Chitradurga (Karnataka) (PTI): The Congress hit out at the BJP on Tuesday, saying Karnataka Chief Minister Basavaraj Bommai is panic-stricken over the response that the Bharat Jodo Yatra is getting in his state and accused him of running a "corrupt" and "incompetent" government.
Congress in-charge of Karnataka Randeep Surjewala said Bommai should stop befooling people and posed a set of 10 questions to him, asking why has he not taken action in corruption cases.
The remarks came as Bommai and BJP strongman B S Yediyurappa started their Jana Sankalpa Yatra on Tuesday.
"Panic-stricken by the sea of people marching in BharatJodoYatra, CM Bommai-Yediyurappa begin their 'Plane-Helicopter' Yatra today.
"First, People of Karnataka want answers -- Was Yediyurappa removed as CM on charges of corruption? Has a corruption FIR lodged against him now by Lokayukta? Isn't the BJP government known Nationwide as '40PercentSarkara'?" Surjewala asked on Twitter.
"Isn't #PayCM the buzzword on everyone's mouth? Why have you not taken action on 40% commission complaint of 'contractors' association'? Why have you not acted on the 40% commission complaint of 13,000 Private Schools Association?" he asked.
The Congress leader also asked why has even Matta's Swamiji accused the Bommai government of 40-per cent commission and why Bharatiya Janata Party (BJP) MLAs themselves are accusing the government as "most corrupt".
"Why are your own MLAs saying even CM post is on sale for ?2,500 crores? Haven't your own ministers saying that there is no government in Karnataka and you are just passing time?" Surjewala asked.
"Mr. Bommai, the plain truth is...you have zero plans, zero vision for Karnataka -- yours is a zero-sum game. You lord over the most corrupt government in India. Your incompetence is becoming legendary and your mal-administration is exemplary. Stop fooling people, people will defeat you," the Congress leader said in a series of tweets.
Bommai and Yediyurappa launched the saffron party's yatra in the southern state from Raichur on Tuesday, in the run-up to the Assembly polls next year.
The two leaders are scheduled to cover 52 Assembly segments by December 25 as part of the Jana Sankalpa Yatra.
The ruling party's tour begins at a time when the Congress's Bharat Jodo Yatra, led by Rahul Gandhi, is passing through Karnataka.
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New Delhi, Jan 10: Investors' wealth tumbled Rs 12 lakh crore in three days of market slump due to uninterrupted foreign fund outflows and concerns over quarterly earnings.
Also, rising crude oil prices and a strengthening dollar index added to investors' pessimism.
In three days, the BSE benchmark Sensex tanked 820.2 points or 1.04 per cent.
On Friday, the 30-share BSE benchmark declined 241.30 points or 0.31 per cent to settle at 77,378.91. During the day, the benchmark gyrated 820.15 points between the day's high of 77,919.70 and low of 77,099.55.
The NSE Nifty dropped 95 points or 0.40 per cent to 23,431.50.
The market capitalisation of BSE-listed firms diminished by Rs 12,07,314.99 crore to Rs 4,29,67,835.05 crore (USD 5 trillion) in the three days.
From the 30-share blue-chip pack on Friday, IndusInd Bank, NTPC, UltraTech Cement, State Bank of India, Sun Pharma, Axis Bank, Tata Steel and Power Grid were among the major laggards.
Tata Consultancy Services jumped nearly 6 per cent after the IT services company reported an 11.95 per cent surge in the December quarter net profit to Rs 12,380 crore.
Devarsh Vakil, Head of Prime Research at HDFC Securities, said, "Strong quarterly earnings from TCS drove the IT index up 3.4 per cent, helping the market withstand a sharp sell-off."
However, despite broad gains across IT stocks, the Nifty fell for the third consecutive session, Vakil added.
Tech Mahindra, HCL Tech, Infosys and Bajaj Finserv were the other big gainers.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 7,170.87 crore on Thursday, according to exchange data.
"Domestic market sentiment remained subdued due to rising crude oil prices, driven by supply concerns, and a strengthening dollar index. Despite the IT sector's resilience following positive early Q3 results, broader indices bled due to uncertainties surrounding Trump policies and high valuations.
"Consolidation may persist in the near term, yet investors are closely watching the US non-farm payroll data today for further guidance," Vinod Nair, Head of Research at Geojit Financial Services, said.
The BSE smallcap gauge dropped 2.40 per cent and midcap index declined 2.13 per cent.
Among BSE sectoral indices, power tanked 3.07 per cent, utilities (2.86 per cent), realty (2.64 per cent), industrials (2.08 per cent), commodities (2.05 per cent) and consumer durables (1.98 per cent).
BSE Focused IT jumped 3.17 per cent, IT (2.65 per cent) and teck (2.24 per cent) were the biggest gainers.
As many as 3,167 stocks declined while 827 advanced and 84 remained unchanged on the BSE.
"Markets continued its downward trajectory as the rupee dropping to new lows against the strengthening dollar has further dampened investors' sentiment. Amid concerns of subdued economic growth and expectations of a slowdown in the quarterly earnings, investors cut their bet on banking and mid & small cap stocks.
"With expensive valuations of Indian markets at large still a concern, investors would mostly resort to stock-specific activities," Prashanth Tapse, Senior VP (Research) at Mehta Equities Ltd, said.