Taking a "serious view" of Shunglu Committee's findings on alleged irregularities in awarding broadcast rights of Commonwealth Games, Prime Minister Manmohan Singh on Tuesday warned of "stern action" against the guilty. "The Prime Minister has taken a serious view of the findings in the first report of the Shunglu Committee on Host Broadcasting," media advisor to the Prime Minister, Harish Khare, said in a statement. The report has been sent to Cabinet...

The Central Vigilance Commission (CVC), probing alleged financial bungling in the Commonwealth Games-related projects, has referred certain cases to the Enforcement Directorate (ED) to check whether there was violation of foreign exchange laws. Official sources said that projects like construction of Commonwealth Games Village near Akshardham temple and flyovers, hiring and procurement of medical and fitness equipment and conduct of outdoor publicity campaign by the Organising Committee may come under the...

A fast growing economy is a thirsty economy and India is no exception—with the country’s water supply already under great strain, India must reassess its consumption to meet escalating demands for water to produce food and energy. Business-as-usual water practices cannot remain the same in India as the economy and its demand for freshwater grows over the coming decades. With an astounding 75% of freshwater already used for agriculture in India,...

We are a cash-rich company run by professionals,” says a smarmy 30-something Mumbai-based head of a leading real estate company. His company’s exponential growth in the span of just five years has raised eyebrows in industry and banking circles. The reasons are clear. The company is known to have tremendous clout in the corridors of power and with the builders’ lobby. It is backed by several important politicians in Mumbai and...

The trend of government officials approaching the High Court against the Central Information Commission's (CIC) decision imposing fines on PIOs for delay in information to applicants under the RTI Act has started a debate amongst the RTI activists. Activists said very few information commissioners have levied monetary fine on the Public Information Officers (PIOs), who do not comply with the provisions of the Right to Information (RTI) Act. And now the...