-PTI Law Minister Salman Khurshid today made it clear that legal education would remain within the purview of Bar Council of India, saying the apex lawyers' body could decide best what is necessary in this area. His comments came in wake of strong opposition from the apex lawyers' body about a proposed Bill of the HRD Ministry, which it allege is aimed at usurping the BCI's control over legal education. HRD Minister Kapil...

-The Economic Times "Are we knowledge-proof?" asked the late Prof Raj Krishna. As memorable as his other coinage, the Hindu rate of growth, this question is relevant, given our current growth strategy. The SME sector is a vibrant part of the economy, accounting for 40% of manufacturing and generating jobson a scale second only to agriculture. The figures are similarly significant for handicrafts and handlooms. According to the Tenth Plan, GDP from handicrafts...

-The Hindu Building ‘capitalism with Indian characteristics’ means decisions cannot ignore concerns of voters and communities As the economy slows down and the rupee wilts, Manmohan Singh has bitten the ‘reforms’ bullet with both eyes on the credit rating agencies whose negative reports have done much to dampen the ‘animal spirits’ of investors, foreign and native. Last November, when the Congress party made a push to introduce foreign direct investment in multi-brand retail,...

-The Telegraph   Wal-Mart Stores Inc — the $446 billion retail behemoth — will be able to open stores in 22 cities across the country after the government notified a press note tonight permitting foreign direct investment up to 51 per cent in multi-brand retailing operations. The press note — which contained clauses that were not spelt out in the controversial press release issued last Friday after the cabinet formally cleared the proposal...

-PTI HYDERABAD: Cash-starved Andhra Pradesh government is finding it tough to honour the Congress high command's directive on increasing the subsidised LPG quota from six to nine cylinders per family a year. The government, that is surviving by selling its securities every month to raise funds, is not in a position to foot the additional subsidy Bill on LPG, sources said. Preliminary estimates suggest that the state government will have to bear a...