The truth about the Indian media’s increasing reliance on revenues from news that has been paid for, has long been shrouded in half-truths, corporate denials and misleading information in carefully sifted reports sent out by regulatory bodies. While the national media, flush with high TRP ratings and advertising revenues, is patting itself on its self-righteous back for relentless coverage of the public protests against corruption in high places, it is...

The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...

Tired of its own inefficiency in plugging leaks and ensuring timely delivery of ration, the Madhya Pradesh government has decided to take the privatisation route to improve its ailing Public Distribution System. The new system is being put in place by a corporate consortium led by HCL Infosystems with Edenred India Private Ltd ― a subsidiary of corporate meal voucher provider and multinational hospitality giant Accor ― and Virgo Softech Pvt....

The Supreme Court has converted a high-powered committee of the Government of India, on the issue of black money, into an SIT under its own direction. This is an expression of no-confidence in the executive. The government’s intention in tackling either the problem of black economy or bringing back the black savings stashed abroad is suspect. According to reports, the money stashed abroad by the corrupt businessmen, politicians and others...

-The Hindu   The Right to Food Campaign on Tuesday appealed to Prime Minister Manmohan Singh to set aside the government draft of the Food Security Bill which “minimises government's obligations, restricts people's entitlements and is devoid of any accountability”. Rejecting the government's draft Bill, the Campaign gave a national call for action. In an open letter to the Prime Minister, the Campaign said the draft Bill approved by the Empowered Group of...