-Live Mint Government reaches near consensus as BJP agrees to support Bill in Parliament; industry not enthused by plan The government may be close to pulling off one of India's most significant policy changes with a near consensus among political parties on a new land acquisition law, taking the country to the verge of removing what's perceived as the biggest impediment to the next wave of industrialization. At the conclusion of an all-party...

-The Times of India A significant part of the Manmohan Singh government's political agenda for the 2014 election looks set to sail through Parliament with an all-party meeting on Thursday putting its seal of approval on a contentious bill on land acquisition that enhances compensation for farmers. The government countered criticism that the bill's provisions make land acquisition more time consuming while pushing up costs, but all major political parties seemed...

-Outlook Development activities including thermal power projects, mining and other polluting industries should not be allowed in a 60,000 sq km ecologically sensitive "natural landscape" of Western Ghats, a mountainous range that passes through six states, a Government panel said today. In its report, the 10-member high-level working group, headed by eminent scientist K Kasturirangan, has not recommended any regulatory mechanism for the remaining 96,000 sq km area of the Western...

-The Hindu Says potential and implications of shale gas policy need to be examined The government was all for creating a viable and competitive domestic production base and incentivise use of clean energy in the country, Deputy Chairman of the Planning Commission Montek Singh Ahluwalia said at the fourth Clean Energy Ministerial here on Wednesday. Efforts were on to encourage domestic production and usage. "We are interested in incentivising the use of...

-The Economic Times MUMBAI: The employees at ICICI Bank, HDFC Bank and Axis Bank may have violated know-your-customer norms and helped clients evade taxes, the Reserve Bank of India's investigation has found. "Banks opened current account based on power of attorney without KYC," ET Now reported citing people familiar with the report. "Banks gave cash advances for gold purchases", which is a violation of norms, it said. The central bank and the...