-BBC   A report on a controversial bill to set up an anti-corruption watchdog has been submitted in India's parliament. The bill was tabled in parliament in August but was sent to a panel of MPs after protests from anti-corruption activists who said it was too weak. Anti-corruption campaigner Anna Hazare has rejected the new draft too, saying it does not go far enough as it does not include lower-level bureaucracy. He has announced plans...

The Durban climate talks finally ended more than 36 hours after the scheduled closure on Sunday early morning. The world agreed to a new global climate change regime that will come in to force starting 2020. India took over centre-stage as a force to reckon with, regained its position as the leader and moral voice of the developing world as the EU and the US were forced to address its...

Here's the wonderful thing about the FDI-in-retail debate: never have struggling Indian farmers found so many champions. They've been crawling out of the woodwork. Foreign direct investment in retail may be on hold, but Hillary Clinton can stop worrying about Anand Sharma and Pranab Mukherjee. “How does (Commerce Minister) Sharma view India's current Foreign Direct Investment guidelines? Which sectors does he plan to open further? Why is he reluctant to open multi-brand...

Following a move by the Central Government to further amalgamate regional rural banks (RRBs) in the country, employee unions are demanding the formation of a National Rural Bank of India (NRBI), by amalgamating all RRBs and de-linking of RRBs from the sponsor banks. Ministry view In a letter dated November 28 to the chairmen of sponsor banks of RRBs, the Department of Financial Services, Ministry of Finance, said that currently there are...

-The Business Standard   Finance Minister Pranab Mukherjee explained the government’s helplessness over inflation in the Rajya Sabha with great eloquence on Thursday. Much of what he said may have solid economic fundamentals, but the United Progressive Alliance (UPA) government cannot claim helplessness forever — not when the signs of the cracks it is creating in India’s rural prosperity are becoming so obvious. If any one thing that has protected the Indian...