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Cabinet may consider proposal to allow 51% FDI in multi-brand retail

-The Economic Times   The cabinet will shortly consider a proposal to allow 51% foreign direct investment (FDI) in multi-brand retail, as the government finally musters the will to implement the controversial policy measure that has been stalled for years. The commerce and industry ministry has prepared a note for the cabinet to allow 51% FDI in multi-brand retail and increase the limit on single-brand retail to 100% from the current 51%....

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RBI asked to name top 100 defaulting industrialists by Anuja & Remya Nair

The commission has now directed RBI to furnish the information by 10 December to the applicant and publish it on its website by the month-end The Central Information Commission (CIC), which enforces the Right to Information Act, has directed the central bank to make public the names of the top 100 industrialists who have defaulted on loans taken from public sector banks. The Reserve Bank of India (RBI) had declined to disclose...

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Land grab projects? by Lyla Bavadam

An independent study says some 250 thermal power projects that have got clearances may be meant just to grab land and water resources. THERE have been a growing number of headlines that speak of an energy crisis and the energy deficit in India in the last few years. The disparities in the demand-supply scenario, the increasing prospects of disruptions in the global supply of fuel and the consequent results of higher...

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Wanted: more jobs by TK Rajalakshmi

The annual report of the International Institute for Labour Studies projects a grim future for employment prospects. WITH the United States and much of Europe grappling with the slowdown in their economies and the resultant social unrest, the publication of the World of Work Report 2011: Making Markets Work for Jobs could not have come at a more opportune moment. Brought out by the International Institute for Labour Studies, which was...

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India dirtiest and filthiest: Ramesh

-Yahoo.com   Rural development minister Jairam Ramesh today described India as the "dirtiest and filthiest" country in the world where people with mobile phones go out to answer the "call of nature".   The comment was the latest addition to the minister's repertoire of controversial statements on a gamut of subjects ranging from education and research to sport utility vehicles (SUVs) and sanitation. Ramesh, who last month said open defecation was a "blot" and a...

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