-The Business Standard Are in talks with political parties for support, fear foreign players will invoke equal-treatment clause in bilateral pacts between India and other nations As the Cabinet Committee of Economic Affairsgave a green signal to the 51 per cent FDI in multi-brand Retail, though leaving the implementation decision to the states, the traders’ community is all out to protest against the big policy decision. Calling the move unfortunate, Confederation of...

-Reuters India opened its supermarket sector to foreign chains on Friday after months of dithering, pushing ahead with the boldest reforms yet in Prime Minister Manmohan Singh's government as it tries to revive the country's tottering economic growth. The government has decided to allow foreign airlines to buy stakes of up to 49 per cent in local carriers, heavy industries minister Praful Patel said on Friday, in a much-awaited policy move that...

-The Economic Times The government has revived its efforts to get Trinamool Congress on board its plans to ease foreign investment rules for civil aviation and muti-brand Retail. Civil aviation minister Ajit Singh is expected to discuss the issue of allowing foreign airlines to buy stake in Indian carriers with chief minister Mamata Banerjee on September 14. Government leaders had tried to work out a consensus on the two issues at the...

-The Economic Times After one failed attempt in 2009, the Delhi government is making yet another effort to make plastic bags history in Delhi. This time the proposed blanket ban comes with zero tolerance to even plastic used to cover school books, magazines and invitation cards. These are some of the provisions of a proposal of the environment department for imposing a ban on not just sale and use but even...

-The Economic Times At a time when the Rangarajan committee is giving final touches to its recommendations on sugar deregularisation, The Union food ministry has come up with two proposals for fixing new Retail price of sugar sold in ration shops (levy sugar) to reduce the food subsidy bill. According to the first proposal, the food ministry has recommended to free up the prices of levy sugar and allow state governments to...