-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,...

-The Indian Express On FDI in retail, BJP and CPM positions range from inconsistent to obstructionist The responses of the major political formations to economic reform seem to be situational. They champion investments and market-friendly measures when they are in office. When in the opposition, they take to the streets to oppose it. Shaken and stirred by the big bang of Manmohanomics 2.0, the Left and the Right plan to launch protests...

-The Business Standard SC's order on trial coverage is prone to misuse The Supreme Court has ruled that if publishing news concerning a trial creates “a real and substantial risk of prejudice to the proper administration of justice or to the fairness of trial”, the court could allow a postponement of its publication through an appropriate order. The order was passed on complaints that had alleged breach of confidentiality during the...

-IPS News World Water Week recently concluded in Stockholm with a special emphasis on the linkages between water and food security. From the worst drought in 56 years in the United States Midwest, to the Karnataka’s drought in India, to the protracted drought in the Sahel region of West Africa, we have also seen how in our globalised world the nexus between lack of water and food security in one corner of...

-The Economic Times While India frets about coal block allocations, massive policy failures have hit people where it hurts most: the stomach. While granaries are overflowing and sugar piling up, one would have expected the prices of sugar and flour to fall, or remain stable. Instead, since mid-July, wheat prices are up 20% across the country and flour prices have also shot up. For sugar, whose prices are up 12% from mid-July,...