-The Telegraph   The government may introduce dual rates for diesel — with the price of the fuel higher in cars and commercial power compared with the price for truckers and farmers — to prevent its misuse. During a parliamentary debate on the price rise, Opposition leaders asked finance minister Pranab Mukherjee if the government would withdraw subsidy benefits on diesel used by premium cars and commercial users such as telecom tower...

After sliding a mile backward into a morass, Karnataka'smining sector has just been shoved a metre forward. Since it has taken an almighty effort by the judiciary and a quasi-judicial body, the Lokayukta, to accomplish even this much, what hope is there for a sector that is vital for Karnataka's and India'sindustrial development?? Will the sector - represented by mining firms, traders, transporters, government agencies - slide back deep into...

The Centre will spend around Rs.30,000 crore on providing more than 2.5 lakh villages with broadband connectivity through optical fibre, Sam Pitroda, Adviser to the Prime Minister on Infrastructure, Innovation and Information, said on Monday. He was speaking to journalists after launching Bharat Sanchar Nigam Limited's voice and video telephony over Internet protocol (VVoIP) here. “We need 30,000-40,000 km more of optical fibre…we probably need Rs.25,000-Rs.30,000 crore for all this. We are...

The audited balance sheets of the six largest political parties in India are hard to get and harder to decipher: they hide more than they reveal but are nonetheless worth close examination. Between them, the Congress, BJP, BSP, SP, NCP and CPM reported total income of Rs 1,046.76 crore for the year ending March 31, 2009. That was the year in which most of the funds for the 2009 Lok...

-The Business Standard   Increasing newsprint prices are likely to have a negative impact on profitability of the Indian print media industry in the short to medium term, according to a Fitch report. The report expects that an increase in advertising revenues may partly offset the rising cost of newsprint. Newspaper publishers generate about 70 percent of revenues from advertising, with the remainder coming predominantly from circulations. However, the agency's expectation of...