-The Business Standard 7 things you should know in the Bhagwati vs Sen slugfest Jagdish Bhagwati and Amartya Sen are the two Indian economists who are most respected for their work. Both have worked on a broad spectrum of issues, though Sen is best known for his work on public choice and development and Bhagwati for his work on trade. They are both liberal, neoclassical economists, who support deregulation and disapprove of...

-The Times of India NEW DELHI: Information and broadcasting (I&B) ministry has sought the views of regulator Trai and Press Council of India (PCI) on an increase the cap on FDI in media. This was described as a consultation process by ministry sources who said that nothing was being changed right now. Earlier, a committee headed by economic affairs secretary Arvind Mayaram had recommended an increase in the FDI limit in print...

-The Hindu     Restrictions on cross-media ownership in offing too The Telecom Regulatory Authority of India (TRAI) is all set to recommend the creation of an ‘institutional buffer between corporate owners and newspaper management' to the government. TRAI, which is also the regulator for the broadcasting industry, will also suggest ways to restrict cross-media ownership in line with practices in ‘most other established democracies.' TRAI chairman Rahul Khullar told The Hindu his recommendations would...

-IANS Those who cherish India's constitutional values will find Gujarat Chief Minister Narenda Modi's boast to build a state of Sardar Vallabhbhai Patel (India's first home minister and deputy prime minister) taller than the Statue of Liberty rather chilling. By prizing nationalism over individual freedom, Modi may have once again revealed his illiberal nature. People who dislike this aspect of him, Leftists mainly, give vent to their disapproval by dismissing Modi's development...

-The Hindu   As TRAI prepares to regulate ownership of news organisations to ensure pluralism, big media houses fear shrinking profits and state control by proxy Rahul Khullar, the straight-talking chairman of the Telecom Regulatory Authority of India (TRAI), listened attentively to the senior management executive of Bennett Coleman and Co. Limited, one of India's largest media conglomerates. The latter disagreed with the premise of the discussion - that there was a "problem,"...