LATE CITY, 22 PAGES, AHMEDABAD, `3.00 ● THURSDAY, MARCH 1, 2018 ● WWW.INDIANEXPRESS.COM TheIndian EXPRESS DAILY FROM: AHMEDABAD, CHANDIGARH, DELHI, JAIPUR, KOLKATA, LUCKNOW, MUMBAI, NAGPUR, PUNE, VADODARA Growth 7.2% in Oct-Dec, fastest in five quarters ENS ECONOMIC BUREAU NEW DELHI, FEBRUARY 28 THE COUNTRY’S gross domestic product (GDP) grew at the fastest pace in five quarters at 7.2 per cent in October-December, as against 6.5 per cent in the previous quarter and 6.8 per cent in the same period last year, helped by a sharp pickup in the services sector and a rebound in agriculture and manufacturing. The second advance estimate, released by Central Statistics Office (CSO) on Wednesday, showed that the overall GDP growth rate for 2017-18 is estimated to inch up marginally to 6.6 per cent from the first advance estimate of 6.5 per cent re- QUARTERLY GDP 2017-18 2016-17 April-June 5.7% 8.1% July-Sept 6.5% 7.6% Oct-Dec 7.2% 6.8% leased last month, but would be the lowest growth in four years. GDP growth rate for JulySeptember was revised upwards to 6.5 per cent from the earlier estimate of 6.3 per cent, according to the data released. The country had recorded GDP growth of 7.1 per cent in the previous financial year. Manufacturing, construction, CONTINUED ON PAGE 2 JOURNALISM OF COURAGE HELD AT CHENNAI AIRPORT, FLOWN TO DELHI BILL FOR FILM FESTIVAL CEREMONIES CBI arrests Karti Chidambaram in INX case, Cong says it’s vendetta Prasar Bharati vs I&B again: DD says no to Rs 2.92 cr for pvt firm CBI quotes Indrani: PC asked us to help his son DEEPTIMAN TIWARY & ABHISHEK ANGAD NEW DELHI, FEBRUARY 28 KARTI CHIDAMBARAM, son of senior Congress leader and former Union Finance Minister P Chidambaram, was arrested by the CBI Wednesday in connection with its probe into the INX Media case. Flown to New Delhi from Chennai airport where he was held shortly after he stepped off a flight from the UK, Karti was produced before Metropolitan Magistrate Sumeet Anand who directed the CBI to present Karti before the sessions court of Sunil Rana at 2.30 pm Thursday. Seeking Karti’s custody, CBI DEEPTIMAN TIWARY & ABHISHEK ANGAD NEW DELHI, FEBRUARY 28 Karti Chidambaram in New Delhi. Prem Nath Pandey counsel V K Sharma handed a remand application which stated: “Karti Chidambaram had not cooperated with the investigation... CONTINUED ON PAGE 2 INVESTIGATION AGENCIES said the arrest of Karti Chidambaram followed a statement by accused Indrani Mukerjea in which she had alleged that P Chidambaram, while he was Union Finance Minister, had asked her and her husband Peter Mukerjea to help his son’s business. In her statement recorded by the CBI under Section 164 of the CrPC, Indrani Mukerjea, who is 13 EXPLAINED Decade-old case of INX Media SUSHANT SINGH GUJARAT ● SHIVANAND JHA APPOINTED STATE POLICE CHIEF, P 3 BUSINESS AS USUAL BY UNNY IITs, univs show dip in world ranks subject-wise EXPRESS NEWS SERVICE NEW DELHI, FEBRUARY 28 INDIA HAS slipped in the world university rankings again, with the Indian Institutes of Technology (IITs) seeing an overall dip in performance across at least 25 subjects, according to the QS World University Rankings 2018 announced on Wednesday. While the premier engineering schools have secured 80 rankings across 48 subjects, their performance has dropped in 25 cases as against an improvement in only five cases. The overall picture worsens if the performance of the Indian Institute of Science (IISc), Bengaluru, is taken into consideration — 33 cases of a dip in rankings against only five improvements. While IISc has figured in 14 subject rankings, its performance in 11 subjects has registered a drop when compared to last year. CONTINUED ON PAGE 2 VERY LITTLE TO CHEER FOR PAGE 13 GOVT & POLITICS ● CONG RETAINS BOTH SEATS IN MP, BJD WRESTS ODISHA SEAT P 8 NEW DELHI, FEBRUARY 28 THE NDA government negotiated procurement of 36 Rafale fighter jets from France, under a government-to-government deal in 2016, for a price lower than the one negotiated by the previous UPA government under a commercial bid by Dassault Aviation, top government sources have told The Indian Express. Sources said that the figure of Rs 525 crore or approximately Euro 79 million per Rafale aircraft which Opposition parties have been citing — they have claimed that the NDA government paid more than what Dassault Aviation had quoted earlier — is based on the manufacturer’s 2007 bid at the then exchange rate (I Euro = Rs 66.60). This, sources said, was the cost of a “bare” Rafale, without NEW RAFALE 2007 BID `765.4 cr (IN 2015, AS PER ESCALATION PLAN & 2015 EXCHANGE RATE) already behind bars in the Sheena Bora murder case, alleged that a deal of USD 1 million was struck between Karti and CONTINUED ON PAGE 2 2016 `696 cr (2015 EXCHANGE RATE) EXTRA COST Weaponry €710 mn Spares €1800 mn Weather terrain fits €1700 mn Logistics Support €353 mn weapons, avionics, radars, missiles and other specific customisations for the IAF. CONTINUED ON PAGE 2 No request made to US for F-35 fighter jet, says IAF chief NEW DELHI, FEBRUARY 28 CONTINUED ON PAGE 2 THE FACEOFF between the Information and Broadcasting Ministry and Prasar Bharati over the latter’s autonomy on hiring and firing has now spilled into financial matters. Doordarshan (DD), under Prasar Bharati, has rejected repeated demands ofthe National Film Development Corporation (NFDC) — which falls under I&B Ministry — to pay Rs 2.92 crore as expenses to a Mumbai-based private firm that arranged for live coverage ofthe opening and closing ceremonies of the 2017 International Film Festival ofIndia. Doordarshan claims there was “no rationale nor any prece- EXPRESS NETWORK ● I&B FIRES NFDC MANAGING DIRECTOR, P 9 dent” to outsource the job since it had been doing this all these years and had the “in-house” capability to telecast the ceremonies live. Responding to a Right to Information application filed by The Indian Express, NFDC said, on February 9, that the contract for the opening and closing ceremonies as well as for the red carpet was awarded to SOL Productions Pvt Ltd. It did not, however, disclose the financial CONTINUED ON PAGE 2 Stop wilful defaulters from leaving country: Home to Immigration SUSHANT SINGH THE INDIAN Air Force (IAF) has denied that it has shown explicit interest in procuring the American F-35 Lightning II aircraft for its depleting fighter fleet. The reports about IAF approaching Lockheed Martin for a classified briefing on the F-35 came amid news that the government has IAF Chief B S Dhanoa decided to scrap the proposal to make a singleengine foreign fighter in India. “We have not officially asked for a briefing on the F-35 nor has any request been made to the LIZ MATHEW & KRISHN KAUSHIK NEW DELHI, FEBRUARY 28 Basic Rafale 2016 costs less than 2007, weapons extra: Officials Govt does not intend to buy more Rafale fighters anytime soon, say sources The 2017 IFFI was held in Goa in November. File AMITAV RANJAN NEW DELHI, FEBRUARY 28 FINAL JOURNEY Sridevi’s husband Boney Kapoor at her funeral in Mumbai on Wednesday. Prashant Nadkar REPORT, PAGE 9 RED-FACED over diamantaire Nirav Modi slipping out of the country, the Ministry of Home Affairs last Friday directed the Bureau of Immigration not to allow promoters of companies that have defaulted on their bank loans to leave the country. “They have been told not to allow them through the emigration check point and to turn them back,” sources said. “No arrests have to be made.” These persons, they said, would be allowed to travel only when the individual submits a court order permitting him or her to travel abroad for a specific purpose, mainly for medical treatment. However, for such relaxation, the identified defaulters would have to pledge a collateral and indemnify that their family members would reside in the country during their absence. Sources said the direction was issued after the Reserve Bank of India provided the list of defaulters that was handed to the Ministry of External Affairs for providing their passport details. The names and their passport numbers were sent to the Bureau earlier this month, said sources.
Indian Express Limited is an Indian news media publishing company. It publishes several widely circulated dailies, including The Indian Express and The Financial Express in English, the Loksatta in Marathi and the Jansatta in Hindi.