Land is the most important ingredient for the development of real estate and infrastructure. For quite some time now, land acquisition had become a contentious issue in the country, which has threatened not only the industrial development but also planned growth of cities in the country. In this backdrop, the central government's decision to introduce a land acquisition bill in the Monsoon session of Parliament will go a long way...

-Reuters   India’s food price index rose 9.03% and the fuel price index climbed 13.13% for the week ended 6 August, government data on Thursday showed. Finance minister Pranab Mukherjee termed the over 9% rate of food inflation as “not acceptable”, but expressed hope that government policies and a good Monsoon will help ease prices. “Food inflation at the level of 9% is not acceptable. I do hope the measures taken to remove supply...

August is usually the preferred month fo­r family holidays in Eu­­rope, because of ab­­undant sunshine and warm weather. In India, normally, this is the south-west Monsoon season and a busy period for farmers. This year, ho­wever, several farm families in coastal Andhra Pradesh, the ri­ce bowl of the country, are repo­rted to have declared ‘crop holiday’. This is because the rice mills have not been lifting even last years’ crop....

The Mamata Banerjee government wants the Centre to include in the draft National Land Acquisition and Rehabilitation and Resettlement Bill provisions of the Bengal’s land ceiling law, which caps holdings by industry at 24.88 acres. State cabinet sources also said the government would not accept any special economic zone (SEZ) and ask the Centre make its position clear on such enclaves, which typically require large tracts, in the bill. The recommendations were...

Emboldened by the swelling crowds at Ramlila Maidan, Gandhian anti-corruption crusader Anna Hazare upped the ante within hours of emerging from Tihar Jail on Friday. He set a three-week deadline for Parliament to pass the Jan Lokpal Bill, pending which he wouldn't budge from the ground. This was not only contrary to his group's commitment to vacate the protest site by August 31, but was also seen to be brushing...