Amid a nationwide outcry over Ponzi schemes causing huge losses to common people, finance minister P Chidambaram on Wednesday said there are regulatory gaps in the financial sector and efforts are being made to frame a new law to address the gaps.
Opposition leaders Sushma Swaraj and Arun Jaitley sought to puncture the celebratory mood of the UPA on completion of four years of its second term in office.
Strongly backing Prime Minister Manmohan Singh, United Progressive Alliance (UPA) chairperson Sonia Gandhi today said he has been carrying out his responsibilities with "great dignity" in the face of "unrelenting hostility" and the alliance stood solidly by him.
Delhi Lokayukta on Wednesday indicted chief minister Sheila Dikshit for allegedly misusing government funds for carrying out an advertisement campaign with a "political purpose" ahead of assembly elections in 2008.
Speaking on the fourth anniversary celebrations of UPA-II government in New Delhi, Prime Minister Manmohan Singh said 8% growth rate was possible if the Congress-led coalition is voted to power again next year.
Amid outcry over Ponzi schemescausing huge losses to common people, Finance Minister P Chidambaram on Wednesday said there are regulatory gaps and efforts are being made to frame a new law to oversee financial sector.
Leaders of the Congress in West Bengal today met Chief Election Commissioner V.S. Sampath to lodge a complaint against Chief Minister Mamata Banerjee for allegedly violating the model code of conduct ahead of the June 2 Lok Sabha by-poll from Howrah.
NIA today filed a charge sheet against four people including Ram Chandra Kalsangra, who is absconding, for allegedly planning, conspiring and triggering blasts in Malegaon in 2006 that left 37 people dead.
The Delhi high court on Wednesday issued notice to police on a plea of Haryana's former minister Gopal Goyal Kanda's employee Aruna Chaddha against the framing of fresh charge of abetment of rape against her in the Geetika suicide case.
The Delhi High Court today agreed to hear a plea seeking direction to the Centre for taking control over the Indian Premier League by separating it from BCCI in view of irregularities including spot-fixing cropping up in the cash-rich cricket tournament.
BJP today expressed reservations over appointment of Shashi Kant Sharma as CAG, saying there could be a "conflict of interest" as he will be auditing defence deals in which he had a role as defence secretary.
Afghan President Hamid Karzai said on Wednesday he had given a "wish list" of military equipment to India during a visit this week, presenting a conundrum for New Delhi as it weighs whether arming the Afghan army is in its interests.
Delhi high court today ordered perjury prosecution of Bollywood actor Shayan Munshi and ballistic expert PS Manocha for turning hostile in the Jessica Lal murder case.
A Delhi court today extended by five more days the custody of CBI superintendent of police Vivek Dutt, a key member of the coal scam probe, and three others arrested for their alleged roles in a bribery case.
BJP today sought to paint a dismal picture of UPA II by holding it responsible for the economic gloom and pointing towards its failure in giving the country any leadership.