-The Telegraph   Private hospitals in Delhi that received land at a concession from the government must honour their undertaking to treat poor patients free of charge, the Supreme Court today said in a verdict that can have an impact in other states too. The court allowed the hospitals to recoup the cost from private donors and sponsors or “by any other means”, which should include cross-subsidisation by raising rates for other patients. The...

The $12 billion Posco investment in India was supposed to be the biggest FDI project in the country. After six years that still remains on paper Horangineun jugeumyeon gajugeul namgigo, Sarameun jugeumyun ireumeul namginda (When tigers die, they leave behind leather. When people die, they leave their names behind) —Old Korean Proverb The news flash from Press Trust of India came on July 10, 2011. Posco, the $32 billion South Korean steel giant had decided to...

-The Times of India   In a brutal attack on Right to Information Act (RTI) activists, village elders of Gollalamamida in Pedapudi mandal in East Godavari district have imposed a 'social boycott' on three students, one of them visually challenged, for complaining against the local officers on their irregularities. The students ran away from the village and met police commissioner of Vijayawada N Madhusudan Reddy here on Wednesday seeking protection. He assured...

-The Times of India   The information on tax evaders and those who have stashed unaccounted money abroad has started trickling in, with the government admitting for the first time that total deposits of Indians in Swiss banks have come down by more than 50% in the last five years. The total liabilities of Swiss banks towards Indians have declined in the last five years. The deposits of Indians have come down from...

The Supreme Court has converted a high-powered committee of the Government of India, on the issue of black money, into an SIT under its own direction. This is an expression of no-confidence in the executive. The government’s intention in tackling either the problem of black economy or bringing back the black savings stashed abroad is suspect. According to reports, the money stashed abroad by the corrupt businessmen, politicians and others...