MCD Election Results 2017 LIVE: BJP wins, AAP routed, Congress makes surprise comeback in Delhi

Get live updates and latest news on Delhi MCD Election 2017  results along with photos, videos

MCD election result LIVE: The Delhi civic election result will be declared today. The counting of votes polled in 270 wards of the South Delhi Municipal Corporation (SDMC), East Delhi Municipal Corporation (EDMC) and North Delhi Municipal Corporation (NDMC) began at 8 am. BJP is set to have a clear mandate.

 

The Congress party makes a surprise comeback and is at number 2 in the MCD South and MCD East, with Arvind Kejriwal's Aam Aadmi Party in last place. In the MCD North, where the BJP already has a big lead, AAP is a poor second. A win today will add to the BJP's list of victories in state and local elections across the country. For AAP, which swept assembly elections in Delhi two years ago, the Delhi civic elections are a fight to remain politically relevant after losing the Punjab and Goa elections last month

The counting of the votes will go on till late in the day. Security personnel belonging to Delhi Police, paramilitary forces and the Home Guards will keep watch at the counting centres.

 

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Exit polls predict sweep for BJP in Delhi

* India Today-Axis exit poll claimed the BJP may bag anything between 202 and 220 seats, while the AAP and the Congress will score something around 23-35 and 19-31 respectively.
 

* The CVoter-ABP exit poll claimed the BJP was likely to sweep Delhi with 218 seats, limiting the AAP and Congress to 24 and 22 seats respectively.

Delhi Chief Minister Arvind Kejriwal on Monday warned of launching a "movement" if the MCD exit poll results, which have predicted a BJP sweep, come true.

"If such results come then it proves that manipulation has happened, like in Punjab, Uttar Pradesh, Pune, Mumbai, Bhind and Dholpur. We are the product of a movement. We are not here to enjoy the pleasures of power. We will return to movement," he said.

  

 

E-wallets to the rescue: How to turn credit card money into hard cash

And it is free if done through e-wallets. But wallet companies can block repeat offenders

 

Latest News - A few weeks earlier, Paytm had started charging its customers a two per cent fee for adding money to the wallet using their credit cards. However, the mobile wallet company withdrew the fee after a week, saying it would cause inconvenience to a large section of their customers.

So, how does one transfer credit card money into a bank account via an e-wallet? The mechanism is quite simple. A user sends money to the wallet through his credit card, say Rs 15,000. Well-established mobile wallets such as Paytm, MobiKwik and FreeCharge allow funds in the wallet to be sent to any bank account. All the person has to do is enter his account number and the National Electronic Funds Transfer (NEFT) code. He can send the entire Rs 15,000 to any bank account he wishes to. 

Most wallet companies don’t allow transfer of funds immediately. One can send the money to a bank account only after 48 hours. The best part: There are no charges on deposit or on withdrawal of money from the wallet. The wallet provider bears the cost. 

It’s a smart way to get a hassle-free loan. An individual does not need to fill up an application form, share documents, wait for the approval, and so on. There’s no fear of rejection because of a low credit score. It can also be at zero cost if the person pays back the issuer before the due date. To many, it may look line an easy credit line, but it’s not.

A few do it to earn points on their credit card without actually spending on anything. But banks have to report to the income-tax.(read more...)