-PTI With key UPA ally Trinamool Congress averse to FDI in retail, finance minister Pranab Mukherjee today said the Centre is trying to build a consensus on it and other contentious issues. "We are working to build a policy consensus on a number of pending issues such as introduction of Goods and Services Tax, further liberalisation of FDI, including in retail, and deepening and strengthening of financial markets for long term investments,"...

The dreaded El Niño weather phenomenon is set to appear during the second half of the southwest monsoon, which may cause less-than-expected rains in August and September. El Niño had earlier hit the Indian monsoon in 2009, when the country faced a severe drought. This time, its impact is not clear as of now, but if there are excessive breaks in the monsoon, crops of paddy, oilseeds and pulses could...

-India Today A top agricultural research official's idea that India's age-old plant genetic resources can be made available to MNCs in return for better technology for farmers has invited criticism from non-governmental groups as well as individuals. Dr S. K. Datta, Indian Council of Agricultural Research (ICAR) deputy director-general for crop science, claimed that many of India's plant germplasm or species were in the public domain and already being used by MNCs...

Delhi high court to hear central bank challenge to CIC order seeking information on defaults by top industrialists The Reserve Bank of India (RBI) has challenged an order by the Central Information Commission (CIC) asking the central bank to disclose names of the top 100 industrialists who have defaulted on loan repayments. In a writ petition to the Delhi high court, which is scheduled to be heard on 29 May, the central...

In an order that could have far-reaching implications, the Odisha State Information Commission has directed the state government to furnish information on top government officials facing corruption charges. The state transparency watchdog’s order last month came on a Hindustan Times petition. The government, which was told to make the information public as a part of self-disclosure under the Right to Information Act within a month (by the last week of May),...