-Business Standard NC Saxena, former member of the Planning Commission and National Advisory Council has been critical of the land acquisition, rehabilitation and resettlement Act. He tells Kanika Datta why things are unlikely to improve with the amendments recently passed by the Lok Sabha. Edited excerpts: * You were critical of the LARR Act but less so of the ordinance. Why? Let me clarify. The 2013 Act was anti-farmer and anti-industry. The ordinance...

-The Hindu Common Cause, the NGO whose PIL plea led to the cancellation of coal block allocations, moved the Supreme Court on Wednesday accusing Aditya Birla group of hawala transactions, money laundering and bribery and sought a CBI and Enforcement Directorate probe. The application filed by advocate Prashant Bhushan for the NGO cited how coal extracted from a captive block allocated to the Sasan ultra mega power project was allowed to be...

-The Times of India NEW DELHI: The Delhi high court on Thursday quashed the lookout circular issued against Greenpeace activist Priya Pillai. The high court also directed the authorities to expunge endorsements made while offloading Pillai from a flight to London by immigration officials on January 11. The court had reserved the order in the case on February 19. Pillai had objected to the government's move of offloading her when she was on her...

-Business Standard The debate over the land ordinance is best located in facts, not hyperbole Somewhat like the winter chill, the season of convenient mythologies continues to hold Delhi in its lingering grip. The latest manifestation is the spat over land acquisition, rendered additionally bewildering by the expedient of the Treasury and Opposition benches having swapped sides between the time the United Progressive Alliance (UPA)'s much derided land Act was passed...

-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...