Displaying posts categorized under

News & Scoops

HDFC Brings Back Dual-Rate Plans

HDFC has introduced a new dual-rate product which gives borrowers the option to lock into current interest rates, which range from 10.75% to 11.75%, for the next three or five years. However, the borrower will end up paying 25 to 50 basis points more than the prevailing rates on home loans. The product comes close [...]

FM To Revive Investor Interest During US Visit

As the US keenly watches the pace of financial sector reforms in India and struggles with the euro zone to put its economy back on track, finance minister Pranab Mukherjee will visit that country later this month. The four-day tour, beginning September 21, includes World Bank-International Monetary Fund meetings, as well as interactions with investors. [...]

Anti-Graft Fight Begins At Home: Gandhians

Mumbai: Prominent Gandhians have urged noted social activist Anna Hazare to widen the scope of his agitation and take the battle against corruption to the grassroots, where they say it should be tackled first. “It is true that Hazare’s campaign has caught the people’s imagination. However, he should go beyond the Jan Lokpal model and [...]

Builder Asked To Pay 45L To Flat Buyer

Mumbai:The State Consumer Dispute Redressal Commission has ordered a Pune-based builder to pay a buyer Rs 45 lakh for failing to give possession of a flat he had purchased for Rs 6.5 lakh in 2001. The commission also reprimanded the builder for creating a third party interest by selling the same flat to another buyer. [...]

On 4th Day Of Fast, He Outruns Cops

New Delhi: A deafening roar pierced the Tihar Jail complex. The clock had struck 11.44 am. Anna Hazare emerged from the jail, raised his hands and waved at the sea of humanity before him. As the roar grew, Anna asked for the national flag and waved it. The crowd, standing on the flyover, perched on [...]

SC: States Can’t Ban Film Cleared By Censor Board

New Delhi: The Supreme Court on Friday ruled that state governments cannot ban a film which has been cleared by the censor board for public screening, on the apprehension that it could cause a law and order problem. Clearing the decks for the release of Prakash Jha’s film Aarakshan in UP, a bench said, “Once [...]

Anna Rides Wrath Yatra, Ups Ante

New Delhi: Emboldened by the swelling crowds at Ramlila Maidan, Gandhian anti-corruption crusader Anna Hazare upped the ante within hours of emerging from Tihar Jail on Friday. He set a three-week deadline for Parliament to pass the Jan Lokpal bill, pending which he wouldn’t budge from the grounds. This was not only contrary to his [...]

Anna Hazare Sent To Tihar Jail For 7 Days

Anna Hazare was today sent to seven days’ judicial custody after he refused to sign a personal bond and come out on bail following his arrest. Hazare, who was arrested in the morning on grounds of apprehension of breach of peace following his intention to defy prohibitory orders to go on indefinite hunger strike, was [...]

Anna Hazare Fasts In Police Detention

Anna Hazare today launched a fast in police custody soon after he was detained for sticking to his plan to defy prohibitory orders and stage a protest against corruption here. The Hazare Team said the Gandhian was on fast and was not even taking water after he was taken to a police facility in north [...]

HC Rejects Whistleblower Cop’s Petition

Sharma, currently posted as Deputy Inspector General (DIG), armed units, in Rajkot, had sought information under the Right to Information (RTI) to reply to the showcause notice slapped on him in February. The cop has been targetted by the Narendra Modi government for providing call record details related to 2002 Godhra riots to Nanavati Commission [...]