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Nod for 26% FDI in pension funds by Remya Nair

The govt has thus rejected the recommendation of the parliamentary standing committee on finance that the 26% FDI cap be a part of the Bill The cabinet on Wednesday cleared amendments to the Pension Fund Regulatory and Development Authority Bill, 2011, capping the overseas investment limit in the sector at 26%, but retaining the flexibility to raise this limit by stating that it would not form a part of the legislation. The...

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Justice Markandey Katju clarifies

-The Hindu   Justice Markandey Katju, Chairman, Press Council of India, has issued the following clarification on his critical observations of the Indian media.   I have expressed my views relating to the media in several T.V. interviews I gave as well as in my articles in some newspapers. However, many people, including many media people, wanted clarification and amplification of some of the issues I had raised. Many media people (including several T.V. channels)...

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Father Cedric Prakash, human rights and peace activist interviewed by Radhika Ramaseshan

Father Cedric Prakash is a human rights and peace activist based in Ahmedabad. He has campaigned for the justice of the victims of the 2002 communal violence on peril of being publicly branded as “non-Gujarati and non-Hindu” by chief minister Narendra Modi. A resident of Gujarat for nearly 40 years, Prakash is the founding director of Prashant, a centre for human rights, peace and justice. He was named Chevalier of the...

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AP HC orders probe into TDP boss Chandrababu Naidu's assets

-The Times of India   In what could spell major trouble for TDP president N Chandrababu Naidu, the AP High Court on Monday directed the CBI, Enforcement Directorate (ED) and state police to independently probe the allegations that he and his associates amassed wealth by plundering public assets. The court was responding to a petition filed last month by the late CM YS Rajasekhara Reddy's widow and YSR Congress MLA, Vijayamma. All...

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Gulberg Society case order reserved by Manas Dasgupta

The special court judge hearing the Gulberg Society massacre trial has reserved his order till November 18 on the plea of the advocate of the riot victims to stay the proceedings till the Supreme Court–appointed Special Investigation Team submitted its final report. Advocate S.M. Vora had moved the court to stay the trial after the SIT refused to submit its report before the special court and informed last month that as...

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