-Outlook After a few weeks of hiatus, state-owned oil companies have resumed issuing new subsidised cooking gas (LPG) connections, beginning with North Eastern states. In September, issue of new LPG connections had been put on hold pending a massive nationwide exercise to eliminate users having multiple connections at the same address. The three oil PSUs have now started releasing new LPG connections in Meghalaya, Sikkim, Nagaland and Andaman & Nicobar Islands, said Indian...

-The Hindustan Times An uneasy combination of the BJP, the Left and the estranged UPA ally, the Trinamool Congress, is set to provide fireworks during the winter session of Parliament beginning next week. The issue: The government’s decision to allow foreign direct investment (FDI) in Retail sector through an executive decision. At least 15 MPs belonging to the BJP-led NDA, Trinamool and Left parties had till late Wednesday evening served notices under...

-PTI World's largest Retailer Wal-Mart today said it is investigating allegations of corrupt practices against it in foreign markets, including India. In March 2011, the US-based company had started a worldwide review of its policies, practices and internal controls for Foreign Corrupt Practices Act (FCPA) compliance. "We have inquiries or investigations regarding allegations of potential FCPA violations in a number of foreign markets where we operate regarding FCPA allegations, including but not...

-The Hindustan Times Arvind Kejriwal has resorted to publicly naming and shaming everyone from politicians to corporates, Anna Hazare has reignited the Jan Lokpal debates and scandals are being exposed with increasing frequency. The anti-corruption movement has gathered momentum in the last twelve months, and presumably, corrupt officials are running for shelter. Yet, according to a Hindustan Times survey, 41.2% of respondents feel that government officials are more prone to take a...

-NDTV Over-ruling the objections of India's defence forces, the government has said that 4500 canteens in the Navy, Air Force and Army will be reviewed by the national auditor CAG. The canteen's run by the armed forces qualify as the biggest Retail chain of the country which serve all serving and retired personnel of the three services. At the top of the chain are the 34 outlet of the Canteen and Stores...