Corruption in the scheme may have nothing to do with fake children being shown to siphon out money, says Somasekhar Sundaresan.
India-born former Goldman Sachs director Rajat Gupta has asked a US appeals court to overturn a court's ruling that he pay a hefty $13.9 million fine in the insider trading case and sought reversing a life ban on him from serving as director of a public company.
With consensus eluding it, the land bill is unlikely to be presented in Parliament during the Monsoon Session beginning Tuesday and the related ordinance would be promulgated for an unprecedented fourth time, government sources said.
Since the food subsidy is almost Rs 1,000 per person per year, there is a need for complete re-engineering of the existing public distribution system so as to ensure each and every grain reaches the right beneficiary, he said.
Indian equity markets registered their highest single-day percentage gains since early October.
This is a formidable task which the Centre may find hard to shoulder without substantial involvement of the states.
Indian authorities failed to "prevent many incidents of religious violence and contributed to tensions through polarising speeches", Amnesty International said.
Sebi has prohibited firms, including Greenworld Agro Industries, Mass Infra Realty, Orchid Cultivation Projects India, Aditya Global Industries and Real Tulip, from raising funds from investors through issuance of securities.
Promising Central Bureau of Investigation probe into mining, chit fund and other scams in Odisha, Congress on Friday said it would review all MoUs signed by BJD government in the state in last 10 years, provide pucca houses to landless and allowance to unemployed youths if voted to power.
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The ruling by the Supreme Court was made in a parallel civil insider trading case brought against Gupta by federal regulator Securities and Exchange Commission.
She accused the Narendra Modi government of engaging in a "dangerous duplicitous game.
The agency has done five advertisements so far.
Showing signs of financial strain, the government's fiscal deficit in the first five months of the ongoing financial year has already touched 74.6 per cent of the budget estimate.
Cabinet note being readied, on basis of study, to ensure against foodgrain shortage; might require buffer of up to 50% more.
Pakistan on Saturday detained Zaki-ur Rehman Lakhvi, the 2008 Mumbai attack mastermind, for 30 more days under a public security order before he could be released from jail following a court directive to set him free which evoked a strong protest from India.
The government on Thursday gave more powers to market regulator Securities and Exchange Board of India to crackdown on ponzi schemes, access phone call records to check insider trading and carry out search and seizure operations.
India and the United States settled a dispute on Thursday that had paralysed the World Trade Organization and risked derailing a $1 trillion package of reforms.
'According to the government's Economic Survey, the Indian state's generosity is not restricted to its poorest citizens. In fact, in many cases, the beneficiaries are disproportionately the well-off.'
China's ruling Communist Party has cracked down on Tibetans who planned to attend the Kalachakra Puja in Bodh Gaya. But the Tibetan people have dared the Communists by listening to the Dalai Lama's sermons on the Internet and sharing videos on social media.
The new norms also seek to ensure that sufficient safeguards are put in place to avoid any misuse of its new powers and the required privacy of individuals is granted while conducting search and seizure operations.
Rahul Gandhi on Wednesday said "a government of the youth" will come to power in 2014 which will work for the poor and "change" the country, comments that triggered speculation whether he would take a leading role after the next polls.
To boost fund raising from markets, Sebi on Thursday proposed e-IPO norms where investors can bid for shares through Internet and eventually on mobiles, while already listed PSUs will be provided a 'fast-track' route for share sales to meet the disinvestment targets.
To get same tax treatment as FIIs; rules on search & seizure and consent settlement cleared
The tribunal posted the matter for further hearing in December, when it will decide whether to admit the pleas of the Raju brothers and others against Sebi order.
Opposition party is unlikely to block Bills for GST, insurance and e-auction of coal mines.
The promoters, instead, raised it to 63.15 per cent, while reporting they'd brought it down to 28.6 per cent.
We dance on every small achievement and forget the long-term objectives: Ajit Gulabchand, MD, Hindustan Construction Company.
Despite crude comfort, heavy spending cuts needed to offset Rs 80k-cr revenue shortfall
Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.
We take it as a given and allow a free run to those who deserve to be reined in by a simple democratic act: vote decisively, and if the television has made a farce of itself, use the remote control, says Mahesh Vijapurkar.
From 1952 to 1967, each of the three Lok Sabhas sat for an average of 600 days and more than 3,700 hours. In comparison, the 15th Lok Sabha -- from 2009 till 2013 -- has met for just 345 days and 1,331 hours, says Shreya Singh
The capital markets watchdog has asked the government to empower it to carry out search and seizure operations, to attach properties and to ask for information and records for all relevant entities.
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We present Prime Minister Manmohan Singh's full speech as he addressed the country on the occasion of 66th Independence Day, from Red Fort, Delhi.
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