-First Post They came in waves, like silent armies that move in the night. Each of the Congress Ministers and party leaders who were seen studio-hopping or otherwise implanting themselves in front of cameras late on Friday had been assigned a specific role: to defend the First Family of Indian politics against the most audacious allegation of corruption levelled by Arvind Kejriwal and Prashant Bhushan, the two Johnny-come-latelys to the world...

-The Telegraph Union minister Kapil Sibal has promised measures to ensure that the Centre’s curbs on cooking-gas subsidy would not derail the midday meal scheme that serves eight crore children in 12 lakh elementary schools. The Telegraph had reported on Wednesday that self-help groups had stopped preparing midday meals in over 50 primary schools in North 24-Parganas since Monday saying they could not afford the cylinders’ new price. Chief minister Mamata Banerjee had...

-The Hindu FDI cap in insurance raised to 49%; foreign investment in pension sector allowed; new Companies Bill 2011 cleared Notwithstanding the strong opposition to its reforms agenda, the Manmohan Singh government on Thursday pressed ahead with more big-ticket reforms, raising the FDI cap in the insurance sector to 49 per cent, opening up the pension sector for foreign investment and clearing the Companies Bill, 2011. It also approved amendments to the...

-Outlook Defending the recent slew of reforms, Union Law Minister Salman Khurshid today said these steps were necessary to maintain a robust growth rate so that there was no dearth of funds for the social sector. "The UPA government had assumed power in the country with the promise of enabling the people to realise their full potential. To fulfil this promise, it was essential to banish what we call the Inspector Raj...

-The Hindu The government’s claim that it will dampen inflation, bring higher prices for farmers and lower prices for customers may be somewhat exaggerated With the intention of signalling a strong commitment to reforms, the UPA government has announced a hike in the price of diesel and liberalisation of foreign direct investment (FDI) in multi-brand retail, justifying the measures as growth-enhancing and inflation-dampening. They have been termed bold by India’s corporate sector...