-CobraPost.com Cobrapost's Shocking  Mega Expose: Major Indian Private Sector Banks, HDFC Bank, ICICI Bank and Axis Bank, Are Blatantly Running A Huge Nation-wide Money Laundering Racket New Delhi: A Cobrapost pan-India undercover investigation spanning several months, unearths a vast, nation-wide money laundering racket being run by HDFC Bank, ICICI Bank and Axis Bank.  The brazen criminal activity by these banks is channelizing vast amounts of black money into the regular banking...

-Live Mint Attempt to broad-base direct benefits transfer plan may help shore up the Congress’s standing among rural population The Congress-led United Progressive Alliance (UPA) government plans to include its flagship rural job guarantee programme in the second phase of its ambitious direct benefits transfer (DBT) plan, under which beneficiaries of social welfare programmes will receive money directly in their Aadhaar-linked bank accounts. The attempt to broad-base the cash transfer plan before several...

-The Hindu TIRUNELVELI: The Kudankulam police have registered a case in connection with, what they felt, a “suspicious money transfer” from London to Kudankulam. The police said T. Ambika, wife of anti-Kudankulam Nuclear Power Project activist Kumar alias Thavasi Kumar, had recently received Rs. 29,98,782 in her account with Canara Bank’s Kudankulam Banch from Anand based in the United Kingdom. As the bank officials informed the police about the huge deposit in the...

-The Hindu The influx of 2.5 lakh Muslims after the 2008 constituency delimitationled to insecurity among Hindus in Dhule, claims social activist Almost two months since six people were killed after communal violence in the north Maharashtra district of Dhule, the aggressive-yet-vulnerable countenance of the town has resurfaced. Citizens, both Hindu and Muslim, reveal that behind the volatility is the small town’s neglected struggle for an identity. A small fight at a local...

-Rising Kashmir Srinagar: The criterion for laborers getting wages with Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in Bandipora villages is not a job card but a rooster. “Even if you have worked efficiently, you will be paid wages only if you have a desi rooster to gift the officials,” locals from various Bandipora villages said. Alleging corruption in the release of funds, people from Zaban Chuntimulla said authorities were not releasing...