Expressing commitment to push forward economic reforms, Finance Minister Pranab Mukherjee on Friday said the government is making efforts to build a consensus on important economic legislations, inc

The government has started consultations with various stakeholders, including associations of farmers and industry bodies, to garner support for allowing foreign investment in the retail sector, the c

Prime Minister Manmohan Singh on Wednesday admitted there was ‘inadequate preparation’ on the issue of allowing FDI in multi-brand retail, a reform which has been suspended, and he also said that some

To allay fears of groups opposing opening of multi-brand retail sector to FDI, the industry ministry has decided to soon start a process of comprehensive consultation with stakeholders including trade

The Civil Aviation Ministry has agreed to the proposal of allowing foreign carriers to buy 26 per cent stake in private airlines, sources said.

Earlier the Aviation Ministry had proposed to fix

The United States has said foreign direct investment in retail trade would be beneficial to both India and the US but it would wait for the debate over it to play out in a democracy like India.

"We u

Strongly defending its decision to allow FDI in retail, finance minister Pranab Mukherjee on Thursday told Congress MPs that the government was "compelled" to suspend the move to avoid "pre-mature elections".

With the all-party meeting on retail FDI scheduled for Wednesday morning, all eyes are fixed on its outcome as this will determine the fate of the ongoing Winter Session of Parliament.

Two weeks hav

The deadlock in parliament over the government's decision to allow foreign investment in the retail sector ended on Wednesday after an all-party meeting passed a resolution to suspend the move till co

The deadlock in Parliament over the government’s decision to allow foreign direct investment (FDI) in retail ended on Wednesday after an all-party meeting passed a resolution to suspend the move till consensus is reached.