-CNN-IBN   "Many said that Kentucky (KFC) will drive the dhabas out of the market. The dhabas have driven out Kentucky. The Indian sherbet is still there despite Coca Cola and Pepsi. Don't underestimate India." That was former NDA finance minister Jaswant Singh in 2004 when he supported FDI in retail. "Fifty per cent of our population, comprising of small traders, street-vendors and the self-employed, sustain themselves through retail businesses. The UPA government...

The Congress today appears besieged and beleaguered with key allies and even members from its own ranks lining up behind the combined Opposition in vehemently opposing the Manmohan Singh government’s decision to allow FDI in multi-brand retail. But, paradoxically, this state of siege — reflected by the prolonged deadlock in Parliament with a quasi no-confidence motion hanging over it — also gives the Grand Old Party a great opportunity not just...

This wedding season, anxious grooms from Parsa and Ghatburra, two villages in Chhattisgarh's Surguja district, were offered financial assistance from an unlikely source. Adani Mining Pvt Ltd, a subsidiary of Adani Enterprises Ltd, was handing out loans to all those who could prove that the money would be spent on marriage arrangements. “A company official took us to the bank, opened accounts in our names, and gave us cheques for Rs....

Canada hosted this year’s G-20 and as a follow-up it had a conference for Speakers of Second Chambers—or of unicameral ones where relevant—from September 2-5. The theme was Food Security and Financial Crisis. The burden of the speeches was predictable. Food security for most people is about agriculture and its protection. It is about food production and everyone wished they could grow more food. Others took a neo-Malthusian line that the...

Increasing scrutiny of the Intergovernmental Panel on Climate Change and, in particular, its chairman, should lead to reforms THE past month has not been a good one for Rajendra Pachauri (pictured above), the charismatic chairman of the Intergovernmental Panel on Climate Change (IPCC) and director general of TERI, an Indian research institute. His numerous positions on boards and industrial advisory panels, in India and beyond, have led to charges of conflicts...