-The Times of India   After debating the issue for over a decade, the government on Thursday threw open the multi-brand retail segment to foreign chains such as Wal-Mart, Carrefour and others in a move to attract overseas investment and dispel doubts about the coalition's ability to push through big-bang reforms.  After nearly two hours of discussion on Thursday evening, the Union Cabinet decided to allow foreign retailers to hold 51% stake in...

Supreme Court displeased with Centre's failure to suggest measures   The Supreme Court has indicated that it may ask the Central government to set up special courts to try cases of damage done to public property in agitations. A Bench of Justices G.S. Singhvi and S.J. Mukhopadhaya on Tuesday expressed displeasure at the Centre for not coming out with suggestions to prevent damage to public property and said special courts would be directed...

Assam Chief Minister Tarun Gogoi on Monday said the Centre and the Assam government would sign a peace accord with the militant outfit of the hill district Karbi Anglong — United Peoples Democratic Solidarity (UPDS) in Delhi on November 25. The UPDS was formed in 1999 in a merger of the erstwhile Karbi People's Front (KPF) and Karbi National Volunteers (KNV) . The UPDS entered into a ceasefire agreement with the...

-India Today   Rural Development Minister Jairam Ramesh's pet land acquisition, rehabilitation and resettlement Bill, 2011 has run into major roadblocks in the parliamentary standing committee. Various stakeholders, including farmers' organisations, NGOs and legal experts contend that in its present form, the Bill is an empty shell that exempts 90 per cent major development projects - highways, nuclear plants, mines, SEZs et al-in the name of which, land is being acquired across...

State oil firms are under the scanner of the Comptroller & Auditor General of India for supplying diesel at a discount to defense establishments and Indian railways and claim compensation on the revenue loss from upstream companies and the government. Executives in state-run Indian Oil Corp, Hindustan Petroleum and Bharat Petroleum have accepted that they offer small discounts to these customers and denied recovering any part of the amount from the...