The government continued to give away coal blocks without bidding even after a meeting headed by Manmohan Singh (in his role as coal minister) on October 14, 2004 decided that all future allocation would be through the competitive route, says a CAG report. The government Auditors' draft report on performance of coal block allocations also says the Centre opted for the longer process of amending mining laws when it could have...

-The Times of India Faced with a looming embarrassment over the disclosure of irregularities in the allocation of coal blocks, finance minister Pranab Mukherjee on Saturday sought to play down the findings of the Auditor, asserting that his final report would spare the government. Speaking against the backdrop of Opposition's criticism and its demand for a CBI probe into what is being called " Coalgate", Mukherjee said that that the report scooped...

-The Times of India The government on Thursday sought to play down this paper's report of March 22 which stated that the Comptroller and Auditor General had estimated in its 110-page draft report that the coal ministry's decision to award 155 coal acreages without competitive bidding had led to "undue benefits" of Rs 10.67 lakh crore to private and public firms. With the report creating a storm in Parliament, leading to adjournment...

-PTI Taking note of the draft report of the Comptroller & Auditor General (CAG) on allotment of coal blocks without auction, the BJP on Thursday demanded a CBI probe into the allotment of coal blocks and monitoring of the probe by a court. "The coal allotment scam is a major scam. We demand a CBI probe and a court should monitor the probe. It is a government of scamsters (that is) involved...

The Supreme Court dismissed the government’s review petition in the Vodafone tax case on Tuesday, affirming its January ruling that put overseas transfers of shares outside the Indian tax net. The review petition and last week’s budget proposals seeking retrospective changes have revived the uncertainty over tax laws, according to government officials, the Planning Commission and businesses. If Parliament passes the budget in its current form, the judgement in the Vodafone case...