-The Hindustan Times It never rains, it pours as far as the troubles of the UPA government go in recent times. Any hope that the scams which have been unearthed and their aftermath could be put behind it as it enters the final phase of its tenure before elections 2014 has been belied after the disclosure by the Central Bureau of Investigation director Ranjit Sinha that the agency had shown its...

-The Telegraph Mumbai: The Securities and Exchange Board of India (Sebi) today asked Saradha Realty India to wind up its collective investment schemes and refund investors within three months. The company as well as its managing director Sudipto Sen have been prohibited from accessing the capital markets until all collective investment schemes are wound up and the refunds are complete. Legal proceedings and steps to wind up Saradha Realty would also be...

-Live Mint Government reaches near consensus as BJP agrees to support Bill in Parliament; industry not enthused by plan The government may be close to pulling off one of India's most significant policy changes with a near consensus among political parties on a new land acquisition law, taking the country to the verge of removing what's perceived as the biggest impediment to the next wave of industrialization. At the conclusion of an all-party...

-The Hindu   Court order will not impact the trial against Panewala: CBI Even as the Sessions court order, rejecting the CBI clean chit to Congress leader Jagdish Tytler ensures that the investigation into the 1984 riots case will continue, the trial against the other accused person in the case, Suresh Kumar alias Panewala, who is charged with murder and rioting, is nearing completion. A CBI source said the agency has completed the examination...

-PTI The Reserve Bank on Thursday sought to downplay the money-laundering allegations against three private sector banks, saying the country has a "perfect" system to prevent such offences and that not a single such transaction took place in the sting operation. The country's three largest private banks -- ICICI bank, HDFC Bank and Axis Bank -- were last week accused of indulging in money laundering both within and outside with an online...