-Tehelka Edited Excerpts From An Interview NOTED ECONOMIST and Columbia University Professor Jagdish Bhagwati’s pro-free trade stance is well-known. A friend of the prime minister and his batch mate from Cambridge University, Professor Bhagwati feels the UPA’s departure from the stagnation of the past few years is a welcome change, and lauds the decision to allow FDI in multi-brand retail. In an interview to TEHELKA Business Editor Shaili Chopra, Bhagwati says more...

-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...

-The Indian Express Raipur: The Chhattisgarh Police has found that Maoists are at an advanced stage of developing indigenous propellers and rocket launchers, which not only means that their strategic strength is rising but also that they pose a serious threat to aircraft in the Bastar region. On Friday, for the first time, they managed to bring down an IAF helicoper, forcing it to crash-land in Sukma district of the state. There...

-The Indian Express Gadchiroli: A top Naxal leader who surrendered recently has said that the government’s twin strategy of security with development has begun to hurt the Maoists, leaving the morale of their cadre affected. “The senior leadership of the party (CPI Maoist) is worried over setbacks due to Operation Greenhunt and the various developmental works undertaken by the government in remote areas of districts like Gadchiroli,” Badarpu Mallaiyya alias Shekhar, the...

-The Hindu Farmers are opting for the real estate option due to poor agricultural conditions Pushed by unsettling agricultural conditions and pulled by lucrative real estate deals, farmers across the famed and fertile Cauvery delta in Tamil Nadu are selling their lands to real estate developers. In Amma Chatram, Marudhanallur, Tirunageswarm, Mathur, and in a host of other villages in Thanjavur and adjacent districts, farmlands are being converted to residential plots at...