-PTI The government today told the Supreme Court that “auction cannot be the only permissible method for disposal of natural resources” and a uniform policy on their distribution was “neither practical nor can it subserve the common good”. The Centre also said the allocation of natural resources was a policy matter and beyond the purview of judicial review. The submissions came in response to questions by the apex court on the Presidential Reference...

-The Business Standard Census details show spread of mobiles, TVs, bank accounts, even in poverty-stricken states household power connections still a big lack The past decade has seen the weakest sections of the society make rapid gains in their material wellbeing, acquiring assets such as cell phones, televisions, two-wheelers and bank accounts, though almost half the population of scheduled castes and tribes (SC and ST) continue to live by the light...

-The Guardian  The counter conference is designed to foster alternative ideas and provide an outlet for discontent They come with speeches, placards, power point presentations and drums. Some with body paint and bows and arrows. Others with suits and business plans. Almost all driven by a desire for radical change. "Come re-invent the world" is the call to the People's summit, which has opened in Rio de Janeiro to counter what many participants...

-AFP JOHANNESBURG: Foreign farms are spreading across Africa to grow food and biofuels for global markets, bringing much-needed investments but also new troubles for a continent struggling to feed itself.  China, Malaysia, Singapore and Bangladesh are just some of the countries spending billions of dollars in what critics have dubbed a new "scramble for Africa", a reference to Europe's 19th century colonisation drive.  But Africa holds an estimated 60 percent of the world's...

The ASCI report says there is ample evidence of “market dominance” in specific media markets, but the government has ignored the report for three years. A ministry official tells PARANJOY GUHA THAKURTA that it is unlikely to be implemented. A report prepared by an independent institution recommending imposition of cross-media ownership restrictions recently entered the public domain nearly three years after it was submitted,  following a rebuke to the government by...