-The Hindu Property empire was built on soft loans handed out in unusual circumstances, documents show In February, as rumours of the ambitions of Congress president Sonia Gandhi’s son-in-law swirled amidst the heat and dust of the election campaign in Uttar Pradesh, her daughter Priyanka moved to scotch speculation about Robert Vadra’s possible political future. “He’s a successful businessman,” the younger Ms. Gandhi said of her husband, “who is not interested in changing...

-NDTV Shares in DLF, India's biggest real estate developer, slumped to a low of Rs. 229.50 Monday, indicating an over 5 per cent cut from Friday's close. Last week, anti-corruption activists Arvind Kejriwal and Prashant Bhushan had alleged that DLF had gifted Robert Vadra, the son-in-law of Congress President Sonia Gandhi, a 65-crore interest-free loan and sweetheart deals on a series of apartments in Gurgaon. DLF shares traded at the bottom of...

-Economic and Political Weekly  The Government of India is considering a proposal to notify farming as an essential service. This is ostensibly to bring drought relief to farmers suffering from a weak monsoon - a laudable goal indeed. However, if farming is deemed an "essential service", farmers and farm workers could lose many of their political and civic rights because the government can then invoke the Essential Services Maintenance Act to...

-The Business Standard Despite a marked improvement in the southwest monsoon, Agriculture Minister Sharad Pawar on Wednesday said production of coarse cereals, pulses, oilseeds and rice, to some extent, would be less than last year. For sugar, the cane area is more. But, Pawar said, some drop in production can be expected as farmers in Karnataka and Maharashtra have diverted a sizeable portion of standing crop towards fodder. Announcing the second relief package...

-Live Mint The current policy on compensating landowners could adversely affect character of India’s future growth The Parliament is currently considering a land acquisition, rehabilitation and resettlement Bill (LARR Bill), as are various state legislatures. These are likely to affect the pace and character of future growth in India in a significant way.  Setting up new industries, service establishments and real estate development will inevitably require land to be acquired from rural areas....