-The Times of India Several Bharti-Walmart stores will remain closed on Thursday as a precautionary measure due to the bandh called by traders across the country, sources said. World's second largest retailer Carrefour, which is present in the wholesale segment in the country, also beefed up security at its stores in Delhi and Jaipur. Private security guards patrolled the Carrefour store in the crowded Shahdra area in east Delhi and vigorously checked...

Consider this. Every time petrol prices rise, oil companies end up losing more money. How? The price differential between petrol and diesel increases further; people start buying diesel-powered vehicles so oil firms bleed more. Even worse, we all bleed because dieselisation adds to toxic pollution in our cities. This, in turn, adds to the health burden and costs. This is all very well accepted. Yet, nobody has done anything to fix...

Two days after a mob of 300 Trinamool workers and supporters stormed a police station in the heart of Kolkata, assaulted policemen and vandalised government and private vehicles, the police have filed a preliminary report of the rioting — and indicted their own men. The mob, comprising members of two clubs in Chief Minister Mamata Banerjee’s south Kolkata neighbourhood, fought street battles with policemen from Bhowanipore police station who had asked...

-The Hindu   “Allowing oil firms to control market will hurt economy”   De-regulation by which the three public sector oil companies are empowered to set the price of petrol and other petroleum products has been challenged in a public interest litigation petition in the Supreme Court. The All India Youth Federation (AIYF), represented by its general secretary P. Sandoshkumar, said there was no rationale behind replacing the Administered Pricing Mechanism (APM) with the Import...

-PTI   Food minister KV Thomas said that apart from raising foodgrains production, the country needs modern storage facilities on the lines of China to sustain the implementation of new food bill provisions.  The draft National Food Security Bill, which is likely to be introduced in the winter session of Parliament, seeks to provide legal entitlement to subsidised foodgrains to 75 per cent of the country's rural population and 50 per cent of...