The CBI search at V K Sibal's residence on Friday is likely to bring into the open a number of controversies that have surrounded the office of the directorate general of hydrocarbons (DGH) and the ministry of petroleum and natural gas in the two tenures of the UPA government. The searches were a tipping point in allegations against Sibal, a former director general of hydrocarbons whose tenure started in 2004 under...

-The Business Standard   Political rhetoric dominated the Federation of Indian Chambers of Commerce and Industry (Ficci) annual executive committee meet today, even as two key faces of Mamata Banerjee’s administration reiterated the government’s stance of not acquiring land for industry. “Under no circumstances will the government acquire land for the industry,” Partha Chatterjee, West Bengal’s commerce and industries minister told the industry body. Also present at the event was state’s finance...

Jean Dreze, until recently the intellectual driving force behind the National Advisory Council , is measured but unmistakable in his disenchantment with many current UPA welfare schemes. The economist who quit the Sonia Gandhi-led NAC in late June, won't comment on whether the UPA government has failed the NAC. But, he tells Ullekh NP, there's not enough empathy in the Indian establishment for the poor. Programmes like NREGA, he says, attract...

People who play doctor or heed quackery are biting off more than they can chew Whenever a patient with bleeding in the stomach or a child whose fever has not subsided in a week is admitted into Sasaram-based physician B.B. Singh’s clinic, he immediately knows that it’s a case of self-medication. “At least 40-50 per cent of my patients have either had sleeping pills, or antibiotics, or painkillers without a...

As bank gears up for competition, it may further dilute environmental safeguard policies WITH financial institutions of emerging economies like India and China getting big time into development lending, the World Bank plans reforms to attract its borrowing countries. Some of the important plans are to disburse loans faster and on flexible terms. Bank watchers and civil society groups say the reforms, expected to be in force by the year-end, would...