-The Hindustan Times Under fire from the opposition for the indefinite postponement of the Lokpal Bill, the government on Wednesday assured the Rajya Sabha that it will be taken up before March 30 during the ongoing budget session. In his reply to the notice given by the leader of the opposition Arun Jaitley, seeking immediate resumption of the debate on the bill, parliamentary affairs minister Pawan Kumar Bansal said it will be...

Government-owned oil marketing companies (OMCs) may witness a 52% jump in losses on account of selling fuel below cost at state-mandated prices to Rs.2 trillion in the next financial year, said R.S. Butola, chairman, Indian Oil Corp. Ltd (IOC), the nation’s largest fuel retailer. Such an increase will impact the financials of government-owned OMCs such as IOC, Hindustan Petroleum Corp. Ltd (HPCL) and Bharat Petroleum Corp. Ltd (BPCL), which currently register...

-The Hindustan Times The UPA’s record of policy flip-flops endures. The latest instance is a ban on exports of cotton that seems headed for revocation less than a week after it was announced. The commerce ministry’s line that India has exported more cotton this season than it can afford to without hurting consumption at home does not wash with partners of the ruling alliance or with the political bosses of cotton...

‘It has become a toothless organisation, which hasmade no difference to neglect of the river' Claiming that the National Ganga River Basin Authority has become a toothless organisation which has made no change to the government's neglect of the national river, three of its non-governmental members have submitted their resignations to the Prime Minister, chairperson of the body. “In three years of the NGRBA's existence, we have only had two meetings,” said...

-The Hindustan Times    Poor households of urban India are emerging hotspots for hunger and ill-health and children there live in worse conditions than in rural areas, says a new UN report released on Wednesday.   The United Nations Children’s Fund (Unicef) report -- state of the world’s children 2012 -- say that like most parts of the world, children living in around 49,000 slums in India are "invisible". Half of these slums are in...