TARN TARAN, India—India's northern state of Punjab was once a symbol of the nation's economic progress, its advances in agriculture lauded world-wide as a spectacular feat that made India self-sufficient in food production. But Punjab today faces a grave economic crisis, the result of years of shoddy governance that have stunted growth and created such a mound of public debt that the state is now seeking a multibillion dollar bailout from...

-The Hindu   Whatever the intention behind them, the new rules framed last month under the Information Technology Act, 2000 are likely to have a chilling effect on the development of the Internet as a medium of communication and information in India. Apart from the unreasonable Restrictions on free speech they envisage, the rules raise serious concerns about the privacy of a citizen's personal information, including medical profile, financial position, and...

-The Business Standard   Union finance minister Pranab Mukherjee was being economical with the truth when he said that last Saturday’s petrol price hike decision was entirely that of oil marketing companies (OMCs). True, the government correctly but belatedly deregulated petrol pricing several months ago, but it is clear that despite a sharp increase in global crude oil prices in the past six months, the OMCs Restrained themselves from increasing domestic...

-The Economic Times   India's grain bins are overflowing and the forecast for a normal monsoon promises another bumper crop, but political disagreement over a bill to secure food rights for the poor means the country is expected to steer clear of large-scale exports. Shipments from the world's second-biggest producer of wheat, sugar and rice could come as a relief for governments across Asia who are trying to combat food-led inflation,...

‘More information is always better than no information' Amnesty International on Thursday condemned attempts by American authorities to prosecute WikilLeaks founder Julian Assange describing it as a bid to “stifle” free speech in the name of national security. “National security should not be used to stifle freedom of speech except in very Restricted circumstances where there is clear evidence that there is a genuine threat to national security. We are committed...