Business/Economy
Negative fallout across the spectrum - Rekha Jain, Economic Times
Trai's recent recommendations on auction of spectrum (April 23, 2012) have adopted a forward-looking framework on several aspects. The recommendations related to 'liberalisation' of spectrum, i.e., giving freedom to the bidders to use any technology or service in the allocated band rather than specifying it as a part of the licence, indicate a significant mindset change.
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Jobs fixed to rig freight scam probe - Josy Joseph, Times of India
The emergence of chief digital officer - Uma Ganesh, Financial Express
The rise and rise of MNC R&D - Sudhir Chowdhary, Financial Express
Will the real inflation rate stand up please? - Rajeev Malik, Business Standard
Clean chits - Sushila Ravindranath, Indian Express
Here's why Food Bill will cost more than we think - Prachi Mishra, Economic Times
H-1B visas biggest worry; new rules to hit Cognizant and TCS most - N Shivapriya, Economic Times
Jet-Etihad Deal: Has government tweaked national policy to pave way for it? - Binoy Prabhakar, Economic Times
Cyber bank heist spans 27 countries - Jessica Dye, Joseph Ax & Jim Finkle, Reuters
Posco closer to iron ore access on SC decision - Financial Express
India, US to jointly develop, produce defence equipment - Pranab Dhal Samanta, Indian Express
Industrial growth slows to 20-yr low of 1% in 2012-13 - Times of India
The flip-side of Bansal: Thriving black market of government jobs - Saubhik Chakrabarti, Economic Times
How do you prevent rupee trades? - Ila Patnaik, FinancialExpress
Delhi Press's bold gamble - Vanita Kohli-Khandekar, BusinessStandard
Squeezing India's airports - Bhupesh Bhandari, BusinessStandard
Configuring a 'non-toothless' Trai - Shyam Ponappa, Business Standard
Rs 28,000-crore IAF order up for grabs - Ajai Shukla, Business Standard
Foreign chains get leeway on back-end investments - Nivedita Mookerji & Nayanima Basu, Business Standard
Foreign airlines may soon get nod to fly Airbus A380 into India - Tarun Shukla, Mint
Murdoch’s Game Theory - Anushree Chandran, Financial Express
The end of social democracy - Manas Chakravarty, Mint
Who creates jobs? - Economist
Credit squeeze shackles exports - Anil Sasi, Indian Express
MCA agonised over fraud probe as cheat funds ran riot - Ashish Sinha & Rishi Raj, Financial Express
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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
A climate of India-baiting: Liberals love to deride George Bush, but Barack Obama's record is much worse - Jagdish Bhagwati, Times of India
A Hindu hell on earth: Families are being torn apart by their desperation to flee persecution in Pakistan - Andrew Buncombe, Independent
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Anwar is on song in Malaysia - MJ Akbar, Sunday Guardian
 
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