-The Indian Express FDI in retail will bring competition to non-tradable services, and make Indian firms globally competitive India removed barriers to trade in goods in the 1990s. Removing protection brought global competition and raised productivity. But introducing global competition in services is harder. In certain services that are tradable, like legal or financial services, the removal of trade barriers can introduce competition and increase productivity. But these often involve complicated and...

-Reuters MUMBAI: Wal-Mart Stores Inc prepared its entry into India's supermarket sector in 2010 with a $100 million investment into a consultancy with no employees, no profits and a scant $14,000 in revenue. The company, called Cedar Support Services, might have been a more obvious selection four months earlier: it began its corporate life as Bharti Retail Holdings Ltd, according to documents filed with India's Registrar of Companies. The Cedar investment is now...

-The Hindu By not informing Ajmal Kasab of his right to seek a judicial review of the rejection of his mercy petition, the UPA government has committed a serious wrong The hurried and secretive hanging of Mohammad Ajmal Amir Kasab is both an administrative wrong and a constitutional impropriety. The Manmohan Singh government and the UPA chairperson, Sonia Gandhi, owe it to the nation and the whole world to explain why their...

-The United Nations International investments must give local farmers and active role and leave them in control of their land if they are to have a positive effect on the host country’s economy and advance development, according to a report released today by the United Nations food agency. Produced by the UN Food and Agriculture Organization (FAO), the report – Trends and Impacts of Foreign Investment in Developing Country Agriculture – emphasizes...

-The Tribune India is governed by a written Constitution and any policy decision, programme by the Central or state government must be within the constitutional parameter of the Constitution. The State under our Constitution is mandated to protect the human rights. Any government policy, which seeks to shift this responsibility from the state to the private sector, would be, without anything more, unconstitutional and hence impermissible. The United Nations, since its inception, has...