-Outlook People should cut use of power if they cannot afford high electricity tariff, Delhi Chief Minister Sheila Dikshit said today, a prescription that evoked criticism. Under attack for the hike in power tariff, Dikshit also sought to justify it, saying the increase in cost of power production has led to the rise in electricity rates. Stating that the consumers will have to pay if they want round-the-clock electricity supply, Dikshit went on...

-Live Mint Former Irda chief spells out the problems with regulating the insurance sector in an interview Regulators are sometimes not too keen on laying down the law because they may be too close to the industry that they are charged with making sure is complying with rules, said J. Hari Narayan, who stepped down on Wednesday as chairman of the Insurance Regulatory and Development Authority (Irda).   “There is a lot going on...

-PTI Financial performance of the states with relation to indicators of debt servicing such as debt as a proportion to revenue receipts and gross state domestic product (GSDP) has improved between 2009-10 and 2011-12, says an Icra report. While states like Kerala, Gujarat, Punjab, Rajasthan and West Bengal remain relatively more indebted, Karnataka, Odisha and Chhattisgarh have displayed a superior performance in 2011-12 in terms of their debt relative to revenue receipts. Chhattisgarh,...

-The Hindu Thanks to manufactured debates on TV, there is no time for irony and nuance nor are we able to distinguish between a charlatan and an academician Now that the Supreme Court has provided some sort of relief against harassment to Professor Ashis Nandy, it has become incumbent upon all liberal voices to ponder over the processes and arguments that combined to ensure that an eminent scholar had to slink out...

-The Times of India Aam Aadmi Party has Delhi CM Sheila Dikshit in its crosshairs again, promising to expose on Friday how the Delhi government consistently "favoured" private power distribution companies at the expense of the public. Arvind Kejriwal and Prashant Bhushan announced on Thursday that they would expose "connivance" between Dikshit and the electricity companies. The offensive against Delhi government is not new and, in fact, marks the end of a...