-The Economic Times Stepping up Kerala's demand for a new dam at Mullaperiyar, chief minister Oommen Chandy said he will meet the Prime Minister Manmohan Singh in New Delhi on Thursday, even as the opposition leader VS Achuthanandan decided to go on a fast on December 7 on the issue. In an attempt to find a solution to the vexing issue, Chandy would write to his counter part in Tamil Nadu about...
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Draft Food Bill likely to go to Cabinet by December 10: KV Thomas
-PTI Food Minister K V Thomas today said the draft Food Security Bill is expected to go to Cabinet by December 10 to pave the way for its introduction in the ongoing Winter Session of Parliament. "We have asked the government departments to send their comments on the draft Food Security Bill by December 1. After this, it is expected to go to the Union Cabinet by December 10," Thomas, whose...
More »India to open market to global supermarket chains
India has approved long-awaited proposals to open up the retail market to global supermarket chains. Food Minister KV Thomas said the cabinet has agreed to 51% foreign ownership of multi-brand retail stores, allowing groups like Wal-Mart and Tesco to open stores. Such operators currently can only sell wholesale in India and not directly to customers. A decision on the issue has been pending for two years. Mr Thomas told reporters that the cabinet decided...
More »Draft Food Bill likely to go to Cabinet by Dec 10: Thomas
-PTI Food Minister KV Thomas today said the draft Food Security Bill is expected to go to Cabinet by December 10 to pave the way for its introduction in the ongoing Winter Session of Parliament. "We have asked the government departments to send their comments on the draft Food Security Bill by December 1. After this, it is expected to go to the Union Cabinet by December 10," Thomas, whose ministry is...
More »RBI hopes FDI in muti-brand retail will ease inflation
The Reserve Bank of India on Friday expressed the hope that foreign direct investment in multi-brand retail would help in bringing down inflation. “...Certainly it (FDI in multi-brand retail) would help improve supply chain and we hope it should also contribute to reducing inflation,” Reserve Bank of India Governor D. Subbarao told reporters on the sidelines of a memorial lecture here. Dr. Subbarao said 51 per cent FDI in multi-brand retail would...
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