While the government may be finding it difficult to get its FDI in multi-brand retail pass the test of Parliament, India Inc has been pledging huge investments in wholesale and retail trade abroad, including in countries like the US and the UK. In the 2010-11 fiscal, investments of Indian companies in wholesale and retail trade overseas went up 78% as compared to the previous year - up from $1,052 million in...
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At 8%, plunging food inflation brings back smiles
-The Economic Times India's food inflation eased to a four-month low in the week to 19 November as vegetables, cereals and eggs turned cheaper. The decline in the reading for the fourth consecutive week came as a respite to the government struggling to recover from a string of recent bad tidings. Data released by the commerce and industry ministry on Thursday showed the wholesale price index for food articles rose 8% year-on-year,...
More »Veil off Fishing with poison
-The Telegraph The mass mortality of Fish in the Karala river has blown the lid off a toxic secret: poison is used to kill some of the catch that makes its way to several homes in Bengal. In the face of raids by officials to seize dead Fish in Jalpaiguri, some Fishermen today admitted that they use a pesticide called Thiodan to kill Fish that are eventually sold in the markets. Lab tests...
More »Tamil Nadu Panchayat seeks to scrap Kudankulam nuclear power project
-The Economic Times The local panchayat adjacent to the Kudankulam nuclear power plant has passed a resolution against the project, making things difficult for the state government caught between the rational to commission the nuclear power plant and protest in south Tamil Nadu against it. The panchayat's decision is considered a setback for the Centre's desire to have the plant commissioned at the earliest. The development adds to Tamil Nadu chief minister...
More »Down the river, flotilla of dead Fish
-The Telegraph Not all dawns break like this for Mamata Das. Swept out of bed at 6am by ripples of excitement swirling outside her home, Mamata found herself wading into the Karala, the “Thames of Jalpaiguri”. What else would you do when you wake up to news that lifeless Fish after Fish are bobbing up the river? They floated down in all shapes, sizes and species — the boal, a catFish and a...
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