Police registers FIR against Digvijay, former MP Assembly Speaker, 17 others

Newsroom24x7 Desk Bhopal: The Madhya Pradesh Assembly Secretariat last night filed an FIR–First Information Report – against AICC General Secretary and ex-chief minister Digvijay Singh, former Assembly Speaker Sriniwas Tiwari and 17 others accusing them of alleged irregularities in recruitment during Singh’s tenure as state chief minister between 1993 and 2003. Bhopal’s Jehangirabad Police station Town…

Super Budget 2015-16: Fiscal Deficit is 3.9% and Revenue Deficit 2.8% of GDP

Newsroom24x7 Desk Finance Minister Arun Jaitley today refused to take the short-cut to populism through subsidy and freebies and instead chose to present in Parliament a pragmatic Budget for 2015-16 by avoiding sudden surprises and plugging loopholes leading to instability in tax policy. New Delhi: Finance Minister Arun Jaitley today refused to take the short-cut to populism through…

Former Income Tax inspector gets 3-year jail sentence

Newsroom24x7 Desk Jabalpur (Madhya Pradesh): The Special Judge for CBI Cases here has convicted Brijendra Nath Bala @ B.N. Bala, the ex-Inspector of Income Tax, who was posted at Ayakar Bhawan in Jabalpur and sentenced him to undergo three years Rigorous Imprisonment with fine of Rs.1,61,540 under Section 13(2) read with 13 (1)(e) of Prevention…

US House gives one-week extension to Homeland Security funding

Newsroom24x7 Desk Washington DC: The US House of Representatives Friday approved a one-week extension to funding of Department of Homeland Security to prevent the shutting down of this crucial department at midnight. Earlier the House failed to pass a three-week extension of funding for the department responsible for domestic security Obama administration on Friday made…

Economic Survey 2014-15: Economic Outlook and Modi Government’s policy challenges

Newsroom24x7 Desk New Delhi: The Union Finance Ministry today released the Economic Survey 2014-15 which presents the economic outlook and the Modi Government’s Policy chhallenges. The Survey prepared by chief economic adviser Arvind Subramanian and released ahead of the Budget for 2015-16 shows that Macroeconomic fundamentals in 2014-15 have dramatically improved. The Survey highlights are:…

French authority slaps Euro 300,000 fine on SBI

Newsroom24x7 Exclusive Lalit Shastri Commission des sanctions (Commission of Sanctions) of France has held State Bank of India Paris guilty of large scale irregularities over a prolonged period in management of accounts, banking functions and more particularly unreconciled entries and insufficient control on daily entries and consequently the bank has been slapped a fine of Euro…

In Britain: Independent oversight of investigations into matters relating to Jimmy Savile at schools and children’s homes

Newsroom24x7 Desk London: Lucy Scott-Moncrieff was appointed to provide independent oversight of investigations into matters relating to Jimmy Savile at schools and children’s homes and she has now produced a report covering a total of 14 investigations. The report ‘Independent oversight of investigations into matters relating to Jimmy Savile at schools and children’s homes’ is a…

Size of Plan Budget of Railways up by 52%

Newsroom24x7 Desk New Delhi: Union Railway Minister Suresh Prabhakar Prabhu today announced that the size of the Plan Budget for Indian Railway has gone up by 52% from Rs. 65,798 crore in 2014- 15 to Rs. 1,00,011 crore in 2015-16. Support from the Central Government constitutes 41.6% of the total Plan Budget and Internal generation 17.8 %.…

MP Assembly Budget Session 2015 Adjourned Sine Die

Newsroom24x7 Desk Bhopal: The Budget session of Madhya Pradesh Assembly was adjourned sine die much ahead of schedule this afternoon after the House had passed the State Budget for 2015-16 without discussing the demand proposals. The House also passed two amendment Bills–one relating to the Cooperative Societies and the other linked to civic bodies. The…