Their ongoing negotiations remain shrouded in secrecy, but there are already reports that India and the European Union (EU) will have a free-trade agreement ready by the end of August, and that they will be putting signatures to it before the end of 2010. Yet it is a potential development that is causing more nervous chatter than joyous jitters here in India, where drug manufacturers in particular have raised concerns over...

A Group of Ministers (GoM) will discuss on Thursday issues pertaining to illegal mining, a ban on iron ore exports, the new mining legislation and setting aside a share in the profits of mining companies for the development of tribal areas. Officials of the Ministry of Mines said Minister B.K. Handique was pushing for the Ministry's proposal to make mining companies in tribal areas shell out a part of their equity,...

Corporate donations to political parties, a long-standing lightning rod for criticism for the implicit conflicts of interest in a controlled economy, will come under greater scrutiny when a new Companies Bill, expected to be passed in the winter session of parliament, gains the force of law. Provisions enforcing greater transparency and disclosure norms on such donations will be part of the upcoming bill, which is currently being studied by a...

Acknowledging that the rotting foodgrain was “shameful” , the government told parliament on Tuesday that aggressive measures will be taken to increase storage capacity in the next 2-3 years. The government was also considering giving infrastructure status to warehouses to attract the private sector into the field in a bid to increase storage space. Responding to a calling attention motion in the Rajya Sabha, agriculture minister Sharad pawar said: “We...

The Centre admitted on Thursday that people trying to expose corruption with the help of the Right to Information (RTI) Act were facing harassment. In response to a query whether the government knew about increasing threats to people using RTI against corruption, minister of state in the prime minister’s office (PMO), Prithviraj Chavan, told parliament, “Yes, reports have appeared in the media about the threats. The Central Information Commission (CIC) has...