-The Economic Times The government is pushing ahead with long-awaited reforms to boost finances of cash-strapped power utilities and to reduce food subsidy by raising the price of sugar in ration shops, but the cabinet meeting to consider these moves has been deferred to next week. Sources said the government was also considering a proposal to increase the dearness allowance for central government employees by about 7%. This should come as a...

-Reuters India opened its supermarket sector to foreign chains on Friday after months of dithering, pushing ahead with the boldest reforms yet in Prime Minister Manmohan Singh's government as it tries to revive the country's tottering economic growth. The government has decided to allow foreign airlines to buy stakes of up to 49 per cent in local carriers, heavy industries minister Praful Patel said on Friday, in a much-awaited policy move that...

-Down to Earth   Buy an Indian breed from Australia In June last year, we visited Malaysia on the invitation of the country’s oldest and most active consumer action group, The Consumer Association of Penang, to study the livestock production systems and to advise on how these can be transformed into more sustainable and less industrial farming systems. The past 40 years of aggressive industrial growth in Malaysia has seen small-scale peasant agriculture and...

John Vidal, who was in Rio for the '92 Earth summit, looks back at that momentous event, and how the 2012 version compares Helicopters thundered up and down the chic Copacabana and Ipanema beaches. Tanks guarded the bridges and tunnels. The favelas were in lockdown, schools closed and supermarkets stood empty. Unexpectedly, George H W Bush, the 41st US president, flush with success at the collapse of communism, had arrived in...

-The Economic Times The austerity measures announced by finance minister Pranab Mukherjee are likely to help the government save between Rs 800 crore and Rs 1,000 crore, said a senior finance ministry official. The government has decided to cut down on foreign travels of ministers and official delegations and has put a ban on creation of plan and non-plan posts The figure is based on preliminary estimates.  In addition, the 10% cut...