The Manmohan Singh government is digging an even bigger hole for itself by claiming there was no loss of revenue from the sweetheart sale of 2G spectrum to favoured corporate houses. “Milord,” cunning lawyers have argued in countless Hindi movies, “how can there have been a murder when there is no dead body?” I was reminded of this line when I heard Kapil Sibal — who has been performing as an...

Also failed to notice how his predecessor misled the Prime Minister Communications and IT Minister Kapil Sibal might have termed the Comptroller and Auditor-General of India (CAG)'s calculation of loss to the exchequer from underpricing of 2G spectrum “utterly erroneous,” but he has completely ignored other scenarios presented by the Auditor where new operators made crores by selling their stakes to global telecom giants or were themselves ready to pay more...

In an effort to stem the tide of corruption and keep the builder lobby "on a tight leash", a number of checks and guards have been introduced in the new coastal zone regulations. But the one that is likely to cause much consternation among developers is the Centre's insistence that private companies undertaking any redevelopment of koliwadas (fishing villages) within 100 m of the coastline will come under the purview...

The Supreme Court on Monday made it clear that it would not take cognisance of media reports about the statement of Union Communications Minister Kapil Sibal disputing the report of the Comptroller and Auditor-General and saying that no loss was caused to the exchequer in the 2G spectrum allocation. When counsel Prashant Bhushan took exception to the statement made by Mr. Sibal, Justice Singhvi observed, “The issue has now become debatable.”...

The social Audit of development works under MGNREGA in Todgarh panchayat, Ajmer district asserted and endorsed the Rs 56 lakh embezzlement found by the district administration in a recent enquiry, whose findings were read out at the social Audit gram sabha yesterday. It may be recalled that only recently, panchayat resident Bikam Chand Jain who was seeking information  on MGNREGA and other panchayat works in Todgarh had his legs cut...