-The Hindu Property empire was built on soft loans handed out in unusual circumstances, documents show In February, as rumours of the ambitions of Congress president Sonia Gandhi’s son-in-law swirled amidst the heat and dust of the election campaign in Uttar Pradesh, her daughter Priyanka moved to scotch speculation about Robert Vadra’s possible political future. “He’s a successful businessman,” the younger Ms. Gandhi said of her husband, “who is not interested in changing...

-The Economic Times A new book by Bibek Debroy on Gujarat looks at how this much-talked about state has performed in economic terms. The author argues history, luck and administrative clarity have been the determining factors. There has been a discernible pickup in Gujarat's growth performance since the 10th Plan (2002-07), the five-year Plans being natural periods for breaking up the timeline. It's tempting to argue that there is nothing exceptional in...

-The Hindu FDI cap in insurance raised to 49%; foreign investment in pension sector allowed; new Companies Bill 2011 cleared Notwithstanding the strong opposition to its reforms agenda, the Manmohan Singh government on Thursday pressed ahead with more big-ticket reforms, raising the FDI cap in the insurance sector to 49 per cent, opening up the pension sector for foreign investment and clearing the Companies Bill, 2011. It also approved amendments to the...

-First Post It is impossible to talk about Indian publishing without discussing Samir Jain, whose invisible hand  guided The Times of India group to become  India’s – and probably the world’s – most profitable media company. Despite its relatively small size in the global league (Rupert Murdoch’s NewsCorp is 20 times bigger in terms of revenues), Jain’s Bennett, Coleman & Co Ltd (BCCL) packs a huge punch and is Indian publishing’s...

-Tehelka Policy flaw lets private players jack up prices and siphon off massive government subsidies. TO DROUGHTS and abject poverty, farmers can add another crisis: sky-rocketing fertiliser prices. The issue has prompted eight chief ministers of large states to seek the intervention of the Ministry of Chemicals and Fertilisers (MoCF) in the matter. Consider, for example, di-ammonium phosphate (DAP) and muriate of potash (MoP), two fertilisers that used to have massive demand...