The Economic Intelligence Council will discuss the issue when it meets at the end of this month The government is likely to form a central agency to regulate so-called multi-level marketing (MLM) schemes after the Economic Intelligence Council found they had become a “preferred” mode of fraud. In the wake of an increasing number of economic offences, the United Progressive Alliance government has also decided to set up a multidisciplinary school...

Non-urea fertilizer prices were freed in April 2010, but GSFCL, DFPCL, RCF still got gas at regulated prices The fertilizer ministry is considering asking three non-urea fertilizer makers to return part of the gains they have made since April 2010 on account of gas supplied to them at regulated prices while they were allowed to sell their products at market prices. Rashtriya Chemicals and Fertilizers Ltd (RCF), Gujarat State Fertilizers and Chemicals...

-The Hindu Chhattisgarh government indicted for favouring firm in award of coal block The Congress on Tuesday demanded the resignation of Chhattisgarh Chief Minister Raman Singh, citing the contents of a Comptroller and Auditor General's report that has indicted the State government for flouting norms in the award of a coal block to a firm owned by recently elected Bharatiya Janata Party (BJP) MP Ajay Sancheti who, the party said, is “close...

The Ahmedabad Metropolitan Magistrate on Tuesday declared that the Supreme Court-appointed Special Investigation Team had not found any evidence for prosecuting Gujarat Chief Minister Narendra Modi and top bureaucrats and police officers and recommended that the investigation in the 2002 Gulberg Society massacre case be closed. Though magistrate M.S. Bhatt did not pronounce the court's decision on the closure report, he ordered the SIT to give a copy of it, within...

Ramaswamy R. Iyer, former Secretary, Union Ministry of Water Resources, has been a consistent critic of the idea of interlinking rivers (ILR). In this interview, he shares his concerns about the Supreme Court's judgment directing the government to implement the project, and explains why it is deeply flawed. Excerpts In your article in “The Hindu”, you have claimed that the government's stand on the project is ambiguous. The amicus curiae has,...