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Us Financial Crisis Inquiry Commission

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'Justice prevailed' but TN's future seems bleak

The infighting in the AIADMK has rendered it weak and on par with the DMK and other parties, says R Rajagopalan. Justice has prevailed, said Tamil Nadu Chief Minister O Panneerselvam after All......

What Awaits Rajapaksas After Monday's Mayhem?

Gota has to decide if he could order elder brother Mahinda's arrest as the agent provocateur of Monday's violence.Then he has to prepare for an interim government, in which no one would now want to......

Kejriwal alleges scam in MCD; demands CBI probe

The Delhi government will extend a loan of Rs 551 crore to two civic bodies; Chief Minister Arvind Kejriwal said on Wednesday and alleged a situation was being created through the ongoing municipal......

'On a scale of 10, we are at 5 in our security preparedness'

Senior journalist Sandeep Unnithan, author of Black Tornado, a semi-official account of the 26/11 attacks, was on Rediff.com chat on November 26. In what was a frank and instructive interaction......

Kofi Annan: The 'teflon' UN secretary-general

'Kofi Annan will be remembered more for his Nobel Prize and related glory rather than Rwanda and Volcker,' notes Ambassador T P Sreenivasan with whom he worked in the UN. IMAGE: Former UN......

Buffett to testify on Moody's

Billionaire investor Warren Buffett will testify on rating agency Moody's to a crisis panel looking into the role of rating firms in the financial crisis, a media report said. According to the......

Is this why govt needs money from RBI?

Money permits patronage.Money means power. No wonder details of the crores locked up in NPAs and never repaid loans are top secret, says Sunanda K Datta-Ray. Photograph: PTI Photo It could well be......

NSEL scam: ED initiates probe, suspects money laundering

In a fresh development in NSEL's Rs 5,600 crore (Rs 56 billion) scam, the Enforcement Directorate (ED) on Monday registered a preliminary inquiry into the payment crisis, suspecting large-scale......

Chanda Kochhar falls on her sword, but why now?

Make no mistake, legally Chanda Kochhar was not and still is not obliged to quit.But quitting earlier would have placed her personally and as a leader on a very high pedestal, indeed where she......

Regulators fine global banks $3.4 bn in forex probe

Global regulators imposed penalties totalling $3.4 billion on five major banks, including UBS, HSBC and Citigroup on Wednesday for failing to stop their traders from trying to manipulate foreign......

Russia faces ban from athletics for widespread doping offences

The scandal revolves around accusations that money was demanded from top athletes to 'bury' medical tests showing drug use The international police body Interpol said it would coordinate a global......

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