-The Hindu In a rather unusual move, the Railway Minister, P.K. Bansal, on Wednesday announced an across the board hike in passenger fares less than two months before he would be presenting the Railway Budget for 2013-14. The hike comes into effect from January 21. However, Mr. Bansal declared that there will be no further fare increase in the ensuing budget. The new hike will range from two paise per km on basic...

-The Hindustan Times Some weeks ago, much before the gruesome gang rape and murder in the capital ruptured the country's conscience and forced our people out of their stupor to rise in widespread angry protests, The Guardian had posed the following question: "Of all the G-20 nations, India has been labeled as the worst place to be a woman. But how is this possible in a country that prides itself as being...

-The Times of India Brace for higher fuel bills as the government has formally started the consultation process for raising diesel and cooking gas prices - the latter with an increased annual cap of nine subsidized refills - in line with the recommendations of a finance ministry panel. The committee under former bureaucrat Vijay Kelkar, tasked to suggest a roadmap for cutting fiscal deficit, has suggested raising diesel price periodically to align...

-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...

-Outlook Opposing direct cash transfer and FDI in retail, Chhattisgarh Chief Minister Raman Singh today said inordinate delay in decision making and complicated procedures for statutory clearances were hurting the country's Economy.growth and investor sentiment. He told a meeting of National Development Council (NDC) here, chaired by Prime Minister Manmohan Singh, that the 12th plan has been made on "patronage model" and impinges on the autonomy of the states by making...