-Outlook Shillong: Five coal mine labourers were killed when a CABle of coal-laden trolley snapped mid-way in a coal pit in remote East Jaintia Hills district, police said today. The incident took place last Friday night at around 9 pm at Umpleng Cement area located along the Saipung-Khliehriat border in the district, they said. The mishap took place after the CABles pulling up the trolley containing coal snapped sending it plummeting down. After...

-The Indian Express Patna: Fifteen out of 29 Bihar ministers, including Chief Minister Nitish Kumar and his deputy Sushil Kumar Modi, are crorepatis. As a part of their anti-graft measures, started in 2011, the CM and his ministerial colleagues declared their moveable and immoveable assets this New Year. Four new entrants have joined the crorepati club this year. Thy are Ashwini Kumar Choubey, Shyam Rajak, Bhim Singh and Bijay Choudhary. Parveen Amanullah is...

-The Hindu Beniwal’s claim of exclusive right to appoint Lokayukta is not in keeping with spirit of Constitution: Bench The Supreme Court has reiterated that the Governor is bound to act on the aid and advice of the Council of Ministers, unless he acts as persona designata i.e., eo nomine under a particular statute or acts in his own discretion under the exceptions provided for in the Constitution itself. Upholding the appointment of...

-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...

-PTI Describing the current economic situation as a difficult one, Prime Minister Manmohan Singh on Thursday hinted at tough decisions like hike in energy prices and reduction of subsidies to achieve the growth target of 8 per cent in the 12th Five Year Plan. Inaugurating the National Development Council (NDC) meeting, Dr. Singh cautioned that “business as usual” policies will not be sufficient to achieve the scaled down growth target of 8...