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Amid slugfest with BJP, PM hints at hiking fuel prices, curbing gold imports

-The Times of India NEW DELHI: The Prime Minister on Friday called for a political consensus on "more difficult reforms", indicating that the government was considering a cut in fuel subsidy, which would mean higher petrol and diesel prices, and bringing in measures to curb gold imports. Making a statement in the Lok Sabha on the current economic situation, Manmohan Singh admitted that the current account deficit had gone up sharply and...

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Villagers demand justice for Dalit girl’s death in Haryana-Divya Trivedi

-The Hindu Jind (Haryana): "They brought the body to the morgue and asked the women to take a look. Her body was lying sprawled on the stretcher and her neck seemed broken. Her arm was twisted inwards at the wrist as if by force. Her feet seemed to have been tied with a strong rope and her salwar was drenched in blood. There were round burn marks around her neck and...

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Planning Commission to approach Cabinet with mechanism for PPP disputes

-PTI NEW DELHI: The Planning Commission will approach the Cabinet next month with a draft bill for an institutional mechanism to speedily resolve issues related to public contracts and a separate note on the progress of PPP projects with remedies to solve problems faced by them. "The Planning Commission is in the final stages of drafting a bill for setting up an institutional mechanism to address issues hampering Public Private Projects (PPP)...

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Growth slowest in four years

-The Telegraph The Indian economy grew at just 4.4 per cent in the first quarter ended June 30 - its slowest pace in four years. The grim figure deepened worries for the UPA government, which has been battling criticism over its failure to halt the slide in the rupee, cap deficits, ignite growth and slam the lid on inflation. The tepid growth had been anticipated with finance minister P. Chidambaram acknowledging a few...

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Populism unites parties, helps land bill sail through Lok Sabha

-The Times of India NEW DELHI: Concerns of industry took a backseat as political parties, spurred by the oncoming election season, joined hands in Lok Sabha on Thursday to pass the land acquisition bill that enshrines consent of landowners and steep hikes in compensation. As when the food security bill was passed earlier this week, competitive populism took centrestage with Congress toasting Rahul Gandhi as the inspiration behind the legislation and BJP...

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