-The Hindu The report of the Reserve Bank of India (RBI)-appointed Committee on Comprehensive Financial Services for Small Business and Low Income Households has been placed on the central bank's website for comments. Considering the voluminous nature of the report and even more pertinently its complex and, detailed treatment of the subject, the deadline for receiving comments, now set at January 24, would, in all probability, need to be extended. The report packs...

-The Times of India   NEW DELHI: In a first for the criminal justice administration, the Supreme Court has ordered fastening accountability on investigating officers and public prosecutors, saying they must face punishment if it was found that their deliberate lapses resulted in acquittal of the accused in cases involving serious offences. "On the culmination of a criminal case in acquittal, the investigating or prosecuting officials responsible for such acquittal must necessarily be...

-The Times of India NEW DELHI: After getting the mandate to audit power distribution companies from Arvind Kejriwal led Delhi government, the comptroller and auditor general may well get another crucial assignment on Monday, if the Delhi high court agrees with its stand. HC is expected to deliver a landmark verdict to decide if CAG has the jurisdiction/powers to audit accounts of private telecom companies. A division bench of Justice Pradeep Nandrajog...

-The Times of India NEW DELHI: The Delhi high court on Monday gave nod to the comptroller and auditor general (CAG) to audit the accounts of private telecom companies. CAG got the crucial assignment after getting the mandate to audit power distribution companies from the Arvind Kejriwal-led Delhi government. A bench of justices Pradeep Nandrajog and V Kameswar Rao permitted the top accounting body to conduct audit of private telecom companies under the...

-The Times of India NEW DELHI: Gujarat government has hit out at rural development minister Jairam Ramesh over his charge that Modi regime has not been able to full spend central funds it received under the Watershed Programme. In a hard-hitting response, Gujarat government has accused the central minister of using incorrect and half backed data and resorting to 'chicanery', for political purpose. The state government said that Ramesh based cited...