-The Economic Times Three weeks ago, when the Supreme Court reopened the iron-ore mining door some more in Karnataka, miners in Orissa breathed a Rs 50,000 crore sigh of relief. Also in the dock for some offences of a similar nature, Orissa's iron-ore miners, who produce a third of this mineral that is critical to steel, had been dreading their fate, which lay in the hands of a Central government panel. The...
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Banks suppressing alerts on suspect dealings: RBI probe-Josy Joseph
-The Times of India NEW DELHI: An investigation by the Reserve Bank of India (RBI) into allegations of money laundering by private banks has found large-scale violations ranging from huge cash deposits without PAN to dummy numbers. The probe report, a copy of which is available with TOI, shows that three private players - HDFC Bank, ICICI Bank and Axis Bank - had also hugely suppressed alerts generated by their system on...
More »Jharkhand family grapples with encounter death of son -Anumeha Yadav
-The Hindu Gumla (Jharkhand): There had been an employees' strike at the college since February. Mukesh Sahu, 21, a second-year B.Sc. student, spent the Thursday afternoon in March running errands at Gumla market. As he sat down near the town pond to catch up with his college friends, his phone rang. "Naveen has been shot. The police shot him." It was his uncle, a couple of years older than him,...
More »Blood, sweat and tears-Alok Gupta
-Down to Earth For RTI activists of Bihar the cost of exposing corruption is life Twenty-year-old Rahul Kumar, a right to information (RTI) activist, knew the land mafia was behind his parents' murder. His mother and father were involved in a land dispute in Muzaffarpur's Sirisia Jagdish village. Barely a week after filing an RTI application to seek information about the murderers, Kumar was kidnapped. A day later, on March 10, 2012,...
More »Mamata Banerjee seeks to blame Centre for chit fund scam
-PTI Kolkata: West Bengal Chief Minister Mamata Banerjee, who has sought to blame the Centre for the chit fund scam, has claimed that the central government reduced the rate of interest in small savings to drive depositors towards ponzi schemes. "It is because the Centre has reduced the interest rates in small savings in the post office, poor people and those who have retired keep their money in these chit funds with...
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