-The Business Standard The economic logic - and political reasons - behind the giant shift of spending power to the states Interim Budgets are not supposed to do this. This is precisely what they are not supposed to do. They are not supposed to lay out a policy change so vast it disempowers the next central government. But that's what P Chidambaram has done - and it appears to have been...

-The Times of India NEW DELHI: The next government at the Centre will have far less money to play with, thanks to something Chidambaram has done. He has transferred substantial control over spending on centrally-sponsored schemes such as employment guarantee and Sarva Shiksha Abhiyan to the states. In the coming year, the amount is Rs 3.4 lakh crore. State governments will be pleased. Political observers see it as a move to curry...

-Outlook The real story of a ‘decisive' UPA blowing away the eight-year cloud around Posco's project Bend It Like Moily Seven reasons why UPA's pre-poll green clearance for Posco is more about spiel than steel Posco got green clearance after the sudden removal of MoEF Jayanthi Natarajan, who was reluctant to sign on the file. The nod came days before South Korean President Park Geun-hye's visit;...

-The Indian Express Year on year from June to December, communal clashes more than treble. Patna: Bihar has seen 87 major and minor communal clashes between June and December 2013, over three times the 24 incidents during the corresponding period of 2012. This coincides with the split of the ruling JD(U) with the BJP, an alliance of 17 years, and comes after seven-and-a-half years without a single major communal clash. A monthly break-up...

-Press Information Bureau Preliminary Transcript of the Q&A portion of the Prime Minister's Press Conference at the National Media Centre, New Delhi Q: After the Assembly elections, much churning is going on in the UPA. Do you think the Congress should now announce its PM candidate? PM: The Congress President has already answered that question. We will announce our candidate for the Prime Ministership at the appropriate time. Q: On corruption issues which have...