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Foodgrains Output Likely to Drop: Pawar

-Outlook Foodgrains production in 2012-13 will be lower than last year's record output of 257.44 million tonnes but availability would be sufficient to meet domestic demand, Agriculture Minister Sharad Pawar said today. Addressing the Economic Editors Conference, he said the government would make efforts to compensate the projected fall in kharif foodgrains output during the ongoing rabi season. "This year, production will definitely be less than last year. Last year was exceptional year,...

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CAG reports are objectively prepared: Vinod Rai

-The Times of India Comptroller and auditor general Vinod Rai on Monday defended his audit reports and said they were carried out with objectivity and in a professional manner. "To ensure that our professional and personal conduct is above reproach, we have adopted a code of ethics comprising the general ethical requirements of integrity, objectivity, professional secrecy and competence," he said addressing an accountants general (AGs) conference in the Capital. The three-day conference...

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For a few dollars more -Dipankar Bhattacharyya

-The Hindustan Times The industries opened up to foreign investment in the past 20 days produce less than a tenth of India's national income. On the face of it, this number is too small to justify the opposition to foreign direct investment (FDI) in supermarkets, airlines, insurance and pensions. Or the government's resolve to open these businesses to foreigners with or without majority control. The picture changes when you see how fast...

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The wait for a new passport -Sweta Dutta

-The Indian Express Ten kilometres from Jodhpur city, on a sultry afternoon under a flapping tent, a baby girl is born to Sadhu and Radha. People crowd around and peer into the tent to congratulate the couple. Someone in the crowd says, “The first Indian among us, she should be named Bharati.” The suggestion is met with nods of approval and cheers of “Bharati”. Over the last one month, the makeshift tent...

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Supreme Court to examine validity of FDI notification -J Venkatesan

-The Hindu Seeks A-G’s assistance in clarifying issues raised by PIL The Supreme Court will examine the validity of the notification the Centre issued on September 20 of its decision to allow Foreign Direct Investment (FDI) in multi-brand retail. On Friday, a Bench of Justices R.M. Lodha and Anil R. Dave, without issuing notice, sought Attorney-General G.E. Vahanvati’s assistance in clarifying certain issues, and directed advocate M.L. Sharma, who has challenged the...

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