-WeeklyBlitz.net As India is approaching towards a general election in less than a year, the leader of ruling Indian National Congress has been listed as world's fourth richest politician with a total wealth of over US$ 18 billion, which is invested in real estate, telecommunication and various business projects around the world, while significant portion of the amount is also deposited in secret bank accounts. Italian born Indian politician Sonia Gandhi...

-The Hindu Minister has been resisting Mukesh Ambani on gas prices, audit S. Jaipal Reddy — the minister who took on Mukesh Ambani in a regulatory battle on gas prices that saved the exchequer thousands of crores of rupees — is set to be divested of the crucial Petroleum and Natural Gas portfolio, The Hindu has learnt. Mr. Reddy, who took over from Murli Deora in January 2011, resisted and then rolled back...

-The Deccan Hearld Just days after the government launched the Aadhaar enabled cash transfer system; a national panel has been set up on Thursday to expedite implementation of the direct electronic cash transfer system to help beneficiaries under various welfare schemes. According to a PMO statement, The National Committee on Direct Cash Transfer, headed by Prime Minister Manmohan Singh, will identify the schemes to be covered and oversee the smooth rollout of...

-The Times of India Congress leadership has vetoed the dilution of land acquisition bill, saying that 80% landowners have to agree to let the government acquire their land for private projects. The bottomline has been laid down by UPA chief Sonia Gandhi barely two days after a ministerial panel headed by Sharad Pawar finalized the draft bill, which says that consent of 67% landowners would suffice for government to acquire land. The leadership...

-The Times of India Come July and you will have cash equivalent to your cooking gas subsidy in your bank account, marking the biggest shift in delivery of handouts which could help government curb leakages and reduce the strain on public finances. The switch is part of the ambitious three-phase deadline set by Prime Minister Manmohan Singh to make the "kind-to-cash" transition based on the Aadhaar numbers. At a meeting chaired by Pulok...