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Mumbai activist takes over fight to get Mahanagar Gas in RTI regimen

Eight years after a Mumbai consumer activist sought an answer from the state information commission on why Mahanagar Gas Limited (MGL), like other public organizations, not complying with RTI Act, another activist has taken up the issue and is rea

HUDCO bonds issue making headways

According to the Bombay stock exchange website, Housing and Urban Development Corporation`s (HUDCO) tax free bonds issue, targeted to raise up to up to Rs 4809 crore, has already garnered Rs 1585 crore. According to a news report in the Fi

Dummies guide to new 2% CSR regime

Section 135 of the Companies Act, 2013 is easily the most hotly debated of the 470-something provisions in the new legislation. Bhaskar Chatterjee, the CEO and director-general of the Indian Institute of Corporate Affairs, put it well at a public

RBI to the common man`s rescue, bans 0% interest schemes for credit card purchases

With a view to protecting consumers against paying hidden interest amounts, the Reserve Bank of India (RBI) has banned banks from giving out zero percent interest rate schemes on credit card purchase of consumer goods. The move, which comes just a

GAIL sourcing LNG to meet growing demands

GAIL (India) Ltd. has entered into an understanding with Petronet LNG Ltd for reserving 2.5 million tonnes (mt) annually exclusive capacity in the planned expansion of Dahej LNG terminal to meet the demand.  According to a news repor

Seventh pay commission set-up for central government employees

With five key states going for elections later this year and the 2014 general elections approaching, the government has announced setting up of the seventh pay commission which comes as good news for central government employees. “Pr

Pranab-da, look before you sign this ordinance

We reproduce here a letter Prof Jagdeep Chhokar has written to the president, urging him "extra care" before signing the ordinance that seeks to negate the effects of a supreme court ruling disqualifying covicted MPs/MLAs. For more o

Bhatkal interrogation: NIA fears fresh strikes; issues alert on two more IM terrorists

The National Investigation Agency (NIA) may have finally got the custody of its prized catch, Indian Mujahiddeen co-founder Yasin Bhatkal and his ward

Coal India Limited violating statutory provisions: Report

World’s largest coal producing company Coal India Limited is misleading investors despite operating on a shortfall of 16percent coal reserves. As per the report “Coal India: Running on Empty?” released by Greenpeace India yesterd

Game has changed: DBT rollout will be messier

Governance in India is defined by hasty and unplanned decision-making. Take Aadhaar for example. So what if Aadhaar is yet to get the parliamentary approval? That did not stop the government from aligning various welfare schemes to

Jagan out of jail: what it means for Andhra Pradesh politics

•Bail to Jagan gives immense relief to YSRCongress Party (YSRCP). But for those keenly following Andhra Pradesh politics recently, it comes on expected lines. On the legal front, Jagan was due for bail since the CBI exceeded the time-frame se

Public sector bank unions call off strike against merger

Bank employees unions have called off one-day strike on September 25. According to the unions--– All India Bank Employees’ Association (A

What if NaMo wants redress against NDTV?

Leading broadcaster NDTV on Monday (September 23) added an additional layer of ombudsman, complicating an already confusing regime on who a viewer can go to when a TV channel wrongs him or her. In a statement quoted by Hindu Business Line,

UPA`s Aadhar idea slammed by social media after apex court`s verdict

Social media was quick to slam the government’s much-flaunted Aadhar project soon after the supreme court on Monday ruled that Aadhar cards should not be made mandatory for the economically deprived section to get government benefits.

Gen Singh launches Twitter war on Shekhar Gupta

Shekhar Gupta, the chief editor of the Indian Express, is a “UPA stooge”, says Gen VK Singh (retd). The former army chief posted 10 tweets [read them here] over Sunday and Monday, accusing

Durga Shakti Nagpal reinstated

The Uttar Pradesh government reinstated suspended IAS officer Durga Shakti Nagpal on September  22 with ‘full honours’. The move came after Nagpal met UP chief minister Akhilesh Yadav at his residence and clarified her po

RBI sets up committee to chalk out plans for enhancing financial inclusion

Reserve Bank of India (RBI), on Monday, announced the setting up of a committee to frame clear plans and targets for enhancing financial inclusion across the country. The 13-member committee headed by Nachiket Mor, member on the apex bank’s

UPA in a fix as SC shakes Aadhaar foundation

In a major setback to the UPA government’s flagship Aadhaar scheme, the supreme court on Monday ruled that the Aadhaar number cannot be the sole proof for entitlement under various government schemes. The Centre and state governments

Aadhaar not mandatory : SC

As the government has been slowly making Aadhaar card or the unique identification (UID) number scheme mandatory in availing various government schemes (officially it is not the policy), the supreme court (SC) has put a brake on the same.

After 16 months in jail, Jagan granted bail

The CBI court on Monday granted bail to YSR Congress president Jaganmohan Reddy in the disproportionate assets case. Reddy, who was arrested on May 27, 2012 and was in Hyderabad’s Chanchalguda jail for more than 16 months as a remand

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