-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...
More »SEARCH RESULT
Lok Sabha passes companies, banking Bills-Asit Ranjan Mishra, Liz Mathew and Surabhi Agarwal
-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...
More »Doha dithers on equity -Meena Menon
-The Hindu THE SUNDAY STORY The scientific evidence points to a warming world. That would affect human health and agriculture, but at the Climate Change Conference in Doha, many rich countries baulked at strong action. India and China lead the developing world in calling for more remedial funding. The World Meteorological Organization (WMO) times the release of its provisional annual statement with the U.N. climate negotiations. This year, it dwelt on the...
More »90 nations sign Net treaty amid split
—AP Envoys from nearly 90 nations signed on Friday the first new U.N. telecommunications treaty since the Internet age, but the U.S. and other Western nations refused to join after claiming it endorses greater government control over cyberspace. The head of the U.N. telecoms group pushed back against U.S. assertions, defending the accord as necessary to help expand online services to poorer nations and add more voices to shape the direction of...
More »The elephant in the room -Biraj Patnaik
-The Times of India Crest The biggest hurdle for the DCT programme is the identification of the poor. The "gamechanger" announcement of the UPA 2 government on Direct Cash Transfers (DCT) for 45 schemes has generated much debate through the week with opinions flying around faster than money can get electronically transferred. At the heart of it, the idea of this proposed DCT is unexceptionable. Existing programmes where government transfers money to...
More »