-The Business Standard The Odisha government has decided to resume the land acquisition process for South African steelmaker Posco’s project, which was stalled indefinitely in June last year following protests by villagers and Left leaders. The decision was taken in a meeting convened by Chief Secretary B K Patnaik on 16 August, where officials of the Central Revenue Division Commissioner, Posco-India, Jagatsinghpur district administration and Industrial Infrastructure Development Corporation of Odisha (Idco)...

-The Indian Express At a time when the government is struggling to get past objections from its coalition partners to attract investment in certain sectors such as retail, aviation and pensions fund management, a grim internecine ministerial battle has applied the brakes on Foreign Direct investment flow into one of the more attractive and lucrative sectors — pharmaceuticals. Clearances for over Rs 1,000 crore FDI in this sector, the second largest in...

-The Business Standard Madhav Gadgil headed the Western Ghats Ecology Expert Panel set up by the ministry of environment and forests in 2010. The report zoned 75 per cent of the Western Ghats into different grades of ecological sensitivity. The recommendation was to protect these zones with measures by phasing out mining and introducing organic farming and eco-friendly urbanisation. The report also proposed a development model executed in consultation with the...

-PTI Amid growing political opposition in India for easing of foreign investment norms in retail and other sectors, US-based companies like Wal-Mart and Prudential Financial are lobbying hard with their own lawmakers here to garner support for their Indian business expansion plans. As per their latest lobbying disclosure reports filed with the House of Representatives and the Senate, the US-based companies and industry groups spent millions of dollars since the beginning of...

-Live Mint There is no dearth of advisors for a government considered to be in the grip of a policy paralysis and whose prime minister is dubbed an “underachiever”. In this season of India-bashing, US President Barack Obama spared some time from his election campaign and offered some pearly words of wisdom on the Indian economy. This came at a time when in his own backyard, thousands of people marched in...