-The Hindu   The Communist Party of India (Marxist) on Thursday refuted the “specious explanations” on inflation given by Finance Minister Pranab Mukherjee saying his statement hid the government's failure to check price rise. Reacting to his November 22 suo motu statement in Parliament, the CPI(M) Polit Bureau said: “It is nothing but an exercise in deception to conceal the utter failure of the UPA government in checking the relentless price rise.” While referring...

-Globe and Mail Sister Valsa John wanted to go home. Living in self-imposed exile hundreds of kilometres away, she pined for the hut in an aboriginal village where she had built a life. She talked about the people she loved there, and the quiet of the nights. Then she added, in a voice both wistful and matter-of-fact: “If I go home, most probably they will kill me.” They did kill her. In...

Poor spending on NREGS by Maharashtra - only Rs351 crore out of Rs668 crore - can be seen in two ways. One, apathy towards the poor and carelessness, and two, less money spent means less money stolen. All employment schemes are seen as doles, work is faked, ghosts are paid and the bucks swallowed by the establishment - politicians to petty bureaucrats - with the poor guy in the boondocks...

-The Telegraph   Oil companies today announced the first cut in petrol prices since deregulation in June last year, citing global changes but gifting Mamata Banerjee a political victory. The petrol price will go down in Calcutta by Rs 2.31 a litre to Rs 70.84. “We had gained Rs 1.85 per litre, excluding all Taxes, since the last price revision because of a fall in global oil rates and a marginal appreciation in rupee...

Investigations say they have already mopped up a “massive amount” — running into “hundreds of crores” — as unpaid Taxes from among the 700 numbered bank accounts held by Indians in HSBC Bank in Geneva in the ongoing scrutiny of what is considered a sprawling black money trail. In fact, Rs 40 crore has been recovered from Delhi-based account holders and Rs 60 crore from just one account holder in Chennai...