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Don't overstep your limits, UP Speaker tells EC
The conflict between the UP government and the Election Commission (EC) has now taken another turn. In a frontal attack on the EC, the UP Assembly Speaker Kesri Nath Tripathi has criticised the EC's interference into the functioning of the UP Legislature. Tripathi cited Election Commissioner J M Lyngdoh's directives against an anti-encroachment drive in Varanasi and withdrawal of poll-related cases as examples of the EC's transgression.
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ICICI also hikes PLR
The tight money policy announced by the Reserve Bank of India (RBI) recently saw its fallout on another of the country's premier lending institutions. Toeing the line of IDBI and IFCI, the Industrial Credit and Investment Corporation of India (ICICI) yesterday hiked its prime lending rate (PLR). ICICI increased its long term PLR by 1% to 14.50% and its medium term PLR by 2% to 14.25%. ICICI's variable short term PLR was also hiked to 14%.
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Tytler's out of race for Lok Sabha polls
Congress heavyweight Jagdish Tytler's political star seems to be on the wane. Tytler, who had filed his nomination as a covering candidate from the Sadar seat, was left in the lurch yesterday when his papers were rejected. Tytler's attempts at contacting Congress leaders Sitaram Kesri and Sonia Gandhi also were in vain. Tytler, however, ruled out any possibility of his contesting the Lok Sabha polls as an independent candidate.
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Legal luminaries divided on death verdict in Rajiv assassination case
The legal community in India has proferred a diverse reaction to the landmark judgement in the Rajiv Gandhi assasination case. The death sentence handed out to the 26 convicted in the case has, however, evoked a reaction of extreme surprise from the entire legal fraternity with an overwhelming majority opining that the ruling was too harsh.
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