After Raja, Behura and Chandolia, the heat's now on the new 2G licencees which have benefited from the telecom scam. Fear stalks the telecom industry that the CBI may now zero in on promoters and senior executives of some companies. The CBI FIR of October 2009 says, "Certain officials of DoT entered into a criminal conspiracy with certain private persons/companies and misused their official position in grant of Unified Access Service...

Even as the Centre is mulling over allowing Foreign Direct Investment (FDI) in the retail sector, Union Agriculture and Food Processing Minister Sharad Pawar on Wednesday categorically ruled out the possibility of FDI in farming. “FDI in agriculture is not required. We have about 82-86 per cent farmers whose land-holding is below two hectares. In this type of a situation where the land-holding is small, we should not think of encouraging...

Foreign direct investment (FDI) rules in agriculture may be relaxed, albeit only in non-farm wasteland and degraded lands. The Union ministry of agriculture and the department of land resources under the ministry of rural development have given "in principle approval" to a proposal of the Department of Industrial Policy and Promotion (DIPP) to invite FDI for developing non-arable land through better Technology into fertile and cultivable land. Currently FDI in agriculture is...

Billions of dollars are being made by investors in a speculative "food bubble" that's created record food prices, starving millions and destabilising countries, experts now conclude. Wall Street investment firms and banks, along with their kin in London and Europe, were responsible for the Technology dot-com bubble, the stock market bubble, and the recent U.S. and UK housing bubbles. They extracted enormous profits and their bonuses before the inevitable collapse of...

Indian cotton was once infamously plundered by the British to benefit their finished goods economy back home. The world-famous Dhaka muslin were woven with desi cotton. But while the foreign regime kept the Indian cotton alive, albeit for its own gains, independent India presided over its complete decimation. However, after about 50 years of domination of American cotton that had edged out the desi varieties for long, the Indian Council of...