India has rebuffed a request by IKEA to relax rules on buying goods locally, a government source said on Friday, raising the prospect of a delay in the world's largest furniture maker entering the Ind

Calling Mamata Banerjee intelligent, Chief Economic Advisor Kaushik Basu on Saturday said the West Bengal Chief Minister will realise FDI in multi-brand retail will be a ‘win-win’ situation if the ref

The government will take a decision on allowing foreign direct investment (FDI) in the multi-brand retail sector at the right time as it is seized of the issue, Economic Affairs Secretary R. Gopalan s

Prime Minister Manmohan Singh was overseas and his outgoing finance minister was clearing his desk last week as the government quietly began preparing the ground for a new push to open up India's $450

India has assured global investors that the country will move forward with its decision to open multi-brand retail to foreign investment and it has not pressed the ‘reverse button’ on the proposal.

India has been ranked the fifth most attractive destination for retail investment among 30 emerging markets because of rising disposable incomes and rapid urbanisation.

Even though its ranking slippe

Physical gold traders in India, the world's biggest buyer, kept to the sidelines on Thursday seeking bigger falls in prices to book deals, even as the yellow metal fell more than half a percent.

At 9

Sunita Kumar, a factory worker’s wife in the Indian village of Hazratpur, has added talcum powder and face cream to her little make-up box for weddings and festivals. She doesn’t know they are fake.

Walmart Stores plans to hire 100 more software developers in India for its e-commerce platform. The new platform is designed to connect Walmart's digital and physical properties worldwide giving custo

Starbucks Corp, the world's largest coffee company, is finalising its retail partnership with Tata Coffee Ltd and hopes to announce the deal by the end of this month, a senior official of the Indian c