As part of its efforts to forecast monsoon better, the India Meteorological Department (IMD) will incorporate readings from one of the latest US climate forecast models that is being improved for Indian conditions. IMD will release its monsoon forecast for this year in the middle of next week, while weather experts from South Asia gathered in Pune will come out with their forecast for the South Asian region on Friday. Advanced countries...
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US challenges India poultry ban at WTO
-Reuters The United States on Tuesday began action at the World Trade Organisation (WTO) to open India's market for poultry meant and eggs, saying an Indian ban on US imports intended to stop the spread of bird flu was not based on sound science. "The United States is the world's leader in agricultural safety and we are confident that the WTO will confirm that India's ban is unjustified," US Trade Representative Ron...
More »Experience so far by CP Chandrasekhar
Global experience in retail trading by MNCs does not tally with the presumptions on which the UPA government's FDI policy is based. IN the course of the debate on the need to permit foreign direct investment in retail in India, two arguments have been advanced often. The first argument is that large organised retail is good for not just consumers, who would benefit from lower prices owing to cost efficiencies...
More »Traders' concern by TK Rajalakshmi
Indian traders reject FDI in multi-brand retail and emphasise the need for a policy to regulate the labour-intensive sector. TRADERS across the country responded angrily to the Union Cabinet's decision to allow 51 per cent foreign direct investment (FDI) in multi-brand retail trade, disproving the arguments of the United Progressive Alliance (UPA) government and the assessment of corporate India, which had tried hard to make it appear that traders and...
More »Only States can decide on minimum wages: Kharge by D Radhakrishnan
Union Labour Minister inaugurates UPASI conference Action on representations relating to the Minimum Wages Act can only be taken by State governments, said Union Minister for Labour and Employment Mallikarjun Kharge in Coonoor on Sunday. He was inaugurating the 118th annual conference of the United Planters Association of Southern India (UPASI). Referring to the grievances of the planting community over the wage component adding considerably to the cost of production, he pointed...
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