Cong workers sprinkle 'ganga jal' after women bodybuilders pose at event in front of Hanuman's image
Ratlam, Mar 6: Congress functionaries on Monday sprinkled 'gang jal' at the venue of a bodybuilding competition organised by the Bharatiya Janata Party in Ratlam in Madhya Pradesh in which women bodybuilders posed, apparently to assuage an alleged affront to Lord Hanuman, the celibate patron deity of the sport.
The 13th Mister Junior Bodybuilding Competition was held on March 4 and 5, and it had women bodybuilders posing in front of the image of Hanuman, after which local Congress leaders sprinkled 'ganga jal' and recited 'Hanuman Chalisa' as part of the "purification" of the venue, party functionaries said.
As per the event's invitation card, the organising committee includes the city's BJP mayor Prahlad Patel, while the patron is legislator Chaitanya Kashyap.
A video of the event, which surfaced on social media during the day, showed women bodybuilders posing, leading to former mayor and Congress leader Paras Saklecha accusing Patel and Kashyap of showcasing "indecency".
District Youth Congress Committee president Mayank Jat said Lord Hanuman will punish those who were involved in this.
State BJP spokesperson Hitesh Bajpai hit back claiming the Congress did not want to see women excelling in sports, while some of the event organisers submitted a memorandum to the police demanding action against the Congress leaders.
In his video statement, Bajpai said, "Congressmen cannot see women taking part in wrestling, gymnastics or swimming because the devil inside them awakens by seeing this. They look at women on the playground with dirty eyes. Aren't they ashamed?"
Meanwhile, Piyush Babele, the media advisor of MP Congress chief Kamal Nath, sought an apology from Chief Minister Shivraj Singh Chouhan alleging the event, which was held to mark the CM's birthday on Sunday, was "disrespectful to Hindus and Lord Hanuman".
Babele said his party will boycott Bajpai in television debates for "supporting obscenity".
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SEBI must name 'big players' profiteering at expense of small traders in F&O trading: Rahul Gandhi
New Delhi, Sep 24: Congress leader Rahul Gandhi on Tuesday said 90 per cent of small investors have lost Rs 1.8 lakh crore in Futures and Option (F&O) trading in three years and asked the SEBI to reveal the names of the "so called big players" profiteering at their expense.
More than 91 per cent, or 73 lakh, individual traders lost money in the F&O segment in FY24 with an average net loss of Rs 1.2 lakh per person, a study conducted by markets regulator Securities and Exchange Board of India (SEBI) revealed on Monday.
Further, 93 per cent of over 1 crore individual F&O traders incurred average losses of about Rs 2 lakh per trader (inclusive of transaction costs) during the three years from FY22 to FY24. The aggregate losses of such traders exceeded Rs 1.8 lakh crore during the period.
Gandhi, who is the leader of the Opposition in the Lok Sabha, said on X, "Uncontrolled F&O trading has grown 45X in 5 years. 90% of small investors have lost ₹1.8 lakh Cr in 3 years."
"SEBI must reveal the names of the so called 'Big Players' making a killing at their expense," the former Congress chief said.
The study said in FY24 alone, individuals incurred about Rs 75,000 crore in net losses.
It found the top 3.5 per cent of loss-makers -- about 4 lakh traders -- faced an average loss of Rs 28 lakh per person over the same period, inclusive of transaction costs.
On the other hand, only 7.2 per cent of individual F&O traders made a profit over the period of three years and only 1 per cent of individual traders managed to earn profits exceeding Rs 1 lakh, after adjusting for transaction costs.
Moreover, the number of retail traders, or individual traders, has almost doubled in two years to about 96 lakh in FY24 from about 51 lakh in FY22.
Although such investors contributed about 30 per cent to the total turnover in FY24, they are a clear majority in number terms, as 99.8 per cent of total traders in the equity F&O segment are individuals.
"The availability of sophisticated trading platforms and lower transaction costs have enabled retail investors to actively trade in options and futures contracts, contributing to the surge in market liquidity," SEBI said.
The regulator said rapid growth in F&O trading activity has highlighted the need for investor education and risk management practices, as a significant proportion of retail traders continued to incur losses in the market.
Uncontrolled F&O trading has grown 45x in 5 years.
— Rahul Gandhi (@RahulGandhi) September 24, 2024
90% of small investors have lost ₹1.8 lakh Cr in 3 years.
SEBI must reveal the names of the so called “Big Players“ making a killing at their expense.
