The Reserve Bank of India (RBI) has started investigating the Rs 300-crore fraud by Citibank manager Shivraj Puri after receiving a report from the bank. Officials at Citibank said the RBI had been regularly updated on its internal investigations since the fraud came to light. “We have shared all the details with the RBI. The RBI will now investigate the matter further,” the Citibank official said. An RBI spokesperson confirmed that the probe...
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Former SC judge demands probe into assets of ex-CJI's son-in-law
Barely weeks after firefighting the controversy over a central minister trying to influence an HC judge, former chief justice of India K G Balakrishnan has come under the spotlight again. Demands have emerged from several quarters for a probe into the assets of Balakrishnan's son-in-law, P V Sreenijan, an advocate and a leader of the Youth Congress in Kerala. The move comes in the wake of reports claiming a "baffling increase"...
More »Child labour continues to be rampant in India: US report
Large scale child labour persists in India, mostly in the agricultural sector and the informal economy despite initiatives by the government and instances of commercial sexual exploitation of minors are oft reported, a US report on the issue said on Wednesday. According to the India section of the annual report of the Department of Labor, children are exploited in the worst forms of child labour with a majority working in agriculture,...
More »Monsoon misery by TS Subramanian
Tamil Nadu: The north-east monsoon, 50 per cent in excess in the State, claims over 200 lives and destroys crops and infrastructure.A SERIES of weather systems, including a cyclone that missed Chennai narrowly, saw the skies open up over Tamil Nadu between November 4 and December 5, the period when the north-east monsoon is most active. Most of the 561 mm of rainfall that the State received between October 1...
More »Losing homes by Divya Gandhi
With the BRT Wildlife Sanctuary in Karnataka going to get a tiger reserve status, the Soligas living there face imminent eviction.NEVER before have the tigers of the Biligiri Rangaswamy Temple (BRT) Wildlife Sanctuary burned so bright, either in popular imagination or in administrative priority. With the Union Ministry of Environment and Forests approving “in principle” the status of a tiger reserve for the BRT sanctuary, the endangered cat has taken...
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