-The Economic Times "Are we knowledge-proof?" asked the late Prof Raj Krishna. As memorable as his other coinage, the Hindu rate of growth, this question is relevant, given our current growth strategy. The SME sector is a vibrant part of the economy, accounting for 40% of Manufacturing and generating jobson a scale second only to agriculture. The figures are similarly significant for handicrafts and handlooms. According to the Tenth Plan, GDP from handicrafts...

-The Hindu Building ‘capitalism with Indian characteristics’ means decisions cannot ignore concerns of voters and communities As the economy slows down and the rupee wilts, Manmohan Singh has bitten the ‘reforms’ bullet with both eyes on the credit rating agencies whose negative reports have done much to dampen the ‘animal spirits’ of investors, foreign and native. Last November, when the Congress party made a push to introduce foreign direct investment in multi-brand retail,...

-The Economic Times Foreign multi-brand retailers present in India through cash-and-carry route are expected to roll out consumer facing formats in the short to medium term, a research paper by consultancy firm KPMG said. The paper said most of the foreign retailers will undertake changes in their cash-and-carry arrangement with their Indian partners. However, single brand retailers would significantly invest in India in the next 12-18 months due to 100% ownership which...

-The Telegraph   Wal-Mart Stores Inc — the $446 billion retail behemoth — will be able to open stores in 22 cities across the country after the government notified a press note tonight permitting foreign direct investment up to 51 per cent in multi-brand retailing operations. The press note — which contained clauses that were not spelt out in the controversial press release issued last Friday after the cabinet formally cleared the proposal...

-The Hindu The government’s ill-conceived urban development schemes are threatening the future of Delhi The Delhi Urban Arts Commission was constituted by an Act of Parliament in 1972 with the sole intention of acting as a supra urban body to guide the future development of Delhi. After 40 years of its existence, chaired by a galaxy of bureaucrats and, more recently, famous architects, it is still difficult to evaluate whether it has...