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Confident government agrees to vote on FDI

-The Times of India The gridlock in Parliament over foreign direct investment in multi-brand retail is set to ease with the Manmohan Singh government - armed with ally DMK's support - dropping its resistance to a discussion under a rule that necessitates a vote. The detente over FDI could see fresh discussion between the ruling coalition and BJP over the winter session's legislative agenda with parliamentary affairs minister Kamal Nath expected to...

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Most of India worried about jobs and inflation this Diwali -Gaurav Choudhury

-The Hindustan Times As Prime Minister Manmohan Singh and his team pull out all stops to  shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries. A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting...

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Rs 113-crore scam rocks PWD-Ravikiran Deshmukh

-Mid Day Senior PWD officials in collusion with contractors used bogus bills to issue cheques to withdraw state funds from RBI; cops took six months to register FIR despite complaint in April.  Mumbai: One of the biggest scams in recent times has come to light at the state administration level, involving senior officials of the Public Works Department (PWD) and fraudulent withdrawal of Rs 112.58 crore from government accounts.  It is said that bogus...

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Rising incomes fuel rural spending on proteins

-The Times of India Rural India is spending more on protein products such as milk, eggs and meat due to rising income as overall spending by Indians on protein foods doubled to Rs 2 lakh crore in 2009-10 from 2004-05, a study showed on Monday. The study by ratings agency Crisil said that two-thirds of this spending came from rural households. But while more rural Indians are getting protein in their diets,...

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Aadhaar will now be used as identity proof, for bank KYC -Siddharth & Surojit Gupta

-The Times of India Submitting photocopies of identity and address proof for opening a bank account, buying insurance or getting a mobile connection could soon be a thing of the past. Instead, it would all be there at your finger tips. The Unique Identification Authority of India ( UIDAI) is ready with electronic know-your-customer authentication (eKYC) service which will pave the way to provide identity and address proof by just providing your...

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