The Gujarat High Court on Thursday directed the Central Bureau of Investigation to take over the investigation into the Ishrat Jahan fake encounter case. Stating that the Gujarat police could not be “relied upon” to conduct an impartial probe, the High Court asked the CBI to consider the case as an “exceptional one having national ramifications.” A Division Bench, comprising Justices Jayant Patel and Abhilasha Kumari, also directed chairman of the High...

-CNN-IBN   "Many said that Kentucky (KFC) will drive the dhabas out of the market. The dhabas have driven out Kentucky. The Indian sherbet is still there despite Coca Cola and Pepsi. Don't underestimate India." That was former NDA finance minister Jaswant Singh in 2004 when he supported FDI in retail. "Fifty per cent of our population, comprising of small traders, street-vendors and the self-employed, sustain themselves through retail businesses. The UPA government...

When psychologists identified the phenomenon of cognitive dissonance — the ability to believe two contradictory things at the same time — they might have been describing the world of international cLIMate change negotiations. Only this month, two authoritative international agencies have pointed out that the world has only a few years left in which to begin taking sufficient action to combat dangerous global warming. The United Nations Environment Programme's Bridging the Emissions...

Has India done a China to its trade partners? Against huge opposition and popular discontent over the years, the Cabinet last week cleared 51 per cent foreign direct investment (FDI) in multi-brand retail and allowed 100 per cent FDI in single-brand retail. The move appears crafty in that it tries to change the perception of a reform impasse in the government while simultaneously aiding India’s negotiators to meet their peers...

The 11th five-year plan promised the nation “inclusive growth”. It marked a departure from the earlier official position that the “benefits of growth” would automatically “trickle down” to the poor, and that if growth was not actually benefiting the poor, then the reason lay in its not being high enough. The 11th plan, by contrast, conceded that the “benefits of growth” did not automatically “trickle down”, but argued that growth...