-IANS West Bengal Chief Minister MAMata Banerjee Friday conceded that there were 'debt-ridden peasants who contemplated committing suicides'. 'There are many farmers who take loans from money lenders at high interest and when they are unable to repay the money, they contemplate suicide. Do not give up life like that, life is most valuable,' said Banerjee, after giving Kisan Credit Cards to farmers here in the South 24-Parganas district, about 150 km...

-The Telegraph The Centre has renewed efforts to forge a consensus on allowing foreign direct investment in multi-brand retail by writing to all chief ministers, seeking to drive home the urgency against the backdrop of grim economic data. “Letters have been written to all chief ministers to build consensus to open up the multi-brand retail sector to FDI,” a commerce ministry official said. The statement came a day after the country posted its...

-PTI The National Green Tribunal has sought the reply of Union Ministry of Environment and Forests (MoEF) on a plea against grant of any clearance to any new project in ecologically sensitive Western Ghats. The Tribunal also issued notices to the state governments of Maharashtra, Karnataka, Goa, Kerala, Gujarat and Tamil Nadu seeking their replies on the plea for implementation of the report by Western Ghats Ecology Expert Panel (WGEEP) on the...

-The New York Times India's coalition government just celebrated the third anniversary of its tenure with a self-congratulatory banquet that could not have been more poorly timed: India's currency, the rupee, is falling; investment is down; inflation is rising; and deficits are eating away at government coffers. While short-term growth has slowed but not ground to a halt, India's problems have dampened hopes that it, along with China and other non-Western economies,...

-The Hindustan Times In a first sign of dissent within the UPA government over the recent Rs. 7 hike in petrol prices, defence minister AK Antony on Tuesday said it was “not a correct step”. Antony's remarks came soon after he landed at Neyyattinkara in Kerala to campaign for Congress candidate R Selvaraj for the June 2 assembly by-elections. “The hike in petrol price was not a correct step. The oil companies should...