-CNN-IBN The Central Government on Thursday accepted before the Supreme Court the auction route for allocating 2G spectrum. Attorney General G E Vahanvati told the Supreme Court that the Centre favoured auction for future sale of spectrum.   But the government is yet to decide on whether it favours auction for sale of all scarce natural resources to commercial parties. The apex court had on Wednesday said that it cannot reject the presidential reference...

-The Hindu Unsustainable import competition and the end of the investment subsidy that the sale of under-priced resources provided to Indian companies are the main reasons why the economy has slowed down What has been called the ‘golden age’ of India’s economic growth was underpinned by global integration, high rates of investment and savings growth and low current account deficits. The slowdown is characterised by a sharp deceleration in investment growth on...

-The Economic Times The monsoon has covered the key farming regions of central and northwestern parts of the country, giving a boost to sowing. However, the coarse grainproducing areas of western Rajasthan and Gujarat are yet to get any rain spell.  "The monsoon is progressing well. There are chances that rains will be good in July, allaying fears of a major crop loss. The July rain this time is likely to be...

-Down to Earth Seeks changes in hazardous waste rules so that it complies with provisions of the Basel Convention The apex court of India has directed the Centre to ban import of all toxic and hazardous waste into the country in an ongoing case being heard for the past 17 years. The court also asked the government to make changes in the Hazardous Wastes (Management and Handling) Rules of 1989 so that...

-Inclusion.in There is good news. And there’s bad news. The good news first. There’s been a bumper wheat crop and the granaries are overflowing. And the bad news? Where do we begin? A lot of that grain will rot. Millions will still remain hungry. Heavily in debt and distressed, farmers are committing suicide. Food prices are soaring. There’s more… Farmers don’t have money. Their land is too small and isn’t yielding much. Fertilisers and...