-The Times of India A 48-hour bandh began in the Visakha Agency with hundreds of tribals with the support of all political parties enforcing it to protest the proposed bauxite mining in the area. The tribals themselves checked all vehicles in a bid to prevent the central expert committee from going ahead and conducting its survey. The four-man committee appointed by the Union ministry of environment and forests was scheduled to undertake...
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11 acquitted in Jaipur blasts case
-The Hindu A Fast Track Sessions Court here on Friday acquitted 11 of the 14 persons arrested from Kota, Baran and Jodhpur in the aftermath of the May 2008 Jaipur serial blasts. The court did not find any evidence that could connect the accused with the alleged crime. The Anti-Terrorism Squad of Rajasthan police had claimed that all the accused, who it said were members of the banned Students Islamic Movement of...
More »Neoliberal illogic by Prabhat Patnaik
The class bias in government policy is clear in the decision to release a small amount of foodgrain in the open market to tackle inflation. MOST people would agree that there is a strong element of speculation underlying the current inflation and that forward trading contributes to it. Yet the government, though it has banned forward trading in certain commodities under public pressure, is curiously reluctant to see this point....
More »Monsoon to dispel clouds over sugar, grain
A good monsoon forecast strengthens prospects for India to cut sugar imports, free up grain exports and buy more gold as rains boost supplies in the world’s leading consumer of most farm commodities. Annual monsoon rains from June to September are key to firing up growth and farm output and limiting inflation in India, which ranks among the world’s top producers and consumers of sugar, wheat, rice and edible oils and...
More »Private banks gear up to take on public banks in rural India by Anita Bhoir
India’s private sector banks are busy drawing up plans to attack public sector banks in their backyard—rural India—by opening hundreds of new branches. They don’t need to seek the Reserve Bank of India’s (RBI) nod any more to open branches in smaller towns and large villages, the so-called tier III to VI centres with population below 50,000. The Indian central bank has also permitted private and public sector banks to...
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