Author: Kumar Sunil

AS the Government went into Paralysis with Scams and massive Corruption in every nook and corner of the country, Regulators became super active. Thanks to the Honorable Supreme Court of India delivering Landmark judgement in Telecom Spectrum Scam which gave a big boost to other Lower Courts and other Institutions to deliver Justice without any fear or greed.

A year ago, we had published the dark side of Union Minister KamalNath openly demanding his cut in awarding Highway Tenders. During his regime as Commerce Minister (more…)

India’s headline inflation rate (Wholesale Price Index, WPI) accelerated to 7.23% YoY in April 2012, compared to 6.89% YoY in March 2012. The acceleration in headline inflation was driven by higher food inflation, which was in turn driven by higher prices of vegetables and oilseeds. The final inflation data for February 2012, was revised higher to 7.36% YoY from 6.95% YoY reported earlier.

Food articles moved substantially higher to 10.5% from 9.9% last month, due to an upturn in vegetables, pulses, and cereals. Manufactured FOOD prices edged higher to 6.5% in April from 5.9% the previous month.

Non-Food Articles were back (more…)

In our recent report, on the emergence of United States of India, we had written about the rise of Regulatory Powers to Curb Corruption at High Places including Central Government Ministries. We’d like to prove one such point involving the Food Corporation of India which for over 8 years bought Supplies from 3 companies and everybody from the Food and Civil Supplies Ministry to the CEO of the company were hand in Glove in the operation.

CCI – Competition Commission of India – IN CCI’s report dated 23 April 2012, (more…)