A moratorium is not the magic bullet that can slay Bengal’s fiscal demons, several economists have said, pointing out that postponing the inevitable will be of little use unless backed up by a revenue mobilisation road map. Chief Minister Mamata Banerjee had yesterday set a 15-day deadline for the Centre to announce a three-year moratorium on the payment of interest on the loans Bengal had taken. “A moratorium on repayment obligations can...

-Express News Service A week after a professor was arrested for forwarding an e-mail containing a cartoon of Mamata Banerjee, an associate professor last night took no chances when he was tagged on the Facebook in a cartoon that showed a headless woman dressed like the Chief Minister. Dr Bickram Saha, Associate Professor of Midnapore Medical College and Hospital, complained to the local police against Pallab Maitra for tagging him. Saha accused...

BHOPAL: The state government move to appoint chief information commissioner (CIC) by the end of April may hit a roadblock with the Supreme Court stating Friday that it would lay down guidelines to ensure that posts of information commissioners at the centre and state commissions do not become "property of a political set-up". The post of state's CIC is lying vacant following the retirement of P P Tiwari on March 26...

-The Hindu Sleuths from the Central Bureau of Investigation (CBI) conducted searches in 12 locations in Lucknow district on Saturday in connection with the multi-crore foodgrains scam in Uttar Pradesh. The scam relates to sale of wheat and rice — meant for distribution to the poor — in the black market from 2002 to 2007, and was estimated to be of the order of around Rs. 35,000 crore. The locations included those in...

-The Hindustan Times   Helicopters were kept on standby for casualty evacuation; targets were chosen with care after studying satellite images and the troops were warned — the encounters would be fierce and the naxals could be in the hundreds, even thousands. After weeks of planning, security forces armed with automatic rifles, satellite phones and Swedish Carl Gustav rocket launchers made their very first foray into the dense Abujhmad jungle, straddling the...