-PTI Allaying fears of a spurt in public expenditure ahead of Lok Sabha polls, finance minister P Chidambaram on Wednesday said government will not compromise on fiscal discipline, notwithstanding the defeat of Congress in four states, including Delhi and Rajasthan. Inaugurating the Delhi Economic Conclave, Chidambaram blamed the states for "inaction" to check hoarding and said the incumbent government pays a price for high inflation. "The agenda, therefore, will be obvious. At the...

-Down to Earth Expresses concern over alcohol brands being advertised in violation of rules India is emerging as the favourite destination for alcohol promotion of marketing companies. Their new targets are women and youth, who at present comprise a very small percentage of alcohol consumers in India. These are the observations made by a report-Alcohol Marketing and Regulatory Policy Environment in India-put out by the Public Health Foundation of India (PHFI). It...

-The Times of India MUMBAI: Data collected by Reserve Bank of India over a period of one year blows the lid off what goes as loan classification in banks. In a presentation at the annual bankers' conference, RBI deputy governor K C Chakrabarty showed how banks have sacrificed over Rs 1 lakh crore by writing off bad loans to corporates, which is much higher than Union finance minister P Chidambaram's farm...

-AFP SYDNEY: Wildfires are "absolutely" linked to global warming and increasingly intense heatwaves, the UN climate chief has said, as bushfires burned out of control in Australia. The comments come as debate rages in Australia -- whose new Prime Minister Tony Abbott once described the science behind man-made climate change as "absolute crap" -- about whether there is a link between the infernos and global warming. Asked in an interview with CNN if...

-The Telegraph Two Union government health agencies colluded with a foreign entity to conduct a mass vaccination campaign on thousands of girls in India four years ago, violating medical ethics and national laws, a parliamentary committee said today. The parliamentary standing committee on health and family welfare has blamed the Indian Council of Medical Research (ICMR) and the Drugs Controller General of India for collaborating with the US-based Program for Appropriate Technologies...