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FDI in Retail Not a Threat to Kirana Shops: Montek

-Outlook Allying fears that opening up of the retail sector for FDI will hurt small kirana shops, Plan Panel Deputy Chairman Montek Singh Ahluwalia today said modern retail is an expanding segment and it would more than double in a very short time. "I don't think FDI in retail is threat to small retailers. Modern retail is the expanding segment. Those who say that the small sector would be hurt, I think...

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PM tells nation: Trust me on reforms, I will deliver

-The Hindustan Times Prime Minister Manmohan Singh on Friday strongly justified the hard economic decisions he had taken recently and asked the common man for support so that he could repeat his 1991 act - rescuing Indian economy from being at the bottom of the heap. "I promise you that I will do everything necessary to put our country back on the path of high and inclusive growth," he said during his...

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CAG to brief PAC on coal issue today

-PTI Sparks are likely to fly in the meetings of Parliament's Public Accounts Committee as it takes up the controversial CAG report on coal block allocations from Friday when the government auditor will brief the panel on the issue. Comptroller and Auditor General Vinod Rai and his team of officials will brief the PAC on the auditor's findings on coal block allocation on Friday. The issue had virtually washed out the entire Monsoon...

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HUNGRY & HAPLESS -Antara Bose

-The Telegraph Fifty-two thousand underprivileged children of Jamshedpur and Gamharia in adjoining Seraikela-Kharsawan went without midday meal on Thursday, a cruel fallout of the Bharat Bandh that forced Jharkhand to stay indoors on Thursday. The success of the bandh meant that either government or aided schools eligible for midday meals stayed shut or BJP workers and other protesters on the road stopped drivers from ferrying food to cradles from the centralised kitchen...

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Bharat bandh evokes mixed response; train services disrupted

-The Times of India The opposition-sponsored Bharat bandh demanding a rollback of the government's decision to hike diesel prices, cap subsidised cooking gas cylinders and allow foreign direct investment in multi-brand retail has evoked mixed response across the nation. Besides the NDA and the Left, the Thursday shutdown has the support of parties like the Samajwadi Party, the TDP, the BJD and many others. In Tamil Nadu, the DMK, which is an ally...

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