-The Economic Times NEW DELHI: The Central Bureau of Investigation (CBI) has said Walmart's $100-million investment in Cedar Support Services, the holding company of Bharti Retail, in 2010, violated India's foreign exchange rules as well as Reserve Bank of India (RBI) guidelines but said as these violations did not fall within its purview, it cannot investigate the matter. "The case was analysed which reveals violations of RBI guidelines and Fema regulations," the...
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The chimera of Dalit capitalism -Nissim Mannathukkaren
-The Hindu The recent launch of the first Dalit venture fund occasions an examination of the moral and ethical emptiness of capitalism History shows that where ethics and economics come in conflict, victory is always with economics B.R. Ambedkar If only Milind Kamble, founder of the Dalit Indian Chamber of Commerce and Industry (DICCI) and Chandra Bhan Prasad, Dalit thinker, columnist and DICCI mentor, had imbibed the wisdom of Manning Marable's How Capitalism Underdeveloped...
More »Eco concerns delay river-bed mining -Manpreet Randhawa
-The Hindustan Times Chandigarh: Ecological issues have delayed the start of river-bed mining, an idea propagated by Punjab deputy chief minister Sukhbir Singh Badal with the aim of extracting enough sand not only to meet the growing demand but also to control its skyrocketing rates in the market. The plan may not be implemented immediately as the proposed quarries would require clearance from the state environment impact assessment authority. Also, environmentalists fear...
More »Protect, don’t snoop
-The Hindu Much like the space it aims to protect, India's cyber security policy, launched this week, is characterised by a striking duality of purpose. On the one hand, it seeks to guard, and thus strengthen, the country's strategic assets and online intelligence infrastructure. On the other, it hopes to secure the transactions of citizens, companies and public services on the web. The latter, more enabling goal is intended to...
More »Food price rise pushes demand for pre-cooked, ready-to-eat food items-Mahesh Kulkarni
-The Business Standard Fear of bad monsoon has suddenly hiked vegetable and fruit prices by about 300% from the farm to your dining table Bangalore: Steep rise in prices of fruits and vegetables has resulted in over 55% of middle and low-income group families opting for pre-cooked and ready-to-eat food items to keep the kitchen budget intact, according to a survey. "The fear of bad monsoon has suddenly hiked the vegetables...
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