-The Hindu Organised retail involving FDI and international players can lead to a shrinking of traditional small merchant trade. That is bad news for political parties and governments. When discontent among traders brews, they act. A. Srivathsan looks at how Japan, Indonesia and Thailand responded, using zoning laws and size regulation as a control mechanism. Look East to find out what happens when foreign retailers set up shop. Asia’s recent economic history...

-The Hindu Internet’s contribution to GDP will grow from $30 billion to $100 billion by 2015 The Internet has established its role as a powerful economic force multiplier with a new study projecting that its contribution to India’s GDP will explode to $100 billion (Rs. 5 lakh crore) by 2015 from $30 billion (Rs.1.5 lakh crore) at present. The study on the “Impact of Internet on the Indian Economy” by McKinsey, which is...

-The Hindu The government’s claim that it will dampen inflation, bring higher prices for farmers and lower prices for customers may be somewhat exaggerated With the intention of signalling a strong commitment to reforms, the UPA government has announced a hike in the price of diesel and liberalisation of foreign direct investment (FDI) in multi-brand retail, justifying the measures as growth-enhancing and inflation-dampening. They have been termed bold by India’s corporate sector...

-The United Nations The United Nations today launched a programme to empower poor rural women through economic integration and food security initiatives. “Accelerating Progress Toward the Economic Empowerment of Rural Women” is a five-year initiative that will focus on improving food and nutrition security, increasing rural women’s incomes, enhancing leadership and participation in rural institutions, and creating a more responsive policy environment at national and international levels. “When women are empowered and can...

-The Times of India SRINAGAR: With the second killing of a sarpanch in a fortnight on Sunday by terrorists, the print media in the Valley, and particularly Urdu newspapers, published scores of advertisements from rattled panchayat chiefs on Tuesday announcing their resignations, in response to militants threats to quit or face the consequences. There were more than 50 such advertisements in Urdu newspapers with panchayat chiefs displaying their resignations. However, deputy commissioner...