-The Economic Times Finance Minister P Chidambaram has warned corporate bigwigs against wilful defaults, reminding promoters that it was their duty to bring in additional capital if their companies got into trouble. "We cannot have an affluent promoter and a sick company," he said, in an apparent reference to the collapse of Kingfisher Airlines, owned by the flamboyant Vijay Mallya. Banks are stuck with nearly Rs 7,000 crore worth of loans they...

-PTI Government plans to increase pension for disabled, widow and senior citizens besides making changes in the eligibility criteria for pension payment, Rural Development Minister Jairam Ramesh said today. The current pension of Rs 300 per month for widows and physically handicapped, Rs 200 for senior citizen and Rs 500 to persons above 80 years "is inadequate. It has to be increased," he informed Rajya Sabha during Question Hour. "We are considering (raising...

-The Hindustan Times The Gandhian crusader, Anna Hazare on Sunday claimed that he has sufficient proof of alleged corruption and irregularities committed in the “farmers’ loan waiver scheme” of the Centre, which was brought to light by the CAG report recently. Hazare, who was in Nagpur on a two-day tour in eastern Vidarbha said, “If the government is interested in going through the proofs, I am willing to hand over to them.” The...

-The Hindu Nationwide frustration arising from large-scale corruption by people in authority erupted in a wave of protests two years ago. Legislative remedies proposed as a response to public anger, such as the Lokpal and the Lokayuktas in all States, have still not become a reality. Adding to the aam aadmi’s sense of outrage, another important legislation that aims at ending administrative gridlock and corruption has run into political troubles. The...

-PTI A Delhi High Court-appointed panel has recommended that 58 unaided private schools in the national capital refund "unjustly" hiked fees to parents. "The committee has recommended refund of fee unjustly hiked by 58 schools. Among them are 11 schools, where the committee, besides recommending the refund, has also recommended special inspection to be carried out by the Directorate of Education (DoE)," the three-member panel headed by former Rajasthan High Court Chief...