-The Hindu It has been insisting that the audit of KG-DWN-98/3 block not be made public Emboldened by the stagnation in the arbitration proceedings, the Mukesh Ambani-owned Reliance Industries Limited (RIL) has once again stalled the audit of KG-DWN-98/3 block by Comptroller and Auditor General (CAG) by refusing to furnish records, financial accounts and SAP access for the KG D6 block for the 2008-12 period on various grounds. It is learnt that RIL...
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IMF forecasts 4.5% growth for India; to lose second fastest-growing economy tag
-The Economic Times India looks all set to cede the moniker of the world's second fastest growing major economy for 2012, a fall from glory for a country that was spoken in the same breath as China for much of the previous decade and even nursed ambitions of upstaging its larger neighbour. The latest global economic growth forecasts from the International Monetary Fund (IMF) have India growing at 4.5% in 2012 (at...
More »Defend juvenile law provisions: SC tells Centre -Utkarsh Anand
-The Indian Express Asking if the nature of a crime should be taken into account before granting immunity to juveniles from criminal prosecution, the Supreme Court Monday asked the Centre to defend the “constitutional validity” of the provision in the Juvenile Justice Act that treats a person as minor until 18 years. Seeking a comprehensive response from the Centre, a Bench of Justices K S Radhakrishnan and Dipak Misra said that the...
More »UPA flagship NREGS records sharp slide in job generation -Subodh Varma
-The Times of India While Sonia Gandhi and Manmohan Singh waxed eloquent on the "success" of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) and called it a key instrument for "financial inclusion" at a government conference in New Delhi on Saturday, latest data reveal a picture of declining employment generation under the scheme. Even more startling: Jobs created for the most marginalized sections - dalits and adivasis - have...
More »It’s clear you do not want to cede control: Brinda
-The Hindu Patna: The rejection of the Lokpal committee’s recommendation on transfer of CBI officers had exposed the government’s intention of maintaining a grip on the investigating agency, senior Communist Party of India (Marxist) leader Brinda Karat said at a press conference here on Friday. “There is a question mark on the understanding of the ruling alliance on Lokpal. They forcibly passed the Bill in the Lok Sabha and when it was...
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