-Reuters India’s efforts to clamp down on illegal mining have handed a $15 billion lifeline to global iron ore giants, and there could be more to come. Steps taken by central and state authorities to clean up the mining and export of iron ore have shut down output in two key producing states, slashing shipments and forcing steel mills to import a raw material the country has in abundance. Now the Shah Commission,...

-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...

-The Economic Times The government plans to directly transfer money to the bank accounts of cooking gas customers even if they do not have Aadhaar identification. The rollout will start with a pilot project in AnDaman and Nicobar Islands by April, and will be extended to the rest of the country in a year. The oil ministry will also seek Cabinet approval to end the sale of subsidised kerosene and proposes to transfer...

-The United Nations Temperatures this year are the ninth highest on record since 1850 despite the effect of La Niña, a meteorological phenomenon which is supposed to have a cooling influence on the Earth’s atmosphere, says a new United Nations report released today. High temperatures were accompanied by unprecedented melting of the Arctic sea ice and multiple weather and climate extremes which affected many parts of the world. The findings are among the...

-Outlook Mumbai: The Maharashtra government today suspended two police officers, including a Superintendent of Police, following the row over the arrest of two girls from Palghar in neighbouring Thane district for a Facebook post on the shutdown in Mumbai for Bal Thackeray's funeral. SP (Thane rural) Ravindra Sengaonkar and senior police inspector Shrikant Pingle have been suspended in the case, state's Home Minister R R Patil told reporters. He said action has been...