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Adani Power lifeline may set precedent -Utpal Bhaskar and Maulik Pathak

-Live Mint CERC calls for a variable ‘compensatory tariff' to be offered to Adani Power till fuel SITuation stabilizes In an unprecedented move, India's apex power sector regulator offered a bailout package to Adani Power Ltd in a late Tuesday order to offset losses on account of the unexpected increase in the prices of imported coal and the unavailability of domestic coal for the company's 4,620 megawatts (MW) thermal power project at...

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Plastic waste time bomb ticking for India, SC says -Dhananjay Mahapatra

-The Times of India "We are SITting on a plastic time bomb," the Supreme Court said on Wednesday after the Central Pollution Control Board (CPCB) informed it that India generates 56 lakhtonnes of plastic waste annually, with Delhi accounting for a staggering 689.5 tonnes a day. "Total plastic waste which is collected and recycled in the country is estimated to be 9,205 tonnes per day (approximately 60% of total plastic waste) and...

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Autopsy shows all injuries to Kolkata student's body sustained before death: sources -Monideepa Banerjie and Mala Das

-NDTV Kolkata: It took nearly two and a half hours for the hearse of Sudipto Gupta, the 22-year-old student activist who died in police custody, to make its way from central Kolkata to the crematorium. Thousands paid tribute to him outside the office of the Students Federation of India, the student wing of the CPI(M), of which Mr Gupta was a member. Grief and anger filled the streets of the city as the...

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A question of standards, not principle-Vinay SITapati

-The Indian Express India is no insecure dictatorship junking international obligations for cheap populism. The highest court of the world's largest democracy has made a nuanced distinction between real innovation and marketing gimmickry. Yet, the Swiss pharmaceutical giant Novartis's response to the recent Supreme Court verdict in Novartis vs Union of India has been imperial in tone. The judgment "discourages innovative drug discovery", it claimed. It accused Indian law of lagging...

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Kisan Credit Cards: Bad loan bubble waiting to burst?-Dinesh Unnikrishnan

-Live Mint Subsidized loans given to farmers through KCCs could very well be the next big source of NPAs for banks Mumbai: A surge in exposure to farm debt through Kisan Credit Cards (KCCs) could emerge as a risk for India's state-run banks, according to experts. Subsidized loans are given to farmers through KCCs by state-owned banks. Until March 2012, the outstanding amount on such loans was`1.6 trillion through 20.3 million cards, as...

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