-Reuters India’s efforts to clamp down on illegal mining have handed a $15 billion lifeline to global iron ore giants, and there could be more to come. Steps taken by central and state authorities to clean up the mining and export of iron ore have shut down output in two key producing states, slashing shipments and forcing steel mills to import a raw material the country has in abundance. Now the Shah Commission,...

-Deccan Herald Say it is a bid to lure voters, cut subsidies The Left and civil society are up in the arms against Aadhar-based direct cash transfer scheme, arguing that it was aimed at luring voters with an eye on the 2014 elections. A day after the announcement of the details, the CPM, civil society organisations including the one led by Aruna Roy and Medha Patkar and newly formed Aam Aadmi Party, all...

-The Economic Times The Union Cabinet has okayed a new price-control formula for pharmaceuticals, which seeks to cap prices at the arithmetic average of all drugs with more than 1% market share in any therapeutic segment that is to be brought under price control. Given that the existing system of fixing prices of select drugs is on the basis of costs, which is rigid, intrusive and prone to manipulation as well,...

-The Indian Express India ranks 78th among 97 countries in guaranteeing access to all civil justice, a latest report released today said, while its neighbouring country Sri Lanka leads the South Asian nations in most dimensions of the rule of law. The 'Rule of Law Index 2012' report by World Justice Project's provides country-by-country scores and rankings for eight areas of the rule of law. India, the report said, has a robust system...

-The Economic Times Congress is hoping to reap political dividends from its move to provide direct cash transfer to the beneficiaries of welfare schemes just as it believes it did in the previous elections from the rural employment guarantee scheme. Rural development minister Jairam Ramesh, who, along with finance minister P Chidambaram, was deputed by the party to explain the details of the ambitious scheme on Tuesday, termed the initiative "a...