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Seven AAP Rajya Sabha MPs including Raghav Chadha, Ashok Mittal quit party; to join BJP

New Delhi, Apr 24 (PTI) In a massive jolt to the Aam Aadmi Party on Friday, seven of its Rajya Sabha MPs, including Raghav Chadha, Sandeep Pathak and Ashok Mittal, quit the party. Addressing a press conference, Chadha, flanked by Pathak and Mittal, said that two-thirds of the Aam Aadmi Party’s Rajya Sabha MPs have quit the party and will join the BJP as a faction. Chadha said that party MPs Harbhajan Singh and Swati Maliwal are also quitting the AAP. “AAP, that I nurtured with my blood and sweat and to which I gave 15 years of my youth,

Gold futures drops to Rs 1.51 lakh/10g as strong dollar, oil surge weigh on bullion

New Delhi, Apr 24 (PTI) Gold prices fell ₹462 to ₹1.51 lakh per 10 grams in futures trade on Friday, tracking weak global trends amid a stronger US dollar and rising crude oil rates. On the Multi Commodity Exchange, the yellow metal for June delivery declined ₹462, or 0.3 per cent, to ₹1,51,299 per 10 grams in a business turnover of 8,310 lots. Analysts said pressure on precious metals came from a firm dollar and elevated energy prices, as well as heightened inflation concerns. Gold prices declined on Friday. The pressure on the precious metals can be attributed to a

India’s Asteria, the Reliance unit at the centre of a bribery scandal

NEW DELHI, April 24 (Reuters) – A bribery investigation by India’s federal crime-fighting agency has put a spotlight on drone technology company Asteria Aerospace, a little-known unit of billionaire Mukesh Ambani’s Reliance Industries. The Central Bureau ​of Investigation arrested officials from India’s aviation watchdog and Reliance Industries earlier this week, alleging ‌bribery payments to secure approvals for certain drone imports. Reliance has previously said it did not authorise nor was aware of any such transactions, while the lawyer for the aviation watchdog’s official has opposed his custody. THE DRONES BUSINESS India’s drone ​industry has been on a growth trajectory since

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