An inter-ministerial panel will decide on the contentious issue of opening organised retail to foreign investment after examining stakeholder feedback to the discussion paper put out by the government. “A panel of six ministries was constituted on September 27, which will be chaired by Kewal Ram, senior economic advisor in the consumer affairs ministry,” a government official told ET. The committee will have representation from the department of industrial policy and promotion,...

It's been nearly a year since the ‘paid news' syndrome — an appalling industry-wide violation of media ethics and a media-related electoral malpractice — was brought to people's attention by a section of the media. The issue still remains in the public domain, drawing critical comment and protest every now and then. The large-scale practice of paid news, particularly during the run-up to elections, has the potential of misleading the...

The new mining legislation will make woman of the house chief beneficiary of the compensation for land acquired for mining project, as the government seeks to ensure the large amounts provided go into ensuring livelihood and are not depleted quickly. This is in sync with the government’s attempt to empower women by giving them a bigger role in financial decision-making. “Women are known to manage the household finances better than their male...

A good monsoon this year will help Indian agriculture grow robustly and benefit the food processing and packaging sectors, Minister of State for Agriculture and Consumer Affairs K. V. Thomas said Tuesday. 'Companies which have invested in supply chain of farming like contract farming, food processing and packaging will benefit greatly from good agricultural output,' he said at a conference organised by the Confederation of Indian Industry. He said good agricultural growth...

The decision to defer cotton export registration by one month – from October 1 to November 1 – may help the textile companies in the short term because of sufficient availability, but there are concerns on how long that would last. Arrivals of cotton are uncertain across India with farmers apprehensive about the yield due to inclement weather. The early varieties of cotton from Punjab and Haryana have also been affected...