-The Hindu It took nearly three years for the Reserve Bank of India (RBI) to give a final shape to the government’s decision to let more players in the private sector banking field. That by itself offers a clue to the divide in thinking between the fiscal and monetary managers of the Indian economy. When it did come out with guidelines for “Licensing of New Banks in the Private Sector”, the...
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RIL gives half of documents sought by CAG
-PTI Reliance Industries has provided half of the documents sought by CAG and promised to give most of the remaining when the auditor returns to audit its spending on the flagging KG-D6 fields. RIL provided half of the documents to the team of the Comptroller and Auditor General (CAG) during their three-week stay at the company's office at Mumbai beginning January 9 and wrote to it that the rest, barring a small...
More »No news is bad news-Ramnath Bhat
-The Hindu Regulating content on community radio is detrimental to its efforts to engage with local communities The Ministry of Information and Broadcasting (MoIB) organised the 3rd National Community Radio Sammelan from February 9 to 11 to celebrate a decade of community radio. The celebrations were cut short when Secretary to MoIB Uday Kumar Varma confirmed that community radio stations would not be allowed to broadcast news for some time to come....
More »Debt crushes bonded labourers in Kota’s quarries-Anumeha Yadav
-The Hindu Kota, Rajasthan: The sun is about to set over grey-brown slabs in sandstone quarries in Kota district, Rajasthan. Babulal Khairwa sits at the edge of a quarry and attentively hits a taanki, a chisel shaped like a gigantic nail, placed on the stone with a hammer. Babulal hits the stone with the hammer till it cracks in a straight line. Each 2 by 10 square feet foot slab, or...
More »Govt refuses info on Kasab's mercy plea -Himanshi Dhawan
-The Times of India Government cited the Constitution to deny information on the Mumbai terror attack convict Ajmal Kasab's mercy petition. The ministry of home affairs rejected an RTI application filed by activist Venkatesh Nayak saying it was "privileged information" under article 74(2) of the Constitution. The Rashtrapati Bhawan went a step further to say that the information is not held in a "subject-wise manner." Nayak had in January sought information for...
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