-The Times of India State-run fuel retailers on Saturday reduced petrol price by Rs 1.68 per litre, excluding state taxes. This means consumers in Delhi would pay Rs 2 less per litre at pumps from midnight and will see an additional 92 paise reduction next week after the local government notifies a reduction in the value added tax (VAT). In other states, the extent of decline would vary by a few paise...

State-run fuel retailers don't tire of flashing their "autonomy" to justify raising petrol price. But when it came to a reduction on Thursday, they suddenly appeared to have developed political bones: the three oil marketers firms hastily pulled back plans to cut price by Rs 1.60 or so, excluding taxes, to prevent the opposition from taking credit. The retailers had raised petrol price by Rs 6.28, excluding taxes, on May 23....

-Reuters SUPALI: Two years ago, Vilas Yelmar took out a 200,000 rupee ($3,610) bank loan to develop a small grape orchard in a dusty hamlet southeast of Mumbai. The bank has repeatedly asked for the loan to be repaid, but Yelmar, whose annual income has risen to 2 million rupees, has spent the money on a new sport utility vehicle and a lavish family wedding. He is one of an increasing number...

Computers in primary school classrooms are not inherently a good thing I read with interest the report on the Central Advisory Board of Education on the use of technology in education, and broadly agree with their conclusion that computers should not enter the classroom until upper primary school level. The modern fascination with new technology makes me think of what Henry David Thoreau said: “Our inventions are wont to be pretty toys,...

A probe panel of the road ministry has recommended a CBI investigation into allegations of fraud against private contractors involved in the Lucknow-Muzaffarpur highway project. The inquiry committee, instituted by the Ministry of Road Transport and Highways, supported findings of the World Bank Institutional Integrity Unit report, which alleged fraudulent practices and graft by private contractors involved in the Lucknow-Muzaffarpur highway project. The committee, formed in April by minister CP Joshi, recommended...