-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...
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Oil PSUs: Decoding the math of loss or under-recovery and what it means-Avinash Celestine
-The Economic Times How right was the government when it stated that the under-recoveries posed a threat to 'our national economy'? Or when the government says that it gave more to the sector in the form of subsidies than it earned as fuel taxes? The government would also like you to believe that the under-recoveries, dependent as they are on the price of crude in the international market, and the exchange...
More »Beauty lies in the ‘domain’ of the highest bidder -Parminder Jeet Singh
-The Hindu Icann, the global authority dealing with domain names, is hastening the threat of monopolisation on the internet through its new scheme to sell generic words L’Oréal has applied for the top level domain (TLD) .beauty to the Internet Corporation for Assigned Names and Numbers (Icann), the global authority dealing with domain names on the Internet. TLDs are what we see on the right side of the dot in domain names...
More »FDI in Retail Not a Threat to Kirana Shops: Montek
-Outlook Allying fears that opening up of the retail sector for FDI will hurt small kirana shops, Plan Panel Deputy Chairman Montek Singh Ahluwalia today said modern retail is an expanding segment and it would more than double in a very short time. "I don't think FDI in retail is threat to small retailers. Modern retail is the expanding segment. Those who say that the small sector would be hurt, I think...
More »FDI in retail: How the Indian kirana store can stay on top
-The Economic Times With the coming of 'organised' multi-brand retail - whether through FDI or indigenous - can the kirana store owner create an effective response so that he competes successfully to retain his share of the consumer's growing shopping basket? And second, will he want to make the change? To answer the first question, let's recap what we know are the kirana's strengths. Successful kirana stores have great neighbourhood locations and...
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