-The Indian Express FDI in retail will bring competition to non-tradable services, and make Indian firms globally competitive India removed barriers to trade in goods in the 1990s. Removing protection brought global competition and raised productivity. But introducing global competition in services is harder. In certain services that are tradable, like legal or financial services, the removal of trade barriers can introduce competition and increase productivity. But these often involve complicated and...

-The Hindustan Times With UPA 2 having carried the day on the motions disapproving foreign direct investment (FDI) in India’s multi-brand retail trade sector, the crescendo for a fresh round of GenNext reforms has reached a higher pitch. The editorial in this newspaper titled The slog overs have begun (Our Take, December 10) states, “Now that FDI in retail is through, the UPA must push ahead with other reforms.” The Congress-led coalitions...

-Live Mint The solutions to India’s growth problems require a more holistic approach Whether rightly or wrongly, there is a growing critique of India’s current development strategy: of a top-down, trickle-down theory that rides on an extraordinary growth momentum. They are disparate, but when the dots are connected they do present a coherent reminder that this strategy may not be the best and, worse, it is not sustainable. To a large extent this...

-AFP DOHA: UN talks seeking to halt the march of global warming entered their final day in Doha on Friday with key points outstanding: extending the greenhouse gas-curbing Kyoto Protocol and funding for poor countries. Delegates are preparing for a long day and night of final haggling to find consensus on interim ways to rein in climate change and smooth the way to a new deal that must enter into force in...

-The Economic Times DOHA: At a time when the reticence of industrialised countries to providing climate finance and reducing emissions is hampering an outcome at Doha , UN secretary general Ban Ki-moon unambiguously called on the industrialised countries to do more. At the same time, the UN top boss made it clear that all countries need to make an effort according to their level ofeconomic development to tackle climate change.  Negotiators from...