-NDTV   The report of the government's auditor - the Comptroller and Auditor General - has been tabled in Parliament. Among those it faults for mismanagement are Delhi Chief Minister Sheila Dikshit and the Lieutenant Governor Tejinder Khanna. These are the highlights of the 800-page report:     * There are 33 audited entities; 33 chapters, 743 pages       * The unique challenge of monitoring activities of multiple agencies should have been met...

-The Telegraph   The government may introduce dual rates for diesel — with the price of the fuel higher in Cars and commercial power compared with the price for truckers and farmers — to prevent its misuse. During a parliamentary debate on the price rise, Opposition leaders asked finance minister Pranab Mukherjee if the government would withdraw subsidy benefits on diesel used by premium Cars and commercial users such as telecom tower...

Plan to levy market rate on owners of luxury Cars Faced with growing diesel consumption and rising under recoveries, the Union government on Thursday said it was working on “dual pricing of diesel” wherein luxury car owners could be asked to pay the market rate and subsidised diesel restricted to farmers and the transport sector. “These proposals are being considered by the Finance Ministry,” Petroleum and Natural Gas Minister S. Jaipal Reddy...

Steelmakers and mine owners, reeling under a ban on mining in Karnataka, are keeping their fingers crossed about the Supreme Court hearing scheduled on Friday. The uncertainty in iron ore and the resultant rise in ore prices have led the steel industry to actively consider an upward revision in prices, just days after most companies mentioned of keeping product price levels unchanged. "Iron ore spot prices have been rising by $1-2 daily...

The Supreme Court is set to deliver a decision on a constitutional challenge by private schools Private schools around the country are waiting for the Supreme Court to issue a judgement in a constitutional challenge to a 15-month-old law that enforces free and compulsory education as a fundamental right, after hearing was concluded last week. The government, through the Right of Children to Free and Compulsory Education Act, 2009, or RTE, had...