-NDTV The Kelkar committee has said subsidies pose the greatest risk to the country's fiscal situation, while suggesting that the excise and service tax rates should be cut to 8% over the next few years. The panel calls for the need to step up disinvestment drive in state-run firms for fiscal consolidation. It says diesel should be deregulated by 2014 and all subsidy on cooking gas be cut by 2015. All subsidies must be...

-The Telegraph Ranchi: Faced with an imminent Jharkhand High Court hearing on the progress made at Nagri where three premier educational institutes are coming up, a cornered state government has planned a desperate defence to counter allegations of mishandling the issue and escalating the battle of ownership of 227 acres. According to sources, the government will tell the court of a plan to set up police barracks at the construction sites of...

-The Telegraph When the deadly gas was spreading havoc in Bhopal, Arjun Singh was hundreds of miles away — praying. Hours after the leaking methyl isocyanate gas had left a trail of death in the Madhya Pradesh capital, the state’s then chief minister had taken a flight to Allahabad, where he visited the chapel of his childhood school to pray for “moral courage”. The startling revelation comes in Arjun’s yet-to-be-released memoirs, A Grain...

THIRUVANANTHAPURAM, India , Jun 28 2012 (IPS) - Nurses in India are up in arms against the deterioration of the nursing profession in the country, including unfair wages and the policies of private hospital managements. Many exploited female nurses are leaving the country in droves, migrating to countries that offer better employment prospects and working conditions. Those that remain are taking to the streets, demanding decent pay and the enforcement of labour...

The top 10 investment destinations for Indian companies in the last three years are all tax havens, if the US and UK which figure at number 4 and number 8, respectively, are discounted. The statistic, released by the finance ministry, reinforces the belief that the government has failed in curbing the flow of black money out of the country. Around 40% of the total investments in these three years have been...