-Live Mint CERC calls for a variable ‘compensatory tariff' to be offered to Adani Power till fuel situation stabilizes In an unprecedented move, India's apex power sector regulator offered a bailout package to Adani Power Ltd in a late Tuesday order to offset losses on account of the unexpected increase in the prices of imported coal and the unavailability of domestic coal for the company's 4,620 megawatts (MW) thermal power project at...

-The Hindustan Times Kanpur: The district administration here made best of efforts to present a pretty picture. But the World Bank chief Dr Jim Yong Kim was obviously not moved. What touched him instead was the rampant poverty that he saw everywhere. "People here are extremely poor. They don't have access to clean drinking water, roads, sanitation and electricity," he said after visiting a Gwaltoli slum in Kanpur. "They (the people) struggle...

-The Hindu Keys of houses built by DYFI handed over to victims Kasargod: Communist Party of India-Marxist (CPI-M) has accused the Central and State governments of shying away from providing relief and rehabilitation packages to endosulfan victims in the district. Instead of implementing the National Human Rights Commission-recommended relief and rehabilitation packages, both the Central and State governments were more keen on safeguarding the interests of the pesticide companies, CPI (M) Polit Bureau...

-The Hindustan Times The Comptroller and Auditor General has pulled up the department of financial services (DFS) for not properly monitoring the implementation of the Rs.52,000-crore debt waiver package. The DFS, under the finance ministry, depended completely on nodal agencies for monitoring the scheme that was announced by finance minister P Chidambaram in the 2008-09 budget, the report said. But, following the issue of the draft audit report, the ministry asked the RBI...

-Live Mint Former Irda chief spells out the problems with regulating the insurance sector in an interview Regulators are sometimes not too keen on laying down the law because they may be too close to the industry that they are charged with making sure is complying with rules, said J. Hari Narayan, who stepped down on Wednesday as chairman of the Insurance Regulatory and Development Authority (Irda).   “There is a lot going on...