New Delhi: The Centre was on Wednesday directed by the Delhi High Court to consider in three months a plea seeking CBI inquiry against members of Team Anna for allegedly receiving funds from foreign organisations to run their agitation for Lokpal Bill. A bench of Acting Chief Justice A K Sikri and Justice Rajiv Sahai Endlaw asked Additional Solicitor General (ASG) A S Chandhiok to treat the PIL as a...
05:16 PM, May 30, 2012
Hyderabad: Chief minister Kiran Kumar Reddy called on Prime Minister Manmohan Singh on Thursday and requested allocation of additional gas to the state, in addition to Rs 3,000 crore assistance for drought relief and Rs 1,028 crore for the upcoming Conference on Biodiversity. Further, he lobbied the PM for national status for the Polavaram and and Pranahita-Chevella projects. The chief minister requested an allocation of 3 mmscmd more of gas...
09:41 AM, Apr 06, 2012
New Delhi: Pitching for quota and governance reforms in the International Monetary Fund (IMF), India and Britain on Monday said the funds of the multilateral lending agency should be adequately increased to help it play a meaningful role in mitigating global economic problems. "Both sides (India and the UK) are committed to ensuring that the IMF is adequately resourced to play its systemic role in the international financial system in...
01:40 AM, Apr 03, 2012
United Nations: India has given over $4 million to the UN Democracy Fund (UNDEF), bringing to nearly $30 million its total contribution to the entity launched in 2005 by Prime Minister Manmohan Singh and the then US President George Bush for promotion of democratic values. India's Permanent Representative to the UN Hardeep Singh Puri handed over a cheque for $4.17 million on Friday to UN Secretary General Ban Ki-moon. Ban...
05:27 AM, Apr 01, 2012
Islamabad: Pakistan on Thursday said it would explore the possibility of getting Russian funding for a multi-billion dollar gas pipeline project with Iran after a leading Chinese bank backed out of the venture over fears of sanctions imposed by Western countries. "Pakistan's technical delegation will visit Moscow early next month to have discussions on this subject," Foreign Office spokesman Abdul Basit told a weekly news briefing in response to a...
05:31 PM, Mar 29, 2012
Pune: Mayor Mohansingh Rajpal has been accused of misusing the mayor's fund for personal gain. The allegation was made by RTI activist Mahendra Dhavade on the basis of a brief account statement obtained from the Pune Municipal Corporation (PMC) Information Office. Rajpal refuted the allegation, calling it an attempt to malign his image at a time when elections were nearing. Urging Municipal Commissioner Mahesh Pathak to conduct an inquiry, Dhavade...
12:46 PM, Jan 25, 2012
New Delhi: Indicating signs of possible funds related to crime and terror trickling into the Indian casino sector, a government report has said that more than 7,000 instances of suspicious transactions have been detected in the elite gaming business during the last financial year. A total of 7,006 Suspicious Transaction Reports (STRs) during the 2010-11 fiscal have been reported by the casino business and allied payment operators to the Financial...
12:59 PM, Jan 22, 2012
He has worked in the Indian mutual fund industry for more than 15 years. He picks tomorrows blue-chip stocks from todays numerous mid-cap companies. Investment philosophy: He hitched his fund wagon to the theme of consumption and food inflation more than two years ago and his top picks too have remained the same over that period. Other interests: Stays in Mumbai and is slightly partial to Totos, that classic of...
01:09 PM, Jan 17, 2012
London: In a Hollywood-style heist, a group of thieves prepared for months and dug a 100-feet tunnel to reach an ATM only to get away with 6,000 pounds due to limited funds in the machine. In order to lay their hands on extra cash, the thieves put in elaborate planning and work in digging a 100-feet tunnel under a building to reach a cash machine. The labour-intensive robbery saw the...
03:14 PM, Jan 14, 2012
New Delhi: The Delhi government has served a show cause notice on Swami Agnivesh for alleged fudging of bills and told him to refund an "unspent" amount of Rs 2.23 lakh out of total grant of Rs 18 lakh given to his NGO to carry out a survey on bonded labourers in the city. The Revenue department has given 10 days' time to the activist as chairman of Bonded Labour...
01:03 PM, Jan 04, 2012
New Delhi: Stating that its role was limited to ensuring conduct of free, fair and peaceful polls, the Election Commission on Tuesday clarified it was not monitoring fund raising by Team Anna for its campaign against the Congress in the five poll-bound states. In a statement, the Commission said that its concern was limited to the extent that such campaigns were not inflammatory and did not create disharmony between different...
09:23 PM, Dec 27, 2011
New Delhi: With the first of the 27 Boeing 787 Dreamliners for Air India expected to arrive next month, the cash-strapped national carrier has decided to sell and leaseback seven of them and has started looking for bridge financing worth $230 million. While the first of these much-delayed planes would be delivered by the American manufacturer in January, the second one would come in March, the third in April and...
03:48 PM, Dec 24, 2011
Ramabai Nagar: Firing a fresh salvo at the BSP-led Mayawati government in Uttar Pradesh, Congress leader Rahul on Saturday alleged the money meant for Bundelkhand farmers was misused by minister Naseemuddin Siddiqui. Addressing a rally on the last day of his five-day mass contact programme in the state, he accused state Ministers and officials of siphoning central funds. "Funds were sent for farmers of Bundelkhand region under a special package...
09:56 PM, Dec 17, 2011
Bhubaneswar: Odisha on Friday asked the central government to provide early assistance of Rs 3,265.38 crore for relief and rehabilitation work in regions hit by the September floods. At least 21 of state's 30 districts were devastated by two successive floods and the state government asked the centre to provide assistance of Rs 3,265.38 crore and for release of adhoc assistance of Rs 1,000 crore. "The union government did not...
03:10 AM, Dec 03, 2011
New Delhi: The CBI has started probe into the alleged irregularities in spending Rs 10,000 crore allocated to Uttar Pradesh as central funds under National Rural Health Mission (NRHM), as it registered five preliminary enquiries after orders of Allahabad High Court on November 15. The agency has constituted a big special investigating team comprising 26 officers, including five Superintendents of Police under the overall supervision of Additional Director, Joint Director...
11:42 PM, Nov 19, 2011
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