-CNN-IBN New Delhi: The Reserve Bank of India is probing the Cobrapost sting operation on alleged money laundering by top banks. The RBI report has revealed major irregularities in top banks. The report shows string of violations on several counts. Sources say the RBI report reveals dummy PANs, unknown NRO IDs, unauthorised gold sale, rampant non-compliance of KYC norms and irregular staff trips. Sources say the RBI probe into ICICI Bank reveals cash...
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Tamil Nadu bans gutka, pan masala -R Satyanarayana
-The Times of India CHENNAI: The Tamil Nadu government has decided to ban the production, stocking, distribution and sale of tobacco products such as gutka and pan masala in the state. The decision came in the backdrop of the Supreme Court's remarks in a case recently, seeking to know the action taken by state governments in curbing the use of tobacco and its products. The order will be passed in a...
More »Food Security Bill could violate India’s subsidy pledge at WTO -Amiti Sen
-The Hindu Business Line As the Food Security Bill awaits Parliament clearance, India fears that implementation of obligations under the Bill may lead to breach of farm subsidy limits fixed by the World Trade Organisation (WTO) and attract penalties if some global rules are not amended. New Delhi is, therefore, scouting for support at the WTO in seeking an amendment to the Agreement on Agriculture (AOA) to remove limits on public stockholding...
More »Parliamentary panel calls for media watchdog -Shuchi Bansal and Liz Mathew
-Live Mint Move could assume significance given the pressure facing a government battling a series of corruption allegations New Delhi: A parliamentary committee on Monday sought to make a case for controlling the media-both print and electronic-through a statutory regulator, a suggestion that could assume significance given the pressure facing a government battling a series of corruption allegations. The standing committee on information technology called for such a regulator on grounds that the...
More »EC calls all-party meet on verifiable paper trail
-The Hindu Experts panel has okayed design, EC tells Supreme Court New Delhi: The Election Commission on Thursday informed the Supreme Court that it would convene an all-party meeting on May 10 to decide on changes to be made in the electronic voting machine for introducing the Voter-Verified Paper Audit Trail (VVPAT) System. Under this system, a voter by pressing a button in the EVM will know the candidate whom he/she is voting...
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