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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.

Disrupting Parliament is sacrilegious: Industry leaders

Prominent industry leaders today hit out at opponents of FDI in retail, stating they are resorting to 'false drama' and the act of perennial disruption of Parliament is 'sacrilegious'.

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4-day break to take steam off FDI rage; Govt mulls options

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With Parliament paralysed for the ninth day, the government said on Friday while there would be no rollback of Foreign Direct Investment in multi-brand retail, it might use the four-day parliamentary

We can’t ignore retailers; govt creating uncertainty: Advani

Accusing the government of creating political uncertainty by its actions, senior BJP leader L.K. Advani on Saturday attacked the decision to allow FDI in retail saying his party cannot ignore the huge constituency of millions of retailers.

C&I minister to inform House which states backed FDI

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Accusing BJP of U-turn over its stand on FDI in retail, commerce and industry minister Anand Sharma said on Saturday the government will place before Parliament records showing which of the states have supported opening of the sector to foreign investment.

PM not able to use authority, says Advani

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Bharatiya Janata Party (BJP) leader L.K. Advani on Saturday said Prime Minister Manmohan Singh has not "been able to exercise all authority” by accepting the communist model of government under which party chief is more important than the government head.

FDI decision suspended pending consensus: Pranab tells Mamata

The central government has decided to keep on hold the decision to allow 51 per cent foreign equity in retail till a consensus emerged on the issue, West Bengal Chief Minister Mamata Banerjee said on

Centre has decided to put FDI decision on hold: Mamata

The Central government has decided to keep on hold its the decision to allow foreign equity in retail till a consensus emerged on the issue, West Bengal chief minister Mamata Banerjee said on Saturday after talking to Union finance minister Pranab Mukherjee.

BJP asks government to make official announcement on FDI

As United Progressive Alliance (UPA) constituent Trinamool Congress leader Mamata Banerjee said the government was putting the decision on foreign equity in retail on hold, the Bharatiya Janata Party

Pranab refuses comment on FDI decision

Union Finance Minister Pranab Mukherjee on Saturday refused to react to West Bengal Chief Minister Mamata Banerjee's comment that the central government has decided to keep on hold its decision to all

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