-The Telegraph The enormity of the real challenge before Manmohan Singh is far higher than that posed by Mamata Banerjee. A “perfect storm” is gathering around the economy, according to a Centre-commissioned report packed with suggestions for a series of tough measures that will affect daily life and test the government’s resolve to wade further into unpalatable waters. The report presented by the Vijay Kelkar panel, which was asked to suggest a road...

-The Times of India The government on Thursday seized upon Supreme Court's ruling that auctions are not mandatory for allocating natural resources as a validation of its stand against the comptroller and auditor general's (CAG) findings in the 2G spectrum and Coalgate cases. Talking to media after the verdict, telecom minister Kapil Sibal and law minister Salman Khurshid welcomed the judgment, suggesting it had vindicated the government's position. Sibal said all constitutional authorities...

-The Times of India A new scam worth several thousands of crores has come to light. The Central Bureau of Investigation has started a probe into serious irregularities in awarding offshore mining blocks to private companies which did not fulfill the eligibility criteria. The CBI has registered a preliminary enquiry (PE) against officials of the Indian Bureau of Mines (IBM), the ministry of mines as well as private companies which secured licences...

-The Times of India NEW DELHI: Car users can't be penalized for not switching to public transport system, Delhi high court observed on Monday while analyzing the effectiveness of the BRT corridor. "The policy shouldn't be such that you will be punished for doing something... that's not the way to encourage people to use public transport and discourage use of private vehicles," a division bench comprising Justice Pradeep Nandrajog and Justice Manmohan...

-The Times of India Keeping the festive season in mind, the Manmohan Singh government, which is on a reforms-fiscal correction mode, hit the pause button on Monday, deferring a decision on Scrapping subsidy on levy sugar under the public distribution system (PDS) quota. Removing the subsidy would have meant a steep hike in the price of the commodity to Rs 23 per kg from Rs 13.50/kg. The relief is expected to last...