-The Indian Express   The finance ministry has come to an agreement with the department of industrial policy and promotion about what the government’s policy towards foreign direct investment in retail should look like. This means the retail FDI proposal will be placed before the cabinet soon, and hopefully will be cleared as soon as possible. Currently, only 51 per cent foreign investment is permitted, and only in stores selling a single...

-The Hindu   The Finance Ministry had approved the changes in the draft National Food Security Bill that were incorporated after taking the views of the Department of Women and Child Development as well as those posted on the Food Ministry's website, Minister of State for Food and Public Distribution K.V. Thomas said on Thursday. The Ministry would soon bring to the Cabinet a revised draft after incorporating the comments of the Ministries...

-IANS   After fabricating Jugnu, the country's tiniest satellite launched last month, Indian Institute of Technology-Kanpur graduates have now come up with a matchbox-sized device to monitor wear and tear of railway tracks and prevent derailment.  The new device is aimed at replacing a bulky, box-like contraption that is currently used by Indian Railways.  "Our device is a supplementary system for monitoring track health, making it simpler to integrate with the existing railway infrastructure,"...

-The Business Standard   It is not often that the government accepts the report of a committee promptly without detailed scrutiny. But an exception has been made – and with good reasons – in respect of the report of the task force on reforming the public distribution system (PDS). The committee, headed by Unique Identification Authority of India Chairman Nandan Nilekani, has made several valuable recommendations that can cure some of the...

-The Hindu   Allays apprehensions about Kudankulam nuclear plant If the great Chola emperor Raja Raja Chola I had believed for a moment that his monumental structure will be brought down in an earthquake, would we have got the magnificent Brihadeeswara Temple? Or, if Homi Bhabha had decided that radiation is too harmful for citizens, will the country be running a safe and successful atomic power programme for the last 40 years, producing 4,700...