-CNN-IBN New Delhi: The Reserve Bank of India is probing the Cobrapost sting operation on alleged money laundering by top banks. The RBI report has revealed major irregularities in top banks. The report shows string of violations on several counts. Sources say the RBI report reveals dummy PANs, unknown NRO IDs, unauthorised gold sale, rampant non-compliance of KYC norms and irregular staff trips. Sources say the RBI probe into ICICI Bank reveals cash...

-The Hindu Ask any television journalist why they sometimes behave in the manner they do - aggressive, over-the-top, loud, over simplifying complex issues, whipping jingoism and hysteria with little restraint - and the reaction is unanimous, "This is what sells." Ask any general entertainment channel official why they invest in shows which often reinforce the most conservative and patriarchal of attitudes, and the response is similar, "This is what people...

-Live Mint Court says government should decide allocation of captive mine; move could lead to protests by rival steel makers New Delhi/Mumbai: A Supreme Court (SC) order on Friday raised the prospect that Posco's showcase $12 billion (`65,400 crore today) steel project in Orissa, stalled for at least six years, could be allocated a captive iron ore mine, but experts said such a move could lead to protests by other firms...

-The Hindu Chennai: In a move to usher in more transparency in Mahatma Gandhi National Rural Employment Guarantee Act, the Institute of Chartered Accountants of India (ICAI) will evolve standards to audit the scheme in 2.5 lakh villages, said ICAI president, Subodh Kumar Agarwal on Friday. Briefing reporters, he said ICAI would evolve a standardised procedure as the auditing of the MGNREGA scheme was unstructured one. He also urged the Centre...

-The Hindu Jaipur: Rajasthan is set to play a major role in solar and renewable energy, according to its Governor Margaret Alva. "Energy is the key to progress. At the same time, it is a big challenge too. Rajasthan is a national leader in solar energy and under the Jawaharlal Nehru National Solar Mission, a majority of the solar projects are located in Rajasthan. In wind energy, India is globally positioned at...