-The Hindu   SIT says 2004 killing of Ishrat by Gujarat police was staged A Special Investigation Team appointed by the Gujarat High Court has concluded that the sensational Ishrat Jahan encounter of June 15, 2004 — in which the Ahmedabad police claimed they shot dead four Lashkar-e-Taiba terrorists on a mission to assassinate Narendra Modi — was entirely staged and the teenaged girl from Maharashtra and the three men who died with...

-India Today   Rural Development Minister Jairam Ramesh's pet land acquisition, rehabilitation and resettlement Bill, 2011 has run into major roadblocks in the parliamentary standing committee. Various stakeholders, including farmers' organisations, NGOs and legal experts contend that in its present form, the Bill is an empty shell that exempts 90 per cent major development projects - highways, nuclear plants, mines, SEZs et al-in the name of which, land is being acquired across...

-The Economic Times   The cabinet will shortly consider a proposal to allow 51% foreign direct investment (FDI) in multi-brand retail, as the government finally musters the will to implement the controversial policy measure that has been stalled for years. The commerce and industry ministry has prepared a note for the cabinet to allow 51% FDI in multi-brand retail and increase the limit on single-brand retail to 100% from the current 51%....

-The Economic Times   The Congress-led government has tried to reach out to Other Backward Communities (OBCs) by drastically relaxing the definition of 'creamy layer' and including those with an annual income of Rs 12 lakh in Metros eligible for job reservations. The eligibility level in non-Metros will be an annual income of Rs 9 lakh.  The existing ceiling for this is an annual income of 4.5 lakh. The National Commission for Backward...

The spurt in farm credit by commercial banks, including regional rural banks, has interestingly not led to any let-up in distress in the agrarian economy -- a mystery that continues to baffle academics, policy planners and, more recently, bankers Last week, a clutch of bankers and policy wonks gathered in Bangalore to review recent trends in farm credit. On the face of it, credit to the farm sector is on an...