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Walmart's investment in Cedar violates FEMA, RBI rules: CBI -Rasul Bailay

-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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Amartya Sen: India's dirty fighter-Madeleine Bunting

-The Guardian Half of Indians have no toilet. It's one of many gigantic failures that have prompted Nobel prize-winning academic Amartya Sen to write a devastating critique of India's economic boom The roses are blooming at the window in the immaculately kept gardens of Trinity College, Cambridge and Amartya Sen is comfortably ensconced in a cream armchair facing shelves of his neatly catalogued writings. There are plenty of reasons for satisfaction...

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Robust TN model food for Sonia's thought -Shyam Balasubramanian

-The New Indian Express Chennai: Tamil Nadu Chief Minister J Jayalalithaa has emerged among the strongest voices against the Food Security Bill, which is being pushed by the UPA government. She recently wrote to the Prime Minister asking him to exempt Tamil Nadu from the implementation of the ordinance that brought the Food Security Bill into force. Apart from the political overtones that such a request might be seen to have,...

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India's food security bill: an inadequate remedy?-Ravi S Jha

-The Guardian A landmark bill to make the right to food a legal entitlement is mired in controversy over its failure to address a flawed public food distribution system, misplaced priorities and exclusions India has an over abundance of food grains stocked in warehouses, yet millions of India's poor are left without food. Development practitioners and NGOs are in favour of disbanding the current food security system, the public distribution system (PDS),...

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I&B seeks Trai, Press Council of India view on FDI

-The Times of India NEW DELHI: Information and broadcasting (I&B) ministry has sought the views of regulator Trai and Press Council of India (PCI) on an increase the cap on FDI in media. This was described as a consultation process by ministry sources who said that nothing was being changed right now. Earlier, a committee headed by economic affairs secretary Arvind Mayaram had recommended an increase in the FDI limit in print...

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