The audited balance sheets of the six largest political parties in India are hard to get and harder to decipher: they hide more than they reveal but are nonetheless worth close examination. Between them, the Congress, BJP, BSP, SP, NCP and CPM reported total income of Rs 1,046.76 crore for the year ending March 31, 2009. That was the year in which most of the funds for the 2009 Lok...

-The Hindu Haryana Chief Minister Bhupinder Singh Hooda on Tuesday urged representatives of Panchayati Raj Institutions (PRIs) to ensure best use of the funds allocated for the rural areas so that these areas could come up at par with urban areas. Mr. Hooda was addressing the sarpanches and other PRIs representatives who had converged at his residence here to thank him for devolution of powers to the panchayats. He said that his...

-The Business Standard   The latest controversy in the British media, triggered by unethical professional practices by journalists at Rupert Murdoch’s News of the World, holds important lessons for the Indian media, and not just because Mr Murdoch has a significant presence in India and seeks more. The most important lesson is that public policy must prevent the emergence of all powerful media moguls like Mr Murdoch. The extent of concentration in...

A Supreme Court bench comprising Justices Sudershan Reddy and Surinder Singh Nijjar passed orders in two politically sensitive cases this week.These orders have caused much controversy over the role of judiciary in constitutional cases. In the first of the two cases, Nandini Sundar v State of Chattisgarh, the judges held that the armed deployment of ill-trained, uneducated and poor tribal youths in combat operations against Naxals by appointing them as...

As we close in on 20 years of Manmohanomics, it's worth remembering one chant the chattering classes uttered, first with pride, later to console themselves. “Whatever you say, we have the most honest man in Dr. Manmohan Singh. And no one can speak a word against him.” It's less heard now — those affections having been transferred to other punters in the honesty sweepstakes. But growing numbers do say this...