-Reuters India’s efforts to clamp down on illegal mining have handed a $15 billion lifeline to global iron ore giants, and there could be more to come. Steps taken by central and state authorities to clean up the mining and export of iron ore have shut down output in two key producing states, slashing shipments and forcing steel mills to import a raw material the country has in abundance. Now the Shah Commission,...

-PTI Industry body Ficci today said the government should relook at certain clauses of the proposed Land Acquisition Bill such as role of state governments and the entitlements for the private sector, prior to placing it before the Cabinet. Group of Ministers on Land Acquisition Bill, headed by Agricultural Minister Sharad Pawar, had approved the proposed legislation with changes last month. In a letter to Pawar, Ficci President R V Kanoria said state...

-The Hindu On the face of it, paid news may seem no more than advertising camouflaged as reports or editorials. Naveen Jindal’s shocking ‘reverse sting’ — aimed at exposing how two editors of the Zee network attempted to cut a shady deal with his company — shows that it can be much worse than this. It is a reminder of how easily the culture of paid news can lead, ineluctably, towards...

-The HIndu In what’s being called a reverse sting, Jindal Steel and Power Ltd (JSPL) chairman Naveen Jindal has released video recordings which allegedly show Zee editors trying to extort Rs. 100 crore in return for the channel not airing damaging stories on coal block allocations involving his company. In a counter-offensive, Zee claims that it was JSPL which offered to pay the channel. At a dramatic press conference on Thursday, Mr. Jindal,...

-The Hindustan Times India's ailing economy has found a new scapegoat - environment and forests. For most things that go wrong these days, from power shortage to slow growth, the blame is tossed at the door of the ministry of environment and forests (MoEF), the paradigm being that forests, wildlife and green laws are hurdles to development. So much so, that a Group of Ministers established to 'rationalise' coal mining in forests...