The government is seriously considering minority foreign stake in food retail in the wake of the spurt in food prices. “FDI in (food) retail will lead to demand-driven farming and that can result in clusterised high-growth farming,” food processing minister Subodh Kant Sahay told the The Telegraph. Cabinet secretary K.M. Chandrasekhar is believed to have gone even further — reportedly endorsing a proposal of the department of industrial policy and promotion (DIPP)...

Condemning the BJP-led Madhya Pradesh government for the continued suicides by farmers in the state, Congress general secretary Digvijay Singh on Thursday said the 'insensitive behaviour' of the state government was forcing farmers to take the extreme step. In a statement issued on Thursday, Singh said that "because of the state government's insensitive behaviour, farmers were losing patience and being forced to take the extreme step of ending their lives." Seven farmers...

The CPM is planning to field a large number of women candidates in the forthcoming Assembly polls in Bengal in an attempt to fight anti-incumbency and stem the steady slide over the past few years. “We have asked all the Left Front constituents to ensure nomination of women candidates in a large number,’’ CPM Bengal secretary and Left Front chairman Biman Bose said after a coalition meeting this morning. Indicating that the...

As policymakers gear up for their biggest battle against inflation, worrying signs about India’s boom-boom growth story emerged. The first warning signal went up today with the government’s statistical office announcing that the index of industrial production (IIP) — the broadest measure of plant and factory performance —had grown by a piffling 2.7 per cent in November against a market consensus of 6.6 per cent. The index stood at 317.9 —its lowest...

Former Chief Justice of India K.G. Balakrishnan’s younger brother K.G. Bhaskaran, who had gone on medical leave following allegations of amassing wealth, today resigned as special government pleader in Kerala High Court. In his resignation letter, sent to advocate-general C.P. Sudhakara Prasad, Bhaskaran said he was resigning on health grounds. Prasad had earlier asked him to go on leave or quit. This is the second resignation following the media exposures on wealth...