-The Times of India   UPA partners Trinamool Congress and DMK rejected Prime Minister Manmohan Singh's appeal to drop their opposition to FDI in retail on Thursday, enhancing the possibility that the government may have to announce that it will not roll out the decision.  Although a formal notification to make the Cabinet decision operational has already been put off, the unrelenting opposition from Trinamool and DMK may force the government to put...

-The Telegraph   The cabinet today unlocked the retail market for foreign direct investment, braving the Trinamul Congress’s objections but assuring Mamata Banerjee earlier in the day that state governments would have enough leeway to protect the interests of farmers. The most significant of today’s decisions is the clearance to 51 per cent foreign investment in multi-brand retail, which will allow the entry of giants that are already household names in a country...

There isn't a single burning, insurmountable issue because of which workers at Maruti's Manesar plant have struck work thrice in the last five months . Sruthijith KK & Chanchal Pal Chauhan report from Manesar that at its core lie accumulated grievances and resentment, and events are adding fuel to the fire A day after workers at Maruti Suzuki's Manesar facility went on strike in June, 55-year-old MM Singh, the company's head...

-The Business Standard   The striking workers at Maruti Suzuki India Limited’s (MSIL) Manesar plant agreed to vacate the factory premise, barely 24 hours after the Punjab and Haryana High Court passed an order asking the workers to move out. In a separate development, the Haryana government referred the strike at MSIL to the labour court for adjudication. The government’s move follows a letter by the MSIL management explaining how the labour unrest...

-The Times of India   The US on Thursday dragged India and China to the World Trade Organization over subsidy programmes implemented by the world's two fastest growing economies, with a top Obama administration official terming the situation as intolerable. "The situation was intolerable," US Trade Representative Ron Kirk said. Noting that every member of the WTO is required to come clean on their subsidy programmes on a regular basis, Kirk said China...