NDA manifesto promises to revitalise reforms
A political consensus on the country's economic agenda doesn't seem to be far-fetched any more. The election manifestoes of the country's two largest parties are remarkably similar in intent on major economic issues.

Kerala Left sets its house in order
The fortnight-old dispute in the CPM-led ruling Left Democratic Front in Kerala has been settled. The two dissident partners RSP and NCP, which had threatened to quit the LDF if CPM refused to allot them their traditional Lok Sabha holds, Kollam and Kannur, have been forced to surrender unconditionally.

Banks square off bad debts in Mumbai realty deals
High-value property transactions in Mumbai in July were dominated by premium flats and swap deals where commercial banks squared off developers' bad debts.

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