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'.

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.

The BJP on Saturday vehmently opposed the decision to allow FDI in retail trade and charged the government with taking the decision at the behest of "foreign pressure".

Dubbing Prime Minister Dr Manmohan Singh as 'Singham for foreigners', Gujarat Chief Minister Narendra Modi on Saturday said the country wanted to know how many 'Italian businessmen' would benefit by t

The Indian Cabinet on Friday decided to operationalise 51 per cent FDI in multi-brand retail but left it to the state governments to allow setting up of such stores.

The government's decision to operationalise FDI in multi-brand retail would help the realty sector as the move would create demand for retail space and boost mall development in the country, real esta

Furious over the Centre allowing 51 per cent FDI in multibrand retail after the diesel price hike and uncapping of subsidy on LPG cylinders, Trinamool Congress supremo Mamata Banerjee on Friday threat

Global ratings agency Fitch has cut the outlook for India's vast retail sector from stable to negative, saying consumer spending was at its weakest in seven years.

Raising the banner of opposition to FDI in retail, UPA supporter Samajwadi Party on Sunday joined Left parties and JD(S) in asking the government not to go ahead with the controversial decision without wide-ranging consensus.

Holding that FDI in retail will harm farmers and small traders, Uttar Pradesh Chief Minister Akhilesh Yadav has said any move facilitating entry of multi-national firms in the sector would be opposed.