-The Telegraph An outcry against the LPG policy at the day-long Surajkund Congress conclave today forced Veerappa Moily to assure the party of some relaxation on the cap of six subsidised cylinders. As most speakers disagreed with the cap and stressed that it could impact the party’s poll fortunes, the petroleum minister said: “We are already examining the matter. I will consult the Prime Minister and the finance minister and see how...

-The Telegraph The Supreme Court today refused to stay field trials of genetically modified food crops for now despite a court-appointed panel recommending a 10-year moratorium, after the Centre said such a freeze would hit food security for a growing population. The five-member technical expert committee’s (TEC) interim report had advocated the moratorium till the country improved its regulatory system for GM field trials to ensure proper evaluation of these crops’ health,...

-The Hindu It will be a blow to Indian science, it says The Centre on Friday informed the Supreme Court that the recommendations of the Technical Expert Committee (TEC) seeking a 10-year moratorium on field trials on Genetically Modified (GM) crops will be highly detrimental and will not be in national interest. “Based on current overall status of food safety evaluation of Bt. Transgenics, including the data on Bt. Cotton and Bt. Brinjal...

-The Business Standard A study has found that the poor households earned a total of Rs 1,545 cr, spent a total of Rs 1,185 cr, and contributed a savings of Rs 360 cr to the city in 2011 Urban poor living in slums of Bangalore contribute 3-3.5 per cent of the City’s Economy. About 9-11 per cent of the city’s population that lives in slums contribute between Rs 1,643 crore to Rs...

-Live Mint Flexible labour laws in India cannot solve the problem of weak job growth and the poor quality of employment  The theme of the World Bank’s World Development Report this year is, appropriately enough, jobs. The report recognizes that creating jobs is the surest way of reducing inequality and poverty, particularly in the developing world. But the cliché it offers as a solution is disappointing: relax labour laws. The bank has...