-The Hindu Chandra denies knowledge of any deal between editors and JSPL The Delhi Police Crime Branch has detected several contradictions in the statements of Zee chairman Subhash Chandra and his two editors who have been arrested for allegedly attempting to extort Rs.100 crore from Jindal Steel and Power Limited in the form of advertisements for diluting the campaign against JSPL in connection with the coal block allocation scam. To almost all the...

-Live Mint Decline came as labour productivity grew 7.6%; wage growth remains far below pre-crisis levels globally  India’s real wages fell 1% between 2008 and 2011, while labour productivity grew 7.6% in the same period, International Labour Organization (ILO) data showed on Friday, indicating that the benefits of the country’s economic growth didn’t translate into better pay for workers in the aftermath of the global economic crisis. In contrast, China’s real wage growth...

-CNN-IBN The Opposition is crying foul over reports of global retail giant Walmart lobbying US lawmakers to get into India. The BJP and the Left Front joined hands to collectively take on the government, demanding an inquiry into reports that Walmart had spent Rs 125 crore on lobbying with US lawmakers to facilitate its expansion into markets including India over the past four years. The BJP, in fact, compared it to...

-NDTV A day after the UPA government won Parliament's approval on its proposal to allow foreign direct investment or FDI in multi-brand retail, Prime Minister Manmohan Singh has said FDI will create a revenue model for farmers. "FDI has been passed by Parliament and it was strongly supported by organisation in Punjab. Agriculture and food retail business will be benefited by it, farmers and consumers will be benefited by FDI," the Prime...

-The Hindu The climate talks continued here on Saturday with Conference of Parties (COP) 18 president Abdullah Bin Hamid Al Hattiyah of Qatar pushing for a conclusion, while accepting that everyone was unhappy with the proposals, but at the same time wanting an outcome. After a BRIef informal plenary in the morning where Mr. Al Hattiyah asked ministerial outreach groups on key issues to report back after consultation, the plenary convened BRIefly...