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Open and shut-Ila Patnaik

-The Indian Express FDI in retail will bring competition to non-tradable services, and make Indian firms globally competitive India removed barriers to trade in goods in the 1990s. Removing protection brought global competition and raised productivity. But introducing global competition in services is harder. In certain services that are tradable, like legal or financial services, the removal of trade barriers can introduce competition and increase productivity. But these often involve complicated and...

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Trafficked maids to order: The darker side of richer India

-CNN-IBN Inside the crumbling housing estates of Shivaji Enclave, amid the boys playing cricket and housewives chatting from their balconies, winding staircases lead to places where lies a darker side to India's economic boom. Three months ago, police rescued Theresa Kerketa from one of these tiny two-roomed flats. For four years, she was kept here by a placement agency for domestic maids, in between stints as a virtual slave to Delhi's...

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Why not levy 25% green tax on diesel cars, Supreme Court asks -Dhananjay Mahapatra

-The Times of India The Supreme Court on Monday sought the Centre's response to a radical plea for collection of 25% of the cost of a diesel car or SUV sold in the National Capital Region as green tax at the time of its purchase to deter people from buying more polluting personal vehicles and help fight the growing levels of pollution in Delhi. The court also sought the Union government's response...

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Over the top-Kalpana Sharma

-The Hoot The coverage given to Thackeray’s death by some television channels was overwhelmingly disproportionate to his contribution to people’s well-being. The comments made by the “experts” were toned by the fear of Sena reprisal, says KALPANA SHARMA. Can Indian news television plumb greater depths? The blanket coverage of Bal Thackeray’s death and funeral on some channels would make any self-respecting journalist hang her head in shame. What were they thinking?...

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Has the 2G spectrum auction really been a failure?-Surajeet Das Gupta

-The Business Standard Deconstructing the numbers shows companies have bid smartly to get the best deals The recently concluded sale of 1,800-MHz spectrum through auction to telecom service operators, or telcos, has been declared a damp squib for two reasons: One, only five telcos participated in the auction; and two, the bids added up to Rs 9,407 crore, which was less than a third of the Rs 30,000 crore the government had...

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