With the standing committee on the Lokpal receiving as many as 17 dissenting notes, the Congress managers are racing against time to narrow down major differences between the two camps.

Top bosses of Indian air carriers today met Prime Minister Manmohan Singh to seek government help for the cash-strapped airline industry including rationalisation of taxes on jet fuel.

The recent CAG reports on the civil aviation and hydrocarbons sectors reflect that dubious decisions plague India's governance. The auditor general has brought to notice that the country is shackled by an archaic superstructure that is not in sync with an economy on the threshold of crossing $2 trillion.

Inept and dishonest environment impact assessments tip the scales against Nature. Not only are there numerous many instances of faulty environment impact assessments, but the routine manner in which the government clears them is also alarming.

The finance ministry had late last month submitted its findings to the Prime Minister's Office and the anti-corruption watchdog, among others, relating to the complaint forwarded to it by the CVC.

Dealing with the Downgrade: The Great American Dream has not exactly ended, but economists, policy makers, traders and the public are spending some sleepless nights trying to figure out whether all is well with the world's economic superpower.

The wrenching churn of global equity markets may just be the perfect setting to usher in India's next growth wave: reforms of its institutions that have played an important role in its high growth. However, the key question remains - whether India's institutions are up to dealing with an economy on the threshold of touching $2 trillion.

\"The Approach Paper to the 12th Plan (2012-17) is likely to be placed before the Prime Minister on August 20 at his residence,\" a source privy to the development said.

Ruling out any privatisation of the state-owned carrier, the government promises administrative and monetary steps to turn it around. It also assures of a action against officers responsible for the losses.

Prime Minister Manmohan Singh has written to President Pratibha Patil, recommending changes in the Union Council of Ministers and requesting that the oath of office and secrecy be administered at 5 pm on Tuesday.

Days after a CAG draft report said his firm got out of turn favours from the oil ministry and its technical arm DGH, Reliance Industries Chairman Mukesh Ambani on Friday met Prime Minister Manmohan Singh.

State-owned Oil and Natural Gas Corp's (ONGC) Rs 11,500 crore share sale is likely to be deferred for the third time as government failed to keep timelines for appointment of independent directors on the company board.

The previous Andhra Pradesh Chief Minister K Rosaiah had communicated the proposal for setting up a major port in the state to the PMO and had also suggested two locations.

Anna Hazare's fast has brought back the spotlight on the shortcomings of the Lokpal Bill.

The oil ministry has informed the PMO that the delay has occurred because Cairn Energy India had applied for the mandatory clearances three months after it had announced the deal.

Finance Minister Pranab Mukherjee is either incredibly clever or a budding illusionist. Little else can explain his presentation of the Union Budget on Monday, February 28.

The RBI governor and former finance secretary D. Subbarao tells the PAC that the finance ministry had informed the PMO about the reservations it had on the 2G licence distribution.

In the Cabinet reshuffle, a number of ministers with not so great performance records have been moved around but few have got portfolios less important than their current jobs. None of the ministers seem to have got what they had wanted.

Prime Minister Manmohan Singh on Wednesday rejigged the Union Cabinet. Praful Patel, Sriprakash Jaiswal and Salman Khursheed wereelevated as Cabinet ministers. Jaipal Reddy has been shifted to Petroleum whileKapil Sibal retained telecom and HRD.