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...

Chairperson of the Atomic Energy Commission of France Bernard Bigot on Monday said the controversial European Pressurized Reactor (EPR) technology was re-evaluated after the Fukushima disaster and it had got the green signal from the nuclear safety regulatory bodies of his country, the United Kingdom and Finland. The three regulatory bodies had expressed reservations about the design aspects of the EPR. This happened due to greater transparency, which was the top...

In a move most ministries would shy away from, Rural Development Minister Jairam Ramesh has written to the Comptroller and Auditor General (CAG) of India, requesting him for a performance and financial audit of the National Rural Employment Guarantee scheme (NREGA), the most heavily funded flagship scheme of the UPA government. The minister has written to CAG Vinod Rai, who was recently criticised by Prime Minister Manmohan Singh for calling frequent...

The stalemate in relation to the Kuda­nkulam Nuclear Po­wer Project (KK­N­PP) continues despite the ‘fail-safe’ certificate issued by former Indian President Abdul Kalam and the central panel of experts headed by A E Muthunayagam. The representatives of the people of that area are still saying, “We will never settle down for anything less than the scrapping of the KKNPP.” Srikumar Banerjee, secretary of the department of atomic energy, has expressed...

Bhukan Singh is a small, shy figure, with a nervous smile - he does not look like a hero. But standing in a field near his home, he recalls the day last March when his fight for transparency and justice in the eastern Indian state of Jharkhand nearly resulted in his death. "In today's India speaking the truth is not easy," Mr Singh, 44, says wistfully, remembering how, on that March day...