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Rs 1,900 crore shortfall in Railways` earnings

Railways today said it has registered a shortfall of over Rs 1,900 crore in earnings till October this fiscal due to various factors like traffic disruptions by agitations and fog and restriction on mining activities in some states. "

We chose alliance over retail FDI: FM

Strongly defending its decision to allow FDI in retail, Finance Minister Pranab Mukherjee today told Congress MPs that the government was "compelled" to suspend the move to avoid "pre-mature elections". Addressing the C

SC allows JNU students union poll stayed since 2008

The supreme court on Thursday allowed Jawaharlal Nehru University (JNU) to hold its students` union elections, which had been stayed by the apex court in 2008 for non-compliance of some of its guidelines. While allowing the polls, a bench

Harvard removes Swamy-taught courses

Harvard University has decided to remove courses taught by Janata Party president Subramanian Swamy at its annual summer school session, terming his views as "reprehensible" in a controversial piece he wrote on Islamic terrorism in India

Last chance to implement tamperfree number plates: SC

Giving last opportunity to state governments to ensure tamper-free high security number plates in vehicles, the supreme court on Thursday directed them to implement the scheme within four weeks In a clear warning to the state governments,

No Money in foreign banks: BJP MPs to declare

BJP MPs on Friday will submit declarations to the presiding officers of their respective houses of parliament, stating that they do not have any illegal money stashed in any foreign bank or tax haven abroad. BJP leader L K Advani had annou

Oppn wants PC out, LS adjourned till noon

The lok sabha was adjourned till noon on Thursday following uproar over NDA demand for resignation of home minister P Chidambaram for his alleged role in the 2G scam, and some other issues. As soon as speaker Meira Kumar called for the que

Court allows Swamy to depose as witness in 2G case

A Delhi court on Thursday allowed Janata Party chief Subramanian Swamy to depose as a witness and lead further evidence in support of his private complaint against union home minister P Chidambaram in the 2G spectrum case. "Complainan

Bihar Lokayukta Bill passed by legislative assembly

In a landmark legislation aimed at combating corruption in public life, the state assembly on Wednesday passed by voice vote the Bihar Lokayukta Bill, 2011, for constitution of a strong and effective Lokayukta in the state bringing within its ambi

Overall environment will change if Parl functions: FM

Finance minister Pranab Mukherjee on Wednesday said fundamentals of the Indian economy are strong despite concerns of inflation and growth, and the overall environment will improve significantly if parliament functions and approves important legis

Not possible to monitor metro rail projects: Govt

The government on Wednesday said it is neither "possible nor feasible" for it to monitor the progress of metro rail projects and supervise its construction in the country. "Neither it is possible nor feasible for the central

NE insurgents procuring arms from China, South East Asia

Insurgent groups in the Northeast are procuring arms in China and some other South East Asian countries before smuggling them into India through Myanmar and Bangladesh, Government said on Wednesday. "There are reports that insurgent o

NGOs based in hostile countries a source of terror funds: Govt

Government on Wednesday said NGOs based in foreign countries, particularly those which provide a safe haven to terrorists acting against India, are considered a potential source of terrorist funding. "As per the available inputs, from

Team Anna rejects Par panel`s recommendations on Lokpal

Rejecting the recommendations of parliamentary panel on Lokpal Bill, Team Anna on Wednesday claimed that they will not have any impact on corruption and will instead dismantle the existing anti-graft mechanism. "I think the recommenda

UPA agrees to consult other parties, CMs on FDI in retail

The government on Wednesday made a further retreat to include the political parties and the chief ministers among the stakeholders to be consulted before allowing foreign direct investment (FDI) in retail trade. As a result, parliament was back to

Centre has enough proof to topple Maya govt: Bharti

Uttar Pradesh Bharatiya Janata Party president Uma Bharti has further intensified attack on Uttar Pradesh chief minister Mayawati, this time firing from Congress general secretary Rahul Gandhi’s shoulders.    According

Holding back FDI in retail "highly regressive": India Inc

Disappointed by the government`s decision to put foreign direct investment (FDI) in multi-brand retail on hold, India Inc on Wednesdasy described the move as "highly regressive". "It is a highly regressive move. For the grow

Cash-for-vote: Court reserves order on plea against Amar

A Delhi court on Wednesday reserved for December 12 its order on a plea for lodging a case against rajya sabha MP Amar Singh for his alleged role in kidnapping of a witness in 2008 cash-for-vote case hours before his deposition on the issue before

DTC to come into force from next fiscal, says Pranab

Finance Minister Pranab Mukherjee today expressed the hope that the Direct Taxes Code (DTC), which seeks to modernise tax laws in the country, will come into force from April 1, 2012. "The proposed Direct Taxes Code brings together th

For how long will we have to live with such lazy policymaking?

The logjam over FDI in retail, and its eventual ‘holdback’, was neither unexpected nor probably unforeseen. Pause for a moment and revisit the circumstances under which this policy (51 percent in multi-brand and 100 percent in single-b


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