FDI in Retailing in India – Supply Chain

Last week, perhaps spurred by a series of raps on the knuckles by the western media (TIME, Washington Post), the Prime Minister of India, Dr. Manmohan Singh decided to sit up and act. As a result, among other sectors, FDI in retail was opened up to the tune of 51% for multi-brand retail. Retail is … Read more

Just What are the Petrol Prices Smoking?

The lovely @Shradzie tweeted other day: “I want to smoke what the petrol prices are smoking.” The promising thought resonated with a lot of people, me included. The state-owned Oil Marketing Companies (OMCs) had just announced the single largest hike in history – Rs. 7.50 per litre of petrol – some major high that. Understandably, … Read more