Kerala Police checkmates P.C. George, asks him to appear on Sunday

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Thiruvananthapuram, May 28 | Seven time legislator P.C. George, who was released on bail after spending a day in jail for his hate speech, on Saturday told the media that he will reply to Kerala Chief Minister Pinarayi Vijayan’s insinuations at an rally in bypoll-bound Thrikkakara on Sunday, but the police appeared to have checkmated him.

The Fort Police station here, which had arrested him on May 1 for his hate speech, served a notice to him to appear before the police probe team on Sunday at 11 a.m.

Incidentally even if he presents himself before the police with the election campaigning ending at 5 p.m on Sunday at Thrikkakara, he will not be able to make it on time as he will need at least six hours from here to Kochi by road.

Moreover there is no flight which lands at Kochi before 5 p.m and hence in all likelihood, George will have to be content to attack Vijayan here, or else he will have to skip presenting himself before the police.

Reacting to the checkmate of the police, George, in his characteristic style, said: “The dramatics of the Vijayan government is now out.” Meanwhile, he is busy seeking expert legal advice on what needs to be done.

He was given bail for his hate speech by a court in the state capital on May 1 , but a few days later, he repeated it and the government went ahead and filed a petition to cancel his bail. The court accepted the plea, his bail was cancelled, and he was arrested by the police on Thursday and sent to jail for a day, before he got bail from the High Court on Friday.

One of the conditions in the bail is he has to cooperate with the police probe team and hence if he fails to appear before the probe team here on Sunday, it could be more trouble for him.

Source: IANS

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Weekly Fundamental Market Outlook

Weekly Fundamental Market Outlook

Indian share market posted its first weekly gain in Jun by rising 2.7%.

This week, the Indian Stock Market rebounded strongly and ended with first weekly gain of 2.7% in June as a drop in commodity prices offered some relief from broadening inflationary pressures. Copper prices, which are often seen as a bellwether for economic output due to their wide range of industrial and construction uses, are heading for their worst week in a year, while oil prices have dropped over concerns of slumping demand.

While the US recessionary fears are still at the forefront, but the slide in commodity prices has lifted the mood of stock market.Cheaper oil is usually beneficial for oil-importing countries such as India.

Domestically, on sectorial basis, Auto and FMCG are the top gainers, while Metal index is the top losers. On stock basis, Hero MotoCorp, Eicher Motors, Hindustan Unilever, Maruti Suzuki and M&M were the top gainers and Tata steel, UPL, Reliance Industries, hindalco Inds and Coal India were the top losers.

In the next week, investors will keep a close eye on crude oil price movement, commodity prices, US economic activity and the geopolitical development.

 

Post Disclaimer by BhaskarLive.in

The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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