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Rs 47,500 crore as compensation to farmers in Nagapattinam (Tamil Nadu), may not affect ONGC’s financial health, but definitely it tells about its lack of operational excellence, despite its having over 33,000 staff on pay roll.

The Congress Party’s massive rally in New Delhi on November 4 was like sounding the bugle of its battle-readiness in the run-up to the 2014 elections, even if it was primarily intended to convey the UPA-II resolve to push ahead with its reforms agenda, including the most controversial FDI in multi-brand retail, for its brand of “inclusive growth”. Whatever the limited impact of FDI in retail trade, the agenda is yet to come up with resolving vital concerns of the people.

What was union minister Srikant Jena from Odisha’s Balasore doing all these years when illegal mining was taking place at next door Keonjhar? Presumably, he had known this even as a young minister of state for industry in 1979-80 in the then Janata Dal-led Orissa (now Odisha) government and later as a union minister of state for small-scale, agro and rural industries during April-November, 1990, again representing Janata Dal.

The European Union and 10 Latin American countries signed an agreement on 8 November 2012 settling the longest-running series of disputes in the history of the multilateral trading system.

BHOPAL: The liberal manner in which the representatives of leading business houses of the country showered praises on the MP Chief Minister Shivraj Singh Chauhan at the 'Global Investors Summit' held at Indore (Oct 28-30) has given rise to the hope that most of them will make massive investment in the State. A government spokesperson claimed that a total of 1018 MoUs worth Rs. 3.56 lakh crores were signed during the three-day summit.