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Not easy for CBI to be independent agency -Aman Sharma

-The Economic Times The Supreme Court may have called upon the " caged parrot" Central Bureau of Investigation to free itself from the interference of the executive, but the dependence of the agency on its several masters in the government makes it easier said than done. The ministries of home, personnel, law and finance can all be construed as the masters of CBI in one way or the other, given the decisive...

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PMO official’s visit to CBI office leaves PM exposed

-The Times of India The Prime Minister's Office (PMO) faced its sharpest indictment in the Supreme Court on Wednesday, with a senior official's visit to the CBI office to scan and suggest changes to an investigation report on Coalgate attracting the court's severe ire. The court's scathing comments on Shatrughna Singh, a joint secretary in the PMO, and Ashok Bhalla, a joint secretary in the coal ministry, seeking changes in a draft...

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Centre approves Rs 511 crore for drought, flood-hit Rajasthan, Nagaland and Arunachal Pradesh

-The Economic Times An Empowered Group of Ministers (EGoM) on drought, headed by Agriculture Minister Sharad Pawar, on Wednesday approved Rs 511-crore assistance for Rajasthan, Nagaland and Arunachal Pradesh - the states affected by floods and droughts in 2012. Further, an additional grant of Rs 256 crore was given to Maharashtra for rejuvenation of orchards. However, the high-level committee didn't take a decision on extending the duty-free import of oil cakes for...

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Women SHGs to get loans at lower rates - Elizabeth Roche

-Live Mint Cabinet clears proposal to give loans at 7% interest rate, and 4% if SHGs  repay loans within the stipulated period The federal cabinet has cleared a proposal to give loans to women self-help groups (SHGs) at 7% interest rate, cheaper than the existing 11.5-14%, bringing the cost of loans on a par with those given to farmers. SHGs that repay loans within the stipulated period will be eligible for loans at...

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Saradha effect: investors seek return of deposits from companies

-The Hindu Kolkata: The agitation against fraudulent deposit-taking companies continued to spread in the State with the police intervening in some places to prevent the situation spinning out of control. There were instances of agents heckling investors. Demanding that their money be returned, a group of investors protested outside one of the companies at Lake Town near the city on Saturday. At Salt Lake nearby, another company faced the ire of anguished...

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