-The Indian Express One of the three formulae used by the Comptroller and Auditor General to calculate the loss to the government for selling 2G spectrum on a first-come-first-served basis was suggested by BJP leader and Parliament’s Public Accounts Committee (PAC) chairman Murli Manohar Joshi. When the team conducting the audit said they “are not on strong ground” in basing the loss on the formula suggested, they were told by CAG headquarters...

-The Times of India Congress faces an array of opponents keen to corner it over its decision to allow foreign direct investment in multi-brand retail raising the possibility of raucous disruptions as the winter session of Parliament gets underway on Thursday. The bone of contention is the Opposition's demand that the FDI policy be discussed under a rule that entails a floor test and the government's determination not to accept such a...

-The Telegraph The CPM is visibly enjoying Mamata Banerjee’s political isolation in her push for a no-trust motion and chose to make light of her overtures today, trying to suggest she was out of her depth in national politics. “She has completely misunderstood the issue. The issue is not the government; the issue is policies. Policies have to be reversed. What do you do if another government pursues the same policies?” politburo...

-The Times of India Retail giant Walmart has disclosed that it is investigating alleged violations of the US anti-bribery law in India, China and Brazil. The development could trigger fresh opposition to the opening up of the domestic retail market to global companies. The disclosure is likely to provide ammunition to political parties that are planning to corner the government on its decision to allow FDI in multi-brand retail when Parliament reconvenes...

-The Telegraph The four Left parties today iterated the need for a debate and vote in Parliament on FDI in multi-brand retail, but suggested they might not press beyond a point if the government refused a vote, stressing that Parliament needs to function. “A decision of this nature is the right of the executive. But any major decision affecting a vast number of people must reflect the opinion of Parliament. If not,...