India Inc. was aghast at the recent report of a parliamentary committee that recommended that a new draft land acquiSITion law limit occasions when the government may intervene to acquire land for use by private firms. But in a paper published in the Economic and Political Weekly last month, Delhi UniverSITy economics professor Ram Singh laid out data that supports the committee’s recommendations. Mr. Singh argues that government-driven land acquiSITion is generally...

If the government accepts oil minister S Jaipal Reddy's proposal, the price of small diesel cars could soon rise by Rs 1.7 lakh while medium-to-large guzzlers could become costlier by Rs 2.55 lakh a piece. The proposal to impose additional excise duty on diesel cars is bound to trigger protests from automakers, who have seen sales growing at the slowest pace in seven months in May. Domestic car sales declined 24%...

-The Hindu Says it is well protected from tsunami or other natural disasters The Kudankulam Nuclear Power Project is well protected from tsunami or other natural disasters, the Centre submitted before the Madras High Court on Tuesday. It made the submission while the First Bench of Chief Justice M.Y. Eqbal and Justice T.S. Sivagnanam was hearing a batch of petitions seeking various reliefs, including a direction to the Union government and others to...

The ASCI report says there is ample evidence of “market dominance” in specific media markets, but the government has ignored the report for three years. A ministry official tells PARANJOY GUHA THAKURTA that it is unlikely to be implemented. A report prepared by an independent institution recommending impoSITion of cross-media ownership restrictions recently entered the public domain nearly three years after it was submitted,  following a rebuke to the government by...

RANWAN, India — In this north Indian village, workers recently dismantled stacks of burned and mildewed rice while flies swarmed nearby over spoiled wheat. Local residents said the rice crop had been SITting along the side of a highway for several years and was now being sent to a distillery to be turned into liquor. Just 180 miles to the south, in a slum on the outskirts of New Delhi, Leela...