-PTI The retail sector, where the government permitted foreign direct investment in multi-brand, courted controversies during the year with several opposition parties making it a political issue in Parliament. Even before its entry into multi-brand retail, the global chain Wal-Mart was grappling with various issues, including spending money in the US on lobbying for entry into India. Adding action to the drama was Swedish furniture chain IKEA's hectic bargaining with the government over...

-Outlook Gutka lobby protests stick’s escape Law On Their Side The tobacco industry has enough clout and money to secure the support of top politicians-cum-lawyers in courts:     Arun Jaitley: ITC, market leader in cigarettes     Ram Jethmalani and Abhishek Manu Singhvi: Dharampal Satyapal Ltd     Kapil Sibal: Dhariwal industries *** Just about two months back, newspaper readers were taken aback by a series of front-page ads, one of which stated how 14 states had had banned...

-The World Bank It is generally thought that two groups are the big winners of the past two decades of globalization: the very rich, and the middle classes of emerging market economies. The statistical evidence for this has been cobbled together from a number of disparate sources. The evidence includes high GDP growth in emerging market economies, strong income gains recorded for those at the top of the income pyramid in the...

-Live Mint Consideration of land acquisition Bill deferred after opposition seeks more time to study new clauses India’s Parliament got down to business on Tuesday with the Lok Sabha passing two critical Bills, the Companies Bill, 2011, and the Banking Laws (Amendment) Bill, 2011, although it deferred consideration of the land acquisition Bill. The new Companies Bill, when it is enacted, is expected to improve the quality of corporate governance by strengthening...

-The Hindustan Times With just three days left before the ongoing winter session winds up, the UPA floor managers are in a hurry to clear its pending legislative agenda. For Tuesday, the government has listed as many as seven bills for discussion and passing. Top government sources indicated that it may list heavy agenda for the remaining two days as well. With a large part of the session already disrupted over the...