-AFP JOHANNESBURG: Foreign farms are spreading across Africa to grow food and biofuels for global markets, bringing much-needed investments but also new troubles for a continent struggling to feed itself.  China, Malaysia, Singapore and Bangladesh are just some of the countries spending billions of dollars in what critics have dubbed a new "scramble for Africa", a reference to Europe's 19th century colonisation drive.  But Africa holds an estimated 60 percent of the world's...

A day after partymen raised a stink over the UPA’s alleged policy paralysis at the Congress working committee meeting, the government moved to make amendments to the pension bill — one of the reforms measures that had been hit by coalition politics — at Thursday’s cabinet meeting. A cabinet note mentioned that the government had decided to address the concerns of all stakeholders and to build a broad consensus on...

-PTI The Australian government might have overturned a ban on uranium sale to India but a majority of people in the country still appear opposed to the idea of selling the mineral to New Delhi. In a new survey, a majority of Australians were found to be against the recent Labor party decision of lifting ban on Uranium sale to India with 61% opposing it. "More than 60% of Australians say they are...

-The Telegraph The Centre has renewed efforts to forge a consensus on allowing Foreign Direct investment in multi-brand retail by writing to all chief ministers, seeking to drive home the urgency against the backdrop of grim economic data. “Letters have been written to all chief ministers to build consensus to open up the multi-brand retail sector to FDI,” a commerce ministry official said. The statement came a day after the country posted its...

Having watched from the ringside for many years now, I have no doubt in advising that the steering wheel must be firmly grasped by the government and direction given to policies that should be stable for at least the medium term. This is crucial for the growth of Indian pharma, a $20-billion industry growing at an average of 12% considering both domestic and export arenas. Price control: The biggest and most...