-The Hindu FDI is a debt inflow or liability foreign exchange because the profits or returns it generates will have to be repatriated. Will FDI in retail, single brand, banking or insurance enhance our foreign exchange earning capacity? Do they bring technology to the economy? There is so much of talk going around in all circles regarding FDI. Politicians, for obvious reasons, speak a language of their own, driven by ulterior motives....
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Govt working on norms to protect trade secrets -Subodh Ghildiyal & Sidhartha
-The Times of India Your favourite restaurant may soon get legal protection for its centuries old recipe with the government starting discussion on possible norms for trade secrets. The latest intellectual property right (IPR), which draws upon an established practice in several countries, may actually cover everything from manufacturing processes to sales and distribution methods, ad strategies and client and vendor lists — a move that could provide comfort to companies...
More »The New Wave Of Energy-Yashodhara Dasgupta
-Business World Wind, water and the sun can help India cut dependence on coal and gas For India, energy security has never seemed more real, more urgent than now. Forty per cent of the country’s 1.2-billion populace is yet to have access to electricity. Even those getting grid supply suffer poor quality of power. Towns see power cuts more than half the day. The country’s energy deficit, according to the Central Electricity...
More »The World Bank’s misdiagnosis-Himanshu
-Live Mint Flexible labour laws in India cannot solve the problem of weak job growth and the poor quality of employment The theme of the World Bank’s World Development Report this year is, appropriately enough, jobs. The report recognizes that creating jobs is the surest way of reducing inequality and poverty, particularly in the developing world. But the cliché it offers as a solution is disappointing: relax labour laws. The bank has...
More »Ficci seeks revisit of proposed Land Acquisition Bill
-PTI Industry body Ficci today said the government should relook at certain clauses of the proposed Land Acquisition Bill such as role of state governments and the entitlements for the private sector, prior to placing it before the Cabinet. Group of Ministers on Land Acquisition Bill, headed by Agricultural Minister Sharad Pawar, had approved the proposed legislation with changes last month. In a letter to Pawar, Ficci President R V Kanoria said state...
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