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Today China, tomorrow the world
ICBC-Standard Chartered: Industrial and Commercial Bank of China is already the world’s biggest bank – but it could be bigger and broader still. The time may have come to pursue a longstanding idea of a deal for emerging-markets lender Standard Chartered. While the combination was often rumoured before the financial crisis, in a more stable world it makes more sense than ever.

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Tough drill
While any restructuring of its humongous debt in a difficult operating environment is a positive for the Aban stock, the upsides are priced in.
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Displaced tribals be compensated, says Manmohan

The government today admitted its failure in dealing with the losses suffered by tribals in land acquisition for various projects, but said one solution was that tribals must benefit from the projects for which they had been displaced. - Tribals areas can"t be developed under shadow of gun: PM - Sanjaya Baru: Time to get our fiscal act together">Sanjaya Baru: Time to get our fiscal act together - A K Bhattacharya: Pranab's trump card">A K Bhattacharya: Pranab's trump card - Sunil Jain: Is Manmohan the Raja?">Sunil Jain: Is Manmohan the Raja? - State of the states - Mayawati protests sugar price move, writes to PM Prime Minister Manmohan Singh said the government needed to improve its laws and mechanisms through which “we provide compensation to displaced tribals”. He was speaking at a conference attended by chief ministers, state tribal welfare and forest ministers. The two-day meeting has been called to expedite distribution of land ownership titles to forest dwellers under the Forest Rights Act. Several industrial projects have been held up thanks to tribals’ opposition to land acquisition, especially in states like Orissa, Chhattisgarh and Jharkhand. In Orissa, Vedanta Resources’ mining project in Kalahandi has been held up for years, while tribal opposition has made it difficult for Korean steel major Posco to acquire land in the state.


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