-The Financial Express Veerappa Moily says environment will be protected but won't be biased against industry. After Posco and Tawang, environment minister M Veerappa Moily has cleared the state-owned NHPC's 520 MW Teesta-IV hydro-electric project in Sikkim, thus having approved three big projects in three days, which were stuck despite having clearances from all other statutory and related bodies. Veerappa Moily, who approved the Teesta project on January 9, said at the Express...

-The Telegraph New Delhi: The Supreme Court today overruled the Centre and directed it to set up a national regulator to deal with the mandatory environmental impact assessment processes for forest-related projects that can range from mining to industrial ventures. The implications of such a watchdog for industry were not immediately clear in the absence of specific modalities but a clearance logjam blamed on the environment ministry was seen as one of...

-The Times of India MUMBAI: After Parliament's assent to the Lokpal Bill, India Inc has engaged legal eagles and consultants to examine its ramifications. At first glance, it appears that nothing much changes for the corporate sector, which is governed by anti-corruption legislations such as the Indian Penal Code or The Prevention of Corruption Act. Besides, as business is now global, anti-corruption laws of other countries also apply. Yet, with the bill...

-The Business Standard Policymaking in India is more often than not credited for its high nuisance value, rather than for positively aiding growth. Whether oil & gas, power, mining or any other core sector of the economy, government policy has frequently hampered rather than assisted the positive development of these industries. There is however one segment of the renewable energy space - solar power, that's vastly benefitted from concerted government action...

-The Times of India NEW DELHI: The Indian economy, Asia's third-largest, faces a difficult situation where growth has slowed to a decade low but price pressures have remained stubborn. It has one of the highest inflation rates in the world, and the highest in Asia. Weak growth and high inflation also complicated the policy choice for the central bank. Separate data released by the Central Statistics Office showed industrial output slumped 1.8%...