-The Hindu Reiterating its opposition to the Pension Fund Regulatory & Development Authority Bill, the Communist Party of India (Marxist) on Thursday said it should not be passed by Parliament. In a statement, the party Polit Bureau said the Bill would deprive lakhs of government employees, both at the Central and State levels, of their right to get an assured rate of pension at the time of retirement, which they had been...

The West Bengal leadership of the Communist Party of India (Maoist) has, in an open letter, warned Trinamool Congress MP Subhendu Adhikari of “severe punishment” being meted out by “the people's court” for his recent remarks against the Maoists in the region. Mr. Adhikari had, at a rally in the Belpahari area of Paschim Medinipur district on November 1, thrown an open challenge to the Maoists and warned that they would...

The govt has thus rejected the recommendation of the parliamentary standing committee on finance that the 26% FDI cap be a part of the Bill The cabinet on Wednesday cleared amendments to the Pension Fund Regulatory and Development Authority Bill, 2011, capping the overseas investment limit in the sector at 26%, but retaining the flexibility to raise this limit by stating that it would not form a part of the legislation. The...

-The Hindu   The Supreme Court on Tuesday took a serious view of the Kerala High Court sending Communist Party of India (Marxist) leader M.V. Jayarajan leader to jail for contempt without giving him an opportunity to file an appeal, and ordered his release on bail forthwith. Mr. Jayarajan, who was found guilty of criminal contempt by the High Court for criticising the judiciary, was sentenced to six months' simple imprisonment and a...

-The Hindu   In a volte-face that has created ripples in political circles here, Chief Minister Mamata Banerjee on Wednesday said it is now a “proven” fact that it was the Maoists who were responsible for the Jnaneswari Express sabotage. She had earlier accused the Communist Party of India (Marxist) of being behind the derailment of the train in Paschim Medinipur district on May 28, 2010, in which nearly 150 people were...