-The Economic Times The government must decontrol sugar, lift curbs on trade in molasses and allow proper markets to function in this sector. Ill-informed would-be saviours of farmers like Gen V K Singh oppose the move. They only serve to fatten liquor barons like the late Ponty Chadha and depress farm incomes. As an article by Nidhi Nath Srinivas (ET, November 22) points out, wily politicians use control to make the sugar...
More »SEARCH RESULT
Wal-Mart India unit suspends CFO, others
-Reuters The Indian joint venture of Wal-Mart Stores Inc has suspended its chief financial officer and other employees as it investigates alleged violations of US anti-bribery laws, a development that could hamper India's efforts to open its domestic supermarket sector to foreign investment. Wal-Mart, the world's largest retailer, said last week it has opened internal inquiries or investigations into bribery allegations in Brazil, China and India, which follows an earlier probe in...
More »ITU can’t be allowed to regulate content and free speech, says Sibal -Shalini Singh
-The Hindu India’s proposed changes to ITRs preliminary; firm position in Dubai only after consultation and consensus India’s proposal on the International Telecommunications Regulations (ITRs), submitted to the International Telecommunications Union (ITU), is far from the last word on the matter, Telecom Minister Kapil Sibal has said. Mr. Sibal’s remark offers immense relief to Indian citizens and the Internet industry, especially Internet and mobile service providers, social media and other companies that are...
More »RBI Rules Out Introduction of Islamic Banking
-Outlook Kochi: Reserve Bank Governor D Subbarao today ruled out introduction of Islamic banking in the country but said other methods for channelising funds based on the principles of Islamic law can be looked at. "Islamic banking is not possible", he said, adding the central bank could look at other vehicles based on Islamic banking principles to channelise NRI funds. Replying to a question on the issue, Subbarao said: "There are some legal...
More »Google enters debate on UN Internet control
-AFP WASHINGTON: Google has jumped into the debate over a UN telecom gathering set to review regulations affecting the Internet, claiming it is "the wrong place" to make decisions about the future of the Web. In a posting on its "take action" blog this week, Google said the December gathering of the UN's International Telecommunications Union comes amid "a growing backlash on Internet freedom." The ITU's World Conference on International Communications opening next...
More »