There ought to be no confusion concerning the Reserve Bank of India order asserting withdrawal of Rs 2,000 foreign money notes from circulation after September 30, 2023. All banks have been directed to alternate these notes for different denominations at financial institution branches until that date. The RBI order says, these notes will proceed to be authorized tender until that date. This transfer comes almost 5 and a half years after demonetization of Rs 1,000 and Rs 500 foreign money notes on November 8, 2016. Confusion is sought to be created even after the detailed RBI notification issued on Friday night. Some opposition leaders are attempting to mission this as one other spherical of demonetization. Some have claimed there’ll once more be lengthy queues outdoors banks for alternate of notes. Some have stated, this order has created issues for the frequent folks. But the bottom actuality is that there are at current almost 34 lakh crore foreign money notes in circulation, out of which solely 3,62,000 foreign money notes are in Rs 2000 denomination, which involves lower than ten per cent. The RBI order is not going to impression the each day lifetime of frequent folks. It just isn’t that these having Rs 2,000 notes must hurry and get their notes exchanged. They have been given greater than 4 months’ time. Hence, there is no such thing as a must create pointless panic. One shouldn’t hearken to rumours.
WANKHEDE HAS EXPOSED HIMSELF BY LEAKING MESSAGES
Former Mumbai zonal director of Narcotics Control Bureau Sameer Wankhede has submitted earlier than the Bombay High Court, some messages despatched to him by famous person Shahrukh Khan from October 3 to fifteen, 2021, when the latter’s son Aryan Khan was in custody after the cruise medicine raid. By citing copies of those messages, Wankhede, who’s going through CBI motion on corruption fees, has sought to argue that “nowhere it suggests” a requirement was made for Rs 25 crore from Shahrukh Khan for early launch of his son. Wankhede bought aid from the holiday decide until Monday, and the CBI has stated, it doesn’t intend to arrest him instantly. CBI has filed an FIR towards Wankhede, an officer of Indian Revenue Service, two officers, Ashish Ranjan and Vishwa Vijay Singh (already dismissed), and two non-public people, for looking for Rs 25 crore bribe for not implicating Aryan Khan within the medicine seizure case. In the messages, Shahrukh Khan has been proven imploring and begging Wankhede to not implicate his son. Most of the messages convey the deep ache and desperation of a father, which Wankhede has sought to use. Wankhede is attempting to painting himself as an harmless officer, however he’s not so. Had he been harmless, he wouldn’t have recorded his confidential conversations together with his senior officers, nor would he had leaked the messages that Shahrukh despatched him. These will not be indicators of innocence. The grim actuality is that Wankhede knew that Aryan was harmless, he knew that no medicine have been discovered with Aryan, he additionally knew that when Aryan could be despatched to custody, his father Shahrukh could be determined to go to any extent. Wankhede determined to blackmail Shahrukh, and a plan to extort Rs 25 crore was made. Wankhede made all makes an attempt to intimidate Shahrukh Khan, threw an harmless youth in jail, and tried to strike concern by sending messages on telephone. He recorded all messages and calls that he bought from Delhi and Mumbai, and on Friday, he produced copies of all messages that he bought from Shahrukh and different officers. The purpose was to bolster his defence in court docket. Innocent bureaucrats by no means go to such extent. Such acts are dedicated by gangsters or underworld blackmailers. Now that CBI has amassed concrete proof, and a case has been registered, Wankhede is aware of he could also be arrested, and he’s thus looking for God’s blessings, and mercy and justice from court docket. One could ask why he didn’t present mercy, when a determined father was begging him for assist, which he disregarded and threw his son into jail? He tried to benefit from a determined father, and handled a 21-year-old youth as a hardcore felony. Wankhede is now afraid. He is aware of he could need to go to jail for his sins. In my view, this matter is grave as a result of Sameer Wankhede tried to show himself as an trustworthy officer. He was in a accountable publish and he misused his place. CBI ought to, subsequently, probe this matter deeply and set an instance in order that no officer ought to commit such acts in future.
CLEAN CHIT TO ADANI
The Supreme Court-appointed specialists’ committee headed by former SC decide AM Sapre has held that there was no regulatory failure on SEBI’s half, nor did it discover any proof to counsel that the rise in costs of Adani scrips was because of uncommon buying and selling, or shopping for or promoting of scrips of Adani group firms by 12 overseas portfolio traders, suspected to be linked to the identical group. The six-member specialists’ committee has submitted its report back to the apex court docket giving Adani group a clear chit. The report stated, Adani group was not discovered engaged in any manipulation in sale or buy of group firms’ scrips. The committee has additionally stated that regardless of the Hindenburg report, the belief of small traders in Adani group of firms ha snot declined. On the opposite hand, folks have invested extra money in Adani group scrips. It stated, some traders indulged in short-selling after the Hindenburg report got here on January 24, however the inventory market, on the entire, was steady. The opposition events had raised a hue and cry and had stalled your complete Parliament session by urgent demand for constituting a joint parliamentary committee to probe the matter. Statements have been made that industrialist Gautam Adani had created his empire in skinny air, and his complete empire was constructed on leaves. Gautam Adani himself got here earlier than the general public ands in ‘Aap Ki Adalat’ present, replied to each question. Adani instructed me within the present that he and his group by no means violated regulation or took recourse to unlawful strategies, and he was able to face inquiry. He additionally assured all traders that they might not lose a single paisa. Gautam Adani has now been proved proper. The report that was submitted on Friday, just isn’t a closing report. SEBI will file its closing report earlier than August 14 this 12 months. Only after that, all info referring to Gautam Adani will come earlier than the folks. The specialists’ committee report has made one level clear: There is not any truth to substantiate the allegations which were levelled until now. Those who levelled allegations can not query this report as a result of the specialists committee was constituted by the Supreme Court, and it was on the route of the apex court docket that the committee’s report was made public.
