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Auction of coal blocks will hit industry, Oppn said in 2005 -DK Singh

-The Indian Express While the BJP disrupted the functioning of Parliament for the second consecutive day on Wednesday demanding Prime Minister Manmohan Singh’s resignation for alleged failure to go for auctioning of coal blocks, at least four states that were ruled by the Opposition at the time had raised the red flag when the Centre proposed the competitive bidding route in 2005. The Centre had cited the lack of “transparency and objectivity”...

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34% increase in deposits at rural banks-Jaideep Deogharia

-The Times of India RANCHI: If deposits in banks are indicative of prosperity of a region, Jharkhand villages have been blazing quite a trail over the past couple of years. The volume of money deposited with rural bank branches witnessed a whopping 34% increase over the last fiscal as against increase of mere 19% in the urban bank branches. With emphasis on financial inclusion, linking MGNREGA wages with bank accounts and...

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Don’t come on fishing trips, warns Berne-Ashis Ray

-The Times of India Indian government would be in serious breach of its international obligations if it discloses names of Indians having Swiss bank accounts, other than being compelled to do so by the judiciary. Speaking to TOI against the backdrop of the recent agitations by Anna Hazare and yoga guru Baba Ramdev for recovery of black money, a spokesman for the federal finance ministry in Switzerland said India "cannot make public"...

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Research and Analysis Wing alleges A Raja had 'hawala' links; CBI initiates probe-Rohini Singh

-The Economic Times The Research and Analysis Wing (RAW), India's overseas intelligence agency, has told the Central Bureau of Investigation and the Enforcement Directorate that it has unearthed hawala transactions allegedly linked to former telecom minister A Raja.  RAW has written to the investigative agencies - the communication was sent at the end of July - asking them to take "necessary action", a top government official told ET on condition of anonymity.  The...

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Anger, scepticism within IAC over political leap-Abantika Ghosh

-The Indian Express When Team Anna members Arvind Kejriwal and Manish Sisodia announced Friday the decision of their anti-corruption movement to launch a political party, they said it was based on the “strength of the people of India”. But the decision seemed to have shaken the the strength of their own organisation, with prominent members as well as ordinary supporters openly criticising the switch and even distancing themselves from it. Sri Sri...

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