-The Times of India After debating the issue for over a decade, the government on Thursday threw open the multi-brand retail segment to foreign chains such as Wal-Mart, Carrefour and others in a move to attract overseas investment and dispel doubts about the coalition's ability to push through big-bang reforms. After nearly two hours of discussion on Thursday evening, the Union Cabinet decided to allow foreign retailers to hold 51% stake in...
More »SEARCH RESULT
Trinamul to stall retail FDI plan
-The Telegraph The Trinamul Congress will oppose foreign direct investment (FDI) in retail and pension funds as well as changes in rules that will allow foreign airlines to invest in Indian carriers. Mamata Banerjee has instructed her sole member of the cabinet — railway minister Dinesh Trivedi — to oppose the retail proposal at tomorrow’s cabinet meeting, the minister confirmed today. The Trinamul roadblock is being seen as an attempt to reaffirm its...
More »UPA works on quota for Muslims by Sanjay K Jha
The Manmohan Singh government has decided to create a sub-quota for Muslims within the 27 per cent reservation for Other Backward Castes (OBCs) and an announcement is likely before the Uttar Pradesh elections next summer. Sources said inter-ministerial consultations had been completed and the law ministry was finalising the contours of the proposal to be placed before the Union cabinet in the next few weeks. Indications are that a sub-quota of 6...
More »WEF: Red Spider, Black Spider Redux by P Sainath
The audience, organisers, and fightersknow that sham wrestling is not to betaken seriously. But the World Economic Forum takes itself seriously. The comforting thing about the sham wrestling ‘championships' on television is that everybody knows they are a farce. Steroid-stuffed Cro-Magnons stomp the living daylights out of painkiller-primed Neanderthals. Good, unclean fun. The results are safely predictable. You should expect the 600-pound gorilla to overwhelm the 900-pound one in a staggering...
More »The nun's tale by Sreelatha Menon
The killing of Sister Valsa John over tribal rights is another episode of land dispute in the coal belt Why would 40 people kill a solitary nun in a remote village in coal-rich Dhumka in Jharkhand? Sister Valsa John is better known as an activist than a nun of the Sisters of Charity of Jesus & Mary. She left her home in Kerala and moved to Jharkhand two decades ago as...
More »