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We'll make a killing out of food crisis, trading boss boasts-James Cusick

-The Independent Drought is good for business, says Glencore chief The United Nations, aid agencies and the British Government have lined up to attack the world's largest commodities trading company, Glencore, after it described the current global food crisis and soaring world prices as a "good" business opportunity. With the US experiencing a rerun of the drought "Dust Bowl" days of the 1930s and Russia suffering a similar food crisis that could see...

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Hate messages: absence of cyber security policy hits govt’s efforts -Shubham Shivang & Sahil Makkar

-Live Mint India’s biggest crackdown on websites and blogs hosting hate messages was hobbled by the absence of a policy on cyber security, escalating panic and resulting in an exodus of people belonging to north-eastern states from several cities. The government initially identified 245 such websites, but could block only 207 of them, saying it couldn’t shut out the other 38 because of technical difficulties. It has identified and is in the...

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Virtual fires-Pratik Kanjilal

-The Indian Express The exodus to the Northeast, perhaps the biggest mass displacement in peacetime, reads like the dark side of the Arab Spring or the reverse of a flash mob. The social and SMS media, which accumulate forces for positive change, were leveraged to spread rumours and disperse minorities by the fictitious threat of violence. And the response is totally inadequate. Social media shifted the balance of power from governments and...

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Throwing in the Towel

-Economic and Political Weekly The anti-corruption movement’s antics have weakened other movements for accountability. The recent fast-unto-death by members of “Team Anna” (a self-proclaimed name which has always sounded pompous even if loved by a media looking for a catchy t­itle) thankfully ended without any calamity on the advice of a group of “eminent” citizens and with a promise to carry on the “movement” in the political sphere. Many commentators have, rightly,...

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4,800 acre government land leased to DIAL at Rs 100 per annum

-The Times of India The Comptroller and Auditor General of India has questioned giving Indira Gandhi International Airport land totaling 4,800 acres to Delhi International Airport Pvt Ltd (DIAL) — the government's joint venture with the Hyderabad-based GMR Group — on a lease rent of Rs 100 per annum, apart from a one-time fee of Rs 6.19 crore for 190.19 acres. Of this land, 240 acres worth Rs 24,000 crore would...

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