-The Telegraph   The Trinamul Congress will oppose foreign direct investment (FDI) in retail and pension funds as well as changes in rules that will allow foreign airlines to invest in Indian carriers. Mamata Banerjee has instructed her sole member of the cabinet — railway minister Dinesh Trivedi — to oppose the retail proposal at tomorrow’s cabinet meeting, the minister confirmed today. The Trinamul roadblock is being seen as an attempt to reaffirm its...

FDI in single-brand retail raised from 51 to 100%   In a bid to remove the impression that UPA-II is suffering from a “decision making paralysis” and kicking off the second generation reforms, the Union Cabinet on Thursday gave its approval for 51 per cent foreign direct investment (FDI) in multi-brand retail and 100 per cent FDI in single-brand retail. The decision is likely to clear the decks for the entry of foreign...

The Supreme Court on Wednesday granted bail to Unitech's Sanjay Chandra, Swan Telecom's Vinod Goenka and top Reliance ADAG executives Gautam Doshi, Hari Nair and Surendra Pipara in the 2G scam case. The judgment was delivered by a bench of Justices G S Singhvi and H L Dattu on Wednesday morning. The apex court asked each accused to give a bail bond of Rs 5 lakhs with 2 sureties each. This is the...

The anti-corruption movement has enabled the Indian middle class to feel smug about itself. Its members have gone through a vast range of emotions during the last two decades, from self-hatred to self-righteousness. Liberalisation of the economy has created for this class an excitement of many kinds. It has meant the freedom to pursue the quest for wealth without guilt and, at the same time, it has meant feeling set...

When I met organic farmer John Fennessy, who has been cultivating his farm at Sulekunte, Bangalore, for the past three years, I felt I was learning a valuable lesson in life. Having sold some of the first produce from his four-acre farm ‘Hamsa' at the Flea Market recently held at Jaaga, a proud John shared some very insightful thoughts about life as an organic farmer .“I believe we must, as responsible...