-Outlook Jaipur: Describing the proposed Direct Cash Transfer scheme a 'pure magic' that brings a big responsibility on banks for its implementation, Finance Minister P Chidambaram today asked bankers to work with the government to make the scheme a success. "Through this unique benefit transfer scheme, Money when it is released, will instantaneously be credited in the bank account of the beneficiary, leaving no scope for corruption and pilferage. That is why...

-The Hindu Cyber crimes that are grave in nature will now attract detention under the Goondas Act. Winding up a conference of senior IAS/IPS officers here on Wednesday, Chief Minister Jayalalithaa announced that suitable amendments would be made to include cyber crime under the Tamil Nadu Prevention of Dangerous Activities of Bootleggers, Drug Offenders, Forest Offenders, Goondas, Immoral Traffic Offenders, Sand Offenders, Slum Grabbers and Video Pirates Act, 1982. Departing from the principle...

-The Hindu The Delhi Government has saved nearly Rs.30,000 crore due to power privatisation and this Money has been invested in improving the infrastructure. This has resulted in meeting the peak power demand of up to 6,250 MW and minimal power cuts despite the average annual per capita power consumption in the Capital being 1,450 units, almost twice the national average, Delhi Power Minister Haroon Yusuf said while replying to a...

-DNA Social networking sites are abuzz with the cry of death penalty for the accused of the Delhi gang rape case. However, the major sections applied in the case, which include 376 (2) (G) (gang rape), 377 (unnatural sex), 307 (attempt to murder) and 201 (destruction of evidence) read with 34 (common intention) of the Indian Penal Code, will attract a maximum punishment of life imprisonment for the accused. The sessions court,...

-The Indian Express India lost a whopping $123 billion in black Money during 2001-2010, making it the eight largest victim of illicit financial outflow, a US-based research and advocacy organisation said in a report. However, India’s black Money loss of $123 billion in 10 years is far less than that of China, which according to the report suffered a loss of $2.74 trillion during the same period (2001 to 2010), followed by...