-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...

-The Indian Express On the surface, the sugar crisis in Uttar Pradesh may seem to be inching closer to a resolution. But cane farmers may have unwittingly mortgaged their land, signing up for crop loans from public sector banks, with the money so raised being used by the mills to pay arrears of a different set of farmers. This model, of mills rotating working capital loans from banks, to deliver pending payouts...

-The Times of India WARSAW: Though the ongoing climate talks has failed to bring cheer to developing countries as rich nations have, so far, not made any commitment to set aside a corpus to battle global warming, hope springs eternal for the negotiators. They are expecting that the high-level ministerial round may throw up a pleasant surprise, where developed countries would finally pledge a sum -$20-$30 billion annually - for assisting poor...

-Outlook New Delhi: Under attack after CBI initiated probe into alleged irregularities in award of contract by Delhi Jal Board, Chief Minister Sheila Dikshit, who is the chairperson of the body, today denied any wrongdoing and asserted that laid down norms were followed in deciding bids. She said the terms and conditions of tenders were formulated by "technocrats and officers" of DJB and as chairperson she has no role in it. "The Chief...

-Outlook Jamshedpur: Tata Steel Group Executive Director Koushik Chatterjee today said Rehabilitation and Resettlement (R and R) provision in the recently passed Land Acquisition, Rehabilitation and Resettlement Act would ensure that state governments work for the benefit of the society. The old Act was more than 100 years old and needed a revamp for the benefit of the society as well as for the industry executing big projects, Chatterjee told reporters here. The...