India has approved long-awaited proposals to open up the retail market to global supermarket chains. Food Minister KV Thomas said the cabinet has agreed to 51% foreign ownership of multi-brand retail stores, allowing groups like Wal-Mart and Tesco to open stores. Such operators currently can only sell wholesale in India and not directly to customers. A decision on the issue has been pending for two years. Mr Thomas told reporters that the cabinet decided...

The audience, organisers, and fightersknow that sham wrestling is not to betaken seriously. But the World Economic Forum takes itself seriously. The comforting thing about the sham wrestling ‘championships' on television is that everybody knows they are a farce. Steroid-stuffed Cro-Magnons stomp the living daylights out of painkiller-primed Neanderthals. Good, unclean fun. The results are safely predictable. You should expect the 600-pound gorilla to overwhelm the 900-pound one in a staggering...

The new Chairman of the Press Council of India, Markandey Katju, wants to make it an instrument of mediation in addition to adjudication.   THE appointment of Justice Markandey Katju, a former judge of the Supreme Court, as Chairman of the Press Council of India is about the best thing that has happened to that body in a long while. It is no exaggeration to say that the PCI commands little prestige...

‘There is no such thing as self-regulation, every institution is accountable to the people.' We publish here an edited excerpt from a clarification issued by Press Council chairman Markandey Katju. The full text of his clarification can be read at www.thehindu.com. ‘No doubt, the media should provide some entertainment also to the people. But if 90 per cent of their coverage is devoted to entertainment, and only 10 per cent...

-The Hindu   Vice President Hamid Ansari has come out in favour of a media regulation framework, agreeing with Press Council Chairman Justice Markandey Katju that self-regulation has failed. “Collective self-regulation has yet to succeed in substantive measure because it is neither universal nor enforceable. Individual self-regulation has also failed due to personal predilection and the prevailing of personal interest over public interest,” said Mr. Ansari. He was speaking on the occasion of National...