-The United Nations Consumers, food retailers and governments can take simple actions to dramatically reduce some 1.3 million tons of food waste every year, according to a new campaign launched today by the United Nations and its partners. Launched by the UN Environment Programme (UNEP), the UN Food and Agriculture Organization (FAO) and partners, the campaign – ‘Think, Eat, Save. Reduce Your Foodprint’ – seeks to accelerate action to eliminate wasteful practices...

-PTI Seeks centre's response on some regulatory measure after FDI is allowed The Supreme Court on Tuesday said that interest of small retail traders should not be affected due to foreign direct investment (FDI) in Retail Sector and sought response from the Centre on how it intends to safeguard their interests. A bench headed by Justice R M Lodha asked the Centre to file its response within three weeks. "What checks are there to...

-Tehelka Edited Excerpts From An Interview NOTED ECONOMIST and Columbia University Professor Jagdish Bhagwati’s pro-free trade stance is well-known. A friend of the prime minister and his batch mate from Cambridge University, Professor Bhagwati feels the UPA’s departure from the stagnation of the past few years is a welcome change, and lauds the decision to allow FDI in multi-brand retail. In an interview to TEHELKA Business Editor Shaili Chopra, Bhagwati says more...

-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the Retail Sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...

-The Times of India Brace for higher fuel bills as the government has formally started the consultation process for raising diesel and cooking gas prices - the latter with an increased annual cap of nine subsidized refills - in line with the recommendations of a finance ministry panel. The committee under former bureaucrat Vijay Kelkar, tasked to suggest a roadmap for cutting fiscal deficit, has suggested raising diesel price periodically to align...