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September 2, 2012 8:27 PM

Coalgate: CBI dispatches teams to Chhattisgarh, Jharkhand?

CBI teams have reached Chhattisgarh and Jharkhand to probe into alleged irregularities in coal block allocation and utilisation. The teams are there as part of the agency's ongoing preliminary enquiry (PE) into the alleged coal scam. The agency, which has registered a PE after Central Vigilance...

September 2, 2012 8:26 PM

Situation improves in violence hit areas of Assam

In Assam the situation in the violence hit areas has improved .Day curfew has been relaxed in Kokrajhar, Chirang and Dhubri district. State's Law and Order IGP L R Bishnoi said that police so far arrested 436 persons for indulging in violence during ethnic clashes and 120 miscreants for the involvem...

September 2, 2012 6:53 PM

Inter-Ministerial Group meet over fate of coal blocks tomorrow

The fate of 58 coal blocks will be reviewed at a meeting of an Inter-Ministerial Group (IMG) in New Delhi tomorrow . Talking to reporters in Kanpur,Coal Minister Sriprakash Jaiswal said an IMG has been set up to examine the pros and cons and based on its report any number of allocations can be cance...

September 2, 2012 12:52 PM

Graft case can not be nixed despite department's clean chit: SC

The Supreme Court has held that corruption case against a government employee cannot be quashed on the basis of clean chit given by the department after holding an inquiry against him. A three-judge bench headed by Justice R M Lodha said the standard of proof in departmental proceedings is lower tha...

September 2, 2012 9:40 AM

Assam govt appeals for not to take out rallies in order to maintain peace

Assam government has urged various organisations and political parties not to take out processions, rallies and marches which may aggravate tension and disturb social fabric in the wake of recent violence. The State Government has also sought cooperation from all to restore peace and harmony. Our co...

September 2, 2012 9:40 AM

Expert Committe recommends postponement of GAAR by 3years

The Chambers of Commerce and Industry have welcomed the draft guidelines on General Anti-Avoidance Rules - GAAR - as encouraging and progressive. Confederation of Indian Industry Director General Chandrajit Banerjee said, the CII has been advocating a postponement in the introduction of GAAR. Anothe...

September 2, 2012 9:39 AM

Political parties condemn Raj Thackeray's remarks against people of Bihar

Various political parties have condemned the MNS chief Raj Thackeray for his alleged threat to brand the people of Bihar as infiltrators and force them out of Maharashtra. RJD spokesman Ram Kripal Yadav said the people of Bihar have a constitutional right to live in any part of the country including...

September 1, 2012 8:53 PM

Expert committee recommends postponement of GAAR by 3 years

The expert committee on General Anti Avoidance Rules - GAAR - has recommended postponement of the controversial tax provision by three years. It has also called for abolition of capital gains tax on transfer of securities.To re-assure global investors, the Committee in its draft report, suggested th...

September 1, 2012 8:31 PM

Expert committee recommends postponement of GAAR by 3 years

The expert committee on General Anti Avoidance Rules - GAAR - has recommended postponement of the controversial tax provision by three years. It has also called for abolition of capital gains tax on transfer of securities. To re-assure global investors, the Committee in its draft report, suggested t...

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