-The Economic Times The crisis of the euro, a current account deficit of over 4%, double-digit inflation, corruption in governance and a failing political system. It would not be unfair to say that these factors have combined in varying degrees at different times to lead to the conclusion that the globally-acclaimed India growth story seems to be heading for an unhappy ending. Many have labelled this - unfairly, I think - as...
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Congress raises Rs 1,662 crore in 5 years, BJP Rs 852 crore-Pradeep Thakur
-The Times of India India's GDP growth rate may have dropped in the past few years but that has had little impact on the bottomlines of the country's leading political parties. The coffers of the main parties have been swelling, with the richest amongst them, the ruling Congress, having made a cool Rs 1,662 crore in the last five years till 2011-12 and the BJP in second place with Rs 852...
More »A step away from corruption is anarchy-Shanti Bhushan
-The Hindu Most people remain at the mercy of a venal administration that, encouraged by the absence of an independent watchdog, exploits them relentlessly The state of affairs in the country is characterised by rampant corruption at all levels leading to a breakdown in the rule of law and lack of accountability all around. One can say that there is a complete collapse of governance in the country. Something drastic needs to...
More »When politicians own the media-Vanita Kohli-Khandekar
-The Business Standard A cursory analysis of news channels shows that roughly one-third are just political vehicles or peddle influence for builders Last month the ministry of information and broadcasting decided to extend the June 30 deadline to digitise TV homes in the four metros. The new deadline is October 31. There are various reasons for the delay (“Digitisation delay is not a good sign”, June 22). The biggest, however, is cable...
More »Petrol cheaper by Rs. 2.46, price may be slashed further
-The Hindustan Times Following a steep fall in global crude oil prices, the oil marketing companies have slashed petrol prices by Rs. 2.46 to Rs. 3.22 a litre — the second reduction this month — from Thursday midnight. Now, petrol in Delhi will cost Rs. 67.78 a litre — down by Rs. 2.46 — from Rs. 70.24 a litre. In Mumbai, the price will come down by Rs. 3.10 to Rs. 73.35...
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