With deep pockets and international sourcing capabilities, global retail chains will outcompete domestic players, displace jobs, and undermine livelihoods. In predictable fashion, the Manmohan Singh government chose to ignore voices of opposition and implement its agenda of permitting foreign investment in the retail trade. While Parliament was in session, the Cabinet met to approve the hitherto prohibited foreign direct investment in multi-brand retail, with a cap of 51 per cent on...

A delhi court on Saturday ordered registration of an FIR against Team Anna member Kiran Bedi for allegedly misappropriating funds meant for her NGOs, India Vision Foundation and Navjyoti Foundation. Additional Chief Metropolitan Magistrate Amit Bansal ordered the FIR on the basis of a complaint filed by a Delhi-based lawyer, Devinder Singh Chauhan, alleging that Bedi had “looted” various paramilitary forces and state police organisations through a scheme called “Meri Police”...

-The Telegraph   The cabinet today unlocked the retail market for foreign direct investment, braving the Trinamul Congress’s objections but assuring Mamata Banerjee earlier in the day that state governments would have enough leeway to protect the interests of farmers. The most significant of today’s decisions is the clearance to 51 per cent foreign investment in multi-brand retail, which will allow the entry of giants that are already household names in a country...

-The Economic Times   The Congress-led government has tried to reach out to Other Backward Communities (OBCs) by drastically relaxing the definition of 'creamy layer' and including those with an annual income of Rs 12 lakh in metros eligible for job reservations. The eligibility level in non-metros will be an annual income of Rs 9 lakh.  The existing ceiling for this is an annual income of 4.5 lakh. The National Commission for Backward...

Two stories on two days, both from Delhi and both shocking in their revelations. Both involved child abuse. The first story was about a university professor on the run, allegedly after it came to light that he had employed a 10-year-old boy in his house, and worse, regularly beat him. The second story was even more mind-numbing in its details. Sanjana (name changed to protect identity), a 14-year-old girl, is...