a video, a bloodied Ali describes how the assailants pummeled and kicked him while also stealing his phone. In the CCTV clip, Ali can also be seen trying to escape the attackers as soon as he feels threatened. The graduate student went on to explain in the audio that the attackers kicked and punched him as he staggered close to his home while trying to flee.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    

Hemant Soren Arrested At Raj Bhavan

Jalpaiguri On Thursday, Governor CP Radhakrishnan refuted claims that Raj Bhavan had anything to do with the Enforcement Directorate's (ED) arrest of former chief minister Hemant Soren in connection with a money laundering case involving a purported land scam. Hemant Soren, the executive president of JMM as well, was taken into custody on January 31 following a seven-hour interrogation by federal agency detectives. A few days later, he claimed that the Centre had hatched a "conspiracy" to get him arrested, and Raj Bhavan had played a key role in it."There is no indication that Raj Bhavan has been misused. We have adhered to every democratic standard with extreme strictness...The former chief minister himself has agreed in his letter that he resigned before being taken to ED custody," he added.   I'm never sure who works in the ED. Their faces and names elude me. For a short while, I was with them. "I won't recognize them if you want me to," CP Radhakrishnan said at a press conference held here.     It was the CMO who announced that Hemant Soren would be filing for resignation, according to CP Radhakrishnan, not Raj Bhavan.   "Our principal secretary received a call from the ED stating that we have taken custody The second message was from the chief secretary, who declared himself to be the prime minister. My principal secretary then clarified that he would remain so until his resignation. Additionally, I was told by the CMO that he would be resigning today. The governor remarked, "I waited for three hours straight."   According to CP Radhakrishnan, after that, the chief secretary called his principal secretary and told him that the chief minister couldn't accompany the ED officials alone and that a few senior ministers should be permitted to accompany him.   The governor went on, "I told him three of the most senior ministers can accompany him."

Jeff Bezos plans to sell 50 million Amazon shares over next year

The disclosure came through a filing with the US Securities and Exchange Commission (SEC), where Amazon revealed Bezos' trading plan.In a move that has captured market attention, Amazon's founder Jeff Bezos is set to offload a significant portion of his company shares over the next year. Reports from various media outlets indicate Bezos' intention to divest at least 50 million shares of the e-commerce giant. The disclosure came through a filing with the US Securities and Exchange Commission (SEC), where Amazon revealed Bezos' trading plan. As the executive chair of the company, Bezos' move signals a strategic adjustment in his investment portfolio. The plan outlines the potential sale of up to 50 million shares by January 25 of the following year, subject to specific conditions. While Bezos, who recently marked his 60th birthday, retains a vast holding of nearly one billion Amazon shares, this divestment plan represents a substantial reduction in his stake. Additionally, the filing reveals that seven other top executives at Amazon have formulated similar trading plans to sell shares.Bezos' shareholding in Amazon is a cornerstone of his considerable personal wealth, currently estimated at $193.3 billion. The planned divestment underscores a deliberate repositioning of assets by one of the world's wealthiest individuals. Amazon's financial performance remains robust, with impressive figures reported for the holiday quarter ending December 31, 2023. The company saw a 14% increase in net sales, reaching $170 billion compared to $149.2 billion in the same period of the previous year. Net income also surged to $10.6 billion in Q4 2023, compared to $0.3 billion in Q4 2022. Notably, the Amazon Web Services (AWS) segment reported a 13% year-over-year increase in sales, totaling $24.2 billion. CEO Andy Jassy commented on the exceptional performance, describing the holiday season as "record-breaking." Jassy expressed optimism for the company's trajectory in 2024, highlighting ongoing efforts and forthcoming opportunities.As Bezos prepares to execute his share sale plan, the market will closely monitor its impact on both Amazon's stock value and Bezos' personal financial landscape.    

When SRK-Salman Fight Was Put Out by Former Congress Leader Baba Siddique

After almost 50 years of affiliation with the Congress, former Maharashtra minister Baba Siddique announced his resignation today. Veteran of the Maharashtra political scene, Mr. Siddique held ministerial positions during the administrations of both the Congress and the NCP coalition led by Sharad Pawar. In addition to his cross-party political connections, Mr. Siddique is well-known for throwing extravagant parties. During one such gathering in 2013, Mr. Siddique unintentionally helped bring Bollywood superstars Salman Khan and Shah Rukh Khan together.Over the years, the two actors have remained close despite their publicized arguments and sporadic clashes. Their five-year cold war came to an end in 2013 at Baba Siddique's Iftaar party, marking a pivotal point in their relationship. The highly anticipated reunion between the Khans took place against the backdrop of Mr. Siddique's Iftaar party. After an intense argument at Katrina Kaif's birthday party in 2008, Shah Rukh Khan and Salman Khan avoided each other until they finally met. They gave each other a warm greeting and a sincere hug, which instantly relieved the tension that had been hanging over their relationship. That moment was captured in a picture that quickly went viral on social media and news outlets.  After an incredible 48 years, Mr. Siddique announced his resignation from the Congress in a social media post today. "It has been a noteworthy 48-year journey for me to become a member of the Indian National Congress party when I was a young teenager. With immediate effect, I am leaving the Indian National Congress Party @INCIndia as of today. I would have liked to say a lot, but sometimes it's better to keep things quiet. I express my gratitude to everyone who has shared in this journey," he wrote.      

Chandigarh Mayor Polls Postponed Until February 6 Amid BJP-AAP Conflict

"Chandigarh's mayoral elections, which were postponed earlier today amidst much controversy, will now take place on February 6, according to the Union Territory's Deputy Commissioner. A statement from the Commissioner's office stated, ""This decision follows a thorough assessment of the security and law and order situation by the Senior Superintendent of Police, UT, Chandigarh.""""As the Prescribed Authority for this important meeting, Shri Anil Masih, a councilor, has been nominated by Vinay Pratap Singh, Deputy Commissioner, Chandigarh. The statement stated that the meeting to elect the mayor will be chaired by Councilor Sh. Anil Masih and will follow the prescribed rules and procedures.The presiding officer became ill, so the election that the Aam Aadmi Party and the Congress had partnered for was postponed. The AAP and the Congress both claimed that the BJP had scuttled it because they expected to lose.He went on to say, "BJP is like a disgruntled child who takes away the bat and declares an end to the game when they are called out in gully cricket." He questioned why elections had to be postponed if the BJP was losing.The Congress is running for the deputy mayor and senior deputy mayor positions, and the AAP is running for mayor. The parties asserted that because of their combined strength, the BJP had yielded and they were the first party in the Opposition INDIA grouping.             "  

Gupta Rajendra Prasad Selected as the New Advocate General of Rajasthan

Governor Kalraj Mishra approved the appointment of Senior Advocate Rajendra Prasad Gupta as the new Advocate General of Rajasthan. As the replacement for the outgoing governor in December, this appointment represents a major shift in the legal leadership of the state. As MS Singhvi's replacement, Rajendra Prasad Gupta begins a new chapter in his tenure as Rajasthan's 19th Advocate General. Visit https://www.bankersadda.com/current-affairs-6-february-2024 for more informatiom.Legislative Authority and Obligations The Advocate General may attend State Legislature sessions and contribute to the legislative process without having a vote, as per Article 177 of the Constitution. Because of his special position, the Advocate General can provide legal insights into legislative discussions, improving the quality and ensuring that the legislative framework complies with legal requirements.   Crucial Exam Questions Who has been named Rajasthan's new Advocate General? When was the office of Advocate General of Rajasthan established, and who was the first person to hold it? What is the main constitutional authority that appoints the Advocate General, and what are their duties? What special privilege does the Advocate General have in the legislative process, as per Article 177 of the Constitution?