Move to form body with 50 governments to oversee Internet governance The raging controversy over excessive state regulation of the Internet based on the IT Rules 2011 is now likely to be dwarfed by discussions in Geneva later this week on India's proposal to the United Nations General Assembly for government control of the Internet. Led by the Commission on Science and Technology for Development, the Geneva meet is a multi-stakeholder discussion...

Inflation in India rose above expectations in April, making life difficult for the nation's central bank as it tries to revive an economy facing increased stagflation risks. The Reserve Bank of India last month cut its policy rate for the first time in three years to boost sagging growth. But inflation has remained stubbornly high, raising concerns the economy may be facing a nightmare scenario of slowing growth and rising prices. On...

-The Indian Express India's wholesale price inflation accelerated 7.23% in April, compared with 6.89% in the previous month, as food and manufactured items turned dearer, heaping pressure on the central bank against any dovish approach to monetary easing despite shrinking economic activity. The government has revised up the inflation figure for February to 7.36% from 6.95% estimated earlier, according to the data released by the industry ministry on Monday. Prices of food articles...

-The Hindustan Times In April, after yet another story of maid abuse came out in the open, a news magazine ran a cover story titled, ‘The new slaves’. While many would cringe at the thought of equating domestic workers with slaves, unfortunately that is exactly how many families treat their domestic help, taking advantage of a crowded labour market, lack of a credible support system for the help, weak implementation of...

-The Economic Times Grain stocks with state agencies are likely to cross 75 million tonnes some time in June 2012, while covered capacity to store is less than 50 million tonnes. The rest would be under CAP (with pucca or even kachcha plinths) exposed to potential large-scale damage. An early and rational policy decision is required to reduce the stocks by at least 7-10 million tonnes to avoid high costs of...