-The Hindu   In a bid to break the impasse over foreign direct investment (FDI) in multi-brand retail, the government made a vain attempt on Wednesday night to persuade the Opposition to tone down the wording of its motion. But it was told in categorical terms that the demand for a rollback of the decision was non-negotiable. The Opposition stance was conveyed by the Working President of the National Democratic Alliance (NDA) and...

The union cabinet is expected to decide on India's stance at the UN climate conference in Durban with environment minister Jayanthi Natarajan suggesting to adopt a hardline approach and shun flexi-approach of her predecessor Jairam Ramesh. In a cabinet note circulated, the environment ministry has sought reiteration of India's stance in 2010 that says no to a legally-binding climate treaty, demands a second commitment period of Kyoto Protocol, ensures climate...

-The Times of India Several Bharti-Walmart stores will remain closed on Thursday as a precautionary measure due to the bandh called by traders across the country, sources said. World's second largest retailer Carrefour, which is present in the wholesale segment in the country, also beefed up security at its stores in Delhi and Jaipur. Private security guards patrolled the Carrefour store in the crowded Shahdra area in east Delhi and vigorously checked...

Chief minister Naveen Patnaik today slammed the Centre’s move to allow 51 per cent foreign direct investment (FDI) in the retail sector by demanding immediate scrapping of the UPA’s “ill advised and regressive” retail policy. “In our considered view, this policy is ill-advised and highly regressive. I would, therefore, earnestly request you to reconsider the matter and withdraw this policy immediately,” said Naveen in a letter to Prime Minister Manmohan Singh. Apart...

-The Economic Times   The row over opening up of the retail sector escalated on Monday with Congress' Kerala unit backing the rollback demand of 12 Opposition-controlled state governments and UPA allies DMK and Trinamool Congress.  The fissures within the ruling alliance and the potential of the issue to bring disparate Opposition groups together saw Congress president Sonia Gandhi intervening to cut political losses for her party. Sonia, who held consultations with Prime...