-The Times of India NEW DELHI: An investigation by the Reserve Bank of India (RBI) into allegations of money laundering by private banks has found large-scale violations ranging from huge cash deposits without PAN to dummy numbers. The probe report, a copy of which is available with TOI, shows that three private players - HDFC Bank, ICICI Bank and Axis Bank - had also hugely suppressed alerts generated by their system on...

-The Hindu The south leads in the number of medical and nursing seats, with for-profit private colleges dominating the scene. It will take major capacity expansion in the government sector to meet WHO norms on access to health professionals. India has achieved major organisational and technological successes but the health system's performance is abysmal. This cannot be attributed to poverty. It is poor health that places India 134th in the Human Development...

-The Hindu Bhubaneswar: Posco India on Friday welcomed the Supreme Court's order in the Khandadhar iron ore mine case and hoped the verdict would expedite its proposed project in Odisha. "We welcome the judgment by the Supreme Court on the Khandadhar mining case. Once we receive the copy of the full judgment, we will be in a better position to comment upon. However, we believe that this will significantly help to expedite...

-Outlook Reserve Bank of India (RBI) today said it has completed investigations against banks following the Cobrapost expose and will take action if they are found guilty of violating prudential banking norms. "We have done investigations, we have prepared an internal report. There are processes to be followed to take investigations to its logical closure... "The first is action against individual institutions who are involved in practises which are not consistent with the...

-The Times of India The Prime Minister's Office (PMO) faced its sharpest indictment in the Supreme Court on Wednesday, with a senior official's visit to the CBI office to scan and suggest changes to an investigation report on Coalgate attracting the court's severe ire. The court's scathing comments on Shatrughna Singh, a joint secretary in the PMO, and Ashok Bhalla, a joint secretary in the coal ministry, seeking changes in a draft...