Friday, August 28, 1998
No leniency, says judge and Dalal gets 7 yrs RI
The special court hearing the 1992 securities scam cases has sentenced stock broker Hiten Dalal and S Mohan, former assistant vice president of Canara Bank Financial Sevices, to seven years Rigorous Imprisonment (RI). Justice S N Variava of the special court also sentenced Dalal to another two years for offences under Section 411, Indian Penal Code (having taken possession of stolen property).
PM's economic reign begins
In one swift stroke on Thursday, the Prime Minister's Office assumed for itself the role of a super finance ministry. With two panels of high-powered economists and industrialists to advise him, Vajpayee appears to be making a strong bid to have a greater say in his government's economic policies which till now were the copyright of the swadeshi lobby running North Block.
If US can, so can we, asserts Govt
The Vajpayee government has rejected the US contention that it had the right to attack terrorists in any country but India could not take similar action in Kashmir. Accusing the US of pursuing "double standards" on the issue of combating terrorists, Union Home Minister LK Advani and the ruling BJP said it was unacceptable to India.
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