-The Indian Express India faces no risk of violating its commitments under WTO The Indian delegation, led by commerce minister Anand Sharma, is approaching the WTO Ministerial in Bali with a ‘begging bowl'. The government has agreed to the so-called ‘peace clause'-a euphemism for not taking any penal action for violating commitments under Agreement on Agriculture (AoA)-proposed by WTO Director General but with the caveat that this will remain in place until...

-The Times of India LUCKNOW: A day after sugarcane farmer Satyapal Singh killed himself in Bastauli village of Lakhimpur Kheri, around 200 villagers stormed into the compound of Balrampur Sugar Mill's Buleria unit, protesting against the non-payment of cane arrears. The farmers, who said they intended to cremate Singh's body at the gates of the sugar mill, also vandalised the factory compound, looted the canteen and beat up the mill's chief security...

-PTI Soaring inflation, high fuel cost, rising cost of education and health insurance premiums have eroded the real incomes of middle-class Indian families, with household savings rates dropping by a staggering 40 per cent in the last three years, says an Assocham survey. "Poor households are unable to maintain the consumption levels at current prices while middle income families find their purchasing power erode fast, thus having far less surplus money," Assocham...

-The Business Standard Changing aspirations and strong rural demand could explain why core inflation may not decline fast enough Recently, the Reserve Bank of India governor exuded confidence that the Indian economy will do fairly better in the current fiscal. While it is difficult to envisage a significant turnaround, we believe interpreting the recent inflation uptick may be the key to such optimism. We also think that inflation (both wholesale and retail)...

-The Indian Express New Delhi: At least 33 private hospitals in Delhi have been sent letters for recovery of retrospective penalty - from the time land was allotted to them - for not meeting norms related to free treatment of the economically weaker section and for amassing "unwarranted profits". The letters have been sent by the Delhi government which hopes to recover more than Rs 1,500 crore in penalty from these hospitals....