Live Updates: Hyderabad, Telangana and Andhra Pradesh News Today 3 february 2022

With the huge competition among the cotton traders, the cotton prices have hit an all-time high in the Kurnool district. Adoni Cotton Market, a major hub for Rayalaseema districts as well as seven districts like U Bellary and Rayachoti, has witnessed an unprecedented rise in prices. The price of one quintal cotton has been at Rs. 10,759. As the season comes to end and with the reduced supply, increased demand, and competition among the traders, the prices have spiked up. The farmers are happy with the increase in the price of cotton.Read more

Andhra Pradesh Film Chamber Vice President Muthyala Ramdas said that the state government is taking swift action in the matter of rationalisation of cinema ticket rates in the state. It is learned that a special committee appointed by the government headed by the Home Secretary met at the Secretariat on Wednesday and received written feedback from distributors, exhibitors, cine-goers, theaters, and members of the Film Chamber Association.Read more

Ongole: The Prakasam district police are conducting vehicles checks and passenger identity verification at the bus stations and railway stations in the major towns and junctions in the Prakasam district and are taking the employees and teachers going to the 'Chalo Vijayawada' program into custody.Read more

The Central Bureau of Investigation on Thursday registered a case against a private company in Hyderabad for allegedly defrauding SBI by obtaining a loan of Rs 218 crore. The investigation bureau swung into action following a complaint by State Bank of India (SBI) of Secunderabad branch. The company - Nandini Industries India Pvt. Ltd (NIIPL) is said to have taken loans from the bank and tried to divert the funds to other entities by producing fake invoices to the bank.Read more

The Chalo Vijayawada call given by the employees union as part of the movement against the PRC has created a tense atmosphere in Vijayawada. On the other hand, the PRC Sadhana Samithi announced that they would organize a program despite the police refusing permission for the Chalo Vijayawada program. With this the situation became tense. Police were on high alert over the employees' movement and preventing them from reaching Vijayawada and setting up check posts on all the routes coming into the city to keep people out of trouble. Police have taken complete control of BRTS Road.Read more