Sunday, May 4, 2014

Black money: Names of 26 account holders out, SC reconstitutes SIT
Account holders in Liechtenstein Bank include members of Ambrunova trust, Manichi trust and Webster Foundation. Meanwhile, Supreme Court reconstituted the special investigation team to monitor the probe into the black money and directed the government to issue the necessary notification in three weeks.

Pressure on Switzerland to share bank information
Strongly objects to Switzerland's denial of information about account details of certain Indians at HSBC's Swiss bank branches.

India to earn money by saving forests
A draft national policy aims at reducing carbon emissions from deforestation as part of a UN REDD+ scheme which offers incentives for developing countries to reduce emissions from forested lands. Environmentalists say the scheme will fail as previous compensation plans have not led to serious cuts in emissions. 

Record rape victim’s statement before magistrate in 24 hrs 
To fast track rape cases, Supreme Court says there is no need to record a victim’s statement before the police as it carries no legal sanctity. 

Panel against Modi before counting day?
A judicial commission to probe 'snoopgate' allegedly involving Gujarat chief minister Narendra Modi will be in place before the Lok Sabha poll process comes to an end on May 16, Central government says. Allies differ with Congress.

Sebi can now seek call data records: Bombay High Court
The stock market regulator had been seeking sensitive data of subscribers from telecom and Internet service providers to assist itself in investigating market frauds.

Sun-Ranbaxy deal on hold till insider trade verdict
The Andhra Pradesh High Court has asked stock exchanges not to approve Sun Pharmaceutical's all-share transaction to buy Ranbaxy Laboratories until it decides on a petition alleging insider trading in the Rs 24,000 crore deal. 

Red Fort attack case: SC stays death penalty against Pak terrorist
Mohammed Arif alias Ashfaq, sought release on the ground that he has already spent over 13 years behind bars and he should not be hanged after such a long period.

NGT against wall construction at Rajaji Park
The wall would have obstructed a passage used by elephants along the Song River. 
 

No dumping of sewage at wetlands in capital
The National Green Tribunal prohibited dumping by the metro rail authority, for disposal of waste material in the national capital. 

Sebi sets 10% limit on foreign investors
A foreign portfolio investor (FPI) will be allowed to buy additional shares in a company only if its holding is less than 10 per cent.

Railways fined for denying toilet
A consumer forum directs Western Railway to pay Rs 25,000 to a woman was denied use of railway staff toilet at Dadar station after she started menstruating on a local train in 2007. 

Paid news: EC questions Nirupam, Deora
Election Commission has sought explanations from Congress’s Milind Deora (Mumbai South), Vishwajeet Kadam (Pune) and Sanjay Nirupam (Mumbai North) and BJP’s Anil Shirole (Pune).

Jharkhand HC quashes arrest warrant against Giriraj
The Jharkhand High Court quashed the arrest warrant issued by a Bokaro court against BJP leader Giriraj Singh, who is accused of delivering hate speeches at election meetings.

This is a roundup of policy news from April 27-May 4, 2014