-The Telegraph   The cabinet today unlocked the retail market for foreign direct investment, braving the Trinamul Congress’s objections but assuring Mamata Banerjee earlier in the day that state governments would have enough leeway to protect the interests of farMers. The most significant of today’s decisions is the clearance to 51 per cent foreign investment in multi-brand retail, which will allow the entry of giants that are already household names in a country...

-The Telegraph The BJP has slammed the Centre’s move to allow FDI in multi-brand retail, alleging this would destroy self-employment, create monopolies, facilitate foreign takeover of farming units and impair local manufacturing. Sources in the BJP, which has a following among small and medium traders who own the most of the mom-and-pop “kirana” shops, warned that this section would start an agitation as the Centre’s decision amounted to the “Wal-Martisation” of India. The...

What is our national aim? To my mind, our national aim must be to make India a highly prosperous country for its citizens, and for that it is necessary to have a high degree of industrialization.  Even setting up and running a single primary school requires a lot of money, e.g. for buying land, erecting the school building and providing for the recurrent expenditure for salaries of teachers, staff, etc. We...

Security forces zeroed in on the location of top Maoist leader Kishanji with the help from their informants within close quarters of the operational commander in what marks a success of intelligence agencies in penetrating the close-knit extremist outfit and suggests that other top-notch extremists could also be in the crosshairs. Senior official sources attribute the elimination of Kishanji to 'HumInt' ( human intelligence) network, painstakingly nurtured during the truce they...

The Manmohan Singh government has decided to create a sub-quota for Muslims within the 27 per cent reservation for Other Backward Castes (OBCs) and an announcement is likely before the Uttar Pradesh elections next sumMer. Sources said inter-ministerial consultations had been completed and the law ministry was finalising the contours of the proposal to be placed before the Union cabinet in the next few weeks. Indications are that a sub-quota of 6...