-The Business Standard   Mining companies have warned of a price spiral in commodities once the new mining law provisions are in place. The industry sees the government decision of mandatory profit and royalty sharing impacting it by an estimated Rs 15,000 crore every year. This would include a Rs 12,200-crore hit on non-coal mining companies and Rs 2,800 crore on coal miners. “The provisions of this Bill will affect the industry badly,”...

In the corridors of power in Delhi and beyond, a three-letter acronym has left some of the mightiest politicians and officials befuddled, embarrassed and powerless. The RTI, or the Right to Information Act, which compels the government to share information about its functioning with its citizens on demand, has acquired the reputation of a four-letter word among India's rulers. Its lethal nature was on full display this week - it...

-PTI   The Commerce Ministry today said there was a need for a relook at the land ceiling rules for Special Economic Zones (SEZ) in view of protests against land acquisitions and it will shortly come out with a draft to bring changes in the SEZ Act of 2005. "There is a need [for a relook at] the SEZ rules and policies.... The minimum land requirement will also be relooked at, as land...

-The Times of India   For all those already reeling under a series of hikes in petrol prices on the back of zooming inflation, here is some news that will enrage you further. Data of retail prices in countries across the world shows that Indian prices are amongst the highest in the world at current Exchange Rates. And, if you even out the differences in purchasing power of different currencies then Indian...

The best thing about Indian politicians is that they make you feel you are a better person. Not surprisingly, Indians often derive their moral confidence not through the discomfort of examining their own actions, but from regarding themselves as decent folks looted by corrupt, villainous politicians. This is at the heart of a self-righteous middle-class uprising against political corruption, a television news drama that reached its inevitable climax in Delhi on...