Saturday, January 7, 2012

Multibrand retail FDI to kick in after polls with minor tweaks


The Arushi Talwar murder case makes a comeback on the front pages of newspapers, with the Supreme Court ordering resumption of trial of her parents, in what was virtually given up as Delhi's most perplexing blind murder case. ''Supreme Court puts Arushi's parents in the dock", headlines the Indian Express. "Arushi ghost returns to haunt Talwars" writes the Mail Today.

The visit of a 30-strong military delegation to China has been put on hold after Beijing refused to issue a visa to an Indian Air Force officer, hailing from Arunachal Pradesh - "China at it again, denies visa to Arunachal officer," headlines the Times of India. The Asian Age, however, adds that there could have been 'procedural glitches' on the part of the Armed Forces not taking mandatory approval from the Finance Ministry.

The turf war between the Home Ministry and the Planning Commission over expansion of the Nandan Nilekani-led UID project, is covered by the Hindustan Times. The paper writes that the Planning Commission has rejected the Home Ministry proposal to issue Smart Identity - saying that chip based ID cards were a waste of Public money. The Home Ministry could ask the cabinet to mediate.

The Indian Express reports that the government has completed the 5,846 kilometre Golden Quadrilateral Highway Project - which connects Delhi, Mumbai, Chennai and Kolkatta. The initiative , which started in the year 2000, is part of the first phase of the Government's National Highways Development project.

The Financial Express writes that the Government has never removed Foreign Direct Investment in multi brand retail from its agenda, and is just biding time to implement the proposal. "Multibrand retail FDI to kick in after polls with minor tweaks, headlines the paper, quoting Chief Economic Advisor Kaushik Basu.

And finally, the Times of India informs us that the Election Commission has decided to have all statues of Mayawati and those of her party symbol the elephant - covered - ahead of the polls in Uttar Pradesh". It's a tough task - given that her tallest statue stands 24 feet high in Lucknow.

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