-The Hindu   The Communist Party of India (Marxist) on Thursday refuted the “specious explanations” on inflation given by Finance Minister Pranab Mukherjee saying his statement hid the government's failure to check price rise. Reacting to his November 22 suo motu statement in Parliament, the CPI(M) Polit Bureau said: “It is nothing but an exercise in deception to conceal the utter failure of the UPA government in checking the relentless price rise.” While referring...

-Live Mint Recent reports of the employment and unemployment surveys of National Sample Survey Organisation (NSSO) have confirmed the fear of jobless growth during 2004-2010. This data has led to much debate, but the overwhelming consensus remains that the recent period of high gross domestic product (GDP) growth has not benefited the majority of workers. Although the debate is yet to settle, there have been arguments for looking at the data closely....

-IANS   Sitting and former MPs from various parties owe a staggering Rs.9 crore to state-run telecom provider MTNL, over and above the free calls they are allowed, a reply to a Right to Information (RTI) query revealed Tuesday. The reply lists 399 MPs who alone owe Rs.7.10 crore dues to MTNL, followed by Rs.1.97 crore owed by six sitting members. The list for former MPs defaulting upon their bills is led by Rajya...

It seems the people's representatives are oblivious to the fact that making phone calls costs money and they have to pay bills like the man on the street. Altogether 405 present and former members of Parliament owe Rs 7.30 crore to public sector Mahanagar Telephone Nigam Ltd for bills not paid for years. Every MP is entitled to two fixed line telephone connections – one in Delhi and other in his...

-The Deccan Herald   In an attempt to usher transparency regarding functioning of the banking sector, the Central Information Commission on Friday directed the Reserve Bank of India (RBI) to reveal the details of Annual Financial Inspection (AFI) reports of banks and also the fines imposed on them based for violating rules. Direction to make public the annual inspection reports of banks was given by Information Commissioner Shailesh Gandhi while he overruled the...