-CNN-IBN The narendra modi government's austerity polices have taken a hit after an RTI report claimed that many BJP MPs enjoyed their overstay at five-star hotels on tax-payers' money. The RTI report showed that till November 15,2014, 92 MPs, since their election, several of them from the BJP, have been living at the Ashoka Hotel in Delhi, in spite of being allotted the government accommodation, said an IBN Live report. The report further...

-The Asian Age The sharp and sudden collapse of international prices of crude oil brings significant short-term gains for the Indian economy. However, in the medium and long run, the fall in oil prices has ramifications that are far from positive for this country. The windfall gains that have accrued will provide temporary relief for finance minister Arun Jaitley and will enable him to meet the fiscal deficit target in the...

-Frontline SHUBHANKAR DAM, Assistant Professor of Law at Singapore Management University School of Law, is the author of Presidential Legislation in India: The Law and Practice of Ordinances (Cambridge University Press, 2014), which has received wide acclaim among scholars of constitutional law. Against the backdrop of his insightful critique on the necessity of ordinances in a democracy, Professor Dam discusses in this interview the recent controversy triggered by the Bharatiya Janata...

-PTI GANDHINAGAR (Gujarat): World Bank on Sunday said India can grow at 6.4 per cent in 2015 and accelerate further next year, but cautioned that an enduring "bias" on the basis of caste and other factors can impede prosperity. The government, however, is well aware of this issue and the World Bank sees India as "a bright spot in an otherwise mediocre global economic outlook," the multilateral lending agency's president Jim Yong...

-Business Standard Workdays under the scheme in 2014 crashed to less than half of previous year's, delay in fund transfers and payment to workers, says rural devt ministry report The former Union rural development minister Nitin Gadkari caused 'psychological' damage to the Mahatma Gandhi Rural Employment Guarantee Programme (MGNREGS) with statements questioning the need to continue the scheme across the entire country, the ministry has assessed in its new report. Gadkari was minister...