-PTI Ahead of a meeting of Group of Ministers, Rural Development Ministry sought to allay apprehensions of industries and infrastructure sectors over the controversial land acquisition bill, contending that the amendments in the legislation are investor-friendly. In a note circulated to the members of the Group of Ministers (GoM) headed by Agriculture Minister Sharad Pawar, the Ministry highlighted that the requirement of consent of all for acquiring land has been diluted and...

-The Economic Times Ahead of the first meeting of the Group of Ministers on the land bill, Rural Development Minister Jairam Ramesh has asserted that the proposed land bill balances the needs of economic growth with concerns of the common man. In a note for the meeting scheduled for Thursday, Ramesh has argued that the existing Land Acquisition Act, 1894 shows little regard for those whose land is acquired. The note draws...

-The Telegraph The rural development ministry has claimed that an amended version of the land acquisition bill has taken into account concerns of industry though several cabinet ministers had blocked it last month fearing it would stall industrialisation. In a note last week to all members of a Group of Ministers (GoM) on the bill, the ministry said the revised draft had relaxed key provisions, including consent norms for acquisition of land...

-The Economic Times The central government has banned states from allowing sale or export of iron ore by companies granted mining leases for own steel production. "The entire ore produced in the mining operation (of captive mines) shall be used exclusively for own consumption in iron or steel making and cannot be either sold in India or exported to other countries," the mines ministry said in an order issued on September...

-The Telegraph   Wal-Mart Stores Inc — the $446 billion retail behemoth — will be able to open stores in 22 cities across the country after the government notified a press note tonight permitting foreign direct investment up to 51 per cent in multi-brand retailing operations. The press note — which contained clauses that were not spelt out in the controversial press release issued last Friday after the cabinet formally cleared the proposal...