The govt has thus rejected the recommendation of the parliamentary standing committee on finance that the 26% FDI cap be a part of the Bill The cabinet on Wednesday cleared amendments to the Pension Fund Regulatory and Development Authority Bill, 2011, capping the overseas investment limit in the sector at 26%, but retaining the flexibility to raise this limit by stating that it would not form a part of the legislation. The...

-The Hindu   Justice Markandey Katju, Chairman, Press Council of India, has issued the following clarification on his critical observations of the Indian media.   I have expressed my views relating to the media in several T.V. interviews I gave as well as in my articles in some newspapers. However, many people, including many media people, wanted clarification and amplification of some of the issues I had raised. Many media people (including several T.V. channels)...

Father Cedric Prakash is a human rights and peace activist based in Ahmedabad. He has campaigned for the justice of the victims of the 2002 communal violence on peril of being publicly branded as “non-Gujarati and non-Hindu” by chief minister Narendra Modi. A resident of Gujarat for nearly 40 years, Prakash is the founding director of Prashant, a centre for human rights, peace and justice. He was named Chevalier of the...

-The Hindu   With a view to laying down guidelines for disposal of mercy petitions, the Supreme Court on Tuesday directed the Centre to file a comprehensive affidavit giving details of all mercy petitions filed by death row convicts pending before the President of India and the Governors of various States. A Bench of Justices G.S. Singhvi and S.J. Mukhopadhaya, while granting four weeks to the Additional Solicitor-General Harin Raval for filing the...

-The Hindu   Greater the power to punish for contempt, higher the responsibility Fair reporting of court proceedings and fair comments on the legal issues do not amount to contempt, the Supreme Court has ruled. “The power to punish for contempt is inherent in courts of record and described as a necessary incident to every court of justice. The power is an alienable attribute of court and inheres in every court of record. This...