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Protest against petrol price hike: Nation-wide bandh evokes mixed response

-The Economic Times The Left and the Right came together on Thursday to protest against the steepest petrol price hike, even as the government accused the opposition of unnecessarily politicising the issue. The nation-wide bandh evoked a mixed response, with incidents of violence being reported from Maharashtra, Karnataka and West Bengal. BJP and Left leaders courted arrest in several states. Activists targeted commercial establishments that refused to down shutters. In Delhi, the bandh...

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CVC asks CBI to look into coalgate amid Anna-PM spat

-The Times of India The Central Vigilance Commission has asked the CBI to examine a complaint about alleged losses suffered by the public exchequer in the allocation of coal blocks between 2006 and 2009, in what can potentially be fodder for civil society as well as the opposition seeking to attack the government over Coalgate. Although the complaint of BJP MPs Prakash Javadekar and Hansraj Ahir was forwarded by the CVC to...

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GoM gives green signal to Chhatrasal, Mahan coal blocks

-The Economic Times The government has removed roadblocks to coal mining by leading business houses and taken the first step to relax scrutiny of corporate expenditure on oil and gas fields, in a burst of action that has cheered investors and industrialists in the languishing energy sector. A group of ministers recommended to the cabinet on Wednesday that Reliance Power's Chhatrasal block, which is attached to the 4,000 mw Sasan Ultra Mega...

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With slowing growth, people are now questioning the long-term Indian story

-The New York Times India's coalition government just celebrated the third anniversary of its tenure with a self-congratulatory banquet that could not have been more poorly timed: India's currency, the rupee, is falling; investment is down; inflation is rising; and deficits are eating away at government coffers. While short-term growth has slowed but not ground to a halt, India's problems have dampened hopes that it, along with China and other non-Western economies,...

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Will quit if coalgate charges against me are proved: PM manmohan singh-Sachin Parashar

ON BOARD PM'S AIRCRAFT: An emotional Prime Minister manmohan singh on Tuesday hit back at Team Anna's allegation of corruption against him in coal block allotments, saying he would give up public life if charges levelled by the activists were proved. "I will give up my public life even if there is an iota of truth in allegations levelled against me, and the country can give me my punishment. My long...

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