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Chhindwara (MP), After days of suspense over their political plans, Congress MP Nakul Nath on Thursday categorically said that neither he nor his father, Congress veteran Kamal Nath were going to join the Bharatiya Janata Party. Speculation about the Naths' intentions was intensified in the last few days as several Congress workers from Chhindwara, the Lok Sabha constituency of Nakul Nath, crossed over to the ruling party. "Lok Sabha polls are going to be held in the next one or one-and-a-half months. Lot of rumours are being spread by BJP people that Kamal Nath and I are going to the BJP. Let me make it clear that neither Kamal Nath nor Nakul Nath are going to join the BJP," the junior Nath said at a public meeting at Navegaon in Chhindwara district. The BJP had won 28 out of the 29 Lok Sabha Seats in Madhya Pradesh last time while Chhindwara was the only seat retained by the Congress. The ruling party is trying hard to breach the Kamal Nath bastion this time. " Since February 1, a total of 5,000 Congress leaders and workers have joined the BJP as they were unhappy with their party's decision to boycott the Ayodhya Ram temple consecration ceremony," said the BJP's Chhindwara district unit president Bunty Sahu.

finance ministry said on Thursday. Finance and Corporate Affairs Minister Nirmala Sitharaman chaired a meeting to review the performance of the NaBFID and asked it to introduce a structured partial credit enhancement facility towards deepening bond markets, including for urban local bodies and municipalities. To date, NaBFID has made total sanctions of more than Rs 86,804 crore, with projects spread across the country and in diversified sub-sectors of infrastructure like roads, renewable power, ports, railways, and city gas distribution. Out of the Rs 86,804 crore, 50 per cent has been sanctioned with long tenure of 20 to 50 years.

Kesoram has completed the refinancing of its nearly Rs 1900 crore high-cost debt, yielding a benefit of almost 800 basis points in interest rates, a senior company official said on Thursday. The company borrowed approximately Rs 1900 crore in March 2021 from a group of investors in Non-Convertible Debentures (NCDs) and Optionally Convertible Debentures (OCDs) at an interest rate of close to 19 per cent. On Thursday, the company announced the redemption of the entire outstanding outstanding NCD amounting to Rs 1487 crore before maturity. OCDs were redeemed earlier, officials said. «We have refinanced the entire debt on our books. We have refinanced about Rs 1500 crore from Tata Capital group and another Rs 350 crore from Hero Finance,» Kesoram's whole-time director & CEO P Radhakrishnan told PTI.

Modi will reach West Bengal on a two-day visit to Hooghly’s Arambag and Nadia district’s Krishanagar, starting from Friday. On Friday, Modi’s first stop will be at the Durgapur helipad, from where he will head towards Jharkhand’s Sindri. Following the programme in Sindri, Modi will reach Hooghly district's Arambagh where he will inaugurate a number of projects, lay foundation stones and then address a public rally. The Prime Minister will participate in a public rally, where he will inaugurate, dedicate and lay the foundation stone of multiple development projects worth more than Rs 7,200 crore in Arambagh, Hooghly, West Bengal.

Cohance Lifesciences Ltd on Thursday signed a definitive agreement to merge their businesses, which will further strengthen the former’s position in the contract development and manufacturing organisation (CDMO) space. Promoter of Suven Pharma, Advent International, had said last year that it would merge the two businesses post the buyout of its significant stake in Suven Pharma.

India has conducted two successful flight tests of a very short-range air defence missile off the coast of Odisha. The tests were carried out on Wednesday and Thursday. «The DRDO conducted two successful flight tests of Very Short-Range Air Defence System (VSHORADS) missiles on February 28 and 29 from a ground-based portable launcher off the coast of Odisha from integrated test range, Chandipur,» the defence ministry said. It said the tests were carried out against high-speed unmanned aerial targets under different interception scenarios. «During all the test flights, the targets were intercepted and destroyed by the missiles, meeting the mission objectives,» the ministry said.

The Dow Jones Industrial Average rose 64.73 points, or 0.17%, at the open to 39,013.75.

CBI summons to him in the mining case before elections, Samajwadi Party chief Akhilesh Yadav on Thursday said they (CBI) act as a cell of the BJP. Attacking the BJP, Yadav mentioned Chandigarh mayoral poll and alleged that the BJP's «theft» and «dacoity» of votes came to the fore as election was held through ballot and CCTV was there. Yadav was talking to reporters on the sidelines of the PDA conference in which office-bearers of backward, minority and Dalit cells of the party were present. «Summons before elections… they (CBI) act as 'prakoshth' (cell) of the BJP,» Yadav said while here at the party office.

West Bengal Chief Minister and TMC supremo Mamata Banerjee on Thursday claimed that if the BJP returns to power at the Centre, the government would hike the price of each cooking gas cylinder to Rs 2,000. The chief minister was addressing a gathering at a government programme here in Jhargram district. «If the BJP wins the elections, they may hike prices of the cooking gas cylinder to Rs 1,500 or Rs 2,000. Then again, we will have to go back to the old practice of collecting wood to light a fire,» Banerjee said. She also gave an ultimatum to the BJP-led central government to complete building houses under the Awas Yojana by April-end, claiming that otherwise, her government would start constructing them from May.

Jet Airways founder Naresh Goyal, arrested in a money laundering case, but permitted him to undergo cancer treatment at a hospital of his choice for two months. Goyal (74), who is lodged in Arthur Road jail in central Mumbai, had sought to be released on interim bail to undergo treatment for cancer. Special judge for cases under Prevention of Money Laundering Act (PMLA) M G Deshpande permitted Goyal to undergo treatment for the illness at Tata hospital or any other hospital of his choice for a period of two months. Last month, Goyal was permitted by the court to undergo tests at a private hospital here. On February 15, Goyal filed an application seeking interim bail on medical grounds as the tests revealed malignancy. The application said Goyal has to undergo some scans to determine the stage of the malignancy, based on which doctors will be able to determine the line of treatment, including surgery and chemotherapy. The doctors have advised an aggressive and immediate line of treatment to arrest any fatal issues that could arise in the applicant's case, the plea added.

Uttarakhand Police has arrested Abdul Moid, the son of Abdul Malik, the alleged mastermind in the Haldwani violence, officials said. The arrest of Moid, who is among the key accused in the case, takes the total arrests in connection with the February 8 incidents of stone pelting and arson in Banbhoolpura area of the town to 84, they said. His father Abdul Malik owned the «illegal» madrassa whose demolition sparked violence in the town prompting authorities to impose a curfew that was lifted entirely after 12 days of gradual relaxation. Malik was arrested on February 24, 16 days after the Banbhoolpura violence which left six persons dead and over 100 injured, including police personnel and journalists.

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Benchmark NSE Nifty closed 31.65 points up at 21982.8 amid buying in frontline bluechip counters.

Godrej Industries, the Bombay High Court has held the show cause notice issued by the revenue department against the group ‘bad in law’ and has clarified that it was barred by the limitation. In this case, Godrej Industries had challenged the show cause notice issued by the income tax department on May 22, 2022, with the arguments that the notice was issued during the pendency of reassessment proceedings under an earlier notice and, therefore, is illegal.

Industry said on Thursday. The index had grown by 4.9 per cent in December 2023 and 9.7 per cent in January 2023. «The production of coal, steel, cement, natural gas, electricity and crude oil recorded positive growth in January 2024,» the government said in a press release.

Directorate General of Civil Aviation (DGCA) has imposed a financial penalty of Rs 30 lakhs on Air India following a February 16 incident of non-availability of a wheelchair to an 80-year-old passenger who collapsed and died after walking from the aircraft to the airport terminal at Mumbai. The incident happened at the airport on February 12 after the passenger landed in an Air India flight from New York. A financial penalty of Rs.30 lakh has been imposed on Air India as per Aircraft Rules, 1937 for violating the provisions of the aforementioned regulations, DGCA said in a statement Thursday.

Ajmer Thursday acquitted Abdul Karim Tunda in the 1993 serial blasts case, observing the prosecution could not provide enough evidence to prove the charges. Two other accused — Irfan and Hamiduddin — have been sentenced to life imprisonment by the Terrorist and Disruptive Activities (Prevention) Act (TADA) court. The 81-year-old Tunda, a close aide of wanted terrorist Dawood Ibrahim, was accused of carrying out blasts in five trains in different cities in December 1993 to mark the first anniversary of the Babri Masjid demolition. Two people were killed and several injured in the blasts.

DGCA has mandated that at least 25 per cent of the air traffic controllers, aircraft maintenance engineers, and personnel carrying out safety-sensitive work at an airport will have to undergo a breath analyser test daily. The revised Civil Aviation Requirements (CAR) in this regard will come into force after three months, the Directorate General of Civil Aviation (DGCA) said in a release on Thursday. Currently, the breath analyser test percentage required is 10 per cent and that has been increased to 25 per cent. It will be applicable for air traffic controllers, ground staff, aircraft maintenance engineers, and ground handling services personnel right.

Congress on Thursday asserted that the situation in Himachal Pradesh is «completely under control» and the BJP has failed in its attempts to «destabilise the elected government» in the hill state. The Congress government faces a crisis after the ruling party in the state lost the lone Rajya Sabha seat despite having the numbers due to cross-voting by some of its own MLAs, who are now siding with the BJP. The six MLAS who cross-voted have been disqualified by the Speaker and are likely to challenge their disqualification from the house. Congress general secretary (communications) Jairam Ramesh said like other states, the BJP started the game of using money power, power of the government and muscle power to destabilise the Congress government in Himachal Pradesh but has failed. «Various things are going around in the media regarding Himachal Pradesh. But we want to say one thing very clearly. The Prime Minister and the so-called 'Chanakya' have completely failed in Himachal. After the intervention of the Congress leadership and the promptness of our observers, the situation there is completely under the control of the Congress,» he said in a post in Hindi on X.

urea imports in 2023 declined 21.3% year-on-year to 7.41 million tonnes on account of higher domestic production, according to S&P Global Commodity Insights. The country’s domestic urea production increased 13.4% on the year to 31.11 million tonnes in 2023 from 27.43 million tonnes in 2022. Currently, India operates four fertilizer plants and the government aims to establish a fifth one named Talcher Fertilisers Ltd, which is expected to become operational in September 2024, having a production capacity of 3.85 million tonnes per year of urea, further contributing to the country’s self-sufficiency in fertilizer production, the report said.

Varun Beverages Ltd. gained 0.55 per cent to Rs 1404.0 in Thursday's trade. It hit a high of Rs 1415.0 and low of Rs 1346.6 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 1006.81, while the 50-DMA was at Rs 1320.58. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.