-The Telegraph   Wal-Mart Stores Inc — the $446 billion retail behemoth — will be able to open stores in 22 cities across the country after the government notified a press note tonight permitting foreign direct investment up to 51 per cent in multi-brand retailing operations. The press note — which contained clauses that were not spelt out in the controversial press release issued last Friday after the cabinet formally cleared the proposal...

-The Indian Express On FDI in retail, BJP and CPM positions range from inconsistent to obstructionist The responses of the major political formations to economic reform seem to be situational. They champion investments and market-friendly measures when they are in office. When in the opposition, they take to the streets to oppose it. Shaken and stirred by the big bang of Manmohanomics 2.0, the Left and the Right plan to launch protests...

-PTI Foreign direct investment in the retail sector is likely to create as many as 10 million jobs in a span of 10 years, making it the largest sector in organised employment, says a report. According to Indian Staffing Federation (ISF), an apex body of the flexi staffing industry in India, FDI in retail can create around 4 million direct jobs and almost 5 to 6 million indirect jobs including contractual employment...

-PTI The CBI has registered five cases in connection with illegal iron ore export scam worth Rs. 2500 crore and carried out searches at 17 locations, including in the premises of associates of jailed mining baron G Janardhan Reddy, on Saturday. Acting on the orders of Supreme Court which asked the agency to probe the scam, the agency registered five cases and a preliminary enquiry against firms and exporters allegedly related...

-The Indian Express The authority in charge of providing a unique identification, or UID, number to every citizen in the country has said several UID cards issued to Delhi residents are being lost in transit by the postal service. The Unique Identification Authority of India (UIDAI) has asked India Post to immediately plug the gaps in the distribution network, Kumar Alok, Deputy Director General for Administration, Logistics and Media, UIDAI, told Newsline. He...