The government's auditor has accused Mukesh Ambani's Reliance Industries Ltd of violating terms of the contract for its showcase Andhra offshore acreage and expressed doubt over the costs at which India's biggest private sector oil company contracted goods and services for bringing the largest gas discovery into production. The Comptroller and Auditor General's final report on a special audit of Reliance's Krishna-Godavari basin fields, presented to Parliament on Thursday, also suggests...

-The Times of India   What prompted the Comptroller and Auditor General from not quantifying the losses to the exchequer in the KG Basin contract and Air India decisions may never be known. But from the way the federal auditor conducted itself on the day the reports were tabled one thing was clear-- there seems to be a rethink about the posture adopted by the constitutional authority in recent months. From its almost devil-may-care...

Team Anna both galvanised people and captivated the news industry, in two closely related but distinct strategies. India is not yet a society where Big Brother is Watching You. However, the mass spectacle of people wearing “I am Anna” topis and T-shirts signals a new phase of politics. If we recall “Anna” means Big Brother, we may wonder if in this case Big Brother is You, Watching. In the second case too,...

The Congress-led United Progressive Alliance (UPA) government on Wednesday introduced the politically crucial land acquisition Bill in the Lok Sabha, less than two months after the ministry of rural development began drafting it. The National Land Acquisition and Rehabilitation & Resettlement Bill, 2011, aims to address rehabilitation and resettlement (R&R) by providing safeguards for both landowners and livelihood losers while clearly defining the “public purpose” for which land can be acquired...

-IANS   Rural Development Minister Jairam Ramesh on Wednesday said the draft land acquisition Bill is a "political Bill which strikes a balance between social benefit and economic growth" and gave the "entire credit" for it to Congress general secretary Rahul Gandhi. Referring to the recent agitations over land acquisition in parts of Uttar Pradesh, Ramesh said Rahul Gandhi made "key contributions" in the draft Land Acquisition and Rehabilitation and Resettlement Bill,...