-The Indian Express After the Centre had announced its intention to allow 51 per cent FDI in multibrand retail, Walmart said it would open stores in India in the next two years. However, without a bilateral investment treaty (BIT) between India and the US, Walmart’s investments in India are likely to be governed solely by domestic laws. If India and the US enter into a BIT, Walmart, reportedly being probed for...

-The Hindustan Times As Prime Minister Manmohan Singh and his team pull out all stops to  shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries. A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting...

-The Times of India The government is moving rapidly to enable cash transfers through the Aadhar platform with 51 districts to be covered by January 1, 2013, and half the country four months later — a bid to rollout an initiative aimed at streamlining subsidies while also earning votes. The plan is to put money directly into bank accounts of beneficiaries of government schemes like scholarships, cheap food under the Public Distribution...

-The Times of India Prime Minister Manmohan Singh has turned down suggestions from both Left and BJP leaders on considering changes in the appointment process of the comptroller and auditor general (CAG), while replying to a letter from CPI leader Gurudas Dasgupta on November 5. The PM, however, is open to changes in the appointment, resignation and removal process of election commissioners, including the chief election commissioner, as part of electoral...

-The Hindustan Times In an attempt that could help UPA 2 tide over the anti-incumbency factor and yield political dividends in 2014, the rural development ministry is proposing to cover 60 lakh additional below-poverty-line (BPL) people under its pension schemes. The proposals, including enhanced pension payouts, would cost the central exchequer an additional Rs. 9,500 crore. The recommendations of a committee under the ministry, if accepted, would add to the 260 lakh beneficiaries...