TODAY, India is considered around the world as a rapidly developing country posting economic growth rates of around 8-9 percent consistently over the last several years. Along with China, which is much further ahead, India is seen as a powerhouse of the global economy in the decades to come and already it is home to a very large number of dollar billionaires, perhaps the largest such number in Asia. In...

-The Telegraph   Tata Motors refused stay by Calcutta High Court, government takes Delhi precaution Tata Motors said tonight the company would move the Supreme Court after failing to obtain a stay order against land distribution in Singur from Calcutta High Court after two attempts. “As per the country’s legal procedures, the company will agitate the matter before the Supreme Court,” it said. The statement came at the end of a day during which...

-PTI   The West Bengal government today submitted before the Calcutta high court that it was not against the Tatas but in favour of farmers and employment generation. Contesting the Tata Motors Ltd prayer that the Singur Rehabilitation and Development Act 2011 be declared unconstitutional, senior counsel for the government Saktinath Mukherjee submitted before Justice Saumitra Pal that the government was answerable to the people as 1000 acres of fertile land was...

-The Business Standard   Government today said the Land Acquisition Amendment Bill will include the recommendations made by Sonia Gandhi-led NAC, and once passed, the legislation will ensure that there are "no more Singurs" in the country. "The recommendations of the NAC will be included in the Land Acquisition bill...There will be no more Singurs. It will support the aspirations of the people," Law Minister M Veerappa Moily told reporters here. The Law...

-Express News Service   The Centre said on Monday the Land Acquisition (Amendment) Bill would include the recommendations made by Sonia Gandhi-led National Advisory Council (NAC), and, once passed, the legislation would ensure that there are “no more Singurs” in the country. The NAC has prescribed a seven-point test for a having a humane legislation on land acquisition and rehabilitation. “The recent recommendations of the NAC will be included in the Land...