-The Hindustan Times The industries opened up to foreign investment in the past 20 days produce less than a tenth of India's national income. On the face of it, this number is too small to justify the opposition to foreign direct investment (FDI) in supermarkets, airlines, insurance and pensions. Or the government's resolve to open these businesses to foreigners with or without majority control. The picture changes when you see how fast...
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Experts advise energy mix for N-E
-The Telegraph Guwahati: A judicious mix of conventional and alternative sources of energy will take the region on a growth path, experts said at a panel discussion on Alternate Energy as a Solution to Power Crisis in the Northeast at the NICT which concluded here today. Participating in the discussion, A.K. Saikia, secretary of SECONE, an organisation working for the energy sector, said the region had great potential for alternative sources of...
More »Kejriwal breaks ‘Omerta Code’ on DLF-Vadra ‘sweetheart deal’ by Venky Vembu
-First Post They came in waves, like silent armies that move in the night. Each of the Congress Ministers and party leaders who were seen studio-hopping or otherwise implanting themselves in front of cameras late on Friday had been assigned a specific role: to defend the First Family of Indian politics against the most audacious allegation of corruption levelled by Arvind Kejriwal and Prashant Bhushan, the two Johnny-come-latelys to the world...
More »There is no ‘foreign hand’-Amita Baviskar
-The Indian Express Conspiracy theories are a handy standby when one wants to avoid the effort of critical thinking. So Tavleen Singh would rather rely on “the foreign hand” — that old bogey out of Indira Gandhi’s box of tricks — than examine facts that reveal uncomfortable truths. Lamenting the closure of the Vedanta aluminium refinery at Lanjigarh, Orissa (‘Why India could remain forever’, IE, September 30), Singh asserts that, if...
More »Cabinet Nod for Changes in Competition Act
-Outlook The government today expanded the ambit of Competition Commission of India (CCI), with an amendment to the Competition Act, following which all sectors would fall under the purview of the fair trade regulator. Approving a proposal by the Ministry of Corporate Affairs in this regard, the Union Cabinet this evening decided to amend the Competition Act, 2002 with a view to fine tune the regulations to bring it at par with...
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