All in a day

May 8 is slated to be a crucial day on many counts

• Supreme Court (SC) to pronounce its verdict on the alleged interference by the government in the CBI status report on coal scam
   
• The Congress is rebuffing all demands for resignation of Law Minister Pawan Kumar Bansal despite the CBI in its affidavit ( of May 6 ) stating that "significant" changes were made and Law Minister Ashwani Kumar had been shown the draft report
   
• Congress says future course of action will be decided on Law minister after the court's judgment
   
• Crucial Karnataka poll results
   
• Pollsters predicting majority for the Congress. A Congress win will be a shot in the arm for the beleaguered Congress-led UPA, which is fending off corruption charges and several scam allegations. Also, it would put the BJP on the backfoot so far as corruption allegations go as the BJP state government was high on scams
  

 

The Securities and Exchange Board of India (Sebi)-Sahara tussle is nearing the climax, as the SC is likely to decide on a contempt petition filed by Sebi. According to Sebi, Sahara has been wilfully disobeying the Sebi order to refund over Rs 24,029 crore to some 29 million investors