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FDI in multi-brand retail to encourage competition: CCI chief

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Coming to the defence of the government facing stiff opposition over opening multi-brand retail to foreign investment, the Competition Commission of India on Sunday said that entry of big players i

SP not to allow implementation of FDI in retail in UP

Maintaining opposition to FDI in retail sector, Uttar Pradesh Chief Minister Akhilesh Yadav on Saturday said his government will not allow its implementation in the state.

PM justifies diesel price hike, reform measures

Under fire from UPA allies and opposition parties, Prime Minister Manmohan Singh on Saturday justified hike in diesel price and ushering in new wave of economic reforms.

FDI in retail: ‘Government is being suicidal,’ says Nitish Kumar

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Bihar Chief Minister Nitish Kumar has hit out at the Congress-led UPA government's move to allow 51 per cent Foreign Direct Investment (FDI) in multi-brand retail, describing the step as 'suicidal'.

FDI implementation will be a welcome step: Kishore Biyani

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With the government still not decided about allowing foreign direct investment (FDI) in multi-brand retail, Future Group founder and chief executive officer Kishore Biyani has said its implementati

Momentum accelerates for India to open supermarket sector

The cabinet may decide by next week to allow chains such as the world's largest retailer Wal-Mart Stores Inc to operate in the country with a majority stake under strict local sourcing rules, a senior

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