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Rules against chit funds stuck in Delhi-Amit Gupta

-The Telegraph Ranchi: Sluggish economy and soaring personal aspirations are teaming up to create fertile ground for quick-rich chit fund schemes and non-banking finance companies such as the now-infamous Saradha to mushroom, but rules to give Jharkhand investors the much-needed safety net are hanging fire since over a year. Jharkhand Assembly had early last year forwarded rules framed by the state's institutional finance department for the President's consideration under The Chit Funds...

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Rise in drug-resistant bugs due to overuse of antibiotics -Durgesh Nandan Jha

-The Times of India Overuse of antibiotics has led to a situation in which even simple infections acquired outside the hospital are turning drug-resistant. This has been revealed in a recent study conducted by a city private hospital on ICU patients. It showed that nearly one-fourth of all adMISsions due to infection of the urinary tract, pneumonia or blood stream infection were community-acquired which means that these people contracted the drug-resistant...

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We should liberate CBI from interference, says Supreme Court -J Venkatesan

-The Hindu   Ranjit Sinha says CBI is part of government, not autonomous The widening sinkhole that the coal scam has become claimed its first victim on Wednesday as Additional Solicitor-General Harin Raval resigned for having MISled the Supreme Court, while CBI Director Ranjit Sinha?brought the executive and the judiciary to the verge of open confrontation by stating that his agency was not an "autonomous organisation" but part of the government.? The CBI, which...

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The cat is out of the bag

-The Hindu In a fit of candour quite uncharacteristic of those holding high office, CBI Director Ranjit Sinha said on Tuesday afternoon what everyone knows to be the truth about the autonomy and independence of India's premier investigation agency. "I am a part of the government, I am not an autonomous body," he blurted out when asked for his reaction to the Supreme Court expressing its disappointment and anger at the...

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Admit it, and act

-The Indian Express Having made a MIStake, UPA errs again by waiting to see what it can get away with The Supreme Court severely censured the CBI on Tuesday for having shared its status report on coal block allocation with the political executive, disregarding the court's specific instruction not to do so. Meanwhile, Assistant Solicitor General Harin Raval accused Attorney General Goolam E. Vahanvati of lying to the court about the matter,...

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