-The Times of India MUMBAI: Consumers may get some relief as oil marketing companies (OMCs) plan to revise petrol prices downward due to falling international crude oil prices and a strengthening rupee. The Indian basket of crude oil fell to $106.74 on September 20 from $116 five days earlier, according to data published by the oil ministry. The rupee, which hit a four-month-high of 53.47 on September 21, is expected to strengthen...

-The Economic Times The government is pushing ahead with long-awaited reforms to boost finances of cash-strapped power utilities and to reduce food subsidy by raising the price of sugar in ration shops, but the cabinet meeting to consider these moves has been deferred to next week. Sources said the government was also considering a proposal to increase the dearness allowance for central government employees by about 7%. This should come as a...

-The United Nations Argentina’s announcement that it would export an additional 2.75 million tonnes of maize this year will help ease tight international markets, the United Nations food agency said today, adding that while this is a welcome measure, countries must remain vigilante to avoid a global food crisis. According to the UN Food and Agriculture Organization (FAO), the announcement was made by Argentina’s Minister of Agriculture, Norberto Yauhar, who had just...

-PTI The Supreme Court on Thursday refused to stay loading of fuel for the nuclear power plant at Kudankulam but agreed to examine the risk associated with the project, saying safety of people living in its vicinity is of prime concern. “Public safety is of prime importance. There are poor people living in the vicinity of the plant and they should know that there life would be protected,” a bench of justices...

-The Business Standard SC's order on trial coverage is prone to misuse The Supreme Court has ruled that if publishing news concerning a trial creates “a real and substantial risk of prejudice to the proper administration of justice or to the fairness of trial”, the court could allow a postponement of its publication through an appropriate order. The order was passed on complaints that had alleged breach of confidentiality during the...