-The Times of India The Union government downplayed the opposition's concern over allowing foreign direct investment in multi-brand Retail and informed the Supreme Court on Friday that the policy, when fully implemented, would touch the lives of only 13.3% of the country's population living in 53 cities. The government said its policy on FDI in multi-brand Retail stipulated that Retail sales outlets could be set up only in cities with a population...

-The Times of India All antibiotics, TB drugs and other habit-forming medicines may soon come with a label warning users about the dangers of taking them without medical advice. Recommending this to the health ministry as a way to address the problem of drug resistance, a task force has also suggested creating a new category, H1, for these drugs by amending the Drugs and Cosmetics Rules, 1945. Health minister Ghulam Nabi Azad...

-The Hindu India’s infrastructure is bursting at the seams, unable to cope with the pressure from the growing economy. Developing the sector will help to create jobs and result in higher economic growth The Gross Domestic Product (GDP) is likely to grow 5.5 per cent and the economic slowdown shows no sign of halting. India’s infrastructure is bursting at the seams, unable to cope with the pressure from the growing economy. Spurring...

-The Times of India Why isn't aam admi smiling? The question's relevant, since some cheer's apparent in government circles over wholesale price index-based inflation falling to 6.62% in January. Headline inflation, it's said, will drop further by March-end. To common people, the WPI inflation figure's a meaningless number. If WPI inflation's dipped a fourth successive month, food prices have been riding high for far longer. Policymakers periodically recommend release of foodgrains from...

-The Times of India MUMBAI: Market regulator Sebi on Wednesday cracked down on the Retail-to-financial services Sahara group and ordered the attachment of all assets of two Sahara group firms, besides freezing their bank accounts and those of their promoters and directors including that of group head Subrata Roy. Sebi's crackdown on the two Sahara group firms—Sahara Housing Investment Corp and Sahara India Real Estate Corp — comes exactly a week after...