-The Times of India   Finance minister Pranab Mukherjee said on Friday that opening up of the multi-brand retail sector to foreign investment was still on the "mind of the government" and it would be pursued once consensus emerged among political parties and other stakeholders. Mukherjee blamed lack of consensus among political parties for the government's inability to implement the reform measure but said it did not reflect the lack of intention or...

-The Business Standard   Economists question veracity of the data; say too early for RBI to cut rates. Food inflation for the week ended December 10 fell to a four-year low of 1.81 per cent, after declining to 4.35 per cent last week. The decline is much sharper than what Chief Economic Advisor Kaushik Basu expected — he had predicted less than three per cent food inflation by early January. What’s more, many...

-The Times of India   Bapi Sarkhel, in the eye of a storm since the December 14 violence near Poscoproject site in Jagatsinghpur, said on Thursday certain politicians seeking his arrest had benefited from him in the past, but turned against him as they saw him as a threat. Police has booked him on charges of fomenting trouble in the proposed Posco steel plant site and attacking anti-land acquisition villagers in the...

-Live Mint The National Food Security Bill (NFSB) has finally been cleared by the cabinet. While this should have been seen as an important step forward towards the objective of food security for all, the Bill has come under severe criticism for being too ambitious and disastrous for the economy. While some of these fictitious numbers are expected from the media, concerns have also been raised by senior government functionaries, notably...

-The United Nations   The internationally stated goal of improving access to safe drinking water across the globe is likely to be achieved well ahead of the 2015 deadline, but large numbers of people in the world’s least developed regions will still not benefit, according to a United Nations report released today. Reducing by half the proportion of people without sustainable access to safe drinking water and basic sanitation by 2015 is one...