With the prices of most of the vegetables soaring, the Income Tax sleuths on Friday carried out massive raids on the offices and godowns of the wholesale traders in onion and garlic in major cities and towns of Gujarat. The outcome of the raids that started in the morning was not immediately known, but informed sources said the idea was to check whether the wholesalers were unduly holding stocks to take...
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CBI raids more Kalmadi aides, registers fourth FIR in CWG scam
The CBI today raided about 10 premises in the National Capital Region after it registered a fresh FIR in connection with its probe into the alleged multi-crore Commonwealth Games overlays scam. The raids come a day after the agency questioned Commonwealth Games Organising Committee chief Suresh Kalmadi. Official sources said the CBI registered the FIR, the fourth in the case, yesterday in connection with the overlays contracts given out to four firms....
More »Food inflation soars to 18.32%
Wholesale food inflation saw a sharp increase to 18.32 per cent for the week ended December 25, primarily due to a steep rise in onion prices. The inflation rate is a 23-week high, much above the expectations of analysts and policymakers. Food inflation, as measured by the wholesale price index (WPI), was at 14.44 per cent for the previous week ended December 18 and at 19.9 per cent in the corresponding...
More »Wealth glare on second CJI son-in-law by John Mary
Yet another son-in-law of former Chief Justice of India K.G. Balakrishnan has been accused of amassing wealth disproportionate to his declared income in Kerala’s commercial hub of Kochi. Land registration documents show that advocate M.J. Benny, husband of Balakrishnan’s younger daughter K.B. Rani, bought nearly one acre of land under five different title deeds in fast-growing Marad, near the site of a proposed hi-tech city, for a total Rs 81 lakh...
More »Private schools shy away from implementing RTE provisions by Shoeb Khan
It came as a rude shock for parents of economically weaker sections (EWS) whose wards were denied admission under the Right to Education Act, which guarantees 25% reservation in schools at entry level. Most schools don't seem inclined to implement the provisions of the RTE Act as the state government has failed to frame rules in this regard. A few schools are not even accepting the forms under this category,...
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