Indian suppliers must be units with investment up to Rs 1.25 cr, says draft before cabinet. Multinational retailers such as Walmart, Tesco and Carrefour looking to open stores in the country may have to source almost a third of their merchandise from small Indian manufacturers as the government tries to make the opening of multi-brand retail to foreign players more politically palatable. The draft cabinet note for permitting 51 per cent foreign...

An independent study says some 250 thermal power projects that have got clearances may be meant just to grab land and water resources. THERE have been a growing number of headlines that speak of an energy crisis and the energy deficit in India in the last few years. The disparities in the demand-supply scenario, the increasing prospects of disruptions in the global supply of fuel and the consequent results of higher...

Many people including members of Team Anna have expressed reservations about the way in which their campaign has been developing, and some have even resigned. This raises questions about the real aim of the leadership around Anna. Is it really what it is proclaimed to be? Is the aim to get the Jan Lokpal Bill passed by parliament? Team Anna has repeatedly stated that they have just a one-point agenda: to get...

'Economic growth will need massive energy. Will we allow an accident in Japan, in a 40-year-old reactor at Fukushima, arising out of extreme natural stresses, to derail our dreams to be an economically developed nation?' Every single atom in the universe carries an unimaginably powerful battery within its heart, called the nucleus. This form of energy, often called Type-1 fuel, is hundreds of thousands, if not millions, of times more powerful...

The NTPC has changed its stand and decided to scout for land for its power project in Burdwan’s Katwa, taking on an unpalatable task that reflects Trinamul’s clout at the Centre. “We had requested the Bengal government to acquire land for us. Now, we have agreed to acquire land on our own,” a senior official of the central power utility said. The NTPC needs to acquire around 550 acres. Power department sources...