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...
More »SEARCH RESULT
Safety priority for nuclear plants by MS Swaminathan
The stalemate in relation to the Kudankulam Nuclear Power Project (KKNPP) continues despite the ‘fail-safe’ certificate issued by former Indian President Abdul Kalam and the central panel of experts headed by A E Muthunayagam. The representatives of the people of that area are still saying, “We will never settle down for anything less than the scrapping of the KKNPP.” Srikumar Banerjee, secretary of the department of atomic energy, has expressed...
More »CCI will be vigilant after FDI in retail by Shalini Singh
-The Times of India The Competition Commission of India (CCI) has given an assurance that as a regulator, it is committed to discharging its legal mandate on any anti-competitive behaviour by potential entrants arising from the government's decision to raise the FDI limit to 51% in multi-brand and 100% in single brand retail. This statement is expected to soothe the nervousness of those with genuine concerns about the adverse competitive implications...
More »UGC announces phasing out of animal dissection by Aarti Dhar
Marking a major shift in zoology and life sciences curriculum which was being followed in the country for over 90 years, the University Grants Commission (UGC) has announced phasing out of animal dissection for experimental purposes at the undergraduate and postgraduate levels, replacing these by alternative models including virtual dissection. Animal ethics will also be included in the appropriate course to sensitise students. The decision was take based on the recommendations...
More »How the RSS co-opted Anna by Gyan Verma & Sreelatha Menon
This is a saga of how the Hindu outfit saw the promise in Anna and pursued him for its gains. How often do we meet strangers on a flight and realise that it could possibly be the beginning of a lasting friendship? This is how yoga teacher Ramdev and super cop Kiran Bedi met in mid 2010 when both of them were on the same flight and Ramdev spotted her. Although fate...
More »