-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...

-The Telegraph The government today set up a commission of inquiry to identify lapses that may have led to the bus gang rape and “fix responsibility” even as the capital limped back to normal after a violent weekend. Police let vehicles ply on the 2.5km stretch between India Gate and Rajpath, locked down for the past two days since Sunday’s protests. The decision to set up the commission is the latest among several...

-Outlook The National Water Resources Council chaired by Prime Minister Manmohan Singh is likely to adopt tomorrow the draft National Water Policy, 2012 that stresses on the need to evolve a broad over-arching national legal framework on water. The draft announced by the government in January this year was revised twice based on the recommendations made by the National Water Board. The Prime Minister chairs the meeting of the Council which has all...

-Live Mint Consideration of land acquisition Bill deferred after opposition seeks more time to study new clauses India’s Parliament got down to business on Tuesday with the Lok Sabha passing two critical Bills, the Companies Bill, 2011, and the Banking Laws (Amendment) Bill, 2011, although it deferred consideration of the land acquisition Bill. The new Companies Bill, when it is enacted, is expected to improve the quality of corporate governance by strengthening...

-The Indian Express In a major course correction, the 153 amendments that Rural Development Minister Jairam Ramesh is likely to introduce to the Land Acquisition Bill in Lok Sabha on Tuesday includes a watered-down retrospective clause. The CABinet, which met last Thursday, had established the sanctity of awards declared for ongoing land acquisition processes under the existing Land Acquisition Act, 1894 across the country. This was a rejection of Jairam’s proposal to...