-The Business Standard Flawed govt policy is forcing car makers to shift to SUVs Over the next few months, Maruti Suzuki, Tata Motors, Ford, General Motors and Mahindra & Mahindra will launch new sports utility vehicles (SUVs). That’s because the market for SUVs is booming. Sales have grown 57 per cent in the first five months of this financial year (to 207,000 units), while passenger car and van sales have fallen...

-The Hindu FDI cap in insurance raised to 49%; foreign investment in pension sector allowed; new Companies Bill 2011 cleared Notwithstanding the strong opposition to its reforms agenda, the Manmohan Singh government on Thursday pressed ahead with more big-ticket reforms, raising the FDI cap in the insurance sector to 49 per cent, opening up the pension sector for foreign investment and clearing the Companies Bill, 2011. It also approved amendments to the...

-Outlook The Justice MB Shah Commission probing into the multi-crore mining scam today said most of the iron ore and manganese mines in Odisha would come under the purview of its investigation. "The commission will verify records and probe into all the iron ore and manganese mines allocated since 1952 whether closed or in operational stage," said U V Singh, the team leader and Principal Conservator of Forest in Karnataka. Stating that about...

-Mid Day 'Mafia' set up these establishments across the state to usurp government grants, reveals report submitted by state child rights commission; many of them were being run as hostels and coaching centre Corruption is now so rampant in every sphere in this country that it has become a child’s play for the perpetrators. MiD DAY has learnt that the Congress-led Democratic Front government is sitting on a sensational report submitted by...

-The Hindu The Constitution and various Laws must be amended to prevent judges of the Supreme Court and the High Courts from taking up post-retirement jobs, say legal experts. A couple of days ago, Leader of the Opposition in the Rajya Sabha Arun Jaitley suggested an embargo on the appointment of retired judges to commissions. BJP president Nitin Gadkari has suggested a “cooling-off period” of two years from the date of retirement...