News At A Glance: 28 June 2007

1) Stamp Paper Scam: Abdul Karim Telgi, the prime accused in the Fake Stamp Paper case, pleaded guilty in the MCOCA court and cried like a child. He confessed all the crimes and begged for mercy. However, the court sentenced him to 13 years in jail. He was also fined Rs. 50 crore. Although Telgi himself pleaded guilty, he did not name any politician.

2) World Heritage status for Red Fort: Red Fort, India's symbol of pride, has been given the World Heritage status by UNESCO.

3) RBI raises questions on Pratibha's Bank: UPA-Left Presidential nominee Pratibha Patil's Mahila Sahakari Bank comes under RBI scanner. The RBI has raised questions on Pratibha's way of functioning. It found serious irregularities in the functioning of the bank.