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Low growth worries PlanCom on job creation-Sanjeeb Mukherjee

-The Business Standard The issue is likely to figure in its assessment of the 12th Five-Year Plan As it sets about preparing the groundwork for the mid-term appraisal (MTA) of the 12th five-year Plan, the Planning Commission is worried over the impact of slow growth in the first two years of the Plan (2012-13 and 2013-14) on employment and livelihoods. A Planning Commission official said returning to the high-growth trajectory at the...

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Sacked Open Journalist Says He’ll Go to Court-Vibhuti Agarwal

-Wall Street Journal Blog The political editor of one of India's leading English-language weekly magazines, says he will take legal action over his sacking after he was allegedly offered thousands of dollars to leave the company quietly. "I got a termination letter after I refused to take 1.5 million rupees ($23,788) to leave the company on congenial terms," said Hartosh Singh Bal who left Open magazine on Wednesday. "I won't stay silent. I...

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CAG questions Rs 3,000 crore of investments by two Tata trusts -Josy Joseph

-The Times of India NEW DELHI: A detailed audit by the Comptroller and Auditor General of India of some major trusts run by business houses and sports bodies has allegedly revealed misuse of income tax exemptions granted to them. Among them are at least two Tata trusts and a number of state cricket associations. The audit report, one of the first to be signed by the new CAG, S K Sharma,...

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G77+China group walk out after stalemate on Loss and Damages modalities-Nitin Sethi

-The Hindu Warsaw: The G77+China group of 133 countries walked out of negotiations on Loss and Damage at around 3:30 am on Wednesday morning after the rich countries refused to budge from the position that the subject should be discussed only after 2015. The US, Australia and Canada have been the most vocal and trenchant advocates against setting up a separate mechanism on Loss and Damage while the EU, though not belligerent,...

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Muzaffarnagar riots: For Rs 5 lakh, 900 families give up their right to return home -Pritha Chatterjee

-The Indian Express Muzaffarnagar: With winter setting in, and the conditions in relief camps fast deteriorating, over 900 displaced families in Muzaffarnagar and Shamli districts have signed affidavits stating that they will not return to their villages, in return for a compensation of Rs 5 lakh from the state government. "Main aur mere parivar ke sadasya apne gram mein hui hinsatmak ghatnaon se bhayakant hokar gaon va ghar chhodkar aaye hain, tatha...

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