NIA conducts raids in 18 locations in Mumbai against associates of mobster Dawood Ibrahim

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Navjot Sidhu will meet CM Bhagwant Mann on May 9

On Monday evening, Congress Leader Navjot Singh Sidhu will meet Punjab Chief Minister Bhagwant Mann.

On May 8, the former Punjab CPC leader announced on Twitter that he would meet with the newly appointed Punjab CM to discuss issues related to restoring the province’s economy.

He also argued that states can only be resurrected through collective efforts, regardless of political ideology or political parties.

Navjot Sidhu has repeatedly berated the AAP-led Punjab administration for the law and order situation in the state, especially amid skirmishes between the Shiv Sena and pro-Khalistani Sikh organizations.

Maharashtra government is likely to challenge the bail release of Navneet Rana, Ravi Rana on May 9

On Monday, the Maharashtra government is expected to challenge the bail of Amravati Lok Sabha MP Navneet Rana and her MP husband Ravi Rana.

“I have sent some clips of Navneet Rana and Ravi Rana. After carefully watching these clips, I am satisfied that these conversations are in violation of the condition laid down in the bail order given to them. I am so bound to take this to court. I will present it in court tomorrow. I will ask the court to issue a warrant for their arrest and take them into custody,” Special Prosecutor Pradeep Gharat said.

The Ranas were arrested after saying they would recite Hanuman Chalisa outside the house of Maharashtra Chief Minister Uddhav Thackeray.

A Mumbai magistrates court granted them bail on Wednesday.

Navneet Rana was taken to Lilavati Hospital in Mumbai for medical examination after being released from Byculla Jail on Thursday.

She went to Lilavati Hospital on Saturday for an MRI scan and full body assessment after complaining of discomfort in her chest, neck and other parts of her body, as well as spondyloarthritis.

Interior Minister Amit Shah will visit Assam on May 9-10

On Monday and Tuesday, Union Home Minister Amit Shah will travel to Assam, where he will visit the India-Bangladesh border, inaugurate the National University of Forensic Sciences and attend the celebration of the first anniversary of the Himanta Biswa Sarma government.

On Monday, Shah will visit a Boundary Out Post (BOP) in Mankachar and meet BSF soldiers stationed near the international border, authorities said.

The Home Minister will then open the central store and workshop of the BSF in Tamulpur, as well as the launch of Khadi and Village Industries items.

It will open a census office and SSB facility in Amingaon, near Guwahati, in the evening.

In Guwahati, Shah will also establish a super specialty hospital and the National University of Forensic Sciences.

LIC’s IPO offering will close on May 9

On Sunday’s closing day, Life Insurance Corporation’s IPO, the nation’s largest public offering, was 1.79 times subscribed.

According to statistics released by the exchanges at 7 p.m., 29,08,27,860 offers were received against 16,20,78,067 shares offered for sale.

The initial public offering (IPO) will close on May 9.

The government aims to generate around Rs 21,000 crore by diluting 3.5% stake in the insurance giant.

LIC cut the size of its IPO to 3.5% from the 5% decided earlier due to choppy market conditions. Even after the reduced size of around Rs 20,557 crore, LIC’s IPO will be the largest initial public offering ever in the country.

HDFC raises home loan rates, effective May 9

HDFC raised its retail prime rate (RPLR) by 30 basis points on Saturday, three days after the Reserve Bank of India (RBI) announced a 40 basis point increase in its repo rate, leading to an equivalent increase in home loan rates for customers. The increase will take effect on May 9.

All existing customers will experience a 30 basis point price increase. This adjustment will also result in higher rates for new customers.

It comes just days after the company raised its benchmark lending rate by 5 basis points, leading to an increase in equivalent monthly payments from existing customers. Interest rates are expected to rise as the RBI plans to unwind its liberal monetary policy to control inflation.

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