The ASCI report says there is ample evidence of “market dominance” in specific media markets, but the government has ignored the report for three years. A ministry official tells PARANJOY GUHA THAKURTA that it is unlikely to be implemented. A report prepared by an independent institution recommending imposition of cross-media ownership restrictions recently entered the public domain nearly three years after it was submitted,  following a rebuke to the government by...

If the government accepts oil minister S Jaipal Reddy's proposal, the price of small diesel cars could soon rise by Rs 1.7 lakh while medium-to-large guzzlers could become costlier by Rs 2.55 lakh a piece. The proposal to impose additional excise duty on diesel cars is bound to trigger protests from automakers, who have seen sales growing at the slowest pace in seven months in May. Domestic car sales declined 24%...

-Reuters Inflation may have accelerated at its fastest pace this year in May, driven by higher food and fuel prices, impeding chances of a rate cut by the central bank at its review next week, a Reuters poll showed. The wholesale price index, India's main inflation gauge, is expected to rise 7.60 percent in May versus a year ago, compared with April's 7.23 percent, the poll of 31 analysts showed. Forecasts ranged from...

Gosikhurd was sanctioned in 1983 and meant to irrigate 2.5 lakh hectares in Vidarbha As Manikrao Gedam sits outside his three-room house, he wonders how he has benefited by giving up his 10 acres for the Gosikhurd irrigation project at Bhandara in Maharashtra's Vidarbha region. For that matter, he wonders what anyone has gained from it. Today, he has nothing else, but the house in a resettlement colony; his sons are unemployed; and...

There are major issues at stake in the Rio+20 Summit on Sustainable Development to be held on 20-22 June. Yet governments of developing countries have not given adequate importance to the run-up to the conference. As has happened in the climate change negotiations, the outcome draft now under negotiation shows a concerted move to rewrite the terms of global environmental governance. There is an attempt to push through the decidedly...