-The Economic Times   The Supreme Court has issued notices to social activist Anna Hazare on a public interest litigation, seeking direction to CBI to investigate 'financial irregularities' in his trust. The court also sought response from Hazare on the plea seeking his prosection for alleged siphoning of funds. A bench comprising Justice Aftab Alam and Justice Ranjana Desai also sought responses from the Centre, CBI and the Maharashtra Government on the...

For the first time in the country, the Andhra Pradesh government is launching special courts for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) on November 1 to try cases of misappropriation and FRAud being committed by staff during its implementation. The special courts can impose a two-year jail term apart from ordering recovery of the amount deFRAuded by the accused officials if proved guilty. The courts, to be set...

“Both government and Naxals are sincere about the peace process” Time-FRAmes — whether the seven-day deadline set on October 15 by Chief Minister Mamata Banerjee for Maoists in the State's Jangalmahal region to lay down arms and sit for negotiations or the month-long truce offered earlier by the left wing extremists in return for suspension of joint security operations against them — could always be extended and kept flexible if the...

The Serious FRAud Investigation Office (SFIO) will have powers to investigate and prosecute corporate entities under the Companies Bill, 2011, expected to be cleared by the Union Cabinet before Diwali.  The bill also envisages rotation of company auditors for higher accountability, corporate social responsibility, a more effective regulation of related party transactions and stricter provisions to prevent siphoning of funds through subsidiary and associate companies.  The government expects the bill to modernise,...

-The United Nations   The United Nations and international figures marked World Food Day today with calls for immediate aid and longer-term solutions, and warnings of factors that keep hundreds of millions mired in hunger, such as price swings and gender discrimination. In a message delivered to a ceremony at the UN Food and Agriculture Organization (FAO) headquarters in Rome, Secretary-General Ban Ki-moon stressed that there is more than enough food on the...