With deep pockets and international sourcing capabilities, global retail chains will outcompete domestic players, displace jobs, and undermine livelihoods. In predictable fashion, the Manmohan Singh government chose to ignore voices of opposition and implement its agenda of permitting foreign investment in the retail trade. While Parliament was in session, the Cabinet met to approve the hitherto prohibited foreign direct investment in multi-brand retail, with a cap of 51 per cent on...

Global retail chains looking to set up shop in India may face several challenges such as delay in the implementation of goods and services tax and restrictions imposed by the Agricultural Produce Marketing Committee (APMC) Act, besides political opposition. These hurdles can be roadblocks in providing real benefits to farmers and consumers as intended by the government in opening the multi-brand retail sector to foreign direct investment. “GST (goods and services tax)...

-Mid-Day.com    Drug rehabilitation centres in the city have recorded some shocking changes with regard to the number of narcotic users this year. Rehabilitation centres recorded a shocking increase in the number of pre-teens seeking help for drug abuse. According to many such centres, 13 is currently the average age of drug abusers in the city, while 16 was the age recorded last year. "The lifestyle has changed and it is not just BPO...

Armed with recordings, transcripts, emails and cuttings, Mayabhushan Nagvenkar has taken the matter of what he calls “an open and shut case” of ‘paid news' against OHeraldO of Goa to the Press Council of India. The Press Council defines ‘paid news' as “any news or analysis appearing in any media [print or electronic] for a price in cash or kind as consideration.” Mr. Nagvenkar backs his complaint with audios and transcripts...

There isn't a single burning, insurmountable issue because of which workers at Maruti's Manesar plant have struck work thrice in the last five months . Sruthijith KK & Chanchal Pal Chauhan report from Manesar that at its core lie accumulated grievances and resentment, and events are adding fuel to the fire A day after workers at Maruti Suzuki's Manesar facility went on strike in June, 55-year-old MM Singh, the company's head...