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KFA now history, will banks move to fix big bad loans?

Voicing serious concern against big corporates whose bad loans have put banks in a fix, finance minister P Chidambaram on Monday said, “We cannot have an affluent promoter and a sick company.” While the finance minister named n

Sleeper class passengers saved of touts

Indian Railways’ belated attempt to check the menace of illegal hoarding of tickets by touts, who sold them at premium to desperate passengers, seems to be bearing fruit. According to a report in the Indian Express, ever since the r

Making rebels out of innocents

In a rare happening that questions the highhanded attitude of those who enjoy power, a crime theory has been framed by the government against an innocent to obtain legal sanctity in support of the deliberate denial of job. The victim is Brinda, a

Chidambaram clears doubts on govt`s stability

Even as DMK chief M Karunanidhi announced his decision to withdraw support to it on the Lankan Tamils issue, the government today put up a brave face, insisting that there was no threat to its stability. At the same time, the government so

Seeing win-win scene, DMK checks out of UPA

So the UPA-II is on the verge of losing its fourth ally in just over as many months, as DMK chief M Karunanidhi announced on Tuesday morning that his party would withdraw support to the government over India’s stand on the UN-sponsored resol

DMK snaps ties with govt over Lankan Tamils issue

Hardening its stand on the Lankan Tamils issue, DMK on Tuesday decided to pull out of the UPA government at the Centre for allowing "watering down" of the US resolution against Sri Lanka at the UNHRC and not considering its suggestions o

Sri Lankan Tamil issue forces adjournments in Par

Parliament on Tuesday witnessed repeated adjournments during Question Hour as DMK and AIADMK disrupted proceedings in both the Houses on the issues of ethnic Tamils in Sri Lanka. In the Lok Sabha, soon after Speaker Meira Kumar read out ob

Global hunger statistics: does every hungry belly count?

So the blockbuster anti-hunger campaign from the UK is here. The big ‘IF’ (see enoughfoodif.org), launched on January 23! A hundred NGOs, eight demands, countless activists and intellectuals, all c

I’ll spend MY money on my baby

When Leela, a resident of Hiran Magri in Udaipur district (Rajasthan), was in the seventh month of her pregnancy in December last year, she first heard of the direct benefit transfer (DBT) scheme. The accredited social health activist (ASHA) worke

Govt concedes, keeps age of consent to 18

Facing strong opposition from various political parties on lowering the age of consent for sex from 18 to 16 years, Government has agreed to stick to 18 years and also water down provisions on stalking and voyeurism in a bill which seeks to hand d

Beni stalls parliament, links Mulayam with terrorists

Union Minister Beni Prasad Verma was in the midst of a fresh row as his remark that Mulayam Singh Yadav had terrorist links paralysed Parliament, forcing government to express regret and condemn the utterances. Verma stirred a hornet`s nes

Green tribunal returns transparency to MoEF work

One of the first major steps that Jayanti Natarajan took after assuming charge of the ministry of environment and forests (MoEF) in July 2011 was to dismantle the glass door her predecessor Jairam Ramesh had installed at the ministerial office in

PSU disinvestment: Selling family silver at raddi shop

Two incidents prove how politicians and bureaucrats treat public sector undertakings (PSUs) as their private jagirs and fiefdoms. In one case, witnessed personally, a junior (and young) cabinet minister asked his senior colleague how he could cont

PC tells banks: take firm steps to recover loans

Concerned over rising bad loans, Indian Finance Minister P Chidambaram asked banks to take firm steps to recover loans saying the country cannot afford to have "affluent promoters and sick companies". "We wish banks take fir

All-party meet on anti-rape Bill reaches dead end

An all-party meeting convened by the government on Monday failed to reach a consensus on the anti-rape Bill with leaders expressing reservations on the age of consent for sex and demanding safeguards against misuse of the proposed law. &qu

"Marines have time to come back by March 22"

Order restraining Italian Ambassador from leaving India will continue till further orders, says SC. Italian Ambassador Daniele Mancini tells SC he has complete immunity under the Vienna Convention. All authorities shall take approp

15 TRS MLAs suspended from AP assembly

Fifteen MLAs belonging to the Telangana Rashtra Samiti (TRS) have been suspended for a day from the Andhra Pradesh Assembly on Monday as they disrupted proceedings demanding adoption of a resolution on the statehood issue. The TRS members

Rajnath Singh to announce team on March 20

Bharatiya Janata Party president Rajnath Singh is ready with a tentative list of the top leaders of BJP for the positions of general secretary and vice-president of the party. Singh has discussed the tentative list with the RSS leaders aft

Nitish invades Delhi, brings politics of poor to centrestage

Bihar, led by its chief minister Nitish Kumar, invaded the national capital today in a determined bid to change the contours of national politics in the run-up to elections 2014. Thousands of poverty-stricken faces with inadequate body mass marche

When Rs 31 trillion subsidy for the rich is “reformist”

Just how the bogey of mounting deficit is being raised to reign in subsidy for the poor and even replace it with the direct-benefits transfer (DBT) while raising the subsidy for the corporate and non-corporate firms, bodies and high networth indiv

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