-The Times of India MUMBAI: After Parliament's assent to the Lokpal Bill, India Inc has engaged legal eagles and consultants to examine its ramifications. At first glance, it appears that nothing much changes for the corporate sector, which is governed by anti-corruption legislations such as the Indian Penal Code or The Prevention of Corruption Act. Besides, as business is now global, anti-corruption laws of other countries also apply. Yet, with the bill...

-The Business Standard Deadline extended by three months to March 31 for submitting report After a push from the Prime Minister's Office (PMO), a committee headed by Planning Commission member Saumitra Chaudhuri seems to be giving its full attention in moving towards Producers Price Index (PPI) that will give accurate calculation of movement of inflation. To help the panel finish its task, the government has extended its deadline by...

-The Business Standard Intrastate inequality can only be corrected through reform of budgetary allocation formulae between districts within states The hoopla surrounding election results in India is reminiscent of nothing so much as a horse race ("...and X romps home the winner!"). The difference is that for the horse and its handlers, the work is done when the race is over. For the winners in the recent round of state elections,...

-The Hindu     The political executive and the permanent executive should realise they are public servants first and work in harmony to achieve the constitutional objectives There is a need to arrest the ‘laal batti' [red beacon] culture in public governance. The Supreme Court of India has been delivering a variety of judgments on matters of public governance, and these have been the subject of debate and discussion. Some of these related to...

-The Business Standard Inflationary figures could also desist RBI from easing its monetary stance to perk up economic growth The retail price index-based inflation jumped to an all-time high of 11.24%, driven by high vegetable prices, official data showed today. The inflation stood at 10.09% in October, entering double digits for the first time in six months. The surging prices of essential commodities were an important issue in the...