Politics/Nation
Kidnapping OK in war-like situation - Vishwa Mohan, Times of India
With the Chhattisgarh government getting ready to formally begin its negotiation from Thursday to get abducted Sukma district collector Alex Paul Menon released, B D Sharma - one of the Maoist handpicked negotiators - on Wednesday said that he did not condemn the abduction which, he claimed, had happened in a "war-like" situation. 
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Under-fire rail minister Pawan Kumar Bansal resigns: TV reports - HindustanTimes
Nothing has changed since 1997 judgment, Vineet Narain says - Abhinav Garg, Times of India
Cong may sack Kumar, Bansal for axe effect - PR Ramesh, Economic Times
Even PM can’t interfere with CBI probe: Supreme Court - Manoj Mitta, Times of India
Siddaramaiah set to win race for Karnataka top job - Subodh Ghildiyal, ToI
Won’t go back to BJP, says BSY - Kestur Vasuki, Pioneer
Boost for pro-Madani campaign? - VR Jayaraj, Pioneer
‘A matter of time’ before action on two Ministers - Smita Gupta, Hindu
Uttarakhand high court bars Arya Samaj from issuing marriage certificates - DS Kunwar, Times of India
Railway minister’s nephew is director of Canara-HSBC JV - Rohan Dua, ToI
WikiLeaks: Pranab was removed as Defence Minister because he could not generate party funds - Sachin Dixit, NitiCentral
Karnataka results analysis: BJP’s mistake was removing Yeddy from Delhi - R Jagannathan, FirstPost
3 contenders for Karnataka CM’s post - K Giriprakash, Business Line
Mamu will fix Kumar’s posting, Singla boasted - Neeraj Chauhan, Times of India
Canara Bank loans to Bansals under cloud - Rohan Dua, Times of India
1984 Anti-Sikh riots: United opposition exhorts Prez to intervene for SIT - Pioneer
BSY proves fatal for BJP - Kestur Vasuki, Pioneer
Ashwani Kumar and Pawan Bansal squirm as their future hangs in balance - IE
SC tears into CBI and PMO, says ‘heart of report changed’ by government - Abhinav Garg, ToI
Congress wins clear majority in Karnataka after 14 years, BJP reduced to joint 2nd with Gowda - ToI
Yeddyurappa’s exit sealed BJP’s fate - Shekhar Iyer, HindustanTimes
Karnataka Election: BJP’s messy governance helps Congress win - TS Sudhir, FirstPost
Coalgate: SC slams govt's interference calls CBI a caged parrot - ToI
Advanced Agni-6 missile with multiple warheads likely by 2017 - Ajai Shukla, Business Standard
Sonia wants Ashwani Kumar, Pawan Kumar Bansal to quit: Sources - CNN-IBN
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Verbatim

There was for years an old "social contract" between politicians and business. This provided for complex rules and regulations that made it impossible to do business honestly in many fields. But it was possible to do business dishonestly, through pay-offs . Some called this "efficient corruption" : politicians took money and delivered clearances. However, the anti-corruption mood of the courts, and new fears of getting caught (like Pawan Bansal) have ended "efficient corruption" . Politicians may still take money but not deliver on clearances , what some call "inefficient corruption" that freezes investment and growth. The old social contract has broken down.
Swaminathan SA Aiyar
 

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Double whammy strikes the UPA and negates Karnataka victory - Sandeep Bamzai, Mail Today
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