The Chhattisgarh High Court has directed that no further action be taken towards granting environmental clearance to a coal mine operated by DB Power Ltd, a subsidiary of DB Corp, one of India's largest media corporations. The respondents have been given three weeks to reply. A writ petition filed in the court accuses the company of adopting “deliberate, illegal and manipulative” measures to influence the outcome of a public hearing held...

-The Times of India   A delegation of farmers from north India met commerce industry and textiles minister Anand Sharma on Saturday and backed the government's move to allow 51% foreign direct investment in the multi-brand retail sector. The farmers said the policy removes middleman and will bring better prices for the farmer's products. They said a progressive move that is expected to benefit the farm economy should be supported. "As far as FDI...

Yerra Srilakshmi was an IAS topper but has added another feather to her cap, although a dubious one. She is the first woman IAS officer to be arrested for alleged corruption. The 1988-batch officer, held yesterday in connection with the mining case involving the Obulapuram Mining Company (OMC), owned by arrested former Karnataka minister and mining baron Gali Janardhan Reddy, was today remanded in CBI custody for three days by a local...

Finance Minister Pranab Mukherjee may be right in pushing for FDI in retail because reports have been pouring in, indicating that the economic downturn in India and abroad will worsen in coming weeks. 'I want money,' an agitated Finance Minister Pranab Mukherjee reportedly told the Cabinet on Thursday, November 24, when coerced by colleagues from his Congress party for pushing 51 per cent Foreign Direct Investment in retail. The FDI issue is...

-The Hindu   This is a major step towards providing liberation to farmers, says Sharma Ridiculing claims that opening of foreign direct investment (FDI) in multi-brand retail will lead to displacement and unemployment, Union Commerce and Industry Minister Anand Sharma on Friday asserted that this bold move would lead to creation of 10 million jobs and billions of dollars in investments during the next three years. Brushing aside the criticism by the Opposition parties,...