-The Hindu If we are going to buy American, why not adopt the American way of giving local bodies the right to refuse entry to super stores in their area There is the United States of America and then there is the ‘idea’ of USA that exists in the minds of significant portions of the middle classes all across the globe. How this looks in real life varies slightly according to the...

-Live Mint Step is another sign of government intent to move towards direct transfer for all programmes The Union cabinet on Thursday approved a proposal that will eventually lead to the direct transfer of cash subsidies to farmers for fertilizer, two weeks after it put in place the architecture to enable such a transition. The step is another sign of the government’s intent to move towards a regime of direct transfer of cash...

-CNN-IBN A kind of McCarthyism seems to be operating in the country. Just as the US Senator who gave the term its name saw communists lurking everywhere in the early 1950s, Arvind Kejriwal sees corruption behind every deal. He wants electricity consumers in Delhi not to pay bills, claiming that they are over-stated. He cites the cut in tariff which the former chairman of Delhi's electricity regulatory commission, Berjinder Singh, had recommended....

-The Times of India GURGAON: US retail giant Walmart is planning a series of partnerships with small and mid-level suppliers in India across product categories to create a big list of private label brands that will be priced substantially lower - as much as 10-15% - than established products and brands. The move is part of the company's strategy to go deeper into the Indian market and create cost-effective and efficient...

-The Indian Express The government’s proposal to price-control certain drugs will create more problems than it will solve From clothes to cars, prices of consumer products the world over are determined taking into account input costs, margins and competition, popularly called the cost-based pricing system. Departing from this sound, fair, tried and tested principle of commerce, the government’s new drug pricing policy, approved by the Group of Ministers headed by Sharad Pawar,...