-PTI The retail sector, where the government permitted foreign direct investment in multi-brand, courted controversies during the year with several opposition parties making it a political issue in Parliament. Even before its entry into multi-brand retail, the global chain Wal-Mart was grappling with various issues, including spending money in the US on lobbying for entry into India. Adding action to the drama was Swedish furniture chain IKEA's hectic bargaining with the government over...
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Latin Americans rank as happiest people on planet
-The Financial Express Mexico City: The world's happiest people aren't in Qatar, the richest country by most measures. They aren't in Japan, the nation with the highest life expectancy. Canada, with its chart-topping percentage of college graduates, doesn't make the top 10. A poll released yesterday of nearly 150,000 people around the world says seven of the world's 10 countries with the most upbeat attitudes are in Latin America. Many of the seven do...
More »Lok Sabha passes companies, banking Bills-Asit Ranjan Mishra, Liz Mathew and Surabhi Agarwal
-Live Mint Consideration of land acquisition Bill deferred after opposition seeks more time to study new clauses India’s Parliament got down to business on Tuesday with the Lok Sabha passing two critical Bills, the Companies Bill, 2011, and the Banking Laws (Amendment) Bill, 2011, although it deferred consideration of the land acquisition Bill. The new Companies Bill, when it is enacted, is expected to improve the quality of corporate governance by strengthening...
More »Keeping her in mind -Aarti Dhar
-The Hindu To address the rights issue and the skewed sex ratio, girl child-friendly policies get an extra thrust in the 12 Plan document, to be approved formally by this month-end The 12 Plan document of the Planning Commission, to be formally approved this month-end, has recommended setting up of a high level inter-ministerial committee on ‘Care and Protection of the Girl Child’ which will constitute the institutional mechanism for mobilising and...
More »Diluted retrospective clause in Jairam’s 153 land Bill changes-Ravish Tiwari and Maneesh Chhibber
-The Indian Express In a major course correction, the 153 amendments that Rural Development Minister Jairam Ramesh is likely to introduce to the Land Acquisition Bill in Lok Sabha on Tuesday includes a watered-down retrospective clause. The cabinet, which met last Thursday, had established the sanctity of awards declared for ongoing land acquisition processes under the existing Land Acquisition Act, 1894 across the country. This was a rejection of Jairam’s proposal to...
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