-IANS Finance Minister Pranab Mukherjee on Wednesday met Congress MPs after calling on party president Sonia Gandhi to discuss the standoff over the decision to allow foreign equity in retail.  The government's known troubleshooter held a brief meeting with Gandhi at her 10 Janpath residence before meeting party MPs to allay their apprehensions on the decision to allow 51 percent foreign direct investment ( FDI) in multi-brand retail and 100 percent in...

-The Hindu   In a bid to break the impasse over foreign direct investment (FDI) in multi-brand retail, the government made a vain attempt on Wednesday night to persuade the Opposition to tone down the wording of its motion. But it was told in categorical terms that the demand for a rollback of the decision was non-negotiable. The Opposition stance was conveyed by the Working President of the National Democratic Alliance (NDA) and...

-The Indian Express   Pitching for changes in laws to deal with corruption, the Prime Minister's Chief Economic Advisor Kaushik Basu has said bribe-givers should not be penalised in case he has to pay money for getting the work done. In his revised paper to deal with corruption, Basu argued bribe giver could be penalised only if he or she benefits from government contracts. But in that case too, the penalty for bribe...

Farmers, a holy-cow constituency considered more valuable than small traders to the political class, have begun to ask uncomfortable questions to those opposing foreign direct investment (FDI) in retail. Several farmer groups, some of them led by politicians with ties to the Congress, have asked why some parties are standing in the way of a measure that is expected to reduce the clout of middlemen and increase farm earnings. Although Prime Minister...

Conceding a major Team Anna demand, the parliamentary committee examining the Lokpal Bill has decided to recommend that 57 lakh "Group C" central government employees - or the entire lower bureaucracy - be placed within the ambit of the anti-corruption ombudsman.  In a controversial decision, the panel also decided to exclude the Prime Minister from the Lokpal's jurisdiction as long as he holds office. This was at its final meeting to...