-The Economic Times, The Cabinet has cleared a proposed Bill empowering the Reserve Bank of India (RBI) to regulate all microfinance institutions (MFIs). A central legislation makes sense only to the extent that it over-rides draconian state-level laws. However, the Bill suffers from many infirmities. And it is unfortunate that these have been overlooked. The law, if enacted, is likely to kill small MFIs and hurt the sector that is struggling...

Justice Markandey Katju's prescription for a regulated media regime is a misplaced step that can actually de-democratise the fourth estate. IT is open season on the political class and the news media. But then, again, it's more like a chase of one's own tail. A self-righteous, delusional, Anna-Baba NGO-ised fringe sets out to stigmatise politics and Members of Parliament; the news media salivate at the prospect and rush to provide...

-The Times of India India's space agency Isro bent rules for private firm Devas to sign a deal for multimedia services, projecting a paltry Rs 1,120 crore revenue over a 12-year period that would not even have covered the cost of launching two satellites for the promised service, the Comptroller and Auditor General (CAG) has said.  In a report submitted to Parliament on Tuesday, the official auditor gave the Prime Minister's Office...

RAJDEEP SARDESAI, one of the most visible faces of Indian news television today, is the Editor-in-Chief of IBN18 Network which includes CNN-IBN, IBN7 and Lokmat. He has made a name for himself in his 22 years of television journalism with his incisive political reporting of events such as the Gujarat carnage of 2002. As a television anchor, he is known for his signature conversational style. Sardesai has also served as...

By all outward appearances, the controversial Print and Electronic Media Standards and Regulation Bill, 2012, has been shelved. The Congress leadership has already distanced itself from the contents of the Bill, stating that it was solely advanced by Meenakshi Natarajan, the party's Lok Sabha member from Mandsaur in Madhya Pradesh. The first-time MP, who is a close aide of party general secretary Rahul Gandhi, refused to comment on the Bill...