-The Hindu Business Line    The President of Confederation of Indian Industry (CII), Mr B. Muthuraman, on Thursday said that the Land Acquisition, Rehabilitation and Resettlement Bill, 2011, would cause a five-fold increase in land prices to the industry. “No industry will be able to afford that,” he said in an interaction with journalists, on the sidelines of a conference on the theme “Tamil Nadu: Vision 2025”. The Bill is expected to be presented...

In what could dramatically alter economic activity in almost 45 districts across five states - Gujarat, Maharashtra, Karnataka, Kerala, Tamil Nadu - and the entire state of Goa, a panel of the Union environment ministry has recommended that mining and industrial growth be banned in more than 80 revenue blocks and strictly regulated in another 75-odd revenue blocks or talukas.  It also recommended a large set of regulations on other aspects...

-The Times of India Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the...

-Reuters The Congress party trailed in fourth place as vote counting neared its end in Uttar Pradesh on Tuesday, a bitter election blow to Rahul Gandhi who had staked his political future on reviving his party's fortunes in the state. Gandhi, scion of the Nehru-Gandhi dynasty that ruled India for most of its 65 years of independence, had campaigned tirelessly to revive his party in the politically crucial state where it has...

Even legislation championed by Sonia Gandhi can get stuck in bureaucratic limbo—witness the fate of amendments that needed to be made quickly to a law that seeks to safeguard the rights of tribals. The combined backing of the National Advisory Council (NAC), headed by Congress president Gandhi, and the political leadership of the United Progressive Alliance (UPA) government hasn’t been enough to put in place new guidelines meant to remove the...