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FDI in retail: Traders in Kerala down shutters

-PTI THIRUVANANTHAPURAM: Trading activities came to a virtual halt across Kerala on Wednesday as shop owners downed shutters to protest against the policies of the Central and state governments, including the decision to allow FDI in multi-brand retail. Early reports from different centres said the response to the shut-down call given by traders' unions like Kerala Vyapari Vyavasayi Samiti (KVVES) has been total, especially in urban areas. Majority of hoteliers also joined the...

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FDI has nothing to do with US: PM Manmohan Singh

-PTI Unfazed by the uproar over FDI in retail and other tough decisions, Prime Minister Manmohan Singh on Saturday indicated that the government may continue with the reforms process and expressed willingness to discuss issues with allies. "We will do what is good for the country... reforms are not one-off process," he said. The Prime Minister was responding to questions on demands for rollback of decisions on FDI in multi-brand retail, diesel price...

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Apply land bill norms retrospectively: Kamal Nath

-The Times of India The ministerial panel vetting the land acquisition bill witnessed strong demand on Thursday that it kick in retrospectively. Urban development minister Kamal Nath is reported to have argued that a window for applying the new bill for old cases of acquisition should be retained. If the demand gains traction, it could reopen a significant section of the draft legislation which initially had the retrospective clause but was later...

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Maruti offers 70% hike to workers over three years

-The Times of India NEW DELHI: Nearly two months after workers went on the rampage at its Manesar plant, Maruti Suzuki has doled out a bumper increment package in a new wage settlement agreement, offering salary increment of nearly 70%, apart from other benefits like interest-free personal loans. The agreement has been accepted by the company's labour union. S Y Siddiqui, Maruti's chief operating officer (administration ), said the company has signed...

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Terror-struck J&K sarpanchs quit -M Saleem Pandit

-The Times of India SRINAGAR: With the second killing of a sarpanch in a fortnight on Sunday by terrorists, the print media in the Valley, and particularly Urdu newspapers, published scores of advertisements from rattled panchayat chiefs on Tuesday announcing their resignations, in response to militants threats to quit or face the consequences. There were more than 50 such advertisements in Urdu newspapers with panchayat chiefs displaying their resignations. However, deputy commissioner...

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