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FDI if retailers procure 30% stuff from small industry by Surajeet Das Gupta & Nayanima Basu

Indian suppliers must be units with investment up to Rs 1.25 cr, says draft before cabinet. Multinational retailers such as Walmart, Tesco and Carrefour looking to open stores in the country may have to source almost a third of their merchandise from small Indian manufacturers as the government tries to make the opening of multi-brand retail to foreign players more politically palatable. The draft cabinet note for permitting 51 per cent foreign...

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Times Now judgement: Media bodies express 'deep dismay' at SC ruling

The Editors Guild of India has expressed its concern at the implications of Monday's ruling of the Supreme Court, rejecting a Special Leave Petition seeking a stay against a high court order asking the Times Now channel to deposit Rs 100 crore as a pre-condition for hearing its appeal. "While recognising that the law of defamation is an important qualification of the fundamental right to freedom of expression, the Guild believes...

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World Livestock Report Packs Many Surprises

We see malnutrition as a burden on our conscience, and on our exchequer. We also know it is a daunting task to get rid of child malnutrition. But do we know about the economic benefits on the other side? A new FAO report tells us that India can increase its national income by a massive US$ 28 billion by eliminating child malnutrition. Now that is serious economic gain so read...

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PM meets Obama, discusses implementation of civil nuclear deal

-The Indian Express   Prime Minister Manmohan Singh today declared that there were "no irritants" in Indo-US ties as he met US President Barack Obama here and disucssed the ways to implement the civil nuclear deal. Singh, who met Obama for the first time after latter's trip to India last November, also talked about strengthening the bonds of strategic ties put in place during the historic visit of the US President to India...

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Prices of 348 essential drugs to be controlled

-The Times of India The Centre on Thursday responded to the Supreme Court's concern over spiralling prices of essential medicines and promised to make all-out efforts to put under strict price control regime all the 348 drugs included in the National List of Essential Medicines (NLEM), 2011. A bench comprising Justices G S Singhvi and S J Mukhopadhaya had, in the last hearing, expressed concern over the shrinking list of medicines under...

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