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No loss due to 2G spectrum allocation, claims Sibal

NEW DELHI: In an unusually strident criticism  of the government auditor, the Telecom Minister, Mr Kapil Sibal on Friday  slammed the CAG for its projection of Rs 1.76 lakh crore as presumptive loss on account of 2G spectrum allocation, terming its methodology as “utterly erroneous”.
He said there was “no loss at all” to the exchequer due to allocation of licences and 2G spectrum in 2008.

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Panel favours united Andhra Pradesh option

NEW DELHI/HYDERABAD: The much-awaited Srikrishna committee report unveiled on Thursday said the demand for a separate Telangana was “not entirely unjustified” and ruled that the best options in the present circumstances were giving the region that includes Hyderabad an autonomous council or breaking up Andhra Pradesh for good.

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Centre set to form GoM on corruption

NEW DELHI:  Under attack over various scams, the government is all set to set up a group of ministers to deal with the issue of corruption in the framework of five-point agenda outlined by the Congress president, Ms Sonia Gandhi.

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Pakistan bans onion exports to India

NEW DELHI/LAHORE:  The government’s efforts to boost onion supply suffered a setback on Thursday with Pakistan banning exports of the commodity via Wagah border which pushed prices up by Rs 5-10 a kg, even as competition watchdog CCI ordered a probe into possible cartels among traders.

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