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FDI in retail, trigger for another day of tumult

-The Hindu   Trinamool jumps on Opposition bandwagon, while Akali Dal backs move Cabinet clearance for Foreign Direct Investment in multi-brand retail led to tumult and uproar in Parliament, with both Houses adjourning without transacting any business for the third successive day on Friday. Going by the Opposition's hostile reaction, there is a question mark over smooth conduct of proceedings when Parliament meets on Monday. Communist Party of India Parliamentary Party leader Gurudas Dasgupta has...

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In climate talks West would redefine rich and poor

-AP   As delegates gather in South Africa to plot the next big push against climate change, Western governments are saying it’s time to move beyond traditional distinctions between industrial and developing countries and get China and other growing economies to accept legally binding curbs on greenhouse gases. It will be a central theme for the 20,000 national officials, lobbyists, scientists and advocates gathering under U.N. auspices in the coastal city of Durban...

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UPA opens the door for global retailers

-The Times of India   After debating the issue for over a decade, the government on Thursday threw open the multi-brand retail segment to foreign chains such as Wal-Mart, Carrefour and others in a move to attract overseas investment and dispel doubts about the coalition's ability to push through big-bang reforms.  After nearly two hours of discussion on Thursday evening, the Union Cabinet decided to allow foreign retailers to hold 51% stake in...

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WEF: Red Spider, Black Spider Redux by P Sainath

The audience, organisers, and fightersknow that sham wrestling is not to betaken seriously. But the World Economic Forum takes itself seriously. The comforting thing about the sham wrestling ‘championships' on television is that everybody knows they are a farce. Steroid-stuffed Cro-Magnons stomp the living daylights out of painkiller-primed Neanderthals. Good, unclean fun. The results are safely predictable. You should expect the 600-pound gorilla to overwhelm the 900-pound one in a staggering...

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Row over movie 'Dam 999', quake & safety of a 116-year-old Mullaperiyar dam

-The Economic Times   Prime Minister Manmohan Singh on Wednesday night held consultations with water resources minister PK Bansal on the Mullaperiyar dam - an old dispute between Kerala and Tamil Nadu, which has been reignited by a movie, Dam 999, and fresh cracks on the dam following two minor quakes in the region.  "It is amongst themselves that the matter can be sorted out. We can only play a role of facilitator....

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