National News
Lookout circular for Chitra Ramakrishna and 2 others
The Central Bureau of Investigation (CBI) has issued a ‘Lookout Circular’ for Chitra Ramakrishna, the former Managing Director and Chief Executive Officer of the National Stock Exchange (NSE), Subramanian Anand, the former group operating officer and Ravi Narayan, former NSE CEO (before Chitra). This was done as a precautionary measure.
Sources told IANS that Ramakrishna and the other two were flight risks and hence the Lookout Circular (LOC). Arrests in the case are now more likely to happen, said the source.
The CBI is currently grilling Chitra Ramakrishna at one of its offices in Mumbai. She was earlier called by the CBI to join the investigation immediately.
The CBI has already lodged an FIR against Chitra on the basis of the 192 page report of SEBI in which she has been accused of leaking classified information to a Yogi who lived in the Himalayas.
This Yogi, identified as Subramanian, was brought to the NSE by Ramakrishna and had access to the email ID on which the emails were sent.
The CBI official close to the investigation said that Ramakrishna was evasive and was frequently changing her statements. She has tried to mislead the investigation and in the coming days Ravi Narayan and Subramanian will also be grilled by the CBI, added the official.
“There was a flight risk, there were possibilities that they may flee abroad and taking preventive steps we issued the LOC,” sources told IANS.
On Thursday the Income Tax Department had conducted raids at her houses in Mumbai and Chennai. The sources said that incriminating documents were recovered during the raids.
The I-T department scanned various transactions and digital records. They also recorded the statements of a few of her employees.
Recently SEBI had imposed a fine of Rs 3 crore on her. SEBI had uploaded a 192-page order on its official website narrating how Chitra was allegedly involved in suspicious activities by leaking information.
Chitra had said that a sage, who lives in the Himalayas, was giving her directions. She also sent him emails regarding the NSE.
She quit SEBI in December 2016.
It has been learnt that she allegedly shared vital inputs with the Yogi. “Information regarding organisational structure, dividend scenario, financial results, human resource policies and related issues, response to regulator, etc., were shared by her with the Yogi,” said the source. Between 2014 and 2016 she sent emails at rigyajursama@outlook.com.
Subramanian was made the Chief Strategic Advisor of NSE. He served at this post between 2013 and 2015. He was given the post of group operating official and advisor to the MD. He discharged his duties on this post between 2015 and 2016.
Subramanian, who had previously been working as a mid-level manager in Balmer and Lawrie, had no exposure to the capital market. His salary was increased from Rs 15 lakh to Rs 1.68 crore annually. In 2017 his salary was hiked to Rs 4.21 crore yearly.
National News
Ajit Pawar’s Widow Sunetra Swears In As Maharashtra’s Deputy CM, Becomes 1st Woman To Hold The Post

Mumbai: Late NCP leader Ajit Pawar’s wife, Sunetra Pawar, on Saturday, January 31, took oath as Maharashtra’s Deputy CM at Mumbai’s Lok Bhavan. With her swearing-in, she has become the first woman to become the Deputy Chief Minister of the state. NCP leaders chant ‘Ajit dada amar rahe’ as Sunetra Pawar took oath as Maharashtra Deputy CM.
Maharashtra CM Devendra Fadnavis, Deputy Chief Minister Eknath Shinde, Governor Acharya Devvrat, Chandrashekhar Bawankule, State President of NCP, Sunil Tatkare and NCP MP Praful Patel, Chhagan Bhujbal, among other leaders, were present at Lok Bhavan for the swearing-in ceremony. Before heading to the Lok Bhavan, Sunetra Pawar paid respects at the late Deputy CM Ajit Dada Pawar’s portrait.
Earlier in the day, Pawar was elected as the party’s legislative leader. After Ajit Pawar’s death, a section of NCP leaders had demanded that she be given the post held by her late husband in the Devendra Fadnavis-led cabinet.
Born on October 18, 1963, Pawar is an Indian politician from Maharashtra and comes from the influential Pawar political family.
Speaking of her educational qualifications, she completed her Bachelor of Commerce (B.Com) degree in April 1983 from Dr Babasaheb Ambedkar Marathwada University, S.B. Arts & Commerce College, Aurangabad.
According to her official website, in 2010, Pawar founded the Environmental Forum of India (EFOI), an NGO dedicated to raising environmental awareness and fostering eco-conscious communities.
According to her affidavit, her declared total income for the financial year 2022-23 was Rs 4,22,21,010.
Until the 2024 Lok Sabha elections, Sunetra Pawar had kept a low profile. In the Lok Sabha polls that year, she stood from Baramati as the candidate of her husband’s party, but was defeated by her sister-in-law and incumbent NCP (SP) MP Supriya Sule. Sunetra Pawar was subsequently elected to the Rajya Sabha.
Sunetra Pawar and Ajit Pawar have two sons, Jay Pawar and Parth Pawar, who are actively involved in business and politics.
While speaking to the media, NCP leader Sunil Tatkare said, “We will take Ajit dada’s ashes across the state. We saw a video where a meeting is being held. The meeting took place over tea during an agricultural exhibition. Following the meeting, Ajit Dada stated at a press conference that discussions were held regarding local body elections.”
Ajit Pawar died in the Baramati plane crash on January 28. The incident happened when the jet carrying NCP leader Pawar and others was descending in Pune’s Baramati region.
Business
New excise duty, health cess on cigarettes, pan masala to begin from Feb 1

New Delhi, Jan 31: From February 1, the government is bringing a new tax structure for cigarettes, tobacco products and pan masala, aiming to tighten regulation and keep tax levels high on these so-called ‘sin goods’.
An additional excise duty will now be charged on cigarettes and tobacco products, along with a new health and national security cess on pan masala.
These new levies will replace the earlier system under which these products were taxed at 28 per cent GST along with a compensation cess that has been in place since the launch of GST in July 2017.
The government is also introducing a new MRP-based valuation system for several tobacco products such as chewing tobacco, filter khaini, jarda scented tobacco and gutkha.
Under this system, GST will be calculated based on the retail price printed on the packet, instead of factory value.
This move is expected to reduce tax evasion and improve revenue collection. Pan masala manufacturers will now have to take fresh registration under the new health and national security cess law starting February 1.
They will also be required to install CCTV cameras that cover all packing machines and store the video recordings for at least two years.
In addition, companies must inform excise authorities about the number of machines in their factories and their production capacity.
If any machine remains non-functional for 15 days in a row, manufacturers will be allowed to claim a reduction in excise duty for that period.
Even after the new changes, the government has ensured that the overall tax burden on pan masala, including 40 per cent GST, will remain around the current level of 88 per cent.
National News
‘Must Have Been BJP Pressure’: Sena UBT Leaders Question Sunetra Pawar’s Swearing-In As Maharashtra Deputy CM 4 Days After Ajit Dada’s Death

Mumbai: Shiv Sena UBT leaders on Saturday, January 31, has sharply reacted to Sunetra Pawar oath taking ceremony as the Maharashtra Deputy Chief Minister, questioning the reason for the haste.
Shiv Sena (UBT) spokesperson Anand Dubey raised moral and political concerns, saying, “…Is what is happening moral?… Sharad Pawar is not aware of anything… Maharashtra is not happy with what is happening… What is the reason for this haste?…”
Echoing similar sentiments, Sanjay Raut said he had also heard reports about Sunetra Pawar taking the oath but stressed that Maharashtra is still in mourning over Ajit Pawar’s death. He also slammed the BJP, saying that the party does politics over dead bodies. “Maharashtra has not yet recovered from the grief of Ajit Pawar’s death.”
Calling it their party’s choice, he added, “This is a decision of their party. Praful Patel is a national leader. Sunil Tatkare is also a national leader. If these national leaders have made a decision, then it is their choice.”
Pawar added that Ajit Pawar’s party is an independent faction, hence, “This is a decision within their party. Discussions took place, and a decision is being made.”
He further added, “The BJP is a party that does politics over dead bodies. While Ajit Pawar was alive, their coming together was possible…, but now I don’t know. I am commenting only on the events that have transpired in the BJP case.”
Rajya Sabha MP Priyanka Chaturvedi also hinted at possible pressure from the BJP due to their alliance in the Maha Yuti government in Maharashtra. “…Decision will be made by their (NCP) side, there must have been pressure by BJP too because they are together in Maha Yuti Govt there.”
However, she welcomed the decision that Sunetra Pawar will be the first woman Deputy CM of the state. “I welcome this”, hoping that, “in her new role, she will contribute towards the vision, thinking and commitment of Ajit Pawar for Maharashtra and take Maharashtra towards progress.”
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