-The Telegraph The BJP has slammed the Centre’s move to allow FDI in multi-brand retail, alleging this would destroy self-employment, create monopolies, facilitate foreign takeover of farming units and impair local manufacturing. Sources in the BJP, which has a following among small and medium traders who own the most of the mom-and-pop “kirana” shops, warned that this section would start an agitation as the Centre’s decision amounted to the “Wal-Martisation” of India. The...

India's Maoists have spread north-east, gaining a foothold in the strategically located states bordering China and Burma, officials and analysts say. The Maoists are filling the void created by dwindling ethnic insurgent groups like the Ulfa, an Institute for Conflict Management (ICM) report says. One key Assam official told the BBC that boys thought to have gone south for jobs had instead joined the rebels. The Maoists have become squeezed in their traditional...

Maoist movement in the country has suffered a massive blow with the killing of Mallojula Koteshwara Rao, popularly known as Kishenji, in West Bengal. The biggest credit for this 57-year-old Maoist leader is the building of Lalgarh movement in West Bengal, which is now billed as the second Naxalbari in India. One of the first generation founding leaders of erstwhile CPI-ML People's War (PW) in Andhra Pradesh, Kishenji left an indelible...

Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...

CHANDRAWAL, India—Satbir Sharma's wife is dead. His family lives in fear. His father's left leg is shattered, leaving him on crutches for life.   Sharma's only hope lies in a new law that gives him the right to know what is happening in the investigation of his wife's death. Most of all, he wants to know what will happen to the village mayor, now in jail on murder charges. He talks quietly, under...