PAC member N.K. Singh recuses himself from meetings to avoid conflict of interest Two editors, Vinod Mehta of Outlook and Manu Joseph of Open magazine, told the Public Accounts Committee of Parliament on Monday it was their journalistic duty to place in the public domain the transcripts of tapped conversations between corporate lobbyist Niira Radia and others which had a direct bearing on the 2G spectrum allocation scandal. After the meeting, PAC...

Amendment is aimed at ‘intermediaries,' but it will end up targeting bloggers The draft proposal to amend the Indian IT Act so as to impose restrictions on intermediaries has provoked a huge outcry in the country, especially among its vocal bloggers. While the proposed rules seek to control the ‘intermediaries' such as telecom networks, web-hosting sites and Internet service providers, search engines, online payment, cyber cafes and auction sites, it is the...

The policy is to promote specific high-value segments within agriculture, where corporate houses have major profit interests. A COMMON compliment that Pranab Mukherjee's Union Budget for 2011-12 received from the media was its proclaimed “friendliness” to agriculture and rural areas. It was not just the media; members of India Inc. welcomed the Budget as “focussed” on agriculture. However, a close look at the Budget estimates reveals a different picture. Public...

Sixty-three persons, including promoters and CEOs of 10 telecom firms have come under its scanner in the 2G spectrum case, the CBI on Tuesday told the Supreme Court which expressed satisfaction over the ongoing probe. The central government, which is also party to the case, informed a bench of justices G S Singhvi and A K Ganguly that it is in favour of setting up a special court to try...

Union Finance Minister Pranab Mukherjee presented Budget 2011-12 in Parliament on Monday promising to stimulate growth and bring down inflation. Admitting that food inflation remains a matter of concern, Pranab said that the economy could have performed better. He said that the development needs to be more inclusive while announcing increased outlay on social sector schemes. "Total food inflation is down from 20.2 per cent last year to 9.3 per cent...