-Down to Earth Bad loans of public sector banks to business are more than double the food subsidy There are some things you simply do not do in the liberalised economy. You do not put bank loans under the lens-unless these are ballooning out of control. That is, until such loans are likely to jeopardise the entire banking system and send the economy into a tailspin. And there's another thing: you don't...

-Outlook Mumbai: In a significant order, the Bombay High Court has asked the Maharashtra Government not to impose the burden of managing mid-day meal scheme for students on teachers, calling it "non-educational work". Putting such non-teaching responsibility on teachers would amount to violation of section 27 of the Education Act, a division bench headed by Justice Abhay Oka ruled on Thursday. Section 27 provides that "no teacher shall be deployed for any non-educational...

-Outlook The fair sex got an unfair deal in the 15th Lok Sabha on the issue of reservation in Legislatures despite the three top posts being occupied by women. The ambitious Women's Reservation Bill, which provides for 33 per cent reservation for women in the lower house of Parliament and state assemblies for 15 years, failed to get the nod this time too though Sonia Gandhi was the UPA Chairperson, Meira Kumar...

-The Times of India NEW DELHI: At the very fag end of the forgettable existence of the 15th Lok Sabha, Parliament on Friday passed the Whistleblower Protection Bill. The Rajya Sabha cleared this crucial anti-corruption law a good two years after it was passed by the Lok Sabha. The delay was not because the elders brought some new wisdom to the proposed law. In fact, the Bill, seeking to ensure the safety...

-The Business Standard The economic logic - and political reasons - behind the giant shift of spending power to the states Interim Budgets are not supposed to do this. This is precisely what they are not supposed to do. They are not supposed to lay out a policy change so vast it disempowers the next central government. But that's what P Chidambaram has done - and it appears to have been...