-The Times of India KORAPUT: In a further blow to the Maoist-backed Chasi Mulia Adivasi Sangh (CMAS) of Narayanpatna, 101 tribals have deserted the outfit. They approached the administration on Tuesday with a desire to join the mainstream. As many as 300 tribals have abandoned the CMAS between January 11 and February 8. In the latest incident, at least 17, 26 and 68 villagers of Mankidi, Jokopani and Tolo Renga respectively trekked...
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LPG cylinders to cost more in Uttarakhand-Shishir Prashant
-The Business Standard CM has withdran 5% VAT relief on subsidized, non-subsidized cooking gas After the centre’s decision to hike fuel prices through decontrol mechanism, it is virtually double jeopardy for the people in Uttarakhand with the state government withdrawing Value Added Tax (VAT) relief on the Liquefied Petroleum Gas (LPG) cylinders. In the latest decision, chief minister Vijay Bahuguna, who is heading Congress-led coalition government in the hill state, withdrew 5% VAT...
More »EPFO to include 'AAA' rated corporate bonds in portfolio-Raj Kumar Ray
-The Indian Express The Employees' Provident Fund Organisation is set to widen its investment horizon by including 'AAA' rated corporate bonds of any private company in its portfolio following a clean chit from Crisil, a move that can open up a window for blue-chip corporates to raise about Rs 35,000 crore through long-term debt papers annually. Crisil, which was appointed by EPFO to advice on investment portfolio, has said that none of...
More »Court upholds Andhra law on microfinance-Viswanath Pilla and Dinesh Unnikrishnan
-Live Mint High court asks state to review law in light of proposed national regulations to govern the sector The Andhra Pradesh high court on Monday upheld a law that led to the near demise of the microfinance industry towards the end of 2010, but asked the state government to review the legislation in the light of proposed national regulations to govern the sector. News of the review sent the stock of the...
More »Prosecutor was helping key accused in 2G case, CBI says
-The Times of India In a stunning twist to the 2G case, an audio tape of a CBI senior public prosecutor purportedly advising a key accused on how to counter prosecution's charge has emerged, breathing fresh life into the mega-swindle and bringing fresh trouble for the government. The tape sent to the CBI anonymously has the agency's senior public prosecutor A K Singh speaking to Sanjay Chandra, MD of Unitech and...
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