-The Economic Times A couple of months ago, the UPA government cleared Foreign Direct Investment (FDI) in retail. It is a politically risky step. But for once, Prime Minister Manmohan Singh showed both spine and spunk biting the bullet. Since then, both Left parties and the BJP have expressed serious reservations over the decision. The general view is that it will affect the lakhs of small, indigenous kirana stores spread across...

-The Business Standard Economic Offences Wing starts probe into alleged financial irregularities in a trust run by the Union Minister  The Uttar Pradesh Police's Economic Offences Wing today started collecting documents in connection with its probe into alleged financial irregularities in a trust run by Union Minister Salman Khurshid. "EOW teams are collecting documents at various levels including state, divisional and district headquarters as a part of the investigation," Director General EOW, Subrat...

-The Times of India LUCKNOW: Despite denials of wrongdoing in a trust for disabled people that Union law minister Salman Khurshid and his wife operate, it now appears that there was a letter with the forged signature of a senior UP government official that allowed the Union ministry of social justice and empowerment to release the second tranche of funds in March 2011 — Rs 68 lakh — to the Zakir...

-The Indian Express A group of teachers at Jamia Milia Islamia University has put together a compilation of terror cases that failed to hold up in court, all of these built by the Delhi Police Special Cell around youths they had arrested and described as terrorists. Titled “Framed, Damned and Acquitted: Dossiers of a Very Special Cell” and compiled from court judgments and media reports, the study by the Jamia Teachers’ Solidarity...

-The Indian Express The Income-Tax department is set to cancel the registration of yoga guru Baba Ramdev’s trust as a charitable organisation and withdraw all exemptions provided to it. This follows a final order passed on August 24 by the Income-Tax (exemption) unit in the case of his principal charitable organisation, the Patanjali Yogpeeth Trust, for the year 2009-10, after a scrutiny revealed that it was involved in a host of...