-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...

-Outlook Seven more persons fell prey to biting cold wave in UP where death toll due to the harsh weather touched 69 today, while most other parts of North India also shivered and fog disrupted rail and air traffic. The National capital had a gloomy weather as the fog returned after four days, and the maximum temperature was recorded at 17 degree Celsius, a drop of four notches. The minimum was recorded...

-Outlook 13 people were killed in North India today due to biting cold which tightened its grip across the region. In capital Delhi, the maximum temperature was 16.6 degrees celsius, four notches below normal, while the minimum was 9.2 degrees celsius, two degrees above normal. In Uttar Pradesh, 13 people were killed due to cold in various parts of the state in the last 24 hours. While three persons died due to extreme cold...

-The United Nations Temperatures this year are the ninth highest on record since 1850 despite the effect of La Niña, a meteorological phenomenon which is supposed to have a cooling influence on the Earth’s atmosphere, says a new United Nations report released today. High temperatures were accompanied by unprecedented melting of the Arctic sea ice and multiple weather and climate extremes which affected many parts of the world. The findings are among the...

-The Business Standard Worryingly, investment in clean energy declines  Global investment in clean energy will decline perceptibly this year for the first time in eight years, signalling an unwarranted complacency in the fight against climate change. A report by Bloomberg New Energy Finance says funding for renewable energy generation in the first three quarters of this year was $164.2 billion, down from last year’s $196.4 billion. The downturn is the steepest at...