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Oil firms’ losses on fuel sales may spike next fiscal-Utpal Bhaskar

Government-owned oil marketing companies (OMCs) may witness a 52% jump in losses on account of selling fuel below cost at state-mandated prices to Rs.2 trillion in the next financial year, said R.S. Butola, chairman, Indian Oil Corp. Ltd (IOC), the nation’s largest fuel retailer. Such an increase will impact the financials of government-owned OMCs such as IOC, Hindustan Petroleum Corp. Ltd (HPCL) and Bharat Petroleum Corp. Ltd (BPCL), which currently register...

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Anil Bairwal, National Convenor of Association for Democratic Reforms (ADR) and National Election Watch (NEW) interviewed by rediff.com's Vicky Nanjappa

A recent report put out by the Association for Democratic Reforms and National Election Watch revealed that 47 per cent of the newly-elected Uttar Pradesh assembly has candidates with criminal cases pending against them.  Barring Manipur, none of the other four states that went to polls is free of a tainted MLA. In Uttar Pradesh, the number of criminal MLAs has gone up from 37 per cent in 2007 to 47...

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States want to be effective stakeholders in counter-terrorism domain by Vinay Kumar

While agreeing in principle on the need to have an effective anti-terrorism mechanism on the lines of the proposed National Counter Terrorism Centre (NCTC), almost all States on Monday emphasised the need to make them an “effective stakeholder'' in all aspects of counter-terrorism domain. At a day-long meeting of the State police chiefs, Chief Secretaries and Home Secretaries, presided over by Union Home Secretary R. K. Singh, top officials wanted more...

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35 % of elected MLAs face criminal cases

-PTI 66 % are ‘crorepatis,' analysis of candidates' affidavits submitted to EC show More than one-third of the candidates elected in the just concluded Assembly polls in five States have criminal cases registered against them, with Uttar Pradesh topping the list. Thirty Five per cent or 252 of the 690 MLAs elected to the five Assemblies — Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa — have criminal background, a rise of eight per...

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In India, A Surge in Female Voters by Neha Thirani

The results for the assembly elections held across five Indian states, announced yesterday, threw up some surprises. But a welcome surprise in these elections was the high voter turn out. Voters, and particularly women voters, went to the polls in unexpectedly high numbers. Voter turnout jumped nearly 50 percent in one state, Uttar Pradesh, and women voted at higher rates than men in all five states that had elections. Activists credit...

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