-The Economic Times   The national auditor is expected to stick to its controversial estimate of Rs 10.7 lakh crore as gains accrued to companies due to allocation of coal blocks on government discretion instead of auctioning them, an official in the Comptroller and Auditor General's (CAG) office said.  This is set to further embarrass the UPA government that has been mired in a series of controversies. "The report is not yet final,...

The Kudankulam Nuclear Power Plant (KKNPP) in Tamil Nadu has become part of the regular news in the recent past. Safety of the public has been given the utmost priority at all stages of the KKNPP construction, including from the selection of the site, designing the processes, and erection of the plant buildings and equipment. The Nuclear Power Corporation of India Limited, which has built the two Russian reactors at...

India moved a step closer to implementing cash transfers of direct subsidies and social welfare payments after a high-level panel presented the blueprint for effecting it through an Aadhaar-based payment gateway. Accepting the report, which details how all payments and cash transfers can be made electronically, finance minister Pranab Mukherjee indicated that it will be the key to plug leakages and ensure more targeted spending under the government’s social welfare programmes. The...

-PTI Madhya Pradesh Government today extended the tenure of the Union Carbide Toxic Gas Leak Probe Commission by an year, sources said. The term of the committee, headed by Justice S L Kocchar, was to expire on February 25, they said. The decision in this regard was taken by the state Cabinet at its meeting chaired by Chief Minister Shivraj Singh Chouhan. The Commission was constituted after a lot of hue and cry was...

World Bank arm finances polluting steel mill in Jharkhand As the train slowly approaches Jamshedpur town in Jharkhand, the sky begins to turn reddish. It is because of the thick red dust emanating from an industrial unit, surrounded by heaps of industrial solid waste comprising unburnt coal char and flyash. The unit is a medium-scale iron and steel mill belonging to conglomerate Usha Martin. Spread over 120 hectares, the mill became operational...