-Live Mint Tariffs reach at least Rs.4 per unit in many states, finds analysis, amid efforts to bail out state discoms Indian domestic consumers in 16 states are paying at least `4 per unit for power and in some cases even more, according to an analysis, thus giving the lie to the long-held axiom that raising tariffs is nearly impossible in India given the political compulsions. The finding also shows conclusively that...

-The Indian Express Report finds govt did not recover dues of Rs 750 cr from distributors. At a time when the opposition BJP plans to intensify protests against power tariff in Delhi, the Comptroller and Auditor General (CAG) of India's report for the 2011-12 fiscal has slammed the Delhi government for not recovering dues to the tune of Rs 750 crore from private distribution companies. The report, tabled on Tuesday in the Delhi...

-The Hindu   The water markets of Marathwada are booming. In the town of Jalna alone, tanker owners transact between Rs.6 million and Rs.7.5 million in water sales each day Thirst is Marathwada's greatest crop this season. Forget sugarcane. Thirst, human and industrial, eclipses anything else. Those harvesting it reap tens of millions of rupees each day across the region. The van loads of dried-out cane you see on the roads could end...

-DNA Funds meant for health and nutrition of children are being spent on procuring fax machines, photocopiers, gas stoves and cookers. Adding salt to injury is that all these gadgets are lying idle and rusting, due to lack of electricity, telephone lines and for want of gas connections. The Comptroller and Auditor General (CAG) which audited the performance of Integrated Child Development Services (ICDS) scheme worth Rs. 15,460 crore annuallyhas found shortfall...

-The Times of India More than five months after the CBI began investigating Coalgate, the agency is yet to receive hundreds of files from the coal ministry as it probes charges of criminality in allocation of coal blocks to private players. Although CBI has been sifting through an enormous mass of information regarding coal block allocations that the CAG has said caused a loss of Rs 1.86 lakh crore to the government,...