Two years after the Tatas moved out of the Nano compound in Bengal, Singur is all set to return to the forefront of a political tug-of-war next week. CM Buddhadeb Bhattacharjee will address a public meeting in the area on January 9 and Trinamool Congress will follow suit a few days later. However on the ground, the defiance has mellowed to a murmur. Landowners have given up hope of getting their...

Citibank manager Shivraj Puri’s alleged fraud on wealthy clients has swivelled the spotlight on the growing number of high net-worth individuals whose money banks rush to manage for a fee. The wealth of high net-worth individuals (HNIs) — defined as those who have “investable assets of at least $1 million (around Rs 4.5 crore) — in India is estimated at a staggering $477 billion and is rising each day. According to the...

Members of the Christian Medical College Alumni Association, who have helped to support social activist Binayak Sen's family and his legal battles through private contributions, now propose to open up the fund to donations from the public. The Binayak Sen Support Fund was set up in May 2007 through initial contributions by 10 alumni “to provide assistance, as necessary, for the safety and liberty of Dr. Binayak Sen, and for the...

Congress President Sonia Gandhi's five-point plan to counter corruption, announced during the recent plenary session of the party and Prime Minister Manmohan Singh's offer to appear before the Public Accounts Committee (PAC) on the spectrum scam are, on paper, reasonable measures aimed at reversing the toll the series of scams and controversies have taken on the government. But without concrete action and setting up of mechanisms which can effectively implement counter-corruption...

In the absence of adequate banking services in rural areas in Jharkhand, some labourers sell their MGNREGA Cheques to “middlemen” for a discount to get the money on the spot, a top official suggested on Wednesday. “Recently I went to Chatra and learnt that a MGNREGA labourer had sold his Rs. 100 cheque to get Rs. 70,” state Chief Secretary Ashok Kumar Singh said at a programme in presence of RBI...