-The Times of India After debating the issue for over a decade, the government on Thursday threw open the multi-brand retail segment to foreign chains such as Wal-Mart, Carrefour and others in a move to attract overseas investment and dispel doubts about the coalition's ability to push through big-bang reforms. After nearly two hours of discussion on Thursday evening, the Union Cabinet decided to allow foreign retailers to hold 51% stake in...
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WEF: Red Spider, Black Spider Redux by P Sainath
The audience, organisers, and fightersknow that sham wrestling is not to betaken seriously. But the World Economic Forum takes itself seriously. The comforting thing about the sham wrestling ‘championships' on television is that everybody knows they are a farce. Steroid-stuffed Cro-Magnons stomp the living daylights out of painkiller-primed Neanderthals. Good, unclean fun. The results are safely predictable. You should expect the 600-pound gorilla to overwhelm the 900-pound one in a staggering...
More »Investment in children is paying off, but it must reach most vulnerable-UN report
-The United Nations Children’s well-being has improved dramatically thanks to increased global political will and efficient supportive programmes and policies, according to a report released today by the United Nations Children’s Fund (UNICEF) and Save the Children UK, but it also warns that benefits need to reach the most disadvantaged children for gains to be sustainable. “We have seen remarkable results largely because of strong political will by countries, matched by the...
More »BJP, Left oppose FDI in retail; UPA also divided
-CNN-IBN As the Cabinet meets to decide on allowing Foreign Direct Investment (FDI) in the multi-brand retail, it remains to be seen whether the Prime Minister will bite the bullet. The Bharatiya Janata Party (BJP), the Left, UPA ally Trinamool Congress along with some Cabinet ministers Veerappa Moily and Mukul Wasnik have opposed it. While the BJP feels that FDI will lead to unemployment, the Left has said that it may lead...
More »Aids-related deaths 'down 21% from peak', says UNAids
-BBC Aids-related deaths are at the lowest level since their 2005 peak, down 21%, figures from UNAids suggest. Globally, the number of new HIV infections in 2010 was 21% down on that peak, seen in 1997, according to UNAids 2011 report. The organisation says both falls have been fuelled by a major expansion in access to treatment. Its executive director, Michel Sidibe, said: "We are on the verge of a significant breakthrough." He added: "Even...
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