-The Economist A new form of radical centrist politics is needed to tackle inequality without hurting economic growth BY THE end of the 19th century, the first age of globalisation and a spate of new inventions had transformed the world economy. But the “Gilded Age” was also a famously unequal one, with America’s robber barons and Europe’s “Downton Abbey” classes amassing huge wealth: the concept of “conspicuous consumption” dates back to 1899....

-The Economic Times Retail sector liberalisation has been revived and included in Prime Minister Manmohan Singh's package of big-bang reforms announced recently. This was to be expected as an element of the package since the influential minister Jairam Ramesh, who has access to Sonia Gandhi and is identified with her NGO-dominated set of advisers whose knowledge of economics is outweighed by their enthusiasm, had already announced his conversion to retail sector...

-CNN-IBN A kind of McCarthyism seems to be operating in the country. Just as the US Senator who gave the term its name saw communists lurking everywhere in the early 1950s, Arvind Kejriwal sees corruption behind every deal. He wants electricity consumers in Delhi not to pay bills, claiming that they are over-stated. He cites the cut in tariff which the former chairman of Delhi's electricity regulatory commission, Berjinder Singh, had recommended....

-The Hindu Farmers’ protest against the proposed 1,980-MW power plant in the trans-Yamuna Karchhna tehsil of Allahabad district entered its 777th day on Tuesday. While the district administration recently served a month’s ultimatum on the farmers to return the compensation they had received for land acquisition, the farmers told The Hindu that they would not be able to repay the amount, regardless of the ultimatum. Meanwhile, they say they will continue agitating at...

-PTI Prime Minister Manmohan Singh on Wednesday decried creation of “mindless atmosphere of negativity and pessimism” on the corruption issue and promised to strengthen the anti-graft law by including corporate failure to prevent bribery as a new offence besides other steps. “The mindless atmosphere of negativity and pessimism that is sought to be created over the issue of corruption can do us no good. It can only damage the nation’s image and...