Stir over lease to Dharmana Prasada Rao's family takes a violent turn An Assistant Director of the Mines Department, V. Koteswara Raju, was assaulted by tribals on the Kannedhara Hills near Seethampeta as the agitation against the mining lease granted to R&B Minister Dharmana Prasada Rao's family took a violent turn on Friday. Angry tribals beat up the official and tore his dress holding him responsible for granting the mining lease...

The class bias in government policy is clear in the decision to release a small amount of foodgrain in the open market to tackle inflation. MOST people would agree that there is a strong element of speculation underlying the current inflation and that forward trading contributes to it. Yet the government, though it has banned forward trading in certain commodities under public pressure, is curiously reluctant to see this point....

The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...

Don't let the cold winter this year blindside you to a contrary phenomenon that is creeping up upon us. Temperatures in India are set to get higher—higher than what the country has recorded in the past 130 years. The monsoon too is going to change; it will rain as much, perhaps higher, but in short, intense bursts, heightening the risk of floods and crop failure. These are some of the grim...

The finance ministry has ruled out a fresh tax amnesty scheme, saying that no such proposal was on the table. Ministry officials told Parliament's Standing Committee on Thursday that the issue of a new tax amnesty has not even been discussed, scotching the speculation suggesting that one was being mulled. The officials said that they did not know how this started. Members of the Standing Committee asked the government to use India's...