Steelmakers and mine owners, reeling under a ban on mining in Karnataka, are keeping their fingers crossed about the Supreme Court hearing scheduled on Friday. The uncertainty in iron ore and the resultant rise in ore prices have led the steel industry to actively consider an upward revision in prices, just days after most companies mentioned of keeping product price levels unchanged. "Iron ore spot prices have been rising by $1-2 daily...

-IANS   The Comptroller and Auditor General's (CAG) report on irregularities in the October 2010 Commonwealth Games will be tabled in Parliament on Friday, according to the business listed for the two houses. The report, which has already caused much uproar after being leaked to the media, is expected to point fingers at Delhi chief minister Sheila Dikshit and even the Prime Minister's Office (PMO). Opposition parties have been raising the matter and are...

-The Times of India   Defending the Congress's stand of keeping the Prime Minister's Office out of the ambit of the Lokpal, PM Manmohan Singh on Sunday said the move was not considered advisable and a decision had been taken keeping all factors into account. This is the first time Singh has come out openly in favour of keeping the PMO out of the Lokpal's ambit. Incidentally, Singh had been overruled by...

Jharkhand is viewing with serious concern Mamata Banerjee government’s peace initiatives with Maoists in neighbouring Bengal, the apprehensions centred around a prevalent lull in anti-rebel operations that could lead to repercussions in a state that the Union home minister described as the epicentre of left wing extremism. State DGP G.S. Rath believes the developments in Bengal, where peace moves have meant that anti-rebel operations have been reduced to routine patrolling by...

-The Indian Express   Chief Minister Raman Singh has said the Cabinet has approved the “Chhattisgarh Auxiliary Armed Police Force Ordinance 2011”, and added that the report has been sent to the governor for his assent. Stating that the new force is being raised keeping in mind Special Police Officers (SPOs), local tribals, who are engaged in anti-Maoist operations, Singh said over 5,000 SPOs will be inducted into the unit, which will...