Business/Economy
Single brand retail FDI policy a flop, only one applicant so far - Financial Express
Slowdown in government’s policy initiatives and the corresponding weak market response is evident from the fact that despite allowing upto 100% foreign direct investment (FDI) in single brand retail, so far only one applicant wants to avail the benefit. Also, no decision has been taken by the government on allowing 49% FDI in Indian carriers by foreign airlines while there is no forward movement on increasing FDI in defence from 26% to 49% or allowing FDI in multi-brand retail.
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New procurement policy to boost India's self-reliance in arms - Ajai Shukla, Business Standard
FAA okays resumption of Dreamliner aircraft - PTI
Manna from heaven, or a new recession? - SA Aiyar, Times of India
Time for some ground work - Sumit Mazumder, Business Line
Cong vs Cong: Centre, AP govt in mining row - Subodh Ghildiyal, Times of India
CAG report: Cost of 242 water projects in Maharashtra up by Rs 26,000 cr, none completed - Indian Express
Why property is biggest con-job on investors - R Jagannathan, Money Control
We still live in the dark ages... - Mitul Thakkar, Economic Times
For whom the road tolls - MP Pinto, Business Standard
SC allows 18 more Karnataka mines to resume operations - Business Standard
Land Acquisition bill: India a step closer to a new land law - Liz Mathew & Elizabeth Roche, Mint
Drilling holes in the Thirst Economy - P Sainath, Hindu
Team including Indian develops Tamiflu rival - Subodh Varma, Times of India
India now in position of a thought leader on pharma patents - Kiran Mazumdar Shaw, Economic Times
Why get fixated about wheat export prices - Tejinder Narang, Business Line
Gold wipes $560 billion from reserves of central banks as equities rally - Debarati Roy & Joe Richter, Bloomberg
Rs 4,000-crore boost coming for exporters - Business Line
Cheaper oil, coal, gold can reignite foreign investment on right signals from govt - Economic Times
Ad-hocism in governance hurting image: Gopalakrishnan - HT
Fall in India’s military spend - Telegraph India
Competing with Cambodia - Devesh Kapur, Business Standard
A golden breakthrough - Renu Kohli, Mint
Let’s not piss away agriculture - Sunil Jain, Financial Express
US immigration reforms can be a passport to failure for IT - Economic Times
Dear FM, say it like this - Laveesh Bhandari, Economic Times
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Verbatim

Nothing epitomises Congress's oligarchic culture, hinging on a power cabal that centres in a ‘High Command', than disgraced former Union Minister  for Law and Justice Ashwani Kumar's parting statement in his own defence while demitting office. “Whatever the PM and the party High Command thought fit, as a loyal foot soldier, I have done, and I am proud of the fact that I have been a loyal foot soldier of the party”. There is no word about his loyalty to the nation, which, for patriotic Indians, should have precedence over party, Prime Minister and high command. But not in the Congress's scheme of things, which, in the final reckoning, is a matter of perpetuating the Nehru-Gandhi family's hegemony.
Anuradha Dutt
 

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