-The Hindu The government’s claim that it will dampen inflation, bring higher prices for farmers and lower prices for customers may be somewhat exaggerated With the intention of signalling a strong commitment to reforms, the UPA government has announced a hike in the price of diesel and liberalisation of foreign direct investment (FDI) in multi-brand retail, justifying the measures as growth-enhancing and inflation-dampening. They have been termed bold by India’s corporate sector...

-The Economic Times Foreign multi-brand retailers present in India through cash-and-carry route are expected to roll out consumer facing formats in the short to medium term, a research paper by consultancy firm KPMG said. The paper said most of the foreign retailers will undertake changes in their cash-and-carry arrangement with their Indian partners. However, Single brand retailers would significantly invest in India in the next 12-18 months due to 100% ownership which...

-The Indian Express DIPP officials cite regulatory issues, problems in checking inter-state transactions in e-commerce activities The new rules that allow foreign retail chains to pick up to 51% stake in Indian supermarkets will not apply to e-commerce companies in the business-to-consumer (B2C) space. This means while the US-based retail firm Walmart can pick up a 51% stake in Bharti Retail, the JV firm cannot sell its products online through that entity....

-IANS PATNA: Bihar chief minister Nitish Kumar on Monday said he was not in favour of allowing FDI in his state and added that farmers would not benefit at all from the UPA government's decision to open up the multi-brand retail market to FDI. Addressing a press conference here, the Bihar chief minister also said he had voiced his apprehension to the United Progressive Alliance (UPA) government in New Delhi about allowing...

-The Hindu The debate on the pros and cons of genetically engineered/modified crops is universal. In India, in the face of vociferous protests, the controversy has only deepened leading to a moratorium on cultivation of Bt Brinjal crop — the first GM food crop sought to be commercialised. Gargi Parsai spoke to Basudeb Acharia, Chairman of the Parliamentary Standing Committee on Agriculture, on its new report, “Cultivation of Genetically Modified Food...