India Inc terms holding back FDI in retail 'highly regressive'
Disappointed by the government's decision to put foreign direct investment (FDI) in multi-brand retail on hold, India Inc on Wednesday described the move as 'highly regressive'.
"It is a highly r
Govt bows to Oppn pressure, puts FDI in retail on hold
Bowing to intense pressure from within and outside, government on Wednesday announced suspension of its decision to allow FDI in retail, bringing Parliament back to business after nine days of logjam.
India Inc terms holding back FDI in retail 'highly regressive'
For the first time since Parliament's winter session began on November 22, both houses functioned normally and even took the critical question hour.
However, the government's decision to allow foreig
FDI in retail will leave consumers, traders suffering : CAIT
The Central government's proposal to introduce FDI in the retail sector can spell doom for both consumers and traders as it will dry up the existing supply chain with foreign investors jacking up p
51% FDI in retail exceeded Walmart's initial expectations
Walmart, world's largest retailer, had informed the Industry Ministry last year that it is comfortable with India allowing 49 per cent FDI in multi-brand retail, in view of 'political sensitivity'
All-party meeting called to end parliament stalemate
The government has called an all-party meeting on Wednesday to end the logjam in parliament over allowing Foreign Direct Investment (FDI) in retail following efforts over the past few days to reach ou
FDI holdback confirmed; Pranab speaks to Sushma
Finance minister Pranab Mukherjee on Monday spoke to Bharatiya Janata Party's (BJP) L.K. Advani and Sushma Swaraj and Left leader Sitaram Yechury to convey the government’s decision to put on hold allowing foreign direct investment (FDI) in retail, sources said.
India Inc. back Singh, attacks FDI opponents
Top industry figures on Sunday came out in open support of Prime Minister Manmohan Singh’s efforts to open up FDI in retail and hit out at opponents of the move, saying they were resorting to a 'false
FDI in retail put on hold, Pranab Mukherjee tells opposition leaders
The government has decided to hold back FDI in retail till a consensus is reached among political parties. This decision now ends the stand-off between the government and the opposition, which caused
FDI in retail put on hold, Pranab tells opposition
The government has decided to hold back FDI in retail till a consensus is reached among political parties. This decision now ends the stand-off between the government and the opposition, which caused a paralysis of Parliament.