-PTI Pawar resigned after reports alleged his involvement in Rs 20,000 crore irrigation scam Maharashtra Governor K Sankarnarayanan today accepted the resignation of Deputy Chief Minister Ajit Pawar, who quit following reports about his alleged involvement in a Rs 20,000 crore irrigation scam. Maharashtra Chief Minister Prithviraj Chavan met the Governor this morning and handed over Pawar's resignation. "The Governor has accepted Ajit Pawar's resignation as recommended by the Chief Minister," a Raj...

-The Hindustan Times The UPA government, staging a comeback through economic reforms after months of being on the back foot, got another boost after the Supreme Court said that auction was not the only method allowed in allocating natural resources. Prime Minister Manmohan Singh's government has been rocked by criticism that it handed out telecom spectrum and coal fields at an alleged loss of Rs. 3.6 lakh crore to private players instead of...

-PTI Economic prosperity is fuelling food inflation in the country, Chief Economic Adviser Raghuram Rajan today said while making a case for increasing productivity to fight price rise. In his first media interaction after assuming charge, Rajan justified the diesel price hike saying there is a need to link domestic fuel prices with international rates to curb fiscal deficit. "One of the concerns of the last few years has been food inflation, which...

-Outlook Amid furore over FDI in multi-brand retail, the politicians and farmers in the leading agrarian state of Punjab are speaking in different voices over the issue. While Chief Minister Parkash Singh Badal said the concept may be successful in developed countries like USA, he feared that it may not work in this country. "If the FDI comes, big players will eat into the share of small traders and that will be against...

-The Times of India SRINAGAR: With the second killing of a sarpanch in a fortnight on Sunday by terrorists, the print media in the Valley, and particularly Urdu newspapers, published scores of advertisements from rattled panchayat chiefs on Tuesday announcing their resignations, in response to militants threats to quit or face the consequences. There were more than 50 such advertisements in Urdu newspapers with panchayat chiefs displaying their resignations. However, deputy commissioner...