-PTI NEW DELHI: The alleged chit fund scam in West Bengal involving the Saradha Group revolves around a total sum of Rs 2,460 crore with 80 per cent of the depositors' monies still remaining unpaid, a latest investigation report has revealed. The report also states that the arrested Saradha chairman Sudipta Sen was in "total control" of all deposits made by his group companies, which are under the scanner for having perpetrated...
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Wal-Mart gets clean chit in Fema case-Deeptiman Tiwary
-The Times of India NEW DELHI: The Enforcement Directorate has given a clean chit to Wal-Mart, the world's largest supermarket chain, in a case related to alleged violation of Foreign Exchange Management Act (Fema), a move that may pave the way for the US retailer to pursue its India investment plans more aggressively. Earlier this week, ED wrote to the RBI, saying a case of violation could not be made out as...
More »Headlines Today cameras capture trucks diverting PDS wheat meant for Delhi's poor to private flour mills -Harish Sharma and Arun Singh
-India Today The UPA government and the Congress leadership might be patting themselves on the back talking big about the recently passed Food Security Bill, but their promises look far from delivery given the existing state of Public Distribution System (PDS). In a sting operation carried out by Headlines Today special investigation team, hidden cameras caught the pilferage of grain meant for distribution among the national capital's poor people under the PDS....
More »Centre urges states to focus on road safety to cut down accidents -Dipak Kumar Dash
-The Times of India NEW DELHI: The Centre wants states reporting large number of road fatalities, injuries and accidents to focus on road safety to improve the country's performance as the United Nations has set a target of reducing deaths by 50% during this decade. Five states - Tamil Nadu, Uttar Pradesh, Andhra Pradesh, Madhya Pradesh and Rajasthan - accounted for over 50% of the country's road deaths in 2012. The number...
More »Bicycle phobia
-The Hindu The prohibition imposed on bicycle riding and use of non-motorised transport in 174 designated roads of Kolkata during most hours of the workday or round-the-clock is undemocratic, environmentally retrograde and out of sync with modern urban transport planning. At a time when global cities are thinking beyond the car and popularising shared bicycle systems, the law Enforcement machinery in West Bengal's capital has chosen to go the opposite...
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