-PTI Government decision to allow FDI in retail saw uproar in both Houses of Parliament, with ruling UPA ally Trinamool Congress leading the charge and the entire opposition joining them. Soon after Speaker Meira Kumar condemned the attack on agriculture minister Sharad Pawar, Trinamool Congress members rushed near the well of the Lok Sabha demanding cancellation of the decision of the Union Cabinet to allow 51 per cent FDI in multi-brand retail...
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FDI in retail: Opening up retail will help India's growth, curb inflation, says RBI governor Subbarao
-Reuters India's growth story is still "credible" and the move to open up the economy to global supermarket chains will help growth and control inflation, RBI governor Duvvuri Subbarao said on Friday. "It's commendable that government has taken the initiative. Let's hope that it will improve the logistics chain and supply chain management in agriculture," Subbarao said in a speech in Chandigarh. Late Thursday, the government approved 51 percent foreign direct investment in...
More »Row over movie 'Dam 999', quake & safety of a 116-year-old Mullaperiyar Dam
-The Economic Times Prime Minister Manmohan Singh on Wednesday night held consultations with water resources minister PK Bansal on the Mullaperiyar Dam - an old dispute between Kerala and Tamil Nadu, which has been reignited by a movie, Dam 999, and fresh cracks on the Dam following two minor quakes in the region. "It is amongst themselves that the matter can be sorted out. We can only play a role of facilitator....
More »If it is 999, it must be our Dam by GC Shekhar
The floodgates have opened on a movie ominously titled Dam999, which some political parties in Tamil Nadu feel is toeing the line of neighbouring Kerala in a dispute between the states. A section of Tamil Nadu politicians feels the movie, produced and directed by a Malayali businessman, relates to the controversy around the 116-year-old Mullaperiyar Dam in central Kerala. Tamil Nadu holds the lease rights to the Dam for 999 years...
More »India Maoists 'spread to north-east states' by Amitabha Bhattasali
India's Maoists have spread north-east, gaining a foothold in the strategically located states bordering China and Burma, officials and analysts say. The Maoists are filling the void created by dwindling ethnic insurgent groups like the Ulfa, an Institute for Conflict Management (ICM) report says. One key Assam official told the BBC that boys thought to have gone south for jobs had instead joined the rebels. The Maoists have become squeezed in their traditional...
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