Finance ministry asks automobile sector to submit a report on the impact of such a move within a week’s time The government appears to have made up its mind to increase excise duty on diesel cars to neutralize the advantage of the state subsidy that has prompted motorists to increasingly favour vehicles powered by the fuel that’s Rs.30 a litre cheaper at the pump than petrol. Indications that the government is leaning...

-The Business Standard   The FAO Food Price Index fell by 4% in May Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today. The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4%...

The cartoon controversy provides the possibility of interrogating the functioning of the academic system to understand its relationship with the downtrodden masses. A new deliberation is needed in order to make the academic world more sensitive and responsive towards the issues and concerns of the subaltern-oppressed communities. This will be an ethical incentive for the present-day dalit movement in India and can bring greater democratisation to the education system. Harish Wankhede...

-The Economic Times At a time when the government is desperately trying to take growth to remote tribal-dominated areas, it has found that a key link in the chain - voluntary organisations - has been malfunctioning. Random surveys, conducted by the tribal affairs ministry, have unearthed how over the years NGOs had been getting grants from the Centre for tribal welfare and the money was being misused to make private residences.  The...

Bihar, which was synonymous with poverty, has emerged as the fastest growing state for the second year running, clocking a scorching 13.1% growth in 2011-12. Not just that, on the back of four years of double-digit growth, its economy is now bigger than that of Punjab—until recently the preferred destination of Bihari migrant workers. Among the top five states, Bihar is followed by Delhi and Puducherry. Mineral-rich Chhattisgarh, which many had...