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Who is ‘Jharkhand Tiger’ Champai Soren, set to replace Hemant Soren as CM?

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There was action and drama in Jharkhand on Wednesday night. Hemant Soren, the state’s chief minister, resigned from his post, and was subsequently arrested by the Enforcement Directorate. And amid this drama, Hemant Soren’s party, the Jharkhand Mukti Morcha (JMM), appointed Cabinet minister and veteran leader Champai Soren as the new state head. Champai Soren met Governor CP Radhakrishnan and staked claim to form the new Jharkhand government, claiming support of 47 MLAs. To form the government, the ruling alliance needs 41 MLAs and presently it has numbers above the magic figure. The ascension of Champai Soren comes at a time when there was heavy speculation that Hemant Soren would install his wife, Kalpana Soren , at the seat of power. As we wait for the swearing-in of Champai Soren, we take a closer look at who he is and how we got here. Champai Soren — the Jharkhand Tiger Champai Soren, the transport minister in the Hemant Soren government, has been a long time member of the JM
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LPG price hike: Commercial cylinder rates increased from today, check new cost in your city here

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Oil Marketing Companies (OMCs) Thursday increased the price of commercial LPG cylinders by Rs 14. The hike comes into effect from Thursday, 1 February, 2024. Following the hike, a 19 kg LPG cylinder will now be sold at Rs 1,769.50 in national capital New Delhi from Rs 1,755.50 earlier. In Kolkata, commercial LPG will now be purchased at 1887.00 per cylinder, in Mumbai it will cost 1723.50 a cylinder, and in Chennai a 19 kg LPG cylinder can be fetched at 1937.00. However, price of domestic LPG (14.2 kg) – used in household kitchens for cooking purposes remained unchanged at Rs 903 in Delhi, Rs 1,000 in Kolkata, 902.50 in Mumbai and 918.50 in Chennai. Apart from this, the OMCs have slashed the price of jet fuel or ATF price. The reduction in price is by about Rs 1,221 per kilo litre. This is the fourth consecutive cut in aviation fuel which may reduce air fares. The changed prices are applicable from 1 February, 2024. State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corpo
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Budget 2024 LIVE: Union FM Nirmala Sitharaman to give Interim Budget today, ahead of 2024 Lok Sabha elections

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06:05 (IST) Budget 2024 LIVE Redomiciliation of companies; the India view and expectations India has been successful in navigating several global and domestic challenges. In the backdrop of the global uncertain environment, the rising growth story and the promising environment in India, dealmakers have been having their own share of successes. From a successful streak of IPOs to private equity interest, to active family offices, the M&A market continues to be buoyant. Tapping the financial markets and public funds is one of the discussion points on cross-border deals. A related topic which often comes up is tax implications of undertaking any such steps to achieve these objectives. Legal entity structuring plays an important role in such conversations. Read More 06:03 (IST) Budget 2024 LIVE Why MSMEs seek de-risking of credit inflows Private businesses majorly comprise of Micro, Small and Medium Enterprises (MSMEs). MSMEs are poised as the growth engine of Indian econom
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Soft Power Projection: Washington State Senate passes Resolution welcoming India’s 75th Republic Day

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India has expressed its gratitude to the Washington State Senate and all the Senators who on 26 January, 2024, passed a resolution welcoming India’s 75th Republic Day. On 26 January this year, Washington State Senate passed a Resolution welcoming India’s 75th Republic Day. “The Washington State Senate honor the 2024 Republic Day of India as a symbol of the shared values of democracy, diversity and inclusion between the nation of India and both the State of Washington and the United States of America,” read the resolution passed by the Washington State Senate. “Thank you Washington State Senate and all Senators who supported this Resolution!” the Consulate General of India, Seattle said in a post on social media platform, X. On 26 January 2024, Washington State Senate passed a Resolution welcoming India’s 75th Republic Day! Acknowledges India’s strong tradition of maintaining democratic ideals and recognizes our Republic Day as a symbol of shared values of democracy, diversity and
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India bought less gold jewellery in 2023 but more gold bars and coins: WGC

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India’s gold demand dipped by 3 per cent year-on-year to 747.5 tonnes in 2023, according to the World Gold Council. However, the demand is expected to rise to between 800 and 900 tonnes in the coming year if prices remain stable. In 2022, the country’s total gold demand was recorded at 774.1 tonnes, as per the World Gold Council’s Gold Demand Trends report for 2023. “India’s gold demand in 2023 declined by 3 per cent to 747.5 tonnes, strongly influenced by rising gold prices. Although consumer interest remained high, it lagged trade sentiment. October’s price correction during Navratri stimulated a robust consumer response, boosting Diwali sales in November. “However, demand declined in December as gold prices resumed an upward trend, resulting in a 9 per cent drop in fourth quarter jewellery demand compared to the same period of 2022,” WGC Regional CEO, India, Somasundaram PR told PTI. Price of gold was volatile throughout 2023, with the yellow metal reaching a new high of Rs 61,8
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Ahead of Budget 2024, govt slashes import duty on mobile phone parts to 10% from 15%

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Ahead of Union Budget 2024, the Indian government reduced the import duty for components used in the manufacture of mobile phones from 15 per cent to 10 per cent. According to a report by Reuters , the announcement of reduction in the import duty for components used in the manufacture of mobile phones was made by the Government of India on Tuesday. The decision aims at boosting exports from Asia’s third-largest economy. The move will benefit companies like Apple and other high-end Android phones, as well as bolster India’s export. Components on which import duty has been cut The components on which the import duty has been cut to 10 per cent includes battery cover, front cover, middle cover, main lens, back cover, GSM Antenna/Antenna of any technology, PU case/sealing gasket and other articles of polyurethane foam like sealing gaskets/case, sealing gaskets/cases from PE, PP, EPS, PC and all other individual polymers or combination/combinations of polymers, SIM socket, screw, other
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Is Hemant Soren’s wife Kalpana set to be the new Jharkhand CM? Who is she?

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It almost sounds like a television show, but, in fact, it’s reality. As Jharkhand chief minister Hemant Soren prepares to appear before the Enforcement Directorate (ED) to record his statement in an alleged land fraud case, and rumours of his arrest are swirling, there’s speculation that his wife, Kalpana Soren, will take over the chief ministerial post. While Soren’s party, the Jharkhand Mukti Morcha (JMM) has refuted this speculation, it has got credence after BJP MP Nishikant Dubey made a similar claim. But who is Kalpana Soren? And how did we get here? Who is Kalpana Soren? Born in 1976 in Ranchi, Kalpana grew up in Odisha’s Mayurbhanj district and has no political background. Her father is a businessman and her mother a homemaker. She did her graduation in engineering, followed by an MBA. On 7 February 2006, Kalpana tied the knot with Hemant Soren and today, the couple has two children — Nikhil and Ansh. Kalpana has refrained from entering the political sphere and is an ent
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