-Live Mint The International Monetary fund (IMF) has warned India against LICensing corporate entities to step into the business of commercial banking, saying the risks associated with such a move potentially outweigh the benefits of creating more banks. IMF’s Financial System Stability Assessment Update said it would be prudent for India to first put in place and gain sufficient experience in implementing a comprehensive framework for the purpose before considering the entry...

-The Economic Times Come February 4 and all eateries in the country-from restaurant chains such as KFC and McDonalds to restaurants within hotels like Bukhara and Swagath to even school canteens and corporate cafeterias-will need a 'food business operator' LICence from central food authority Food Safety and Standards Authority of India to operate. The authority plans to randomly check food joints across the country after the February 4 deadline for obtaining the...

-Outlook Mediapersons, legal experts and civil society have suggested the setting up of a constitutionally mandated regulator to check "misuse and abuse" of the media in the country. Some discussants also suggested establishing a consultative group for norms, conduct and ethics to monitor implementation by the media and to facilitate greater degree of coordination between government, media business and civil society. They were speaking at a conference on "Media Regulation: Is Status Quo...

-The Indian Express Bhopal: In a possible first in India, a Gwalior transport officer has cancelled the driving LICence of a man convicted of raping a schoolgirl after abducting her in his vehicle in April 2012. The state transport department said from now on LICences of people accused of rape using a motor vehicle would be suspended as soon as a chargesheet is filed, and cancelled permanently upon conviction. LICences could be...

-Pratirodh.com If Year 2012 earned the sobriquet of “Year of Scams’ due to serial expose of “super social cop” Arvind Kejeriwal, and the year-end tragic death of girl in Delhi gang rape case reminded us about the most ugly manifestation of ‘RepubLIC of Patriarchy’ in India, Year 2013 promises to be a game changer for the fortunes of welfare state in India as well as political fortunes of UPA-2.   If Narendra Modi,...