YSR Congress leaders looted state exchequer: Naidu

N Chandrababu Naidu accused the leaders of YSR Congress of looting the state exchequer.

Telugu Desam Party (TDP) president N Chandrababu Naidu on Sunday accused the leaders of YSR Congress,floated by former MP Jagan Mohan Reddy,of looting the state exchequer in the guise of development.

Naidu,who was campaigning for Kadapa bypoll,flayed a string of Jagan loyalists including former Mayor of Kadapa municipal corporation and Jagan’s maternal uncle Ravindranath Reddy and former Tirumala Tirupathi Devasthanam (TTD) chairman B Karunakara Reddy. He alleged that Ravindranath Reddy minted money during his stint as Kadapa mayor.

Naidu alleged that the B Karunakar Reddy amassed wealth by selling ‘darshan and seva’ tickets in his tenure as TTD chief. TDP candidate for Kadapa Lok Sabha seat M V Mysoora Reddy locked horns with YSR Congress chief Y S Jagan Mohan Reddy for the May 8 bypoll.

RBI keeps repo rate unchanged at 5.5%

Business2 hr ago

The Reserve Bank of India Wednesday kept the repo rate unchanged at 5.5 per cent. "MPC decides to keep monetary policy stance unchanged at 'neutral'", says RBI Governor. This is the second time that the repo rate has been kept unchanged.

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