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Ficci vents AMRI fury

-The Telegraph The dam burst today. The Federation of Indian Chambers of Commerce and Industry (Ficci) has issued a public statement on the AMRI fire and subsequent arrests, demanding the immediate release of those “not responsible for day-to-day operations of any business”. “Those who are not found guilty and are not responsible for day-to-day operations of any business should be released immediately,” said the statement titled “Ficci’s stand on fire at AMRI Hospital”. The...

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Pros and cons of reservation in schools for economically backward by Puja Pednekar

With schools having to reserve 25% of their seats for economically backward students from the next academic year, the poor kids will get an opportunity to study in elite schools. Puja Pednekar weighs the pros and cons. Ten-year-old Rahul Waghmare trudges to a civic school in Andheri every day. He wants to design automobiles when he grows up. But now, he dreams of studying in a posh school. However, he can’t afford...

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$128 billion siphoned out in a decade by Subodh Varma

-The Times of India   Even as the country continues to witness a campaign for a strong anti-corruption watchdog, a report has calculated that between $104 billion and $128 billion (roughly Rs 5 to 6 lakh crore) was illegally siphoned out of India in the decade spanning 2000 to 2009. This works out to an average outflow of about $10-13 billion (Rs 48,000 to Rs 63,000 crore) every year. The report has been prepared...

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Inclement in Durban

-The Hindustan Times   Had the world's leaders decided to ensure that global warming would increase to 3 to 4 degrees Celsius, perhaps to 5 degrees Celsius, instead of the 1.5-to-20 degrees Celsius threshold (over preindustrial temperatures) that scientists believe earth can tolerate, they couldn't have acted more purposively than they did at the Durban climate conference. If this sounds like a harsh judgement that radically differs from the official spin that...

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FDI in multi-brand retail still on govt’s mind: FM

-The Times of India   Finance minister Pranab Mukherjee said on Friday that opening up of the multi-brand retail sector to foreign investment was still on the "mind of the government" and it would be pursued once consensus emerged among political parties and other stakeholders. Mukherjee blamed lack of consensus among political parties for the government's inability to implement the reform measure but said it did not reflect the lack of intention or...

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