-The Hindu The move to redefine 'handloom' is in the interest of powerloom operators who will be able to corner benefits meant for weavers "Any loom, other than powerloom; and includes any hyBRId loom on which, at least one process for weaving requires manual intervention or human energy for production." (The new definition of handloom proposed by Ministry of Textiles) The textile industry in India comprises three sectors - the mill, the powerloom and...

-The Times of India NEW DELHI: The Prime Minister on Friday called for a political consensus on "more difficult reforms", indicating that the government was considering a cut in fuel subsidy, which would mean higher petrol and diesel prices, and BRInging in measures to curb gold imports. Making a statement in the Lok Sabha on the current economic situation, Manmohan Singh admitted that the current account deficit had gone up sharply and...

-Frontline Riding roughshod over farmers' concerns, the Gujarat government notifies a project to develop the Mandal-Becharaji Special Investment Region, an industrial hub spread over 50,884 hectares, affecting 44 villages. But the villagers see it as a real estate scam and are determined to resist it. GUJARAT may soon have several new townships. The Narendra Modi-led government has proposed to set up 13 special investment regions (SIRs), which are essentially industrial hubs...

-The Times of India NEW DELHI: Concerns of industry took a backseat as political parties, spurred by the oncoming election season, joined hands in Lok Sabha on Thursday to pass the land acquisition bill that enshrines consent of landowners and steep hikes in compensation. As when the food security bill was passed earlier this week, competitive populism took centrestage with Congress toasting Rahul Gandhi as the inspiration behind the legislation and BJP...

-Reuters LONDON: Poverty and the all-consuming fretting that comes with it require so much mental energy that the poor have little brain power left to devote to other areas of life, according to the findings of an international study published on Thursday. The mental strain could be costing poor people up to 13 IQ (intelligence quotient) points and means they are more likely to make mistakes and bad decisions that amplify and...