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In climate talks West would redefine rich and poor

-AP   As delegates gather in South Africa to plot the next big push against climate change, Western governments are saying it’s time to move beyond traditional distinctions between industrial and developing countries and get China and other growing economies to accept legally binding curbs on greenhouse gases. It will be a central theme for the 20,000 national officials, lobbyists, scientists and advocates gathering under U.N. auspices in the coastal city of Durban...

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Turning the tide by TN Ninan

If the story earlier was that the number of Maoist-affected districts was increasing, that no longer seems to be true On the third anniversary of the attack on Mumbai, today, the success to celebrate on the internal security front may be far removed from Mumbai, and located in the jungles of the tribal heartland of eastern India. The killing on Thursday of Kishenji, ranked third in the hierarchy of the Maoists,...

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CCI will be vigilant after FDI in retail by Shalini Singh

-The Times of India   The Competition Commission of India (CCI) has given an assurance that as a regulator, it is committed to discharging its legal mandate on any anti-competitive behaviour by potential entrants arising from the government's decision to raise the FDI limit to 51% in multi-brand and 100% in single brand retail. This statement is expected to soothe the nervousness of those with genuine concerns about the adverse competitive implications...

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FDI in retail, trigger for another day of tumult

-The Hindu   Trinamool jumps on Opposition bandwagon, while Akali Dal backs move Cabinet clearance for Foreign Direct Investment in multi-brand retail led to tumult and uproar in Parliament, with both Houses adjourning without transacting any business for the third successive day on Friday. Going by the Opposition's hostile reaction, there is a question mark over smooth conduct of proceedings when Parliament meets on Monday. Communist Party of India Parliamentary Party leader Gurudas Dasgupta has...

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UPA opens the door for global retailers

-The Times of India   After debating the issue for over a decade, the government on Thursday threw open the multi-brand retail segment to foreign chains such as Wal-Mart, Carrefour and others in a move to attract overseas investment and dispel doubts about the coalition's ability to push through big-bang reforms.  After nearly two hours of discussion on Thursday evening, the Union Cabinet decided to allow foreign retailers to hold 51% stake in...

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