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The Hindu
5 days ago
- Sport
- The Hindu
Abhijeet Gupta triumphs in Delhi Open chess tournament
Grandmaster Abhijeet Gupta executed a quick draw in the tenth round against Aronyak Ghosh and clinched the title with 8.5 points in the 21st Delhi GM Open chess tournament at the Tivoli Gardens, Chhattarpur, on Saturday. It was a 12-move draw following a repetition of the position thrice that ensured the fourth title in the tournament for the 35-year-old Abhijeet. The title fetched a cash prize of Rs.7,00,000 for Abhijeet who won seven matches and drew the other three. There were five players tied on eight points, but as per the tie-break score, Mihail Nikitenko, Diptayan Ghosh, Aronyak Ghosh, Aditya Samant and Duc Hoa Nguyen were placed second to sixth in that order. The second placing was worth Rs.6,00,000 while the reduction of prize money by Rs.1,00,000 every spot meant Rs.2,00,000 for the sixth place. There were as many as 16 players tied on 7.5 points, but the tie-break rule categorised them in order, fetching Rs.1,00,000 for the seventh to tenth place. Top seed SL Narayanan finished seventh and pocketed Rs.1,00,000. There was cash prize up to the 55th spot in the tournament that carried an overall prize purse of Rs.1.21 crore, spread over three sections. In the category of the lowest rated players, Dinesh Kumar won the first prize of Rs.4,00,000. He was followed by Naitik Sethi and M Sibi who won Rs.3,00,000 and Rs.2,00,000 respectively. The results (tenth round): Abhijeet Gupta 8.5 drew with Aronyak Ghosh 8; S.L. Narayanan 7.5 drew with Aditya Samant 8; Diptayan Ghosh 8 bt Adarsh Sriram 7; Semetei Tegin 7.5 drew with Karthik Venkataraman 7.5; Manuel Petrosyan 7.5 drew with Mamikon Gharibyan 7.5; Luka Paichadze 7.5 drew with Neelash Saha 7.5; Duc Hoa Nguyen 8 bt Vitaly Sivuk 7; S. Nitin lost to Mihail Nikitenko 8; Deepan Chakkravarthy 7 drew with Van Huy Nguyen 7.5; Levan Pantsulaia 6.5 lost to Saravana Krishnan 7.5; David Gochelashvili 6.5 lost to Arsen Davtyan 7.5; P. Karthikeyan 7 drew with Harsh Suresh 7; Mikulas Manik 7 drew with Hari Madhavan 7; Uurtsaikh Agibileg 7.5 bt Viresh Sharnarthi 6.5; Alexander Slizhevsky 6.5 lost to Paras Bhoir 7.5.


Indian Express
10-06-2025
- Politics
- Indian Express
Power bill demand of Rs 1.91 crore ‘wholly unnatural and arbitrary', Allahabad High Court gives relief to Sambhal MP, directs that electricity supply be restored
The Allahabad High Court has directed the Uttar Pradesh Power Corporation Ltd (UPPCL) to restore power supply at the house of Sambhal Member of Parliament, Zia Ur Rehman Barq. In a significant relief to the Samajwadi Party MP, the Allahabad High Court also stayed the operation of an electricity bill demand of Rs 1.91 crore raised by the UPPCL, terming it 'wholly unnatural and arbitrary', in its June 4 order. The matter was heard by a division bench comprising Justices Saumitra Dayal Singh and Sandeep Jain. The court was hearing a writ petition filed by the Sambhal MP challenging the assessment order dated May 15, 2025. The court also directed the restoration of the electricity connection, subject to a deposit of Rs 6 lakh and timely payment of future bills. 'Subject to the petitioner depositing Rs.6 lakhs within a period of two weeks from Wednesday, the effect and operation of order dated 15.05.2025, shall remain stayed and the electricity connection of the petitioner, that may have been temporarily disconnected, may be restored forthwith and be maintained subject to timely payment of future bills,' read the court order. Barq was represented by advocates Bidhan Chandra Rai and Stuti Rai, who argued that the UPPCL lacked jurisdiction to assess electricity usage for 'a period of 12 years', asserting that the maximum permissible assessment period under the law is one year. 'Submission is that even if the inspection report and adverse facts allegedly found therein are accepted, no jurisdiction arose with the respondent authorities to make assessment for a period of 12 years,' the court order read. The order further said that the maximum period for which assessment may have been made could not exceed one year. 'By breaching the statutory period of assessment, wholly unnatural and arbitrary demand of Rs.1 crore 91 lacs has been raised. The petitioner cannot be made to deposit 50% of such illegal demand to maintain an appeal,' said the order passed on June 4. The court granted three weeks to the UPPCL to respond and fixed the date of next hearing as July 2, 2025. The fine was imposed on the MP after allegations of power theft at his residence, on December 19. On the same day, he was charged with large scale electricity theft and the power supply to his residence was disconnected.


Mint
04-06-2025
- Business
- Mint
Women-specific personal loans 2025: Interest rates, features and eligibility
Although personal loans that have been crafted specifically for women are the most essential tools for financial empowerment and independence these days in the ever-changing financial industry, they promise flexibility, convenience, and assistance across a spectrum of endeavours in life, including those that meet the specific financial needs and goals of women. The loans are unsecured loans; therefore, women-specific personal loans are targeted at the different financial needs of an individual from their institutions. A few of the intended purposes might include education, starting your own business, unforeseen medical expenses, remodelling your house, or even during celebratory periods, such as weddings. Unsecured financing: These loans are available to women who would not have borrowing power otherwise, as they are collateral- and guarantee-less loans. These loans are available to women who would not have borrowing power otherwise, as they are collateral- and guarantee-less loans. Competitive interest rates: In order to provide avenues for financial inclusion, many lenders have historically offered better interest rates for loan applicants who are female as proof of their creditworthiness. In order to provide avenues for financial inclusion, many lenders have historically offered better interest rates for loan applicants who are female as proof of their creditworthiness. Flexible repayment options: Since loans can be scheduled between 12 months to 60 months, women have the ability to choose a repayment plan depending on their goals and financial condition. Since loans can be scheduled between 12 months to 60 months, women have the ability to choose a repayment plan depending on their goals and financial condition. Speed of disbursement and minimal documentation: Money is quickly released and approved because of lesser documentation and a simpler application procedure. To guarantee rapid financial assistance, many institutions provide immediate loans to their ongoing clients. Because lending standards are set by individual lenders, eligibility requirements may vary from one lender to the next, but typically include: Age: Generally, applicants fall in the range of 21-60 years of age, Employment: Applicants could be self-employment or salaried and could qualify independently if they can show stable earning income, Income: Generally, they may mention a minimum earning requirement of a ₹ 15,000 per month, Credit score: Your credit score has a better chance of getting approved with a good credit score generally referenced as above 685. Banks Interest rates Processing fees SBI 10.30% - 15.30% Up to 1.50% HDFC Bank 10.90% p.a. - 24.00% p.a. Rs.6,500 + GST HSBC Bank 10.15% p.a. - 16.00% p.a. Up to 2% ICICI Bank 10.85% p.a. - 16.65% p.a. Up to 2% IndusInd Bank 10.49% p.a. onwards Up to 3.5% onwards Kotak Mahindra Bank 10.99% and above Up to 5% IDFC First Bank 10.70% p.a. onwards Up to 2% Note: The interest rates may vary from borrower to borrower, as banks assess applicant's profile depending on the employment, income and credit score. Research and compare: Review the lenders and compare between lenders to see who has the better lending options for you. Review the lenders and compare between lenders to see who has the better lending options for you. Verify your eligibility: Verify you are meeting all of the requirements laid down by the lender. Verify you are meeting all of the requirements laid down by the lender. Documentation : Aside from your identities, proof, existence of address; proof of income, statements from your bank accounts. Aside from your identities, proof, existence of address; proof of income, statements from your bank accounts. Apply: You can apply at the lenders branch, or their website or mobile application. You can apply at the lenders branch, or their website or mobile application. Approval and disbursement: Generally, after your credit approval, loan amounts are less than a day for disbursement. In conclusion, giving women loans means more than just offering a financial product-they are political instruments to ensure that women can be financially empowered, get out of emergencies, and follow their dreams. These loans are, therefore, crucial to closing the gender gap in financial inclusion, offering timely, accessible, and customized financial solutions. Disclaimer: Mint has a tie-up with fin-techs for providing credit, you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit score. Mint does not promote or encourage taking credit as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.


Hans India
22-05-2025
- Politics
- Hans India
Welfare assistant suspended over bribery charges
Madanapalle (Annamayya district): DistrictCollector Sridhar Chamakuri has suspended D Dwarakanath Naidu, a Welfare Assistant at Kolla Bailu-1 village secretariat in Madanapalle mandal, following allegations of bribery and fraud linked to a fake government loan scheme. The action was taken after a complaint was lodged by residents Reddappa and Harish of Kurparthi village, Valmikipuram mandal, during the Public Grievance Redressal System programme on April 28. The complainants accused Naidu of taking Rs.30,000 in cash and another Rs.49,000 through PhonePe, promising to arrange a Rs.6 lakh loan under the Pradhan Mantri Yojana scheme. They alleged that he also issued them forged ID cards and fabricated loan sanction letters. Acting on the complaint, Collector Sridhar ordered a preliminary investigation by the Mandal Parishad Development Officer (MPDO) of Madanapalle. The inquiry confirmed the charges, leading to Naidu's immediate suspension on Wednesday. The MPDO has been asked to submit a detailed report to the District Social Welfare Officer. Meanwhile, the Assistant Social Welfare Officer has been instructed to formally record the suspension in Naidu's service register. The suspended employee has also been barred from leaving the village without prior permission.


Business Standard
12-05-2025
- Business
- Business Standard
Volumes soar at C.E. Info Systems Ltd counter
C.E. Info Systems Ltd recorded volume of 6.21 lakh shares by 14:14 IST on NSE, a 8.06 times surge over two-week average daily volume of 77005 shares The Ramco Cements Ltd, Triveni Turbine Ltd, Cera Sanitaryware Ltd, HFCL Ltd are among the other stocks to see a surge in volumes on NSE today, 12 May 2025. C.E. Info Systems Ltd recorded volume of 6.21 lakh shares by 14:14 IST on NSE, a 8.06 times surge over two-week average daily volume of 77005 shares. The stock gained 10.39% to Rs.2,029.30. Volumes stood at 56465 shares in the last session. The Ramco Cements Ltd registered volume of 36.36 lakh shares by 14:14 IST on NSE, a 7.63 fold spurt over two-week average daily volume of 4.76 lakh shares. The stock rose 1.12% to Rs.950.00. Volumes stood at 1.65 lakh shares in the last session. Triveni Turbine Ltd witnessed volume of 85.56 lakh shares by 14:14 IST on NSE, a 7.52 times surge over two-week average daily volume of 11.37 lakh shares. The stock increased 10.35% to Rs.569.00. Volumes stood at 7 lakh shares in the last session. Cera Sanitaryware Ltd notched up volume of 4.28 lakh shares by 14:14 IST on NSE, a 6.61 fold spurt over two-week average daily volume of 64709 shares. The stock rose 11.59% to Rs.6,508.00. Volumes stood at 2.49 lakh shares in the last session. HFCL Ltd witnessed volume of 368.47 lakh shares by 14:14 IST on NSE, a 3.91 times surge over two-week average daily volume of 94.16 lakh shares. The stock increased 9.86% to Rs.81.45. Volumes stood at 158.85 lakh shares in the last session.