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CVC expands board to check bank frauds

-The Times of India R V Raju, a retired IPS officer and former director general of National Investigation Agency, has been appointed on an advisory board of the Central Vigilance Commission (CVC) to monitor and assist CBI in cases of commercial fraud and banking irregularities. Raju was appointed on the CVC board along with R Ramachandran, a former CMD of Andhra Bank. With the induction of two new members, the CVC has...

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Wheat glut: farms face falling prices, rising costs-Ruchira Singh

-Live Mint After a record harvest of 90.23 mt this year, the govt’s wheat stocks were at 38.2 mt as of 1 May Worry lines run deep on the faces of wheat farmers in Sehrala in Haryana as falling prices, higher input costs and poor infrastructure erode earnings and cast doubt over not just their next crop, but their future in agriculture as well. Agents in the grain market of Ballabgarh said spot...

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An RTI test looms for a regulator-Anuja & Remya Nair

Delhi high court to hear central bank challenge to CIC order seeking information on defaults by top industrialists The Reserve Bank of India (RBI) has challenged an order by the Central Information Commission (CIC) asking the central bank to disclose names of the top 100 industrialists who have defaulted on loan repayments. In a writ petition to the Delhi high court, which is scheduled to be heard on 29 May, the central...

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2 Karnataka ex-CMs face graft charges for illegal mining-Subodh Ghildiyal

Former Karnataka chief ministers H D Kumaraswamy and Dharam Singh could be next to face corruption charges, threatening to complete the political triangle over graft in the state with BJP's B S Yeddyurappa already facing a probe for illegality in grant of mining leases and land scams. The Lok Sabha secretariat has turned down a request from a private individual seeking sanction for prosecution against former PM H D Deve Gowda's...

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