-The Times of India   Finance minister Pranab Mukherjee said on Friday that opening up of the multi-brand retail sector to foreign investment was still on the "mind of the government" and it would be pursued once consensus emerged among political parties and other stakeholders. Mukherjee blamed lack of consensus among political parties for the government's inability to implement the reform measure but said it did not reflect the lack of intention or...

-The Business Standard   Economists question veracity of the data; say too early for RBI to cut rates. Food inflation for the week ended December 10 fell to a four-year low of 1.81 per cent, after declining to 4.35 per cent last week. The decline is much sharper than what Chief Economic Advisor Kaushik Basu expected — he had predicted less than three per cent food inflation by early January. What’s more, many...

-The United Nations   The internationally stated goal of improving access to safe drinking water across the globe is likely to be achieved well ahead of the 2015 deadline, but large numbers of people in the world’s least developed regions will still not benefit, according to a United Nations report released today. Reducing by half the proportion of people without sustainable access to safe drinking water and basic sanitation by 2015 is one...

The approach paper for the 12th Five-Year Plan with focus on faster, sustained and inclusive growth is candid and forward-looking. On poverty reduction, the document notes, without comment, the annual trend decline of 0.8% accelerating to 1% during 2004-05 to 2009-10, against a promised target of 2% in the 11th Plan. It emphasises that India will easily meet the Millennium Development Goals (MDGs) of halving poverty by 2015, over 25...

Expressing concern over the agrarian crisis leading to farmers' suicides in the country, Rajya Sabha members on Thursday sought a special seven-day session to discuss the issue in depth. Initiating a short-duration discussion on the agrarian crisis, BJP leader M. Venkaiah Naidu sought the special session to discuss the situation and find solutions. Mr. Naidu said that while the economy was growing at 7-8 percent, the farm growth was only around...