-The Telegraph Shillong: Meghalaya police, along with the South Garo Hills district administration, have mounted rescue operations to try and save 15 labourers trapped inside a coal mine close to Nangalbibra since last week. According to information received from South Garo Hills, 15 labourers are still trapped inside the mine at Nengkol in the Rongsa Awe area of Nangalbibra region since Friday afternoon. The chances of their survival appear grim. Baghmara, the district...

-The Times of India   The Supreme Court on Tuesday agreed that the government had reasons to doubt its verdict laying down auction as the only way of allocating natural resources, in what is seen as an indication of a significant judicial rethink.  "On cancellation of spectrum licences allotted without following a transparent system, there is no doubt about its correctness. But if one reads the judgment to mean that auction must be...

-The Times of India India's official unemployment rate was 3.8% for the last year and higher for urban than rural areas according to statistics released by the Labour Bureau on Tuesday. Goa, Kerala Bihar and West Bengal were among the states with high unemployment while Gujarat, Chhattisgarh, Rajasthan and Punjab were among the states with low unemployment. The 'Second Annual Employment and Unemployment Survey 2011-12', conducted by the Union Ministry of Labour...

-The Hindu Unsustainable import competition and the end of the investment subsidy that the sale of under-priced resources provided to Indian companies are the main reasons why the economy has slowed down What has been called the ‘golden age’ of India’s economic growth was underpinned by global integration, high rates of investment and savings growth and low current account deficits. The slowdown is characterised by a sharp deceleration in investment growth on...

-The Economic Times Special Economic Zones will need to fulfill provisions of the proposed Land Acquisition and Rehabilitation and Resettlement Bill, if the rural development ministry has its way.  The draft bill, currently being circulated for inter-ministerial consultation, does not exempt land acquired under the Special Economic Zones Act, 2005, Works of Defence Act, 1903, and Cantonments Act, 2006, from adhering to the acquisition, rehabilitation and resettlement provisions of the proposed legislation.  Acquisition...