-The Hindu Building ‘capitalism with Indian characteristics’ means decisions cannot ignore concerns of voters and communities As the economy slows down and the rupee wilts, Manmohan Singh has bitten the ‘reforms’ bullet with both eyes on the credit rating agencies whose negative reports have done much to dampen the ‘animal spirits’ of investors, foreign and native. Last November, when the Congress party made a push to introduce foreign direct investment in multi-brand retail,...

-Live Mint/ The Wall Street Journal Contributions more than doubled between 2004 and 2009 polls; experts say published figures just tip of the iceberg  Contributions, including money from top companies, to the country’s two largest political parties, the Congress and the Bharatiya Janata Party (BJP), more than doubled between the 2004 and 2009 general elections. This revelation affirms a trend of companies, most of which are listed, opting for a transparent route to...

-IANS Gali Janardhana Reddy, a struggling businessman who became a billionaire in less than a decade and dictated terms to BJP in Karnataka, completes a year behind bars Sep 5 on charges of illegal mining. The former Karnataka BJP minister, however, continues to make news -- for wrong reasons though, like cash-for-bail deal which has sent his brother Gali Somashekara, a Bharatiya Janata Party (BJP) legislator, also to jail. The third Reddy brother...

-The Hindu ‘Competitive bidding would favour private players, give rise to monopolies’ Even as the controversy over the Comptroller and Auditor-General’s (CAG) report on coal blocks allocation that reportedly caused a loss of Rs. 1.86 lakh crore to the national exchequer rages, the Communist Party of India (Marxist) has said coal allocations and mining, in future, should be done through the public sector. In an article in party organ People’s Democracy, party general...

-Live Mint Cabinet refers land acquisition Bill to GoM to resolve differences after five ministers express apprehensions Differences within the Union cabinet have nixed the plans of the Congress-led United Progressive Alliance (UPA) to fast-track a new legislation for land acquisition and compensation, widely seen as a key measure to spur investment in the economy. Consequently, the cabinet on Tuesday referred the controversial land acquisition Bill to a ministerial group (a so-called group...