-The Indian Express FDI in retail will bring competition to non-tradable services, and make Indian firms globally competitive India removed barriers to trade in goods in the 1990s. Removing protection brought global competition and raised productivity. But introducing global competition in services is harder. In certain services that are tradable, like legal or financial services, the removal of trade barriers can introduce competition and increase productivity. But these often involve complicated and...

-The Financial Express A Central employees' union will go on a token strike tomorrow to protest against the Pension Bill and the Centre's decision to allow FDI in pension. The Confederation of Central Employees and Workers said employees throughout the country were agitated over the government's fresh move to introduce the PFRDA Bill in this ongoing Parliament session. "It is surprising that even after findings of the Committee set up by the government...

-Live Mint FDI or not, there are problems that plague Indian agriculture and will need to be fixed first  With the parliamentary vote on foreign direct investment (FDI) in multi-brand retail out of the way, the government will proceed with the liberalization of this sector as it thinks it will improve the prospects of agriculture.   Should we be worried about our small neighbourhood stores shutting down? The fears are overblown. Organized large-format retail...

-The Hindustan Times With UPA 2 having carried the day on the motions disapproving foreign direct investment (FDI) in India’s multi-brand retail trade sector, the crescendo for a fresh round of GenNext reforms has reached a higher pitch. The editorial in this newspaper titled The slog overs have begun (Our Take, December 10) states, “Now that FDI in retail is through, the UPA must push ahead with other reforms.” The Congress-led coalitions...

-The Hindustan Times As both Houses of Parliament cleared the way foreign direct investment (FDI) in multi-brand retail, the mood of commercial real estate developers, who were facing a tough time building and renting out malls, is expected to look up. A revival of investment plans is on the cards. The supply of rental spaces across India recorded a drop of 65% in 2012 from the previous year, according to a report...