The government plans to hike diesel prices by up to Rs 3 a litre soon after the assembly elections in five states are over next week, while an equivalent steep increase in petrol rates is also on card. "An Empowered Group of Ministers (EGoM) headed by finance minister Pranab Mukherjee is scheduled to meet on May 11 to mull on a hike in diesel prices," a top government official, refusing to...

Free speech advocates and Internet users are protesting new Indian regulations restricting Web content that, among other things, can be considered "disparaging," "harassing," "blasphemous" or "hateful." The new rules, quietly issued by the country's Department of Information Technology earlier this month and only now attracting attention, allow officials and private citizens to demand that Internet sites and service providers remove content they consider objectionable on the basis of a long list...

The National Alliance of People's Movement, representing several civil society groups, on Monday sought a “complete ban” on the use and manufacture of the controversial toxic agri-chemical Endosulfan. “The deadly pesticide is banned by 81 countries and by the Kerala and Karnataka governments, yet it doesn't seem to be reason enough for the Centre to ban it all over the country. Since 1976, continued aerial spray of Endosulfan has led close...

The government may approve acquisitions of local drugmakers by global firms on a case-by-case basis on certain conditions to ensure availability of medicines at affordable prices, despite calls for restrictions on such deals in the wake of a spate of takeovers in the last three years. Multinationals may have to move buyout proposals through the Foreign Investment Promotion Board (FIPB), allowing the government to understand the firm's rationale for buying a...

A transparent assessment of the costs and risks associated with India's ambitious nuclear plans must be made before any ground is broken at Jaitapur or elsewhere. You really have to hand it to the nuclear industry. In any other sphere of the economy, a major industrial disaster is likely to have adverse, long-term financial consequences for the company or companies whose product or activity was involved in the accident, regardless of...