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Accent on safety by R Ramachandran

The Nuclear Safety Regulatory Authority Bill is a first step towards granting functional autonomy to the country's nuclear regulator. THE true independence and functional autonomy of the existing Atomic Energy Regulatory Board (AERB) has been questioned for long. The issue gained further importance in recent months after it was raised in many quarters in the wake of the Fukushima nuclear disaster in March in Japan. To allay public fears as...

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Cabinet declares assets, Kamal Nath richest

-The Times of India     Prime Minister Manmohan Singh and his cabinet ministers on Saturday declared their assets which were posted online, officials said. The list of assets and liabilities of the prime minister and his council of ministers were put on the prime minister's website - http://pmindia.nic.in/rti.htm. The list included details of the Prime Minister, 32 cabinet ministers, seven ministers of state with independent charge and 37 ministers of state. Urban development minister Kamal...

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Black money in Swiss banks down 50% since '06

-The Times of India   The information on tax evaders and those who have stashed unaccounted money abroad has started trickling in, with the government admitting for the first time that total deposits of Indians in Swiss banks have come down by more than 50% in the last five years. The total liabilities of Swiss banks towards Indians have declined in the last five years. The deposits of Indians have come down from...

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Finance min asked to probe assets of former CJI

-The Times of India   The home ministry has asked the finance ministry to conduct a probe into the assets of former Chief Justice of India, K G Balakrishnan, in what could possibly lead to action against him for allegedly possessing wealth disproportionate to his income. Sources said the ministry has written to the revenue secretary, asking him to institute an inquiry through the Central Board of Direct Taxes. "The inquiry would be...

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-The Indian Express   Prime Minister Manmohan Singh’s direction to his ministers to update details of their business interests, assets and liabilities has yielded an interesting profile of his cabinet. The financial status of the powerful — how much wealth they have and how they invest it — always draws curiosity. Dr Singh sticks to fixed deposits, keeping his investment beyond controversy. A.K. Antony’s loan funds a second-hand car. And Kamal...

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